Pitney Bowes (PBI) 10-K 20 Feb 24 2023 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Jan. 31, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Entity File Number	1-3579
Entity Registrant Name	PITNEY BOWES INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	06-0495050
Entity Address, Address Line One	3001 Summer Street,
Entity Address, City or Town	Stamford,
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06926
City Area Code	(203)
Local Phone Number	356-5000
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Document Financial Statement Error Correction	false
Entity Public Float			$ 622
Entity Common Stock, Shares Outstanding		176,528,703
Documents Incorporated by Reference	Portions of the registrant's proxy statement to be filed within 120 days after our fiscal year end in connection with the Annual Meeting of Stockholders, are incorporated by reference in Part III of this Form 10-K.
Annual Report	true
Transition Report	false
Entity Central Index Key	0000078814
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Stock, $1 par value per share
Document Information [Line Items]
Title of 12(b) Security	Common Stock, $1 par value per share
Trading Symbol	PBI
Security Exchange Name	NYSE
6.7% Notes due 2043
Document Information [Line Items]
Title of 12(b) Security	6.7% Notes due 2043
Trading Symbol	PBI.PRB
Security Exchange Name	NYSE

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Audit Information [Abstract]
Auditor Firm ID	238
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	Stamford, Connecticut

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue		$ 3,266,348	$ 3,538,042	$ 3,673,561
Costs and expenses:
Selling, general and administrative		897,260	905,570	924,163
Research and development		41,405	43,657	46,777
Restructuring charges		61,585	18,715	19,003
Goodwill impairment		339,184	0	0
Interest expense, net		100,445	89,980	96,886
Other components of net pension and postretirement (income) cost		(8,256)	4,308	1,010
Other (income) expense		(3,064)	(21,618)	41,574
Total costs and expenses		3,672,850	3,498,162	3,680,976
(Loss) income from continuing operations before income taxes		(406,502)	39,880	(7,415)
(Benefit) provision for income taxes		(20,875)	2,940	(10,922)
(Loss) income from continuing operations		(385,627)	36,940	3,507
Loss from discontinued operations, net of tax		0	0	(4,858)
Net (loss) income		$ (385,627)	$ 36,940	$ (1,351)
Basic (loss) earnings per share attributable to common stockholders
Continuing operations (in dollars per share)	[1]	$ (2.20)	$ 0.21	$ 0.02
Discontinued operations (in dollars per share)	[1]	0	0	(0.03)
Net (loss) income (in dollars per share)	[1]	(2.20)	0.21	(0.01)
Diluted (loss) earnings per share attributable to common stockholders
Continuing operations (in dollars per share)	[1]	(2.20)	0.21	0.02
Discontinued operations (in dollars per share)	[1]	0	0	(0.03)
Net (loss) income (in dollars per share)	[1]	$ (2.20)	$ 0.21	$ (0.01)
Business services
Revenue:
Total revenue		$ 2,045,069	$ 2,249,941	$ 2,334,674
Costs and expenses:
Cost of products and sales		1,756,616	1,934,206	2,034,477
Support services
Revenue:
Total revenue		410,734	438,191	460,888
Costs and expenses:
Cost of products and sales		137,676	148,829	149,706
Financing
Revenue:
Total revenue		271,197	274,508	294,418
Costs and expenses:
Cost of products and sales		63,281	51,789	47,059
Equipment sales
Revenue:
Total revenue		323,739	354,960	350,138
Costs and expenses:
Cost of equipment sales		223,757	253,843	251,914
Supplies
Revenue:
Total revenue		147,709	154,186	159,438
Costs and expenses:
Cost of products and sales		43,347	43,778	43,980
Rentals
Revenue:
Total revenue		67,900	66,256	74,005
Costs and expenses:
Cost of products and sales		$ 19,614	$ 25,105	$ 24,427
[1] The sum of the earnings per share amounts may not equal the totals due to rounding.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (385,627)	$ 36,940	$ (1,351)
Other comprehensive (loss) income, net of tax:
Foreign currency translations, net of tax of $(741), $(3,942) and $(767), respectively	25,279	(71,344)	(34,168)
Net (loss) gain on cash flow hedges, net of tax of $(1,847), $2,900 and $1,738, respectively	(5,541)	8,700	5,214
Net unrealized gain (loss) on available for sale securities, net of tax of $1,878, $(10,424) and $(2,217), respectively	5,977	(33,191)	(6,651)
Adjustments to pension and postretirement plans, net of tax of $(18,875), $4,312 and $17,986, respectively	(55,128)	9,297	54,618
Amortization of pension and postretirement costs, net of tax of $4,461, $9,315 and $12,755, respectively	13,732	31,286	39,806
Other comprehensive (loss) income, net of tax	(15,681)	(55,252)	58,819
Comprehensive (loss) income	$ (401,308)	$ (18,312)	$ 57,468

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Foreign currency translations, tax	$ (741)	$ (3,942)	$ (767)
Net (loss) gain on cash flow hedges, tax	(1,847)	2,900	1,738
Net unrealized gain (loss) on available for sale securities, tax	1,878	(10,424)	(2,217)
Adjustments to pension and postretirement plans, tax	(18,875)	4,312	17,986
Amortization of pension and postretirement costs, tax	$ 4,461	$ 9,315	$ 12,755

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 601,053	$ 669,981
Short-term investments (includes $2,382 and $1,882, respectively, reported at fair value)	22,166	11,172
Accounts and other receivables (net of allowance of $6,139 and $5,344 respectively)	342,236	343,557
Short-term finance receivables (net of allowance of $14,347 and $11,395, respectively)	563,536	564,972
Inventories	70,053	83,720
Current income taxes	564	8,790
Other current assets and prepayments	92,309	115,824
Total current assets	1,691,917	1,798,016
Property, plant and equipment, net	383,628	420,672
Rental property and equipment, net	23,583	27,487
Long-term finance receivables (net of allowance of $8,880 and $10,555, respectively)	653,085	627,124
Goodwill	734,409	1,066,951
Intangible assets, net	62,250	77,944
Operating lease assets	309,958	296,129
Noncurrent income taxes	60,995	46,613
Other assets (includes $227,131 and $229,936, respectively, reported at fair value)	352,360	380,419
Total assets	4,272,185	4,741,355
Current liabilities:
Accounts payable and accrued liabilities	875,476	907,083
Customer deposits at the Bank	640,323	628,072
Current operating lease liabilities	60,069	52,576
Current portion of long-term debt	58,931	32,764
Advance billings	89,087	105,207
Current income taxes	6,523	2,101
Total current liabilities	1,730,409	1,727,803
Long-term debt	2,087,101	2,172,502
Deferred taxes on income	211,477	263,131
Tax uncertainties and other income tax liabilities	19,091	23,841
Noncurrent operating lease liabilities	277,981	265,696
Other noncurrent liabilities	314,702	227,729
Total liabilities	4,640,761	4,680,702
Commitments and contingencies (See Note 15)
Stockholders' (deficit) equity:
Common stock, $1 par value (480,000 shares authorized; 270,338 and 323,338 shares issued, respectively)	270,338	323,338
Retained earnings	3,077,988	5,125,677
Accumulated other comprehensive loss	(851,245)	(835,564)
Treasury stock, at cost (93,972 and 149,307 shares, respectively)	(2,865,657)	(4,552,798)
Total stockholders’ (deficit) equity	(368,576)	60,653
Total liabilities and stockholders’ (deficit) equity	$ 4,272,185	$ 4,741,355

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Short-term investments, fair value	$ 2,382	$ 1,882
Accounts and other receivables, allowance	6,139	5,344
Short-term finance receivables, allowance	14,347	11,395
Long-term finance receivables, allowance	8,880	10,555
Other assets, fair value	$ 227,131	$ 229,936
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized (in shares)	480,000,000	480,000,000
Common stock, issued (in shares)	270,338,000	323,338,000
Treasury stock (in shares)	93,972,000	149,307,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net (loss) income	$ (385,627)	$ 36,940	$ (1,351)
Loss from discontinued operations, net of tax	0	0	4,858
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	160,430	163,816	162,859
Allowance for credit losses	16,687	8,937	7,808
Stock-based compensation	9,597	16,629	20,862
Amortization of debt fees	10,698	8,674	7,163
(Gain) loss on debt redemption/refinancing	(3,064)	4,993	56,209
Restructuring charges	61,585	18,715	19,003
Restructuring payments	(34,443)	(15,406)	(21,990)
Pension contributions and retiree medical payments	(33,815)	(26,769)	(27,534)
Gain on sale of businesses, including transaction costs	0	(12,205)	(10,201)
Gain on sale of assets	0	(14,372)	(1,434)
Goodwill impairment	339,184	0	0
Deferred taxes	(50,815)	3,688	(19,883)
Other, net	6,040	13,997	9,179
Changes in operating assets and liabilities, net of acquisitions/divestitures:
Accounts and other receivables	(6,027)	(29,303)	37,503
Finance receivables	(2,646)	(12,591)	20,934
Inventories	14,293	(4,942)	(8,008)
Other current assets and prepayments	30,841	2,727	(1,184)
Accounts payable and accrued liabilities	(43,110)	18,577	57,780
Current and noncurrent income taxes	6,904	(14,464)	2,971
Advance billings	(17,244)	8,342	(14,029)
Net cash from operating activities	79,468	175,983	301,515
Cash flows from investing activities:
Capital expenditures	(102,878)	(124,840)	(184,042)
Purchases of investment securities	(18,887)	(8,863)	(74,923)
Proceeds from sales/maturities of investment securities	25,390	28,724	97,358
Net investment in loan receivables	(29,754)	(53,114)	(6,288)
Proceeds from sale of business, net of cash sold	0	111,593	27,573
Proceeds from asset sales	0	50,766	1,840
Acquisitions, net of cash acquired	0	(5,139)	(14,996)
Settlement of derivative contracts	427	(27,660)	0
Other investing activities, net	2,870	4,264	0
Net cash from investing activities: continuing operations	(122,832)	(24,269)	(153,478)
Net cash from investing activities: discontinued operations	0	0	(1,773)
Net cash from investing activities	(122,832)	(24,269)	(155,251)
Cash flows from financing activities:
Proceeds from the issuance of debt, net of discount	266,750	0	1,195,500
Principal payments of debt	(322,886)	(124,101)	(1,445,734)
Premiums and fees to refinance debt	(10,531)	(8,535)	(50,763)
Dividends paid to stockholders	(35,215)	(34,718)	(34,800)
Customer deposits at the Bank	86,223	(3,990)	14,862
Common stock repurchases	0	(13,446)	0
Other financing activities, net	(15,607)	(13,293)	(9,436)
Net cash from financing activities	(31,266)	(198,083)	(330,371)
Effect of exchange rate changes on cash and cash equivalents	5,702	(16,130)	(4,863)
Change in cash and cash equivalents	(68,928)	(62,499)	(188,970)
Cash and cash equivalents at beginning of period	669,981	732,480	921,450
Cash and cash equivalents at end of period	$ 601,053	$ 669,981	$ 732,480

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' (DEFICIT) EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained earnings	Accumulated other comprehensive loss	Treasury stock
Beginning balance at Dec. 31, 2020	$ 70,621	$ 323,338	$ 68,502	$ 5,205,421	$ (839,131)	$ (4,687,509)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(1,351)			(1,351)
Other comprehensive (loss) income	58,819				58,819
Dividends	(34,800)			(34,800)
Issuance of common stock	(1,519)		(86,879)			85,360
Stock-based compensation	20,862		20,862
Ending balance at Dec. 31, 2021	112,632	323,338	2,485	5,169,270	(780,312)	(4,602,149)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	36,940			36,940
Other comprehensive (loss) income	(55,252)				(55,252)
Dividends	(34,718)			(34,718)
Issuance of common stock	(2,132)		(19,114)	(45,815)		62,797
Stock-based compensation	16,629		16,629
Repurchase of common stock	(13,446)					(13,446)
Ending balance at Dec. 31, 2022	60,653	323,338	0	5,125,677	(835,564)	(4,552,798)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(385,627)			(385,627)
Other comprehensive (loss) income	(15,681)				(15,681)
Dividends	(35,215)			(35,215)
Issuance of common stock	(2,303)		(9,597)	(63,877)		71,171
Stock-based compensation	9,597		9,597
Retirement of treasury stock	0	(53,000)		(1,562,970)		1,615,970
Ending balance at Dec. 31, 2023	$ (368,576)	$ 270,338	$ 0	$ 3,077,988	$ (851,245)	$ (2,865,657)

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' (DEFICIT) EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Stockholders' Equity [Abstract]
Dividends (in dollars per share)	$ 0.20	$ 0.20	$ 0.20

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying Consolidated Financial Statements of Pitney Bowes Inc. and its wholly owned subsidiaries (we, us, our, or the company) have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP). Intercompany transactions and balances have been eliminated. Pre-tax income for the twelve months ended December 31, 2022 includes a benefit of $3 million to correct misstatements related to prior periods. The impact of these misstatements is not material to the consolidated financial statements of the current annual period or for any prior quarterly or annual periods. Factors Affecting Comparability Certain transactions and changes occurred during 2022 that impact the comparability to our 2023 financial results. These transactions and changes include: • the sale of our Borderfree cross-border ecommerce solutions business (Borderfree) in July 2022. Accordingly, reported revenue and costs for the twelve months ended December 31, 2022 include six months of revenue and costs for Borderfree. Net income of Borderfree for these periods was not significant. • a change in the presentation of revenue for digital delivery services effective October 1, 2022, from a gross basis to a net basis. Accordingly, in 2023, revenue and costs of revenue for certain digital delivery services are reported on a net basis as business services revenue; whereas in 2022, revenue and cost of revenue for these services through September 30 were reported as business services revenue and cost of business services, respectively. The change primarily impacts our Global Ecommerce segment. Use of Estimates The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses and accompanying disclosures, including the disclosure of contingent assets and liabilities. These estimates and assumptions are based on management's best knowledge of current events, historical experience and other information available when the financial statements are prepared. These estimates include, but are not limited to, goodwill and intangible asset impairment review, deferred tax asset valuation allowance, income tax reserves, revenue recognition for multiple element arrangements, pension and other postretirement costs, allowance for credit losses, residual values of leased assets, useful lives of long-lived and intangible assets, restructuring costs and loss contingencies. Actual results could differ from those estimates and assumptions. Cash and Cash Equivalents Cash equivalents include interest-earning investments with maturities of three months or less at the date of purchase. Restricted cash included in cash and cash equivalents at December 31, 2023 and 2022 was $3 million and $1 million, respectively. Restricted cash represent cash balances which are legally or contractually restricted. Investment Securities Investment securities classified as available-for-sale are recorded at fair value with changes in fair value due to market conditions (i.e., interest rates) recorded in accumulated other comprehensive loss (AOCL), and changes in fair value due to credit conditions recorded in earnings. Purchase premiums and discounts are amortized using the effective interest method over the term of the security. Gains and losses on sales of available-for-sale securities are recorded on the trade date using the specific identification method. There were no unrealized losses due to credit losses charged to earnings in 2023, 2022, or 2021. Investment securities classified as held-to-maturity and are carried at amortized cost. We also hold certain other investments, whereby their nature, changes in fair value are recorded through earnings on a recurring basis or upon the occurrence of an observable transaction. Accounts and Other Receivables and Allowance for Credit Losses Accounts receivables are generally due within 30 days after the invoice date. We provide an allowance for credit losses based on historical loss experience, the age of the receivables, specific troubled accounts and other currently available information. Accounts receivables are written off against the allowance after all collection efforts have been exhausted and management deems the account to be uncollectible, or when they are 365 days past due, if sooner. We believe that our accounts receivable credit risk is low because of the geographic and industry diversification of our clients and small account balances for most of our clients. We continually evaluate the adequacy of the allowance for credit losses and adjust as necessary. Finance Receivables and Allowance for Credit Losses Finance receivables are comprised of sales-type leases, secured loans and unsecured loans. Sales-type leases and secured loans are from financing options provided to clients for Pitney Bowes equipment or leasing of other manufacturers' equipment and are generally due in installments over periods ranging from three We provide an allowance for credit losses based on historical loss experience, the nature of our portfolios, adverse situations that may affect a client's ability to pay and current economic conditions and outlook based on reasonable and supportable forecasts. We continually evaluate the adequacy of the allowance for credit losses and adjust as necessary. Credit approval limits are established based on the credit quality of the client and the type of equipment financed. We cease revenue recognition for lease receivables and unsecured loan receivables that are more than 90 days past due. Revenue recognition is resumed when the client's payments reduce the account aging to less than 60 days past due. Finance receivables are written off against the allowance after all collection efforts have been exhausted and management deems the account to be uncollectible. We believe that our finance receivable credit risk is low because of the geographic and industry diversification of our clients and small account balances for most of our clients. Inventories Inventories are stated at the lower of cost, determined on the first-in, first-out (FIFO) basis or net realizable value. Fixed Assets Property, plant and equipment and rental equipment are stated at cost and depreciated principally using the straight-line method over their estimated useful lives, which are 50 years for buildings, 10-20 years for building improvements, up to 3 years for internal use software development costs, 3-12 years for machinery and equipment and 3-6 years for rental equipment. Leasehold improvements are amortized over the shorter of their estimated useful life or the remaining lease term. Major improvements that add to the productive capacity or extend the life of an asset are capitalized while repairs and maintenance are charged to expense. Fully depreciated assets are retained in fixed assets and accumulated depreciation until they are removed from service. Intangible Assets Finite-lived intangible assets are amortized using the straight-line method over their estimated useful lives of up to 10 years. Deferred Costs Certain incremental costs to obtain a contract are capitalized if we expect the benefit of those costs to be realized over a period greater than one year. These costs primarily relate to contract costs and sales commissions on multi-year equipment sales. Costs are amortized in a manner consistent with the timing of the related revenue over the contract performance period or longer, if renewals are expected and the renewal commission is not commensurate with the initial commission. Unamortized deferred costs at December 31, 2023 and December 31, 2022, included in other assets, were $39 million and $41 million, respectively. Amortization expense for these costs for the years ended December 31, 2023, 2022 and 2021 was $18 million, $22 million and $18 million, respectively. Revenue Recognition We derive revenue from multiple sources including sales, rentals, financing and services. Certain transactions are consummated at the same time and can therefore generate revenue from multiple sources. The most common form of these transactions involves a sale or noncancelable lease of equipment, meter services and an equipment maintenance agreement. We determine whether each product and service within the contract should be treated as a separate performance obligation (unit of accounting) for revenue recognition purposes. For contracts that include multiple performance obligations, the transaction price is allocated based on relative standalone selling prices (SSP), which are a range of selling prices that we would sell a product or service to a customer on a separate basis. SSP are established for each performance obligation at the inception of the contract and can be observable prices or estimated. The allocation of the transaction price to the various performance obligations impacts the timing of revenue recognition, but does not change the total revenue recognized. More specifically, revenue related to our offerings is recognized as follows: Business services Business services includes fulfillment, delivery and return services, cross-border solutions, mail processing services and shipping subscription solutions. Revenue for fulfillment, delivery and return services, cross-border solutions and mail processing services is recognized over time using an output method based on the number of parcels or mail pieces either processed or delivered, depending on the service type, since that measure best depicts the value of goods and services transferred to the client over the contract period. Revenue for shipping subscription solutions is recognized ratably over the contract period as the client obtains equal benefit from these services throughout the period. We review third-party relationships and record revenue on a gross basis when we act as a principal in a transaction and on a net basis when we act as an agent between a client and vendor. In determining whether we are acting as principal or agent, we consider several factors such as whether we are the primary obligor to the client or have control over pricing. Support services Support services includes providing maintenance, professional and subscription services for our equipment and digital mailing and shipping technology solutions. Revenue is allocated to these services using selling prices charged in standalone transactions. Revenue for maintenance and subscription services is recognized ratably over the contract period and revenue for professional services is recognized when services are provided. Financing We provide financing for our products primarily through sales-type leases and revolving lines of credit for the purchase of postage and supplies. Financing revenue also includes finance income, late fees and investment income, gains and losses at the Bank. We record financing income over the lease term using the effective interest method. Financing revenue also includes amounts related to sales-type leases that customers have extended or renewed for an additional term. Revenue for these contracts is recognized over the term of the modified lease using the effective interest method. We believe that our sales-type lease portfolio contains only normal collection risk. Equipment residual values are determined at the inception of the lease using management's best estimate of fair value at the end of the lease term. Fair value estimates are determined based on historical renewal experience, used equipment markets, competition and technological changes. We evaluate residual values on an annual basis or sooner if circumstances warrant. Declines in estimated residual values considered "other-than-temporary" are recognized immediately. Increases in estimated future residual values are not recognized until the equipment is remarketed. Equipment sales We sell and lease equipment directly to customers and to distributors (re-sellers) throughout the world. The amount of revenue allocated to the equipment is based on a range of observable selling prices in standalone transactions. Revenue is recognized as control of the equipment transfers to the customer. Revenue from the sale of equipment under sales-type leases is recognized upon shipment for self-installed products and upon installation or customer acceptance for other products. Revenue from the direct sale of equipment is recognized upon delivery for self-installed products and upon installation or customer acceptance for other products. We do not typically offer any rights of return. Supplies Supplies revenue includes the sale of supplies for our mailing equipment and is recognized upon delivery. Rentals Rentals revenue includes revenue from mailing equipment that does not meet the criteria for as a sales-type lease. We may invoice in advance for rentals according to the terms of the agreement. Advanced billings are initially deferred and recognized on a straight-line basis over the billing period. Revenue generated from financing clients for the continued use of equipment subsequent to the expiration of the original lease is recognized as rentals revenue. Shipping and Handling Shipping and handling costs are recognized as costs of revenue as incurred. Research and Development Costs Research and development includes research, development and engineering activities relating to the development of new products and solutions and enhancements of existing products and solutions. Costs primarily include salaries, benefits and other employee-related expenses, materials, contract services, information systems and facilities and equipment costs. Research and development costs are charged to expense as incurred. Restructuring Charges Restructuring charges may include employee severance and related separation costs and facility abandonment and other related charges. Employee severance and separation costs are recognized when a liability is incurred, which is generally upon communication to the affected employee, and the amount to be paid is both probable and can be reasonably estimated. Severance accruals are based on company policy, historical experience and negotiated settlements. Stock-based Compensation Compensation expense for stock-based awards is measured based on the estimated fair value of the awards expected to vest and recognized ratably over the requisite service period. We may issue restricted stock and non-qualified stock options under our stock award plans. The fair value of restricted stock is estimated based on the market price of our common stock on the grant date, less the present value of expected dividends. The fair value of non-qualified stock options is determined using the Black-Scholes valuation model. We believe that these valuation techniques and the underlying assumptions are appropriate in estimating the fair value of stock awards. Forfeitures are estimated at the time of grant to recognize expense for those awards that are expected to vest and are based on our historical forfeiture rates. Stock-based compensation expense is recognized primarily in selling, general and administrative expense. Retirement Plans Net periodic benefit cost includes service cost, interest cost, expected return on plan assets and the amortization of actuarial gains and losses. Actuarial gains and losses arise from actual results that differ from previous assumptions and changes in assumptions. The expected return on plan assets is based on a market-related valuation of plan assets where differences between the actual and expected return on plan assets are recognized over a five-year period. Actuarial gains and losses are recognized in other comprehensive loss, net of tax, and amortized to benefit cost primarily over the life expectancy of plan participants. The funded status of pension and other postretirement benefit plans is recognized in the consolidated balance sheets. Impairment Review Long-lived assets and finite-lived intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. The estimated undiscounted future cash flows expected to result from the use and eventual disposition of the asset is compared to the asset's carrying value. The fair value of the asset is determined using probability weighted expected cash flow estimates, derived from our long-term business plan and historical experience, quoted market prices when available and appraisals, as appropriate. Goodwill is tested annually for impairment at the reporting unit level as of the beginning of the fourth quarter or sooner if circumstances indicate an impairment may exist. The impairment test for goodwill determines the fair value of each reporting unit and compares it to the reporting unit's carrying value, including goodwill. If the fair value of a reporting unit exceeds the carrying value of the net assets assigned to that reporting unit, goodwill is not impaired. If the fair value of the reporting unit is less than the carrying value of the net assets assigned to the reporting unit, a goodwill impairment loss is calculated as the difference between these amounts, limited to the amount of goodwill allocated to the reporting unit. During 2023, we recorded non-cash, pre-tax goodwill impairment charges in the second and fourth quarters of $119 million and $220 million, respectively. See Note 8 for further details. Derivative Instruments We are exposed to the impact of changes in foreign currency exchange rates and interest rates. We limit these risks by following established risk management policies and procedures. We may also use derivatives to limit the effects of currency exchange rate fluctuations on financial results and manage the related cost of debt. We do not use derivatives for trading or speculative purposes. Derivatives are measured at fair value and reported as assets and liabilities, as applicable. The accounting for changes in fair value depends on the intended use of the derivative, the resulting designation and the effectiveness of the instrument in offsetting the risk exposure it is designed to hedge. To qualify as a hedge, a derivative must be highly effective in offsetting the risk designated for hedging purposes. The hedge relationship must be formally documented at inception, detailing the particular risk management objective and strategy for the hedge. The effectiveness of the hedge relationship is evaluated on a retrospective and prospective basis. The use of derivatives exposes us to counterparty credit risk. To mitigate such risks, we only enter into agreements with financial institutions that meet stringent credit requirements. We regularly review our credit exposure and the creditworthiness of our counterparties. We have not seen a material change in the creditworthiness of our derivative counterparties. Income Taxes We recognize deferred tax assets and liabilities for the future tax consequences attributable to differences between the carrying amounts of assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date of such change. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized. In estimating the necessity and amount of a valuation allowance, we consider all available evidence for each jurisdiction, including historical operating results, estimates of future taxable income and the feasibility of ongoing tax planning strategies. We adjust the valuation allowance through income tax expense when new information becomes available that would alter our determination of the amount of deferred tax assets that will ultimately be realized. Earnings per Share Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the year. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding during the year plus the weighted-average dilutive effect of common stock equivalents. Translation of Non-U.S. Currency Amounts In general, the functional currency of our foreign operations is the local currency. Assets and liabilities of subsidiaries operating outside the U.S. are translated at rates in effect at the end of the period and revenue and expenses are translated at average rates during the period. Net deferred translation gains and losses are included as a component of accumulated other comprehensive loss. Loss Contingencies In the ordinary course of business, we are routinely defendants in, or party to, a number of pending and threatened legal actions. On a quarterly basis, we review the status of each significant matter and assess the potential financial exposure. If the potential loss from any claim or legal action is considered probable and can be reasonably estimated, we establish a liability for the estimated loss. The assessment of the ultimate outcome of each claim or legal action and the determination of the potential financial exposure requires significant judgment. Estimates of potential liabilities for claims or legal actions are based only on information that is available at that time. As additional information becomes available, we may revise our estimates, and these revisions could have a material impact on our results of operations and financial position. Legal fees are expensed as incurred. Accounting Pronouncements Adopted in 2023 On January 1, 2023, we adopted ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures, which requires disclosure of gross write-offs of finance receivables by year of origination. The adoption of this standard did not have a material impact on our disclosures. Accounting Pronouncements Not Yet Adopted In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , which would require additional transparency for income tax disclosures, including the income tax rate reconciliation table and cash taxes paid both in the United States and foreign jurisdictions. This standard is effective for annual periods beginning after December 15, 2024. We are currently assessing the impact this standard will have on our disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which would require enhanced disclosures about significant segment expenses and information used to assess segment performance. This standard is effective for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. We are currently assessing the impact this standard will have on our disclosures. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The transition to new reference interest rates will require certain contracts to be modified and the ASU is intended to provide temporary optional expedients and exceptions to U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates. The accommodations provided by the ASU are effective through December 31, 2024, and may be applied at the beginning of any interim period within that time frame.

Revenue

Revenue	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregated Revenue The following tables disaggregate our revenue by source and timing of recognition: Year Ended December 31, 2023 Global Ecommerce Presort Services SendTech Solutions Revenue from products and services Revenue from leasing transactions and financing Total consolidated revenue Revenue from products and services Business services $ 1,355,326 $ 617,599 $ 72,144 $ 2,045,069 $ — $ 2,045,069 Support services — — 410,734 410,734 — 410,734 Financing — — — — 271,197 271,197 Equipment sales — — 88,144 88,144 235,595 323,739 Supplies — — 147,709 147,709 — 147,709 Rentals — — — — 67,900 67,900 Subtotal 1,355,326 617,599 718,731 2,691,656 $ 574,692 $ 3,266,348 Revenue from leasing transactions and financing — — 574,692 574,692 Total revenue $ 1,355,326 $ 617,599 $ 1,293,423 $ 3,266,348 Timing of revenue recognition from products and services Products/services transferred at a point in time $ — $ — $ 306,414 $ 306,414 Products/services transferred over time 1,355,326 617,599 412,317 2,385,242 Total $ 1,355,326 $ 617,599 $ 718,731 $ 2,691,656 Year Ended December 31, 2022 Global Ecommerce Presort Services SendTech Solutions Revenue from products and services Revenue from leasing transactions and financing Total consolidated revenue Revenue from products and services Business services $ 1,576,348 $ 602,016 $ 71,577 $ 2,249,941 $ — $ 2,249,941 Support services — — 438,191 438,191 — 438,191 Financing — — — — 274,508 274,508 Equipment sales — — 88,022 88,022 266,938 354,960 Supplies — — 154,186 154,186 — 154,186 Rentals — — — — 66,256 66,256 Subtotal 1,576,348 602,016 751,976 2,930,340 $ 607,702 $ 3,538,042 Revenue from leasing transactions and financing — — 607,702 607,702 Total revenue $ 1,576,348 $ 602,016 $ 1,359,678 $ 3,538,042 Timing of revenue recognition from products and services Products/services transferred at a point in time $ — $ — $ 318,438 $ 318,438 Products/services transferred over time 1,576,348 602,016 433,538 2,611,902 Total $ 1,576,348 $ 602,016 $ 751,976 $ 2,930,340 Year Ended December 31, 2021 Global Ecommerce Presort Services SendTech Solutions Revenue from products and services Revenue from leasing transactions and financing Total consolidated revenue Revenue from products and services Business services $ 1,702,580 $ 573,480 $ 58,614 $ 2,334,674 $ — $ 2,334,674 Support services — — 460,888 460,888 — 460,888 Financing — — — — 294,418 294,418 Equipment sales — — 91,015 91,015 259,123 350,138 Supplies — — 159,438 159,438 — 159,438 Rentals — — — — 74,005 74,005 Subtotal 1,702,580 573,480 769,955 3,046,015 $ 627,546 $ 3,673,561 Revenue from leasing transactions and financing — — 627,546 627,546 Total revenue $ 1,702,580 $ 573,480 $ 1,397,501 $ 3,673,561 Timing of revenue recognition from products and services Products/services transferred at a point in time $ — $ — $ 318,077 $ 318,077 Products/services transferred over time 1,702,580 573,480 451,878 2,727,938 Total $ 1,702,580 $ 573,480 $ 769,955 $ 3,046,015 Our performance obligations for revenue from products and services are as follows: Business services includes fulfillment, delivery and return services, cross-border solutions, mail processing services and shipping subscription solutions. Revenue for fulfillment, delivery and return services, cross-border solutions and mail processing services is recognized over time using an output method based on the number of parcels or mail pieces either processed or delivered, depending on the service type, since that measure best depicts the value of goods and services transferred to the client over the contract period. Contract terms for these services initially range from one Support services includes providing maintenance, professional and subscription services for our equipment and digital mailing and shipping technology solutions. Contract terms range from one Equipment sales generally includes the sale of mailing and shipping equipment, excluding sales-type leases. We recognize revenue upon delivery for self-install equipment and upon acceptance or installation for other equipment. We provide a warranty that the equipment is free of defects and meets stated specifications. The warranty is not considered a separate performance obligation. Supplies revenue includes revenue from the sale of supplies for our mailing equipment and is recognized upon delivery. Revenue from leasing transactions and financing includes revenue from sales-type and operating leases, finance income, late fees and investment income, gains and losses at the Bank. Advance Billings from Contracts with Customers Balance Sheet Location December 31, 2023 December 31, 2022 Increase/ (decrease) Advance billings, current Advance billings $ 82,124 $ 97,904 $ (15,780) Advance billings, noncurrent Other noncurrent liabilities $ 507 $ 906 $ (399) Advance billings are recorded when cash payments are due in advance of our performance. Revenue is recognized ratably over the contract term. Items in advance billings primarily relate to support services on mailing equipment. Revenue recognized during the twelve months ended December 31, 2023 includes $79 million of advance billings at the beginning of the period. Advance billings, current at both December 31, 2023 and 2022 also includes $7 million from leasing transactions. Future Performance Obligations Future performance obligations primarily include maintenance and subscription services bundled with our leasing contracts. The transaction prices allocated to future performance obligations will be recognized as follows: 2024 2025 2026-2028 Total SendTech Solutions $ 241,205 $ 196,422 $ 256,715 $ 694,342 The table above does not include revenue for performance obligations under contracts with terms less than 12 months or revenue for performance obligations where revenue is recognized based on the amount billable to the customer.

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information Our reportable segments are Global Ecommerce, Presort Services and SendTech Solutions. The principal products and services of each reportable segment are as follows: Global Ecommerce: Includes the revenue and related expenses from domestic parcel services, cross-border solutions and digital delivery services. Presort Services : Includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats and Bound Printed Matter for postal worksharing discounts. SendTech Solutions: Includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Management measures segment profitability and performance using adjusted segment earnings before interest and taxes (EBIT). Adjusted segment EBIT is calculated by deducting from segment revenue the related costs and expenses attributable to the segment. Adjusted segment EBIT excludes interest, taxes, general corporate expenses, restructuring charges, goodwill impairment charges and other items not allocated to a particular business segment. Costs related to shared assets are allocated to the relevant segments. Management believes that adjusted segment EBIT provides investors a useful measure of operating performance and underlying trends of the business. Adjusted segment EBIT may not be indicative of our overall consolidated performance and therefore, should be read in conjunction with our consolidated results of operations. The following tables provide information about our reportable segments and reconciliation of adjusted segment EBIT to net income or loss. Revenue Years Ended December 31, 2023 2022 2021 Global Ecommerce $ 1,355,326 $ 1,576,348 $ 1,702,580 Presort Services 617,599 602,016 573,480 SendTech Solutions 1,293,423 1,359,678 1,397,501 Total revenue $ 3,266,348 $ 3,538,042 $ 3,673,561 Geographic data: United States $ 2,899,502 $ 3,065,211 $ 3,114,905 Outside United States 366,846 472,831 558,656 Total revenue $ 3,266,348 $ 3,538,042 $ 3,673,561 Adjusted Segment EBIT Years Ended December 31, 2023 2022 2021 Global Ecommerce $ (133,733) $ (100,308) $ (98,673) Presort Services 110,912 82,430 79,721 SendTech Solutions 405,347 400,909 429,415 Total adjusted segment EBIT 382,526 383,031 410,463 Reconciling items: Interest, net (163,726) (141,769) (143,945) Unallocated corporate expenses (210,931) (204,251) (207,774) Restructuring charges (61,585) (18,715) (19,003) Goodwill impairment (339,184) — — Gain on sale of assets — 14,372 1,434 Gain on sale of businesses, including transaction costs — 12,205 7,619 Gain (loss) on debt redemption/refinancing 3,064 (4,993) (56,209) Proxy solicitation fees (10,905) — — Foreign currency loss on intercompany loans (5,761) — — Benefit (provision) for income taxes 20,875 (2,940) 10,922 (Loss) income from continuing operations (385,627) 36,940 3,507 Loss from discontinued operations, net of tax — — (4,858) Net (loss) income $ (385,627) $ 36,940 $ (1,351) Depreciation and amortization Years Ended December 31, 2023 2022 2021 Global Ecommerce $ 66,664 $ 78,296 $ 79,128 Presort Services 33,642 28,039 27,243 SendTech Solutions 30,005 29,489 29,950 Total for reportable segments 130,311 135,824 136,321 Corporate 30,119 27,992 26,538 Total depreciation and amortization $ 160,430 $ 163,816 $ 162,859 Capital expenditures Years Ended December 31, 2023 2022 2021 Global Ecommerce $ 34,757 $ 51,430 $ 89,488 Presort Services 11,182 23,363 36,628 SendTech Solutions 38,840 33,364 26,028 Total for reportable segments 84,779 108,157 152,144 Corporate 18,099 16,683 31,898 Total capital expenditures $ 102,878 $ 124,840 $ 184,042 Assets December 31, 2023 2022 2021 Global Ecommerce $ 597,073 $ 996,297 $ 1,032,434 Presort Services 500,757 510,345 479,392 SendTech Solutions 2,054,889 2,023,020 2,013,361 Total for reportable segments 3,152,719 3,529,662 3,525,187 Cash and cash equivalents 601,053 669,981 732,480 Short-term investments 22,166 11,172 14,440 Long-term investments 250,240 259,977 333,052 Other corporate assets 246,007 270,563 353,712 Consolidated assets $ 4,272,185 $ 4,741,355 $ 4,958,871 Identifiable long-lived assets: United States $ 703,484 $ 730,347 $ 658,070 Outside United States 13,685 13,941 14,294 Total $ 717,169 $ 744,288 $ 672,364

Earnings per Share (EPS)

Earnings per Share (EPS)	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Earnings per Share (EPS)	Earnings per Share (EPS) The calculations of basic and diluted earnings per share are presented below. The sum of earnings per share amounts may not equal the totals due to rounding. Years Ended December 31, 2023 2022 2021 Numerator: (Loss) income from continuing operations $ (385,627) $ 36,940 $ 3,507 Loss from discontinued operations, net of tax — — (4,858) Net (loss) income attributable to common stockholders (numerator for EPS) $ (385,627) $ 36,940 $ (1,351) Denominator: Weighted-average shares used in basic EPS 175,640 173,912 173,914 Dilutive effect of common stock equivalents (1) — 3,340 5,191 Weighted-average shares used in diluted EPS 175,640 177,252 179,105 Basic (loss) earnings per share: Continuing operations $ (2.20) $ 0.21 $ 0.02 Discontinued operations — — (0.03) Net (loss) income $ (2.20) $ 0.21 $ (0.01) Diluted (loss) earnings per share: Continuing operations $ (2.20) $ 0.21 $ 0.02 Discontinued operations — — (0.03) Net (loss) income $ (2.20) $ 0.21 $ (0.01) Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive: 9,421 10,234 6,514 (1) Due to the net loss from continuing operations for the year ended December 31, 2023, an additional 4.0 million of common stock equivalents were also excluded from the calculation of diluted earnings per share.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following: December 31, 2023 2022 Raw materials $ 21,201 $ 25,539 Supplies and service parts 25,522 27,573 Finished products 23,330 30,608 Total inventory, net $ 70,053 $ 83,720

Finance Assets and Lessor Opera

Finance Assets and Lessor Operating Leases	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Finance Assets and Lessor Operating Leases	Finance Assets and Lessor Operating Leases Finance Assets All finance receivables are in our SendTech Solutions segment. We segregate our finance receivables into a North America portfolio and International portfolio. Finance receivables consisted of the following: December 31, 2023 December 31, 2022 North America International Total North America International Total Sales-type lease receivables Gross finance receivables $ 987,743 $ 143,466 $ 1,131,209 $ 967,298 $ 158,167 $ 1,125,465 Unguaranteed residual values 38,059 7,211 45,270 38,832 8,798 47,630 Unearned income (253,711) (42,847) (296,558) (239,238) (48,334) (287,572) Allowance for credit losses (13,942) (2,786) (16,728) (14,131) (2,893) (17,024) Net investment in sales-type lease receivables 758,149 105,044 863,193 752,761 115,738 868,499 Loan receivables Loan receivables 342,062 17,865 359,927 311,887 16,636 328,523 Allowance for credit losses (6,346) (153) (6,499) (4,787) (139) (4,926) Net investment in loan receivables 335,716 17,712 353,428 307,100 16,497 323,597 Net investment in finance receivables $ 1,093,865 $ 122,756 $ 1,216,621 $ 1,059,861 $ 132,235 $ 1,192,096 Maturities of finance receivables at December 31, 2023 were as follows: Sales-type Lease Receivables Loan Receivables North America International Total North America International Total 2024 $ 367,413 $ 58,142 $ 425,555 $ 254,964 $ 17,865 $ 272,829 2025 277,861 40,631 318,492 35,099 — 35,099 2026 192,750 25,379 218,129 25,818 — 25,818 2027 110,336 13,623 123,959 18,114 — 18,114 2028 38,034 4,809 42,843 6,438 — 6,438 Thereafter 1,349 882 2,231 1,629 — 1,629 Total $ 987,743 $ 143,466 $ 1,131,209 $ 342,062 $ 17,865 $ 359,927 Allowance for Credit Losses Activity in the allowance for credit losses on finance receivables was as follows: Allowance for Credit Losses Sales-type Lease Receivables Loan Receivables North International North International Total Balance at December 31, 2020 $ 22,917 $ 6,006 $ 6,484 $ 462 $ 35,869 Amounts charged to expense 648 (1,788) (426) 19 (1,547) Write-offs (7,120) (846) (6,045) (302) (14,313) Recoveries 3,097 173 3,245 3 6,518 Other 4 (299) 1 (15) (309) Balance at December 31, 2021 19,546 3,246 3,259 167 26,218 Amounts charged to expense (2,476) 712 3,992 288 2,516 Write-offs (6,043) (791) (4,903) (295) (12,032) Recoveries 3,184 39 2,447 1 5,671 Other (80) (313) (8) (22) (423) Balance at December 31, 2022 14,131 2,893 4,787 139 21,950 Amounts charged to expense 2,096 1,178 4,847 389 8,510 Write-offs (4,757) (1,448) (5,182) (391) (11,778) Recoveries 2,454 181 1,893 — 4,528 Other 18 (18) 1 16 17 Balance at December 31, 2023 $ 13,942 $ 2,786 $ 6,346 $ 153 $ 23,227 The table below shows write-offs of gross finance receivables by year of origination. December 31, 2023 Sales Type Lease Receivables Loan Receivables Total 2023 2022 2021 2020 2019 Prior Write-offs $ 883 $ 1,680 $ 1,551 $ 1,079 $ 619 $ 393 $ 5,573 $ 11,778 Aging of Receivables The aging of gross finance receivables was as follows: December 31, 2023 Sales-type Lease Receivables Loan Receivables North International North International Total Past due amounts 0 - 90 days $ 977,744 $ 140,857 $ 339,789 $ 17,664 $ 1,476,054 Past due amounts > 90 days 9,999 2,609 2,273 201 15,082 Total $ 987,743 $ 143,466 $ 342,062 $ 17,865 $ 1,491,136 December 31, 2022 Sales-type Lease Receivables Loan Receivables North International North International Total Past due amounts 0 - 90 days $ 959,203 $ 155,596 $ 308,872 $ 16,503 $ 1,440,174 Past due amounts > 90 days 8,095 2,571 3,015 133 13,814 Total $ 967,298 $ 158,167 $ 311,887 $ 16,636 $ 1,453,988 Credit Quality The extension of credit and management of credit lines to new and existing clients uses a combination of a client's credit score, where available, a detailed manual review of their financial condition and payment history or an automated process. Once credit is granted, the payment performance of the client is managed through automated collections processes and is supplemented with direct follow up should an account become delinquent. We have robust automated collections and extensive portfolio management processes to ensure that our global strategy is executed, collection resources are allocated and enhanced tools and processes are implemented as needed. Over 85% of our finance receivables are within our North American portfolio. We use a third party to score the majority of this portfolio on a quarterly basis using a proprietary credit score. The relative scores are determined based on a number of factors, including financial information, payment history, company type and ownership structure. We stratify the credit scores of our clients into low, medium and high-risk accounts. Due to timing and other issues, our entire portfolio may not be scored at period end. We report these amounts as "Not Scored"; however, absence of a score is not indicative of the credit quality of the account. The credit score is used to predict client payment behaviors and the probability that an account will become greater than 90 days past due during the subsequent 12-month period. • Low risk accounts are companies with very good credit scores and a predicted delinquency rate of less than 5%. • Medium risk accounts are companies with average to good credit scores and a predicted delinquency rate between 5% and 10%. • High risk accounts are companies with poor credit scores, are delinquent or are at risk of becoming delinquent. The predicted delinquency rate would be greater than 10%. We do not use a third party to score our International portfolio because the cost to do so is prohibitive as there is no single credit score model that covers all countries. Accordingly, the entire International portfolio is reported in the Not Scored category. This portfolio comprises less than 15% of total finance receivables. Most of the International credit applications are small dollar applications (i.e. below $50 thousand) and are subjected to an automated review process. Larger credit applications are manually reviewed, which includes obtaining client financial information, credit reports and other available information. The table below shows gross finance receivables by relative risk class and year of origination based on the relative scores of the accounts within each class as of December 31, 2023 and 2022. Sales Type Lease Receivables Loan Receivables Total 2023 2022 2021 2020 2019 Prior Low $ 261,583 $ 222,947 $ 155,193 $ 96,986 $ 46,635 $ 27,164 $ 264,232 $ 1,074,740 Medium 46,208 35,891 24,483 16,027 10,503 8,041 62,910 204,063 High 4,455 4,217 2,554 1,853 740 862 7,487 22,168 Not Scored 59,335 49,839 33,494 15,944 5,089 1,166 25,298 190,165 Total $ 371,581 $ 312,894 $ 215,724 $ 130,810 $ 62,967 $ 37,233 $ 359,927 $ 1,491,136 Sales Type Lease Receivables Loan Receivables Total 2022 2021 2020 2019 2018 Prior Low $ 286,297 $ 206,511 $ 140,800 $ 95,485 $ 34,721 $ 12,674 $ 239,635 $ 1,016,123 Medium 53,419 40,669 27,013 19,668 6,751 3,441 56,048 207,009 High 6,492 3,840 3,119 1,942 750 508 6,800 23,451 Not Scored 71,435 53,831 29,957 19,232 5,889 1,021 26,040 207,405 Total $ 417,643 $ 304,851 $ 200,889 $ 136,327 $ 48,111 $ 17,644 $ 328,523 $ 1,453,988 Lease Income Lease income from sales-type leases, excluding variable lease payments, was as follows: Years Ended December 31, 2023 2022 2021 Profit recognized at commencement $ 120,011 $ 134,717 $ 127,469 Interest income 154,998 163,485 186,532 Total lease income from sales-type leases $ 275,009 $ 298,202 $ 314,001 Lessor Operating Leases We also lease mailing equipment under operating leases with terms of one 2024 $ 20,627 2025 19,939 2026 15,827 2027 4,573 2028 2,153 Total $ 63,119

Fixed Assets

Fixed Assets	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Fixed Assets	Fixed Assets Fixed assets consisted of the following: December 31, 2023 2022 Machinery and equipment $ 669,122 $ 673,898 Capitalized software 569,525 516,816 Leasehold improvements 131,786 127,357 1,370,433 1,318,071 Accumulated depreciation (986,805) (897,399) Property, plant and equipment, net $ 383,628 $ 420,672 Rental property and equipment $ 76,719 $ 111,188 Accumulated depreciation (53,136) (83,701) Rental property and equipment, net $ 23,583 $ 27,487

Intangible Assets and Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	Intangible Assets and Goodwill Intangible Assets Intangible assets consisted of the following: December 31, 2023 December 31, 2022 Gross Accumulated Net Gross Accumulated Net Customer relationships $ 155,712 $ (95,409) $ 60,303 $ 155,715 $ (80,188) $ 75,527 Software & technology 3,047 (1,100) 1,947 22,000 (19,583) 2,417 Total intangible assets, net $ 158,759 $ (96,509) $ 62,250 $ 177,715 $ (99,771) $ 77,944 Amortization expense was $16 million, $24 million and $30 million for the years ended December 31, 2023, 2022 and 2021, respectively. Future amortization expense for intangible assets at December 31, 2023 is as follows: 2024 $ 15,731 2025 15,527 2026 14,538 2027 11,481 2028 2,438 Thereafter 2,535 Total $ 62,250 Actual amortization expense may differ from the amounts above due to, among other things, fluctuations in foreign currency exchange rates, acquisitions, divestitures and impairment charges. Goodwill The performance of our Global Ecommerce reporting unit, continuing changes in macroeconomic conditions and our long-term outlook for this business were triggering events that caused us to evaluate the Global Ecommerce goodwill for impairment during the second and fourth quarters. To assess Global Ecommerce goodwill for impairment, we determined the fair value of the reporting unit and compared it to the unit's carrying value, including goodwill. We engaged a third party to assist in the determination of the fair value of the reporting unit. The fair value was estimated using a discounted cash flow model based on management developed cash flow projections, which included judgements and assumptions related to revenue growth rates, operating margins, operating income, and a discount rate. The estimates and assumptions are considered Level 3 inputs under the fair value hierarchy. Our assessments indicated that the estimated fair value of the reporting unit was less than its carrying value and recorded non-cash, pre-tax goodwill impairment charges in the second and fourth quarters of 2023 of $119 million and $220 million, respectively. The results of our annual impairment test as of the beginning of the fourth quarter for our other reporting units indicated that no impairment existed. Changes in the carrying amount of goodwill by reporting segment are shown in the tables below. Goodwill before accumulated impairment Accumulated impairment December 31, 2022 Impairment FX Impact December 31, 2023 Global Ecommerce $ 537,353 $ (198,169) $ 339,184 $ (339,184) $ — $ — Presort Services 223,763 — 223,763 — — 223,763 SendTech Solutions 504,004 — 504,004 — 6,642 510,646 Total goodwill $ 1,265,120 $ (198,169) $ 1,066,951 $ (339,184) $ 6,642 $ 734,409 Goodwill before accumulated impairment Accumulated impairment December 31, 2021 Acquisitions/(dispositions) FX Impact December 31, 2022 Global Ecommerce $ 593,231 $ (198,169) $ 395,062 $ (55,878) $ — $ 339,184 Presort Services 220,992 — 220,992 2,771 — 223,763 SendTech Solutions 519,049 — 519,049 — (15,045) 504,004 Total goodwill $ 1,333,272 $ (198,169) $ 1,135,103 $ (53,107) $ (15,045) $ 1,066,951

Fair Value Measurements and Der

Fair Value Measurements and Derivative Instruments	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements and Derivative Instruments	Fair Value Measurements and Derivative Instruments We measure certain financial assets and liabilities at fair value on a recurring basis. Fair value is a market-based measure considered from the perspective of a market participant rather than an entity-specific measure. An entity is required to classify certain assets and liabilities measured at fair value based on the following fair value hierarchy that prioritizes the inputs used to measure fair value: Level 1 – Unadjusted quoted prices in active markets for identical assets and liabilities. Level 2 – Quoted prices for identical assets and liabilities in markets that are not active, quoted prices for similar assets and liabilities in active markets or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Unobservable inputs that are supported by little or no market activity, may be derived from internally developed methodologies based on management's best estimate of fair value and that are significant to the fair value of the asset or liability. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Our assessment of the significance of a particular input to the fair value measurement requires judgment and may affect its placement within the fair value hierarchy. The following tables show, by level within the fair value hierarchy, our financial assets and liabilities that are accounted for at fair value on a recurring basis. December 31, 2023 Level 1 Level 2 Level 3 Total Assets: Investment securities Money market funds $ 13,366 $ 188,484 $ — $ 201,850 Equity securities — 15,341 — 15,341 Commingled fixed income securities 1,581 5,741 — 7,322 Government and related securities 11,489 18,999 — 30,488 Corporate debt securities — 54,330 — 54,330 Mortgage-backed / asset-backed securities — 119,901 — 119,901 Derivatives Interest rate swaps — 8,425 — 8,425 Total assets $ 26,436 $ 411,221 $ — $ 437,657 December 31, 2022 Level 1 Level 2 Level 3 Total Assets: Investment securities Money market funds $ 29,087 $ 238,536 $ — $ 267,623 Equity securities — 13,233 — 13,233 Commingled fixed income securities 1,520 6,526 — 8,046 Government and related securities 10,253 18,796 — 29,049 Corporate debt securities — 52,319 — 52,319 Mortgage-backed / asset-backed securities — 126,882 — 126,882 Derivatives Interest rate swap — 15,283 — 15,283 Foreign exchange contracts — 479 — 479 Total assets $ 40,860 $ 472,054 $ — $ 512,914 Liabilities: Derivatives Foreign exchange contracts $ — $ (1,472) $ — $ (1,472) Total liabilities $ — $ (1,472) $ — $ (1,472) Investment Securities The valuation of investment securities is based on a market approach using inputs that are observable, or can be corroborated by observable data, in an active marketplace. The following information relates to our classification within the fair value hierarchy: • Money Market Funds: Money market funds typically invest in government securities, certificates of deposit, commercial paper and other highly liquid, low risk securities. Money market funds are principally used for overnight deposits and are classified as Level 1 when unadjusted quoted prices in active markets are available and as Level 2 when they are not actively traded on an exchange. • Equity Securities: Equity securities are comprised of mutual funds investing in U.S. and foreign stocks. These mutual funds are classified as Level 2. • Commingled Fixed Income Securities: Commingled fixed income securities are comprised of mutual funds that invest in a variety of fixed income securities, including securities of the U.S. government and its agencies, corporate debt, mortgage-backed securities and asset-backed securities. Fair value is based on the value of the underlying investments owned by each fund, minus its liabilities, divided by the number of shares outstanding, as reported by the fund manager. These mutual funds are classified as Level 1 when unadjusted quoted prices in active markets are available and as Level 2 when they are not actively traded on an exchange. • Government and Related Securities: Debt securities are classified as Level 1 when unadjusted quoted prices in active markets are available. Debt securities are classified as Level 2 where fair value is determined using quoted market prices for similar securities or benchmarking model derived prices to quoted market prices and trade data for identical or comparable securities. • Corporate Debt Securities: Corporate debt securities are valued using recently executed comparable transactions, market price quotations or bond spreads for the same maturity as the security. These securities are classified as Level 2. • Mortgage-Backed Securities / Asset-Backed Securities: These securities are valued based on external pricing indices or on external price/spread data. These securities are classified as Level 2. Derivative Securities • Foreign Exchange Contracts: The valuation of foreign exchange derivatives is based on a market approach using observable market inputs, such as foreign currency spot and forward rates and yield curves. These securities are classified as Level 2. • Interest Rate Swaps: The valuation of interest rate swaps is based on an income approach using inputs that are observable or that can be derived from, or corroborated by, observable market data. These securities are classified as Level 2. Available-For-Sale Securities Available-for-sale securities consisted of the following: December 31, 2023 Amortized cost Gross unrealized losses Estimated fair value Government and related securities $ 35,048 $ (7,018) $ 28,030 Corporate debt securities 65,008 (10,678) 54,330 Commingled fixed income securities 1,788 (207) 1,581 Mortgage-backed / asset-backed securities 146,022 (26,121) 119,901 Total $ 247,866 $ (44,024) $ 203,842 December 31, 2022 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Government and related securities $ 35,744 $ 11 $ (8,210) $ 27,545 Corporate debt securities 66,300 — (13,981) 52,319 Commingled fixed income securities 1,749 — (229) 1,520 Mortgage-backed / asset-backed securities 156,352 — (29,470) 126,882 Total $ 260,145 $ 11 $ (51,890) $ 208,266 Investment securities in a loss position were as follows: December 31, 2023 December 31, 2022 Fair Value Gross unrealized losses Fair Value Gross unrealized losses Greater than 12 continuous months Government and related securities $ 28,030 $ 7,018 $ 17,063 $ 2,753 Corporate debt securities 51,948 10,466 48,812 13,749 Mortgage-backed / asset-backed securities 119,901 26,121 114,839 28,040 Total $ 199,879 $ 43,605 $ 180,714 $ 44,542 Less than 12 continuous months Government and related securities $ — $ — $ 10,061 $ 5,457 Corporate debt securities 2,382 212 3,508 232 Commingled fixed income securities 1,581 207 1,520 229 Mortgage-backed / asset-backed securities — — 12,042 1,430 Total $ 3,963 $ 419 $ 27,131 $ 7,348 At December 31, 2023, all securities in the investment portfolio were in a loss position. However, no impairment loss has been recognized as we have the ability and intent to hold these securities until recovery of the unrealized losses or expect to receive the stated principal and interest at maturity. At December 31, 2023, scheduled maturities of available-for-sale securities were as follows: Amortized cost Estimated fair value Within 1 year $ 2,594 $ 2,382 After 1 year through 5 years 15,103 14,029 After 5 years through 10 years 70,702 60,099 After 10 years 159,467 127,332 Total $ 247,866 $ 203,842 The actual maturities may not coincide with scheduled maturities as certain securities contain early redemption features and/or allow for the prepayment of obligations with or without penalty. Held-to-Maturity Securities Held-to-maturity securities at December 31, 2023 and 2022 totaled $265 million and $22 million, respectively. Held-to-maturity securities include certificates of deposits with maturities less than 90 days and highly-liquid government securities with maturities less than two years. Derivative Instruments Foreign Exchange Contracts We may enter into foreign exchange contracts to mitigate the currency risk associated with anticipated inventory purchases between affiliates and from third parties. These contracts are designated as cash flow hedges. The effective portion of the gain or loss on cash flow hedges is included in AOCL in the period that the change in fair value occurs and is reclassified to earnings in the period that the hedged item is recorded in earnings. No amount of ineffectiveness was recorded in earnings for these designated cash flow hedges. There were no outstanding contracts associated with these anticipated transactions at December 31, 2023. At December 31, 2022, outstanding contracts associated with these anticipated transactions had a notional value of $1 million. Interest Rate Swaps We enter into interest rate swaps to manage the cost of our variable rate debt. At December 31, 2023, we had outstanding interest rate swaps that effectively convert $200 million of our variable rate debt to fixed rates. These swaps are designated as cash flow hedges. The fair value of the interest rate swaps is recorded as a derivative asset or liability at the end of each reporting period with the change in fair value reflected in AOCL. The fair value of our derivative instruments was as follows: December 31, Designation of Derivatives Balance Sheet Location 2023 2022 Derivatives designated as hedging instruments Foreign exchange contracts Other current assets and prepayments $ — $ 15 Accounts payable and accrued liabilities — (23) Interest rate swaps Other current assets and prepayments 8,425 — Other assets — 15,283 Derivatives not designated as hedging instruments Foreign exchange contracts Other current assets and prepayments — 464 Accounts payable and accrued liabilities — (1,449) Total derivative assets 8,425 15,762 Total derivative liabilities — (1,472) Total net derivative asset $ 8,425 $ 14,290 The following represents the results of cash flow hedging relationships: Years Ended December 31, Derivative Gain (Loss) Location of Gain (Loss) Gain (Loss) Reclassified Derivative Instrument 2023 2022 2023 2022 Foreign exchange contracts $ (25) $ 159 Cost of sales $ (33) $ 178 Interest rate swaps (6,858) 12,180 Interest expense 9,708 549 $ (6,883) $ 12,339 $ 9,675 $ 727 Non-designated derivative instruments We have a number of short-term interest-bearing intercompany loans denominated in a foreign currency. The revaluation of these intercompany loans is recorded in earnings. Historically, we entered into foreign exchange contracts to minimize the impact on earnings from the revaluation of these intercompany loans. In the fourth quarter of 2023, management decided to no longer use foreign exchange contracts to hedge the revaluation of these intercompany loans. The following represents the mark-to-market adjustment on our non-designated derivative instruments: Years Ended December 31, Derivative Gain (Loss) Derivatives Instrument Location of Derivative Gain (Loss) 2023 2022 Foreign exchange contracts Selling, general and administrative expense $ 3,551 $ (28,228) Fair Value of Financial Instruments Our financial instruments include cash and cash equivalents, investment securities, accounts receivable, loan receivables, derivative instruments, accounts payable and debt. The carrying value of cash and cash equivalents, accounts receivable, loans receivable, held-to-maturity investment securities and accounts payable approximate fair value. The fair value of available-for-sale investment securities and derivative instruments are presented above. The fair value of our debt is estimated based on recently executed transactions and market price quotations. The inputs used to determine the fair value of our debt were classified as Level 2 in the fair value hierarchy. The carrying value and estimated fair value of our debt was as follows: December 31, 2023 2022 Carrying value $ 2,146,032 $ 2,205,266 Fair value $ 1,893,620 $ 1,856,878

Supplemental Financial Statemen

Supplemental Financial Statement Information	12 Months Ended
	Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]
Supplemental Financial Statement Information	Supplemental Financial Statement Information Selected balance sheet information is as follows: December 31, 2023 2022 Other assets: Long-term investments $ 250,240 $ 259,977 Other 102,120 120,442 Total $ 352,360 $ 380,419 Accounts payable and accrued liabilities: Accounts payable $ 282,425 $ 315,351 Customer deposits 213,315 209,662 Employee related liabilities 240,159 216,273 Other 139,577 165,797 Total $ 875,476 $ 907,083 Other noncurrent liabilities: Pension liabilities $ 98,784 $ 74,681 Postretirement medical benefits 83,222 87,745 Customer deposits 83,995 10,757 Other 48,701 54,546 Total $ 314,702 $ 227,729 Activity in the allowance for credit losses on accounts receivable is presented below. Years Ended December 31, 2023 2022 2021 Balance at beginning of year $ 5,864 $ 29,179 $ 35,344 Amounts charged to expense 8,177 6,421 9,355 Write-offs, recoveries and other (7,902) (29,736) (15,520) Balance at end of period $ 6,139 $ 5,864 $ 29,179 Accounts and other receivables $ 6,139 $ 5,344 $ 11,168 Other assets — 520 18,011 Total $ 6,139 $ 5,864 $ 29,179 Acquisitions/Divestitures In 2022, we sold Borderfree for proceeds of $95 million, net of cash transferred, and received additional proceeds of $7 million related to the 2021 sale of Tacit, a U.K. based software consultancy business. In 2021, we received net proceeds of $28 million from the sale of Tacit and acquired CrescoData for $15 million. Other (income) expense consisted of the following: Years Ended December 31, 2023 2022 2021 (Gain) loss on redemption/refinancing of debt $ (3,064) $ 4,993 $ 56,209 Insurance proceeds — — (3,000) Gain on sale of assets — (14,372) (1,434) Gain on sale of businesses, including transaction costs — (12,239) (10,201) Other (income) expense $ (3,064) $ (21,618) $ 41,574 Supplemental cash flow information is as follows: Years Ended December 31, 2023 2022 2021 Purchases of property and equipment in accounts payable $ 4,764 $ 5,213 $ 5,305 Cash interest paid $ 164,046 $ 134,247 $ 124,084 Cash income tax payments, net of refunds $ 22,626 $ 14,553 $ 4,337 Other, net within cash flows from operating activities includes $14 million and $11 million of losses from the disposal of fixed assets for the years ended December 31, 2023 and 2022, respectively.

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2023
Restructuring and Related Activities [Abstract]
Restructuring Charges	Restructuring Charges In May 2023, we approved a worldwide restructuring plan (the 2023 Plan) designed to improve profitability and cash flow. This will be achieved through the elimination of 850-950 positions worldwide in part through further centralization and standardization of processes, including the expansion of our shared services activities, increased automation, and the consolidation or closure of select facilities in North America. Total charges are expected to be $60 million-$70 million and we expect to substantially complete these actions by the end of the first half of 2024. Activity in our restructuring reserves was as follows: 2023 Plan Prior Plan Total Balance at December 31, 2021 $ — $ 5,747 $ 5,747 Amounts charged to expense — 18,715 18,715 Cash payments — (15,406) (15,406) Noncash activity — (1,409) (1,409) Balance at December 31, 2022 — 7,647 7,647 Amounts charged to expense 57,986 3,599 61,585 Cash payments (23,197) (11,246) (34,443) Noncash activity (8,661) — (8,661) Balance at December 31, 2023 $ 26,128 $ — $ 26,128 Components of restructuring expense were as follows: Year Ended December 31, 2023 Year Ended December 31, 2022 2023 Plan Prior Plan Total Prior Plan Severance $ 49,325 $ 3,057 $ 52,382 $ 14,750 Facilities and other 8,661 542 9,203 3,965 Total $ 57,986 $ 3,599 $ 61,585 $ 18,715

Debt

Debt	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Debt	Debt December 31, Interest rate 2023 2022 Notes due March 2024 4.625% — 236,749 Term loan due March 2026 SOFR + 2.25% 285,500 351,500 Notes due March 2027 6.875% 380,000 396,750 Notes due March 2028 SOFR + 6.9% 274,313 — Term loan due March 2028 SOFR + 4.0% 437,625 442,125 Notes due March 2029 7.25% 350,000 350,000 Notes due January 2037 5.25% 35,841 35,841 Notes due March 2043 6.70% 425,000 425,000 Other debt 1,181 2,446 Principal amount 2,189,460 2,240,411 Less: unamortized costs, net 43,428 35,145 Total debt 2,146,032 2,205,266 Less: current portion long-term debt 58,931 32,764 Long-term debt $ 2,087,101 $ 2,172,502 During 2023, we issued an aggregate $275 million of senior secured notes that mature in March 2028 (the March 2028 Notes). The March 2028 Notes bear interest of SOFR plus 6.9%, payable quarterly and were issued with original issue discount of 3%. The net proceeds were used to redeem the March 2024 notes and repay $30 million of the term loan due March 2026. We also repurchased an aggregate $39 million of the March 2024 notes and March 2027 notes at a gain of $3 million and made scheduled term loan principal repayments of $42 million. At December 31, 2023, the interest rate on the term loan due 2026 was 7.7%, the interest rate on the term loan due 2028 was 9.5% and the interest rate on the March 2028 notes was 12.2%. The credit agreement that governs our $500 million secured revolving credit facility and the term loan due March 2026 contains certain financial covenants. These covenants require us to maintain, on a quarterly basis, a maximum leverage ratio and a minimum interest coverage ratio, both of which are defined and calculated in accordance with the credit agreement. The maximum leverage ratio decreases from 4.25x to 4.0x as of June 30, 2024 and the minimum interest coverage ratio increases from 1.75x to 2.0x as of March 31, 2025. At December 31, 2023, we were in compliance with these financial covenants. Additionally, management expects that we will remain in compliance with these financial covenants over the next twelve months. However, events and circumstances could occur, some beyond our control, that could adversely impact our compliance with these covenants and require us to obtain a waiver from our lenders, modify our existing covenants or refinance certain debt to cure the noncompliance. If we are unable to cure the noncompliance, amounts due under our revolving credit facility and term loan due March 2026 could be called by our lenders. At December 31, 2023, there were no outstanding borrowings under the revolving credit facility. Borrowings under our secured debt are secured by assets of the company. We have outstanding interest rate swaps that effectively convert $200 million of our variable rate debt to fixed rates. In January 2023, the reference rate of the interest rate swaps was amended to align with the secured revolving credit facility. Under the terms of the interest rate swaps, we pay fixed-rate interest of 0.585% and receive variable-rate interest based on one-month SOFR plus 0.1%. The variable interest rates under the term loans and the swaps reset monthly. The PB Bank (the Bank), a wholly owned subsidiary, is a member of the Federal Home Loan Bank (FHLB) of Des Moines and has access to certain credit products as a funding source known as "advances." As of December 31, 2023, there were no outstanding advances. Annual maturities of outstanding principal at December 31, 2023 are as follows: 2024 $ 58,931 2025 53,250 2026 196,250 2027 387,250 2028 682,938 Thereafter 810,841 Total $ 2,189,460

Retirement Plans and Postretire

Retirement Plans and Postretirement Medical Benefits	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Retirement Plans and Postretirement Medical Benefits	Retirement Plans and Postretirement Medical Benefits Retirement Plans We provide retirement benefits to eligible employees in the U.S. and outside the U.S. under various defined benefit retirement plans. Benefit accruals under most of our defined benefit plans have been frozen. The benefit obligations and funded status of defined benefit pension plans are as follows: United States Foreign 2023 2022 2023 2022 Accumulated benefit obligation $ 1,205,108 $ 1,205,135 $ 488,531 $ 447,401 Projected benefit obligation Benefit obligation - beginning of year $ 1,205,183 $ 1,609,508 $ 451,337 $ 770,468 Service cost 44 55 766 1,214 Interest cost 63,533 44,348 21,238 13,568 Net actuarial loss (gain) 36,882 (349,261) 22,984 (242,488) Foreign currency changes — — 19,854 (68,519) Settlements (2,892) (1,574) (213) — Benefits paid (97,610) (97,893) (23,199) (22,906) Benefit obligation - end of year $ 1,205,140 $ 1,205,183 $ 492,767 $ 451,337 Fair value of plan assets Fair value of plan assets - beginning of year $ 1,161,361 $ 1,549,157 $ 438,403 $ 737,443 Actual return on plan assets 86,044 (293,968) 17,057 (218,325) Company contributions 6,587 5,639 16,034 8,731 Settlements (2,892) (1,574) (213) — Foreign currency changes — — 18,605 (66,540) Benefits paid (97,610) (97,893) (23,199) (22,906) Fair value of plan assets - end of year $ 1,153,490 $ 1,161,361 $ 466,687 $ 438,403 Amounts recognized in the Consolidated Balance Sheets Noncurrent asset $ — $ — $ 27,805 $ 26,570 Current liability (5,057) (7,294) (1,694) (1,351) Noncurrent liability (46,593) (36,528) (52,191) (38,153) Funded status $ (51,650) $ (43,822) $ (26,080) $ (12,934) Information provided in the table below is only for pension plans with an accumulated benefit obligation in excess of plan assets: United States Foreign 2023 2022 2023 2022 Projected benefit obligation $ 1,205,141 $ 1,205,183 $ 396,690 $ 38,238 Accumulated benefit obligation $ 1,205,108 $ 1,205,135 $ 392,586 $ 37,972 Fair value of plan assets $ 1,153,490 $ 1,161,361 $ 342,805 $ — Pretax amounts recognized in AOCI consist of: United States Foreign 2023 2022 2023 2022 Net actuarial loss $ 717,530 $ 698,815 $ 331,536 $ 297,753 Prior service (credit) cost (85) (105) 7,266 7,552 Transition asset — — (7) (7) Total $ 717,445 $ 698,710 $ 338,795 $ 305,298 The components of net periodic benefit (income) cost for defined benefit pension plans were as follows: United States Foreign 2023 2022 2021 2023 2022 2021 Service cost $ 44 $ 55 $ 102 $ 766 $ 1,214 $ 1,528 Interest cost 63,533 44,348 42,434 21,238 13,568 11,811 Expected return on plan assets (86,008) (71,080) (77,119) (29,899) (26,770) (31,869) Amortization of prior service (credit) cost (20) (44) (60) 286 252 268 Amortization of net actuarial loss 17,362 33,164 38,233 2,068 6,767 9,350 Settlements 771 394 551 (25) — — Net periodic benefit (income) cost $ (4,318) $ 6,837 $ 4,141 $ (5,566) $ (4,969) $ (8,912) Other changes in plan assets and benefit obligations for defined benefit pension plans recognized in other comprehensive income were as follows: United States Foreign 2023 2022 2023 2022 Net actuarial loss $ 36,846 $ 15,788 $ 35,826 $ 2,607 Amortization of net actuarial loss (17,362) (33,164) (2,068) (6,767) Amortization of prior service credit (cost) 20 44 (286) (252) Settlements (771) (394) 25 — Total recognized in other comprehensive income $ 18,733 $ (17,726) $ 33,497 $ (4,412) Weighted-average actuarial assumptions used to determine year end benefit obligations and net periodic benefit cost for defined benefit pension plans include: 2023 2022 2021 United States Used to determine benefit obligations Discount rate 5.15% 5.55% 2.85% Rate of compensation increase N/A N/A N/A Used to determine net periodic benefit cost Discount rate 5.55% 2.85% 2.54% Expected return on plan assets 6.50% 5.10% 5.60% Rate of compensation increase N/A N/A N/A Foreign Used to determine benefit obligations Discount rate 1.95 % - 4.60% 1.95 % - 5.10% 0.85 % - 2.85% Rate of compensation increase 2.00 % - 3.50% 2.00 % - 3.00% 1.50 % - 3.65% Used to determine net periodic benefit cost Discount rate 1.95 % - 5.10% 0.85 % - 2.85% 0.70 % - 2.40% Expected return on plan assets 2.75 % - 5.26% 3.75 % - 5.75% 3.50 % - 5.75% Rate of compensation increase 2.00 % - 3.60% 1.50 % - 2.50% 1.50 % - 2.50% A discount rate is used to determine the present value of our future benefit obligations. The discount rate for our U.S. pension plans is determined by matching the expected cash flows associated with our benefit obligations to a pool of corporate long-term, high-quality fixed income debt instruments available as of the measurement date. The discount rate for our largest foreign plan, the U.K. Qualified Pension Plan (the U.K. Plan), is determined using a model that discounts each year's estimated benefit payments by an applicable spot rate derived from a yield curve created from a large number of high quality corporate bonds. For our other smaller foreign pension plans, the discount rate is selected based on high-quality fixed income indices available in the country in which the plan is domiciled. The expected return on plan assets is based on the target asset allocation for the applicable pension plan and expected rates of return for various asset classes in the investment portfolio after analyzing historical experience, future expectations of returns and volatility of asset classes. Investment Strategy and Asset Allocation The investment strategy for our pension plans is to maximize returns within reasonable and prudent risk levels, achieve and maintain full funding of the accumulated benefit obligation and the actuarial liabilities and earn the expected rate of return while adhering to regulations and restrictions. Pension plan assets are invested in accordance with our strategic asset allocation policy. Pension plan assets are exposed to various risks, including interest rate risks, market risks and credit risks. Investments are diversified across asset classes and within each class to reduce the risk of large losses and are periodically rebalanced. Derivatives, such as swaps, options, forwards and futures contracts may be used for market exposure, to alter risk/return characteristics and to manage foreign currency exposure. We do not have any significant concentrations of credit risk within the plan assets. U.S. Pension Plans Investment objectives and investment managers are reviewed periodically. Target and actual asset allocations for the U.S. pension plans were as follows: Target allocation Percent of Plan Assets at December 31, 2024 2023 2022 Asset category Equities 16 % 15 % 15 % Multi-asset credit 2 % 2 % 2 % Fixed income 76 % 76 % 74 % Real estate 5 % 6 % 8 % Private equity 1 % 1 % 1 % Total 100 % 100 % 100 % Foreign Pension Plans Our foreign pension plan assets are managed by outside investment managers and monitored regularly by local trustees and our corporate personnel. Target and actual asset allocations for the U.K. Plan, which comprises 74% of the total foreign pension plan assets, were as follows: Target Allocation Percent of Plan Assets at December 31, 2024 2023 2022 Asset category Global equities 10 % 8 % 8 % Fixed income 70 % 69 % 70 % Multi-asset credit 10 % 8 % — % Real estate 10 % 13 % 13 % Diversified growth — % — % 8 % Cash — % 2 % 1 % Total 100 % 100 % 100 % Fair Value Measurements of Plan Assets The following tables show the U.S. and foreign pension plans' assets, by level within the fair value hierarchy. The plan asset categories presented in the following tables are subsets of the broader asset allocation categories. United States Pension Plans December 31, 2023 Level 1 Level 2 Level 3 Total Money market funds $ — $ 13,842 $ — $ 13,842 Equity securities — 102,795 — 102,795 Commingled fixed income securities — 220,041 — 220,041 Government and related securities 170,540 28,518 — 199,058 Corporate debt securities — 545,615 — 545,615 Mortgage-backed /asset-backed securities — 49,300 — 49,300 Real estate — — 67,256 67,256 Securities lending collateral — 104,630 — 104,630 Total plan assets at fair value $ 170,540 $ 1,064,741 $ 67,256 $ 1,302,537 Securities lending payable (104,630) Investments valued at NAV 5,615 Cash 1,240 Other (51,272) Fair value of plan assets $ 1,153,490 December 31, 2022 Level 1 Level 2 Level 3 Total Money market funds $ — $ 10,623 $ — $ 10,623 Equity securities — 137,505 — 137,505 Commingled fixed income securities — 220,281 — 220,281 Government and related securities 114,084 21,479 — 135,563 Corporate debt securities — 527,407 — 527,407 Mortgage-backed /asset-backed securities — 26,450 — 26,450 Real estate — — 91,500 91,500 Securities lending collateral — 113,802 — 113,802 Total plan assets at fair value $ 114,084 $ 1,057,547 $ 91,500 $ 1,263,131 Securities lending payable (113,802) Investments valued at NAV 10,416 Cash 3,525 Other (1,909) Fair value of plan assets $ 1,161,361 Foreign Plans December 31, 2023 Level 1 Level 2 Level 3 Total Money market funds $ — $ 5,997 $ — $ 5,997 Equity securities — 44,088 — 44,088 Commingled fixed income securities — 295,105 — 295,105 Government and related securities — 38,028 — 38,028 Corporate debt securities — 28,389 — 28,389 Real estate — 4,869 43,205 48,074 Diversified growth funds — — — — Total plan assets at fair value $ — $ 416,476 $ 43,205 $ 459,681 Cash 6,501 Other 505 Fair value of plan assets $ 466,687 December 31, 2022 Level 1 Level 2 Level 3 Total Money market funds $ — $ 8,338 $ — $ 8,338 Equity securities — 42,717 — 42,717 Commingled fixed income securities — 247,337 — 247,337 Government and related securities — 35,887 — 35,887 Corporate debt securities — 26,336 — 26,336 Real estate — 4,446 42,980 47,426 Diversified growth funds — — 24,394 24,394 Total plan assets at fair value $ — $ 365,061 $ 67,374 $ 432,435 Cash 5,485 Other 483 Fair value of plan assets $ 438,403 The following information relates to our classification of investments into the fair value hierarchy: • Money Market Funds: Money market funds typically invest in government securities, certificates of deposit, commercial paper and other highly liquid, low risk securities. Money market funds are principally used for overnight deposits and are classified as Level 1 when unadjusted quoted prices in active markets are available and as Level 2 when they are not actively traded on an exchange. • Equity Securities: Equity securities are comprised of mutual funds and collective trust funds investing in U.S. and foreign stocks. These mutual funds are classified as Level 2. • Commingled Fixed Income Securities: Commingled fixed income securities are comprised of mutual funds that invest in a variety of fixed income securities, including securities of the U.S. government and its agencies, corporate debt, mortgage-backed securities and asset-backed securities. Fair value is based on the value of the underlying investments owned by each fund, minus its liabilities, divided by the number of shares outstanding, as reported by the fund manager. These mutual funds are classified as Level 1 when unadjusted quoted prices in active markets are available and as Level 2 when they are not actively traded on an exchange. • Government and Related Securities: Debt securities are classified as Level 1 where active, high-volume trades for identical securities exist. Valuation adjustments are not applied to these securities. Debt securities are classified as Level 2 where fair value is determined using quoted market prices for similar securities or benchmarking model derived prices to quoted market prices and trade data for identical or comparable securities. • Corporate Debt Securities: Corporate debt securities are valued using recently executed comparable transactions, market price quotations or bond spreads for the same maturity as the security. These securities are classified as Level 2. • Mortgage-Backed Securities / Asset-Backed Securities: These securities are valued based on external pricing indices or on external price/spread data. These securities are classified as Level 2. • Real Estate: include units in open-ended commingled real estate funds. Funds that are valued and traded on a daily basis in an active market are classified as Level 2. Investments that are valued on an annual basis by certified appraisers are classified as Level 3. The valuation techniques used to value Level 3 investments include the cost approach, sales-comparison method and the income approach. • Diversified Growth Funds: comprised of units in commingled diversified growth funds that comprise a mix of different asset classes. The underlying investments may not be listed on an exchange in an active market or traded on a daily basis and may fall into all three fair value categories. Accordingly, these securities are classified as Level 3. • Securities Lending Fund: represents a commingled fund through our custodian's securities lending program. The U.S. pension plan lends securities that are held within the plan to other banks and/or brokers, and receives collateral, typically cash. This collateral is invested in a commingled fund that invests in short-term fixed income securities. This investment is classified as Level 2. This amount invested in the fund is offset by a corresponding liability reflected in the U.S. pension plan's net assets available for benefits. Investments Valued at Net Asset Value Represents investments in private equity limited partnerships that are measured at fair value using the Net Asset Value (NAV) per share as a practical expedient and are not categorized in the fair value hierarchy. There is no active market for these investments and the pension plan receives a proportionate share of the gains, losses and expenses in accordance with the partnership agreements. There was a remaining unfunded commitment of $6 million at both December 31, 2023 and 2022. These investments comprise approximately 1% of total U.S. Pension Fund assets at both December 31, 2023 and 2022. Level 3 Gains and Losses The following table summarizes the changes in the fair value of Level 3 assets: U.S. Plans Foreign Plans Real estate Real estate Diversified Growth Funds Balance at December 31, 2021 $ 77,494 $ 52,491 $ 52,169 Realized gains 1,058 — — Unrealized gains (losses) 12,666 (6,741) (5,933) Net purchases, sales and settlements 282 1,729 (16,474) Foreign currency and other — (4,499) (5,368) Balance at December 31, 2022 91,500 42,980 24,394 Realized gains 4,505 — — Unrealized losses (18,386) (3,951) (3,133) Net purchases, sales and settlements (10,363) 2,014 (22,396) Foreign currency and other — 2,162 1,135 Balance at December 31, 2023 $ 67,256 $ 43,205 $ — Postretirement Medical Benefits We provide certain employer subsidized health care and employer provided life insurance benefits in the U.S. and Canada to eligible retirees and their dependents. The cost of these benefits is recognized over the period the employee provides credited service to the company. The benefit obligation and funded status for postretirement medical benefit plans are as follows: 2023 2022 Benefit obligation Benefit obligation - beginning of year $ 99,275 $ 139,516 Service cost 367 731 Interest cost 5,031 3,679 Net actuarial gain (206) (31,512) Foreign currency changes 214 (740) Benefits paid, net (11,194) (12,399) Benefit obligation - end of year (1) $ 93,487 $ 99,275 Fair value of plan assets Fair value of plan assets - beginning of year $ — $ — Company contribution 11,194 12,399 Benefits paid, net (11,194) (12,399) Fair value of plan assets - end of year $ — $ — Amounts recognized in the Consolidated Balance Sheets Current liability $ (10,265) $ (11,530) Noncurrent liability (83,222) (87,745) Funded status $ (93,487) $ (99,275) (1) Includes a benefit obligation for the U.S. postretirement plan of $84 million and $90 million at December 31, 2023 and 2022, respectively. Pretax amounts recognized in AOCL consist of: 2023 2022 Net actuarial gain $ (14,360) $ (16,405) The components of net periodic benefit cost for postretirement medical benefit plans were as follows: 2023 2022 2021 Service cost $ 367 $ 731 $ 909 Interest cost 5,031 3,679 3,755 Amortization of prior service cost — — 129 Amortization of net actuarial loss (2,249) 68 4,090 Net periodic benefit cost $ 3,149 $ 4,478 $ 8,883 Other changes in benefit obligation for postretirement medical benefit plans recognized in other comprehensive income were as follows: 2023 2022 Net actuarial gain $ (206) $ (31,512) Amortization of net actuarial loss 2,249 (68) Total recognized in other comprehensive income $ 2,043 $ (31,580) The weighted-average discount rates used to determine end of year benefit obligation and net periodic pension cost include: 2023 2022 2021 Discount rate used to determine benefit obligation U.S. 5.20 % 5.60 % 2.80 % Canada 4.60 % 5.15 % 2.90 % Discount rate used to determine net period benefit cost U.S. 5.60 % 2.80 % 2.35 % Canada 5.15 % 2.90 % 2.50 % The discount rate for our U.S. postretirement medical benefit plan is determined by matching the expected cash flows associated with our benefit obligations to a pool of corporate long-term, high-quality fixed income debt instruments available as of the measurement date. The discount rate for our Canada postretirement medical benefit plan is determined by matching the expected cash flows associated with our benefit obligations to spot rates along a yield curve developed based on yields of corporate long-term, high-quality fixed income debt instruments available as of the measurement date. The assumed health care cost trend rate used in measuring the accumulated postretirement benefit obligation for the U.S. plan was 6.75% for 2023 and 6.5% for 2022. The assumed health care trend rate is 6.25% for 2024 and will gradually decline to 5.0% by the year 2028 and remain at that level thereafter. Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. Estimated Future Benefit Payments The following benefit payments, which reflect expected future service, are expected to be paid. Pension Benefits Postretirement Medical Benefits 2024 $ 123,016 $ 10,514 2025 123,566 10,065 2026 121,323 9,626 2027 120,468 9,130 2028 120,025 8,654 Thereafter 576,290 36,181 $ 1,184,688 $ 84,170 During 2024, we do not anticipate making contributions to our U.S. pension plans and contributing approximately $6 million to our foreign pension plans. Savings Plans We offer a voluntary defined contribution 401(k) plan to our U.S. employees designed to help them accumulate additional savings for retirement. We provide a core contribution to all employees, regardless of if they participate in the plan, and an additional contribution to participating employees based on their eligible pay. Total employer contributions to the 401(k) plan were $28 million in both 2023 and 2022.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes (Loss) income from continuing operations before taxes consisted of the following: Years Ended December 31, 2023 2022 2021 U.S. $ (472,848) $ (39,294) $ (85,258) International 66,346 79,174 77,843 Total $ (406,502) $ 39,880 $ (7,415) The (benefit) provision for income taxes from continuing operations consisted of the following: Years Ended December 31, 2023 2022 2021 U.S. Federal: Current $ 13,722 $ 223 $ (7,419) Deferred (44,504) (12,284) (13,825) (30,782) (12,061) (21,244) U.S. State and Local: Current 5,641 (9,716) 5,401 Deferred (12,189) 7,137 (5,827) (6,548) (2,579) (426) International: Current 10,577 8,745 10,979 Deferred 5,878 8,835 (231) 16,455 17,580 10,748 Total current 29,940 (748) 8,961 Total deferred (50,815) 3,688 (19,883) Total (benefit) provision for income taxes $ (20,875) $ 2,940 $ (10,922) Effective tax rate 5.1 % 7.4 % 147.3 % The effective tax rate for 2023 includes a benefit of $3 million on the aggregate $339 million goodwill impairment charge as the majority of this charge is nondeductible. The effective tax rate for 2022 includes a tax benefit of $5 million on the pre-tax gain of $5 million from the Borderfree sale as the tax basis was higher than book basis and a $1 million benefit associated with the 2019 sale of a business. The effective tax rate for 2021 includes benefits of $7 million from the resolution of tax matters, $5 million due to tax legislation in the U.K., $3 million from an affiliate reorganization and $2 million from the vesting of restricted stock, partially offset by charges of $6 million on the pre-tax gain of $10 million from the sale of a business as the tax basis was lower than the book basis and $1 million for the write-off of deferred tax assets associated with the expiration of out-of-the-money stock options. A reconciliation of income taxes computed at the federal statutory rate and our provision for income taxes consist of the following: Years Ended December 31, 2023 2022 2021 Federal statutory provision $ (85,366) $ 8,375 $ (1,558) State and local income taxes (1) (5,173) (1,612) (336) Impact of foreign operations taxed at rates other than the U.S. statutory rate (2) 2,646 3,349 (2,220) Accrual/release of uncertain tax amounts related to foreign operations (2,829) (2,753) (7,288) U.S. tax impacts of foreign income in the U.S. (3) 1,099 1,089 4,441 CARES Act carryback benefit — — (2,270) Tax credits (1,683) (850) (500) Unrealized stock compensation benefits 574 572 (505) Goodwill impairment 68,557 — — Borderfree tax basis differences — (5,610) — Other, net (4) 1,300 380 (686) (Benefit) provision for income taxes $ (20,875) $ 2,940 $ (10,922) (1) Includes a benefit of $1 million related to tax resolutions and a benefit of $1 million for tax return true-ups for the year ended December 31, 2022. (2) Includes a charge of $2 million for a deferred rate change and a charge of $1 million for the establishment of a valuation allowance for the year ended December 31, 2022 and a benefit of $5 million for a deferred rate change for the year ended December 31, 2021. (3) Includes a benefit of $1 million for the year ended December 31, 2022 associated with the sale of a business. (4) Includes a $1 million charge associated with nondeductible officer compensation for the year ended December 31, 2023 and a $3 million benefit from an affiliate reorganization and a charge of $3 million related to the sale of a business for the year ended December 31, 2021. Deferred tax liabilities and assets consisted of the following: December 31, 2023 2022 Deferred tax liabilities: Depreciation $ (16,585) $ (51,717) Deferred profit (for tax purposes) on sale to finance subsidiary (43,057) (26,765) Lease revenue and related depreciation (205,773) (216,282) Intangible assets (60,420) (65,916) Operating lease liability (76,910) (73,403) Basis adjustment in subsidiary (51,548) — Other (19,690) (27,366) Gross deferred tax liabilities (473,983) (461,449) Deferred tax assets: Postretirement medical benefits 23,472 24,892 Pension 15,042 9,640 Operating lease asset 83,696 78,765 Long-term incentives 11,814 12,946 Net operating and capital losses 182,482 130,640 Tax credit carry forwards 65,095 66,256 Section 163j carryforward 47,802 23,917 Tax uncertainties gross-up 4,904 4,982 Other 48,537 50,345 Gross deferred tax assets 482,844 402,383 Less: Valuation allowance (159,342) (157,450) Net deferred tax assets 323,502 244,933 Total deferred taxes, net $ (150,481) $ (216,516) The valuation allowance relates primarily to certain foreign, state and local net operating loss and tax credit carryforwards that will more-likely-than-not expire unutilized. We have a federal net operating loss carryforward of $3 million as of December 31, 2023, that have a 20 year carryforward period. We have net operating loss carryforwards in international jurisdictions of $390 million as of December 31, 2023, of which $138 million can be carried forward indefinitely and the remainder expire over the next 20 years. We also have net operating loss carryforwards in most states totaling $969 million that will expire over the next 20 years. In addition, we have tax credit carryforwards of $65 million, of which $52 million can be carried forward indefinitely and the remainder expire over the next 10 years. As of December 31, 2023, we assert that we are permanently reinvested in our pre-1987 and post-2017 undistributed earnings of $365 million as well as all other outside basis differences. While a determination of the full liability that would be incurred if these earnings were repatriated is not practicable, we have estimated the withholding taxes would be approximately $3 million. Uncertain Tax Positions A reconciliation of the amount of unrecognized tax benefits is as follows: 2023 2022 2021 Balance at beginning of year $ 33,300 $ 45,072 $ 50,064 Increases from prior period positions 343 6 3,016 Decreases from prior period positions (524) (6,830) (4,247) Increases from current period positions 400 340 492 Decreases relating to settlements with tax authorities (350) (1,966) (1,270) Reductions from lapse of applicable statute of limitations (2,937) (3,322) (2,983) Balance at end of year $ 30,232 $ 33,300 $ 45,072 The amount of the unrecognized tax benefits at December 31, 2023, 2022 and 2021 that would affect the effective tax rate if recognized was $26 million, $29 million and $39 million, respectively. On a regular basis, we conclude tax return examinations, statutes of limitations expire, and court decisions interpret tax law. We regularly assess tax uncertainties in light of these developments. As a result, it is reasonably possible that the amount of our unrecognized tax benefits will decrease in the next 12 months, and we expect this change could be up to 15% of our unrecognized tax benefits. We recognize interest and penalties related to uncertain tax positions in our provision for income taxes. Amounts included in our provision for income taxes related to interest and penalties on uncertain tax positions for each of the years ended December 31, 2023, 2022 and 2021 were not significant. We had approximately $4 million and $3 million accrued for the payment of interest and penalties at December 31, 2023 and 2022, respectively. Other Tax Matters With regard to U.S. Federal income tax, the Internal Revenue Service examination of our consolidated U.S. income tax returns for tax years prior to 2020 are closed to audit, except for review of the Tax Cuts and Jobs Act (TCJA) Sec 965 transition tax. On a state and local level, returns for most jurisdictions are closed through 2017. For our significant non-U.S. jurisdictions, Canada is closed to examination through 2018 except for a specific issue under current exam, and France, Germany and the U.K. are closed through 2019, 2016, and 2021 respectively. We also have other less significant tax filings currently subject to examination. We regularly assess the likelihood of tax adjustments in each of the tax jurisdictions in which we have operations and account for the related financial statement implications. We believe we have established tax reserves that are appropriate given the possibility of tax adjustments. However, determining the appropriate level of tax reserves requires judgment regarding the uncertain application of tax law and the possibility of tax adjustments. Future changes in tax reserve requirements could have a material positive or negative impact on our results of operations, financial position and cash flows.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and ContingenciesFrom time to time, in the ordinary course of business, we are involved in litigation pertaining to, among other things, contractual rights under vendor, insurance or other contracts; intellectual property or patent rights; equipment, service, payment or other disputes with clients; or disputes with employees. Some of these actions may be brought as a purported class action on behalf of a purported class of customers, employees, or others. Due to uncertainties inherent in litigation, any actions could have an adverse effect on our financial position, results of operations or cash flows; however, in management's opinion, the final outcome of outstanding matters will not have a material adverse effect on our business.

Leased Assets and Liabilities

Leased Assets and Liabilities	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Leased Assets and Liabilities	Leased Assets and Liabilities We lease real estate and equipment under operating and finance lease agreements. Our leases have terms of up to 15 years, and may include renewal options. At lease commencement, a lease liability and corresponding right-of-use asset is recognized. Lease liabilities represent the present value of future lease payments over the expected lease term, including options to extend or terminate the lease when it is reasonably certain those options will be exercised. Lease payments include all fixed payments and variable payments tied to an index, but exclude costs such as common area maintenance charges, property taxes, insurance and mileage. The present value of the lease liability is determined using our incremental borrowing rate at lease commencement. Information regarding operating and financing leases is as follows: Leases Balance Sheet Location December 31, 2023 December 31, 2022 Assets Operating Operating lease assets $ 309,958 $ 296,129 Finance Property, plant and equipment, net 51,049 54,063 Total leased assets $ 361,007 $ 350,192 Liabilities Operating Current operating lease liabilities $ 60,069 $ 52,576 Noncurrent operating lease liabilities 277,981 265,696 Finance Accounts payable and accrued liabilities 13,005 11,690 Other noncurrent liabilities 40,530 43,858 Total lease liabilities $ 391,585 $ 373,820 Years Ended December 31, Lease Cost 2023 2022 2021 Operating lease expense $ 87,876 $ 67,041 $ 62,269 Finance lease expense Amortization of leased assets 13,043 12,321 9,191 Interest on lease liabilities 3,407 3,323 2,826 Variable lease expense 28,018 26,870 33,924 Sublease income (466) (1,086) (1,761) Total expense $ 131,878 $ 108,469 $ 106,449 Operating lease expense includes immaterial amounts related to leases with terms of 12 months or less. Future Lease Payments Operating Leases Finance Leases Total 2024 $ 88,000 $ 16,341 $ 104,341 2025 82,817 14,634 97,451 2026 72,006 12,516 84,522 2027 62,721 10,376 73,097 2028 53,899 7,008 60,907 Thereafter 71,379 2,005 73,384 Total 430,822 62,880 493,702 Less: present value discount 92,772 9,345 102,117 Lease liability $ 338,050 $ 53,535 $ 391,585 Future lease payments exclude $17 million of payments for leases signed but not yet commenced at December 31, 2023. Lease Term and Discount Rate December 31, 2023 December 31, 2022 Weighted-average remaining lease term Operating leases 5.6 years 6.4 years Finance leases 4.4 years 5.1 years Weighted-average discount rate Operating leases 9.5% 8.2% Finance leases 7.7% 6.2% Years Ended December 31, Cash Flow Information 2023 2022 2021 Operating cash outflows - operating leases $ 84,024 $ 65,012 $ 59,748 Operating cash outflows - finance leases $ 3,407 $ 3,323 $ 2,826 Financing cash outflows - finance leases $ 12,154 $ 11,091 $ 7,707 Leased assets obtained in exchange for new lease obligations Operating leases $ 74,778 $ 135,359 $ 48,662 Finance leases $ 9,158 $ 20,927 $ 30,840
Leased Assets and Liabilities	Leased Assets and Liabilities We lease real estate and equipment under operating and finance lease agreements. Our leases have terms of up to 15 years, and may include renewal options. At lease commencement, a lease liability and corresponding right-of-use asset is recognized. Lease liabilities represent the present value of future lease payments over the expected lease term, including options to extend or terminate the lease when it is reasonably certain those options will be exercised. Lease payments include all fixed payments and variable payments tied to an index, but exclude costs such as common area maintenance charges, property taxes, insurance and mileage. The present value of the lease liability is determined using our incremental borrowing rate at lease commencement. Information regarding operating and financing leases is as follows: Leases Balance Sheet Location December 31, 2023 December 31, 2022 Assets Operating Operating lease assets $ 309,958 $ 296,129 Finance Property, plant and equipment, net 51,049 54,063 Total leased assets $ 361,007 $ 350,192 Liabilities Operating Current operating lease liabilities $ 60,069 $ 52,576 Noncurrent operating lease liabilities 277,981 265,696 Finance Accounts payable and accrued liabilities 13,005 11,690 Other noncurrent liabilities 40,530 43,858 Total lease liabilities $ 391,585 $ 373,820 Years Ended December 31, Lease Cost 2023 2022 2021 Operating lease expense $ 87,876 $ 67,041 $ 62,269 Finance lease expense Amortization of leased assets 13,043 12,321 9,191 Interest on lease liabilities 3,407 3,323 2,826 Variable lease expense 28,018 26,870 33,924 Sublease income (466) (1,086) (1,761) Total expense $ 131,878 $ 108,469 $ 106,449 Operating lease expense includes immaterial amounts related to leases with terms of 12 months or less. Future Lease Payments Operating Leases Finance Leases Total 2024 $ 88,000 $ 16,341 $ 104,341 2025 82,817 14,634 97,451 2026 72,006 12,516 84,522 2027 62,721 10,376 73,097 2028 53,899 7,008 60,907 Thereafter 71,379 2,005 73,384 Total 430,822 62,880 493,702 Less: present value discount 92,772 9,345 102,117 Lease liability $ 338,050 $ 53,535 $ 391,585 Future lease payments exclude $17 million of payments for leases signed but not yet commenced at December 31, 2023. Lease Term and Discount Rate December 31, 2023 December 31, 2022 Weighted-average remaining lease term Operating leases 5.6 years 6.4 years Finance leases 4.4 years 5.1 years Weighted-average discount rate Operating leases 9.5% 8.2% Finance leases 7.7% 6.2% Years Ended December 31, Cash Flow Information 2023 2022 2021 Operating cash outflows - operating leases $ 84,024 $ 65,012 $ 59,748 Operating cash outflows - finance leases $ 3,407 $ 3,323 $ 2,826 Financing cash outflows - finance leases $ 12,154 $ 11,091 $ 7,707 Leased assets obtained in exchange for new lease obligations Operating leases $ 74,778 $ 135,359 $ 48,662 Finance leases $ 9,158 $ 20,927 $ 30,840

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2023
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders' Equity Retirement of Treasury Stock In December 2023, we retired 53 million shares of treasury stock and returned these shares to the status of unissued shares of common stock. The following table summarizes the changes in shares of Common Stock outstanding and Treasury Stock: Common Stock Outstanding Treasury Stock Balance at December 31, 2020 171,975,188 151,362,724 Issuance of treasury stock 2,756,207 (2,756,207) Balance at December 31, 2021 174,731,395 148,606,517 Repurchases of common stock (2,750,000) 2,750,000 Issuance of treasury stock 2,049,192 (2,049,192) Balance at December 31, 2022 174,030,587 149,307,325 Retirement of treasury stock — (53,000,000) Issuance of treasury stock 2,335,246 (2,335,246) Balance at December 31, 2023 176,365,833 93,972,079

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Reclassifications out of accumulated other comprehensive loss were as follows: Gain (Loss) Reclassified from AOCL (a) Years Ended December 31, 2023 2022 2021 Cash flow hedges Revenue $ — $ — $ 289 Cost of sales (33) 178 (117) Interest expense 9,708 549 (366) Total before tax 9,675 727 (194) Tax provision (benefit) 2,419 181 (49) Net of tax $ 7,256 $ 546 $ (145) Available for sale securities Financing revenue $ (11) $ (9) $ (6) Selling, general and administrative expense — — (7) Total before tax (11) (9) (13) Tax benefit (3) (2) (2) Net of tax $ (8) $ (7) $ (11) Pension and Postretirement Benefit Plans (b) Prior service costs $ (266) $ (208) $ (337) Actuarial losses (17,181) (39,999) (51,673) Settlement (746) (394) (551) Total before tax (18,193) (40,601) (52,561) Tax benefit (4,461) (9,315) (12,755) Net of tax $ (13,732) $ (31,286) $ (39,806) (a) Amounts in parentheses indicate reductions to income and increases to other comprehensive income. (b) Reclassified from accumulated other comprehensive loss to other components of net pension and postretirement cost. These amounts are included in net periodic costs for defined benefit pension plans and postretirement medical benefit plans (see Note 14 for additional details). Changes in accumulated other comprehensive loss, net of tax, were as follows: Cash flow hedges Available-for-sale securities Pension and postretirement benefit plans Foreign currency adjustments Total Balance at December 31, 2020 $ (1,411) $ 402 $ (851,063) $ 12,941 $ (839,131) Other comprehensive income (loss) before reclassifications 5,069 (6,662) 54,618 (34,168) 18,857 Amounts reclassified from accumulated other comprehensive loss 145 11 39,806 — 39,962 Net other comprehensive income (loss) 5,214 (6,651) 94,424 (34,168) 58,819 Balance at December 31, 2021 3,803 (6,249) (756,639) (21,227) (780,312) Other comprehensive income (loss) before reclassifications 9,246 (33,198) 9,297 (71,344) (85,999) Amounts reclassified from accumulated other comprehensive loss (546) 7 31,286 — 30,747 Net other comprehensive income (loss) 8,700 (33,191) 40,583 (71,344) (55,252) Balance at December 31, 2022 12,503 (39,440) (716,056) (92,571) (835,564) Other comprehensive (loss) income before reclassifications 1,715 5,969 (55,128) 25,279 (22,165) Amounts reclassified from accumulated other comprehensive loss (7,256) 8 13,732 — 6,484 Net other comprehensive (loss) income (5,541) 5,977 (41,396) 25,279 (15,681) Balance at December 31, 2023 $ 6,962 $ (33,463) $ (757,452) $ (67,292) $ (851,245)

Stock-Based Compensation Plans

Stock-Based Compensation Plans	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation Plans	Stock-Based Compensation Plans We may grant restricted stock units, non-qualified stock options and other stock awards to eligible employees. All stock-based awards are approved by the Executive Compensation Committee of the Board of Directors. We settle stock awards with treasury shares. At December 31, 2023, there were 15,950,013 shares available for future grants. Restricted Stock Units Restricted stock units (RSUs) typically vest ratably over a three-year service period and entitle the holder to shares of common stock as the units vest. We may also grant RSUs to certain employees where vesting is contingent upon the achievement of certain performance targets. RSUs granted in 2023 included 1,513,928 awards subject to a performance target. The following table summarizes information about RSUs: 2023 2022 Shares Weighted average fair value Shares Weighted average fair value Outstanding - beginning of the year 7,197,755 $ 6.09 5,738,293 $ 6.95 Granted 2,068,825 4.19 5,280,429 4.82 Vested (2,819,824) 5.53 (2,221,027) 6.10 Forfeited (921,563) 5.63 (1,599,940) 4.69 Outstanding - end of the year 5,525,193 $ 5.74 7,197,755 $ 6.09 The fair value of RSUs is determined based on the stock price on the grant date less the present value of expected dividends. At December 31, 2023, there was $4 million of unrecognized compensation cost related to RSUs that is expected to be recognized over a weighted-average period of 1.2 years. The intrinsic value of RSUs outstanding at December 31, 2023 was $24 million. The fair value of RSUs vested during 2023, 2022 and 2021 was $12 million, $11 million and $22 million, respectively. During 2021, we granted 2,100,126 RSUs at a weighted average fair value of $8.36. In 2023 and 2022, RSUs granted include 222,833 and 158,416, respectively, to non-employee directors. These RSUs vest one year from the grant date. Performance Stock Units Performance stock units (PSUs) are stock awards where the number of shares ultimately awarded is based upon the attainment of certain performance targets and total shareholder return relative to peer companies. PSUs vest at the end of a three-year service period. Awards outstanding at December 31, 2023 represent awards that have been deferred and will be issued at a later date. 2023 2022 Shares Weighted average fair value Shares Weighted average fair value Outstanding - beginning of the year 811,620 $ 9.57 1,009,091 $ 6.60 Vested — — (197,471) 6.73 Outstanding - end of the year 811,620 $ 9.57 811,620 $ 9.57 Stock Options Stock options are granted at an exercise price equal to or greater than the market price of our common stock on the grant date. Options vest ratably over three years and expire ten years from the grant date. We did not grant any options in 2023 or 2022; accordingly, at December 31, 2023, unrecognized compensation cost was not significant. The intrinsic value of options outstanding and exercisable at December 31, 2023 was not significant. The following table summarizes information about stock option activity: 2023 2022 Shares Per share weighted average exercise prices Shares Per share weighted average exercise prices Options outstanding - beginning of the year 10,027,048 $ 9.91 11,120,069 $ 10.65 Canceled (435,403) 7.91 (93,021) 8.09 Expired (440,000) 20.27 (1,000,000) 18.29 Options outstanding - end of the year 9,151,645 $ 9.50 10,027,048 $ 9.91 Options exercisable - end of the year 9,057,268 $ 9.52 8,912,286 $ 10.42 During 2021, 777,429 stock options were exercised at a weighted average fair value of $6.11. The following table provides additional information about stock options outstanding and exercisable at December 31, 2023: Options Outstanding Options Exercisable Range of per share exercise prices Shares Per share weighted-average exercise price Weighted-average remaining contractual life Shares Per share weighted-average exercise price Weighted-average remaining contractual life $3.98 - $6.60 4,250,995 $ 5.05 5.5 years 4,250,995 $ 5.05 5.5 years $8.55 - $8.76 744,908 $ 8.63 6.7 years 650,531 $ 8.63 6.7 years $12.64 - $21.54 4,155,742 $ 14.21 3.0 years 4,155,742 $ 14.21 3.0 years 9,151,645 $ 9.50 4.5 years 9,057,268 $ 9.52 4.5 years The following table lists the weighted average assumptions used to calculate the fair value of stock options granted in 2021: Expected dividend yield 2.4 % Expected stock price volatility 70.0 % Risk-free interest rate 1.1 % Expected life 7 years Weighted-average fair value per option granted $4.53 Fair value of options granted $3,342 Employee Stock Purchase Plan (ESPP)

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts and Reserves	Description Balance at beginning of year Additions charged to expense Deductions Balance at end of year Valuation allowance for deferred tax asset 2023 $ 157,450 $ 9,826 $ (7,934) $ 159,342 2022 $ 121,778 $ 44,188 $ (8,516) $ 157,450 2021 $ 116,543 $ 7,490 $ (2,255) $ 121,778

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying Consolidated Financial Statements of Pitney Bowes Inc. and its wholly owned subsidiaries (we, us, our, or the company) have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP). Intercompany transactions and balances have been eliminated.
Factors Affecting Comparability	Factors Affecting Comparability Certain transactions and changes occurred during 2022 that impact the comparability to our 2023 financial results. These transactions and changes include: • the sale of our Borderfree cross-border ecommerce solutions business (Borderfree) in July 2022. Accordingly, reported revenue and costs for the twelve months ended December 31, 2022 include six months of revenue and costs for Borderfree. Net income of Borderfree for these periods was not significant. • a change in the presentation of revenue for digital delivery services effective October 1, 2022, from a gross basis to a net basis. Accordingly, in 2023, revenue and costs of revenue for certain digital delivery services are reported on a net basis as business services revenue; whereas in 2022, revenue and cost of revenue for these services through September 30 were reported as business services revenue and cost of business services, respectively. The change primarily impacts our Global Ecommerce segment.
Use of Estimates	Use of Estimates
Cash and Cash Equivalents	Cash and Cash Equivalents
Investment Securities	Investment Securities Investment securities classified as available-for-sale are recorded at fair value with changes in fair value due to market conditions (i.e., interest rates) recorded in accumulated other comprehensive loss (AOCL), and changes in fair value due to credit conditions recorded in earnings. Purchase premiums and discounts are amortized using the effective interest method over the term of the security. Gains and losses on sales of available-for-sale securities are recorded on the trade date using the specific identification method. There were no unrealized losses due to credit losses charged to earnings in 2023, 2022, or 2021. Investment securities classified as held-to-maturity and are carried at amortized cost.
Accounts and Other Receivables and Allowance for Credit Losses	Accounts and Other Receivables and Allowance for Credit Losses Accounts receivables are generally due within 30 days after the invoice date. We provide an allowance for credit losses based on historical loss experience, the age of the receivables, specific troubled accounts and other currently available information. Accounts receivables are written off against the allowance after all collection efforts have been exhausted and management deems the account to be uncollectible, or when they are 365 days past due, if sooner. We believe that our accounts receivable credit risk is low
Finance Receivables and Allowance for Credit Losses	Finance Receivables and Allowance for Credit Losses Finance receivables are comprised of sales-type leases, secured loans and unsecured loans. Sales-type leases and secured loans are from financing options provided to clients for Pitney Bowes equipment or leasing of other manufacturers' equipment and are generally due in installments over periods ranging from three We provide an allowance for credit losses based on historical loss experience, the nature of our portfolios, adverse situations that may affect a client's ability to pay and current economic conditions and outlook based on reasonable and supportable forecasts. We continually evaluate the adequacy of the allowance for credit losses and adjust as necessary.
Inventories	Inventories
Fixed Assets	Fixed Assets Property, plant and equipment and rental equipment are stated at cost and depreciated principally using the straight-line method over their estimated useful lives, which are 50 years for buildings, 10-20 years for building improvements, up to 3 years for internal use software development costs, 3-12 years for machinery and equipment and 3-6 years for rental equipment. Leasehold improvements are amortized over the shorter of their estimated useful life or the remaining lease term. Major improvements that add to the productive capacity or extend the life of an asset are capitalized while repairs and maintenance are charged to expense. Fully depreciated assets are retained in fixed assets and accumulated depreciation until they are removed from service.
Intangible Assets	Intangible Assets Finite-lived intangible assets are amortized using the straight-line method over their estimated useful lives of up to 10 years.
Deferred Costs	Deferred Costs
Revenue Recognition	Revenue Recognition We derive revenue from multiple sources including sales, rentals, financing and services. Certain transactions are consummated at the same time and can therefore generate revenue from multiple sources. The most common form of these transactions involves a sale or noncancelable lease of equipment, meter services and an equipment maintenance agreement. We determine whether each product and service within the contract should be treated as a separate performance obligation (unit of accounting) for revenue recognition purposes. For contracts that include multiple performance obligations, the transaction price is allocated based on relative standalone selling prices (SSP), which are a range of selling prices that we would sell a product or service to a customer on a separate basis. SSP are established for each performance obligation at the inception of the contract and can be observable prices or estimated. The allocation of the transaction price to the various performance obligations impacts the timing of revenue recognition, but does not change the total revenue recognized. More specifically, revenue related to our offerings is recognized as follows: Business services Business services includes fulfillment, delivery and return services, cross-border solutions, mail processing services and shipping subscription solutions. Revenue for fulfillment, delivery and return services, cross-border solutions and mail processing services is recognized over time using an output method based on the number of parcels or mail pieces either processed or delivered, depending on the service type, since that measure best depicts the value of goods and services transferred to the client over the contract period. Revenue for shipping subscription solutions is recognized ratably over the contract period as the client obtains equal benefit from these services throughout the period. We review third-party relationships and record revenue on a gross basis when we act as a principal in a transaction and on a net basis when we act as an agent between a client and vendor. In determining whether we are acting as principal or agent, we consider several factors such as whether we are the primary obligor to the client or have control over pricing. Support services Support services includes providing maintenance, professional and subscription services for our equipment and digital mailing and shipping technology solutions. Revenue is allocated to these services using selling prices charged in standalone transactions. Revenue for maintenance and subscription services is recognized ratably over the contract period and revenue for professional services is recognized when services are provided. Financing We provide financing for our products primarily through sales-type leases and revolving lines of credit for the purchase of postage and supplies. Financing revenue also includes finance income, late fees and investment income, gains and losses at the Bank. We record financing income over the lease term using the effective interest method. Financing revenue also includes amounts related to sales-type leases that customers have extended or renewed for an additional term. Revenue for these contracts is recognized over the term of the modified lease using the effective interest method. We believe that our sales-type lease portfolio contains only normal collection risk. Equipment residual values are determined at the inception of the lease using management's best estimate of fair value at the end of the lease term. Fair value estimates are determined based on historical renewal experience, used equipment markets, competition and technological changes. We evaluate residual values on an annual basis or sooner if circumstances warrant. Declines in estimated residual values considered "other-than-temporary" are recognized immediately. Increases in estimated future residual values are not recognized until the equipment is remarketed. Equipment sales We sell and lease equipment directly to customers and to distributors (re-sellers) throughout the world. The amount of revenue allocated to the equipment is based on a range of observable selling prices in standalone transactions. Revenue is recognized as control of the equipment transfers to the customer. Revenue from the sale of equipment under sales-type leases is recognized upon shipment for self-installed products and upon installation or customer acceptance for other products. Revenue from the direct sale of equipment is recognized upon delivery for self-installed products and upon installation or customer acceptance for other products. We do not typically offer any rights of return. Supplies Supplies revenue includes the sale of supplies for our mailing equipment and is recognized upon delivery. Rentals
Shipping and Handling	Shipping and Handling Shipping and handling costs are recognized as costs of revenue as incurred.
Research and Development Costs	Research and Development Costs
Restructuring Charges	Restructuring Charges
Stock-based Compensation	Stock-based Compensation Compensation expense for stock-based awards is measured based on the estimated fair value of the awards expected to vest and recognized ratably over the requisite service period. We may issue restricted stock and non-qualified stock options under our stock award plans. The fair value of restricted stock is estimated based on the market price of our common stock on the grant date, less the present value of expected dividends. The fair value of non-qualified stock options is determined using the Black-Scholes valuation model. We believe that these valuation techniques and the underlying assumptions are appropriate in estimating the fair value of stock awards. Forfeitures are estimated at the time of grant to recognize expense for those awards that are expected to vest and are based on our historical forfeiture rates. Stock-based compensation expense is recognized primarily in selling, general and administrative expense.
Retirement Plans	Retirement Plans
Impairment Review	Impairment Review Long-lived assets and finite-lived intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. The estimated undiscounted future cash flows expected to result from the use and eventual disposition of the asset is compared to the asset's carrying value. The fair value of the asset is determined using probability weighted expected cash flow estimates, derived from our long-term business plan and historical experience, quoted market prices when available and appraisals, as appropriate.
Impairment Review for Goodwill	Goodwill is tested annually for impairment at the reporting unit level as of the beginning of the fourth quarter or sooner if circumstances indicate an impairment may exist. The impairment test for goodwill determines the fair value of each reporting unit and compares it to the reporting unit's carrying value, including goodwill. If the fair value of a reporting unit exceeds the carrying value of the net assets assigned to that reporting unit, goodwill is not impaired. If the fair value of the reporting unit is less than the carrying value of the net assets assigned to the reporting unit, a goodwill impairment loss is calculated as the difference between these amounts, limited to the amount of goodwill allocated to the reporting unit.
Derivative Instruments	Derivative Instruments We are exposed to the impact of changes in foreign currency exchange rates and interest rates. We limit these risks by following established risk management policies and procedures. We may also use derivatives to limit the effects of currency exchange rate fluctuations on financial results and manage the related cost of debt. We do not use derivatives for trading or speculative purposes. Derivatives are measured at fair value and reported as assets and liabilities, as applicable. The accounting for changes in fair value depends on the intended use of the derivative, the resulting designation and the effectiveness of the instrument in offsetting the risk exposure it is designed to hedge. To qualify as a hedge, a derivative must be highly effective in offsetting the risk designated for hedging purposes. The hedge relationship must be formally documented at inception, detailing the particular risk management objective and strategy for the hedge. The effectiveness of the hedge relationship is evaluated on a retrospective and prospective basis. The use of derivatives exposes us to counterparty credit risk. To mitigate such risks, we only enter into agreements with financial institutions that meet stringent credit requirements. We regularly review our credit exposure and the creditworthiness of our counterparties. We have not seen a material change in the creditworthiness of our derivative counterparties.
Income Taxes	Income Taxes We recognize deferred tax assets and liabilities for the future tax consequences attributable to differences between the carrying amounts of assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date of such change. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized. In estimating the necessity and amount of a valuation allowance, we consider all available evidence for each jurisdiction, including historical operating results, estimates of future taxable income and the feasibility of ongoing tax planning strategies. We adjust the valuation allowance through income tax expense when new information becomes available that would alter our determination of the amount of deferred tax assets that will ultimately be realized.
Earnings per Share	Earnings per Share Basic earnings per share is computed based on the weighted-average number of common shares outstanding during the year. Diluted earnings per share is computed based on the weighted-average number of common shares outstanding during the year plus the weighted-average dilutive effect of common stock equivalents.
Translation of Non-U.S. Currency Amounts	Translation of Non-U.S. Currency Amounts
Loss Contingencies	Loss Contingencies In the ordinary course of business, we are routinely defendants in, or party to, a number of pending and threatened legal actions. On a quarterly basis, we review the status of each significant matter and assess the potential financial exposure. If the potential loss from any claim or legal action is considered probable and can be reasonably estimated, we establish a liability for the estimated loss. The assessment of the ultimate outcome of each claim or legal action and the determination of the potential financial exposure requires significant judgment. Estimates of potential liabilities for claims or legal actions are based only on information that is available at that time. As additional information becomes available, we may revise our estimates, and these revisions could have a material impact on our results of operations and financial position. Legal fees are expensed as incurred.
Accounting Pronouncements Adopted in 2023 and Accounting Pronouncements Not Yet Adopted	Accounting Pronouncements Adopted in 2023 On January 1, 2023, we adopted ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures, which requires disclosure of gross write-offs of finance receivables by year of origination. The adoption of this standard did not have a material impact on our disclosures. Accounting Pronouncements Not Yet Adopted In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , which would require additional transparency for income tax disclosures, including the income tax rate reconciliation table and cash taxes paid both in the United States and foreign jurisdictions. This standard is effective for annual periods beginning after December 15, 2024. We are currently assessing the impact this standard will have on our disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which would require enhanced disclosures about significant segment expenses and information used to assess segment performance. This standard is effective for fiscal years beginning after December 15, 2023 and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. We are currently assessing the impact this standard will have on our disclosures. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The transition to new reference interest rates will require certain contracts to be modified and the ASU is intended to provide temporary optional expedients and exceptions to U.S. GAAP guidance on contract modifications and hedge accounting to ease the financial reporting burdens related to the expected market transition from the London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative reference rates. The accommodations provided by the ASU are effective through December 31, 2024, and may be applied at the beginning of any interim period within that time frame.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Summary of Disaggregation of Revenue	The following tables disaggregate our revenue by source and timing of recognition: Year Ended December 31, 2023 Global Ecommerce Presort Services SendTech Solutions Revenue from products and services Revenue from leasing transactions and financing Total consolidated revenue Revenue from products and services Business services $ 1,355,326 $ 617,599 $ 72,144 $ 2,045,069 $ — $ 2,045,069 Support services — — 410,734 410,734 — 410,734 Financing — — — — 271,197 271,197 Equipment sales — — 88,144 88,144 235,595 323,739 Supplies — — 147,709 147,709 — 147,709 Rentals — — — — 67,900 67,900 Subtotal 1,355,326 617,599 718,731 2,691,656 $ 574,692 $ 3,266,348 Revenue from leasing transactions and financing — — 574,692 574,692 Total revenue $ 1,355,326 $ 617,599 $ 1,293,423 $ 3,266,348 Timing of revenue recognition from products and services Products/services transferred at a point in time $ — $ — $ 306,414 $ 306,414 Products/services transferred over time 1,355,326 617,599 412,317 2,385,242 Total $ 1,355,326 $ 617,599 $ 718,731 $ 2,691,656 Year Ended December 31, 2022 Global Ecommerce Presort Services SendTech Solutions Revenue from products and services Revenue from leasing transactions and financing Total consolidated revenue Revenue from products and services Business services $ 1,576,348 $ 602,016 $ 71,577 $ 2,249,941 $ — $ 2,249,941 Support services — — 438,191 438,191 — 438,191 Financing — — — — 274,508 274,508 Equipment sales — — 88,022 88,022 266,938 354,960 Supplies — — 154,186 154,186 — 154,186 Rentals — — — — 66,256 66,256 Subtotal 1,576,348 602,016 751,976 2,930,340 $ 607,702 $ 3,538,042 Revenue from leasing transactions and financing — — 607,702 607,702 Total revenue $ 1,576,348 $ 602,016 $ 1,359,678 $ 3,538,042 Timing of revenue recognition from products and services Products/services transferred at a point in time $ — $ — $ 318,438 $ 318,438 Products/services transferred over time 1,576,348 602,016 433,538 2,611,902 Total $ 1,576,348 $ 602,016 $ 751,976 $ 2,930,340 Year Ended December 31, 2021 Global Ecommerce Presort Services SendTech Solutions Revenue from products and services Revenue from leasing transactions and financing Total consolidated revenue Revenue from products and services Business services $ 1,702,580 $ 573,480 $ 58,614 $ 2,334,674 $ — $ 2,334,674 Support services — — 460,888 460,888 — 460,888 Financing — — — — 294,418 294,418 Equipment sales — — 91,015 91,015 259,123 350,138 Supplies — — 159,438 159,438 — 159,438 Rentals — — — — 74,005 74,005 Subtotal 1,702,580 573,480 769,955 3,046,015 $ 627,546 $ 3,673,561 Revenue from leasing transactions and financing — — 627,546 627,546 Total revenue $ 1,702,580 $ 573,480 $ 1,397,501 $ 3,673,561 Timing of revenue recognition from products and services Products/services transferred at a point in time $ — $ — $ 318,077 $ 318,077 Products/services transferred over time 1,702,580 573,480 451,878 2,727,938 Total $ 1,702,580 $ 573,480 $ 769,955 $ 3,046,015
Summary of Contract Assets and Advance Billings	Advance Billings from Contracts with Customers Balance Sheet Location December 31, 2023 December 31, 2022 Increase/ (decrease) Advance billings, current Advance billings $ 82,124 $ 97,904 $ (15,780) Advance billings, noncurrent Other noncurrent liabilities $ 507 $ 906 $ (399)
Summary of Future Performance Obligations	The transaction prices allocated to future performance obligations will be recognized as follows: 2024 2025 2026-2028 Total SendTech Solutions $ 241,205 $ 196,422 $ 256,715 $ 694,342

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Summary of Reconciliation of Revenue From Segments to Consolidated Statements	The following tables provide information about our reportable segments and reconciliation of adjusted segment EBIT to net income or loss. Revenue Years Ended December 31, 2023 2022 2021 Global Ecommerce $ 1,355,326 $ 1,576,348 $ 1,702,580 Presort Services 617,599 602,016 573,480 SendTech Solutions 1,293,423 1,359,678 1,397,501 Total revenue $ 3,266,348 $ 3,538,042 $ 3,673,561 Geographic data: United States $ 2,899,502 $ 3,065,211 $ 3,114,905 Outside United States 366,846 472,831 558,656 Total revenue $ 3,266,348 $ 3,538,042 $ 3,673,561
Summary of Reconciliation of EBIT From Segments to Consolidated Statements	Adjusted Segment EBIT Years Ended December 31, 2023 2022 2021 Global Ecommerce $ (133,733) $ (100,308) $ (98,673) Presort Services 110,912 82,430 79,721 SendTech Solutions 405,347 400,909 429,415 Total adjusted segment EBIT 382,526 383,031 410,463 Reconciling items: Interest, net (163,726) (141,769) (143,945) Unallocated corporate expenses (210,931) (204,251) (207,774) Restructuring charges (61,585) (18,715) (19,003) Goodwill impairment (339,184) — — Gain on sale of assets — 14,372 1,434 Gain on sale of businesses, including transaction costs — 12,205 7,619 Gain (loss) on debt redemption/refinancing 3,064 (4,993) (56,209) Proxy solicitation fees (10,905) — — Foreign currency loss on intercompany loans (5,761) — — Benefit (provision) for income taxes 20,875 (2,940) 10,922 (Loss) income from continuing operations (385,627) 36,940 3,507 Loss from discontinued operations, net of tax — — (4,858) Net (loss) income $ (385,627) $ 36,940 $ (1,351)
Summary of Reconciliation of Depreciation and Amortization from Segments to Consolidated	Depreciation and amortization Years Ended December 31, 2023 2022 2021 Global Ecommerce $ 66,664 $ 78,296 $ 79,128 Presort Services 33,642 28,039 27,243 SendTech Solutions 30,005 29,489 29,950 Total for reportable segments 130,311 135,824 136,321 Corporate 30,119 27,992 26,538 Total depreciation and amortization $ 160,430 $ 163,816 $ 162,859
Summary of Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	Capital expenditures Years Ended December 31, 2023 2022 2021 Global Ecommerce $ 34,757 $ 51,430 $ 89,488 Presort Services 11,182 23,363 36,628 SendTech Solutions 38,840 33,364 26,028 Total for reportable segments 84,779 108,157 152,144 Corporate 18,099 16,683 31,898 Total capital expenditures $ 102,878 $ 124,840 $ 184,042
Summary of Reconciliation of Assets from Segment to Consolidated	Assets December 31, 2023 2022 2021 Global Ecommerce $ 597,073 $ 996,297 $ 1,032,434 Presort Services 500,757 510,345 479,392 SendTech Solutions 2,054,889 2,023,020 2,013,361 Total for reportable segments 3,152,719 3,529,662 3,525,187 Cash and cash equivalents 601,053 669,981 732,480 Short-term investments 22,166 11,172 14,440 Long-term investments 250,240 259,977 333,052 Other corporate assets 246,007 270,563 353,712 Consolidated assets $ 4,272,185 $ 4,741,355 $ 4,958,871
Summary of Long-Lived Assets in Individual Foreign Countries by Country	Identifiable long-lived assets: United States $ 703,484 $ 730,347 $ 658,070 Outside United States 13,685 13,941 14,294 Total $ 717,169 $ 744,288 $ 672,364

Earnings per Share (EPS) (Table

Earnings per Share (EPS) (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Summary of Calculation of Numerator and Denominator in Earnings Per Share	The calculations of basic and diluted earnings per share are presented below. The sum of earnings per share amounts may not equal the totals due to rounding. Years Ended December 31, 2023 2022 2021 Numerator: (Loss) income from continuing operations $ (385,627) $ 36,940 $ 3,507 Loss from discontinued operations, net of tax — — (4,858) Net (loss) income attributable to common stockholders (numerator for EPS) $ (385,627) $ 36,940 $ (1,351) Denominator: Weighted-average shares used in basic EPS 175,640 173,912 173,914 Dilutive effect of common stock equivalents (1) — 3,340 5,191 Weighted-average shares used in diluted EPS 175,640 177,252 179,105 Basic (loss) earnings per share: Continuing operations $ (2.20) $ 0.21 $ 0.02 Discontinued operations — — (0.03) Net (loss) income $ (2.20) $ 0.21 $ (0.01) Diluted (loss) earnings per share: Continuing operations $ (2.20) $ 0.21 $ 0.02 Discontinued operations — — (0.03) Net (loss) income $ (2.20) $ 0.21 $ (0.01) Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive: 9,421 10,234 6,514 (1) Due to the net loss from continuing operations for the year ended December 31, 2023, an additional 4.0 million of common stock equivalents were also excluded from the calculation of diluted earnings per share.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2023
Inventory Disclosure [Abstract]
Summary of Inventory Components	Inventories consisted of the following: December 31, 2023 2022 Raw materials $ 21,201 $ 25,539 Supplies and service parts 25,522 27,573 Finished products 23,330 30,608 Total inventory, net $ 70,053 $ 83,720

Finance Assets and Lessor Ope_2

Finance Assets and Lessor Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Summary of Financing Receivables	Finance receivables consisted of the following: December 31, 2023 December 31, 2022 North America International Total North America International Total Sales-type lease receivables Gross finance receivables $ 987,743 $ 143,466 $ 1,131,209 $ 967,298 $ 158,167 $ 1,125,465 Unguaranteed residual values 38,059 7,211 45,270 38,832 8,798 47,630 Unearned income (253,711) (42,847) (296,558) (239,238) (48,334) (287,572) Allowance for credit losses (13,942) (2,786) (16,728) (14,131) (2,893) (17,024) Net investment in sales-type lease receivables 758,149 105,044 863,193 752,761 115,738 868,499 Loan receivables Loan receivables 342,062 17,865 359,927 311,887 16,636 328,523 Allowance for credit losses (6,346) (153) (6,499) (4,787) (139) (4,926) Net investment in loan receivables 335,716 17,712 353,428 307,100 16,497 323,597 Net investment in finance receivables $ 1,093,865 $ 122,756 $ 1,216,621 $ 1,059,861 $ 132,235 $ 1,192,096
Summary of Sales-type Lease Maturity	Maturities of finance receivables at December 31, 2023 were as follows: Sales-type Lease Receivables Loan Receivables North America International Total North America International Total 2024 $ 367,413 $ 58,142 $ 425,555 $ 254,964 $ 17,865 $ 272,829 2025 277,861 40,631 318,492 35,099 — 35,099 2026 192,750 25,379 218,129 25,818 — 25,818 2027 110,336 13,623 123,959 18,114 — 18,114 2028 38,034 4,809 42,843 6,438 — 6,438 Thereafter 1,349 882 2,231 1,629 — 1,629 Total $ 987,743 $ 143,466 $ 1,131,209 $ 342,062 $ 17,865 $ 359,927
Summary of Loan Receivable Maturity	Maturities of finance receivables at December 31, 2023 were as follows: Sales-type Lease Receivables Loan Receivables North America International Total North America International Total 2024 $ 367,413 $ 58,142 $ 425,555 $ 254,964 $ 17,865 $ 272,829 2025 277,861 40,631 318,492 35,099 — 35,099 2026 192,750 25,379 218,129 25,818 — 25,818 2027 110,336 13,623 123,959 18,114 — 18,114 2028 38,034 4,809 42,843 6,438 — 6,438 Thereafter 1,349 882 2,231 1,629 — 1,629 Total $ 987,743 $ 143,466 $ 1,131,209 $ 342,062 $ 17,865 $ 359,927
Schedule of Allowance for Credit Losses and Write-offs on Financing Receivables	Activity in the allowance for credit losses on finance receivables was as follows: Allowance for Credit Losses Sales-type Lease Receivables Loan Receivables North International North International Total Balance at December 31, 2020 $ 22,917 $ 6,006 $ 6,484 $ 462 $ 35,869 Amounts charged to expense 648 (1,788) (426) 19 (1,547) Write-offs (7,120) (846) (6,045) (302) (14,313) Recoveries 3,097 173 3,245 3 6,518 Other 4 (299) 1 (15) (309) Balance at December 31, 2021 19,546 3,246 3,259 167 26,218 Amounts charged to expense (2,476) 712 3,992 288 2,516 Write-offs (6,043) (791) (4,903) (295) (12,032) Recoveries 3,184 39 2,447 1 5,671 Other (80) (313) (8) (22) (423) Balance at December 31, 2022 14,131 2,893 4,787 139 21,950 Amounts charged to expense 2,096 1,178 4,847 389 8,510 Write-offs (4,757) (1,448) (5,182) (391) (11,778) Recoveries 2,454 181 1,893 — 4,528 Other 18 (18) 1 16 17 Balance at December 31, 2023 $ 13,942 $ 2,786 $ 6,346 $ 153 $ 23,227 The table below shows write-offs of gross finance receivables by year of origination. December 31, 2023 Sales Type Lease Receivables Loan Receivables Total 2023 2022 2021 2020 2019 Prior Write-offs $ 883 $ 1,680 $ 1,551 $ 1,079 $ 619 $ 393 $ 5,573 $ 11,778
Summary of Past Due Financing Receivables	The aging of gross finance receivables was as follows: December 31, 2023 Sales-type Lease Receivables Loan Receivables North International North International Total Past due amounts 0 - 90 days $ 977,744 $ 140,857 $ 339,789 $ 17,664 $ 1,476,054 Past due amounts > 90 days 9,999 2,609 2,273 201 15,082 Total $ 987,743 $ 143,466 $ 342,062 $ 17,865 $ 1,491,136 December 31, 2022 Sales-type Lease Receivables Loan Receivables North International North International Total Past due amounts 0 - 90 days $ 959,203 $ 155,596 $ 308,872 $ 16,503 $ 1,440,174 Past due amounts > 90 days 8,095 2,571 3,015 133 13,814 Total $ 967,298 $ 158,167 $ 311,887 $ 16,636 $ 1,453,988
Summary of Financing Receivable Credit Quality Indicators	The table below shows gross finance receivables by relative risk class and year of origination based on the relative scores of the accounts within each class as of December 31, 2023 and 2022. Sales Type Lease Receivables Loan Receivables Total 2023 2022 2021 2020 2019 Prior Low $ 261,583 $ 222,947 $ 155,193 $ 96,986 $ 46,635 $ 27,164 $ 264,232 $ 1,074,740 Medium 46,208 35,891 24,483 16,027 10,503 8,041 62,910 204,063 High 4,455 4,217 2,554 1,853 740 862 7,487 22,168 Not Scored 59,335 49,839 33,494 15,944 5,089 1,166 25,298 190,165 Total $ 371,581 $ 312,894 $ 215,724 $ 130,810 $ 62,967 $ 37,233 $ 359,927 $ 1,491,136 Sales Type Lease Receivables Loan Receivables Total 2022 2021 2020 2019 2018 Prior Low $ 286,297 $ 206,511 $ 140,800 $ 95,485 $ 34,721 $ 12,674 $ 239,635 $ 1,016,123 Medium 53,419 40,669 27,013 19,668 6,751 3,441 56,048 207,009 High 6,492 3,840 3,119 1,942 750 508 6,800 23,451 Not Scored 71,435 53,831 29,957 19,232 5,889 1,021 26,040 207,405 Total $ 417,643 $ 304,851 $ 200,889 $ 136,327 $ 48,111 $ 17,644 $ 328,523 $ 1,453,988
Summary of Sales-type Lease, Lease Income	Lease income from sales-type leases, excluding variable lease payments, was as follows: Years Ended December 31, 2023 2022 2021 Profit recognized at commencement $ 120,011 $ 134,717 $ 127,469 Interest income 154,998 163,485 186,532 Total lease income from sales-type leases $ 275,009 $ 298,202 $ 314,001
Summary of Lessor, Payments to be Received	We also lease mailing equipment under operating leases with terms of one 2024 $ 20,627 2025 19,939 2026 15,827 2027 4,573 2028 2,153 Total $ 63,119

Fixed Assets (Tables)

Fixed Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Summary of Fixed Assets	Fixed assets consisted of the following: December 31, 2023 2022 Machinery and equipment $ 669,122 $ 673,898 Capitalized software 569,525 516,816 Leasehold improvements 131,786 127,357 1,370,433 1,318,071 Accumulated depreciation (986,805) (897,399) Property, plant and equipment, net $ 383,628 $ 420,672 Rental property and equipment $ 76,719 $ 111,188 Accumulated depreciation (53,136) (83,701) Rental property and equipment, net $ 23,583 $ 27,487

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Intangible Assets Disclosure	Intangible assets consisted of the following: December 31, 2023 December 31, 2022 Gross Accumulated Net Gross Accumulated Net Customer relationships $ 155,712 $ (95,409) $ 60,303 $ 155,715 $ (80,188) $ 75,527 Software & technology 3,047 (1,100) 1,947 22,000 (19,583) 2,417 Total intangible assets, net $ 158,759 $ (96,509) $ 62,250 $ 177,715 $ (99,771) $ 77,944
Summary of Future Amortization	Future amortization expense for intangible assets at December 31, 2023 is as follows: 2024 $ 15,731 2025 15,527 2026 14,538 2027 11,481 2028 2,438 Thereafter 2,535 Total $ 62,250
Summary of Goodwill	Changes in the carrying amount of goodwill by reporting segment are shown in the tables below. Goodwill before accumulated impairment Accumulated impairment December 31, 2022 Impairment FX Impact December 31, 2023 Global Ecommerce $ 537,353 $ (198,169) $ 339,184 $ (339,184) $ — $ — Presort Services 223,763 — 223,763 — — 223,763 SendTech Solutions 504,004 — 504,004 — 6,642 510,646 Total goodwill $ 1,265,120 $ (198,169) $ 1,066,951 $ (339,184) $ 6,642 $ 734,409 Goodwill before accumulated impairment Accumulated impairment December 31, 2021 Acquisitions/(dispositions) FX Impact December 31, 2022 Global Ecommerce $ 593,231 $ (198,169) $ 395,062 $ (55,878) $ — $ 339,184 Presort Services 220,992 — 220,992 2,771 — 223,763 SendTech Solutions 519,049 — 519,049 — (15,045) 504,004 Total goodwill $ 1,333,272 $ (198,169) $ 1,135,103 $ (53,107) $ (15,045) $ 1,066,951

Fair Value Measurements and D_2

Fair Value Measurements and Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Summary of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following tables show, by level within the fair value hierarchy, our financial assets and liabilities that are accounted for at fair value on a recurring basis. December 31, 2023 Level 1 Level 2 Level 3 Total Assets: Investment securities Money market funds $ 13,366 $ 188,484 $ — $ 201,850 Equity securities — 15,341 — 15,341 Commingled fixed income securities 1,581 5,741 — 7,322 Government and related securities 11,489 18,999 — 30,488 Corporate debt securities — 54,330 — 54,330 Mortgage-backed / asset-backed securities — 119,901 — 119,901 Derivatives Interest rate swaps — 8,425 — 8,425 Total assets $ 26,436 $ 411,221 $ — $ 437,657 December 31, 2022 Level 1 Level 2 Level 3 Total Assets: Investment securities Money market funds $ 29,087 $ 238,536 $ — $ 267,623 Equity securities — 13,233 — 13,233 Commingled fixed income securities 1,520 6,526 — 8,046 Government and related securities 10,253 18,796 — 29,049 Corporate debt securities — 52,319 — 52,319 Mortgage-backed / asset-backed securities — 126,882 — 126,882 Derivatives Interest rate swap — 15,283 — 15,283 Foreign exchange contracts — 479 — 479 Total assets $ 40,860 $ 472,054 $ — $ 512,914 Liabilities: Derivatives Foreign exchange contracts $ — $ (1,472) $ — $ (1,472) Total liabilities $ — $ (1,472) $ — $ (1,472)
Summary of Available-for-sale Securities Reconciliation	Available-for-sale securities consisted of the following: December 31, 2023 Amortized cost Gross unrealized losses Estimated fair value Government and related securities $ 35,048 $ (7,018) $ 28,030 Corporate debt securities 65,008 (10,678) 54,330 Commingled fixed income securities 1,788 (207) 1,581 Mortgage-backed / asset-backed securities 146,022 (26,121) 119,901 Total $ 247,866 $ (44,024) $ 203,842 December 31, 2022 Amortized cost Gross unrealized gains Gross unrealized losses Estimated fair value Government and related securities $ 35,744 $ 11 $ (8,210) $ 27,545 Corporate debt securities 66,300 — (13,981) 52,319 Commingled fixed income securities 1,749 — (229) 1,520 Mortgage-backed / asset-backed securities 156,352 — (29,470) 126,882 Total $ 260,145 $ 11 $ (51,890) $ 208,266
Summary of Investment Securities in a Loss Position	Investment securities in a loss position were as follows: December 31, 2023 December 31, 2022 Fair Value Gross unrealized losses Fair Value Gross unrealized losses Greater than 12 continuous months Government and related securities $ 28,030 $ 7,018 $ 17,063 $ 2,753 Corporate debt securities 51,948 10,466 48,812 13,749 Mortgage-backed / asset-backed securities 119,901 26,121 114,839 28,040 Total $ 199,879 $ 43,605 $ 180,714 $ 44,542 Less than 12 continuous months Government and related securities $ — $ — $ 10,061 $ 5,457 Corporate debt securities 2,382 212 3,508 232 Commingled fixed income securities 1,581 207 1,520 229 Mortgage-backed / asset-backed securities — — 12,042 1,430 Total $ 3,963 $ 419 $ 27,131 $ 7,348
Summary of Available-For-Sale Securities	At December 31, 2023, scheduled maturities of available-for-sale securities were as follows: Amortized cost Estimated fair value Within 1 year $ 2,594 $ 2,382 After 1 year through 5 years 15,103 14,029 After 5 years through 10 years 70,702 60,099 After 10 years 159,467 127,332 Total $ 247,866 $ 203,842
Summary of Derivative Instruments in Statement of Financial Position, Fair Value	The fair value of our derivative instruments was as follows: December 31, Designation of Derivatives Balance Sheet Location 2023 2022 Derivatives designated as hedging instruments Foreign exchange contracts Other current assets and prepayments $ — $ 15 Accounts payable and accrued liabilities — (23) Interest rate swaps Other current assets and prepayments 8,425 — Other assets — 15,283 Derivatives not designated as hedging instruments Foreign exchange contracts Other current assets and prepayments — 464 Accounts payable and accrued liabilities — (1,449) Total derivative assets 8,425 15,762 Total derivative liabilities — (1,472) Total net derivative asset $ 8,425 $ 14,290
Summary of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following represents the results of cash flow hedging relationships: Years Ended December 31, Derivative Gain (Loss) Location of Gain (Loss) Gain (Loss) Reclassified Derivative Instrument 2023 2022 2023 2022 Foreign exchange contracts $ (25) $ 159 Cost of sales $ (33) $ 178 Interest rate swaps (6,858) 12,180 Interest expense 9,708 549 $ (6,883) $ 12,339 $ 9,675 $ 727
Summary of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following represents the mark-to-market adjustment on our non-designated derivative instruments: Years Ended December 31, Derivative Gain (Loss) Derivatives Instrument Location of Derivative Gain (Loss) 2023 2022 Foreign exchange contracts Selling, general and administrative expense $ 3,551 $ (28,228)
Summary of Fair Value, by Balance Sheet Grouping	The carrying value and estimated fair value of our debt was as follows: December 31, 2023 2022 Carrying value $ 2,146,032 $ 2,205,266 Fair value $ 1,893,620 $ 1,856,878

Supplemental Financial Statem_2

Supplemental Financial Statement Information (Tables)	12 Months Ended
	Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]
Summary of Selected Balance Sheet Information	Selected balance sheet information is as follows: December 31, 2023 2022 Other assets: Long-term investments $ 250,240 $ 259,977 Other 102,120 120,442 Total $ 352,360 $ 380,419 Accounts payable and accrued liabilities: Accounts payable $ 282,425 $ 315,351 Customer deposits 213,315 209,662 Employee related liabilities 240,159 216,273 Other 139,577 165,797 Total $ 875,476 $ 907,083 Other noncurrent liabilities: Pension liabilities $ 98,784 $ 74,681 Postretirement medical benefits 83,222 87,745 Customer deposits 83,995 10,757 Other 48,701 54,546 Total $ 314,702 $ 227,729
Summary of Accounts Receivable, Allowance for Credit Loss	Activity in the allowance for credit losses on accounts receivable is presented below. Years Ended December 31, 2023 2022 2021 Balance at beginning of year $ 5,864 $ 29,179 $ 35,344 Amounts charged to expense 8,177 6,421 9,355 Write-offs, recoveries and other (7,902) (29,736) (15,520) Balance at end of period $ 6,139 $ 5,864 $ 29,179 Accounts and other receivables $ 6,139 $ 5,344 $ 11,168 Other assets — 520 18,011 Total $ 6,139 $ 5,864 $ 29,179
Summary of Other (Income) Expense	Other (income) expense consisted of the following: Years Ended December 31, 2023 2022 2021 (Gain) loss on redemption/refinancing of debt $ (3,064) $ 4,993 $ 56,209 Insurance proceeds — — (3,000) Gain on sale of assets — (14,372) (1,434) Gain on sale of businesses, including transaction costs — (12,239) (10,201) Other (income) expense $ (3,064) $ (21,618) $ 41,574
Summary of Supplemental Cash Flow Information	Supplemental cash flow information is as follows: Years Ended December 31, 2023 2022 2021 Purchases of property and equipment in accounts payable $ 4,764 $ 5,213 $ 5,305 Cash interest paid $ 164,046 $ 134,247 $ 124,084 Cash income tax payments, net of refunds $ 22,626 $ 14,553 $ 4,337

Restructuring Charges (Tables)

Restructuring Charges (Tables)	12 Months Ended
	Dec. 31, 2023
Restructuring and Related Activities [Abstract]
Summary of Restructuring Reserve by Type of Cost	Activity in our restructuring reserves was as follows: 2023 Plan Prior Plan Total Balance at December 31, 2021 $ — $ 5,747 $ 5,747 Amounts charged to expense — 18,715 18,715 Cash payments — (15,406) (15,406) Noncash activity — (1,409) (1,409) Balance at December 31, 2022 — 7,647 7,647 Amounts charged to expense 57,986 3,599 61,585 Cash payments (23,197) (11,246) (34,443) Noncash activity (8,661) — (8,661) Balance at December 31, 2023 $ 26,128 $ — $ 26,128
Summary of Restructuring and Related Costs	Components of restructuring expense were as follows: Year Ended December 31, 2023 Year Ended December 31, 2022 2023 Plan Prior Plan Total Prior Plan Severance $ 49,325 $ 3,057 $ 52,382 $ 14,750 Facilities and other 8,661 542 9,203 3,965 Total $ 57,986 $ 3,599 $ 61,585 $ 18,715

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Summary of Long-term Debt Instruments	December 31, Interest rate 2023 2022 Notes due March 2024 4.625% — 236,749 Term loan due March 2026 SOFR + 2.25% 285,500 351,500 Notes due March 2027 6.875% 380,000 396,750 Notes due March 2028 SOFR + 6.9% 274,313 — Term loan due March 2028 SOFR + 4.0% 437,625 442,125 Notes due March 2029 7.25% 350,000 350,000 Notes due January 2037 5.25% 35,841 35,841 Notes due March 2043 6.70% 425,000 425,000 Other debt 1,181 2,446 Principal amount 2,189,460 2,240,411 Less: unamortized costs, net 43,428 35,145 Total debt 2,146,032 2,205,266 Less: current portion long-term debt 58,931 32,764 Long-term debt $ 2,087,101 $ 2,172,502
Summary of Maturities of Long-term Debt	Annual maturities of outstanding principal at December 31, 2023 are as follows: 2024 $ 58,931 2025 53,250 2026 196,250 2027 387,250 2028 682,938 Thereafter 810,841 Total $ 2,189,460

Retirement Plans and Postreti_2

Retirement Plans and Postretirement Medical Benefits (Tables)	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Summary of Change in Benefit Obligation, Plan Assets and the Funded Status of Defined Benefit Pension Plans	The benefit obligations and funded status of defined benefit pension plans are as follows: United States Foreign 2023 2022 2023 2022 Accumulated benefit obligation $ 1,205,108 $ 1,205,135 $ 488,531 $ 447,401 Projected benefit obligation Benefit obligation - beginning of year $ 1,205,183 $ 1,609,508 $ 451,337 $ 770,468 Service cost 44 55 766 1,214 Interest cost 63,533 44,348 21,238 13,568 Net actuarial loss (gain) 36,882 (349,261) 22,984 (242,488) Foreign currency changes — — 19,854 (68,519) Settlements (2,892) (1,574) (213) — Benefits paid (97,610) (97,893) (23,199) (22,906) Benefit obligation - end of year $ 1,205,140 $ 1,205,183 $ 492,767 $ 451,337 Fair value of plan assets Fair value of plan assets - beginning of year $ 1,161,361 $ 1,549,157 $ 438,403 $ 737,443 Actual return on plan assets 86,044 (293,968) 17,057 (218,325) Company contributions 6,587 5,639 16,034 8,731 Settlements (2,892) (1,574) (213) — Foreign currency changes — — 18,605 (66,540) Benefits paid (97,610) (97,893) (23,199) (22,906) Fair value of plan assets - end of year $ 1,153,490 $ 1,161,361 $ 466,687 $ 438,403 Amounts recognized in the Consolidated Balance Sheets Noncurrent asset $ — $ — $ 27,805 $ 26,570 Current liability (5,057) (7,294) (1,694) (1,351) Noncurrent liability (46,593) (36,528) (52,191) (38,153) Funded status $ (51,650) $ (43,822) $ (26,080) $ (12,934)
Summary of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets	Information provided in the table below is only for pension plans with an accumulated benefit obligation in excess of plan assets: United States Foreign 2023 2022 2023 2022 Projected benefit obligation $ 1,205,141 $ 1,205,183 $ 396,690 $ 38,238 Accumulated benefit obligation $ 1,205,108 $ 1,205,135 $ 392,586 $ 37,972 Fair value of plan assets $ 1,153,490 $ 1,161,361 $ 342,805 $ —
Summary of Amounts Recognized in Other Comprehensive Income (Loss)	Pretax amounts recognized in AOCI consist of: United States Foreign 2023 2022 2023 2022 Net actuarial loss $ 717,530 $ 698,815 $ 331,536 $ 297,753 Prior service (credit) cost (85) (105) 7,266 7,552 Transition asset — — (7) (7) Total $ 717,445 $ 698,710 $ 338,795 $ 305,298 Other changes in plan assets and benefit obligations for defined benefit pension plans recognized in other comprehensive income were as follows: United States Foreign 2023 2022 2023 2022 Net actuarial loss $ 36,846 $ 15,788 $ 35,826 $ 2,607 Amortization of net actuarial loss (17,362) (33,164) (2,068) (6,767) Amortization of prior service credit (cost) 20 44 (286) (252) Settlements (771) (394) 25 — Total recognized in other comprehensive income $ 18,733 $ (17,726) $ 33,497 $ (4,412) Other changes in benefit obligation for postretirement medical benefit plans recognized in other comprehensive income were as follows: 2023 2022 Net actuarial gain $ (206) $ (31,512) Amortization of net actuarial loss 2,249 (68) Total recognized in other comprehensive income $ 2,043 $ (31,580)
Summary of Costs (Income) of Retirement Plans	The components of net periodic benefit (income) cost for defined benefit pension plans were as follows: United States Foreign 2023 2022 2021 2023 2022 2021 Service cost $ 44 $ 55 $ 102 $ 766 $ 1,214 $ 1,528 Interest cost 63,533 44,348 42,434 21,238 13,568 11,811 Expected return on plan assets (86,008) (71,080) (77,119) (29,899) (26,770) (31,869) Amortization of prior service (credit) cost (20) (44) (60) 286 252 268 Amortization of net actuarial loss 17,362 33,164 38,233 2,068 6,767 9,350 Settlements 771 394 551 (25) — — Net periodic benefit (income) cost $ (4,318) $ 6,837 $ 4,141 $ (5,566) $ (4,969) $ (8,912) The components of net periodic benefit cost for postretirement medical benefit plans were as follows: 2023 2022 2021 Service cost $ 367 $ 731 $ 909 Interest cost 5,031 3,679 3,755 Amortization of prior service cost — — 129 Amortization of net actuarial loss (2,249) 68 4,090 Net periodic benefit cost $ 3,149 $ 4,478 $ 8,883
Summary of Weighted Average Assumptions Used to Determine Net Periodic Benefit Costs	Weighted-average actuarial assumptions used to determine year end benefit obligations and net periodic benefit cost for defined benefit pension plans include: 2023 2022 2021 United States Used to determine benefit obligations Discount rate 5.15% 5.55% 2.85% Rate of compensation increase N/A N/A N/A Used to determine net periodic benefit cost Discount rate 5.55% 2.85% 2.54% Expected return on plan assets 6.50% 5.10% 5.60% Rate of compensation increase N/A N/A N/A Foreign Used to determine benefit obligations Discount rate 1.95 % - 4.60% 1.95 % - 5.10% 0.85 % - 2.85% Rate of compensation increase 2.00 % - 3.50% 2.00 % - 3.00% 1.50 % - 3.65% Used to determine net periodic benefit cost Discount rate 1.95 % - 5.10% 0.85 % - 2.85% 0.70 % - 2.40% Expected return on plan assets 2.75 % - 5.26% 3.75 % - 5.75% 3.50 % - 5.75% Rate of compensation increase 2.00 % - 3.60% 1.50 % - 2.50% 1.50 % - 2.50% The weighted-average discount rates used to determine end of year benefit obligation and net periodic pension cost include: 2023 2022 2021 Discount rate used to determine benefit obligation U.S. 5.20 % 5.60 % 2.80 % Canada 4.60 % 5.15 % 2.90 % Discount rate used to determine net period benefit cost U.S. 5.60 % 2.80 % 2.35 % Canada 5.15 % 2.90 % 2.50 %
Summary of Target Allocation and Percentage of Plan Assets for Domestic Pension Plan	Target and actual asset allocations for the U.S. pension plans were as follows: Target allocation Percent of Plan Assets at December 31, 2024 2023 2022 Asset category Equities 16 % 15 % 15 % Multi-asset credit 2 % 2 % 2 % Fixed income 76 % 76 % 74 % Real estate 5 % 6 % 8 % Private equity 1 % 1 % 1 % Total 100 % 100 % 100 %
Summary of Target Allocation and Percentage of Plan Assets for Foreign Pension Plan	Target and actual asset allocations for the U.K. Plan, which comprises 74% of the total foreign pension plan assets, were as follows: Target Allocation Percent of Plan Assets at December 31, 2024 2023 2022 Asset category Global equities 10 % 8 % 8 % Fixed income 70 % 69 % 70 % Multi-asset credit 10 % 8 % — % Real estate 10 % 13 % 13 % Diversified growth — % — % 8 % Cash — % 2 % 1 % Total 100 % 100 % 100 %
Summary of Fair Value Measurement of Plan Assets	The following tables show the U.S. and foreign pension plans' assets, by level within the fair value hierarchy. The plan asset categories presented in the following tables are subsets of the broader asset allocation categories. United States Pension Plans December 31, 2023 Level 1 Level 2 Level 3 Total Money market funds $ — $ 13,842 $ — $ 13,842 Equity securities — 102,795 — 102,795 Commingled fixed income securities — 220,041 — 220,041 Government and related securities 170,540 28,518 — 199,058 Corporate debt securities — 545,615 — 545,615 Mortgage-backed /asset-backed securities — 49,300 — 49,300 Real estate — — 67,256 67,256 Securities lending collateral — 104,630 — 104,630 Total plan assets at fair value $ 170,540 $ 1,064,741 $ 67,256 $ 1,302,537 Securities lending payable (104,630) Investments valued at NAV 5,615 Cash 1,240 Other (51,272) Fair value of plan assets $ 1,153,490 December 31, 2022 Level 1 Level 2 Level 3 Total Money market funds $ — $ 10,623 $ — $ 10,623 Equity securities — 137,505 — 137,505 Commingled fixed income securities — 220,281 — 220,281 Government and related securities 114,084 21,479 — 135,563 Corporate debt securities — 527,407 — 527,407 Mortgage-backed /asset-backed securities — 26,450 — 26,450 Real estate — — 91,500 91,500 Securities lending collateral — 113,802 — 113,802 Total plan assets at fair value $ 114,084 $ 1,057,547 $ 91,500 $ 1,263,131 Securities lending payable (113,802) Investments valued at NAV 10,416 Cash 3,525 Other (1,909) Fair value of plan assets $ 1,161,361 Foreign Plans December 31, 2023 Level 1 Level 2 Level 3 Total Money market funds $ — $ 5,997 $ — $ 5,997 Equity securities — 44,088 — 44,088 Commingled fixed income securities — 295,105 — 295,105 Government and related securities — 38,028 — 38,028 Corporate debt securities — 28,389 — 28,389 Real estate — 4,869 43,205 48,074 Diversified growth funds — — — — Total plan assets at fair value $ — $ 416,476 $ 43,205 $ 459,681 Cash 6,501 Other 505 Fair value of plan assets $ 466,687 December 31, 2022 Level 1 Level 2 Level 3 Total Money market funds $ — $ 8,338 $ — $ 8,338 Equity securities — 42,717 — 42,717 Commingled fixed income securities — 247,337 — 247,337 Government and related securities — 35,887 — 35,887 Corporate debt securities — 26,336 — 26,336 Real estate — 4,446 42,980 47,426 Diversified growth funds — — 24,394 24,394 Total plan assets at fair value $ — $ 365,061 $ 67,374 $ 432,435 Cash 5,485 Other 483 Fair value of plan assets $ 438,403
Summary of Changes in Fair Value of Level 3 Assets Domestic	The following table summarizes the changes in the fair value of Level 3 assets: U.S. Plans Foreign Plans Real estate Real estate Diversified Growth Funds Balance at December 31, 2021 $ 77,494 $ 52,491 $ 52,169 Realized gains 1,058 — — Unrealized gains (losses) 12,666 (6,741) (5,933) Net purchases, sales and settlements 282 1,729 (16,474) Foreign currency and other — (4,499) (5,368) Balance at December 31, 2022 91,500 42,980 24,394 Realized gains 4,505 — — Unrealized losses (18,386) (3,951) (3,133) Net purchases, sales and settlements (10,363) 2,014 (22,396) Foreign currency and other — 2,162 1,135 Balance at December 31, 2023 $ 67,256 $ 43,205 $ —
Summary of Change in Benefit Obligation, Plan Assets and the Funded Status of Nonpension Benefit Plans	The benefit obligation and funded status for postretirement medical benefit plans are as follows: 2023 2022 Benefit obligation Benefit obligation - beginning of year $ 99,275 $ 139,516 Service cost 367 731 Interest cost 5,031 3,679 Net actuarial gain (206) (31,512) Foreign currency changes 214 (740) Benefits paid, net (11,194) (12,399) Benefit obligation - end of year (1) $ 93,487 $ 99,275 Fair value of plan assets Fair value of plan assets - beginning of year $ — $ — Company contribution 11,194 12,399 Benefits paid, net (11,194) (12,399) Fair value of plan assets - end of year $ — $ — Amounts recognized in the Consolidated Balance Sheets Current liability $ (10,265) $ (11,530) Noncurrent liability (83,222) (87,745) Funded status $ (93,487) $ (99,275) (1) Includes a benefit obligation for the U.S. postretirement plan of $84 million and $90 million at December 31, 2023 and 2022, respectively. Pretax amounts recognized in AOCL consist of: 2023 2022 Net actuarial gain $ (14,360) $ (16,405)
Summary of Expected Benefit Payments	The following benefit payments, which reflect expected future service, are expected to be paid. Pension Benefits Postretirement Medical Benefits 2024 $ 123,016 $ 10,514 2025 123,566 10,065 2026 121,323 9,626 2027 120,468 9,130 2028 120,025 8,654 Thereafter 576,290 36,181 $ 1,184,688 $ 84,170

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Summary of Components of (Loss) Income before Tax, Domestic and Foreign	(Loss) income from continuing operations before taxes consisted of the following: Years Ended December 31, 2023 2022 2021 U.S. $ (472,848) $ (39,294) $ (85,258) International 66,346 79,174 77,843 Total $ (406,502) $ 39,880 $ (7,415)
Summary of Components of Income Tax (Benefit) Provision	The (benefit) provision for income taxes from continuing operations consisted of the following: Years Ended December 31, 2023 2022 2021 U.S. Federal: Current $ 13,722 $ 223 $ (7,419) Deferred (44,504) (12,284) (13,825) (30,782) (12,061) (21,244) U.S. State and Local: Current 5,641 (9,716) 5,401 Deferred (12,189) 7,137 (5,827) (6,548) (2,579) (426) International: Current 10,577 8,745 10,979 Deferred 5,878 8,835 (231) 16,455 17,580 10,748 Total current 29,940 (748) 8,961 Total deferred (50,815) 3,688 (19,883) Total (benefit) provision for income taxes $ (20,875) $ 2,940 $ (10,922) Effective tax rate 5.1 % 7.4 % 147.3 %
Summary of Reconciliation of Effective Income Tax Rate Reconciliation	A reconciliation of income taxes computed at the federal statutory rate and our provision for income taxes consist of the following: Years Ended December 31, 2023 2022 2021 Federal statutory provision $ (85,366) $ 8,375 $ (1,558) State and local income taxes (1) (5,173) (1,612) (336) Impact of foreign operations taxed at rates other than the U.S. statutory rate (2) 2,646 3,349 (2,220) Accrual/release of uncertain tax amounts related to foreign operations (2,829) (2,753) (7,288) U.S. tax impacts of foreign income in the U.S. (3) 1,099 1,089 4,441 CARES Act carryback benefit — — (2,270) Tax credits (1,683) (850) (500) Unrealized stock compensation benefits 574 572 (505) Goodwill impairment 68,557 — — Borderfree tax basis differences — (5,610) — Other, net (4) 1,300 380 (686) (Benefit) provision for income taxes $ (20,875) $ 2,940 $ (10,922) (1) Includes a benefit of $1 million related to tax resolutions and a benefit of $1 million for tax return true-ups for the year ended December 31, 2022. (2) Includes a charge of $2 million for a deferred rate change and a charge of $1 million for the establishment of a valuation allowance for the year ended December 31, 2022 and a benefit of $5 million for a deferred rate change for the year ended December 31, 2021. (3) Includes a benefit of $1 million for the year ended December 31, 2022 associated with the sale of a business. (4)
Summary of Components of Deferred Tax Assets and Liabilities	Deferred tax liabilities and assets consisted of the following: December 31, 2023 2022 Deferred tax liabilities: Depreciation $ (16,585) $ (51,717) Deferred profit (for tax purposes) on sale to finance subsidiary (43,057) (26,765) Lease revenue and related depreciation (205,773) (216,282) Intangible assets (60,420) (65,916) Operating lease liability (76,910) (73,403) Basis adjustment in subsidiary (51,548) — Other (19,690) (27,366) Gross deferred tax liabilities (473,983) (461,449) Deferred tax assets: Postretirement medical benefits 23,472 24,892 Pension 15,042 9,640 Operating lease asset 83,696 78,765 Long-term incentives 11,814 12,946 Net operating and capital losses 182,482 130,640 Tax credit carry forwards 65,095 66,256 Section 163j carryforward 47,802 23,917 Tax uncertainties gross-up 4,904 4,982 Other 48,537 50,345 Gross deferred tax assets 482,844 402,383 Less: Valuation allowance (159,342) (157,450) Net deferred tax assets 323,502 244,933 Total deferred taxes, net $ (150,481) $ (216,516)
Summary of Tax Uncertainties Roll Forward	A reconciliation of the amount of unrecognized tax benefits is as follows: 2023 2022 2021 Balance at beginning of year $ 33,300 $ 45,072 $ 50,064 Increases from prior period positions 343 6 3,016 Decreases from prior period positions (524) (6,830) (4,247) Increases from current period positions 400 340 492 Decreases relating to settlements with tax authorities (350) (1,966) (1,270) Reductions from lapse of applicable statute of limitations (2,937) (3,322) (2,983) Balance at end of year $ 30,232 $ 33,300 $ 45,072

Leased Assets and Liabilities (

Leased Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Summary of Operating and Finance Lease Assets and Liabilities	Leases Balance Sheet Location December 31, 2023 December 31, 2022 Assets Operating Operating lease assets $ 309,958 $ 296,129 Finance Property, plant and equipment, net 51,049 54,063 Total leased assets $ 361,007 $ 350,192 Liabilities Operating Current operating lease liabilities $ 60,069 $ 52,576 Noncurrent operating lease liabilities 277,981 265,696 Finance Accounts payable and accrued liabilities 13,005 11,690 Other noncurrent liabilities 40,530 43,858 Total lease liabilities $ 391,585 $ 373,820
Summary of Components of Lease Expense	Years Ended December 31, Lease Cost 2023 2022 2021 Operating lease expense $ 87,876 $ 67,041 $ 62,269 Finance lease expense Amortization of leased assets 13,043 12,321 9,191 Interest on lease liabilities 3,407 3,323 2,826 Variable lease expense 28,018 26,870 33,924 Sublease income (466) (1,086) (1,761) Total expense $ 131,878 $ 108,469 $ 106,449
Summary of Future Payments of Finance Lease Liabilities	Future Lease Payments Operating Leases Finance Leases Total 2024 $ 88,000 $ 16,341 $ 104,341 2025 82,817 14,634 97,451 2026 72,006 12,516 84,522 2027 62,721 10,376 73,097 2028 53,899 7,008 60,907 Thereafter 71,379 2,005 73,384 Total 430,822 62,880 493,702 Less: present value discount 92,772 9,345 102,117 Lease liability $ 338,050 $ 53,535 $ 391,585
Summary of Future Payments of Operating Lease Liabilities	Operating lease expense includes immaterial amounts related to leases with terms of 12 months or less. Future Lease Payments Operating Leases Finance Leases Total 2024 $ 88,000 $ 16,341 $ 104,341 2025 82,817 14,634 97,451 2026 72,006 12,516 84,522 2027 62,721 10,376 73,097 2028 53,899 7,008 60,907 Thereafter 71,379 2,005 73,384 Total 430,822 62,880 493,702 Less: present value discount 92,772 9,345 102,117 Lease liability $ 338,050 $ 53,535 $ 391,585
Summary of Weighted-Average Remaining Lease Terms and Weighted-Average Discount Rates	Lease Term and Discount Rate December 31, 2023 December 31, 2022 Weighted-average remaining lease term Operating leases 5.6 years 6.4 years Finance leases 4.4 years 5.1 years Weighted-average discount rate Operating leases 9.5% 8.2% Finance leases 7.7% 6.2%
Summary of Supplemental Cash Flow Information	Years Ended December 31, Cash Flow Information 2023 2022 2021 Operating cash outflows - operating leases $ 84,024 $ 65,012 $ 59,748 Operating cash outflows - finance leases $ 3,407 $ 3,323 $ 2,826 Financing cash outflows - finance leases $ 12,154 $ 11,091 $ 7,707 Leased assets obtained in exchange for new lease obligations Operating leases $ 74,778 $ 135,359 $ 48,662 Finance leases $ 9,158 $ 20,927 $ 30,840

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Stockholders' Equity Note [Abstract]
Summary of Stockholders Equity	The following table summarizes the changes in shares of Common Stock outstanding and Treasury Stock: Common Stock Outstanding Treasury Stock Balance at December 31, 2020 171,975,188 151,362,724 Issuance of treasury stock 2,756,207 (2,756,207) Balance at December 31, 2021 174,731,395 148,606,517 Repurchases of common stock (2,750,000) 2,750,000 Issuance of treasury stock 2,049,192 (2,049,192) Balance at December 31, 2022 174,030,587 149,307,325 Retirement of treasury stock — (53,000,000) Issuance of treasury stock 2,335,246 (2,335,246) Balance at December 31, 2023 176,365,833 93,972,079

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Summary of Reclassification out of Accumulated Other Comprehensive Loss	Reclassifications out of accumulated other comprehensive loss were as follows: Gain (Loss) Reclassified from AOCL (a) Years Ended December 31, 2023 2022 2021 Cash flow hedges Revenue $ — $ — $ 289 Cost of sales (33) 178 (117) Interest expense 9,708 549 (366) Total before tax 9,675 727 (194) Tax provision (benefit) 2,419 181 (49) Net of tax $ 7,256 $ 546 $ (145) Available for sale securities Financing revenue $ (11) $ (9) $ (6) Selling, general and administrative expense — — (7) Total before tax (11) (9) (13) Tax benefit (3) (2) (2) Net of tax $ (8) $ (7) $ (11) Pension and Postretirement Benefit Plans (b) Prior service costs $ (266) $ (208) $ (337) Actuarial losses (17,181) (39,999) (51,673) Settlement (746) (394) (551) Total before tax (18,193) (40,601) (52,561) Tax benefit (4,461) (9,315) (12,755) Net of tax $ (13,732) $ (31,286) $ (39,806) (a) Amounts in parentheses indicate reductions to income and increases to other comprehensive income. (b) Reclassified from accumulated other comprehensive loss to other components of net pension and postretirement cost. These amounts are included in net periodic costs for defined benefit pension plans and postretirement medical benefit plans (see Note 14 for additional details).
Summary of Accumulated Other Comprehensive Loss	Changes in accumulated other comprehensive loss, net of tax, were as follows: Cash flow hedges Available-for-sale securities Pension and postretirement benefit plans Foreign currency adjustments Total Balance at December 31, 2020 $ (1,411) $ 402 $ (851,063) $ 12,941 $ (839,131) Other comprehensive income (loss) before reclassifications 5,069 (6,662) 54,618 (34,168) 18,857 Amounts reclassified from accumulated other comprehensive loss 145 11 39,806 — 39,962 Net other comprehensive income (loss) 5,214 (6,651) 94,424 (34,168) 58,819 Balance at December 31, 2021 3,803 (6,249) (756,639) (21,227) (780,312) Other comprehensive income (loss) before reclassifications 9,246 (33,198) 9,297 (71,344) (85,999) Amounts reclassified from accumulated other comprehensive loss (546) 7 31,286 — 30,747 Net other comprehensive income (loss) 8,700 (33,191) 40,583 (71,344) (55,252) Balance at December 31, 2022 12,503 (39,440) (716,056) (92,571) (835,564) Other comprehensive (loss) income before reclassifications 1,715 5,969 (55,128) 25,279 (22,165) Amounts reclassified from accumulated other comprehensive loss (7,256) 8 13,732 — 6,484 Net other comprehensive (loss) income (5,541) 5,977 (41,396) 25,279 (15,681) Balance at December 31, 2023 $ 6,962 $ (33,463) $ (757,452) $ (67,292) $ (851,245)

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Summary of Share-based Compensation, Restricted Stock Units Award Activity	The following table summarizes information about RSUs: 2023 2022 Shares Weighted average fair value Shares Weighted average fair value Outstanding - beginning of the year 7,197,755 $ 6.09 5,738,293 $ 6.95 Granted 2,068,825 4.19 5,280,429 4.82 Vested (2,819,824) 5.53 (2,221,027) 6.10 Forfeited (921,563) 5.63 (1,599,940) 4.69 Outstanding - end of the year 5,525,193 $ 5.74 7,197,755 $ 6.09
Summary of Share-based Compensation, Performance Stock Units Award Activity	2023 2022 Shares Weighted average fair value Shares Weighted average fair value Outstanding - beginning of the year 811,620 $ 9.57 1,009,091 $ 6.60 Vested — — (197,471) 6.73 Outstanding - end of the year 811,620 $ 9.57 811,620 $ 9.57
Summary of Share-based Compensation, Stock Options, Activity	The following table summarizes information about stock option activity: 2023 2022 Shares Per share weighted average exercise prices Shares Per share weighted average exercise prices Options outstanding - beginning of the year 10,027,048 $ 9.91 11,120,069 $ 10.65 Canceled (435,403) 7.91 (93,021) 8.09 Expired (440,000) 20.27 (1,000,000) 18.29 Options outstanding - end of the year 9,151,645 $ 9.50 10,027,048 $ 9.91 Options exercisable - end of the year 9,057,268 $ 9.52 8,912,286 $ 10.42
Summary of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range	The following table provides additional information about stock options outstanding and exercisable at December 31, 2023: Options Outstanding Options Exercisable Range of per share exercise prices Shares Per share weighted-average exercise price Weighted-average remaining contractual life Shares Per share weighted-average exercise price Weighted-average remaining contractual life $3.98 - $6.60 4,250,995 $ 5.05 5.5 years 4,250,995 $ 5.05 5.5 years $8.55 - $8.76 744,908 $ 8.63 6.7 years 650,531 $ 8.63 6.7 years $12.64 - $21.54 4,155,742 $ 14.21 3.0 years 4,155,742 $ 14.21 3.0 years 9,151,645 $ 9.50 4.5 years 9,057,268 $ 9.52 4.5 years
Summary of Share-based Payment Award, Stock Options, Valuation Assumptions	The following table lists the weighted average assumptions used to calculate the fair value of stock options granted in 2021: Expected dividend yield 2.4 % Expected stock price volatility 70.0 % Risk-free interest rate 1.1 % Expected life 7 years Weighted-average fair value per option granted $4.53 Fair value of options granted $3,342

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Income (loss) from continuing operations before income taxes			$ (406,502,000)	$ 39,880,000	$ (7,415,000)
Restricted cash	$ 3,000,000		3,000,000	1,000,000
Marketable securities, unrealized losses			$ 0	0	0
Revenue recognition discontinuation period (more than)	90 days		90 days
Revenue recognition resume period (less than)			60 days
Finite-lived intangible assets, estimated useful lives	10 years		10 years
Amortization expense			$ 18,000,000	22,000,000	18,000,000
Recognition period			5 years
Goodwill impairment	$ 220,000,000	$ 119,000,000	$ 339,184,000	0	$ 0
Other assets
Property, Plant and Equipment [Line Items]
Unamortized contract costs	$ 39,000,000		$ 39,000,000	41,000,000
Minimum
Property, Plant and Equipment [Line Items]
Lease period			3 years
Maximum
Property, Plant and Equipment [Line Items]
Lease period			5 years
Buildings
Property, Plant and Equipment [Line Items]
Estimated useful lives	50 years		50 years
Building improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives	10 years		10 years
Building improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives	20 years		20 years
Software development costs | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years		3 years
Machinery and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years		3 years
Machinery and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives	12 years		12 years
Rental equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years		3 years
Rental equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives	6 years		6 years
Revision of prior period, error correction, adjustment
Property, Plant and Equipment [Line Items]
Income (loss) from continuing operations before income taxes				$ 3,000,000

Revenue (Disaggregates of Reven

Revenue (Disaggregates of Revenue) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing	$ 3,266,348	$ 3,538,042	$ 3,673,561
Total revenue	3,266,348	3,538,042	3,673,561
ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	2,691,656	2,930,340	3,046,015
Products/services transferred at a point in time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	306,414	318,438	318,077
Products/services transferred over time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	2,385,242	2,611,902	2,727,938
Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	1,355,326	1,576,348	1,702,580
Revenue from leasing transactions and financing	1,355,326	1,576,348	1,702,580
Global Ecommerce | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	1,355,326	1,576,348	1,702,580
Global Ecommerce | Products/services transferred at a point in time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Global Ecommerce | Products/services transferred over time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	1,355,326	1,576,348	1,702,580
Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	617,599	602,016	573,480
Revenue from leasing transactions and financing	617,599	602,016	573,480
Presort Services | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	617,599	602,016	573,480
Presort Services | Products/services transferred at a point in time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Presort Services | Products/services transferred over time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	617,599	602,016	573,480
SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	1,293,423	1,359,678	1,397,501
Revenue from leasing transactions and financing	1,293,423	1,359,678	1,397,501
SendTech Solutions | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	718,731	751,976	769,955
SendTech Solutions | Products/services transferred at a point in time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	306,414	318,438	318,077
SendTech Solutions | Products/services transferred over time | ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services	412,317	433,538	451,878
Sales and Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	2,691,656	2,930,340	3,046,015
Revenue from leasing transactions and financing	574,692	607,702	627,546
Total revenue	3,266,348	3,538,042	3,673,561
Sales and Services | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	1,355,326	1,576,348	1,702,580
Sales and Services | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	617,599	602,016	573,480
Sales and Services | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	718,731	751,976	769,955
Business services
Disaggregation of Revenue [Line Items]
Revenue from products and services	2,045,069	2,249,941	2,334,674
Revenue from leasing transactions and financing	0	0	0
Total revenue	2,045,069	2,249,941	2,334,674
Business services | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	1,355,326	1,576,348	1,702,580
Business services | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	617,599	602,016	573,480
Business services | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	72,144	71,577	58,614
Support services
Disaggregation of Revenue [Line Items]
Revenue from products and services	410,734	438,191	460,888
Revenue from leasing transactions and financing	0	0	0
Total revenue	410,734	438,191	460,888
Support services | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Support services | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Support services | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	410,734	438,191	460,888
Financing
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Revenue from leasing transactions and financing	271,197	274,508	294,418
Total revenue	271,197	274,508	294,418
Financing | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Financing | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Financing | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Equipment sales
Disaggregation of Revenue [Line Items]
Revenue from products and services	88,144	88,022	91,015
Revenue from leasing transactions and financing	235,595	266,938	259,123
Total revenue	323,739	354,960	350,138
Equipment sales | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Equipment sales | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Equipment sales | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	88,144	88,022	91,015
Supplies
Disaggregation of Revenue [Line Items]
Revenue from products and services	147,709	154,186	159,438
Revenue from leasing transactions and financing	0	0	0
Total revenue	147,709	154,186	159,438
Supplies | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Supplies | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Supplies | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	147,709	154,186	159,438
Rentals
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Revenue from leasing transactions and financing	67,900	66,256	74,005
Total revenue	67,900	66,256	74,005
Rentals | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Rentals | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Rentals | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from products and services	0	0	0
Revenue from leasing transactions and financing
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing	574,692	607,702	627,546
Revenue from leasing transactions and financing | Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing	0	0	0
Revenue from leasing transactions and financing | Presort Services
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing	0	0	0
Revenue from leasing transactions and financing | SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing	$ 574,692	$ 607,702	$ 627,546

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Advanced billings, revenue recognized	$ 79
Advanced billings from lease	$ 7	$ 7
Expected timing of satisfaction period, not included	12 months
Business services | Minimum
Disaggregation of Revenue [Line Items]
Period of recognition	1 year
Business services | Maximum
Disaggregation of Revenue [Line Items]
Period of recognition	5 years
Support services | Minimum
Disaggregation of Revenue [Line Items]
Period of recognition	1 year
Support services | Maximum
Disaggregation of Revenue [Line Items]
Period of recognition	5 years

Revenue (Advance Billings) (Det

Revenue (Advance Billings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Advance billings, current	$ 82,124	$ 97,904
Advance billings, noncurrent	507	$ 906
Increase (decrease)
Advance billings, current	(15,780)
Advance billings, noncurrent	$ (399)

Revenue (Future Performance Obl

Revenue (Future Performance Obligations) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 694,342
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 241,205
Expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 196,422
Expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 256,715
Expected timing of satisfaction period	3 years

Segment Information (Revenues)

Segment Information (Revenues) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenue	$ 3,266,348	$ 3,538,042	$ 3,673,561
United States
Segment Reporting Information [Line Items]
Revenue	2,899,502	3,065,211	3,114,905
Outside United States
Segment Reporting Information [Line Items]
Revenue	366,846	472,831	558,656
Global Ecommerce
Segment Reporting Information [Line Items]
Total from contracts with customers	1,355,326	1,576,348	1,702,580
Presort Services
Segment Reporting Information [Line Items]
Total from contracts with customers	617,599	602,016	573,480
SendTech Solutions
Segment Reporting Information [Line Items]
Total from contracts with customers	$ 1,293,423	$ 1,359,678	$ 1,397,501

Segment Information (EBIT) (Det

Segment Information (EBIT) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciling items:
Restructuring charges			$ (61,585)	$ (18,715)	$ (19,003)
Goodwill impairment	$ (220,000)	$ (119,000)	(339,184)	0	0
Gain on sale of assets			0	14,372	1,434
Gain on sale of businesses, including transaction costs			0	12,205	10,201
Gain (loss) on debt redemption/refinancing			3,064	(4,993)	(56,209)
Benefit (provision) for income taxes			20,875	(2,940)	10,922
(Loss) income from continuing operations			(385,627)	36,940	3,507
Loss from discontinued operations, net of tax			0	0	(4,858)
Net (loss) income			(385,627)	36,940	(1,351)
Operating Segments
Segment Reporting Information [Line Items]
EBIT			382,526	383,031	410,463
Operating Segments | Global Ecommerce
Segment Reporting Information [Line Items]
EBIT			(133,733)	(100,308)	(98,673)
Reconciling items:
Goodwill impairment	$ (220,000)	$ (119,000)	(339,184)
Operating Segments | Presort Services
Segment Reporting Information [Line Items]
EBIT			110,912	82,430	79,721
Reconciling items:
Goodwill impairment			0
Operating Segments | SendTech Solutions
Segment Reporting Information [Line Items]
EBIT			405,347	400,909	429,415
Reconciling items:
Goodwill impairment			0
Reconciling Items
Reconciling items:
Interest, net			(163,726)	(141,769)	(143,945)
Unallocated corporate expenses			(210,931)	(204,251)	(207,774)
Restructuring charges			(61,585)	(18,715)	(19,003)
Goodwill impairment			(339,184)	0	0
Gain on sale of assets			0	14,372	1,434
Gain on sale of businesses, including transaction costs			0	12,205	7,619
Gain (loss) on debt redemption/refinancing			3,064	(4,993)	(56,209)
Proxy solicitation fees			(10,905)	0	0
Foreign currency loss on intercompany loans			$ (5,761)	$ 0	$ 0

Segment Information (Depreciati

Segment Information (Depreciation and Amortization) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 160,430	$ 163,816	$ 162,859
Operating Segments
Segment Reporting Information [Line Items]
Depreciation and amortization	130,311	135,824	136,321
Operating Segments | Global Ecommerce
Segment Reporting Information [Line Items]
Depreciation and amortization	66,664	78,296	79,128
Operating Segments | Presort Services
Segment Reporting Information [Line Items]
Depreciation and amortization	33,642	28,039	27,243
Operating Segments | SendTech Solutions
Segment Reporting Information [Line Items]
Depreciation and amortization	30,005	29,489	29,950
Corporate
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 30,119	$ 27,992	$ 26,538

Segment Information (Capital Ex

Segment Information (Capital Expenditures) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Capital expenditures	$ 102,878	$ 124,840	$ 184,042
Operating Segments
Segment Reporting Information [Line Items]
Capital expenditures	84,779	108,157	152,144
Operating Segments | Global Ecommerce
Segment Reporting Information [Line Items]
Capital expenditures	34,757	51,430	89,488
Operating Segments | Presort Services
Segment Reporting Information [Line Items]
Capital expenditures	11,182	23,363	36,628
Operating Segments | SendTech Solutions
Segment Reporting Information [Line Items]
Capital expenditures	38,840	33,364	26,028
Corporate
Segment Reporting Information [Line Items]
Capital expenditures	$ 18,099	$ 16,683	$ 31,898

Segment Information (Assets) (D

Segment Information (Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Assets	$ 4,272,185	$ 4,741,355	$ 4,958,871
Cash and cash equivalents	601,053	669,981
Short-term investments	22,166	11,172
Long-term investments	250,240	259,977
Identifiable long-lived assets	717,169	744,288	672,364
United States
Segment Reporting Information [Line Items]
Identifiable long-lived assets	703,484	730,347	658,070
Outside United States
Segment Reporting Information [Line Items]
Identifiable long-lived assets	13,685	13,941	14,294
Operating Segments
Segment Reporting Information [Line Items]
Assets	3,152,719	3,529,662	3,525,187
Operating Segments | Global Ecommerce
Segment Reporting Information [Line Items]
Assets	597,073	996,297	1,032,434
Operating Segments | Presort Services
Segment Reporting Information [Line Items]
Assets	500,757	510,345	479,392
Operating Segments | SendTech Solutions
Segment Reporting Information [Line Items]
Assets	2,054,889	2,023,020	2,013,361
Reconciling Items
Segment Reporting Information [Line Items]
Cash and cash equivalents	601,053	669,981	732,480
Short-term investments	22,166	11,172	14,440
Long-term investments	250,240	259,977	333,052
Other corporate assets	$ 246,007	$ 270,563	$ 353,712

Earnings per Share (EPS) (Detai

Earnings per Share (EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Numerator:
(Loss) income from continuing operations		$ (385,627)	$ 36,940	$ 3,507
Loss from discontinued operations, net of tax		0	0	(4,858)
Net (loss) income attributable to common stockholders (numerator for EPS)		$ (385,627)	$ 36,940	$ (1,351)
Denominator:
Weighted-average shares used in basic EPS (in shares)		175,640	173,912	173,914
Dilutive effect of common stock equivalents (in shares)		0	3,340	5,191
Weighted-average shares used in diluted EPS (in shares)		175,640	177,252	179,105
Basic (loss) earnings per share:
Continuing operations (in dollars per share)	[1]	$ (2.20)	$ 0.21	$ 0.02
Discontinued operations (in dollars per share)	[1]	0	0	(0.03)
Net (loss) income (in dollars per share)	[1]	(2.20)	0.21	(0.01)
Diluted (loss) earnings per share:
Continuing operations (in dollars per share)	[1]	(2.20)	0.21	0.02
Discontinued operations (in dollars per share)	[1]	0	0	(0.03)
Net (loss) income (in dollars per share)	[1]	$ (2.20)	$ 0.21	$ (0.01)
Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive (in shares)		9,421	10,234	6,514
Dilutive effect of common stock equivalents (in shares)		4,000
[1] The sum of the earnings per share amounts may not equal the totals due to rounding.

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Inventory Disclosure [Abstract]
Raw materials	$ 21,201	$ 25,539
Supplies and service parts	25,522	27,573
Finished products	23,330	30,608
Total inventory, net	$ 70,053	$ 83,720

Finance Assets and Lessor Ope_3

Finance Assets and Lessor Operating Leases (Finance Receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	$ (23,227)	$ (21,950)	$ (26,218)	$ (35,869)
Net investment in receivables	1,216,621	1,192,096
North America
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net investment in receivables	1,093,865	1,059,861
International
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net investment in receivables	122,756	132,235
Sales-type lease receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	1,131,209	1,125,465
Unguaranteed residual values	45,270	47,630
Unearned income	(296,558)	(287,572)
Allowance for credit losses	(16,728)	(17,024)
Net investment in receivables	863,193	868,499
Sales-type lease receivables | North America
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	987,743	967,298
Unguaranteed residual values	38,059	38,832
Unearned income	(253,711)	(239,238)
Allowance for credit losses	(13,942)	(14,131)	(19,546)	(22,917)
Net investment in receivables	758,149	752,761
Sales-type lease receivables | International
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	143,466	158,167
Unguaranteed residual values	7,211	8,798
Unearned income	(42,847)	(48,334)
Allowance for credit losses	(2,786)	(2,893)	(3,246)	(6,006)
Net investment in receivables	105,044	115,738
Loan receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	359,927	328,523
Allowance for credit losses	(6,499)	(4,926)
Net investment in receivables	353,428	323,597
Loan receivables | North America
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	342,062	311,887
Allowance for credit losses	(6,346)	(4,787)	(3,259)	(6,484)
Net investment in receivables	335,716	307,100
Loan receivables | International
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	17,865	16,636
Allowance for credit losses	(153)	(139)	$ (167)	$ (462)
Net investment in receivables	$ 17,712	$ 16,497

Finance Assets and Lessor Ope_4

Finance Assets and Lessor Operating Leases (Sales-type Lease and Loan Receivables) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Sales-type Lease Receivables
2024	$ 425,555
2025	318,492
2026	218,129
2027	123,959
2028	42,843
Thereafter	2,231
Total	1,131,209
Loan Receivables
2024	272,829
2025	35,099
2026	25,818
2027	18,114
2028	6,438
Thereafter	1,629
Total	359,927
North America
Sales-type Lease Receivables
2024	367,413
2025	277,861
2026	192,750
2027	110,336
2028	38,034
Thereafter	1,349
Total	987,743
Loan Receivables
2024	254,964
2025	35,099
2026	25,818
2027	18,114
2028	6,438
Thereafter	1,629
Total	342,062
International
Sales-type Lease Receivables
2024	58,142
2025	40,631
2026	25,379
2027	13,623
2028	4,809
Thereafter	882
Total	143,466
Loan Receivables
2024	17,865
2025	0
2026	0
2027	0
2028	0
Thereafter	0
Total	$ 17,865

Finance Assets and Lessor Ope_5

Finance Assets and Lessor Operating Leases (Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Allowance for Credit Losses
Balance at beginning	$ 21,950	$ 26,218	$ 35,869
Amounts charged to expense	8,510	2,516	(1,547)
Write-offs	(11,778)	(12,032)	(14,313)
Recoveries	4,528	5,671	6,518
Other	17	(423)	(309)
Balance at ending	23,227	21,950	26,218
Sales-type lease receivables
Allowance for Credit Losses
Balance at beginning	17,024
Balance at ending	16,728	17,024
Sales-type lease receivables | North America
Allowance for Credit Losses
Balance at beginning	14,131	19,546	22,917
Amounts charged to expense	2,096	(2,476)	648
Write-offs	(4,757)	(6,043)	(7,120)
Recoveries	2,454	3,184	3,097
Other	18	(80)	4
Balance at ending	13,942	14,131	19,546
Sales-type lease receivables | International
Allowance for Credit Losses
Balance at beginning	2,893	3,246	6,006
Amounts charged to expense	1,178	712	(1,788)
Write-offs	(1,448)	(791)	(846)
Recoveries	181	39	173
Other	(18)	(313)	(299)
Balance at ending	2,786	2,893	3,246
Loan receivables
Allowance for Credit Losses
Balance at beginning	4,926
Write-offs	(5,573)
Balance at ending	6,499	4,926
Loan receivables | North America
Allowance for Credit Losses
Balance at beginning	4,787	3,259	6,484
Amounts charged to expense	4,847	3,992	(426)
Write-offs	(5,182)	(4,903)	(6,045)
Recoveries	1,893	2,447	3,245
Other	1	(8)	1
Balance at ending	6,346	4,787	3,259
Loan receivables | International
Allowance for Credit Losses
Balance at beginning	139	167	462
Amounts charged to expense	389	288	19
Write-offs	(391)	(295)	(302)
Recoveries	0	1	3
Other	16	(22)	(15)
Balance at ending	$ 153	$ 139	$ 167

Finance Assets and Lessor Ope_6

Finance Assets and Lessor Operating Leases (Write Offs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 11,778	$ 12,032	$ 14,313
Sales-type lease receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Year one	883
Year two	1,680
Year three	1,551
Year four	1,079
Year five	619
Prior	393
Loan receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Total	$ 5,573

Finance Assets and Lessor Ope_7

Finance Assets and Lessor Operating Leases (Aging of Receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Total	$ 1,491,136	$ 1,453,988
Past due amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	1,476,054	1,440,174
Past due amounts > 90 days
Financing Receivable, Past Due [Line Items]
Total	15,082	13,814
Sales-type lease receivables | North America
Financing Receivable, Past Due [Line Items]
Total	987,743	967,298
Sales-type lease receivables | North America | Past due amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	977,744	959,203
Sales-type lease receivables | North America | Past due amounts > 90 days
Financing Receivable, Past Due [Line Items]
Total	9,999	8,095
Sales-type lease receivables | International
Financing Receivable, Past Due [Line Items]
Total	143,466	158,167
Sales-type lease receivables | International | Past due amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	140,857	155,596
Sales-type lease receivables | International | Past due amounts > 90 days
Financing Receivable, Past Due [Line Items]
Total	2,609	2,571
Loan receivables
Financing Receivable, Past Due [Line Items]
Total	359,927	328,523
Loan receivables | North America
Financing Receivable, Past Due [Line Items]
Total	342,062	311,887
Loan receivables | North America | Past due amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	339,789	308,872
Loan receivables | North America | Past due amounts > 90 days
Financing Receivable, Past Due [Line Items]
Total	2,273	3,015
Loan receivables | International
Financing Receivable, Past Due [Line Items]
Total	17,865	16,636
Loan receivables | International | Past due amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	17,664	16,503
Loan receivables | International | Past due amounts > 90 days
Financing Receivable, Past Due [Line Items]
Total	$ 201	$ 133

Finance Assets and Lessor Ope_8

Finance Assets and Lessor Operating Leases (Credit Quality) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio small dollar applications below thousand	$ 50
Total	$ 1,491,136	$ 1,453,988
Low
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	5%
Total	$ 1,074,740	1,016,123
Medium
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 204,063	207,009
Medium | Minimum
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	5%
Medium | Maximum
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	10%
High
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	10%
Total	$ 22,168	23,451
Not Scored
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 190,165	207,405
Not Scored | Financing Receivable | Geographic Concentration Risk
Financing Receivable, Credit Quality Indicator [Line Items]
Concentration risk, percentage	15%
North America | Financing Receivable | Geographic Concentration Risk
Financing Receivable, Credit Quality Indicator [Line Items]
Concentration risk, percentage	85%
Sales-type lease receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	$ 371,581	417,643
Year two	312,894	304,851
Year three	215,724	200,889
Year four	130,810	136,327
Year five	62,967	48,111
Prior	37,233	17,644
Sales-type lease receivables | Low
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	261,583	286,297
Year two	222,947	206,511
Year three	155,193	140,800
Year four	96,986	95,485
Year five	46,635	34,721
Prior	27,164	12,674
Sales-type lease receivables | Medium
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	46,208	53,419
Year two	35,891	40,669
Year three	24,483	27,013
Year four	16,027	19,668
Year five	10,503	6,751
Prior	8,041	3,441
Sales-type lease receivables | High
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	4,455	6,492
Year two	4,217	3,840
Year three	2,554	3,119
Year four	1,853	1,942
Year five	740	750
Prior	862	508
Sales-type lease receivables | Not Scored
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	59,335	71,435
Year two	49,839	53,831
Year three	33,494	29,957
Year four	15,944	19,232
Year five	5,089	5,889
Prior	1,166	1,021
Sales-type lease receivables | North America
Financing Receivable, Credit Quality Indicator [Line Items]
Total	987,743	967,298
Loan receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Total	359,927	328,523
Loan receivables | Low
Financing Receivable, Credit Quality Indicator [Line Items]
Total	264,232	239,635
Loan receivables | Medium
Financing Receivable, Credit Quality Indicator [Line Items]
Total	62,910	56,048
Loan receivables | High
Financing Receivable, Credit Quality Indicator [Line Items]
Total	7,487	6,800
Loan receivables | Not Scored
Financing Receivable, Credit Quality Indicator [Line Items]
Total	25,298	26,040
Loan receivables | North America
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 342,062	$ 311,887

Finance Assets and Lessor Ope_9

Finance Assets and Lessor Operating Leases (Lease Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Receivables [Abstract]
Profit recognized at commencement	$ 120,011	$ 134,717	$ 127,469
Interest income	154,998	163,485	186,532
Total lease income from sales-type leases	$ 275,009	$ 298,202	$ 314,001
Sales-Type Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Total revenue	Total revenue	Total revenue

Finance Assets and Lessor Op_10

Finance Assets and Lessor Operating Leases (Operating Leases) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Lessor, Lease, Description [Line Items]
2024	$ 20,627
2025	19,939
2026	15,827
2027	4,573
2028	2,153
Total	$ 63,119
Mailing Equipment | Minimum
Lessor, Lease, Description [Line Items]
Term of operating leases	1 year
Mailing Equipment | Maximum
Lessor, Lease, Description [Line Items]
Term of operating leases	5 years

Fixed Assets (Details)

Fixed Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,370,433	$ 1,318,071
Accumulated depreciation	(986,805)	(897,399)
Property, plant and equipment, net	383,628	420,672
Rental property and equipment	76,719	111,188
Accumulated depreciation	(53,136)	(83,701)
Rental property and equipment, net	23,583	27,487
Depreciation expense	145,000	140,000	$ 132,000
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	669,122	673,898
Capitalized software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	569,525	516,816
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 131,786	$ 127,357

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill (Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite lived intangible assets
Gross Carrying Amount	$ 158,759	$ 177,715
Accumulated Amortization	(96,509)	(99,771)
Net Carrying Amount	62,250	77,944
Customer relationships
Finite lived intangible assets
Gross Carrying Amount	155,712	155,715
Accumulated Amortization	(95,409)	(80,188)
Net Carrying Amount	60,303	75,527
Software & technology
Finite lived intangible assets
Gross Carrying Amount	3,047	22,000
Accumulated Amortization	(1,100)	(19,583)
Net Carrying Amount	$ 1,947	$ 2,417

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Amortization expense			$ 16,000	$ 24,000	$ 30,000
Impairment	$ 220,000	$ 119,000	339,184	$ 0	$ 0
Global Ecommerce | Operating Segments
Business Acquisition [Line Items]
Impairment	$ 220,000	$ 119,000	$ 339,184

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill (Future Amortization) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 15,731
2025	15,527
2026	14,538
2027	11,481
2028	2,438
Thereafter	2,535
Net Carrying Amount	$ 62,250	$ 77,944

Intangible Assets and Goodwil_5

Intangible Assets and Goodwill (Goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Goodwill before accumulated impairment				$ 1,265,120	$ 1,333,272
Accumulated impairment				(198,169)	(198,169)
Goodwill
Beginning balance			$ 1,066,951	1,135,103
Impairment	$ (220,000)	$ (119,000)	(339,184)	0	0
Acquisitions/(dispositions)				(53,107)
FX Impact			6,642	(15,045)
Ending balance	734,409		734,409	1,066,951	1,135,103
Global Ecommerce
Goodwill [Line Items]
Goodwill before accumulated impairment				537,353	593,231
Accumulated impairment				(198,169)	(198,169)
Goodwill
Beginning balance			339,184	395,062
Acquisitions/(dispositions)				(55,878)
FX Impact			0	0
Ending balance	0		0	339,184	395,062
Global Ecommerce | Operating Segments
Goodwill
Impairment	(220,000)	$ (119,000)	(339,184)
Presort Services
Goodwill [Line Items]
Goodwill before accumulated impairment				223,763	220,992
Accumulated impairment				0	0
Goodwill
Beginning balance			223,763	220,992
Acquisitions/(dispositions)				2,771
FX Impact			0	0
Ending balance	223,763		223,763	223,763	220,992
Presort Services | Operating Segments
Goodwill
Impairment			0
SendTech Solutions
Goodwill [Line Items]
Goodwill before accumulated impairment				504,004	519,049
Accumulated impairment				0	0
Goodwill
Beginning balance			504,004	519,049
Acquisitions/(dispositions)				0
FX Impact			6,642	(15,045)
Ending balance	$ 510,646		510,646	$ 504,004	$ 519,049
SendTech Solutions | Operating Segments
Goodwill
Impairment			$ 0

Fair Value Measurements and D_3

Fair Value Measurements and Derivative Instruments (Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	$ 203,842	$ 208,266
Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Money market funds	201,850	267,623
Equity securities	15,341	13,233
Mortgage-backed / asset-backed securities	119,901	126,882
Total assets	437,657	512,914
Total liabilities		(1,472)
Fair Value, Recurring | Interest rate swaps
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset	8,425	15,283
Fair Value, Recurring | Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset		479
Derivative liability		(1,472)
Commingled fixed income securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	1,581	1,520
Commingled fixed income securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	7,322	8,046
Government and related securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	28,030	27,545
Government and related securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	30,488	29,049
Corporate debt securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	54,330	52,319
Corporate debt securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	54,330	52,319
Level 1 | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Money market funds	13,366	29,087
Equity securities	0	0
Mortgage-backed / asset-backed securities	0	0
Total assets	26,436	40,860
Total liabilities		0
Level 1 | Fair Value, Recurring | Interest rate swaps
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset	0	0
Level 1 | Fair Value, Recurring | Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset		0
Derivative liability		0
Level 1 | Commingled fixed income securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	1,581	1,520
Level 1 | Government and related securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	11,489	10,253
Level 1 | Corporate debt securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	0	0
Level 2 | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Money market funds	188,484	238,536
Equity securities	15,341	13,233
Mortgage-backed / asset-backed securities	119,901	126,882
Total assets	411,221	472,054
Total liabilities		(1,472)
Level 2 | Fair Value, Recurring | Interest rate swaps
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset	8,425	15,283
Level 2 | Fair Value, Recurring | Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset		479
Derivative liability		(1,472)
Level 2 | Commingled fixed income securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	5,741	6,526
Level 2 | Government and related securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	18,999	18,796
Level 2 | Corporate debt securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	54,330	52,319
Level 3 | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Money market funds	0	0
Equity securities	0	0
Mortgage-backed / asset-backed securities	0	0
Total assets	0	0
Total liabilities		0
Level 3 | Fair Value, Recurring | Interest rate swaps
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset	0	0
Level 3 | Fair Value, Recurring | Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset		0
Derivative liability		0
Level 3 | Commingled fixed income securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	0	0
Level 3 | Government and related securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	0	0
Level 3 | Corporate debt securities | Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	$ 0	$ 0

Fair Value Measurements and D_4

Fair Value Measurements and Derivative Instruments (Available-For-Sale Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized cost	$ 247,866	$ 260,145
Gross unrealized gains		11
Gross unrealized losses	(44,024)	(51,890)
Debt securities	203,842	208,266
Government and related securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized cost	35,048	35,744
Gross unrealized gains		11
Gross unrealized losses	(7,018)	(8,210)
Debt securities	28,030	27,545
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized cost	65,008	66,300
Gross unrealized gains		0
Gross unrealized losses	(10,678)	(13,981)
Debt securities	54,330	52,319
Commingled fixed income securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized cost	1,788	1,749
Gross unrealized gains		0
Gross unrealized losses	(207)	(229)
Debt securities	1,581	1,520
Mortgage-backed / asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Amortized cost	146,022	156,352
Gross unrealized gains		0
Gross unrealized losses	(26,121)	(29,470)
Debt securities	$ 119,901	$ 126,882

Fair Value Measurements and D_5

Fair Value Measurements and Derivative Instruments (Unrealized Holding Losses) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Greater than 12 continuous months, Fair Value	$ 199,879	$ 180,714
Greater than 12 continuous months, Gross unrealized losses	43,605	44,542
Less than 12 continuous months, Fair Value	3,963	27,131
Less than 12 continuous months, Gross unrealized losses	419	7,348
Government and related securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Greater than 12 continuous months, Fair Value	28,030	17,063
Greater than 12 continuous months, Gross unrealized losses	7,018	2,753
Less than 12 continuous months, Fair Value	0	10,061
Less than 12 continuous months, Gross unrealized losses	0	5,457
Corporate debt securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Greater than 12 continuous months, Fair Value	51,948	48,812
Greater than 12 continuous months, Gross unrealized losses	10,466	13,749
Less than 12 continuous months, Fair Value	2,382	3,508
Less than 12 continuous months, Gross unrealized losses	212	232
Commingled fixed income securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Less than 12 continuous months, Fair Value	1,581	1,520
Less than 12 continuous months, Gross unrealized losses	207	229
Mortgage-backed / asset-backed securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Greater than 12 continuous months, Fair Value	119,901	114,839
Greater than 12 continuous months, Gross unrealized losses	26,121	28,040
Less than 12 continuous months, Fair Value	0	12,042
Less than 12 continuous months, Gross unrealized losses	$ 0	$ 1,430

Fair Value Measurements and D_6

Fair Value Measurements and Derivative Instruments (Reconciliation) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Amortized cost
Within 1 year	$ 2,594
After 1 year through 5 years	15,103
After 5 years through 10 years	70,702
After 10 years	159,467
Amortized cost	247,866	$ 260,145
Estimated fair value
Within 1 year	2,382
After 1 year through 5 years	14,029
After 5 years through 10 years	60,099
After 10 years	127,332
Total	$ 203,842	$ 208,266

Fair Value Measurements and D_7

Fair Value Measurements and Derivative Instruments (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Derivative [Line Items]
Held-to-maturity securities	$ 265,000,000	$ 22,000,000
Certificates of Deposit
Derivative [Line Items]
Held-to-maturity securities, term	90 days
Government Securities
Derivative [Line Items]
Held-to-maturity securities, term	2 years
Foreign exchange contracts
Derivative [Line Items]
Total notional amount of outstanding contracts	$ 0	$ 1,000,000
Interest rate swaps
Derivative [Line Items]
Total notional amount of outstanding contracts	$ 200,000,000

Fair Value Measurements and D_8

Fair Value Measurements and Derivative Instruments (Derivative Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Derivative [Line Items]
Total net derivative asset	$ 8,425	$ 14,290
Total derivative assets
Derivative [Line Items]
Total net derivative asset	8,425	15,762
Total derivative liabilities
Derivative [Line Items]
Total net derivative asset	0	(1,472)
Foreign exchange contracts | Derivatives designated as hedging instruments | Other current assets and prepayments
Derivative [Line Items]
Total net derivative asset	0	15
Foreign exchange contracts | Derivatives designated as hedging instruments | Accounts payable and accrued liabilities
Derivative [Line Items]
Total net derivative asset	0	(23)
Foreign exchange contracts | Derivatives not designated as hedging instruments | Other current assets and prepayments
Derivative [Line Items]
Total net derivative asset	0	464
Foreign exchange contracts | Derivatives not designated as hedging instruments | Accounts payable and accrued liabilities
Derivative [Line Items]
Total net derivative asset	0	(1,449)
Interest rate swaps | Derivatives designated as hedging instruments | Other current assets and prepayments
Derivative [Line Items]
Total net derivative asset	8,425	0
Interest rate swaps | Derivatives designated as hedging instruments | Other assets
Derivative [Line Items]
Total net derivative asset	$ 0	$ 15,283

Fair Value Measurements and D_9

Fair Value Measurements and Derivative Instruments (Foreign Exchange Contracts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Derivative [Line Items]
Derivative Gain (Loss) Recognized in AOCI (Effective Portion)	$ (6,883)	$ 12,339
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	9,675	727
Cost of sales
Derivative [Line Items]
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	(33)	178
Interest expense
Derivative [Line Items]
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	9,708	549
Foreign exchange contracts
Derivative [Line Items]
Derivative Gain (Loss) Recognized in AOCI (Effective Portion)	(25)	159
Derivative Gain (Loss) Recognized in Earnings	3,551	(28,228)
Interest rate swaps
Derivative [Line Items]
Derivative Gain (Loss) Recognized in AOCI (Effective Portion)	$ (6,858)	$ 12,180

Fair Value Measurements and _10

Fair Value Measurements and Derivative Instruments (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Carrying value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	$ 2,146,032	$ 2,205,266
Fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	$ 1,893,620	$ 1,856,878

Supplemental Financial Statem_3

Supplemental Financial Statement Information (Selected Balance Sheet Information) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Other assets:
Long-term investments	$ 250,240	$ 259,977
Other	102,120	120,442
Total	352,360	380,419
Accounts payable and accrued liabilities:
Accounts payable	282,425	315,351
Customer deposits	213,315	209,662
Employee related liabilities	240,159	216,273
Other	139,577	165,797
Total	875,476	907,083
Other noncurrent liabilities:
Pension liabilities	98,784	74,681
Postretirement medical benefits	83,222	87,745
Customer deposits	83,995	10,757
Other	48,701	54,546
Total	$ 314,702	$ 227,729

Supplemental Financial Statem_4

Supplemental Financial Statement Information (Allowance for Credit on Losses for Accounts Receivables) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Allowance for credit losses
Balance at beginning of year	$ 5,864	$ 29,179	$ 35,344
Amounts charged to expense	8,177	6,421	9,355
Write-offs, recoveries and other	(7,902)	(29,736)	(15,520)
Balance at end of period	6,139	5,864	29,179
Allowance for doubtful accounts	6,139	5,864	29,179
Accounts and other receivables
Allowance for credit losses
Balance at beginning of year	5,344	11,168
Balance at end of period	6,139	5,344	11,168
Allowance for doubtful accounts	6,139	5,344	11,168
Other assets
Allowance for credit losses
Balance at beginning of year	520	18,011
Balance at end of period	0	520	18,011
Allowance for doubtful accounts	$ 0	$ 520	$ 18,011

Supplemental Financial Statem_5

Supplemental Financial Statement Information (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from disposal of fixed assets	$ 14	$ 11
Cresco Data
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Business combination, consideration transferred			$ 15
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Borderfree Cross Border Ecommerce Solutions
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of businesses, net of cash transferred		95
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Tacit
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of businesses, net of cash transferred		$ 7	$ 28

Supplemental Financial Statem_6

Supplemental Financial Statement Information (Other (Income) Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Related Disclosures [Abstract]
(Gain) loss on redemption/refinancing of debt	$ (3,064)	$ 4,993	$ 56,209
Insurance proceeds	0	0	(3,000)
Gain on sale of assets	0	(14,372)	(1,434)
Gain on sale of businesses, including transaction costs	0	(12,239)	(10,201)
Other (income) expense	$ (3,064)	$ (21,618)	$ 41,574

Supplemental Financial Statem_7

Supplemental Financial Statement Information (Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Purchases of property and equipment in accounts payable	$ 4,764	$ 5,213	$ 5,305
Cash interest paid	164,046	134,247	124,084
Cash income tax payments, net of refunds	$ 22,626	$ 14,553	$ 4,337

Restructuring Charges (Narrativ

Restructuring Charges (Narrative) (Details) - The 2023 Plan $ in Millions	1 Months Ended
	May 31, 2023 USD ($) position
Minimum
Restructuring and Related Cost [Line Items]
Restructuring and related cost, expected number of positions eliminated | position	850
Restructuring and related cost, expected cost | $	$ 60
Maximum
Restructuring and Related Cost [Line Items]
Restructuring and related cost, expected number of positions eliminated | position	950
Restructuring and related cost, expected cost | $	$ 70

Restructuring Charges (Summary

Restructuring Charges (Summary of Restructuring Reserve by Type of Cost) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring Reserve
Beginning balance	$ 7,647	$ 5,747
Amounts charged to expense	61,585	18,715	$ 19,003
Cash payments	(34,443)	(15,406)	(21,990)
Noncash activity	(8,661)	(1,409)
Ending balance	26,128	7,647	5,747
The 2023 Plan
Restructuring Reserve
Beginning balance	0	0
Amounts charged to expense	57,986	0
Cash payments	(23,197)	0
Noncash activity	(8,661)	0
Ending balance	26,128	0	0
Prior Plan
Restructuring Reserve
Beginning balance	7,647	5,747
Amounts charged to expense	3,599	18,715
Cash payments	(11,246)	(15,406)
Noncash activity	0	(1,409)
Ending balance	$ 0	$ 7,647	$ 5,747

Restructuring Charges (Restruct

Restructuring Charges (Restructuring and Related Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring and Related Cost [Line Items]
Severance	$ 52,382
Facilities and other	9,203
Total	61,585	$ 18,715	$ 19,003
The 2023 Plan
Restructuring and Related Cost [Line Items]
Severance	49,325
Facilities and other	8,661
Total	57,986	0
Prior Plan
Restructuring and Related Cost [Line Items]
Severance	3,057	14,750
Facilities and other	542	3,965
Total	$ 3,599	$ 18,715

Debt (Long-term Debt) (Details)

Debt (Long-term Debt) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Principal amount	$ 2,189,460	$ 2,240,411
Less: unamortized costs, net	43,428	35,145
Total debt	2,146,032	2,205,266
Less: current portion long-term debt	58,931	32,764
Long-term debt	2,087,101	2,172,502
Other Debt
Debt Instrument [Line Items]
Principal amount	$ 1,181	2,446
Notes due March 2024 | Notes due
Debt Instrument [Line Items]
Interest rate	4.625%
Principal amount	$ 0	236,749
Term loan due March 2026 | Notes due
Debt Instrument [Line Items]
Interest rate	7.70%
Principal amount	$ 285,500	351,500
Term loan due March 2026 | Notes due | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate	2.25%
Notes due March 2027 | Notes due
Debt Instrument [Line Items]
Interest rate	6.875%
Principal amount	$ 380,000	396,750
Notes due March 2028 | Notes due
Debt Instrument [Line Items]
Interest rate	12.20%
Principal amount	$ 274,313	0
Notes due March 2028 | Notes due | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate	6.90%
Term loan due March 2028 | Notes due
Debt Instrument [Line Items]
Interest rate	9.50%
Principal amount	$ 437,625	442,125
Term loan due March 2028 | Notes due | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate	4%
Notes due March 2029 | Notes due
Debt Instrument [Line Items]
Interest rate	7.25%
Principal amount	$ 350,000	350,000
Notes due January 2037 | Notes due
Debt Instrument [Line Items]
Interest rate	5.25%
Principal amount	$ 35,841	35,841
Notes due March 2043 | Notes due
Debt Instrument [Line Items]
Interest rate	6.70%
Principal amount	$ 425,000	$ 425,000

Debt (Narrative) (Details)

Debt (Narrative) (Details)	1 Months Ended	12 Months Ended
	Jan. 31, 2023	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Mar. 31, 2025	Jun. 30, 2024
Debt Instrument [Line Items]
Gain on extinguishment of debt		$ 3,064,000	$ (4,993,000)	$ (56,209,000)
Interest rate swaps
Debt Instrument [Line Items]
Total notional amount of outstanding contracts		200,000,000
Fixed interest rate	0.585%
Secured Overnight Financing Rate (SOFR) | Interest rate swaps
Debt Instrument [Line Items]
Basis spread on variable rate	0.10%
Line of credit | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 500,000,000
Leverage ratio, maximum		4.25
Interest coverage ratio, minimum		1.75
Borrowings under facility		$ 0
Line of credit | Revolving Credit Facility | Forecast
Debt Instrument [Line Items]
Leverage ratio, maximum						4
Interest coverage ratio, minimum					2
Notes due March 2028 | Notes due
Debt Instrument [Line Items]
Face amount		$ 275,000,000
Interest rate		12.20%
Notes due March 2028 | Notes due | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		6.90%
Discount rate		3%
Term loan due March 2026 | Notes due
Debt Instrument [Line Items]
Debt redeemed		$ 30,000,000
Interest rate		7.70%
Term loan due March 2026 | Notes due | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		2.25%
Notes due 2024 and 2027 | Notes due
Debt Instrument [Line Items]
Purchase of debt		$ 39,000,000
Gain on extinguishment of debt		3,000,000
Term loan due 2026 and Term loan due 2028 | Notes due
Debt Instrument [Line Items]
Debt redeemed		$ 42,000,000
Term loan due March 2028 | Notes due
Debt Instrument [Line Items]
Interest rate		9.50%
Term loan due March 2028 | Notes due | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		4%

Debt (Maturities of Outstanding

Debt (Maturities of Outstanding Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
2024	$ 58,931
2025	53,250
2026	196,250
2027	387,250
2028	682,938
Thereafter	810,841
Total	$ 2,189,460	$ 2,240,411

Retirement Plans and Postreti_3

Retirement Plans and Postretirement Medical Benefits (Benefit Obligations and Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pension Benefits | United States
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 1,205,108	$ 1,205,135
Projected benefit obligation
Benefit obligation - beginning of year	1,205,183	1,609,508
Service cost	44	55	$ 102
Interest cost	63,533	44,348	42,434
Net actuarial loss (gain)	36,882	(349,261)
Foreign currency changes	0	0
Settlements	(2,892)	(1,574)
Benefits paid	(97,610)	(97,893)
Benefit obligation - end of year	1,205,140	1,205,183	1,609,508
Fair value of plan assets
Fair value of plan assets - beginning of year	1,161,361	1,549,157
Actual return on plan assets	86,044	(293,968)
Company contributions	6,587	5,639
Settlements	(2,892)	(1,574)
Foreign currency changes	0	0
Benefits paid	(97,610)	(97,893)
Fair value of plan assets - end of year	1,153,490	1,161,361	1,549,157
Amounts recognized in the Consolidated Balance Sheets
Noncurrent asset	0	0
Current liability	(5,057)	(7,294)
Noncurrent liability	(46,593)	(36,528)
Funded status	(51,650)	(43,822)
Pension Benefits | Foreign
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	488,531	447,401
Projected benefit obligation
Benefit obligation - beginning of year	451,337	770,468
Service cost	766	1,214	1,528
Interest cost	21,238	13,568	11,811
Net actuarial loss (gain)	22,984	(242,488)
Foreign currency changes	19,854	(68,519)
Settlements	(213)	0
Benefits paid	(23,199)	(22,906)
Benefit obligation - end of year	492,767	451,337	770,468
Fair value of plan assets
Fair value of plan assets - beginning of year	438,403	737,443
Actual return on plan assets	17,057	(218,325)
Company contributions	16,034	8,731
Settlements	(213)	0
Foreign currency changes	18,605	(66,540)
Benefits paid	(23,199)	(22,906)
Fair value of plan assets - end of year	466,687	438,403	737,443
Amounts recognized in the Consolidated Balance Sheets
Noncurrent asset	27,805	26,570
Current liability	(1,694)	(1,351)
Noncurrent liability	(52,191)	(38,153)
Funded status	(26,080)	(12,934)
Nonpension postretirement benefit plans
Projected benefit obligation
Benefit obligation - beginning of year	99,275	139,516
Service cost	367	731	909
Interest cost	5,031	3,679	3,755
Net actuarial loss (gain)	(206)	(31,512)
Foreign currency changes	214	(740)
Benefits paid	(11,194)	(12,399)
Benefit obligation - end of year	93,487	99,275	139,516
Fair value of plan assets
Fair value of plan assets - beginning of year	0	0
Company contributions	11,194	12,399
Benefits paid	(11,194)	(12,399)
Fair value of plan assets - end of year	0	0	$ 0
Amounts recognized in the Consolidated Balance Sheets
Current liability	(10,265)	(11,530)
Noncurrent liability	(83,222)	(87,745)
Funded status	(93,487)	(99,275)
Nonpension postretirement benefit plans | United States
Projected benefit obligation
Benefit obligation - beginning of year	90,000
Benefit obligation - end of year	$ 84,000	$ 90,000

Retirement Plans and Postreti_4

Retirement Plans and Postretirement Medical Benefits (Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
United States
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 1,205,141	$ 1,205,183
Accumulated benefit obligation	1,205,108	1,205,135
Fair value of plan assets	1,153,490	1,161,361
Foreign
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	396,690	38,238
Accumulated benefit obligation	392,586	37,972
Fair value of plan assets	$ 342,805	$ 0

Retirement Plans and Postreti_5

Retirement Plans and Postretirement Medical Benefits (Pretax Amounts Recognized in AOCI) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain	$ (14,360)	$ (16,405)
United States | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain	717,530	698,815
Prior service (credit) cost	(85)	(105)
Transition asset	0	0
Total	717,445	698,710
Foreign | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain	331,536	297,753
Prior service (credit) cost	7,266	7,552
Transition asset	(7)	(7)
Total	$ 338,795	$ 305,298

Retirement Plans and Postreti_6

Retirement Plans and Postretirement Medical Benefits (Components of Net Periodic Benefit Cost for Defined Benefit Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 367	$ 731	$ 909
Interest cost	5,031	3,679	3,755
Amortization of prior service (credit) cost	0	0	129
Amortization of net actuarial loss	(2,249)	68	4,090
Net periodic benefit (income) cost	3,149	4,478	8,883
United States | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	44	55	102
Interest cost	63,533	44,348	42,434
Expected return on plan assets	(86,008)	(71,080)	(77,119)
Amortization of prior service (credit) cost	(20)	(44)	(60)
Amortization of net actuarial loss	17,362	33,164	38,233
Settlements	771	394	551
Net periodic benefit (income) cost	(4,318)	6,837	4,141
Foreign | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	766	1,214	1,528
Interest cost	21,238	13,568	11,811
Expected return on plan assets	(29,899)	(26,770)	(31,869)
Amortization of prior service (credit) cost	286	252	268
Amortization of net actuarial loss	2,068	6,767	9,350
Settlements	(25)	0	0
Net periodic benefit (income) cost	$ (5,566)	$ (4,969)	$ (8,912)

Retirement Plans and Postreti_7

Retirement Plans and Postretirement Medical Benefits (Other Changes in Plan Assets and Benefit Obligations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	$ (206)	$ (31,512)
Amortization of net actuarial loss	2,249	(68)
Total recognized in other comprehensive income	2,043	(31,580)
United States | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	36,846	15,788
Amortization of net actuarial loss	(17,362)	(33,164)
Amortization of prior service credit (cost)	20	44
Settlements	(771)	(394)
Total recognized in other comprehensive income	18,733	(17,726)
Foreign | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	35,826	2,607
Amortization of net actuarial loss	(2,068)	(6,767)
Amortization of prior service credit (cost)	(286)	(252)
Settlements	25	0
Total recognized in other comprehensive income	$ 33,497	$ (4,412)

Retirement Plans and Postreti_8

Retirement Plans and Postretirement Medical Benefits (Weighted-Average Actuarial Assumptions) (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pension Benefits | United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.15%	5.55%	2.85%
Discount rate	5.55%	2.85%	2.54%
Expected return on plan assets	6.50%	5.10%	5.60%
Pension Benefits | Foreign | Minimum
Defined Benefit Plan Disclosure [Line Items]
Discount rate	1.95%	1.95%	0.85%
Discount rate	1.95%	0.85%	0.70%
Expected return on plan assets	2.75%	3.75%	3.50%
Rate of compensation increase	2%	2%	1.50%
Rate of compensation increase	2%	1.50%	1.50%
Pension Benefits | Foreign | Maximum
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.60%	5.10%	2.85%
Discount rate	5.10%	2.85%	2.40%
Expected return on plan assets	5.26%	5.75%	5.75%
Rate of compensation increase	3.50%	3%	3.65%
Rate of compensation increase	3.60%	2.50%	2.50%
Nonpension postretirement benefit plans | United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.20%	5.60%	2.80%
Discount rate	5.60%	2.80%	2.35%
Nonpension postretirement benefit plans | Canada
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.60%	5.15%	2.90%
Discount rate	5.15%	2.90%	2.50%

Retirement Plans and Postreti_9

Retirement Plans and Postretirement Medical Benefits (Target Asset Allocation) (Details)	Dec. 31, 2023	Dec. 31, 2022
United States
Defined Benefit Plan Disclosure [Line Items]
Target allocation	100%
Percent of Plan Assets	100%	100%
United States | Equities
Defined Benefit Plan Disclosure [Line Items]
Target allocation	16%
Percent of Plan Assets	15%	15%
United States | Multi-asset credit
Defined Benefit Plan Disclosure [Line Items]
Target allocation	2%
Percent of Plan Assets	2%	2%
United States | Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target allocation	76%
Percent of Plan Assets	76%	74%
United States | Real estate
Defined Benefit Plan Disclosure [Line Items]
Target allocation	5%
Percent of Plan Assets	6%	8%
United States | Private equity
Defined Benefit Plan Disclosure [Line Items]
Target allocation	1%
Percent of Plan Assets	1%	1%
Foreign
Defined Benefit Plan Disclosure [Line Items]
Target allocation	100%
Percent of Plan Assets	100%	100%
Foreign | Global equities
Defined Benefit Plan Disclosure [Line Items]
Target allocation	10%
Percent of Plan Assets	8%	8%
Foreign | Multi-asset credit
Defined Benefit Plan Disclosure [Line Items]
Target allocation	10%
Percent of Plan Assets	8%	0%
Foreign | Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target allocation	70%
Percent of Plan Assets	69%	70%
Foreign | Real estate
Defined Benefit Plan Disclosure [Line Items]
Target allocation	10%
Percent of Plan Assets	13%	13%
Foreign | Diversified growth
Defined Benefit Plan Disclosure [Line Items]
Target allocation	0%
Percent of Plan Assets	0%	8%
Foreign | Cash
Defined Benefit Plan Disclosure [Line Items]
Target allocation	0%
Percent of Plan Assets	2%	1%

Retirement Plans and Postret_10

Retirement Plans and Postretirement Medical Benefits (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Percent of all foreign plan assets	74%
Assumed health care cost trend rate	6.75%	6.50%
Next year's assumed health care cost trend rate	6.25%
Assumed health care cost trend rate decline	5%
Total contributions to defined contribution plans	$ 28,000,000	$ 28,000,000
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,615,000	10,416,000
Unfunded Plan | Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,000,000	6,000,000
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0	$ 0
United States
Defined Benefit Plan Disclosure [Line Items]
Next year's anticipated total contributions to pension plans	0
United States | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,153,490,000	$ 1,161,361,000	1,549,157,000
United States | Pension Benefits | Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Funded percentage	1%	1%
Foreign
Defined Benefit Plan Disclosure [Line Items]
Next year's anticipated total contributions to pension plans	$ 6,000,000
Foreign | Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 466,687,000	$ 438,403,000	$ 737,443,000

Retirement Plans and Postret_11

Retirement Plans and Postretirement Medical Benefits (Fair Value Measurements of Plan Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 5,615	$ 10,416
United States | Total plan assets at fair value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,153,490	1,161,361
United States | Total plan assets at fair value | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	170,540	114,084
United States | Total plan assets at fair value | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,064,741	1,057,547
United States | Total plan assets at fair value | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	67,256	91,500
United States | Total plan assets at fair value | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,302,537	1,263,131
United States | Money market funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Money market funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13,842	10,623
United States | Money market funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Money market funds | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13,842	10,623
United States | Equities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Equities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	102,795	137,505
United States | Equities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Equities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	102,795	137,505
United States | Commingled fixed income securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Commingled fixed income securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	220,041	220,281
United States | Commingled fixed income securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Commingled fixed income securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	220,041	220,281
United States | Government and related securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	170,540	114,084
United States | Government and related securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	28,518	21,479
United States | Government and related securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Government and related securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	199,058	135,563
United States | Corporate debt securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Corporate debt securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	545,615	527,407
United States | Corporate debt securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Corporate debt securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	545,615	527,407
United States | Mortgage-backed /asset-backed securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Mortgage-backed /asset-backed securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	49,300	26,450
United States | Mortgage-backed /asset-backed securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Mortgage-backed /asset-backed securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	49,300	26,450
United States | Real estate | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Real estate | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Real estate | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	67,256	91,500
United States | Real estate | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	67,256	91,500
United States | Securities lending collateral | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Securities lending collateral | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	104,630	113,802
United States | Securities lending collateral | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
United States | Securities lending collateral | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	104,630	113,802
United States | Securities lending payable
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	104,630	113,802
United States | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,240	3,525
United States | Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	51,272	1,909
Foreign | Total plan assets at fair value
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	466,687	438,403
Foreign | Total plan assets at fair value | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Total plan assets at fair value | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	416,476	365,061
Foreign | Total plan assets at fair value | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	43,205	67,374
Foreign | Total plan assets at fair value | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	459,681	432,435
Foreign | Money market funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Money market funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,997	8,338
Foreign | Money market funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Money market funds | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,997	8,338
Foreign | Equities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Equities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	44,088	42,717
Foreign | Equities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Equities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	44,088	42,717
Foreign | Commingled fixed income securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Commingled fixed income securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	295,105	247,337
Foreign | Commingled fixed income securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Commingled fixed income securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	295,105	247,337
Foreign | Government and related securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Government and related securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	38,028	35,887
Foreign | Government and related securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Government and related securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	38,028	35,887
Foreign | Corporate debt securities | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Corporate debt securities | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	28,389	26,336
Foreign | Corporate debt securities | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Corporate debt securities | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	28,389	26,336
Foreign | Real estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	43,205	42,980	$ 52,491
Foreign | Real estate | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Real estate | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,869	4,446
Foreign | Real estate | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	43,205	42,980
Foreign | Real estate | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	48,074	47,426
Foreign | Diversified growth funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	24,394	$ 52,169
Foreign | Diversified growth funds | Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Diversified growth funds | Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Foreign | Diversified growth funds | Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	24,394
Foreign | Diversified growth funds | Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	24,394
Foreign | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,501	5,485
Foreign | Other
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 505	$ 483

Retirement Plans and Postret_12

Retirement Plans and Postretirement Medical Benefits (Level 3 Gains and Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
United States | Private equity
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan assets - beginning of year	$ 91,500	$ 77,494
Realized gains	4,505	1,058
Unrealized gains (losses)	(18,386)	12,666
Net purchases, sales and settlements	(10,363)	282
Foreign currency changes	0	0
Fair value of plan assets - end of year	67,256	91,500
Foreign | Real estate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan assets - beginning of year	42,980	52,491
Realized gains	0	0
Unrealized gains (losses)	(3,951)	(6,741)
Net purchases, sales and settlements	2,014	1,729
Foreign currency changes	2,162	(4,499)
Fair value of plan assets - end of year	43,205	42,980
Foreign | Diversified growth funds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan assets - beginning of year	24,394	52,169
Realized gains	0	0
Unrealized gains (losses)	(3,133)	(5,933)
Net purchases, sales and settlements	(22,396)	(16,474)
Foreign currency changes	1,135	(5,368)
Fair value of plan assets - end of year	$ 0	$ 24,394

Retirement Plans and Postret_13

Retirement Plans and Postretirement Medical Benefits (Nonpension Estimated Future Benefit Payments) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
2024	$ 123,016
2025	123,566
2026	121,323
2027	120,468
2028	120,025
Thereafter	576,290
Total	1,184,688
Postretirement Medical Benefits
Defined Benefit Plan Disclosure [Line Items]
2024	10,514
2025	10,065
2026	9,626
2027	9,130
2028	8,654
Thereafter	36,181
Total	$ 84,170

Income Taxes ((Loss) Income Fro

Income Taxes ((Loss) Income From Continuing Operations Before Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
U.S.	$ (472,848)	$ (39,294)	$ (85,258)
International	66,346	79,174	77,843
(Loss) income from continuing operations before income taxes	$ (406,502)	$ 39,880	$ (7,415)

Income Taxes ((Benefit) Provisi

Income Taxes ((Benefit) Provision for Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
U.S. Federal:
Current	$ 13,722	$ 223	$ (7,419)
Deferred	(44,504)	(12,284)	(13,825)
U.S. Federal: Total	(30,782)	(12,061)	(21,244)
U.S. State and Local:
Current	5,641	(9,716)	5,401
Deferred	(12,189)	7,137	(5,827)
U.S. State and Local: Total	(6,548)	(2,579)	(426)
International:
Current	10,577	8,745	10,979
Deferred	5,878	8,835	(231)
International: Total	16,455	17,580	10,748
Total current	29,940	(748)	8,961
Total deferred	(50,815)	3,688	(19,883)
(Benefit) provision for income taxes	$ (20,875)	$ 2,940	$ (10,922)
Effective tax rate	5.10%	7.40%	147.30%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Loss Carryforwards [Line Items]
Benefit from goodwill impairment			$ 3,000
Goodwill impairment	$ 220,000	$ 119,000	339,184	$ 0	$ 0
Charge (benefit) due from sale of business				(5,000)	6,000
Gain on sale of businesses, including transaction costs			0	12,205	10,201
Benefit due to resolution of tax matters					7,000
Benefit due to regulations enacted into law					5,000
Benefit from reorganization					3,000
Benefit from windfall associated with the vesting of restricted stock			(574)	(572)	505
Charges from write-off deferred tax					1,000
Net operating loss carryforwards	3,000		$ 3,000
Operating loss carryforwards, expiration period			20 years
Tax credit carry forwards	65,095		$ 65,095	66,256
Tax credit carry forward without expiration	52,000		$ 52,000
Tax credit carryforwards, expiration period			10 years
Undistributed earnings	365,000		$ 365,000
Amount of unrecognized deferred tax liability	3,000		3,000
Unrecognized tax benefits that would affect the effective tax rate if recognized	$ 26,000		$ 26,000	29,000	39,000
Possible change to unrecognized tax benefits	15%		15%
Income tax interest and penalties accrued	$ 4,000		$ 4,000	3,000
International Jurisdiction
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	390,000		$ 390,000
Operating loss carryforwards, expiration period			20 years
Indefinite lived net operating loss carryforwards	138,000		$ 138,000
State Jurisdiction
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 969,000		$ 969,000
Operating loss carryforwards, expiration period			20 years
Restricted Stock Units
Operating Loss Carryforwards [Line Items]
Benefit from windfall associated with the vesting of restricted stock					2,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Operating Loss Carryforwards [Line Items]
Charge (benefit) due from sale of business				(1,000)	$ 3,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Borderfree Cross Border Ecommerce Solutions
Operating Loss Carryforwards [Line Items]
Gain on sale of businesses, including transaction costs				5,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations | 2019 Sale of Business
Operating Loss Carryforwards [Line Items]
Charge (benefit) due from sale of business				$ (1,000)

Income Taxes (Effective Income

Income Taxes (Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Contingency [Line Items]
Federal statutory provision	$ (85,366)	$ 8,375	$ (1,558)
State and local income taxes	(5,173)	(1,612)	(336)
Impact of foreign operations taxed at rates other than the U.S. statutory rate	2,646	3,349	(2,220)
Accrual/release of uncertain tax amounts related to foreign operations	(2,829)	(2,753)	(7,288)
U.S. tax impacts of foreign income in the U.S.	1,099	1,089	4,441
CARES Act carryback benefit	0	0	(2,270)
Tax credits	(1,683)	(850)	(500)
Unrealized stock compensation benefits	574	572	(505)
Goodwill impairment	68,557	0	0
Borderfree tax basis differences	0	(5,610)	0
Other, net	1,300	380	(686)
(Benefit) provision for income taxes	(20,875)	2,940	(10,922)
Tax resolution, benefit		1,000
Tax return true-up, benefit		1,000
Deferred rate charge (benefit)		2,000	(5,000)
Valuation allowance, charge		1,000
Sale of business, charge (benefit)		(5,000)	6,000
Officer compensation, charge	$ 1,000
Reorganization, benefit			3,000
Disposal Group, Disposed of by Sale, Not Discontinued Operations
Income Tax Contingency [Line Items]
Sale of business, charge (benefit)		$ (1,000)	$ 3,000

Income Taxes (Deferred Tax Liab

Income Taxes (Deferred Tax Liabilities and Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax liabilities:
Depreciation	$ (16,585)	$ (51,717)
Deferred profit (for tax purposes) on sale to finance subsidiary	(43,057)	(26,765)
Lease revenue and related depreciation	(205,773)	(216,282)
Intangible assets	(60,420)	(65,916)
Operating lease liability	(76,910)	(73,403)
Basis adjustment in subsidiary	(51,548)	0
Other	(19,690)	(27,366)
Gross deferred tax liabilities	(473,983)	(461,449)
Deferred tax assets:
Postretirement medical benefits	23,472	24,892
Pension	15,042	9,640
Operating lease asset	83,696	78,765
Long-term incentives	11,814	12,946
Net operating and capital losses	182,482	130,640
Tax credit carry forwards	65,095	66,256
Section 163j carryforward	47,802	23,917
Tax uncertainties gross-up	4,904	4,982
Other	48,537	50,345
Gross deferred tax assets	482,844	402,383
Less: Valuation allowance	(159,342)	(157,450)
Net deferred tax assets	323,502	244,933
Total deferred taxes, net	$ (150,481)	$ (216,516)

Income Taxes (Unrecognized Tax

Income Taxes (Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Reconciliation of Unrecognized Tax Benefits
Balance at beginning of year	$ 33,300	$ 45,072	$ 50,064
Increases from prior period positions	343	6	3,016
Decreases from prior period positions	(524)	(6,830)	(4,247)
Increases from current period positions	400	340	492
Decreases relating to settlements with tax authorities	(350)	(1,966)	(1,270)
Reductions from lapse of applicable statute of limitations	(2,937)	(3,322)	(2,983)
Balance at end of year	$ 30,232	$ 33,300	$ 45,072

Leased Assets and Liabilities_2

Leased Assets and Liabilities (Operating and Finance Lease Assets and Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Assets
Operating	$ 309,958	$ 296,129
Finance	$ 51,049	$ 54,063
Finance [Extensible Enumeration]	Property, plant and equipment, net	Property, plant and equipment, net
Total leased assets	$ 361,007	$ 350,192
Liabilities
Current operating lease liabilities	60,069	52,576
Noncurrent operating lease liabilities	277,981	265,696
Current finance lease liabilities	$ 13,005	$ 11,690
Current finance lease liabilities [Extensible Enumeration]	Accounts payable and accrued liabilities	Accounts payable and accrued liabilities
Noncurrent finance lease liabilities	$ 40,530	$ 43,858
Noncurrent finance lease liabilities [Extensible Enumeration]	Other noncurrent liabilities	Other noncurrent liabilities
Total lease liabilities	$ 391,585	$ 373,820
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	15 years

Leased Assets and Liabilities_3

Leased Assets and Liabilities (Lease Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Lease Cost
Operating lease expense	$ 87,876	$ 67,041	$ 62,269
Finance lease expense
Amortization of leased assets	13,043	12,321	9,191
Interest on lease liabilities	3,407	3,323	2,826
Variable lease expense	28,018	26,870	33,924
Sublease income	(466)	(1,086)	(1,761)
Total expense	$ 131,878	$ 108,469	$ 106,449

Leased Assets and Liabilities_4

Leased Assets and Liabilities (Lease Maturity) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Operating Leases
2024	$ 88,000
2025	82,817
2026	72,006
2027	62,721
2028	53,899
Thereafter	71,379
Total	430,822
Less: present value discount	92,772
Lease liability	338,050
Finance Leases
2024	16,341
2025	14,634
2026	12,516
2027	10,376
2028	7,008
Thereafter	2,005
Total	62,880
Less: present value discount	9,345
Lease liability	53,535
Total
2024	104,341
2025	97,451
2026	84,522
2027	73,097
2028	60,907
Thereafter	73,384
Total	493,702
Less: present value discount	102,117
Lease liability	$ 391,585

Leased Assets and Liabilities_5

Leased Assets and Liabilities (Weighted-Average) (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Leases signed but not yet commenced	$ 17
Weighted-average remaining lease term
Operating leases	5 years 7 months 6 days	6 years 4 months 24 days
Finance leases	4 years 4 months 24 days	5 years 1 month 6 days
Weighted-average discount rate
Operating leases	9.50%	8.20%
Finance leases	7.70%	6.20%

Leased Assets and Liabilities_6

Leased Assets and Liabilities (Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash Flow Information
Operating cash outflows - operating leases	$ 84,024	$ 65,012	$ 59,748
Operating cash outflows - finance leases	3,407	3,323	2,826
Financing cash outflows - finance leases	12,154	11,091	7,707
Leased assets obtained in exchange for new lease obligations
Operating leases	74,778	135,359	48,662
Finance leases	$ 9,158	$ 20,927	$ 30,840

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details)	1 Months Ended
	Dec. 31, 2023 shares
Stockholders' Equity Note [Abstract]
Common stock retired (in shares)	53,000,000
Shares reserved for issuance under stock plans (in shares)	31,471,987

Stockholders' Equity (Changes i

Stockholders' Equity (Changes in Common and Treasury Stock) (Details) - shares	1 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Stock
Treasury Stock, Shares, Outstanding Beginning (in shares)		149,307,000
Retirement of treasury stock (in shares)	(53,000,000)
Treasury Stock, Shares, Outstanding Ending (in shares)	93,972,000	93,972,000	149,307,000
Common Stock Outstanding
Stock
Common Stock, Shares, Outstanding Beginning (in shares)		174,030,587	174,731,395	171,975,188
Issuance of treasury stock (in shares)		2,335,246	2,049,192	2,756,207
Repurchases of common stock (in shares)			(2,750,000)
Retirement of treasury stock (in shares)		0
Common Stock, Shares, Outstanding Ending (in shares)	176,365,833	176,365,833	174,030,587	174,731,395
Treasury stock
Stock
Treasury Stock, Shares, Outstanding Beginning (in shares)		149,307,325	148,606,517	151,362,724
Issuance of treasury stock (in shares)		(2,335,246)	(2,049,192)	(2,756,207)
Repurchases of common stock (in shares)			2,750,000
Retirement of treasury stock (in shares)		(53,000,000)
Treasury Stock, Shares, Outstanding Ending (in shares)	93,972,079	93,972,079	149,307,325	148,606,517

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Reclassification out of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Revenue	$ 3,266,348	$ 3,538,042	$ 3,673,561
Interest expense	(100,445)	(89,980)	(96,886)
Selling, general and administrative expense	(897,260)	(905,570)	(924,163)
(Loss) income from continuing operations before income taxes	(406,502)	39,880	(7,415)
Tax provision (benefit)	20,875	(2,940)	10,922
Net of tax	(385,627)	36,940	(1,351)
Amounts Reclassified from AOCI | Cash flow hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Revenue	0	0	289
Cost of sales	(33)	178	(117)
Interest expense	9,708	549	(366)
(Loss) income from continuing operations before income taxes	9,675	727	(194)
Tax provision (benefit)	2,419	181	(49)
Net of tax	7,256	546	(145)
Amounts Reclassified from AOCI | Available-for-sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Revenue	(11)	(9)	(6)
Selling, general and administrative expense	0	0	(7)
(Loss) income from continuing operations before income taxes	(11)	(9)	(13)
Tax provision (benefit)	(3)	(2)	(2)
Net of tax	(8)	(7)	(11)
Amounts Reclassified from AOCI | Pension and postretirement benefit plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
(Loss) income from continuing operations before income taxes	(18,193)	(40,601)	(52,561)
Tax provision (benefit)	(4,461)	(9,315)	(12,755)
Net of tax	(13,732)	(31,286)	(39,806)
Amounts Reclassified from AOCI | Prior service costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans	(266)	(208)	(337)
Amounts Reclassified from AOCI | Actuarial losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans	(17,181)	(39,999)	(51,673)
Amounts Reclassified from AOCI | Settlement
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans	$ (746)	$ (394)	$ (551)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss (Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss)
Beginning balance	$ 60,653	$ 112,632	$ 70,621
Other comprehensive income (loss) before reclassifications	(22,165)	(85,999)	18,857
Amounts reclassified from accumulated other comprehensive loss	6,484	30,747	39,962
Other comprehensive (loss) income, net of tax	(15,681)	(55,252)	58,819
Ending balance	(368,576)	60,653	112,632
Cash flow hedges
Accumulated Other Comprehensive Income (Loss)
Beginning balance	12,503	3,803	(1,411)
Other comprehensive income (loss) before reclassifications	1,715	9,246	5,069
Amounts reclassified from accumulated other comprehensive loss	(7,256)	(546)	145
Other comprehensive (loss) income, net of tax	(5,541)	8,700	5,214
Ending balance	6,962	12,503	3,803
Available-for-sale securities
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(39,440)	(6,249)	402
Other comprehensive income (loss) before reclassifications	5,969	(33,198)	(6,662)
Amounts reclassified from accumulated other comprehensive loss	8	7	11
Other comprehensive (loss) income, net of tax	5,977	(33,191)	(6,651)
Ending balance	(33,463)	(39,440)	(6,249)
Pension and postretirement benefit plans
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(716,056)	(756,639)	(851,063)
Other comprehensive income (loss) before reclassifications	(55,128)	9,297	54,618
Amounts reclassified from accumulated other comprehensive loss	13,732	31,286	39,806
Other comprehensive (loss) income, net of tax	(41,396)	40,583	94,424
Ending balance	(757,452)	(716,056)	(756,639)
Foreign currency adjustments
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(92,571)	(21,227)	12,941
Other comprehensive income (loss) before reclassifications	25,279	(71,344)	(34,168)
Amounts reclassified from accumulated other comprehensive loss	0	0	0
Other comprehensive (loss) income, net of tax	25,279	(71,344)	(34,168)
Ending balance	(67,292)	(92,571)	(21,227)
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(835,564)	(780,312)	(839,131)
Other comprehensive (loss) income, net of tax	(15,681)	(55,252)	58,819
Ending balance	$ (851,245)	$ (835,564)	$ (780,312)

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for future grants (shares)	15,950,013
Options granted (in shares)	0	0
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Shares granted (in shares)	2,068,825	5,280,429	2,100,126
Unrecognized compensation cost	$ 4
Weighted average recognition period	1 year 2 months 12 days
Intrinsic value of units outstanding	$ 24
Fair value of units vested	$ 12	$ 11	$ 22
Granted (in dollars per shares)	$ 4.19	$ 4.82	$ 8.36
Restricted Stock Units | Directors' Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Shares granted (in shares)	222,833	158,416
Restricted Stock Units With Performance Targets
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)	1,513,928
Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Options exercised (in shares)			777,429
Exercised (in dollars per share)			$ 6.11
Stock Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock purchase plan discounted offering price of commons stock	95%
Shares purchased under the employee stock purchase plan (in shares)	371,982	381,229
Shares reserved for future purchase under the employee stock purchase plan (in shares)	1,065,516

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans (Performance Stock Units) (Details) - Performance Stock Units - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Shares
Units outstanding beginning (in shares)	811,620	1,009,091
Vested (in shares)	0	(197,471)
Units outstanding ending (in shares)	811,620	811,620
Weighted average fair value
Weighted average grant date fair value - Beginning (in dollars per shares)	$ 9.57	$ 6.60
Vested (in dollars per shares)	0	6.73
Weighted average grant date fair value - Ending (in dollars per shares)	$ 9.57	$ 9.57

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans (Restricted Stock Units) (Details) - Restricted Stock Units - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Shares
Units outstanding beginning (in shares)	7,197,755	5,738,293
Granted (in shares)	2,068,825	5,280,429	2,100,126
Vested (in shares)	(2,819,824)	(2,221,027)
Forfeited (in shares)	(921,563)	(1,599,940)
Units outstanding ending (in shares)	5,525,193	7,197,755	5,738,293
Weighted average fair value
Weighted average grant date fair value - Beginning (in dollars per shares)	$ 6.09	$ 6.95
Granted (in dollars per shares)	4.19	4.82	$ 8.36
Vested (in dollars per shares)	5.53	6.10
Forfeited (in dollars per shares)	5.63	4.69
Weighted average grant date fair value - Ending (in dollars per shares)	$ 5.74	$ 6.09	$ 6.95

Stock-Based Compensation Plan_5

Stock-Based Compensation Plans (Stock Option Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Shares
Ending balance (in shares)	9,151,645
Options outstanding - ending of the year (in shares)	9,057,268
Per share weighted average exercise prices
Ending balance (in dollars per shares)	$ 9.50
Options exercisable - end of the year (in dollars per share)	$ 9.52
Stock Options
Shares
Beginning balance (in shares)	10,027,048	11,120,069
Canceled (in shares)	(435,403)	(93,021)
Expired (in shares)	(440,000)	(1,000,000)
Ending balance (in shares)	9,151,645	10,027,048
Options outstanding - ending of the year (in shares)	9,057,268	8,912,286
Per share weighted average exercise prices
Beginning balance (in dollars per shares)	$ 9.91	$ 10.65
Canceled (in dollars per share)	7.91	8.09
Expired (in dollars per share)	20.27	18.29
Ending balance (in dollars per shares)	9.50	9.91
Options exercisable - end of the year (in dollars per share)	$ 9.52	$ 10.42

Stock-Based Compensation Plan_6

Stock-Based Compensation Plans (Exercise Price Range) (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding - Shares (in shares) | shares	9,151,645
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 9.50
Options Outstanding - Weighted-average remaining contractual life	4 years 6 months
Options Exercisable - Shares (in shares) | shares	9,057,268
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 9.52
Options Exercisable - Weighted-average remaining contractual life	4 years 6 months
$3.98 - $6.60
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of per share exercise prices, lower range (in dollars per share)	$ 3.98
Range of per share exercise prices, upper range (in dollars per share)	$ 6.60
Options Outstanding - Shares (in shares) | shares	4,250,995
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 5.05
Options Outstanding - Weighted-average remaining contractual life	5 years 6 months
Options Exercisable - Shares (in shares) | shares	4,250,995
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 5.05
Options Exercisable - Weighted-average remaining contractual life	5 years 6 months
$8.55 - $8.76
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of per share exercise prices, lower range (in dollars per share)	$ 8.55
Range of per share exercise prices, upper range (in dollars per share)	$ 8.76
Options Outstanding - Shares (in shares) | shares	744,908
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 8.63
Options Outstanding - Weighted-average remaining contractual life	6 years 8 months 12 days
Options Exercisable - Shares (in shares) | shares	650,531
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 8.63
Options Exercisable - Weighted-average remaining contractual life	6 years 8 months 12 days
$12.64 - $21.54
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of per share exercise prices, lower range (in dollars per share)	$ 12.64
Range of per share exercise prices, upper range (in dollars per share)	$ 21.54
Options Outstanding - Shares (in shares) | shares	4,155,742
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 14.21
Options Outstanding - Weighted-average remaining contractual life	3 years
Options Exercisable - Shares (in shares) | shares	4,155,742
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 14.21
Options Exercisable - Weighted-average remaining contractual life	3 years

Stock-Based Compensation Plan_7

Stock-Based Compensation Plans (Stock Options Assumptions) (Details) - Stock Options $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($) $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	2.40%
Expected stock price volatility	70%
Risk-free interest rate	1.10%
Expected life	7 years
Weighted-average fair value per option granted (in dollars per share) | $ / shares	$ 4.53
Fair value of options granted | $	$ 3,342

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts and Reserves (Details) - Valuation allowance for deferred tax asset - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Movement in Valuation Allowances and Reserves
Balance at beginning of year	$ 157,450	$ 121,778	$ 116,543
Additions charged to expense	9,826	44,188	7,490
Deductions	(7,934)	(8,516)	(2,255)
Balance at end of year	$ 159,342	$ 157,450	$ 121,778