10-Q Filing

AVANTOR, INC. CIK: 1722482 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001722482-19-000016`
Period End Date	20190630
Filing Date	20190806
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	avtr-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 64 Cash Flow Statement 62 Stockholders Equity 22 Comprehensive Income 40

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$184.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.60M	USD	Point-in-time
Allowances on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$14.50M	USD	Point-in-time
Allowances on trade accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.90M	USD	Point-in-time
Accounts receivable, net of allowances of $14.5 and $10.9	`AccountsReceivableNetCurrent`	$1.00B	USD	Point-in-time
Accumulated depreciation on property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$225.80M	USD	Point-in-time
Accounts receivable, net of allowances of $14.5 and $10.9	`AccountsReceivableNetCurrent`	$931.20M	USD	Point-in-time
Accumulated depreciation on property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$270.90M	USD	Point-in-time
Inventory	`InventoryNet`	$727.70M	USD	Point-in-time
Inventory	`InventoryNet`	$671.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$112.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$135.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.90B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.03B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $270.9 and $225.8	`PropertyPlantAndEquipmentNet`	$576.50M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	568.80M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	132.80M	shares	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $270.9 and $225.8	`PropertyPlantAndEquipmentNet`	$598.60M	USD	Point-in-time
Goodwill	`Goodwill`	$2.78B	USD	Point-in-time
Goodwill	`Goodwill`	$2.78B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$63.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$228.30M	USD	Point-in-time
Total assets	`Assets`	$10.02B	USD	Point-in-time
Total assets	`Assets`	$9.91B	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$195.70M	USD	Point-in-time
Current portion of debt	`LongTermDebtCurrent`	$142.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$578.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$557.40M	USD	Point-in-time
Employee-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$111.60M	USD	Point-in-time
Employee-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$144.90M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$74.80M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$76.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$225.40M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$174.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.19B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.10B	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$5.13B	USD	Point-in-time
Debt, net of current portion	`LongTermDebtNoncurrent`	$6.78B	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$870.90M	USD	Point-in-time
Deferred income tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$907.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$318.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$423.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$9.10B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.61B	USD	Point-in-time
Commitments and contingencies, see note 10	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies, see note 10	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.65B	USD	Point-in-time
Redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.72B	USD	Point-in-time
Redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.86B	USD	Point-in-time
Redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.93B	USD	Point-in-time
Redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.59B	USD	Point-in-time
Mandatory convertible preferred stock including paid-in capital, 20.7 and zero shares outstanding	`PreferredStockIncludingAdditionalPaidInCapital`	$1.00B	USD	Point-in-time
Mandatory convertible preferred stock including paid-in capital, 20.7 and zero shares outstanding	`PreferredStockIncludingAdditionalPaidInCapital`	-	USD	Point-in-time
Common stock including paid-in capital, 568.8 and 132.8 shares outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$1.77B	USD	Point-in-time
Common stock including paid-in capital, 568.8 and 132.8 shares outstanding	`CommonStocksIncludingAdditionalPaidInCapital`	$-2.75B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-296.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-238.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$26.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$54.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-64.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-66.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-31.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-76.10M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$2.41B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-3.05B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-2.62B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-2.86B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-3.14B	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-2.69B	USD	Point-in-time
Total liabilities, redeemable equity and stockholders equity or deficit	`LiabilitiesAndStockholdersEquity`	$9.91B	USD	Point-in-time
Total liabilities, redeemable equity and stockholders equity or deficit	`LiabilitiesAndStockholdersEquity`	$10.02B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$2.90B	USD	2 Qtrs
Net sales	`Revenues`	$1.48B	USD	1 Quarter
Net sales	`Revenues`	$1.53B	USD	1 Quarter
Net sales	`Revenues`	$3.01B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.01B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$2.05B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.04B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.99B	USD	2 Qtrs
Gross profit	`GrossProfit`	$468.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$491.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$908.30M	USD	2 Qtrs
Gross profit	`GrossProfit`	$966.30M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$726.30M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$709.60M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$372.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$373.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$256.70M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$182.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$94.40M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$119.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$115.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$243.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$258.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$130.20M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-70.20M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-70.20M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$7.90M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$15.60M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$10.50M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$12.30M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-68.60M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-50.60M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-46.70M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-23.50M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$8.20M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-1.90M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-500.00K	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$3.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-26.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.10M	USD	2 Qtrs
Accumulation of yield on preferred stock	`RedeemablePreferredStockDividends`	$120.00M	USD	2 Qtrs
Accumulation of yield on preferred stock	`RedeemablePreferredStockDividends`	$48.20M	USD	1 Quarter
Accumulation of yield on preferred stock	`RedeemablePreferredStockDividends`	$129.50M	USD	2 Qtrs
Accumulation of yield on preferred stock	`RedeemablePreferredStockDividends`	$66.20M	USD	1 Quarter
Accretion of make whole premium on series A preferred stock	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	-	USD	2 Qtrs
Accretion of make whole premium on series A preferred stock	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	-	USD	1 Quarter
Accretion of make whole premium on series A preferred stock	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$220.40M	USD	1 Quarter
Accretion of make whole premium on series A preferred stock	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$220.40M	USD	2 Qtrs
Net loss available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-395.30M	USD	2 Qtrs
Net loss available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-197.60M	USD	2 Qtrs
Net loss available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-317.30M	USD	1 Quarter
Net loss available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-93.10M	USD	1 Quarter
Loss per share	`EarningsPerShareBasicAndDiluted`	$-0.98	USD	1 Quarter
Loss per share	`EarningsPerShareBasicAndDiluted`	$-0.70	USD	1 Quarter
Loss per share	`EarningsPerShareBasicAndDiluted`	$-1.49	USD	2 Qtrs
Loss per share	`EarningsPerShareBasicAndDiluted`	$-1.73	USD	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	323.40M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	132.70M	shares	2 Qtrs
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	132.70M	shares	1 Quarter
Weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	228.60M	shares	2 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-26.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.10M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$201.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$202.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$100.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$103.00M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$8.70M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$55.70M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$4.20M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$50.70M	USD	1 Quarter
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-74.90M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-60.30M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$20.70M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$19.30M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-70.20M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-70.20M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$73.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.90M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$71.20M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$9.80M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$21.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$18.00M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$49.00M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$41.60M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.10M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-9.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$69.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.40M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$26.40M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$23.10M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.10M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-6.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-19.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.30M	USD	2 Qtrs
Debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Debt borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$154.00M	USD	2 Qtrs
Debt repayments	`RepaymentsOfLongTermDebt`	$1.82B	USD	2 Qtrs
Debt repayments	`RepaymentsOfLongTermDebt`	$29.20M	USD	2 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$4.60M	USD	2 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$20.50M	USD	2 Qtrs
Proceeds from issuance of stock, net of issuance costs	`ProceedsFromIssuanceOrSaleOfEquity`	$4.24B	USD	2 Qtrs
Proceeds from issuance of stock, net of issuance costs	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Redemption of series A preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$2.63B	USD	2 Qtrs
Redemption of series A preferred stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-49.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-67.80M	USD	2 Qtrs
Effect of currency rate changes on cash, restricted cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.10M	USD	2 Qtrs
Effect of currency rate changes on cash, restricted cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.10M	USD	2 Qtrs
Net change in cash, restricted cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-50.40M	USD	2 Qtrs
Net change in cash, restricted cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.10M	USD	2 Qtrs
Cash, restricted cash and equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$187.70M	USD	Point-in-time
Cash, restricted cash and equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.60M	USD	Point-in-time
Cash, restricted cash and equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$138.10M	USD	Point-in-time
Cash, restricted cash and equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.50M	USD	Point-in-time
Cash, restricted cash and equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$187.70M	USD	Point-in-time
Cash, restricted cash and equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$167.60M	USD	Point-in-time
Cash, restricted cash and equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$138.10M	USD	Point-in-time
Cash, restricted cash and equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.50M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.65B	USD	Point-in-time
Beginning balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.72B	USD	Point-in-time
Beginning balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.86B	USD	Point-in-time
Beginning balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Beginning balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.93B	USD	Point-in-time
Beginning balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.59B	USD	Point-in-time
Accumulation of yield	`TemporaryEquityAccretionOfDividends`	$41.40M	USD	1 Quarter
Accumulation of yield	`TemporaryEquityAccretionOfDividends`	$129.50M	USD	2 Qtrs
Accumulation of yield	`TemporaryEquityAccretionOfDividends`	$66.20M	USD	1 Quarter
Accumulation of yield	`TemporaryEquityAccretionOfDividends`	$113.20M	USD	2 Qtrs
Accretion of make whole premium	`TemporaryEquityAccretionToRedemptionValue`	$220.40M	USD	1 Quarter
Accretion of make whole premium	`TemporaryEquityAccretionToRedemptionValue`	$220.40M	USD	2 Qtrs
Redemptions	`TemporaryEquityEliminationAsPartofReorganization`	$2.63B	USD	2 Qtrs
Redemptions	`TemporaryEquityEliminationAsPartofReorganization`	$2.63B	USD	1 Quarter
Conversions	`ConversionOfStockAmountConverted1`	$1.56B	USD	2 Qtrs
Conversions	`ConversionOfStockAmountConverted1`	$1.56B	USD	1 Quarter
Ending balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.65B	USD	Point-in-time
Ending balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.72B	USD	Point-in-time
Ending balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.86B	USD	Point-in-time
Ending balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Ending balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.93B	USD	Point-in-time
Ending balance, redeemable equity	`TemporaryEquityCarryingAmountAttributableToParent`	$3.59B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-26.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.90M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-48.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-68.10M	USD	2 Qtrs
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-86.50M	USD	1 Quarter
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$-58.30M	USD	2 Qtrs
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$12.30M	USD	1 Quarter
Foreign currency translation unrealized gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax`	$3.40M	USD	2 Qtrs
Unrealized (loss) gain	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$400.00K	USD	1 Quarter
Unrealized (loss) gain	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-1.20M	USD	1 Quarter
Unrealized (loss) gain	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$-1.50M	USD	2 Qtrs
Unrealized (loss) gain	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax`	$1.40M	USD	2 Qtrs
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$300.00K	USD	1 Quarter
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	-	USD	1 Quarter
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$600.00K	USD	2 Qtrs
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax`	$300.00K	USD	2 Qtrs
Unrealized gain	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	-	USD	2 Qtrs
Unrealized gain	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$-100.00K	USD	1 Quarter
Unrealized gain	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$-200.00K	USD	1 Quarter
Unrealized gain	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax`	$-100.00K	USD	2 Qtrs
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$-300.00K	USD	2 Qtrs
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$-300.00K	USD	2 Qtrs
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	$-100.00K	USD	1 Quarter
Reclassification of gain into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax`	-	USD	1 Quarter
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$11.10M	USD	1 Quarter
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-86.20M	USD	1 Quarter
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$1.30M	USD	2 Qtrs
Other comprehensive income (loss) before income taxes	`OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent`	$-57.70M	USD	2 Qtrs
Income tax benefit (expense)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-300.00K	USD	1 Quarter
Income tax benefit (expense)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	-	USD	1 Quarter
Income tax benefit (expense)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$200.00K	USD	2 Qtrs
Income tax benefit (expense)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent1`	$-500.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.40M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-86.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-57.90M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.80M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-53.10M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-37.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-113.10M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-126.00M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.