0000078814-22-000004 | 10-K | XBRL Viewer

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (1,351)	$ (180,376)	$ 194,319
Other comprehensive income, net of tax:
Foreign currency translations, net of tax of $(767), $2,374 and $3,071, respectively	(34,168)	37,252	75,319
Net unrealized gain (loss) on cash flow hedges, net of tax of $1,738, $(583) and $49, respectively	5,214	(1,748)	146
Net unrealized (loss) gain on available for sale securities, net of tax of $(2,217), $(816) and $1,970, respectively	(6,651)	(2,447)	5,910
Adjustments to pension and postretirement plans, net of tax of $17,986, $(20,440) and $(1,270), respectively	54,618	(70,623)	(845)
Amortization of pension and postretirement costs, net of tax of $12,755, $11,930 and $9,497, respectively	39,806	38,578	28,288
Other comprehensive income, net of tax	58,819	1,012	108,818
Comprehensive income (loss)	$ 57,468	$ (179,364)	$ 303,137

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Foreign currency translations, tax expense (benefit)	$ (767)	$ 2,374	$ 3,071
Net unrealized (loss) gain on cash flow hedges, tax	1,738	(583)	49
Net unrealized (loss) gain on investment securities, tax	(2,217)	(816)	1,970
Adjustments to pension and postretirement plans, tax benefit (expense)	17,986	(20,440)	(1,270)
Amortization of pension and postretirement costs, tax	$ 12,755	$ 11,930	$ 9,497

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 732,480	$ 921,450
Short-term investments (includes $2,658 and $18,974, respectively, reported at fair value)	14,440	18,974
Accounts and other receivables (net of allowance of $11,168 and $18,899 respectively)	334,630	389,240
Short-term finance receivables (net of allowance of $12,812 and $18,012, respectively)	560,680	568,050
Inventories	78,588	71,480
Current income taxes	13,894	23,219
Other current assets and prepayments	157,341	120,145
Total current assets	1,892,053	2,112,558
Property, plant and equipment, net	429,162	391,280
Rental property and equipment, net	34,774	38,435
Long-term finance receivables (net of allowance of $13,406 and $17,857, respectively)	587,427	605,292
Goodwill	1,135,103	1,152,285
Intangible assets, net	132,442	159,839
Operating lease assets	208,428	201,916
Noncurrent income taxes	68,398	71,244
Other assets (includes $318,754 and $355,799, respectively, reported at fair value)	471,084	491,514
Total assets	4,958,871	5,224,363
Current liabilities:
Accounts payable and accrued liabilities	922,543	880,616
Customer deposits at the Bank	632,062	617,200
Current operating lease liabilities	40,299	39,182
Current portion of long-term debt	24,739	216,032
Advance billings	99,280	114,550
Current income taxes	9,017	2,880
Total current liabilities	1,727,940	1,870,460
Long-term debt	2,299,099	2,348,361
Deferred taxes on income	286,445	279,451
Tax uncertainties and other income tax liabilities	31,935	38,163
Noncurrent operating lease liabilities	192,092	180,292
Other noncurrent liabilities	308,728	437,015
Total liabilities	4,846,239	5,153,742
Commitments and contingencies (See Note 16)
Stockholders' equity:
Common stock, $1 par value (480,000,000 shares authorized; 323,337,912 shares issued)	323,338	323,338
Additional paid-in capital	2,485	68,502
Retained earnings	5,169,270	5,205,421
Accumulated other comprehensive loss	(780,312)	(839,131)
Treasury stock, at cost (148,606,517 and 151,362,724 shares, respectively)	(4,602,149)	(4,687,509)
Total stockholders’ equity	112,632	70,621
Total liabilities and stockholders’ equity	$ 4,958,871	$ 5,224,363

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Short-term investments	$ 2,658	$ 18,974
Accounts receivable allowance	11,168	18,899
Short-term finance receivables allowance	12,812	18,012
Long-term finance receivables allowance	13,406	17,857
Other assets	$ 318,754	$ 355,799
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)	323,337,912	323,337,912
Treasury stock (in shares)	148,606,517	151,362,724

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net (loss) income	$ (1,351,000)	$ (180,376,000)	$ 194,319,000
Loss (income) from discontinued operations, net of tax	4,858,000	(10,115,000)	(154,460,000)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	162,859,000	160,625,000	159,142,000
Allowance for credit losses	7,808,000	42,193,000	28,488,000
Stock-based compensation	20,862,000	17,476,000	23,149,000
Amortization of debt fees	7,163,000	10,871,000	10,482,000
Loss on debt refinancing	56,209,000	36,987,000	6,623,000
Loss on debt refinancing	19,003,000	20,712,000	69,606,000
Restructuring payments	(21,990,000)	(20,014,000)	(27,148,000)
Pension contributions and retiree medical payments	(27,534,000)	(31,828,000)	(37,747,000)
(Gain) loss on sale of assets/businesses	(11,635,000)	(21,969,000)	17,683,000
Goodwill impairment	0	198,169,000	0
Deferred tax (benefit) provision	(19,883,000)	15,280,000	4,811,000
Changes in operating assets and liabilities, net of acquisitions/divestitures:
Accounts and other receivables	37,503,000	(47,236,000)	(8,027,000)
Finance receivables	20,934,000	70,505,000	29,171,000
Inventories	(8,008,000)	1,582,000	(5,178,000)
Other current assets and prepayments	(1,184,000)	(19,581,000)	(27,096,000)
Accounts payable and accrued liabilities	57,780,000	94,851,000	22,081,000
Current and noncurrent income taxes	2,971,000	8,622,000	(40,119,000)
Advance billings	(14,029,000)	11,009,000	(10,361,000)
Other, net	9,179,000	(17,879,000)	3,192,000
Net cash from operating activities: continuing operations	301,515,000	339,884,000	258,611,000
Net cash from operating activities: discontinued operations	0	(37,912,000)	9,272,000
Net cash from operating activities	301,515,000	301,972,000	267,883,000
Cash flows from investing activities:
Capital expenditures	(184,042,000)	(104,987,000)	(137,253,000)
Purchases of investment securities	(74,923,000)	(596,841,000)	(137,194,000)
Proceeds from sales/maturities of investment securities	97,358,000	576,536,000	108,548,000
Net investment in loan receivables	(6,288,000)	(4,174,000)	(15,676,000)
Proceeds from sale of assets/businesses, net of cash sold	29,413,000	58,248,000	0
Acquisitions, net of cash acquired	(14,996,000)	(6,608,000)	(22,100,000)
Other investing activities	0	4,636,000	(8,905,000)
Net cash from investing activities: continuing operations	(153,478,000)	(73,190,000)	(212,580,000)
Net cash from investing activities: discontinued operations	(1,773,000)	(2,502,000)	670,130,000
Net cash from investing activities	(155,251,000)	(75,692,000)	457,550,000
Cash flows from financing activities:
Proceeds from the issuance of debt, net of discount	1,195,500,000	916,544,000	389,986,000
Principal payments of debt	(1,445,734,000)	(1,105,650,000)	(930,189,000)
Premiums and fees to refinance debt	(50,763,000)	(32,645,000)	(4,704,000)
Dividends paid to stockholders	(34,800,000)	(34,291,000)	(35,361,000)
Customer deposits at the Bank	14,862,000	26,082,000	16,341,000
Common stock repurchases	0	0	(105,000,000)
Other financing activities	(9,436,000)	(5,411,000)	(1,372,000)
Net cash from financing activities	(330,371,000)	(235,371,000)	(670,299,000)
Effect of exchange rate changes on cash and cash equivalents	(4,863,000)	6,099,000	2,046,000
Change in cash and cash equivalents	(188,970,000)	(2,992,000)	57,180,000
Cash and cash equivalents at beginning of period	921,450,000	924,442,000	867,262,000
Cash and cash equivalents at end of period	$ 732,480,000	$ 921,450,000	$ 924,442,000

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Cumulative effect of accounting change	Preferred stock	Preference stock	Common Stock	Additional Paid-in Capital	Retained earnings	Retained earnings Cumulative effect of accounting change	Accumulated other comprehensive loss	Accumulated other comprehensive loss Cumulative effect of accounting change	Treasury stock
Beginning balance at Dec. 31, 2018	$ 101,842	$ 3,348	$ 1	$ 396	$ 323,338	$ 121,475	$ 5,279,682	$ 3,348	$ (948,961)	$ 0	$ (4,674,089)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	194,319						194,319
Other comprehensive income	108,818								108,818
Cash dividends
Common	(35,353)						(35,353)
Preference	(8)						(8)
Issuance of treasury stock	(1,684)					(43,062)					41,378
Conversions to common stock	0			(130)		(2,804)					2,934
Redemption of preferred/preference stock	(277)		(1)	(266)		(10)
Stock-based compensation	23,149					23,149
Repurchase of common stock	(105,000)										(105,000)
Ending balance at Dec. 31, 2019	289,154	$ (21,900)	0	0	323,338	98,748	5,441,988	$ (21,900)	(840,143)		(4,734,777)
Increase (Decrease) in Stockholders' Equity
Net (loss) income	(180,376)						(180,376)
Other comprehensive income	1,012								1,012
Cash dividends
Common	(34,291)						(34,291)
Issuance of treasury stock	(454)					(47,722)					47,268
Stock-based compensation	17,476					17,476
Ending balance at Dec. 31, 2020	70,621		0	0	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 income	58,819								58,819
Cash dividends
Common	(34,800)						(34,800)
Issuance of treasury stock	(1,519)					(86,879)					85,360
Stock-based compensation	20,862					20,862
Ending balance at Dec. 31, 2021	$ 112,632		$ 0	$ 0	$ 323,338	$ 2,485	$ 5,169,270		$ (780,312)		$ (4,602,149)

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Stockholders' Equity [Abstract]
Common stock cash paid (USD per share)	$ 0.20	$ 0.20	$ 0.20

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

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. Certain prior year amounts have been reclassified to conform to the current year presentation.

Effective October 1, 2021, we elected to adopt the FIFO inventory valuation methodology where we had previously valued inventory on a last-in, first-out (LIFO) basis. We believe that the FIFO basis provides a better matching of revenues and expenses, more closely resembles the physical flow of inventory, provides a consistent valuation methodology throughout our locations and improves comparability with industry peers. We retrospectively applied this change in accounting principle and recorded a cumulative effect adjustment to increase the 2019 opening inventory balance by $4 million and retained earnings by $3 million (net of tax). Financial statements for the years ended December 31, 2020 and 2019 and at December 31, 2020 have been recast and the impact on our previously issued financial statements is presented in the following tables. Had we not elected to adopt the FIFO inventory valuation methodology, 2021 cost of equipment sales would have been approximately $2 million higher and inventory would have been approximately $2 million lower.


	Year Ended December 31, 2020
Consolidated Statement of Income (Loss)	As Previously Reported		Adjustments		As Revised
Cost of equipment sales	$	236,716	$	(1,563)	$	235,153
Total costs and expenses	$	3,739,007	$	(1,563)	$	3,737,444
(Loss) income from continuing operations before income taxes	$	(184,932)	$	1,563	$	(183,369)
(Benefit) provision for income taxes	$	6,727	$	395	$	7,122
Income (loss) from continuing operations	$	(191,659)	$	1,168	$	(190,491)
Net (loss) income	$	(181,544)	$	1,168	$	(180,376)
Basic (loss) earnings per share - continuing operations	$	(1.12)	$	0.01	$	(1.11)
Basic (loss) earnings per share	$	(1.06)	$	0.01	$	(1.05)
Diluted (loss) earnings per share - continuing operations	$	(1.12)	$	0.01	$	(1.11)
Diluted (loss) earnings per share	$	(1.06)	$	0.01	$	(1.05)


	Year Ended December 31, 2019
Consolidated Statement of Income (Loss)	As Previously Reported		Adjustments		As Revised
Cost of equipment sales	$	244,210	$	410	$	244,620
Total costs and expenses	$	3,177,983	$	410	$	3,178,393
(Loss) income from continuing operations before income taxes	$	27,142	$	(410)	$	26,732
(Benefit) provision for income taxes	$	(13,007)	$	(120)	$	(13,127)
Income (loss) from continuing operations	$	40,149	$	(290)	$	39,859
Net (loss) income	$	194,609	$	(290)	$	194,319
Basic (loss) earnings per share - continuing operations	$	0.23	$	—	$	0.23
Basic (loss) earnings per share	$	1.10	$	—	$	1.10
Diluted (loss) earnings per share - continuing operations	$	0.23	$	(0.01)	$	0.22
Diluted (loss) earnings per share	$	1.10	$	—	$	1.10


	December 31, 2020
Consolidated Balance Sheet	As Previously Reported		Adjustments		As Revised
Inventories	$	65,845	$	5,635	$	71,480
Total current assets	$	2,106,923	$	5,635	$	2,112,558
Noncurrent income taxes	$	72,653	$	(1,409)	$	71,244
Total assets	$	5,220,137	$	4,226	$	5,224,363
Retained earnings	$	5,201,195	$	4,226	$	5,205,421
Total stockholders' equity	$	66,395	$	4,226	$	70,621
Total liabilities and stockholders' equity	$	5,220,137	$	4,226	$	5,224,363


	Year Ended December 31, 2020
Consolidated Statement of Cash Flows	As Previously Reported		Adjustments		As Revised
Net (loss) income	$	(181,544)	$	1,168	$	(180,376)
Deferred tax (benefit) provision	$	14,885	$	395	$	15,280
(Increase) decrease in inventories	$	3,145	$	(1,563)	$	1,582


	Year Ended December 31, 2019
Consolidated Statement of Cash Flows	As Previously Reported		Adjustments		As Revised
Net (loss) income	$	194,609	$	(290)	$	194,319
Deferred tax (benefit) provision	$	4,931	$	(120)	$	4,811
(Increase) decrease in inventories	$	(5,588)	$	410	$	(5,178)

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, the allocation of purchase price to assets and liabilities acquired in business combinations, stock-based compensation expense and loss contingencies. Actual results could differ from those estimates and assumptions.

Cash Equivalents

Cash equivalents include interest-earning investments with maturities of three months or less at the date of purchase.

Marketable Securities

Marketable investment securities are classified as available-for-sale or hold-to-maturity. 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 the sale 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 2021, 2020, or 2019.

Investment securities that management has the positive intent and ability to hold to maturity are classified as held-to-maturity and are carried at amortized cost.

Accounts and Other Receivables and Allowance for Credit Losses

Accounts receivable 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 receivable 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 to five years. Unsecured loans comprise revolving credit lines offered to our clients for postage and supplies and working capital purposes. These revolving credit lines are generally due monthly; however, clients may rollover outstanding balances. Interest is recognized on finance receivables using the effective interest method. Annual fees are recognized ratably over the annual period covered and client acquisition costs are expensed as incurred.

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 financing revenue recognition for lease receivables that are more than 120 days past due and for 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 to 20 years for building improvements, up to 3 years for internal use software development costs, 3 to 12 years for machinery and equipment and 4 to 6 years for rental equipment. 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. Leasehold improvements are amortized over the shorter of their estimated useful life or the remaining lease term. 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 sales commissions on multi-year equipment and Global Ecommerce contracts and 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, 2021 and December 31, 2020, included in other assets, were $48 million and $40 million, respectively. Amortization expense for these costs for the years ended December 31, 2021, 2020 and 2019 was $18 million, $10 million and $7 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 through 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 revenue includes revenue from maintenance, professional and subscription services for our mailing equipment and professional services for our digital delivery services. Revenue is allocated to these services using selling prices charged in standalone replacement and renewal 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 from the sale of equipment under sales-type leases is recognized as control of the equipment transfers to the customer, which is upon shipment for self-installed products and upon installation or customer acceptance for other products. Revenue from the direct sale of equipment is recognized as control of the equipment transfers to the customer, which is 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 revenue from supplies for our mailing equipment and is recognized upon delivery.

Rentals

Rentals revenue includes revenue from mailing equipment that does not meet the criteria to be accounted 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 costs are charged to expense as incurred. Costs include 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.

Restructuring Charges

Costs associated with restructuring actions primarily include employee severance and related separation costs and contract termination costs, primarily real estate leases. Employee severance and related costs are recognized when a liability is incurred, which is generally upon communication to the affected employees, and the amount to be paid is both probable and reasonably estimable. Severance accruals are based on company policy, historical experience and negotiated settlements. Contract termination costs for real estate leases are recognized as incurred.

Stock-based Compensation

We primarily issue restricted stock units and non-qualified stock options under our stock award plans. 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. The fair value of restricted stock units is estimated based on the fair value 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 current 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 plans and historical experience, quoted market prices when available and appraisals, as appropriate.

Goodwill is tested annually for impairment at the reporting unit level during 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 and no further testing is required. If the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, the goodwill impairment loss is calculated as the difference between these amounts, limited to the amount of goodwill allocated to the reporting unit.

During the fourth quarter of 2021, we performed our annual goodwill impairment test to assess the recoverability of the carrying value of goodwill and determined that the fair value of each reporting unit exceeded its carrying value and no impairment was recorded.

Derivative Instruments

In the normal course of business, 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, including the use of derivatives. We use derivative instruments 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.

Derivative instruments are measured at fair value and reported as assets and liabilities on the consolidated balance sheets, 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 derivative instruments 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 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 monthly 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.

New Accounting Pronouncements

New Accounting Pronouncements - Standards Adopted in 2021

In January 2021, we adopted ASU 2019-12, Simplifying the Accounting for Income Taxes. The ASU simplifies the accounting for income taxes by removing certain exceptions to the general principles and also clarifies and amends existing guidance. The adoption of this standard did not have a material impact on our consolidated financial statements.

In December 2021, we adopted ASU 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. The ASU requires that an entity (the acquirer) recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with ASC 606. The adoption of this standard did not have a material impact on our consolidated financial statements.

New Accounting Pronouncements - Standards Not Yet Adopted

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, 2022 and may be applied at the beginning of any interim period within that time frame.

We have matched LIBOR-based debt with LIBOR based interest rate swaps and have elected to apply the practical expedient related to probability and the assessment of the effectiveness for future LIBOR-indexed cash flows, which assumes that the debt instrument will use the same index rate as its corresponding interest rate swap once a new reference rate is established to replace LIBOR. We may apply other expedients as additional reference rate changes occur. We continue to assess the impact of this standard on our consolidated financial statements.

Revenue

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue

Disaggregated Revenue

The following tables disaggregate our revenue by source and timing of recognition:


	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
Financing	—		—		294,418		294,418
Equipment sales	—		—		259,123		259,123
Rentals	—		—		74,005		74,005
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


	Year Ended December 31, 2020
	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	$	1,618,897	$	521,212	$	51,197	$	2,191,306	$	—	$	2,191,306
Support services	—		—		473,292		473,292		—		473,292
Financing	—		—		—		—		341,034		341,034
Equipment sales	—		—		74,660		74,660		240,222		314,882
Supplies	—		—		159,282		159,282		—		159,282
Rentals	—		—		—		—		74,279		74,279
Subtotal	1,618,897		521,212		758,431		2,898,540		$	655,535	$	3,554,075

Revenue from leasing transactions and financing
Financing	—		—		341,034		341,034
Equipment sales	—		—		240,222		240,222
Rentals	—		—		74,279		74,279
Total revenue	$	1,618,897	$	521,212	$	1,413,966	$	3,554,075

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	293,648	$	293,648
Products/services transferred over time	1,618,897		521,212		464,783		2,604,892
Total	$	1,618,897	$	521,212	$	758,431	$	2,898,540


	Year Ended December 31, 2019
	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	$	1,151,510	$	529,588	$	29,703	$	1,710,801	$	—	$	1,710,801
Support services	—		—		506,187		506,187		—		506,187
Financing	—		—		—		—		368,090		368,090
Equipment sales	—		—		80,562		80,562		271,542		352,104
Supplies	—		—		187,287		187,287		—		187,287
Rentals	—		—		—		—		80,656		80,656
Subtotal	1,151,510		529,588		803,739		2,484,837		$	720,288	$	3,205,125

Revenue from leasing transactions and financing
Financing	—		—		368,090		368,090
Equipment sales	—		—		271,542		271,542
Rentals	—		—		80,656		80,656
Total revenue	$	1,151,510	$	529,588	$	1,524,027	$	3,205,125

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	334,046	$	334,046
Products/services transferred over time	1,151,510		529,588		469,693		2,150,791
Total	$	1,151,510	$	529,588	$	803,739	$	2,484,837

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 range from one to five years followed by annual renewal periods. Revenue for shipping subscription solutions is recognized ratably over the contract period as the client obtains equal benefit from these services through the period.

Support services includes providing maintenance, professional and subscription services for our equipment and digital mailing and shipping technology solutions. Contract terms range from one to five years, depending on the term of the lease contract for the related equipment. Revenue for maintenance and subscription services is recognized ratably over the contract period and revenue for professional services is recognized when services are provided.

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 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, 2021		December 31, 2020		Increase/ (decrease)
Advance billings, current	Advance billings	$	92,926	$	106,498	$	(13,572)
Advance billings, noncurrent	Other noncurrent liabilities	$	1,109	$	1,277	$	(168)

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, 2021 includes $106 million of advance billings at the beginning of the period. Advance billings, current at December 31, 2021 and 2020 also includes $6 million and $8 million, respectively, from leasing transactions.

Future Performance Obligations

Future performance obligations include revenue streams bundled with our leasing contracts, primarily maintenance and subscription services. The transaction prices allocated to future performance obligations will be recognized as follows:


	2022		2023		2024-2026		Total
SendTech Solutions	$	276,314	$	196,265	$	213,395	$	685,974

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.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Segment Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

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, 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 segment earnings before interest and taxes (EBIT). Segment EBIT is calculated by deducting from segment revenue the related costs and expenses attributable to the segment. Segment EBIT excludes interest, taxes, general corporate expenses, restructuring charges, asset and 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 it provides investors a useful measure of operating performance and underlying trends of the business. 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 segment EBIT to net (loss) income. As a result of change from LIFO to FIFO inventory valuation discussed in Note 1, SendTech Solutions EBIT for 2020 and 2019 has also been recast.


	Revenue
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	1,702,580	$	1,618,897	$	1,151,510
Presort Services	573,480		521,212		529,588
SendTech Solutions	1,397,501		1,413,966		1,524,027
Total revenue	$	3,673,561	$	3,554,075	$	3,205,125

Geographic data:
United States	$	3,114,905	$	3,112,285	$	2,745,928
Outside United States	558,656		441,790		459,197
Total revenue	$	3,673,561	$	3,554,075	$	3,205,125


	EBIT
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	(98,673)	$	(82,894)	$	(70,146)
Presort Services	79,721		55,799		70,693
SendTech Solutions	429,415		442,648		489,912
Total segment EBIT	410,463		415,553		490,459
Reconciling items:
Interest, net	(143,945)		(153,915)		(155,558)
Unallocated corporate expenses	(207,774)		(200,406)		(211,529)
Restructuring charges and asset impairments	(19,003)		(20,712)		(69,606)
Goodwill impairment	—		(198,169)		—
Loss on debt refinancing	(56,209)		(36,987)		(6,623)
Gain (loss) on sale of assets/businesses	11,635		11,908		(17,683)


Transaction costs	(2,582)		(641)		(2,728)
Benefit (provision) for income taxes	10,922		(7,122)		13,127
Income (loss) from continuing operations	3,507		(190,491)		39,859
(Loss) income from discontinued operations, net of tax	(4,858)		10,115		154,460
Net (loss) income	$	(1,351)	$	(180,376)	$	194,319


	Depreciation and amortization
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	79,128	$	69,676	$	68,385
Presort Services	27,243		31,769		29,440
SendTech Solutions	29,950		34,316		39,758
Total for reportable segments	136,321		135,761		137,583
Corporate	26,538		24,864		21,559
Total depreciation and amortization	$	162,859	$	160,625	$	159,142


	Capital expenditures
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	89,488	$	46,427	$	53,374
Presort Services	36,628		15,795		27,394
SendTech Solutions	26,028		28,823		32,276
Total for reportable segments	152,144		91,045		113,044
Corporate	31,898		13,942		24,209
Total capital expenditures	$	184,042	$	104,987	$	137,253


	Assets
	December 31,
	2021		2020		2019
Global Ecommerce	$	1,032,434	$	994,554	$	1,102,313
Presort Services	479,392		523,690		524,817
SendTech Solutions	2,013,361		2,071,028		2,156,806
Total for reportable segments	3,525,187		3,589,272		3,783,936
Cash and cash equivalents	732,480		921,450		924,442
Short-term investments	14,440		18,974		115,879
Assets of discontinued operations	—		—		17,229
Long-term investments	333,052		364,212		238,882

Other corporate assets	353,712		330,455		389,590
Consolidated assets	$	4,958,871	$	5,224,363	$	5,469,958




Identifiable long-lived assets:
United States	$	658,070	$	613,990	$	596,694
Outside United States	14,294		17,641		21,460
Total	$	672,364	$	631,631	$	618,154

In 2021, $35 million of assets were transferred from Presort Services to Global Ecommerce.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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+ Details

Discontinued Operations

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued operations includes net working capital and other adjustments relating to the sale of Software Solutions business in 2019 (except for the software business in Australia, which closed in January 2020), and the Production Mail business in 2018. Discontinued operations for the year ended December 31, 2021 also includes a tax charge related to the sale of the Production Mail business. Discontinued operations for the year ended December 31, 2019 also includes the operating results of the Software Solutions business.

Selected financial information of discontinued operations is as follows:


	Year Ended December 31, 2021
	Software Solutions		Production Mail		Total



Loss on sale	$	(1,827)	$	—	$	(1,827)

Tax provision					3,031
Loss from discontinued operations, net of tax					$	(4,858)


	Year Ended December 31, 2020
	Software Solutions		Production Mail		Total



Gain (loss) on sale	$	7,972	$	(167)	$	7,805

Tax benefit					(2,310)
Income from discontinued operations, net of tax					$	10,115


	Year Ended December 31, 2019
	Software Solutions		Production Mail		Total
Revenue	$	272,565	$	—	$	272,565

Earnings (loss) from discontinued operations	$	22,160	$	(663)	$	21,497
Gain (loss) on sale	195,957		(14,644)		181,313
Income (loss) from discontinued operations before taxes	$	218,117	$	(15,307)	202,810
Tax provision					48,350
Income from discontinued operations, net of tax					$	154,460

Earnings per Share (EPS)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

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,
	2021		2020		2019
Numerator:
Income (loss) from continuing operations	$	3,507	$	(190,491)	$	39,859
(Loss) income from discontinued operations, net of tax	(4,858)		10,115		154,460
Net (loss) income (numerator for diluted EPS)	(1,351)		(180,376)		194,319
Less: Preference stock dividend	—		—		8
(Loss) income attributable to common stockholders (numerator for basic EPS)	$	(1,351)	$	(180,376)	$	194,311
Denominator:
Weighted-average shares used in basic EPS	173,914		171,519		176,251
Dilutive effect of common stock equivalents (1)	5,191		—		1,198
Weighted-average shares used in diluted EPS	179,105		171,519		177,449
Basic (loss) earnings per share:
Continuing operations	$	0.02	$	(1.11)	$	0.23
Discontinued operations	(0.03)		0.06		0.88
Net (loss) income	$	(0.01)	$	(1.05)	$	1.10
Diluted (loss) earnings per share:
Continuing operations	$	0.02	$	(1.11)	$	0.22
Discontinued operations	(0.03)		0.06		0.87
Net (loss) income	$	(0.01)	$	(1.05)	$	1.10

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	6,514		11,626		15,751

(1) Due to the loss from continuing operations for the year ended December 31, 2020, common stock equivalents of 2,483 were excluded from the calculation of diluted earnings per share as the impact would have been anti-dilutive.

Inventories

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following:


	December 31,
	2021		2020
Raw materials	$	22,352	$	16,570
Supplies and service parts	26,076		24,061
Finished products	30,160		30,849


Total inventory, net	$	78,588	$	71,480

Finance Assets and Lessor Operating Leases

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Finance Assets and Lessor Operating Leases

Finance Assets

All finance receivables are in our SendTech segment. We segregate our finance receivables into a North America portfolio and International portfolio. Finance receivables consisted of the following:


	December 31, 2021						December 31, 2020
	North America		International		Total		North America		International		Total
Sales-type lease receivables
Gross finance receivables	$	958,440	$	187,831	$	1,146,271	$	994,985	$	211,944	$	1,206,929
Unguaranteed residual values	37,896		10,717		48,613		36,405		12,140		48,545
Unearned income	(246,381)		(56,643)		(303,024)		(275,359)		(61,686)		(337,045)
Allowance for credit losses	(19,546)		(3,246)		(22,792)		(22,917)		(6,006)		(28,923)
Net investment in sales-type lease receivables	730,409		138,659		869,068		733,114		156,392		889,506
Loan receivables
Loan receivables	262,310		20,155		282,465		268,690		22,092		290,782
Allowance for credit losses	(3,259)		(167)		(3,426)		(6,484)		(462)		(6,946)
Net investment in loan receivables	259,051		19,988		279,039		262,206		21,630		283,836
Net investment in finance receivables	$	989,460	$	158,647	$	1,148,107	$	995,320	$	178,022	$	1,173,342

Maturities of finance receivables at December 31, 2021 were as follows:


	Sales-type Lease Receivables						Loan Receivables
	North America		International		Total		North America		International		Total
2022	$	379,948	$	75,525	$	455,473	$	226,322	$	20,155	$	246,477
2023	276,501		53,695		330,196		15,383		—		15,383
2024	177,005		32,799		209,804		12,278		—		12,278
2025	93,071		17,958		111,029		6,880		—		6,880
2026	31,092		6,508		37,600		1,447		—		1,447
Thereafter	823		1,346		2,169		—		—		—
Total	$	958,440	$	187,831	$	1,146,271	$	262,310	$	20,155	$	282,465

Allowance for Credit Losses

Activity in the allowance for credit losses on finance receivables was as follows:



	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Balance at December 31, 2018	$	10,253	$	2,355	$	6,777	$	837	$	20,222
Amounts charged to expense	5,672		1,157		4,746		569		12,144
Write-offs	(6,971)		(1,505)		(8,971)		(849)		(18,296)
Recoveries	1,717		181		3,519		9		5,426
Other	249		(103)		(165)		174		155
Balance at December 31, 2019	10,920		2,085		5,906		740		19,651
Cumulative effect of accounting change	9,271		1,750		(1,116)		(402)		9,503
Amounts charged to expense	10,789		2,902		8,158		555		22,404
Write-offs	(7,609)		(1,068)		(9,955)		(551)		(19,183)
Recoveries	2,070		194		3,474		4		5,742
Other	(2,524)		143		17		116		(2,248)
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

Aging of Receivables

The aging of gross finance receivables was as follows:


	December 31, 2021
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Amounts 0 - 90 days	$	950,138	$	185,057	$	258,514	$	20,018	$	1,413,727
Amounts > 90 days	8,302		2,774		3,796		137		15,009
Total	$	958,440	$	187,831	$	262,310	$	20,155	$	1,428,736
Amounts > 90 days
Still accruing interest	$	4,964	$	682	$	—	$	—	$	5,646
Not accruing interest	3,338		2,092		3,796		137		9,363
Total	$	8,302	$	2,774	$	3,796	$	137	$	15,009


	December 31, 2020
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Amounts 0 - 90 days	$	972,266	$	208,968	$	264,484	$	21,932	$	1,467,650
Amounts > 90 days	22,719		2,976		4,206		160		30,061
Total	$	994,985	$	211,944	$	268,690	$	22,092	$	1,497,711
Amounts > 90 days
Still accruing interest	$	5,128	$	463	$	1,797	$	59	$	7,447
Not accruing interest	17,591		2,513		2,409		101		22,614
Total	$	22,719	$	2,976	$	4,206	$	160	$	30,061

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 commercial 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 third party's 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 third-party credit score is used to predict the payment behaviors of our clients 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 approximately 15% of our total finance receivables. Most of our 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 the gross sales-type lease receivable and loan receivable balances by relative risk class and year of origination based on the relative scores of the accounts within each class as of December 31, 2021 and 2020.


	Sales Type Lease Receivables												Loan Receivables		Total
	2021		2020		2019		2018		2017		Prior
Low	$	274,191	$	195,421	$	162,479	$	95,661	$	33,698	$	14,862	$	192,161	$	968,473
Medium	43,403		34,955		31,038		17,895		6,981		3,619		55,708		193,599
High	5,474		5,017		4,044		2,708		849		889		4,822		23,803
Not Scored	45,644		54,097		47,973		33,998		19,161		12,214		29,774		242,861
Total	$	368,712	$	289,490	$	245,534	$	150,262	$	60,689	$	31,584	$	282,465	$	1,428,736


	Sales Type Lease Receivables												Loan Receivables		Total
	2020		2019		2018		2017		2016		Prior
Low	$	256,573	$	228,344	$	165,244	$	87,346	$	30,518	$	12,249	$	192,971	$	973,245
Medium	50,785		49,946		37,168		21,388		6,470		2,375		61,625		229,757
High	6,182		5,396		3,782		1,974		1,051		143		4,518		23,046
Not Scored	80,854		77,362		48,704		24,291		7,813		971		31,668		271,663
Total	$	394,394	$	361,048	$	254,898	$	134,999	$	45,852	$	15,738	$	290,782	$	1,497,711

Lease Income

Lease income from sales-type leases, excluding variable lease payments, was as follows:


	Years Ended December 31,
	2021		2020		2019
Profit recognized at commencement	$	127,469	$	117,359	$	146,923
Interest income	186,532		206,517		229,719
Total lease income from sales-type leases	$	314,001	$	323,876	$	376,642

Lessor Operating Leases

We also lease mailing equipment under operating leases with terms of one to five years. Maturities of these operating leases are as follows:


2022	$	22,782
2023	13,607
2024	16,444
2025	4,185
2026	902
Thereafter	59
Total	$	57,979

Fixed Assets

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Fixed Assets

Fixed assets consisted of the following:


	December 31,
	2021		2020
Land	$	—	$	9,333
Machinery and equipment	707,843		617,748
Capitalized software	488,837		443,400
Buildings and improvements	126,456		203,788
	1,323,136		1,274,269
Accumulated depreciation	(893,974)		(882,989)
Property, plant and equipment, net	$	429,162	$	391,280

Rental property and equipment	$	125,967	$	145,954
Accumulated depreciation	(91,193)		(107,519)
Rental property and equipment, net	$	34,774	$	38,435

Depreciation expense was $132 million, $127 million and $123 million for the years ended December 31, 2021, 2020 and 2019, respectively.

In November 2021, we entered into an agreement to sell our Shelton, Connecticut facility and simultaneously entered into a ten year lease agreement. This transaction did not close as of December 31, 2021, and accordingly, the net book value for the building and land of $36 million was classified as assets held-for-sale in other current assets and prepayments in the December 31, 2021 Consolidated Balance Sheet. See also Note 21 Subsequent Events.

Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

Intangible Assets

Intangible assets consisted of the following:


	December 31, 2021						December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	268,187	$	(141,492)	$	126,695	$	268,199	$	(115,010)	$	153,189
Software & technology	21,981		(16,234)		5,747		19,000		(12,350)		6,650

Total intangible assets, net	$	290,168	$	(157,726)	$	132,442	$	287,199	$	(127,360)	$	159,839

Amortization expense was $30 million, $33 million and $36 million for the years ended December 31, 2021, 2020 and 2019, respectively.

Future amortization expense for intangible assets at December 31, 2021 is as follows:



2022	$	29,812
2023	26,962
2024	26,962
2025	20,302
2026	14,148
Thereafter	14,256
Total	$	132,442

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

Changes in the carrying amount of goodwill by reporting segment are shown in the tables below.


	Goodwill before accumulated impairment		Accumulated impairment		December 31, 2020		Acquisitions/dispositions		FX Impact		December 31, 2021
Global Ecommerce	$	609,431	$	(198,169)	$	411,262	$	(16,200)	$	—	$	395,062
Presort Services	220,992		—		220,992		—		—		220,992
SendTech Solutions	520,031		—		520,031		13,804		(14,786)		519,049
Total goodwill	$	1,350,454	$	(198,169)	$	1,152,285	$	(2,396)	$	(14,786)	$	1,135,103


	December 31, 2019		Acquisitions		Impairment		FX Impact		December 31, 2020
Global Ecommerce	$	609,431	$	—	$	(198,169)	$	—	$	411,262
Presort Services	212,529		8,463		—		—		220,992
SendTech Solutions	502,219		—		—		17,812		520,031
Total goodwill	$	1,324,179	$	8,463	$	(198,169)	$	17,812	$	1,152,285

During the second quarter of 2021, we sold a U.K. based software consultancy business ("Tacit") acquired as part of our 2017 acquisition of Newgistics. We received net proceeds of $28 million and recognized a pre-tax gain of $10 million (after-tax gain of $4 million), which included a goodwill allocation of $16 million attributable to Tacit. In the fourth quarter of 2021, we acquired CrescoData for $15 million in cash plus potential additional payments of up to $7 million based on the achievement of revenue targets during 2022-2024. CrescoData is a Singapore based, Platform-as-a-Service business that enables mapping and automating of product, stock and order data between platforms and is included in our SendTech Solutions segment.

Fair Value Measurements and Derivative Instruments

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

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, 2021
	Level 1		Level 2		Level 3		Total
Assets:
Investment securities
Money market funds	$	88,705	$	338,043	$	—	$	426,748
Equity securities	—		29,356		—		29,356
Commingled fixed income securities	1,692		16,815		—		18,507
Government and related securities	9,790		25,439		—		35,229
Corporate debt securities	—		65,167		—		65,167
Mortgage-backed / asset-backed securities	—		172,018		—		172,018
Derivatives
Interest rate swap	—		3,103		—		3,103
Foreign exchange contracts	—		2,474		—		2,474
Total assets	$	100,187	$	652,415	$	—	$	752,602
Liabilities:
Derivatives

Foreign exchange contracts	$	—	$	(304)	$	—	$	(304)
Total liabilities	$	—	$	(304)	$	—	$	(304)


	December 31, 2020
	Level 1		Level 2		Level 3		Total
Assets:
Investment securities
Money market funds	$	73,228	$	434,791	$	—	$	508,019
Equity securities	—		26,583		—		26,583
Commingled fixed income securities	1,722		19,669		—		21,391
Government and related securities	16,776		16,757		—		33,533
Corporate debt securities	—		71,433		—		71,433
Mortgage-backed / asset-backed securities	—		220,678		—		220,678
Derivatives

Foreign exchange contracts	—		3,776		—		3,776
Total assets	$	91,726	$	793,687	$	—	$	885,413
Liabilities:
Derivatives
Interest rate swaps	$	—	$	(2,163)	$	—	$	(2,163)
Foreign exchange contracts	—		(1,960)		—		(1,960)
Total liabilities	$	—	$	(4,123)	$	—	$	(4,123)

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 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.

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, 2021
	Amortized cost		Gross unrealized gains		Gross unrealized losses		Estimated fair value

Government and related securities	$	36,160	$	81	$	(1,012)	$	35,229
Corporate debt securities	67,906		259		(2,998)		65,167
Commingled fixed income securities	1,725		—		(33)		1,692
Mortgage-backed / asset-backed securities	176,559		144		(4,685)		172,018
Total	$	282,350	$	484	$	(8,728)	$	274,106


	December 31, 2020
	Amortized cost		Gross unrealized gains		Gross unrealized losses		Estimated fair value

Government and related securities	$	31,882	$	157	$	(78)	$	31,961
Corporate debt securities	71,174		614		(355)		71,433
Commingled fixed income securities	1,706		16		—		1,722
Mortgage-backed / asset-backed securities	220,659		734		(715)		220,678
Total	$	325,421	$	1,521	$	(1,148)	$	325,794

Investment securities in a loss position were as follows:


	December 31, 2021				December 31, 2020
	Fair Value		Gross unrealized losses		Fair Value		Gross unrealized losses
Greater than 12 continuous months
Government and related securities	$	16,018	$	579	$	—	$	—
Corporate debt securities	51,385		2,658		—		—

Mortgage-backed / asset-backed securities	135,441		4,057		2,369		76
Total	$	202,844	$	7,294	$	2,369	$	76

Less than 12 continuous months
Government and related securities	$	15,438	$	433	$	8,500	$	78
Corporate debt securities	8,859		339		39,313		355
Commingled fixed income securities	1,692		33		—		—
Mortgage-backed / asset-backed securities	30,754		629		84,454		639
Total	$	56,743	$	1,434	$	132,267	$	1,072

At December 31, 2021, approximately 37% of total securities in the investment portfolio were in a net loss position. Our allowance for credit losses on available-for-sale investment securities is not significant, but we believe it is adequate as our investments are primarily in highly liquid U.S. government and agency securities, high grade corporate bonds and municipal bonds. We have not recognized an impairment on investment securities in an unrealized loss position because 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, 2021, scheduled maturities of available-for-sale securities were as follows:


	Amortized cost		Estimated fair value
Within 1 year	$	2,430	$	2,405
After 1 year through 5 years	14,811		14,544
After 5 years through 10 years	75,630		72,616
After 10 years	189,479		184,541
Total	$	282,350	$	274,106

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, 2021 and 2020 totaled $20 million and $75 million, respectively.

Derivative Instruments

Foreign Exchange Contracts

We 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. At December 31, 2021 and 2020, outstanding contracts associated with these anticipated transactions had a notional amount of $1 million and $8 million, respectively.

Interest Rate Swaps

We enter into interest rate swaps to manage the cost of debt. At December 31, 2021, we had outstanding interest rate swap agreements with a notional value of $200 million that 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. At December 31, 2020, we had interest rate swap agreements with a notional value of $500 million that was terminated during 2021.

The fair value of our derivative instruments was as follows:


		December 31,
Designation of Derivatives	Balance Sheet Location	2021		2020
Derivatives designated as hedging instruments
Foreign exchange contracts	Other current assets and prepayments	$	21	$	96
	Accounts payable and accrued liabilities	(10)		(112)

Interest rate swaps	Other assets (Other noncurrent liabilities)	3,103		(2,163)

Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets and prepayments	2,453		3,680

	Accounts payable and accrued liabilities	(294)		(1,848)

	Total derivative assets	5,577		3,776
	Total derivative liabilities	(304)		(4,123)
	Total net derivative asset (liability)	$	5,273	$	(347)

The amounts included in AOCL at December 31, 2021 will be recognized in earnings within the next 12 months. No amount of ineffectiveness was recorded in earnings for these designated cash flow hedges.

The following represents the results of cash flow hedging relationships:









	Years Ended December 31,
	Derivative Gain (Loss) Recognized in AOCI (Effective Portion)				Location of Gain (Loss) (Effective Portion)	Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)
Derivative Instrument	2021		2020			2021		2020
Foreign exchange contracts	$	198	$	(317)	Revenue	$	289	$	(161)
					Cost of sales	(117)		11
Interest rate swaps	5,266		(2,163)		Interest Expense	(366)		—
	$	5,464	$	(2,480)		$	(194)	$	(150)

We also enter into foreign exchange contracts to minimize the impact of exchange rate fluctuations on short-term intercompany loans and related interest that are denominated in a foreign currency. The revaluation of the intercompany loans and interest and the mark-to-market adjustment on the derivatives are both recorded in earnings. All outstanding contracts at December 31, 2021 mature over the next three months.

The following represents the mark-to-market adjustment on our non-designated derivative instruments:







		Years Ended December 31,
		Derivative Gain (Loss) Recognized in Earnings
Derivatives Instrument	Location of Derivative Gain (Loss)	2021		2020
Foreign exchange contracts	Selling, general and administrative expense	$	(4,540)	$	5,298

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 for 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,
	2021		2020
Carrying value	$	2,323,838	$	2,564,393
Fair value	$	2,355,894	$	2,479,895

Supplemental Financial Statement Information

12 Months Ended

Dec. 31, 2021

Balance Sheet Related Disclosures [Abstract]

Supplemental Financial Statement Information

Activity in the allowance for credit losses on accounts receivable is presented below.


	Balance at beginning of year		Cumulative effect of accounting change		Amounts charged to expense		Write-offs, recoveries and other		Balance at end of year		Accounts and other receivables		Other assets
2021	$	35,344	$	—	$	9,355	$	(15,520)	$	29,179	$	11,168	$	18,011
2020	$	17,830	$	15,336	$	19,789	$	(17,611)	$	35,344	$	18,899	$	16,445
2019	$	17,443	$	—	$	16,345	$	(15,958)	$	17,830	$	17,830	$	—

Other expense, net consisted of the following:


	Years Ended December 31,
	2021		2020		2019
Loss on refinancing of debt	$	56,209	$	36,987	$	6,623
Insurance proceeds	(3,000)		(16,928)		—
(Gain) loss on sale of assets/businesses	(11,635)		(11,908)		17,683

Other expense, net	$	41,574	$	8,151	$	24,306

Supplemental cash flow information is as follows:


	Years Ended December 31,
	2021		2020		2019

Purchases of property and equipment in accounts payable	$	5,305	$	16,098	$	1,301
Cash interest paid	$	124,084	$	151,857	$	157,709
Cash income tax payments, net of refunds	$	4,337	$	20,185	$	27,109

Selected balance sheet information is as follows:


	December 31,
	2021		2020
Other assets:
Long-term investments	$	333,052	$	364,212


Other (net of allowance of $18,011 and $16,445, respectively)	138,032		127,302
Total	$	471,084	$	491,514

Accounts payable and accrued liabilities:
Accounts payable	$	310,993	$	295,173
Customer deposits	185,528		165,774
Employee related liabilities	233,876		232,236
Other	192,146		187,433
Total	$	922,543	$	880,616

Other noncurrent liabilities:
Pension liabilities	$	115,457	$	235,439
Postretirement medical benefits	126,675		153,838
Other	66,596		47,738
Total	$	308,728	$	437,015

Restructuring Charges and Asset Impairments

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring Charges and Asset Impairments

Activity in our restructuring reserves was as follows:


	Severance and other exit costs
Balance at December 31, 2019	$	12,006
Expenses, net	20,712
Cash payments	(20,014)
Noncash activity	(2,641)
Balance at December 31, 2020	10,063
Expenses, net	19,003
Cash payments	(21,990)
Noncash activity	(1,329)
Balance at December 31, 2021	$	5,747

The majority of the remaining restructuring reserves are expected to be paid over the next 12-24 months.

Debt

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Debt


		December 31,
	Interest rate	2021		2020
Notes due October 2021	4.875%	—		152,588
Notes due May 2022	5.625%	—		148,792
Notes due April 2023	6.20%	90,259		271,000
Notes due March 2024	4.625%	242,603		374,000
Notes due March 2027	6.875%	400,000		—
Notes due March 2029	7.25%	350,000		—
Notes due January 2037	5.25%	35,841		35,841
Notes due March 2043	6.70%	425,000		425,000
Term loan due March 2026	LIBOR + 1.75%	370,500		380,000
Term loan due January 2025	LIBOR + 5.5%	—		818,125
Term loan due March 2028	LIBOR + 4.0%	446,625		—
Other debt		3,685		4,900
Principal amount		2,364,513		2,610,246
Less: unamortized costs, net		40,675		45,853
Total debt		2,323,838		2,564,393
Less: current portion long-term debt		24,739		216,032
Long-term debt		$	2,299,099	$	2,348,361

In 2021, we issued a $400 million 6.875% unsecured note due March 2027, a $350 million 7.25% unsecured note due March 2029 and entered into a seven-year $450 million secured term loan maturing March 2028. We redeemed all the outstanding October 2021 notes and an aggregate $363 million of the May 2022 notes, April 2023 notes and March 2024 notes under a tender offer, the remaining balance of the May 2022 notes and the remaining balance of the January 2025 term loan. We also extended the maturities of our $500 million secured revolving credit facility and our $380 million secured term loan from November 2024 to March 2026. A $56 million pre-tax loss was incurred on the refinancing of debt.

The credit agreement that governs the revolving credit facility and term loans contains financial and non-financial covenants. At December 31, 2021, we were in compliance with all covenants and there were no outstanding borrowings under the revolving credit facility.

We also terminated interest rate swap agreements with an aggregate notional value of $500 million and entered into new interest rate swap agreements with an aggregate notional amount of $200 million. Under the terms of the new swap agreements, we pay fixed-rate interest of 0.56% and receive variable-rate interest based on one-month LIBOR. The variable interest rate under the term loans and the swaps reset monthly. We received $2 million from the termination of the $500 million interest rate swap agreements, which was recorded in AOCL and will be recognized ratably in income through 2024.

At December 31, 2021, the interest rate of the 2028 Term Loan was 4.1% and the interest rate on the 2026 Term Loan was 1.9%.

Annual maturities of outstanding principal at December 31, 2021 are as follows:


2022	$	24,739
2023	119,748
2024	281,560
2025	42,500
2026	261,000
Thereafter	1,634,966
Total	$	2,364,513

Retirement Plans and Postretirement Medical Benefits

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

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 significant defined benefit plans have been frozen. The benefit obligations and funded status of defined benefit pension plans are as follows:


	United States				Foreign
	2021		2020		2021		2020
Accumulated benefit obligation	$	1,609,125	$	1,729,515	$	762,558	$	829,413

Projected benefit obligation
Benefit obligation - beginning of year	$	1,729,959	$	1,613,054	$	830,674	$	746,942
Service cost	102		86		1,528		1,650
Interest cost	42,434		52,103		11,811		13,379

Actuarial (gain) loss	(53,133)		185,306		(37,197)		76,006
Foreign currency changes	—		—		(10,747)		29,128

Settlements and curtailments	(1,429)		(3,854)		—		(15,171)

Benefits paid	(108,425)		(116,736)		(25,601)		(21,260)
Benefit obligation - end of year	$	1,609,508	$	1,729,959	$	770,468	$	830,674




Fair value of plan assets
Fair value of plan assets - beginning of year	$	1,601,786	$	1,487,018	$	742,639	$	668,308
Actual return on plan assets	51,828		225,812		17,929		78,120
Company contributions	5,397		9,546		9,686		9,674

Settlements and curtailments	(1,429)		(3,854)		—		(15,171)
Foreign currency changes	—		—		(7,210)		22,968
Benefits paid	(108,425)		(116,736)		(25,601)		(21,260)
Fair value of plan assets - end of year	$	1,549,157	$	1,601,786	$	737,443	$	742,639


Amounts recognized in the Consolidated Balance Sheets


Noncurrent asset	$	—	$	465	$	29,309	$	26,053
Current liability	(5,883)		(5,843)		(1,345)		(1,444)
Noncurrent liability	(54,468)		(122,795)		(60,989)		(112,644)
Funded status	$	(60,351)	$	(128,173)	$	(33,025)	$	(88,035)

Information provided in the table below is only for pension plans with an accumulated benefit obligation in excess of plan assets:


	United States				Foreign
	2021		2020		2021		2020
Projected benefit obligation	$	1,609,508	$	1,729,638	$	59,859	$	691,909
Accumulated benefit obligation	$	1,609,125	$	1,729,194	$	59,352	$	690,887
Fair value of plan assets	$	1,549,157	$	1,601,000	$	—	$	577,821


Pretax amounts recognized in AOCI consist of:
	United States				Foreign
	2021		2020		2021		2020
Net actuarial loss	$	716,585	$	783,211	$	301,913	$	334,520
Prior service (credit) cost	(149)		(209)		7,804		8,072
Transition asset	—		—		(7)		(7)
Total	$	716,436	$	783,002	$	309,710	$	342,585

The components of net periodic benefit cost (income) for defined benefit pension plans were as follows:


	United States						Foreign
	2021		2020		2019		2021		2020		2019
Service cost	$	102	$	86	$	83	$	1,528	$	1,650	$	1,543
Interest cost	42,434		52,103		63,171		11,811		13,379		17,853
Expected return on plan assets	(77,119)		(84,719)		(92,726)		(31,869)		(34,391)		(34,363)
Amortization of net transition asset	—		—		—		—		(4)		(6)
Amortization of prior service (credit) cost	(60)		(60)		(60)		268		245		243
Amortization of net actuarial loss	38,233		32,490		26,146		9,350		7,842		6,337

Settlements and curtailments	551		1,364		2,381		—		5,060		397
Net periodic benefit cost (income)	$	4,141	$	1,264	$	(1,005)	$	(8,912)	$	(6,219)	$	(7,996)

Other changes in plan assets and benefit obligations for defined benefit pension plans recognized in other comprehensive income were as follows:


	United States				Foreign
	2021		2020		2021		2020
Net actuarial (gain) loss	$	(27,842)	$	44,216	$	(23,257)	$	32,103

Amortization of net actuarial loss	(38,233)		(32,490)		(9,350)		(7,842)
Amortization of prior service credit (cost)	60		60		(268)		(245)
Net transition asset	—		—		—		4
Settlements and curtailments	(551)		(1,364)		—		(5,060)
Total recognized in other comprehensive income	$	(66,566)	$	10,422	$	(32,875)	$	18,960

Weighted-average actuarial assumptions used to determine year end benefit obligations and net periodic benefit cost for defined benefit pension plans include:


	2021				2020				2019
United States
Used to determine benefit obligations
Discount rate	2.85%				2.54%				3.34%
Rate of compensation increase	N/A				N/A				N/A

Used to determine net periodic benefit cost
Discount rate	2.54%				3.34%				4.34%
Expected return on plan assets	5.60%				6.25%				6.75%
Rate of compensation increase	N/A				N/A				N/A

Foreign
Used to determine benefit obligations
Discount rate	0.85	%	-	2.85%	0.70	%	-	2.40%	0.65	%	-	2.95%
Rate of compensation increase	1.50	%	-	3.65%	1.50	%	-	2.50%	1.50	%	-	2.50%

Used to determine net periodic benefit cost
Discount rate	0.70	%	-	2.40%	0.65	%	-	2.95%	0.75	%	-	3.55%
Expected return on plan assets	3.50	%	-	5.75%	4.25	%	-	6.00%	4.25	%	-	6.25%
Rate of compensation increase	1.50	%	-	2.50%	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 and postretirement medical benefit 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 and future expectations of returns and volatility of the 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 local 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,
	2022		2021		2020
Asset category
Equities	20	%	18	%	33	%
Multi-asset credit	3	%	3	%	—	%
Fixed income	70	%	73	%	62	%
Real estate	6	%	5	%	4	%
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 79% of the total foreign pension plan assets, were as follows:


	Target Allocation		Percent of Plan Assets at December 31,
	2022		2021		2020
Asset category

Global equities	10	%	12	%	22	%
Fixed income	70	%	69	%	60	%
Real estate	10	%	9	%	8	%
Diversified growth	10	%	9	%	9	%
Cash	—	%	1	%	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, 2021
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	3,725	$	—	$	3,725
Equity securities	—		195,037		—		195,037
Commingled fixed income securities	—		229,300		—		229,300
Government and related securities	202,416		26,582		—		228,998
Corporate debt securities	—		771,529		—		771,529
Mortgage-backed /asset-backed securities	—		12,486		—		12,486

Real estate	—		—		77,494		77,494
Securities lending collateral	—		145,855		—		145,855
Total plan assets at fair value	$	202,416	$	1,384,514	$	77,494	$	1,664,424
Securities lending payable							(145,855)
Investments valued at NAV							16,820
Cash							20,569
Other							(6,801)
Fair value of plan assets							$	1,549,157


	December 31, 2020
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	14,442	$	—	$	14,442
Equity securities	—		323,311		—		323,311
Commingled fixed income securities	—		264,896		—		264,896
Government and related securities	322,851		22,549		—		345,400
Corporate debt securities	—		586,998		—		586,998
Mortgage-backed /asset-backed securities	—		45,861		—		45,861

Real estate	—		—		69,347		69,347

Securities lending collateral	—		151,049		—		151,049
Total plan assets at fair value	$	322,851	$	1,409,106	$	69,347	$	1,801,304
Securities lending payable							(151,049)
Investments valued at NAV							17,132
Cash							15,449
Other							(81,050)
Fair value of plan assets							$	1,601,786

Foreign Plans


	December 31, 2021
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	8,577	$	—	$	8,577
Equity securities	—		96,596		—		96,596
Commingled fixed income securities	—		431,845		—		431,845
Government and related securities	—		46,522		—		46,522
Corporate debt securities	—		33,583		—		33,583


Real estate	—		7,168		52,491		59,659
Diversified growth funds	—		—		52,169		52,169

Total plan assets at fair value	$	—	$	624,291	$	104,660	$	728,951
Cash							7,966
Other							526
Fair value of plan assets							$	737,443


	December 31, 2020
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	10,072	$	—	$	10,072
Equity securities	—		166,683		—		166,683
Commingled fixed income securities	—		379,656		—		379,656
Government and related securities	—		46,268		—		46,268
Corporate debt securities	—		37,002		—		37,002


Real estate	—		—		45,275		45,275
Diversified growth funds	—		—		50,750		50,750
Total plan assets at fair value	$	—	$	639,681	$	96,025	$	735,706
Cash							6,448
Other							485
Fair value of plan assets							$	742,639

The following information relates to our classification of investments into the fair value hierarchy:

•Equity Securities: Equity securities are comprised of mutual funds investing in U.S. and foreign stocks. These mutual funds 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 (NAV)

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 is a remaining unfunded commitment of $8 million at December 31, 2021. These investments comprise 1.1% of total U.S. Pension Fund assets at both December 31, 2021 and 2020.

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, 2019	$	71,337	$	45,335	$	47,621
Realized gains	1,554		—		—
Unrealized losses	(3,360)		(2,134)		1,493
Net purchases, sales and settlements	(184)		1,221		56
Foreign currency and other	—		853		1,580
Balance at December 31, 2020	69,347		45,275		50,750
Realized gains	1,791		—		—
Unrealized gains	6,958		6,357		1,995
Net purchases, sales and settlements	(602)		1,663		—
Foreign currency and other	—		(804)		(576)
Balance at December 31, 2021	$	77,494	$	52,491	$	52,169

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:


	2021		2020
Benefit obligation
Benefit obligation - beginning of year	$	169,210	$	164,104
Service cost	909		885
Interest cost	3,755		4,993

Actuarial (gain) loss	(22,305)		11,496
Foreign currency changes	123		340



Benefits paid, net	(12,176)		(12,608)
Benefit obligation - end of year (1)	$	139,516	$	169,210



Fair value of plan assets
Fair value of plan assets - beginning of year	$	—	$	—
Company contribution	12,176		12,608

Benefits paid, net	(12,176)		(12,608)
Fair value of plan assets - end of year	$	—	$	—



Amounts recognized in the Consolidated Balance Sheets
Current liability	$	(12,841)	$	(15,372)
Non-current liability	(126,675)		(153,838)
Funded status	$	(139,516)	$	(169,210)

(1) The benefit obligation for U.S. postretirement medical benefits plan was $126 million and $153 million at December 31, 2021 and 2020, respectively.

Pretax amounts recognized in AOCI consist of:


	2021		2020
Net actuarial loss	$	15,175	$	41,570
Prior service cost	—		129
Total	$	15,175	$	41,699

The components of net periodic benefit cost for postretirement medical benefit plans were as follows:


	2021		2020		2019
Service cost	$	909	$	885	$	967
Interest cost	3,755		4,993		6,584
Amortization of prior service cost	129		373		321
Amortization of net actuarial loss	4,090		3,198		2,026


Net periodic benefit cost	$	8,883	$	9,449	$	9,898

Other changes in benefit obligation for postretirement medical benefit plans recognized in other comprehensive income were as follows:


	2021		2020
Net actuarial (gain) loss	$	(22,305)	$	11,496

Amortization of net actuarial loss	(4,090)		(3,198)
Amortization of prior service cost	(129)		(373)


Total recognized in other comprehensive income	$	(26,524)	$	7,925

The weighted-average discount rates used to determine end of year benefit obligation and net periodic pension cost include:


	2021		2020		2019
Discount rate used to determine benefit obligation
U.S.	2.80	%	2.35	%	3.20	%
Canada	2.90	%	2.50	%	3.00	%

Discount rate used to determine net period benefit cost
U.S.	2.35	%	3.20	%	4.20	%
Canada	2.50	%	3.00	%	3.60	%

The assumed health care cost trend rate used in measuring the accumulated postretirement benefit obligation for the U.S. plan was 6.8% and 7.0% for 2021 and 2020, respectively. The assumed health care trend rate is 6.50% for 2022 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
2022	$	130,497	$	12,854
2023	131,204		12,338
2024	124,812		11,819
2025	125,765		11,299
2026	123,679		10,778
Thereafter	601,374		45,383
	$	1,237,331	$	104,471

During 2022, we estimate making contributions of $6 million to our U.S. pension plans and $10 million to our foreign pension plans.

Savings Plans

We offer voluntary defined contribution plans to our U.S. employees designed to help them accumulate additional savings for retirement. We provide a core contribution to all employees, regardless if they participate in the plan, and match a portion of each participating employees' contribution, based on eligible pay. Total contributions to our defined contribution plans were $27 million in 2021 and $28 million in 2020.

- Definition

The entire disclosure for retirement benefits.

+ References

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+ Details

Income Taxes

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Income Taxes

Income (loss) from continuing operations before taxes consisted of the following:


	Years Ended December 31,
	2021		2020		2019
U.S.	$	(85,258)	$	(243,760)	$	500
International	77,843		60,391		26,232
Total	$	(7,415)	$	(183,369)	$	26,732

The provision (benefit) for income taxes from continuing operations consisted of the following:


	Years Ended December 31,
	2021			2020			2019
U.S. Federal:
Current	$	(7,419)		$	(10,582)		$	(18,789)
Deferred	(13,825)			6,516			11,500
	(21,244)			(4,066)			(7,289)
U.S. State and Local:
Current	5,401			(2,569)			(9,142)
Deferred	(5,827)			4,100			8,000
	(426)			1,531			(1,142)
International:
Current	10,979			4,993			9,993
Deferred	(231)			4,664			(14,689)
	10,748			9,657			(4,696)

Total current	8,961			(8,158)			(17,938)
Total deferred	(19,883)			15,280			4,811
Total (benefit) provision for income taxes	$	(10,922)		$	7,122		$	(13,127)

Effective tax rate	147.3		%	(3.9)		%	(49.1)		%

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.

The effective tax rate for 2020 includes a $12 million charge for the surrender of company owned life insurance policies, a $5 million benefit for the correction of tax balances in certain domestic and international tax jurisdictions, a $3 million benefit due to regulations enacted into law, a $2 million benefit for the carryback of net operating losses resulting from the CARES Act and a benefit of $2 million on the $198 million goodwill impairment charge as the majority of this charge is nondeductible.

The effective tax rate for 2019 includes benefits of $23 million from the release of a foreign valuation allowance and $9 million from the resolution of certain tax examinations. The effective tax rate for 2019 also includes a tax of $3 million on the $18 million book loss from the disposition of operations in certain international markets, primarily due to nondeductible basis differences.

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,
	2021		2020		2019
Federal statutory provision	$	(1,558)	$	(38,507)	$	5,613
State and local income taxes (1)	(336)		1,209		(901)
Impact of foreign operations taxed at rates other than the U.S. statutory rate (2)	(2,220)		(3,345)		(18,541)
Accrual/release of uncertain tax amounts related to foreign operations	(7,288)		1,802		191
U.S. tax impacts of foreign income in the U.S.	4,441		(2,300)		5,587
CARES Act carryback benefit	(2,270)		(1,646)		—
Tax incentives/credits/exempt income	(500)		(750)		(5,437)
Unrealized stock compensation benefits	(505)		2,312		2,176
Surrender of company-owned life insurance policies	—		10,313		—
Goodwill impairment	—		40,328		—


Other, net (3)	(686)		(2,294)		(1,815)
(Benefit) provision for income taxes	$	(10,922)	$	7,122	$	(13,127)

(1) Includes a charge of $2 million for the surrender of company-owned life insurance for the year ended December 31, 2020.

(2) Includes a benefit of $5 million for a deferred rate change for the year ended December 31, 2021, a benefit of $3 million for tax balance corrections and a deferred tax rate change benefit of $2 million for the year ended December 31, 2020 and a foreign valuation allowance release of $23 million and a $3 million tax on the disposition of operations in certain international markets for the year ended December 31, 2019.

(3) Includes a $3 million benefit from an affiliate reorganization and charge of $3 million related to the sale of a business for the year ended December 31, 2021, as well as a $2 million benefit related to tax balance corrections and a $1 million charge related to interest for the year ended December 31, 2020.

Deferred tax liabilities and assets consisted of the following:


	December 31,
	2021		2020
Deferred tax liabilities:
Depreciation	$	(85,544)	$	(69,900)
Deferred profit (for tax purposes) on sale to finance subsidiary	(26,745)		(28,101)
Lease revenue and related depreciation	(202,862)		(190,852)
Intangible assets	(76,672)		(81,816)
Operating lease liability	(46,496)		(50,071)
Other	(25,438)		(27,865)
Gross deferred tax liabilities	(463,757)		(448,605)

Deferred tax assets:
Postretirement medical benefits	34,681		42,423
Pension	20,472		48,385
Operating lease asset	52,271		54,538
Inventory and equipment capitalization	1,866		3,903
Restructuring charges	1,548		2,022
Long-term incentives	12,308		12,905
Net operating loss	113,025		82,823
Tax credit carry forwards	65,931		64,070
Tax uncertainties gross-up	6,929		6,656
Other	58,457		42,079
Gross deferred tax assets	367,488		359,804
Less: Valuation allowance	(121,778)		(116,543)
Net deferred tax assets	245,710		243,261

Total deferred taxes, net	$	(218,047)	$	(205,344)

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 $157 million as of December 31, 2021, the majority of which has an indefinite carryforward period. We have net operating loss carryforwards in international jurisdictions of $163 million as of December 31, 2021, of which $150 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 $1.1 billion that will expire over the next 20 years. In addition, we have tax credit carryforwards of $66 million, of which $51 million can be carried forward indefinitely and the remainder expire over the next 11 years.

As of December 31, 2021, we assert that we are permanently reinvested in our pre-1987 and post-2017 undistributed earnings of $264 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 $2 million.

Uncertain Tax Positions

A reconciliation of the amount of unrecognized tax benefits is as follows:


	2021		2020		2019
Balance at beginning of year	$	50,064	$	60,302	$	71,458
Increases from prior period positions	3,016		2,147		510
Decreases from prior period positions	(4,247)		(47)		(9,711)
Increases from current period positions	492		3,472		5,052

Decreases relating to settlements with tax authorities	(1,270)		(12,508)		(2,626)
Reductions from lapse of applicable statute of limitations	(2,983)		(3,302)		(4,381)
Balance at end of year	$	45,072	$	50,064	$	60,302

The amount of the unrecognized tax benefits at December 31, 2021, 2020 and 2019 that would affect the effective tax rate if recognized was $39 million, $44 million and $54 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 10% 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, 2021, 2020 and 2019 were not significant. We had approximately $4 million accrued for the payment of interest and penalties at both December 31, 2021 and 2020.

Other Tax Matters

The Internal Revenue Service examinations of our consolidated U.S. income tax returns for tax years prior to 2018 are closed to audit; however, various post-2016 U.S. state and local tax returns are still subject to examination, with some states in appeals from 2011. For our significant non-U.S. jurisdictions, Canada is closed to examination through 2016 except for a specific issue arising in earlier years, France is closed through 2019, Germany is closed through 2016 and the U.K. is closed through 2018. 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 impact, positive or negative, on our results of operations, financial position and cash flows.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and ContingenciesIn the ordinary course of business, we are routinely defendants in, or party to, a number of pending and threatened legal actions. These may involve litigation by or against us relating 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 employees, clients or others. In management's opinion, it is not reasonably possible that the potential liability, if any, that may result from these actions, either individually or collectively, will have a material effect on our financial position, results of operations or cash flows. However, as litigation is inherently unpredictable, there can be no assurances in this regard.

Leased Assets and Liabilities

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

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 an option to extend the lease for up to 5 years. 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 our lease liability is determined using our incremental borrowing rate at lease commencement. Information regarding operating and financing leases are as follows:


Leases	Balance Sheet Location	December 31, 2021		December 31, 2020
Assets
Operating	Operating lease assets	$	208,428	$	201,916
Finance	Property, plant and equipment, net	46,770		23,973
Total leased assets		$	255,198	$	225,889

Liabilities
Operating	Current operating lease liabilities	$	40,299	$	39,182
	Noncurrent operating lease liabilities	192,092		180,292
Finance	Accounts payable and accrued liabilities	10,694		4,714
	Other noncurrent liabilities	39,535		18,862
Total lease liabilities		$	282,620	$	243,050


	Years Ended December 31,
Lease Cost	2021		2020		2019
Operating lease expense	$	62,269	$	54,718	$	48,503
Finance lease expense
Amortization of leased assets	9,191		3,792		3,372
Interest on lease liabilities	2,826		949		700

Variable lease expense	33,924		21,413		23,188
Sublease income	(1,761)		(979)		(1,948)
Total expense	$	106,449	$	79,893	$	73,815

Operating lease expense includes immaterial amounts related to leases with terms of 12 months or less.


Future Lease Payments	Operating Leases		Finance Leases		Total
2022	$	53,380	$	13,444	$	66,824
2023	46,776		11,226		58,002
2024	41,731		9,889		51,620
2025	34,202		8,280		42,482
2026	29,406		6,751		36,157
Thereafter	80,900		9,357		90,257
Total	286,395		58,947		345,342
Less: present value discount	54,004		8,718		62,722
Lease liability	$	232,391	$	50,229	$	282,620

Future lease payments exclude $21 million of payments for leases signed but not yet commenced at December 31, 2021.


Lease Term and Discount Rate	December 31, 2021	December 31, 2020
Weighted-average remaining lease term
Operating leases	6.7 years	7.2 years
Finance leases	5.5 years	5.6 years
Weighted-average discount rate
Operating leases	6.5%	7.1%
Finance leases	6%	7.1%


	Years Ended December 31,
Cash Flow Information	2021		2020		2019
Operating cash outflows - operating leases	$	59,748	$	52,565	$	44,252
Operating cash outflows - finance leases	$	2,826	$	949	$	700
Financing cash outflows - finance leases	$	7,707	$	4,223	$	3,096

Leased assets obtained in exchange for new lease obligations
Operating leases	$	48,662	$	38,641	$	87,160
Finance leases	$	30,840	$	17,741	$	4,072

Leased Assets and Liabilities


Leases	Balance Sheet Location	December 31, 2021		December 31, 2020
Assets
Operating	Operating lease assets	$	208,428	$	201,916
Finance	Property, plant and equipment, net	46,770		23,973
Total leased assets		$	255,198	$	225,889

Liabilities
Operating	Current operating lease liabilities	$	40,299	$	39,182
	Noncurrent operating lease liabilities	192,092		180,292
Finance	Accounts payable and accrued liabilities	10,694		4,714
	Other noncurrent liabilities	39,535		18,862
Total lease liabilities		$	282,620	$	243,050


	Years Ended December 31,
Lease Cost	2021		2020		2019
Operating lease expense	$	62,269	$	54,718	$	48,503
Finance lease expense
Amortization of leased assets	9,191		3,792		3,372
Interest on lease liabilities	2,826		949		700

Variable lease expense	33,924		21,413		23,188
Sublease income	(1,761)		(979)		(1,948)
Total expense	$	106,449	$	79,893	$	73,815

Operating lease expense includes immaterial amounts related to leases with terms of 12 months or less.


Future Lease Payments	Operating Leases		Finance Leases		Total
2022	$	53,380	$	13,444	$	66,824
2023	46,776		11,226		58,002
2024	41,731		9,889		51,620
2025	34,202		8,280		42,482
2026	29,406		6,751		36,157
Thereafter	80,900		9,357		90,257
Total	286,395		58,947		345,342
Less: present value discount	54,004		8,718		62,722
Lease liability	$	232,391	$	50,229	$	282,620

Future lease payments exclude $21 million of payments for leases signed but not yet commenced at December 31, 2021.


Lease Term and Discount Rate	December 31, 2021	December 31, 2020
Weighted-average remaining lease term
Operating leases	6.7 years	7.2 years
Finance leases	5.5 years	5.6 years
Weighted-average discount rate
Operating leases	6.5%	7.1%
Finance leases	6%	7.1%


	Years Ended December 31,
Cash Flow Information	2021		2020		2019
Operating cash outflows - operating leases	$	59,748	$	52,565	$	44,252
Operating cash outflows - finance leases	$	2,826	$	949	$	700
Financing cash outflows - finance leases	$	7,707	$	4,223	$	3,096

Leased assets obtained in exchange for new lease obligations
Operating leases	$	48,662	$	38,641	$	87,160
Finance leases	$	30,840	$	17,741	$	4,072

Stockholders' Equity

12 Months Ended

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

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, 2018	187,675,082	135,662,830
Repurchases of common stock	(18,595,315)	18,595,315
Issuance of treasury stock	1,276,797	(1,276,797)
Conversions to common stock	92,379	(92,379)
Balance at December 31, 2019	170,448,943	152,888,969

Issuance of treasury stock	1,526,245	(1,526,245)

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

At December 31, 2021, 36,722,032 shares were reserved for issuance under our stock plans and dividend reinvestment program.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
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-Subparagraph (b)
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496171-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496189-112644

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=123467817&loc=SL123496158-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

Reclassifications out of accumulated other comprehensive loss were as follows:


	Gain (Loss) Reclassified from AOCL (a)
	Years Ended December 31,
	2021		2020		2019
Cash flow hedges

Revenue	$	289	$	(161)	$	72
Cost of sales	(117)		11		104
Interest expense	(366)		—		—

Total before tax	(194)		(150)		176
Tax (benefit) provision	(49)		(37)		44
Net of tax	$	(145)	$	(113)	$	132

Available for sale securities
Financing revenue	$	(6)	$	10,124	$	1,079
Selling, general and administrative expense	(7)		231		—
Total before tax	(13)		10,355		1,079
Tax (benefit) provision	(2)		2,589		270
Net of tax	$	(11)	$	7,766	$	809

Pension and Postretirement Benefit Plans (b)
Transition asset	$	—	$	4	$	6
Prior service costs	(337)		(558)		(504)
Actuarial losses	(51,673)		(43,530)		(34,509)
Settlement	(551)		(6,424)		(2,778)
Total before tax	(52,561)		(50,508)		(37,785)
Tax benefit	(12,755)		(11,930)		(9,497)
Net of tax	$	(39,806)	$	(38,578)	$	(28,288)

(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, 2018	$	191	$	(3,061)	$	(846,461)	$	(99,630)	$	(948,961)


Other comprehensive loss before reclassifications	278		6,719		(845)		75,319		81,471
Amounts reclassified from accumulated other comprehensive loss	(132)		(809)		28,288		—		27,347
Net other comprehensive income	146		5,910		27,443		75,319		108,818
Balance at December 31, 2019	337		2,849		(819,018)		(24,311)		(840,143)
Other comprehensive (loss) income before reclassifications	(1,861)		5,319		(70,623)		37,252		(29,913)
Amounts reclassified from accumulated other comprehensive loss	113		(7,766)		38,578		—		30,925
Net other comprehensive (loss) income	(1,748)		(2,447)		(32,045)		37,252		1,012
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)

Stock-Based Compensation Plans

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Stock-Based Compensation Plans

We may grant restricted stock units, non-qualified stock options and performance stock units 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, 2021, there were 119,940,056 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. The following table summarizes information about RSUs:


	2021			2020
	Shares	Weighted average fair value		Shares	Weighted average fair value
Outstanding - beginning of the year	6,560,372	$	6.27	4,480,847	$	9.51
Granted	2,100,126	8.36		4,123,544	3.92
Vested	(2,504,189)	6.72		(1,486,371)	9.65
Forfeited	(418,016)	6.61		(557,648)	5.06
Outstanding - end of the year	5,738,293	$	6.95	6,560,372	$	6.27

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, 2021, there was $9 million of unrecognized compensation cost related to RSUs that is expected to be recognized over a weighted-average period of 1.6 years. The intrinsic value of RSUs outstanding at December 31, 2021 was $38 million. The fair value of RSUs vested during 2021, 2020 and 2019 was $22 million, $6 million and $8 million, respectively. During 2019, we granted 3,113,886 RSUs at a weighted average fair value of $6.56.

In 2021 and 2020, we granted 121,455 and 282,131 RSUs, 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 received by the employee is conditional 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 and the actual number of shares awarded may range from 0% to 200% of the target award. The final determination of the number of shares to be issued is made by the Board of Directors, who may reduce, but not increase, the number of shares to be awarded (negative discretion). PSUs are accounted for as variable awards until the end of the service period when the grant date is established.

The following table summarizes share information about PSUs:


	2021			2020
	Shares	Weighted average fair value		Shares	Weighted average fair value
Outstanding - beginning of the year	1,730,002	$	9.31	2,778,362	$	10.09

Vested	(287,109)	9.33		(303,460)	4.00
Forfeited	(433,802)	9.33		(744,900)	11.57

Outstanding - end of the year	1,009,091	$	6.60	1,730,002	$	9.31

Share-based compensation expense for PSUs is recognized ratably over the service period based on the number shares expected to be awarded and the fair value of an award. The fair value of PSUs is determined using a Monte Carlo simulation model. Due to the variability of these awards, significant fluctuations in share-based compensation expense for PSUs recognized from one period to the next are possible. During 2019, we granted 1,368,182 PSUs at an initial award date fair value of $6.60.

Stock Options

Stock options are granted at an exercise price equal to or greater than the stock price of our common stock on the grant date. Options vest ratably over three years and expire ten years from the grant date. At December 31, 2021, there was $2 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 1.4 years. The intrinsic value of options outstanding at December 31, 2021 was $7 million and the intrinsic value of options exercisable was not significant.

The following table summarizes information about stock option activity:


	2021			2020
	Shares	Per share weighted average exercise prices		Shares	Per share weighted average exercise prices
Options outstanding - beginning of the year	12,814,365	$	11.81	12,822,684	$	14.08
Granted	737,842	8.48		2,801,982	3.98
Exercised	(777,429)	6.11		(33,501)	6.82
Canceled	(604,101)	11.71		(1,653,126)	10.09
Expired	(1,050,608)	25.85		(1,123,674)	22.09
Options outstanding - end of the year	11,120,069	$	10.65	12,814,365	$	11.81
Options exercisable - end of the year	8,853,859	$	11.94	7,027,974	$	16.76

There were no stock option exercises in 2019.

The following table provides additional information about stock options outstanding and exercisable at December 31, 2021:


	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 - $8.76	5,460,787	$	5.65	7.7 years	3,194,577	$	5.69	7.2 years
$12.64 - $16.88	4,857,128	$	14.40	4.5 years	4,857,128	$	14.40	4.5 years
$17.20 - $23.94	802,154	$	21.93	1.2 years	802,154	$	21.93	1.2 years

	11,120,069	$	10.64	5.8 years	8,853,859	$	11.94	5.2 years

The fair value of stock options is determined using a Black-Scholes valuation model and requires assumptions be made regarding the expected stock price volatility, risk-free interest rate, life of the award and dividend yield. The expected stock price volatility is based on historical price changes of our stock. The risk-free interest rate is based on U.S. Treasuries with a term equal to the expected life of the award. The expected life of the award and expected dividend yield are based on historical experience.

The following table lists the weighted average of assumptions used to calculate the fair value of stock options granted:


	Years Ended December 31,
	2021		2020		2019
Expected dividend yield	2.4	%	5.0	%	3.0	%
Expected stock price volatility	70.0	%	43.0	%	41.5	%
Risk-free interest rate	1.1	%	1.5	%	2.5	%
Expected life	7 years		7 years		5 years
Weighted-average fair value per option granted	$4.53		$1.01		$1.98
Fair value of options granted	$3,342		$2,830		$1,722

Employee Stock Purchase Plan (ESPP)

We maintain a non-compensatory ESPP that enables substantially all U.S. and Canadian employees to purchase shares of our common stock at an offering price of 95% of the average market price on the offering date. At no time will the exercise price be less than the lowest price permitted under Section 423 of the Internal Revenue Code. Employees purchased 182,899 shares and 291,540 shares in 2021 and 2020, respectively. We have reserved 1,818,727 common shares for future purchase under the ESPP.

Subsequent Event	12 Months Ended
Subsequent Event	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Event	Subsequent EventIn February 2022, we closed on the sale and leaseback of our Shelton, Connecticut office building and received net proceeds, after fees and expenses, of $51 million and will recognize a pre-tax gain of $14 million. Total base lease payments under the leaseback agreement will be approximately $41 million over the ten year lease term.

Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Quarterly Financial Data (unaudited)

Effective October 1, 2021, we elected to adopt the FIFO inventory valuation methodology where we had previously valued inventory on the LIFO basis. Accordingly, amounts previously reported for all quarters of 2020 and the first, second and third quarters of 2021 have been recast from what was previously reported in our quarterly filings on Form 10-Q and annual filing on Form 10-K.


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
2021
Revenue	$	915,197	$	899,203	$	875,449	$	983,712	$	3,673,561
Cost of revenue	627,635		610,307		601,582		712,039		2,551,563
Operating expenses	329,209		263,105		266,897		270,202		1,129,413
(Loss) income from continuing operations before income taxes	(41,647)		25,791		6,970		1,471		(7,415)
(Benefit) provision for income taxes	(13,992)		4,915		(1,525)		(320)		(10,922)
(Loss) income from continuing operations	(27,655)		20,876		8,495		1,791		3,507
Income (loss) from discontinued operations	(3,886)		(1,020)		572		(524)		(4,858)
Net (loss) income	$	(31,541)	$	19,856	$	9,067	$	1,267	$	(1,351)
Basic (loss) earnings per share (1)
Continuing operations	$	(0.16)	$	0.12	$	0.05	$	0.01	$	0.02
Discontinued operations	(0.02)		(0.01)		—		—		(0.03)
Net (loss) income	$	(0.18)	$	0.11	$	0.05	$	0.01	$	(0.01)
Diluted (loss) earnings per share (1)
Continuing operations	$	(0.16)	$	0.12	$	0.05	$	0.01	$	0.02
Discontinued operations	(0.02)		(0.01)		—		—		(0.03)
Net (loss) income	$	(0.18)	$	0.11	$	0.05	$	0.01	$	(0.01)


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
2020
Revenue	$	796,268	$	837,492	$	891,898	$	1,028,417	$	3,554,075
Cost of revenues	502,891		565,532		608,242		727,995		2,404,660
Operating expenses	521,954		255,477		272,380		282,973		1,332,784
Income (loss) from continuing operations before income taxes	(228,577)		16,483		11,276		17,449		(183,369)
Provision (benefit) for income taxes	(10,026)		16,957		541		(350)		7,122
(Loss) income from continuing operations	(218,551)		(474)		10,735		17,799		(190,491)
(Loss) income from discontinued operations	10,064		(3,032)		616		2,467		10,115
Net (loss) income	$	(208,487)	$	(3,506)	$	11,351	$	20,266	$	(180,376)
Basic (loss) earnings per share (1):
Continuing operations	$	(1.28)	$	—	$	0.06	$	0.10	$	(1.11)
Discontinued operations	0.06		(0.02)		—		0.01		0.06
Net (loss) income	$	(1.22)	$	(0.02)	$	0.07	$	0.12	$	(1.05)
Diluted (loss) earnings per share (1):
Continuing operations	$	(1.28)	$	—	$	0.06	$	0.10	$	(1.11)
Discontinued operations	0.06		(0.02)		—		0.01		0.06
Net (loss) income	$	(1.22)	$	(0.02)	$	0.06	$	0.11	$	(1.05)

(1) The sum of earnings per share amounts may not equal the totals due to rounding.

Schedule II - Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2021

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
2021	$	116,543	$	7,490	$	(2,255)	$	121,778
2020	$	110,781	$	23,150	$	(17,388)	$	116,543
2019	$	142,496	$	5,324	$	(37,039)	$	110,781

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Basis of Presentation


	Year Ended December 31, 2020
Consolidated Statement of Income (Loss)	As Previously Reported		Adjustments		As Revised
Cost of equipment sales	$	236,716	$	(1,563)	$	235,153
Total costs and expenses	$	3,739,007	$	(1,563)	$	3,737,444
(Loss) income from continuing operations before income taxes	$	(184,932)	$	1,563	$	(183,369)
(Benefit) provision for income taxes	$	6,727	$	395	$	7,122
Income (loss) from continuing operations	$	(191,659)	$	1,168	$	(190,491)
Net (loss) income	$	(181,544)	$	1,168	$	(180,376)
Basic (loss) earnings per share - continuing operations	$	(1.12)	$	0.01	$	(1.11)
Basic (loss) earnings per share	$	(1.06)	$	0.01	$	(1.05)
Diluted (loss) earnings per share - continuing operations	$	(1.12)	$	0.01	$	(1.11)
Diluted (loss) earnings per share	$	(1.06)	$	0.01	$	(1.05)


	Year Ended December 31, 2019
Consolidated Statement of Income (Loss)	As Previously Reported		Adjustments		As Revised
Cost of equipment sales	$	244,210	$	410	$	244,620
Total costs and expenses	$	3,177,983	$	410	$	3,178,393
(Loss) income from continuing operations before income taxes	$	27,142	$	(410)	$	26,732
(Benefit) provision for income taxes	$	(13,007)	$	(120)	$	(13,127)
Income (loss) from continuing operations	$	40,149	$	(290)	$	39,859
Net (loss) income	$	194,609	$	(290)	$	194,319
Basic (loss) earnings per share - continuing operations	$	0.23	$	—	$	0.23
Basic (loss) earnings per share	$	1.10	$	—	$	1.10
Diluted (loss) earnings per share - continuing operations	$	0.23	$	(0.01)	$	0.22
Diluted (loss) earnings per share	$	1.10	$	—	$	1.10


	December 31, 2020
Consolidated Balance Sheet	As Previously Reported		Adjustments		As Revised
Inventories	$	65,845	$	5,635	$	71,480
Total current assets	$	2,106,923	$	5,635	$	2,112,558
Noncurrent income taxes	$	72,653	$	(1,409)	$	71,244
Total assets	$	5,220,137	$	4,226	$	5,224,363
Retained earnings	$	5,201,195	$	4,226	$	5,205,421
Total stockholders' equity	$	66,395	$	4,226	$	70,621
Total liabilities and stockholders' equity	$	5,220,137	$	4,226	$	5,224,363


	Year Ended December 31, 2020
Consolidated Statement of Cash Flows	As Previously Reported		Adjustments		As Revised
Net (loss) income	$	(181,544)	$	1,168	$	(180,376)
Deferred tax (benefit) provision	$	14,885	$	395	$	15,280
(Increase) decrease in inventories	$	3,145	$	(1,563)	$	1,582


	Year Ended December 31, 2019
Consolidated Statement of Cash Flows	As Previously Reported		Adjustments		As Revised
Net (loss) income	$	194,609	$	(290)	$	194,319
Deferred tax (benefit) provision	$	4,931	$	(120)	$	4,811
(Increase) decrease in inventories	$	(5,588)	$	410	$	(5,178)

Use of Estimates

Use of EstimatesThe 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, the allocation of purchase price to assets and liabilities acquired in business combinations, stock-based compensation expense and loss contingencies. Actual results could differ from those estimates and assumptions.

Cash Equivalents

Cash Equivalents Cash equivalents include interest-earning investments with maturities of three months or less at the date of purchase.

Marketable Securities

Investment securities that management has the positive intent and ability to hold to maturity are classified as held-to-maturity and are carried at amortized cost.

Accounts and Other Receivables and Allowance for Credit Losses

Finance Receivables and Allowance for Credit Losses

Inventories

InventoriesInventories are stated at the lower of cost, determined on the first-in, first-out (FIFO) basis or net realizable value.

Fixed 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

Revenue Recognition

Business services

Support services

Financing

Equipment sales

Supplies

Supplies revenue includes revenue from supplies for our mailing equipment and is recognized upon delivery.

Rentals

Shipping and Handling

Shipping and handling costs are recognized as costs of revenue as incurred.

Research and Development Costs

include salaries, benefits and other employee-related expenses, materials, contract services, information systems and facilities and equipment costs.

Restructuring Charges

Stock-based Compensation

Retirement Plans

Retirement PlansNet periodic benefit cost includes current 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

Impairment Review for Goodwill

Derivative Instruments

Income Taxes

Earnings per Share

Translation of Non-U.S. Currency Amounts

Translation of Non-U.S. Currency AmountsIn 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 monthly rates during the period. Net deferred translation gains and losses are included as a component of accumulated other comprehensive loss.

Loss Contingencies

New Accounting Pronouncements

New Accounting Pronouncements - Standards Adopted in 2021

New Accounting Pronouncements - Standards Not Yet Adopted

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Accounting Policies [Abstract]

Schedule of Error Corrections and Prior Period Adjustments

Financial statements for the years ended December 31, 2020 and 2019 and at December 31, 2020 have been recast and the impact on our previously issued financial statements is presented in the following tables. Had we not elected to adopt the FIFO inventory valuation methodology, 2021 cost of equipment sales would have been approximately $2 million higher and inventory would have been approximately $2 million lower.


	Year Ended December 31, 2020
Consolidated Statement of Income (Loss)	As Previously Reported		Adjustments		As Revised
Cost of equipment sales	$	236,716	$	(1,563)	$	235,153
Total costs and expenses	$	3,739,007	$	(1,563)	$	3,737,444
(Loss) income from continuing operations before income taxes	$	(184,932)	$	1,563	$	(183,369)
(Benefit) provision for income taxes	$	6,727	$	395	$	7,122
Income (loss) from continuing operations	$	(191,659)	$	1,168	$	(190,491)
Net (loss) income	$	(181,544)	$	1,168	$	(180,376)
Basic (loss) earnings per share - continuing operations	$	(1.12)	$	0.01	$	(1.11)
Basic (loss) earnings per share	$	(1.06)	$	0.01	$	(1.05)
Diluted (loss) earnings per share - continuing operations	$	(1.12)	$	0.01	$	(1.11)
Diluted (loss) earnings per share	$	(1.06)	$	0.01	$	(1.05)


	Year Ended December 31, 2019
Consolidated Statement of Income (Loss)	As Previously Reported		Adjustments		As Revised
Cost of equipment sales	$	244,210	$	410	$	244,620
Total costs and expenses	$	3,177,983	$	410	$	3,178,393
(Loss) income from continuing operations before income taxes	$	27,142	$	(410)	$	26,732
(Benefit) provision for income taxes	$	(13,007)	$	(120)	$	(13,127)
Income (loss) from continuing operations	$	40,149	$	(290)	$	39,859
Net (loss) income	$	194,609	$	(290)	$	194,319
Basic (loss) earnings per share - continuing operations	$	0.23	$	—	$	0.23
Basic (loss) earnings per share	$	1.10	$	—	$	1.10
Diluted (loss) earnings per share - continuing operations	$	0.23	$	(0.01)	$	0.22
Diluted (loss) earnings per share	$	1.10	$	—	$	1.10


	December 31, 2020
Consolidated Balance Sheet	As Previously Reported		Adjustments		As Revised
Inventories	$	65,845	$	5,635	$	71,480
Total current assets	$	2,106,923	$	5,635	$	2,112,558
Noncurrent income taxes	$	72,653	$	(1,409)	$	71,244
Total assets	$	5,220,137	$	4,226	$	5,224,363
Retained earnings	$	5,201,195	$	4,226	$	5,205,421
Total stockholders' equity	$	66,395	$	4,226	$	70,621
Total liabilities and stockholders' equity	$	5,220,137	$	4,226	$	5,224,363


	Year Ended December 31, 2020
Consolidated Statement of Cash Flows	As Previously Reported		Adjustments		As Revised
Net (loss) income	$	(181,544)	$	1,168	$	(180,376)
Deferred tax (benefit) provision	$	14,885	$	395	$	15,280
(Increase) decrease in inventories	$	3,145	$	(1,563)	$	1,582


	Year Ended December 31, 2019
Consolidated Statement of Cash Flows	As Previously Reported		Adjustments		As Revised
Net (loss) income	$	194,609	$	(290)	$	194,319
Deferred tax (benefit) provision	$	4,931	$	(120)	$	4,811
(Increase) decrease in inventories	$	(5,588)	$	410	$	(5,178)

Revenue (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables disaggregate our revenue by source and timing of recognition:


	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
Financing	—		—		294,418		294,418
Equipment sales	—		—		259,123		259,123
Rentals	—		—		74,005		74,005
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


	Year Ended December 31, 2020
	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	$	1,618,897	$	521,212	$	51,197	$	2,191,306	$	—	$	2,191,306
Support services	—		—		473,292		473,292		—		473,292
Financing	—		—		—		—		341,034		341,034
Equipment sales	—		—		74,660		74,660		240,222		314,882
Supplies	—		—		159,282		159,282		—		159,282
Rentals	—		—		—		—		74,279		74,279
Subtotal	1,618,897		521,212		758,431		2,898,540		$	655,535	$	3,554,075

Revenue from leasing transactions and financing
Financing	—		—		341,034		341,034
Equipment sales	—		—		240,222		240,222
Rentals	—		—		74,279		74,279
Total revenue	$	1,618,897	$	521,212	$	1,413,966	$	3,554,075

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	293,648	$	293,648
Products/services transferred over time	1,618,897		521,212		464,783		2,604,892
Total	$	1,618,897	$	521,212	$	758,431	$	2,898,540


	Year Ended December 31, 2019
	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	$	1,151,510	$	529,588	$	29,703	$	1,710,801	$	—	$	1,710,801
Support services	—		—		506,187		506,187		—		506,187
Financing	—		—		—		—		368,090		368,090
Equipment sales	—		—		80,562		80,562		271,542		352,104
Supplies	—		—		187,287		187,287		—		187,287
Rentals	—		—		—		—		80,656		80,656
Subtotal	1,151,510		529,588		803,739		2,484,837		$	720,288	$	3,205,125

Revenue from leasing transactions and financing
Financing	—		—		368,090		368,090
Equipment sales	—		—		271,542		271,542
Rentals	—		—		80,656		80,656
Total revenue	$	1,151,510	$	529,588	$	1,524,027	$	3,205,125

Timing of revenue recognition from products and services
Products/services transferred at a point in time	$	—	$	—	$	334,046	$	334,046
Products/services transferred over time	1,151,510		529,588		469,693		2,150,791
Total	$	1,151,510	$	529,588	$	803,739	$	2,484,837

Contract Assets and Advance Billings

Advance Billings from Contracts with Customers


	Balance Sheet Location	December 31, 2021		December 31, 2020		Increase/ (decrease)
Advance billings, current	Advance billings	$	92,926	$	106,498	$	(13,572)
Advance billings, noncurrent	Other noncurrent liabilities	$	1,109	$	1,277	$	(168)

Future Performance Obligations

The transaction prices allocated to future performance obligations will be recognized as follows:


	2022		2023		2024-2026		Total
SendTech Solutions	$	276,314	$	196,265	$	213,395	$	685,974

Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Reconciliation of Revenue From Segments to Consolidated Statements

The following tables provide information about our reportable segments and reconciliation of segment EBIT to net (loss) income. As a result of change from LIFO to FIFO inventory valuation discussed in Note 1, SendTech Solutions EBIT for 2020 and 2019 has also been recast.


	Revenue
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	1,702,580	$	1,618,897	$	1,151,510
Presort Services	573,480		521,212		529,588
SendTech Solutions	1,397,501		1,413,966		1,524,027
Total revenue	$	3,673,561	$	3,554,075	$	3,205,125

Geographic data:
United States	$	3,114,905	$	3,112,285	$	2,745,928
Outside United States	558,656		441,790		459,197
Total revenue	$	3,673,561	$	3,554,075	$	3,205,125

Reconciliation of EBIT From Segments to Consolidated Statements


	EBIT
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	(98,673)	$	(82,894)	$	(70,146)
Presort Services	79,721		55,799		70,693
SendTech Solutions	429,415		442,648		489,912
Total segment EBIT	410,463		415,553		490,459
Reconciling items:
Interest, net	(143,945)		(153,915)		(155,558)
Unallocated corporate expenses	(207,774)		(200,406)		(211,529)
Restructuring charges and asset impairments	(19,003)		(20,712)		(69,606)
Goodwill impairment	—		(198,169)		—
Loss on debt refinancing	(56,209)		(36,987)		(6,623)
Gain (loss) on sale of assets/businesses	11,635		11,908		(17,683)


Transaction costs	(2,582)		(641)		(2,728)
Benefit (provision) for income taxes	10,922		(7,122)		13,127
Income (loss) from continuing operations	3,507		(190,491)		39,859
(Loss) income from discontinued operations, net of tax	(4,858)		10,115		154,460
Net (loss) income	$	(1,351)	$	(180,376)	$	194,319

Reconciliation of Depreciation and Amortization from Segments to Consolidated


	Depreciation and amortization
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	79,128	$	69,676	$	68,385
Presort Services	27,243		31,769		29,440
SendTech Solutions	29,950		34,316		39,758
Total for reportable segments	136,321		135,761		137,583
Corporate	26,538		24,864		21,559
Total depreciation and amortization	$	162,859	$	160,625	$	159,142

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated


	Capital expenditures
	Years Ended December 31,
	2021		2020		2019
Global Ecommerce	$	89,488	$	46,427	$	53,374
Presort Services	36,628		15,795		27,394
SendTech Solutions	26,028		28,823		32,276
Total for reportable segments	152,144		91,045		113,044
Corporate	31,898		13,942		24,209
Total capital expenditures	$	184,042	$	104,987	$	137,253

Reconciliation of Assets from Segment to Consolidated


	Assets
	December 31,
	2021		2020		2019
Global Ecommerce	$	1,032,434	$	994,554	$	1,102,313
Presort Services	479,392		523,690		524,817
SendTech Solutions	2,013,361		2,071,028		2,156,806
Total for reportable segments	3,525,187		3,589,272		3,783,936
Cash and cash equivalents	732,480		921,450		924,442
Short-term investments	14,440		18,974		115,879
Assets of discontinued operations	—		—		17,229
Long-term investments	333,052		364,212		238,882

Other corporate assets	353,712		330,455		389,590
Consolidated assets	$	4,958,871	$	5,224,363	$	5,469,958

Long-Lived Assets in Individual Foreign Countries by Country




Identifiable long-lived assets:
United States	$	658,070	$	613,990	$	596,694
Outside United States	14,294		17,641		21,460
Total	$	672,364	$	631,631	$	618,154

Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Financial information and Assets and Liabilities

Selected financial information of discontinued operations is as follows:


	Year Ended December 31, 2021
	Software Solutions		Production Mail		Total



Loss on sale	$	(1,827)	$	—	$	(1,827)

Tax provision					3,031
Loss from discontinued operations, net of tax					$	(4,858)


	Year Ended December 31, 2020
	Software Solutions		Production Mail		Total



Gain (loss) on sale	$	7,972	$	(167)	$	7,805

Tax benefit					(2,310)
Income from discontinued operations, net of tax					$	10,115


	Year Ended December 31, 2019
	Software Solutions		Production Mail		Total
Revenue	$	272,565	$	—	$	272,565

Earnings (loss) from discontinued operations	$	22,160	$	(663)	$	21,497
Gain (loss) on sale	195,957		(14,644)		181,313
Income (loss) from discontinued operations before taxes	$	218,117	$	(15,307)	202,810
Tax provision					48,350
Income from discontinued operations, net of tax					$	154,460

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

Earnings per Share (EPS) (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule 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,
	2021		2020		2019
Numerator:
Income (loss) from continuing operations	$	3,507	$	(190,491)	$	39,859
(Loss) income from discontinued operations, net of tax	(4,858)		10,115		154,460
Net (loss) income (numerator for diluted EPS)	(1,351)		(180,376)		194,319
Less: Preference stock dividend	—		—		8
(Loss) income attributable to common stockholders (numerator for basic EPS)	$	(1,351)	$	(180,376)	$	194,311
Denominator:
Weighted-average shares used in basic EPS	173,914		171,519		176,251
Dilutive effect of common stock equivalents (1)	5,191		—		1,198
Weighted-average shares used in diluted EPS	179,105		171,519		177,449
Basic (loss) earnings per share:
Continuing operations	$	0.02	$	(1.11)	$	0.23
Discontinued operations	(0.03)		0.06		0.88
Net (loss) income	$	(0.01)	$	(1.05)	$	1.10
Diluted (loss) earnings per share:
Continuing operations	$	0.02	$	(1.11)	$	0.22
Discontinued operations	(0.03)		0.06		0.87
Net (loss) income	$	(0.01)	$	(1.05)	$	1.10

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	6,514		11,626		15,751

Inventories (Tables)

12 Months Ended

Dec. 31, 2021

Inventory Disclosure [Abstract]

Inventory Components

Inventories consisted of the following:


	December 31,
	2021		2020
Raw materials	$	22,352	$	16,570
Supplies and service parts	26,076		24,061
Finished products	30,160		30,849


Total inventory, net	$	78,588	$	71,480

Finance Assets and Lessor Operating Leases (Tables)

12 Months Ended

Dec. 31, 2021

Receivables [Abstract]

Financing Receivables

Finance receivables consisted of the following:


	December 31, 2021						December 31, 2020
	North America		International		Total		North America		International		Total
Sales-type lease receivables
Gross finance receivables	$	958,440	$	187,831	$	1,146,271	$	994,985	$	211,944	$	1,206,929
Unguaranteed residual values	37,896		10,717		48,613		36,405		12,140		48,545
Unearned income	(246,381)		(56,643)		(303,024)		(275,359)		(61,686)		(337,045)
Allowance for credit losses	(19,546)		(3,246)		(22,792)		(22,917)		(6,006)		(28,923)
Net investment in sales-type lease receivables	730,409		138,659		869,068		733,114		156,392		889,506
Loan receivables
Loan receivables	262,310		20,155		282,465		268,690		22,092		290,782
Allowance for credit losses	(3,259)		(167)		(3,426)		(6,484)		(462)		(6,946)
Net investment in loan receivables	259,051		19,988		279,039		262,206		21,630		283,836
Net investment in finance receivables	$	989,460	$	158,647	$	1,148,107	$	995,320	$	178,022	$	1,173,342

Sales-type Lease Maturity

Maturities of finance receivables at December 31, 2021 were as follows:


	Sales-type Lease Receivables						Loan Receivables
	North America		International		Total		North America		International		Total
2022	$	379,948	$	75,525	$	455,473	$	226,322	$	20,155	$	246,477
2023	276,501		53,695		330,196		15,383		—		15,383
2024	177,005		32,799		209,804		12,278		—		12,278
2025	93,071		17,958		111,029		6,880		—		6,880
2026	31,092		6,508		37,600		1,447		—		1,447
Thereafter	823		1,346		2,169		—		—		—
Total	$	958,440	$	187,831	$	1,146,271	$	262,310	$	20,155	$	282,465

Loan Receivable Maturity

Maturities of finance receivables at December 31, 2021 were as follows:


	Sales-type Lease Receivables						Loan Receivables
	North America		International		Total		North America		International		Total
2022	$	379,948	$	75,525	$	455,473	$	226,322	$	20,155	$	246,477
2023	276,501		53,695		330,196		15,383		—		15,383
2024	177,005		32,799		209,804		12,278		—		12,278
2025	93,071		17,958		111,029		6,880		—		6,880
2026	31,092		6,508		37,600		1,447		—		1,447
Thereafter	823		1,346		2,169		—		—		—
Total	$	958,440	$	187,831	$	1,146,271	$	262,310	$	20,155	$	282,465

Allowance For Credit Losses On Financing Receivables

Activity in the allowance for credit losses on finance receivables was as follows:



	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Balance at December 31, 2018	$	10,253	$	2,355	$	6,777	$	837	$	20,222
Amounts charged to expense	5,672		1,157		4,746		569		12,144
Write-offs	(6,971)		(1,505)		(8,971)		(849)		(18,296)
Recoveries	1,717		181		3,519		9		5,426
Other	249		(103)		(165)		174		155
Balance at December 31, 2019	10,920		2,085		5,906		740		19,651
Cumulative effect of accounting change	9,271		1,750		(1,116)		(402)		9,503
Amounts charged to expense	10,789		2,902		8,158		555		22,404
Write-offs	(7,609)		(1,068)		(9,955)		(551)		(19,183)
Recoveries	2,070		194		3,474		4		5,742
Other	(2,524)		143		17		116		(2,248)
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

Past Due Financing Receivables

The aging of gross finance receivables was as follows:


	December 31, 2021
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Amounts 0 - 90 days	$	950,138	$	185,057	$	258,514	$	20,018	$	1,413,727
Amounts > 90 days	8,302		2,774		3,796		137		15,009
Total	$	958,440	$	187,831	$	262,310	$	20,155	$	1,428,736
Amounts > 90 days
Still accruing interest	$	4,964	$	682	$	—	$	—	$	5,646
Not accruing interest	3,338		2,092		3,796		137		9,363
Total	$	8,302	$	2,774	$	3,796	$	137	$	15,009


	December 31, 2020
	Sales-type Lease Receivables				Loan Receivables
	North America		International		North America		International		Total
Amounts 0 - 90 days	$	972,266	$	208,968	$	264,484	$	21,932	$	1,467,650
Amounts > 90 days	22,719		2,976		4,206		160		30,061
Total	$	994,985	$	211,944	$	268,690	$	22,092	$	1,497,711
Amounts > 90 days
Still accruing interest	$	5,128	$	463	$	1,797	$	59	$	7,447
Not accruing interest	17,591		2,513		2,409		101		22,614
Total	$	22,719	$	2,976	$	4,206	$	160	$	30,061

Financing Receivable Credit Quality Indicators


	Sales Type Lease Receivables												Loan Receivables		Total
	2021		2020		2019		2018		2017		Prior
Low	$	274,191	$	195,421	$	162,479	$	95,661	$	33,698	$	14,862	$	192,161	$	968,473
Medium	43,403		34,955		31,038		17,895		6,981		3,619		55,708		193,599
High	5,474		5,017		4,044		2,708		849		889		4,822		23,803
Not Scored	45,644		54,097		47,973		33,998		19,161		12,214		29,774		242,861
Total	$	368,712	$	289,490	$	245,534	$	150,262	$	60,689	$	31,584	$	282,465	$	1,428,736


	Sales Type Lease Receivables												Loan Receivables		Total
	2020		2019		2018		2017		2016		Prior
Low	$	256,573	$	228,344	$	165,244	$	87,346	$	30,518	$	12,249	$	192,971	$	973,245
Medium	50,785		49,946		37,168		21,388		6,470		2,375		61,625		229,757
High	6,182		5,396		3,782		1,974		1,051		143		4,518		23,046
Not Scored	80,854		77,362		48,704		24,291		7,813		971		31,668		271,663
Total	$	394,394	$	361,048	$	254,898	$	134,999	$	45,852	$	15,738	$	290,782	$	1,497,711

Sales-type Lease, Lease Income

Lease income from sales-type leases, excluding variable lease payments, was as follows:


	Years Ended December 31,
	2021		2020		2019
Profit recognized at commencement	$	127,469	$	117,359	$	146,923
Interest income	186,532		206,517		229,719
Total lease income from sales-type leases	$	314,001	$	323,876	$	376,642

Lessor, Payments to be Received

We also lease mailing equipment under operating leases with terms of one to five years. Maturities of these operating leases are as follows:


2022	$	22,782
2023	13,607
2024	16,444
2025	4,185
2026	902
Thereafter	59
Total	$	57,979

Fixed Assets (Tables)

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Fixed Assets

Fixed assets consisted of the following:


	December 31,
	2021		2020
Land	$	—	$	9,333
Machinery and equipment	707,843		617,748
Capitalized software	488,837		443,400
Buildings and improvements	126,456		203,788
	1,323,136		1,274,269
Accumulated depreciation	(893,974)		(882,989)
Property, plant and equipment, net	$	429,162	$	391,280

Rental property and equipment	$	125,967	$	145,954
Accumulated depreciation	(91,193)		(107,519)
Rental property and equipment, net	$	34,774	$	38,435

Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure

Intangible assets consisted of the following:


	December 31, 2021						December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	268,187	$	(141,492)	$	126,695	$	268,199	$	(115,010)	$	153,189
Software & technology	21,981		(16,234)		5,747		19,000		(12,350)		6,650

Total intangible assets, net	$	290,168	$	(157,726)	$	132,442	$	287,199	$	(127,360)	$	159,839

Future Amortization

Future amortization expense for intangible assets at December 31, 2021 is as follows:



2022	$	29,812
2023	26,962
2024	26,962
2025	20,302
2026	14,148
Thereafter	14,256
Total	$	132,442

Schedule 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, 2020		Acquisitions/dispositions		FX Impact		December 31, 2021
Global Ecommerce	$	609,431	$	(198,169)	$	411,262	$	(16,200)	$	—	$	395,062
Presort Services	220,992		—		220,992		—		—		220,992
SendTech Solutions	520,031		—		520,031		13,804		(14,786)		519,049
Total goodwill	$	1,350,454	$	(198,169)	$	1,152,285	$	(2,396)	$	(14,786)	$	1,135,103


	December 31, 2019		Acquisitions		Impairment		FX Impact		December 31, 2020
Global Ecommerce	$	609,431	$	—	$	(198,169)	$	—	$	411,262
Presort Services	212,529		8,463		—		—		220,992
SendTech Solutions	502,219		—		—		17,812		520,031
Total goodwill	$	1,324,179	$	8,463	$	(198,169)	$	17,812	$	1,152,285

Fair Value Measurements and Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule 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, 2021
	Level 1		Level 2		Level 3		Total
Assets:
Investment securities
Money market funds	$	88,705	$	338,043	$	—	$	426,748
Equity securities	—		29,356		—		29,356
Commingled fixed income securities	1,692		16,815		—		18,507
Government and related securities	9,790		25,439		—		35,229
Corporate debt securities	—		65,167		—		65,167
Mortgage-backed / asset-backed securities	—		172,018		—		172,018
Derivatives
Interest rate swap	—		3,103		—		3,103
Foreign exchange contracts	—		2,474		—		2,474
Total assets	$	100,187	$	652,415	$	—	$	752,602
Liabilities:
Derivatives

Foreign exchange contracts	$	—	$	(304)	$	—	$	(304)
Total liabilities	$	—	$	(304)	$	—	$	(304)


	December 31, 2020
	Level 1		Level 2		Level 3		Total
Assets:
Investment securities
Money market funds	$	73,228	$	434,791	$	—	$	508,019
Equity securities	—		26,583		—		26,583
Commingled fixed income securities	1,722		19,669		—		21,391
Government and related securities	16,776		16,757		—		33,533
Corporate debt securities	—		71,433		—		71,433
Mortgage-backed / asset-backed securities	—		220,678		—		220,678
Derivatives

Foreign exchange contracts	—		3,776		—		3,776
Total assets	$	91,726	$	793,687	$	—	$	885,413
Liabilities:
Derivatives
Interest rate swaps	$	—	$	(2,163)	$	—	$	(2,163)
Foreign exchange contracts	—		(1,960)		—		(1,960)
Total liabilities	$	—	$	(4,123)	$	—	$	(4,123)

Schedule of Available-for-sale Securities Reconciliation

Available-for-sale securities consisted of the following:


	December 31, 2021
	Amortized cost		Gross unrealized gains		Gross unrealized losses		Estimated fair value

Government and related securities	$	36,160	$	81	$	(1,012)	$	35,229
Corporate debt securities	67,906		259		(2,998)		65,167
Commingled fixed income securities	1,725		—		(33)		1,692
Mortgage-backed / asset-backed securities	176,559		144		(4,685)		172,018
Total	$	282,350	$	484	$	(8,728)	$	274,106


	December 31, 2020
	Amortized cost		Gross unrealized gains		Gross unrealized losses		Estimated fair value

Government and related securities	$	31,882	$	157	$	(78)	$	31,961
Corporate debt securities	71,174		614		(355)		71,433
Commingled fixed income securities	1,706		16		—		1,722
Mortgage-backed / asset-backed securities	220,659		734		(715)		220,678
Total	$	325,421	$	1,521	$	(1,148)	$	325,794

Investment Securities in a Loss Position

Investment securities in a loss position were as follows:


	December 31, 2021				December 31, 2020
	Fair Value		Gross unrealized losses		Fair Value		Gross unrealized losses
Greater than 12 continuous months
Government and related securities	$	16,018	$	579	$	—	$	—
Corporate debt securities	51,385		2,658		—		—

Mortgage-backed / asset-backed securities	135,441		4,057		2,369		76
Total	$	202,844	$	7,294	$	2,369	$	76

Less than 12 continuous months
Government and related securities	$	15,438	$	433	$	8,500	$	78
Corporate debt securities	8,859		339		39,313		355
Commingled fixed income securities	1,692		33		—		—
Mortgage-backed / asset-backed securities	30,754		629		84,454		639
Total	$	56,743	$	1,434	$	132,267	$	1,072

Available-For-Sale Securities

At December 31, 2021, scheduled maturities of available-for-sale securities were as follows:


	Amortized cost		Estimated fair value
Within 1 year	$	2,430	$	2,405
After 1 year through 5 years	14,811		14,544
After 5 years through 10 years	75,630		72,616
After 10 years	189,479		184,541
Total	$	282,350	$	274,106

Schedule 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	2021		2020
Derivatives designated as hedging instruments
Foreign exchange contracts	Other current assets and prepayments	$	21	$	96
	Accounts payable and accrued liabilities	(10)		(112)

Interest rate swaps	Other assets (Other noncurrent liabilities)	3,103		(2,163)

Derivatives not designated as hedging instruments
Foreign exchange contracts	Other current assets and prepayments	2,453		3,680

	Accounts payable and accrued liabilities	(294)		(1,848)

	Total derivative assets	5,577		3,776
	Total derivative liabilities	(304)		(4,123)
	Total net derivative asset (liability)	$	5,273	$	(347)

Schedule 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) Recognized in AOCI (Effective Portion)				Location of Gain (Loss) (Effective Portion)	Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)
Derivative Instrument	2021		2020			2021		2020
Foreign exchange contracts	$	198	$	(317)	Revenue	$	289	$	(161)
					Cost of sales	(117)		11
Interest rate swaps	5,266		(2,163)		Interest Expense	(366)		—
	$	5,464	$	(2,480)		$	(194)	$	(150)

Schedule 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) Recognized in Earnings
Derivatives Instrument	Location of Derivative Gain (Loss)	2021		2020
Foreign exchange contracts	Selling, general and administrative expense	$	(4,540)	$	5,298

Fair Value, by Balance Sheet Grouping

The carrying value and estimated fair value of our debt was as follows:


	December 31,
	2021		2020
Carrying value	$	2,323,838	$	2,564,393
Fair value	$	2,355,894	$	2,479,895

Supplemental Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2021

Balance Sheet Related Disclosures [Abstract]

Accounting Standards Update

Activity in the allowance for credit losses on accounts receivable is presented below.


	Balance at beginning of year		Cumulative effect of accounting change		Amounts charged to expense		Write-offs, recoveries and other		Balance at end of year		Accounts and other receivables		Other assets
2021	$	35,344	$	—	$	9,355	$	(15,520)	$	29,179	$	11,168	$	18,011
2020	$	17,830	$	15,336	$	19,789	$	(17,611)	$	35,344	$	18,899	$	16,445
2019	$	17,443	$	—	$	16,345	$	(15,958)	$	17,830	$	17,830	$	—

Schedule of Other (Income) Expense

Other expense, net consisted of the following:


	Years Ended December 31,
	2021		2020		2019
Loss on refinancing of debt	$	56,209	$	36,987	$	6,623
Insurance proceeds	(3,000)		(16,928)		—
(Gain) loss on sale of assets/businesses	(11,635)		(11,908)		17,683

Other expense, net	$	41,574	$	8,151	$	24,306

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information is as follows:


	Years Ended December 31,
	2021		2020		2019

Purchases of property and equipment in accounts payable	$	5,305	$	16,098	$	1,301
Cash interest paid	$	124,084	$	151,857	$	157,709
Cash income tax payments, net of refunds	$	4,337	$	20,185	$	27,109

Balance Sheet Information

Selected balance sheet information is as follows:


	December 31,
	2021		2020
Other assets:
Long-term investments	$	333,052	$	364,212


Other (net of allowance of $18,011 and $16,445, respectively)	138,032		127,302
Total	$	471,084	$	491,514

Accounts payable and accrued liabilities:
Accounts payable	$	310,993	$	295,173
Customer deposits	185,528		165,774
Employee related liabilities	233,876		232,236
Other	192,146		187,433
Total	$	922,543	$	880,616

Other noncurrent liabilities:
Pension liabilities	$	115,457	$	235,439
Postretirement medical benefits	126,675		153,838
Other	66,596		47,738
Total	$	308,728	$	437,015

Restructuring Charges and Asset Impairments (Tables)

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

Activity in our restructuring reserves was as follows:


	Severance and other exit costs
Balance at December 31, 2019	$	12,006
Expenses, net	20,712
Cash payments	(20,014)
Noncash activity	(2,641)
Balance at December 31, 2020	10,063
Expenses, net	19,003
Cash payments	(21,990)
Noncash activity	(1,329)
Balance at December 31, 2021	$	5,747

Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments


		December 31,
	Interest rate	2021		2020
Notes due October 2021	4.875%	—		152,588
Notes due May 2022	5.625%	—		148,792
Notes due April 2023	6.20%	90,259		271,000
Notes due March 2024	4.625%	242,603		374,000
Notes due March 2027	6.875%	400,000		—
Notes due March 2029	7.25%	350,000		—
Notes due January 2037	5.25%	35,841		35,841
Notes due March 2043	6.70%	425,000		425,000
Term loan due March 2026	LIBOR + 1.75%	370,500		380,000
Term loan due January 2025	LIBOR + 5.5%	—		818,125
Term loan due March 2028	LIBOR + 4.0%	446,625		—
Other debt		3,685		4,900
Principal amount		2,364,513		2,610,246
Less: unamortized costs, net		40,675		45,853
Total debt		2,323,838		2,564,393
Less: current portion long-term debt		24,739		216,032
Long-term debt		$	2,299,099	$	2,348,361

Schedule of Maturities of Long-term Debt

Annual maturities of outstanding principal at December 31, 2021 are as follows:


2022	$	24,739
2023	119,748
2024	281,560
2025	42,500
2026	261,000
Thereafter	1,634,966
Total	$	2,364,513

Retirement Plans and Postretirement Medical Benefits (Tables)

12 Months Ended

Dec. 31, 2021

Retirement Benefits [Abstract]

Schedule 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
	2021		2020		2021		2020
Accumulated benefit obligation	$	1,609,125	$	1,729,515	$	762,558	$	829,413

Projected benefit obligation
Benefit obligation - beginning of year	$	1,729,959	$	1,613,054	$	830,674	$	746,942
Service cost	102		86		1,528		1,650
Interest cost	42,434		52,103		11,811		13,379

Actuarial (gain) loss	(53,133)		185,306		(37,197)		76,006
Foreign currency changes	—		—		(10,747)		29,128

Settlements and curtailments	(1,429)		(3,854)		—		(15,171)

Benefits paid	(108,425)		(116,736)		(25,601)		(21,260)
Benefit obligation - end of year	$	1,609,508	$	1,729,959	$	770,468	$	830,674




Fair value of plan assets
Fair value of plan assets - beginning of year	$	1,601,786	$	1,487,018	$	742,639	$	668,308
Actual return on plan assets	51,828		225,812		17,929		78,120
Company contributions	5,397		9,546		9,686		9,674

Settlements and curtailments	(1,429)		(3,854)		—		(15,171)
Foreign currency changes	—		—		(7,210)		22,968
Benefits paid	(108,425)		(116,736)		(25,601)		(21,260)
Fair value of plan assets - end of year	$	1,549,157	$	1,601,786	$	737,443	$	742,639


Amounts recognized in the Consolidated Balance Sheets


Noncurrent asset	$	—	$	465	$	29,309	$	26,053
Current liability	(5,883)		(5,843)		(1,345)		(1,444)
Noncurrent liability	(54,468)		(122,795)		(60,989)		(112,644)
Funded status	$	(60,351)	$	(128,173)	$	(33,025)	$	(88,035)

Schedule 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
	2021		2020		2021		2020
Projected benefit obligation	$	1,609,508	$	1,729,638	$	59,859	$	691,909
Accumulated benefit obligation	$	1,609,125	$	1,729,194	$	59,352	$	690,887
Fair value of plan assets	$	1,549,157	$	1,601,000	$	—	$	577,821

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)


Pretax amounts recognized in AOCI consist of:
	United States				Foreign
	2021		2020		2021		2020
Net actuarial loss	$	716,585	$	783,211	$	301,913	$	334,520
Prior service (credit) cost	(149)		(209)		7,804		8,072
Transition asset	—		—		(7)		(7)
Total	$	716,436	$	783,002	$	309,710	$	342,585

Other changes in plan assets and benefit obligations for defined benefit pension plans recognized in other comprehensive income were as follows:


	United States				Foreign
	2021		2020		2021		2020
Net actuarial (gain) loss	$	(27,842)	$	44,216	$	(23,257)	$	32,103

Amortization of net actuarial loss	(38,233)		(32,490)		(9,350)		(7,842)
Amortization of prior service credit (cost)	60		60		(268)		(245)
Net transition asset	—		—		—		4
Settlements and curtailments	(551)		(1,364)		—		(5,060)
Total recognized in other comprehensive income	$	(66,566)	$	10,422	$	(32,875)	$	18,960

Other changes in benefit obligation for postretirement medical benefit plans recognized in other comprehensive income were as follows:


	2021		2020
Net actuarial (gain) loss	$	(22,305)	$	11,496

Amortization of net actuarial loss	(4,090)		(3,198)
Amortization of prior service cost	(129)		(373)


Total recognized in other comprehensive income	$	(26,524)	$	7,925

Schedule of Costs of Retirement Plans

The components of net periodic benefit cost (income) for defined benefit pension plans were as follows:


	United States						Foreign
	2021		2020		2019		2021		2020		2019
Service cost	$	102	$	86	$	83	$	1,528	$	1,650	$	1,543
Interest cost	42,434		52,103		63,171		11,811		13,379		17,853
Expected return on plan assets	(77,119)		(84,719)		(92,726)		(31,869)		(34,391)		(34,363)
Amortization of net transition asset	—		—		—		—		(4)		(6)
Amortization of prior service (credit) cost	(60)		(60)		(60)		268		245		243
Amortization of net actuarial loss	38,233		32,490		26,146		9,350		7,842		6,337

Settlements and curtailments	551		1,364		2,381		—		5,060		397
Net periodic benefit cost (income)	$	4,141	$	1,264	$	(1,005)	$	(8,912)	$	(6,219)	$	(7,996)

The components of net periodic benefit cost for postretirement medical benefit plans were as follows:


	2021		2020		2019
Service cost	$	909	$	885	$	967
Interest cost	3,755		4,993		6,584
Amortization of prior service cost	129		373		321
Amortization of net actuarial loss	4,090		3,198		2,026


Net periodic benefit cost	$	8,883	$	9,449	$	9,898

Schedule 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:


	2021				2020				2019
United States
Used to determine benefit obligations
Discount rate	2.85%				2.54%				3.34%
Rate of compensation increase	N/A				N/A				N/A

Used to determine net periodic benefit cost
Discount rate	2.54%				3.34%				4.34%
Expected return on plan assets	5.60%				6.25%				6.75%
Rate of compensation increase	N/A				N/A				N/A

Foreign
Used to determine benefit obligations
Discount rate	0.85	%	-	2.85%	0.70	%	-	2.40%	0.65	%	-	2.95%
Rate of compensation increase	1.50	%	-	3.65%	1.50	%	-	2.50%	1.50	%	-	2.50%

Used to determine net periodic benefit cost
Discount rate	0.70	%	-	2.40%	0.65	%	-	2.95%	0.75	%	-	3.55%
Expected return on plan assets	3.50	%	-	5.75%	4.25	%	-	6.00%	4.25	%	-	6.25%
Rate of compensation increase	1.50	%	-	2.50%	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:


	2021		2020		2019
Discount rate used to determine benefit obligation
U.S.	2.80	%	2.35	%	3.20	%
Canada	2.90	%	2.50	%	3.00	%

Discount rate used to determine net period benefit cost
U.S.	2.35	%	3.20	%	4.20	%
Canada	2.50	%	3.00	%	3.60	%

Schedule 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,
	2022		2021		2020
Asset category
Equities	20	%	18	%	33	%
Multi-asset credit	3	%	3	%	—	%
Fixed income	70	%	73	%	62	%
Real estate	6	%	5	%	4	%
Private equity	1	%	1	%	1	%

Total	100	%	100	%	100	%

Schedule of Target Allocation and Percentage of Plan Assets for Foreign Pension Plan

were as follows:


	Target Allocation		Percent of Plan Assets at December 31,
	2022		2021		2020
Asset category

Global equities	10	%	12	%	22	%
Fixed income	70	%	69	%	60	%
Real estate	10	%	9	%	8	%
Diversified growth	10	%	9	%	9	%
Cash	—	%	1	%	1	%
Total	100	%	100	%	100	%

Schedule of Fair Value Measurement of Plan Assets

United States Pension Plans


	December 31, 2021
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	3,725	$	—	$	3,725
Equity securities	—		195,037		—		195,037
Commingled fixed income securities	—		229,300		—		229,300
Government and related securities	202,416		26,582		—		228,998
Corporate debt securities	—		771,529		—		771,529
Mortgage-backed /asset-backed securities	—		12,486		—		12,486

Real estate	—		—		77,494		77,494
Securities lending collateral	—		145,855		—		145,855
Total plan assets at fair value	$	202,416	$	1,384,514	$	77,494	$	1,664,424
Securities lending payable							(145,855)
Investments valued at NAV							16,820
Cash							20,569
Other							(6,801)
Fair value of plan assets							$	1,549,157


	December 31, 2020
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	14,442	$	—	$	14,442
Equity securities	—		323,311		—		323,311
Commingled fixed income securities	—		264,896		—		264,896
Government and related securities	322,851		22,549		—		345,400
Corporate debt securities	—		586,998		—		586,998
Mortgage-backed /asset-backed securities	—		45,861		—		45,861

Real estate	—		—		69,347		69,347

Securities lending collateral	—		151,049		—		151,049
Total plan assets at fair value	$	322,851	$	1,409,106	$	69,347	$	1,801,304
Securities lending payable							(151,049)
Investments valued at NAV							17,132
Cash							15,449
Other							(81,050)
Fair value of plan assets							$	1,601,786

Foreign Plans


	December 31, 2021
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	8,577	$	—	$	8,577
Equity securities	—		96,596		—		96,596
Commingled fixed income securities	—		431,845		—		431,845
Government and related securities	—		46,522		—		46,522
Corporate debt securities	—		33,583		—		33,583


Real estate	—		7,168		52,491		59,659
Diversified growth funds	—		—		52,169		52,169

Total plan assets at fair value	$	—	$	624,291	$	104,660	$	728,951
Cash							7,966
Other							526
Fair value of plan assets							$	737,443


	December 31, 2020
	Level 1		Level 2		Level 3		Total
Money market funds	$	—	$	10,072	$	—	$	10,072
Equity securities	—		166,683		—		166,683
Commingled fixed income securities	—		379,656		—		379,656
Government and related securities	—		46,268		—		46,268
Corporate debt securities	—		37,002		—		37,002


Real estate	—		—		45,275		45,275
Diversified growth funds	—		—		50,750		50,750
Total plan assets at fair value	$	—	$	639,681	$	96,025	$	735,706
Cash							6,448
Other							485
Fair value of plan assets							$	742,639

Schedule 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, 2019	$	71,337	$	45,335	$	47,621
Realized gains	1,554		—		—
Unrealized losses	(3,360)		(2,134)		1,493
Net purchases, sales and settlements	(184)		1,221		56
Foreign currency and other	—		853		1,580
Balance at December 31, 2020	69,347		45,275		50,750
Realized gains	1,791		—		—
Unrealized gains	6,958		6,357		1,995
Net purchases, sales and settlements	(602)		1,663		—
Foreign currency and other	—		(804)		(576)
Balance at December 31, 2021	$	77,494	$	52,491	$	52,169

Schedule 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:


	2021		2020
Benefit obligation
Benefit obligation - beginning of year	$	169,210	$	164,104
Service cost	909		885
Interest cost	3,755		4,993

Actuarial (gain) loss	(22,305)		11,496
Foreign currency changes	123		340



Benefits paid, net	(12,176)		(12,608)
Benefit obligation - end of year (1)	$	139,516	$	169,210



Fair value of plan assets
Fair value of plan assets - beginning of year	$	—	$	—
Company contribution	12,176		12,608

Benefits paid, net	(12,176)		(12,608)
Fair value of plan assets - end of year	$	—	$	—



Amounts recognized in the Consolidated Balance Sheets
Current liability	$	(12,841)	$	(15,372)
Non-current liability	(126,675)		(153,838)
Funded status	$	(139,516)	$	(169,210)

(1) The benefit obligation for U.S. postretirement medical benefits plan was $126 million and $153 million at December 31, 2021 and 2020, respectively.

Pretax amounts recognized in AOCI consist of:


	2021		2020
Net actuarial loss	$	15,175	$	41,570
Prior service cost	—		129
Total	$	15,175	$	41,699

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, are expected to be paid.


	Pension Benefits		Postretirement Medical Benefits
2022	$	130,497	$	12,854
2023	131,204		12,338
2024	124,812		11,819
2025	125,765		11,299
2026	123,679		10,778
Thereafter	601,374		45,383
	$	1,237,331	$	104,471

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Components of Income before Tax, Domestic and Foreign

ncome (loss) from continuing operations before taxes consisted of the following:


	Years Ended December 31,
	2021		2020		2019
U.S.	$	(85,258)	$	(243,760)	$	500
International	77,843		60,391		26,232
Total	$	(7,415)	$	(183,369)	$	26,732

Components of Income Tax Expense (Benefit)

The provision (benefit) for income taxes from continuing operations consisted of the following:


	Years Ended December 31,
	2021			2020			2019
U.S. Federal:
Current	$	(7,419)		$	(10,582)		$	(18,789)
Deferred	(13,825)			6,516			11,500
	(21,244)			(4,066)			(7,289)
U.S. State and Local:
Current	5,401			(2,569)			(9,142)
Deferred	(5,827)			4,100			8,000
	(426)			1,531			(1,142)
International:
Current	10,979			4,993			9,993
Deferred	(231)			4,664			(14,689)
	10,748			9,657			(4,696)

Total current	8,961			(8,158)			(17,938)
Total deferred	(19,883)			15,280			4,811
Total (benefit) provision for income taxes	$	(10,922)		$	7,122		$	(13,127)

Effective tax rate	147.3		%	(3.9)		%	(49.1)		%

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,
	2021		2020		2019
Federal statutory provision	$	(1,558)	$	(38,507)	$	5,613
State and local income taxes (1)	(336)		1,209		(901)
Impact of foreign operations taxed at rates other than the U.S. statutory rate (2)	(2,220)		(3,345)		(18,541)
Accrual/release of uncertain tax amounts related to foreign operations	(7,288)		1,802		191
U.S. tax impacts of foreign income in the U.S.	4,441		(2,300)		5,587
CARES Act carryback benefit	(2,270)		(1,646)		—
Tax incentives/credits/exempt income	(500)		(750)		(5,437)
Unrealized stock compensation benefits	(505)		2,312		2,176
Surrender of company-owned life insurance policies	—		10,313		—
Goodwill impairment	—		40,328		—


Other, net (3)	(686)		(2,294)		(1,815)
(Benefit) provision for income taxes	$	(10,922)	$	7,122	$	(13,127)

(1) Includes a charge of $2 million for the surrender of company-owned life insurance for the year ended December 31, 2020.

Components of Deferred Tax Assets and Liabilities

Deferred tax liabilities and assets consisted of the following:


	December 31,
	2021		2020
Deferred tax liabilities:
Depreciation	$	(85,544)	$	(69,900)
Deferred profit (for tax purposes) on sale to finance subsidiary	(26,745)		(28,101)
Lease revenue and related depreciation	(202,862)		(190,852)
Intangible assets	(76,672)		(81,816)
Operating lease liability	(46,496)		(50,071)
Other	(25,438)		(27,865)
Gross deferred tax liabilities	(463,757)		(448,605)

Deferred tax assets:
Postretirement medical benefits	34,681		42,423
Pension	20,472		48,385
Operating lease asset	52,271		54,538
Inventory and equipment capitalization	1,866		3,903
Restructuring charges	1,548		2,022
Long-term incentives	12,308		12,905
Net operating loss	113,025		82,823
Tax credit carry forwards	65,931		64,070
Tax uncertainties gross-up	6,929		6,656
Other	58,457		42,079
Gross deferred tax assets	367,488		359,804
Less: Valuation allowance	(121,778)		(116,543)
Net deferred tax assets	245,710		243,261

Total deferred taxes, net	$	(218,047)	$	(205,344)

Tax Uncertainties Roll Forward

A reconciliation of the amount of unrecognized tax benefits is as follows:


	2021		2020		2019
Balance at beginning of year	$	50,064	$	60,302	$	71,458
Increases from prior period positions	3,016		2,147		510
Decreases from prior period positions	(4,247)		(47)		(9,711)
Increases from current period positions	492		3,472		5,052

Decreases relating to settlements with tax authorities	(1,270)		(12,508)		(2,626)
Reductions from lapse of applicable statute of limitations	(2,983)		(3,302)		(4,381)
Balance at end of year	$	45,072	$	50,064	$	60,302

Leased Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

Schedule of operating and finance lease assets and liabilities


Leases	Balance Sheet Location	December 31, 2021		December 31, 2020
Assets
Operating	Operating lease assets	$	208,428	$	201,916
Finance	Property, plant and equipment, net	46,770		23,973
Total leased assets		$	255,198	$	225,889

Liabilities
Operating	Current operating lease liabilities	$	40,299	$	39,182
	Noncurrent operating lease liabilities	192,092		180,292
Finance	Accounts payable and accrued liabilities	10,694		4,714
	Other noncurrent liabilities	39,535		18,862
Total lease liabilities		$	282,620	$	243,050

Schedule of components of lease expense


	Years Ended December 31,
Lease Cost	2021		2020		2019
Operating lease expense	$	62,269	$	54,718	$	48,503
Finance lease expense
Amortization of leased assets	9,191		3,792		3,372
Interest on lease liabilities	2,826		949		700

Variable lease expense	33,924		21,413		23,188
Sublease income	(1,761)		(979)		(1,948)
Total expense	$	106,449	$	79,893	$	73,815

Schedule of future payments of finance lease liabilities


Future Lease Payments	Operating Leases		Finance Leases		Total
2022	$	53,380	$	13,444	$	66,824
2023	46,776		11,226		58,002
2024	41,731		9,889		51,620
2025	34,202		8,280		42,482
2026	29,406		6,751		36,157
Thereafter	80,900		9,357		90,257
Total	286,395		58,947		345,342
Less: present value discount	54,004		8,718		62,722
Lease liability	$	232,391	$	50,229	$	282,620

Schedule 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
2022	$	53,380	$	13,444	$	66,824
2023	46,776		11,226		58,002
2024	41,731		9,889		51,620
2025	34,202		8,280		42,482
2026	29,406		6,751		36,157
Thereafter	80,900		9,357		90,257
Total	286,395		58,947		345,342
Less: present value discount	54,004		8,718		62,722
Lease liability	$	232,391	$	50,229	$	282,620

Schedule of weighted-average remaining lease terms and weighted-average discount rates


Lease Term and Discount Rate	December 31, 2021	December 31, 2020
Weighted-average remaining lease term
Operating leases	6.7 years	7.2 years
Finance leases	5.5 years	5.6 years
Weighted-average discount rate
Operating leases	6.5%	7.1%
Finance leases	6%	7.1%

Schedule of supplemental cash flow information


	Years Ended December 31,
Cash Flow Information	2021		2020		2019
Operating cash outflows - operating leases	$	59,748	$	52,565	$	44,252
Operating cash outflows - finance leases	$	2,826	$	949	$	700
Financing cash outflows - finance leases	$	7,707	$	4,223	$	3,096

Leased assets obtained in exchange for new lease obligations
Operating leases	$	48,662	$	38,641	$	87,160
Finance leases	$	30,840	$	17,741	$	4,072

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

Schedule 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, 2018	187,675,082	135,662,830
Repurchases of common stock	(18,595,315)	18,595,315
Issuance of treasury stock	1,276,797	(1,276,797)
Conversions to common stock	92,379	(92,379)
Balance at December 31, 2019	170,448,943	152,888,969

Issuance of treasury stock	1,526,245	(1,526,245)

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

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Reclassification out of Accumulated Other Comprehensive Income

Reclassifications out of accumulated other comprehensive loss were as follows:


	Gain (Loss) Reclassified from AOCL (a)
	Years Ended December 31,
	2021		2020		2019
Cash flow hedges

Revenue	$	289	$	(161)	$	72
Cost of sales	(117)		11		104
Interest expense	(366)		—		—

Total before tax	(194)		(150)		176
Tax (benefit) provision	(49)		(37)		44
Net of tax	$	(145)	$	(113)	$	132

Available for sale securities
Financing revenue	$	(6)	$	10,124	$	1,079
Selling, general and administrative expense	(7)		231		—
Total before tax	(13)		10,355		1,079
Tax (benefit) provision	(2)		2,589		270
Net of tax	$	(11)	$	7,766	$	809

Pension and Postretirement Benefit Plans (b)
Transition asset	$	—	$	4	$	6
Prior service costs	(337)		(558)		(504)
Actuarial losses	(51,673)		(43,530)		(34,509)
Settlement	(551)		(6,424)		(2,778)
Total before tax	(52,561)		(50,508)		(37,785)
Tax benefit	(12,755)		(11,930)		(9,497)
Net of tax	$	(39,806)	$	(38,578)	$	(28,288)

(a) Amounts in parentheses indicate reductions to income and increases to other comprehensive income.

Schedule of Accumulated Other Comprehensive Income (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, 2018	$	191	$	(3,061)	$	(846,461)	$	(99,630)	$	(948,961)


Other comprehensive loss before reclassifications	278		6,719		(845)		75,319		81,471
Amounts reclassified from accumulated other comprehensive loss	(132)		(809)		28,288		—		27,347
Net other comprehensive income	146		5,910		27,443		75,319		108,818
Balance at December 31, 2019	337		2,849		(819,018)		(24,311)		(840,143)
Other comprehensive (loss) income before reclassifications	(1,861)		5,319		(70,623)		37,252		(29,913)
Amounts reclassified from accumulated other comprehensive loss	113		(7,766)		38,578		—		30,925
Net other comprehensive (loss) income	(1,748)		(2,447)		(32,045)		37,252		1,012
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)

Stock-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes information about RSUs:


	2021			2020
	Shares	Weighted average fair value		Shares	Weighted average fair value
Outstanding - beginning of the year	6,560,372	$	6.27	4,480,847	$	9.51
Granted	2,100,126	8.36		4,123,544	3.92
Vested	(2,504,189)	6.72		(1,486,371)	9.65
Forfeited	(418,016)	6.61		(557,648)	5.06
Outstanding - end of the year	5,738,293	$	6.95	6,560,372	$	6.27

Schedule of Share-based Compensation, Performance Stock Units Award Activity

The following table summarizes share information about PSUs:


	2021			2020
	Shares	Weighted average fair value		Shares	Weighted average fair value
Outstanding - beginning of the year	1,730,002	$	9.31	2,778,362	$	10.09

Vested	(287,109)	9.33		(303,460)	4.00
Forfeited	(433,802)	9.33		(744,900)	11.57

Outstanding - end of the year	1,009,091	$	6.60	1,730,002	$	9.31

Schedule of Share-based Compensation, Stock Options, Activity

The following table summarizes information about stock option activity:


	2021			2020
	Shares	Per share weighted average exercise prices		Shares	Per share weighted average exercise prices
Options outstanding - beginning of the year	12,814,365	$	11.81	12,822,684	$	14.08
Granted	737,842	8.48		2,801,982	3.98
Exercised	(777,429)	6.11		(33,501)	6.82
Canceled	(604,101)	11.71		(1,653,126)	10.09
Expired	(1,050,608)	25.85		(1,123,674)	22.09
Options outstanding - end of the year	11,120,069	$	10.65	12,814,365	$	11.81
Options exercisable - end of the year	8,853,859	$	11.94	7,027,974	$	16.76

Schedule 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, 2021:


	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 - $8.76	5,460,787	$	5.65	7.7 years	3,194,577	$	5.69	7.2 years
$12.64 - $16.88	4,857,128	$	14.40	4.5 years	4,857,128	$	14.40	4.5 years
$17.20 - $23.94	802,154	$	21.93	1.2 years	802,154	$	21.93	1.2 years

	11,120,069	$	10.64	5.8 years	8,853,859	$	11.94	5.2 years

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table lists the weighted average of assumptions used to calculate the fair value of stock options granted:


	Years Ended December 31,
	2021		2020		2019
Expected dividend yield	2.4	%	5.0	%	3.0	%
Expected stock price volatility	70.0	%	43.0	%	41.5	%
Risk-free interest rate	1.1	%	1.5	%	2.5	%
Expected life	7 years		7 years		5 years
Weighted-average fair value per option granted	$4.53		$1.01		$1.98
Fair value of options granted	$3,342		$2,830		$1,722

Quarterly Financial Data (unaudited) (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Quarterly Financial Information


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
2021
Revenue	$	915,197	$	899,203	$	875,449	$	983,712	$	3,673,561
Cost of revenue	627,635		610,307		601,582		712,039		2,551,563
Operating expenses	329,209		263,105		266,897		270,202		1,129,413
(Loss) income from continuing operations before income taxes	(41,647)		25,791		6,970		1,471		(7,415)
(Benefit) provision for income taxes	(13,992)		4,915		(1,525)		(320)		(10,922)
(Loss) income from continuing operations	(27,655)		20,876		8,495		1,791		3,507
Income (loss) from discontinued operations	(3,886)		(1,020)		572		(524)		(4,858)
Net (loss) income	$	(31,541)	$	19,856	$	9,067	$	1,267	$	(1,351)
Basic (loss) earnings per share (1)
Continuing operations	$	(0.16)	$	0.12	$	0.05	$	0.01	$	0.02
Discontinued operations	(0.02)		(0.01)		—		—		(0.03)
Net (loss) income	$	(0.18)	$	0.11	$	0.05	$	0.01	$	(0.01)
Diluted (loss) earnings per share (1)
Continuing operations	$	(0.16)	$	0.12	$	0.05	$	0.01	$	0.02
Discontinued operations	(0.02)		(0.01)		—		—		(0.03)
Net (loss) income	$	(0.18)	$	0.11	$	0.05	$	0.01	$	(0.01)


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total
2020
Revenue	$	796,268	$	837,492	$	891,898	$	1,028,417	$	3,554,075
Cost of revenues	502,891		565,532		608,242		727,995		2,404,660
Operating expenses	521,954		255,477		272,380		282,973		1,332,784
Income (loss) from continuing operations before income taxes	(228,577)		16,483		11,276		17,449		(183,369)
Provision (benefit) for income taxes	(10,026)		16,957		541		(350)		7,122
(Loss) income from continuing operations	(218,551)		(474)		10,735		17,799		(190,491)
(Loss) income from discontinued operations	10,064		(3,032)		616		2,467		10,115
Net (loss) income	$	(208,487)	$	(3,506)	$	11,351	$	20,266	$	(180,376)
Basic (loss) earnings per share (1):
Continuing operations	$	(1.28)	$	—	$	0.06	$	0.10	$	(1.11)
Discontinued operations	0.06		(0.02)		—		0.01		0.06
Net (loss) income	$	(1.22)	$	(0.02)	$	0.07	$	0.12	$	(1.05)
Diluted (loss) earnings per share (1):
Continuing operations	$	(1.28)	$	—	$	0.06	$	0.10	$	(1.11)
Discontinued operations	0.06		(0.02)		—		0.01		0.06
Net (loss) income	$	(1.22)	$	(0.02)	$	0.06	$	0.11	$	(1.05)

(1) The sum of earnings per share amounts may not equal the totals due to rounding.

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Inventories	$ 78,588,000	$ 78,588,000	$ 71,480,000
Retained earnings	5,169,270,000	5,169,270,000	5,205,421,000
Marketable Securities, Unrealized Gain (Loss)		$ 0	0	$ 0
Finite-lived intangible assets, estimated useful lives		10 years
Amortization expense		$ 18,000,000	10,000,000	7,000,000
Recognition period		5 years
Impairment	0	$ 0	198,169,000	0
Equipment sales
Property, Plant and Equipment [Line Items]
Cost of equipment sales		251,914,000	235,153,000	244,620,000
Cumulative effect of accounting change
Property, Plant and Equipment [Line Items]
Inventories			5,635,000	4,000,000
Retained earnings			4,226,000	3,000,000
Cumulative effect of accounting change \| Equipment sales
Property, Plant and Equipment [Line Items]
Cost of equipment sales			(1,563,000)	410,000
Previously Reported
Property, Plant and Equipment [Line Items]
Inventories	2,000,000	2,000,000	65,845,000
Retained earnings			5,201,195,000
Previously Reported \| Equipment sales
Property, Plant and Equipment [Line Items]
Cost of equipment sales		$ 2,000,000	236,716,000	$ 244,210,000
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
Building improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives		10 years
Building improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives		20 years
Software development costs \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives		3 years
Machinery and equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives		3 years
Machinery and equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives		12 years
Rental equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives		4 years
Rental equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives		6 years
Other Assets
Property, Plant and Equipment [Line Items]
Unamortized contract costs	$ 48,000,000	$ 48,000,000	$ 40,000,000

Summary of Significant Accounting Policies - Revised Financial Statements (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Dec. 31, 2020

Sep. 30, 2020

Jun. 30, 2020

Mar. 31, 2020

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2018

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Total costs and expenses

$ 3,680,976

$ 3,737,444

$ 3,178,393

(Loss) income from continuing operations before income taxes

$ 1,471

$ 6,970

$ 25,791

$ (41,647)

$ 17,449

$ 11,276

$ 16,483

$ (228,577)

(7,415)

(183,369)

26,732

(Benefit) provision for income taxes

(320)

(1,525)

4,915

(13,992)

(350)

541

16,957

(10,026)

(10,922)

7,122

(13,127)

Income (loss) from continuing operations

3,507

(190,491)

39,859

Net (loss) income

$ 1,267

$ 9,067

$ 19,856

$ (31,541)

$ 20,266

$ 11,351

$ (3,506)

$ (208,487)

$ (1,351)

$ (180,376)

$ 194,319

Basic (loss) earnings per share - continuing operations (in dollars per share)

$ 0.01

$ 0.05

$ 0.12

$ (0.16)

$ 0.10

$ 0.06

$ 0

$ (1.28)

$ 0.02

^[1]

$ (1.11)

^[1]

$ 0.23

^[1]

Basic (loss) earnings per share (in dollars per share)

0.01

0.05

0.11

(0.18)

0.12

0.07

(0.02)

(1.22)

(0.01)

^[1]

(1.05)

^[1]

1.10

^[1]

Diluted (loss) earnings per share - continuing operations (in dollars per share)

0.01

0.05

0.12

(0.16)

0.10

0.06

(1.28)

0.02

^[1]

(1.11)

^[1]

0.22

^[1]

Diluted (loss) earnings per share (in dollars per share)

$ 0.01

$ 0.05

$ 0.11

$ (0.18)

$ 0.11

$ 0.06

$ (0.02)

$ (1.22)

$ (0.01)

^[1]

$ (1.05)

^[1]

$ 1.10

^[1]

Inventories

$ 78,588

$ 71,480

$ 78,588

$ 71,480

Total current assets

1,892,053

2,112,558

1,892,053

2,112,558

Noncurrent income taxes

68,398

71,244

68,398

71,244

Total assets

4,958,871

5,224,363

4,958,871

5,224,363

$ 5,469,958

Retained earnings

5,169,270

5,205,421

5,169,270

5,205,421

Total stockholders' equity

112,632

70,621

112,632

70,621

289,154

$ 101,842

Total liabilities and stockholders' equity

4,958,871

5,224,363

4,958,871

5,224,363

Deferred tax (benefit) provision

(19,883)

15,280

4,811

(Increase) decrease in inventories

(8,008)

1,582

(5,178)

Equipment sales

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Cost of equipment sales

251,914

235,153

244,620

Previously Reported

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Total costs and expenses

3,739,007

3,177,983

(Loss) income from continuing operations before income taxes

(184,932)

27,142

(Benefit) provision for income taxes

6,727

(13,007)

Income (loss) from continuing operations

(191,659)

40,149

Net (loss) income

$ (181,544)

$ 194,609

Basic (loss) earnings per share - continuing operations (in dollars per share)

$ (1.12)

$ 0.23

Basic (loss) earnings per share (in dollars per share)

(1.06)

1.10

Diluted (loss) earnings per share - continuing operations (in dollars per share)

(1.12)

0.23

Diluted (loss) earnings per share (in dollars per share)

$ (1.06)

$ 1.10

Inventories

$ 2,000

65,845

2,000

$ 65,845

Total current assets

2,106,923

Noncurrent income taxes

72,653

Total assets

5,220,137

Retained earnings

5,201,195

Total stockholders' equity

66,395

Total liabilities and stockholders' equity

5,220,137

Deferred tax (benefit) provision

14,885

$ 4,931

(Increase) decrease in inventories

3,145

(5,588)

Previously Reported | Equipment sales

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Cost of equipment sales

$ 2,000

236,716

244,210

Cumulative effect of accounting change

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Total costs and expenses

(1,563)

410

(Loss) income from continuing operations before income taxes

1,563

(410)

(Benefit) provision for income taxes

395

(120)

Income (loss) from continuing operations

1,168

(290)

Net (loss) income

$ 1,168

$ (290)

Basic (loss) earnings per share - continuing operations (in dollars per share)

$ 0.01

$ 0

Basic (loss) earnings per share (in dollars per share)

0.01

Diluted (loss) earnings per share - continuing operations (in dollars per share)

0.01

(0.01)

Diluted (loss) earnings per share (in dollars per share)

$ 0.01

$ 0

Inventories

5,635

$ 5,635

$ 4,000

Total current assets

5,635

Noncurrent income taxes

(1,409)

Total assets

4,226

Retained earnings

4,226

3,000

Total stockholders' equity

4,226

Total liabilities and stockholders' equity

$ 4,226

4,226

Deferred tax (benefit) provision

395

(120)

(Increase) decrease in inventories

(1,563)

410

Cumulative effect of accounting change | Equipment sales

Error Corrections and Prior Period Adjustments Restatement [Line Items]

Cost of equipment sales

$ (1,563)

$ 410

[1]	The sum of the earnings per share amounts may not equal the totals due to rounding.

Revenue (Disaggregates of Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing									$ 3,673,561	$ 3,554,075	$ 3,205,125
Revenue	$ 983,712	$ 875,449	$ 899,203	$ 915,197	$ 1,028,417	$ 891,898	$ 837,492	$ 796,268	3,673,561	3,554,075	3,205,125
ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									3,046,015	2,898,540	2,484,837
Products/services transferred at a point in time \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									318,077	293,648	334,046
Products/services transferred over time \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									2,727,938	2,604,892	2,150,791
Business services
Disaggregation of Revenue [Line Items]
Revenue from products and services									2,334,674	2,191,306	1,710,801
Revenue from leasing transactions and financing									0	0	0
Revenue									2,334,674	2,191,306	1,710,801
Support services
Disaggregation of Revenue [Line Items]
Revenue from products and services									460,888	473,292	506,187
Revenue from leasing transactions and financing									0	0	0
Revenue									460,888	473,292	506,187
Financing
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									294,418	341,034	368,090
Revenue									294,418	341,034	368,090
Equipment sales
Disaggregation of Revenue [Line Items]
Revenue from products and services									91,015	74,660	80,562
Revenue from leasing transactions and financing									259,123	240,222	271,542
Revenue									350,138	314,882	352,104
Supplies
Disaggregation of Revenue [Line Items]
Revenue from products and services									159,438	159,282	187,287
Revenue from leasing transactions and financing									0	0	0
Revenue									159,438	159,282	187,287
Rentals
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									74,005	74,279	80,656
Revenue									74,005	74,279	80,656
Sales And Services
Disaggregation of Revenue [Line Items]
Revenue from products and services									3,046,015	2,898,540	2,484,837
Revenue from leasing transactions and financing									627,546	655,535	720,288
Revenue									3,673,561	3,554,075	3,205,125
Global Ecommerce
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing									1,702,580	1,618,897	1,151,510
Global Ecommerce \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									1,702,580	1,618,897	1,151,510
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									1,702,580	1,618,897	1,151,510
Global Ecommerce \| Business services
Disaggregation of Revenue [Line Items]
Revenue from products and services									1,702,580	1,618,897	1,151,510
Global Ecommerce \| Support services
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Global Ecommerce \| Financing
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									0	0	0
Global Ecommerce \| Equipment sales
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									0	0	0
Global Ecommerce \| Supplies
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Global Ecommerce \| Rentals
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									0	0	0
Global Ecommerce \| Sales And Services
Disaggregation of Revenue [Line Items]
Revenue from products and services									1,702,580	1,618,897	1,151,510
Presort Services
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing									573,480	521,212	529,588
Presort Services \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									573,480	521,212	529,588
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									573,480	521,212	529,588
Presort Services \| Business services
Disaggregation of Revenue [Line Items]
Revenue from products and services									573,480	521,212	529,588
Presort Services \| Support services
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Presort Services \| Financing
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									0	0	0
Presort Services \| Equipment sales
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									0	0	0
Presort Services \| Supplies
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Presort Services \| Rentals
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									0	0	0
Presort Services \| Sales And Services
Disaggregation of Revenue [Line Items]
Revenue from products and services									573,480	521,212	529,588
SendTech Solutions
Disaggregation of Revenue [Line Items]
Revenue from leasing transactions and financing									1,397,501	1,413,966	1,524,027
SendTech Solutions \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									769,955	758,431	803,739
SendTech Solutions \| Products/services transferred at a point in time \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									318,077	293,648	334,046
SendTech Solutions \| Products/services transferred over time \| ASC 606
Disaggregation of Revenue [Line Items]
Revenue from products and services									451,878	464,783	469,693
SendTech Solutions \| Business services
Disaggregation of Revenue [Line Items]
Revenue from products and services									58,614	51,197	29,703
SendTech Solutions \| Support services
Disaggregation of Revenue [Line Items]
Revenue from products and services									460,888	473,292	506,187
SendTech Solutions \| Financing
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									294,418	341,034	368,090
SendTech Solutions \| Equipment sales
Disaggregation of Revenue [Line Items]
Revenue from products and services									91,015	74,660	80,562
Revenue from leasing transactions and financing									259,123	240,222	271,542
SendTech Solutions \| Supplies
Disaggregation of Revenue [Line Items]
Revenue from products and services									159,438	159,282	187,287
SendTech Solutions \| Rentals
Disaggregation of Revenue [Line Items]
Revenue from products and services									0	0	0
Revenue from leasing transactions and financing									74,005	74,279	80,656
SendTech Solutions \| Sales And Services
Disaggregation of Revenue [Line Items]
Revenue from products and services									$ 769,955	$ 758,431	$ 803,739

Revenue (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
Revenue (Narrative) (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Advanced billings, revenue recognized	$ 106
Advanced billings from lease	$ 6	$ 8
Expected timing of satisfaction period	12 months
Support services \| Minimum
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Period of recognition	1 year
Support services \| Maximum
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Period of recognition	5 years
Business services \| Minimum
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Period of recognition	1 year
Business services \| Maximum
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Period of recognition	5 years

Revenue (Advance Billings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Advance billings, current	$ 92,926	$ 106,498
Advance billings, noncurrent	1,109	$ 1,277
Increase (decrease)
Advance billings, current	(13,572)
Advance billings, noncurrent	$ (168)

Revenue (Future Performance Obligations) (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 685,974
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 276,314
Expected timing of satisfaction period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Future performance obligations	$ 196,265
Expected timing of satisfaction period	1 year
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	$ 213,395
Expected timing of satisfaction period	3 years

Segment Information (Revenues) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Revenue	$ 983,712	$ 875,449	$ 899,203	$ 915,197	$ 1,028,417	$ 891,898	$ 837,492	$ 796,268	$ 3,673,561	$ 3,554,075	$ 3,205,125
United States
Segment Reporting Information [Line Items]
Revenue									3,114,905	3,112,285	2,745,928
Outside United States
Segment Reporting Information [Line Items]
Revenue									558,656	441,790	459,197
Digital Commerce Solutions \| Global Ecommerce
Segment Reporting Information [Line Items]
Total from contracts with customers									1,702,580	1,618,897	1,151,510
Digital Commerce Solutions \| Presort Services
Segment Reporting Information [Line Items]
Total from contracts with customers									573,480	521,212	529,588
SendTech Solutions
Segment Reporting Information [Line Items]
Total from contracts with customers									$ 1,397,501	$ 1,413,966	$ 1,524,027

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 4
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130543-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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+ Details

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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+ Details

Segment Information (EBIT) (Details) - USD ($)	3 Months Ended								12 Months Ended
Segment Information (EBIT) (Details) - USD ($)	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciling items:
Goodwill impairment	$ 0								$ 0	$ (198,169,000)	$ 0
Loss on debt refinancing									56,209,000	36,987,000	6,623,000
Gain (loss) on sale of assets/businesses									11,635,000	21,969,000	(17,683,000)
Benefit (provision) for income taxes	320,000	$ 1,525,000	$ (4,915,000)	$ 13,992,000	$ 350,000	$ (541,000)	$ (16,957,000)	$ 10,026,000	10,922,000	(7,122,000)	13,127,000
Income (loss) from continuing operations									3,507,000	(190,491,000)	39,859,000
(Loss) income from discontinued operations, net of tax	(524,000)	572,000	(1,020,000)	(3,886,000)	2,467,000	616,000	(3,032,000)	10,064,000	(4,858,000)	10,115,000	154,460,000
Net (loss) income	$ 1,267,000	$ 9,067,000	$ 19,856,000	$ (31,541,000)	$ 20,266,000	$ 11,351,000	$ (3,506,000)	$ (208,487,000)	(1,351,000)	(180,376,000)	194,319,000
Digital Commerce Solutions \| Global Ecommerce
Segment Reporting Information [Line Items]
EBIT									(98,673,000)	(82,894,000)	(70,146,000)
Reconciling items:
Goodwill impairment										(198,169,000)
Digital Commerce Solutions \| Presort Services
Segment Reporting Information [Line Items]
EBIT									79,721,000	55,799,000	70,693,000
Reconciling items:
Goodwill impairment										0
SendTech Solutions
Reconciling items:
Goodwill impairment										0
Operating Segments
Segment Reporting Information [Line Items]
EBIT									410,463,000	415,553,000	490,459,000
Operating Segments \| SendTech Solutions
Segment Reporting Information [Line Items]
EBIT									429,415,000	442,648,000	489,912,000
Reconciling Items
Reconciling items:
Interest, net									(143,945,000)	(153,915,000)	(155,558,000)
Unallocated corporate expenses									(207,774,000)	(200,406,000)	(211,529,000)
Restructuring charges and asset impairments									(19,003,000)	(20,712,000)	(69,606,000)
Goodwill impairment									0	(198,169,000)	0
Loss on debt refinancing									(56,209,000)	(36,987,000)	(6,623,000)
Gain (loss) on sale of assets/businesses									11,635,000	11,908,000	(17,683,000)
Transaction costs									$ (2,582,000)	$ (641,000)	$ (2,728,000)

Segment Information (Depreciation and Amortization) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 162,859	$ 160,625	$ 159,142
Digital Commerce Solutions \| Global Ecommerce
Segment Reporting Information [Line Items]
Depreciation and amortization	79,128	69,676	68,385
Digital Commerce Solutions \| Presort Services
Segment Reporting Information [Line Items]
Depreciation and amortization	27,243	31,769	29,440
Corporate
Segment Reporting Information [Line Items]
Depreciation and amortization	26,538	24,864	21,559
Operating Segments
Segment Reporting Information [Line Items]
Depreciation and amortization	136,321	135,761	137,583
Operating Segments \| SendTech Solutions
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 29,950	$ 34,316	$ 39,758

Segment Information (Capital Expenditures) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Capital expenditures	$ 184,042	$ 104,987	$ 137,253
Digital Commerce Solutions \| Global Ecommerce
Segment Reporting Information [Line Items]
Capital expenditures	89,488	46,427	53,374
Digital Commerce Solutions \| Presort Services
Segment Reporting Information [Line Items]
Capital expenditures	36,628	15,795	27,394
Corporate
Segment Reporting Information [Line Items]
Capital expenditures	31,898	13,942	24,209
Operating Segments
Segment Reporting Information [Line Items]
Capital expenditures	152,144	91,045	113,044
Operating Segments \| SendTech Solutions
Segment Reporting Information [Line Items]
Capital expenditures	$ 26,028	$ 28,823	$ 32,276

Segment Information (Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Assets	$ 4,958,871	$ 5,224,363	$ 5,469,958
Cash and cash equivalents	732,480	921,450
Short-term investments	14,440	18,974
Long-term investments	333,052	364,212
Identifiable long-lived assets	672,364	631,631	618,154
United States
Segment Reporting Information [Line Items]
Identifiable long-lived assets	658,070	613,990	596,694
Outside United States
Segment Reporting Information [Line Items]
Identifiable long-lived assets	14,294	17,641	21,460
Global Ecommerce
Segment Reporting Information [Line Items]
Assets	35,000
Digital Commerce Solutions \| Global Ecommerce
Segment Reporting Information [Line Items]
Assets	1,032,434	994,554	1,102,313
Digital Commerce Solutions \| Presort Services
Segment Reporting Information [Line Items]
Assets	479,392	523,690	524,817
Operating Segments
Segment Reporting Information [Line Items]
Assets	3,525,187	3,589,272	3,783,936
Operating Segments \| SendTech Solutions
Segment Reporting Information [Line Items]
Assets	2,013,361	2,071,028	2,156,806
Reconciling Items
Segment Reporting Information [Line Items]
Cash and cash equivalents	732,480	921,450	924,442
Short-term investments	14,440	18,974	115,879
Assets of discontinued operations	0	0	17,229
Long-term investments	333,052	364,212	238,882
Other corporate assets	$ 353,712	$ 330,455	$ 389,590

Discontinued Operations (Financial Information) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss from discontinued operations, net of tax	$ (524)	$ 572	$ (1,020)	$ (3,886)	$ 2,467	$ 616	$ (3,032)	$ 10,064	$ (4,858)	$ 10,115	$ 154,460
Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale									(1,827)	7,805	181,313
Tax provision									3,031	(2,310)	48,350
Loss from discontinued operations, net of tax									(4,858)	10,115	154,460
Revenue											272,565
Earnings (loss) from discontinued operations											21,497
Income (loss) from discontinued operations before taxes											202,810
Software Solutions \| Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale									(1,827)	7,972	195,957
Revenue											272,565
Earnings (loss) from discontinued operations											22,160
Income (loss) from discontinued operations before taxes											218,117
Production Mail \| Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale									$ 0	$ (167)	(14,644)
Revenue											0
Earnings (loss) from discontinued operations											(663)
Income (loss) from discontinued operations before taxes											$ (15,307)

Earnings per Share (EPS) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Dec. 31, 2020

Sep. 30, 2020

Jun. 30, 2020

Mar. 31, 2020

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Numerator:

Income (loss) from continuing operations

$ 3,507

$ (190,491)

$ 39,859

(Loss) income from discontinued operations, net of tax

$ (524)

$ 572

$ (1,020)

$ (3,886)

$ 2,467

$ 616

$ (3,032)

$ 10,064

(4,858)

10,115

154,460

Net (loss) income

$ 1,267

$ 9,067

$ 19,856

$ (31,541)

$ 20,266

$ 11,351

$ (3,506)

$ (208,487)

(1,351)

(180,376)

194,319

Less: Preference stock dividend

(Loss) income attributable to common stockholders (numerator for basic EPS)

$ (1,351)

$ (180,376)

$ 194,311

Denominator:

Weighted-average shares used in basic EPS (in shares)

173,914,000

171,519,000

176,251,000

Dilutive effect of common stock equivalents (shares)

5,191,000

1,198,000

Weighted-average shares used in diluted EPS (in shares)

179,105,000

171,519,000

177,449,000

Basic (loss) earnings per share:

Continuing operations (in dollars per share)

$ 0.01

$ 0.05

$ 0.12

$ (0.16)

$ 0.10

$ 0.06

$ 0

$ (1.28)

$ 0.02

^[1]

$ (1.11)

^[1]

$ 0.23

^[1]

Discontinued operations (in dollars per share)

(0.01)

(0.02)

0.01

(0.02)

0.06

(0.03)

^[1]

0.06

^[1]

0.88

^[1]

Net income (in dollars per share)

0.01

0.05

0.11

(0.18)

0.12

0.07

(0.02)

(1.22)

(0.01)

^[1]

(1.05)

^[1]

1.10

^[1]

Diluted (loss) earnings per share:

Continuing operations (in dollars per share)

0.01

0.05

0.12

(0.16)

0.10

0.06

(1.28)

0.02

^[1]

(1.11)

^[1]

0.22

^[1]

Discontinued operations (in dollars per share)

(0.01)

(0.02)

0.01

(0.02)

0.06

(0.03)

^[1]

0.06

^[1]

0.87

^[1]

Net income (in dollars per share)

$ 0.01

$ 0.05

$ 0.11

$ (0.18)

$ 0.11

$ 0.06

$ (0.02)

$ (1.22)

$ (0.01)

^[1]

$ (1.05)

^[1]

$ 1.10

^[1]

Anti-dilutive options excluded from diluted earnings per share (in shares)

6,514,000

11,626,000

15,751,000

Dilutive effect of common stock equivalents (shares)

2,483

[1]	The sum of the earnings per share amounts may not equal the totals due to rounding.

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 22,352	$ 16,570
Supplies and service parts	26,076	24,061
Finished products	30,160	30,849
Inventories	$ 78,588	$ 71,480

Finance Assets and Lessor Operating Leases (Finance Receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	$ (26,218)	$ (35,869)	$ (19,651)	$ (20,222)
Net investment in receivables	1,148,107	1,173,342
North America
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net investment in receivables	989,460	995,320
International
Accounts, Notes, Loans and Financing Receivable [Line Items]
Net investment in receivables	158,647	178,022
Sales-type lease receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	1,146,271	1,206,929
Unguaranteed residual values	48,613	48,545
Unearned income	(303,024)	(337,045)
Allowance for credit losses	(22,792)	(28,923)
Net investment in receivables	869,068	889,506
Sales-type lease receivables \| North America
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	958,440	994,985
Unguaranteed residual values	37,896	36,405
Unearned income	(246,381)	(275,359)
Allowance for credit losses	(19,546)	(22,917)	(10,920)	(10,253)
Net investment in receivables	730,409	733,114
Sales-type lease receivables \| International
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	187,831	211,944
Unguaranteed residual values	10,717	12,140
Unearned income	(56,643)	(61,686)
Allowance for credit losses	(3,246)	(6,006)	(2,085)	(2,355)
Net investment in receivables	138,659	156,392
Loan receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	282,465	290,782
Allowance for credit losses	(3,426)	(6,946)
Net investment in receivables	279,039	283,836
Loan receivables \| North America
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	262,310	268,690
Allowance for credit losses	(3,259)	(6,484)	(5,906)	(6,777)
Net investment in receivables	259,051	262,206
Loan receivables \| International
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross finance receivables	20,155	22,092
Allowance for credit losses	(167)	(462)	$ (740)	$ (837)
Net investment in receivables	$ 19,988	$ 21,630

Finance Assets and Lessor Operating Leases (Sales-type Lease and Loan Receivables) (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Sales-type Lease Receivables
2022	$ 455,473
2023	330,196
2024	209,804
2025	111,029
2026	37,600
Thereafter	2,169
Total	1,146,271
Loan Receivables
2022	246,477
2023	15,383
2024	12,278
2025	6,880
2026	1,447
Thereafter	0
Total	282,465
North America
Sales-type Lease Receivables
2022	379,948
2023	276,501
2024	177,005
2025	93,071
2026	31,092
Thereafter	823
Total	958,440
Loan Receivables
2022	226,322
2023	15,383
2024	12,278
2025	6,880
2026	1,447
Thereafter	0
Total	262,310
International
Sales-type Lease Receivables
2022	75,525
2023	53,695
2024	32,799
2025	17,958
2026	6,508
Thereafter	1,346
Total	187,831
Loan Receivables
2022	20,155
2023	0
2024	0
2025	0
2026	0
Thereafter	0
Total	$ 20,155

Finance Assets and Lessor Operating Leases (Allowance for Credit Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Allowance for Credit Losses
Balance at beginning	$ 35,869	$ 19,651	$ 20,222
Amounts charged to expense	(1,547)	22,404	12,144
Write-offs	(14,313)	(19,183)	(18,296)
Recoveries	6,518	5,742	5,426
Other	(309)	(2,248)	155
Balance at ending	26,218	35,869	19,651
Cumulative effect of accounting change
Allowance for Credit Losses
Balance at beginning		9,503
Balance at ending			9,503
Sales-type lease receivables
Allowance for Credit Losses
Balance at beginning	28,923
Balance at ending	22,792	28,923
Sales-type lease receivables \| North America
Allowance for Credit Losses
Balance at beginning	22,917	10,920	10,253
Amounts charged to expense	648	10,789	5,672
Write-offs	(7,120)	(7,609)	(6,971)
Recoveries	3,097	2,070	1,717
Other	4	(2,524)	249
Balance at ending	19,546	22,917	10,920
Sales-type lease receivables \| North America \| Cumulative effect of accounting change
Allowance for Credit Losses
Balance at beginning		9,271
Balance at ending			9,271
Sales-type lease receivables \| International
Allowance for Credit Losses
Balance at beginning	6,006	2,085	2,355
Amounts charged to expense	(1,788)	2,902	1,157
Write-offs	(846)	(1,068)	(1,505)
Recoveries	173	194	181
Other	(299)	143	(103)
Balance at ending	3,246	6,006	2,085
Sales-type lease receivables \| International \| Cumulative effect of accounting change
Allowance for Credit Losses
Balance at beginning		1,750
Balance at ending			1,750
Loan receivables
Allowance for Credit Losses
Balance at beginning	6,946
Balance at ending	3,426	6,946
Loan receivables \| North America
Allowance for Credit Losses
Balance at beginning	6,484	5,906	6,777
Amounts charged to expense	(426)	8,158	4,746
Write-offs	(6,045)	(9,955)	(8,971)
Recoveries	3,245	3,474	3,519
Other	1	17	(165)
Balance at ending	3,259	6,484	5,906
Loan receivables \| North America \| Cumulative effect of accounting change
Allowance for Credit Losses
Balance at beginning		(1,116)
Balance at ending			(1,116)
Loan receivables \| International
Allowance for Credit Losses
Balance at beginning	462	740	837
Amounts charged to expense	19	555	569
Write-offs	(302)	(551)	(849)
Recoveries	3	4	9
Other	(15)	116	174
Balance at ending	$ 167	462	740
Loan receivables \| International \| Cumulative effect of accounting change
Allowance for Credit Losses
Balance at beginning		$ (402)
Balance at ending			$ (402)

Finance Assets and Lessor Operating Leases (Aging of Receivables) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Total	$ 1,428,736	$ 1,497,711
Still accruing interest	5,646	7,447
Not accruing interest	9,363	22,614
Total	15,009	30,061
Amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	1,413,727	1,467,650
Greater Than 90 days
Financing Receivable, Past Due [Line Items]
Total	15,009	30,061
Sales-type lease receivables \| North America
Financing Receivable, Past Due [Line Items]
Total	958,440	994,985
Still accruing interest	4,964	5,128
Not accruing interest	3,338	17,591
Total	8,302	22,719
Sales-type lease receivables \| North America \| Amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	950,138	972,266
Sales-type lease receivables \| North America \| Greater Than 90 days
Financing Receivable, Past Due [Line Items]
Total	8,302	22,719
Sales-type lease receivables \| International
Financing Receivable, Past Due [Line Items]
Total	187,831	211,944
Still accruing interest	682	463
Not accruing interest	2,092	2,513
Total	2,774	2,976
Sales-type lease receivables \| International \| Amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	185,057	208,968
Sales-type lease receivables \| International \| Greater Than 90 days
Financing Receivable, Past Due [Line Items]
Total	2,774	2,976
Loan receivables
Financing Receivable, Past Due [Line Items]
Total	282,465	290,782
Loan receivables \| North America
Financing Receivable, Past Due [Line Items]
Total	262,310	268,690
Still accruing interest	0	1,797
Not accruing interest	3,796	2,409
Total	3,796	4,206
Loan receivables \| North America \| Amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	258,514	264,484
Loan receivables \| North America \| Greater Than 90 days
Financing Receivable, Past Due [Line Items]
Total	3,796	4,206
Loan receivables \| International
Financing Receivable, Past Due [Line Items]
Total	20,155	22,092
Still accruing interest	0	59
Not accruing interest	137	101
Total	137	160
Loan receivables \| International \| Amounts 0 - 90 days
Financing Receivable, Past Due [Line Items]
Total	20,018	21,932
Loan receivables \| International \| Greater Than 90 days
Financing Receivable, Past Due [Line Items]
Total	$ 137	$ 160

Finance Assets and Lessor Operating Leases (Credit Quality) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Portfolio small dollar applications below thousand	$ 50
Total	$ 1,428,736	$ 1,497,711
Low
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	5.00%
Total	$ 968,473	973,245
Medium
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 193,599	229,757
Medium \| Minimum
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	5.00%
Medium \| Maximum
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	10.00%
High
Financing Receivable, Credit Quality Indicator [Line Items]
Approximate percentage of portfolio	10.00%
Total	$ 23,803	23,046
Not Scored
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 242,861	271,663
Not Scored \| Financing Receivable \| Geographic Concentration Risk
Financing Receivable, Credit Quality Indicator [Line Items]
Concentration Risk, Percentage	15.00%
North America \| Financing Receivable \| Geographic Concentration Risk
Financing Receivable, Credit Quality Indicator [Line Items]
Concentration Risk, Percentage	85.00%
Sales-type lease receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	$ 368,712	394,394
Year two	289,490	361,048
Year three	245,534	254,898
Year four	150,262	134,999
Year five	60,689	45,852
Prior	31,584	15,738
Sales-type lease receivables \| Low
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	274,191	256,573
Year two	195,421	228,344
Year three	162,479	165,244
Year four	95,661	87,346
Year five	33,698	30,518
Prior	14,862	12,249
Sales-type lease receivables \| Medium
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	43,403	50,785
Year two	34,955	49,946
Year three	31,038	37,168
Year four	17,895	21,388
Year five	6,981	6,470
Prior	3,619	2,375
Sales-type lease receivables \| High
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	5,474	6,182
Year two	5,017	5,396
Year three	4,044	3,782
Year four	2,708	1,974
Year five	849	1,051
Prior	889	143
Sales-type lease receivables \| Not Scored
Financing Receivable, Credit Quality Indicator [Line Items]
Year one	45,644	80,854
Year two	54,097	77,362
Year three	47,973	48,704
Year four	33,998	24,291
Year five	19,161	7,813
Prior	12,214	971
Sales-type lease receivables \| North America
Financing Receivable, Credit Quality Indicator [Line Items]
Total	958,440	994,985
Sales-type lease receivables \| International
Financing Receivable, Credit Quality Indicator [Line Items]
Total	187,831	211,944
Loan receivables
Financing Receivable, Credit Quality Indicator [Line Items]
Total	282,465	290,782
Loan receivables \| Low
Financing Receivable, Credit Quality Indicator [Line Items]
Total	192,161	192,971
Loan receivables \| Medium
Financing Receivable, Credit Quality Indicator [Line Items]
Total	55,708	61,625
Loan receivables \| High
Financing Receivable, Credit Quality Indicator [Line Items]
Total	4,822	4,518
Loan receivables \| Not Scored
Financing Receivable, Credit Quality Indicator [Line Items]
Total	29,774	31,668
Loan receivables \| North America
Financing Receivable, Credit Quality Indicator [Line Items]
Total	262,310	268,690
Loan receivables \| International
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 20,155	$ 22,092

Finance Assets and Lessor Operating Leases (Lease Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Receivables [Abstract]
Profit recognized at commencement	$ 127,469	$ 117,359	$ 146,923
Interest income	186,532	206,517	229,719
Total lease income from sales-type leases	$ 314,001	$ 323,876	$ 376,642

Finance Assets and Lessor Operating Leases (Operating Leases) (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Lessor, Lease, Description [Line Items]
2022	$ 22,782
2023	13,607
2024	16,444
2025	4,185
2026	902
Thereafter	59
Total	$ 57,979
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) - USD ($) $ in Thousands	12 Months Ended
Fixed Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Nov. 30, 2021
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 1,323,136	$ 1,274,269
Accumulated depreciation	(893,974)	(882,989)
Property, plant and equipment, net	429,162	391,280
Rental property and equipment	125,967	145,954
Accumulated depreciation	(91,193)	(107,519)
Rental property and equipment, net	34,774	38,435
Depreciation expense	132,000	127,000	$ 123,000
Shelton Facility
Property, Plant and Equipment [Line Items]
Term of operating leases				10 years
Assets held for sale	36,000
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	9,333
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	707,843	617,748
Capitalized software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	488,837	443,400
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 126,456	$ 203,788

Intangible Assets and Goodwill (Intangible Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite lived intangible assets
Gross Carrying Amount	$ 290,168	$ 287,199
Accumulated Amortization	(157,726)	(127,360)
Net Carrying Amount	132,442	159,839
Amortization expense	30,000	33,000	$ 36,000
Customer relationships
Finite lived intangible assets
Gross Carrying Amount	268,187	268,199
Accumulated Amortization	(141,492)	(115,010)
Net Carrying Amount	126,695	153,189
Software & technology
Finite lived intangible assets
Gross Carrying Amount	21,981	19,000
Accumulated Amortization	(16,234)	(12,350)
Net Carrying Amount	$ 5,747	$ 6,650

Intangible Assets and Goodwill (Future Amortization) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 29,812
2023	26,962
2024	26,962
2025	20,302
2026	14,148
Thereafter	14,256
Net Carrying Amount	$ 132,442	$ 159,839

Intangible Assets and Goodwill (Goodwill) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Goodwill
Goodwill before accumulated impairment			$ 1,350,454,000
Accumulated impairment	$ 0	$ 0	(198,169,000)	$ 0
Beginning balance		1,152,285,000	1,324,179,000
Acquisitions/dispositions		(2,396,000)	8,463,000
FX Impact		(14,786,000)	17,812,000
Ending balance	1,135,103,000	1,135,103,000	1,152,285,000	1,324,179,000
Digital Commerce Solutions \| Global Ecommerce
Goodwill
Goodwill before accumulated impairment			609,431,000
Accumulated impairment			(198,169,000)
Beginning balance		411,262,000	609,431,000
Acquisitions/dispositions		(16,200,000)	0
FX Impact		0	0
Ending balance	395,062,000	395,062,000	411,262,000	609,431,000
Digital Commerce Solutions \| Presort Services
Goodwill
Goodwill before accumulated impairment			220,992,000
Accumulated impairment			0
Beginning balance		220,992,000	212,529,000
Acquisitions/dispositions		0	8,463,000
FX Impact		0	0
Ending balance	220,992,000	220,992,000	220,992,000	212,529,000
SendTech Solutions
Goodwill
Goodwill before accumulated impairment			520,031,000
Accumulated impairment			0
Beginning balance		520,031,000	502,219,000
Acquisitions/dispositions		13,804,000	0
FX Impact		(14,786,000)	17,812,000
Ending balance	$ 519,049,000	$ 519,049,000	$ 520,031,000	$ 502,219,000

Intangible Assets and Goodwill (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2019	Dec. 31, 2020
Business Acquisition [Line Items]
Gain on sale of business		$ 10,000	$ (18,000)
Goodwill	$ 1,135,103	1,135,103	$ 1,324,179	$ 1,152,285
Tacit
Business Acquisition [Line Items]
Proceeds from sale of businesses, net of cash transferred		28,000
Gain loss on disposition of business pre tax		10,000
Gain on sale of business		4,000
Goodwill	16,000	16,000
Cresco Data
Business Acquisition [Line Items]
Cash plus potential additional payments	15,000
Achievement of revenue targets	$ 7,000	$ 7,000

Fair Value Measurements and Derivative Instruments (Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	$ 274,106	$ 325,794
Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Money market funds	426,748	508,019
Equity securities	29,356	26,583
Mortgage-backed / asset-backed securities	172,018	220,678
Total assets	752,602	885,413
Total liabilities	(304)	(4,123)
Fair Value, Recurring \| Interest rate swaps
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset	3,103
Derivative liability		(2,163)
Fair Value, Recurring \| Foreign exchange contracts
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative asset	2,474	3,776
Derivative liability	(304)	(1,960)
Commingled fixed income securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	1,692	1,722
Commingled fixed income securities \| Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	18,507	21,391
Government and related securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	35,229	31,961
Government and related securities \| Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	35,229	33,533
Corporate debt securities
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	65,167	71,433
Corporate debt securities \| Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Debt securities	65,167	71,433
Level 1 \| Fair Value, Recurring
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Money market funds	88,705	73,228
Equity securities	0	0
Mortgage-backed / asset-backed securities	0	0
Total assets	100,187	91,726
Total liabilities	0	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
Derivative liability		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	0
Derivative liability	0	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	1,692	1,722
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	9,790	16,776
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	338,043	434,791
Equity securities	29,356	26,583
Mortgage-backed / asset-backed securities	172,018	220,678
Total assets	652,415	793,687
Total liabilities	(304)	(4,123)
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	3,103
Derivative liability		(2,163)
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	2,474	3,776
Derivative liability	(304)	(1,960)
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	16,815	19,669
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	25,439	16,757
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	65,167	71,433
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	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
Derivative liability		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	0
Derivative liability	0	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 Derivative Instruments (Available-For-Sale Securities) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized cost	$ 282,350	$ 325,421
Gross unrealized gains	484	1,521
Gross unrealized losses	(8,728)	(1,148)
Debt securities	274,106	325,794
Government and related securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	36,160	31,882
Gross unrealized gains	81	157
Gross unrealized losses	(1,012)	(78)
Debt securities	35,229	31,961
Corporate debt securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	67,906	71,174
Gross unrealized gains	259	614
Gross unrealized losses	(2,998)	(355)
Debt securities	65,167	71,433
Commingled fixed income securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	1,725	1,706
Gross unrealized gains	0	16
Gross unrealized losses	(33)	0
Debt securities	1,692	1,722
Mortgage-backed / asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Amortized cost	176,559	220,659
Gross unrealized gains	144	734
Gross unrealized losses	(4,685)	(715)
Debt securities	$ 172,018	$ 220,678

Fair Value Measurements and Derivative Instruments - Investment Securities In Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 274,106	$ 325,794
Gross unrealized losses	8,728	1,148
Government and related securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	35,229	31,961
Gross unrealized losses	1,012	78
Corporate debt securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	65,167	71,433
Gross unrealized losses	2,998	355
Commingled fixed income securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	1,692	1,722
Gross unrealized losses	33	0
Mortgage-backed / asset-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	172,018	220,678
Gross unrealized losses	$ 4,685	$ 715

Fair Value Measurements and Derivative Instruments (Unrealized Holding Losses) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Greater than 12 continuous months, Fair Value	$ 202,844	$ 2,369
Greater than 12 continuous months, Gross unrealized losses	7,294	76
Less than 12 continuous months, Fair Value	56,743	132,267
Less than 12 continuous months, Gross unrealized losses	$ 1,434	1,072
Unrealized loss position, percentage	37.00%
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	$ 16,018	0
Greater than 12 continuous months, Gross unrealized losses	579	0
Less than 12 continuous months, Fair Value	15,438	8,500
Less than 12 continuous months, Gross unrealized losses	433	78
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	51,385	0
Greater than 12 continuous months, Gross unrealized losses	2,658	0
Less than 12 continuous months, Fair Value	8,859	39,313
Less than 12 continuous months, Gross unrealized losses	339	355
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	135,441	2,369
Greater than 12 continuous months, Gross unrealized losses	4,057	76
Less than 12 continuous months, Fair Value	30,754	84,454
Less than 12 continuous months, Gross unrealized losses	629	639
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	1,692	0
Less than 12 continuous months, Gross unrealized losses	$ 33	$ 0

Fair Value Measurements and Derivative Instruments (Reconciliation) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Amortized cost
Within 1 year	$ 2,430
After 1 year through 5 years	14,811
After 5 years through 10 years	75,630
After 10 years	189,479
Amortized cost	282,350	$ 325,421
Estimated fair value
Within 1 year	2,405
After 1 year through 5 years	14,544
After 5 years through 10 years	72,616
After 10 years	184,541
Total	$ 274,106	$ 325,794

Fair Value Measurements and Derivative Instruments (Held-to-Maturity Securities and Derivative Instruments) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Time deposits	$ 20,000,000	$ 75,000,000
Total net derivative asset (liability)	5,273,000	(347,000)
Total derivative assets
Derivative [Line Items]
Total net derivative asset (liability)	5,577,000	3,776,000
Total derivative liabilities
Derivative [Line Items]
Total net derivative asset (liability)	(304,000)	(4,123,000)
Foreign exchange contracts \| Derivatives designated as hedging instruments \| Other current assets and prepayments
Derivative [Line Items]
Total net derivative asset (liability)	21,000	96,000
Foreign exchange contracts \| Derivatives designated as hedging instruments \| Accounts payable and accrued liabilities
Derivative [Line Items]
Total net derivative asset (liability)	(10,000)	(112,000)
Foreign exchange contracts \| Derivatives not designated as hedging instruments \| Other current assets and prepayments
Derivative [Line Items]
Total net derivative asset (liability)	2,453,000	3,680,000
Foreign exchange contracts \| Derivatives not designated as hedging instruments \| Accounts payable and accrued liabilities
Derivative [Line Items]
Total net derivative asset (liability)	(294,000)	(1,848,000)
Interest rate swaps
Derivative [Line Items]
Total notional amount of outstanding contracts	200,000,000	500,000,000
Interest rate swaps \| Derivatives designated as hedging instruments \| Other Assets And Liabilities
Derivative [Line Items]
Total net derivative asset (liability)	3,103,000	(2,163,000)
Cash Flow Hedging
Derivative [Line Items]
Total notional amount of outstanding contracts	$ 1,000,000	$ 8,000,000

Fair Value Measurements and Derivative Instruments (Foreign Exchange Contracts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Derivative Gain (Loss) Recognized in AOCI (Effective Portion)	$ 5,464	$ (2,480)
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	(194)	(150)
Foreign exchange contracts
Derivative [Line Items]
Derivative Gain (Loss) Recognized in AOCI (Effective Portion)	198	(317)
Interest rate swaps
Derivative [Line Items]
Derivative Gain (Loss) Recognized in AOCI (Effective Portion)	5,266	(2,163)
Revenue
Derivative [Line Items]
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	289	(161)
Cost of sales
Derivative [Line Items]
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	(117)	11
Interest Expense
Derivative [Line Items]
Gain (Loss) Reclassified from AOCI to Earnings (Effective Portion)	(366)	0
Selling, general and administrative expense \| Foreign exchange contracts
Derivative [Line Items]
Derivative Gain (Loss) Recognized in Earnings	$ (4,540)	$ 5,298

Fair Value Measurements and Derivative Instruments (Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Carrying value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	$ 2,323,838	$ 2,564,393
Fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt	$ 2,355,894	$ 2,479,895

Supplemental Financial Statement Information (Allowance for Credit Losses for Accounts and Other Receivables ) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Allowance for credit losses
Amounts charged to expense	$ 7,808	$ 42,193	$ 28,488
Accounts and other receivables	11,168	18,899	17,830
Other assets	18,011	16,445	0
ASU 2016-13
Allowance for credit losses
Balance at beginning of year	35,344	17,830	17,443
Amounts charged to expense	9,355	19,789	16,345
Write-offs, recoveries and currency impact	(15,520)	(17,611)	(15,958)
Balance at end of year	29,179	35,344	17,830
ASU 2016-13 \| Cumulative effect of accounting change
Allowance for credit losses
Balance at beginning of year	$ 0	15,336	0
Balance at end of year		$ 0	$ 15,336

Supplemental Financial Statement Information (Other (Income) Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]
Loss on debt refinancing	$ 56,209	$ 36,987	$ 6,623
Insurance proceeds	(3,000)	(16,928)	0
(Gain) loss on sale of assets/businesses	(11,635)	(11,908)	17,683
Other (income) expense	$ 41,574	$ 8,151	$ 24,306

Supplemental Financial Statement Information (Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]
Purchases of property and equipment in accounts payable	$ 5,305	$ 16,098	$ 1,301
Cash interest paid	124,084	151,857	157,709
Cash income tax payments, net of refunds	$ 4,337	$ 20,185	$ 27,109

Supplemental Financial Statement Information (Balance Sheet Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other assets:
Long-term investments	$ 333,052	$ 364,212
Other (net of allowance of $18,011 and $16,445, respectively)	138,032	127,302
Other assets	18,011	16,445	$ 0
Total	471,084	491,514
Accounts payable and accrued liabilities:
Accounts payable	310,993	295,173
Customer deposits	185,528	165,774
Employee related liabilities	233,876	232,236
Other	192,146	187,433
Total	922,543	880,616
Other noncurrent liabilities:
Pension liabilities	115,457	235,439
Postretirement medical benefits	126,675	153,838
Other	66,596	47,738
Total	$ 308,728	$ 437,015

Restructuring Charges and Asset Impairments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Restructuring Reserve
Cash payments	$ (21,990)	$ (20,014)	$ (27,148)
Minimum
Restructuring Reserve
Restructuring reserve, payment period	12 months
Maximum
Restructuring Reserve
Restructuring reserve, payment period	24 months
Severance and other exit costs
Restructuring Reserve
Beginning balance	$ 10,063	12,006
Restructuring charges and asset impairments	19,003	20,712
Cash payments	(21,990)	(20,014)
Noncash activity	(1,329)	(2,641)
Ending balance	$ 5,747	$ 10,063	$ 12,006

Debt (Long-term Debt) (Details) - USD ($) $ in Thousands	12 Months Ended
Debt (Long-term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Principal amount	$ 2,364,513	$ 2,610,246
Less: unamortized costs, net	40,675	45,853
Total debt	2,323,838	2,564,393
Less: current portion long-term debt	24,739	216,032
Long-term debt	$ 2,299,099	2,348,361
Notes due \| Notes due October 2021
Debt Instrument [Line Items]
Interest rate	4.875%
Principal amount	$ 0	152,588
Notes due \| Notes due May 2022
Debt Instrument [Line Items]
Interest rate	5.625%
Principal amount	$ 0	148,792
Notes due \| Notes due April 2023
Debt Instrument [Line Items]
Interest rate	6.20%
Principal amount	$ 90,259	271,000
Notes due \| Notes due March 2024
Debt Instrument [Line Items]
Interest rate	4.625%
Principal amount	$ 242,603	374,000
Notes due \| Notes due March 2027
Debt Instrument [Line Items]
Interest rate	6.875%
Principal amount	$ 400,000	0
Notes due \| Notes due March 2029
Debt Instrument [Line Items]
Interest rate	7.25%
Principal amount	$ 350,000	0
Notes due \| Notes due January 2037
Debt Instrument [Line Items]
Interest rate	5.25%
Principal amount	$ 35,841	35,841
Notes due \| Notes due March 2043
Debt Instrument [Line Items]
Interest rate	6.70%
Principal amount	$ 425,000	425,000
Notes due \| Term loan due March 2028
Debt Instrument [Line Items]
Interest rate	4.10%
Term Loan \| Term loan due March 2026
Debt Instrument [Line Items]
Principal amount	$ 370,500	380,000
Term Loan \| Term loan due March 2026 \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	1.75%
Term Loan \| Term loan due January 2025
Debt Instrument [Line Items]
Principal amount	$ 0	818,125
Term Loan \| Term loan due January 2025 \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	5.50%
Term Loan \| Term loan due March 2028
Debt Instrument [Line Items]
Principal amount	$ 446,625	0
Term Loan \| Term loan due March 2028 \| LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate	4.00%
Other debt
Debt Instrument [Line Items]
Principal amount	$ 3,685	$ 4,900

Debt (Narrative) (Details) - USD ($)	12 Months Ended
Debt (Narrative) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	May 31, 2021
Debt Instrument [Line Items]
Principal amount	$ 2,364,513,000	$ 2,610,246,000
Loss on debt refinancing	56,209,000	36,987,000	$ 6,623,000
Interest rate swaps
Debt Instrument [Line Items]
Total notional amount of outstanding contracts	200,000,000	500,000,000
Gain on termination of derivative	2,000,000
Derivative, amount terminated	500,000,000
Notes due
Debt Instrument [Line Items]
Loss on debt refinancing	56,000,000
Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Principal amount	380,000,000
Maximum borrowing capacity	500,000,000
Borrowings under facility	0
Interest rate swaps
Debt Instrument [Line Items]
Total notional amount of outstanding contracts	$ 200,000,000			$ 500,000,000
Fixed interest rate	0.56%
Notes due March 2027 \| Notes due
Debt Instrument [Line Items]
Principal amount	$ 400,000,000	0
Interest rate	6.875%
Notes due March 2029 \| Notes due
Debt Instrument [Line Items]
Principal amount	$ 350,000,000	0
Interest rate	7.25%
Term loan due March 2028 \| Notes due
Debt Instrument [Line Items]
Interest rate	4.10%
Debt term	7 years
Face amount	$ 450,000,000
Notes due May 2022 \| Notes due
Debt Instrument [Line Items]
Principal amount	$ 0	148,792,000
Interest rate	5.625%
Purchase of debt	$ 363,000,000
Notes due April 2023 \| Notes due
Debt Instrument [Line Items]
Principal amount	$ 90,259,000	271,000,000
Interest rate	6.20%
Purchase of debt	$ 363,000,000
Notes due March 2024 \| Notes due
Debt Instrument [Line Items]
Principal amount	$ 242,603,000	$ 374,000,000
Interest rate	4.625%
Purchase of debt	$ 363,000,000
Term Loan Due March 2026 \| Notes due
Debt Instrument [Line Items]
Interest rate	1.90%

Debt (Maturities of Outstanding Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
2022	$ 24,739
2023	119,748
2024	281,560
2025	42,500
2026	261,000
Thereafter	1,634,966
Total	$ 2,364,513	$ 2,610,246

Retirement Plans and Postretirement Medical Benefits (Benefit Obligations and Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Pension Benefits \| United States
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	$ 1,609,125	$ 1,729,515
Projected benefit obligation
Benefit obligation - beginning of year	1,729,959	1,613,054
Service cost	102	86	$ 83
Interest cost	42,434	52,103	63,171
Actuarial (gain) loss	(53,133)	185,306
Foreign currency changes	0	0
Settlements and curtailments	(1,429)	(3,854)
Benefits paid	(108,425)	(116,736)
Benefit obligation - end of year	1,609,508	1,729,959	1,613,054
Fair value of plan assets
Fair value of plan assets - beginning of year	1,601,786	1,487,018
Actual return on plan assets	51,828	225,812
Company contributions	5,397	9,546
Settlements and curtailments	(1,429)	(3,854)
Foreign currency changes	0	0
Benefits paid	(108,425)	(116,736)
Fair value of plan assets - end of year	1,549,157	1,601,786	1,487,018
Amounts recognized in the Consolidated Balance Sheets
Noncurrent asset	0	465
Current liability	(5,883)	(5,843)
Noncurrent liability	(54,468)	(122,795)
Funded status	(60,351)	(128,173)
Pension Benefits \| Foreign
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation	762,558	829,413
Projected benefit obligation
Benefit obligation - beginning of year	830,674	746,942
Service cost	1,528	1,650	1,543
Interest cost	11,811	13,379	17,853
Actuarial (gain) loss	(37,197)	76,006
Foreign currency changes	(10,747)	29,128
Settlements and curtailments	0	(15,171)
Benefits paid	(25,601)	(21,260)
Benefit obligation - end of year	770,468	830,674	746,942
Fair value of plan assets
Fair value of plan assets - beginning of year	742,639	668,308
Actual return on plan assets	17,929	78,120
Company contributions	9,686	9,674
Settlements and curtailments	0	(15,171)
Foreign currency changes	(7,210)	22,968
Benefits paid	(25,601)	(21,260)
Fair value of plan assets - end of year	737,443	742,639	668,308
Amounts recognized in the Consolidated Balance Sheets
Noncurrent asset	29,309	26,053
Current liability	(1,345)	(1,444)
Noncurrent liability	(60,989)	(112,644)
Funded status	(33,025)	(88,035)
Nonpension postretirement benefit plans
Projected benefit obligation
Benefit obligation - beginning of year	169,210	164,104
Service cost	909	885	967
Interest cost	3,755	4,993	6,584
Actuarial (gain) loss	(22,305)	11,496
Foreign currency changes	123	340
Benefits paid	(12,176)	(12,608)
Benefit obligation - end of year	139,516	169,210	164,104
Fair value of plan assets
Fair value of plan assets - beginning of year	0	0
Company contributions	12,176	12,608
Benefits paid	(12,176)	(12,608)
Fair value of plan assets - end of year	0	0	$ 0
Amounts recognized in the Consolidated Balance Sheets
Current liability	(12,841)	(15,372)
Noncurrent liability	(126,675)	(153,838)
Funded status	(139,516)	(169,210)
Nonpension postretirement benefit plans \| United States
Projected benefit obligation
Benefit obligation - beginning of year	153,000
Benefit obligation - end of year	$ 126,000	$ 153,000

Retirement Plans and Postretirement Medical Benefits (Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
United States
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 1,609,508	$ 1,729,638
Accumulated benefit obligation	1,609,125	1,729,194
Fair value of plan assets	1,549,157	1,601,000
Foreign
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	59,859	691,909
Accumulated benefit obligation	59,352	690,887
Fair value of plan assets	$ 0	$ 577,821

Retirement Plans and Postretirement Medical Benefits (Pretax Amounts Recognized in AOCI) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	$ 15,175	$ 41,570
Prior service (credit) cost	0	129
Total	15,175	41,699
United States \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	716,585	783,211
Prior service (credit) cost	(149)	(209)
Transition asset	0	0
Total	716,436	783,002
Foreign \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss	301,913	334,520
Prior service (credit) cost	7,804	8,072
Transition asset	(7)	(7)
Total	$ 309,710	$ 342,585

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, 2021	Dec. 31, 2020	Dec. 31, 2019
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 909	$ 885	$ 967
Interest cost	3,755	4,993	6,584
Amortization of prior service (credit) cost	129	373	321
Amortization of net actuarial loss	4,090	3,198	2,026
Net periodic benefit cost (income)	8,883	9,449	9,898
United States \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	102	86	83
Interest cost	42,434	52,103	63,171
Expected return on plan assets	(77,119)	(84,719)	(92,726)
Amortization of net transition asset	0	0	0
Amortization of prior service (credit) cost	(60)	(60)	(60)
Amortization of net actuarial loss	38,233	32,490	26,146
Settlements and curtailments	551	1,364	2,381
Net periodic benefit cost (income)	4,141	1,264	(1,005)
Foreign \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	1,528	1,650	1,543
Interest cost	11,811	13,379	17,853
Expected return on plan assets	(31,869)	(34,391)	(34,363)
Amortization of net transition asset	0	(4)	(6)
Amortization of prior service (credit) cost	268	245	243
Amortization of net actuarial loss	9,350	7,842	6,337
Settlements and curtailments	0	5,060	397
Net periodic benefit cost (income)	$ (8,912)	$ (6,219)	$ (7,996)

Retirement Plans and Postretirement Medical Benefits (Other Changes in Plan Assets and Benefit Obligations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Nonpension postretirement benefit plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial (gain) loss	$ (22,305)	$ 11,496
Amortization of net actuarial loss	(4,090)	(3,198)
Amortization of prior service credit (cost)	(129)	(373)
Total recognized in other comprehensive income	(26,524)	7,925
United States \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial (gain) loss	(27,842)	44,216
Amortization of net actuarial loss	(38,233)	(32,490)
Amortization of prior service credit (cost)	60	60
Net transition asset	0	0
Settlements and curtailments	(551)	(1,364)
Total recognized in other comprehensive income	(66,566)	10,422
Foreign \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Net actuarial (gain) loss	(23,257)	32,103
Amortization of net actuarial loss	(9,350)	(7,842)
Amortization of prior service credit (cost)	(268)	(245)
Net transition asset	0	4
Settlements and curtailments	0	(5,060)
Total recognized in other comprehensive income	$ (32,875)	$ 18,960

Retirement Plans and Postretirement Medical Benefits (Weighted-Average Actuarial Assumptions) (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Pension Benefits \| United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.85%	2.54%	3.34%
Discount rate	2.54%	3.34%	4.34%
Expected return on plan assets	5.60%	6.25%	6.75%
Pension Benefits \| Foreign \| Minimum
Defined Benefit Plan Disclosure [Line Items]
Discount rate	0.85%	0.70%	0.65%
Discount rate	0.70%	0.65%	0.75%
Expected return on plan assets	3.50%	4.25%	4.25%
Rate of compensation increase	1.50%	1.50%	1.50%
Rate of compensation increase	1.50%	1.50%	1.50%
Pension Benefits \| Foreign \| Maximum
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.85%	2.40%	2.95%
Discount rate	2.40%	2.95%	3.55%
Expected return on plan assets	5.75%	6.00%	6.25%
Rate of compensation increase	3.65%	2.50%	2.50%
Rate of compensation increase	2.50%	2.50%	2.50%
Nonpension postretirement benefit plans \| United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.80%	2.35%	3.20%
Discount rate	2.35%	3.20%	4.20%
Nonpension postretirement benefit plans \| Canada
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.90%	2.50%	3.00%
Discount rate	2.50%	3.00%	3.60%

Retirement Plans and Postretirement Medical Benefits (Target Asset Allocation) (Details)	Dec. 31, 2021	Dec. 31, 2020
United States
Defined Benefit Plan Disclosure [Line Items]
Target allocation	100.00%
Percent of Plan Assets	100.00%	100.00%
United States \| Equities
Defined Benefit Plan Disclosure [Line Items]
Target allocation	20.00%
Percent of Plan Assets	18.00%	33.00%
United States \| Multi-asset credit
Defined Benefit Plan Disclosure [Line Items]
Target allocation	3.00%
Percent of Plan Assets	3.00%	0.00%
United States \| Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target allocation	70.00%
Percent of Plan Assets	73.00%	62.00%
United States \| Real estate
Defined Benefit Plan Disclosure [Line Items]
Target allocation	6.00%
Percent of Plan Assets	5.00%	4.00%
United States \| Private equity
Defined Benefit Plan Disclosure [Line Items]
Target allocation	1.00%
Percent of Plan Assets	1.00%	1.00%
Foreign
Defined Benefit Plan Disclosure [Line Items]
Target allocation	100.00%
Percent of Plan Assets	100.00%	100.00%
Foreign \| Global equities
Defined Benefit Plan Disclosure [Line Items]
Target allocation	10.00%
Percent of Plan Assets	12.00%	22.00%
Foreign \| Fixed income
Defined Benefit Plan Disclosure [Line Items]
Target allocation	70.00%
Percent of Plan Assets	69.00%	60.00%
Foreign \| Real estate
Defined Benefit Plan Disclosure [Line Items]
Target allocation	10.00%
Percent of Plan Assets	9.00%	8.00%
Foreign \| Diversified growth
Defined Benefit Plan Disclosure [Line Items]
Target allocation	10.00%
Percent of Plan Assets	9.00%	9.00%
Foreign \| Cash
Defined Benefit Plan Disclosure [Line Items]
Target allocation	0.00%
Percent of Plan Assets	1.00%	1.00%

Retirement Plans and Postretirement Medical Benefits (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Percent of all foreign plan assets	79.00%
Assumed health care cost trend rate	6.80%	7.00%
Next year's assumed health care cost trend rate	6.50%
Assumed health care cost trend rate decline	5.00%
Total contributions to defined contribution plans	$ 27,000	$ 28,000
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	16,820	17,132
Unfunded Plan \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		8,000
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	6,000
United States \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,549,157	1,601,786	$ 1,487,018
United States \| Pension Benefits \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Funded percentage			1.10%
Foreign
Defined Benefit Plan Disclosure [Line Items]
Next year's anticipated total contributions to pension plans	10,000
Foreign \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 737,443	$ 742,639	$ 668,308

Retirement Plans and Postretirement Medical Benefits (Level 3 Gains and Losses) (Details) - United States - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Real estate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan assets - beginning of year	$ 45,275	$ 45,335
Realized gains	0	0
Unrealized losses	6,357	(2,134)
Net purchases, sales and settlements	1,663	1,221
Foreign currency changes	(804)	853
Fair value of plan assets - end of year	52,491	45,275
Private equity
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan assets - beginning of year	69,347	71,337
Realized gains	1,791	1,554
Unrealized losses	6,958	(3,360)
Net purchases, sales and settlements	(602)	(184)
Foreign currency changes	0	0
Fair value of plan assets - end of year	77,494	69,347
Diversified growth funds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation
Fair value of plan assets - beginning of year	50,750	47,621
Realized gains	0	0
Unrealized losses	1,995	1,493
Net purchases, sales and settlements	0	56
Foreign currency changes	(576)	1,580
Fair value of plan assets - end of year	$ 52,169	$ 50,750

Retirement Plans and Postretirement Medical Benefits (Nonpension Estimated Future Benefit Payments) (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
2022	$ 130,497
2023	131,204
2024	124,812
2025	125,765
2026	123,679
Thereafter	601,374
Total	1,237,331
Nonpension benefits
Defined Benefit Plan Disclosure [Line Items]
2022	12,854
2023	12,338
2024	11,819
2025	11,299
2026	10,778
Thereafter	45,383
Total	$ 104,471

Income Taxes (Income From Continuing Operations Before Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
U.S.									$ (85,258)	$ (243,760)	$ 500
International									77,843	60,391	26,232
(Loss) income from continuing operations before income taxes	$ 1,471	$ 6,970	$ 25,791	$ (41,647)	$ 17,449	$ 11,276	$ 16,483	$ (228,577)	$ (7,415)	$ (183,369)	$ 26,732

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 20
-Section 25
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123384075&loc=d3e41242-110953

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(8))
-URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ Details

Income Taxes (Provision for Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
U.S. Federal:
Current									$ (7,419)	$ (10,582)	$ (18,789)
Deferred									(13,825)	6,516	11,500
U.S. Federal: Total									(21,244)	(4,066)	(7,289)
U.S. State and Local:
Current									5,401	(2,569)	(9,142)
Deferred									(5,827)	4,100	8,000
U.S. State and Local: Total									(426)	1,531	(1,142)
International:
Current									10,979	4,993	9,993
Deferred									(231)	4,664	(14,689)
International: Total									10,748	9,657	(4,696)
Total current									8,961	(8,158)	(17,938)
Total deferred									(19,883)	15,280	4,811
(Benefit) provision for income taxes	$ (320)	$ (1,525)	$ 4,915	$ (13,992)	$ (350)	$ 541	$ 16,957	$ (10,026)	$ (10,922)	$ 7,122	$ (13,127)
Effective tax rate									147.30%	(3.90%)	(49.10%)

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating Loss Carryforwards [Line Items]
Benefit due to resolution of tax matters		$ 7,000,000	$ (2,000,000)
Benefit due to regulations enacted into law		5,000,000	3,000,000
Affiliate reorganization		3,000,000
Benefit from windfall associated with the vesting of restricted stock		505,000	(2,312,000)	$ (2,176,000)
Tax on market exits		6,000,000	2,000,000	3,000,000
Gain on sale of assets		(10,000,000)		18,000,000
Write-off deferred tax		1,000,000
Income tax expense from surrender of life insurance policy			12,000,000
Benefit for the correction of tax balances in certain domestic and international tax jurisdictions			5,000,000
Benefit from CARES ACT			2,000,000
Goodwill impairment charge			2,000,000
Impairment	$ 0	0	198,169,000	0
Change in deferred tax assets valuation allowance		5,000,000	3,000,000	23,000,000
Tax benefits from IRS tax settlements and resolution of U.S. tax examinations				9,000,000
Net operating loss carryforwards	157,000,000	157,000,000
Tax credit carry forwards	65,931,000	65,931,000	64,070,000
Tax credit carry forward without expiration	51,000,000	$ 51,000,000
Tax credit carryforwards, expiration period		11 years
Undistributed earnings	264,000,000	$ 264,000,000
Amount of unrecognized deferred tax liability	2,000,000	2,000,000
Unrecognized tax benefits that would affect the effective tax rate if recognized	$ 39,000,000	$ 39,000,000	44,000,000	$ 54,000,000
Possible change to unrecognized tax benefits	10.00%	10.00%
Income tax interest and penalties accrued	$ 4,000,000	$ 4,000,000	$ 4,000,000
Restricted Stock Units
Operating Loss Carryforwards [Line Items]
Benefit from windfall associated with the vesting of restricted stock		2,000,000
International Jurisdiction
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	163,000,000	163,000,000
Indefinite lived net operating loss carryforwards	150,000,000	$ 150,000,000
Operating loss carryforwards, expiration period		20 years
State Jurisdiction
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	$ 1,100,000,000	$ 1,100,000,000

Income Taxes (Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Federal statutory provision									$ (1,558)	$ (38,507)	$ 5,613
State and local income taxes									(336)	1,209	(901)
Impact of foreign operations taxed at rates other than the U.S. statutory rate									(2,220)	(3,345)	(18,541)
Accrual/release of uncertain tax amounts related to foreign operations									(7,288)	1,802	191
U.S. tax impacts of foreign income in the U.S.									4,441	(2,300)	5,587
CARES Act carryback benefit									(2,270)	(1,646)	0
Tax incentives/credits/exempt income									(500)	(750)	(5,437)
Unrealized stock compensation benefits									(505)	2,312	2,176
Surrender of company-owned life insurance policies									0	10,313	0
Goodwill impairment									0	40,328	0
Other, net									(686)	(2,294)	(1,815)
(Benefit) provision for income taxes	$ (320)	$ (1,525)	$ 4,915	$ (13,992)	$ (350)	$ 541	$ 16,957	$ (10,026)	(10,922)	7,122	(13,127)
Surrender for company-owned life insurance policies										2,000
Change in deferred tax assets valuation allowance									(5,000)	(3,000)	(23,000)
Tax on market exits									6,000	2,000	$ 3,000
Reorganization									3,000
Sale of business									3,000
Tax correction									$ (7,000)	2,000
Interest										$ 1,000

Income Taxes (Deferred Tax Liabilities and Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax liabilities:
Depreciation	$ (85,544)	$ (69,900)
Deferred profit (for tax purposes) on sale to finance subsidiary	(26,745)	(28,101)
Lease revenue and related depreciation	(202,862)	(190,852)
Intangible assets	(76,672)	(81,816)
Operating lease liability	(46,496)	(50,071)
Other	(25,438)	(27,865)
Gross deferred tax liabilities	(463,757)	(448,605)
Deferred tax assets:
Postretirement medical benefits	34,681	42,423
Pension	20,472	48,385
Operating lease asset	52,271	54,538
Inventory and equipment capitalization	1,866	3,903
Restructuring charges	1,548	2,022
Long-term incentives	12,308	12,905
Net operating loss	113,025	82,823
Tax credit carry forwards	65,931	64,070
Tax uncertainties gross-up	6,929	6,656
Other	58,457	42,079
Gross deferred tax assets	367,488	359,804
Less: Valuation allowance	(121,778)	(116,543)
Net deferred tax assets	245,710	243,261
Total deferred taxes, net	$ (218,047)	$ (205,344)

Income Taxes (Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits
Balance at beginning of year	$ 50,064	$ 60,302	$ 71,458
Increases from prior period positions	3,016	2,147	510
Decreases from prior period positions	(4,247)	(47)	(9,711)
Increases from current period positions	492	3,472	5,052
Decreases relating to settlements with tax authorities	(1,270)	(12,508)	(2,626)
Reductions from lapse of applicable statute of limitations	(2,983)	(3,302)	(4,381)
Balance at end of year	$ 45,072	$ 50,064	$ 60,302

Leased Assets and Liabilities (Operating and Finance Lease Assets and Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Assets
Operating	$ 208,428	$ 201,916
Finance	$ 46,770	$ 23,973
Finance	Property, plant and equipment, net	Property, plant and equipment, net
Total leased assets	$ 255,198	$ 225,889
Liabilities
Current operating lease liabilities	40,299	39,182
Noncurrent operating lease liabilities	192,092	180,292
Accounts payable and accrued liabilities	$ 10,694	$ 4,714
Accounts payable and accrued liabilities	Accounts payable and accrued liabilities	Accounts payable and accrued liabilities
Other noncurrent liabilities	$ 39,535	$ 18,862
Other noncurrent liabilities	Other noncurrent liabilities	Other noncurrent liabilities
Total lease liabilities	$ 282,620	$ 243,050
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	15 years
Option to extend	5 years

Leased Assets and Liabilities (Lease Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lease Cost
Operating lease expense	$ 62,269	$ 54,718	$ 48,503
Finance lease expense
Amortization of leased assets	9,191	3,792	3,372
Interest on lease liabilities	2,826	949	700
Variable lease expense	33,924	21,413	23,188
Sublease income	(1,761)	(979)	(1,948)
Total expense	$ 106,449	$ 79,893	$ 73,815

Leased Assets and Liabilities (Lease Maturity) (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Operating Leases
2022	$ 53,380
2023	46,776
2024	41,731
2025	34,202
2026	29,406
Thereafter	80,900
Total	286,395
Less: present value discount	54,004
Lease liability	232,391
Finance Leases
2022	13,444
2023	11,226
2024	9,889
2025	8,280
2026	6,751
Thereafter	9,357
Total	58,947
Less: present value discount	8,718
Lease liability	50,229
Total
2022	66,824
2023	58,002
2024	51,620
2025	42,482
2026	36,157
Thereafter	90,257
Total	345,342
Less: present value discount	62,722
Lease liability	$ 282,620

Leased Assets and Liabilities (Weighted-Average) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Leases signed but not yet commenced	$ 21,000
Weighted-average remaining lease term
Operating leases	6 years 8 months 12 days	7 years 2 months 12 days
Finance leases	5 years 6 months	5 years 7 months 6 days
Weighted-average discount rate
Operating leases	6.50%	7.10%
Finance leases	6.00%	7.10%

Leased Assets and Liabilities (Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash Flow Information
Operating cash outflows - operating leases	$ 59,748	$ 52,565	$ 44,252
Operating cash outflows - finance leases	2,826	949	700
Financing cash outflows - finance leases	7,707	4,223	3,096
Leased assets obtained in exchange for new lease obligations
Operating leases	48,662	38,641	87,160
Finance leases	$ 30,840	$ 17,741	$ 4,072

Stockholders' Equity (Details) - shares	12 Months Ended
Stockholders' Equity (Details) - shares	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Stock
Shares reserved for issuance under stock plans, dividend reinvestment program and conversion of Preferred and Preference Stock	36,722,032
Common Stock Outstanding
Stock
Shares outstanding (shares)	171,975,188	170,448,943	187,675,082
Repurchases of common stock (shares)			(18,595,315)
Issuance of common stock (shares)	2,756,207	1,526,245	1,276,797
Conversions to common stock (shares)			92,379
Shares outstanding (shares)	174,731,395	171,975,188	170,448,943
Treasury Stock
Stock
Shares outstanding (shares)	151,362,724	152,888,969	135,662,830
Repurchases of common stock (shares)			18,595,315
Issuance of common stock (shares)	(2,756,207)	(1,526,245)	(1,276,797)
Conversions to common stock (shares)			(92,379)
Shares outstanding (shares)	148,606,517	151,362,724	152,888,969

Accumulated Other Comprehensive Loss - Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Revenue	$ 983,712	$ 875,449	$ 899,203	$ 915,197	$ 1,028,417	$ 891,898	$ 837,492	$ 796,268	$ 3,673,561	$ 3,554,075	$ 3,205,125
Selling, general and administrative expense									(924,163)	(963,323)	(1,003,989)
Interest expense									(96,886)	(105,753)	(110,910)
(Loss) income from continuing operations before income taxes	1,471	6,970	25,791	(41,647)	17,449	11,276	16,483	(228,577)	(7,415)	(183,369)	26,732
Tax (benefit) provision	320	1,525	(4,915)	13,992	350	(541)	(16,957)	10,026	10,922	(7,122)	13,127
Net of tax	$ 1,267	$ 9,067	$ 19,856	$ (31,541)	$ 20,266	$ 11,351	$ (3,506)	$ (208,487)	(1,351)	(180,376)	194,319
Amounts Reclassified from AOCI \| Cash flow hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Revenue									289	(161)	72
Cost of sales									(117)	11	104
Interest expense									(366)	0	0
(Loss) income from continuing operations before income taxes									(194)	(150)	176
Tax (benefit) provision									(49)	(37)	44
Net of tax									(145)	(113)	132
Amounts Reclassified from AOCI \| Available-for-sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Revenue									(6)	10,124	1,079
Selling, general and administrative expense									7	(231)	0
(Loss) income from continuing operations before income taxes									(13)	10,355	1,079
Tax (benefit) provision									(2)	2,589	270
Net of tax									(11)	7,766	809
Amounts Reclassified from AOCI \| Pension and postretirement benefit plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
(Loss) income from continuing operations before income taxes									(52,561)	(50,508)	(37,785)
Tax (benefit) provision									(12,755)	(11,930)	(9,497)
Net of tax									(39,806)	(38,578)	(28,288)
Amounts Reclassified from AOCI \| Transition asset
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans									0	4	6
Amounts Reclassified from AOCI \| Prior service costs
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans									(337)	(558)	(504)
Amounts Reclassified from AOCI \| Actuarial losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans									(51,673)	(43,530)	(34,509)
Amounts Reclassified from AOCI \| Settlement
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension and postretirement benefit plans									$ (551)	$ (6,424)	$ (2,778)

Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss)
Beginning balance	$ 70,621	$ 289,154	$ 101,842
Other comprehensive income (loss) before reclassifications	18,857	(29,913)	81,471
Amounts reclassified from accumulated other comprehensive income (loss)	39,962	30,925	27,347
Other comprehensive income, net of tax	58,819	1,012	108,818
Ending balance	112,632	70,621	289,154
Cash flow hedges
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(1,411)	337	191
Other comprehensive income (loss) before reclassifications	5,069	(1,861)	278
Amounts reclassified from accumulated other comprehensive income (loss)	145	113	(132)
Other comprehensive income, net of tax	5,214	(1,748)	146
Ending balance	3,803	(1,411)	337
Available-for-sale securities
Accumulated Other Comprehensive Income (Loss)
Beginning balance	402	2,849	(3,061)
Other comprehensive income (loss) before reclassifications	(6,662)	5,319	6,719
Amounts reclassified from accumulated other comprehensive income (loss)	11	(7,766)	(809)
Other comprehensive income, net of tax	(6,651)	(2,447)	5,910
Ending balance	(6,249)	402	2,849
Pension and postretirement benefit plans
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(851,063)	(819,018)	(846,461)
Other comprehensive income (loss) before reclassifications	54,618	(70,623)	(845)
Amounts reclassified from accumulated other comprehensive income (loss)	39,806	38,578	28,288
Other comprehensive income, net of tax	94,424	(32,045)	27,443
Ending balance	(756,639)	(851,063)	(819,018)
Foreign currency adjustments
Accumulated Other Comprehensive Income (Loss)
Beginning balance	12,941	(24,311)	(99,630)
Other comprehensive income (loss) before reclassifications	(34,168)	37,252	75,319
Amounts reclassified from accumulated other comprehensive income (loss)	0	0	0
Other comprehensive income, net of tax	(34,168)	37,252	75,319
Ending balance	(21,227)	12,941	(24,311)
Accumulated other comprehensive loss
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(839,131)	(840,143)	(948,961)
Ending balance	$ (780,312)	$ (839,131)	$ (840,143)

Stock-Based Compensation Plans (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for future grants	119,940,056
Intrinsic value of options outstanding	$ 7
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Unrecognized compensation cost	$ 9
Weighted average recognition period	1 year 7 months 6 days
Intrinsic value of units outstanding	$ 38
Fair value of units vested	$ 22	$ 6	$ 8
Shares granted (in shares)	2,100,126	4,123,544	3,113,886
Issued weighted average fair value (in dollars per shares)	$ 8.36	$ 3.92	$ 6.56
Restricted Stock Units \| Directors' Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Shares granted (in shares)	121,455	282,131
Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Shares granted (in shares)			1,368,182
Issued weighted average fair value (in dollars per shares)			$ 6.60
Performance Stock Units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of awards granted	0.00%
Performance Stock Units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of awards granted	200.00%
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 2
Weighted average recognition period	1 year 4 months 24 days
Expiration period	10 years
Options exercised (in shares)	777,429	33,501	0
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	95.00%
Shares purchased under the Employee Stock Purchase Plan (in shares)	182,899	291,540
Shares reserved for future purchase under the ESPP (in shares)	1,818,727

Stock-Based Compensation Plans (Restricted Stock Units) (Details) - Restricted Stock Units - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Shares
Units outstanding beginning (in shares)	6,560,372	4,480,847
Granted (in shares)	2,100,126	4,123,544	3,113,886
Vested (in shares)	(2,504,189)	(1,486,371)
Forfeited (in shares)	(418,016)	(557,648)
Units outstanding ending (in shares)	5,738,293	6,560,372	4,480,847
Weighted average fair value
Weighted average grant date fair value - Beginning (in dollars per shares)	$ 6.27	$ 9.51
Granted (in dollars per shares)	8.36	3.92	$ 6.56
Vested (in dollars per shares)	6.72	9.65
Forfeited (in dollars per shares)	6.61	5.06
Weighted average grant date fair value - Ending (in dollars per shares)	$ 6.95	$ 6.27	$ 9.51

Stock-Based Compensation Plans (Performance Stock Units) (Details) - Performance Stock Units - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Shares
Units outstanding beginning (in shares)	1,730,002	2,778,362
Vested (in shares)	(287,109)	(303,460)
Forfeited (in shares)	(433,802)	(744,900)
Units outstanding ending (in shares)	1,009,091	1,730,002
Weighted average fair value
Weighted average grant date fair value - Beginning (in dollars per shares)	$ 9.31	$ 10.09
Vested (in dollars per shares)	9.33	4.00
Forfeited (in dollars per shares)	9.33	11.57
Weighted average grant date fair value - Ending (in dollars per shares)	$ 6.60	$ 9.31

Stock-Based Compensation Plans (Stock Option Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Shares
Closing Balance (in shares)	11,120,069
Options outstanding - end of the year (in shares)	8,853,859
Per share weighted average exercise prices
Closing Balance (in dollars per shares)	$ 10.64
Options exercisable - end of the year (in dollars per share)	$ 11.94
Stock Options
Shares
Closing Balance (in shares)	12,814,365	12,822,684
Granted (in shares)	737,842	2,801,982
Exercised (in shares)	(777,429)	(33,501)	0
Canceled (in shares)	(604,101)	(1,653,126)
Expired (in shares)	(1,050,608)	(1,123,674)
Closing Balance (in shares)	11,120,069	12,814,365	12,822,684
Options outstanding - end of the year (in shares)	8,853,859	7,027,974
Per share weighted average exercise prices
Opening Balance (in dollars per shares)	$ 11.81	$ 14.08
Granted (in dollars per share)	8.48	3.98
Exercised (in dollars per share)	6.11	6.82
Canceled (in dollars per share)	11.71	10.09
Expired (in dollars per share)	25.85	22.09
Closing Balance (in dollars per shares)	10.65	11.81	$ 14.08
Options exercisable - end of the year (in dollars per share)	$ 11.94	$ 16.76

Stock-Based Compensation Plans (Exercise Price Range) (Details)	12 Months Ended
	Dec. 31, 2021 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Outstanding - Shares (in shares) \| shares	11,120,069
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 10.64
Options Outstanding - Weighted-average remaining contractual life	5 years 9 months 18 days
Options Exercisable - Shares (in shares) \| shares	8,853,859
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 11.94
Options Exercisable - Weighted-average remaining contractual life	5 years 2 months 12 days
$3.98 - $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)	$ 3.98
Range of per share exercise prices, upper range (in dollars per share)	$ 8.76
Options Outstanding - Shares (in shares) \| shares	5,460,787
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 5.65
Options Outstanding - Weighted-average remaining contractual life	7 years 8 months 12 days
Options Exercisable - Shares (in shares) \| shares	3,194,577
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 5.69
Options Exercisable - Weighted-average remaining contractual life	7 years 2 months 12 days
$12.64 - $16.88
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)	$ 16.88
Options Outstanding - Shares (in shares) \| shares	4,857,128
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 14.40
Options Outstanding - Weighted-average remaining contractual life	4 years 6 months
Options Exercisable - Shares (in shares) \| shares	4,857,128
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 14.40
Options Exercisable - Weighted-average remaining contractual life	4 years 6 months
$17.20 - $23.94
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of per share exercise prices, lower range (in dollars per share)	$ 17.20
Range of per share exercise prices, upper range (in dollars per share)	$ 23.94
Options Outstanding - Shares (in shares) \| shares	802,154
Options Outstanding - Per share weighted-average exercise price (in dollars per share)	$ 21.93
Options Outstanding - Weighted-average remaining contractual life	1 year 2 months 12 days
Options Exercisable - Shares (in shares) \| shares	802,154
Options Exercisable - Per share weighted-average exercise price (in dollars per share)	$ 21.93
Options Exercisable - Weighted-average remaining contractual life	1 year 2 months 12 days

Stock-Based Compensation Plans (Stock Options Assumptions) (Details) - Stock Options - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	2.40%	5.00%	3.00%
Expected stock price volatility	70.00%	43.00%	41.50%
Risk-free interest rate	1.10%	1.50%	2.50%
Expected life	7 years	7 years	5 years
Weighted-average fair value per option granted (in dollars per share)	$ 4.53	$ 1.01	$ 1.98
Fair value of options granted	$ 3,342	$ 2,830	$ 1,722

Subsequent Event (Details) - USD ($) $ in Thousands	1 Months Ended
Subsequent Event (Details) - USD ($) $ in Thousands	Feb. 28, 2022	Dec. 31, 2021	Nov. 30, 2021
Subsequent Event [Line Items]
Payments to be received		$ 57,979
Shelton Facility
Subsequent Event [Line Items]
Term of operating leases			10 years
Subsequent Event
Subsequent Event [Line Items]
Gain on sale of property	$ 14,000
Subsequent Event \| Shelton Facility
Subsequent Event [Line Items]
Proceeds from sale of property	51,000
Payments to be received	$ 41,000
Term of operating leases	10 years

Quarterly Financial Data (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

12 Months Ended

Dec. 31, 2021

Sep. 30, 2021

Jun. 30, 2021

Mar. 31, 2021

Dec. 31, 2020

Sep. 30, 2020

Jun. 30, 2020

Mar. 31, 2020

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Selected Quarterly Financial Information [Abstract]

Revenue

$ 983,712

$ 875,449

$ 899,203

$ 915,197

$ 1,028,417

$ 891,898

$ 837,492

$ 796,268

$ 3,673,561

$ 3,554,075

$ 3,205,125

Cost of revenue

712,039

601,582

610,307

627,635

727,995

608,242

565,532

502,891

2,551,563

2,404,660

Operating expenses

270,202

266,897

263,105

329,209

282,973

272,380

255,477

521,954

1,129,413

1,332,784

(Loss) income from continuing operations before income taxes

1,471

6,970

25,791

(41,647)

17,449

11,276

16,483

(228,577)

(7,415)

(183,369)

26,732

(Benefit) provision for income taxes

(320)

(1,525)

4,915

(13,992)

(350)

541

16,957

(10,026)

(10,922)

7,122

(13,127)

(Loss) income from continuing operations

1,791

8,495

20,876

(27,655)

17,799

10,735

(474)

(218,551)

3,507

(190,491)

(Loss) income from discontinued operations, net of tax

(524)

572

(1,020)

(3,886)

2,467

616

(3,032)

10,064

(4,858)

10,115

154,460

Net (loss) income

$ 1,267

$ 9,067

$ 19,856

$ (31,541)

$ 20,266

$ 11,351

$ (3,506)

$ (208,487)

$ (1,351)

$ (180,376)

$ 194,319

Basic (loss) earnings per share:

Continuing operations (in dollars per share)

$ 0.01

$ 0.05

$ 0.12

$ (0.16)

$ 0.10

$ 0.06

$ 0

$ (1.28)

$ 0.02

^[1]

$ (1.11)

^[1]

$ 0.23

^[1]

Discontinued operations (in dollars per share)

(0.01)

(0.02)

0.01

(0.02)

0.06

(0.03)

^[1]

0.06

^[1]

0.88

^[1]

Net income (in dollars per share)

0.01

0.05

0.11

(0.18)

0.12

0.07

(0.02)

(1.22)

(0.01)

^[1]

(1.05)

^[1]

1.10

^[1]

Diluted (loss) earnings per share:

Continuing operations (in dollars per share)

0.01

0.05

0.12

(0.16)

0.10

0.06

(1.28)

0.02

^[1]

(1.11)

^[1]

0.22

^[1]

Discontinued operations (in dollars per share)

(0.01)

(0.02)

0.01

(0.02)

0.06

(0.03)

^[1]

0.06

^[1]

0.87

^[1]

Net income (in dollars per share)

$ 0.01

$ 0.05

$ 0.11

$ (0.18)

$ 0.11

$ 0.06

$ (0.02)

$ (1.22)

$ (0.01)

^[1]

$ (1.05)

^[1]

$ 1.10

^[1]

[1]	The sum of the earnings per share amounts may not equal the totals due to rounding.

Schedule II - Valuation and Qualifying Accounts and Reserves (Details) - Valuation allowance for deferred tax asset - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Movement in Valuation Allowances and Reserves
Balance at beginning of year	$ 116,543	$ 110,781	$ 142,496
Additions charged to expense	7,490	23,150	5,324
Deductions	(2,255)	(17,388)	(37,039)
Balance at end of year	$ 121,778	$ 116,543	$ 110,781