Company: GHC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000104889-25-000022
Chunk: 90

Company: Graham Holdings Co
Filing Date: 2025-02-26
Form: 10-K
Item: Item 16
Chunk 90
---
 income tax loss carryforwards16,438 23,850 Non-U.S. capital loss carryforwards5,990 3,069 Leases61,497 57,564 Other41,138 10,705 Deferred Tax Assets301,733 275,247 Valuation allowances(74,793)(66,298)Deferred Tax Assets, Net226,940 208,949 Prepaid pension cost642,589 540,937 Unrealized gain on marketable equity securities157,717 116,396 Goodwill and other intangible assets60,652 69,358 Property, plant and equipment12,476 21,612 Leases53,380 48,230 Non-U.S. withholding tax2,800 1,962 Other27,678 — Deferred Tax Liabilities957,292 798,495 Deferred Income Tax Liabilities, Net$730,352 $589,546 The Company has $1,163.4 million of state income tax net operating loss carryforwards available to offset future state taxable income as of December 31, 2024. State income tax loss carryforwards, if unutilized, will start to expire approximately as follows:(in millions) 2025$18.1 202613.4 202716.4 202823.9 202931.0 2030 and after1,060.6 Total$1,163.4 The Company has recorded $67.7 million in deferred state income tax assets, net of U.S. Federal income tax, with respect to these state income tax loss carryforwards as of December 31, 2024. The Company has established $49.9 million in valuation allowances against these deferred state income tax assets, since the Company has determined that it is more likely than not that some of these state income tax losses may not be fully utilized in the future to reduce state taxable income. The Company has $250.3 million of U.S. Federal income tax loss carryforwards obtained as a result of prior stock acquisitions as of December 31, 2024. U.S. Federal income tax loss carryforwards are expected to be fully utilized as follows:(in millions) 2025$25.2 202614.0 20276.4 20286.3 20296.3 2030 and after192.1 Total$250.3