Accrued Expenses and Other Current Liabilities (Tables)

9 Months Ended

Sep. 30, 2023

Payables and Accruals [Abstract]

Schedule of Components of Accrued Expenses and Other Current Liabilities

The components of accrued expenses and other current liabilities were as follows:

(in millions)	September 30, 2023		December 31, 2022
Accrued rebates	$	127.4	$	69.6
Employee compensation and related costs	98.7		95.9
Professional and consulting services	38.8		27.5
Warranty liability - current portion	7.0		57.3
Other	47.3		50.7
Accrued expenses and other current liabilities	$	319.2	$	301.0

Schedule of Reconciliation of Changes in Product Warranty Liability

Reconciliations of the changes in the Company’s product warranty liability were as follows: 

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2023		2022		2023		2022
Product warranty liability at beginning of period	$	21.3	$	11.6	$	62.1	$	6.8
Warranty expense	5.1		40.2		13.9		51.3
Change in estimate	(1.9)		(3.1)		(10.7)		(3.1)
Warranty fulfillment	(12.6)		(3.9)		(53.4)		(10.2)
Product warranty liability at the end of period	$	11.9	$	44.8	$	11.9	$	44.8