Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Schedule of Inventory

Inventories are stated at the lower of cost and net realizable value, determined by the first-in, first-out method, and consist of the following:

	September 30,		December 31,
(in millions)	2021		2020
Finished goods	$	211.2	$	170.2
Work-in-process	11.0		12.6
Raw materials and supplies	162.7		129.3
	$	384.9	$	312.1

Changes in Accrued Sales Returns

The Company had the following activity for sales returns from December 31, 2020 to September 30, 2021:

(in millions)
Balance as of December 31, 2020	$	44.9
Amounts accrued	105.2
Returns charged to accrual	(101.8)
Balance as of September 30, 2021	$	48.3

Summary of Warranty Activity

The Company had the following activity for its accrued warranty expense from December 31, 2020 to September 30, 2021:

(in millions)
Balance as of December 31, 2020	$	44.2
Amounts accrued	19.4
Warranties charged to accrual	(16.5)
Balance as of September 30, 2021	$	47.1

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The Company had the following activity for its allowance for credit losses from December 31, 2020 to September 30, 2021:

(in millions)
Balance as of December 31, 2020	$	71.6
Amounts accrued	2.4
Write-offs charged against the allowance	(4.5)
Balance as of September 30, 2021	$	69.5