Supplemental Balance Sheet Information (Tables)

12 Months Ended

Dec. 31, 2023

Balance Sheet Related Disclosures [Abstract]

Accrued Expenses and Other Liabilities

Accrued expenses and other liabilities consist of the following:

	December 31, 2023		December 31, 2022
Accrued expenses
Accrued wages and bonuses	$	63.3	$	56.3
Accrued fringe benefits	118.0		110.7
Accrued payroll taxes	10.0		8.6
Accrued interest	34.1		31.6
Workers' compensation	9.4		7.6
Property and sales tax	26.0		23.4
Warranty/extraordinary rework reserve — current	1.0		1.5
Former executive officer liability(4)	47.5		47.0
Other(1)	110.8		125.0
Total	$	420.1	$	411.7
Other liabilities
Customer financing(2)	$	180.0	$	—
Warranty/extraordinary rework reserve - non-current	81.7		73.4
Other(3)	53.8		68.2
Total	$	315.5	$	141.6

(1)Balance as of December 31, 2023 includes $70.0 of general and production material accruals and $18.8 of B787 program liabilities. Balance as of December 31, 2022 includes $86.1 of general and production material accruals and $13.3 of B787 program liabilities.

(2)Balance as of December 31, 2023 is related to the customer financing of $180.0 from Boeing received in the twelve months ending December 31, 2023. Per the original terms of the agreement, $90.0 of the advance was to be repaid in the first quarter of 2024 and the other $90.0 of the advance was to be repaid in 2025. Per the terms of the 2023 MOA signed with Boeing on October 12, 2023, the repayment dates were amended to delay the payments such that $90.0 is payable in December 2025 and the remaining $90.0 is payable in equal $45.0 installments in December 2026 and 2027.

(3)Balance as of December 31, 2023 includes $8.0 of deferred grant in Morocco, $1.3 various tax credits, $11.8 of estimated workers compensation liability, $17.3 of provisions related to the suspension of activities in Russia, and $9.2 of deferred compensation. Balance as of December 31, 2022 includes $8.2 of deferred grant in Morocco, $8.3 various tax credits, $10.7 of estimated workers compensation liability, $8.5 earn-out provision, $17.8 of provisions related to the suspension of activities in Russia, and $8.0 of deferred compensation.

(4)On October 19, 2021, the U.S. District Court for the District of Kansas ruled in favor of the Company’s former Chief Executive Officer and awarded him $44.8 plus interest for benefits withheld in connection with a disputed violation of restrictive covenants in his retirement agreement. See Note 22, Commitments, Contingencies, Guarantees.