Accrued and Other Liabilities


	June 30, 2026		December 31, 2025
Deferred revenue	$	37.8	$	18.5
Compensation and employee benefit liabilities		34.4		102.9
Special distribution payable		33.6		—
Product warranty accrual		6.3		6.1
Operating lease liabilities		8.8		7.6
Accrued interest		0.1		78.1
Other		101.2		93.5
Total accrued and other liabilities	$	222.2	$	306.7

The following table presents changes in AOCI (AOCL), net of tax:


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2026			2025			2026			2025
Foreign currency translation
Balance at beginning of period	$	0.6		$	(172.5	)	$	(81.6	)	$	(308.8	)
Other comprehensive income (loss)		(0.6	)		89.5			(7.1	)		127.9
Amounts reclassified from AOCI (AOCL)		—			3.1			88.7			101.0
Balance at end of period	$	—		$	(79.9	)	$	—		$	(79.9	)

Defined benefit plan activity
Balance at beginning of period	$	0.5		$	(15.5	)	$	(18.7	)	$	(15.5	)
Other comprehensive income		0.3			0.2			0.4			0.2
Amounts reclassified from AOCI (AOCL)		—			—			19.1			—
Balance at end of period	$	0.8		$	(15.3	)	$	0.8		$	(15.3	)

Hedging instruments
Balance at beginning of period	$	—		$	(21.6	)	$	(18.4	)	$	(20.2	)
Other comprehensive income (loss)		—			0.3			—			(1.1	)
Amounts reclassified from AOCL		—			—			18.4			—
Balance at end of period	$	—		$	(21.3	)	$	—		$	(21.3	)
Net AOCI (AOCL) at end of period	$	0.8		$	(116.5	)	$	0.8		$	(116.5	)

For the