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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of cash, cash equivalents and restricted cash

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

    

December 31,

    

December 31,

 

    

2019

 

2018

 

2017

Cash and cash equivalents

 

$

223.5

 

$

215.1

 

$

388.0

Restricted cash included in other current assets

 

 

10.2

 

 

10.2

 

 

10.2

Total cash, cash equivalents, and restricted cash

 

$

233.7

 

$

225.3

 

$

398.2

 

Schedule of inventory

 

 

 

 

 

 

 

 

 

December 31,

    

December 31,

 

    

2019

 

2018

Inventories

 

  

 

 

  

 

Raw materials

 

$

180.2

 

$

201.0

Finished Products

 

 

162.6

 

 

201.4

Work in process

 

 

58.2

 

 

84.1

Total inventories

 

$

401.0

 

$

486.5

 

Schedule of property, plant and equipment

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

2019

 

2018

Property, plant and equipment, net

 

 

  

 

 

  

Machinery and equipment

 

$

280.7

 

$

254.8

Buildings

 

 

243.2

 

 

234.0

Land

 

 

46.7

 

 

51.7

Construction in progress

 

 

21.9

 

 

15.9

Property, plant and equipment, at cost

 

 

592.5

 

 

556.4

Less: Accumulated depreciation

 

 

(164.3)

 

 

(114.7)

Property, plant and equipment, net

 

$

428.2

 

$

441.7

 

Schedule of provision for product warranty

 

 

 

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

    

December 31,

 

 

2019

 

2018

 

2017

Beginning balance

 

$

44.9

 

$

40.0

 

$

37.4

Provision charge to expense

 

 

48.7

 

 

41.0

 

 

32.4

Paid/utilized

 

 

(50.3)

 

 

(36.1)

 

 

(29.8)

Ending balance

 

$

43.3

 

$

44.9

 

$

40.0