XML 43 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Other Financial Information (Tables)
9 Months Ended
Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Cash, Cash Equivalents, and Restricted Cash

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Reconciliation of cash, cash equivalents, and restricted cash

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

$

324.3

 

 

 

 

$

223.5

 

 

Restricted cash included in other current assets

 

 

 

 

8.0

 

 

 

 

 

10.2

 

 

Total cash, cash equivalents, and restricted cash

 

 

 

$

332.3

 

 

 

 

$

233.7

 

 

 

 

Other Supplemental Balance Sheet Information

 

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Inventories

 

 

 

 

 

 

 

 

 

 

 

 

 

Finished products

 

 

 

$

208.0

 

 

 

 

$

180.2

 

 

Raw materials

 

 

 

 

160.9

 

 

 

 

 

162.6

 

 

Work in process

 

 

 

 

96.6

 

 

 

 

 

58.2

 

 

Total inventories

 

 

 

$

465.5

 

 

 

 

$

401.0

 

 

 

 

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Property, plant and equipment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

Machinery and equipment

 

 

 

$

300.5

 

 

 

 

$

280.7

 

 

Buildings

 

 

 

 

253.8

 

 

 

 

 

243.2

 

 

Land

 

 

 

 

47.1

 

 

 

 

 

46.7

 

 

Construction in progress

 

 

 

 

10.2

 

 

 

 

 

21.9

 

 

Property, plant and equipment, at cost

 

 

 

 

611.6

 

 

 

 

 

592.5

 

 

Less: Accumulated depreciation

 

 

 

 

(204.7)

 

 

 

 

 

(164.3)

 

 

Property, plant and equipment, net

 

 

 

$

406.9

 

 

 

 

$

428.2

 

 

 

 

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Accrued expenses and other liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred revenue

 

 

 

$

189.8

 

 

 

 

$

160.9

 

 

Accrued payroll and other employee compensation

 

 

 

 

128.9

 

 

 

 

 

145.4

 

 

Litigation reserve (see note 17)

 

 

 

 

96.6

 

 

 

 

 

92.9

 

 

Contract liabilities (see note 3)

 

 

 

 

48.3

 

 

 

 

 

39.8

 

 

Operating lease liabilities

 

 

 

 

38.2

 

 

 

 

 

35.0

 

 

Product warranty

 

 

 

 

33.1

 

 

 

 

 

43.2

 

 

Restructuring (see note 4)

 

 

 

 

77.3

 

 

 

 

 

22.2

 

 

Other

 

 

 

 

264.6

 

 

 

 

 

328.3

 

 

Total

 

 

 

$

876.8

 

 

 

 

$

867.7

 

 

 

 

 

 

2020

 

 

2019

 

Change in product warranty accrual

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning balance, December 31

 

 

 

$

43.2

 

 

 

 

$

44.9

 

 

Provision charge to expense

 

 

 

 

18.6

 

 

 

 

 

18.7

 

 

Paid/utilized

 

 

 

 

(28.7)

 

 

 

 

 

(25.3)

 

 

Ending balance, September 30

 

 

 

$

33.1

 

 

 

 

$

38.3