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OTHER FINANCIAL INFORMATION (Tables)
6 Months Ended
Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Cash, Cash Equivalents, and Restricted Cash
June 30, 2022December 31, 2021
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents$194.4 $439.1 
Restricted cash included in other current assets10.9 8.0 
Total cash, cash equivalents, and restricted cash$205.3 $447.1 
Other Supplemental Balance Sheet Information
June 30, 2022December 31, 2021
Inventories
Finished products$276.3 $236.5 
Raw materials354.5 274.8 
Work in process163.8 105.0 
Total inventories$794.6 $616.3 
June 30, 2022December 31, 2021
Property, plant and equipment, net
Machinery and equipment$381.9 $373.6 
Buildings295.7 304.8 
Land43.2 42.1 
Construction in progress43.8 34.8 
Property, plant and equipment, at cost764.6 755.3 
Less: Accumulated depreciation(290.8)(266.0)
Property, plant and equipment, net$473.8 $489.3 
June 30, 2022December 31, 2021
Accrued expenses and other liabilities
Deferred revenue$281.4 $238.9 
Accrued payroll and other employee compensation107.0 125.8 
Restructuring (see Note 5)
20.6 34.0 
Operating lease liabilities (see Note 7)41.7 42.1 
Product warranty26.3 30.0 
Contract liabilities (see Note 4)
49.2 52.1 
Tax Receivable Agreement (see Note 9)
87.5 100.0 
Other 303.0 330.5 
Total$916.7 $953.4 
Six months ended June 30, 2022Six months ended June 30, 2021
Change in product warranty accrual
Balance at the beginning of the period$30.0 $36.5 
Provision charge to expense5.8 11.3 
Paid/utilized(9.5)(11.9)
Balance at the end of the period$26.3 $35.9