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OTHER FINANCIAL INFORMATION (Tables)
3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash, Cash Equivalents, and Restricted Cash
March 31, 2024December 31, 2023
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents$275.8 $780.4 
Restricted cash included in other current assets4.7 8.2 
Total cash, cash equivalents, and restricted cash$280.5 $788.6 
Schedule of Other Supplemental Balance Sheet Information
March 31, 2024December 31, 2023
Inventories
Finished products$358.0 $261.6 
Raw materials460.1 484.3 
Work in process169.0 138.4 
Total inventories$987.1 $884.3 
March 31, 2024December 31, 2023
Property, plant and equipment, net
Machinery and equipment$492.4 $479.7 
Buildings345.1 343.6 
Land41.0 41.3 
Construction in progress73.1 67.5 
Property, plant and equipment, at cost951.6 932.1 
Less: Accumulated depreciation(386.3)(372.0)
Property, plant and equipment, net$565.3 $560.1 
March 31, 2024December 31, 2023
Accrued expenses and other liabilities
Accrued payroll and other employee compensation$98.6 $165.4 
Restructuring (see Note 4)
21.0 25.2 
Operating lease liabilities44.6 42.9 
Product warranty23.8 26.1 
Other 353.8 352.2 
Total$541.8 $611.8 
Three months ended March 31, 2024Three months ended March 31, 2023
Change in product warranty accrual
Balance at the beginning of the period$26.1 $25.6 
Provision charge to expense3.4 4.7 
Paid/utilized(5.7)(5.7)
Balance at the end of the period$23.8 $24.6