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OTHER FINANCIAL INFORMATION (Tables)
9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash, Cash Equivalents, and Restricted Cash
September 30, 2024December 31, 2023
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents$908.7 $780.4 
Restricted cash included in other current assets8.7 8.2 
Total cash, cash equivalents, and restricted cash$917.4 $788.6 
Schedule of Other Supplemental Balance Sheet Information
September 30, 2024December 31, 2023
Inventories
Finished products$406.5 $261.6 
Raw materials577.9 484.3 
Work in process270.8 138.4 
Total inventories$1,255.2 $884.3 
September 30, 2024December 31, 2023
Property, plant and equipment, net
Machinery and equipment$552.3 $479.7 
Buildings361.3 343.6 
Land41.6 41.3 
Construction in progress65.4 67.5 
Property, plant and equipment, at cost1,020.6 932.1 
Less: Accumulated depreciation(427.4)(372.0)
Property, plant and equipment, net$593.2 $560.1 
September 30, 2024December 31, 2023
Accrued expenses and other liabilities
Accrued payroll and other employee compensation$146.6 $165.4 
Restructuring (see Note 4)
12.2 25.2 
Operating lease liabilities41.2 42.9 
Product warranty27.3 26.1 
Other 396.4 352.2 
Total$623.7 $611.8 
Nine months ended September 30, 2024Nine months ended September 30, 2023
Change in product warranty accrual
Balance at the beginning of the period$26.1 $25.6 
Provision charge to expense18.8 15.1 
Paid/utilized(17.6)(16.7)
Balance at the end of the period$27.3 $24.0