Accrued Liabilities and Other Non-Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Accrued Liabilities and Other Non-Current Liabilities, Net

The following table summarizes our accrued liabilities and other non-current liabilities.


As of December 31	2023		2022
Compensation and other employee-related benefits	$	165.5	$	134.4
Contract liabilities and other customer-related liabilities	133.6		92.2
Accrued income taxes and other tax-related liabilities	30.7		27.1
Operating lease liabilities	19.5		19.0
Accrued warranty costs	14.0		14.3
Environmental and other legal matters	5.8		5.7
Accrued restructuring costs	4.8		3.9

Other	39.2		36.8
Accrued and other current liabilities	$	413.1	$	333.4
Operating lease liabilities	$	72.3	$	58.9
Environmental liabilities	52.0		53.1
Deferred income taxes and other tax-related liabilities	25.0		31.1
Compensation and other employee-related benefits	38.0		25.0
Non-current maturities of long-term debt	5.7		7.7
Other	24.0		24.4
Other non-current liabilities	$	217.0	$	200.2

Supply Chain Financing

The Company has supply chain financing ("SCF") programs in place under which participating suppliers may elect to obtain payment from an intermediary. The Company confirms the validity of invoices from participating suppliers and agrees to pay the intermediary an amount based on invoice totals. The majority of amounts payable under these programs are due within 90 to 180 days and are considered commercially reasonable. There are no assets pledged as security or other forms of guarantees provided for the committed payments. As of December 31, 2023 and 2022, there were $19.7 and $12.9, respectively, of outstanding amounts payable to suppliers who have elected to participate in these SCF programs. These amounts were recorded within Accounts payable in our Consolidated Balance Sheets.