Accrued Liabilities and Other Non-Current Liabilities (Notes)

12 Months Ended

Dec. 31, 2024

Payables and Accruals [Abstract]

Accrued Liabilities and Other Non-Current Liabilities

ACCOUNTS PAYABLE, ACCRUED LIABILITIES AND OTHER NON-CURRENT LIABILITIES

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

As of December 31	2024		2023
Compensation and other employee-related benefits	$	155.9	$	165.5
Contract liabilities and other customer-related liabilities	153.5		133.6
Accrued income taxes and other tax-related liabilities	38.5		30.7
Operating lease liabilities	22.6		19.5
Accrued warranty costs	16.7		14.0
Environmental and other legal matters	7.3		5.8
Accrued restructuring costs	2.9		4.8
Other	49.8		39.2
Accrued and other current liabilities	$	447.2	$	413.1
Operating lease liabilities	$	73.7	$	72.3
Environmental liabilities	51.1		52.0
Deferred income taxes and other tax-related liabilities	60.4		25.0
Compensation and other employee-related benefits	37.0		38.0
Other	34.1		24.0
Other non-current liabilities	$	256.3	$	211.3

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.

The following table displays a rollforward of our supply chain financing obligations which is included within Accounts payable in our Consolidated Balance Sheets.

	2024
Confirmed obligations outstanding at the beginning of the year	$	19.7
Invoices confirmed in the year	67.3
Payments applied towards invoices	(75.7)
Confirmed obligations outstanding at the end of the year	$	11.3