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Accrued Liabilities and Other Non-Current Liabilities (Notes)
12 Months Ended
Dec. 31, 2025
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 3120252024
Compensation and other employee-related benefits$178.3 $155.9 
Contract liabilities and other customer-related liabilities220.8 153.5 
Accrued income taxes and other tax-related liabilities46.4 38.5 
Operating lease liabilities24.4 22.6 
Accrued warranty costs23.5 16.7 
Environmental and other legal matters14.4 7.3 
Accrued restructuring costs3.7 2.9 
Other60.5 49.8 
Accrued and other current liabilities$572.0 $447.2 
Deferred income taxes and other tax-related liabilities$82.5 $64.8 
Operating lease liabilities60.0 73.7 
Environmental liabilities45.0 51.1 
Compensation and other employee-related benefits40.7 37.0 
Other51.1 34.1 
Other non-current liabilities$279.3 $260.7 
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.
20252024
Confirmed obligations outstanding at the beginning of the year$11.3 $19.7 
Invoices confirmed in the year
78.8 67.3 
Payments applied towards invoices
(78.9)(75.7)
Foreign currency translation
0.5 — 
Confirmed obligations outstanding at the end of the year
$11.7 $11.3