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ACCRUED AND OTHER CURRENT LIABILITIES AND OTHER NON-CURRENT LIABILITIES
9 Months Ended
Oct. 03, 2026
Payables and Accruals [Abstract]  
ACCRUED AND OTHER CURRENT 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 the Period EndedOctober 3,
2026
December 31, 2025
Contract liabilities and other customer-related liabilities$335.9 $220.8 
Compensation and other employee-related benefits256.7 178.3 
Accrued income taxes and other tax-related liabilities63.4 46.4 
Accrued warranty costs36.8 23.5 
Operating lease liabilities33.2 24.4 
Accrued restructuring costs15.9 3.7 
Environmental liabilities and other legal matters13.6 14.4 
Other81.3 60.5 
Accrued and other current liabilities$836.8 $572.0 
Operating lease liabilities$94.4 $60.0 
Environmental liabilities49.6 45.0 
Other non-current tax-related liabilities49.0 13.4 
Compensation and other employee-related benefits46.4 40.7 
Other58.9 51.1 
Other non-current liabilities$298.3 $210.2 
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.
The following table displays a rollforward of our supply chain financing obligations which are included within Accounts payable in our Consolidated Condensed Balance Sheets.
October 3,
2026
September 27,
2025
Confirmed obligations outstanding at the beginning of the year $11.7 $11.3 
Invoices confirmed in the year58.7 51.6 
Payments applied towards invoices(60.1)(47.7)
Foreign currency translation
0.4 0.2 
Confirmed obligations outstanding at the end of period
$10.7 $15.4