Supplemental Balance Sheet Information

9 Months Ended

Sep. 30, 2020

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	September 30, 2020		December 31, 2019
Inventories
Raw materials and supplies	$	213.0	$	196.2
Work-in-process	65.7		65.2
Finished goods	123.0		116.0
Total inventories	$	401.7	$	377.4
Other current assets
Cost in excess of billings	$	55.6	$	41.0
Prepaid expenses	51.0		48.3
Prepaid income taxes	7.3		5.2
Other current assets	3.2		4.6
Total other current assets	$	117.1	$	99.1
Property, plant and equipment, net
Land and land improvements	$	34.7	$	33.7
Buildings and leasehold improvements	190.7		188.1
Machinery and equipment	566.2		537.2
Capitalized software	74.5		73.5
Construction in progress	54.2		48.1
Total property, plant and equipment	920.3		880.6
Accumulated depreciation and amortization	629.2		597.4
Total property, plant and equipment, net	$	291.1	$	283.2
Other non-current assets
Right-of-use lease assets	$	78.0	$	77.2
Deferred income taxes	29.6		29.6
Deferred compensation plan assets	19.8		21.3
Other non-current assets	68.6		68.8
Total other non-current assets	$	196.0	$	196.9
Other current liabilities
Dividends payable	$	31.7	$	32.0
Accrued warranty	36.2		32.1
Accrued rebates and incentives	148.7		83.5
Billings in excess of cost	21.7		22.5
Current lease liability	20.2		19.0
Income taxes payable	22.8		11.1
Accrued restructuring	12.4		16.2
Other current liabilities	141.6		136.5
Total other current liabilities	$	435.3	$	352.9
Other non-current liabilities
Long-term lease liability	$	62.4	$	61.1
Income taxes payable	45.6		45.4
Self-insurance liabilities	39.8		41.6
Deferred compensation plan liabilities	19.8		21.3
Foreign currency contract liabilities	27.8		11.6
Other non-current liabilities	27.7		25.7
Total other non-current liabilities	$	223.1	$	206.7