Accrued and Other Current Liabilities

9 Months Ended

Sep. 30, 2023

Payables and Accruals [Abstract]

Accrued and Other Current Liabilities

Accrued and Other Current Liabilities

(in millions)	September 30, 2023		December 31, 2022
Compensation and benefits	$	66.0	$	83.3
Customer incentives	93.7		122.9
Standard product warranties	23.4		25.2
Income and other accrued taxes	20.7		8.1
Other accrued liabilities	50.2		50.8
Accrued and other current liabilities	$	254.0	$	290.3

Standard Product Warranties

The Company offers various standard warranty programs on its products, primarily for certain installed roofing systems. The Company’s liability for such warranty programs is included in accrued and other current liabilities. The change in standard product warranty liabilities for the nine months ended September 30, follows:

(in millions)	2023		2022
Balance as of January 1	$	25.2	$	26.0
Provision	10.3		7.5
Claims	(12.0)		(8.3)
Foreign exchange	(0.1)		(0.8)
Balance at September 30,	$	23.4	$	24.4