Accrued and Other Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Payables and Accruals [Abstract]

Summary of Components of Accrued Expenses

(in millions)	December 31, 2023		December 31, 2022
Customer incentives	$	112.7	$	122.9
Compensation and benefits	77.2		83.3
Standard product warranties	24.9		25.2
Income and other accrued taxes	19.9		8.1
Other accrued liabilities	58.2		50.8
Accrued and other current liabilities	$	292.9	$	290.3

Summary of Change in Standard Product Warranty Liabilities

The change in the Company’s standard product warranty liabilities follows:

(in millions)	2023		2022
Balance as of January 1	$	25.2	$	26.0
Provision	15.0		10.3
Claims	(15.4)		(10.8)
Foreign exchange	0.1		(0.3)
Balance as of December 31	$	24.9	$	25.2