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Accrued and Other Current Liabilities
6 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
Accrued and Other Current Liabilities Accrued and Other Current Liabilities
(in millions)June 30,
2024
December 31,
2023
Compensation and benefits$77.2 $77.2 
Customer incentives75.6 112.7 
Standard product warranties25.9 24.9 
Income and other accrued taxes53.9 19.9 
Other accrued liabilities63.7 58.2 
Accrued and other current liabilities$296.3 $292.9 
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 six months ended June 30, follows:
(in millions)
20242023
Balance as of January 1$24.9 $25.2 
Provision10.3 6.7 
Acquired warranty obligations0.8 — 
Claims(10.0)(7.1)
Foreign exchange(0.1)0.1 
Balance at June 30,$25.9 $24.9