Accrued and Other Current Liabilities (Tables)

9 Months Ended

Sep. 30, 2024

Payables and Accruals [Abstract]

Summary of Accrued Liabilities

(in millions)	September 30, 2024		December 31, 2023
Customer incentives	$	96.2	$	112.7
Compensation and benefits	87.7		77.2
Standard product warranties	28.6		24.9
Income and other accrued taxes	30.5		19.9
Other accrued liabilities	67.4		58.2
Accrued and other current liabilities	$	310.4	$	292.9

Summary of Change in Standard Product Warranty Liabilities

The change in standard product warranty liabilities for the nine months ended September 30, follows:

(in millions)	2024		2023
Balance as of January 1	$	24.9	$	25.2
Provision	15.2		10.3
Acquired warranty obligations	0.8		—
Claims	(12.4)		(12.0)
Foreign exchange	0.1		(0.1)
Balance as of September 30	$	28.6	$	23.4