Product Warranty (Tables)

12 Months Ended

Dec. 31, 2024

Guarantees and Product Warranties [Abstract]

Schedule of Product Warranty Reserves

The warranty reserve activity for the years ended December 31, 2024, 2023 and 2022, including deferred revenue associated with the Company's extended warranties that have been sold, was as follows (in millions):

	2024		2023		2022
Balance at beginning of the year	$	800.8	$	640.0	$	592.5
Acquisitions	4.1		—		—
Accruals for warranties issued	396.3		464.9		338.8
Settlements made and deferred revenue recognized	(401.0)		(328.7)		(261.7)
Divestiture	(6.2)		—		—
Foreign currency translation	(51.0)		24.6		(29.6)
Balance at the end of the year	$	743.0	$	800.8	$	640.0