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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Schedule of Inventory Inventories are stated at the lower of cost or net realizable value, determined by the first-in, first-out method, and consist of the following:
March 31,December 31,
(in millions)20232022
Finished goods$371.8 $352.9 
Work-in-process20.1 19.4 
Raw materials and supplies174.8 182.7 
 $566.7 $555.0 
Summary of Warranty Activity
The Company had the following activity for its accrued warranty expense from December 31, 2022 to March 31, 2023:
(in millions)
Balance as of December 31, 2022$41.6 
Amounts accrued5.9 
Warranties charged to accrual(4.6)
Balance as of March 31, 2023$42.9 
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The Company had the following activity for its allowance for credit losses from December 31, 2022 to March 31, 2023:
(in millions)
Balance as of December 31, 2022
$62.4 
Amounts accrued1.7 
Write-offs charged against the allowance(0.5)
Balance as of March 31, 2023
$63.6 
Schedule of Long Term Debt The fair values of these material financial instruments are as follows:
Fair Value
(in millions)March 31, 2023December 31, 2022
2029 Senior Notes$707.3 $672.7 
2031 Senior Notes$671.3 $627.1