Accrued Expenses

12 Months Ended

Dec. 31, 2023

Accrued Liabilities, Current [Abstract]

Accrued Expenses

Accrued Expenses

Accrued Expenses as of December 31, 2023 and 2022 were as follows:

(in millions)	2023		2022
Compensation and benefit plans	$	159.4	$	180.9
Product warranties	157.6		146.7
Sales incentives and discounts	186.0		164.2
Deferred revenue and customer deposits	73.7		70.3
Current operating lease liabilities	28.3		27.8
Interest	28.6		30.6
Product Liability	22.2		8.2
Insurance reserves	8.7		5.7
Derivatives	8.7		9.9
Real property, personal property and other non-income taxes	7.2		6.2
Environmental reserves	6.2		6.3
Legal fees	4.0		14.6
Income taxes	3.0		10.1
Other	45.8		56.8
Total accrued expenses	$	739.4	$	738.3