Other Current Assets & Other Current Liabilities

3 Months Ended

Mar. 31, 2019

Other Current Assets and Other Current Liabilities [Abstract]

Other Current Assets & Other Current Liabilities

OTHER CURRENT ASSETS & OTHER CURRENT LIABILITIES

Other current assets consisted of the following:

(In millions)	March 31, 2019		December 31, 2018
Value-added tax receivables	$	379.6	$	305.8
Prepaid expenses	88.3		91.3
Other taxes receivables	82.5		85.0
Sundry receivables	76.4		87.0
Available-for-sale debt securities	19.7		—
Asset held for sale	13.8		9.6
Other	88.5		76.9
Total other current assets	$	748.8	$	655.6

Other current liabilities consisted of the following:

(In millions)	March 31, 2019		December 31, 2018
Legal provisions	$	421.3	$	418.2
Warranty accruals and project contingencies	363.9		418.2
Value added tax and other taxes payable	225.2		214.3
Redeemable financial liability	134.6		173.0
Social security liability	116.9		112.3
Provisions	89.8		135.5
Dividend payable	58.4		—
Compensation accrual	44.0		87.3
Liabilities held for sale	20.4		16.2
Current portion of accrued pension and other post-retirement benefits	13.7		14.0
Other accrued liabilities	220.2		182.6
Total other current liabilities	$	1,708.4	$	1,771.6