Other Current Assets & Other Current Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Other Current Assets and Other Current Liabilities [Abstract]

Schedule of other current assets

Other current assets consisted of the following:

(In millions)	September 30, 2019		December 31, 2018
Value-added tax receivables	$	389.5	$	305.8
Prepaid expenses	96.9		91.3
Other taxes receivables	87.4		85.0
Sundry receivables	81.5		87.0
Asset held for sale	17.6		9.6
Other	71.3		76.9
Total other current assets	$	744.2	$	655.6

Schedule of other current liabilities

Other current liabilities consisted of the following:

(In millions)	September 30, 2019		December 31, 2018
Warranty accruals and project contingencies	292.4		418.2
Value added tax and other taxes payable	219.8		214.3
Legal provisions	214.0		418.2
Redeemable financial liability	196.3		173.0
Provisions	103.5		135.5
Social security liability	101.1		112.3
Compensation accrual	71.7		87.3
Liabilities held for sale	21.0		16.2
Current portion of accrued pension and other post-retirement benefits	12.8		14.0
Other accrued liabilities	238.4		182.6
Total other current liabilities	$	1,471.0	$	1,771.6