Other Current Assets & Other Current Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Other Current Assets and Other Current Liabilities [Abstract]

Schedule of other current assets

Other current assets consisted of the following:

(In millions)	June 30, 2020		December 31, 2019
Value-added tax receivables	$	407.4	$	395.2
Sundry receivables	162.7		69.6
Prepaid expenses	127.0		66.8
Other taxes receivables	79.0		100.7
Held-to-maturity investments	49.7		49.7
Current financial assets at amortized cost	39.0		42.0
Asset held for sale	1.9		25.8
Other	71.3		113.9
Total other current assets	$	938.0	$	863.7

Schedule of other current liabilities

Other current liabilities consisted of the following:

(In millions)	June 30, 2020		December 31, 2019
Warranty accruals and project contingencies (Note 10)	$	233.0	$	310.1
Value added tax and other taxes payable	196.4		240.4
Legal provisions	168.9		183.6
Social security liability	123.5		116.5
Provisions	98.8		86.6
Redeemable financial liability	71.8		129.1
Compensation accrual	38.8		89.6
Current portion of accrued pension and other post-retirement benefits	17.3		14.9
Liabilities held for sale	—		9.3
Other accrued liabilities	288.2		314.4
Total other current liabilities	$	1,236.7	$	1,494.5