Other Current Assets & Other Current Liabilities (Tables)

9 Months Ended

Sep. 30, 2020

Other Current Assets and Other Current Liabilities [Abstract]

Schedule of other current assets

Other current assets consisted of the following:

(In millions)	September 30, 2020		December 31, 2019
Value-added tax receivables	$	437.7	$	395.2
Sundry receivables	160.8		69.6
Prepaid expenses	130.5		66.8
Other taxes receivables	73.4		100.7
Held-to-maturity investments	71.9		49.7
Asset held for sale	56.8		25.8
Current financial assets at amortized cost	39.2		42.0
Other	67.6		113.9
Total other current assets	$	1,037.9	$	863.7

Schedule of other current liabilities

Other current liabilities consisted of the following:

(In millions)	September 30, 2020		December 31, 2019
Warranty accruals and project contingencies (Note 10)	$	250.5	$	310.1
Value added tax and other taxes payable	216.9		240.4
Legal provisions	176.7		183.6
Redeemable financial liability	165.9		129.1
Social security liability	112.9		116.5
Provisions	90.5		86.6
Compensation accrual	38.2		89.6
Current portion of accrued pension and other post-retirement benefits	16.1		14.9
Liabilities held for sale	—		9.3
Other accrued liabilities	259.0		314.4
Total other current liabilities	$	1,326.7	$	1,494.5