Other Current Assets & Other Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Other Current Assets & Other Current Liabilities [Abstract]

Schedule of Other Current Assets

Other current assets consisted of the following:

	December 31,
(In millions)	2020		2019
Value - added tax receivables	$	450.5	$	395.2
Sundry receivables	179.3		69.6
Prepaid expenses	111.7		66.8
Other taxes receivables	90.1		100.7
Assets held for sale	47.3		25.8
Current financial assets at amortized cost	40.6		42.0
Held-to-maturity investments	24.2		49.7
Other	48.9		113.9
Total other current assets	$	992.6	$	863.7

Other Current Liabilities

Other current liabilities consisted of the following:

	December 31,
(In millions)	2020		2019
Warranty accruals and project contingencies	285.9		310.1
Value - added tax and other taxes payable	$	221.3	$	240.4
Legal provisions	188.5		183.6
Redeemable financial liability	141.9		129.1
Social security liability	108.9		116.5
Provisions	75.5		86.6
Compensation accrual	54.3		89.6
Current portion of accrued pension and other post-retirement benefits	13.9		14.9
Liabilities classified as held for sale	—		9.3
Other accrued liabilities	278.4		314.4
Total other current liabilities	$	1,368.6	$	1,494.5