OTHER CURRENT ASSETS & OTHER CURRENT LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2023

Other Current Assets and Other Current Liabilities [Abstract]

Schedule of Other Current Assets

Other current assets consisted of the following:

(In millions)	June 30, 2023		December 31, 2022
Value-added tax receivables	$	211.2	$	185.6
Withholding tax and other receivables	145.0		137.8
Prepaid expenses	94.6		61.9
Current financial assets at amortized cost	94.0		12.4
Held-to-maturity investments	6.3		15.1
Assets held for sale	4.2		18.6
Other	26.5		23.6
Total other current assets	$	581.8	$	455.0

Schedule of Other Current Liabilities

Other current liabilities consisted of the following:

(In millions)	June 30, 2023		December 31, 2022
Legal settlement liability(a)	$	195.0	$	—
Warranty accruals and project contingencies	69.7		87.6
Value-added tax and other taxes payable	67.1		65.3
Social security liability	64.7		70.9
Legal provisions	55.9		116.7
Compensation accrual	34.9		70.8
Provisions	7.5		9.1
Current portion of accrued pension and other post-retirement benefits	4.6		2.5
Other accrued liabilities	105.5		138.0
Total other current liabilities	$	604.9	$	560.9

(a) See Note 13 for additional details.