OTHER CURRENT ASSETS & OTHER CURRENT LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

Other Current Assets and Other Current Liabilities [Abstract]

Schedule of Other Current Assets

Other current assets consisted of the following:

(In millions)	March 31, 2024		December 31, 2023
Value-added tax receivables	$	184.8	$	196.0
Prepaid expenses	115.7		83.5
Withholding tax and other receivables	88.9		96.8
Current financial assets at amortized cost	11.7		9.1
Held-to-maturity investments	—		1.3
Other	30.6		27.3
Total other current assets	$	431.7	$	414.0

Schedule of Other Current Liabilities

Other current liabilities consisted of the following:

(In millions)	March 31, 2024		December 31, 2023
Legal settlement liability(a)	$	111.5	$	171.1
Social security liability	109.5		81.9
Value-added tax and other taxes payable	63.2		78.5
Warranty accruals and project contingencies	57.7		60.9
Legal provisions	54.4		57.7
Compensation accrual	33.8		136.2
Provisions	9.9		16.2
Current portion of accrued pension and other post-retirement benefits	4.6		4.4
Other accrued liabilities	145.2		141.1
Total other current liabilities	$	589.8	$	748.0

(a)    See Note 15 for additional details.