Accrued Liabilities (Tables)

9 Months Ended

Sep. 30, 2022

Accrued liabilities as of September 30, 2022 and December 31, 2021 consisted of the following.


	September 30, 2022		December 31, 2021
Salaries, wages and related fringe benefits	$	207.0	$	232.1
Contract liabilities	299.7		242.1
Product warranty	42.8		42.5
Operating lease liabilities	38.5		34.9
Restructuring	17.7		12.3
Taxes	33.9		41.6
Other	151.7		135.8
Total accrued liabilities	$	791.3	$	741.3

Schedule of Product Warranty Liability

A reconciliation of the changes in the accrued product warranty liability for the three and nine month periods ended September 30, 2022 and 2021 are as follows.


	For the Three Month Period Ended September 30,				For the Nine Month Period Ended September 30,
	2022		2021		2022		2021
Balance at beginning of period	$	43.1	$	42.0	$	42.5	$	41.1
Product warranty accruals	4.9		4.3		14.3		14.1
Acquired warranty	—		1.9		—		2.0
Settlements	(3.5)		(3.2)		(10.8)		(12.1)
Foreign currency translation and other	(1.7)		(0.5)		(3.2)		(0.6)
Balance at end of period	$	42.8	$	44.5	$	42.8	$	44.5