Supplemental Balance Sheet Information

9 Months Ended

Sep. 30, 2023

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	September 30, 2023		December 31, 2022
Inventories
Raw materials and supplies	$	378.6	$	404.1
Work-in-process	97.8		95.6
Finished goods	236.2		290.3
Total inventories	$	712.6	$	790.0
Other current assets
Cost in excess of billings	$	65.6	$	48.4
Prepaid expenses	71.1		74.8
Other current assets	6.1		4.9
Total other current assets	$	142.8	$	128.1
Property, plant and equipment, net
Land and land improvements	$	31.5	$	32.3
Buildings and leasehold improvements	221.5		200.7
Machinery and equipment	646.1		639.2
Capitalized software	70.9		68.8
Construction in progress	58.2		60.6
Total property, plant and equipment	1,028.2		1,001.6
Accumulated depreciation and amortization	677.7		657.1
Total property, plant and equipment, net	$	350.5	$	344.5
Other non-current assets
Right-of-use lease assets	$	96.0	$	78.6
Deferred income taxes	65.2		26.0
Deferred compensation plan assets	23.5		21.7
Other non-current assets	82.2		71.0
Total other non-current assets	$	266.9	$	197.3
Other current liabilities
Dividends payable	$	36.4	$	36.2
Accrued warranty	67.3		63.1
Accrued rebates and incentives	200.6		200.1
Accrued freight	30.1		39.4
Billings in excess of cost	52.7		43.8
Current lease liability	26.2		29.3
Income taxes payable	41.6		21.8
Accrued restructuring	13.6		23.2
Interest payable	18.8		32.9
Other current liabilities	111.0		112.3
Total other current liabilities	$	598.3	$	602.1
Other non-current liabilities
Long-term lease liability	$	72.0	$	52.4
Income taxes payable	34.5		35.1
Self-insurance liabilities	52.8		52.1
Deferred compensation plan liabilities	23.5		21.7
Foreign currency contract liabilities	50.0		52.2
Other non-current liabilities	32.0		31.4
Total other non-current liabilities	$	264.8	$	244.9