Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2024

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information

In millions	June 30, 2024		December 31, 2023
Inventories
Raw materials and supplies	$	341.1	$	369.1
Work-in-process	94.5		97.1
Finished goods	211.9		211.5
Total inventories	$	647.5	$	677.7
Other current assets
Cost in excess of billings	$	61.9	$	70.8
Prepaid expenses	65.6		55.2
Other current assets	6.4		33.3
Total other current assets	$	133.9	$	159.3
Property, plant and equipment, net
Land and land improvements	$	31.8	$	32.3
Buildings and leasehold improvements	227.7		225.5
Machinery and equipment	683.7		669.9
Capitalized software	90.7		70.5
Construction in progress	38.2		55.8
Total property, plant and equipment	1,072.1		1,054.0
Accumulated depreciation and amortization	710.7		692.0
Total property, plant and equipment, net	$	361.4	$	362.0
Other non-current assets
Right-of-use lease assets	$	124.8	$	102.0
Deferred income taxes	126.7		113.2
Deferred compensation plan assets	28.3		26.1
Other non-current assets	80.3		74.0
Total other non-current assets	$	360.1	$	315.3
Other current liabilities
Dividends payable	$	38.1	$	38.0
Accrued warranty	74.2		65.0
Accrued rebates and incentives	197.2		181.8
Accrued freight	22.4		20.4
Billings in excess of cost	28.2		46.9
Current lease liability	25.5		26.2
Income taxes payable	25.8		20.7
Accrued restructuring	11.4		13.4
Interest payable	28.2		29.7
Other current liabilities	97.1		103.2
Total other current liabilities	$	548.1	$	545.3
Other non-current liabilities
Long-term lease liability	$	104.0	$	79.1
Income taxes payable	36.2		35.6
Self-insurance liabilities	52.7		51.9
Deferred compensation plan liabilities	28.3		26.1
Foreign currency contract liabilities	48.4		70.0
Other non-current liabilities	32.0		32.0
Total other non-current liabilities	$	301.6	$	294.7