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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Line of Credit Facilities
Our available lines of credit, outstanding standby LOCs, and bonds were as follows:
In thousandsMarch 31, 2024December 31, 2023
Credit facility
Multicurrency revolving line of credit$500,000 $500,000 
Standby LOCs issued and outstanding(52,415)(59,059)
Net available for additional borrowings under the multicurrency revolving line of credit$447,585 $440,941 
Net available for additional standby LOCs under sub-facility$247,585 $240,941 
Unsecured multicurrency revolving lines of credit with various financial institutions
Multicurrency revolving lines of credit$90,206 $84,318 
Standby LOCs issued and outstanding(21,992)(21,853)
Short-term borrowings— — 
Net available for additional borrowings and LOCs$68,214 $62,465 
Unsecured surety bonds in force$271,184 $271,164 
Schedule of Warranty Accruals
A summary of the warranty accrual account activity is as follows:
Three Months Ended March 31,
In thousands20242023
Beginning balance$22,164 $25,698 
New product warranties1,698 1,630 
Other adjustments and expirations, net1,480 (689)
Claims activity(1,690)(1,987)
Effect of change in exchange rates(77)179 
Ending balance23,575 24,831 
Less: current portion of warranty15,812 17,829 
Long-term warranty$7,763 $7,002 
Warranty Expense Warranty expense was as follows:
Three Months Ended March 31,
In thousands20242023
Total warranty expense$3,178 $941