Balance Sheet Components (Tables)

12 Months Ended

Dec. 31, 2023

Additional Financial Information Disclosure [Abstract]

Schedule of Balance Sheet Components

	December 31,
	2023		2022
RECEIVABLES - NET
Customers	$	419.0	$	431.3
Other	16.3		19.5
Total	435.3		450.8
Less allowance for credit losses	7.5		8.0
Total receivables - net	$	427.8	$	442.8
INVENTORIES - NET
Raw materials and components parts	$	268.1	$	301.2
Work in process	44.5		54.3
Finished goods	108.2		115.4
Total inventories - net	$	420.8	$	470.9
PROPERTY, PLANT AND EQUIPMENT - NET
Land and improvements	$	30.8	$	35.2
Buildings and improvements	234.7		214.2
Machinery, equipment and other	551.0		492.4
Office and transportation equipment	106.0		100.6
Construction in progress	53.5		56.4
Total	976.0		898.8
Less accumulated depreciation and amortization	545.7		516.7
Total property, plant and equipment - net	$	430.3	$	382.1
ACCRUED EXPENSES
Payroll and related items	$	97.1	$	102.7
Management incentive compensation	16.4		26.4
Income taxes payable	18.5		30.2
Insurance	11.4		11.2
Warranty	9.1		8.1
Deferred revenue	55.9		44.7
Lease liability	22.0		21.6
Restructuring	2.1		1.4
Accrued interest	4.5		5.5
Pension and retiree medical obligations	3.4		3.3
Other	31.1		34.0
Total accrued expenses	$	271.5	$	289.1
OTHER NONCURRENT LIABILITIES
Pension and retiree medical obligations	$	65.1	$	55.1
Transition tax payable	5.0		9.1
Deferred revenue	17.3		15.0
Lease liability	98.1		96.6
Other	21.2		20.0
Total other noncurrent liabilities	$	206.7	$	195.8

Schedule of Accounts Receivable, Allowance for Credit Loss

The valuation and qualifying account activity for the years ended December 31, 2023 and 2022 is as follows:

	2023		2022
ALLOWANCE FOR CREDIT LOSSES
Beginning balance January 1	$	8.0	$	7.2
Charged to costs and expenses, net of recoveries	0.6		2.2
Utilization	(1.2)		(1.2)
Other adjustments, including acquisitions and Foreign currency translation	0.1		(0.2)
Ending balance December 31	$	7.5	$	8.0