Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are summarized below (in millions):

	Input Level	September 30, 2023		December 31, 2022
Assets
Non-qualified deferred compensation assets	Level 1	$	43.6	$	39.8
Foreign exchange contracts, net	Level 2	$	9.3	$	8.4
Interest rate contracts, net	Level 2	$	7.9	$	5.9
Commodity contracts, net	Level 2	$	0.8	$	—
Liabilities
Non-qualified deferred compensation liabilities	Level 1	$	(43.6)	$	(39.8)

Schedule of activity in the warranty reserve

The activity in the warranty reserve during the periods presented was as follows (in millions):

	Three months ended September 30,				Nine months ended September 30,
	2023		2022		2023		2022
Balance at beginning of period	$	154.6	$	128.7	$	172.9	$	132.9
Additions charged to expense	49.3		60.5		141.7		121.2
Warranty claims paid, net	(40.9)		(32.1)		(151.6)		(97.0)
Balance at end of period	$	163.0	$	157.1	$	163.0	$	157.1