XML 38 R23.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Basis of Presentation and Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2024
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 LevelMarch 31, 2024December 31, 2023
Assets
Non-qualified deferred compensation assetsLevel 1$48.1 $46.7 
Foreign exchange contracts, netLevel 2$6.3 $4.6 
Interest rate contracts, netLevel 2$4.7 $0.9 
Liabilities
Non-qualified deferred compensation liabilitiesLevel 1$(48.1)$(46.7)
Commodity contracts, netLevel 2$(1.7)$(1.3)
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 March 31,
20242023
Balance at beginning of period $181.1 $172.9 
Additions charged to expense 40.8 44.5 
Warranty claims paid, net (53.5)(63.4)
Balance at end of period $168.4 $154.0