BASIS OF PRESENTATION (Tables)

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Consolidated allowance for credit loss

The following table summarizes changes in the consolidated allowance for doubtful accounts (in millions):

Balance as of December 31, 2021	$	9.7
Provision for credit losses	1.1
Other (1)	(1.4)
Balance as of December 31, 2022	$	9.4
Provision for credit losses	(0.1)
Other (1)	(1.0)
Balance as of December 31, 2023	$	8.3

(1) Includes utilization of established reserves, net of recoveries and the impact of foreign exchange rate changes.

Consolidated current and non-current product warranty liability

The following table summarizes changes in the consolidated product warranty liability (in millions):

Balance as of December 31, 2021	$	44.1
Accruals for warranties issued during the period	39.7
Changes in estimates	(3.4)
Settlements during the period	(35.1)
Foreign exchange effect/other	(1.4)
Balance as of December 31, 2022	$	43.9
Accruals for warranties issued during the period	40.1
Changes in estimates	7.0
Settlements during the period	(43.8)
Foreign exchange effect/other	0.6
Balance as of December 31, 2023	$	47.8