BASIS OF PRESENTATION (Tables)

3 Months Ended

Mar. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accounts Receivable, Allowance for Credit Loss

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

Balance as of December 31, 2023	$	8.3
Provision for credit losses	1.1
Other (1)	(0.3)
Balance as of March 31, 2024	$	9.1
(1) Includes utilization of established reserves, net of recoveries and the impact of foreign exchange rate changes.

Schedule of Product Warranty Liability

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

Balance as of December 31, 2023	$	47.8
Accruals for warranties issued during the period	9.7
Changes in estimates	2.6
Settlements during the period	(11.0)
Foreign exchange effect/other	(0.5)
Balance as of March 31, 2024	$	48.6