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OTHER FINANCIAL INFORMATION
 6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
OTHER FINANCIAL INFORMATION
(8) OTHER FINANCIAL INFORMATION
June 30, 2024December 31, 2023
Reconciliation of cash, cash equivalents, and restricted cash
Cash and cash equivalents$579.7 $780.4 
Restricted cash included in other current assets8.0 8.2 
Total cash, cash equivalents, and restricted cash$587.7 $788.6 
June 30, 2024December 31, 2023
Inventories
Finished products$391.2 $261.6 
Raw materials512.3 484.3 
Work in process200.2 138.4 
Total inventories$1,103.7 $884.3 
June 30, 2024December 31, 2023
Property, plant and equipment, net
Machinery and equipment$509.4 $479.7 
Buildings351.3 343.6 
Land40.9 41.3 
Construction in progress72.4 67.5 
Property, plant and equipment, at cost974.0 932.1 
Less: Accumulated depreciation(402.9)(372.0)
Property, plant and equipment, net$571.1 $560.1 
June 30, 2024December 31, 2023
Accrued expenses and other liabilities
Accrued payroll and other employee compensation$134.6 $165.4 
Restructuring (see Note 4)
15.9 25.2 
Operating lease liabilities43.4 42.9 
Product warranty25.5 26.1 
Other 381.2 352.2 
Total$600.6 $611.8 
Six months ended June 30, 2024Six months ended June 30, 2023
Change in product warranty accrual
Balance at the beginning of the period$26.1 $25.6 
Provision charge to expense10.8 11.1 
Paid/utilized(11.4)(12.8)
Balance at the end of the period$25.5 $23.9