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Other Accrued Expenses and Other Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2023
Accrued Liabilities and Other Liabilities [Abstract] |
Schedule of Major Components of Other Accrued Expenses | The following table details the major components of other accrued expenses:
| December 31, 2023 |  | December 31, 2022
Operating lease liabilities | $ | 48,790 |  |  | $ | 42,649 |
Accrued rebates and volume discounts | 43,941 |  |  | 47,660 |
Warranty | 43,747 |  |  | 43,351 |
Taxes other than income | 31,439 |  |  | 33,782 |
Restructuring and exit costs | 21,759 |  |  | 14,510 |
Accrued interest | 20,723 |  |  | 20,591 |
Accrued commissions (non-employee) | 15,370 |  |  | 15,808 |
Other | 89,758 |  |  | 99,986 |
Total other accrued expenses | $ | 315,527 |  |  | $ | 318,337 |
Schedule of Major Components of Other Liabilities | The following table details the major components of other liabilities (non-current):
| December 31, 2023 |  | December 31, 2022
Operating lease liabilities | $ | 172,983 |  |  | $ | 165,741 |
Defined benefit and other post-retirement benefit plans | 86,066 |  |  | 92,630 |
Deferred compensation | 79,268 |  |  | 82,479 |
Unrecognized tax benefits | 27,307 |  |  | 34,361 |
Legal and environmental | 26,991 |  |  | 30,139 |
Deferred revenue | 19,544 |  |  | 19,879 |
Warranty | 7,117 |  |  | 5,098 |
Other | 42,696 |  |  | 44,576 |
Total other liabilities | $ | 461,972 |  |  | $ | 474,903 |
Schedule of Carrying Amount of Product Warranties | Warranty Estimated warranty program claims are provided for at the time of sale. Amounts provided for are based on historical costs and adjusted for new claims. The changes in the carrying amount of product warranties were as follows:
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Beginning Balance, January 1, | $ | 48,449 |  |  | $ | 48,568 |  |  | $ | 51,088 |
Provision for warranties | 65,003 |  |  | 60,758 |  |  | 67,212 |
Settlements made | (62,911) |  |  | (59,612) |  |  | (65,498) |
Other adjustments, including acquisitions and currency translation | 323 |  |  | (1,265) |  |  | (4,234) |
Ending Balance, December 31 | $ | 50,864 |  |  | $ | 48,449 |  |  | $ | 48,568 |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 460 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482425/460-10-50-8 + Details
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