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Balance Sheet Information (Tables)
 12 Months Ended
Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract]  
Supplemental Balance Sheet Information
Certain significant amounts included in the Company's Consolidated Balance Sheets consist of the following (in millions):
As of
December 31, 2019 December 31, 2018
Inventories:
Raw materials $ 138.4    $ 137.3   
Work in process 772.9    760.7   
Finished goods 321.1    327.2   
$ 1,232.4    $ 1,225.2   
Property, plant and equipment, net:
Land $ 125.2    $ 125.5   
Buildings 860.6    820.4   
Machinery and equipment 4,275.2    3,980.2   
Property, plant and equipment, gross 5,261.0    4,926.1   
Less: Accumulated depreciation (2,669.4)   (2,376.5)  
$ 2,591.6    $ 2,549.6   
Accrued expenses:
Accrued payroll and related benefits $ 153.4    $ 240.8   
Sales related reserves 247.3    294.8   
Income taxes payable 22.5    38.2   
Other 115.6    85.3   
$ 538.8    $ 659.1   
Components of Lease Expense and Lease Liabilities
The components of lease expense are as follows (in millions):
Year Ended
December 31, 2019
Operating lease $ 35.0   
Variable lease 4.0   
Short-term lease 2.6   
Total lease expense $ 41.6   
The lease liabilities included in the following captions in the Consolidated Balance Sheet are as follows (in millions):
As of
December 31, 2019
Accrued expenses and other current liabilities $ 26.1   
Other long-term liabilities 87.9   
$ 114.0   
Reconciliation of the Maturities of Operating Leases The reconciliation of the maturities of the operating leases to the lease liabilities recorded in the Consolidated Balance Sheet as of December 31, 2019 is as follows (in millions):
2020 $ 31.3   
2021 26.0   
2022 21.4   
2023 15.1   
2024 14.1   
Thereafter 36.9   
Total lease payments $ 144.8   
Less: Interest (30.8)  
Amounts recorded in the Consolidated Balance Sheet $ 114.0   
Future Minimum Lease Obligations Under Non-Cancelable Operating Leases As of December 31, 2018, future minimum lease obligations under non-cancelable operating leases were as follows: 
2019 $ 36.8   
2020 27.6   
2021 21.9   
2022 16.8   
2023 12.3   
Thereafter 45.4   
Total (1) $ 160.8   
(1) Excludes $12.3 million of expected sublease income.
Warranty Reserves
The activity related to the Company's warranty reserves are as follows (in millions):
Balance as of December 31, 2016 $ 8.8   
Provision 6.8   
Usage (7.6)  
Balance as of December 31, 2017 8.0   
Provision 0.4   
Usage (3.2)  
Balance as of December 31, 2018 5.2   
Provision 3.3   
Usage (4.1)  
Balance as of December 31, 2019 $ 4.4