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PROVISIONS

12 Months Ended

Dec. 31, 2025

Classes of other provisions [abstract]


In millions	Product warranty		Restructuring		Other		Total
Balance at January 1, 2025	$	25.0	$	1.6	$	13.0	$	39.6
Provisions made during the year	9.5		11.1		17.4		38.0
Provisions used during the year	(9.5)		(10.0)		(2.5)		(22.0)
Provisions reversed during the year	(0.6)		(0.1)		(0.1)		(0.8)
Translation differences	1.1		0.3		1.5		2.9
Balance at December 31, 2025	$	25.5	$	2.9	$	29.3	$	57.7

Non-current provisions							$	16.0
Current provisions							41.7
Total							$	57.7


In millions	Product warranty		Restructuring		Other		Total
Balance at January 1, 2024	$	24.2	$	2.2	$	9.0	$	35.4
Provisions made during the year	12.2		22.2		2.2		36.6
Provisions used during the year	(10.0)		(22.6)		(0.7)		(33.3)
Provisions reversed during the year	(0.7)		(0.1)		(0.3)		(1.1)
Translation differences	(0.7)		(0.1)		2.8		2.0
Balance at December 31, 2024	$	25.0	$	1.6	$	13.0	$	39.6

Non-current provisions							$	5.9
Current provisions							33.7
Total							$	39.6

The majority of the provisions resulted from repair or replacement of products during their warranty period. Restructuring provisions result from severance, exit, and termination events. Other provisions include asset retirement obligations related to leased premises. The majority of provisions are realized within one year.