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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Inventory Inventories are stated at the lower of cost and net realizable value, determined by the first-in, first-out method, and consist of the following:
June 30,December 31,
(in millions)20222021
Finished goods$411.9 $297.8 
Work-in-process22.4 11.4 
Raw materials and supplies184.8 154.7 
 $619.1 $463.9 
Summary of Warranty Activity
The Company had the following activity for its accrued warranty expense from December 31, 2021 to June 30, 2022:
(in millions)
Balance as of December 31, 2021$43.9 
Amounts accrued10.2 
Warranties charged to accrual(9.7)
Balance as of June 30, 2022$44.4 
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The Company had the following activity for its allowance for credit losses from December 31, 2021 to June 30, 2022:
(in millions)
Balance as of December 31, 2021
$62.1 
Amounts accrued3.8 
Write-offs charged against the allowance(3.6)
Balance as of June 30, 2022
$62.3 
Schedule of Long Term Debt The fair values of these material financial instruments are as follows:
Fair Value
(in millions)June 30, 2022December 31, 2021
2029 Senior Notes$643.8 $816.9 
2031 Senior Notes$601.7 $803.7