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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Inventory Inventories are stated at the lower of cost or net realizable value, determined by the first-in, first-out method, and consist of the following:
June 30,December 31,
(in millions)20242023
Finished goods$362.5 $335.4 
Work-in-process16.3 16.5 
Raw materials and supplies128.6 131.2 
 $507.4 $483.1 
Summary of Warranty Activity
The Company had the following activity for its accrued warranty expense from December 31, 2023 to June 30, 2024:
(in millions)
Balance as of December 31, 2023$40.8 
Amounts accrued6.2 
Warranties charged to accrual(6.6)
Balance as of June 30, 2024$40.4 
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, 2023 to June 30, 2024:
(in millions)
Balance as of December 31, 2023
$66.9 
Amounts accrued4.0 
Write-offs charged against the allowance(3.7)
Balance as of June 30, 2024
$67.2 
Schedule of Long Term Debt The fair values of these material financial instruments are as follows:
Fair Value
(in millions)June 30, 2024December 31, 2023
2029 Senior Notes$720.8 $724.2 
2031 Senior Notes$672.3 $677.6