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ACCRUED AND OTHER CURRENT LIABILITIES AND OTHER NON-CURRENT LIABILITIES | 3 Months Ended
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Mar. 29, 2025
Payables and Accruals [Abstract] |
ACCRUED AND OTHER CURRENT LIABILITIES AND OTHER NON-CURRENT LIABILITIES | ACCOUNTS PAYABLE, ACCRUED LIABILITIES AND OTHER NON-CURRENT LIABILITIES The following table summarizes our accrued liabilities and other non-current liabilities.
As of the Period Ended | March 29, 2025 |  | December 31, 2024
Compensation and other employee-related benefits | $ | 117.8 |  |  | $ | 155.9 |
Contract liabilities and other customer-related liabilities | 177.2 |  |  | 153.5 |
Accrued income taxes and other tax-related liabilities | 47.2 |  |  | 38.5 |
Operating lease liabilities | 23.4 |  |  | 22.6 |
Accrued warranty costs | 17.9 |  |  | 16.7 |
Environmental liabilities and other legal matters | 7.5 |  |  | 7.3 |
Accrued restructuring costs | 6.9 |  |  | 2.9 |
Other | 51.7 |  |  | 49.8 |
Accrued and other current liabilities | $ | 449.6 |  |  | $ | 447.2 |
Deferred income taxes and other tax-related liabilities | $ | 70.4 |  |  | $ | 64.8 |
Operating lease liabilities | 70.6 |  |  | 73.7 |
Environmental liabilities | 50.7 |  |  | 51.1 |
Compensation and other employee-related benefits | 37.8 |  |  | 37.0 |
Other | 37.6 |  |  | 34.1 |
Other non-current liabilities | $ | 267.1 |  |  | $ | 260.7 |
Supply Chain Financing The Company has supply chain financing (SCF) programs in place under which participating suppliers may elect to obtain payment from an intermediary. The Company confirms the validity of invoices from participating suppliers and agrees to pay the intermediary an amount based on invoice totals. The majority of amounts payable under these programs are due within 90 to 180 days and are considered commercially reasonable. Th ere are no assets pledged as security or other forms of guarantees provided for the committed payments. The following table displays a rollforward of our supply chain financing obligations which is included within Accounts payable in our Consolidated Condensed Balance Sheets.
For the Quarter Ended | March 29, 2025 |  | March 30, 2024
Confirmed obligations outstanding at the beginning of the year | $ | 11.3 |  |  | $ | 19.7 |
Invoices confirmed in the year | 15.0 |  |  | 13.8 |
Payments applied towards invoices | (9.1) |  |  | (14.2) |
Foreign currency translation | 0.2 |  |  | (0.3) |
Confirmed obligations outstanding at the end of period | $ | 17.4 |  |  | $ | 19.0 |

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