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v3.25.1

Balance Sheet Components (Details) - USD ($) $ in Millions | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
RECEIVABLES – NET |  |
Customers | $ 475.3 | $ 461.0
Other | 17.9 | 14.7
Total | 493.2 | 475.7
Less: allowance for credit losses | 10.6 | 9.8
Receivables – net | 482.6 | 465.9
INVENTORIES – NET |  |
Raw materials and component parts | 294.9 | 285.5
Work in process | 44.6 | 34.4
Finished goods | 126.8 | 109.8
Inventories – net | 466.3 | 429.7
ACCRUED EXPENSES |  |
Payroll and related items | 85.4 | 105.0
Management incentive compensation | 7.1 | 14.6
Income taxes payable | 16.5 | 10.1
Deferred revenue | 57.8 | 50.7
Lease liability | 26.6 | 26.1
Restructuring | 13.2 | 0.9
Other | 68.0 | 71.3
Accrued expenses | $ 274.6 | $ 278.7

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