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v3.25.2

Balance Sheet Components (Details) - USD ($) $ in Millions | Jun. 30, 2025 | Dec. 31, 2024
--- | --- | ---
RECEIVABLES – NET |  |
Customers | $ 468.5 | $ 461.0
Other | 17.4 | 14.7
Total | 485.9 | 475.7
Less: allowance for credit losses | 9.8 | 9.8
Receivables – net | 476.1 | 465.9
INVENTORIES – NET |  |
Raw materials and component parts | 309.9 | 285.5
Work in process | 51.4 | 34.4
Finished goods | 126.5 | 109.8
Inventories – net | 487.8 | 429.7
ACCRUED EXPENSES |  |
Payroll and related items | 93.6 | 105.0
Management incentive compensation | 15.1 | 14.6
Income taxes payable | 5.4 | 10.1
Warranty | 14.0 | 13.6
Deferred revenue | 53.0 | 50.7
Lease liability | 27.7 | 26.1
Restructuring | 7.8 | 0.9
Accrued interest | 11.6 | 12.7
Other | 43.1 | 45.0
Accrued expenses | $ 271.3 | $ 278.7

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