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v3.25.3

Balance Sheet Components (Tables) | 9 Months Ended
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Sep. 30, 2025
Additional Financial Information Disclosure [Abstract] |
Schedule of Balance Sheet Components |
| September 30, 2025 |  | December 31, 2024
RECEIVABLES – NET |  |  |
Customers | $ | 488.7 |  |  | $ | 461.0 |
Other | 21.5 |  |  | 14.7 |
Total | 510.2 |  |  | 475.7 |
Less: allowance for credit losses | 10.0 |  |  | 9.8 |
Receivables – net | $ | 500.2 |  |  | $ | 465.9 |
INVENTORIES – NET |  |  |
Raw materials and component parts | $ | 316.0 |  |  | $ | 285.5 |
Work in process | 52.6 |  |  | 34.4 |
Finished goods | 126.5 |  |  | 109.8 |
Inventories – net | $ | 495.1 |  |  | $ | 429.7 |
ACCRUED EXPENSES |  |  |
Payroll and related items | $ | 107.1 |  |  | $ | 105.0 |
Management incentive compensation | 19.8 |  |  | 14.6 |
Income taxes payable | 21.4 |  |  | 10.1 |
Warranty | 15.1 |  |  | 13.6 |
Deferred revenue | 45.7 |  |  | 50.7 |
Lease liability | 27.4 |  |  | 26.1 |
Restructuring | 3.2 |  |  | 0.9 |
Accrued interest | 14.1 |  |  | 12.7 |
Other | 48.2 |  |  | 45.0 |
Accrued expenses | $ | 302.0 |  |  | $ | 278.7 |

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