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Product Warranties
6 Months Ended
Jun. 30, 2024
Guarantees and Product Warranties [Abstract]  
Product Warranties Product Warranties
The Company offers warranties on the sales of certain of its products with terms that are consistent with the market and records an accrual for the estimated future claims. The following table presents the Company’s warranty liability activity:
(dollars in millions)Three Months Ended
June 30,
20242023
Balance at April 1,$185.0 $181.2 
Expense22.8 18.3 
Claims settled(20.2)(18.8)
Balance at June 30,$187.6 $180.7 
(dollars in millions)Six Months Ended
June 30,
20242023
Balance at January 1,$188.1 $182.5 
Expense42.5 36.7 
Claims settled(43.0)(38.5)
Balance at June 30,$187.6 $180.7