Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

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Accrued Expenses
 12 Months Ended
Dec. 31, 2023
Accrued Liabilities, Current [Abstract]  
Accrued Expenses Accrued Expenses
Accrued Expenses as of December 31, 2023 and 2022 were as follows:
(in millions) 2023 2022
Compensation and benefit plans $ 159.4  $ 180.9 
Product warranties 157.6  146.7 
Sales incentives and discounts 186.0  164.2 
Deferred revenue and customer deposits 73.7  70.3 
Current operating lease liabilities 28.3  27.8 
Interest 28.6  30.6 
Product Liability 22.2  8.2 
Insurance reserves 8.7  5.7 
Derivatives 8.7  9.9 
Real property, personal property and other non-income taxes 7.2  6.2 
Environmental reserves 6.2  6.3 
Legal fees 4.0  14.6 
Income taxes 3.0  10.1 
Other 45.8  56.8 
Total accrued expenses $ 739.4  $ 738.3