The Company is involved in various litigation, claims and administrative proceedings, including those related to environmental and product warranty matters. Amounts recorded for identified contingent liabilities are estimates, which are reviewed periodically and adjusted to reflect additional information when it becomes available. Subject to the uncertainties inherent in estimating future costs for contingent liabilities, except as expressly set forth in this note, management believes that any liability which may result from these legal matters would not have a material adverse effect on the financial condition, results of operations, liquidity or cash flows of the Company.

As of June 30, 2025 and December 31, 2024, the Company had reserves for environmental matters of $23.7 million and $17.8 million, respectively. The total reserve at June 30, 2025 and December 31, 2024, included $9.7 million and $9.9 million, respectively, related to remediation of sites previously disposed by the Company. Environmental reserves are classified as Accrued expenses and other current liabilities or Other noncurrent liabilities within the Condensed and Consolidated Balance Sheets based on the timing of their expected future payment. The Company’s total current environmental reserve at June 30, 2025 and December 31, 2024, was $2.8 million and $2.4 million, respectively, and the remainder was classified as noncurrent. Expenses related to environmental remediation were not material during the six months ended June 30, 2025 or 2024. Given the evolving nature of environmental laws, regulations and technology, the ultimate cost of future compliance is uncertain.


In millions	2025		2024
Balance at beginning of period	$	22.8	$	20.7
Reductions for payments	(5.7)		(6.2)
Accruals for warranties issued during the current period	5.7		8.5
Changes to accruals related to preexisting warranties	—		(0.3)

Currency translation	0.7		(0.2)
Balance at end of period	$	23.5	$	22.5

Standard product warranty liabilities are classified as either Accrued expenses and other current liabilities or Other noncurrent liabilities within the Condensed and Consolidated Balance Sheets based on the timing of the expected future payments.