INVENTORIES |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventory Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INVENTORIES | INVENTORIES The components of inventories, net of applicable net realizable value write-downs, were as follows:
We recorded inventory write-downs of $12.8 and $29.3 for Q2 2025 and 1H 2025, respectively (Q2 2024 — $1.3; 1H 2024 — $18.2) in cost of sales. Contract liabilities: We receive cash deposits from certain of our customers primarily to reduce risks related to excess and/or obsolete inventory. At June 30, 2025, our accrued and other current liabilities and provisions included $396.6 (December 31, 2024 — $511.6) of cash deposits.
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