v3.26.1
OTHER CURRENT ASSETS & OTHER CURRENT LIABILITIES
6 Months Ended
Jun. 30, 2026
Other Current Assets and Other Current Liabilities [Abstract]  
OTHER CURRENT ASSETS & OTHER CURRENT LIABILITIES OTHER CURRENT ASSETS & OTHER CURRENT LIABILITIES
Other current assets consisted of the following:
(In millions)June 30,
2026
December 31,
2025
Value-added tax receivables$146.0 $228.1 
Advances paid to suppliers141.0 112.1 
Prepaid expenses104.8 98.5 
Withholding tax and other receivables66.4 78.3 
Other28.6 27.8 
Total other current assets$486.8 $544.8 
Other current liabilities consisted of the following:
(In millions)June 30,
2026
December 31,
2025
Accrued payroll$193.5 $202.1 
Social security and payroll taxes89.0 103.7 
Compensation accrual81.8 159.3 
Warranty accruals and project contingencies78.9 82.6 
Consideration payable55.3 55.6 
Value-added tax and other taxes payable53.4 53.7 
Legal provisions52.6 59.1 
Provisions for operational commitments44.5 59.6 
Other accrued liabilities119.9 98.0 
Total other current liabilities$768.9 $873.7