Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.22.4
Accrued Expenses
 12 Months Ended
Dec. 31, 2022
Accrued Liabilities, Current [Abstract]  
Accrued Expenses Accrued Expenses
Accrued Expenses as of December 31, 2022 and 2021 were as follows:
(in millions) 2022 2021
Compensation and benefit plans $ 180.9  $ 234.3 
Product warranties 146.7  129.3 
Sales incentives and discounts 164.2  127.6 
Deferred revenue and customer deposits 70.3  61.4 
Current operating lease liabilities 27.8  25.8 
Interest 30.6  20.9 
Income taxes 10.1  17.0 
Real, personal and other non-income taxes 6.2  16.1 
Insurance reserves 13.9  14.4 
Environmental reserves 6.3  7.0 
Legal fees 14.6  6.1 
Derivatives 9.9  2.9 
Other 56.8  48.5 
Total accrued expenses $ 738.3  $ 711.3