INVENTORIES |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 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 $20.3 and $49.6 for Q3 2025 and YTD 2025, respectively (Q3 2024 — $15.1; YTD 2024 — $33.3) 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 September 30, 2025, our accrued and other current liabilities and provisions included $381.6 (December 31, 2024 — $511.6) of cash deposits.
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