XML 43 R32.htm IDEA: XBRL DOCUMENT v3.24.3

Product Warranties (Tables)

9 Months Ended

Sep. 30, 2024

Product Warranties Disclosures [Abstract]

Schedule of Product Warranty Liability [Table Text Block]

The following table provides a reconciliation of changes in the product warranty liability:

						Three Months Ended												Nine Months Ended
						September 30,												September 30,
						2024						2023						2024						2023
						(in millions)
Beginning balance						$	67.7					$	61.7					$	66.3					$	54.1
Accruals						3.6						16.8						11.3						29.1
Payments						(8.6)						(3.2)						(13.7)						(7.5)
Adjustment to prior period accruals						(0.1)						(2.7)						(0.6)						(3.1)
Foreign currency translation						0.9						(0.4)						0.2						(0.4)
Ending balance						$	63.5					$	72.2					$	63.5					$	72.2

In the third quarter of 2023, we recorded approximately $13 million of expense related to a field action with one of our largest customers for a die cast component included in transmission assemblies.

X

- References

No definition available.

+ Details

Name:	us-gaap_ProductWarrantiesDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 460
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482425/460-10-50-8

+ Details

Name:	us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration