XML 53 R41.htm IDEA: XBRL DOCUMENT v3.20.4
Warranties (Tables)
3 Months Ended
Dec. 31, 2020
Product Warranties Disclosures [Abstract]  
Schedule of Changes in Warranty Liability and Unearned Extended Warranty Premiums Changes in the Company’s service-type warranties were as follows (in millions):

 

 

Three Months Ended

December 31,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

64.4

 

 

$

68.2

 

Deferred revenue for new service warranties

 

 

5.0

 

 

 

5.9

 

Amortization of deferred revenue

 

 

(6.8

)

 

 

(7.2

)

Foreign currency translation

 

 

0.4

 

 

 

0.3

 

Balance at end of period

 

$

63.0

 

 

$

67.2

 

 

Changes in the Company’s assurance-type warranty liability were as follows (in millions):

 

 

 

Three Months Ended

December 31,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

67.4

 

 

$

65.1

 

Warranty provisions

 

 

13.8

 

 

 

10.6

 

Settlements made

 

 

(14.2

)

 

 

(11.0

)

Changes in liability for pre-existing warranties, net

 

 

(2.6

)

 

 

(0.5

)

Foreign currency translation

 

 

0.2

 

 

 

0.1

 

Balance at end of period

 

$

64.6

 

 

$

64.3