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Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Product Warranty Liability [Table Text Block]

The changes in the standard product warranty liability for the nine months ended September 30 were as follows:

In millions			2024
Balance at beginning of period			$	373.9
Reductions for payments			(136.7)
Accruals for warranties issued during the current period			178.2
Changes to accruals related to preexisting warranties			(7.2)
Currency translation			0.6
Balance at end of period			$	408.8

Extended Warranty [Member]

Schedule of Product Warranty Liability [Table Text Block]

The changes in the extended warranty liability for the nine months ended September 30 were as follows:

In millions			2024
Balance at beginning of period			$	349.4
Amortization of deferred revenue for the period			(96.9)
Additions for extended warranties issued during the period			146.4
Changes to accruals related to preexisting warranties			1.7
Currency translation			—
Balance at end of period			$	400.6

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- 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

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- Details

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