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Warranties

9 Months Ended

Sep. 30, 2021

Product Warranties Disclosures [Abstract]

Warranties

WARRANTIES The following table reconciles the changes in the Company’s product warranty reserve as follows:

In millions			2021						2020
Balance at beginning of year			$	278.5					$	267.7
Acquisitions			1.7						4.3
Warranty expense			84.7						86.8
Warranty claim payments			(84.5)						(95.7)
Foreign currency impact/other			(8.4)						1.7
Balance at September 30			$	272.0					$	264.8

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- References

No definition available.

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- Definition

The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-URI http://asc.fasb.org/topic&trid=2155896

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