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Accrued Expenses and Other Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2021
Accrued Liabilities and Other Liabilities [Abstract] |
Major components of other accrued expenses | The following table details the major components of other accrued expenses:
| December 31, 2021 |  | December 31, 2020
Accrued rebates and volume discounts | $ | 52,909 |  |  | $ | 49,929 |
Taxes other than income (1) | 49,992 |  |  | 52,829 |
Warranty | 43,449 |  |  | 45,433 |
Operating lease liability | 43,086 |  |  | 48,834 |
Accrued interest | 20,426 |  |  | 20,822 |
Accrued commissions (non-employee) | 16,273 |  |  | 14,243 |
Restructuring and exit costs | 13,797 |  |  | 14,913 |
Other (none of which are individually significant) | 107,165 |  |  | 96,634 |
Total other accrued expenses | $ | 347,097 |  |  | $ | 343,637 |
(1) Taxes other than income includes a $15.3 million and $15.8 million deferral of employment taxes related to the U.S. CARES Act as of December 31, 2021 and 2020, respectively.
Major components of other liabilities | The following table details the major components of other liabilities (non-current):
| December 31, 2021 |  | December 31, 2020
Defined benefit and other post-retirement benefit plans | $ | 138,992 |  |  | $ | 177,623 |
Operating lease liabilities | 134,448 |  |  | 133,989 |
Deferred compensation | 88,681 |  |  | 82,814 |
Unrecognized tax benefits | 79,757 |  |  | 90,097 |
Legal and environmental | 31,304 |  |  | 28,483 |
Deferred revenue | 21,513 |  |  | 13,921 |
Warranty | 5,119 |  |  | 5,655 |
Deferred employment taxes (1) | — |  |  | 15,783 |
Other | 32,728 |  |  | 21,949 |
Total other liabilities | $ | 532,542 |  |  | $ | 570,314 |
(1) Balance as of December 31, 2020 includes deferred employment taxes of $15.8 million related to the U.S. CARES Act.
Carrying amount of product warranties | Warranty Estimated warranty program claims are provided for at the time of sale. Amounts provided for are based on historical costs and adjusted for new claims. The changes in the carrying amount of product warranties were as follows:
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Beginning Balance, December 31 of the Prior Year | $ | 51,088 |  |  | $ | 49,116 |  |  | $ | 50,073 |
Provision for warranties | 67,212 |  |  | 60,902 |  |  | 63,957 |
Settlements made | (65,498) |  |  | (60,853) |  |  | (63,574) |
Other adjustments, including acquisitions and currency translation | (4,234) |  |  | 1,923 |  |  | (1,340) |
Ending Balance, December 31 | $ | 48,568 |  |  | $ | 51,088 |  |  | $ | 49,116 |

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123368208&loc=d3e12565-110249 + Details
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