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Standard Product Warranties | 12 Months Ended
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Dec. 31, 2015
Standard Product Warranties |
Standard Product Warranties | Note 15—Standard Product Warranties The Company offers various warranty programs on its products included in the price of its products, primarily for certain installed roofing systems, high-performance cables and assemblies, fluid technologies, braking products, and foodservice equipment. The Company's liability for such warranty programs is included in Accrued expenses. The change in the Company's product warranty liabilities for the period ended December 31 is as follows:
(in millions) |  | 2015 |  | 2014 |
Balance at January 1 |  | $ | 15.2 |  | $ | 14.3 |
Current year provision |  |  | 30.2 |  |  | 21.1 |
Acquired warranty obligation |  |  | 1.1 |  |  | — |
Current year claims |  |  | (17.6 | ) |  | (20.2 | )
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Balance at December 31 |  | $ | 28.9 |  | $ | 15.2 |
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- Definition The entire disclosure for standard product warranties, including a tabular reconciliation of the changes in the guarantor's aggregate standard product warranty liability for the reporting period. + References No definition available. + Details
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