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Standard Product Warranties (Tables)

9 Months Ended

Sep. 30, 2016

Standard Product Warranties

Schedule of change in aggregate product warranty liabilities

(in millions)		2016			2015
Balance at January 1		$	28.9		$	15.2
Current year provision			16.1			18.9
Acquired warranty obligation			-			1.1
Current year claims			(19.3)			(13.2)
Balance at September 30		$	25.7		$	22.0

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- Definition

Tabular disclosure of the changes in the guarantor's aggregate standard product warranty liability, including the beginning balance of the aggregate standard 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 standard product warranty liability.

+ References

No definition available.

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- References

No definition available.

+ Details

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