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Product Warranty | 12 Months Ended
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Dec. 31, 2017
Product Warranties Disclosures [Abstract] |
Product warranty | PRODUCT WARRANTY The changes in the carrying amount of the Company’s total product warranty liability for the years ended December 31, 2017 and 2016 were as follows:
(millions of dollars) | 2017 |  | 2016
Beginning balance, January 1 | $ | 95.3 |  |  | $ | 107.9 |
Provisions | 73.1 |  |  | 62.2 |
Acquisitions | 1.0 |  |  | 6.9 |
Dispositions | — |  |  | (9.1 | )
Held for sale | (3.6 | ) |  | — |
Payments | (60.6 | ) |  | (70.1 | )
Translation adjustment | 6.3 |  |  | (2.5 | )
Ending balance, December 31 | $ | 111.5 |  |  | $ | 95.3 |
Acquisition activity in 2017 of $1.0 million relates to the warranty liability associated with the Company's purchase of Sevcon. Acquisition activity in 2016 of $6.9 million relates to the Company's accrual for product issues that pre-dated the Company's 2015 acquisition of Remy. Disposition activity in 2016 of $9.1 million relates to the sale of the Remy light vehicle aftermarket business. The product warranty liability is classified in the Consolidated Balance Sheets as follows:
| December 31,
(millions of dollars) | 2017 |  | 2016
Accounts payable and accrued expenses | $ | 69.0 |  |  | $ | 63.9 |
Other non-current liabilities | 42.5 |  |  | 31.4 |
Total product warranty liability | $ | 111.5 |  |  | $ | 95.3 |

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -URI http://asc.fasb.org/topic&trid=2155896 + Details
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