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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2014
Product Warranty [Abstract]  
Schedule of Warranty Reserve Activity
The warranty reserve activity for the three and six months ended June 30, 2014 and 2013 consisted of the following (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Balance at beginning of period
$
305.0

 
$
266.4

 
$
294.9

 
$
256.9

Accruals for warranties issued during the period
43.3

 
66.2

 
98.9

 
109.5

Settlements made (in cash or in kind) during the period
(44.7
)
 
(38.6
)
 
(90.8
)
 
(67.1
)
Foreign currency translation
0.3

 
(0.2
)
 
0.9

 
(5.5
)
Balance at June 30
$
303.9

 
$
293.8

 
$
303.9

 
$
293.8