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Product Warranty (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014
Warranty reserve activity: |  |  |  |  |
Balance at beginning of period | $ 252.9 | $ 305.0 | $ 284.6 | $ 294.9 |
Accruals for warranties issued during the period | 43.3 | 43.3 | 77.3 | 98.9 |
Settlements made (in cash or in kind) during the period | (42.2) | (44.7) | (87.1) | (90.8) |
Foreign currency translation | 7.3 | 0.3 | (13.5) | 0.9 |
Balance at end of period | 261.3 | $ 303.9 | $ 261.3 | $ 303.9 |
Product warranty period, minimum, years |  |  | 1 year |  |
Product warranty period, maximum, years |  |  | 4 years |  |
Product warranty accrual, current | 221.8 |  | $ 221.8 |  | $ 245.7
Product warranty accrual, noncurrent | $ 39.5 |  | $ 39.5 |  | $ 38.9

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- Definition Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -Subparagraph ((c)(5)) -URI http://asc.fasb.org/extlink&oid=51674963&loc=d3e12565-110249 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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