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Product Warranty (Tables) | 6 Months Ended
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Jun. 30, 2015
Product Warranty [Abstract] |
Schedule of Warranty Reserve Activity | The warranty reserve activity for the three and six months ended June 30, 2015 and 2014 consisted of the following (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
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 June 30 | $ | 261.3 |  |  | $ | 303.9 |  |  | $ | 261.3 |  |  | $ | 303.9 |

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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate 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 product warranty liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=51674963&loc=d3e12565-110249 + Details
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