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Product Warranty (Tables)
6 Months Ended
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