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Product Warranty (Tables)
9 Months Ended
Sep. 30, 2016
Product Warranties Disclosures [Abstract]  
Schedule of Warranty Reserve Activity
The warranty reserve activity for the three and nine months ended September 30, 2016 and 2015 consisted of the following (in millions):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Balance at beginning of period
$
240.6

 
$
261.3

 
$
230.3

 
$
284.6

Acquisitions
3.1

 

 
3.7

 

Accruals for warranties issued during the period
43.3

 
33.2

 
138.7

 
110.5

Settlements made (in cash or in kind) during the period
(40.1
)
 
(45.7
)
 
(128.3
)
 
(132.8
)
Foreign currency translation
2.0

 
(3.7
)
 
4.5

 
(17.2
)
Balance at September 30
$
248.9

 
$
245.1

 
$
248.9

 
$
245.1