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Product Warranty (Tables)
3 Months Ended
Mar. 31, 2017
Product Warranties Disclosures [Abstract]  
Schedule of Warranty Reserve Activity
The warranty reserve activity for the three months ended March 31, 2017 and 2016 consisted of the following (in millions):
 
Three Months Ended March 31,
 
2017
 
2016
Balance at beginning of period
$
255.6

 
$
230.3

Acquisitions

 
0.6

Accruals for warranties issued during the period
51.5

 
44.0

Settlements made (in cash or in kind) during the period
(39.9
)
 
(40.6
)
Foreign currency translation
2.9

 
7.4

Balance at March 31
$
270.1

 
$
241.7