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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2017
Product Warranties Disclosures [Abstract]  
Schedule of Warranty Reserve Activity
The warranty reserve activity for the three and six months ended June 30, 2017 and 2016 consisted of the following (in millions):
 
Three Months Ended June 30,
 
 
Six Months Ended June 30,
 
2017
 
2016
 
 
2017
 
2016
Balance at beginning of period
$
270.1

 
$
241.7

 
 
$
255.6

 
$
230.3

Acquisitions

 

 
 

 
0.6

Accruals for warranties issued during the period
53.4

 
51.4

 
 
104.9

 
95.4

Settlements made (in cash or in kind) during the period
(38.2
)
 
(47.6
)
 
 
(78.1
)
 
(88.2
)
Foreign currency translation
11.6

 
(4.9
)
 
 
14.5

 
2.5

Balance at June 30
$
296.9

 
$
240.6

 
 
$
296.9

 
$
240.6