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Product Warranty (Tables)
9 Months Ended
Sep. 30, 2017
Product Warranties Disclosures [Abstract]  
Schedule of Warranty Reserve Activity
The warranty reserve activity for the three and nine months ended September 30, 2017 and 2016 consisted of the following (in millions):
 
Three Months Ended September 30,
 
 
Nine Months Ended September 30,
 
2017
 
2016
 
 
2017
 
2016
Balance at beginning of period
$
296.9

 
$
240.6

 
 
$
255.6

 
$
230.3

Acquisitions
2.1

 
3.1

 
 
2.1

 
3.7

Accruals for warranties issued during the period
47.7

 
43.3

 
 
152.6

 
138.7

Settlements made (in cash or in kind) during the period
(49.3
)
 
(40.1
)
 
 
(127.4
)
 
(128.3
)
Foreign currency translation
6.2

 
2.0

 
 
20.7

 
4.5

Balance at September 30
$
303.6

 
$
248.9

 
 
$
303.6

 
$
248.9