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Product Warranty (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Warranty reserve activity:
Balance at beginning of period	$ 521.8	$ 392.8
Accruals for warranties issued during the period	93.3	56.3
Settlements made (in cash or in kind) during the period	(55.3)	(49.4)
Foreign currency translation	(17.8)	(15.1)
Balance at end of period	$ 542.0	$ 384.6
Product warranty period, minimum, years	1 year
Product warranty period, maximum, years	4 years
Product warranty accrual, current	$ 450.0		$ 431.6
Product warranty accrual, noncurrent	$ 92.0		$ 90.2

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Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers.

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Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers. For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Amount of decrease in the standard and extended product warranty accrual from payments made in cash or in kind to satisfy claims under the terms of the standard and extended product warranty.

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