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Product Warranties (Tables)

3 Months Ended

Jun. 30, 2014

Product Warranties [Abstract]

Changes in accrued warranty costs

Changes in accrued warranty costs were as follows:

		Three months ended June 30,
		2014				2013
Beginning balance		$	14.0			$	12.6
Accruals for warranties issued			1.6				1.4
Accruals related to pre-existing warranties			0.6				2.5
Settlements			(2.4	)			(4.0	)
Effect of exchange rate changes			0.1				(0.2	)
Ending balance		$	13.9			$	12.3

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- Definition

Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

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