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Product Warranties (Tables)
6 Months Ended
Jun. 30, 2016
Activity Related to Product Warranty Liability

The following table summarizes activity related to our product warranty liability for the six months ended June 30, 2016 and 2015, respectively.

 

(In millions)    Six Months Ended
June 30,
 
     2016      2015  

Reserve balance at January 1,

   $ 16.0       $ 13.0   

Provision for warranties issued

     14.4         14.5   

Settlements made (in cash or in kind)

     (14.3      (13.5

Acquisitions

     —           1.6   
  

 

 

    

 

 

 

Reserve balance at June 30,

   $ 16.1       $ 15.6