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Product Warranties
 3 Months Ended
Mar. 31, 2019
Product Warranties
14.
Product Warranties
We generally record warranty expense related to contractual warranty terms at the time of sale. We may also provide customer concessions for claims made outside of the contractual warranty terms and those expenses are recorded in the period in which the concession is made. We offer our customers various warranty terms based on the type of product that is sold. Warranty expense is determined based on historic claim experience and the nature of the product category. The following table summarizes activity related to our product warranty liability for the three months ended March 31, 2019 and 2018, respectively.
 
 
 
Three Months

Ended March 31,
 
(In millions)
 
 
2019
 
 
2018
 
Reserve balance at January 1,
 
$
24.9
 
 
$
17.2
 
Provision for warranties issued
 
 
6.2
 
 
 
6.2
 
Settlements made (in cash or in kind)
 
 
(5.8
)
 
 
(6.2
)
Reserve balance at March 31, 
(a)
 
$
25.3
 
 
$
17.2
 
 
(a)
Balance at January
 1, 2019 includes the impact of acquiring Fiberon. See Note 4 for additional information.