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Product Warranties (Tables)
9 Months Ended
Sep. 30, 2022
Guarantees and Product Warranties [Abstract]  
Activity Related to Product Warranty Liability The following table summarizes activity related to our product warranty liability for the nine months ended September 30, 2022 and 2021, respectively.

 

(In millions)

 

Nine Months Ended
September 30,

 

 

 

2022

 

 

2021

 

Reserve balance at January 1,

 

$

26.5

 

 

$

24.5

 

Provision for warranties issued

 

 

35.1

 

 

 

26.5

 

Settlements made (in cash or in kind)

 

 

(32.1

)

 

 

(25.5

)

Acquisitions

 

 

1.1

 

 

 

0.3

 

Foreign translation adjustments

 

 

(0.5

)

 

 

0.1

 

Reserve balance at September 30,

 

$

30.1

 

 

$

25.9