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Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Line of Credit Facilities

Our available lines of credit, outstanding standby LOCs, and bonds were as follows:

In thousands			September 30, 2022						December 31, 2021
Credit facility
Multicurrency revolving line of credit			$	500,000					$	500,000
Standby LOCs issued and outstanding			(55,937)						(64,374)
Net available for additional borrowings under the multicurrency revolving line of credit			$	444,063					$	435,626
Net available for additional standby LOCs under sub-facility			$	244,063					$	235,626
Unsecured multicurrency revolving lines of credit with various financial institutions
Multicurrency revolving lines of credit			$	71,594					$	94,845
Standby LOCs issued and outstanding			(18,365)						(19,957)
Short-term borrowings			—						—
Net available for additional borrowings and LOCs			$	53,229					$	74,888
Unsecured surety bonds in force			$	281,343					$	281,270

Schedule of Warranty Accruals

A summary of the warranty accrual account activity is as follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
In thousands			2022						2021						2022						2021
Beginning balance			$	28,709					$	36,210					$	32,022					$	41,390
New product warranties			1,166						1,925						3,600						3,611
Other adjustments and expirations, net			(1,092)						(975)						(1,157)						631
Claims activity			(2,299)						(2,156)						(7,071)						(10,040)
Effect of change in exchange rates			(1,026)						(317)						(1,936)						(905)
Ending balance			25,458						34,687						25,458						34,687
Less: current portion of warranty			17,943						18,089						17,943						18,089
Long-term warranty			$	7,515					$	16,598					$	7,515					$	16,598

Warranty Expense

Warranty expense was as follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
In thousands			2022						2021						2022						2021
Total warranty expense			$	74					$	950					$	2,443					$	4,242

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Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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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.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249

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