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Commitments and Contingencies | 3 Months Ended
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Apr. 03, 2021
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Commitments and Contingencies Product Warranties The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended April 3, 2021 and March 28, 2020:
(in millions) | April 3, 2021 |  | March 28, 2020
Balance at beginning of period | $ | 115.9 |  |  | $ | 117.6 |
Payments - Recurring | (14.5) |  |  | (11.6) |
(Payments)/Provisions - Sport Yacht and Yachts and Fitness businesses | (0.9) |  |  | (1.7) |
Provisions/additions for contracts issued/sold | 18.7 |  |  | 13.8 |
Aggregate changes for preexisting warranties | 0.2 |  |  | (1.3) |
Foreign currency translation | (0.5) |  |  | (0.8) |
Other | (1.0) |  |  | — |
Balance at end of period | $ | 117.9 |  |  | $ | 116.0 |
Extended Product Warranties The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the three months ended April 3, 2021 and March 28, 2020:
(in millions) | April 3, 2021 |  | March 28, 2020
Balance at beginning of period | $ | 87.4 |  |  | $ | 75.3 |
Extended warranty contracts sold | 7.2 |  |  | 5.7 |
Revenue recognized on existing extended warranty contracts | (4.8) |  |  | (3.9) |
Foreign currency translation | 0.1 |  |  | (0.4) |
Other | (0.1) |  |  | (0.1) |
Balance at end of period | $ | 89.8 |  |  | $ | 76.6 |

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- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -URI http://asc.fasb.org/topic&trid=2127136 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -URI http://asc.fasb.org/topic&trid=2144648 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121559207&loc=d3e25336-109308 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 440 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121559207&loc=d3e25336-109308 + Details
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