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Organization and Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Activity in the limited warranty reserve | The activity in the warranty reserve during the periods presented was as follows (in millions):
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Balance at beginning of year | $ | 136.2 |  |  | $ | 121.8 |  |  | $ | 123.8 |
Additions to reserve related to acquisitions | — |  |  | 8.8 |  |  | 19.5 |
Additions charged to expense | 123.7 |  |  | 122.9 |  |  | 105.0 |
Warranty claims paid, net | (119.1) |  |  | (117.3) |  |  | (126.5) |
Balance at end of year | $ | 140.8 |  |  | $ | 136.2 |  |  | $ | 121.8 |
Schedule of assets and liabilities measured at fair value on a recurring basis | Assets and liabilities measured at fair value on a recurring basis are summarized below (in millions):
| Fair Value Measurements as of December 31, 2020
Asset (Liability) | Total |  | Level 1 |  | Level 2 |  | Level 3
Non-qualified deferred compensation assets | $ | 48.3 |  |  | $ | 48.3 |  |  | $ | — |  |  | $ | — |
Total assets at fair value | $ | 48.3 |  |  | $ | 48.3 |  |  | $ | — |  |  | $ | — |
Non-qualified deferred compensation liabilities | $ | (48.3) |  |  | $ | (48.3) |  |  | $ | — |  |  | $ | — |
Foreign exchange contracts, net | (2.3) |  |  | — |  |  | (2.3) |  |  | — |
Interest rate contracts, net | (18.1) |  |  | — |  |  | (18.1) |  |  | — |
Total liabilities at fair value | $ | (68.7) |  |  | $ | (48.3) |  |  | $ | (20.4) |  |  | $ | — |
| Fair Value Measurements as of December 31, 2019
Asset (Liability) | Total |  | Level 1 |  | Level 2 |  | Level 3
Non-qualified deferred compensation assets | $ | 48.9 |  |  | $ | 48.9 |  |  | $ | — |  |  | $ | — |
Total assets at fair value | $ | 48.9 |  |  | $ | 48.9 |  |  | $ | — |  |  | $ | — |
Non-qualified deferred compensation liabilities | $ | (48.9) |  |  | $ | (48.9) |  |  | $ | — |  |  | $ | — |
Foreign exchange contracts, net | (0.1) |  |  | — |  |  | (0.1) |  |  | — |
Interest rate contracts, net | (8.0) |  |  | — |  |  | (8.0) |  |  | — |
Total liabilities at fair value | $ | (57.0) |  |  | $ | (48.9) |  |  | $ | (8.1) |  |  | $ | — |
Schedule of major components of inventories | Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value. The major components of inventories are as follows (in millions):
| December 31, 2020 |  | December 31, 2019
Raw materials and purchased components | $ | 533.5 |  |  | $ | 344.6 |
Service parts, garments and accessories | 330.5 |  |  | 357.0 |
Finished goods | 381.3 |  |  | 476.2 |
Less: reserves | (67.7) |  |  | (56.7) |
Inventories | $ | 1,177.6 |  |  | $ | 1,121.1 |
Schedule of activity in the warranty reserve | The activity in the deferred revenue reserve during the periods presented was as follows (in millions):
| For the Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Balance at beginning of year | $ | 81.6 |  |  | $ | 59.9 |  |  | $ | 45.8 |
New contracts sold | 60.4 |  |  | 49.6 |  |  | 35.6 |
Less: reductions for revenue recognized | (34.9) |  |  | (27.9) |  |  | (21.5) |
Balance at end of year (1) | $ | 107.1 |  |  | $ | 81.6 |  |  | $ | 59.9 |
(1) The unamortized ESC premiums (deferred revenue) recorded in other current liabilities totaled $37.8 million and $34.3 million at December 31, 2020 and 2019, respectively, while the amount recorded in other long-term liabilities totaled $69.3 million and $47.3 million at December 31, 2020 and 2019, respectively.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition 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. + References 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 http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249 + Details
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