Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2015

Accrued Liabilities and Other Liabilities [Abstract]

8. Accrued Expenses and Other Liabilities

The following table details the major components of other accrued expenses (in millions):



	December 31, 2015		December 31, 2014
Warranty	$	3.7	$	15.5
Restructuring and exit	10.7		13.0
Accrued short term capital leases	3.3		1.2
Other⁽¹⁾	23.9		19.1
Total	$	41.6	$	48.8

⁽¹⁾ Primarily represents accrued taxes other than income taxes, accrued volume discounts and accrued commissions (non-employee), none of which are individually significant.

The following table details the major components of other liabilities (in millions):



	December 31, 2015		December 31, 2014
Deferred compensation, principally defined benefit plans	$	18.6	$	24.3
Unrecognized tax benefits	5.7		6.1
Long term capital leases	15.4		5.8
Restructuring and exit	0.1		0.9
Other	5.8		2.4
Total	$	45.6	$	39.5

The increase in long term capital leases is related to the September 2013 agreement the Company entered into for new equipment in China. The asset balances reside in the machinery, equipment and other line item within the tabulated disclosures in Note 6. Property, Plant and Equipment, net.

Warranty Accruals

Estimated warranty program claims are provided for at the time of sale. Amounts provided for are based on historical costs and adjusted for new claims. The changes in the carrying amount of product warranties through December 31, 2015 and 2014 were as follows (in millions):



	2015			2014
Beginning Balance, January 1	$	15.5		$	3.8
Provision for warranties ⁽²⁾	0.9			13.9
Settlements made ⁽²⁾	(12.5		)	(2.0		)
Other adjustments, including currency translation	(0.2		)	(0.2		)
Ending balance, December 31	$	3.7		$	15.5

⁽²⁾ The decrease in the provision for warranties during the year ended December 31, 2015 was primarily driven by a charge in 2014 related to a low level defect on one new version of the MEMs microphone for a specific platform at one key OEM customer. The increase in settlements made during the year ended December 31, 2015 is primarily driven by the settlement of the 2014 low level defect on one new version of the MEMs microphone.