Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2016

Accrued Liabilities and Other Liabilities [Abstract]

9. Other Accrued Expenses and Other Liabilities

The following table details the major components of other accrued expenses:



(in millions)	December 31, 2016		December 31, 2015
Warranty	$	2.0	$	1.9
Restructuring and exit costs	3.6		8.7
Accrued short term capital leases	2.4		3.3
Hedging liability	3.6		1.1
Sales volume rebates	3.2		3.2
Other⁽¹⁾	11.2		17.7
Total	$	26.0	$	35.9

⁽¹⁾ Represents accrued taxes other than income taxes, accrued insurance, accrued commissions (non-employee) and other miscellaneous accruals, none of which are individually significant.

The following table details the major components of other liabilities:



(in millions)	December 31, 2016		December 31, 2015
Deferred compensation, principally defined benefit plans	$	18.7	$	16.5
Unrecognized tax benefits	4.9		5.7
Long term capital leases	13.2		15.4
Restructuring and exit	0.2		0.1
Other	4.4		5.8
Total	$	41.4	$	43.5

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, 2016 and 2015 were as follows:



(in millions)	2016			2015
Beginning Balance, January 1	$	1.9		$	13.9
Provision for warranties	2.4			0.5
Settlements made ⁽¹⁾	(2.5		)	(12.5		)
Other adjustments, including currency translation	0.2			—
Ending balance, December 31	$	2.0		$	1.9

⁽¹⁾ The decrease in settlements made during the year ended December 31, 2016 is primarily driven by the settlement during the year ended December 31, 2015 of the 2014 low level defect on one new version of the MEMs microphone.