Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts and Reserves

Allowances for Doubtful Accounts

Changes in the allowances for doubtful accounts were as follows:


	Year Ended December 31,
(in millions)	2020		2019		2018
Balance at beginning of year	$	6.7	$	6.5	$	5.4
Additions charged to expense	8.0		1.6		0.3
Deductions - write offs	(3.0)		(2.6)		(1.1)
Acquisitions	—		1.3		2.2
Foreign exchange changes	(0.3)		(0.1)		(0.3)
Balance at end of year	$	11.4	$	6.7	$	6.5

Allowances for Sales Discounts and Other Credits

Changes in the allowances for sales discounts and returns were as follows:


	Year Ended December 31,
(in millions)	2020		2019		2018
Balance at beginning of year	$	7.7	$	7.8	$	9.7
Additions charged to expense	12.2		13.5		12.7
Deductions	(7.9)		(13.7)		(11.1)
Reclass to Other current liabilities(1)	—		—		(3.4)
Acquisitions	—		—		0.3
Foreign exchange changes	0.2		0.1		(0.4)
Balance at end of year	$	12.2	$	7.7	$	7.8

(1) On January 1, 2018, the Company adopted accounting standard ASU 2014-09, Revenue from Contracts with Customers and all related amendments (Topic 606), applying the modified retrospective transition method to all customer contracts that were not completed as of January 1, 2018. As a result, the allowance for returns has been reclassified from "Accounts receivable, net" to "Other current liabilities." For more information, see "Note 2. Recent Accounting Pronouncements and Adopted Accounting Standards" to the consolidated financial statements contained in Part II, Item 8. of this report.

Allowances for Cash Discounts

Changes in the allowances for cash discounts were as follows:


	Year Ended December 31,
(in millions)	2020		2019		2018
Balance at beginning of year	$	2.0	$	1.7	$	3.0
Additions charged to expense	19.7		22.2		19.6
Deductions - discounts taken	(19.9)		(21.8)		(21.3)
Acquisitions	—		—		0.5
Foreign exchange changes	0.1		(0.1)		(0.1)
Balance at end of year	$	1.9	$	2.0	$	1.7

Warranty Reserves

Changes in the reserve for warranty claims were as follows:


	Year Ended December 31,
(in millions)	2020		2019		2018
Balance at beginning of year	$	5.4	$	4.9	$	4.1
Provision for warranties issued	3.5		3.9		4.1
Deductions - settlements made (in cash or in kind)	(3.1)		(3.4)		(3.1)

Foreign exchange changes	0.3		—		(0.2)
Balance at end of year	$	6.1	$	5.4	$	4.9

Income Tax Valuation Allowance

Changes in the deferred tax valuation allowances were as follows:


	Year Ended December 31,
(in millions)	2020		2019		2018
Balance at beginning of year	$	51.6	$	50.8	$	45.0

Debits (Credits) to expense	2.2		0.4		6.9


Foreign exchange changes	1.6		0.4		(1.1)
Balance at end of year	$	55.4	$	51.6	$	50.8