v3.5.0.2
Summary of Significant Accounting Policies and Nature of Business (Tables)
 12 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Activity in Allowance for Doubtful Accounts During the Years

Activity in our allowance for doubtful accounts during the years ended December 31, 2015, 2014 and 2013 is set forth in the table below:

 

(In millions)

    Balance at
beginning of
period		      Charged to
costs and
expenses,
net of
recoveries		      Charged to
other
accounts (1)		     Deductions (2)     Balance at
end of
period		  

2015

             

Allowance for doubtful accounts

    $ 4.9       $ 1.6       $ (0.1 )    $ (0.5 )    $ 5.9   

2014

             

Allowance for doubtful accounts

      4.2         0.9         (0.1 )      (0.1 )      4.9   

2013

             

Allowance for doubtful accounts

      2.1         2.8         —          (0.7 )      4.2   

 

(1)  Represents the foreign currency translation due to the change in exchange rate during the period.
(2) Accounts receivable balances written off during the period, net of recoveries.
Schedule of Estimated Useful Lives of Assets

As of December 31, 2015, the estimated useful lives of our assets are as follows:

 

Buildings

    27-39 years

Land improvements

    15-25 years

Chemical manufacturing plants

    25 years

Machinery and equipment

    2-25 years

Dies and moulds

    3-10 years

Office furniture and equipment

    2-10 years

Computer equipment and software

    3-10 years
Schedule of Activity in Warranty Liabilities

Activity in our warranty liabilities for the years ended December 31, 2015, 2014 and 2013 is as follows:

 

(In millions)

    2015      2014      2013  

Beginning balance, January 1,

    $ 13.5       $ 12.6       $ 13.6   

Warranty provisions

      4.4         4.3         4.2   

Foreign currency translation loss

      (1.3 )       (0.5 )       (0.4 ) 

Warranty claims paid

      (1.4 )       (2.9 )       (4.8 ) 
  

 

 

     

 

 

     

 

 

  

Ending balance, December 31,

    $ 15.2       $ 13.5       $ 12.6