Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Summary of changes in the total warranty liabilities

Liabilities for estimated product warranty costs related to continuing operations are included in the following captions on the accompanying Consolidated Balance Sheets (in millions):

	As of September 30, 2021		As of December 31, 2020
Accrued expenses	$	38.4	$	37.7
Other liabilities	94.7		82.1
Total warranty liability	$	133.1	$	119.8

The changes in product warranty liabilities related to continuing operations for the nine months ended September 30, 2021 were as follows (in millions):

Total warranty liability as of December 31, 2020	$	119.8
Warranty claims paid	(28.1)
Changes resulting from issuance of new warranties	37.2
Changes in estimates associated with pre-existing liabilities	4.2
Changes in foreign currency translation rates and other	—
Total warranty liability as of September 30, 2021	$	133.1

Schedule of probable insurance recoveries

The following table summarizes the expenses, net of probable insurance recoveries, for known and future asbestos-related litigation recorded in Losses (gains) and other expenses, net in the Consolidated Statements of Operations (in millions):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2021		2020		2021		2020
Loss (gain) for asbestos-related litigation, net	$	1.8	$	2.4	$	4.5	$	1.9