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Accrued Liabilities
 6 Months Ended
Jun. 30, 2017
Accrued Liabilities [Abstract]  
Accrued Liabilities
Note 6. Accrued Liabilities

Accrued liabilities as of June 30, 2017 and December 31, 2016 consisted of the following:

  
June 30,
2017
  
December 31,
2016
 
       
Salaries, wages and related fringe benefits
 
$
67.2
  
$
56.5
 
Restructuring
  
10.3
   
20.2
 
Taxes
  
34.6
   
37.1
 
Advance payments on sales contracts
  
59.1
   
43.0
 
Product warranty
  
21.7
   
21.7
 
Accrued interest
  
0.3
   
15.5
 
Other
  
55.2
   
64.5
 
Total accrued liabilities
 
$
248.4
  
$
258.5
 

A reconciliation of the changes in the accrued product warranty liability for the three and six month periods ended June 30, 2017 and 2016 are as follows:

  
Three Months
Ended
June 30,
2017
  
Three Months
Ended
June 30,
2016
  
Six Months
Ended
June 30,
2017
  
Six Months
Ended
June 30,
2016
 
             
Balance at beginning of period
 
$
22.5
  
$
26.4
  
$
21.7
  
$
27.6
 
Product warranty accruals
  
5.2
   
3.7
   
11.1
   
8.6
 
Settlements
  
(6.7
)
  
(5.3
)
  
(12.1
)
  
(11.6
)
Charged to other accounts (1)
  
0.7
   
(0.6
)
  
1.0
   
(0.4
)
Balance at end of period
 
$
21.7
  
$
24.2
  
$
21.7
  
$
24.2
 

(1)
Includes primarily the effects of foreign currency translation adjustments for the Company’s subsidiaries with functional currencies other than the USD, and changes in the accrual related to acquisitions.