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

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

  
September 30,
2017
  
December 31,
2016
 
       
Salaries, wages and related fringe benefits
 
$
83.0
  
$
56.5
 
Restructuring
  
9.1
   
20.2
 
Taxes
  
43.1
   
37.1
 
Advance payments on sales contracts
  
55.5
   
43.0
 
Product warranty
  
23.6
   
21.7
 
Accrued interest
  
0.5
   
15.5
 
Other
  
60.1
   
64.5
 
Total accrued liabilities
 
$
274.9
  
$
258.5
 
 
A reconciliation of the changes in the accrued product warranty liability for the three and nine month periods ended September 30, 2017 and 2016 are as follows:

  
Three Months
Ended
September 30,
2017
  
Three Months
Ended
September 30,
2016
  
Nine Months
Ended
September 30,
2017
  
Nine Months
Ended
September 30,
2016
 
             
Balance at beginning of period
 
$
21.7
  
$
24.2
  
$
21.7
  
$
27.6
 
Product warranty accruals
  
6.7
   
3.6
   
17.8
   
12.2
 
Settlements
  
(5.0
)
  
(5.5
)
  
(17.1
)
  
(17.2
)
Charged to other accounts (1)
  
0.2
   
(0.5
)
  
1.2
   
(0.8
)
Balance at end of period
 
$
23.6
  
$
21.8
  
$
23.6
  
$
21.8
 

(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.