Accrued Liabilities

9 Months Ended

Sep. 30, 2020

Payables and Accruals [Abstract]

Accrued Liabilities

Accrued Liabilities

Accrued liabilities as of September 30, 2020 and December 31, 2019 consisted of the following.

	September 30, 2020		December 31, 2019
Salaries, wages and related fringe benefits	$	194.5	$	60.7
Contract liabilities	165.3		51.7
Product warranty	53.2		22.7
Operating lease liabilities	51.2		17.1
Restructuring	22.9		5.0
Taxes	148.0		22.5
Other	125.9		64.4
Total accrued liabilities	$	761.0	$	244.1

A reconciliation of the changes in the accrued product warranty liability for the three and nine month periods ended September 30, 2020 and 2019 are as follows.

	For the Three Month Period Ended September 30,				For the Nine Month Period Ended September 30,
	2020		2019		2020		2019
Balance at beginning of period	$	53.9	$	23.4	$	22.7	$	23.9
Product warranty accruals	10.4		8.4		21.2		23.0
Acquired warranty	—		—		31.3		—
Settlements	(11.9)		(8.6)		(22.7)		(23.7)
Charged to other accounts(1)	0.8		(0.5)		0.7		(0.5)
Balance at end of period	$	53.2	$	22.7	$	53.2	$	22.7

(1)Primarily the effects of foreign currency translation adjustments