XML 160 R35.htm IDEA: XBRL DOCUMENT v3.24.0.1
PRODUCT WARRANTY LIABILITY (Tables)
12 Months Ended
Dec. 31, 2023
PRODUCT WARRANTY LIABILITY  
Summary of Activity in Product Warranty Account

A tabular reconciliation of the product warranty liability, including accrued product campaigns, was as follows:

    

December 31,

In millions

2023

    

2022

    

2021

Balance, beginning of year

$

15.5

$

23.9

$

23.2

Provision for base warranties issued

 

8.6

 

1.6

 

5.9

Payments made during period

 

(6.0)

 

(7.0)

 

(7.6)

Changes in estimates for pre-existing product warranties

 

(4.0)

 

(2.6)

 

2.2

Foreign currency translation and other

 

(0.1)

 

(0.4)

 

0.2

Balance, end of year

$

14.0

$

15.5

$

23.9

Warranty liabilities on Atmus’ Consolidated Balance Sheets were as follows:

    

December 31,

In millions

2023

    

2022

Current portion

$

5.4

$

5.9

Long-term portion

 

8.6

 

9.6

Total

$

14.0

$

15.5