Accrued Liabilities

9 Months Ended

Sep. 30, 2021

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Accrued Liabilities

Accrued Liabilities

Accrued liabilities consist of: 

(in millions)	September 30, 2021		December 31, 2020
Employee related expenses	$	148.0	$	120.5
Warranty	9.3		8.1
Current lease liabilities	22.7		23.0
Contract liabilities	87.5		103.0
Other	127.9		133.4
Total	$	395.4	$	388.0

We accrue warranty liabilities when it is probable that an asset has been impaired or a liability has been incurred and the amount of the loss can be reasonably estimated. Warranty provision is included within “Cost of sales” in our Condensed Consolidated Statements of Operations.

The following table summarizes warranty activity recorded during the three and nine months ended September 30, 2021 and 2020.

	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2021		2020		2021		2020
Balance at beginning of period	$	10.5	$	8.8	$	8.1	$	9.8
Expense	1.0		2.2		7.0		7.3
Changes due to acquisitions	—		0.3		—		0.3
Payments / deductions	(2.1)		(1.7)		(5.7)		(7.8)
Currency translation	(0.1)		0.1		(0.1)		0.1
Balance at end of period	$	9.3	$	9.7	$	9.3	$	9.7