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Guarantees and Product Warranties (Tables)
3 Months Ended
Mar. 31, 2016
Guarantees and Product Warranties Disclosure [Abstract]  
Changes in warranty liability balance
Changes in the Company’s warranty liability balance are illustrated in the following table:
 
 
2016
 
2015
Balance at January 1
 
$
73.6

 
$
113.3

Current period accruals
 
1.7

 
9.9

Current period settlements
 
(10.7
)
 
(12.7
)
Currency translation adjustment
 
4.0

 
(13.4
)
Balance at March 31
 
$
68.6

 
$
97.1