Warranty

The Company provides for warranties on certain products. The following is a reconciliation of warranty reserves for the years ended July 31, 2016 and 2015 (in millions):



	Year Ended July 31,
	2016			2015
Balance at beginning of period	$	8.6		$	9.0
Accruals for warranties issued during the reporting period	4.6			3.7
Accruals related to pre-existing warranties (including changes in estimates)	2.9			0.4
Less settlements made during the period	(4.2		)	(4.5		)
Balance at end of period	$	11.9		$	8.6

There were no significant specific warranty matters accrued for during the years ended July 31, 2016 and 2015. These warranty matters are not expected to have a material impact on the Company’s results of operations, liquidity or financial position. There were no significant settlements made during the years ended July 31, 2016 and 2015.