7.	Accrued Expenses and Other Liabilities

The following table details the major components of other accrued expenses:

	December 31, 2011		December 31, 2010

Warranty	$	38,378	$	38,885
Unearned/deferred revenue		37,590		52,400
Taxes other than income		27,318		26,443
Accrued interest		30,747		27,679
Accrued volume discounts		17,243		13,774
Accrued commissions (non-employee)		11,069		9,629
Restructuring and exit		5,016		5,282
Legal and environmental		1,920		2,973
Other (none of which are individually significant)		65,101		50,939
	$	234,382	$	228,004

The following table details the major components of other liabilities (non-current):

	December 31, 2011		December 31, 2010

Deferred compensation	$	358,647	$	255,347
Tax reserves		182,891		196,446
Unearned/deferred revenue		44,259		47,768
Legal and environmental		18,910		19,234
Warranty		4,146		1,147
Restructuring and exit		576		2,337
Other, including net investment hedge		41,175		39,730
	$	650,604	$	562,009

Warranty

Estimated warranty program claims are provided for at the time of sale. Amounts provided for are based on historical costs and adjusted for new claims. The changes in the carrying amount of product warranties through December 31, 2011 and 2010 are as follows:

	2011			2010
Beginning Balance, January 1	$	40,032		$	41,232
Provision for warranties		35,313			37,354
Settlements made		(35,706	)		(37,692	)
Other adjustments, including acquisitions and currency translation		2,885			(862	)
Ending Balance, December 31	$	42,524		$	40,032

During the year ended December 31, 2011, one of the Company's businesses changed its classification of amounts relating to the remaining performance period under extended warranty programs from warranty accruals to deferred revenue. For the year ended December 31, 2010, a total of $13,784 that had previously been reported within warranty liabilities was reclassified to current and noncurrent deferred revenue to conform to the current year presentation.

Restructuring

From time to time, the Company will initiate various restructuring programs and incur severance and other restructuring costs. Prior to January 1, 2009, the Company established reserves related to severance and facility closings in connection with certain acquisitions, which were established through the purchase accounting for these acquisitions, as allowed under accounting guidance in effect at the time. These reserves were substantially settled in 2010.

In late 2008, the Company announced plans to substantially increase its restructuring efforts in response to the significant decline in global economic activity at the time. As a result, in 2009 the Company recorded restructuring charges totaling $67,322 for workforce reductions and facility rationalizations. The majority of these activities were carried out in 2009. Restructuring initiatives in 2010 and 2011 were minor, and the Company does not anticipate significant restructuring charges in 2012.

The following table details the Company's severance and exit reserve activity for the years ended December 31, 2011, 2010 and 2009:

	Severance			Exit			Total
At December 31, 2008 (A)	$	7,203		$	21,485		$	28,688
Provision		51,558			15,764			67,322
Payments		(50,617	)		(12,543	)		(63,160	)
Purchase accounting		-			(16,074	)		(16,074	)
Other		8			(1,378	)		(1,370	)
At December 31, 2009 (B)		8,152			7,254			15,406
Provision		2,948			3,212			6,160
Payments		(9,732	)		(4,484	)		(14,216	)
Other		(225	)		494			269
At December 31, 2010		1,143			6,476			7,619
Provision		2,382			3,313			5,695
Payments		(992	)		(5,991	)		(6,983	)
Other		(70	)		(669	)		(739	)
At December 31, 2011	$	2,463		$	3,129		$	5,592

___________

(A) Includes $27,864 for acquisition-related restructuring accruals established in purchase accounting.

(B) Includes $895 for acquisition-related restructuring accruals established in purchase accounting. This balance was settled in 2010.

A summary of restructuring charges by segment and income statement classification is as follows:

	Years Ended December 31,
	2011		2010		2009
Communication Technologies	$	1,684	$	344	$	9,431
Energy		2,668		1,048		7,313
Engineered Systems		1,193		4,085		21,068
Printing & Identification		150		683		29,510
Total	$	5,695	$	6,160	$	67,322

Classified in the Statements of Operations as follows:

Cost of goods and services	$	2,706	$	2,078	$	18,344
Selling and administrative expenses		2,989		4,082		48,978
Total	$	5,695	$	6,160	$	67,322