Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2015

Accrued Expenses and Other Liabilities [Abstract]

Accrued Expenses and Other Liabilities [Text Block]

7. Other Accrued Expenses and Other Liabilities

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

	December 31, 2015		December 31, 2014
Warranty	$	41,502	$	46,704
Unearned/deferred revenue	28,072		20,678
Taxes other than income	25,180		28,452
Accrued interest	30,262		31,318
Accrued volume discounts	16,402		16,352
Accrued commissions (non-employee)	10,949		12,799
Restructuring and exit costs	13,991		22,021
Cross-currency swap	—		15,567
Other (none of which are individually significant)	69,613		72,386
	$	235,971	$	266,277

The Company's Swiss franc cross-currency net investment hedge was settled on October 13, 2015. See Note 10 Financial Instruments for additional information.

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

	December 31, 2015		December 31, 2014
Deferred compensation	$	74,665	$	93,977
Defined benefit and other postretirement benefit plans	195,095		229,128
Unrecognized tax benefits	79,992		94,875
Unearned/deferred revenue	12,437		8,599
Legal and environmental	30,032		31,841
Warranty	2,964		2,684
Other (none of which are individually significant)	19,770		21,236
	$	414,955	$	482,340

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, 2015 and 2014 are as follows:

	2015			2014
Beginning Balance, January 1	$	49,388		$	42,924
Provision for warranties	51,392			60,833
Settlements made	(55,715		)	(56,746		)
Other adjustments, including acquisitions and currency translation	(599		)	2,377
Ending balance, December 31	$	44,466		$	49,388