Product Support Liabilities (Tables)

9 Months Ended

Sep. 30, 2017

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities, Warranty Reserves

WARRANTY RESERVES		2017			2016
Balance at January 1	$	282.1		$	346.2
Cost accruals		168.7			159.7
Payments		(177.6	)		(194.9	)
Change in estimates for pre-existing warranties		.1			(2.5	)
Currency translation		12.6			(6.7	)
Balance at September 30	$	285.9		$	301.8

Changes in Product Support Liabilities, Deferred Revenues on Extended Warranties and R&M Contracts

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS		2017			2016
Balance at January 1	$	573.5		$	524.8
Deferred revenues		272.3			276.5
Revenues recognized		(239.6	)		(205.6	)
Currency translation		32.8			(7.2	)
Balance at September 30	$	639.0		$	588.5