Product Support Liabilities (Tables)

12 Months Ended

Dec. 31, 2017

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities, Warranty Reserves

WARRANTY RESERVES	2017			2016			2015
Balance at January 1	$	282.1		$	346.2		$	310.8
Cost accruals		242.1			211.9			294.8
Payments		(236.8	)		(255.7	)		(228.8	)
Change in estimates for pre-existing warranties		(2.0	)		(7.3	)		(21.3	)
Currency translation		13.4			(13.0	)		(9.3	)
Balance at December 31	$	298.8		$	282.1		$	346.2

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			2015
Balance at January 1	$	573.5		$	524.8		$	462.0
Deferred revenues		371.8			347.6			333.0
Revenues recognized		(328.2	)		(274.3	)		(248.4	)
Currency translation		36.8			(24.6	)		(21.8	)
Balance at December 31	$	653.9		$	573.5		$	524.8

Product Support Liabilities

Product support liabilities are included in the accompanying Consolidated Balance Sheets as follows:

	WARRANTY RESERVES				DEFERRED REVENUES
At December 31,		2017		2016		2017		2016
Truck, Parts and Other:
Accounts payable, accrued expenses and other	$	176.0	$	181.4	$	196.1	$	162.8
Other liabilities		122.8		100.7		441.0		395.7
Financial Services:
Deferred taxes and other liabilities						16.8		15.0
	$	298.8	$	282.1	$	653.9	$	573.5