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Product Support Liabilities (Tables)
3 Months Ended
Mar. 31, 2018
Product Warranties Disclosures [Abstract]  
Changes in Product Support Liabilities, Warranty Reserves

 

WARRANTY RESERVES

 

2018

 

 

2017

 

Balance at January 1

 

$

298.8

 

 

$

282.1

 

Cost accruals

 

 

74.6

 

 

 

51.3

 

Payments

 

 

(68.8

)

 

 

(59.1

)

Change in estimates for pre-existing warranties

 

 

10.8

 

 

 

3.7

 

Currency translation and other

 

 

6.2

 

 

 

2.1

 

Balance at March 31

 

$

321.6

 

 

$

280.1

 

 

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

 

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS

 

2018

 

 

2017

 

Balance at January 1

 

$

653.9

 

 

$

573.5

 

Deferred revenues

 

 

115.1

 

 

 

82.8

 

Revenues recognized

 

 

(93.4

)

 

 

(71.8

)

Currency translation

 

 

10.4

 

 

 

4.7

 

Balance at March 31

 

$

686.0

 

 

$

589.2