Product Support Liabilities (Tables)

9 Months Ended

Sep. 30, 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		237.0			168.7
Payments		(204.4	)		(177.6	)
Change in estimates for pre-existing warranties		27.3			.1
Currency translation and other		(2.2	)		12.6
Balance at September 30	$	356.5		$	285.9

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		331.0			272.3
Revenues recognized		(288.5	)		(239.6	)
Currency translation		(11.9	)		32.8
Balance at September 30	$	684.5		$	639.0