Product Support Liabilities (Tables)

3 Months Ended

Mar. 31, 2021

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities, Warranty Reserves

WARRANTY RESERVES	2021			2020
Balance at January 1	$	389.7		$	440.0
Cost accruals		80.5			97.9
Payments		(109.6	)		(110.3	)
Change in estimates for pre-existing warranties		18.8			25.9
Currency translation and other		(2.5	)		(6.1	)
Balance at March 31	$	376.9		$	447.4

Changes in Deferred Revenues on Extended Warranties and R&M Contracts

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS		2021			2020
Balance at January 1	$	795.8		$	801.4
Deferred revenues		116.0			107.9
Revenues recognized		(117.1	)		(107.1	)
Currency translation		(10.0	)		(13.0	)
Balance at March 31	$	784.7		$	789.2