Product Support Liabilities (Tables)

6 Months Ended

Jun. 30, 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		157.1			147.7
Payments		(206.4	)		(224.7	)
Change in estimates for pre-existing warranties		29.7			47.6
Currency translation and other		(1.4	)		(4.6	)
Balance at June 30	$	368.7		$	406.0

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		232.5			187.4
Revenues recognized		(238.7	)		(209.5	)
Currency translation		(6.3	)		(8.5	)
Balance at June 30	$	783.3		$	770.8