Product Support Liabilities (Tables)

3 Months Ended

Mar. 31, 2022

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities, Warranty Reserves

WARRANTY RESERVES	2022			2021
Balance at January 1	$	344.3		$	389.7
Cost accruals		73.6			80.5
Payments		(88.2	)		(109.6	)
Change in estimates for pre-existing warranties		23.1			18.8
Currency translation and other		(3.0	)		(2.5	)
Balance at March 31	$	349.8		$	376.9

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

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS		2022			2021
Balance at January 1	$	775.2		$	795.8
Deferred revenues		146.1			116.0
Revenues recognized		(119.3	)		(117.1	)
Currency translation		(9.1	)		(10.0	)
Balance at March 31	$	792.9		$	784.7