Warranties (Tables)

3 Months Ended

Mar. 31, 2023

Product Warranties Disclosures [Abstract]

Schedule of Changes in Warranty Liability and Unearned Extended Warranty Premiums

Changes in the Company’s service-type warranties were as follows (in millions):

	Three Months Ended March 31,
	2023			2022
Balance at beginning of period	$	76.1		$	66.9
Deferred revenue for new service warranties		9.0			7.2
Amortization of deferred revenue		(6.5	)		(4.8	)
Foreign currency translation		0.1			(0.2	)
Balance at end of period	$	78.7		$	69.1

Changes in the Company’s assurance-type warranty liability were as follows (in millions):

	Three Months Ended March 31,
	2023			2022
Balance at beginning of period	$	58.8		$	65.7
Warranty provisions		14.9			11.1
Settlements made		(12.4	)		(13.6	)
Changes in liability for pre-existing warranties, net		(0.7	)		(1.6	)
Disposition of business		(0.5	)		—
Acquisition of business		0.2			—
Balance at end of period	$	60.3		$	61.6