Standard Product Warranties

3 Months Ended

Mar. 31, 2015

Standard Product Warranties

Standard Product Warranties

Note 15—Standard Product Warranties

The Company offers various warranty programs on its products included in the price of its products, primarily certain installed roofing systems, braking products, high-performance cables and assemblies, and foodservice equipment.  The Company’s liability for such warranty programs is included in Accrued expenses.  The change in the Company’s product warranty liabilities for the three months ended March 31, 2015 and 2014 was as follows:

(in millions)	2015			2014
Balance at January 1	$	15.2		$	14.3
Current year provision	4.0			3.5
Current year claims	(4.5		)	(4.2		)
Balance at March 31	$	14.7		$	13.6