Deferred Revenue and Extended Product Warranties (Tables)

3 Months Ended

Mar. 31, 2015

Deferred Revenue and Extended Product Warranties

Schedule of product warranty deferred revenue liability

Deferred revenue recorded in the Condensed Consolidated Balance Sheets includes the following related to roofing systems extended product warranty contracts:

	March 31,		December 31,
(in millions)	2015		2014
Deferred revenue
Current	$	17.5	$	17.5
Long-term	151.1		150.7
Deferred revenue liability	$	168.6	$	168.2

Other deferred revenue recognized in the Condensed Consolidated Balance Sheets as of March 31, 2015 and December 31, 2014, mainly related to contracts on brake pads, was as follows:

	March 31,		December 31,
(in millions)	2015		2014
Deferred revenue
Current	$	0.4	$	0.4
Long-term	0.3		0.4
Deferred revenue liability	$	0.7	$	0.8