Deferred Revenue and Extended Product Warranties (Tables)

6 Months Ended

Jun. 30, 2015

Deferred Revenue and Extended Product Warranties

Schedule of product warranty deferred revenue liability

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

	June 30,		December 31,
(in millions)	2015		2014
Deferred revenue
Current	$	17.6	$	17.5
Long-term	152.7		150.7
Deferred revenue liability	$	170.3	$	168.2

Other deferred revenue recognized in the Condensed Consolidated Balance Sheets as of June 30, 2015 and December 31, 2014, primarily related to contracts on systems sales within the Fluid Technologies segment, was as follows:

	June 30,		December 31,
(in millions)	2015		2014
Deferred revenue
Current	$	12.7	$	0.4
Long-term	0.2		0.4
Deferred revenue liability	$	12.9	$	0.8