Accrued Expenses (Tables)

3 Months Ended

Mar. 31, 2017

Payables and Accruals [Abstract]

Components of accrued expenses

The components of accrued expenses were as follows:

(in millions)	March 31, 2017		December 31, 2016
Compensation and benefits	$	70.4	$	97.9
Standard product warranties	30.3		29.5
Customer incentives	28.2		58.1
Income and other accrued taxes	19.6		14.2
Other accrued expenses	39.9		47.0
Accrued expenses	$	188.4	$	246.7

Schedule of product warranty liability

The change in standard product warranty liabilities for the three months ended March 31, were as follows:

(in millions)	2017			2016
Balance at January 1	$	29.5		$	28.9
Current year provision	4.4			6.1
Acquired warranty obligation	0.1			—
Current year claims	(3.8		)	(4.4		)
Currency translation	0.1			—
Balance at March 31	$	30.3		$	30.6