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Reserves for Discounts and Allowances
 3 Months Ended
Mar. 31, 2017
Sales Discounts, Returns and Allowances, Goods [Abstract]  
Reserves for discounts and allowances
Reserves for Discounts and Allowances
An analysis of the change in reserves for discounts and allowances is summarized as follows:
(In millions)
Discounts
 
Contractual
Adjustments
 
Returns
 
Total
Balance, as of December 31, 2016
$
71.6

 
$
482.7

 
$
51.2

 
$
605.5

Current provisions relating to sales in current year
131.3

 
568.2

 
7.6

 
707.1

Adjustments relating to prior years
0.7

 
0.8

 
(6.3
)
 
(4.8
)
Payments/credits relating to sales in current year
(62.3
)
 
(231.7
)
 
—

 
(294.0
)
Payments/credits relating to sales in prior years
(64.4
)
 
(267.5
)
 
(5.4
)
 
(337.3
)
Balance, as of March 31, 2017
$
76.9

 
$
552.5

 
$
47.1

 
$
676.5


The total reserves above, included in our condensed consolidated balance sheets, are summarized as follows:
(In millions)
As of
March 31,
2017
 
As of
December 31,
2016
Reduction of accounts receivable
$
171.2

 
$
166.9

Component of accrued expenses and other
505.3

 
438.6

Total reserves
$
676.5

 
$
605.5