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Product Warranty (Tables)
9 Months Ended
Sep. 30, 2014
Product Warranty [Abstract]  
Schedule of Warranty Reserve Activity
The warranty reserve activity for the three and nine months ended September 30, 2014 and 2013 consisted of the following (in millions):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Balance at beginning of period
$
303.9

 
$
293.8

 
$
294.9

 
$
256.9

Acquisition
0.5

 

 
0.5

 

Accruals for warranties issued during the period
51.0

 
40.6

 
149.9

 
150.1

Settlements made (in cash or in kind) during the period
(59.3
)
 
(44.5
)
 
(150.1
)
 
(111.6
)
Foreign currency translation
(13.7
)
 
7.3

 
(12.8
)
 
1.8

Balance at September 30
$
282.4

 
$
297.2

 
$
282.4

 
$
297.2