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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2020
Product Warranties Disclosures [Abstract]  
Schedule of Warranty Reserve Activity

The warranty reserve activity for the three and six months ended June 30, 2020 and 2019 consisted of the following (in millions):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Balance at beginning of period
$
384.6

 
$
361.3

 
$
392.8

 
$
360.9

Accruals for warranties issued during the period
57.6

 
48.0

 
113.9

 
99.1

Settlements made (in cash or in kind) during the period
(38.2
)
 
(40.2
)
 
(87.6
)
 
(87.6
)
Foreign currency translation
5.0

 
2.8

 
(10.1
)
 
(0.5
)
Balance at June 30
$
409.0

 
$
371.9

 
$
409.0

 
$
371.9