Product Warranty (Tables)

6 Months Ended

Jun. 30, 2022

Guarantees and Product Warranties [Abstract]

Schedule of Warranty Reserve Activity

The warranty reserve activity for the three and six months ended June 30, 2022 and 2021, including deferred revenue associated with the Company's extended warranties that have been sold, was as follows (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Balance at beginning of period	$	614.5	$	542.0	$	592.5	$	521.8
Accruals for warranties issued during the period	61.9		76.8		145.2		170.1
Settlements made (in cash or in kind) during the period	(50.0)		(47.4)		(107.7)		(102.7)
Foreign currency translation	(36.9)		7.9		(40.5)		(9.9)
Balance at June 30	$	589.5	$	579.3	$	589.5	$	579.3