Product Warranty (Tables)

3 Months Ended

Mar. 31, 2024

Guarantees and Product Warranties [Abstract]

Schedule of Warranty Reserve Activity

The warranty reserve activity for the three months ended March 31, 2024 and 2023, including deferred revenue associated with the Company's extended warranties that have been sold, was as follows (in millions):

	Three Months Ended March 31,
	2024		2023
Balance at beginning of period	$	800.8	$	640.0
Accruals for warranties issued	92.1		89.7
Settlements made and deferred revenue recognized	(82.0)		(64.5)
Foreign currency translation	(17.8)		11.8
Balance at March 31	$	793.1	$	677.0