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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2011
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability
The following table summarizes the activity in the warranty accrual accounts:
 
Six Months Ended
June 30,
(millions of dollars)
2011
 
2010
Beginning balance
$
66.8


 
$
61.7


Acquisition
4.5


 
3.0


Provisions
24.1


 
20.5


Payments
(25.4
)
 
(15.5
)
Translation adjustment
3.7


 
(5.6
)
Ending balance
$
73.7


 
$
64.1






The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows:
 
June 30,
 
December 31,
(millions of dollars)
2011
 
2010
Accounts payable and accrued expenses
$
34.2


 
$
37.0


Other non-current liabilities
39.5


 
29.8


Total product warranty liability
$
73.7


 
$
66.8