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Product Warranty (Tables)
12 Months Ended
Dec. 31, 2011
Product Warranties Disclosures [Abstract]  
Product warranty liability [Text Block]
The changes in the carrying amount of the Company’s total product warranty liability for the years ended December 31, 2011 and 2010 were as follows:

(millions of dollars)
2011
 
2010
Beginning balance, January 1
$
66.8

 
$
61.7

Acquisition
4.5

 
3.0

Provisions
47.5

 
39.3

Payments
(43.5
)
 
(35.5
)
Translation adjustment
(2.6
)
 
(1.7
)
Ending balance, December 31
$
72.7

 
$
66.8



The product warranty liability is classified in the Consolidated Balance Sheets as follows:

 
December 31,
(millions of dollars)
2011
 
2010
Accounts payable and accrued expenses
$
38.6

 
$
37.0

Other non-current liabilities
34.1

 
29.8

Total product warranty liability
$
72.7

 
$
66.8