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Product Warranty (Tables)
6 Months Ended
Jun. 30, 2012
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability
The following table summarizes the activity in the product warranty accrual accounts:

(millions of dollars)
2012
 
2011
Beginning balance, January 1
$
72.7

 
$
66.8

Acquisition

 
4.5

Provisions
17.1

 
24.1

Payments
(16.5
)
 
(25.4
)
Translation adjustment
(0.9
)
 
3.7

Ending balance, June 30
$
72.4

 
$
73.7



The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows:
 
June 30,
 
December 31,
(millions of dollars)
2012
 
2011
Accounts payable and accrued expenses
$
38.6

 
$
38.6

Other non-current liabilities
33.8

 
34.1

Total product warranty liability
$
72.4

 
$
72.7