XML 22 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Product Warranty (Tables)
9 Months Ended
Sep. 30, 2013
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability
The following table summarizes the activity in the product warranty accrual accounts:

(millions of dollars)
2013
 
2012
Beginning balance, January 1
$
64.9

 
$
72.7

Provisions
29.1

 
23.1

Payments
(28.3
)
 
(31.9
)
Translation adjustment
0.7

 
0.2

Ending balance, September 30
$
66.4

 
$
64.1



The product warranty liability is classified in the Condensed Consolidated Balance Sheets as follows:
 
September 30,
 
December 31,
(millions of dollars)
2013
 
2012
Accounts payable and accrued expenses
$
33.3

 
$
33.1

Other non-current liabilities
33.1

 
31.8

Total product warranty liability
$
66.4

 
$
64.9