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Product Warranty
12 Months Ended
Dec. 31, 2017
Product Warranties Disclosures [Abstract]  
Product warranty
PRODUCT WARRANTY

The changes in the carrying amount of the Company’s total product warranty liability for the years ended December 31, 2017 and 2016 were as follows:
(millions of dollars)
2017
 
2016
Beginning balance, January 1
$
95.3

 
$
107.9

Provisions
73.1

 
62.2

Acquisitions
1.0

 
6.9

Dispositions

 
(9.1
)
Held for sale
(3.6
)
 

Payments
(60.6
)
 
(70.1
)
Translation adjustment
6.3

 
(2.5
)
Ending balance, December 31
$
111.5

 
$
95.3



Acquisition activity in 2017 of $1.0 million relates to the warranty liability associated with the Company's purchase of Sevcon.

Acquisition activity in 2016 of $6.9 million relates to the Company's accrual for product issues that pre-dated the Company's 2015 acquisition of Remy. Disposition activity in 2016 of $9.1 million relates to the sale of the Remy light vehicle aftermarket business.

The product warranty liability is classified in the Consolidated Balance Sheets as follows:
 
December 31,
(millions of dollars)
2017
 
2016
Accounts payable and accrued expenses
$
69.0

 
$
63.9

Other non-current liabilities
42.5

 
31.4

Total product warranty liability
$
111.5

 
$
95.3