Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Summary of changes in the total warranty liabilities

Liabilities for estimated product warranty costs related to continuing operations are included in the following captions on the accompanying Consolidated Balance Sheets (in millions):

	As of September 30, 2020		As of December 31, 2019
Accrued expenses	$	37.0	$	38.2
Other liabilities	80.4		74.6
Total warranty liability	$	117.4	$	112.8

The changes in product warranty liabilities related to continuing operations for the nine months ended September 30, 2020 were as follows (in millions):

Total warranty liability as of December 31, 2019	$	112.8
Warranty claims paid	(26.9)
Changes resulting from issuance of new warranties	31.2
Changes in estimates associated with pre-existing liabilities	0.3
Changes in foreign currency translation rates and other	—
Total warranty liability as of September 30, 2020	$	117.4

Schedule of probable insurance recoveries

The following table summarizes the expenses, net of probable insurance recoveries, for known and future asbestos-related litigation recorded in Losses (gains) and other expenses, net in the Consolidated Statements of Operations (in millions):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Expense (gain) for asbestos-related litigation, net	$	2.4	$	1.5	$	1.9	$	3.3

Schedule of unusual or infrequent items, or both

The following table summarizes the components of Loss (gain) from natural disasters, net of insurance recoveries (in millions):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Marshalltown tornado	$	0.4	$	(7.1)	$	3.1	$	(85.4)
Marshalltown wind storm	4.5		—		4.5		—
Loss (gain) from natural disasters, net of insurance recoveries	$	4.9	$	(7.1)	$	7.6	$	(85.4)

The following table summarizes the Loss (gain) from natural disasters, net of insurance recoveries relating to the tornado (in millions):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Insurance recoveries received	$	—	$	10.0	$	—	$	138.0
Losses and expenses incurred:
Site clean-up and remediation	—		(3.5)		—		19.8
Factory inefficiencies due to lower productivity	—		0.8		—		9.3
Other	0.4		5.6		3.1		23.5
Total losses and expenses	$	0.4	$	2.9	$	3.1	$	52.6
Components of Marshalltown tornado in Loss (gain) from natural disasters, net of insurance recoveries:
Insurance proceeds for lost profits	—		(8.3)		—		(73.8)
Loss (gain) from natural disaster, net of insurance recoveries	0.4		1.2		3.1		(11.6)
	$	0.4	$	(7.1)	$	3.1	$	(85.4)

The following table summarizes the Loss (gain) from natural disasters, net of insurance recoveries relating to the wind storm (in millions):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Inventory write-offs	$	0.1	$	—	$	0.1	$	—
Site clean-up and remediation	0.5		—		0.5		—
Building repairs	2.8		—		2.8		—
Factory inefficiencies due to lower productivity	0.2		—		0.2		—
Other	0.9		—		0.9		—
Total losses and expenses	$	4.5	$	—	$	4.5	$	—
Components of Marshalltown wind storm in Loss (gain) from natural disasters, net of insurance recoveries:
Loss (gain) from natural disaster	$	4.5	$	—	$	4.5	$	—