Supplemental Balance Sheet Information (Tables)

3 Months Ended

Mar. 31, 2013

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Selected components of balance sheet

The following table presents the balance of selected components of Teledyne’s balance sheet (in millions):

Balance sheet items	Balance sheet location	March 31, 2013		December 30, 2012
Deferred compensation assets	Other assets	$	39.7	$	37.8
Prepaid pension asset	Other assets	$	32.5	$	—
Salaries and wages	Accrued liabilities	$	77.4	$	101.6
Customer deposits and credits	Accrued liabilities	$	69.2	$	66.5
Deferred compensation liabilities	Other long-term liabilities	$	38.3	$	36.1

Company's product warranty reserve

Changes in the Company’s product warranty reserve during the first three months of 2013 and 2012 are as follows (in millions):

	First Quarter
	2013			2012
Balance at beginning of year	$	17.8		$	13.3
Accruals for product warranties charged to expense	1.8			3.3
Cost of product warranty claims	(1.5		)	(1.2		)
Acquisitions	0.5			—
Balance at end of period	$	18.6		$	15.4