Supplemental Balance Sheet Information (Tables)

9 Months Ended

Sep. 27, 2015

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 classification	September 27, 2015		December 28, 2014
Cash (a)	Cash	$	71.5	$	141.4
Allowance for doubtful accounts	Accounts receivable	$	6.9	$	7.8
Income tax receivable	Prepaid expenses and other current assets	$	2.8	$	13.6
Deferred compensation assets	Other assets, net	$	46.9	$	49.6
Salaries and wages	Accrued liabilities	$	88.5	$	108.7
Customer deposits and credits	Accrued liabilities	$	44.5	$	47.9
Pension obligation - foreign plans	Other long-term liabilities	$	13.7	$	14.2
Postretirement benefits	Other long-term liabilities	$	11.0	$	11.6
Deferred compensation liabilities	Other long-term liabilities	$	43.8	$	45.8
Deferred tax liabilities	Other long-term liabilities	$	89.4	$	77.3

Company's Product Warranty Reserve

Changes in the Company’s product warranty reserve during the first nine months of 2015 and 2014 are as follows (in millions):

	Nine Months
	2015			2014
Balance at beginning of year	$	18.5		$	17.3
Accruals for product warranties charged to expense	4.6			2.7
Cost of product warranty claims	(5.5		)	(4.1		)
Acquisitions	0.2			0.1
Balance at end of period	$	17.8		$	16.0