Supplemental Balance Sheet Information (Tables)

9 Months Ended

Sep. 30, 2012

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	September 30, 2012		January 1, 2012
Deferred compensation assets	Other assets	$	38.1	$	32.9
Salaries and wages	Accrued liabilities	$	88.5	$	93.5
Customer deposits and credits	Accrued liabilities	$	50.5	$	55.9
Deferred compensation liabilities	Other long-term liabilities	$	36.0	$	31.7

Company's product warranty reserve

Changes in the Company’s product warranty reserve during the first nine months of 2012 and 2011 are as follows (in millions):

	Nine Months
	2012			2011
Balance at beginning of year	$	13.3		$	13.0
Accruals for product warranties charged to expense	7.7			5.5
Cost of product warranty claims	(4.4		)	(4.8		)
Acquisitions	1.7			1.1
Balance at end of period	$	18.3		$	14.8