Other Current Liabilities

12 Months Ended

Dec. 31, 2013

Other Current Liabilities

Other Current Liabilities

Note 9—Other Current Liabilities

        The following is a summary of other current liabilities at December 31, (in millions):

	2013		2012
Deferred revenue	$	88.1	$	82.5
Accrued compensation		88.0		85.1
Income taxes payable		9.5		60.9
Accrued warranty		26.7		27.9
Derivative liabilities		0.6		0.5
Other accrued expenses		84.9		79.8
Other current liabilities	$	297.8	$	336.7

        The following table sets forth the changes in accrued warranty for the years ended December 31, 2013 and 2012 (in millions):

Balance at December 31, 2011	$	27.9
Accruals for warranties issued during the year		15.7
Settlements of warranty claims		(15.9	)
Foreign currency impact		0.2
Balance at December 31, 2012		27.9
Accruals for warranties issued during the year		15.6
Settlements of warranty claims		(17.3	)
Foreign currency impact		0.5
Balance at December 31, 2013	$	26.7