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Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2014
Other Current Liabilities  
Summary of other current liabilities

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

                                                                                                                                                                                    

 

 

2014

 

2013

 

Deferred revenue

 

$

89.0 

 

$

88.1 

 

Accrued compensation

 

 

87.7 

 

 

88.0 

 

Accrued warranty

 

 

21.6 

 

 

26.7 

 

Income taxes payable

 

 

19.2 

 

 

9.5 

 

Other taxes payable

 

 

17.6 

 

 

13.8 

 

Derivative liabilities

 

 

5.7 

 

 

0.6 

 

Other accrued expenses

 

 

60.6 

 

 

71.1 

 

​  

​  

​  

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Other current liabilities

 

$

301.4 

 

$

297.8 

 

​  

​  

​  

​  

​  

​  

​  

​  

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Changes in accrued warranty

        The following table sets forth the changes in accrued warranty for the years ended December 31, 2014 and 2013 (in millions):

                                                                                                                                                                                    

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

 

Accruals for warranties issued during the year

 

 

19.5

 

Settlements of warranty claims

 

 

(22.5

)

Foreign currency impact

 

 

(2.1

)

​  

​  

Balance at December 31, 2014

 

$

21.6

 

​  

​  

​  

​  

​