Other Current Liabilities

12 Months Ended

Dec. 31, 2015

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):

	2015		2014
Deferred revenue	$	77.0	$	89.0
Accrued compensation		88.5		87.7
Accrued warranty		19.6		21.6
Income taxes payable		25.1		19.2
Other taxes payable		25.4		17.6
Derivative liabilities		2.2		5.7
Other accrued expenses		65.7		60.6
Other current liabilities	$	303.5	$	301.4

        The following table sets forth the changes in accrued warranty for the years ended December 31, 2015 and 2014 (in millions):

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
Accruals for warranties issued during the year		21.1
Settlements of warranty claims		(21.7	)
Foreign currency impact		(1.4	)
Balance at December 31, 2015	$	19.6