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Other Current Liabilities (Tables)
12 Months Ended
Dec. 31, 2017
Other Current Liabilities  
Summary of other current liabilities

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

                                                                                                                                                                                    

 

 

2017

 

2016

 

Deferred revenue

 

$

87.0

 

$

75.5

 

Accrued compensation

 

 

105.4

 

 

83.8

 

Accrued warranty

 

 

20.6

 

 

18.7

 

Contingent consideration

 

 

6.5

 

 

13.5

 

Income taxes payable

 

 

28.1

 

 

11.3

 

Other taxes payable

 

 

16.7

 

 

12.4

 

Derivative liabilities

 

 

2.4

 

 

1.8

 

Other accrued expenses

 

 

55.3

 

 

52.5

 

​  

​  

​  

​  

Other current liabilities

 

$

322.0

 

$

269.5

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of changes in accrued warranty

        The following table sets forth the changes in accrued warranty for the years ended December 31, 2017, 2016 and 2015 (in millions):

                                                                                                                                                                                    

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

 

Accruals for warranties issued during the year

 

 

17.4

 

Settlements of warranty claims

 

 

(17.8

)

Foreign currency impact

 

 

(0.5

)

​  

​  

Balance at December 31, 2016

 

 

18.7

 

Accruals for warranties issued during the year

 

 

17.0

 

Settlements of warranty claims

 

 

(17.0

)

Foreign currency impact

 

 

1.9

 

​  

​  

Balance at December 31, 2017

 

$

20.6

 

​  

​  

​  

​