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Other Current Liabilities
12 Months Ended
Dec. 31, 2018
Other Current Liabilities  
Other Current Liabilities

Note 10—Other Current Liabilities

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

 

 

 

 

 

 

 

 

 

    

2018

    

2017

Deferred revenue

 

$

96.3

 

$

87.0

Accrued compensation

 

 

104.2

 

 

105.4

Accrued warranty

 

 

19.7

 

 

20.6

Contingent consideration

 

 

7.1

 

 

6.5

Income taxes payable

 

 

36.8

 

 

28.1

Other taxes payable

 

 

23.4

 

 

16.7

Derivative liabilities

 

 

4.2

 

 

2.4

Other accrued expenses

 

 

60.2

 

 

55.3

Other current liabilities

 

$

351.9

 

$

322.0

 

The following table sets forth the changes in accrued warranty for the years ended December 31, 2018, 2017 and 2016 (in millions):

 

 

 

 

 

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

Accruals for warranties issued during the year

 

 

21.3

Settlements of warranty claims

 

 

(21.5)

Foreign currency impact

 

 

(0.7)

Balance at December 31, 2018

 

$

19.7