Other Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2019

Other Current Liabilities

Schedule of other current liabilities

The following is a summary of other current liabilities at December 31, 2019 and 2018 (dollars in millions):

	2019		2018
Deferred revenue	$	102.6	$	96.3
Accrued compensation		105.7		104.2
Accrued warranty		21.1		19.7
Contingent consideration		12.6		7.1
Income taxes payable		52.4		36.8
Other taxes payable		17.5		23.4
Derivative liabilities		1.2		4.2
Operating leases		20.6		—
Other accrued expenses		55.1		60.2
Other current liabilities	$	388.8	$	351.9

Schedule of changes in accrued warranty

The following table sets forth the changes in accrued warranty for the years ended December 31, 2019, 2018 and 2017 (dollars in millions):

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
Accruals for warranties issued during the year		24.5
Settlements of warranty claims		(22.9)
Foreign currency impact		(0.2)
Balance at December 31, 2019	$	21.1