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Warranty Costs
12 Months Ended
Dec. 31, 2022
Guarantees [Abstract]  
Warranty Costs

8. Warranty Costs

The contractual warranty period of the Company’s products generally ranges from three months to two years with certain warranties extending for longer periods. Estimated expenses related to product warranties are accrued at the time products are sold to customers and are recorded in accruals and other current liabilities on the consolidated balance sheet. Estimates are established using historical information as to the nature, frequency and average costs of warranty claims. Changes in the carrying amount of accrued product warranty costs for each of the years ended December 31, 2022, 2021 and 2020 are as follows:

 

 

 

Years Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Balance at beginning of year

 

$

8.3

 

 

$

9.6

 

 

$

10.0

 

Accrued current period warranty expense

 

 

3.3

 

 

 

3.7

 

 

 

3.5

 

Payments and adjustments

 

 

(2.1

)

 

 

(5.0

)

 

 

(3.9

)

Balance at end of year

 

$

9.5

 

 

$

8.3

 

 

$

9.6