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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2012
Commitments And Contingencies Abstract  
Schedule of Asbestos Related Balances
The Company’s liability for asbestos-related matters and the asset for probable asbestos-related insurance recoveries were included in the following balance sheet accounts:
In millions
March 31,
2012
 
December 31,
2011
Accrued expenses and other current liabilities
$
69.7

 
$
69.7

Other noncurrent liabilities
847.9

 
868.6

Total asbestos-related liabilities
$
917.6

 
$
938.3

Other current assets
$
23.3

 
$
23.5

Other noncurrent assets
299.5

 
298.9

Total asset for probable asbestos-related insurance recoveries
$
322.8

 
$
322.4

Cost Income Asbestos Related Claims After Recoveries
The (costs) income associated with the settlement and defense of asbestos-related claims after insurance recoveries for the three months ended March 31 were as follows:
In millions
2012
 
2011
Continuing operations
$
0.3

 
$
(1.4
)
Discontinued operations
(1.5
)
 
(3.7
)
Total
$
(1.2
)
 
$
(5.1
)
Product Warranty Liability
The following table represents the changes in the product warranty liability for the three months ended March 31:
In millions
2012
 
2011
Balance at beginning of period
$
636.4

 
$
631.4

Reductions for payments
(56.0
)
 
(46.1
)
Accruals for warranties issued during the current period
59.7

 
41.4

Changes to accruals related to preexisting warranties
(1.0
)
 
(0.7
)
Translation
1.3

 
3.0

Balance at end of period
$
640.4

 
$
629.0