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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2012
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
September 30,
2012
 
December 31,
2011
Accrued expenses and other current liabilities
$
69.7

 
$
69.7

Other noncurrent liabilities
818.7

 
868.6

Total asbestos-related liabilities
$
888.4

 
$
938.3

Other current assets
$
23.5

 
$
23.5

Other noncurrent assets
304.0

 
298.9

Total asset for probable asbestos-related insurance recoveries
$
327.5

 
$
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 and nine months ended September 30 were as follows:
 
Three months ended
 
Nine months ended
In millions
2012
 
2011
 
2012
 
2011
Continuing operations
$
7.4

 
$
0.3

 
$
6.4

 
$
(2.3
)
Discontinued operations
(4.7
)
 
(3.0
)
 
(9.7
)
 
(8.6
)
Total
$
2.7

 
$
(2.7
)
 
$
(3.3
)
 
$
(10.9
)
Schedule of Product Warranty Liability [Table Text Block]
The changes in the standard product warranty liability for the nine months ended September 30 were as follows:
In millions
2012
 
2011
Balance at beginning of period
$
264.4

 
$
266.6

Reductions for payments
(114.8
)
 
(125.8
)
Accruals for warranties issued during the current period
117.4

 
135.1

Changes to accruals related to preexisting warranties
(1.3
)
 
(8.4
)
Translation
(0.1
)
 
0.8

Balance at end of period
$
265.6

 
$
268.3

Extended Warranty [Member]
 
Schedule of Product Warranty Liability [Table Text Block]
The changes in the extended warranty liability for the nine months ended September 30 were as follows:
In millions
2012
 
2011
Balance at beginning of period
$
372.0

 
$
364.8

Amortization of deferred revenue for the period
(76.5
)
 
(73.5
)
Additions for extended warranties issued during the period
80.1

 
75.7

Changes to accruals related to preexisting warranties
2.5

 
5.9

Translation
0.4

 
(0.3
)
Balance at end of period
$
378.5

 
$
372.6