Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2016

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, 2016		December 31, 2015
Accrued expenses and other current liabilities	$	57.7	$	65.7
Other noncurrent liabilities	593.8		648.0
Total asbestos-related liabilities	$	651.5	$	713.7
Other current assets	$	51.0	$	51.3
Other noncurrent assets	226.7		264.3
Total asset for probable asbestos-related insurance recoveries	$	277.7	$	315.6

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	2016		2015			2016		2015
Continuing operations	$	1.9	$	(2.9	)	$	4.0	$	14.8
Discontinued operations	31.8		(1.2		)	51.6		(6.8		)
Total	$	33.7	$	(4.1	)	$	55.6	$	8.0

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	2016			2015
Balance at beginning of period	$	262.0		$	253.6
Reductions for payments	(107.7		)	(104.3		)
Accruals for warranties issued during the current period	103.0			108.8
Accruals for warranties assumed from acquisitions during the current period	—			9.7
Changes to accruals related to preexisting warranties	4.3			(0.1		)
Translation	1.1			(3.6		)
Balance at end of period	$	262.7		$	264.1

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	2016			2015
Balance at beginning of period	$	311.6		$	330.1
Amortization of deferred revenue for the period	(82.9		)	(79.7		)
Additions for extended warranties issued during the period	59.3			65.6
Changes to accruals related to preexisting warranties	13.1			2.9
Translation	0.6			(2.3		)
Balance at end of period	$	301.7		$	316.6