Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017		December 31, 2016
Accrued expenses and other current liabilities	$	59.4	$	61.5
Other noncurrent liabilities	556.9		569.7
Total asbestos-related liabilities	$	616.3	$	631.2

Other current assets	$	52.7	$	54.0
Other noncurrent assets	212.3		218.5
Total asset for probable asbestos-related insurance recoveries	$	265.0	$	272.5

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:



	Three months ended
In millions	2017			2016
Continuing operations	$	—		$	1.9
Discontinued operations	(3.3		)	24.0
Total	$	(3.3	)	$	25.9

Schedule of Product Warranty Liability [Table Text Block]

The changes in the standard product warranty liability for the three months ended March 31 were as follows:



In millions	2017			2016
Balance at beginning of period	$	261.6		$	262.0
Reductions for payments	(31.1		)	(23.4		)
Accruals for warranties issued during the current period	28.3			25.1
Changes to accruals related to preexisting warranties	(1.8		)	0.6
Translation	1.2			1.8
Balance at end of period	$	258.2		$	266.1

Extended Warranty [Member]

Schedule of Product Warranty Liability [Table Text Block]

The changes in the extended warranty liability for the three months ended March 31 were as follows:



In millions	2017			2016
Balance at beginning of period	$	295.9		$	311.6
Amortization of deferred revenue for the period	(25.1		)	(24.2		)
Additions for extended warranties issued during the period	24.4			19.4
Changes to accruals related to preexisting warranties	0.5			(1.0		)
Translation	0.3			1.0
Balance at end of period	$	296.0		$	306.8