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Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2019
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,
2019
 
December 31,
2018
Accrued expenses and other current liabilities
$
65.9

 
$
63.3

Other noncurrent liabilities
496.6

 
548.3

Total asbestos-related liabilities
$
562.5

 
$
611.6

 
 
 
 
Other current assets
$
86.2

 
$
69.2

Other noncurrent assets
213.4

 
199.0

Total asset for probable asbestos-related insurance recoveries
$
299.6

 
$
268.2


Cost Income Asbestos Related Claims After Recoveries
The net income (expense) associated with these transactions, for the three and nine months ended September 30, were as follows:
 
Three months ended
 
Nine months ended
In millions
2019
 
2018
 
2019
 
2018
Continuing operations
$
3.7

 
$
0.5

 
$
7.8

 
$
1.3

Discontinued operations
36.0

 
(11.4
)
 
30.5

 
(20.9
)
Total
$
39.7

 
$
(10.9
)
 
$
38.3

 
$
(19.6
)

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
2019
 
2018
Balance at beginning of period
$
278.9

 
$
270.5

Reductions for payments
(116.5
)
 
(120.2
)
Accruals for warranties issued during the current period
121.1

 
122.5

Changes to accruals related to preexisting warranties
3.1

 
5.1

Translation
(1.8
)
 
(1.6
)
Balance at end of period
$
284.8

 
$
276.3


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
2019
 
2018
Balance at beginning of period
$
292.2

 
$
293.0

Amortization of deferred revenue for the period
(88.5
)
 
(84.7
)
Additions for extended warranties issued during the period
98.6

 
83.6

Changes to accruals related to preexisting warranties
(0.3
)
 
0.1

Translation
(0.5
)
 
(0.8
)
Balance at end of period
$
301.5

 
$
291.2