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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
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,
2020
 
December 31,
2019
Accrued expenses and other current liabilities
$
64.0

 
$
63.0

Other noncurrent liabilities
468.6

 
484.4

Total asbestos-related liabilities
$
532.6

 
$
547.4

 
 
 
 
Other current assets
$
48.7

 
$
66.2

Other noncurrent assets
229.0

 
237.8

Total asset for probable asbestos-related insurance recoveries
$
277.7

 
$
304.0


Cost Income Asbestos Related Claims After Recoveries
The net income (expense) associated with these transactions, for the three months ended March 31, were as follows:
 
Three months ended
In millions
2020
 
2019
Continuing operations
$
15.6

 
$
(1.8
)
Discontinued operations
(4.9
)
 
(3.0
)
Total
$
10.7

 
$
(4.8
)

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
2020
 
2019
Balance at beginning of period
$
251.4

 
$
245.6

Reductions for payments
(32.7
)
 
(31.2
)
Accruals for warranties issued during the current period
30.1

 
33.5

Changes to accruals related to preexisting warranties
(5.7
)
 
(1.0
)
Translation
(0.9
)
 
(0.3
)
Balance at end of period
$
242.2

 
$
246.6


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
2020
 
2019
Balance at beginning of period
$
302.8

 
$
290.6

Amortization of deferred revenue for the period
(28.8
)
 
(27.1
)
Additions for extended warranties issued during the period
30.9

 
28.4

Changes to accruals related to preexisting warranties
(0.2
)
 
(0.2
)
Translation
(0.9
)
 

Balance at end of period
$
303.8

 
$
291.7