XML 89 R13.htm IDEA: XBRL DOCUMENT v3.20.1
Accrued Liabilities
 3 Months Ended
Mar. 31, 2020
Accrued Liabilities [Abstract]  
Accrued Liabilities
Note 6. Accrued Liabilities

Accrued liabilities as of March 31, 2020 and December 31, 2019 consisted of the following.

  
March 31,
2020
    
December 31,
2019
  
Salaries, wages and related fringe benefits
  
$
131.6
    
$
60.7
  
Contract liabilities
    
162.1
      
51.7
  
Product warranty
    
53.0
      
22.7
  
Operating lease liabilities
    
47.1
      
17.1
  
Restructuring
    
28.4
      
5.0
  
Taxes
    
18.7
      
22.5
  
Other
    
148.8
      
64.4
  
Total accrued liabilities
  
$
589.7
    
$
244.1
  

A reconciliation of the changes in the accrued product warranty liability for the three month periods ended March 31, 2020 and 2019 are as follows.

  
For the
Three Month
Period Ended
March 31,
2020
    
For the
Three Month
Period Ended
March 31,
2019
  
Balance at beginning of period
  
$
22.7
    
$
23.9
  
Product warranty accruals
    
8.1
      
6.8
  
Acquired warranty
    
31.3
      
-
  
Settlements
    
(8.6
)
    
(8.8
)
Charged to other accounts(1)
    
(0.5
)
    
(0.1
)
Balance at end of period
  
$
53.0
    
$
21.8
  

(1)
Includes the effects of foreign currency translation adjustments for the company's subsidiaries with functional currencies other than the USD.