Accrued Expenses and Other Liabilities

12 Months Ended

Dec. 31, 2020

NOTE 9. ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities as of December 31 were as follows:


	2020				2019
($ in millions)	Current		Long-term		Current		Long-term
Compensation, pension and post retirement benefits	$	95.9	$	17.8	$	75.4	$	26.7
Claims, including self-insurance and litigation	21.0		56.8		6.4		55.5
Taxes, income and other	62.2		39.0		11.8		111.5
Deferred revenue	87.6		58.3		87.0		63.2
Sales and product allowances	38.5		—		35.1		—
Warranty	37.0		17.6		56.6		0.8
Other	105.9		27.7		47.0		37.8
Total	$	448.1	$	217.2	$	319.3	$	295.5

We generally accrue estimated warranty costs at the time of sale. In general, manufactured products are warrantied against defects in material and workmanship when properly used for their intended purpose, installed correctly, and appropriately maintained. Warranty period terms depend on the nature of the product and range from ninety days up to the life of the product. The amount of the accrued warranty liability is determined based on historical information such as past experience, product failure rates or number of units repaired, estimated cost of material and labor, and in certain instances estimated property damage. The accrued warranty liability is reviewed on a quarterly basis and may be adjusted as additional information regarding expected warranty costs becomes known.

The following is a rollforward of our accrued warranty liability:


($ in millions)
Balance, January 1, 2019	$	55.9
Accruals for warranties issued during the year	64.1
Settlements made	(61.2)
Reductions due to dispositions	(1.9)
Effect of foreign currency translation	0.5
Balance, December 31, 2019	$	57.4
Accruals for warranties issued during the year	42.8
Settlements made	(45.7)

Effect of foreign currency translation	0.1
Balance, December 31, 2020	$	54.6