Accrued Liabilities

6 Months Ended

Jun. 30, 2022

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Accrued Liabilities

Accrued Liabilities

Accrued liabilities consist of: 

(in millions)	June 30, 2022		December 31, 2021
Employee related expenses	$	111.7	$	181.9
Warranty	8.5		8.6
Current lease liabilities	19.3		22.7
Contract liabilities	99.3		101.1
Other	122.8		128.4
Total	$	361.6	$	442.7

We accrue warranty liabilities when it is probable that an asset has been impaired, or a liability has been incurred and the amount of the loss can be reasonably estimated. Warranty provision is included within “Cost of sales” in our Condensed Consolidated Statements of Operations.

The following table summarizes warranty activity recorded during the three and six months ended June 30, 2022, and 2021.

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2022		2021		2022		2021
Balance at beginning of period	$	8.7	$	11.5	$	8.6	$	9.4
Expense	2.3		2.9		3.5		6.0
Payments / deductions	(2.3)		(2.4)		(3.4)		(3.4)
Currency translation	(0.2)		(0.2)		(0.2)		(0.2)
Balance at end of period	$	8.5	$	11.8	$	8.5	$	11.8