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Guarantees and Product Warranties (Tables)
6 Months Ended
Jun. 30, 2016
Guarantees and Product Warranties Disclosure [Abstract]  
Changes in warranty liability balance
Changes in the Company’s warranty liability balance are illustrated in the following table:
 
 
2016
 
2015
Balance at January 1
 
$
73.6

 
$
113.3

Current period accruals
 
6.2

 
18.7

Current period settlements
 
(20.6
)
 
(24.7
)
Currency translation adjustment
 
7.9

 
(11.9
)
Balance at June 30
 
$
67.1

 
$
95.4