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Guarantees and Product Warranties (Tables)
12 Months Ended
Dec. 31, 2016
Commitments and Contingencies 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
51.2

 
35.7

Current period settlements
(73.5
)
 
(49.1
)
Acquired warranty accruals
43.8

 

Currency translation
4.3

 
(26.3
)
Balance at December 31
$
99.4

 
$
73.6