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Leases And Commitments (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2017

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Operating Leases of Lessee Disclosure [Table Text Block]

The Company’s future minimum rental payments for all operating leases having initial or remaining noncancelable lease terms in excess of one year are as follows ($ in millions):



2017	$	187.0
2018	148.6
2019	118.5
2020	88.4
2021	60.6
Thereafter	137.9

Warranty Accrual

The following is a rollforward of the Company’s accrued warranty liability ($ in millions):



Balance, December 31, 2016	$	75.8
Accruals for warranties issued during the period	12.3
Settlements made	(13.9		)
Effect of foreign currency translation	0.7
Balance, March 31, 2017	$	74.9

The following is a rollforward of the Company’s accrued warranty liability ($ in millions):



	2016			2015
Balance, January 1	$	73.8		$	73.0
Accruals for warranties issued during the year	62.3			58.9
Settlements made	(61.2		)	(62.7		)
Additions due to acquisitions	1.4			7.8
Effect of foreign currency translation	(0.5		)	(3.2		)
Balance, December 31	$	75.8		$	73.8

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details