Product Support Liabilities (Tables)

12 Months Ended

Dec. 31, 2014

Guarantees [Abstract]

Changes in Product Support Liabilities

Changes in product support liabilities are summarized as follows:

	2014			2013			2012
Balance at January 1	$	630.5		$	540.7		$	448.7
Cost accruals and revenue deferrals		642.4			479.6			437.4
Payments and revenue recognized		(456.6	)		(399.8	)		(351.7	)
Currency translation		(43.5	)		10.0			6.3
Balance at December 31	$	772.8		$	630.5		$	540.7

Revised Changes in Product Support Liabilities

The table below presents “Cost accruals and revenue deferrals” and “Payments and revenue recognized” as previously reported in Note H and as revised:
	2013						2012
	PREVIOUSLY REPORTED			REVISED			PREVIOUSLY REPORTED			REVISED
Cost accrual and revenue deferrals	$	340.4		$	479.6		$	305.4		$	437.4
Payments and revenue recognized		(260.6	)		(399.8	)		(219.7	)		(351.7	)

Product Support Liabilities

Product support liabilities are included in the accompanying Consolidated Balance Sheets as follows:
At December 31,	2014		2013
Truck, Parts and Other:
Accounts payable, accrued expenses and other	$	355.3	$	291.7
Other liabilities		406.2		327.5
Financial Services:
Deferred taxes and other liabilities		11.3		11.3
	$	772.8	$	630.5