Product Support Liabilities (Tables)

6 Months Ended

Jun. 30, 2016

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities

Changes in product support liabilities are summarized as follows:

Warranty Reserves	2016			2015
Balance at January 1	$	346.2		$	310.8
Cost accruals		109.3			150.0
Payments		(128.8	)		(112.6	)
Change in estimates for pre-existing warranties		(2.8	)		(3.2	)
Currency translation		(4.0	)		(3.5	)
Balance at June 30	$	319.9		$	341.5
Deferred Revenues on Extended Warranties and R&M Contracts	2016			2015
Balance at January 1	$	524.8		$	462.0
Deferred revenues		192.0			164.9
Revenues recognized		(135.9	)		(124.3	)
Currency translation		(7.0	)		(11.3	)
Balance at June 30	$	573.9		$	491.3