Product Support Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Changes in product support liabilities are summarized as follows:


WARRANTY RESERVES	2017			2016
Balance at January 1	$	282.1		$	346.2
Cost accruals		102.7			109.3
Payments		(121.6	)		(128.8	)
Change in estimates for pre-existing warranties		2.6			(2.8	)
Currency translation		8.6			(4.0	)

Balance at June 30	$	274.4		$	319.9

Changes in product support liabilities are summarized as follows:

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS	2017			2016
Balance at January 1	$	573.5		$	524.8
Deferred revenues		176.7			192.0
Revenues recognized		(152.9	)		(135.9	)
Currency translation		22.8			(7.0	)

Balance at June 30	$	620.1		$	573.9