Product Support Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities, Warranty Reserves

WARRANTY RESERVES	2019			2018
Balance at January 1	$	380.2		$	298.8
Cost accruals		288.7			237.0
Payments		(263.6	)		(204.4	)
Change in estimates for pre-existing warranties		14.4			27.3
Currency translation and other		(7.0	)		(2.2	)
Balance at September 30	$	412.7		$	356.5

Changes in Product Support Liabilities, Deferred Revenues on Extended Warranties and R&M Contracts

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS		2019			2018
Balance at January 1	$	699.9		$	653.9
Deferred revenues		378.3			331.0
Revenues recognized		(293.5	)		(288.5	)
Currency translation		(16.0	)		(11.9	)
Balance at September 30	$	768.7		$	684.5