Product Support Liabilities (Tables)

9 Months Ended

Sep. 30, 2020

Product Warranties Disclosures [Abstract]

Changes in Product Support Liabilities, Warranty Reserves

WARRANTY RESERVES	2020			2019
Balance at January 1	$	440.0		$	380.2
Cost accruals		217.8			288.7
Payments		(328.1	)		(263.6	)
Change in estimates for pre-existing warranties		65.1			14.4
Currency translation and other		.1			(7.0	)
Balance at September 30	$	394.9		$	412.7

Changes in Deferred Revenues on Extended Warranties and R&M Contracts

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS		2020			2019
Balance at January 1	$	801.4		$	699.9
Deferred revenues		293.1			378.3
Revenues recognized		(322.1	)		(293.5	)
Currency translation		6.0			(16.0	)
Balance at September 30	$	778.4		$	768.7