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Accrued Expenses
 12 Months Ended
Dec. 31, 2015
Payables and Accruals [Abstract]  
Accrued Expenses
Accrued Expenses
Accrued expenses and other current liabilities consist of the following:
 
December 31,
 
2015
 
2014
 
(In millions)
Accrued salaries, wages and benefits
$
26.1

 
$
25.4

Advance billings
16.8

 
28.4

Current portion of long-term debt
17.8

 
9.4

Warranty accrual
6.1

 
6.9

Interest payable
5.7

 
5.2

Current portion of other post-retirement liabilities
1.4

 
1.6

Other
21.6

 
26.7

Total
$
95.5

 
$
103.6


Substantially all advance billings relate to the Company’s industrial equipment business unit. Warranty liabilities are primarily associated with the Company’s industrial equipment business unit and the fluid routing solutions business.
The Company estimates the amount of warranty claims on sold products that may be incurred based on current and historical data. The actual warranty expense could differ from the estimates made by the Company based on product performance. The following table presents the changes in the Company’s product warranty liability for the years ended December 31, 2015, 2014 and 2013: 
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
(In millions)
Balance at January 1,
$
6.9

 
$
5.4

 
$
6.9

Claims paid during the year
(4.7
)
 
(2.9
)
 
(6.4
)
Warranty expense
4.0

 
4.0

 
4.9

Acquired warranty liabilities
(0.1
)
 
0.4

 
—

Balance at December 31,
$
6.1

 
$
6.9

 
$
5.4