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Warranties (Tables)
6 Months Ended
Mar. 31, 2020
Product Warranties Disclosures [Abstract]  
Schedule of Changes in Warranty Liability and Unearned Extended Warranty Premiums Changes in the Company’s service-type warranties were as follows (in millions):

 

 

Six Months Ended

March 31,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

68.2

 

 

$

30.7

 

Adoption of ASC 606

 

 

 

 

 

35.7

 

Deferred revenue for new service warranties

 

 

11.8

 

 

 

12.8

 

Amortization of deferred revenue

 

 

(14.2

)

 

 

(12.5

)

Changes in liability for pre-existing warranties, net

 

 

 

 

 

0.1

 

Foreign currency translation

 

 

0.1

 

 

 

(0.3

)

Balance at end of period

 

$

65.9

 

 

$

66.5

 

 

Changes in the Company’s assurance-type warranty liability were as follows (in millions):

 

 

 

Six Months Ended

March 31,

 

 

 

2020

 

 

2019

 

Balance at beginning of period

 

$

65.1

 

 

$

75.3

 

Adoption of ASC 606

 

 

 

 

 

(14.3

)

Warranty provisions

 

 

21.0

 

 

 

21.2

 

Settlements made

 

 

(26.1

)

 

 

(22.8

)

Changes in liability for pre-existing warranties, net

 

 

5.2

 

 

 

(0.3

)

Foreign currency translation

 

 

 

 

 

(0.2

)

Balance at end of period

 

$

65.2

 

 

$

58.9