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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of Intangible Assets
The Company uses the following guidance to determine the useful life of certain intangible assets:
Intangible Asset Type
 
Life
 
 
 
Patents
 
Up to date patent expires
Trademarks
 
Up to 20 years
Licensing agreements
 
Up to 20 years
Customer relationships
 
Up to 15 years
Schedule of Warranty Expense and Accrual
The following table presents the Company’s warranty expense and warranty accrual at December 31:
 
 
December 31,
(in millions)
 
2017
 
2016
 
2015
 
 
 
 
 
 
 
Warranty Expense
 
$
25.7

 
$
25.2

 
$
6.0

Warranty Accrual
 
11.8

 
11.2

 
3.8

Schedule of Adjustments to the Financial Statement Line Items Impact by the Accounting Update
The adoption of this standard is reflected below in the summary of the classification adjustments, including the correction for the error noted above, by financial statement line item:
(in millions)
 
 
 
December 31, 2016
 
Classification
 
December 31, 2016
 
 
Deferred Tax Assets
 
As Reported
 
Adjustment
 
Revised
Consolidated Balance Sheet Item
 
and Liabilities
 
Balance
 
As Revised
 
Balance
Prepaid expenses and other current assets
 
Current DTAs
 
$
345.6

 
$
(139.1
)
 
$
206.5

Other noncurrent assets, net
 
Noncurrent DTAs
 
64.1

 
38.8

 
102.9

Income taxes payable
 
Current DTLs
 
64.2

 
(3.4
)
 
60.8

Deferred income taxes
 
Noncurrent DTLs
 
848.6

 
(96.9
)
 
751.7