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Warranty Reserve
12 Months Ended
Dec. 31, 2012
Warranty Reserve

8. Warranty Reserve

Warranty reserve activity for 2012 and 2011 is as follows:

 

(in millions)

   2012     2011  

Warranty reserve at January 1,

   $ 84.8      $ 86.0   

Provision for warranties issued

     150.7        145.5   

Warranty claims paid

     (146.2     (146.5

Acquisitions and other adjustments

     7.8        (0.2
  

 

 

   

 

 

 

Warranty reserve at December 31,

   $ 97.1      $ 84.8   
  

 

 

   

 

 

 

Allocation in the consolidated balance sheets:

    

Other current liabilities

   $ 85.9      $ 74.3   

Other non-current liabilities

     11.2        10.5   
  

 

 

   

 

 

 

Total

   $ 97.1      $ 84.8