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Product Warranties
 3 Months Ended
Mar. 31, 2018
Product Warranties
6. Product Warranties

The Company offers warranties on the sales of certain of its products with terms that are consistent with the market and records an accrual for the estimated future claims. The following table presents the Company’s warranty liability activity.

 

(dollars in millions)              
     2018      2017  

Balance at January 1

    $ 142.4      $ 140.9  

Expense

      11.6        12.4  

Claims settled

      (11.1 )       (10.7 ) 
  

 

 

     

 

 

  

Balance at March 31

    $ 142.9      $ 142.6