Accounts Payable and Accrued Liabilities

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements [Abstract]

Accounts Payable and Accrued Liabilities

Note 7: Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consisted of the following (in millions):

	September 30, 2011		December 31, 2010
Trade accounts payable and accruals	$	571.3	$	571.3
Salaries, wages and related fringe benefits		177.7		190.2
Advances from customers		858.9		863.3
Sales-related costs and provisions		91.6		90.2
Payroll and other taxes		67.1		67.4
Product warranty		53.2		45.7
Fair market value of derivatives		12.2		1.8
Other		197.8		186.1
Total accounts payable and accrued liabilities	$	2,029.8	$	2,016.0

Activity during the nine months ended September 30, 2011 associated with the Company's product warranty accruals was as follows (in millions):

Balance December 31, 2010		Net warranty provisions		Charges against accrual			Translation and other			Balance September 30, 2011
$	45.7	$	23.9	$	(16.3	)	$	(0.1	)	$	53.2