Accounts Payable and Accrued Liabilities (Tables)

6 Months Ended

Jun. 30, 2013

Accounts Payable and Accrued Liabilities [Abstract]

Accounts payable and accrued liabilities

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

	June 30, 2013		December 31, 2012
Trade accounts payable and accruals	$	855.8	$	925.1
Advances from customers		1,566.7		1,320.1
Other accruals		826.6		800.5
Total accounts payable and accrued liabilities	$	3,249.1	$	3,045.7

Company's product warranty accruals

Activity during the six months ended June 30, 2013 associated with the Company's product warranty accruals was as follows (in millions):

Balance December 31, 2012		Net warranty provisions		Charges against accrual			Formation of OneSubsea		Translation and other			Balance June 30, 2013
$	67.6	$	19.6	$	(29.3	)	$	1.3	$	(1.0	)	$	58.2