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Warranties
9 Months Ended
Sep. 30, 2011
Warranties [Abstract] 
Warranties

NOTE 7. Warranties

Reserves are recorded on the consolidated balance sheet to reflect our contractual liabilities relating to warranty commitments to customers.

Changes in accrued product warranty costs for the periods ended September 30, 2011 and 2010 are summarized as follows:

 

                 
(In Millions)   Nine Months
Ended

September 30,
2011
    Nine Months
Ended

September 30,
2010
 

Balance at January 1,

  $ 5.9     $ 5.1  

Settlements made (in cash or in kind)

    (4.1     (3.6

Current year accrual

    4.9       4.2  

Effect of foreign currency translation

    (0.1     —    
   

 

 

   

 

 

 

Balance at September 30,

  $ 6.6     $ 5.7  
   

 

 

   

 

 

 

Warranty expense was $4.8 million and $4.2 million for the nine months ended September 30, 2011 and 2010, respectively. At September 30, 2011, $5.7 million was included in current liabilities and $0.9 million was included in non-current liabilities. At December 31, 2010, $5.3 million was included in current liabilities and $0.6 million was included in non-current liabilities.