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Warranties
6 Months Ended
Jun. 30, 2012
Warranties/ Commitments and Contingencies [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 June 30, 2012 and 2011 are summarized as follows:

 

                 
(In Millions)   Six Months
Ended

June  30, 2012
    Six Months
Ended

June  30, 2011
 

Balance at January 1,

  $ 6.5     $ 5.9  

Settlements made (in cash or in kind)

    (3.1     (2.5

Current year accrual

    3.4       3.1  

Effect of foreign currency translation

    (0.1     0.1  
   

 

 

   

 

 

 

Balance at June 30,

  $ 6.7     $ 6.6  
   

 

 

   

 

 

 

Warranty expense was $3.3 million and $3.2 million for the six months ended June 30, 2012 and 2011, respectively. At June 30, 2012, $5.9 million was included in current liabilities and $0.8 million was included in non-current liabilities. At December 31, 2011, $5.7 million was included in current liabilities and $0.8 million was included in non-current liabilities.