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BASIS OF PRESENTATION (Tables)
12 Months Ended
Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash and Cash Equivalents
The following table provides amounts of cash and cash equivalents presented in the Consolidated Statement of Cash Flows (in millions):
 
December 31, 2018
 
December 31, 2017
 
December 31, 2016
Cash and cash equivalents:
 
 
 
 
 
Cash and cash equivalents - continuing operations
$
368.0

 
$
626.5

 
$
428.5

Cash and cash equivalents - held for sale
4.1

 
3.6

 
73.4

Total cash and cash equivalents:
$
372.1

 
$
630.1

 
$
501.9

 
 
 
 
 
 
Consolidated current and non-current product warranty liability
The following table summarizes the changes in the consolidated product warranty liability (in millions):
Balance as of December 31, 2016
$
59.8

Accruals for warranties issued during the period
50.1

Changes in estimates
2.5

Settlements during the year
(62.0
)
Foreign exchange effect/other
2.2

Balance as of December 31, 2017
52.6

Accruals for warranties issued during the period
61.1

Changes in estimates
0.3

Settlements during the year
(57.5
)
Foreign exchange effect/other
(3.0
)
Balance as of December 31, 2018
$
53.5