Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.2.0.727
Commitments and Contingencies (Tables)
 6 Months Ended
Jul. 04, 2015
Commitments and Contingencies Disclosure [Abstract]  
Schedule of potential cash obligations associated with recourse arrangements
The potential cash obligations associated with these customer financing arrangements as of July 4, 2015, December 31, 2014 and June 28, 2014 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
July 4,
2015
 
December 31,
2014
 
June 28,
2014
 
July 4,
2015
 
December 31,
2014
 
June 28,
2014
Total
$
28.9

 
$
30.9

 
$
33.1

 
$
34.2

 
$
35.8

 
$
36.6

Schedule of potential cash payments to third parties associated with repurchase exposure
The potential cash payments the Company could be required to make to repurchase collateral as of July 4, 2015, December 31, 2014 and June 28, 2014 were:
 
Single Year Obligation
 
Maximum Obligation
(in millions)
July 4,
2015
 
December 31,
2014
 
June 28,
2014
 
July 4,
2015
 
December 31,
2014
 
June 28,
2014
Total
$
58.3

 
$
56.8

 
$
60.4

 
$
58.3

 
$
56.8

 
$
60.4

Product warranty liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the six months ended July 4, 2015 and June 28, 2014:
(in millions)
July 4,
2015
 
June 28,
2014
Balance at beginning of period
$
110.6

 
$
119.6

Payments made
(27.3
)
 
(23.7
)
Provisions/additions for contracts issued/sold
35.0

 
31.7

Aggregate changes for preexisting warranties
(10.2
)
 
(12.7
)
Foreign currency translation
(1.9
)
 
0.0

Balance at end of period
$
106.2

 
$
114.9