Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.8.0.1
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
Product Warranty Liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the nine months ended September 30, 2017 and October 1, 2016:
(in millions)
September 30,
2017
 
October 1,
2016
Balance at beginning of period
$
112.6

 
$
106.3

Payments made
(53.5
)
 
(50.7
)
Provisions/additions for contracts issued/sold
54.8

 
55.6

Aggregate changes for preexisting warranties
(1.1
)
 
(8.1
)
Foreign currency translation
2.3

 
0.8

Acquisitions
—

 
6.7

Other
(1.3
)
 
—

Balance at end of period
$
113.8

 
$
110.6

Extended Product Warranty Liabilities
The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the nine months ended September 30, 2017 and October 1, 2016:
(in millions)
September 30,
2017
 
October 1,
2016
Balance at beginning of period
$
90.6

 
$
78.3

Extended warranty contracts sold
39.3

 
28.6

Revenue recognized on existing extended warranty contracts
(23.8
)
 
(20.7
)
Foreign currency translation
1.1

 
(0.1
)
Acquisitions
—

 
2.6

Balance at end of period
$
107.2

 
$
88.7