Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v2.4.1.9
Accrued Expenses
 12 Months Ended
Dec. 31, 2014
Accrued Liabilities, Current [Abstract]  
Accrued Expenses
Note 15 – Accrued Expenses

Accrued Expenses at December 31, 2014 and 2013 were as follows:
(in millions)
2014
 
2013
Compensation and benefit plans
$
147.7

 
$
144.2

Product warranties
110.6

 
119.6

Sales incentives and discounts
90.0

 
83.1

Deferred revenue and customer deposits
57.7

 
45.4

Insurance reserves
42.8

 
31.8

Secured obligations, repurchase and recourse
26.1

 
39.4

Environmental reserves
10.1

 
7.5

Interest
8.4

 
8.4

Real, personal and other non-income taxes
7.9

 
9.8

Derivatives
3.6

 
4.4

Other
56.6

 
35.8

Total accrued expenses
$
561.5

 
$
529.4