Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.7.0.1
Commitments and Contingencies (Tables)
3 Months Ended
Apr. 01, 2017
Commitments and Contingencies Disclosure [Abstract]  
Product Warranty Liabilities
The following activity related to product warranty liabilities was recorded in Accrued expenses during the three months ended April 1, 2017 and April 2, 2016:
(in millions)
April 1,
2017
 
April 2,
2016
Balance at beginning of period
$
112.6

 
$
106.3

Payments made
(14.7
)
 
(13.3
)
Provisions/additions for contracts issued/sold
18.5

 
16.1

Aggregate changes for preexisting warranties
(2.1
)
 
(3.3
)
Foreign currency translation
0.8

 
0.6

Acquisitions

 
6.4

Other
(1.9
)
 

Balance at end of period
$
113.2

 
$
112.8

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 three months ended April 1, 2017 and April 2, 2016:
(in millions)
April 1,
2017
 
April 2,
2016
Balance at beginning of period
$
90.6

 
$
78.3

Extended warranty contracts sold
9.9

 
8.1

Revenue recognized on existing extended warranty contracts
(7.4
)
 
(7.0
)
Foreign currency translation
0.2

 
(0.1
)
Acquisitions

 
2.0

Balance at end of period
$
93.3

 
$
81.3