Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.1
Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 30, 2019
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 March 30, 2019 and March 31, 2018:
(in millions)
March 30,
2019
 
March 31,
2018
Balance at beginning of period
$
141.9

 
$
127.2

Payments made
(23.4
)
 
(16.2
)
Provisions/additions for contracts issued/sold
18.9

 
19.0

Aggregate changes for preexisting warranties
0.1

 
(4.3
)
Foreign currency translation
(0.0
)
 
0.7

Other
0.5

 
(0.1
)
Balance at end of period
$
138.0

 
$
126.3

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 March 30, 2019 and March 31, 2018:
(in millions)
March 30,
2019
 
March 31,
2018
Balance at beginning of period
$
133.1

 
$
112.1

Extended warranty contracts sold
16.8

 
12.9

Revenue recognized on existing extended warranty contracts
(14.1
)
 
(10.1
)
Foreign currency translation
0.1

 
0.5

Balance at end of period
$
135.9

 
$
115.4