Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v2.4.0.6
Accrued Expenses
12 Months Ended
Dec. 31, 2011
Accrued Expenses [Abstract]  
Accrued Expenses
Note 13 – Accrued Expenses

Accrued Expenses at December 31, 2011 and 2010 were as follows:

(in millions)
 
2011
   
2010
 
             
Compensation and benefit plans
  $ 171.9     $ 144.0  
Product warranties
    133.2       151.3  
Sales incentives and discounts
    78.5       93.6  
Repurchase, recourse and secured obligations
    50.8       57.3  
Deferred revenue and customer deposits
    45.8       58.9  
Insurance reserves
    43.2       49.8  
Interest
    18.6       21.9  
Real, personal and other non-income taxes
    11.0       12.6  
Environmental reserves
    9.5       8.8  
Other
    61.2       63.0  
                 
Total accrued expenses
  $ 623.7     $ 661.2