Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies

v3.10.0.1
Commitments and Contingencies
 6 Months Ended
Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
Commitments and Contingencies

There were no material changes during the three months and six months ended June 30, 2018 to the financial commitments or the legal and environmental commitments that were discussed in Note 13 in the Notes to Consolidated Financial Statements in the 2017 Form 10-K.

Product Warranties and Extended Warranties

The following activity related to product warranty liabilities was recorded in Accrued expenses during the six months ended June 30, 2018 and July 1, 2017:
(in millions)
June 30,
2018
 
July 1,
2017
Balance at beginning of period
$
127.2

 
$
112.6

Payments made
(36.4
)
 
(34.1
)
Provisions/additions for contracts issued/sold
39.1

 
38.0

Aggregate changes for preexisting warranties
7.5

 
(0.3
)
Foreign currency translation
(0.8
)
 
1.0

Other
0.3

 
(1.7
)
Balance at end of period
$
136.9

 
$
115.5



The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the six months ended June 30, 2018 and July 1, 2017:
(in millions)
June 30,
2018
 
July 1,
2017
Balance at beginning of period
$
112.1

 
$
90.6

Extended warranty contracts sold
30.7

 
26.0

Revenue recognized on existing extended warranty contracts
(18.7
)
 
(14.5
)
Foreign currency translation
(0.4
)
 
0.3

Balance at end of period
$
123.7

 
$
102.4