v3.26.3
Product Support Liabilities (Tables)
9 Months Ended
Sep. 30, 2026
Product Warranties Disclosures [Abstract]  
Changes in Product Support Liabilities, Warranty Reserves

Changes in product support liabilities are summarized as follows:

WARRANTY RESERVES

2026

 

 

2025

 

Balance at January 1

$

596.2

 

 

$

606.1

 

Cost accruals

 

364.8

 

 

 

442.8

 

Payments

 

(477.9

)

 

 

(594.8

)

Change in estimates for pre-existing warranties

 

112.0

 

 

 

105.6

 

Currency translation and other

 

(5.0

)

 

 

24.3

 

Balance at September 30

$

590.1

 

 

$

584.0

 

Changes in Deferred Revenues on Extended Warranties and R&M Contracts

DEFERRED REVENUES ON EXTENDED WARRANTIES AND R&M CONTRACTS

 

2026

 

 

 

2025

 

Balance at January 1

$

1,411.1

 

 

$

1,302.2

 

Deferred revenues

 

554.9

 

 

 

543.5

 

Revenues recognized

 

(549.1

)

 

 

(508.9

)

Currency translation

 

(21.1

)

 

 

75.9

 

Balance at September 30

$

1,395.8

 

 

$

1,412.7