Annual report pursuant to Section 13 and 15(d)

Accounts and Notes Receivable (Tables)

v3.7.0.1
Accounts and Notes Receivable (Tables)
12 Months Ended
Dec. 31, 2016
Receivables and Warranty Accruals [Abstract]  
Schedule of Accounts and Notes Receivable
The following table presents accounts and notes receivables, net of allowances:
 
December 31, 2016
 
December 31, 2015
Customer receivables
$
84.3

 
$
85.1

Miscellaneous receivables
5.5

 
4.9

Less: allowance for product warranties, discounts, and losses
(13.8
)
 
(17.8
)
Total
$
76.0

 
$
72.2

Summary of Product Warranty Accrual
The following table summarizes the activity for the allowance for product warranties:
 
Year Ended December 31,
 
2016
 
2015
Balance as of January 1,
$
(7.3
)
 
$
(7.7
)
Reductions for payments
11.6

 
10.3

Current year warranty accruals
(11.8
)
 
(9.9
)
Balance as of December 31,
$
(7.5
)
 
$
(7.3
)