Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Product Warranties

v3.25.1
Product Warranties
12 Months Ended
Mar. 31, 2025
Guarantees [Abstract]  
Product Warranties Product Warranties
The following are the changes in the product warranty accrual:
  31 March
(Millions of US dollars) 2025 2024 2023
Balance at beginning of period $ 36.2  $ 35.6  $ 37.7 
Charges to cost of goods sold 3.9  3.9  1.2 
Settlements made in cash or in kind (5.9) (3.3) (3.3)
Balance at end of period $ 34.2  $ 36.2  $ 35.6