Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Product Warranties (Tables)

v3.19.1
Product Warranties (Tables)
 12 Months Ended
Mar. 31, 2019
Guarantees [Abstract]  
Summary of Changes in Product Warranty Provision
The following are the changes in the product warranty provision:
 
31 March
(Millions of US dollars)
2019
 
2018
 
2017
Balance at beginning of period
$
52.8

 
$
46.6

 
$
45.3

(Decrease) increase for product warranties accrual
(0.8
)
 
13.1

 
17.0

Acquired during the period
0.5

 
—

 
—

Settlements made in cash or in kind
(5.9
)
 
(6.9
)
 
(15.7
)
Balance at end of period
$
46.6

 
$
52.8

 
$
46.6