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

Product Warranties (Tables)

v2.4.0.8
Product Warranties (Tables)
12 Months Ended
Mar. 31, 2014
Guarantees [Abstract]  
Summary of Changes in Product Warranty Provision

The following are the changes in the product warranty provision:

 

     Years Ended 31 March
 (Millions of US dollars)    2014           2013           2012       

Balance at beginning of period

     $             27.1           $         27.0           $         26.2     

Accruals for product warranties

     14.0           12.1           13.1     

Settlements made in cash or in kind

     (9.7)           (12.0)           (12.3)     
  

 

 

      

 

 

      

 

 

   

Balance at end of period

     $ 31.4           $ 27.1           $ 27.0