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

Product Warranties (Tables)

v3.4.0.3
Product Warranties (Tables)
12 Months Ended
Mar. 31, 2016
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)    2016      2015  

Balance at beginning of period

   $ 35.2         $ 31.4     

Accruals for product warranties

     28.0           16.0     

Settlements made in cash or in kind

     (17.9)          (12.2)    
  

 

 

    

 

 

 

Balance at end of period

   $           45.3         $         35.2