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

Product Warranties (Tables)

v3.7.0.1
Product Warranties (Tables)
12 Months Ended
Mar. 31, 2017
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)    2017      2016      2015  

Balance at beginning of period

   $ 45.3        $ 35.2        $ 31.4    

Accruals for product warranties

     17.0          28.0          16.0    

Settlements made in cash or in kind

     (15.7)         (17.9)         (12.2)   
  

 

 

    

 

 

    

 

 

 

Balance at end of period

   $           46.6        $         45.3        $         35.2