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

Product Warranties (Tables)

v3.21.1
Product Warranties (Tables)
12 Months Ended
Mar. 31, 2021
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) 2021 2020 2019
Balance at beginning of period $ 42.4  $ 46.6  $ 52.8 
Increase (Decrease) in accrual 2.4  0.8  (0.8)
Acquired during the period   —  0.5 
Settlements made in cash or in kind (5.2) (5.0) (5.9)
Balance at end of period $ 39.6  $ 42.4  $ 46.6