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

Product Warranties (Tables)

v3.22.1
Product Warranties (Tables)
12 Months Ended
Mar. 31, 2022
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) 2022 2021 2020
Balance at beginning of period $ 39.6  $ 42.4  $ 46.6 
Increase in accrual 1.9  2.4  0.8 
Settlements made in cash or in kind (3.8) (5.2) (5.0)
Balance at end of period $ 37.7  $ 39.6  $ 42.4