XML 101 R91.htm IDEA: XBRL DOCUMENT v3.8.0.1
Accumulated Other Comprehensive Income (Loss) - Detail of Amount Reclassified from Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Accumulated Other Comprehensive Income Loss [Line Items]        
Total reclassifications for the period     $ (5.4) $ 19.9
Charges related to Venezuelan subsidiaries [1] $ 0.0 $ 0.0 0.0 (46.0) [2]
Other income (expense), net 0.0 0.4 (6.2) 1.4
Earnings from discontinued operations before income tax provision [3] 25.7 99.5 111.3 174.2
Interest expense (54.0) (49.6) (153.7) (151.4)
Earnings before income tax provision 106.1 117.9 274.3 265.8
Tax (expense) benefit (43.7) (54.1) (236.5) (124.7)
Net earnings available to common stockholders 787.4 163.3 848.4 315.3 [2]
Defined benefit pension plans and other post-employment benefits        
Accumulated Other Comprehensive Income Loss [Line Items]        
Total reclassifications for the period     (4.9) (9.2)
Reclassification from cumulative translation adjustment        
Accumulated Other Comprehensive Income Loss [Line Items]        
Total reclassifications for the period     0.0 46.0
Total reclassifications for the period        
Accumulated Other Comprehensive Income Loss [Line Items]        
Total reclassifications for the period (2.8) (6.6) (5.4) 19.9
Total reclassifications for the period | Prior service costs        
Accumulated Other Comprehensive Income Loss [Line Items]        
Total pre-tax amount 0.4 0.4 1.3 1.0
Total reclassifications for the period | Actuarial losses        
Accumulated Other Comprehensive Income Loss [Line Items]        
Total pre-tax amount (2.8) (3.0) (8.3) (8.4)
Total reclassifications for the period | Defined benefit pension plans and other post-employment benefits        
Accumulated Other Comprehensive Income Loss [Line Items]        
Total pre-tax amount (2.4) (2.6) (7.0) (7.4)
Tax (expense) benefit 1.0 (3.0) 2.1 (1.8)
Total reclassifications for the period (1.4) (5.6) (4.9) (9.2)
Total reclassifications for the period | Reclassification from cumulative translation adjustment        
Accumulated Other Comprehensive Income Loss [Line Items]        
Charges related to Venezuelan subsidiaries 0.0 0.0 0.0 46.0
Total reclassifications for the period | Net gains (losses) on cash flow hedging derivatives        
Accumulated Other Comprehensive Income Loss [Line Items]        
Earnings before income tax provision (2.2) (1.3) (1.1) (25.0)
Tax (expense) benefit 0.8 0.3 0.6 8.1
Net earnings available to common stockholders (1.4) (1.0) (0.5) (16.9)
Total reclassifications for the period | Net gains (losses) on cash flow hedging derivatives | Foreign currency forward contracts        
Accumulated Other Comprehensive Income Loss [Line Items]        
Other income (expense), net (0.1) (1.1) 1.8 (0.9)
Total reclassifications for the period | Net gains (losses) on cash flow hedging derivatives | Interest rate and currency swaps        
Accumulated Other Comprehensive Income Loss [Line Items]        
Earnings from discontinued operations before income tax provision (2.1) (0.2) (3.0) (24.2)
Total reclassifications for the period | Net gains (losses) on cash flow hedging derivatives | Treasury locks        
Accumulated Other Comprehensive Income Loss [Line Items]        
Interest expense $ 0.0 $ 0.0 $ 0.1 $ 0.1
[1] Due to the ongoing challenging economic situation in Venezuela, the Company approved a program in the second quarter of 2016 to cease operations in the country. Refer to Note 1, "Organization and Basis of Presentation," of the Notes to the Condensed Consolidated Financial Statement for further details.
[2] Due to changes in the accounting treatment of a factoring agreement the Company reclassified amounts from cash and cash equivalents to other receivables of $8.7 million as of September 30, 2016. This reclassification resulted in an increase in cash provided by operating activities of $2.0 million for the nine months ended September 30, 2016.
[3] (2) For the nine months ended September 30, 2017, there was a revision to net earnings from discontinued operations, net of tax, on the Condensed Consolidated Statement of Operations related to depreciation and amortization on Diversey assets held for sale. As a result, net earnings from discontinued operations, net of tax, increased $16.4 million and increased basic and diluted shares by $0.09 per share.