Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Loss from Continuing Operations before Income Taxes

The components of loss from continuing operations before income taxes were as follows:

	Years Ended December 31,
	2014			2013			2012
	(In millions)
U.S.	$	(95.3	)	$	(25.2	)	$	(266.1	)
International	(14.0		)	2.2			(57.3		)
Total	$	(109.3	)	$	(23.0	)	$	(323.4	)

Schedule of Components of Income Tax Expense (Benefit)

The components of the income tax provision from continuing operations were as follows:

	Years Ended December 31,
	2014			2013			2012
	(In millions)
Current
Federal	$	0.5		$	(0.7	)	$	(11.5	)
State	(0.5		)	—			—
International	(0.1		)	5.9			6.3
Deferred
Federal	1.7			—			8.8
State	—			—			—
International	1.5			(3.8		)	(2.2		)
Total	$	3.1		$	1.4		$	1.4

Schedule of Income Tax Rate Reconciliation

The income tax provision from continuing operations differs from the amount computed by applying the statutory United States income tax rate (35 percent) because of the following items:

	Years Ended December 31,
	2014			2013			2012
	(In millions)
Tax at statutory U.S. tax rate	$	(38.3	)	$	(8.1	)	$	(113.2	)
State income taxes, net of federal benefit	(3.2		)	(0.2		)	(6.3		)
Net effect of international operations	1.1			3.1			25.0
Settlement of UK pension plan	—			(2.3		)	—
Valuation allowances	22.9			(3.2		)	89.2
Tax on unremitted earnings of foreign subsidiaries	15.9			—			—
U.S. tax on foreign earnings	4.7			6.2			3.9
Stock-based compensation	2.1			3.1			2.4
Uncertain tax positions	(1.2		)	2.2			0.3
Goodwill impairment	10.7			—			—
Capital losses	(11.4		)	—			—
Other	(0.2		)	0.6			0.1
Income tax provision	$	3.1		$	1.4		$	1.4

Schedule of Deferred Tax Assets and Liabilities

The components of net deferred tax assets and liabilities were as follows:

	As of December 31,
	2014			2013
	(In millions)
Accounts receivable allowances	$	1.6		$	3.0
Inventories	7.6			9.1
Compensation and employee benefits	6.6			8.0
Tax credit carryforwards	33.9			35.8
Net operating loss carryforwards	149.4			115.2
Accrued liabilities and other reserves	7.0			9.0
Pension	9.0			6.0
Property, plant and equipment	10.2			8.9
Intangible assets, net	49.6			55.3
Capital losses	11.5			—
Other, net	0.7			1.8
Total deferred tax assets	287.1			252.1
Valuation allowance	(262.4		)	(239.4		)
Net deferred tax assets	24.7			12.7
Unremitted earnings of foreign subsidiaries	(15.7		)	—
Property, plant and equipment	—			—
Total deferred tax liabilities	(15.7		)	—
Net deferred tax assets	$	9.0		$	12.7

Components of Deferred Tax Balances

The table below shows the components of our deferred tax balances after the results of that netting process as they are recorded on our Consolidated Balance Sheets:

	As of December 31
	2014			2013
	(In millions)
Deferred tax asset - current	3.2			4.6
Deferred tax asset - non-current	8.1			9.5
Deferred tax liability - current	—			(0.4		)
Deferred tax liability - non-current	(2.3		)	(1.0		)
Total	$	9.0		$	12.7

Schedule of Unrecognized Tax Benefits Reconciliation

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	2014			2013			2012
	(In Millions)
Beginning Balance	$	5.3		$	4.4		$	15.1
Additions:
Additions for tax positions of current years	0.3			0.3			0.3
Additions for tax positions of prior years	0.1			1.1			0.6
Reductions:
Reductions for tax positions of prior years	(1.9		)	(0.4		)	(11.3		)
Settlements with taxing authorities	(1.3		)	—			(0.2		)
Reductions due to lapse of statute of limitations	(0.4		)	(0.1		)	(0.1		)
Total	2.1			5.3			4.4