Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Schedule of Treasury Stock

The following is a summary of treasury share activity:

	Treasury Shares
Balance as of December 31, 2014	62,780
Purchases	38,245
Exercise of stock options	(1,266	)
Restricted stock grants and other	(51,388	)
Shares received in TDK transaction	667,576
Balance as of December 31, 2015	715,947
Purchases	24,086
Exercise of stock options	(722	)
Restricted stock grants and other	4,780
Balance as of December 31, 2016	744,091

Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss and related activity consisted of the following:

	Gains (Losses) on Derivative Financial Instruments		Defined Benefit Plans			Foreign Currency Translation			Total
	(In millions)
Balance as of December 31, 2015	$	—	$	(20.1	)	$	(76.0	)	$	(96.1	)
Other comprehensive (loss) income before reclassifications, net of tax (1)			(2.7		)	(0.8		)	(3.5		)
Amounts reclassified from accumulated other comprehensive loss, net of tax			3.2			75.8			79.0
Net current period other comprehensive income (loss)	—		0.5			75.0			75.5
Balance as of December 31, 2016	$	—	$	(19.6	)	$	(1.0	)	$	(20.6	)

⁽¹⁾ No income tax expense was recorded for liability adjustments for defined benefit plans for the year ended December 31, 2016.

Reclassification Out of Accumulated Other Comprehensive Income

Details of amounts reclassified from Accumulated other comprehensive loss and the line item in our Consolidated Statement of Operations for the year ended December 31, 2016 are as follows:

	Amounts Reclassified from Accumulated Other Comprehensive Loss		Affected Line Item in the Statement Where Net Loss is Presented
	(In millions)
Amortization of net actuarial loss	0.3		Selling, general and administrative
Pension settlement loss	2.9		Restructuring and other
Net pension adjustments, net of tax	3.2
Foreign currency translation	75.8		Other income (expense)
Total reclassifications for the period	$	79.0