XML 64 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
Lines of Credit and Financing Arrangements (Details Textual 1) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Nov. 30, 2014
Oct. 31, 2013
Nov. 13, 2014
Nov. 12, 2014
Line of Credit Facility [Line Items]              
Maximum securitization as percentage of net pool balance   100.00%lii_MaximumSecuritizationAsPercentageOfNetPoolBalance          
Program fee 0.60%lii_ProgramFee            
Average floating commercial paper rate 0.79%lii_AverageFloatingCommercialPaperRate   0.79%lii_AverageFloatingCommercialPaperRate        
Percent of maximum available amount used to charge unused fee 101.00%lii_PercentageOfMaximumAvailableAmountUsedToChargeUnusedFee            
Fixed rate of agreement 0.30%lii_FixedRateOfAgreement            
Unused fee $ 0.0005us-gaap_DebtInstrumentUnusedBorrowingCapacityFee            
Maximum [Member]              
Line of Credit Facility [Line Items]              
Maximum securitization, amount       220,000,000lii_MaximumAmountAvailableUnderAssetSecuritization
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
220,000,000lii_MaximumAmountAvailableUnderAssetSecuritization
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
   
Minimum [Member]              
Line of Credit Facility [Line Items]              
Maximum securitization, amount       180,000,000lii_MaximumAmountAvailableUnderAssetSecuritization
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
160,000,000lii_MaximumAmountAvailableUnderAssetSecuritization
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
   
Line of Credit [Member]              
Line of Credit Facility [Line Items]              
Debt Instrument, Restrictive Covenants 75,000,000lii_MinimumAmountOfPrincipalOrInterestDueOnIndebtednessOrReceivableSecuritization
/ us-gaap_CreditFacilityAxis
= us-gaap_LineOfCreditMember
           
Domestic Credit Facility [Member]              
Line of Credit Facility [Line Items]              
Domestic Revolving Credit Facility           950,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= lii_DomesticCreditFacilityMember
 
Maximum increase in borrowings under Domestic Revolving Credit Facility 350,000,000lii_LineOfCreditFacilityAdditionalMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= lii_DomesticCreditFacilityMember
           
Revolving Credit Facility [Member]              
Line of Credit Facility [Line Items]              
Domestic Revolving Credit Facility 950,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
        650,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
650,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
Borrowings under Domestic Revolving Credit Facility 683,500,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
           
Committed standby letters of credit 27,200,000lii_RevolvingCreditFacilityCommittedToStandByLettersOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
           
Available for future borrowings 239,300,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
           
Revolving Credit Facility [Member] | Maximum [Member]              
Line of Credit Facility [Line Items]              
Indebtedness to adjusted EBITDA ratio   3.5lii_DebtInstrumentIndebtednessToAdjustedEBITDARatio
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
         
Revolving Credit Facility [Member] | Minimum [Member]              
Line of Credit Facility [Line Items]              
Cash flow to net interest expense ratio   3.0lii_DebtInstrumentCashFlowToNetInterestExpenseRatio
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
         
Letter of Credit [Member]              
Line of Credit Facility [Line Items]              
Domestic Revolving Credit Facility 150,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_LetterOfCreditMember
           
Subfacility for Swingline Loans [Member]              
Line of Credit Facility [Line Items]              
Domestic Revolving Credit Facility 65,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= lii_SubfacilityforSwinglineLoansMember
           
Medium-term Notes [Member] | Domestic Credit Facility [Member]              
Line of Credit Facility [Line Items]              
Face amount of debt 300,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_CreditFacilityAxis
= lii_DomesticCreditFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MediumTermNotesMember
        300,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_CreditFacilityAxis
= lii_DomesticCreditFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MediumTermNotesMember
 
Periodic payments $ 7,500,000us-gaap_DebtInstrumentPeriodicPaymentPrincipal
/ us-gaap_CreditFacilityAxis
= lii_DomesticCreditFacilityMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MediumTermNotesMember