XML 81 R71.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidating Financial Statements (Statements of Operations and Comprehensive Income) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Condensed Consolidating Statements of Operations        
Net sales $ 1,019.2 $ 992.5 $ 1,734.4 $ 1,678.3
Cost of goods sold 704.2 709.1 1,235.8 1,231.9
Gross profit 315.0 283.4 498.6 446.4
Operating Expenses:        
Selling, general and administrative expenses 159.4 152.9 299.7 286.2
Losses and other expenses, net 0.4 3.3 4.7 8.9
Restructuring charges 0.8 1.8 0.6 2.1
Income from equity method investments (6.3) (5.5) (10.8) (8.8)
Operating income 160.7 130.9 204.4 158.0
Interest expense, net 6.8 6.4 12.7 12.2
Other expense, net (0.2) 0.0 (0.3) 0.0
Income from continuing operations before income taxes 154.1 124.5 192.0 145.8
Provision for income taxes 42.9 42.9 55.9 50.2
Income from continuing operations 111.2 81.6 136.1 95.6
Loss from discontinued operations 0.5 0.4 0.5 0.5
Net income 110.7 81.2 135.6 95.1
Other comprehensive income (loss), net of tax 4.1 (0.2) 18.1 (25.4)
Comprehensive income 114.8 81.0 153.7 69.7
Eliminations [Member]        
Condensed Consolidating Statements of Operations        
Net sales (48.7) (53.8) (91.1) (97.9)
Cost of goods sold (48.7) (53.2) (89.1) (96.9)
Gross profit 0.0 (0.6) (2.0) (1.0)
Operating Expenses:        
Selling, general and administrative expenses 0.0 0.0 0.0 0.0
Losses and other expenses, net (0.1) 0.0 0.0 (0.1)
Restructuring charges 0.0 0.0 0.0 0.0
Income from equity method investments 123.9 84.4 151.4 99.0
Operating income (123.8) (85.0) (153.4) (99.9)
Interest expense, net 0.0 0.0 0.0 0.0
Other expense, net 0.0 0.0 0.0  
Income from continuing operations before income taxes (123.8) (85.0) (153.4) (99.9)
Provision for income taxes 0.1 (0.3) (0.7) (0.4)
Income from continuing operations (123.9) (84.7) (152.7) (99.5)
Loss from discontinued operations 0.0 0.0 0.0 0.0
Net income (123.9) (84.7) (152.7) (99.5)
Other comprehensive income (loss), net of tax 0.8 0.3 1.8 (1.4)
Comprehensive income (123.1) (84.4) (150.9) (100.9)
Parent [Member]        
Condensed Consolidating Statements of Operations        
Net sales 0.0 0.0 0.0 0.0
Cost of goods sold 0.0 0.0 0.0 0.0
Gross profit 0.0 0.0 0.0 0.0
Operating Expenses:        
Selling, general and administrative expenses 0.0 0.0 0.0 0.0
Losses and other expenses, net 0.0 0.4 (0.6) 0.5
Restructuring charges 0.0 0.0 0.0 0.0
Income from equity method investments (115.5) (85.6) (143.5) (103.1)
Operating income 115.5 85.2 144.1 102.6
Interest expense, net 6.3 6.2 11.7 11.7
Other expense, net 0.0 0.0 0.0  
Income from continuing operations before income taxes 109.2 79.0 132.4 90.9
Provision for income taxes (1.5) (2.2) (3.1) (4.2)
Income from continuing operations 110.7 81.2 135.5 95.1
Loss from discontinued operations 0.0 0.0 0.0 0.0
Net income 110.7 81.2 135.5 95.1
Other comprehensive income (loss), net of tax 0.3 0.3 4.9 1.3
Comprehensive income 111.0 81.5 140.4 96.4
Guarantor Subsidiaries [Member]        
Condensed Consolidating Statements of Operations        
Net sales 884.5 864.6 1,498.3 1,440.7
Cost of goods sold 611.7 617.2 1,072.4 1,060.8
Gross profit 272.8 247.4 425.9 379.9
Operating Expenses:        
Selling, general and administrative expenses 139.9 130.1 258.6 238.0
Losses and other expenses, net 0.7 1.1 3.1 5.0
Restructuring charges 1.0 (0.5) 1.0 (0.4)
Income from equity method investments (9.5) 0.2 (9.5) 2.6
Operating income 140.7 116.5 172.7 134.7
Interest expense, net (0.5) (0.6) (1.0) (1.1)
Other expense, net 0.0 0.0 0.0  
Income from continuing operations before income taxes 141.2 117.1 173.7 135.8
Provision for income taxes 34.8 40.4 46.8 48.2
Income from continuing operations 106.4 76.7 126.9 87.6
Loss from discontinued operations 0.0 0.0 0.0 0.0
Net income 106.4 76.7 126.9 87.6
Other comprehensive income (loss), net of tax 0.3 (1.3) 2.4 (5.2)
Comprehensive income 106.7 75.4 129.3 82.4
Non-Guarantor Subsidiaries [Member]        
Condensed Consolidating Statements of Operations        
Net sales 183.4 181.7 327.2 335.5
Cost of goods sold 141.2 145.1 252.5 268.0
Gross profit 42.2 36.6 74.7 67.5
Operating Expenses:        
Selling, general and administrative expenses 19.5 22.8 41.1 48.2
Losses and other expenses, net (0.2) 1.8 2.2 3.5
Restructuring charges (0.2) 2.3 (0.4) 2.5
Income from equity method investments (5.2) (4.5) (9.2) (7.3)
Operating income 28.3 14.2 41.0 20.6
Interest expense, net 1.0 0.8 2.0 1.6
Other expense, net (0.2) 0.0 (0.3)  
Income from continuing operations before income taxes 27.5 13.4 39.3 19.0
Provision for income taxes 9.5 5.0 12.9 6.6
Income from continuing operations 18.0 8.4 26.4 12.4
Loss from discontinued operations 0.5 0.4 0.5 0.5
Net income 17.5 8.0 25.9 11.9
Other comprehensive income (loss), net of tax 2.7 0.5 9.0 (20.1)
Comprehensive income $ 20.2 $ 8.5 $ 34.9 $ (8.2)