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Divestiture (Tables)
9 Months Ended
Sep. 30, 2014
Discontinued Operations [Abstract]  
Schedule of disposal groups, including discontinued operations, income statement [Table Text Block]
The following table summarizes the results of the Pressure Sensitive Materials business, reclassified as discontinued operations for the three and nine month periods ended September 30, 2014 and 2013:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
(in millions)
 
2014
 
2013
 
2014
 
2013
Net sales
 
$
134.6

 
$
137.0

 
$
422.2

 
$
419.3

 
 
 
 
 
 
 
 
 
(Loss) income from discontinued operations before income taxes
 
$
(34.9
)
 
$
8.0

 
$
(42.2
)
 
$
22.2

Provision for income taxes on discontinued operations
 
9.6

 
2.9

 
7.7

 
8.0

(Loss) income from discontinued operations, net of tax
 
$
(44.5
)
 
$
5.1

 
$
(49.9
)
 
$
14.2

 
 
 
 
 
 
 
 
 
Schedule of carrying value of assets and liabilities held for sale [Table Text Block]
The following table summarizes the carrying value of the assets and liabilities held for sale:
(in millions)
 
September 30, 2014
Cash and cash equivalents
 
$
10.0

Accounts receivable, net
 
71.3

Inventories
 
78.2

Prepaid expenses and other current assets
 
1.1

Property and equipment, net
 
79.4

Goodwill
 
7.8

Other intangible assets, net
 
1.6

Deferred charges and other assets
 
0.4

Assets held for sale
 
$
249.8

 
 
 
Accounts payable
 
$
50.2

Accrued salaries and wages
 
18.8

Accrued income and other taxes
 
5.3

Other current liabilities
 
2.9

Other liabilities and deferred credits
 
9.8

Liabilities held for sale
 
$
87.0