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BASIS OF PRESENTATION (Tables)
3 Months Ended
Mar. 31, 2021
BASIS OF PRESENTATION  
Schedule of change in accumulated other comprehensive income (loss)

Foreign

(In millions)

    

Currency

    

Pension Benefits

    

Total

Balance December 31, 2020

$

60.1

$

(21.4)

$

38.7

Other comprehensive (income) loss

(54.5)

3.5

(51.0)

Balance March 31, 2021

$

5.6

$

(17.9)

$

(12.3)

Schedule components of other expense (income)

Three Months Ended

(In millions)

March 31, 2021

March 31, 2020

Derivative liability fair value adjustment for embedded conversion feature in the Convertible Notes

$

$

(0.5)

Derivative asset fair value adjustment for contingent call option related to the Class B common stock purchase and cancellation agreement

20.1

Credit losses (income) related to contingent lease guarantees

(2.0)

5.3

Governmental assistance due to COVID-19

(12.4)

Foreign currency transaction (gains) losses

(3.8)

2.0

Non-operating components of net periodic benefit cost

(0.2)

Financing fees related to modification of debt agreements

1.0

Total other expense (income)

$

(17.4)

$

26.9

Schedule of impairment of assets

Three Months Ended

(In millions)

    

March 31, 2021

    

March 31, 2020

Impairment of long-lived assets

$

$

91.3

Impairment of definite-lived intangible assets

8.0

Impairment of indefinite-lived intangible assets

8.3

Impairment of goodwill

1,744.3

Impairment of long-lived assets, definite and indefinite-lived intangible assets and goodwill

1,851.9

Impairment of other assets recorded in investment expense (income)

7.2

Total impairment loss

$

$

1,859.1