Guarantor Financial Information

6 Months Ended

Jun. 30, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Ingersoll-Rand plc (IR-Ireland), a public limited company incorporated in Ireland in 2009, is the successor to Ingersoll-Rand Company Limited, a Bermuda company (IR-Limited), following a corporate reorganization that became effective on July 1, 2009 (the Ireland Reorganization). IR-Limited is the successor to Ingersoll-Rand Company, a New Jersey corporation (IR-New Jersey), following a corporate reorganization that occurred on December 31, 2001 (the Bermuda Reorganization). As part of the Bermuda Reorganization, IR-Limited fully and unconditionally guaranteed all of the issued public debt securities of IR-New Jersey.

As part of the Ireland Reorganization, IR-Ireland became the ultimate parent company and Ingersoll-Rand International Holding Limited (IR-International) became its stand-alone subsidiary. In addition, (i) IR-International assumed the obligations of IR-Limited as issuer or guarantor, as the case may be, and (ii) IR-Ireland and IR-Limited fully and unconditionally guaranteed the obligations under the various indentures covering the currently outstanding public debt of IR-International, Ingersoll-Rand Global Holding Company Limited (IR-Global), and IR-New Jersey. Also as part of the Ireland Reorganization, IR-Limited transferred all the shares of IR-Global to IR-International in exchange for a note payable that has since been settled. In 2013, the public outstanding indentures of IR-Global and IR-International were modified to include IR-New Jersey as a co-obligor.

In the fourth quarter of 2014, the Company issued $1.1 billion of public debt through a newly incorporated, wholly-owned subsidiary, Ingersoll-Rand Luxembourg Finance S.A. (IR-Lux). This debt was guaranteed fully and unconditionally by each of the existing guarantors (IR-Ireland, IR-Limited, IR-International and IR-New Jersey) as well as IR-Global. Also in 2014, the public indentures of IR-Global and IR-New Jersey were modified to include IR-Lux as a guarantor.

Our current guarantor structure is as follows:


•	IR-Ireland, IR-Limited, IR-International and IR-Lux fully and unconditionally guarantee the outstanding public debt of IR-Global and IR-New Jersey;


•	IR-Ireland, IR-Limited, IR-International, IR-Global and IR-New Jersey fully and unconditionally guarantee the outstanding public debt of IR-Lux;


•	IR-Ireland, IR-Limited, IR-International and IR-New Jersey fully and unconditionally guarantee the revolving credit facilities of IR-Global and IR-Lux (as an additional borrower), and each of IR-Global and IR-Lux guarantee any revolving credit facility borrowings of the other;


•	IR-Ireland, IR-Limited, IR-International and IR-New Jersey fully and unconditionally guarantee any commercial paper borrowings of IR-Global or IR-Lux, and IR-Global guarantees any such borrowings of IR-Lux; and


•	IR-New Jersey is a co-obligor of the outstanding public debt issued by IR-Global.

See Note 6 for a further discussion of public debt issuances and related guarantees.

The Condensed Consolidating Financial Statements present the investments of IR-Ireland, IR-Limited, IR-Global, IR-International, IR-New Jersey and IR-Lux and their subsidiaries using the equity method of accounting. In accordance with generally accepted accounting principles, the amounts related to the issuance of the Class B shares were recorded as a reduction of Total equity. The Notes payable affiliate continues to be reflected on the Condensed Consolidating Balance Sheet of IR-International and is enforceable in accordance with their terms.

The following condensed consolidating financial information for IR-Ireland, IR-Limited, IR-Global, IR-International, IR-New Jersey, IR-Lux, and all their other subsidiaries is included so that separate financial statements of IR-Ireland, IR-Limited, IR-Global, IR-International, IR-New Jersey, and IR-Lux are not required to be filed with the U.S. Securities and Exchange Commission. IR-Ireland's subsidiary debt issuers and guarantors are directly or indirectly 100% owned by IR-Ireland and the guarantees are full and unconditional and joint and several.

Condensed Consolidating Statement of Comprehensive Income

For the three months ended June 30, 2015



In millions	IR Ireland			IR Limited			IR International			IR Global			IR New Jersey			IR Lux			Other Subsidiaries			Consolidating Adjustments			IR Ireland Consolidated
Net revenues	$	—		$	—		$	—		$	—		$	289.5		$	—		$	3,310.7		$	—		$	3,600.2
Cost of goods sold	—			—			—			—			(180.5		)	—			(2,314.0		)	—			(2,494.5		)
Selling and administrative expenses	(3.8		)	—			—			0.1			(112.4		)	(0.1		)	(537.3		)	—			(653.5		)
Operating income (loss)	(3.8		)	—			—			0.1			(3.4		)	(0.1		)	459.4			—			452.2
Equity earnings (loss) in affiliates, net of tax	91.4			91.4			91.1			(37.4		)	238.2			96.3			49.1			(620.1		)	—
Interest expense	—			—			—			(32.0		)	(12.2		)	(10.6		)	(1.0		)	—			(55.8		)
Intercompany interest and fees	(6.1		)	(0.9		)	(1.3		)	(7.0		)	(64.8		)	(0.7		)	80.8			—			—
Other income/(expense), net	(3.2		)	—			—			—			20.3			—			4.9			—			22.0
Earnings (loss) before income taxes	78.3			90.5			89.8			(76.3		)	178.1			84.9			593.2			(620.1		)	418.4
Benefit (provision) for income taxes	0.8			—			—			14.1			(211.2		)	—			(135.1		)	—			(331.4		)
Earnings (loss) from continuing operations	79.1			90.5			89.8			(62.2		)	(33.1		)	84.9			458.1			(620.1		)	87.0
Earnings (loss) from discontinued operations, net of tax	—			—			—			—			(4.4		)	—			0.3			—			(4.1		)
Net earnings (loss)	79.1			90.5			89.8			(62.2		)	(37.5		)	84.9			458.4			(620.1		)	82.9
Less: Net earnings attributable to noncontrolling interests	—			—			—			—			—			—			(97.0		)	93.0			(4.0		)
Net earnings (loss) attributable to Ingersoll-Rand plc	$	79.1		$	90.5		$	89.8		$	(62.2	)	$	(37.5	)	$	84.9		$	361.4		$	(527.1	)	$	78.9

Total comprehensive income (loss)	140.1			152.0			89.8			(62.1		)	(32.8		)	85.0			514.1			(743.1		)	143.0
Less: Total comprehensive (income) loss attributable to noncontrolling interests	—			—			—			—			—			—			(95.8		)	93.0			(2.8		)
Total comprehensive income (loss) attributable to Ingersoll-Rand plc	$	140.1		$	152.0		$	89.8		$	(62.1	)	$	(32.8	)	$	85.0		$	418.3		$	(650.1	)	$	140.2

Condensed Consolidating Statement of Comprehensive Income

For the six months ended June 30, 2015



In millions	IR Ireland			IR Limited			IR International			IR Global			IR New Jersey			IR Lux			Other Subsidiaries			Consolidating Adjustments			IR Ireland Consolidated
Net revenues	$	—		$	—		$	—		$	—		$	566.5		$	—		$	5,921.5		$	—		$	6,488.0
Cost of goods sold	—			—			—			—			(366.9		)	—			(4,214.3		)	—			(4,581.2		)
Selling and administrative expenses	(5.3		)	—			—			—			(228.6		)	(0.4		)	(1,049.2		)	—			(1,283.5		)
Operating income (loss)	(5.3		)	—			—			—			(29.0		)	(0.4		)	658.0			—			623.3
Equity earnings (loss) in affiliates, net of tax	148.8			149.0			149.4			(42.8		)	309.1			107.7			104.7			(925.9		)	—
Interest expense	—			—			—			(63.9		)	(24.3		)	(20.8		)	(1.9		)	—			(110.9		)
Intercompany interest and fees	(11.8		)	(1.8		)	(2.7		)	(13.8		)	(127.2		)	(1.1		)	158.4			—			—
Other income/(expense), net	(2.5		)	—			—			—			31.3			—			(33.2		)	—			(4.4		)
Earnings (loss) before income taxes	129.2			147.2			146.7			(120.5		)	159.9			85.4			886.0			(925.9		)	508.0
Benefit (provision) for income taxes	1.0			—			—			28.2			(188.5		)	—			(199.0		)	—			(358.3		)
Earnings (loss) from continuing operations	130.2			147.2			146.7			(92.3		)	(28.6		)	85.4			687.0			(925.9		)	149.7
Earnings (loss) from discontinued operations, net of tax	—			—			—			—			(13.5		)	—			2.1			—			(11.4		)
Net earnings (loss)	130.2			147.2			146.7			(92.3		)	(42.1		)	85.4			689.1			(925.9		)	138.3
Less: Net earnings attributable to noncontrolling interests	—			—			—			—			—			—			(115.8		)	107.7			(8.1		)
Net earnings (loss) attributable to Ingersoll-Rand plc	$	130.2		$	147.2		$	146.7		$	(92.3	)	$	(42.1	)	$	85.4		$	573.3		$	(818.2	)	$	130.2

Total comprehensive income (loss)	(88.7		)	(71.7		)	146.7			(92.0		)	(33.3		)	85.5			460.1			(488.1		)	(81.5		)
Less: Total comprehensive (income) loss attributable to noncontrolling interests	—			—			—			—			—			—			(114.8		)	107.7			(7.1		)
Total comprehensive income (loss) attributable to Ingersoll-Rand plc	$	(88.7	)	$	(71.7	)	$	146.7		$	(92.0	)	$	(33.3	)	$	85.5		$	345.3		$	(380.4	)	$	(88.6	)

Condensed Consolidating Statement of Comprehensive Income

For the three months ended June 30, 2014



In millions	IR Ireland			IR Limited			IR International			IR Global			IR New Jersey			Other Subsidiaries			Consolidating Adjustments			IR Ireland Consolidated
Net revenues	$	—		$	—		$	—		$	—		$	246.2		$	3,296.7		$	—		$	3,542.9
Cost of goods sold	—			—			—			—			(151.9		)	(2,288.0		)	—			(2,439.9		)
Selling and administrative expenses	(20.7		)	—			—			(0.3		)	(89.3		)	(529.4		)	—			(639.7		)
Operating income (loss)	(20.7		)	—			—			(0.3		)	5.0			479.3			—			463.3
Equity earnings (loss) in affiliates, net of tax	330.3			335.1			339.7			204.1			277.0			537.4			(2,023.6		)	—
Interest expense	—			—			(3.9		)	(31.9		)	(12.3		)	(4.9		)	—			(53.0		)
Intercompany interest and fees	(4.1		)	(0.9		)	(2.1		)	0.1			(62.2		)	69.2			—			—
Other income/(expense), net	—			—			(0.4		)	—			—			9.0			—			8.6
Earnings (loss) before income taxes	305.5			334.2			333.3			172.0			207.5			1,090.0			(2,023.6		)	418.9
Benefit (provision) for income taxes	0.3			(0.1		)	—			11.7			15.2			(130.8		)	—			(103.7		)
Earnings (loss) from continuing operations	305.8			334.1			333.3			183.7			222.7			959.2			(2,023.6		)	315.2
Earnings (loss) from discontinued operations, net of tax	0.1			—			—			—			(18.7		)	14.0			—			(4.6		)
Net earnings	305.9			334.1			333.3			183.7			204.0			973.2			(2,023.6		)	310.6
Less: Net earnings attributable to noncontrolling interests	—			—			—			—			—			(4.6		)	—			(4.6		)
Net earnings attributable to Ingersoll-Rand plc	$	305.9		$	334.1		$	333.3		$	183.7		$	204.0		$	968.6		$	(2,023.6	)	$	306.0

Total comprehensive income	311.1			346.7			333.6			183.8			67.9			1,041.9			(1,969.6		)	315.4
Less: Total comprehensive income attributable to noncontrolling interests	—			—			—			—			—			(4.4		)	0.1			(4.3		)
Total comprehensive income attributable to Ingersoll-Rand plc	$	311.1		$	346.7		$	333.6		$	183.8		$	67.9		$	1,037.5		$	(1,969.5	)	$	311.1

Condensed Consolidating Statement of Comprehensive Income

For the six months ended June 30, 2014



In millions	IR Ireland			IR Limited			IR International			IR Global			IR New Jersey			Other Subsidiaries			Consolidating Adjustments			IR Ireland Consolidated
Net revenues	$	—		$	—		$	—		$	—		$	476.0		$	5,789.9		$	—		$	6,265.9
Cost of goods sold	—			—			—			—			(285.4		)	(4,109.4		)	—			(4,394.8		)
Selling and administrative expenses	(22.8		)	—			—			(0.4		)	(195.6		)	(1,034.0		)	—			(1,252.8		)
Operating income (loss)	(22.8		)	—			—			(0.4		)	(5.0		)	646.5			—			618.3
Equity earnings in affiliates, net of tax	415.3			421.1			430.4			184.6			286.4			595.3			(2,333.1		)	—
Interest expense	—			—			(7.9		)	(63.9		)	(24.6		)	(8.6		)	—			(105.0		)
Intercompany interest and fees	(8.1		)	(1.8		)	(7.8		)	(1.0		)	(87.0		)	105.7			—			—
Other income/(expense), net	0.2			—			3.3			—			13.9			(6.7		)	—			10.7
Earnings (loss) before income taxes	384.6			419.3			418.0			119.3			183.7			1,332.2			(2,333.1		)	524.0
Benefit (provision) for income taxes	0.3			(0.1		)	—			19.5			18.9			(166.9		)	—			(128.3		)
Earnings (loss) from continuing operations	384.9			419.2			418.0			138.8			202.6			1,165.3			(2,333.1		)	395.7
Earnings (loss) from discontinued operations, net of tax	—			—			—			—			(25.2		)	23.5			—			(1.7		)
Net earnings (loss)	384.9			419.2			418.0			138.8			177.4			1,188.8			(2,333.1		)	394.0
Less: Net earnings attributable to noncontrolling interests	—			—			—			—			—			(9.1		)	—			(9.1		)
Net earnings (loss) attributable to Ingersoll-Rand plc	$	384.9		$	419.2		$	418.0		$	138.8		$	177.4		$	1,179.7		$	(2,333.1	)	$	384.9

Total comprehensive income (loss)	354.1			395.8			418.6			139.0			234.8			1,029.6			(2,207.5		)	364.4
Less: Total comprehensive income attributable to noncontrolling interests	—			—			—			—			—			(10.3		)	—			(10.3		)
Total comprehensive income attributable to Ingersoll-Rand plc	$	354.1		$	395.8		$	418.6		$	139.0		$	234.8		$	1,019.3		$	(2,207.5	)	$	354.1

Condensed Consolidating Balance Sheet

June 30, 2015



In millions	IR Ireland		IR Limited		IR International		IR Global		IR New Jersey		IR Lux		Other Subsidiaries		Consolidating Adjustments			IR Ireland Consolidated
Current assets:
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	5.4	$	0.4	$	795.2	$	(21.4	)	$	779.6
Accounts and notes receivable, net	—		—		—		—		178.2		—		2,284.9		—			2,463.1
Inventories	—		—		—		—		213.4		—		1,421.1		—			1,634.5
Other current assets	1.1		—		—		32.3		234.8		—		383.2		—			651.4
Accounts and notes receivable affiliates	129.6		309.5		7,258.1		231.6		729.8		158.4		17,081.9		(25,898.9		)	—
Total current assets	130.7		309.5		7,258.1		263.9		1,361.6		158.8		21,966.3		(25,920.3		)	5,528.6
Investment in affiliates	9,731.3		12,843.3		4,160.5		9,290.4		15,221.7		1,927.9		7,400.9		(60,576.0		)	—
Property, plant and equipment, net	—		—		—		—		451.1		—		1,134.9		—			1,586.0
Goodwill and other intangible assets, net	—		—		—		—		416.2		—		9,364.9		—			9,781.1
Other noncurrent assets	0.2		—		—		203.3		784.3		9.3		648.4		(654.4		)	991.1
Total assets	$	9,862.2	$	13,152.8	$	11,418.6	$	9,757.6	$	18,234.9	$	2,096.0	$	40,515.4	$	(87,150.7	)	$	17,886.8
Current liabilities:
Accounts payable and accruals	$	6.7	$	—	$	—	$	43.1	$	967.3	$	6.0	$	2,796.3	$	(21.4	)	$	3,798.0
Short-term borrowings and current maturities of long-term debt	—		—		—		—		350.5		293.0		16.2		—			659.7
Accounts and note payable affiliates	4,027.9		751.1		0.2		442.0		10,835.4		573.2		9,268.4		(25,898.2		)	—
Total current liabilities	4,034.6		751.1		0.2		485.1		12,153.2		872.2		12,080.9		(25,919.6		)	4,457.7
Long-term debt	—		—		—		2,296.2		342.1		1,095.5		0.8		—			3,734.6
Other noncurrent liabilities	—		—		3.8		3.3		1,416.3		—		3,038.0		(654.4		)	3,807.0
Total liabilities	4,034.6		751.1		4.0		2,784.6		13,911.6		1,967.7		15,119.7		(26,574.0		)	11,999.3
Equity:
Total equity	5,827.6		12,401.7		11,414.6		6,973.0		4,323.3		128.3		25,395.7		(60,576.7		)	5,887.5
Total liabilities and equity	$	9,862.2	$	13,152.8	$	11,418.6	$	9,757.6	$	18,234.9	$	2,096.0	$	40,515.4	$	(87,150.7	)	$	17,886.8

Condensed Consolidating Balance Sheet

December 31, 2014



In millions	IR Ireland		IR Limited		IR International		IR Global		IR New Jersey		IR Lux		Other Subsidiaries		Consolidating Adjustments			IR Ireland Consolidated
Current assets:
Cash and cash equivalents	$	—	$	—	$	—	$	—	$	425.4	$	—	$	1,279.8	$	—		$	1,705.2
Accounts and notes receivable, net	—		—		—		—		147.0		—		1,972.0		—			2,119.0
Inventories	—		—		—		—		106.1		—		1,252.8		—			1,358.9
Other current assets	0.1		—		—		31.0		126.9		—		366.8		—			524.8
Accounts and notes receivable affiliates	48.6		309.5		8,227.0		306.0		4,788.2		50.7		21,832.6		(35,562.6		)	—
Total current assets	48.7		309.5		8,227.0		337.0		5,593.6		50.7		26,704.0		(35,562.6		)	5,707.9
Investment in affiliates	9,738.8		12,913.2		4,011.0		9,333.0		15,028.4		1,699.9		8,645.5		(61,369.8		)	—
Property, plant and equipment, net	—		—		—		—		324.7		—		1,152.3		—			1,477.0
Goodwill and other intangible assets, net	—		—		—		—		66.6		—		9,107.1		—			9,173.7
Other noncurrent assets	0.2		—		—		176.7		731.7		9.6		595.4		(573.7		)	939.9
Total assets	$	9,787.7	$	13,222.7	$	12,238.0	$	9,846.7	$	21,745.0	$	1,760.2	$	46,204.3	$	(97,506.1	)	$	17,298.5
Current liabilities:
Accounts payable and accruals	$	7.9	$	—	$	—	$	26.6	$	495.8	$	8.1	$	2,645.0	$	—		$	3,183.4
Short-term borrowings and current maturities of long-term debt	—		—		—		—		350.5		100.0		32.2		—			482.7
Accounts and note payable affiliates	3,792.4		749.2		966.4		441.3		14,779.8		514.1		14,319.5		(35,562.7		)	—
Total current liabilities	3,800.3		749.2		966.4		467.9		15,626.1		622.2		16,996.7		(35,562.7		)	3,666.1
Long-term debt	—		—		—		2,296.1		349.6		1,095.1		0.9		—			3,741.7
Other noncurrent liabilities	—		—		3.8		2.7		1,471.6		—		2,940.9		(573.7		)	3,845.3
Total liabilities	3,800.3		749.2		970.2		2,766.7		17,447.3		1,717.3		19,938.5		(36,136.4		)	11,253.1
Equity:
Total equity	5,987.4		12,473.5		11,267.8		7,080.0		4,297.7		42.9		26,265.8		(61,369.7		)	6,045.4
Total liabilities and equity	$	9,787.7	$	13,222.7	$	12,238.0	$	9,846.7	$	21,745.0	$	1,760.2	$	46,204.3	$	(97,506.1	)	$	17,298.5

Condensed Consolidating Statement of Cash Flows

For the six months ended June 30, 2015



In millions	IR Ireland			IR Limited		IR International		IR Global			IR New Jersey			IR Lux			Other Subsidiaries			Consolidating Adjustments			IR Ireland Consolidated
Net cash provided by (used in) continuing operating activities	$	(7.8	)	$	—	$	—	$	(63.9	)	$	(188.0	)	$	(21.2	)	$	501.8		$	(37.2	)	$	183.7
Net cash used in discontinued operating activities	—			—		—		—			(13.5		)	—			(0.2		)	—			(13.7		)
Net cash provided by (used in) operating activities	(7.8		)	—		—		(63.9		)	(201.5		)	(21.2		)	501.6			(37.2		)	170.0
Cash flows from investing activities:
Capital expenditures	—			—		—		—			(58.2		)	—			(57.1		)	—			(115.3		)
Acquisition of businesses, net of cash acquired	—			—		—		—			(448.1		)	—			(493.6		)	—			(941.7		)
Proceeds from sale of property, plant and equipment	—			—		—		—			—			—			5.7			—			5.7
Net cash used in continuing investing activities	—			—		—		—			(506.3		)	—			(545.0		)	—			(1,051.3		)
Cash flows from financing activities:
Net proceeds (repayments) in debt	—			—		—		—			(7.5		)	184.7			(16.2		)				161.0
Net inter-company proceeds (payments)	113.8			—		—		63.9			295.3			(163.1		)	(309.9		)				—
Dividends paid to ordinary shareholders	(151.3		)	—		—		—			—			—			(15.8		)	15.8			(151.3		)
Dividends paid to noncontrolling interests	—			—		—		—			—			—			(5.2		)	—			(5.2		)
Other financing activities, net	45.3			—		—		—			—			—			—						45.3
Net cash provided by (used in) continuing financing activities	7.8			—		—		63.9			287.8			21.6			(347.1		)	15.8			49.8
Effect of exchange rate changes on cash and cash equivalents	—			—		—		—			—			—			(94.1		)	—			(94.1		)
Net increase (decrease) in cash and cash equivalents	—			—		—		—			(420.0		)	0.4			(484.6		)	(21.4		)	(925.6		)
Cash and cash equivalents - beginning of period	—			—		—		—			425.4			—			1,279.8			—			1,705.2
Cash and cash equivalents - end of period	$	—		$	—	$	—	$	—		$	5.4		$	0.4		$	795.2		$	(21.4	)	$	779.6

Condensed Consolidating Statement of Cash Flows

For the six months ended June 30, 2014



In millions	IR Ireland			IR Limited		IR International			IR Global			IR New Jersey			Other Subsidiaries			Consolidating Adjustments			IR Ireland Consolidated
Net cash provided by (used in) continuing operating activities	$	(22.6	)	$	—	$	(4.6	)	$	(64.3	)	$	146.1		$	1,058.5		$	(926.1	)	$	187.0
Net cash provided by (used in) discontinued operating activities	—			—		—			—			(64.8		)	9.0			—			(55.8		)
Net cash provided by (used in) operating activities	(22.6		)	—		(4.6		)	(64.3		)	81.3			1,067.5			(926.1		)	131.2
Cash flows from investing activities:
Capital expenditures	—			—		—			—			(38.9		)	(53.7		)	—			(92.6		)
Acquisition of businesses, net of cash acquired	—			—		—			—			—			(6.8		)	—			(6.8		)
Proceeds from sale of property, plant and equipment	—			—		—			—			0.9			2.0			—			2.9
Proceeds from business disposition, net of cash sold	—			—		—			—			—			2.0			—			2.0
Dividends received from equity investment	—			—		—			—			—			30.3			—			30.3
Net cash provided by (used in) continuing investing activities	—			—		—			—			(38.0		)	(26.2		)	—			(64.2		)
Cash flows from financing activities:
Net proceeds (repayments) in debt	—			—		—			38.5			(7.5		)	8.0			—			39.0
Net inter-company proceeds (payments)	1,099.5			—		4.6			(947.0		)	746.0			(903.1		)	—			—
Dividends paid to ordinary shareholders	(132.8		)	—		—			—			(734.1		)	(192.0		)	926.1			(132.8		)
Dividends paid to noncontrolling interests	—			—		—			—			—			(14.9		)	—			(14.9		)
Proceeds from shares issued under incentive plans	—			—		—			—			—			—			—			—
Repurchase of ordinary shares	(1,012.8		)	—		—			—			—			—			—			(1,012.8		)
Other financing activities, net	68.7			—		—			(2.4		)	—			—			—			66.3
Net cash provided by (used in) continuing financing activities	22.6			—		4.6			(910.9		)	4.4			(1,102.0		)	926.1			(1,055.2		)
Effect of exchange rate changes on cash and cash equivalents	—			—		—			—			—			(19.2		)	—			(19.2		)
Net increase (decrease) in cash and cash equivalents	—			—		—			(975.2		)	47.7			(79.9		)	—			(1,007.4		)
Cash and cash equivalents - beginning of period	—			—		—			975.3			59.6			902.3			—			1,937.2
Cash and cash equivalents - end of period	$	—		$	—	$	—		$	0.1		$	107.3		$	822.4		$	—		$	929.8