XML 55 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net revenues $ 2,238.0 $ 2,068.1 $ 2,118.3
Cost of Goods and Services Sold 1,252.7 1,199.0 1,264.6
Selling and administrative expenses (559.8) (510.5) (527.4)
Operating income (loss) 425.5 358.6 326.3
Interest expense (64.3) (52.9) (53.8)
Disposal Group, Not Discontinued Operation, Loss on Disposal 84.4 104.2 0.0
Other, net (18.2) (7.8) 4.6
Earnings (loss) before income taxes 295.0 209.3 267.9
Benefit (provision) for income taxes 63.8 54.6 84.2
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 231.2 154.7 183.7
Discontinued operations, net of tax 0.0 (0.4) (11.1)
Net earnings 231.2 154.3 172.6
Other comprehensive income (loss)      
Less: Net earnings attributable to noncontrolling interests (2.1) (0.4) 2.6
Net earnings (loss) attributable to Allegion plc 229.1 153.9 175.2
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (40.7) (60.5) (66.4)
Cash flow hedges and marketable securities unrealized net gains (losses) arising during period 9.7 15.8 2.0
Cash flow hedges and marketable securities net gains (losses) reclassified into earnings (19.0) (17.5) (2.5)
Cash flow hedges and marketable securities tax (expense) benefit (1.3) 0.0 (0.5)
Total cash flow hedges and marketable securities net of tax (10.6) (1.7) (1.0)
Pension and OPEB adjustments prior service gains (costs) for the period 0.0 (0.1) 0.3
Pension and OPEB adjustments net actuarial gains (losses) for the period 3.1 (37.6) (9.9)
Pension and OPEB adjustments amortization reclassified to earnings 6.0 5.4 4.3
Other comprehensive income loss pension and other postretirement benefits settlements and curtailments reclassified to earnings 0.3 1.1 0.0
Pension and OPEB adjustments currency translation and other 14.4 5.0 4.8
Pension and OPEB adjustments tax (expense) benefit (5.0) 3.0 15.7
Total pension and OPEB adjustments, net of tax 18.8 (23.2) 15.2
Other comprehensive income (loss), net of tax (32.5) (85.4) (52.2)
Total comprehensive income (loss), net of tax 198.7 68.9 120.4
Total comprehensive (income) loss attributable to noncontrolling interests 1.7 (0.9) (3.3)
Total comprehensive income (loss) attributable to Allegion plc 197.0 69.8 123.7
Amounts attributable to Allegion plc ordinary shareholders:      
Continuing operations 229.1 154.3 186.3
Discontinued operations 0.0 (0.4) (11.1)
Net earnings (loss) attributable to Allegion plc $ 229.1 $ 153.9 $ 175.2
Basic:      
Continuing operations $ 2.39 $ 1.61 $ 1.94
Discontinued operations 0.00 (0.01) (0.12)
Net earnings (loss) 2.39 1.60 1.82
Diluted:      
Continuing operations 2.36 1.59 1.92
Discontinued operations 0.00 0.00 (0.12)
Net earnings (loss) 2.36 1.59 1.80
Common stock, dividends, in dollars per share, declared $ 0.48 $ 0.40 $ 0.32