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Guarantor Financial Information (Tables)
 6 Months Ended
Jun. 30, 2019
Condensed Financial Information Disclosure [Abstract]  
Condensed Statement of Comprehensive Income

Condensed and Consolidated Statement of Comprehensive Income
For the three months ended June 30, 2019
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Net revenues
$
—

 
$
—

 
$
731.2

 
$
—

 
$
731.2

Cost of goods sold
—

 
—

 
410.5

 
—

 
410.5

Selling and administrative expenses
1.7

 
—

 
173.3

 
—

 
175.0

Operating (loss) income
(1.7
)
 
—

 
147.4

 
—

 
145.7

Equity earnings (loss) in affiliates, net of tax
119.7

 
72.8

 
—

 
(192.5
)
 
—

Interest expense
7.2

 
6.2

 
—

 
—

 
13.4

Intercompany interest and fees
1.5

 
26.5

 
(28.0
)
 
—

 
—

Other expense, net
—

 
—

 
0.7

 
—

 
0.7

Earnings (loss) before income taxes
109.3

 
40.1

 
174.7

 
(192.5
)
 
131.6

Provision (benefit) for income taxes
—

 
(8.0
)
 
30.2

 
—

 
22.2

Net earnings (loss)
109.3

 
48.1

 
144.5

 
(192.5
)
 
109.4

Less: Net earnings attributable to noncontrolling interests
—

 
—

 
0.1

 
—

 
0.1

Net earnings (loss) attributable to Allegion plc
$
109.3

 
$
48.1

 
$
144.4

 
$
(192.5
)
 
$
109.3

 
 
 
 
 
 
 
 
 
 
Total comprehensive income (loss)
$
115.0

 
$
45.8

 
$
150.8

 
$
(197.1
)
 
$
114.5

Less: Total comprehensive loss attributable to noncontrolling interests
—

 
—

 
(0.5
)
 
—

 
(0.5
)
Total comprehensive income (loss) attributable to Allegion plc
$
115.0

 
$
45.8

 
$
151.3

 
$
(197.1
)
 
$
115.0



Condensed and Consolidated Statement of Comprehensive Income
For the six months ended June 30, 2019
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Net revenues
$
—

 
$
—

 
$
1,386.2

 
$
—

 
$
1,386.2

Cost of goods sold
—

 
—

 
788.6

 
—

 
788.6

Selling and administrative expenses
3.1

 
—

 
340.8

 
—

 
343.9

Operating (loss) income
(3.1
)
 
—

 
256.8

 
—

 
253.7

Equity earnings (loss) in affiliates, net of tax
209.0

 
108.0

 
—

 
(317.0
)
 
—

Interest expense
14.7

 
12.3

 
0.1

 
—

 
27.1

Intercompany interest and fees
1.7

 
52.8

 
(54.5
)
 
—

 
—

Other income, net
—

 
—

 
(0.4
)
 
—

 
(0.4
)
Earnings (loss) before income taxes
189.5

 
42.9

 
311.6

 
(317.0
)
 
227.0

Provision (benefit) for income taxes
—

 
(16.0
)
 
53.3

 
—

 
37.3

Net earnings (loss)
189.5

 
58.9

 
258.3

 
(317.0
)
 
189.7

Less: Net earnings attributable to noncontrolling interests
—

 
—

 
0.2

 
—

 
0.2

Net earnings (loss) attributable to Allegion plc
$
189.5

 
$
58.9

 
$
258.1

 
$
(317.0
)
 
$
189.5

 
 
 
 
 
 
 
 
 
 
Total comprehensive income (loss)
$
179.9

 
$
55.4

 
$
251.2

 
$
(306.4
)
 
$
180.1

Less: Total comprehensive income attributable to noncontrolling interests
—

 
—

 
0.2

 
—

 
0.2

Total comprehensive income (loss) attributable to Allegion plc
$
179.9

 
$
55.4

 
$
251.0

 
$
(306.4
)
 
$
179.9



Condensed and Consolidated Statement of Comprehensive Income
For the three months ended June 30, 2018
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Net revenues
$
—

 
$
—

 
$
704.7

 
$
—

 
$
704.7

Cost of goods sold
—

 
—

 
399.1

 
—

 
399.1

Selling and administrative expenses
2.2

 
—

 
160.0

 
—

 
162.2

Operating (loss) income
(2.2
)
 
—

 
145.6

 
—

 
143.4

Equity earnings (loss) in affiliates, net of tax
123.0

 
43.3

 
0.1

 
(166.4
)
 
—

Interest expense
6.9

 
6.3

 
0.2

 
—

 
13.4

Intercompany interest and fees
—

 
26.4

 
(26.4
)
 
—

 
—

Other income, net
—

 
—

 
(1.6
)
 
—

 
(1.6
)
Earnings (loss) before income taxes
113.9

 
10.6

 
173.5

 
(166.4
)
 
131.6

Provision (benefit) for income taxes
—

 
(4.1
)
 
21.7

 
—

 
17.6

Net earnings (loss)
113.9

 
14.7

 
151.8

 
(166.4
)
 
114.0

Less: Net earnings attributable to noncontrolling interests
—

 
—

 
0.1

 
—

 
0.1

Net earnings (loss) attributable to Allegion plc
$
113.9

 
$
14.7

 
$
151.7

 
$
(166.4
)
 
$
113.9

 
 
 
 
 
 
 
 
 
 
Total comprehensive income (loss)
$
64.7

 
$
14.9

 
$
94.4

 
$
(111.5
)
 
$
62.5

Less: Total comprehensive loss attributable to noncontrolling interests
—

 
—

 
(2.2
)
 
—

 
(2.2
)
Total comprehensive income (loss) attributable to Allegion plc
$
64.7

 
$
14.9

 
$
96.6

 
$
(111.5
)
 
$
64.7



Condensed and Consolidated Statement of Comprehensive Income
For the six months ended June 30, 2018
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Net revenues
$
—

 
$
—

 
$
1,317.8

 
$
—

 
$
1,317.8

Cost of goods sold
—

 
—

 
754.4

 
—

 
754.4

Selling and administrative expenses
3.3

 
—

 
318.0

 
—

 
321.3

Operating (loss) income
(3.3
)
 
—

 
245.4

 
—

 
242.1

Equity earnings (loss) in affiliates, net of tax
202.4

 
73.2

 
0.1

 
(275.7
)
 
—

Interest expense
13.0

 
13.1

 
0.2

 
—

 
26.3

Intercompany interest and fees
—

 
51.9

 
(51.9
)
 
—

 
—

Other income, net
—

 
—

 
(2.0
)
 
—

 
(2.0
)
Earnings (loss) before income taxes
186.1

 
8.2

 
299.2

 
(275.7
)
 
217.8

Provision (benefit) for income taxes
—

 
(12.3
)
 
43.7

 
—

 
31.4

Net earnings (loss)
186.1

 
20.5

 
255.5

 
(275.7
)
 
186.4

Less: Net earnings attributable to noncontrolling interests
—

 
—

 
0.3

 
—

 
0.3

Net earnings (loss) attributable to Allegion plc
$
186.1

 
$
20.5

 
$
255.2

 
$
(275.7
)
 
$
186.1

 
 
 
 
 
 
 
 
 
 
Total comprehensive income (loss)
$
163.0

 
$
22.6

 
$
223.3

 
$
(246.9
)
 
$
162.0

Less: Total comprehensive loss attributable to noncontrolling interests
—

 
—

 
(1.0
)
 
—

 
(1.0
)
Total comprehensive income (loss) attributable to Allegion plc
$
163.0

 
$
22.6

 
$
224.3

 
$
(246.9
)
 
$
163.0
Condensed Balance Sheet
Condensed and Consolidated Balance Sheet
June 30, 2019
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
4.2

 
$
1.3

 
$
152.3

 
$
—

 
$
157.8

Restricted cash
—

 
—

 
3.4

 
—

 
3.4

Accounts and notes receivable, net
0.1

 
—

 
379.9

 
—

 
380.0

Inventories
—

 
—

 
304.7

 
—

 
304.7

Other current assets
0.2

 
16.5

 
21.4

 
(0.8
)
 
37.3

Accounts and notes receivable affiliates
—

 
824.5

 
381.2

 
(1,205.7
)
 
—

Total current assets
4.5

 
842.3

 
1,242.9

 
(1,206.5
)
 
883.2

Investment in affiliates
1,463.2

 
853.3

 
—

 
(2,316.5
)
 
—

Property, plant and equipment, net
—

 
—

 
281.7

 
—

 
281.7

Intangible assets, net
—

 
—

 
1,411.7

 
—

 
1,411.7

Notes receivable affiliates
31.2

 
1,061.2

 
2,822.5

 
(3,914.9
)
 
—

Other noncurrent assets
5.1

 
76.1

 
191.5

 
—

 
272.7

Total assets
$
1,504.0

 
$
2,832.9

 
$
5,950.3

 
$
(7,437.9
)
 
$
2,849.3

Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable and other current liabilities
$
2.9

 
$
6.8

 
$
473.1

 
$
(0.8
)
 
$
482.0

Short-term borrowings and current maturities of long-term debt
35.0

 
—

 
0.1

 
—

 
35.1

Accounts and notes payable affiliates
1.9

 
379.2

 
824.6

 
(1,205.7
)
 
—

Total current liabilities
39.8

 
386.0

 
1,297.8

 
(1,206.5
)
 
517.1

Long-term debt
599.1

 
793.3

 
0.7

 
—

 
1,393.1

Notes payable affiliates
202.0

 
2,620.6

 
1,092.3

 
(3,914.9
)
 
—

Other noncurrent liabilities
2.6

 
5.9

 
267.0

 
—

 
275.5

Total liabilities
843.5

 
3,805.8

 
2,657.8

 
(5,121.4
)
 
2,185.7

Equity:
 
 
 
 
 
 
 
 
 
Total shareholders' equity (deficit)
660.5

 
(972.9
)
 
3,289.4

 
(2,316.5
)
 
660.5

Noncontrolling interests
—

 
—

 
3.1

 
—

 
3.1

Total equity (deficit)
660.5

 
(972.9
)
 
3,292.5

 
(2,316.5
)
 
663.6

Total liabilities and equity
$
1,504.0

 
$
2,832.9

 
$
5,950.3

 
$
(7,437.9
)
 
$
2,849.3


Condensed and Consolidated Balance Sheet
December 31, 2018
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Current assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
4.2

 
$
1.0

 
$
278.6

 
$
—

 
$
283.8

Restricted cash
—

 
—

 
6.8

 
—

 
6.8

Accounts and notes receivable, net
—

 
—

 
324.9

 
—

 
324.9

Inventories
—

 
—

 
280.3

 
—

 
280.3

Other current assets
0.5

 
33.7

 
19.1

 
(18.3
)
 
35.0

Assets held for sale
—

 
—

 
0.8

 
—

 
0.8

Accounts and notes receivable affiliates
—

 
816.2

 
369.8

 
(1,186.0
)
 
—

Total current assets
4.7

 
850.9

 
1,280.3

 
(1,204.3
)
 
931.6

Investment in affiliates
1,265.8

 
718.2

 
—

 
(1,984.0
)
 
—

Property, plant and equipment, net
—

 
—

 
276.7

 
—

 
276.7

Intangible assets, net
—

 
—

 
1,430.1

 
—

 
1,430.1

Notes receivable affiliates
30.8

 
1,061.2

 
2,553.4

 
(3,645.4
)
 
—

Other noncurrent assets
4.0

 
61.2

 
106.6

 
—

 
171.8

Total assets
$
1,305.3

 
$
2,691.5

 
$
5,647.1

 
$
(6,833.7
)
 
$
2,810.2

Current liabilities:
 
 
 
 
 
 
 
 
 
Accounts payable and other current liabilities
$
2.0

 
$
6.8

 
$
495.0

 
$
(18.3
)
 
$
485.5

Short-term borrowings and current maturities of long-term debt
35.0

 
—

 
0.3

 
—

 
35.3

Accounts and notes payable affiliates
0.3

 
369.5

 
816.2

 
(1,186.0
)
 
—

Total current liabilities
37.3

 
376.3

 
1,311.5

 
(1,204.3
)
 
520.8

Long-term debt
615.8

 
792.8

 
0.9

 
—

 
1,409.5

Notes payable affiliates
—

 
2,553.4

 
1,092.0

 
(3,645.4
)
 
—

Other noncurrent liabilities
1.2

 
5.5

 
219.2

 
—

 
225.9

Total liabilities
654.3

 
3,728.0

 
2,623.6

 
(4,849.7
)
 
2,156.2

Equity:
 
 
 
 
 
 
 
 
 
Total shareholders' equity (deficit)
651.0

 
(1,036.5
)
 
3,020.5

 
(1,984.0
)
 
651.0

Noncontrolling interests
—

 
—

 
3.0

 
—

 
3.0

Total equity (deficit)
651.0

 
(1,036.5
)
 
3,023.5

 
(1,984.0
)
 
654.0

Total liabilities and equity
$
1,305.3

 
$
2,691.5

 
$
5,647.1

 
$
(6,833.7
)
 
$
2,810.2
Condensed Cash Flow Statement
Condensed and Consolidated Statement of Cash Flows
For the six months ended June 30, 2019
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Net cash (used in) provided by operating activities
$
(1.5
)
 
$
(93.4
)
 
$
217.6

 
$
(15.7
)
 
$
107.0

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
—

 
(29.3
)
 
—

 
(29.3
)
Acquisition of and equity investments in businesses, net of cash acquired
—

 
—

 
(4.6
)
 
—

 
(4.6
)
Other investing activities, net
—

 
(1.5
)
 
(2.3
)
 
1.5

 
(2.3
)
Net cash (used in) provided by investing activities
—

 
(1.5
)
 
(36.2
)
 
1.5

 
(36.2
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
Debt repayments, net
(17.5
)
 
—

 
(0.4
)
 
—

 
(17.9
)
Net inter-company proceeds (payments)
201.6

 
95.2

 
(296.8
)
 
—

 
—

Dividends paid
—

 
—

 
(15.7
)
 
15.7

 
—

Dividends paid to shareholders
(50.5
)
 
—

 
—

 
—

 
(50.5
)
Repurchase of ordinary shares
(133.6
)
 
—

 
—

 
—

 
(133.6
)
Other financing activities, net
1.5

 
—

 
1.4

 
(1.5
)
 
1.4

Net cash provided by (used in) financing activities
1.5

 
95.2

 
(311.5
)
 
14.2

 
(200.6
)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
—

 
—

 
0.4

 
—

 
0.4

Net increase (decrease) in cash, cash equivalents and restricted cash
—

 
0.3

 
(129.7
)
 
—

 
(129.4
)
Cash, cash equivalents and restricted cash - beginning of period
4.2

 
1.0

 
285.4

 
—

 
290.6

Cash, cash equivalents and restricted cash - end of period
$
4.2

 
$
1.3

 
$
155.7

 
$
—

 
$
161.2



Condensed and Consolidated Statement of Cash Flows
For the six months ended June 30, 2018
In millions
Allegion plc
 
Allegion US Holding
 
Other
subsidiaries
 
Consolidating
adjustments
 
Total
Net cash provided by (used in) operating activities
$
108.9

 
$
(62.3
)
 
$
246.0

 
$
(173.9
)
 
$
118.7

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
Capital expenditures
—

 
—

 
(20.9
)
 
—

 
(20.9
)
Acquisition of and equity investments in businesses, net of cash acquired
—

 
(233.3
)
 
(47.2
)
 
—

 
(280.5
)
Other investing activities, net
—

 
—

 
0.1

 
—

 
0.1

Net cash used in investing activities
—

 
(233.3
)
 
(68.0
)
 
—

 
(301.3
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
Debt repayments, net

(17.5
)
 
—

 
(0.9
)
 
—

 
(18.4
)
Net inter-company (payments) proceeds
(21.7
)
 
295.9

 
(274.2
)
 
—

 
—

Dividends paid
—

 
—

 
(173.9
)
 
173.9

 
—

Dividends paid to shareholders
(39.7
)

—


—


—


(39.7
)
Repurchase of ordinary shares
(30.0
)
 
—

 
—

 
—

 
(30.0
)
Other financing activities, net
—

 
—

 
(2.3
)
 
—

 
(2.3
)
Net cash (used in) provided by financing activities
(108.9
)
 
295.9

 
(451.3
)
 
173.9

 
(90.4
)
Effect of exchange rate changes on cash and cash equivalents
—

 
—

 
(3.6
)
 
—

 
(3.6
)
Net increase (decrease) in cash and cash equivalents
—

 
0.3

 
(276.9
)
 
—

 
(276.6
)
Cash and cash equivalents - beginning of period
0.7

 
0.3

 
465.2

 
—

 
466.2

Cash and cash equivalents - end of period
$
0.7

 
$
0.6

 
$
188.3

 
$
—

 
$
189.6