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Restructuring, Impairment and Other Charges (Tables)
12 Months Ended
Dec. 31, 2017
Restructuring And Related Activities [Abstract]  
Schedule of Net Restructuring, Impairment and Other Charges

For the year ended December 31, 2017, the Company recorded the following restructuring, impairment and other charges-net:

 

 

Employee

Terminations

 

 

Other

Restructuring

Charges

 

 

Total

Restructuring

Charges

 

 

Impairment

 

 

Other

Charges

 

 

Total

 

Variable Print

$

4.2

 

 

$

1.1

 

 

$

5.3

 

 

 

 

 

$

1.9

 

 

$

7.2

 

Strategic Services

 

2.6

 

 

 

0.3

 

 

 

2.9

 

 

 

21.9

 

 

 

0.4

 

 

 

25.2

 

International

 

8.0

 

 

 

2.6

 

 

 

10.6

 

 

 

0.1

 

 

 

 

 

 

10.7

 

Corporate

 

8.7

 

 

 

0.8

 

 

 

9.5

 

 

 

0.4

 

 

 

 

 

 

9.9

 

Total

$

23.5

 

 

$

4.8

 

 

$

28.3

 

 

$

22.4

 

 

$

2.3

 

 

$

53.0

 

For the year ended December 31, 2016, the Company recorded the following restructuring, impairment and other charges-net:

 

 

Employee

Terminations

 

 

Other

Restructuring

Charges

 

 

Total

Restructuring

Charges

 

 

Impairment

 

 

Other

Charges

 

 

Total

 

Variable Print

$

1.4

 

 

$

1.7

 

 

$

3.1

 

 

$

557.9

 

 

$

1.9

 

 

$

562.9

 

Strategic Services

 

1.8

 

 

 

(0.1

)

 

 

1.7

 

 

 

 

 

 

0.4

 

 

 

2.1

 

International

 

9.6

 

 

 

1.8

 

 

 

11.4

 

 

 

(2.5

)

 

 

 

 

 

8.9

 

Corporate

 

9.1

 

 

 

0.1

 

 

 

9.2

 

 

 

1.2

 

 

 

 

 

 

10.4

 

Total

$

21.9

 

 

$

3.5

 

 

$

25.4

 

 

$

556.6

 

 

$

2.3

 

 

$

584.3

 

For the year ended December 31, 2015, the Company recorded the following restructuring, impairment and other charges-net:

 

 

Employee

Terminations

 

 

Other

Restructuring

Charges

 

 

Total

Restructuring

Charges

 

 

Impairment

 

 

Other

Charges

 

 

Total

 

Variable Print

$

3.1

 

 

$

4.7

 

 

$

7.8

 

 

$

(0.5

)

 

$

1.8

 

 

$

9.1

 

Strategic Services

 

4.4

 

 

 

0.1

 

 

 

4.5

 

 

 

0.9

 

 

 

0.4

 

 

 

5.8

 

International

 

11.9

 

 

 

3.2

 

 

 

15.1

 

 

 

28.5

 

 

 

 

 

 

43.6

 

Corporate

 

3.0

 

 

 

1.2

 

 

 

4.2

 

 

 

 

 

 

 

 

 

4.2

 

Total

$

22.4

 

 

$

9.2

 

 

$

31.6

 

 

$

28.9

 

 

$

2.2

 

 

$

62.7

 

 

Schedule of Changes in the Restructuring Reserve

The restructuring reserve as of December 31, 2017 and 2016, and changes during the year ended December 31, 2017, were as follows:

 

 

December 31, 2016

 

 

Restructuring

Charges

 

 

Foreign

Exchange and

Other

 

 

Cash

Paid

 

 

December 31, 2017

 

Employee terminations

$

7.6

 

 

$

23.5

 

 

$

0.1

 

 

$

(21.6

)

 

$

9.6

 

Multi-employer pension plan withdrawal obligations

 

11.8

 

 

 

0.7

 

 

 

 

 

 

(1.5

)

 

 

11.0

 

Lease terminations and other

 

1.6

 

 

 

4.1

 

 

 

1.0

 

 

 

(3.8

)

 

 

2.9

 

Total

$

21.0

 

 

$

28.3

 

 

$

1.1

 

 

$

(26.9

)

 

$

23.5

 

 

The restructuring reserve as of December 31, 2016 and 2015, and changes during the year ended December 31, 2016, were as follows:

 

 

December 31, 2015

 

 

Restructuring

Charges

 

 

Foreign

Exchange and

Other

 

 

Cash

Paid

 

 

December 31, 2016

 

Employee terminations

$

6.1

 

 

$

21.9

 

 

$

(3.6

)

 

$

(16.8

)

 

$

7.6

 

Multi-employer pension plan withdrawal obligations

 

12.7

 

 

 

0.7

 

 

 

 

 

 

(1.6

)

 

 

11.8

 

Lease terminations and other

 

2.3

 

 

 

2.8

 

 

 

(0.1

)

 

 

(3.4

)

 

 

1.6

 

Total

$

21.1

 

 

$

25.4

 

 

$

(3.7

)

 

$

(21.8

)

 

$

21.0