XML 62 R72.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt and Lease Obligations (Senior Credit Facility) (Details) (USD $)
12 Months Ended 9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Sep. 30, 2013
Oct. 04, 2013
Oct. 03, 2013
Line of Credit Facility [Line Items]            
Repayments of Long-term Debt $ 40,000,000us-gaap_RepaymentsOfLongTermDebt $ 25,000,000us-gaap_RepaymentsOfLongTermDebt $ 480,000,000us-gaap_RepaymentsOfLongTermDebt      
Interest Rate Swap | Designated as Hedging Instrument            
Line of Credit Facility [Line Items]            
Derivative, notional amount 40,000,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
140,000,000invest_DerivativeNotionalAmount
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateSwapMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
       
Letter of Credit            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Maximum Borrowing Capacity 300,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_LetterOfCreditMember
         
Term Loan Facility            
Line of Credit Facility [Line Items]            
Debt Instrument, Face Amount 400,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanFacilityMember
         
Repayments of Long-term Debt 40,000,000us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanFacilityMember
25,000,000us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanFacilityMember
5,000,000us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanFacilityMember
     
Credit Facilities Scheduled Repayments Due in Next three Quarters 10,000,000fls_CreditFacilitiesScheduledRepaymentsDueinNextthreeQuarters
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanFacilityMember
         
Credit Facilities Scheduled Repayments Due in the fourth Quarter of next year 15,000,000fls_CreditFacilitiesScheduledRepaymentsDueinthefourthQuarterofnextyear
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanFacilityMember
         
Senior Credit Facility            
Line of Credit Facility [Line Items]            
Debt Instrument, Maturity Date       Oct. 04, 2018    
Letters of Credit Outstanding, Amount 76,800,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= fls_SeniorCreditFacilityMember
106,100,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_DebtInstrumentAxis
= fls_SeniorCreditFacilityMember
       
Domestic subsidiaries unconditional guarantee 100.00%fls_Domesticsubsidiariesunconditionalguarantee
/ us-gaap_DebtInstrumentAxis
= fls_SeniorCreditFacilityMember
         
Maximum permitted leverage ratio, Debt to Total Consolidated EBITDA 3.25fls_MaximumPermittedLeverageRatioDebtToTotalConsolidatedEbitda
/ us-gaap_DebtInstrumentAxis
= fls_SeniorCreditFacilityMember
         
Minimum interest coverage, consolidated EBITDA to Total Interest Expense 3.25fls_MinimumInterestCoverageConsolidatedEbitdaToTotalInterestExpense
/ us-gaap_DebtInstrumentAxis
= fls_SeniorCreditFacilityMember
         
Line of Credit Facility, Commitment Fee Percentage 0.175%us-gaap_LineOfCreditFacilityCommitmentFeePercentage
/ us-gaap_DebtInstrumentAxis
= fls_SeniorCreditFacilityMember
         
Revolving Credit Facility            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Maximum Borrowing Capacity         1,000,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
850,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
Line of Credit Facility, Amount Outstanding 0us-gaap_LineOfCredit
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
         
Line of Credit Facility, Current Borrowing Capacity 923,200,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
893,900,000us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= us-gaap_RevolvingCreditFacilityMember
       
Swingline loan            
Line of Credit Facility [Line Items]            
Line of Credit Facility, Maximum Borrowing Capacity 30,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_DebtInstrumentAxis
= fls_SwinglineLoanMember
         
Term Loan Or Revolving Credit Facility            
Line of Credit Facility [Line Items]            
Credit agreement maximum borrowing capacity increase in additional borrowings 400,000,000fls_CreditAgreementMaximumBorrowingCapacityIncreaseInAdditionalBorrowings
/ us-gaap_DebtInstrumentAxis
= fls_TermLoanOrRevolvingCreditFacilityMember
         
Prior Credit Agreement            
Line of Credit Facility [Line Items]            
Repayments of Debt     $ 12,500,000us-gaap_RepaymentsOfDebt
/ us-gaap_DebtInstrumentAxis
= fls_PriorCreditAgreementMember