Asset Retirement Obligations

9 Months Ended

Sep. 30, 2014

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligations

Asset Retirement Obligations

(in Millions)
Balance at December 31, 2013	$	22.7
Increase (decrease) to previously recorded ARO liability	0.1
Payments	(0.9		)
Foreign currency translation adjustments	(1.7		)
Transfer to environmental obligations (1)	(16.9		)
Transfer to restructuring reserves (2)	(1.5		)
Balance at September 30, 2014	$	1.8

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(1) Based on events that occurred during the quarter ended September 30, 2014, the remaining activities associated with these obligations are primarily environmental remediation in nature and therefore transfer to an environmental obligation is more appropriate. Refer to Note 12 within these condensed consolidated financial statements for additional information.

(2) The remaining activities associated with these obligations are related to restructuring activities and therefore transfer to a restructuring reserve is more appropriate based on events that occurred during the quarter ended September 30, 2014. Refer to Note 8 within these condensed consolidated financial statements for additional information.

A more complete description of our asset retirement obligations can be found in Note 8 to our 2013 consolidated financial statements in our 2013 10-K.