XML 75 R62.htm IDEA: XBRL DOCUMENT v3.5.0.2
Environmental Obligations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Dec. 31, 2015
Accrual for Environmental Loss Contingencies [Roll Forward]            
Environmental reserves, long-term         $ 257.7 $ 281.8
Environmental loss contingencies, net of expected recoveries, in excess of accrual     $ 230.0      
Recorded Recoveries [Roll Forward]            
Environmental charges, net $ 8.1 $ 2.9 17.1 $ 8.3    
Environmental provision, net 13.3 7.5 29.6 25.5    
Continuing Operations            
Recorded Recoveries [Roll Forward]            
Environmental charges, net [1] 8.1 2.9 17.1 8.3    
Discontinued Operations            
Recorded Recoveries [Roll Forward]            
Environmental charges, net [2] 5.2 4.6 12.5 17.2    
Other Liabilities            
Recorded Recoveries [Roll Forward]            
Environmental charges, net [3] 13.3 7.5 31.4 25.5    
Other Assets            
Recorded Recoveries [Roll Forward]            
Environmental Recoveries, beginning     22.7      
Increase in Recoveries     1.8      
Cash Received     (1.0)      
Environmental Recoveries, ending 23.5   23.5      
Environmental charges, net [4] 0.0 $ 0.0 1.8 $ 0.0    
Gross            
Accrual for Environmental Loss Contingencies [Roll Forward]            
Total environmental reserves at December 31, 2015     348.2      
Provision/(benefit)     31.4      
(Spending)/recoveries     (36.9)      
Accrual for Environmental Loss Contingencies, Increase (Decrease) for Currency Translation     1.8      
Net change     (3.7)      
Total environmental reserves at September 30, 2016 344.5   344.5      
Environmental reserves, current [5]         84.1  
Environmental reserves, long-term [6]         260.4  
Total environmental reserves, net of recoveries at end of period 344.5   348.2   344.5 348.2
Recoveries            
Accrual for Environmental Loss Contingencies [Roll Forward]            
Total environmental reserves at December 31, 2015 [7]     (7.3)      
Provision/(benefit) [7]     0.0      
(Spending)/recoveries [7]     3.0      
Accrual for Environmental Loss Contingencies, Increase (Decrease) for Currency Translation     0.0      
Net change     3.0      
Total environmental reserves at September 30, 2016 [7] (4.3)   (4.3)      
Environmental reserves, current [5],[7]         (1.6)  
Environmental reserves, long-term [6],[7]         (2.7)  
Total environmental reserves, net of recoveries at end of period [7] (4.3)   (7.3)   (4.3) (7.3)
Net            
Accrual for Environmental Loss Contingencies [Roll Forward]            
Total environmental reserves at December 31, 2015     340.9      
Provision/(benefit)     31.4      
(Spending)/recoveries     (33.9)      
Accrual for Environmental Loss Contingencies, Increase (Decrease) for Currency Translation     1.8      
Net change     (0.7)      
Total environmental reserves at September 30, 2016 340.2   340.2      
Environmental reserves, current [5]         82.5  
Environmental reserves, long-term [6]         257.7  
Total environmental reserves, net of recoveries at end of period $ 340.2   $ 340.9   $ 340.2 $ 340.9
[1] Recorded as a component of “Restructuring and other charges (income)” on the condensed consolidated statements of income (loss), see Note 8. Environmental obligations for continuing operations primarily represent obligations at shut down or abandoned facilities within businesses that do not meet the criteria for presentation as discontinued operations.
[2] Recorded as a component of “Discontinued operations, net of income taxes" on the condensed consolidated statements of income (loss), see Note 10.
[3] See above roll forward of our total environmental reserves as presented on the condensed consolidated balance sheets.
[4] See above roll forward of our total environmental recoveries as presented on the condensed consolidated balance sheets.
[5] These amounts are included within "Accrued and other liabilities" on the condensed consolidated balance sheets.
[6] These amounts are included in "Environmental liabilities, continuing and discontinued" on the condensed consolidated balance sheets.
[7] These recorded recoveries represent probable realization of claims against U.S. government agencies and are recorded as an offset to our environmental reserves in the condensed consolidated balance sheets.