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Environmental Obligations (Tables)
6 Months Ended
Jun. 30, 2017
Environmental Remediation Obligations [Abstract]  
Environmental reserves rollforward, continuing and discontinued
The table below is a roll forward of our total environmental reserves, continuing and discontinued:
(in Millions)
Gross
 
Recoveries (3)
 
Net
Total environmental reserves at December 31, 2016
$
378.1

 
$
(11.4
)
 
$
366.7

Provision/(benefit)
21.2

 

 
21.2

(Spending)/recoveries
(27.3
)
 

 
(27.3
)
Foreign currency translation adjustments
3.9

 

 
3.9

Net change
(2.2
)
 

 
(2.2
)
Total environmental reserves at June 30, 2017
$
375.9

 
$
(11.4
)
 
$
364.5

 
 
 
 
 
 
Environmental reserves, current (1)
74.0

 
(1.0
)
 
73.0

Environmental reserves, long-term (2)
301.9

 
(10.4
)
 
291.5

Total environmental reserves at June 30, 2017
$
375.9

 
$
(11.4
)
 
$
364.5

____________________
(1)
These amounts are included within "Accrued and other liabilities" on the condensed consolidated balance sheets.
(2)
These amounts are included in "Environmental liabilities, continuing and discontinued" on the condensed consolidated balance sheets.
(3)
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.
Schedule of environmental recoveries
The table below provides a roll forward of our environmental recoveries representing probable realization of claims against insurance carriers and other third parties. These recoveries are recorded as "Other assets including long-term receivables, net" in the condensed consolidated balance sheets.
(in Millions)
12/31/2016
 
Increase in Recoveries
 
Cash Received
 
6/30/2017
Environmental recoveries
$
27.2

 
0.4

 
(1.3
)
 
$
26.3

Schedule of net environmental provision by operating and discontinued sites
Our net environmental provisions relate to costs for the continued cleanup of both continuing and discontinued manufacturing operations from previous years. The net provisions are comprised as follows:
 
Three Months Ended June 30
 
Six Months Ended June 30
(in Millions)
2017
 
2016
 
2017
 
2016
Environmental provisions, net - recorded to liabilities (1)
$
15.1

 
$
5.6

 
$
21.2

 
$
18.2

Environmental provisions, net - recorded to assets (2)
(0.4
)
 

 
(0.4
)
 
(1.8
)
Environmental provision, net
$
14.7

 
$
5.6

 
$
20.8

 
$
16.4

 
 
 
 
 
 
 
 
Continuing operations (3)
3.3

 
2.5

 
5.6

 
9.1

Discontinued operations (4)
11.4

 
3.1

 
15.2

 
7.3

Environmental provision, net
$
14.7

 
$
5.6

 
$
20.8

 
$
16.4


____________________
(1)
See above roll forward of our total environmental reserves as presented on the condensed consolidated balance sheets.
(2)
See above roll forward of our total environmental recoveries as presented on the condensed consolidated balance sheets.
(3)
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.
(4)
Recorded as a component of “Discontinued operations, net of income taxes" on the condensed consolidated statements of income (loss). See Note 10.