Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2013

Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts and Reserves

Allowances for Doubtful Accounts

Changes in the allowances for doubtful accounts were as follows:

	Year Ended December 31,
(in millions of dollars)	2013			2012			2011
Balance at beginning of year	$	6.5		$	5.1		$	5.2
Additions charged to expense	1.5			2.2			1.4
Deductions - write offs	(1.6		)	(3.0		)	(1.3		)
Mead C&OP acquisition	—			2.1			—
Foreign exchange changes	(0.3		)	0.1			(0.2		)
Balance at end of year	$	6.1		$	6.5		$	5.1

Allowances for Sales Returns and Discounts

Changes in the allowances for sales returns and discounts were as follows:

	Year Ended December 31,
(in millions of dollars)	2013			2012			2011
Balance at beginning of year	$	10.6		$	7.7		$	9.2
Additions charged to expense	41.3			41.0			41.6
Deductions - returns	(39.1		)	(41.6		)	(43.1		)
Mead C&OP acquisition	—			2.8			—
Foreign exchange changes	0.1			0.7			—
Balance at end of year	$	12.9		$	10.6		$	7.7

Allowances for Cash Discounts

Changes in the allowances for cash discounts were as follows:

	Year Ended December 31,
(in millions of dollars)	2013			2012			2011
Balance at beginning of year	$	2.2		$	1.1		$	1.2
Additions charged to expense	16.0			16.4			11.0
Deductions - discounts taken	(16.2		)	(16.0		)	(11.0		)
Mead C&OP acquisition	—			0.6			—
Foreign exchange changes	0.2			0.1			(0.1		)
Balance at end of year	$	2.2		$	2.2		$	1.1

Warranty Reserves

Changes in the reserve for warranty claims were as follows:

	Year Ended December 31,
(in millions of dollars)	2013			2012			2011
Balance at beginning of year	$	2.8		$	2.7		$	3.1
Provision for warranties issued	2.0			3.3			3.0
Settlements made (in cash or in kind)	(2.6		)	(3.2		)	(3.4		)
Balance at end of year	$	2.2		$	2.8		$	2.7

Income Tax Valuation Allowance

Changes in the deferred tax valuation allowances were as follows:

	Year Ended December 31,
(in millions of dollars)	2013			2012			2011
Balance at beginning of year	$	55.4		$	204.3		$	193.2
(Credits) charges to expense	(11.6		)	(145.1		)	5.4
(Credited) charged to other accounts	(10.5		)	(4.3		)	7.0
Foreign exchange changes	(0.3		)	0.5			(1.3		)
Balance at end of year	$	33.0		$	55.4		$	204.3