XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended 62 Months Ended 65 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Mar. 31, 2016
Income Statement [Abstract]                            
Sales $ 1,348.2 $ 1,267.4 $ 533.6 $ 535.4 $ 518.0 $ 499.8 $ 593.6 $ 570.4 $ 577.4 $ 2,854.4 $ 2,241.2 $ 2,515.0    
Operating expenses:                            
Cost of goods sold 1,175.4 1,148.1 460.0 445.5 433.2 421.9 492.3 463.6 475.4 2,486.8 1,853.2 2,033.7    
Selling and administration 88.1       47.0         186.5 166.2 190.0    
Restructuring charges 92.8       1.2         2.7 15.7 5.5 $ 77.3 $ 129.5
Acquisition-related costs 10.2       10.4         123.4 4.2 0.0    
Other operating income 10.9       (0.2)         45.7 1.5 0.7    
Operating income (7.4)       26.0         100.7 203.4 286.5    
Earnings of non-consolidated affiliates (0.2)       (0.4)         (1.7) (1.7) (2.8)    
Interest expense 48.5       7.1         97.0 43.8 38.6    
Interest income 0.3       0.3         1.1 1.3 0.6    
Other income (expense)                   0.2 0.1 (1.3)    
Income from continuing operations before taxes (55.4)       19.6         6.7 162.7 250.0    
Income tax provision (17.5)       6.5         8.1 57.7 71.4    
Income from continuing operations           12.8 26.1 36.6 29.5 (1.4) 105.0 178.6    
Income from discontinued operations, net           0.0 0.0 0.7 0.0 0.0 0.7 0.0    
Net income $ (37.9) $ (62.7) $ 5.9 $ 42.3 $ 13.1 $ 12.8 $ 26.1 $ 37.3 $ 29.5 $ (1.4) $ 105.7 $ 178.6    
Basic income per common share:                            
Income from continuing operations           $ 0.16 $ 0.33 $ 0.46 $ 0.37 $ (0.01) $ 1.33 $ 2.24    
Income from discontinued operations, net           0.00 0.00 0.01 0.00 0.00 0.01 0.00    
Net income $ (0.23) $ (0.39) $ 0.08 $ 0.55 $ 0.17 0.16 0.33 0.47 0.37 (0.01) 1.34 2.24    
Diluted income per common share:                            
Income from continuing operations           0.16 0.33 0.46 0.37 (0.01) 1.32 2.21    
Income from discontinued operations, net           0.00 0.00 0.01 0.00 0.00 0.01 0.00    
Net income (0.23) (0.39) 0.08 0.54 0.17 0.16 0.33 0.47 0.37 (0.01) 1.33 $ 2.21    
Common Stock, Dividends, Per Share, Declared $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.80 $ 0.80      
Average common shares outstanding:                            
Basic 165.1       77.4         103.4 78.6 79.9    
Diluted 165.1       78.5         103.4 79.7 80.9