Loss from Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Income from Discontinued Operations [Table Text Block]

			Years Ended December 31,
(In millions)			2014	2013	2012

Loss from operations^(a)(b)		$	(13.3)	(17.4)	(9.5)
Gain (loss) on sales			(18.9)	16.3	(0.3)
Adjustments to contingencies of former operations^(c):
	Workers' compensation		(4.4)	(1.7)	(0.2)
	Insurance recoveries related to BAX Global indemnification^(d)		9.5	-	-
	Other		(1.6)	1.0	(0.3)
Loss from discontinued operations before income taxes			(28.7)	(1.8)	(10.3)
Provision for income taxes			0.4	7.4	3.1
Loss from discontinued operations, net of tax		$	(29.1)	(9.2)	(13.4)

Discontinued operations include gains and losses related to businesses that we recently sold or shut down or that we expect to sell in 2015. No interest expense was included in discontinued operations in 2014. Interest expense included in discontinued operations was $0.4 million in 2013 and $0.8 million in 2012.
The loss from operations in 2014 included $15.6 million in non-cash severance and impairment charges related to the Netherlands cash-in-transit operations. The loss from operations in 2013 included $16.2 million of severance expenses paid to terminate certain employees of the German cash-in-transit operations. We contributed a portion of the cost to fund the German severance payments to the business prior to the execution of the December 2013 sale transaction.
Primarily related to former coal businesses and BAX Global, a former freight forwarding and logistics business.
BAX Global had been defending a claim related to the apparent diversion by a third party of goods being transported for a customer. In 2010, the Dutch Supreme Court denied the final appeal of BAX Global, letting stand the lower court ruling that BAX Global was liable for this claim. We had contractually indemnified the purchaser of BAX Global for this contingency. Through 2010, we had recognized $11.5 million of expense related to the payment made in satisfaction of the judgment. In 2014, we recovered $9.5 million from insurance companies related to this matter.

Schedule Of Revenues And Losses From Operations [Table Text Block]

			December 31,
(In millions)			2014	2013	2012

France		$	-	-	16.4
Mexico			21.2	26.5	29.1
Canada			-	41.2	52.1
	Largest 5 Markets		21.2	67.7	97.6
Latin America			4.9	6.6	6.3
EMEA			126.0	197.1	231.5
Asia			7.6	34.6	33.5
	Global Markets		138.5	238.3	271.3
Total		$	159.7	306.0	368.9

			Years Ended December 31,
	(In millions)		2014	2013	2012

Netherlands CIT operations:
	Revenues	$	126.0	119.5	111.0
	Income (loss) from operations before tax		(2.0)	13.0	15.2
German CIT operations:
	Revenues	$	-	56.4	57.7
	Loss from operations before tax		-	(24.3)	(10.0)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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