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Accounting Policies (Tables)

3 Months Ended

Mar. 30, 2014

Accounting Policies

Changes in the carrying amount of goodwill by geographic segment

March 30, 2014

Gross Balance

Accumulated Impairment Losses

Net Goodwill

Balance
January 1,
2014

Acquired
During
the
Period

Foreign
Currency
Translation
and Other

Balance
March 30,
2014

Balance
January 1,
2014

Impairment
Loss
During the
Period

Balance
March 30,
2014

March 30,
2014

(in millions)

Americas

$

224.7

$

—

$

(0.4

)

$

224.3

$

(24.5

)

$

—

$

(24.5

)

$

199.8

Europe, Middle East and Africa (EMEA)

301.3

—

(0.1

)

301.2

—

—

—

301.2

Asia-Pacific

13.3

—

(0.4

)

12.9

—

—

—

12.9

Total

$

539.3

$

—

$

(0.9

)

$

538.4

$

(24.5

)

$

—

$

(24.5

)

$

513.9

		March 31, 2013
		Gross Balance												Accumulated Impairment Losses									Net Goodwill
		Balance January 1, 2013			Acquired During the Period			Foreign Currency Translation and Other			Balance March 31, 2013			Balance January 1, 2013			Impairment Loss During the Period			Balance March 31, 2013			March 31, 2013
		(in millions)
Americas		$	225.6		$	—		$	(0.3	)	$	225.3		$	(24.2	)	$	—		$	(24.2	)	$	201.1
EMEA		289.7			—			(8.3		)	281.4			—			—			—			281.4
Asia-Pacific		12.9			—			—			12.9			—			—			—			12.9
Total		$	528.2		$	—		$	(8.6	)	$	519.6		$	(24.2	)	$	—		$	(24.2	)	$	495.4

Intangible assets

		March 30, 2014									December 31, 2013
		Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
		(in millions)
Patents		$	16.5		$	(12.8	)	$	3.7		$	16.6		$	(12.6	)	$	4.0
Customer relationships		132.9			(79.1		)	53.8			133.0			(76.4		)	56.6
Technology		26.7			(11.4		)	15.3			26.9			(10.9		)	16.0
Trade Names		13.6			(3.3		)	10.3			13.7			(3.0		)	10.7
Other		8.8			(5.6		)	3.2			8.8			(5.6		)	3.2
Total amortizable intangibles		198.5			(112.2		)	86.3			199.0			(108.5		)	90.5
Indefinite-lived intangible assets		41.9			—			41.9			41.9			—			41.9
Total		$	240.4		$	(112.2	)	$	128.2		$	240.9		$	(108.5	)	$	132.4

Schedule of weighted average assumptions used to estimate the grant-date fair value of restricted stock units

		2014		2013
Expected life (years)		3.0		3.0
Expected stock price volatility		31.2	%	34.1	%
Expected dividend yield		0.9	%	0.9	%
Risk-free interest rate		0.7	%	0.4	%