Accounting Policies (Tables)

9 Months Ended

Sep. 27, 2015

Accounting Policies

Changes in the carrying amount of goodwill by geographic segment

	September 27, 2015
	Gross Balance									Accumulated Impairment Losses								Net Goodwill
	Balance January 1, 2015		Acquired During the Period		Foreign Currency Translation and Other			Balance September 27, 2015		Balance January 1, 2015			Impairment Loss During the Period		Balance September 27, 2015			September 27, 2015
	(in millions )
Americas	$	398.0	$	—	$	(6.4	)	$	391.6	$	(24.5	)	$	—	$	(24.5	)	$	367.1
Europe, Middle East and Africa (EMEA)	265.5		—		(18.7		)	246.8		—			—		—			246.8
Asia-Pacific	12.9		—		—			12.9		(12.9		)	—		(12.9		)	—
Total	$	676.4	$	—	$	(25.1	)	$	651.3	$	(37.4	)	$	—	$	(37.4	)	$	613.9

	September 28, 2014
	Gross Balance									Accumulated Impairment Losses								Net Goodwill
	Balance January 1, 2014		Acquired During the Period		Foreign Currency Translation and Other			Balance September 28, 2014		Balance January 1, 2014			Impairment Loss During the Period		Balance September 28, 2014			September 28, 2014
	(in millions)
Americas	$	224.7	$	—	$	(0.5	)	$	224.2	$	(24.5	)	$	—	$	(24.5	)	$	199.7
EMEA	301.3		—		(21.3		)	280.0		—			—		—			280.0
Asia-Pacific	13.3		—		(0.2		)	13.1		—			—		—			13.1
Total	$	539.3	$	—	$	(22.0	)	$	517.3	$	(24.5	)	$	—	$	(24.5	)	$	492.8

Schedule of Intangible assets

	September 27, 2015							December 31, 2014
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	(in millions)
Patents	$	16.2	$	(14.0	)	$	2.2	$	16.2	$	(13.3	)	$	2.9
Customer relationships	204.4		(98.5		)	105.9		206.7		(87.5		)	119.2
Technology	41.5		(15.3		)	26.2		42.1		(12.9		)	29.2
Trade Names	20.4		(5.9		)	14.5		20.6		(4.2		)	16.4
Other	9.4		(5.8		)	3.6		9.5		(5.7		)	3.8
Total amortizable intangibles	291.9		(139.5		)	152.4		295.1		(123.6		)	171.5
Indefinite-lived intangible assets	37.2		—			37.2		38.6		—			38.6
Total	$	329.1	$	(139.5	)	$	189.6	$	333.7	$	(123.6	)	$	210.1

Schedule of fair value assumptions

	2015		2014
Expected life (years)	3.0		3.0
Expected stock price volatility	23.4	%	31.2	%
Expected dividend yield	1.2	%	0.9	%
Risk-free interest rate	1.1	%	0.7	%