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COMPREHENSIVE INCOME (Tables)
 12 Months Ended
Dec. 31, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in AOCI by component for the years ended December 31, 2016, 2015 and 2014:
(in millions)
Foreign Currency Translation Gain (Loss)
 
Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges
 
Gain and (Loss) on Derivative Financial Instruments
 
Pension Liability Gain (Loss)
 
Total
 
 
 
 
 
 
 
 
 
 
Balance, net of tax, at December 31, 2015
$
(401.2
)
 
$
(1.2
)
 
$
(110.2
)
 
$
(81.4
)
 
$
(594.0
)
Other comprehensive (loss) income before reclassifications and tax impact
(71.4
)
 
(0.8
)
 
(13.2
)
 
(25.4
)
 
(110.8
)
Tax (expense) benefit
(17.9
)
 
0.5

 
6.6

 
7.9

 
(2.9
)
Other comprehensive (loss) income, net of tax, before reclassifications
(89.3
)
 
(0.3
)
 
(6.6
)
 
(17.5
)
 
(113.7
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
—

 
(1.7
)
 
—

 
3.7

 
2.0

Net (decrease) increase in other comprehensive income
(89.3
)
 
(2.0
)
 
(6.6
)
 
(13.8
)
 
(111.7
)
Balance, net of tax, at December 31, 2016
$
(490.5
)
 
$
(3.2
)
 
$
(116.8
)
 
$
(95.2
)
 
$
(705.7
)
(in millions)
Foreign Currency Translation Gain (Loss)
 
Gain and (Loss) on Derivative Financial Instruments Designated as Cash Flow Hedges
 
Gain and (Loss) on Derivative Financial Instruments
 
Net Unrealized Holding Gain (Loss) on Available-for-Sale Securities
 
Pension Liability Gain (Loss)
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
Balance, net of tax, at December 31, 2014
$
(212.5
)
 
$
(10.8
)
 
$
(112.7
)
 
$
8.5

 
$
(113.6
)
 
$
(441.1
)
Other comprehensive (loss) income before reclassifications and tax impact
(178.0
)
 
22.1

 
4.5

 
(6.8
)
 
39.9

 
(118.3
)
Tax (expense) benefit
(9.5
)
 
(3.3
)
 
(2.0
)
 
2.0

 
(13.3
)
 
(26.1
)
Other comprehensive income (loss), net of tax, before reclassifications
(187.5
)
 
18.8

 
2.5

 
(4.8
)
 
26.6

 
(144.4
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
(1.2
)
 
(9.2
)
 
—

 
(3.7
)
 
5.6

 
(8.5
)
Net (decrease) increase in other comprehensive income
(188.7
)
 
9.6

 
2.5

 
(8.5
)
 
32.2

 
(152.9
)
Balance, net of tax, at December 31, 2015
$
(401.2
)
 
$
(1.2
)
 
$
(110.2
)
 
$
—

 
$
(81.4
)
 
$
(594.0
)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification out of accumulated other comprehensive income (loss) for the years ended December 31, 2016, 2015 and 2014:
(in millions)
 
 
 
 
 
 
 
Details about AOCI Components
 
Amounts Reclassified from AOCI
Affected Line Item in the
Statements of Operations
 
Year Ended December, 31
 
2016
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
Realized foreign currency gain on liquidation of foreign subsidiary:
Foreign currency translation adjustment
 
$
—

 
$
1.2

 
$
—

Other expense (income), net
 
 
 
 
 
 
 
 
 
 
Gains and (loss) on derivative financial instruments:
Interest rate swaps
 
$
(2.9
)
 
$
(10.1
)
 
$
(3.7
)
Interest expense
Foreign exchange forward contracts
 
4.8

 
18.0

 
(6.4
)
Cost of products sold
Foreign exchange forward contracts
 
0.1

 
0.6

 
(0.1
)
SG&A expenses
Commodity contracts
 
(0.1
)
 
(0.5
)
 
(0.5
)
Cost of products sold
Net gain (loss) before tax
 
1.9

 
8.0

 
(10.7
)
 
Tax impact
 
(0.2
)
 
1.2

 
3.7

Provision for income taxes
Net gain (loss) after tax
 
$
1.7

 
$
9.2

 
$
(7.0
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Realized gain on available-for-sale securities:
Available -for-sale-securities
 
$
—

 
$
5.1

 
$
—

Other expense (income), net
Tax impact
 
—

 
(1.4
)
 
—

Provision for income taxes
Net gain after tax
 
$
—

 
$
3.7

 
$
—

 
 
 
 
 
 
 
 
 
 
 
Amortization of defined benefit pension and other postemployment benefit items:
Amortization of prior service benefits
 
$
0.2

 
$
0.2

 
$
0.1

(a)
Amortization of net actuarial losses
 
(5.3
)
 
(8.0
)
 
(2.9
)
(a)
Net loss before tax
 
(5.1
)
 
(7.8
)
 
(2.8
)
 
Tax impact
 
1.4

 
2.2

 
1.0

Provision for income taxes
Net loss after tax
 
$
(3.7
)
 
$
(5.6
)
 
$
(1.8
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(2.0
)
 
$
8.5


$
(8.8
)
 
 
 
 
 
 
 
 
 
 
 
 
 

(a) These accumulated other comprehensive income components are included in the computation of net periodic benefit cost for the years ended December 31, 2016, 2015, and 2014, respectively (see Note 15, Benefit Plans, for additional details).