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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
3 Months Ended
Mar. 31, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Schedule of the components of accumulated other comprehensive loss
The components of accumulated other comprehensive loss as of March 31, 2016 and 2015, were as follows:
 
 
Foreign Currency Translation Adjustment
 
Pension Adjustment
 
Total
Balance, January 1, 2015
 
$
(886.5
)
 
$
(29.4
)
 
$
(915.9
)
Foreign currency translation adjustment
 
(411.3
)
 

 
(411.3
)
Pension adjustment(1)
 

 
(0.4
)
 
(0.4
)
Balance, March 31, 2015
 
$
(1,297.8
)
 
$
(29.8
)
 
$
(1,327.6
)
 
 
 
 
 
 
 
Balance, January 1, 2016
 
$
(1,529.4
)
 
$
(12.2
)
 
$
(1,541.6
)
Foreign currency translation adjustment
 
63.4

 

 
63.4

Pension adjustment(1)
 

 
(0.4
)
 
(0.4
)
Balance, March 31, 2016
 
$
(1,466.0
)
 
$
(12.6
)
 
$
(1,478.6
)
____________________________________
(1)
Reflects changes in defined benefit obligations and related plan assets of the Company’s defined benefit pension plans and the U.S. postretirement benefit plan (see Note 10).