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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
6 Months Ended
Jun. 30, 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 June 30, 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
 
(374.7
)
 

 
(374.7
)
Pension adjustment(1)
 

 
(0.9
)
 
(0.9
)
Balance, June 30, 2015
 
$
(1,261.2
)
 
$
(30.3
)
 
$
(1,291.5
)
 
 
 
 
 
 
 
Balance, January 1, 2016
 
$
(1,529.4
)
 
$
(12.2
)
 
$
(1,541.6
)
Foreign currency translation adjustment
 
(31.1
)
 

 
(31.1
)
Pension adjustment(1)
 

 
(1.0
)
 
(1.0
)
Balance, June 30, 2016
 
$
(1,560.5
)
 
$
(13.2
)
 
$
(1,573.7
)
____________________________________
(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 11).