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Divestitures (Tables)
3 Months Ended
Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations
The Company has completed the following as of March 31, 2017 (in millions):
Entity
 
Sale /
Closure
 
Sale / Closure Date
 
Gross Proceeds
 
Pre-tax Gain / (Loss)(1)
General Cable Phoenix South Africa Pty. Ltd. ("South Africa - Durban") (2)
 
Closure
 
Fourth Quarter 2016
 
$

 
$
1.6

National Cables (Pty) Ltd. ("South Africa - National
Cables") (2)
 
Closure
 
Fourth Quarter 2016
 

 
(29.4
)
Metal Fabricators of Zambia PLC ("Zambia") - 75.39% interest
 
Sale
 
Third Quarter 2016
 
9.8

 
(14.4
)
General Cable S.A.E. ("Egypt") (3)
 
Sale
 
Second Quarter 2016
 
5.8

 
(8.4
)
(1)
The pre-tax gain / (loss) for each sale was recorded in the SG&A expenses caption of the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss); the pre-tax gain / (loss) includes the reclassification of foreign currency translation adjustments upon sale of the entity.
(2)
The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.
(3)
Prior to the sale, the Company recorded a long-lived asset impairment charge in cost of sales of $6.0 million in the first quarter of 2016.
As part of the October 2014 announcement, the Company has completed the following as of March 31, 2017 (in millions):
Entity
 
Sale /
Closure
 
Sale / Closure Date
 
Gross Proceeds
 
Pre-tax Gain / (Loss) (1)
Pakistan Cables Limited ("Pakistan") - 24.6% interest
 
Sale
 
First Quarter 2017
 
$
5.3

 
$
(3.5
)
General Cable Energy India Private Ltd. ("India")
 
Sale
 
First Quarter 2016
 
10.8

 
1.6

Phelps Dodge International Thailand ("Thailand") - 75.47% interest
 
Sale
 
Third Quarter 2015
 
88.0

 
16.1

Dominion Wire and Cables ("Fiji") - 51% interest
 
Sale
 
First Quarter 2015
 
9.3

 
(2.6
)
Keystone Electric Wire and Cable ("Keystone") - 20% interest
 
Sale
 
First Quarter 2015
 
11.0

 
3.6

Phelps Dodge International Philippines, Inc. ("PDP") - 60% interest and Phelps Dodge Philippines Energy Products Corp (“PDEP”), (together, "the Philippines")
 
Sale
 
Fourth Quarter 2014
 
67.1

 
17.6

(1)
The pre-tax gain / (loss) for each sale was recorded in the Selling, general and administrative ("SG&A") expenses caption of the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss); the pre-tax gain / (loss) includes the reclassification of foreign currency translation adjustments upon sale of the entity.