Divestitures (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations

Africa divestitures

Entity	Sale / Closure	Sale / Closure Date	Gross Proceeds		Pre-tax Gain (Loss)(1)
Algeria	Sale	Second Quarter 2017	$	3.8	$	(38.0	)
South Africa - Durban	Closure	Fourth Quarter 2016	—		1.6
South Africa - National Cables	Closure	Fourth Quarter 2016	—		(29.4		)
Zambia	Sale	Third Quarter 2016	9.8		(14.4		)
Egypt	Sale	Second Quarter 2016	5.8		(8.4		)

(1) The pre-tax gain / (loss) for each sale or liquidation was recorded in the SG&A expenses caption of the Consolidated Statements of Operations and Comprehensive Income (Loss); the pre-tax gain / (loss) includes the reclassification of foreign currency translation adjustments upon sale or liquidation of the entity. The aggregate pre-tax loss on the reclassification of foreign currency translation adjustments upon sale or liquidation of the Africa divestiture entities is $79.4 million.

Since October 2014, the Company has completed the following as of December 31, 2017 (in millions):

Asia Pacific divestitures

Entity	Sale / Closure	Sale / Closure Date	Gross Proceeds		Pre-tax Gain / (Loss) (1)
New Zealand (2)	Closure	Fourth Quarter 2017	$	10.3	$	5.4
China (3)	Sale	Third Quarter 2017	8.8		(19.9		)
Australia	Closure	Second Quarter 2017	—		(4.2		)
Pakistan	Sale	First Quarter 2017	5.3		(3.5		)
India	Sale	First Quarter 2016	10.8		1.6
Thailand	Sale	Third Quarter 2015	88.0		16.1
Fiji	Sale	First Quarter 2015	9.3		(2.6		)
Keystone	Sale	First Quarter 2015	11.0		3.6
PDP and PDEP	Sale	Fourth Quarter 2014	67.1		17.6

(1) The pre-tax gain / (loss) for each sale or liquidation was recorded in the SG&A expenses caption of the Consolidated Statements of Operations and Comprehensive Income (Loss); the pre-tax gain / (loss) includes the reclassification of foreign currency translation adjustments upon sale or liquidation of the entity. The aggregate net pre-tax loss on the reclassification of foreign currency translation adjustments upon sale or liquidation of the Asia Pacific divestiture entities is $46.9 million.

(2) The pre-tax gain includes a reclassification of foreign currency translation adjustments upon the substantially complete liquidation of the entity of $0.9 million and a pre-tax gain on the sale of the land and building of $4.5 million.

(3) In the fourth quarter of 2016, the Company updated its strategic path forward based on the current business environment and economic challenges for its China business. In anticipation of a prolonged sales process given the challenging environment, the Company's updated internal projections (based on a probability weighted cash flows approach), resulted in a long-lived asset impairment loss recorded in cost of sales of $11.0 million in the fourth quarter of 2016. The Company continued to pursue process improvement initiatives through the first half of 2017; however, in the third quarter of 2017, the Company completed an accelerated sale of China, recognizing a pre-tax loss of $19.9 million.