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Divestitures (Tables)
3 Months Ended
Mar. 30, 2018
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)
Entreprise des Industries du Cable de Biskra SPA ("Algeria") - 70% interest
 
Sale
 
Second Quarter 2017
 
$
3.8

 
$
(38.0
)
General Cable Phoenix South Africa Pty. Ltd. ("South Africa - Durban")
 
Closure
 
Fourth Quarter 2016
 

 
1.6

National Cables (Pty) Ltd. ("South Africa - National
Cables")
 
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")
 
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 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 March 30, 2018 (in millions):
Asia Pacific divestitures
Entity
 
Sale /
Closure
 
Sale / Closure Date
 
Gross Proceeds
 
Pre-tax Gain / (Loss) (1)
General Cable New Zealand Limited ("New Zealand")
 
Closure
 
Fourth Quarter 2017
 
$
10.3

 
$
5.4

General Cable (Tianjin) Alloy Products Company Limited ("China")
 
Sale
 
Third Quarter 2017
 
8.8

 
(19.9
)
General Cable Australia Pty. Ltd. ("Australia")
 
Closure
 
Second Quarter 2017
 

 
(4.2
)
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 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 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.