INCOME TAXES INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the beginning and ending amount of the unrecognized tax benefits is as follows:

Balance at January 1, 2013	$	49.9
Increase based on tax positions taken in a prior year	25.8
Decrease based on tax positions taken in a prior year	(1.6		)
Increase based on tax positions taken in the current year	9.3
Decrease resulting from the lapse of statutes of limitations	(8.9		)
Balance at December 31, 2013	74.5
Increase based on tax positions taken in a prior year	12.6
Decrease based on tax positions taken in a prior year	(22.8		)
Increase based on tax positions taken in the current year	8.0
Decrease resulting from the lapse of statutes of limitations	(10.3		)
Balance at December 31, 2014	$	62.0

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The Company's income before income taxes and the applicable provision for income taxes are as follows:

	Year Ended December 31,
	2014			2013			2012
Income from continuing operations before income taxes:
United States	$	146.9		$	36.0		$	108.4
Foreign	(19.7		)	44.6			17.7
	$	127.2		$	80.6		$	126.1
Provision for (benefit from) income taxes:
United States federal	$	58.2		$	27.4		$	43.1
State and local	17.9			13.8			(9.8		)
Foreign	5.1			7.4			11.5
	$	81.2		$	48.6		$	44.8
Current:
United States federal	$	2.6		$	3.2		$	2.3
State and local	3.5			0.7			2.2
Foreign	7.2			11.3			10.7
	13.3			15.2			15.2
Deferred:
United States federal	55.6			24.2			40.8
State and local	14.4			13.1			(12.0		)
Foreign	(2.1		)	(3.9		)	0.8
	67.9			33.4			29.6
Total provision for income taxes:	$	81.2		$	48.6		$	44.8

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The actual tax on income before income taxes is reconciled to the applicable statutory federal income tax rate below. Certain prior year amounts have been reclassified to conform to the presentation for 2014.

	Year Ended December 31,
	2014		2013			2012
Computed income tax expense	$	44.5	$	28.2		$	44.1
State and local taxes, net of U.S. federal income tax benefit	20.5		8.9			3.9
Foreign and U.S. tax effects attributable to operations outside the U.S.	4.2		(4.9		)	(4.3		)
Establishment (release) of valuation allowance	6.4		—			(15.8		)
Foreign dividends and earnings taxable in the U.S.	5.4		11.0			12.7
Restructuring charges and litigation loss contingency for which there is no tax benefit	—		2.7			7.2
Other	0.2		2.7			(3.0		)
Tax expense	$	81.2	$	48.6		$	44.8

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred taxes are the result of temporary differences between the bases of assets and liabilities for financial reporting and income tax purposes. Deferred tax assets and liabilities at December 31, 2014 and 2013 were comprised of the following:

	December 31,
	2014			2013(a)
Deferred tax assets:
Inventories	$	7.6		$	9.1
Net operating loss carryforwards - U.S.	77.6			127.8
Net operating loss carryforwards - foreign	57.9			69.9
Employee benefits	100.7			65.0
State and local taxes	2.7			2.3
Sales related reserves	26.2			33.3
Other	46.1			41.0
Total gross deferred tax assets	318.8			348.4
Less valuation allowance	(57.1		)	(61.7		)
Total deferred tax assets, net of valuation allowance	261.7			286.7
Deferred tax liabilities:
Plant, equipment and other assets	(30.0		)	(29.3		)
Intangibles	(88.0		)	(98.8		)
Foreign currency translation adjustment	3.9			1.9
Other	(55.2		)	(45.2		)
Total gross deferred tax liabilities	(169.3		)	(171.4		)
Net deferred tax assets	$	92.4		$	115.3

^(a) During the year ended December 31, 2014, the Company recorded Measurement Period Adjustments to certain net assets and intangible assets acquired in the Colomer Acquisition on October 9, 2013. Accordingly, the prior period has been retrospectively adjusted for such Measurement Period Adjustments. Refer to Note 2, "Business Combination" for additional details.