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Pension and Other Postretirement Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of Amounts Recognized in Balance Sheet
Amounts recognized for both pension and other postretirement benefit plans in the Consolidated Balance Sheets and in AOCI as of December 31 consist of:
  
Pension Benefits
 
Other Benefits
(in millions)
2014
 
2013
 
2014
 
2013
Assets and liabilities:
 
 
 
 
 
 
 
Liabilities – current
$
(0.7
)
 
$
(0.8
)
 
$
—

 
$
—

Liabilities – long term
$
(29.9
)
 
$
(20.0
)
 
$
(0.2
)
 
$
(0.3
)
Accumulated other comprehensive income:
 
 
 
 
 
 
 
Prior service cost (credit)
$
1.2

 
$
1.1

 
$
—

 
$
—

Net actuarial loss (gain)
$
34.8

 
$
22.8

 
$
—

 
$
—
Schedule of Changes in Projected Benefit Obligations
The following table provides a reconciliation of the changes in the pension and postretirement plan benefit obligations and fair value of plan assets for 2014 and 2013:
  
Pension Benefits
 
Other Benefits
(in millions)
2014
 
2013
 
2014
 
2013
Change in benefit obligation
 
 
 
 
 
 
 
Benefit obligation at beginning of period
$
164.8

 
$
186.5

 
$
0.3

 
$
0.2

Service cost
0.9

 
2.2

 
—

 
—

Interest cost
7.1

 
6.8

 
—

 
—

Plan amendments
—

 
—

 
—

 
—

Actuarial loss (gain)
17.5

 
(15.1
)
 
—

 
(0.1
)
Benefit payments
(11.3
)
 
(10.2
)
 
—

 
(0.1
)
Special termination benefits
—

 
—

 
—

 
—

Reclassification adjustment
—

 
—

 
—

 
0.3

Settlements
(0.3
)
 
(1.6
)
 
—

 
—

Curtailments
—

 
(3.8
)
 
—

 
—

Effect of changes in exchange rate
(1.9
)
 
—

 
—

 
—

Benefit obligation at measurement date
$
176.8

 
$
164.8

 
$
0.3

 
$
0.3
Schedule of Changes in Fair Value of Plan Assets
Change in plan assets
 
 
 
 
 
 
 
Fair value at beginning of period
$
144.0

 
$
148.5

 
$
—

 
$
—

Actual return on plan assets
12.8

 
5.9

 
—

 
—

Employer contributions
1.0

 
1.7

 
—

 
0.1

Benefit payments
(11.3
)
 
(10.2
)
 
—

 
(0.1
)
Settlements
(0.3
)
 
(1.6
)
 
—

 
—

Effect of changes in exchange rate
—

 
(0.3
)
 
—

 
—

Fair value at measurement date
$
146.2

 
$
144.0

 
$
—

 
$
—
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
  
December 31,
(in millions)
2014
 
2013
Projected benefit obligation
$
176.8

 
$
162.8

Accumulated benefit obligation
$
172.6

 
$
159.3

Fair value of plan assets
$
146.2

 
$
142.3
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets
Information for pension plans with a projected benefit obligation in excess of plan assets:
  
December 31,
(in millions)
2014
 
2013
Projected benefit obligation
$
176.8

 
$
164.8

Accumulated benefit obligation
$
172.6

 
$
160.9

Fair value of plan assets
$
146.2

 
$
144.0
Schedule of Net Benefit Costs
Components of net periodic expense (benefit) during the year: 
  
 
Pension Benefits
 
Other Benefits
(in millions)
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Service cost
 
$
0.9

 
$
2.2

 
$
2.4

 
$
—

 
$
0.0

 
$
0.0

Interest cost
 
7.1

 
6.8

 
7.2

 
—

 
0.0

 
0.1

Expected return on plan assets
 
(8.4
)
 
(8.5
)
 
(8.4
)
 
—

 
0.0

 
0.0

Amortization of net loss (gain)
 
1.0

 
2.7

 
3.0

 
—

 
(12.9
)
 
(9.2
)
Amortization of unrecognized prior service costs
 
(0.2
)
 
(0.2
)
 
(0.2
)
 
—

 
(2.1
)
 
(3.9
)
Curtailment and settlement gain
 
—

 
—

 
—

 
—

 
—

 
(45.0
)
Net periodic expense (benefit)
 
$
0.4

 
$
3.0

 
$
4.0

 
$
—

 
$
(15.0
)
 
$
(58.0
)
Schedule of Assumptions Used
Assumptions used to determine benefit obligations as of December 31:
 
  
Pension Benefits
 
Other Benefits
 
2014
 
2013
 
2014
 
2013
U.S.-Based Plans:
 
 
 
 
 
 
 
Discount rate
3.75
%
 
4.50
%
 
N/A

 
N/A

Rate of compensation increase
N/A

 
N/A

 
N/A

 
N/A

Europe-Based Plans:
 
 
 
 
 
 
 
Discount rate
1.50
%
 
2.75
%
 
1.25
%
 
2.25
%
Rate of compensation increase
3.00
%
 
3.00
%
 
N/A

 
N/A

India-Based Plans:
 
 
 
 
 
 
 
Discount rate
8.25
%
 
9.00
%
 
N/A

 
N/A

Rate of compensation increase
6.85
%
 
6.00
%
 
N/A

 
N/A

Assumptions used to determine net periodic benefit costs for the years ended December 31:
  
Pension Benefits
 
Other Benefits
 
2014
 
2013
 
2014
 
2013
U.S.-Based Plans:
 
 
 
 
 
 
 
Discount rate
4.50
%
 
3.75
%
 
N/A

 
N/A
Expected long-term return on plan assets
6.00
%
 
6.00
%
 
N/A

 
N/A
Rate of compensation increase
N/A

 
3.50
%
 
N/A

 
N/A
Europe-Based Plans:
 
 
 
 
 
 
 
Discount rate
2.75
%
 
2.75
%
 
2.25
%
 
N/A
Expected long-term return on plan assets
N/A

 
N/A

 
N/A

 
N/A
Rate of compensation increase
3.00
%
 
3.00
%
 
N/A

 
N/A
India-Based Plans:
 
 
 
 
 
 
 
Discount rate
9.00
%
 
8.25
%
 
N/A

 
N/A
Expected long-term return on plan assets
9.25
%
 
9.25
%
 
N/A

 
N/A
Rate of compensation increase
6.00
%
 
6.00
%
 
N/A

 
N/A
Schedule of Allocation of Plan Assets
The following tables provide pension plan assets based on nature and risks as of December 31, 2014 and 2013 (See Note 13, “Fair Value Measurements”, for additional information):
 
Plan Assets at December 31, 2014
(in millions)
Total Fair Value Measurement
 
Quoted Prices in Active Markets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
4.1

 
$
4.1

 
$
—

 
$
—

Mutual Funds:
 
 
 
 
 
 
 
U.S. large cap
19.1

 
19.1

 
—

 
—

U.S. small cap
11.9

 
11.9

 
—

 
—

International growth
13.7

 
13.7

 
—

 
—

Fixed Income Securities:
 
 
 
 
 
 
 
Corporate bonds
67.2

 
—

 
67.2

 
—

U.S. Treasury and Government bonds
16.1

 
16.1

 
—

 
—

U.S. state and political subdivision bonds
4.5

 
—

 
4.5

 
—

Other fixed income securities
7.5

 
—

 
7.5

 
—

Other:
 
 
 
 
 
 
 
India Government backed funds
2.1

 
2.1

 
—

 
—

Total
$
146.2

 
$
67.0

 
$
79.2

 
$
—

 
Plan Assets at December 31, 2013
(in millions)
Total Fair Value Measurement
 
Quoted Prices in Active Markets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
3.1

 
$
3.1

 
$
—

 
$
—

Mutual Funds:
 
 
 
 
 
 
 
U.S. large cap
18.2

 
18.2

 
—

 
—

U.S. small cap
12.3

 
12.3

 
—

 
—

International growth
15.0

 
15.0

 
—

 
—

Fixed Income Securities:
 
 
 
 
 
 
 
Corporate bonds
73.9

 
—

 
73.9

 
—

U.S. Treasury and Government bonds
10.0

 
10.0

 
—

 
—

U.S. state and political subdivision bonds
3.6

 
—

 
3.6

 
—

Other fixed income securities
5.7

 
—

 
5.7

 
—

Other:
 
 
 
 
 
 
 
India Government backed funds
2.2

 
2.2

 
—

 
—

Total
$
144.0

 
$
60.8

 
$
83.2

 
$
—
Schedule of Expected Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid: 
(in millions)
Year
Projected Benefit
Payments from
Pension Plans
 
Projected Benefit  Payments
From Postretirement Medical
And Life Insurance Plans
2015
$
10.7

 
$
—

2016
$
10.7

 
$
—

2017
$
11.2

 
$
—

2018
$
12.0

 
$
—

2019
$
12.1

 
$
—

Aggregate for 2020-2024
$
57.4

 
$
0.1