Westran S-4 17 Aug 16 Registration of securities issued in business combination transactions Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Jun. 30, 2016
Document And Entity Information [Abstract]
Document Type	S4
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Trading Symbol	MFS
Entity Registrant Name	MANITOWOC FOODSERVICE, INC.
Entity Central Index Key	1,650,962
Entity Filer Category	Non-accelerated Filer

Consolidated (Condensed) Statem

Consolidated (Condensed) Statements of Operations - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Net sales		$ 368.4	$ 407.7	$ 693.9	$ 753.1
Cost of sales		233.7	280.8	441.6	519.6
Gross profit		134.7	126.9	252.3	233.5
Costs and expenses:
Selling, general and administrative expenses		75.4	69.2	147.2	151.6
Amortization expense		7.9	7.9	15.7	15.7
Separation expense		1.3	0.5	4.3	0.5
Restructuring expense		0.3	(0.2)	1.6	0.5
Earnings from operations		49.8	49.5	83.5	65.2
Interest expense		27	0.4	35.5	0.7
Interest (income) expense on notes with MTW - net		0	(4.6)	0.1	(9.3)
Other (income) expense - net		3.6	(0.2)	6	(0.6)
Earnings before income taxes		19.2	53.9	41.9	74.4
Income taxes		4.1	17	8.7	23.5
Discontinued operations:
Earnings (loss) from discontinued operations, net of income taxes			0.1
Loss on sale of discontinued operations, net of income taxes			0
Net earnings		$ 15.1	$ 36.9	$ 33.2	$ 50.9
Per Share Data
Earnings from continuing operations			$ 0.27
Earnings from per common share - Basic (in dollars per share)		$ 0.11	0.27	$ 0.24	$ 0.37
Loss from discontinued operations			0
Earnings from per common share - Diluted (in dollars per share)		$ 0.11	0.27	$ 0.24	$ 0.37
Loss on sale of discontinued operations			$ 0
Weighted average shares outstanding - Basic (in shares)		137,131,572	137,016,712	137,105,290	137,016,712
Weighted average shares outstanding - Diluted (in shares)		138,374,379	137,016,712	138,356,213	137,016,712
Basic and diluted net earnings per share	[1]		$ 0.27
[1]	On March 4, 2015, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. See Note 24, "Earnings Per Share," in the Audited Combined Financial Statements for more information. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction.

Consolidated (Condensed) State3

Consolidated (Condensed) Statements of Operations (Parenthetical) - USD ($) $ in Millions	Mar. 04, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Earnings (loss) from discontinued operations, income taxes		$ 0.1	$ (0.3)	$ (1)
Loss on sale of discontinued operations, income taxes		$ 0	$ (0.6)	$ 4.4
Share attributable to Manitowoc common shareholders	137,016,712	137,016,712	137,016,712	137,016,712

Consolidated (Condensed) State4

Consolidated (Condensed) Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net earnings	$ 15.1	$ 36.9	$ 33.2	$ 50.9	$ 157.1	$ 159.8	$ 146.1
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(6.1)	1.3	11.1	(9.8)	(25.2)	(16.9)	2.6
Unrealized gain (loss) on derivatives, net of income taxes	1.5	0.7	2.4	(1)	(0.8)	(0.6)	(0.2)
Employee pension and post-retirement benefits, net of income taxes	0.3	(1.2)	(8.6)	0.5	2.2	(4.4)	5.6
Total other comprehensive income (loss), net of tax	(4.3)	0.8	4.9	(10.3)	(23.8)	(21.9)	8
Comprehensive income (loss)	$ 10.8	$ 37.7	$ 38.1	$ 40.6	$ 133.3	$ 137.9	$ 154.1

Consolidated (Condensed) State5

Consolidated (Condensed) Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on derivatives, taxes	$ 0.3	$ 0	$ 0.7	$ 0.6	$ 0.5	$ 0.2	$ 0
Employee pension and post retirement benefits, taxes	$ 0.1	$ (0.5)	$ (5.8)	$ 0	$ 0	$ 0.3	$ (0.6)

Consolidated (Condensed) Balanc

Consolidated (Condensed) Balance Sheets - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 40.7	$ 32	$ 16.5
Restricted cash	0.4	0.6	0
Accounts receivable, less allowances	100.7	63.8	71
Inventories - net	163.6	145.9	163.2
Deferred income taxes		0	23.7
Prepaids and other current assets	10.7	10.3	15.1
Current assets held for sale	6.2	0
Total current assets	322.3	252.6	289.5
Property, plant and equipment - net	111.4	116.4	134.3
Goodwill	845.9	845.8	872.8
Other intangible assets - net	503.3	519.6	584.5
Other non-current assets	24.1	15.9	17.2
Long-term assets held for sale	0	3.7	0
Total assets	1,807	1,754	1,898.3
Current Liabilities:
Accounts payable	124.4	129	166.7
Accrued expenses and other liabilities	146.3	157.6	165.4
Short-term borrowings	0.1	0
Current portion of long-term debt and capital leases	1.3	0.4	0.5
Product warranties	31.1	34.3	36
Total current liabilities	303.2	321.3	368.6
Long-term debt and capital leases	1,369.9	2.3	3.6
Deferred income taxes	152.8	167.9	218
Pension and postretirement health obligations	58.8	33.3	36.4
Other long-term liabilities	33.4	20.5	20.3
Total non-current liabilities	1,614.9	224	278.3
Total Equity (Deficit):
Common stock (300,000,000 and 0 shares authorized, 137,221,917 shares and 0 shares issued and 137,182,606 shares and 0 shares outstanding, respectively)	1.4	0
Additional paid-in capital (deficit)	(90.8)	0
Retained earnings	17.9	0
Net parent company investment	0	1,253.2	1,272.1
Accumulated other comprehensive loss	(39.6)	(44.5)	(20.7)
Total equity (deficit)	(111.1)	1,208.7	1,251.4
Total liabilities and equity	$ 1,807	$ 1,754	$ 1,898.3

Consolidated (Condensed) Balan7

Consolidated (Condensed) Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable allowances	$ 3.7	$ 4	$ 3.9
Common stock shares authorized (in shares)	300,000,000	0
Common stock shares issued (in shares)	137,221,917	0
Common stock shares outstanding (in shares)	137,182,606	0

Consolidated (Condensed) State8

Consolidated (Condensed) Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating activities
Net earnings	$ 33.2	$ 50.9	$ 157.1	$ 159.8	$ 146.1
Adjustments to reconcile net earnings to net cash provided by (used for) operating activities:
Asset impairments			9	1.1	0
Discontinued operations, net of income taxes			(0.1)	0.4	0.5
Depreciation	8.8	10	19.6	21.2	20
Amortization of intangible assets	15.7	15.7	31.4	31.8	31.4
Amortization of deferred financing fees	1.9	0
Deferred income taxes	(5.7)	3.5	(30)	(17.5)	(9.6)
Stock-based compensation expense	3.4	1.6
Loss on sale of property, plant, and equipment	0.1	0.3	0.9	0.3	0.7
Gain on acquisitions and divestitures			(14.8)	0	0
Loss on sale of discontinued operations			0	1.1	2.7
Other			2.3	2.4	3.6
Changes in operating assets and liabilities, excluding the effects of business acquisitions or dispositions:
Accounts receivable	(22.3)	(29.6)	(7.5)	(0.3)	(3.2)
Inventories	(17.7)	(27)	4.7	(23.8)	(8.8)
Other assets	(5.9)	(2.6)	1.4	(1.3)	(5.7)
Accounts payable	(4.3)	(18)	(25.6)	21.2	17
Accrued expenses and other liabilities	(5)	(15.1)	(5.5)	4.2	9.6
Net cash provided by (used for) operating activities	2.2	(10.3)	142.9	200.6	204.3
Net cash provided by (used for) operating activities of discontinued operations			0.1	(0.4)	(2.4)
Net cash provided by operating activities			143	200.2	201.9
Net cash provided by (used for) operating activities	2.2	(10.3)	142.9	200.6	204.3
Cash Flows From Investing activities
Capital expenditures	(6.2)	(6.7)	(13.2)	(25.3)	(33.6)
Proceeds from sale of property, plant and equipment			0	0	1.6
Changes in restricted cash	0.2	(0.3)	(0.6)	0	0
Business acquisitions, net of cash acquired			(5.3)	0	(12.2)
Proceeds from sale of business			78.2	0	0.7
Net cash provided by (used for) investing activities of continuing operations	(6)	(7)	59.1	(25.3)	(43.5)
Net cash provided by investing activities of discontinued operations			0	0	0.6
Net cash provided by (used for) investing activities			59.1	(25.3)	(42.9)
Cash Flows From Financing activities
Payments on capital leases			(0.7)	(3.4)	(2.9)
Proceeds from long-term debt and capital leases	1,457	0.4
Proceeds from capital leases			0.5	3.1	3.4
Repayments on long-term debt and capital leases	(49.6)	(0.2)
Debt issuance costs	(40.9)	0
Changes in short-term borrowings	0.1	0
Dividend paid to MTW	(1,362)	0
Net transactions with MTW	7.6	16.3	(182.9)	(166.7)	(171.5)
Exercises of stock options	0.4	0
Net cash provided by (used for) financing activities	12.6	16.5	(183.1)	(167)	(171)
Effect of exchange rate changes on cash	(0.1)	(0.9)	(3.5)	(1)	(0.6)
Net increase (decrease) in cash and cash equivalents	8.7	(1.7)	15.5	6.9	(12.6)
Balance at beginning of period	32	16.5	16.5	9.6	22.2
Balance at end of period	$ 40.7	$ 14.8	32	16.5	9.6
Supplemental Cash Flow Information
Income taxes paid			$ 13.2	$ 13.2	$ 15.9

Combined Statements of Equity

Combined Statements of Equity - USD ($) $ in Millions	Total	Net Parent Company Investment	Accumulated Other Comprehensive (Loss) Income
Beginning balance at Dec. 31, 2012		$ 1,303.5	$ (6.8)
Net earnings	$ 146.1	146.1
Other comprehensive (loss) income	8		8
Net decrease in net parent company investment		(182.4)
Ending balance at Dec. 31, 2013	1,268.4	1,267.2	1.2
Net earnings	159.8	159.8
Other comprehensive (loss) income	(21.9)		(21.9)
Net decrease in net parent company investment		(154.9)
Ending balance at Dec. 31, 2014	1,251.4	1,272.1	(20.7)
Net earnings	14
Other comprehensive (loss) income			(11.1)
Ending balance at Mar. 31, 2015			(31.8)
Beginning balance at Dec. 31, 2014	1,251.4	1,272.1	(20.7)
Net earnings	50.9	50.9
Other comprehensive (loss) income	(10.3)		0.8
Ending balance at Jun. 30, 2015	1,322.3	1,353.3	(31)
Beginning balance at Dec. 31, 2014	1,251.4	1,272.1	(20.7)
Net earnings	157.1	157.1
Other comprehensive (loss) income	(23.8)		(23.8)
Net decrease in net parent company investment		(176)
Ending balance at Dec. 31, 2015	1,208.7	1,253.2	(44.5)
Beginning balance at Mar. 31, 2015			(31.8)
Net earnings	36.9
Other comprehensive (loss) income	0.8
Ending balance at Jun. 30, 2015	1,322.3	1,353.3	(31)
Beginning balance at Dec. 31, 2015	1,208.7	1,253.2	(44.5)
Other comprehensive (loss) income			9.2
Ending balance at Mar. 31, 2016			(35.3)
Beginning balance at Dec. 31, 2015	1,208.7	1,253.2	(44.5)
Net earnings	33.2	$ 15.3
Other comprehensive (loss) income	4.9		(4.3)
Ending balance at Jun. 30, 2016	(111.1)		(39.6)
Beginning balance at Mar. 31, 2016			(35.3)
Net earnings	15.1
Other comprehensive (loss) income	(4.3)
Ending balance at Jun. 30, 2016	$ (111.1)		$ (39.6)

Description of the Business and

Description of the Business and Basis of Presentation	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Description of the Business and Basis of Presentation	1. Description of the Business and Basis of Presentation The Spin-Off On January 29, 2015, The Manitowoc Company, Inc. (“MTW”) announced plans to create two independent public companies to separately operate its two businesses: its Cranes business and its Foodservice business. To effect the separation, MTW first undertook an internal reorganization, following which MTW held the Cranes business, and Manitowoc Foodservice, Inc. (“MFS”) held the Foodservice business. Then on March 4, 2016, MTW distributed all the MFS common stock to MTW’s shareholders on a pro rata basis, and MFS became an independent publicly traded company (the “Distribution”). As used in this Quarterly Report on Form 10-Q, “Spin-Off” refers to both the above described internal reorganization and Distribution, collectively. In these consolidated (condensed) financial statements, unless the context otherwise requires: • “MFS” and the “Company” refer to Manitowoc Foodservice, Inc. and its consolidated subsidiaries, after giving effect to the internal reorganization and the distribution, or, in the case of information as of dates or for periods prior to its separation from MTW, the combined entities of the Foodservice business, and certain other assets and liabilities that were historically held at the MTW corporate level, but were specifically identifiable and attributable to the Foodservice business; and • “MTW” refers to The Manitowoc Company, Inc. and its consolidated subsidiaries, other than, for all periods following the Spin-Off, MFS. • “Spin-Off” refers to both the above described internal reorganization and distribution, collectively. Description of the Business The Company is among the world’s most preferred and innovative commercial foodservice equipment companies. It designs, manufactures, and services an integrated portfolio of hot and cold category products. It has one of the industry’s broadest portfolios of products that create optimal value for its channel partners while delivering superior performance, quality, reliability, and durability for its customers. The Company’s capabilities span refrigeration, ice-making, cooking, holding, food-preparation, and beverage-dispensing technologies, and allow it to equip entire commercial kitchens and serve the world’s growing demand for food prepared away from home. The Company supplies foodservice equipment to commercial and institutional foodservice operators such as full-service restaurants, quick-service restaurant chains, hotels, caterers, supermarkets, convenience stores, business and industry, hospitals, schools and other institutions. Basis of Presentation The accompanying unaudited consolidated (condensed) financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). All intercompany balances and transactions between the Company and its affiliates have been eliminated. During the periods presented prior to the Spin-Off on March 4, 2016, the Company’s financial statements were prepared on a combined standalone basis derived from the consolidated financial statements and accounting records of MTW. The Company functioned as part of the larger group of companies controlled by MTW. Accordingly, MTW performed certain corporate overhead functions for the Company. Therefore, certain costs related to the Company have been allocated from MTW for the portion of the three months ended March 31, 2016 up to the Spin-Off on March 4, 2016 and for the entirety of the three months ended March 31, 2015. These allocated costs are primarily related to: 1) corporate officers, 2) employee benefits and compensation, 3) share-based compensation, and 4) certain administrative functions, which are not provided at the business level including, but not limited to, finance, treasury, tax, audit, legal, information technology, human resources, and investor relations. Where possible, these costs were allocated based on direct usage, with the remainder allocated on a basis of revenue, headcount, or other measures the Company determined as reasonable. Management of the Company believes the assumptions underlying the unaudited consolidated (condensed) financial statements, including the assumptions regarding the allocated expenses, reasonably reflect the utilization of services provided to or the benefit received by the Company during the periods presented. Nevertheless, the accompanying unaudited consolidated (condensed) financial statements may not be indicative of the Company’s future performance, and do not necessarily include all of the actual expenses that would have been incurred by the Company and may not reflect the results of operations, financial position, and cash flows had the Company been a standalone company during the entirety of the periods presented. Accounting Policies In the opinion of management, the accompanying unaudited consolidated (condensed) financial statements contain all adjustments necessary for a fair statement of the results of operations and comprehensive income for the three and six months ended June 30, 2016 and 2015, the cash flows for the six months ended June 30, 2016 and 2015, and the balance sheet at June 30, 2016 and December 31, 2015, and except as otherwise discussed such adjustments consist of only those of a normal recurring nature. The interim results are not necessarily indicative of results for a full year and do not contain information included in the Company’s annual consolidated financial statements and notes for the year ended December 31, 2015. Certain information and footnote disclosures, normally included in financial statements prepared in accordance with U.S. GAAP, have been condensed or omitted pursuant to the SEC’s rules and regulations dealing with interim financial statements. However, the Company believes that the disclosures made in the unaudited consolidated (condensed) financial statements included herein are adequate to make the information presented not misleading. It is suggested that these unaudited financial statements be read in conjunction with the financial statements and the notes to the financial statements included in the Company’s latest annual report on Form 10-K. Certain prior period amounts have been reclassified to conform to the current period presentation. All dollar amounts, except share and per share amounts, are in millions of dollars throughout the tables included in these notes unless otherwise indicated. Recent Accounting Changes and Pronouncements On March 30, 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, “Stock Compensation (Topic 718)” which simplifies several aspects of the accounting for share-based payment award transactions. This ASU requires that all excess tax benefits and tax deficiencies should be recognized as income tax expense or benefit on the income statement. The excess tax items should be classified with other income tax cash flows as an operating activity. This ASU also allows an entity to account for forfeitures when they occur rather than the current U.S. GAAP practice where an entity makes an entity-wide accounting policy election to estimate the number of awards that are expected to vest. This ASU is effective for public companies for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years with early adoption permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements. On February 25, 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” which requires lessees to recognize right-of-use assets and lease liability, initially measured at present value of the lease payments, on its balance sheet for leases with terms longer than 12 months and classified as either financing or operating leases. ASU 2016-02 requires a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and provides certain practical expedients that companies may elect. This ASU is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years with early adoption permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments (Subtopic 825-10)—Recognition and Measurement of Financial Assets and Financial Liabilities.” This ASU provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. This ASU is effective for annual and interim periods beginning after December 15, 2017, and early adoption is not permitted. The Company is currently evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes (Subtopic 740-10).” ASU 2015-17 simplifies the presentation of deferred income taxes by eliminating the requirement for companies to present deferred tax liabilities and assets as current and non-current on the balance sheet. Instead, companies will be required to classify all deferred tax assets and liabilities as non-current. This guidance is effective for annual and interim periods beginning after December 15, 2016 and early adoption is permitted. The Company early adopted this ASU on a prospective basis as of December 31, 2015. Prior periods were not retrospectively adjusted. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations (Topic 805)—Simplifying the Accounting for Measurement-Period Adjustments.” The amendments in this ASU require that an acquirer in a business combination recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, rather than as retrospective adjustments. The amendments in this ASU are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments in this ASU should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this ASU with earlier application permitted for financial statements that have not been issued. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on the Company’s consolidated (condensed) financial statements. In August 2015, the FASB issued ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements.” This ASU clarifies the guidance related to accounting for debt issuance costs related to line-of-credit arrangements. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability. With the issuance of ASU 2015-15, the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The Company adopted this accounting guidance in the first quarter of fiscal year 2016 and its impact is presented in the consolidated (condensed) financial statements. In July 2015, the FASB issued ASU No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” This ASU changes the guidance on accounting for inventory accounted for on a first-in first-out basis (FIFO). Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a last-in, first-out basis (LIFO). The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2016. The Company believes the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This ASU provides guidance on accounting for a software license in a cloud computing arrangement. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. Further, all software licenses are within the scope of Accounting Standards Codification (“ASC”) Subtopic 350-40 and will be accounted for consistent with other licenses of intangible assets. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 820)—Amendments to the Consolidation Analysis.” This ASU amends the current consolidation guidance for both the variable interest entity (VIE) and voting interest entity (VOE) consolidation models. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items.” This update eliminates from U.S. GAAP the concept of extraordinary items. This ASU is effective for the first interim period within fiscal years beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. A reporting entity may apply the amendments prospectively or retrospectively to all prior periods presented in the financial statements. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on its consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements—Going Concern.” This update provides guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and to provide related footnote disclosures. This ASU is effective in the first annual period ending after December 15, 2016, with early adoption permitted. The Company believes the adoption of this ASU will not have a material impact on its consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This ASU provides a principles-based approach to revenue recognition to record the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU provides a five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, identify the performance obligations in the contact, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when each performance obligation is satisfied. The revenue standard is effective for the first interim period within fiscal years beginning after December 15, 2017 (as finalized by the FASB in August 2015 in ASU 2015-14 and as updated by ASUs 2016-10, 2016-11 and 2016-12), and can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of initial application along with additional disclosures. Early adoption is permitted as of the original effective date—the first interim period within fiscal years beginning after December 15, 2016. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements.	1. Description of the Business and Basis of Presentation The Spin-Off On January 29, 2015, The Manitowoc Company, Inc. (“MTW”) announced plans to create two independent public companies to separately operate its two businesses: its Crane business and its Foodservice business. To effect the separation, MTW first undertook an internal reorganization, following which MTW held the Crane business, and Manitowoc Foodservice, Inc. (“MFS”) held the Foodservice business. Then on March 4, 2016, MTW distributed all of our common stock to MTW’s shareholders on a pro rata basis, and MFS became an independent publicly traded company (the “Distribution”). As used in this prospectus, “Spin-Off” refers to both the above described internal reorganization and Distribution, collectively. In these combined financial statements, unless the context otherwise requires: • “MFS,” the “Company,” “we,” “our” and “us” refer to Manitowoc Foodservice, Inc. and its combined subsidiaries, after giving effect to the internal reorganization and the distribution, or, in the case of information as of dates or for periods prior to our separation from MTW, the combined entities of the Foodservice business, and certain other assets and liabilities that were historically held at the MTW corporate level, but were specifically identifiable and attributable to the Foodservice business; and • “MTW” refers to The Manitowoc Company, Inc. and its consolidated subsidiaries, other than, for all periods following the Spin-Off, MFS. • “Spin-Off” refers to both the above described internal reorganization and distribution, collectively. Nature of the Business MFS is among the world’s most preferred and innovative commercial foodservice equipment companies. It designs, manufactures, and services an integrated portfolio of hot and cold category products. We have one of the industry’s broadest portfolios of products that create optimal value for our channel partners while delivering superior performance, quality, reliability, and durability for our customers. Our capabilities span refrigeration, ice-making, cooking, holding, food-preparation, and beverage-dispensing technologies, and allow us to equip entire commercial kitchens and serve the world’s growing demand for food prepared away from home. We supply foodservice equipment to commercial and institutional foodservice operators such as full-service restaurants, quick-service restaurant chains, hotels, caterers, supermarkets, convenience stores, business and industry, hospitals, schools and other institutions. Basis of Presentation The accompanying combined financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), and derived from the consolidated financial statements and accounting records of MTW. The accompanying combined financial statements include the historical cost basis of assets, liabilities, revenues, and expenses of the individual entities that comprise MTW’s historical Foodservice segment, in addition to a corporate entity which historically supported Foodservice operations. All intercompany balances and transactions within MFS and its affiliates have been eliminated. However, interest income and expense related to the notes with MTW have been reflected on a net basis within the combined statement of operations as described in Note 23, “Net Parent Company Investment and Related Party Transactions.” As the separate legal entities that comprise MFS were not historically held by a single legal entity, Net Parent Company Investment is shown in lieu of shareholder’s equity in these combined financial statements. Balances between MFS and MTW (including its Crane business) that were not historically settled in cash are included in Net Parent Company Investment. Net Parent Company Investment represents MTW’s interest in the recorded assets of MFS and represents the cumulative investment by MTW in MFS through the dates presented, inclusive of operating results. During the periods presented, MFS functioned as part of the larger group of companies controlled by MTW, accordingly, MTW performed certain corporate overhead functions for MFS. Therefore, certain costs related to MFS have been allocated from MTW. These allocated costs are primarily related to: 1) corporate officers, 2) employee benefits and compensation, 3) share-based compensation, and 4) certain administrative functions, which are not provided at the business level including, but not limited to, finance, treasury, tax, audit, legal, information technology, human resources, and investor relations. Where possible, these costs were allocated based on direct usage, with the remainder allocated on a basis of revenue, headcount, or other measures we have determined as reasonable. Management of MFS believes the assumptions underlying the combined financial statements, including the assumptions regarding the allocated expenses, reasonably reflect the utilization of services provided to or the benefit received by MFS during the periods presented. Nevertheless, the accompanying combined financial statements may not be indicative of MFS’ future performance, and do not necessarily include all the of the actual expenses that would have been incurred by MFS and may not reflect the results of operations, financial position, and cash flows had MFS been a standalone company during the periods presented. Cash was managed centrally and flowed through centralized bank accounts controlled and maintained by MTW. Accordingly, cash and cash equivalents held by MTW at the corporate level were not attributable to MFS for any of the periods presented. Only cash amounts specifically attributable to MFS are reflected in the combined balance sheets. Transfers of cash, both to and from MTW’s centralized cash management system, are reflected as a component of Net Parent Company Investment in the combined balance sheets and as a financing activity on the accompanying combined statements of cash flows. Additionally, none of MTW’s debt has been allocated to the combined financial statements as MFS has no legal obligation for any of the debt agreements. MFS received or provided funding as part of MTW’s centralized treasury program. Income tax expense in the combined statement of operations is computed on a separate return basis, as if MFS was operating as a separate consolidated group and filed separate tax returns in the jurisdictions in which it operates. As a result of potential changes to our business model and potential past and future tax planning, income tax expense included in the combined financial statements may not be indicative of MFS’ future expected tax rate. In addition, cash tax payments and items of current and deferred taxes may not be reflective of MFS’ actual tax balances prior to or subsequent to the Spin-Off.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Cash, Cash Equivalents, and Restricted Cash Inventories Goodwill and Other Intangible Assets Useful lives Patents 10-20 years Engineering drawings 15 years Customer relationships 10-20 years Property, Plant and Equipment Property, plant and equipment are depreciated over the following estimated useful lives: Years Building and improvements 2 - 40 Machinery, equipment and tooling 2 - Furniture and fixtures 3 - 15 Computer hardware and software 2 - 7 Impairment of Long-Lived Assets For property, plant and equipment and other long-lived assets, other than goodwill and other indefinite lived intangible assets, MFS performs undiscounted operating cash flow analyses to determine impairments. If an impairment is determined to exist, any related impairment loss is calculated based upon comparison of the fair value to the net book value of the assets. Impairment losses on assets held for sale are based on the estimated proceeds to be received, less costs to sell. Each year, as of June 30, MFS tests for impairment of goodwill according to a two-step approach. In the first step, MFS estimates the fair values of its reporting units using the present value of future cash flows approach. If the carrying amount exceeds the fair value, the second step of the goodwill impairment test is performed to measure the amount of the impairment loss, if any. In the second step, the implied fair value of the goodwill is estimated as the fair value of the reporting unit used in the first step less the fair values of all other net tangible and intangible assets of the reporting unit. If the carrying amount of the goodwill exceeds its implied fair market value, an impairment loss is recognized in an amount equal to that excess, not to exceed the carrying amount of the goodwill. In addition, goodwill of a reporting unit is tested for impairment between annual tests if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. For other indefinite lived intangible assets, the impairment test consists of a comparison of the fair value of the intangible assets to their carrying amount. See Note 9, “Goodwill and Other Intangible Assets,” for further details on our impairment assessments. Warranties Environmental Liabilities Product Liabilities Foreign Currency Translation Derivative Financial Instruments and Hedging Activities MTW has and MFS has adopted substantially similar written policies and procedures that place all financial instruments under the direction of corporate treasury and restrict all derivative transactions to those intended for hedging purposes. The use of financial instruments for trading purposes is strictly prohibited. MTW used and MFS continues to use financial instruments to manage the market risk from changes in foreign exchange rates, commodities and interest rates. MFS follows the guidance in accordance with ASC Subtopic 815-10, “Derivatives and Hedging.” The fair values of all derivatives are recorded in the combined balance sheets. The change in a derivative’s fair value is recorded each period in current earnings or AOCI depending on whether the derivative is designated and qualifies as part of a hedge transaction and if so, the type of hedge transaction. During 2015, 2014 and 2013, minimal amounts were recognized in earnings due to ineffectiveness of certain commodity hedges. The amount reported as derivative instrument fair market value adjustment in the AOCI account within the combined statements of comprehensive income (loss) represents the net gain (loss) on foreign currency exchange contracts and commodity contracts designated as cash flow hedges, net of income taxes. Cash Flow Hedges Stock-Based Compensation Revenue Recognition Research and Development Income Taxes MFS recognizes deferred tax assets and liabilities for the expected future income tax consequences of events that have been recognized in MFS’ financial statements. Deferred tax assets and liabilities are determined based on the temporary difference between financial statement carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which the temporary differences are expected to reverse. Valuation allowances are provided for deferred tax assets where it is considered more likely than not that the Company will not realize the benefit of such assets. MFS evaluates its uncertain tax positions as new information becomes available. Tax benefits are recognized to the extent a position is more likely than not to be sustained upon examination by the taxing authority. With the exception of certain separate filing Foodservice U.S. and non-U.S. entities that will transfer to MFS after the Spin-Off, current income tax liabilities were deemed to settle immediately with MTW tax paying entities in the respective jurisdictions. These settlements were reflected as changes in the net parent company investment account. Comprehensive Income (Loss) Concentration of Credit Risk Recent accounting changes and pronouncements On February 25, 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” which requires lessees to recognize right-of-use assets and lease liability, initially measured at present value of the lease payments, on its balance sheet for leases with terms longer than 12 months and classified as either financing or operating leases. ASU 2016-02 requires a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and provides certain practical expedients that companies may elect. ASU 2016-02 is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. We are currently evaluating the effects that the adoption of ASU 2016-02 will have on our consolidated financial statements. In January 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-01, “Financial Instruments (Subtopic 825-10) - Recognition and Measurement of Financial Assets and Financial Liabilities.” This update provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. This guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is not permitted. The Company is evaluating the impact, if any, the adoption of this ASU will have on the Company’s consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes (Subtopic 740-10).” ASU 2015-17 simplifies the presentation of deferred income taxes by eliminating the requirement for companies to present deferred tax liabilities and assets as current and non-current on the balance sheet. Instead, companies will be required to classify all deferred tax assets and liabilities as non-current. This guidance is effective for annual and interim periods beginning after December 15, 2016 and early adoption is permitted. We early adopted this ASU on a prospective basis as of December 31, 2015. Prior periods were not retrospectively adjusted. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations (Topic 805) - Simplifying the Accounting for Measurement-Period Adjustments.” The amendments in this ASU require that an acquirer in a business combination recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, rather than as retrospective adjustments. The amendments in this ASU are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments in this ASU should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this ASU with earlier application permitted for financial statements that have not been issued. We believe the adoption of this ASU will not have a material impact on our combined financial statements. In August 2015, the FASB issued ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements.” This ASU clarifies the guidance related to accounting for debt issuance costs related to line-of-credit arrangements. In April 2015, the FASB issued ASU 2015-03 which requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability; see further discussion of ASU 2015-03 below. The guidance in ASU 2015-03 did not address presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. This ASU will be effective beginning in the interim period ended March 31, 2016 and will not affect the prior periods presented. In July 2015, the FASB issued ASU No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” This ASU changes the guidance on accounting for inventory accounted for on a first-in first-out basis (FIFO). Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a last-in, first-out basis (LIFO). The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2016. We believe the adoption of this ASU will not have a material impact on our combined financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This update provides guidance on accounting for a software license in a cloud computing arrangement. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. Further, all software licenses are within the scope of Accounting Standards Codification Subtopic 350-40 and will be accounted for consistent with other licenses of intangible assets. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. We believe the adoption of this ASU will not have a material impact on our combined financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs.” To simplify the presentation of debt issuance costs, this update requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, rather than as a deferred asset. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015, with early application permitted. This ASU will be effective beginning in the interim period ended March 31, 2016 and will not affect the prior periods presented. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 820)—Amendments to the Consolidation Analysis.” This update amends the current consolidation guidance for both the variable interest entity (VIE) and voting interest entity (VOE) consolidation models. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. MFS believes the adoption of this ASU will not have a material impact on its combined financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items.” This update eliminates from GAAP the concept of extraordinary items. ASU 2015-01 is effective for the first interim period within fiscal years beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. A reporting entity may apply the amendments prospectively or retrospectively to all prior periods presented in the financial statements. MFS believes the adoption of this ASU will not have a material impact on its combined financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements—Going Concern.” This update provided guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective in the first annual period ending after December 15, 2016, with early adoption permitted. MFS believes the adoption of this ASU will not have a material impact on its combined financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This update provided a principles-based approach to revenue recognition to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU provides a five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, identify the performance obligations in the contact, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when each performance obligation is satisfied. The revenue standard is effective for the first interim period within fiscal years beginning after December 15, 2017 (as finalized by the FASB in August 2015 in ASU 2015-14), and can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of initial application along with additional disclosures. Early adoption is permitted as of the original effective date—the first interim period within fiscal years beginning after December 15, 2016. MFS is evaluating the impact, if any, the adoption of this ASU will have on its combined financial statements. In April 2014, the FASB issued ASU No. 2014-08, “Presentation of Financial Statements and Property, Plant, and Equipment: Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” This ASU changes the requirements for reporting discontinued operations in Accounting Standards Codification Subtopic 205-20, and now requires a disposal of a component of an entity or a group of components of an entity to be reported in discontinued operations only if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. There will also be additional disclosures required. The amendments in this ASU are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2014. The significance of this guidance for MFS is dependent on any future disposals.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Acquisitions	3. Acquisitions On October 1, 2013, MFS acquired all remaining shares of Inducs, AG (“Inducs”) for a purchase price, net of cash acquired, of approximately $12.2 million. MFS previously held a minority interest in Inducs. Inducs is a leader in induction cooking technology. Allocation of the purchase price resulted in $5.0 million of goodwill and $7.0 million of intangible assets. The results of Inducs have been included in these combined financial statements since the date of the acquisition. On October 21, 2015, MFS acquired the remaining 50% of outstanding shares of a joint venture in Thailand. Welbilt Thailand is a leading manufacturer of kitchen equipment in South East Asia. The purchase price, net of cash acquired, was approximately $5.3 million. The gain of $4.9 million recognized on the acquisition was a component of Other income (expense) - net in the Combined Statements of Operations for the year ended December 31, 2015. The gain related to the difference between the book value and the fair value of our previously held passive 50% equity interest in the joint venture. Allocation of the purchase price resulted in $1.4 million of goodwill and $4.2 million of intangible assets. The results of Welbilt Thailand have been included in these combined financial statements since the date of the acquisition.

Discontinued Operations and Div

Discontinued Operations and Divestitures	12 Months Ended
	Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations and Divestitures	4. Discontinued Operations and Divestitures On December 7, 2015, we announced the completion of the sale of Kysor Panel Systems, a manufacturer of wood frame and high-density rail panel systems for walk-in freezers and coolers for the retail and convenience-store markets, to an affiliate of D Cubed Group LLC. The sale price for the transaction was approximately $85 million, with cash proceeds received of approximately $78 million. In December 2015, the proceeds from the sale were used to reduce outstanding debt under MTW’s then-outstanding credit facility. This divestiture does not qualify for discontinued operations; therefore the results of the business are included in the operating results from continuing operations. During the fourth quarter of 2012, MTW decided to divest our warewashing equipment business, which operated under the brand name Jackson, and classified this business as discontinued operations in the Company’s financial statements. On January 28, 2013, we sold the Jackson warewashing equipment business to Hoshizaki USA Holdings, Inc. for approximately $39.2 million and a post-closing working capital adjustment of approximately $0.7 million. The transaction resulted in a $2.7 million loss on sale, which included $4.4 million of income tax expense. The results of these operations have been classified as discontinued operations. The following selected financial data of the Jackson business for the years ended December 31, 2015, 2014, and 2013, is presented for informational purposes only and does not necessarily reflect what the results of operations would have been had the business operated as a stand-alone entity. There was no general corporate expense or interest expense allocated to discontinued operations for this business during the periods presented. (in millions) 2015 2014 2013 Net sales $ — $ — $ 2.5 Pretax earnings from discontinued operation — — 0.1 Benefit for taxes on earnings — — (0.4 ) Net earnings from discontinued operation $ — $ — $ 0.5 The following selected financial data of various businesses disposed of prior to 2012, primarily consisting of administrative costs, for the years ended December 31, 2015, 2014, and 2013, is presented for informational purposes only and does not necessarily reflect what the results of operations would have been had the businesses operated as stand-alone entities. There was no general corporate expense or interest expense allocated to discontinued operations for these businesses during the periods presented. (in millions) 2015 2014 2013 Net sales $ — $ — $ — Pretax earnings (loss) from discontinued operations $ 0.2 $ (0.7 ) $ (1.6 ) Provision (benefit) for taxes on earnings 0.1 (0.3 ) (0.6 ) Net earnings (loss) from discontinued operations $ 0.1 $ (0.4 ) $ (1.0 ) During the third quarter of 2014, we settled a pension obligation related to a previously disposed entity, which resulted in a $1.1 million loss on sale of discontinued operations, net of income tax benefit of $0.6 million, during the period.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	2. Fair Value of Financial Instruments The following tables set forth financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of June 30, 2016 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 1.3 $ — $ 1.3 Commodity contracts — 0.1 — 0.1 Total current assets at fair value $ — $ 1.4 $ — $ 1.4 Non-current Assets: Commodity contracts — 0.1 — 0.1 Total non-current assets at fair value — 0.1 — 0.1 Total assets at fair value $ — $ 1.5 $ — $ 1.5 Current Liabilities: Foreign currency exchange contracts $ — $ 0.9 $ — $ 0.9 Commodity contracts — 0.7 — 0.7 Total current liabilities at fair value $ — $ 1.6 $ — $ 1.6 Total liabilities at fair value $ — $ 1.6 $ — $ 1.6 Fair Value as of December 31, 2015 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ — $ — $ — Total current assets at fair value $ — $ — $ — $ — Total assets at fair value $ — $ — $ — $ — Current Liabilities: Foreign currency exchange contracts $ — $ 0.1 $ — $ 0.1 Commodity contracts — 3.1 — 3.1 Total current liabilities at fair value $ — $ 3.2 $ — $ 3.2 Non-current Liabilities: Commodity contracts $ — $ 0.4 $ — $ 0.4 Total non-current liabilities at fair value $ — $ 0.4 $ — $ 0.4 Total liabilities at fair value $ — $ 3.6 $ — $ 3.6 The fair value of the Company’s 9.50% Senior Notes due 2024 (the “Senior Notes”) and Term Loan B under its Senior Secured Credit Facilities was approximately $477.3 million and $960.7 million, respectively, as of June 30, 2016. Neither the Senior Notes nor the Term Loan B existed as of December 31, 2015. See Note 9, “Debt,” for a description of the debt instruments and their related carrying values. ASC Subtopic 820-10, “Fair Value Measurement,” defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Subtopic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability The Company endeavors to utilize the best available information in measuring fair value. The Company estimates the fair value of its Senior Notes and Term Loan B based on quoted market prices of the instruments. Because these markets are typically thinly traded, the assets and liabilities are classified as Level 2 within the valuation hierarchy. The carrying values of cash and cash equivalents, accounts receivable, accounts payable, and deferred purchase price notes on receivables sold (see Note 8, “Accounts Receivable Securitization”), approximate fair value, without being discounted as of June 30, 2016 and December 31, 2015 due to the short-term nature of these instruments. As a result of its global operating and financing activities, the Company is exposed to market risks from changes in foreign currency exchange rates, and commodity prices, which may adversely affect its operating results and financial position. When deemed appropriate, the Company minimizes these risks through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes, and the Company does not use leveraged derivative financial instruments. The foreign currency exchange and commodity contracts are valued through an independent valuation source which uses an industry standard data provider, with resulting valuations periodically validated through third-party or counterparty quotes. As such, these derivative instruments are classified within Level 2.	5. Fair Value of Financial Instruments The following tables sets forth financial assets and liabilities which were attributable to MFS and were accounted for at fair value on a recurring basis as of December 31, 2015 and 2014 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of December 31, 2015 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ — $ — $ — Total current assets at fair value $ — $ — $ — $ — Total assets at fair value $ — $ — $ — $ — Current Liabilities: Foreign currency exchange contracts $ — $ 0.1 $ — $ 0.1 Commodity contracts — 3.1 — 3.1 Total current liabilities at fair value $ — $ 3.2 $ — $ 3.2 Non-current Liabilities: Commodity contracts $ — $ 0.4 $ — $ 0.4 Total non-current liabilities at fair value $ — $ 0.4 $ — $ 0.4 Total liabilities at fair value $ — $ 3.6 $ — $ 3.6 Fair Value as of December 31, 2014 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ — $ — $ — Total current assets at fair value $ — $ — $ — $ — Total assets at fair value $ — $ — $ — $ — Current Liabilities: Foreign currency exchange contracts $ — $ 0.7 $ — $ 0.7 Commodity contracts — 0.7 — 0.7 Total current liabilities at fair value $ — $ 1.4 $ — $ 1.4 Non-current Liabilities: Interest rate swap contracts: Fixed-to-float $ — $ — $ — $ — Total non-current liabilities at fair value $ — $ 0.3 $ — $ 0.3 Total liabilities at fair value $ — $ 1.7 $ — $ 1.7 ASC Subtopic 820-10, “Fair Value Measurement,” defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Subtopic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability MFS endeavors to utilize the best available information in measuring fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The carrying values of cash and cash equivalents, accounts receivable, accounts payable, and deferred purchase price notes on receivables sold (see Note 11, “Accounts Receivable Securitization”), approximate fair value, without being discounted as of December 31, 2015 and December 31, 2014 due to the short-term nature of these instruments. As a result of its global operating and financing activities, MFS is exposed to market risks from changes in foreign currency exchange rates, and commodity prices, which may adversely affect its operating results and financial position. When deemed appropriate, MFS minimizes these risks through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes, and MFS does not use leveraged derivative financial instruments. The foreign currency exchange and commodity contracts are valued through an independent valuation source which uses an industry standard data provider, with resulting valuations periodically validated through third-party or counterparty quotes. As such, these derivative instruments are classified within Level 2.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	3. Derivative Financial Instruments The Company uses derivative instruments to manage business risk exposures that have been identified through the risk identification and measurement process, provided they clearly qualify as “hedging” activities as defined in its risk policy. It is the Company’s policy to enter into derivative transactions only to the extent true exposures exist; the Company does not enter into derivative transactions for trading or other speculative purposes. The primary risks the Company manages using derivative instruments are commodity price risk and foreign currency exchange risk. Swap contracts on various commodities are used to manage the price risk associated with forecasted purchases of materials used in the Company’s manufacturing process. The Company also enters into various foreign currency derivative instruments to help manage foreign currency risk associated with its projected purchases and sales and foreign currency denominated receivable and payable balances. The Company designates commodity swaps and foreign currency exchange contracts as cash flow hedges of forecasted purchases of commodities and currencies. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative instruments representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in current earnings. In the next twelve months the Company estimates $0.3 million of unrealized gain, net of tax, related to commodity price and currency rate hedging will be reclassified from other comprehensive (loss) income into earnings. Foreign currency and commodity hedging is generally completed prospectively on a rolling basis for twelve and twenty-four months, respectively, depending on the type of risk being hedged. For derivative instruments that are not designated as hedging instruments, the gains or losses on the derivatives are recognized in current earnings within other (expense) income, net in the consolidated (condensed) statement of operations. The fair value of outstanding derivative contracts recorded as liabilities in the accompanying consolidated (condensed) balance sheet as of June 30, 2016 and December 31, 2015 are included within accounts payable, accrued expenses and other long-term liabilities and were not material in the periods presented.	6. Derivative Financial Instruments MFS’ risk management objective is to ensure that business exposures to risks that have been identified and measured and are capable of being controlled are minimized or managed using what it believes to be the most effective and efficient methods to eliminate, reduce, or transfer such exposures. Operating decisions consider these associated risks and structure transactions to minimize or manage these risks whenever possible. Use of derivative instruments is consistent with the overall business and risk management objectives of MFS. Derivative instruments may be used to manage business risk within limits specified by our risk policies and manage exposures that have been identified through the risk identification and measurement process, provided that they clearly qualify as “hedging” activities as defined in the risk policy. Use of derivative instruments is not automatic, nor is it necessarily the only response to managing pertinent business risk. Use is permitted only after the risks that have been identified are determined to exceed defined tolerance levels and are considered to be unavoidable. The primary risks we manage using derivative instruments are commodity price risk and foreign currency exchange risk. Swap contracts on various commodities are used to manage the price risk associated with forecasted purchases of materials used in MFS’ manufacturing process. We also enter into various foreign currency derivative instruments to help manage foreign currency risk associated with MFS’ projected purchases and sales and foreign currency denominated receivable and payable balances. ASC Subtopic 815-10, “Derivatives and Hedges,” requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the statement of financial position. In accordance with ASC Subtopic 815-10, MFS designates commodity swaps and foreign currency exchange contracts as cash flow hedges of forecasted purchases of commodities and currencies. For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative instruments representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in current earnings. In the next twelve months we estimate $0.8 million of unrealized losses, net of tax, related to commodity price and currency rate hedging will be reclassified from other comprehensive income (loss) into earnings. Foreign currency and commodity hedging is generally completed prospectively on a rolling basis for twelve and twenty-four months, respectively, depending on the type of risk being hedged. As of December 31, 2015, MFS had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Commodity Units Hedged Type Aluminum 1,215 MT Cash flow Copper 472 MT Cash flow Natural gas 49,396 MMBtu Cash flow Steel 11,073 Short Tons Cash flow Currency Units Hedged Type Canadian Dollar 587,556 Cash flow European Euro 231,810 Cash Flow Great British Pound 113,115 Cash Flow Mexican Peso 28,504,800 Cash flow For derivative instruments that are not designated as hedging instruments under ASC Subtopic 815-10, the gains or losses on the derivatives are recognized in current earnings within other (expense) income, net in the combined statement of operations. As of December 31, 2015, MFS had the following outstanding currency forward contracts that were not designated as hedging instruments: Currency Units Hedged Recognized Location Purpose Canadian Dollar 1,117,850 Other (expense) income, net Accounts payable and receivable settlement The fair value of outstanding derivative contracts recorded as liabilities in the accompanying combined balance sheet as of December 31, 2015 was as follows: LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.1 Commodity contracts Accounts payable and accrued expenses 2.4 Commodity contracts Other non-current liabilities 0.3 Total derivatives designated as hedging instruments $ 2.8 LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Commodity Contracts Accounts payable and accrued expenses $ 0.7 Commodity Contracts Other non-current liabilities 0.1 Total derivatives NOT designated as hedging instruments $ 0.8 Total liability derivatives $ 3.6 The effect of derivative instruments on the combined statement of operations for the year ended December 31, 2015 and gains or losses initially recognized in AOCI in the combined balance sheet were as follows: Derivatives in Cash Flow Hedging Relationships (in millions) Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax) Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Foreign exchange contracts $ 0.3 Cost of sales $ (1.4 ) Commodity contracts (1.1 ) Cost of sales (3.4 ) Total $ (0.8 ) $ (4.8 ) Derivatives Relationships (in Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Commodity contracts Cost of sales $ 0.1 Total $ 0.1 Derivatives Not Designated as Hedging Instruments (in millions) Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivative Foreign exchange contracts Other (expense) income, net $ 0.1 Commodity contracts - ST Other (expense) income, net (0.7 ) Commodity contracts - LT Other (expense) income, net (0.1 ) Total $ (0.7 ) As of December 31, 2014, MFS had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Commodity Units Hedged Type Aluminum 1,657 MT Cash flow Copper 820 MT Cash flow Natural gas 56,792 MMBtu Cash flow Steel 12,634 Short Tons Cash flow Currency Units Hedged Type Canadian Dollar 7,984,824 Cash Flow Mexican Peso 52,674,383 Cash Flow For derivative instruments that are not designated as hedging instruments under ASC Subtopic 815-10, the gains or losses on the derivatives are recognized in current earnings within other (expense) income, net in the combined statement of operations. As of December 31, 2014, MFS had the following outstanding currency forward contracts that were not designated as hedging instruments: Currency Units Hedged Recognized Location Purpose European Euro 2,172,068 Other (expense) income, net Accounts payable and receivable settlement Mexican Peso 3,151,000 Other (expense) income, net Accounts payable and receivable settlement Canadian Dollar 2,516 Other (expense) income, net Accounts payable and receivable settlement The fair value of outstanding derivative contracts recorded as liabilities in the accompanying combined balance sheet as of December 31, 2014 was as follows: LIABILITIES DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.6 Commodity contracts Accounts payable and accrued expenses 0.7 Commodity contracts Other non-current liabilities 0.3 Total derivatives designated as hedging instruments $ 1.6 LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.1 Total derivatives NOT designated as hedging instruments $ 0.1 Total liability derivatives $ 1.7 The effect of derivative instruments on the combined statement of operations for the year ended December 31, 2014, and gains or losses initially recognized in AOCI in the combined balance sheet were as follows: Derivatives in Cash Flow Hedging Relationships (in millions) Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Foreign exchange contracts $ (0.1 ) Cost of sales $ (0.9 ) Commodity contracts (0.5 ) Cost of sales (0.3 ) Total $ (0.6 ) $ (1.2 ) Derivatives Relationships (in Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion Effectiveness Testing) Commodity contracts Cost of sales $ 0.1 Total $ 0.1 Derivatives Not Designated as Hedging Instruments (in millions) Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivative Foreign exchange contracts Other (expense) income, net $ — Total $ — As of December 31, 2013, MFS had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Commodity Units Hedged Type Aluminum 1,622 MT Cash flow Copper 382 MT Cash flow Natural gas 149,994 MMBtu Cash flow Steel 8,806 Short Tons Cash flow Currency Units Hedged Type Canadian Dollar 10,422,932 Cash Flow European Euro 13,447,750 Cash Flow United States Dollar 2,100,000 Cash Flow For derivative instruments that are not designated as hedging instruments under ASC Subtopic 815-10, the gains or losses on the derivatives are recognized in current earnings within other (expense) income, net in the combined statement of operations. As of December 31, 2013, MFS had no outstanding currency forward contracts that were not designated as hedging instruments. The fair value of outstanding derivative contracts recorded as assets in the accompanying combined balance sheet as of December 31, 2013, was as follows: ASSET DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Other current assets $ — Commodity contracts Other current assets 0.1 Total derivatives designated as hedging instruments $ 0.1 ASSET DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Foreign exchange contracts Other current assets $ — Total derivatives NOT designated as hedging instruments $ — Total asset derivatives $ 0.1 The fair value of outstanding derivative contracts recorded as liabilities in the accompanying combined balance sheet as of December 31, 2013, was as follows: LIABILITIES DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.4 Commodity contracts Accounts payable and accrued expenses 0.4 Total derivatives designated as hedging instruments $ 0.8 LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ — Total derivatives NOT designated as hedging instruments $ — Total liability derivatives $ 0.8 The effect of derivative instruments on the combined statement of operations for the year ended December 31, 2013, and gains or losses initially recognized in AOCI in the combined balance sheet were as follows: Derivatives in Cash Flow Hedging Relationships (in millions) Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax) Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Foreign exchange contracts $ (0.3 ) Cost of sales $ (0.4 ) Commodity contracts 0.3 Cost of sales (1.5 ) Total $ — $ (1.9 ) Derivatives Relationships (in Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion Effectiveness Testing) Commodity contracts Cost of sales $ 0.1 Total $ 0.1

Inventories

Inventories	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventories	4. Inventories The components of inventories at June 30, 2016 and December 31, 2015 are summarized as follows: (in millions) June 30, December 31, Inventories — gross: Raw materials $ 74.1 $ 70.7 Work-in-process 19.4 18.7 Finished goods 98.2 83.4 Total inventories — gross 191.7 172.8 Excess and obsolete inventory reserve (24.7 ) (23.5 ) Net inventories at FIFO cost 167.0 149.3 Excess of FIFO costs over LIFO value (3.4 ) (3.4 ) Inventories — net $ 163.6 $ 145.9	7. Inventories The components of inventories at December 31, 2015 and December 31, 2014 are summarized as follows: (in millions) 2015 2014 Inventories — gross: Raw materials $ 70.7 $ 77.2 Work-in-process 18.7 21.5 Finished goods 83.4 87.9 Total inventories — gross 172.8 186.6 Excess and obsolete inventory reserve (23.5 ) (20.3 ) Net inventories at FIFO cost 149.3 166.3 Excess of FIFO costs over LIFO value (3.4 ) (3.1 ) Inventories — net $ 145.9 $ 163.2

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	5. Property, Plant and Equipment The components of property, plant and equipment at June 30, 2016 and December 31, 2015 are summarized as follows: (in millions) June 30, December 31, Land $ 7.3 $ 7.3 Building and improvements 91.8 94.3 Machinery, equipment and tooling 213.2 216.0 Furniture and fixtures 6.0 6.2 Computer hardware and software 53.8 51.2 Construction in progress 10.2 9.8 Total cost 382.3 384.8 Less accumulated depreciation (270.9 ) (268.4 ) Property, plant and equipment — net $ 111.4 $ 116.4	8. Property, Plant and Equipment The components of property, plant and equipment at December 31, 2015 and December 31, 2014 are summarized as follows: (in millions) 2015 2014 Land $ 7.3 $ 6.6 Building and improvements 94.3 100.1 Machinery, equipment and tooling 216.0 237.0 Furniture and fixtures 6.2 6.6 Computer hardware and software 51.2 58.5 Construction in progress 9.8 12.7 Total cost 384.8 421.5 Less accumulated depreciation (268.4 ) (287.2 ) Property, plant and equipment - net $ 116.4 $ 134.3

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	6. Goodwill and Other Intangible Assets The Company has three reportable segments: Americas, EMEA, and APAC. The Americas segment includes the U.S., Canada and Latin America. The EMEA segment is made up of markets in Europe, Middle East and Africa, including Russia and the commonwealth of independent states. The APAC segment is principally comprised of markets in China, Singapore, Australia, India, Malaysia, Indonesia, Thailand and Philippines. The changes in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2016, were as follows: (in millions) Americas EMEA APAC Total Balance as of December 31, 2015 $ 832.6 $ 4.8 $ 8.4 $ 845.8 Foreign currency impact — 0.1 — 0.1 Balance as of June 30, 2016 $ 832.6 $ 4.9 $ 8.4 $ 845.9 The Company accounts for goodwill and other intangible assets under the guidance of ASC Topic 350, “Intangibles — Goodwill and Other.” The Company performs an annual impairment test or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company tests its reporting units and indefinite-lived intangible assets using a fair-value method based on the present value of future cash flows, which involves management’s judgments and assumptions about the amounts of those cash flows and the discount rates used. The estimated fair value is then compared with the carrying amount of the reporting unit, including recorded goodwill, or indefinite-lived intangible asset. The intangible asset is then subject to risk of write-down to the extent that the carrying amount exceeds the estimated fair value. As of June 30, 2016, the Company performed the annual impairment test for its reporting units, which were Americas, EMEA, and APAC, as well as its indefinite-lived intangible assets, and based on those results, the fair value of each of the Company’s reporting units exceeded their respective carrying values and no impairment was indicated. The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill are as follows as of June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 174.8 $ — $ 174.8 $ 175.1 $ — $ 175.1 Customer relationships 415.3 (161.0 ) 254.3 415.2 (150.4 ) 264.8 Patents 1.7 (1.7 ) — 1.7 (1.6 ) 0.1 Other intangibles 142.6 (68.4 ) 74.2 143.2 (63.6 ) 79.6 Total $ 734.4 $ (231.1 ) $ 503.3 $ 735.2 $ (215.6 ) $ 519.6 Amortization expense for the three months ended June 30, 2016 and 2015 was $7.9 million. Amortization expense for the six months ended June 30, 2016 and 2015 was $15.7 million.	9. Goodwill and Other Intangible Assets MFS has three reportable segments: Americas, EMEA, and APAC. The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2015, 2014 and 2013 were as follows: (in millions) Americas EMEA APAC Total Gross balance as of January 1, 2013 $ 1,172.8 $ 204.5 $ 7.4 $ 1,384.7 Acquisition of Inducs — 5.0 — 5.0 Restructuring reserve adjustment (0.7 ) — — (0.7 ) Foreign currency impact 0.6 (0.6 ) 0.1 0.1 Gross balance as of December 31, 2013 1,172.7 208.9 7.5 1,389.1 Accumulated asset impairments (312.2 ) (203.5 ) — (515.7 ) Net balance as of December 31, 2013 860.5 5.4 7.5 873.4 Foreign currency impact — (0.5 ) (0.1 ) (0.6 ) Gross balance as of December 31, 2014 1,172.7 208.4 7.4 1,388.5 Accumulated asset impairments (312.2 ) (203.5 ) — (515.7 ) Net balance as of December 31, 2014 860.5 4.9 7.4 872.8 Foreign currency impact — (0.1 ) (0.4 ) (0.5 ) Impact of acquisitions and divestitures (27.9 ) — 1.4 (26.5 ) Gross balance as of December 31, 2015 1,144.8 208.3 8.4 1,361.5 Accumulated asset impairments (312.2 ) (203.5 ) — (515.7 ) Net balance as of December 31, 2015 $ 832.6 $ 4.8 $ 8.4 $ 845.8 MFS accounts for goodwill and other intangible assets under the guidance of ASC Topic 350, “Intangibles - Goodwill and Other.” MFS performs an annual impairment test at June 30 of every year or more frequently if events or changes in circumstances indicate that the asset might be impaired. MFS tests its reporting units and indefinite-lived intangible assets using a fair-value method based on the present value of future cash flows, which involves management’s judgments and assumptions about the amounts of those cash flows and the discount rates used. The estimated fair value is then compared with the carrying amount of the reporting unit, including recorded goodwill, or indefinite-lived intangible asset. The intangible asset is then subject to risk of write-down to the extent that the carrying amount exceeds the estimated fair value. As of June 30, 2015, 2014, and 2013, MFS performed the annual impairment test for its reporting units, which were Americas; EMEA; and APAC, as well as its indefinite-lived intangible assets, and based on those results, no impairment was indicated in any of those periods. As discussed in Note 3, “Acquisitions,” on October 1, 2013, MFS acquired all remaining shares of Inducs in which it previously held a minority interest. The aggregate purchase price of $12.2 million, net of cash, resulted in $7.0 million of identifiable intangible assets and $5.0 million of goodwill. Of the $7.0 million of acquired intangible assets, $0.7 million was assigned to trademarks that are not subject to amortization, $1.2 million was assigned to customer relationships with a useful life of 19 years, and $5.1 million was assigned to developed technology with a useful life of 12 years. On October 21, 2015, the Company acquired the remaining 50% of outstanding shares of a joint venture in Thailand. The purchase price, net of cash acquired, was approximately $5.3 million. Allocation of the purchase price resulted in $1.4 million of goodwill and $4.2 million of intangible assets. The gross carrying amount and accumulated amortization of MFS’ intangible assets other than goodwill are as follows as of December 31, 2015 and December 31, 2014: December 31, 2015 December 31, 2014 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 175.1 $ — $ 175.1 $ 199.4 $ — $ 199.4 Customer relationships 415.2 (150.4 ) 264.8 415.0 (129.5 ) 285.5 Patents 1.7 (1.6 ) 0.1 1.7 (1.4 ) 0.3 Other intangibles 143.2 (63.6 ) 79.6 160.7 (61.4 ) 99.3 Total $ 735.2 $ (215.6 ) $ 519.6 $ 776.8 $ (192.3 ) $ 584.5 Amortization expense for the years ended December 31, 2015, 2014 and 2013 was $31.4 million, $31.8 million and $31.4 million, respectively. Excluding the impact of any future acquisitions or divestitures, MFS anticipates amortization will be approximately $32 million per year for the next five years.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses and Other Liabilities	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses and Other Liabilities	7. Accounts Payable and Accrued Expenses and Other Liabilities Accounts payable and Accrued expenses and other liabilities at June 30, 2016 and December 31, 2015 are summarized as follows: (in millions) June 30, December 31, Accounts payable: Trade accounts payable and interest payable $ 123.1 $ 121.7 Income taxes payable 1.3 7.3 Total accounts payable $ 124.4 $ 129.0 Accrued expenses and other liabilities: Employee related expenses $ 31.9 $ 24.5 Restructuring expenses 4.5 16.8 Profit sharing and incentives 10.9 3.9 Accrued rebates 41.6 51.6 Deferred revenue - current 3.6 3.8 Dividend payable to MTW — 10.2 Customer advances 5.8 2.9 Product liability 3.1 2.6 Miscellaneous accrued expenses 44.9 41.3 Total accrued expenses and other liabilities $ 146.3 $ 157.6	10. Accounts Payable and Accrued Expenses and Other Liabilities Accounts payable and Accrued expenses and other liabilities at December 31, 2015 and December 31, 2014 are summarized as follows: (in millions) 2015 2014 Accounts payable: Trade accounts payable and interest payable $ 121.7 $ 161.5 Income taxes payable 7.3 5.2 Total accounts payable $ 129.0 $ 166.7 Accrued expenses and other liabilities: Employee related expenses 24.5 31.1 Restructuring expenses 16.8 15.6 Profit sharing and incentives 3.9 4.1 Accrued rebates 51.6 52.3 Deferred revenue - current 3.8 3.8 Dividend payable to MTW 10.2 6.2 Customer advances 2.9 3.9 Product liability 2.6 2.2 Miscellaneous accrued expenses 41.3 46.2 Total accrued expenses and other liabilities $ 157.6 $ 165.4

Accounts Receivable Securitizat

Accounts Receivable Securitization	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Transfers and Servicing [Abstract]
Accounts Receivable Securitization	8. Accounts Receivable Securitization Prior to the Spin-Off, MFS sold accounts receivable through an accounts receivable securitization facility, (“the Prior Securitization Program”), comprised of two funding entities: Manitowoc Funding, LLC (“U.S. Seller”) and Manitowoc Cayman Islands Funding Ltd. (“Cayman Seller”). The U.S. Seller historically serviced domestic entities of both the Foodservice and Cranes segments of MTW and remitted all funds received directly to MTW. The Cayman Seller historically serviced solely MFS foreign entities and remitted all funds to MFS entities. The U.S. Seller entity remained with MTW subsequent to the Spin-Off, while the Cayman Seller was transferred to MFS subsequent to the Spin-Off. As the U.S. Seller is not directly attributable to MFS, only the receivables which were transferred to the U.S. Seller but not sold are reflected in MFS’ consolidated (condensed) balance sheet. A portion of the U.S. Seller’s historical expenses related to bond administration fees and settlement fees are allocated to MFS. As the Cayman Seller is directly attributable to MFS, the assets, liabilities, income and expenses of the Cayman Seller are included in MFS’ consolidated (condensed) statement of operations and balance sheet. MFS’ cost of funds under the facility used a LIBOR index rate plus a 1.25% fixed spread. On March 3, 2016, the Company entered into a new $110.0 million accounts receivable securitization program (the “2016 Securitization Facility”) among the Cayman Seller, as seller, MFS, Garland Commercial Ranges Limited, Convotherm Elektrogeräte GmbH, Manitowoc Deutschland GmbH, Manitowoc Foodservice UK Limited, Manitowoc Foodservice Asia Pacific Private Limited, and the other persons who may be from time to time, a party thereto, as servicers, with Wells Fargo Bank, National Association, as purchaser and agent, whereby MFS will sell certain of its domestic trade accounts receivable and certain of its non-U.S. trade accounts receivable to a wholly-owned, bankruptcy-remote, foreign special purpose entity, which entity in turn, will sell, convey, transfer and assign to a third-party financial institution (a “Purchaser”), all of the right, title and interest in and to its pool of receivables. The Purchaser will receive ownership of the pool of receivables. The Company, along with certain of its subsidiaries, act as servicers of the receivables and as such administer, collect and otherwise enforce the receivables. The servicers will be compensated for doing so on terms that are generally consistent with what would be charged by an unrelated servicer. As servicers, they will initially receive payments made by obligors on the receivables but will be required to remit those payments in accordance with a receivables purchase agreement. The Purchaser will have no recourse for uncollectible receivables. The 2016 Securitization Facility also contains customary affirmative and negative covenants. Among other restrictions, these covenants require the Company to meet specified financial tests, which include a Consolidated Interest Coverage Ratio and a Consolidated Total Leverage Ratio that are the same as the covenant ratios required per the 2016 Credit Agreement. Due to a short average collection cycle of less than 60 days for such accounts receivable as well as the Company’s collection history, the fair value of its deferred purchase price notes approximated book value. The fair value of the deferred purchase price notes recorded at June 30, 2016 and December 31, 2015 was $75.9 million and $48.4 million, respectively, and is included in accounts receivable in the accompanying consolidated (condensed) balance sheets. Trade accounts receivables sold to the Purchaser and being serviced by the Company totaled $90.7 million at June 30, 2016 and $100.9 million at December 31, 2015. Of this decrease, approximately $15.9 million was attributable to the balance being allocated from MTW from a combined securitization facility on a carve out basis at December 31, 2015 as compared to the specific deferred purchase price notes on a standalone basis at June 30, 2016 and is reflected in Net Transactions with MTW in the Cash Flows from Financing activities section of the consolidated (condensed) statement of cash flows. Transactions under the 2016 Securitization Facility and the Prior Securitization Program were accounted for as sales in accordance with ASC Topic 860, “Transfers and Servicing.” Sales of trade receivables to the Purchaser are reflected as a reduction of accounts receivable in the accompanying consolidated (condensed) balance sheets and the proceeds received, including collections on the deferred purchase price notes, are included in cash flows from operating activities in the accompanying consolidated (condensed) statements of cash flows. The Company deems the interest rate risk related to the deferred purchase price notes to be de minimis, primarily due to the short average collection cycle of the related receivables (i.e., 60 days) as noted above.	11. Accounts Receivable Securitization Historically MFS sold accounts receivable through an accounts receivable securitization facility, (“The Securitization Program”), comprised of two funding entities: Manitowoc Funding, LLC (“U.S. Seller”) and Manitowoc Cayman Islands Funding Ltd. (“Cayman Seller”). The U.S. Seller historically serviced domestic entities of both the Foodservice and Crane segments of MTW and remitted all funds received directly to MTW. The Cayman Seller historically serviced solely MFS foreign entities and remitted all funds to MFS entities. The U.S. Seller entity remained with MTW subsequent to the Spin-Off, while the Cayman Seller was transferred to MFS subsequent to the Spin-Off. As the U.S. Seller is not directly attributable to MFS, only the receivables which were transferred to the U.S. Seller but not sold are reflected in MFS combined balance sheet. A portion of the U.S. Seller’s historical expenses related to bond administration fees and settlement fees are allocated to MFS. As the Cayman Seller is directly attributable to MFS, the assets, liabilities, income, and expenses of the Cayman Seller are included in MFS’ consolidated statement of earnings and balance sheet. On December 15, 2014, MTW executed a Fifth Amended and Restated Receivables Purchase Agreement (the “Receivables Purchase Agreement”) among the U.S. Seller and Cayman Seller, as sellers, MTW, Garland Commercial Ranges Limited (“Garland”), Convotherm Elektrogeräte GmbH (“Convotherm”), Manitowoc Deutschland GmbH (“MTW Deutschland”), Manitowoc Foodservice UK Limited (“Foodservice UK”), and the other persons from time to time party thereto, as servicers, and Wells Fargo Bank, N.A. (“Wells Fargo” or “Purchaser”), as purchaser and agent. Pursuant to this amendment, a German subsidiary (MTW Deutschland) and a United Kingdom subsidiary (Foodservice UK) were added as “originators” under the facility. Under the Receivables Purchase Agreement (and the related Purchase and Sale Agreements referenced in the Receivables Purchase Agreement), certain of MFS’ non-U.S. trade accounts receivable were sold to Cayman Seller which, in turn, were sold to Purchaser, all of the Cayman Seller’s right, title and interest in and to a pool of receivables to the Purchaser. The Purchaser received ownership of the pool of receivables, in each instance. New receivables are purchased by Cayman Seller and resold to the Purchaser as cash collections reduce previously sold investments. Garland, Convotherm, MTW Deutschland, and Foodservice UK acted as the servicers of the receivables and as such administered, collected and otherwise enforced the receivables. The servicers were compensated for doing so on terms generally consistent with what would be charged by an unrelated servicer. As servicers, they initially received payments made by obligors on the receivables but were required to remit those payments to the Purchaser in accordance with the Receivables Purchase Agreement. The Purchaser has no recourse for uncollectible receivables. MTW finalized changes to its accounts receivable securitization program. Among other actions, MTW entered into an amendment to the Receivables Purchase Agreement, the results of which were that (i) Manitowoc Foodservice Asia Pacific Private Limited (“Foodservice Asia”) was added as an originator and as a servicer under the facility; and (ii) MFS’ domestic originators were effectively released from their obligations under the related purchase and sale agreement and will now sell their accounts receivable to the Cayman Seller (prior to these changes, these receivables were sold to the U.S. Seller). The maximum commitment size of the securitization facility did not change and, therefore, remains at $185.0 million. MFS’ cost of funds under the facility continues to use a LIBOR index rate plus a 1.25% fixed spread. Under the Receivables Purchase Agreement (and the related Purchase and Sale Agreements referenced in the Receivables Purchase Agreement), certain of MFS’ non-U.S. trade accounts receivable are sold to Cayman Seller which, in turn, will sell, convey, transfer and assign to Purchaser, all of the Cayman Seller’s right, title and interest in and to a pool of receivables to the Purchaser. Due to a short average collection cycle of less than 60 days for such accounts receivable as well as MFS’ collection history, the fair value of MFS’ deferred purchase price notes approximated book value. The fair value of the deferred purchase price notes recorded at December 31, 2015 and 2014 was $48.4 million and $33.1 million, respectively, and is included in accounts receivable in the accompanying combined balance sheets. Trade accounts receivables sold to the Purchaser and being serviced by the Company totaled $100.9 million at December 31, 2015 and $21.1 million at December 31, 2014. Transactions under the Securitization Program were accounted for as sales in accordance with ASC Topic 860, “Transfers and Servicing.” Sales of trade receivables to the Purchaser are reflected as a reduction of accounts receivable in the accompanying combined balance sheets and the proceeds received, including collections on the deferred purchase price notes, are included in cash flows from operating activities in the accompanying combined statements of cash flows. MFS deems the interest rate risk related to the deferred purchase price notes to be de minimis, primarily due to the short average collection cycle of the related receivables (i.e., 60 days) as noted above.

Income Taxes

Income Taxes	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Income Taxes	10. Income Taxes For the three months ended June 30, 2016, the Company recorded a $4.1 million income tax provision, compared to a $17.0 million income tax provision for the three months ended June 30, 2015. The decrease in the Company’s tax provision for the three months ended June 30, 2016, relative to the three months ended June 30, 2015, resulted primarily from a $34.7 million reduction in earnings from operations before income taxes and the relative weighting of foreign earnings before income taxes in the respective periods. For the six months ended June 30, 2016, the Company recorded an $8.7 million income tax provision, compared to a $23.5 million income tax provision for the six months ended June 30, 2015. The decrease in the Company’s tax provision for the six months ended June 30, 2016, relative to the prior year resulted primarily from $2.9 million in tax-related out-of-period balance sheet adjustments related to the Spin-Off that were recognized as discrete adjustments in the income tax provision for the first quarter of 2016. The Company does not believe these adjustments are material to its unaudited consolidated (condensed) financial statements for the six months ended June 30, 2016, or its comparative annual or quarterly financial statements. These adjustments were coupled with a $32.5 million reduction in earnings from operations before income taxes for the six month period ended June 30, 2016 compared to the first six months of 2015. The Company’s effective tax rate varies from the 35% U.S. federal statutory rate due to the relative weighting of foreign earnings before income taxes and foreign effective tax rates that are generally lower than the U.S. federal statutory rate. Foreign earnings are generated from operations in the three reportable segments of Americas, EMEA, and APAC. The Company will continue to periodically evaluate its valuation allowance requirements in light of changing facts and circumstances, and may adjust its deferred tax asset valuation allowances accordingly. It is reasonably possible that the Company will either add to, or reverse a portion of its existing deferred tax asset valuation allowances in the future. Such changes in the deferred tax asset valuation allowances will be reflected in the current operations through the Company’s income tax provision, and could have a material effect on operating results. The Company’s unrecognized tax benefits, including interest and penalties, were $12.1 million and $16.6 million as of June 30, 2016 and December 31, 2015, respectively. The decrease for the six months ended June 30, 2016 related to the portion of the unrecognized tax benefits allocable to the Company that were included in equity and a second quarter reduction in unrecognized tax benefits of $0.4 million. During the next twelve months, it is reasonably possible that unrecognized tax benefits will decrease by $1.2 million due to expiration of statute of limitation periods for the related items. The Company regularly assesses the likelihood of an adverse outcome resulting from examinations to determine the adequacy of its tax reserves. As of June 30, 2016, the Company believes that it is more likely than not that the tax positions it has taken will be sustained upon the resolution of its audits resulting in no material impact on its consolidated financial position and the results of operations and cash flows. However, the final determination with respect to any tax audits, and any related litigation, could be materially different from the Company’s estimates and/or from its historical income tax provisions and accruals and could have a material effect on operating results and/or cash flows in the periods for which that determination is made. In addition, future period earnings may be adversely impacted by litigation costs, settlements, penalties, and/or interest assessments.	12. Income Taxes In the combined financial statements, income tax expense and deferred tax balances have been calculated on a separate return basis although the MFS operations have historically been included in the tax returns filed by the respective MTW entities. With the exception of certain separate filing Foodservice entities that will transfer to MFS after the Spin-Off, current income tax liabilities were deemed to settle immediately with MTW tax paying entities in the respective jurisdictions. These settlements were reflected as changes in the net parent company investment account. In the future, as a standalone entity, MFS will file tax returns on its own behalf and its deferred taxes and effective tax rate may differ from those in historical periods. Earnings from continuing operations are summarized below: (in millions) 2015 2014 2013 Earnings from continuing operations before income taxes: Domestic $ 121.2 $ 123.3 $ 157.2 Foreign 75.1 63.9 47.4 Total $ 196.3 $ 187.2 $ 204.6 Provision for income taxes from continuing operations is summarized below: (in millions) 2015 2014 2013 Current: Federal and state $ 51.1 $ 28.3 $ 51.9 Foreign 18.2 15.1 13.0 Total current $ 69.3 $ 43.4 $ 64.9 Deferred: Federal and state $ (27.9 ) $ (12.0 ) $ (9.0 ) Foreign (2.1 ) (5.5 ) (0.6 ) Total deferred $ (30.0 ) $ (17.5 ) $ (9.6 ) Provision for taxes on earnings $ 39.3 $ 25.9 $ 55.3 The differences between the U.S. federal statutory income tax rate and MFS’ effective tax rate were as follows: 2015 2014 2013 Federal income tax at statutory rate 35.0 % 35.0 % 35.0 % State income provision 1.4 1.4 1.9 Manufacturing and research incentives (1.7 ) (1.7 ) (2.9 ) Taxes on foreign income which differ from the U.S. statutory rate (3.9 ) (2.4 ) (3.2 ) Adjustments for unrecognized tax benefits 0.1 4.3 (3.5 ) Adjustments for valuation allowances (13.8 ) 21.5 (0.3 ) Capital loss generation — (41.4 ) — Business acquisitions & divestitures 4.1 — — Other items (1.1 ) (2.9 ) — Effective tax rate 20.1 % 13.8 % 27.0 % The 2015, 2014 and 2013 effective tax rates were favorably impacted by income earned in jurisdictions where the statutory rate was less than 35%. The 2015 tax provision benefited by $17.8 million related to the divestiture of Kysor Panel Systems business resulting in a favorable impact to the effective tax rate. The benefit was primarily due to the write-off of $13.8 million of an unamortized deferred tax liability that was recorded in purchase accounting and as a result of the utilization of a capital loss carryforward to offset the tax gain. In the third quarter of 2014, MFS made an election with the IRS to treat Enodis Holdings, Ltd, MFS’ UK Holding Company, as a partnership for U.S. income tax purposes. As a result of this status change, MFS realized a $25.6 million capital loss tax benefit. This transaction resulted in an effective tax rate benefit of 13.7% unique to 2014. The 2013 effective tax rate benefited from the release of uncertain tax position reserves related to favorable audit settlements. The significant components of deferred tax assets and deferred tax liabilities were as follows: (in millions) 2015 2014 Current deferred tax assets (liabilities): Inventories $ — $ 5.1 Accounts receivable — 1.2 Product warranty reserves — 10.9 Product liability reserves — 0.8 Deferred revenue, current portion — (0.2 ) Deferred employee benefits — 4.7 Other reserves and allowances — 5.4 Less valuation allowance — (8.3 ) Net deferred tax assets, current (1) $ — $ 19.6 Non-current deferred tax assets (liabilities): Inventories $ 7.6 $ — Accounts receivable 1.2 — Property, plant and equipment (2.8 ) (8.3 ) Intangible assets (218.9 ) (242.4 ) Deferred employee benefits 15.7 12.7 Product warranty reserves 14.4 3.9 Product liability reserves 1.0 — Loss carryforwards 84.9 119.1 Deferred revenue 1.1 1.5 Other 16.9 9.7 Total non-current deferred tax liabilities (78.9 ) (103.8 ) Less valuation allowance (80.1 ) (104.9 ) Net deferred tax liabilities, non-current $ (159.0 ) $ (208.7 ) (1) - In 2015, MFS early adopted ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes” which eliminated the requirement to present deferred tax liabilities and assets as current and non-current on the balance sheet. Prior periods were not retrospectively adjusted. Current and long-term tax assets and liabilities included in the combined balance sheets were as follows: (in millions) 2015 2014 Current income tax asset $ — $ 23.7 Long-term income tax assets, included in other non-current assets 8.9 9.3 Current deferred income tax liability, included in accounts payable and accrued expenses — (4.1 ) Long-term deferred income tax liability (167.9 ) (218.0 ) Net deferred income tax liability $ (159.0 ) $ (189.1 ) MFS has not provided for additional U.S. income taxes on approximately $79.5 million of undistributed earnings of combined non-U.S. subsidiaries as of December 31, 2015 because the Company intends to reinvest such earnings indefinitely outside of the United States. Such earnings could become taxable upon sale or liquidation of these non-U.S. subsidiaries or upon dividend repatriation of cash balances. It is not practicable to estimate the amount of the unrecognized tax liability on such earnings As of December 31, 2015, MFS has approximately $340.7 million of foreign loss carryforwards, which are available to reduce future foreign tax liabilities. Substantially all of the foreign loss carryforwards are not subject to any time restrictions on their future use, and $328.0 million are offset by a valuation allowance. MFS also has approximately $63.3 million of U.S. capital loss carryforwards which expire in 2019 and are offset by a valuation allowance. MFS continues to record valuation allowances on the deferred tax assets in the United Kingdom, as it remains more likely than not that they will not be utilized. MFS will continue to periodically evaluate its valuation allowance requirements in light of changing facts and circumstances, and may adjust its deferred tax asset valuation allowances accordingly. It is reasonably possible that MFS will either add to, or reverse a portion of its existing deferred tax asset valuation allowances in the future. Such changes in the deferred tax asset valuation allowances will be reflected in the current operations through MFS’ income tax provision, and could have a material effect on operating results. A reconciliation of MFS’ unrecognized tax benefits is as follows: (in millions) 2015 2014 2013 Balance at beginning of year $ 16.6 $ 7.8 $ 17.1 Additions based on tax positions related to the current year 0.2 14.1 1.0 Additions for tax positions of prior years — — 0.1 Reductions based on settlements with taxing authorities — (2.8 ) (8.0 ) Reductions for lapse of statute (0.2 ) (2.5 ) (2.4 ) Balance at end of year $ 16.6 $ 16.6 $ 7.8 Substantially all of MFS’ unrecognized tax benefits as of December 31, 2015, 2014 and 2013, if recognized, would affect the effective tax rate. MFS recognizes interest and penalties related to tax liabilities as a part of income tax expense. As of December 31, 2015 and 2014, MFS has accrued interest and penalties of $0.9 million and $0.8 million, respectively. MTW concluded an examination of its 2007 through 2009 U.S. tax returns during the third quarter of 2014 as well as an examination its 2010 and 2011 U.S. tax returns in the fourth quarter of 2014. The adjustments did not have a material impact on the financial statements. MTW is under examination by the Internal Revenue Service for calendar year 2014. There have been no significant developments with respect to the Company’s ongoing tax audits in other jurisdictions. MTW has filed tax returns on behalf of MFS in the U.S. and various state and foreign jurisdictions through tax year 2015. The 2012 through 2015 tax years remain subject to examination by the IRS. The 2011 though 2015 tax years generally remain subject to examination by state authorities, and tax years 2011 through 2015 remain subject to examination in Germany. Tax years 2007 through 2015 remain subject to audit in China. MFS regularly assesses the likelihood of an adverse outcome resulting from examinations to determine the adequacy of its tax reserves. As of December 31, 2015, MFS believes that it is more likely than not that the tax positions it has taken will be sustained upon the resolution of its audits resulting in no material impact on its combined financial position and the results of operations and cash flows. However, the final determination with respect to any tax audits, and any related litigation, could be materially different from the Company’s estimates and/or from its historical income tax provisions and accruals and could have a material effect on operating results and/or cash flows in the periods for which that determination is made. In addition, future period earnings may be adversely impacted by litigation costs, settlements, penalties, and/or interest assessments. During the next twelve months, it is reasonably possible that federal, state and foreign tax audit resolutions could reduce unrecognized tax benefits and income tax expense by up to $0.7 million, either because MFS’ tax positions are sustained on audit or settled, or the applicable statute of limitations closes.

Other Operating and Non-Operati

Other Operating and Non-Operating Expenses	12 Months Ended
	Dec. 31, 2015
Other Income and Expenses [Abstract]
Other Operating and Non-Operating Expenses	13. Other Operating and Non-Operating Expenses The components of the line item ‘Other operating expense’ in the Combined Statements of Operations for the years ended December 31, 2015, 2014, and 2013, are summarized as follows: (in millions) 2015 2014 2013 Amortization expense $ 31.4 $ 31.8 $ 31.4 Asset impairments 9.0 1.1 — Restructuring expense 4.6 2.6 2.9 Separation expense 4.3 — — Other expense (income) 0.9 0.4 (0.8 ) Total other operating expense $ 50.2 $ 35.9 $ 33.5 The components of the line item ‘Other income (expense) - net’ in the Combined Statements of Operations for the years ended December 31, 2015, 2014, and 2013, are summarized as follows: (in millions) 2015 2014 2013 Gain on sale of Kysor Panel Systems $ 9.9 $ — $ — Gain on sale of investment property 5.4 — — Gain on acquisition of Thailand joint venture 4.9 — — Other (1) 1.8 (0.6 ) 0.7 Other income (expense) - net $ 22.0 $ (0.6 ) $ 0.7 (1) Other consists primarily of foreign currency gains and losses. The sale of Kysor Panel Systems is discussed further in Note 4, “Discontinued Operations and Divestitures.” The acquisition of the Thailand joint venture is discussed further in Note 3, “Acquisitions.”

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income ("AOCI")	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Accumulated Other Comprehensive Income ("AOCI")	14. Accumulated Other Comprehensive Income (“AOCI”) The components of accumulated other comprehensive income (loss) as of December 31, 2015 and December 31, 2014 are as follows: (in millions) 2015 2014 Foreign currency translation $ (7.9 ) $ 17.3 Derivative instrument fair market value, net of income taxes of $0.9 and $0.4 (1.8 ) (1.0 ) Employee pension and postretirement benefit adjustments, net of income taxes of $0.3 and $0.8 (34.8 ) (37.0 ) $ (44.5 ) $ (20.7 ) Summaries of the changes in accumulated other comprehensive income (loss), net of tax, by component for the years ended December 31, 2014, and December 31, 2015 are as follows: (in millions) Foreign Gains and Pension & Total Balance at December 31, 2013 $ 34.2 $ (0.4 ) $ (32.6 ) $ 1.2 Other comprehensive loss before reclassifications (16.9 ) (1.4 ) (4.8 ) (23.1 ) Amounts reclassified from accumulated other comprehensive income — 0.8 0.4 1.2 Net current period other comprehensive loss (16.9 ) (0.6 ) (4.4 ) (21.9 ) Balance at December 31, 2014 $ 17.3 $ (1.0 ) $ (37.0 ) $ (20.7 ) Other comprehensive (loss) income before reclassifications (25.2 ) (3.8 ) 1.1 (27.9 ) Amounts reclassified from accumulated other comprehensive income — 3.0 1.1 4.1 Net current period other comprehensive (loss) income (25.2 ) (0.8 ) 2.2 (23.8 ) Balance at December 31, 2015 $ (7.9 ) $ (1.8 ) $ (34.8 ) $ (44.5 ) A reconciliation of the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2015 is as follows: (in millions) Amount Reclassified from Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (1.4 ) Cost of sales Commodity contracts (3.4 ) Cost of sales (4.8 ) Total before tax 1.8 Tax expense $ (3.0 ) Net of tax Amortization of pension and postretirement items Amortization of prior service cost — (a) Actuarial losses (1.1 )(a) (1.1 ) Total before tax — Tax benefit $ (1.1 ) Net of Tax Total reclassifications for the period $ (4.1 ) Net of Tax (a) These other comprehensive income components are included in the net periodic pension cost (see Note 19, “Employee Benefit Plans,” for further details). A reconciliation of the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2014 is as follows: (in millions) Amount Reclassified from Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (0.9 ) Cost of sales Commodity contracts (0.3 ) Cost of sales (1.2 ) Total before tax 0.4 Tax expense $ (0.8 ) Net of tax Amortization of pension and postretirement items Amortization of prior service cost 0.3 (a) Actuarial losses (0.8 )(a) (0.5 ) Total before tax 0.1 Tax benefit $ (0.4 ) Net of Tax Total reclassifications for the period $ (1.2 ) Net of Tax (a) These other comprehensive income components are included in the net periodic pension cost (see Note 19, “Employee Benefit Plans,” for further details).

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	12. Stock-Based Compensation The Company’s employees have historically participated in MTW’s stock-based compensation plans. Stock-based compensation expense has been allocated to the Company based on the awards and terms previously granted to its employees. Until consummation of the Spin-Off, the Company continued to participate in MTW’s stock-based compensation plans and record stock-based compensation expense based on the stock-based awards granted to the Company’s employees. The Company adopted the MFS 2016 Omnibus Incentive Compensation Plan (the “2016 Plan”), under which it makes equity-based and cash-based incentive awards to attract, retain, focus and motivate executives and other selected employees, directors, consultants and advisors. The 2016 Plan is intended to accomplish these objectives by offering participants the opportunity to acquire shares of MFS common stock, receive monetary payments based on the value of such common stock or receive other incentive compensation under the 2016 Plan. In addition, the 2016 Plan permits the issuance of awards (“Replacement Awards”) in partial substitution for awards relating to shares of common stock of MTW that were outstanding immediately prior to the Spin-Off. The Company’s Compensation Committee administers the 2016 Plan (the “Administrator”). The 2016 Plan authorizes the Administrator to interpret the provisions of the 2016 Plan; prescribe, amend and rescind rules and regulations relating to the 2016 Plan; correct any defect, supply any omission, or reconcile any inconsistency in the 2016 Plan, any award or any agreement covering an award; and make all other determinations necessary or advisable for the administration of the 2016 Plan, in each case in its sole discretion. The 2016 Plan permits the granting of stock options (including incentive stock options), stock appreciation rights, restricted stock awards, restricted stock units, performance shares, performance units, annual cash incentives, long-term cash incentives, dividend equivalent units and other types of stock-based awards. Under the 2016 Plan 16.2 million shares of MFS common stock have been reserved for issuance, all of which may be issued upon the exercise of incentive stock options. These numbers may be adjusted in the event of certain corporate transactions or other events specified in the 2016 Plan. Following the Spin-Off in March 2016, MFS granted long-term stock-based incentive awards under the 2016 Plan to its executive officers. The long-term stock-based incentive awards consisted of stock options with 4-year ratable vesting (25% of the aggregate grant value of the long-term incentive award) and performance shares (75% of the aggregate grant value of the long-term incentive award) that will be earned or forfeited based on performance as measured by cumulative fully diluted earnings per share and return on invested capital over a 3-year performance period. The details of these awards to the Company’s named executive officers will be disclosed as required by applicable SEC regulations in the Company’s proxy statement for its annual meeting in 2017. Total stock-based compensation expense was $1.8 million and $0.6 million for the three months ended June 30, 2016 and 2015, respectively. The three months ended June 30, 2016 also included $0.3 million of additional separation expense recorded as a result of the modification of certain MTW restricted stock unit awards to pay out at target upon consummation of the Spin-Off. Total stock-based compensation expense was $2.6 million and $1.6 million for the six months ended June 30, 2016 and 2015, respectively. The six months ended June 30, 2016 also included $0.8 million of additional separation expense recorded as a result of the modification of certain MTW restricted stock unit awards to pay out at target upon consummation of the Spin-Off. The Company recognizes stock-based compensation expense over the stock-based awards’ vesting period. The Company granted options to acquire 0.3 million and 0.1 million shares of common stock to employees during the six months ended June 30, 2016 and 2015, respectively. In addition, the Company issued a total of 0.3 million restricted stock units to employees and directors during the six months ended June 30, 2016, and 0.2 million restricted stock units to employees and directors during the six months ended June 30, 2015. The restricted stock units granted to employees in 2015 and 2016 vest on the third anniversary of the grant date. The restricted stock units granted to directors in 2015 vest on the second anniversary of the grant date.	15. Stock-Based Compensation During the periods presented certain employees of MFS participated in stock-based compensation plans sponsored by MTW. Under these stock-based compensation plans, MTW provided awards to employees of MFS with restricted common stock, restricted stock units, and stock options to purchase shares of Manitowoc. Because MFS employees provide services in consideration for their participation in MFS’ plans, the stock-based compensation expense for the awards granted to MFS employees has been reflected in the combined financial statements. See Note 23, “Net Parent Company Investment and Related Party Transactions” for further information on corporate allocations. MFS recognizes expense for all stock-based compensation on a straight-line basis over the vesting period of the entire award. Total stock-based compensation expense before tax was $2.3 million, $2.4 million and $3.5 million during 2015, 2014, and 2013, respectively. In 2015, the company also recognized $0.5 million of expense before tax related to restricted stock retention awards. Stock Options Any option granted to directors of MTW were exercisable immediately upon granting and expire ten years subsequent to the grant date. For all outstanding grants made to officers and employees prior to 2011, options become exercisable in 25% increments annually over a four-year period beginning on the second anniversary of the grant date and expire ten years subsequent to the grant date. Starting with 2011 grants to officers and directors, such options become exercisable in 25% increments annually over a four-year period beginning on the first anniversary of the grant date and expire ten years subsequent to the grant date. MTW granted options to MFS employees to acquire 0.4 million, 0.1 million and 0.1 million shares of common stock during 2015, 2014, and 2013, respectively. Stock-based compensation expense is calculated by estimating the fair value of incentive and non-qualified stock options at the time of grant and is amortized over the stock options’ vesting period. MFS recognized $0.6 million ($0.4 million after taxes), $0.9 million ($0.5 million after taxes) and $1.7 million ($1.0 million after taxes) of compensation expense associated with stock options during 2015, 2014, and 2013, respectively. A summary of MFS’ stock option activity is as follows (in millions, except weighted average exercise price per share): Shares Weighted Average Exercise Price Aggregate Intrinsic Value Options outstanding as of January 1, 2015 0.7 $ 15.90 Additional options transferred and outstanding as of January 1, 2015 0.5 16.31 Total options outstanding as of January 1, 2015 1.2 16.31 Granted 0.4 19.59 Exercised (0.2 ) 9.08 Cancelled — 22.26 Options outstanding as of December 31, 2015 1.4 $ 17.70 $ 3.2 Options exercisable as of: December 31, 2015 1.0 $ 16.91 $ 3.2 The outstanding stock options at December 31, 2015 have a range of exercise prices from $4.41 to $43.33 per share. The following table shows the options outstanding and exercisable by range of exercise prices at December 31, 2015 (in millions, except range of exercise price per share, weighted average remaining contractual life and weighted average exercise price): Range of Exercise Price per Share Outstanding Options Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Exercisable Options Weighted Average Exercise $ 4.41 - $11.34 0.2 2.9 $ 4.41 0.2 $ 4.41 $11.35 - $18.13 0.4 5.4 13.79 0.3 12.72 $18.14 - $26.09 0.4 5.2 20.13 0.3 19.70 $26.10 - $29.06 0.1 0.3 26.10 — 26.10 $29.07 - $38.86 0.2 3.7 29.27 0.1 29.34 $38.87 - $43.33 0.1 1.9 39.27 0.1 39.27 1.4 4.3 $ 17.70 1.0 $ 16.91 MFS uses the Black-Scholes valuation model to value stock options. MFS used historical stock prices for MTW shares of common stock as the basis for its volatility assumption. The assumed risk-free rates were based on ten-year U.S. Treasury rates in effect at the time of grant. The expected option life represents the period of time that the options granted are expected to be outstanding and is based on historical experience. As of December 31, 2015, MFS has $1.4 million of unrecognized compensation expense before tax related to stock options, which will be recognized over a weighted average period of 3.3 years. The weighted average fair value of options granted per share during the years ended December 31, 2015, 2014, and 2013 was $9.71, $14.83, and $9.00, respectively. The fair value of each option grant was estimated at the date of grant using the Black-Scholes option-pricing method with the following assumptions: 2015 2014 2013 Expected Life (years) 6.0 6.0 6.0 Risk-free Interest rate 1.8 % 1.9 % 1.1 % Expected volatility 56.0 % 55.0 % 56.0 % Expected dividend yield 0.3 % 0.4 % 0.6 % For the years ended December 31, 2015, 2014, and 2013 the total intrinsic value of stock options exercised was $1.8 million, $8.0 million, and $1.5 million, respectively. Restricted Stock Units MTW granted restricted performance stock units of 0.2 million, 0.1 million and 0.1 million in 2015, 2014, and 2013, respectively. The restricted stock units are earned either based on service over the vesting period, or based on service over the vesting period on the extent to which performance goals are met over the applicable performance period (“performance shares”). The performance goals and the applicable performance period vary for each grant year. MFS recognized $1.7 million ($1.1 million after taxes), $0.9 million ($0.6 million after taxes) and $1.0 million ($0.6 million after taxes) of compensation expense associated with restricted stock units during 2015, 2014 and 2013, respectively. The restricted stock units granted to employees in 2015 generally vest on the third anniversary of the grant date, assuming continued employment. The restricted stock units granted to directors in 2015 generally vest on the second anniversary of the grant date, assuming continued service. Performance shares were not granted in 2015 due to anticipated separation. The restricted stock units granted to employees in 2014 vest on the third anniversary of the grant date. The restricted stock units granted to directors in 2014 vest on the second anniversary of the grant date. The performance shares granted in 2014 are earned based on the extent to which performance goals are met by MFS over a three-year period from January 1, 2014 to December 31, 2016. The performance goals for the performance shares granted in 2014 are based fifty percent (50%) on total shareholder return relative to a peer group of companies over the three-year period and fifty percent (50%) on EVA ® ® The performance shares granted in 2013 were earned based on the extent to which performance goals are met by MFS over a three-year period from January 1, 2013 to December 31, 2015. The performance goals for the performance shares granted in 2013 were based fifty percent (50%) on total shareholder return relative to a peer group of companies over the three-year period and fifty percent (50%) on debt reduction over the three-year period. These awards were earned at 78.6% of target, which resulted in a payout of 0.1 million shares in 2016. For these awards, the expense was based on the fair value of the company’s shares as of the grant date for the debt reduction criteria and a Monte Carlo model for the total shareholder return criteria. A summary of activity for restricted stock units for the year ended December 31, 2015 is as follows (in millions except weighted average grant date fair value): Shares Weighted Unvested as of January 1, 2015 0.2 $ 30.72 Granted 0.2 21.67 Vested (0.1 ) 24.82 Cancelled (0.1 ) 24.11 Unvested as of December 31, 2015 0.2 $ 24.50 As of December 31, 2015, MFS had $1.7 million of unrecognized compensation expense before tax related to restricted performance stock units which will be recognized over a weighted average period of 1.8 years.

Contingencies and Significant E

Contingencies and Significant Estimates	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Significant Estimates	13. Contingencies and Significant Estimates As of June 30, 2016, the Company held reserves for environmental matters related to certain locations of approximately $0.3 million. At certain of the Company’s other facilities, it has identified potential contaminants in soil and groundwater. The ultimate cost of any remediation required will depend upon the results of future investigation. Based upon available information, the Company does not expect the ultimate costs at any of these locations will have a material adverse effect on its financial condition, results of operations, or cash flows individually or in the aggregate. The Company believes that it has obtained and is in substantial compliance with those material environmental permits and approvals necessary to conduct its various businesses. Based on the facts presently known, it does not expect environmental compliance costs to have a material adverse effect on its financial condition, results of operations, or cash flows. As of June 30, 2016, various product-related lawsuits were pending. To the extent permitted under applicable law, all of these are insured with self-insurance retention levels. The Company’s self-insurance retention levels vary by business, and have fluctuated over the last 10 years. The range of the Company’s self-insured retention levels is $0.1 million to $0.3 million per occurrence. As of June 30, 2016, the largest self-insured retention level for new occurrences currently maintained by the Company was $0.3 million per occurrence and applied to product liability claims for the hot category products manufactured in the United States. Product liability reserves in the consolidated (condensed) balance sheets at June 30, 2016 and December 31, 2015 were $3.1 million and $2.6 million, respectively; $1.2 million and $0.9 million, respectively, was reserved specifically for actual cases, and $1.9 million and $1.7 million, respectively, for claims incurred but not reported, which were estimated using actuarial methods. Based on the Company’s experience in defending product liability claims, management believes the current reserves are adequate for estimated case resolutions on aggregate self-insured claims and insured claims. Any recoveries from insurance carriers are dependent upon the legal sufficiency of claims and solvency of insurance carriers. At June 30, 2016 and December 31, 2015, the Company had reserved $31.1 million and $34.3 million, respectively, for warranty claims included in product warranties and other non-current liabilities in the consolidated (condensed) balance sheets. Certain of these warranty and other related claims involve matters in dispute that ultimately are resolved by negotiations, arbitration, or litigation. See Note 14, “Product Warranties,” for further information. It is reasonably possible that the estimates for environmental remediation, product liability and warranty costs may change in the near future based upon new information that may arise or matters that are beyond the scope of its historical experience. Presently, there are no reliable methods to estimate the amount of any such potential changes. The Company is also involved in various legal actions arising out of the normal course of business, which, taking into account the liabilities accrued and legal counsel’s evaluation of such actions, in the opinion of management, the ultimate resolution of all matters is not expected to have a material adverse effect on the Company’s financial condition, results of operations, or cash flows.	16. Contingencies and Significant Estimates As of December 31, 2015, MFS held reserves for environmental matters related to Enodis locations of approximately $0.4 million. At certain of MFS’ other facilities, we have identified potential contaminants in soil and groundwater. The ultimate cost of any remediation required will depend upon the results of future investigation. Based upon available information, we do not expect the ultimate costs at any of these locations will have a material adverse effect on its financial condition, results of operations, or cash flows individually or in the aggregate. MFS believes that it has obtained and is in substantial compliance with those material environmental permits and approvals necessary to conduct its various businesses. Based on the facts presently known, we do not expect environmental compliance costs to have a material adverse effect on its financial condition, results of operations, or cash flows. As of December 31, 2015, various product-related lawsuits were pending. To the extent permitted under applicable law, all of these are insured with self-insurance retention levels. MFS’ self-insurance retention levels vary by business, and have fluctuated over the last ten years. The range of our self-insured retention levels is $0.1 million to $0.25 million per occurrence. As of December 31, 2015, the largest self-insured retention level for new occurrences currently maintained by us is $0.25 million per occurrence and applies to product liability claims for the hot category products manufactured in the United States. Product liability reserves in the combined balance sheets at December 31, 2015 and December 31, 2014 were $2.6 million and $2.2 million, respectively; $0.9 million and $0.2 million, respectively, was reserved specifically for actual cases, and $1.7 million and $2.0 million, respectively, for claims incurred but not reported, which were estimated using actuarial methods. Based on our experience in defending product liability claims, management believes the current reserves are adequate for estimated case resolutions on aggregate self-insured claims and insured claims. Any recoveries from insurance carriers are dependent upon the legal sufficiency of claims and solvency of insurance carriers. At December 31, 2015 and December 31, 2014, MFS had reserved $40.0 million and $42.0 million, respectively, for warranty claims included in product warranties and other non-current liabilities in the combined balance sheets. Certain of these warranty and other related claims involve matters in dispute that ultimately are resolved by negotiations, arbitration, or litigation. See Note 17, “Guarantees,” for further information. It is reasonably possible that the estimates for environmental remediation, product liability and warranty costs may change in the near future based upon new information that may arise or matters that are beyond the scope of our historical experience. Presently, there are no reliable methods to estimate the amount of any such potential changes. MFS is also involved in various legal actions arising out of the normal course of business, which, taking into account the liabilities accrued and legal counsel’s evaluation of such actions, in the opinion of management, the ultimate resolution of all matters is not expected to have a material adverse effect on MFS’ financial condition, results of operations, or cash flows.

Guarantees

Guarantees	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Guarantees [Abstract]
Guarantees	14. Product Warranties In the normal course of business, the Company provides its customers product warranties covering workmanship, and in some cases materials, on products manufactured by the Company. Such product warranties generally provide that products will be free from defects for periods ranging from 12 months to 60 months with certain equipment having longer-term warranties. If a product fails to comply with the Company’s warranty, the Company may be obligated, at its expense, to correct any defect by repairing or replacing such defective products. The Company provides for an estimate of costs that may be incurred under its warranty at the time product revenue is recognized. These costs primarily include labor and materials, as necessary, associated with repair or replacement. The primary factors that affect its warranty liability include the number of units shipped and historical and anticipated warranty claims. As these factors are impacted by actual experience and future expectations, the Company assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary. Below is a table summarizing the product warranties activity for the six months ended June 30, 2016 and for the twelve months ended December 31, 2015: (in millions) June 30, December 31, Balance at the beginning of the period $ 40.0 $ 42.0 Accruals for warranties issued 12.3 24.2 Settlements made (in cash or in kind) (15.5 ) (25.2 ) Currency translation impact (0.2 ) (1.0 ) Balance at the end of the period $ 36.6 $ 40.0 The Company also offers extended warranties, which are recorded as deferred revenue and are amortized to income on a straight-line basis over a period equal to that of the warranty period. The deferred revenue on warranties included in other current and non-current liabilities at June 30, 2016 and December 31, 2015, was $5.5 million and $5.7 million, respectively. Removing deferred revenue from the ending balances detailed above, the total amount of product warranties at June 30, 2016 and December 31, 2015, was $31.1 million and $34.3 million, respectively.	17. Guarantees In the normal course of business, MFS provides its customers a warranty covering workmanship, and in some cases materials, on products manufactured by the Company. Such warranty generally provides that products will be free from defects for periods ranging from 12 months to 60 months with certain equipment having longer-term warranties. If a product fails to comply with MFS’ warranty, we may be obligated, at our expense, to correct any defect by repairing or replacing such defective products. MFS provides for an estimate of costs that may be incurred under its warranty at the time product revenue is recognized. These costs primarily include labor and materials, as necessary, associated with repair or replacement. The primary factors that affect our warranty liability include the number of units shipped and historical and anticipated warranty claims. As these factors are impacted by actual experience and future expectations, we assess the adequacy of our recorded warranty liability and adjust the amounts as necessary. Below is a table summarizing the warranty activity for the years ended December 31, 2015 and 2014: (in millions) 2015 2014 Balance at beginning of period $ 42.0 $ 38.3 Accruals for warranties issued during the period 24.2 27.9 Divestiture — (23.7 ) Settlements made (in cash or in kind) during the period (25.2 ) (0.5 ) Currency translation (1.0 ) — Balance at end of period $ 40.0 $ 42.0 MFS also offers extended warranties, which are recorded as deferred revenue and are amortized to income on a straight-line basis over a period equal to that of the warranty period. The deferred revenue on warranties included in other current and non-current liabilities at December 31, 2015 and December 31, 2014, was $5.7 million and $5.4 million, respectively.

Restructuring

Restructuring	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Restructuring	15. Restructuring In conjunction with the acquisition of Enodis in October 2008, certain restructuring activities were undertaken to recognize cost synergies and rationalize the new cost structure of the Company. The restructuring reserve balance as of June 30, 2016 and December 31, 2015, includes certain of these costs, including a pension withdrawal liability, which are recorded in accrued expenses and other liabilities and other long-term liabilities in the consolidated (condensed) balance sheets. The Company recorded additional amounts in 2016 primarily related to the pension withdrawal liability. The Company recorded additional amounts in 2015 primarily related to a company-wide reduction in force and the proposed closing of the Cleveland facility. The following is a rollforward of all restructuring activities for the six months ended June 30, 2016 (in millions): Restructuring Reserve Balance as of December 31, 2015 Restructuring Charges Use of Reserve Restructuring Reserve Balance as of June 30, 2016 $16.8 $ 1.6 $ (2.2 ) $ 16.2	18. Restructuring and Asset Impairments In conjunction with the acquisition of Enodis in October 2008, certain restructuring activities were undertaken to recognize cost synergies and rationalize the new cost structure of MFS. The restructuring reserve balance as of December 31, 2015 and December 31, 2014, includes certain of these costs, including a pension withdrawal liability. MFS recorded additional amounts in 2015 primarily related to a company-wide reduction in force and the proposed closing of the Cleveland facility. The following is a rollforward of all restructuring activities related to MFS for the year ended December 31, 2015 (in millions): Restructuring Reserve Balance as of December 31, 2014 Restructuring Charges Use of Reserve Restructuring Reserve Balance as of December 31, 2015 $ 15.6 $ 4.6 $ (3.4 ) $ 16.8 In conjunction with this restructuring plan, MFS recorded an impairment expense of $9.0 million related to our manufacturing plant in Cleveland that will be closed in 2016. Restructuring expense of $4.6 million and asset impairment expense of $9.0 million are presented on the Combined Statements of Operations within “Other operating (income) expense - net”.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	16. Employee Benefit Plans The Company maintains several different retirement plans for its operations in the United States, Europe and Asia. This footnote describes those retirement plans that are maintained for the Company’s US-based employees. The current plans are based largely upon benefit plans that MTW maintained prior to the Spin-Off. The Company has established a Retirement Plan Committee to manage the operations and administration of all retirement plans and related trusts. Defined Benefit Plans Prior to December 31, 2015, MTW maintained two defined benefit pension plans for its eligible employees and retirees: (1) The Manitowoc Company, Inc. Pension Plan (the “MTW Pension”); and (2) The Manitowoc Company, Inc. Supplemental Executive Retirement Plan (the “MTW SERP”). The MTW Pension Plan and the MTW SERP (together, the “MTW DB Plans”) covered eligible employees of MTW, including MTW’s Cranes business and foodservice business. The MTW Pension Plan is frozen to new participants and future benefit accruals. Effective January 1, 2016, a portion of each MTW DB Plan was spun off to create separate plans for MTW’s Foodservice business: (1) the Manitowoc Foodservice Pension Plan (the “MFS Pension Plan”); and (2) the Manitowoc Foodservice Supplemental Executive Retirement Plan (the “MFS SERP”). The MFS Pension Plan and the MFS SERP (together, the “MFS DB Plans”) were initially sponsored by Manitowoc FSG U.S. Holding, LLC. MFS assumed sponsorship of the MFS DB Pension Plans on March 4, 2016. MFS no longer participates in the MTW DB Plans. The MFS DB Plans are substantially similar to the former MTW DB Plans. When comparing the current financial information to financial statements for prior years, it is important to distinguish between: (1) the defined benefit plan that also covered employees of MTW and other MTW subsidiaries (the “Shared Plans”); and (2) the defined benefit plans which are sponsored directly by MFS or its subsidiaries and offered only to MFS employees or retirees (the “Direct Plans”). MFS accounted for the Shared Plans for the purpose of the consolidated (condensed) financial statements as a multiemployer plan. Accordingly, MFS did not record an asset or liability to recognize the funded status of the Shared Plans. However, the costs associated with these Shared Plans of $0.1 million and $0.8 million for the six months ended June 30, 2016 and 2015, respectively, are reflected on the MFS consolidated (condensed) statement of operations. This expense reflects an approximation of MFS’ portion of the costs of the Shared Plans as well as costs attributable to MTW corporate employees, which have been allocated to the MFS consolidated (condensed) statement of operations based on methodology deemed reasonable by management. During the six months ended June 30, 2016, MFS assumed certain pension obligations of $55.6 million and related plan assets of $34.1 million, and certain postretirement health obligations of $6.8 million, to newly-created single employer plans for MFS employees and certain other MTW-sponsored pension plans, as described above. This net transfer of approximately $28.3 million was treated as a non-cash transaction between the Company and MTW. The Company also assumed after-tax deferred gains of $6.1 million related to these plans, which were recorded in AOCI. The Direct Plans are accounted for as defined benefit plans. Accordingly, the funded and unfunded position of each Direct Plan is recorded in MFS consolidated (condensed) balance sheets and the income and expenses recorded in the consolidated (condensed) statements of operations. Actuarial gains and losses that have not yet been recognized through income are recorded in accumulated other comprehensive (loss) income net of taxes until they are amortized as a component of net periodic benefit cost. The determination of benefit obligations and the recognition of expenses related to the Direct Plans are dependent on various assumptions. The major assumptions primarily relate to discount rates, long-term expected rates of return on plan assets, and future compensation increases. Management develops each assumption using relevant company experience in conjunction with market-related data for each individual country in which such plans exist. The components of periodic benefit costs for the Direct Plans for the three and six months ended June 30, 2016 and 2015 are as follows: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (in millions) Pension Plans Postretirement Health and Other Plans Pension Plans Postretirement Health and Other Plans Service cost—benefits earned during the period $ 0.1 $ — $ 0.1 $ — Interest cost of projected benefit obligations 2.1 0.1 4.3 0.2 Expected return on plan assets (1.6 ) — (3.2 ) — Amortization of actuarial net loss 0.7 — 1.3 — Net periodic benefit costs $ 1.3 $ 0.1 $ 2.5 $ 0.2 Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 (in millions) Pension Plans Postretirement Health and Other Plans Pension Plans Postretirement Health and Other Plans Service cost—benefits earned during the period $ 0.1 $ — $ 0.2 $ — Interest cost of projected benefit obligations 1.6 0.1 3.2 0.1 Expected return on plan assets (1.4 ) — (2.7 ) — Amortization of actuarial net loss 0.3 — 0.6 — Net periodic benefit costs $ 0.6 $ 0.1 $ 1.3 $ 0.1 Defined Contribution Plans Prior to December 31, 2015, MTW maintained three defined contribution retirement plans for its eligible employees and retirees: (1) The Manitowoc Company, Inc. 401(k) Retirement Plan (the “MTW 401(k) Retirement Plan”); (2) The Manitowoc Company, Inc. Retirement Savings Plan (the “MTW Retirement Savings Plan”); and (3) The Manitowoc Company, Inc. Deferred Compensation Plan (the “MTW Deferred Compensation Plan”). The MTW 401(k) Retirement Plan, the MTW Retirement Savings Plan and the MTW Deferred Compensation Plan (together, the “MTW DC Plans”) covered eligible employees of MTW, including MTW’s Cranes business and Foodservice business. Effective January 1, 2016, a portion of each MTW DC Plan was spun off to create separate plans for MTW’s Foodservice business: (1) the Manitowoc Foodservice 401(k) Retirement Plan (the “MFS 401(k) Retirement Plan”); (2) the Manitowoc Foodservice Retirement Savings Plan (the “MFS Retirement Savings Plan”); and (3) the Manitowoc Foodservice Deferred Compensation Plan (the “MFS Deferred Compensation Plan”). The MFS 401(k) Retirement Plan, the MFS Retirement Savings Plan and the MFS Deferred Compensation Plan (together, the “MFS DC Plans”) were initially sponsored by Manitowoc FSG U.S. Holding, LLC. MFS assumed sponsorship of the MFS DC Pension Plans on March 4, 2016. MFS no longer participates in the MTW DC Plans. The MFS DC Plans are substantially similar to the former MTW DB Plans. The MTW DC Plans and the MFS DC Plans result in individual participant balances that reflect a combination of amounts contributed by MTW/MFS or deferred by the participant, amounts invested at the direction of either the company or the participant, and the continuing reinvestment of returns until the accounts are distributed.	19. Employee Benefit Plans Defined Contribution Plans MTW maintains three defined contribution retirement plans for its employees: (1) The Manitowoc Company, Inc. 401(k) Retirement Plan (the “MTW 401(k) Retirement Plan”); (2) The Manitowoc Company, Inc. Retirement Savings Plan (the “MTW Retirement Savings Plan”); and (3) The Manitowoc Company, Inc. Deferred Compensation Plan (the “MTW Deferred Compensation Plan”). Each plan results in individual participant balances that reflect a combination of amounts contributed by MTW or deferred by the participant, amounts invested at the direction of either the company or the participant, and the continuing reinvestment of returns until the accounts are distributed. MTW 401(k) Retirement Plan The MTW 401(k) Retirement Plan allows employees to make both pre- and post-tax elective deferrals, subject to certain limitations under the Internal Revenue Code of 1986, as amended (the “Tax Code”). MTW also has the right to make the following additional contributions: (1) a matching contribution based upon individual employee deferrals and (2) an additional contribution based on MTW’s performance metrics. Each participant in the MTW 401(k) Retirement Plan is allowed to direct the investment of that participant’s account among a diverse mix of investment funds, including a company stock alternative. To the extent that any funds are invested in MTW stock, that portion of the MTW 401(k) Retirement Plan is an employee stock ownership plan, as defined under the Tax Code (an “ESOP”). The terms governing the retirement benefits under the MTW 401(k) Retirement Plan are the same for MTW’s executive officers as they are for other eligible employees in the United States. As of March 4, 2016, MFS holds its own 401 (K) Retirement Plan and no longer participates in the MTW 401 (K) Retirement Plan. The composition of the MFS plan is substantially the same as the former MTW plan. MTW Retirement Savings Plan The MTW Retirement Savings Plan allows employees to make both pre- and post-tax elective deferrals, subject to certain limitations under the Tax Code. MTW also has the right to make the following additional contributions: (1) a matching contribution based upon individual employee deferrals; and (2) an additional discretionary or fixed company contribution. Each participant in the MTW Retirement Savings Plan is allowed to direct the investment of that participant’s account among a diverse mix of investment funds, including a company stock alternative. To the extent that any funds are invested in MTW stock, that portion of the MTW Retirement Savings Plan is an ESOP. MTW’s executive officers are not eligible to participate in the MTW Retirement Savings Plan. MTW contributions to the plans are based upon formulas contained in the plans. For both plans mentioned above, MFS’ portion of total costs incurred under these plans were $1.5 million, $3.7 million and $4.0 million for the years ended December 31, 2015, 2014 and 2013, respectively. As of March 4, 2016, MFS holds its own Retirement Savings Plan and no longer participates in the MTW Retirement Savings Plan. The composition of the MFS plan is substantially the same as the former MTW plan. MTW Deferred Compensation Plan The MTW Deferred Compensation Plan accounts are credited with: (1) elective deferrals made at the request of the individual participant; and/or (2) a discretionary company contribution for each individual participant. Although unfunded within the meaning of the Tax Code, the MTW Deferred Compensation Plan utilizes a rabbi trust to hold assets intended to satisfy MTW’s corresponding future benefit obligations. Each participant in the MTW Deferred Compensation Plan is credited with interest based upon individual elections from amongst a diverse mix of investment funds that are intended to reflect investment funds similar to those offered under the MTW 401(k) Retirement Plan, including company stock. Participants do not receive preferential or above-market rates of return under the MTW Deferred Compensation Plan. None of MTW’s deferred compensation plan assets or obligations have been reflected in the combined balance sheet of MFS, because MFS is not a party to the obligation between MTW and key management employees and directors. As of March 4, 2016, MFS holds its own Deferred Compensation Plan and no longer participates in the MTW Deferred Compensation Plan. The composition of the MFS plan is substantially the same as the former MTW plan. Defined Benefit Plans Shared Plans Certain U.S. employees of MFS participate in pension and other postretirement benefit plans (the “Shared Plans”) sponsored by MTW, which include participants of other MTW subsidiaries. MFS accounts for these Shared Plans for the purpose of the combined financial statements as a multiemployer plan. Accordingly, MFS does not record an asset or liability to recognize the funded status of the Shared Plans as MFS is not a party to the obligation between MTW and the participants of the multiemployer plan. However, the costs associated with these Shared Plans of $1.6 million, $1.0 million, and $0.8 million, for the years ended December 31, 2015, 2014, and 2013, respectively, are reflected on the MFS combined statement of operations. This expense reflects an approximation of MFS’ portion of the costs of the Shared Plans as well as costs attributable to MTW corporate employees, which have been allocated to the MFS combined statement of operations based on methodology deemed reasonable by management. As of March 4, 2016, MFS holds its own Defined Benefit Plan and no longer participates in the MTW Defined Benefit Plan. The composition of the MFS plan is substantially the same as the former MTW plan. Direct Plans Certain MFS subsidiaries sponsor their own pension and other postretirement benefit plans (the “Direct Plans”), which are accounted for as defined benefit plans. Accordingly, the funded and unfunded position of each Direct Plan is recorded in our combined balance sheets. Actuarial gains and losses that have not yet been recognized through income are recorded in accumulated other comprehensive income net of taxes until they are amortized as a component of net periodic benefit cost. The determination of benefit obligations and the recognition of expenses related to the Direct Plans are dependent on various assumptions. The major assumptions primarily relate to discount rates, long-term expected rates of return on plan assets, and future compensation increases. Management develops each assumption using relevant company experience in conjunction with market-related data for each individual country in which such plans exist. The components of period benefit costs for the Direct Plans for the years ended December 31, 2015, 2014 and 2013 are as follows: Pension Plans Postretirement Health and Other (in millions) 2015 2014 2013 2015 2014 2013 Service cost - benefits earned during the year $ 0.4 $ 0.5 $ 0.5 $ — $ — $ 0.1 Interest cost of projected benefit obligation 6.5 8.1 6.8 0.1 0.2 0.2 Expected return on assets (5.4 ) (7.1 ) (5.5 ) — — — Amortization of prior service cost — — — — (0.3 ) (0.1 ) Amortization of actuarial net loss (gain) 1.2 0.9 1.3 (0.1 ) (0.1 ) — Curtailment gain recognized — — — — — (0.8 ) Net periodic benefit cost $ 2.7 $ 2.4 $ 3.1 $ — $ (0.2 ) $ (0.6 ) Weighted average assumptions: Discount rate 3.5 % 4.4 % 4.0 % 3.7 % 4.5 % 3.6 % Expected return on plan assets 3.5 % 4.5 % 3.9 % N/A N/A N/A Rate of compensation increase 4.0 % 4.0 % 3.5 % 1.5 % 1.5 % 3.0 % The prior service costs are amortized on a straight-line basis over the average remaining service period of active participants. Gains and losses in excess of 10% of the greater of the benefit obligation and the market-related value of assets are amortized over the average remaining service period of active participants. To develop the expected long-term rate of return on assets assumptions, MFS considered the historical returns and future expectations for returns in each asset class, as well as targeted asset allocation percentages within the pension portfolio. The following is a reconciliation of the changes in benefit obligation, the changes in plan assets, and the funded status of the Direct Plans as of December 31, 2015 and 2014: Pension Plans Postretirement Health and Other (in millions) 2015 2014 2015 2014 Change in Benefit Obligation Benefit obligation, beginning of year $ 195.0 $ 186.0 $ 2.8 $ 3.3 Service cost 0.4 0.5 — — Interest cost 6.5 8.1 0.1 0.2 Participant contributions — 0.1 0.3 0.3 Medicare subsidies received — — — 0.1 Plan settlements — 1.7 — — Actuarial (gain) loss (5.5 ) 19.3 0.7 (0.5 ) Currency translation adjustment (8.8 ) (10.0 ) (0.2 ) (0.1 ) Benefits paid (10.4 ) (10.7 ) (0.5 ) (0.5 ) Benefit obligation, end of year $ 177.2 $ 195.0 $ 3.2 $ 2.8 Change in Plan Assets Fair value of plan assets, beginning of year $ 162.1 $ 159.5 $ — $ — Actual return on plan assets 0.6 18.6 — — Employer contributions 3.1 3.1 0.2 0.1 Participant contributions — 0.1 0.3 0.3 Medicare subsidies received — — — 0.1 Currency translation adjustment (7.5 ) (8.5 ) — — Benefits paid (10.4 ) (10.7 ) (0.5 ) (0.5 ) Fair value of plan assets, end of year 147.9 162.1 — — Funded status $ (29.3 ) $ (32.9 ) $ (3.2 ) $ (2.8 ) Amounts recognized in the Combined Balance sheet at December 31 Pension asset $ — $ — $ — $ — Pension obligation (29.3 ) (32.9 ) — — Postretirement health and other benefit obligations — — (3.2 ) (2.8 ) Net amount recognized $ (29.3 ) $ (32.9 ) $ (3.2 ) $ (2.8 ) Weighted-Average Assumptions Discount rate 3.7 % 3.5 % 3.9 % 3.7 % Expected return on plan assets 3.5 % 4.5 % N/A N/A Rate of compensation increase 4.0 % 4.0 % 1.5 % 1.5 % Amounts recognized in accumulated other comprehensive income as of December 31, 2015 and 2014, consist of the following: Pensions Postretirement Health and Other (in millions) 2015 2014 2015 2014 Net actuarial gain (loss) $ (35.1 ) $ (38.7 ) $ — $ 0.9 Total amount recognized $ (35.1 ) $ (38.7 ) $ — $ 0.9 We expect to recognize $1.2 million of net periodic benefit cost for the pension plan during the next fiscal year, which cost is currently included in accumulated other comprehensive income and no gain is expected to be recognized for the postretirement health and other plans. For measurement purposes, a 6.7% annual rate of increase in the per capita cost of covered health care benefits was assumed for 2015. The rate was assumed to decrease gradually to 4.5% for 2027 and remain at that level thereafter. Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. The following table summarizes the sensitivity of our December 31, 2015 retirement obligations and 2016 retirement benefit costs of our plans to changes in the key assumptions used to determine those results (in millions): Change in assumption: Estimated Estimated Benefit 2015 Estimated Postretirement Estimated Postretirement Obligation for the year 0.5% increase in discount rate $ (0.3 ) $ (10.8 ) $ — $ (0.1 ) 0.5% decrease in discount rate 0.2 11.6 — 0.2 0.5% increase in long-term return on assets (0.7 ) N/A N/A N/A 0.5% decrease in long-term return on assets 0.7 N/A N/A N/A 1.0% increase in medical trend rates N/A N/A 0.1 0.2 1.0% decrease in medical trend rates N/A N/A — (0.2 ) It is reasonably possible that the estimate for future retirement and health costs may change in the near future due to changes in the health care environment or changes in interest rates that may arise. Presently, there is no reliable means to estimate the amount of any such potential changes. The weighted-average asset allocations of the pension plans at December 31, 2015 and 2014, by asset category are as follows 2015 2014 Equity 10.2 % 15.0 % Debt Securities 28.9 % 23.8 % Other 60.9 % 61.2 % 100.0 % 100.0 % Investment Strategy Certain MFS subsidiaries sponsor their own pension and other postretirement benefit plans (the “Direct Plans”), which are accounted for as defined benefit plans. The overall objective of MFS’ pension assets is to earn a rate of return over time to satisfy the benefit obligations of the pension plans and to maintain sufficient liquidity to pay benefits and address other cash requirements of the pension fund. Specific investment objectives for our long-term investment strategy include reducing the volatility of pension assets relative to pension liabilities, achieving a competitive, total investment return, achieving diversification between and within asset classes and managing other risks. Investment objectives for each asset class are determined based on specific risks and investment opportunities identified. MFS reviews its long-term, strategic asset allocations annually. MFS uses various analytics to determine the optimal asset mix and consider plan liability characteristics, liquidity characteristics, funding requirements, expected rates of return and the distribution of returns. MFS identifies investment benchmarks for the asset classes in the strategic asset allocation that are market-based and investable where possible. Actual allocations to each asset class vary from target allocations due to periodic investment strategy changes, market value fluctuations, the length of time it takes to fully implement investment allocation positions and the timing of benefit payments and contributions. The asset allocation is monitored and rebalanced on a monthly basis. The actual allocations for the pension assets at December 31, 2015, and target allocations by asset class, are as follows: Target Allocations Weighted Average Equity Securities 9.0 % 10.2 % Debt Securities 29.0 % 28.9 % Other 62.0 % 60.9 % Risk Management Fair Value Measurements December 31, 2015 Assets (in millions) Quoted Prices in Active (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Cash $ 0.3 $ — $ — $ 0.3 Insurance group annuity contracts — — 89.9 89.9 Common/collective trust funds — Government, corporate and other non-government debt — 36.7 — 36.7 Common/collective trust funds — Corporate equity — 15.1 — 15.1 Common/collective trust funds — Customized strategy — 5.9 — 5.9 Total $ 0.3 $ 57.7 $ 89.9 $ 147.9 December 31, 2014 Assets (in millions) Quoted Prices in Active (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Cash $ 0.3 $ — $ — $ 0.3 Insurance group annuity contracts — — 98.9 98.9 Common/collective trust funds — Government, corporate and other non-government debt — 21.1 — 21.1 Common/collective trust funds — Corporate equity — 37.5 — 37.5 Common/collective trust funds — Customized strategy — 4.3 — 4.3 Total $ 0.3 $ 62.9 $ 98.9 $ 162.1 Cash equivalents and other short-term investments, which are used to pay benefits, are primarily held in registered money market funds which are valued using a market approach based on the quoted market prices of identical instruments. Other cash equivalent and short-term investments are valued daily by the fund using a market approach with inputs that include quoted market prices for similar instruments. Insurance group annuity contracts are valued at the present value of the future benefit payments owed by the insurance company to the plans’ participants. Common/collective funds are typically common or collective trusts valued at their net asset values that are calculated by the investment manager or sponsor of the fund and have daily or monthly liquidity. A reconciliation of the fair values measurements of plan assets using significant unobservable inputs (Level 3) from the beginning of the year to the end of the year is as follows: Insurance Contracts Year Ended December 31, (in millions) 2015 2014 Beginning Balance $ 98.9 $ 98.7 Actual return on assets 0.9 11.2 Benefit payments (5.4 ) (5.8 ) Foreign currency impact (4.6 ) (5.2 ) Ending Balance $ 89.8 $ 98.9 The expected 2016 contributions for pension plans are as follows: the minimum contribution for 2016 is $3.0 million; and no planned discretionary or non-cash contributions. Expected company paid claims for the postretirement health and life insurance plans are $0.2 million for 2016. Projected benefit payments from the plans as of December 31, 2015 are estimated as follows: (in millions) Pension Plans Postretirement Health and Other 2016 $ 10.6 $ 0.2 2017 11.0 0.2 2018 11.4 0.2 2019 11.9 0.2 2020 12.4 0.2 2021-2025 69.6 1.1 The fair value of plan assets for which the accumulated benefit obligation is in excess of the plan assets as of December 31, 2015 and 2014 is as follows: Pension Plans (in millions) 2015 2014 Projected benefit obligation $ 177.2 $ 195.0 Accumulated benefit obligation 176.3 194.1 Fair value of plan assets 147.9 162.1 The accumulated benefit obligation for all pension plans as of December 31, 2015 and 2014 was $176.3 million and $194.1 million, respectively. The measurement date for all plans is December 31, 2015. MFS, through its Lincoln Foodservice operation, participated in a multiemployer defined benefit pension plan under a collective bargaining agreement that covered certain of its union-represented employees. In 2013, with the finalization of the reorganization and plant restructuring that affected the Lincoln Foodservice operation, MFS was deemed to have effectively withdrawn its participation in the multiemployer defined benefit pension plan. This withdrawal obligation is part of the restructuring accrual in our combined balance sheet. The withdrawal obligation ($13.2 million as of December 31, 2015) is payable in 48 quarterly installments of $0.5 million through April 2025. As MFS was deemed to have effectively withdrawn its participation in this plan in 2013, no further contributions were made to the plan. The contributions by MFS to the multiemployer plan for the years ended December 31, 2015, 2014 and 2013 are as follows: (in millions) Pension Fund EIN / Pension Plan Number 2015 2014 2013 Sheet Metal Workers’ National Pension Fund 52-6112463 / 001 $ — $ — $ 0.3 Total Contributions $ — $ — $ 0.3

Leases

Leases	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Leases	20. Leases MFS leases various property, plant and equipment. Terms of the leases vary, but generally require MFS to pay property taxes, insurance premiums, and maintenance costs associated with the leased property. Rental expense attributed to operating leases was $11.2 million, $13.8 million and $10.8 million in 2015, 2014 and 2013, respectively. Future minimum rental obligations under non-cancelable operating leases, as of December 31, 2015, are payable as follows: (in millions) 2016 $ 14.2 2017 10.1 2018 7.6 2019 5.6 2020 3.8 Thereafter 0.9 Total $ 42.2

Business Segments

Business Segments	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Segment Reporting [Abstract]
Business Segments	17. Business Segments The Company identifies its segments using the “management approach,” which designates the internal organization that is used by management for making operating decisions and assessing performance as the source of MFS’ reportable segments. Management organizes the business based on geography, and has designated the regions Americas, EMEA, and APAC as reportable segments. The accounting policies of the segments are the same as those described in the summary of accounting policies except that certain corporate level expenses were not allocated to the segments for the periods prior to the Spin-Off. These unallocated expenses are corporate overhead, stock-based compensation expense, amortization expense of intangible assets with definite lives, restructuring expense, and other non-operating expenses. MFS evaluates segment performance based upon earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) before the aforementioned expenses. Financial information relating to the Company’s reportable segments for the three and six months ended June 30, 2016 and 2015 is as follows: Three months ended June 30, Six months ended June 30, (in millions) 2016 2015 2016 2015 Net sales: Americas $ 301.2 $ 346.7 $ 564.8 $ 640.4 EMEA 76.3 75.8 144.9 146.0 APAC 43.1 45.6 82.0 86.9 Elimination of intersegment sales (52.2 ) (60.4 ) (97.8 ) (120.2 ) Total net sales $ 368.4 $ 407.7 $ 693.9 $ 753.1 Earnings before interest, taxes, other (income) expense and amortization (Operating EBITA): Net earnings $ 15.1 $ 36.9 $ 33.2 $ 50.9 Income taxes 4.1 17.0 8.7 23.5 Other (income) expense - net 3.6 (0.2 ) 6.0 (0.6 ) Interest (income) expense on notes with MTW - net — (4.6 ) 0.1 (9.3 ) Interest expense 27.0 0.4 35.5 0.7 Earnings from operations 49.8 49.5 83.5 65.2 Amortization expense 7.9 7.9 15.7 15.7 Earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) $ 57.7 $ 57.4 $ 99.2 $ 80.9 Earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) by segment: Americas $ 55.0 $ 51.7 101.7 79.7 EMEA 10.1 6.8 16.9 10.5 APAC 4.2 6.2 7.3 10.2 Corporate and unallocated (11.6 ) (7.3 ) (26.7 ) (19.5 ) Total earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) $ 57.7 $ 57.4 $ 99.2 $ 80.9 Operating EBITA % by segment (1): Americas 18.3 % 14.9 % 18.0 % 12.4 % EMEA 13.2 % 9.0 % 11.7 % 7.2 % APAC 9.7 % 13.6 % 8.9 % 11.7 % Net sales by geographic area (2): United States $ 244.1 $ 281.2 $ 456.2 $ 516.4 Other Americas 24.0 26.9 47.0 51.0 EMEA 63.6 61.5 120.8 114.8 APAC 36.7 38.1 69.9 70.9 Total net sales by geographic area: $ 368.4 $ 407.7 $ 693.9 $ 753.1 (1) Operating EBITA % in the section above is calculated by dividing the dollar amount of Operating EBITA by net sales. (2) Net sales in the section above are attributed to geographic regions based on location of customer. As of June 30, 2016 and December 31, 2015, total assets by segment were as follows: (in millions) June 30, 2016 December 31, 2015 Total assets by segment: Americas $ 1,441.9 $ 1,495.2 EMEA 160.1 148.5 APAC 138.7 96.5 Corporate 66.3 13.8 Total $ 1,807.0 $ 1,754.0	21. Business Segments MFS identifies its segments using the “management approach,” which designates the internal organization that is used by management for making operating decisions and assessing performance as the source of MFS’ reportable segments. Management organizes the business based on geography, and has designated the regions Americas, EMEA, and APAC as reportable segments. The accounting policies of the segments are the same as those described in the summary of significant accounting policies except that certain expenses are not allocated to the segments. These unallocated expenses are corporate overhead, stock-based compensation expense, amortization expense of intangible assets with definite lives, asset impairment expense, restructuring expense, and other non-operating expenses. MFS evaluates segment performance based upon profit and loss before the aforementioned expenses. Financial information relating to MFS’ reportable segments for the years ended December 31, 2015, 2014 and 2013 is as follows: (in millions) 2015 2014 2013 Net sales: Americas $ 1,323.7 $ 1,301.9 $ 1,282.6 EMEA 281.6 315.1 312.6 APAC 191.1 198.2 129.4 Elimination of intersegment sales (226.3 ) (233.9 ) (182.8 ) Total net sales $ 1,570.1 $ 1,581.3 $ 1,541.8 Earnings before interest and taxes from continuing operations: Americas $ 200.9 $ 201.8 $ 214.3 EMEA 23.5 20.7 22.5 APAC 21.6 20.8 16.0 Corporate expense (35.8 ) (34.9 ) (31.6 ) Amortization expense (31.4 ) (31.8 ) (31.4 ) Asset impairment expense (9.0 ) (1.1 ) — Restructuring expense (4.6 ) (2.6 ) (2.9 ) Separation expense (4.3 ) — — Other income (expense) (1.0 ) (0.4 ) 0.8 Earnings before interest and taxes from continuing operations $ 159.9 $ 172.5 $ 187.7 Other income (expense): Interest expense $ (1.4 ) $ (1.3 ) $ (1.0 ) Interest income on notes with MTW - net 15.8 16.6 17.2 Other income (expense) - net 22.0 (0.6 ) 0.7 Earnings from continuing operations before income taxes $ 196.3 $ 187.2 $ 204.6 Capital expenditures: Americas $ 8.4 $ 23.8 $ 9.1 EMEA 1.5 1.6 2.1 APAC 1.4 3.7 3.8 Corporate 1.9 4.5 2.5 Total capital expenditures $ 13.2 $ 33.6 $ 17.5 Depreciation: Americas $ 14.3 $ 13.6 $ 15.1 EMEA 2.6 2.4 2.1 APAC 2.1 3.4 4.5 Corporate 0.6 0.6 0.6 Total depreciation $ 19.6 $ 20.0 $ 22.3 Assets: Americas $ 1,495.2 $ 1,636.2 $ 1,642.3 EMEA 148.5 158.3 181.5 APAC 96.5 96.7 81.5 Corporate 13.8 7.1 12.9 Total assets $ 1,754.0 $ 1,898.3 $ 1,918.2 Net sales by product class are categorized into commercial foodservice whole goods and aftermarket parts and service and support. Net sales by product class for the years ended December 31 are as follows: (in millions) 2015 (2) 2014 (2) 2013 (1) Commercial foodservice whole goods $ 1,277.2 $ 1,293.6 $ 1,355.3 Aftermarket parts and support 292.9 287.7 186.5 Total $ 1,570.1 $ 1,581.3 $ 1,541.8 (1) MFS began tracking sales by product class during 2013 in the Americas region; the aftermarket parts and support class shown for 2013 represents the Americas only. (2) MFS began tracking sales by product class for EMEA and APAC during 2014; the aftermarket parts and support sales for 2015 and 2014 represents sales from all regions. Net sales in the table below are attributed to geographic regions based on location of customer. Net sales from continuing operations and long-lived asset information by geographic area as of and for the years ended December 31 are as follows: Net Sales Long-Lived Assets (in millions) 2015 2014 2013 2015 2014 United States 1,066.7 996.4 949.2 1,363.4 1,454.7 Other Americas 106.6 127.4 132.4 16.0 12.4 Total Americas 1,173.3 1,123.8 1,081.6 1,379.4 1,467.1 EMEA 237.2 280.3 283.2 78.2 90.2 APAC 159.6 177.2 177.0 25.4 28.5 Total $ 1,570.1 $ 1,581.3 $ 1,541.8 $ 1,483.0 $ 1,585.8 Net sales from continuing operations and long-lived asset information for Europe primarily relate to France, Germany and the United Kingdom. MFS sells primarily through distributors and dealers (“direct customers”), who ultimately sell to end customers. No single direct customer represented 10% or greater of MFS’ net sales in the years ended December 31, 2015, 2014, or 2013. Only one end customer, McDonald’s, represented 10% or greater of MFS’ net sales in the years ended December 31, 2014 and December 31, 2013.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	22. Quarterly Financial Data (Unaudited) The following table presents quarterly financial data for 2015 and 2014: 2015 2014 (in millions, except per share data) First Second Third Fourth First Second Third Fourth Net sales $ 345.4 $ 407.7 $ 425.3 $ 391.7 $ 383.3 $ 406.7 $ 417.1 $ 374.2 Gross profit 106.6 126.9 135.3 132.9 130.1 133.5 131.8 112.6 Earnings from continuing operations before income taxes 20.6 53.8 59.1 62.8 46.1 52.4 51.0 37.7 Discontinued operations: (Loss) earnings from discontinued operations, net of income taxes (0.1 ) 0.1 0.3 (0.2 ) (0.1 ) (0.3 ) — — Loss on sale of discontinued operations, net of income taxes — — — — — — (1.1 ) — Net earnings 14.0 36.9 41.1 65.1 32.6 36.9 62.9 27.4 Basic and diluted earnings per share: Earnings from continuing operations $ 0.10 $ 0.27 $ 0.30 $ 0.48 $ 0.24 $ 0.27 $ 0.47 $ 0.20 Discontinued operations: Loss from discontinued operations — — — — — — — — Loss on sale of discontinued operations, net of income taxes — — — — — — (0.01 ) — Basic and diluted net earnings per share (1) $ 0.10 $ 0.27 $ 0.30 $ 0.48 $ 0.24 $ 0.27 $ 0.46 $ 0.20 (1) On March 4, 2015, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. See Note 24, “Earnings Per Share,” in the Audited Combined Financial Statements for more information. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction.

Net Parent Company Investment a

Net Parent Company Investment and Related Party Transactions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Related Party Transactions [Abstract]
Net Parent Company Investment and Related Party Transactions	18. Net Parent Company Investment and Related Party Transactions Related Party Transactions and Cash Management Prior to the Spin-Off : Net Parent Company Investment and Corporate Cost Allocations Prior to the Spin-Off None of MTW’s debt has been reflected in the consolidated (condensed) balance sheet of MFS as of December 31, 2015, because MFS was not a party to the obligations between MTW and the debt holders. No financing costs or interest expense associated with MTW’s debt has been allocated to the consolidated (condensed) financial statements for periods prior to the Spin-Off. All significant intercompany transactions between MFS and MTW, have been included within Net Parent Company Investment in the consolidated (condensed) balance sheet related to the period ended December 31, 2015. The total effect of the settlement of these intercompany transactions is reflected as a financing activity in the consolidated (condensed) statements of cash flows. However, the interest income and expense related to the notes with MTW is presented on a net basis in the consolidated (condensed) statements of operations. There was no interest income on the notes with MTW during the three and six months ended June 30, 2016. Interest income on the notes with MTW was $4.6 million and $9.3 million for the three and six months ended June 30, 2015, respectively. Interest expense on the notes with MTW was $0.1 million for the six months ended June 30, 2016. There was no interest expense on the notes with MTW during the six months ended June 30, 2015. The notes receivable balance from MTW as of the year ended December 31, 2015 was $70.8 million. The notes payable balance to MTW as of the year ended December 31, 2015 was $9.9 million. Guarantees Prior to the Spin-Off: Post Spin-Off Activity: In accordance with the Separation Agreement, at the time of the Spin-Off, MTW contributed its net investment in MFS and certain assets and liabilities in exchange for a $1,362.0 million cash distribution which was funded through the long-term debt incurred by MFS. In addition, separation related adjustments are included in additional paid-in capital (deficit) on the consolidated (condensed) balance sheet consisting of net liabilities assumed by MFS related to the pension plans of $21.5 million, post-retirement medical obligations of $6.8 million, income taxes payable of $0.6 million and $47.4 million of other comprehensive income related to pension and currency translation, net of tax. The Separation Agreement included provisions on the allocation of assets and liabilities between legal entities that were being split into a separate MTW and MFS legal entity as part of the Spin-Off. The Separation Agreement also included provisions on the split of joint administrative costs that were incurred post Spin-Off. Under the TSA, MFS and MTW will provide each other certain specified services on a transitional basis, including, among others, payroll and other human resource services, information systems, insurance, legal, finance and other corporate services, as well as procurement and sourcing support. The charges for the transition services are generally intended to allow the providing company to fully recover the allocated direct costs of providing the services, plus all out-of-pocket costs and expenses, generally without profit except where required by local law. MFS anticipates that it will generally be in a position to complete the transition of most services on or before 24 months following the date of the Spin-Off. The expenses related to the TSA through June 30, 2016 were immaterial.	23. Net Parent Company Investment and Related Party Transactions Related Party Transactions and Cash Management : Net Parent Company Investment and Corporate Cost Allocations None of MTW’s debt has been reflected in the combined balance sheet of MFS, because MFS is not a party to the obligation between MTW and the debt holders. No financing costs or interest expense associated with MTW’s debt has been allocated to the combined financial statements. All significant intercompany transactions between MFS and MTW (including MTW’s Cranes business), have been included within Net Parent Company Investment in the combined balance sheets. The total effect of the settlement of these intercompany transactions is reflected as a financing activity in the combined statements of cash flows. However, the interest income and expense related to the notes with MTW is presented on a net basis in the combined statement of operations. Interest income on the notes with MTW for the years ended December 31, 2015, 2014, and 2013, is net of interest expense on the notes with MTW of $0.6 million, $1.3 million, and $0.6 million, respectively. The notes receivable balances from MTW as of the years ended December 31, 2015, 2014, and 2013, were $70.8 million, $273.9 million, and $248.3 million, respectively. The notes payable balances to MTW as of December 31, 2015, 2014, and 2013, were $9.9 million, $6.2 million, and $12.4 million, respectively. Guarantees:

Earnings Per Share

Earnings Per Share	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	19. Earnings Per Share On March 4, 2016, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders, thereby completing the Spin-Off. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction. The same number of shares were used to calculate basic and diluted earnings per share, for the prior periods presented, since no equity awards were outstanding prior to the Spin-Off. The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share. Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Basic weighted average common shares outstanding 137,131,572 137,016,712 137,105,290 137,016,712 Effect of dilutive securities 1,242,807 — 1,250,923 — Diluted weighted average common shares outstanding 138,374,379 137,016,712 138,356,213 137,016,712 For the three and six months ended June 30, 2016, 3.5 million of common shares issuable upon the exercise of stock options were anti-dilutive and were excluded from the calculation of diluted shares. On March 3, 2016, prior to the completion of the Spin-Off, MFS paid a one-time cash dividend to MTW of approximately $1.362 billion. MFS did not declare or pay any other dividends to its stockholders during the three or six months ended June 30, 2016 or June 30, 2015, respectively.	24. Earnings Per Share On March 4, 2016, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders, thereby completing the spin-off. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction. The same number of shares were used to calculate basic and diluted earnings per share, for each year presented, since no equity awards were outstanding prior to the spin-off. As described in Note 1, “Description of the Business and Basis of Presentation,” our combined financial statements may not be indicative of MFS’ future performance and do not necessarily include all the of the actual expenses that would have been incurred by MFS (including, but not limited to, interest expense related to the debt financing described in Note 25, “Subsequent Events”) and may not reflect the results of operations had MFS been a standalone company during the periods presented. The following table sets forth the computation of basic and diluted (loss)/earnings per share for the year ended 2015, 2014, and 2013, respectively. (in millions, except per share data) 2015 2014 2013 Net earnings $ 157.1 $ 159.8 $ 146.1 Basic and diluted average shares outstanding 137,016,712 137,016,712 137,016,712 Basic and diluted (loss)/earnings per common share $ 1.15 $ 1.17 $ 1.07

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	25. Subsequent Events The combined financial statements reflect management’s evaluation of subsequent events through March 30, 2016, the date MFS’ audited combined financial statements as of and for the year-ended December 31, 2015, were available to be issued. On March 4, 2016, MTW completed the previously announced plans to create two independent public companies to separately operate its two businesses: its Crane business and its Foodservice business. To effect the separation, MTW undertook an internal reorganization in which MTW retained the Crane business, and the Foodservice business, Manitowoc Foodservice Inc., was spun-off. As a result of the Spin-Off, Manitowoc Foodservice, Inc. now operates as an independent, publicly traded company on the New York Stock Exchange trading under the symbol “MFS”. On March 4, 2016, MTW distributed 137,016,712 shares of MFS common stock to MFS shareholders. Holders of MTW common stock received one share of MFS for every one share of MTW common stock held on February 22, 2016. MTW structured the distribution to be tax-free to its U.S. shareholders for U.S. federal income tax purposes. In connection with the Spin-Off of MFS from MTW, MFS entered into the following material agreements related to its debt financing: Credit Agreement MFS entered into a credit agreement (the “2016 Credit Agreement”) for a new senior secured revolving credit facility in an aggregate principal amount of $225 million (the “Revolving Facility”) and a senior secured term loan B facility in an aggregate principal amount of $975 million (the “Term Loan Facility,” and together with the Revolving Facility, the “Credit Facilities”) with JPMorgan Chase Bank, N.A, as administrative agent and collateral agent, J.P. Morgan Securities LLC, Goldman Sachs Bank USA, HSBC Securities (USA) Inc., and Citigroup Global Markets Inc., on behalf of certain of its affiliates, as joint lead arrangers and joint bookrunners, and certain lenders, as lenders. The Revolving Facility includes (i) a $20 million sublimit for the issuance of letters of credit on customary terms, and (ii) a $40 million sublimit for swingline loans on customary terms. MFS entered into security and other agreements relating to the 2016 Credit Agreement. The Term Loan Facility proceeds were used in part to repay existing debt, and for the payment of a cash dividend to MTW in an amount sufficient to repay certain of MTW existing debt and credit facilities (the “Foodservice Dividend”) in connection with the contribution of certain assets to MFS immediately prior to the completion of the Spin-Off. Borrowings under the Credit Facilities will bear interest at a rate per annum equal to, at the option of MFS, (i) LIBOR plus the applicable margin of approximately 4.75% for term loans subject to a 1.00% LIBOR floor and 1.50% to 2.75% for revolving loans, based on consolidated total leverage, or (ii) an alternate base rate plus the applicable margin, which will be 1.00% lower than for LIBOR loans. The loans and commitments under the Revolving Facility mature or terminate on March 3, 2021. The loans and commitments under the Term Loan Facility are expected to mature or terminate on March 3, 2023 and will require quarterly principal payments at a rate of 0.25% of the original principal balance. Mandatory prepayments on the Term Loan Facility are required, subject to customary exceptions, (i) from the receipt of net cash proceeds by MFS or any of its restricted subsidiaries from certain asset dispositions and casualty events, in each case, to the extent such proceeds are not reinvested or committed to be reinvested in assets useful in the business of MFS or any of its subsidiaries within twelve months of the date of such disposition or casualty event, (ii) following the receipt of net cash proceeds from the issuance or incurrence of additional debt of MFS or any of its subsidiaries and (iii) in an amount equal to 50% of excess cash flow of MFS and its subsidiaries with step-downs to 25% if the senior secured leverage ratio is less than or equal to 4.50 to 1 but greater than 4.00 to 1, and to 0% if the senior secured leverage ratio is less than or equal to 4.00 to 1. Obligations of MFS under the Credit Facilities are jointly and severally guaranteed by certain of its existing and future direct and indirectly wholly-owned U.S. subsidiaries (but excluding (i) unrestricted subsidiaries, (ii) immaterial subsidiaries, and (iii) special purpose securitization vehicles). There is a first priority perfected lien on substantially all of the assets and property of MFS and guarantors and proceeds therefrom excluding certain excluded assets. The liens securing the obligations of MFS under the Revolving Facility and the Term Loan Facility will be pari passu. Senior Notes On February 18, 2016, in connection with the Spin-Off of MFS from MTW, MFS’ wholly owned subsidiary, MTW Foodservice Escrow Corp. (the “Foodservice Escrow Issuer”), entered into an indenture (the “Foodservice Indenture”) with Wells Fargo Bank, National Association, as trustee (in such capacity, the “Foodservice Trustee”). Pursuant to the Foodservice Indenture, MFS issued $425 million in aggregate principal amount of 9.500% senior notes due 2024 (the “Senior Notes”). The Senior Notes bear interest at a rate of 9.500% per year, payable in cash semi-annually on February 15 and August 15 of each year, commencing on August 15, 2016. The Senior Notes will mature on February 15, 2024, unless earlier repurchased or redeemed. The Senior Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and were resold by the initial purchasers (the “Foodservice Purchasers”) to qualified institutional buyers pursuant to Rule 144A (and outside the United States in reliance on Regulation S) under the Securities Act. The Senior Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of MFS’ domestic restricted subsidiaries that is a borrower or guarantor under the Credit Facilities. The Senior Notes and the subsidiary guarantees are senior unsecured obligations. MFS may redeem some or all of the Senior Notes from time to time at a redemption price equal to the principal amount of the notes to be redeemed plus certain premiums as set forth in the Foodservice Indenture. MFS must generally offer to repurchase all of the outstanding Senior Notes upon the occurrence of certain specific change of control events at a purchase price equal to 101% of the principal amount of Senior Notes purchased plus accrued and unpaid interest to the date of purchase. The Foodservice Indenture provides for customary events of default. Generally, if an event of default occurs (subject to certain exceptions), the Foodservice Trustee or the holders of at least 25% in aggregate principal amount of the then-outstanding Senior Notes may declare all the Senior Notes to be due and payable immediately. Among other things, the Foodservice Indenture also limits the ability of MFS and its subsidiaries to engage in certain activities, including: incurring additional indebtedness or issuing certain preferred stock; paying dividends or making certain other restricted payments or permitting our restricted subsidiaries to do the same; incurring liens; entering into certain types of transactions with affiliates; and consolidating or merging with or into other companies or undergoing certain other fundamental changes. If, in the future, the Senior Notes have investment grade credit ratings and no default or event of default exists under the Foodservice Indenture, certain of these covenants will no longer apply to the Senior Notes for so long as the Senior Notes are rated investment grade. These and other covenants contained in the Indenture are subject to important exceptions and qualifications. In connection with the Spin-Off of MFS from MTW, MFS entered into the following material agreements related to The Securitization Program: On March 3, 2016, we entered into a new $110.0 million accounts receivable securitization program (the “2016 Securitization Facility”) with Wells Fargo Bank, National Association, as purchaser and agent, whereby we will sell certain of our domestic trade accounts receivable to a wholly-owned, bankruptcy-remote special purpose subsidiary and certain of our non-U.S. trade accounts receivable to a wholly-owned, bankruptcy-remote, foreign special purpose entity, which entities, in turn, will sell, convey, transfer and assign to a third-party financial institution (a “Purchaser”), all of the right, title and interest in and to their pool of receivables to the Purchaser. The Purchaser will receive ownership of the pools of receivables. The Company, along with certain of its subsidiaries, act as servicers of the receivables and as such administer, collect and otherwise enforce the receivables. The servicers will be compensated for doing so on terms that are generally consistent with what would be charged by an unrelated servicer. As servicers, they will initially receive payments made by obligors on the receivables but will be required to remit those payments in accordance with a receivables purchase agreement. The Purchaser will have no recourse for uncollectible receivables. The securitization program also contains customary affirmative and negative covenants. Among other restrictions, these covenants require the Company to meet specified financial tests, which include a consolidated interest coverage ratio and a consolidated total leverage ratio that are the same as the covenant ratios required per the 2016 Credit Agreement.

Subsidiary Guarantors of Senior

Subsidiary Guarantors of Senior Notes due 2024	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Subsidiary Guarantors of Senior Notes due 2024	20. Subsidiary Guarantors of Senior Notes due 2024 The following tables present consolidated (condensed) financial information for (a) MFS; (b) the guarantors of the Senior Notes due 2024 which include substantially all of the domestic, 100% owned subsidiaries of the MFS (Subsidiary Guarantors); and (c) the wholly and partially owned foreign subsidiaries of MFS, which do not guarantee the Senior Notes due 2024 (Non-Guarantor Subsidiaries). The information includes elimination entries necessary to consolidate the guarantor and the non-guarantor subsidiaries. Investments in subsidiaries are accounted for using the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries, equity and intercompany balances and transactions. Separate financial statements of the Subsidiary Guarantors are not presented because the guarantors are fully and unconditionally, jointly and severally liable under the guarantees, except for normal and customary release provisions. Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Three Months Ended June 30, 2016 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 275.9 $ 190.3 $ (97.8 ) $ 368.4 Cost of sales 0.9 192.5 138.1 (97.8 ) 233.7 Gross profit (0.9 ) 83.4 52.2 — 134.7 Selling, general and administrative expenses 8.3 40.1 27.0 — 75.4 Amortization expense — 7.2 0.7 — 7.9 Separation expense 1.3 (0.1 ) 0.1 — 1.3 Restructuring expense — (0.3 ) 0.6 — 0.3 Earnings from operations (10.5 ) 36.5 23.8 — 49.8 Interest expense 26.2 0.1 0.7 — 27.0 Other (income) expense — net 1.1 0.5 2.0 — 3.6 Equity in earnings (loss) of subsidiaries 37.4 17.5 — (54.9 ) — Earnings before income taxes (0.4 ) 53.4 21.1 (54.9 ) 19.2 Income taxes (15.5 ) 16.0 3.6 — 4.1 Net earnings $ 15.1 $ 37.4 $ 17.5 $ (54.9 ) $ 15.1 Other comprehensive income (loss), net of tax (4.3 ) (4.2 ) (4.9 ) 9.1 (4.3 ) Comprehensive income (loss) $ 10.8 $ 33.2 $ 12.6 $ (45.8 ) $ 10.8 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Three Months Ended June 30, 2015 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 286.8 $ 210.7 $ (89.8 ) $ 407.7 Cost of sales — 210.7 159.9 (89.8 ) 280.8 Gross profit — 76.1 50.8 — 126.9 Selling, general and administrative expenses 6.7 33.2 29.3 — 69.2 Amortization expense — 7.2 0.7 — 7.9 Separation expense 0.1 0.4 — — 0.5 Restructuring expense — 0.1 (0.3 ) — (0.2 ) Earnings (loss) from operations (6.8 ) 35.2 21.1 — 49.5 Interest expense — 0.3 0.1 — 0.4 Interest (income) expense on notes with MTW — net — (4.3 ) (0.3 ) — (4.6 ) Other (income) expense — net — (0.4 ) 0.2 — (0.2 ) Equity in earnings (loss) of subsidiaries 41.3 16.5 — (57.8 ) — Earnings (loss) before income taxes 34.5 56.1 21.1 (57.8 ) 53.9 Income taxes (2.4 ) 14.8 4.6 — 17.0 Net earnings (loss) $ 36.9 $ 41.3 $ 16.5 $ (57.8 ) $ 36.9 Other comprehensive income (loss), net of tax 0.8 1.4 1.6 (3.0 ) 0.8 Comprehensive income (loss) $ 37.7 $ 42.7 $ 18.1 $ (60.8 ) $ 37.7 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Six Months Ended June 30, 2016 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 519.0 $ 354.4 $ (179.5 ) $ 693.9 Cost of sales 1.2 362.3 257.6 (179.5 ) 441.6 Gross profit (1.2 ) 156.7 96.8 — 252.3 Selling, general and administrative expenses 18.3 74.8 54.1 — 147.2 Amortization expense — 14.3 1.4 — 15.7 Separation expense 4.3 (0.1 ) 0.1 — 4.3 Restructuring expense — 0.8 0.8 — 1.6 Earnings from operations (23.8 ) 66.9 40.4 — 83.5 Interest expense 34.0 0.8 0.7 — 35.5 Interest (income) expense on notes with MTW — net — — 0.1 — 0.1 Other (income) expense — net 11.0 45.5 (50.5 ) — 6.0 Equity in earnings (loss) of subsidiaries 73.9 64.2 — (138.1 ) — Earnings before income taxes 5.1 84.8 90.1 (138.1 ) 41.9 Income taxes (28.1 ) 10.9 25.9 — 8.7 Net earnings $ 33.2 $ 73.9 $ 64.2 $ (138.1 ) $ 33.2 Other comprehensive income (loss), net of tax 4.9 15.6 20.9 (36.5 ) 4.9 Comprehensive income (loss) $ 38.1 $ 89.5 $ 85.1 $ (174.6 ) $ 38.1 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Six Months Ended June 30, 2015 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 534.6 $ 398.0 $ (179.5 ) $ 753.1 Cost of sales — 395.5 303.6 (179.5 ) 519.6 Gross profit — 139.1 94.4 — 233.5 Selling, general and administrative expenses 16.6 73.4 61.6 — 151.6 Amortization expense — 14.3 1.4 — 15.7 Separation expense 0.1 0.4 — — 0.5 Restructuring expense — 0.8 (0.3 ) — 0.5 Earnings (loss) from operations (16.7 ) 50.2 31.7 — 65.2 Interest expense — 0.6 0.1 — 0.7 Interest (income) expense on notes with MTW - net — (8.5 ) (0.8 ) — (9.3 ) Other (income) expense - net — (1.8 ) 1.2 — (0.6 ) Equity in earnings (loss) of subsidiaries 61.7 24.8 — (86.5 ) — Earnings (loss) before income taxes 45.0 84.7 31.2 (86.5 ) 74.4 Income taxes (5.9 ) 23.0 6.4 — 23.5 Net earnings (loss) $ 50.9 $ 61.7 $ 24.8 $ (86.5 ) $ 50.9 Other comprehensive income (loss), net of tax (10.3 ) (11.4 ) (10.6 ) 22.0 (10.3 ) Comprehensive income (loss) $ 40.6 $ 50.3 $ 14.2 $ (64.5 ) $ 40.6 Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of June 30, 2016 Millions of dollars Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ 10.4 $ 0.8 $ 29.5 $ — $ 40.7 Restricted cash — — 0.4 — 0.4 Accounts receivable — net 0.1 — 103.0 (2.4 ) 100.7 Inventories — net — 79.5 84.1 — 163.6 Prepaids and other current assets — 1.7 11.8 (2.8 ) 10.7 Current assets held for sale — 3.6 2.6 — 6.2 Total current assets 10.5 85.6 231.4 (5.2 ) 322.3 Property, plant and equipment — net 1.3 69.1 41.0 — 111.4 Goodwill — 832.4 13.5 — 845.9 Other intangible assets — net — 437.7 65.6 — 503.3 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 2,851.5 — (2,851.5 ) — Investment in subsidiaries 3,734.8 — — (3,734.8 ) — Other non-current assets 5.6 3.8 65.8 (51.1 ) 24.1 Total assets $ 3,752.2 $ 4,300.1 $ 417.3 $ (6,662.6 ) $ 1,807.0 Liabilities and Equity: Current Liabilities: Accounts payable $ 6.9 $ 69.0 $ 50.9 $ (2.4 ) $ 124.4 Accrued expenses and other liabilities 8.7 82.9 57.5 (2.8 ) 146.3 Short-term borrowings — — 0.1 — 0.1 Current portion of long-term debt and capital leases — 0.5 0.8 — 1.3 Product warranties — 21.3 9.8 — 31.1 Total current liabilities 15.6 173.7 119.1 (5.2 ) 303.2 Long-term debt and capital leases 1,367.9 2.0 — — 1369.9 Deferred income taxes 135.6 — 62.0 (44.8 ) 152.8 Pension and postretirement health obligations 60.1 5.0 — (6.3 ) 58.8 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,259.9 — 591.6 (2,851.5 ) — Investment in subsidiaries — 361.4 — (361.4 ) — Other long-term liabilities 8.5 23.2 1.7 — 33.4 Total non-current liabilities 3,847.7 391.6 659.6 (3,284.0 ) 1,614.9 Total Equity: Total equity (111.1 ) 3,734.8 (361.4 ) (3,373.4 ) (111.1 ) Total liabilities and equity $ 3,752.2 $ 4,300.1 $ 417.3 $ (6,662.6 ) $ 1,807.0 Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of December 31, 2015 (In millions) Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ — $ 3.5 $ 28.5 $ — $ 32.0 Restricted cash — — 0.6 — 0.6 Accounts receivable — net — — 73.4 (9.6 ) 63.8 Intercompany interest receivable — — 4.2 (4.2 ) — Intercompany short-term note receivable — — 31.0 (31.0 ) — Inventories — net — 80.2 65.7 — 145.9 Prepaids and other current assets 1.2 2.3 9.0 (2.2 ) 10.3 Total current assets 1.2 86.0 212.4 (47.0 ) 252.6 Property, plant and equipment — net 0.9 71.2 44.3 — 116.4 Goodwill — 832.4 13.4 — 845.8 Other intangible assets — net — 452.1 67.5 — 519.6 Intercompany long-term note receivable — — 42.4 (42.4 ) — Due from affiliates — 3,074.9 — (3,074.9 ) — Investment in subsidiaries 3,579.8 — — (3,579.8 ) — Other non-current assets — 3.1 71.8 (59.0 ) 15.9 Long-term assets held for sale — 3.7 — — 3.7 Total assets $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Liabilities and Shareholders’ Equity: Current Liabilities: Accounts payable $ 0.1 $ 81.8 $ 56.7 $ (9.6 ) $ 129.0 Accrued expenses and other liabilities — 100.1 59.7 (2.2 ) 157.6 Current portion of capital leases — 0.4 — — 0.4 Intercompany interest payable — 4.2 — (4.2 ) — Intercompany short-term note payable — 31.0 — (31.0 ) — Product warranties — 23.8 10.5 — 34.3 Total current liabilities 0.1 241.3 126.9 (47.0 ) 321.3 Long-term capital leases — 2.3 — — 2.3 Deferred income taxes 155.4 — 63.5 (51.0 ) 167.9 Pension and postretirement health obligations 35.0 6.3 — (8.0 ) 33.3 Intercompany long-term note payable — 42.4 — (42.4 ) — Due to affiliates 2,176.9 — 898.0 (3,074.9 ) — Investment in subsidiaries — 638.6 — (638.6 ) — Other long-term liabilities 5.8 12.7 2.0 — 20.5 Total non-current liabilities 2,373.1 702.3 963.5 (3,814.9 ) 224.0 Total Equity: Total equity 1,208.7 3,579.8 (638.6 ) (2,941.2 ) 1,208.7 Total liabilities and equity $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Six Months Ended June 30, 2016 (In millions) Millions of dollars Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows from Operating Activities Net cash provided by (used for) operating activities $ (16.4 ) $ 93.0 $ (74.4 ) — $ 2.2 Cash Flows from Investing Activities Capital expenditures (0.6 ) (2.3 ) (3.3 ) — (6.2 ) Changes in restricted cash — — 0.2 — 0.2 Intercompany investment — (51.0 ) — 51.0 — Proceeds from intercompany note — — 42.4 (42.4 ) — Net cash provided by (used for) investing activities (0.6 ) (53.3 ) 39.3 8.6 (6.0 ) Cash Flows from Financing Activities Proceeds from long-term debt and capital leases 1,448.9 — 8.1 — 1,457.0 Repayments on long-term debt and capital leases (42.3 ) — (7.3 ) — (49.6 ) Debt issuance costs (40.9 ) — — — (40.9 ) Changes in short-term borrowings — — 0.1 — 0.1 Dividend paid to MTW (1,362.0 ) — — — (1,362.0 ) Net transactions with MTW 7.6 — — — 7.6 Exercises of stock options 0.4 — — — 0.4 Intercompany financing 15.7 — 35.3 (51.0 ) — Repayments on intercompany note — (42.4 ) — 42.4 — Net cash provided by (used for) financing activities 27.4 (42.4 ) 36.2 (8.6 ) 12.6 Effect of exchange rate changes on cash — — (0.1 ) — (0.1 ) Net increase (decrease) in cash and cash equivalents 10.4 (2.7 ) 1.0 — 8.7 Balance at beginning of period — 3.5 28.5 — 32.0 Balance at end of period $ 10.4 $ 0.8 $ 29.5 $ — $ 40.7 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Six Months Ended June 30, 2015 (In millions) Millions of dollars Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows from Operating Activities Net cash provided by (used for) operating activities $ (14.1 ) $ 4.9 $ (1.1 ) $ — $ (10.3 ) Cash Flows from Investing Activities Capital expenditures — (3.6 ) (3.1 ) — (6.7 ) Changes in restricted cash — — (0.3 ) — (0.3 ) Intercompany investment (2.2 ) (3.7 ) — 5.9 — Net cash provided by (used for) investing activities (2.2 ) (7.3 ) (3.4 ) 5.9 (7.0 ) Cash Flows from Financing Activities Proceeds from long-term debt and capital leases — 0.4 — — 0.4 Repayments on long-term debt and capital leases — (0.2 ) — — (0.2 ) Net transactions with MTW 16.3 — — — 16.3 Intercompany financing — 1.2 4.7 (5.9 ) — Net cash provided by (used for) financing activities 16.3 1.4 4.7 (5.9 ) 16.5 Effect of exchange rate changes on cash — — (0.9 ) — (0.9 ) Net decrease in cash and cash equivalents — (1.0 ) (0.7 ) — (1.7 ) Balance at beginning of period — 2.7 13.8 — 16.5 Balance at end of period $ — $ 1.7 $ 13.1 $ — $ 14.8	26. Subsidiary Guarantors of Senior Notes due 2024 The following tables present consolidated (condensed) financial information for (a) MFS; (b) the guarantors of the Senior Notes due 2024 which include substantially all of the domestic, 100% owned subsidiaries of the MFS (Subsidiary Guarantors); and (c) the wholly and partially owned foreign subsidiaries of MFS, which do not guarantee the Senior Notes due 2024 (Non-Guarantor Subsidiaries). The information includes elimination entries necessary to consolidate the guarantor and the non-guarantor subsidiaries. Investments in subsidiaries are accounted for using the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries, equity and intercompany balances and transactions. Separate financial statements of the Subsidiary Guarantors are not presented because the guarantors are fully and unconditionally, jointly and severally liable under the guarantees, except for normal and customary release provisions. Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Twelve Months Ended December 31, 2015 (In millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 1,109.8 $ 809.9 $ (349.6 ) $ 1,570.1 Cost of sales 0.1 803.6 614.3 (349.6 ) 1,068.4 Gross profit (0.1 ) 306.2 195.6 — 501.7 Selling, general and administrative expenses 32.2 144.6 114.8 — 291.6 Other operating expenses 4.4 38.9 6.9 — 50.2 Earnings before interest and taxes from continuing operations (36.7 ) 122.7 73.9 — 159.9 Interest expense — (1.2 ) (0.2 ) — (1.4 ) Interest income on notes with MTW - net — 14.9 0.9 — 15.8 Other income (expense) - net 78.6 (77.9 ) 21.3 — 22.0 Equity in earnings (loss) of subsidiaries 123.2 77.9 — (201.1 ) — Earnings (loss) from continuing operations before income taxes 165.1 136.4 95.9 (201.1 ) 196.3 Income taxes 8.0 13.3 18.0 — 39.3 Net earnings (loss) from continuing operations 157.1 123.1 77.9 (201.1 ) 157.0 Discontinued operations: Earnings from discontinued operations, net of income taxes — 0.1 — — 0.1 Net earnings (loss) $ 157.1 $ 123.2 $ 77.9 $ (201.1 ) $ 157.1 Other comprehensive income (loss), net of tax (23.8 ) (27.7 ) (26.9 ) 54.6 (23.8 ) Comprehensive income (loss) $ 133.3 $ 95.5 $ 51.0 $ (146.5 ) $ 133.3 Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of December 31, 2015 (In millions) Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ — $ 3.5 $ 28.5 $ — $ 32.0 Restricted cash — — 0.6 — 0.6 Accounts receivable — net — — 73.4 (9.6 ) 63.8 Intercompany interest receivable — — 4.2 (4.2 ) — Intercompany short-term note receivable — — 31.0 (31.0 ) — Inventories — net — 80.2 65.7 — 145.9 Prepaids and other current assets 1.2 2.3 9.0 (2.2 ) 10.3 Total current assets 1.2 86.0 212.4 (47.0 ) 252.6 Property, plant and equipment — net 0.9 71.2 44.3 — 116.4 Goodwill — 832.4 13.4 — 845.8 Other intangible assets — net — 452.1 67.5 — 519.6 Intercompany long-term note receivable — — 42.4 (42.4 ) — Due from affiliates — 3,074.9 — (3,074.9 ) — Investment in subsidiaries 3,579.8 — — (3,579.8 ) — Other non-current assets — 3.1 71.8 (59.0 ) 15.9 Long-term assets held for sale — 3.7 — — 3.7 Total assets $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Liabilities and Shareholders’ Equity: Current Liabilities: Accounts payable $ 0.1 $ 81.8 $ 56.7 $ (9.6 ) $ 129.0 Accrued expenses and other liabilities — 100.1 59.7 (2.2 ) 157.6 Current portion of capital leases — 0.4 — — 0.4 Intercompany interest payable — 4.2 — (4.2 ) — Intercompany short-term note payable — 31.0 — (31.0 ) — Product warranties — 23.8 10.5 — 34.3 Total current liabilities 0.1 241.3 126.9 (47.0 ) 321.3 Long-term capital leases — 2.3 — — 2.3 Deferred income taxes 155.4 — 63.5 (51.0 ) 167.9 Pension and postretirement health obligations 35.0 6.3 — (8.0 ) 33.3 Intercompany long-term note payable — 42.4 — (42.4 ) — Due to affiliates 2,176.9 — 898.0 (3,074.9 ) — Investment in subsidiaries — 638.6 — (638.6 ) — Other long-term liabilities 5.8 12.7 2.0 — 20.5 Total non-current liabilities 2,373.1 702.3 963.5 (3,814.9 ) 224.0 Total Equity: Total equity 1,208.7 3,579.8 (638.6 ) (2,941.2 ) 1,208.7 Total liabilities and equity $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Twelve Months Ended December 31, 2015 (In millions) Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows From Operations Net cash provided by (used for) operating activities of continuing operations $ 376.9 $ (137.7 ) $ (96.3 ) $ — $ 142.9 Net cash provided by operating activities of discontinued operations — 0.1 — — 0.1 Net cash provided by (used for) operating activities 376.9 (137.6 ) (96.3 ) — 143.0 Cash Flows From Investing Capital expenditures (0.8 ) (6.5 ) (5.9 ) — (13.2 ) Restricted cash — — (0.6 ) — (0.6 ) Business acquisitions, net of cash acquired — — (5.3 ) — (5.3 ) Proceeds from sale of business — 78.2 — — 78.2 Intercompany investment (193.2 ) — — 193.2 — Net cash provided by (used for) investing activities (194.0 ) 71.7 (11.8 ) 193.2 59.1 Cash Flows From Financing Payments on capital leases — (0.7 ) — — (0.7 ) Proceeds from capital leases — 0.5 — — 0.5 Net transactions with MTW (182.9 ) — — — (182.9 ) Intercompany financing — 66.9 126.3 (193.2 ) — Net cash provided by (used for) financing activities (182.9 ) 66.7 126.3 (193.2 ) (183.1 ) Effect of exchange rate changes on cash — — (3.5 ) — (3.5 ) Net increase in cash and cash equivalents — 0.8 14.7 — 15.5 Balance at beginning of year — 2.7 13.8 — 16.5 Balance at end of year $ — $ 3.5 $ 28.5 $ — $ 32.0 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Twelve Months Ended December 31, 2014 (In millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 1,051.7 $ 836.5 $ (306.9 ) $ 1,581.3 Cost of sales — 750.3 629.9 (306.9 ) 1,073.3 Gross profit — 301.4 206.6 — 508.0 Selling, general and administrative expenses 29.3 142.0 128.3 — 299.6 Other operating expenses — 32.4 3.5 — 35.9 Earnings before interest and taxes from continuing operations (29.3 ) 127.0 74.8 — 172.5 Interest expense — (1.2 ) (0.1 ) — (1.3 ) Interest income (expense) on notes with MTW - net — 17.3 (0.7 ) — 16.6 Other (expense) income - net (7.8 ) 4.6 2.6 — (0.6 ) Equity in earnings (loss) of subsidiaries 192.0 65.7 — (257.7 ) — Earnings (loss) from continuing operations before income taxes 154.9 213.4 76.6 (257.7 ) 187.2 Income taxes (4.9 ) 21.0 9.8 — 25.9 Net earnings (loss) from continuing operations 159.8 192.4 66.8 (257.7 ) 161.3 Discontinued operations: Loss from discontinued operations, net of income taxes — (0.4 ) — — (0.4 ) Loss on sale of discontinued operations, net of income taxes — — (1.1 ) — (1.1 ) Net earnings (loss) $ 159.8 $ 192.0 $ 65.7 $ (257.7 ) $ 159.8 Other comprehensive income (loss), net of tax (21.9 ) (17.7 ) (18.1 ) 35.8 (21.9 ) Comprehensive income (loss) $ 137.9 $ 174.3 $ 47.6 $ (221.9 ) $ 137.9 Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of December 31, 2014 (In millions) Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ — $ 2.7 $ 13.8 $ — $ 16.5 Accounts receivable — net 2.8 13.1 57.9 (2.8 ) 71.0 Intercompany interest receivable — 0.9 2.3 (3.2 ) — Intercompany short-term note receivable — — 15.8 (15.8 ) — Inventories — net — 83.9 79.3 — 163.2 Deferred income taxes 16.6 — 7.9 (0.8 ) 23.7 Prepaids and other current assets — 7.0 9.3 (1.2 ) 15.1 Total current assets 19.4 107.6 186.3 (23.8 ) 289.5 Property, plant and equipment — net — 86.1 48.2 — 134.3 Goodwill — 860.4 12.4 — 872.8 Other intangible assets — net — 512.4 72.1 — 584.5 Intercompany long-term note receivable — 9.3 183.9 (193.2 ) — Due from affiliates — 3,662.5 — (3,662.5 ) — Investment in subsidiaries 4,805.1 — — (4,805.1 ) — Other non-current assets — 2.8 13.5 0.9 17.2 Total assets $ 4,824.5 $ 5,241.1 $ 516.4 $ (8,683.7 ) $ 1,898.3 Liabilities and Shareholders’ Equity: Current Liabilities: Accounts payable $ — $ 92.1 $ 77.4 $ (2.8 ) $ 166.7 Accrued expenses and other liabilities 1.6 98.0 67.8 (2.0 ) 165.4 Current portion of capital leases — 0.5 — — 0.5 Intercompany interest payable 3.2 — — (3.2 ) — Intercompany short-term note payable — 15.8 — (15.8 ) — Product warranties — 23.6 12.4 — 36.0 Total current liabilities 4.8 230.0 157.6 (23.8 ) 368.6 Long-term capital leases — 2.3 1.3 — 3.6 Deferred income taxes 201.9 — 6.9 9.2 218.0 Pension and postretirement health obligations 37.2 7.5 — (8.3 ) 36.4 Intercompany long-term note payable 193.2 — — (193.2 ) — Due to affiliates 3,130.4 — 532.1 (3,662.5 ) — Investment in subsidiaries — 185.4 — (185.4 ) — Other long-term liabilities 5.6 10.8 3.9 — 20.3 Total non-current liabilities 3,568.3 206.0 544.2 (4,040.2 ) 278.3 Total Equity: Total equity 1,251.4 4,805.1 (185.4 ) (4,619.7 ) 1,251.4 Total liabilities and equity $ 4,824.5 $ 5,241.1 $ 516.4 $ (8,683.7 ) $ 1,898.3 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Twelve Months Ended December 31, 2014 (In millions) Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows From Operations Net cash provided by (used for) operating activities of continuing operations $ 159.1 $ (53.6 ) $ 95.1 $ — $ 200.6 Net cash used for operating activities of discontinued operations — (0.4 ) — — (0.4 ) Net cash provided by (used for) operating activities 159.1 (54.0 ) 95.1 — 200.2 Cash Flows From Investing Capital expenditures — (18.3 ) (7.0 ) — (25.3 ) Intercompany investment — — (82.7 ) 82.7 — Net cash provided by (used for) investing activities — (18.3 ) (89.7 ) 82.7 (25.3 ) Cash Flows From Financing Payments on capital leases — (3.4 ) — — (3.4 ) Proceeds from capital leases — 3.1 — — 3.1 Net transactions with MTW (166.7 ) — — — (166.7 ) Intercompany financing 7.6 75.1 — (82.7 ) — Net cash provided by (used for) financing activities (159.1 ) 74.8 — (82.7 ) (167.0 ) Effect of exchange rate changes on cash — — (1.0 ) — (1.0 ) Net increase in cash and cash equivalents — 2.5 4.4 — 6.9 Balance at beginning of year — 0.2 9.4 — 9.6 Balance at end of year $ — $ 2.7 $ 13.8 $ — $ 16.5 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Twelve Months Ended December 31, 2013 (In millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 1,031.1 $ 754.4 $ (243.7 ) $ 1,541.8 Cost of sales — 712.1 562.5 (243.7 ) 1,030.9 Gross profit — 319.0 191.9 — 510.9 Selling, general and administrative expenses 26.3 138.6 124.8 — 289.7 Other operating expenses — 28.5 5.0 — 33.5 Earnings (loss) before interest and taxes from continuing operations (26.3 ) 151.9 62.1 — 187.7 Interest expense — (0.7 ) (0.3 ) — (1.0 ) Interest income on notes with MTW - net — 17.3 (0.1 ) — 17.2 Other income - net — 0.1 0.6 — 0.7 Equity in earnings of subsidiaries 165.2 46.7 — (211.9 ) — Earnings (loss) from continuing operations before income taxes 138.9 215.3 62.3 (211.9 ) 204.6 Income taxes (7.2 ) 49.1 13.4 — 55.3 Net earnings (loss) from continuing operations 146.1 166.2 48.9 (211.9 ) 149.3 Discontinued operations: Earnings (loss) from discontinued operations, net of income taxes — (1.0 ) 0.5 — (0.5 ) Loss on sale of discontinued operations, net of income taxes — — (2.7 ) — (2.7 ) Net earnings (loss) $ 146.1 $ 165.2 $ 46.7 $ (211.9 ) $ 146.1 Other comprehensive income (loss), net of tax 8.0 2.3 3.1 (5.4 ) 8.0 Comprehensive income (loss) $ 154.1 $ 167.5 $ 49.8 $ (217.3 ) $ 154.1 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Twelve Months Ended December 31, 2013 (In millions) Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows From Operations Net cash provided by operating activities of continuing operations $ 169.7 $ 26.4 $ 8.2 $ — $ 204.3 Net cash used for operating activities of discontinued operations — (2.4 ) — — (2.4 ) Net cash provided by operating activities 169.7 24.0 8.2 — 201.9 Cash Flows From Investing Capital expenditures — (23.5 ) (10.1 ) — (33.6 ) Proceeds from sale of property, plant and equipment — 1.6 — — 1.6 Business acquisitions, net of cash acquired — — (12.2 ) — (12.2 ) Proceeds from sale of business — 0.7 — — 0.7 Intercompany investment — (2.9 ) — 2.9 — Net cash provided by investing activities of continuing operations — (24.1 ) (22.3 ) 2.9 (43.5 ) Net cash used for investing activities of discontinued operations — 0.6 — — 0.6 Net cash provided by investing activities — (23.5 ) (22.3 ) 2.9 (42.9 ) Cash Flows From Financing Payments on capital leases — (2.9 ) — — (2.9 ) Proceeds from capital leases — 3.4 — — 3.4 Net transactions with MTW (171.5 ) — — — (171.5 ) Intercompany financing 1.8 — 1.1 (2.9 ) — Net cash used for financing activities (169.7 ) 0.5 1.1 (2.9 ) (171.0 ) Effect of exchange rate changes on cash — — (0.6 ) — (0.6 ) Net increase in cash and cash equivalents — 1.0 (13.6 ) — (12.6 ) Balance at beginning of year — (0.8 ) 23.0 — 22.2 Balance at end of year $ — $ 0.2 $ 9.4 $ — $ 9.6

Schedule II_ Valuation and Qual

Schedule II: Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Schedule II: Valuation and Qualifying Accounts	AND SUBSIDIARIES Schedule II: Valuation and Qualifying Accounts For The Years Ended December 31, 2015, 2014 and 2013 (dollars in millions) (in millions) Balance at Beginning of Charge to Utilization of Reserve Other, Primarily Impact of Foreign Exchange Balance at end of Year Year End December 31, 2013 Allowance for doubtful accounts $ 3.3 $ 1.7 $ (1.9 ) $ — $ 3.1 Deferred tax valuation allowance 85.9 (5.4 ) (0.2 ) (0.1 ) 80.2 Year End December 31, 2014 Allowance for doubtful accounts 3.1 4.2 (3.2 ) (0.2 ) 3.9 Deferred tax valuation allowance 80.2 $ 36.3 $ (0.4 ) $ (3.0 ) 113.1 Year End December 31, 2015 Allowance for doubtful accounts 3.9 2.5 (2.2 ) (0.2 ) 4.0 Deferred tax valuation allowance 113.1 (0.5 ) (28.2 ) (4.3 ) 80.1

Debt

Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt	9. Debt Senior Secured Credit Facilities On March 3, 2016, the Company entered into a credit agreement (the “2016 Credit Agreement”) for a new senior secured revolving credit facility in an aggregate principal amount of $225.0 million (the “Revolving Facility”) and a senior secured Term Loan B facility in an aggregate principal amount of $975.0 million (the “Term Loan B Facility” and, together with the Revolving Facility, the “Senior Secured Credit Facilities”) with JPMorgan Chase Bank, N.A, as administrative agent and collateral agent, J.P. Morgan Securities LLC, Goldman Sachs Bank USA, HSBC Securities (USA) Inc., and Citigroup Global Markets Inc., on behalf of certain of its affiliates, as joint lead arrangers and joint bookrunners, and certain lenders, as lenders. The Revolving Facility includes (i) a $20.0 million sublimit for the issuance of letters of credit on customary terms, and (ii) a $40.0 million sublimit for swingline loans on customary terms. The Company entered into security and other agreements relating to the 2016 Credit Agreement. Borrowings under the Senior Secured Credit Facilities bear interest at a rate per annum equal to, at the option of MFS, (i) LIBOR plus the applicable margin of approximately 4.75% for term loans subject to a 1.00% LIBOR floor and 1.50% - 2.75% for revolving loans, based on consolidated total leverage, or (ii) an alternate base rate plus the applicable margin, which will be 1.00% lower than for LIBOR loans. The 2016 Credit Agreement contains financial covenants including (a) a Consolidated Interest Coverage Ratio, which measures the ratio of (i) Consolidated EBITDA, as defined in the 2016 Credit Agreement, to (ii) consolidated cash interest expense, (b) a Consolidated Total Leverage Ratio, which measures the ratio of (i) consolidated indebtedness to (ii) Consolidated EBITDA for the most recent four fiscal quarters. The current covenant levels of the financial covenants under the Senior Secured Credit Facility are as set forth below: Fiscal Quarter Ending Consolidated Total Consolidated Interest March 31, 2016 6.25:1.00 2.00:1.00 June 30, 2016 6.25:1.00 2.00:1.00 Obligations of the Company under the Senior Secured Credit Facilities are jointly and severally guaranteed by certain of its existing and future direct and indirectly wholly-owned U.S. subsidiaries (but excluding (i) unrestricted subsidiaries, (ii) immaterial subsidiaries, and (iii) special purpose securitization vehicles). There is a first priority perfected lien on substantially all of the assets and property of the Company and guarantors and proceeds therefrom excluding certain excluded assets. The liens securing the obligations of the Company under the Revolving Facility and the Term Loan B Facility are pari passu. Senior Notes The Company issued 9.50% Senior Notes due 2024 in an aggregate principal amount of $425.0 million (the “Senior Notes”) under an indenture with Wells Fargo Bank, National Association, as trustee (the “Trustee”). The Senior Notes were sold to qualified institutional buyers pursuant to Rule 144A (and outside the United States in reliance on Regulation S) under the Securities Act. The Senior Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of the Company’s domestic restricted subsidiaries that is a borrower or guarantor under the Senior Secured Credit Facilities. The Senior Notes and the subsidiary guarantees are unsecured, senior obligations. The notes are redeemable, at the Company’s option, in whole or in part from time to time, at any time prior to February 15, 2019, at a price equal to 100.0% of the principal amount thereof plus a “make-whole” premium and accrued but unpaid interest to the date of redemption. In addition, the Company may redeem the notes at its option, in whole or in part, at the following redemption prices (expressed as percentages of the principal amount thereof) if redeemed during the 12-month period commencing on February 15 of the years set forth below: Year Percentage 2019 107.1 % 2020 104.8 % 2021 102.4 % 2022 and thereafter 100.0 % The Company must generally offer to repurchase all of the outstanding Senior Notes upon the occurrence of certain specific change of control events at a purchase price equal to 101.0% of the principal amount of Senior Notes purchased plus accrued and unpaid interest to the date of purchase. The indenture provides for customary events of default. Generally, if an event of default occurs (subject to certain exceptions), the Trustee or the holders of at least 25.0% in aggregate principal amount of the then-outstanding Senior Notes may declare all the Senior Notes to be due and payable immediately. Outstanding debt at June 30, 2016 and December 31, 2015 is summarized as follows: (in millions) June 30, December 31, Revolving credit facility $ 32.0 $ — Term Loan B 950.0 — Senior Notes due 2024 425.0 — Other 3.3 2.7 Total debt and capital leases including current portion 1,410.3 2.7 Less current portion and short-term borrowings (1.4 ) (0.4 ) Less unamortized debt issuance costs (39.0 ) — Total long-term debt and capital leases $ 1,369.9 $ 2.3 As of June 30, 2016, the Company had outstanding $3.3 million of other indebtedness that has a weighted-average interest rate of approximately 4.39% per annum. As of June 30, 2016, the Company had $32.0 million of borrowings outstanding under the Revolving Facility. During the quarter ended June 30, 2016, the highest daily borrowing was $49.0 million and the average borrowing was $31.8 million, while the average interest rate was 3.47% per annum. The interest rate fluctuates based upon LIBOR or a Prime rate plus a spread, which is based upon the Consolidated Total Leverage Ratio of the Company. As of June 30, 2016, the spreads for LIBOR and Prime borrowings were 2.75% and 1.75%, respectively, given the Company’s effective Consolidated Total Leverage Ratio for this period. As of June 30, 2016, the Company was in compliance with all affirmative and negative covenants in its debt instruments, inclusive of the financial covenants pertaining to the Senior Secured Credit Facility and the 2024 Senior Notes. Based upon management’s current plans and outlook, management believes the Company will be able to comply with these covenants during the subsequent 12 months. As of June 30, 2016 the Company’s Consolidated Total Leverage Ratio was 5.52:1, while the maximum ratio is 6.25:1 and its Consolidated Interest Coverage Ratio was 3.25:1, above the minimum ratio of 2.00:1. 10. Income Taxes For the three months ended June 30, 2016, the Company recorded a $4.1 million income tax provision, compared to a $17.0 million income tax provision for the three months ended June 30, 2015. The decrease in the Company’s tax provision for the three months ended June 30, 2016, relative to the three months ended June 30, 2015, resulted primarily from a $34.7 million reduction in earnings from operations before income taxes and the relative weighting of foreign earnings before income taxes in the respective periods. For the six months ended June 30, 2016, the Company recorded an $8.7 million income tax provision, compared to a $23.5 million income tax provision for the six months ended June 30, 2015. The decrease in the Company’s tax provision for the six months ended June 30, 2016, relative to the prior year resulted primarily from $2.9 million in tax-related out-of-period balance sheet adjustments related to the Spin-Off that were recognized as discrete adjustments in the income tax provision for the first quarter of 2016. The Company does not believe these adjustments are material to its unaudited consolidated (condensed) financial statements for the six months ended June 30, 2016, or its comparative annual or quarterly financial statements. These adjustments were coupled with a $32.5 million reduction in earnings from operations before income taxes for the six month period ended June 30, 2016 compared to the first six months of 2015. The Company’s effective tax rate varies from the 35% U.S. federal statutory rate due to the relative weighting of foreign earnings before income taxes and foreign effective tax rates that are generally lower than the U.S. federal statutory rate. Foreign earnings are generated from operations in the three reportable segments of Americas, EMEA, and APAC. The Company will continue to periodically evaluate its valuation allowance requirements in light of changing facts and circumstances, and may adjust its deferred tax asset valuation allowances accordingly. It is reasonably possible that the Company will either add to, or reverse a portion of its existing deferred tax asset valuation allowances in the future. Such changes in the deferred tax asset valuation allowances will be reflected in the current operations through the Company’s income tax provision, and could have a material effect on operating results. The Company’s unrecognized tax benefits, including interest and penalties, were $12.1 million and $16.6 million as of June 30, 2016 and December 31, 2015, respectively. The decrease for the six months ended June 30, 2016 related to the portion of the unrecognized tax benefits allocable to the Company that were included in equity and a second quarter reduction in unrecognized tax benefits of $0.4 million. During the next twelve months, it is reasonably possible that unrecognized tax benefits will decrease by $1.2 million due to expiration of statute of limitation periods for the related items. The Company regularly assesses the likelihood of an adverse outcome resulting from examinations to determine the adequacy of its tax reserves. As of June 30, 2016, the Company believes that it is more likely than not that the tax positions it has taken will be sustained upon the resolution of its audits resulting in no material impact on its consolidated financial position and the results of operations and cash flows. However, the final determination with respect to any tax audits, and any related litigation, could be materially different from the Company’s estimates and/or from its historical income tax provisions and accruals and could have a material effect on operating results and/or cash flows in the periods for which that determination is made. In addition, future period earnings may be adversely impacted by litigation costs, settlements, penalties, and/or interest assessments.

Equity

Equity	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Equity	11. Equity On March 4, 2016, MTW distributed 137.0 million shares of MFS common stock to MTW’s shareholders on a pro rata basis, and MFS became an independent publicly traded company with each shareholder receiving one share of its common stock for each share of MTW common stock held by the shareholder on February 22, 2016, the record date for the distribution. Any fractional shares of its common stock otherwise issuable to MTW shareholders were aggregated into whole shares and sold on the open market, and the fractional shareholders will receive a pro rata share of the proceeds of the sale, after deducting any taxes required to be withheld and after deducting an amount equal to all brokerage fees and other costs attributed to the sale. On March 3, 2016, prior to the completion of the Spin-Off, MFS paid a one-time cash dividend to MTW of $1.362 billion. MFS did not declare or pay any other dividends to its stockholders during the three or six months ended June 30, 2016 or June 30, 2015, respectively. The following is a roll forward of equity for the six months ended June 30, 2016 and 2015: (in millions, except share data) Shares Common Additional Retained Net Parent Accumulated Total Equity Balance at December 31, 2015 — $ — $ — $ — $ 1,253.2 $ (44.5 ) $ 1,208.7 Net earnings — — — 17.9 15.3 — 33.2 Net transfers to MTW — — — — (1,362.0 ) — (1,362.0 ) Separation related adjustments — — — — (1.0 ) (47.4 ) (48.4 ) Reclassification of net investment to additional paid-in capital — — (94.5 ) — 94.5 — — Issuance of common stock at Spin-off 137,016,712 1.4 (1.4 ) — — — — Issuance of common stock, equity-based compensation plans 165,894 — 1.1 — — — 1.1 Stock-based compensation expense — — 3.4 — — — 3.4 Adjustment from Spin-off — — 0.6 — — — 0.6 Other comprehensive income (loss) — — — — — 52.3 52.3 Balance at June 30, 2016 137,182,606 $ 1.4 $ (90.8 ) $ 17.9 $ — $ (39.6 ) $ (111.1 ) (in millions, except share data) Shares Common Additional Retained Net Parent Accumulated Total Equity Balance at December 31, 2014 — $ — $ — $ — $ 1,272.1 $ (20.7 ) $ 1,251.4 Net earnings — — — — 50.9 — 50.9 Other comprehensive income (loss) — — — — — (10.3 ) (10.3 ) Net increase in net parent company investment — — — — 30.3 — 30.3 Balance at June 30, 2015 — $ — $ — $ — $ 1,353.3 $ (31.0 ) $ 1,322.3 Reconciliations for the changes in accumulated other comprehensive income (loss), net of tax, by component for the three and six months ended June 30, 2016 and 2015 are as follows: (in millions) Foreign Gains and Losses Pension & Total Balance at December 31, 2015 $ (7.9 ) $ (1.8 ) $ (34.8 ) $ (44.5 ) Other comprehensive income (loss) before reclassifications 17.2 0.3 (9.4 ) 8.1 Amounts reclassified from accumulated other comprehensive income (loss) — 0.6 0.5 1.1 Net current period other comprehensive income (loss) 17.2 0.9 (8.9 ) 9.2 Balance at March 31, 2016 $ 9.3 $ (0.9 ) $ (43.7 ) $ (35.3 ) Other comprehensive (loss) income before reclassifications (6.1 ) 1.1 0.1 (4.9 ) Amounts reclassified from accumulated other comprehensive income (loss) — 0.4 0.2 0.6 Net current period other comprehensive income (loss) (6.1 ) 1.5 0.3 (4.3 ) Balance at June 30, 2016 $ 3.2 $ 0.6 $ (43.4 ) $ (39.6 ) (in millions) Foreign Currency Gains and Losses Pension & Total Balance at December 31, 2014 $ 17.3 $ (1.0 ) $ (37.0 ) $ (20.7 ) Other comprehensive income (loss) before reclassifications (11.1 ) (2.4 ) 1.4 (12.1 ) Amounts reclassified from accumulated other comprehensive income (loss) — 0.7 0.3 1.0 Net current period other comprehensive income (loss) (11.1 ) (1.7 ) 1.7 (11.1 ) Balance at March 31, 2015 $ 6.2 $ (2.7 ) $ (35.3 ) $ (31.8 ) Other comprehensive (loss) income before reclassifications 1.3 0.1 (1.4 ) — Amounts reclassified from accumulated other comprehensive income (loss) — 0.6 0.2 0.8 Net current period other comprehensive income (loss) 1.3 0.7 (1.2 ) 0.8 Balance at June 30, 2015 $ 7.5 $ (2.0 ) $ (36.5 ) $ (31.0 ) The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2016: Three Months Ended Six Months Ended June 30, 2016 (in millions) Amount Reclassified from Amount Reclassified from Recognized Gains and losses on cash flow hedges Foreign exchange contracts $ — $ (0.1 ) Cost of sales Commodity contracts (0.3 ) (1.2 ) Cost of sales $ (0.3 ) $ (1.3 ) Total before tax 0.1 0.5 Tax expense $ (0.2 ) $ (0.8 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.7 ) $ (1.3 )(a) $ (0.7 ) $ (1.3 ) Total before tax 0.3 0.5 Tax benefit $ (0.4 ) $ (0.8 ) Net of tax Total reclassifications for the period $ (0.6 ) $ (1.6 ) Net of tax The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2015: Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 (in millions) Amount Reclassified from Amount Reclassified from Recognized Gains and losses on cash flow hedges Foreign exchange contracts $ (0.4 ) $ (0.9 ) Cost of sales Commodity contracts (0.6 ) (1.2 ) Cost of sales $ (1.0 ) $ (2.1 ) Total before tax 0.4 0.8 Tax expense $ (0.6 ) $ (1.3 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.2 ) $ (0.5 )(a) $ (0.2 ) $ (0.5 ) Total before tax — — Tax benefit $ (0.2 ) $ (0.5 ) Net of tax Total reclassifications for the period, net of tax $ (0.8 ) $ (1.8 ) Net of tax (a) These other comprehensive income (loss) components are included in the net periodic pension cost (see Note 16, “Employee Benefit Plans,” for further details).

Summary of Significant Accoun39

Summary of Significant Accounting Policies (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Cash, Cash Equivalents, and Restricted Cash		Cash, Cash Equivalents, and Restricted Cash
Inventories		Inventories
Goodwill and Other Intangible Assets		Goodwill and Other Intangible Assets Useful lives Patents 10-20 years Engineering drawings 15 years Customer relationships 10-20 years
Property, Plant and Equipment		Property, Plant and Equipment Property, plant and equipment are depreciated over the following estimated useful lives: Years Building and improvements 2 - 40 Machinery, equipment and tooling 2 - Furniture and fixtures 3 - 15 Computer hardware and software 2 - 7
Impairment of Long-Lived Assets		Impairment of Long-Lived Assets For property, plant and equipment and other long-lived assets, other than goodwill and other indefinite lived intangible assets, MFS performs undiscounted operating cash flow analyses to determine impairments. If an impairment is determined to exist, any related impairment loss is calculated based upon comparison of the fair value to the net book value of the assets. Impairment losses on assets held for sale are based on the estimated proceeds to be received, less costs to sell. Each year, as of June 30, MFS tests for impairment of goodwill according to a two-step approach. In the first step, MFS estimates the fair values of its reporting units using the present value of future cash flows approach. If the carrying amount exceeds the fair value, the second step of the goodwill impairment test is performed to measure the amount of the impairment loss, if any. In the second step, the implied fair value of the goodwill is estimated as the fair value of the reporting unit used in the first step less the fair values of all other net tangible and intangible assets of the reporting unit. If the carrying amount of the goodwill exceeds its implied fair market value, an impairment loss is recognized in an amount equal to that excess, not to exceed the carrying amount of the goodwill. In addition, goodwill of a reporting unit is tested for impairment between annual tests if an event occurs or circumstances change that would more-likely-than-not reduce the fair value of a reporting unit below its carrying value. For other indefinite lived intangible assets, the impairment test consists of a comparison of the fair value of the intangible assets to their carrying amount. See Note 9, “Goodwill and Other Intangible Assets,” for further details on our impairment assessments.
Warranties		Warranties
Environmental Liabilities		Environmental Liabilities
Product Liabilities		Product Liabilities
Foreign Currency Translation		Foreign Currency Translation
Derivative Financial Instruments and Hedging Activities		Derivative Financial Instruments and Hedging Activities MTW has and MFS has adopted substantially similar written policies and procedures that place all financial instruments under the direction of corporate treasury and restrict all derivative transactions to those intended for hedging purposes. The use of financial instruments for trading purposes is strictly prohibited. MTW used and MFS continues to use financial instruments to manage the market risk from changes in foreign exchange rates, commodities and interest rates. MFS follows the guidance in accordance with ASC Subtopic 815-10, “Derivatives and Hedging.” The fair values of all derivatives are recorded in the combined balance sheets. The change in a derivative’s fair value is recorded each period in current earnings or AOCI depending on whether the derivative is designated and qualifies as part of a hedge transaction and if so, the type of hedge transaction. During 2015, 2014 and 2013, minimal amounts were recognized in earnings due to ineffectiveness of certain commodity hedges. The amount reported as derivative instrument fair market value adjustment in the AOCI account within the combined statements of comprehensive income (loss) represents the net gain (loss) on foreign currency exchange contracts and commodity contracts designated as cash flow hedges, net of income taxes. Cash Flow Hedges
Stock-Based Compensation		Stock-Based Compensation
Revenue Recognition		Revenue Recognition
Research and Development		Research and Development
Income Taxes		Income Taxes MFS recognizes deferred tax assets and liabilities for the expected future income tax consequences of events that have been recognized in MFS’ financial statements. Deferred tax assets and liabilities are determined based on the temporary difference between financial statement carrying amounts and the tax basis of assets and liabilities using enacted tax rates in effect in the years in which the temporary differences are expected to reverse. Valuation allowances are provided for deferred tax assets where it is considered more likely than not that the Company will not realize the benefit of such assets. MFS evaluates its uncertain tax positions as new information becomes available. Tax benefits are recognized to the extent a position is more likely than not to be sustained upon examination by the taxing authority. With the exception of certain separate filing Foodservice U.S. and non-U.S. entities that will transfer to MFS after the Spin-Off, current income tax liabilities were deemed to settle immediately with MTW tax paying entities in the respective jurisdictions. These settlements were reflected as changes in the net parent company investment account.
Comprehensive Income (Loss)		Comprehensive Income (Loss)
Concentration of Credit Risk		Concentration of Credit Risk
Recent accounting changes and pronouncements	Recent Accounting Changes and Pronouncements On March 30, 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-09, “Stock Compensation (Topic 718)” which simplifies several aspects of the accounting for share-based payment award transactions. This ASU requires that all excess tax benefits and tax deficiencies should be recognized as income tax expense or benefit on the income statement. The excess tax items should be classified with other income tax cash flows as an operating activity. This ASU also allows an entity to account for forfeitures when they occur rather than the current U.S. GAAP practice where an entity makes an entity-wide accounting policy election to estimate the number of awards that are expected to vest. This ASU is effective for public companies for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years with early adoption permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements. On February 25, 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” which requires lessees to recognize right-of-use assets and lease liability, initially measured at present value of the lease payments, on its balance sheet for leases with terms longer than 12 months and classified as either financing or operating leases. ASU 2016-02 requires a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and provides certain practical expedients that companies may elect. This ASU is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years with early adoption permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, “Financial Instruments (Subtopic 825-10)—Recognition and Measurement of Financial Assets and Financial Liabilities.” This ASU provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. This ASU is effective for annual and interim periods beginning after December 15, 2017, and early adoption is not permitted. The Company is currently evaluating the impact the adoption of this ASU will have on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes (Subtopic 740-10).” ASU 2015-17 simplifies the presentation of deferred income taxes by eliminating the requirement for companies to present deferred tax liabilities and assets as current and non-current on the balance sheet. Instead, companies will be required to classify all deferred tax assets and liabilities as non-current. This guidance is effective for annual and interim periods beginning after December 15, 2016 and early adoption is permitted. The Company early adopted this ASU on a prospective basis as of December 31, 2015. Prior periods were not retrospectively adjusted. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations (Topic 805)—Simplifying the Accounting for Measurement-Period Adjustments.” The amendments in this ASU require that an acquirer in a business combination recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, rather than as retrospective adjustments. The amendments in this ASU are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments in this ASU should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this ASU with earlier application permitted for financial statements that have not been issued. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on the Company’s consolidated (condensed) financial statements. In August 2015, the FASB issued ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements.” This ASU clarifies the guidance related to accounting for debt issuance costs related to line-of-credit arrangements. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability. With the issuance of ASU 2015-15, the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The Company adopted this accounting guidance in the first quarter of fiscal year 2016 and its impact is presented in the consolidated (condensed) financial statements. In July 2015, the FASB issued ASU No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” This ASU changes the guidance on accounting for inventory accounted for on a first-in first-out basis (FIFO). Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a last-in, first-out basis (LIFO). The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2016. The Company believes the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This ASU provides guidance on accounting for a software license in a cloud computing arrangement. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. Further, all software licenses are within the scope of Accounting Standards Codification (“ASC”) Subtopic 350-40 and will be accounted for consistent with other licenses of intangible assets. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 820)—Amendments to the Consolidation Analysis.” This ASU amends the current consolidation guidance for both the variable interest entity (VIE) and voting interest entity (VOE) consolidation models. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items.” This update eliminates from U.S. GAAP the concept of extraordinary items. This ASU is effective for the first interim period within fiscal years beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. A reporting entity may apply the amendments prospectively or retrospectively to all prior periods presented in the financial statements. The Company adopted this accounting guidance in the first quarter of fiscal year 2016. The adoption of this ASU did not have a material impact on its consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements—Going Concern.” This update provides guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and to provide related footnote disclosures. This ASU is effective in the first annual period ending after December 15, 2016, with early adoption permitted. The Company believes the adoption of this ASU will not have a material impact on its consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This ASU provides a principles-based approach to revenue recognition to record the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU provides a five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, identify the performance obligations in the contact, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when each performance obligation is satisfied. The revenue standard is effective for the first interim period within fiscal years beginning after December 15, 2017 (as finalized by the FASB in August 2015 in ASU 2015-14 and as updated by ASUs 2016-10, 2016-11 and 2016-12), and can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of initial application along with additional disclosures. Early adoption is permitted as of the original effective date—the first interim period within fiscal years beginning after December 15, 2016. The Company is evaluating the impact the adoption of this ASU will have on its consolidated financial statements.	Recent accounting changes and pronouncements On February 25, 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842)” which requires lessees to recognize right-of-use assets and lease liability, initially measured at present value of the lease payments, on its balance sheet for leases with terms longer than 12 months and classified as either financing or operating leases. ASU 2016-02 requires a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and provides certain practical expedients that companies may elect. ASU 2016-02 is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. We are currently evaluating the effects that the adoption of ASU 2016-02 will have on our consolidated financial statements. In January 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-01, “Financial Instruments (Subtopic 825-10) - Recognition and Measurement of Financial Assets and Financial Liabilities.” This update provides guidance for the recognition, measurement, presentation, and disclosure of financial instruments. This guidance is effective for annual and interim periods beginning after December 15, 2017, and early adoption is not permitted. The Company is evaluating the impact, if any, the adoption of this ASU will have on the Company’s consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes (Subtopic 740-10).” ASU 2015-17 simplifies the presentation of deferred income taxes by eliminating the requirement for companies to present deferred tax liabilities and assets as current and non-current on the balance sheet. Instead, companies will be required to classify all deferred tax assets and liabilities as non-current. This guidance is effective for annual and interim periods beginning after December 15, 2016 and early adoption is permitted. We early adopted this ASU on a prospective basis as of December 31, 2015. Prior periods were not retrospectively adjusted. In September 2015, the FASB issued ASU No. 2015-16, “Business Combinations (Topic 805) - Simplifying the Accounting for Measurement-Period Adjustments.” The amendments in this ASU require that an acquirer in a business combination recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined, rather than as retrospective adjustments. The amendments in this ASU are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The amendments in this ASU should be applied prospectively to adjustments to provisional amounts that occur after the effective date of this ASU with earlier application permitted for financial statements that have not been issued. We believe the adoption of this ASU will not have a material impact on our combined financial statements. In August 2015, the FASB issued ASU No. 2015-15, “Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements.” This ASU clarifies the guidance related to accounting for debt issuance costs related to line-of-credit arrangements. In April 2015, the FASB issued ASU 2015-03 which requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that debt liability; see further discussion of ASU 2015-03 below. The guidance in ASU 2015-03 did not address presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, the SEC staff would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. This ASU will be effective beginning in the interim period ended March 31, 2016 and will not affect the prior periods presented. In July 2015, the FASB issued ASU No. 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory.” This ASU changes the guidance on accounting for inventory accounted for on a first-in first-out basis (FIFO). Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a last-in, first-out basis (LIFO). The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2016. We believe the adoption of this ASU will not have a material impact on our combined financial statements. In April 2015, the FASB issued ASU No. 2015-05, “Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This update provides guidance on accounting for a software license in a cloud computing arrangement. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. Further, all software licenses are within the scope of Accounting Standards Codification Subtopic 350-40 and will be accounted for consistent with other licenses of intangible assets. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. We believe the adoption of this ASU will not have a material impact on our combined financial statements. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs.” To simplify the presentation of debt issuance costs, this update requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts, rather than as a deferred asset. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015, with early application permitted. This ASU will be effective beginning in the interim period ended March 31, 2016 and will not affect the prior periods presented. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 820)—Amendments to the Consolidation Analysis.” This update amends the current consolidation guidance for both the variable interest entity (VIE) and voting interest entity (VOE) consolidation models. The amendments in this ASU are effective for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2015. MFS believes the adoption of this ASU will not have a material impact on its combined financial statements. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items.” This update eliminates from GAAP the concept of extraordinary items. ASU 2015-01 is effective for the first interim period within fiscal years beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. A reporting entity may apply the amendments prospectively or retrospectively to all prior periods presented in the financial statements. MFS believes the adoption of this ASU will not have a material impact on its combined financial statements. In August 2014, the FASB issued ASU No. 2014-15, “Presentation of Financial Statements—Going Concern.” This update provided guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective in the first annual period ending after December 15, 2016, with early adoption permitted. MFS believes the adoption of this ASU will not have a material impact on its combined financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This update provided a principles-based approach to revenue recognition to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU provides a five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, identify the performance obligations in the contact, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when each performance obligation is satisfied. The revenue standard is effective for the first interim period within fiscal years beginning after December 15, 2017 (as finalized by the FASB in August 2015 in ASU 2015-14), and can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of initial application along with additional disclosures. Early adoption is permitted as of the original effective date—the first interim period within fiscal years beginning after December 15, 2016. MFS is evaluating the impact, if any, the adoption of this ASU will have on its combined financial statements. In April 2014, the FASB issued ASU No. 2014-08, “Presentation of Financial Statements and Property, Plant, and Equipment: Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” This ASU changes the requirements for reporting discontinued operations in Accounting Standards Codification Subtopic 205-20, and now requires a disposal of a component of an entity or a group of components of an entity to be reported in discontinued operations only if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. There will also be additional disclosures required. The amendments in this ASU are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2014. The significance of this guidance for MFS is dependent on any future disposals.
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated (condensed) financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). All intercompany balances and transactions between the Company and its affiliates have been eliminated. During the periods presented prior to the Spin-Off on March 4, 2016, the Company’s financial statements were prepared on a combined standalone basis derived from the consolidated financial statements and accounting records of MTW. The Company functioned as part of the larger group of companies controlled by MTW. Accordingly, MTW performed certain corporate overhead functions for the Company. Therefore, certain costs related to the Company have been allocated from MTW for the portion of the three months ended March 31, 2016 up to the Spin-Off on March 4, 2016 and for the entirety of the three months ended March 31, 2015. These allocated costs are primarily related to: 1) corporate officers, 2) employee benefits and compensation, 3) share-based compensation, and 4) certain administrative functions, which are not provided at the business level including, but not limited to, finance, treasury, tax, audit, legal, information technology, human resources, and investor relations. Where possible, these costs were allocated based on direct usage, with the remainder allocated on a basis of revenue, headcount, or other measures the Company determined as reasonable. Management of the Company believes the assumptions underlying the unaudited consolidated (condensed) financial statements, including the assumptions regarding the allocated expenses, reasonably reflect the utilization of services provided to or the benefit received by the Company during the periods presented. Nevertheless, the accompanying unaudited consolidated (condensed) financial statements may not be indicative of the Company’s future performance, and do not necessarily include all of the actual expenses that would have been incurred by the Company and may not reflect the results of operations, financial position, and cash flows had the Company been a standalone company during the entirety of the periods presented.

Summary of Significant Accoun40

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Other Intangible Assets	Other intangible assets are amortized straight-line over the following estimated useful lives: Useful lives Patents 10-20 years Engineering drawings 15 years Customer relationships 10-20 years
Schedule of Estimated Useful Lives of Property, Plant and Equipment	Property, plant and equipment are depreciated over the following estimated useful lives: Years Building and improvements 2 - 40 Machinery, equipment and tooling 2 - Furniture and fixtures 3 - 15 Computer hardware and software 2 - 7

Discontinued Operations and D41

Discontinued Operations and Divestitures (Tables)	12 Months Ended
	Dec. 31, 2015
Jackson
Summary of Selected Financial Data of Businesses Which Are Classified As Discontinued Operations	The following selected financial data of the Jackson business for the years ended December 31, 2015, 2014, and 2013, is presented for informational purposes only and does not necessarily reflect what the results of operations would have been had the business operated as a stand-alone entity. There was no general corporate expense or interest expense allocated to discontinued operations for this business during the periods presented. (in millions) 2015 2014 2013 Net sales $ — $ — $ 2.5 Pretax earnings from discontinued operation — — 0.1 Benefit for taxes on earnings — — (0.4 ) Net earnings from discontinued operation $ — $ — $ 0.5
Business Disposed Prior to 2012
Summary of Selected Financial Data of Businesses Which Are Classified As Discontinued Operations	The following selected financial data of various businesses disposed of prior to 2012, primarily consisting of administrative costs, for the years ended December 31, 2015, 2014, and 2013, is presented for informational purposes only and does not necessarily reflect what the results of operations would have been had the businesses operated as stand-alone entities. There was no general corporate expense or interest expense allocated to discontinued operations for these businesses during the periods presented. (in millions) 2015 2014 2013 Net sales $ — $ — $ — Pretax earnings (loss) from discontinued operations $ 0.2 $ (0.7 ) $ (1.6 ) Provision (benefit) for taxes on earnings 0.1 (0.3 ) (0.6 ) Net earnings (loss) from discontinued operations $ 0.1 $ (0.4 ) $ (1.0 )

Fair Value of Financial Instr42

Fair Value of Financial Instruments (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Financial assets and liabilities accounted for at fair value on a recurring basis by level within the fair value hierarchy	The following tables set forth financial assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of June 30, 2016 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 1.3 $ — $ 1.3 Commodity contracts — 0.1 — 0.1 Total current assets at fair value $ — $ 1.4 $ — $ 1.4 Non-current Assets: Commodity contracts — 0.1 — 0.1 Total non-current assets at fair value — 0.1 — 0.1 Total assets at fair value $ — $ 1.5 $ — $ 1.5 Current Liabilities: Foreign currency exchange contracts $ — $ 0.9 $ — $ 0.9 Commodity contracts — 0.7 — 0.7 Total current liabilities at fair value $ — $ 1.6 $ — $ 1.6 Total liabilities at fair value $ — $ 1.6 $ — $ 1.6 Fair Value as of December 31, 2015 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ — $ — $ — Total current assets at fair value $ — $ — $ — $ — Total assets at fair value $ — $ — $ — $ — Current Liabilities: Foreign currency exchange contracts $ — $ 0.1 $ — $ 0.1 Commodity contracts — 3.1 — 3.1 Total current liabilities at fair value $ — $ 3.2 $ — $ 3.2 Non-current Liabilities: Commodity contracts $ — $ 0.4 $ — $ 0.4 Total non-current liabilities at fair value $ — $ 0.4 $ — $ 0.4 Total liabilities at fair value $ — $ 3.6 $ — $ 3.6	The following tables sets forth financial assets and liabilities which were attributable to MFS and were accounted for at fair value on a recurring basis as of December 31, 2015 and 2014 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of December 31, 2015 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ — $ — $ — Total current assets at fair value $ — $ — $ — $ — Total assets at fair value $ — $ — $ — $ — Current Liabilities: Foreign currency exchange contracts $ — $ 0.1 $ — $ 0.1 Commodity contracts — 3.1 — 3.1 Total current liabilities at fair value $ — $ 3.2 $ — $ 3.2 Non-current Liabilities: Commodity contracts $ — $ 0.4 $ — $ 0.4 Total non-current liabilities at fair value $ — $ 0.4 $ — $ 0.4 Total liabilities at fair value $ — $ 3.6 $ — $ 3.6 Fair Value as of December 31, 2014 (in millions) Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ — $ — $ — Total current assets at fair value $ — $ — $ — $ — Total assets at fair value $ — $ — $ — $ — Current Liabilities: Foreign currency exchange contracts $ — $ 0.7 $ — $ 0.7 Commodity contracts — 0.7 — 0.7 Total current liabilities at fair value $ — $ 1.4 $ — $ 1.4 Non-current Liabilities: Interest rate swap contracts: Fixed-to-float $ — $ — $ — $ — Total non-current liabilities at fair value $ — $ 0.3 $ — $ 0.3 Total liabilities at fair value $ — $ 1.7 $ — $ 1.7

Derivative Financial Instrume43

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2015
Schedule of the Fair Value of Outstanding Derivative Contracts Recorded As Liabilities in the Accompanying Consolidated Balance Sheet	The fair value of outstanding derivative contracts recorded as liabilities in the accompanying combined balance sheet as of December 31, 2015 was as follows: LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.1 Commodity contracts Accounts payable and accrued expenses 2.4 Commodity contracts Other non-current liabilities 0.3 Total derivatives designated as hedging instruments $ 2.8 LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Commodity Contracts Accounts payable and accrued expenses $ 0.7 Commodity Contracts Other non-current liabilities 0.1 Total derivatives NOT designated as hedging instruments $ 0.8 Total liability derivatives $ 3.6 The fair value of outstanding derivative contracts recorded as liabilities in the accompanying combined balance sheet as of December 31, 2014 was as follows: LIABILITIES DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.6 Commodity contracts Accounts payable and accrued expenses 0.7 Commodity contracts Other non-current liabilities 0.3 Total derivatives designated as hedging instruments $ 1.6 LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.1 Total derivatives NOT designated as hedging instruments $ 0.1 Total liability derivatives $ 1.7 The fair value of outstanding derivative contracts recorded as liabilities in the accompanying combined balance sheet as of December 31, 2013, was as follows: LIABILITIES DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ 0.4 Commodity contracts Accounts payable and accrued expenses 0.4 Total derivatives designated as hedging instruments $ 0.8 LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Foreign exchange contracts Accounts payable and accrued expenses $ — Total derivatives NOT designated as hedging instruments $ — Total liability derivatives $ 0.8
Schedule of the Effect of Derivative Instruments on the Consolidated Statement of Operations for Gains or Losses Initially Recognized in Other Comprehensive Income (OCI) in the Consolidated Balance Sheet	The effect of derivative instruments on the combined statement of operations for the year ended December 31, 2015 and gains or losses initially recognized in AOCI in the combined balance sheet were as follows: Derivatives in Cash Flow Hedging Relationships (in millions) Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax) Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Foreign exchange contracts $ 0.3 Cost of sales $ (1.4 ) Commodity contracts (1.1 ) Cost of sales (3.4 ) Total $ (0.8 ) $ (4.8 ) Derivatives Relationships (in Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Commodity contracts Cost of sales $ 0.1 Total $ 0.1 Derivatives Not Designated as Hedging Instruments (in millions) Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivative Foreign exchange contracts Other (expense) income, net $ 0.1 Commodity contracts - ST Other (expense) income, net (0.7 ) Commodity contracts - LT Other (expense) income, net (0.1 ) Total $ (0.7 ) The effect of derivative instruments on the combined statement of operations for the year ended December 31, 2014, and gains or losses initially recognized in AOCI in the combined balance sheet were as follows: Derivatives in Cash Flow Hedging Relationships (in millions) Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Foreign exchange contracts $ (0.1 ) Cost of sales $ (0.9 ) Commodity contracts (0.5 ) Cost of sales (0.3 ) Total $ (0.6 ) $ (1.2 ) Derivatives Relationships (in Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion Effectiveness Testing) Commodity contracts Cost of sales $ 0.1 Total $ 0.1 Derivatives Not Designated as Hedging Instruments (in millions) Location of Gain or (Loss) Recognized in Income on Derivative Amount of Gain or (Loss) Recognized in Income on Derivative Foreign exchange contracts Other (expense) income, net $ — Total $ — The effect of derivative instruments on the combined statement of operations for the year ended December 31, 2013, and gains or losses initially recognized in AOCI in the combined balance sheet were as follows: Derivatives in Cash Flow Hedging Relationships (in millions) Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax) Location of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion) Foreign exchange contracts $ (0.3 ) Cost of sales $ (0.4 ) Commodity contracts 0.3 Cost of sales (1.5 ) Total $ — $ (1.9 ) Derivatives Relationships (in Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing) Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion Effectiveness Testing) Commodity contracts Cost of sales $ 0.1 Total $ 0.1
Schedule of the Fair Value of Outstanding Derivative Contracts Recorded As Assets in the Accompanying Consolidated Balance Sheet	The fair value of outstanding derivative contracts recorded as assets in the accompanying combined balance sheet as of December 31, 2013, was as follows: ASSET DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives designated as hedging instruments Foreign exchange contracts Other current assets $ — Commodity contracts Other current assets 0.1 Total derivatives designated as hedging instruments $ 0.1 ASSET DERIVATIVES (in millions) Balance Sheet Location Fair Value Derivatives NOT designated as hedging instruments Foreign exchange contracts Other current assets $ — Total derivatives NOT designated as hedging instruments $ — Total asset derivatives $ 0.1
Designated as Hedging Instrument
Schedule of Outstanding Commodity and Currency Forward Contracts	As of December 31, 2015, MFS had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Commodity Units Hedged Type Aluminum 1,215 MT Cash flow Copper 472 MT Cash flow Natural gas 49,396 MMBtu Cash flow Steel 11,073 Short Tons Cash flow Currency Units Hedged Type Canadian Dollar 587,556 Cash flow European Euro 231,810 Cash Flow Great British Pound 113,115 Cash Flow Mexican Peso 28,504,800 Cash flow As of December 31, 2014, MFS had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Commodity Units Hedged Type Aluminum 1,657 MT Cash flow Copper 820 MT Cash flow Natural gas 56,792 MMBtu Cash flow Steel 12,634 Short Tons Cash flow Currency Units Hedged Type Canadian Dollar 7,984,824 Cash Flow Mexican Peso 52,674,383 Cash Flow As of December 31, 2013, MFS had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Commodity Units Hedged Type Aluminum 1,622 MT Cash flow Copper 382 MT Cash flow Natural gas 149,994 MMBtu Cash flow Steel 8,806 Short Tons Cash flow Currency Units Hedged Type Canadian Dollar 10,422,932 Cash Flow European Euro 13,447,750 Cash Flow United States Dollar 2,100,000 Cash Flow
Not Designated as Hedging Instrument
Schedule of Outstanding Commodity and Currency Forward Contracts	As of December 31, 2015, MFS had the following outstanding currency forward contracts that were not designated as hedging instruments: Currency Units Hedged Recognized Location Purpose Canadian Dollar 1,117,850 Other (expense) income, net Accounts payable and receivable settlement As of December 31, 2014, MFS had the following outstanding currency forward contracts that were not designated as hedging instruments: Currency Units Hedged Recognized Location Purpose European Euro 2,172,068 Other (expense) income, net Accounts payable and receivable settlement Mexican Peso 3,151,000 Other (expense) income, net Accounts payable and receivable settlement Canadian Dollar 2,516 Other (expense) income, net Accounts payable and receivable settlement

Inventories (Tables)

Inventories (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Components of inventories	The components of inventories at June 30, 2016 and December 31, 2015 are summarized as follows: (in millions) June 30, December 31, Inventories — gross: Raw materials $ 74.1 $ 70.7 Work-in-process 19.4 18.7 Finished goods 98.2 83.4 Total inventories — gross 191.7 172.8 Excess and obsolete inventory reserve (24.7 ) (23.5 ) Net inventories at FIFO cost 167.0 149.3 Excess of FIFO costs over LIFO value (3.4 ) (3.4 ) Inventories — net $ 163.6 $ 145.9	The components of inventories at December 31, 2015 and December 31, 2014 are summarized as follows: (in millions) 2015 2014 Inventories — gross: Raw materials $ 70.7 $ 77.2 Work-in-process 18.7 21.5 Finished goods 83.4 87.9 Total inventories — gross 172.8 186.6 Excess and obsolete inventory reserve (23.5 ) (20.3 ) Net inventories at FIFO cost 149.3 166.3 Excess of FIFO costs over LIFO value (3.4 ) (3.1 ) Inventories — net $ 145.9 $ 163.2

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Components of property, plant and equipment	The components of property, plant and equipment at June 30, 2016 and December 31, 2015 are summarized as follows: (in millions) June 30, December 31, Land $ 7.3 $ 7.3 Building and improvements 91.8 94.3 Machinery, equipment and tooling 213.2 216.0 Furniture and fixtures 6.0 6.2 Computer hardware and software 53.8 51.2 Construction in progress 10.2 9.8 Total cost 382.3 384.8 Less accumulated depreciation (270.9 ) (268.4 ) Property, plant and equipment — net $ 111.4 $ 116.4	The components of property, plant and equipment at December 31, 2015 and December 31, 2014 are summarized as follows: (in millions) 2015 2014 Land $ 7.3 $ 6.6 Building and improvements 94.3 100.1 Machinery, equipment and tooling 216.0 237.0 Furniture and fixtures 6.2 6.6 Computer hardware and software 51.2 58.5 Construction in progress 9.8 12.7 Total cost 384.8 421.5 Less accumulated depreciation (268.4 ) (287.2 ) Property, plant and equipment - net $ 116.4 $ 134.3

Goodwill and Other Intangible46

Goodwill and Other Intangible Assets (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in goodwill by reportable segment	The changes in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2016, were as follows: (in millions) Americas EMEA APAC Total Balance as of December 31, 2015 $ 832.6 $ 4.8 $ 8.4 $ 845.8 Foreign currency impact — 0.1 — 0.1 Balance as of June 30, 2016 $ 832.6 $ 4.9 $ 8.4 $ 845.9	The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2015, 2014 and 2013 were as follows: (in millions) Americas EMEA APAC Total Gross balance as of January 1, 2013 $ 1,172.8 $ 204.5 $ 7.4 $ 1,384.7 Acquisition of Inducs — 5.0 — 5.0 Restructuring reserve adjustment (0.7 ) — — (0.7 ) Foreign currency impact 0.6 (0.6 ) 0.1 0.1 Gross balance as of December 31, 2013 1,172.7 208.9 7.5 1,389.1 Accumulated asset impairments (312.2 ) (203.5 ) — (515.7 ) Net balance as of December 31, 2013 860.5 5.4 7.5 873.4 Foreign currency impact — (0.5 ) (0.1 ) (0.6 ) Gross balance as of December 31, 2014 1,172.7 208.4 7.4 1,388.5 Accumulated asset impairments (312.2 ) (203.5 ) — (515.7 ) Net balance as of December 31, 2014 860.5 4.9 7.4 872.8 Foreign currency impact — (0.1 ) (0.4 ) (0.5 ) Impact of acquisitions and divestitures (27.9 ) — 1.4 (26.5 ) Gross balance as of December 31, 2015 1,144.8 208.3 8.4 1,361.5 Accumulated asset impairments (312.2 ) (203.5 ) — (515.7 ) Net balance as of December 31, 2015 $ 832.6 $ 4.8 $ 8.4 $ 845.8
Schedule of Indefinitive Live Intangible Assets Other Than Goodwill		The gross carrying amount and accumulated amortization of MFS’ intangible assets other than goodwill are as follows as of December 31, 2015 and December 31, 2014: December 31, 2015 December 31, 2014 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 175.1 $ — $ 175.1 $ 199.4 $ — $ 199.4 Customer relationships 415.2 (150.4 ) 264.8 415.0 (129.5 ) 285.5 Patents 1.7 (1.6 ) 0.1 1.7 (1.4 ) 0.3 Other intangibles 143.2 (63.6 ) 79.6 160.7 (61.4 ) 99.3 Total $ 735.2 $ (215.6 ) $ 519.6 $ 776.8 $ (192.3 ) $ 584.5
Gross carrying amount and accumulated amortization of the company's finite lived intanglibes	The gross carrying amount and accumulated amortization of the Company’s intangible assets other than goodwill are as follows as of June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 174.8 $ — $ 174.8 $ 175.1 $ — $ 175.1 Customer relationships 415.3 (161.0 ) 254.3 415.2 (150.4 ) 264.8 Patents 1.7 (1.7 ) — 1.7 (1.6 ) 0.1 Other intangibles 142.6 (68.4 ) 74.2 143.2 (63.6 ) 79.6 Total $ 734.4 $ (231.1 ) $ 503.3 $ 735.2 $ (215.6 ) $ 519.6	The gross carrying amount and accumulated amortization of MFS’ intangible assets other than goodwill are as follows as of December 31, 2015 and December 31, 2014: December 31, 2015 December 31, 2014 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 175.1 $ — $ 175.1 $ 199.4 $ — $ 199.4 Customer relationships 415.2 (150.4 ) 264.8 415.0 (129.5 ) 285.5 Patents 1.7 (1.6 ) 0.1 1.7 (1.4 ) 0.3 Other intangibles 143.2 (63.6 ) 79.6 160.7 (61.4 ) 99.3 Total $ 735.2 $ (215.6 ) $ 519.6 $ 776.8 $ (192.3 ) $ 584.5

Accounts Payable and Accrued 47

Accounts Payable and Accrued Expenses and Other Liabilities (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Schedule of accounts payable and accrued expenses	Accounts payable and Accrued expenses and other liabilities at June 30, 2016 and December 31, 2015 are summarized as follows: (in millions) June 30, December 31, Accounts payable: Trade accounts payable and interest payable $ 123.1 $ 121.7 Income taxes payable 1.3 7.3 Total accounts payable $ 124.4 $ 129.0 Accrued expenses and other liabilities: Employee related expenses $ 31.9 $ 24.5 Restructuring expenses 4.5 16.8 Profit sharing and incentives 10.9 3.9 Accrued rebates 41.6 51.6 Deferred revenue - current 3.6 3.8 Dividend payable to MTW — 10.2 Customer advances 5.8 2.9 Product liability 3.1 2.6 Miscellaneous accrued expenses 44.9 41.3 Total accrued expenses and other liabilities $ 146.3 $ 157.6	Accounts payable and Accrued expenses and other liabilities at December 31, 2015 and December 31, 2014 are summarized as follows: (in millions) 2015 2014 Accounts payable: Trade accounts payable and interest payable $ 121.7 $ 161.5 Income taxes payable 7.3 5.2 Total accounts payable $ 129.0 $ 166.7 Accrued expenses and other liabilities: Employee related expenses 24.5 31.1 Restructuring expenses 16.8 15.6 Profit sharing and incentives 3.9 4.1 Accrued rebates 51.6 52.3 Deferred revenue - current 3.8 3.8 Dividend payable to MTW 10.2 6.2 Customer advances 2.9 3.9 Product liability 2.6 2.2 Miscellaneous accrued expenses 41.3 46.2 Total accrued expenses and other liabilities $ 157.6 $ 165.4

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Summary of Earnings from Continuing Operations	Earnings from continuing operations are summarized below: (in millions) 2015 2014 2013 Earnings from continuing operations before income taxes: Domestic $ 121.2 $ 123.3 $ 157.2 Foreign 75.1 63.9 47.4 Total $ 196.3 $ 187.2 $ 204.6
Schedule of Provision Income Taxes From Continuing Operations	Provision for income taxes from continuing operations is summarized below: (in millions) 2015 2014 2013 Current: Federal and state $ 51.1 $ 28.3 $ 51.9 Foreign 18.2 15.1 13.0 Total current $ 69.3 $ 43.4 $ 64.9 Deferred: Federal and state $ (27.9 ) $ (12.0 ) $ (9.0 ) Foreign (2.1 ) (5.5 ) (0.6 ) Total deferred $ (30.0 ) $ (17.5 ) $ (9.6 ) Provision for taxes on earnings $ 39.3 $ 25.9 $ 55.3
Reconciliation of Federal Statutory Income Tax Rate to Company's Effective Income Tax Rate For Continuing Operations	The differences between the U.S. federal statutory income tax rate and MFS’ effective tax rate were as follows: 2015 2014 2013 Federal income tax at statutory rate 35.0 % 35.0 % 35.0 % State income provision 1.4 1.4 1.9 Manufacturing and research incentives (1.7 ) (1.7 ) (2.9 ) Taxes on foreign income which differ from the U.S. statutory rate (3.9 ) (2.4 ) (3.2 ) Adjustments for unrecognized tax benefits 0.1 4.3 (3.5 ) Adjustments for valuation allowances (13.8 ) 21.5 (0.3 ) Capital loss generation — (41.4 ) — Business acquisitions & divestitures 4.1 — — Other items (1.1 ) (2.9 ) — Effective tax rate 20.1 % 13.8 % 27.0 %
Schedules of Deferred Tax Assets (Liabilities)	The significant components of deferred tax assets and deferred tax liabilities were as follows: (in millions) 2015 2014 Current deferred tax assets (liabilities): Inventories $ — $ 5.1 Accounts receivable — 1.2 Product warranty reserves — 10.9 Product liability reserves — 0.8 Deferred revenue, current portion — (0.2 ) Deferred employee benefits — 4.7 Other reserves and allowances — 5.4 Less valuation allowance — (8.3 ) Net deferred tax assets, current (1) $ — $ 19.6 Non-current deferred tax assets (liabilities): Inventories $ 7.6 $ — Accounts receivable 1.2 — Property, plant and equipment (2.8 ) (8.3 ) Intangible assets (218.9 ) (242.4 ) Deferred employee benefits 15.7 12.7 Product warranty reserves 14.4 3.9 Product liability reserves 1.0 — Loss carryforwards 84.9 119.1 Deferred revenue 1.1 1.5 Other 16.9 9.7 Total non-current deferred tax liabilities (78.9 ) (103.8 ) Less valuation allowance (80.1 ) (104.9 ) Net deferred tax liabilities, non-current $ (159.0 ) $ (208.7 ) (1) - In 2015, MFS early adopted ASU No. 2015-17, “Balance Sheet Classification of Deferred Taxes” which eliminated the requirement to present deferred tax liabilities and assets as current and non-current on the balance sheet. Prior periods were not retrospectively adjusted. Current and long-term tax assets and liabilities included in the combined balance sheets were as follows: (in millions) 2015 2014 Current income tax asset $ — $ 23.7 Long-term income tax assets, included in other non-current assets 8.9 9.3 Current deferred income tax liability, included in accounts payable and accrued expenses — (4.1 ) Long-term deferred income tax liability (167.9 ) (218.0 ) Net deferred income tax liability $ (159.0 ) $ (189.1 )
Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of MFS’ unrecognized tax benefits is as follows: (in millions) 2015 2014 2013 Balance at beginning of year $ 16.6 $ 7.8 $ 17.1 Additions based on tax positions related to the current year 0.2 14.1 1.0 Additions for tax positions of prior years — — 0.1 Reductions based on settlements with taxing authorities — (2.8 ) (8.0 ) Reductions for lapse of statute (0.2 ) (2.5 ) (2.4 ) Balance at end of year $ 16.6 $ 16.6 $ 7.8

Other Operating and Non-Opera49

Other Operating and Non-Operating Expenses (Tables)	12 Months Ended
	Dec. 31, 2015
Other Income and Expenses [Abstract]
Components of the Other Operating Expense	The components of the line item ‘Other operating expense’ in the Combined Statements of Operations for the years ended December 31, 2015, 2014, and 2013, are summarized as follows: (in millions) 2015 2014 2013 Amortization expense $ 31.4 $ 31.8 $ 31.4 Asset impairments 9.0 1.1 — Restructuring expense 4.6 2.6 2.9 Separation expense 4.3 — — Other expense (income) 0.9 0.4 (0.8 ) Total other operating expense $ 50.2 $ 35.9 $ 33.5
Components of the Other Income (expense)	The components of the line item ‘Other income (expense) - net’ in the Combined Statements of Operations for the years ended December 31, 2015, 2014, and 2013, are summarized as follows: (in millions) 2015 2014 2013 Gain on sale of Kysor Panel Systems $ 9.9 $ — $ — Gain on sale of investment property 5.4 — — Gain on acquisition of Thailand joint venture 4.9 — — Other (1) 1.8 (0.6 ) 0.7 Other income (expense) - net $ 22.0 $ (0.6 ) $ 0.7 (1) Other consists primarily of foreign currency gains and losses.

Equity (Tables)

Equity (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Equity [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	Reconciliations for the changes in accumulated other comprehensive income (loss), net of tax, by component for the three and six months ended June 30, 2016 and 2015 are as follows: (in millions) Foreign Gains and Losses Pension & Total Balance at December 31, 2015 $ (7.9 ) $ (1.8 ) $ (34.8 ) $ (44.5 ) Other comprehensive income (loss) before reclassifications 17.2 0.3 (9.4 ) 8.1 Amounts reclassified from accumulated other comprehensive income (loss) — 0.6 0.5 1.1 Net current period other comprehensive income (loss) 17.2 0.9 (8.9 ) 9.2 Balance at March 31, 2016 $ 9.3 $ (0.9 ) $ (43.7 ) $ (35.3 ) Other comprehensive (loss) income before reclassifications (6.1 ) 1.1 0.1 (4.9 ) Amounts reclassified from accumulated other comprehensive income (loss) — 0.4 0.2 0.6 Net current period other comprehensive income (loss) (6.1 ) 1.5 0.3 (4.3 ) Balance at June 30, 2016 $ 3.2 $ 0.6 $ (43.4 ) $ (39.6 ) (in millions) Foreign Currency Gains and Losses Pension & Total Balance at December 31, 2014 $ 17.3 $ (1.0 ) $ (37.0 ) $ (20.7 ) Other comprehensive income (loss) before reclassifications (11.1 ) (2.4 ) 1.4 (12.1 ) Amounts reclassified from accumulated other comprehensive income (loss) — 0.7 0.3 1.0 Net current period other comprehensive income (loss) (11.1 ) (1.7 ) 1.7 (11.1 ) Balance at March 31, 2015 $ 6.2 $ (2.7 ) $ (35.3 ) $ (31.8 ) Other comprehensive (loss) income before reclassifications 1.3 0.1 (1.4 ) — Amounts reclassified from accumulated other comprehensive income (loss) — 0.6 0.2 0.8 Net current period other comprehensive income (loss) 1.3 0.7 (1.2 ) 0.8 Balance at June 30, 2015 $ 7.5 $ (2.0 ) $ (36.5 ) $ (31.0 )	The components of accumulated other comprehensive income (loss) as of December 31, 2015 and December 31, 2014 are as follows: (in millions) 2015 2014 Foreign currency translation $ (7.9 ) $ 17.3 Derivative instrument fair market value, net of income taxes of $0.9 and $0.4 (1.8 ) (1.0 ) Employee pension and postretirement benefit adjustments, net of income taxes of $0.3 and $0.8 (34.8 ) (37.0 ) $ (44.5 ) $ (20.7 )
Reclassification out of accumulated other comprehensive income	The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2016: Three Months Ended Six Months Ended June 30, 2016 (in millions) Amount Reclassified from Amount Reclassified from Recognized Gains and losses on cash flow hedges Foreign exchange contracts $ — $ (0.1 ) Cost of sales Commodity contracts (0.3 ) (1.2 ) Cost of sales $ (0.3 ) $ (1.3 ) Total before tax 0.1 0.5 Tax expense $ (0.2 ) $ (0.8 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.7 ) $ (1.3 )(a) $ (0.7 ) $ (1.3 ) Total before tax 0.3 0.5 Tax benefit $ (0.4 ) $ (0.8 ) Net of tax Total reclassifications for the period $ (0.6 ) $ (1.6 ) Net of tax The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three and six months ended June 30, 2015: Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 (in millions) Amount Reclassified from Amount Reclassified from Recognized Gains and losses on cash flow hedges Foreign exchange contracts $ (0.4 ) $ (0.9 ) Cost of sales Commodity contracts (0.6 ) (1.2 ) Cost of sales $ (1.0 ) $ (2.1 ) Total before tax 0.4 0.8 Tax expense $ (0.6 ) $ (1.3 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.2 ) $ (0.5 )(a) $ (0.2 ) $ (0.5 ) Total before tax — — Tax benefit $ (0.2 ) $ (0.5 ) Net of tax Total reclassifications for the period, net of tax $ (0.8 ) $ (1.8 ) Net of tax (a) These other comprehensive income (loss) components are included in the net periodic pension cost (see Note 16, “Employee Benefit Plans,” for further details).	A reconciliation of the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2015 is as follows: (in millions) Amount Reclassified from Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (1.4 ) Cost of sales Commodity contracts (3.4 ) Cost of sales (4.8 ) Total before tax 1.8 Tax expense $ (3.0 ) Net of tax Amortization of pension and postretirement items Amortization of prior service cost — (a) Actuarial losses (1.1 )(a) (1.1 ) Total before tax — Tax benefit $ (1.1 ) Net of Tax Total reclassifications for the period $ (4.1 ) Net of Tax (a) These other comprehensive income components are included in the net periodic pension cost (see Note 19, “Employee Benefit Plans,” for further details). A reconciliation of the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2014 is as follows: (in millions) Amount Reclassified from Recognized Location Gains and losses on cash flow hedges Foreign exchange contracts $ (0.9 ) Cost of sales Commodity contracts (0.3 ) Cost of sales (1.2 ) Total before tax 0.4 Tax expense $ (0.8 ) Net of tax Amortization of pension and postretirement items Amortization of prior service cost 0.3 (a) Actuarial losses (0.8 )(a) (0.5 ) Total before tax 0.1 Tax benefit $ (0.4 ) Net of Tax Total reclassifications for the period $ (1.2 ) Net of Tax (a) These other comprehensive income components are included in the net periodic pension cost (see Note 19, “Employee Benefit Plans,” for further details).
Stockholders Equity Rollforward	The following is a roll forward of equity for the six months ended June 30, 2016 and 2015: (in millions, except share data) Shares Common Additional Retained Net Parent Accumulated Total Equity Balance at December 31, 2015 — $ — $ — $ — $ 1,253.2 $ (44.5 ) $ 1,208.7 Net earnings — — — 17.9 15.3 — 33.2 Net transfers to MTW — — — — (1,362.0 ) — (1,362.0 ) Separation related adjustments — — — — (1.0 ) (47.4 ) (48.4 ) Reclassification of net investment to additional paid-in capital — — (94.5 ) — 94.5 — — Issuance of common stock at Spin-off 137,016,712 1.4 (1.4 ) — — — — Issuance of common stock, equity-based compensation plans 165,894 — 1.1 — — — 1.1 Stock-based compensation expense — — 3.4 — — — 3.4 Adjustment from Spin-off — — 0.6 — — — 0.6 Other comprehensive income (loss) — — — — — 52.3 52.3 Balance at June 30, 2016 137,182,606 $ 1.4 $ (90.8 ) $ 17.9 $ — $ (39.6 ) $ (111.1 ) (in millions, except share data) Shares Common Additional Retained Net Parent Accumulated Total Equity Balance at December 31, 2014 — $ — $ — $ — $ 1,272.1 $ (20.7 ) $ 1,251.4 Net earnings — — — — 50.9 — 50.9 Other comprehensive income (loss) — — — — — (10.3 ) (10.3 ) Net increase in net parent company investment — — — — 30.3 — 30.3 Balance at June 30, 2015 — $ — $ — $ — $ 1,353.3 $ (31.0 ) $ 1,322.3

Accumulated Other Comprehensi51

Accumulated Other Comprehensive Income ("AOCI") (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Summaries of the Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax	Summaries of the changes in accumulated other comprehensive income (loss), net of tax, by component for the years ended December 31, 2014, and December 31, 2015 are as follows: (in millions) Foreign Gains and Pension & Total Balance at December 31, 2013 $ 34.2 $ (0.4 ) $ (32.6 ) $ 1.2 Other comprehensive loss before reclassifications (16.9 ) (1.4 ) (4.8 ) (23.1 ) Amounts reclassified from accumulated other comprehensive income — 0.8 0.4 1.2 Net current period other comprehensive loss (16.9 ) (0.6 ) (4.4 ) (21.9 ) Balance at December 31, 2014 $ 17.3 $ (1.0 ) $ (37.0 ) $ (20.7 ) Other comprehensive (loss) income before reclassifications (25.2 ) (3.8 ) 1.1 (27.9 ) Amounts reclassified from accumulated other comprehensive income — 3.0 1.1 4.1 Net current period other comprehensive (loss) income (25.2 ) (0.8 ) 2.2 (23.8 ) Balance at December 31, 2015 $ (7.9 ) $ (1.8 ) $ (34.8 ) $ (44.5 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of the company's stock option activity	A summary of MFS’ stock option activity is as follows (in millions, except weighted average exercise price per share): Shares Weighted Average Exercise Price Aggregate Intrinsic Value Options outstanding as of January 1, 2015 0.7 $ 15.90 Additional options transferred and outstanding as of January 1, 2015 0.5 16.31 Total options outstanding as of January 1, 2015 1.2 16.31 Granted 0.4 19.59 Exercised (0.2 ) 9.08 Cancelled — 22.26 Options outstanding as of December 31, 2015 1.4 $ 17.70 $ 3.2 Options exercisable as of: December 31, 2015 1.0 $ 16.91 $ 3.2
Schedule of the options outstanding and exercisable by range of exercise prices	prices from $4.41 to $43.33 per share. The following table shows the options outstanding and exercisable by range of exercise prices at December 31, 2015 (in millions, except range of exercise price per share, weighted average remaining contractual life and weighted average exercise price): Range of Exercise Price per Share Outstanding Options Weighted Average Remaining Contractual Life (Years) Weighted Average Exercise Exercisable Options Weighted Average Exercise $ 4.41 - $11.34 0.2 2.9 $ 4.41 0.2 $ 4.41 $11.35 - $18.13 0.4 5.4 13.79 0.3 12.72 $18.14 - $26.09 0.4 5.2 20.13 0.3 19.70 $26.10 - $29.06 0.1 0.3 26.10 — 26.10 $29.07 - $38.86 0.2 3.7 29.27 0.1 29.34 $38.87 - $43.33 0.1 1.9 39.27 0.1 39.27 1.4 4.3 $ 17.70 1.0 $ 16.91
Schedule of the assumptions used to estimate the fair value of each option grant	respectively. The fair value of each option grant was estimated at the date of grant using the Black-Scholes option-pricing method with the following assumptions: 2015 2014 2013 Expected Life (years) 6.0 6.0 6.0 Risk-free Interest rate 1.8 % 1.9 % 1.1 % Expected volatility 56.0 % 55.0 % 56.0 % Expected dividend yield 0.3 % 0.4 % 0.6 %
Summary of Activity for Restricted Stock Units	A summary of activity for restricted stock units for the year ended December 31, 2015 is as follows (in millions except weighted average grant date fair value): Shares Weighted Unvested as of January 1, 2015 0.2 $ 30.72 Granted 0.2 21.67 Vested (0.1 ) 24.82 Cancelled (0.1 ) 24.11 Unvested as of December 31, 2015 0.2 $ 24.50

Guarantees (Tables)

Guarantees (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Guarantees [Abstract]
Schedule of the changes in warranty liability	Below is a table summarizing the product warranties activity for the six months ended June 30, 2016 and for the twelve months ended December 31, 2015: (in millions) June 30, December 31, Balance at the beginning of the period $ 40.0 $ 42.0 Accruals for warranties issued 12.3 24.2 Settlements made (in cash or in kind) (15.5 ) (25.2 ) Currency translation impact (0.2 ) (1.0 ) Balance at the end of the period $ 36.6 $ 40.0	Below is a table summarizing the warranty activity for the years ended December 31, 2015 and 2014: (in millions) 2015 2014 Balance at beginning of period $ 42.0 $ 38.3 Accruals for warranties issued during the period 24.2 27.9 Divestiture — (23.7 ) Settlements made (in cash or in kind) during the period (25.2 ) (0.5 ) Currency translation (1.0 ) — Balance at end of period $ 40.0 $ 42.0

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Rollforward of all restructuring activities	The following is a rollforward of all restructuring activities for the six months ended June 30, 2016 (in millions): Restructuring Reserve Balance as of December 31, 2015 Restructuring Charges Use of Reserve Restructuring Reserve Balance as of June 30, 2016 $16.8 $ 1.6 $ (2.2 ) $ 16.2	The following is a rollforward of all restructuring activities related to MFS for the year ended December 31, 2015 (in millions): Restructuring Reserve Balance as of December 31, 2014 Restructuring Charges Use of Reserve Restructuring Reserve Balance as of December 31, 2015 $ 15.6 $ 4.6 $ (3.4 ) $ 16.8

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Schedule of components of period benefit costs		The components of period benefit costs for the Direct Plans for the years ended December 31, 2015, 2014 and 2013 are as follows: Pension Plans Postretirement Health and Other (in millions) 2015 2014 2013 2015 2014 2013 Service cost - benefits earned during the year $ 0.4 $ 0.5 $ 0.5 $ — $ — $ 0.1 Interest cost of projected benefit obligation 6.5 8.1 6.8 0.1 0.2 0.2 Expected return on assets (5.4 ) (7.1 ) (5.5 ) — — — Amortization of prior service cost — — — — (0.3 ) (0.1 ) Amortization of actuarial net loss (gain) 1.2 0.9 1.3 (0.1 ) (0.1 ) — Curtailment gain recognized — — — — — (0.8 ) Net periodic benefit cost $ 2.7 $ 2.4 $ 3.1 $ — $ (0.2 ) $ (0.6 ) Weighted average assumptions: Discount rate 3.5 % 4.4 % 4.0 % 3.7 % 4.5 % 3.6 % Expected return on plan assets 3.5 % 4.5 % 3.9 % N/A N/A N/A Rate of compensation increase 4.0 % 4.0 % 3.5 % 1.5 % 1.5 % 3.0 %
Reconciliation Changes in benefit Obligation		The following is a reconciliation of the changes in benefit obligation, the changes in plan assets, and the funded status of the Direct Plans as of December 31, 2015 and 2014: Pension Plans Postretirement Health and Other (in millions) 2015 2014 2015 2014 Change in Benefit Obligation Benefit obligation, beginning of year $ 195.0 $ 186.0 $ 2.8 $ 3.3 Service cost 0.4 0.5 — — Interest cost 6.5 8.1 0.1 0.2 Participant contributions — 0.1 0.3 0.3 Medicare subsidies received — — — 0.1 Plan settlements — 1.7 — — Actuarial (gain) loss (5.5 ) 19.3 0.7 (0.5 ) Currency translation adjustment (8.8 ) (10.0 ) (0.2 ) (0.1 ) Benefits paid (10.4 ) (10.7 ) (0.5 ) (0.5 ) Benefit obligation, end of year $ 177.2 $ 195.0 $ 3.2 $ 2.8 Change in Plan Assets Fair value of plan assets, beginning of year $ 162.1 $ 159.5 $ — $ — Actual return on plan assets 0.6 18.6 — — Employer contributions 3.1 3.1 0.2 0.1 Participant contributions — 0.1 0.3 0.3 Medicare subsidies received — — — 0.1 Currency translation adjustment (7.5 ) (8.5 ) — — Benefits paid (10.4 ) (10.7 ) (0.5 ) (0.5 ) Fair value of plan assets, end of year 147.9 162.1 — — Funded status $ (29.3 ) $ (32.9 ) $ (3.2 ) $ (2.8 ) Amounts recognized in the Combined Balance sheet at December 31 Pension asset $ — $ — $ — $ — Pension obligation (29.3 ) (32.9 ) — — Postretirement health and other benefit obligations — — (3.2 ) (2.8 ) Net amount recognized $ (29.3 ) $ (32.9 ) $ (3.2 ) $ (2.8 ) Weighted-Average Assumptions Discount rate 3.7 % 3.5 % 3.9 % 3.7 % Expected return on plan assets 3.5 % 4.5 % N/A N/A Rate of compensation increase 4.0 % 4.0 % 1.5 % 1.5 %
Amounts recognized in accumulated other comprehensive income		Amounts recognized in accumulated other comprehensive income as of December 31, 2015 and 2014, consist of the following: Pensions Postretirement Health and Other (in millions) 2015 2014 2015 2014 Net actuarial gain (loss) $ (35.1 ) $ (38.7 ) $ — $ 0.9 Total amount recognized $ (35.1 ) $ (38.7 ) $ — $ 0.9
Retirement Obligations and Retirement Benefit Costs of Plans to Changes in the Key Assumptions		The following table summarizes the sensitivity of our December 31, 2015 retirement obligations and 2016 retirement benefit costs of our plans to changes in the key assumptions used to determine those results (in millions): Change in assumption: Estimated Estimated Benefit 2015 Estimated Postretirement Estimated Postretirement Obligation for the year 0.5% increase in discount rate $ (0.3 ) $ (10.8 ) $ — $ (0.1 ) 0.5% decrease in discount rate 0.2 11.6 — 0.2 0.5% increase in long-term return on assets (0.7 ) N/A N/A N/A 0.5% decrease in long-term return on assets 0.7 N/A N/A N/A 1.0% increase in medical trend rates N/A N/A 0.1 0.2 1.0% decrease in medical trend rates N/A N/A — (0.2 )
Weighted-Average Asset Allocations Pension Plans		The weighted-average asset allocations of the pension plans at December 31, 2015 and 2014, by asset category are as follows 2015 2014 Equity 10.2 % 15.0 % Debt Securities 28.9 % 23.8 % Other 60.9 % 61.2 % 100.0 % 100.0 %
Actual Allocations Pension Assets and Target Allocations by Asset Class		The actual allocations for the pension assets at December 31, 2015, and target allocations by asset class, are as follows: Target Allocations Weighted Average Equity Securities 9.0 % 10.2 % Debt Securities 29.0 % 28.9 % Other 62.0 % 60.9 %
Schedule of plan assets using the fair value hierarchy		The fair value hierarchy has three levels based on the reliability of the inputs used to determine fair value. Level 1 refers to fair values determined based on quoted prices in active markets for identical assets. Level 2 refers to fair values estimated using significant other observable inputs, and Level 3 includes fair values estimated using significant non-observable inputs. December 31, 2015 Assets (in millions) Quoted Prices in Active (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Cash $ 0.3 $ — $ — $ 0.3 Insurance group annuity contracts — — 89.9 89.9 Common/collective trust funds — Government, corporate and other non-government debt — 36.7 — 36.7 Common/collective trust funds — Corporate equity — 15.1 — 15.1 Common/collective trust funds — Customized strategy — 5.9 — 5.9 Total $ 0.3 $ 57.7 $ 89.9 $ 147.9 December 31, 2014 Assets (in millions) Quoted Prices in Active (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Cash $ 0.3 $ — $ — $ 0.3 Insurance group annuity contracts — — 98.9 98.9 Common/collective trust funds — Government, corporate and other non-government debt — 21.1 — 21.1 Common/collective trust funds — Corporate equity — 37.5 — 37.5 Common/collective trust funds — Customized strategy — 4.3 — 4.3 Total $ 0.3 $ 62.9 $ 98.9 $ 162.1
Reconciliation of the fair values measurements of plan assets using significant unobservable inputs (Level 3) from the beginning of the year to the end of the year		A reconciliation of the fair values measurements of plan assets using significant unobservable inputs (Level 3) from the beginning of the year to the end of the year is as follows: Insurance Contracts Year Ended December 31, (in millions) 2015 2014 Beginning Balance $ 98.9 $ 98.7 Actual return on assets 0.9 11.2 Benefit payments (5.4 ) (5.8 ) Foreign currency impact (4.6 ) (5.2 ) Ending Balance $ 89.8 $ 98.9
Schedule of projected benefit payments from the plans		Projected benefit payments from the plans as of December 31, 2015 are estimated as follows: (in millions) Pension Plans Postretirement Health and Other 2016 $ 10.6 $ 0.2 2017 11.0 0.2 2018 11.4 0.2 2019 11.9 0.2 2020 12.4 0.2 2021-2025 69.6 1.1
Fair value of plan assets for which the accumulated benefit obligation is in excess of the plan assets		The fair value of plan assets for which the accumulated benefit obligation is in excess of the plan assets as of December 31, 2015 and 2014 is as follows: Pension Plans (in millions) 2015 2014 Projected benefit obligation $ 177.2 $ 195.0 Accumulated benefit obligation 176.3 194.1 Fair value of plan assets 147.9 162.1
Schedule of components of period benefit costs	The components of periodic benefit costs for the Direct Plans for the three and six months ended June 30, 2016 and 2015 are as follows: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (in millions) Pension Plans Postretirement Health and Other Plans Pension Plans Postretirement Health and Other Plans Service cost—benefits earned during the period $ 0.1 $ — $ 0.1 $ — Interest cost of projected benefit obligations 2.1 0.1 4.3 0.2 Expected return on plan assets (1.6 ) — (3.2 ) — Amortization of actuarial net loss 0.7 — 1.3 — Net periodic benefit costs $ 1.3 $ 0.1 $ 2.5 $ 0.2 Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 (in millions) Pension Plans Postretirement Health and Other Plans Pension Plans Postretirement Health and Other Plans Service cost—benefits earned during the period $ 0.1 $ — $ 0.2 $ — Interest cost of projected benefit obligations 1.6 0.1 3.2 0.1 Expected return on plan assets (1.4 ) — (2.7 ) — Amortization of actuarial net loss 0.3 — 0.6 — Net periodic benefit costs $ 0.6 $ 0.1 $ 1.3 $ 0.1	The contributions by MFS to the multiemployer plan for the years ended December 31, 2015, 2014 and 2013 are as follows: (in millions) Pension Fund EIN / Pension Plan Number 2015 2014 2013 Sheet Metal Workers’ National Pension Fund 52-6112463 / 001 $ — $ — $ 0.3 Total Contributions $ — $ — $ 0.3

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Future Minimum Rental Obligations Under Non-cancelable Operating Leases	Future minimum rental obligations under non-cancelable operating leases, as of December 31, 2015, are payable as follows: (in millions) 2016 $ 14.2 2017 10.1 2018 7.6 2019 5.6 2020 3.8 Thereafter 0.9 Total $ 42.2

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Segment Reporting [Abstract]
Reportable Segment Information		Financial information relating to MFS’ reportable segments for the years ended December 31, 2015, 2014 and 2013 is as follows: (in millions) 2015 2014 2013 Net sales: Americas $ 1,323.7 $ 1,301.9 $ 1,282.6 EMEA 281.6 315.1 312.6 APAC 191.1 198.2 129.4 Elimination of intersegment sales (226.3 ) (233.9 ) (182.8 ) Total net sales $ 1,570.1 $ 1,581.3 $ 1,541.8 Earnings before interest and taxes from continuing operations: Americas $ 200.9 $ 201.8 $ 214.3 EMEA 23.5 20.7 22.5 APAC 21.6 20.8 16.0 Corporate expense (35.8 ) (34.9 ) (31.6 ) Amortization expense (31.4 ) (31.8 ) (31.4 ) Asset impairment expense (9.0 ) (1.1 ) — Restructuring expense (4.6 ) (2.6 ) (2.9 ) Separation expense (4.3 ) — — Other income (expense) (1.0 ) (0.4 ) 0.8 Earnings before interest and taxes from continuing operations $ 159.9 $ 172.5 $ 187.7 Other income (expense): Interest expense $ (1.4 ) $ (1.3 ) $ (1.0 ) Interest income on notes with MTW - net 15.8 16.6 17.2 Other income (expense) - net 22.0 (0.6 ) 0.7 Earnings from continuing operations before income taxes $ 196.3 $ 187.2 $ 204.6 Capital expenditures: Americas $ 8.4 $ 23.8 $ 9.1 EMEA 1.5 1.6 2.1 APAC 1.4 3.7 3.8 Corporate 1.9 4.5 2.5 Total capital expenditures $ 13.2 $ 33.6 $ 17.5 Depreciation: Americas $ 14.3 $ 13.6 $ 15.1 EMEA 2.6 2.4 2.1 APAC 2.1 3.4 4.5 Corporate 0.6 0.6 0.6 Total depreciation $ 19.6 $ 20.0 $ 22.3 Assets: Americas $ 1,495.2 $ 1,636.2 $ 1,642.3 EMEA 148.5 158.3 181.5 APAC 96.5 96.7 81.5 Corporate 13.8 7.1 12.9 Total assets $ 1,754.0 $ 1,898.3 $ 1,918.2
Net sales by product class		Net sales by product class are categorized into commercial foodservice whole goods and aftermarket parts and service and support. Net sales by product class for the years ended December 31 are as follows: (in millions) 2015 (2) 2014 (2) 2013 (1) Commercial foodservice whole goods $ 1,277.2 $ 1,293.6 $ 1,355.3 Aftermarket parts and support 292.9 287.7 186.5 Total $ 1,570.1 $ 1,581.3 $ 1,541.8 (1) MFS began tracking sales by product class during 2013 in the Americas region; the aftermarket parts and support class shown for 2013 represents the Americas only. (2) MFS began tracking sales by product class for EMEA and APAC during 2014; the aftermarket parts and support sales for 2015 and 2014 represents sales from all regions.
Net Sales From Continuing Operations and Long-lived Asset Information by Geographic Area	Financial information relating to the Company’s reportable segments for the three and six months ended June 30, 2016 and 2015 is as follows: Three months ended June 30, Six months ended June 30, (in millions) 2016 2015 2016 2015 Net sales: Americas $ 301.2 $ 346.7 $ 564.8 $ 640.4 EMEA 76.3 75.8 144.9 146.0 APAC 43.1 45.6 82.0 86.9 Elimination of intersegment sales (52.2 ) (60.4 ) (97.8 ) (120.2 ) Total net sales $ 368.4 $ 407.7 $ 693.9 $ 753.1 Earnings before interest, taxes, other (income) expense and amortization (Operating EBITA): Net earnings $ 15.1 $ 36.9 $ 33.2 $ 50.9 Income taxes 4.1 17.0 8.7 23.5 Other (income) expense - net 3.6 (0.2 ) 6.0 (0.6 ) Interest (income) expense on notes with MTW - net — (4.6 ) 0.1 (9.3 ) Interest expense 27.0 0.4 35.5 0.7 Earnings from operations 49.8 49.5 83.5 65.2 Amortization expense 7.9 7.9 15.7 15.7 Earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) $ 57.7 $ 57.4 $ 99.2 $ 80.9 Earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) by segment: Americas $ 55.0 $ 51.7 101.7 79.7 EMEA 10.1 6.8 16.9 10.5 APAC 4.2 6.2 7.3 10.2 Corporate and unallocated (11.6 ) (7.3 ) (26.7 ) (19.5 ) Total earnings before interest, taxes, other (income) expense and amortization (Operating EBITA) $ 57.7 $ 57.4 $ 99.2 $ 80.9 Operating EBITA % by segment (1): Americas 18.3 % 14.9 % 18.0 % 12.4 % EMEA 13.2 % 9.0 % 11.7 % 7.2 % APAC 9.7 % 13.6 % 8.9 % 11.7 % Net sales by geographic area (2): United States $ 244.1 $ 281.2 $ 456.2 $ 516.4 Other Americas 24.0 26.9 47.0 51.0 EMEA 63.6 61.5 120.8 114.8 APAC 36.7 38.1 69.9 70.9 Total net sales by geographic area: $ 368.4 $ 407.7 $ 693.9 $ 753.1 (1) Operating EBITA % in the section above is calculated by dividing the dollar amount of Operating EBITA by net sales. (2) Net sales in the section above are attributed to geographic regions based on location of customer. As of June 30, 2016 and December 31, 2015, total assets by segment were as follows: (in millions) June 30, 2016 December 31, 2015 Total assets by segment: Americas $ 1,441.9 $ 1,495.2 EMEA 160.1 148.5 APAC 138.7 96.5 Corporate 66.3 13.8 Total $ 1,807.0 $ 1,754.0	Net sales from continuing operations and long-lived asset information by geographic area as of and for the years ended December 31 are as follows: Net Sales Long-Lived Assets (in millions) 2015 2014 2013 2015 2014 United States 1,066.7 996.4 949.2 1,363.4 1,454.7 Other Americas 106.6 127.4 132.4 16.0 12.4 Total Americas 1,173.3 1,123.8 1,081.6 1,379.4 1,467.1 EMEA 237.2 280.3 283.2 78.2 90.2 APAC 159.6 177.2 177.0 25.4 28.5 Total $ 1,570.1 $ 1,581.3 $ 1,541.8 $ 1,483.0 $ 1,585.8

Quarterly Financial Data (Una58

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of quarterly financial data	The following table presents quarterly financial data for 2015 and 2014: 2015 2014 (in millions, except per share data) First Second Third Fourth First Second Third Fourth Net sales $ 345.4 $ 407.7 $ 425.3 $ 391.7 $ 383.3 $ 406.7 $ 417.1 $ 374.2 Gross profit 106.6 126.9 135.3 132.9 130.1 133.5 131.8 112.6 Earnings from continuing operations before income taxes 20.6 53.8 59.1 62.8 46.1 52.4 51.0 37.7 Discontinued operations: (Loss) earnings from discontinued operations, net of income taxes (0.1 ) 0.1 0.3 (0.2 ) (0.1 ) (0.3 ) — — Loss on sale of discontinued operations, net of income taxes — — — — — — (1.1 ) — Net earnings 14.0 36.9 41.1 65.1 32.6 36.9 62.9 27.4 Basic and diluted earnings per share: Earnings from continuing operations $ 0.10 $ 0.27 $ 0.30 $ 0.48 $ 0.24 $ 0.27 $ 0.47 $ 0.20 Discontinued operations: Loss from discontinued operations — — — — — — — — Loss on sale of discontinued operations, net of income taxes — — — — — — (0.01 ) — Basic and diluted net earnings per share (1) $ 0.10 $ 0.27 $ 0.30 $ 0.48 $ 0.24 $ 0.27 $ 0.46 $ 0.20 (1) On March 4, 2015, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. See Note 24, “Earnings Per Share,” in the Audited Combined Financial Statements for more information. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earning (Loss) Per Share		The following table sets forth the computation of basic and diluted (loss)/earnings per share for the year ended 2015, 2014, and 2013, respectively. (in millions, except per share data) 2015 2014 2013 Net earnings $ 157.1 $ 159.8 $ 146.1 Basic and diluted average shares outstanding 137,016,712 137,016,712 137,016,712 Basic and diluted (loss)/earnings per common share $ 1.15 $ 1.17 $ 1.07
Earnings Per Share	The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share. Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Basic weighted average common shares outstanding 137,131,572 137,016,712 137,105,290 137,016,712 Effect of dilutive securities 1,242,807 — 1,250,923 — Diluted weighted average common shares outstanding 138,374,379 137,016,712 138,356,213 137,016,712

Subsidiary Guarantors of Seni60

Subsidiary Guarantors of Senior Notes due 2024 (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Statement of Operations	Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Three Months Ended June 30, 2016 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 275.9 $ 190.3 $ (97.8 ) $ 368.4 Cost of sales 0.9 192.5 138.1 (97.8 ) 233.7 Gross profit (0.9 ) 83.4 52.2 — 134.7 Selling, general and administrative expenses 8.3 40.1 27.0 — 75.4 Amortization expense — 7.2 0.7 — 7.9 Separation expense 1.3 (0.1 ) 0.1 — 1.3 Restructuring expense — (0.3 ) 0.6 — 0.3 Earnings from operations (10.5 ) 36.5 23.8 — 49.8 Interest expense 26.2 0.1 0.7 — 27.0 Other (income) expense — net 1.1 0.5 2.0 — 3.6 Equity in earnings (loss) of subsidiaries 37.4 17.5 — (54.9 ) — Earnings before income taxes (0.4 ) 53.4 21.1 (54.9 ) 19.2 Income taxes (15.5 ) 16.0 3.6 — 4.1 Net earnings $ 15.1 $ 37.4 $ 17.5 $ (54.9 ) $ 15.1 Other comprehensive income (loss), net of tax (4.3 ) (4.2 ) (4.9 ) 9.1 (4.3 ) Comprehensive income (loss) $ 10.8 $ 33.2 $ 12.6 $ (45.8 ) $ 10.8 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Three Months Ended June 30, 2015 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 286.8 $ 210.7 $ (89.8 ) $ 407.7 Cost of sales — 210.7 159.9 (89.8 ) 280.8 Gross profit — 76.1 50.8 — 126.9 Selling, general and administrative expenses 6.7 33.2 29.3 — 69.2 Amortization expense — 7.2 0.7 — 7.9 Separation expense 0.1 0.4 — — 0.5 Restructuring expense — 0.1 (0.3 ) — (0.2 ) Earnings (loss) from operations (6.8 ) 35.2 21.1 — 49.5 Interest expense — 0.3 0.1 — 0.4 Interest (income) expense on notes with MTW — net — (4.3 ) (0.3 ) — (4.6 ) Other (income) expense — net — (0.4 ) 0.2 — (0.2 ) Equity in earnings (loss) of subsidiaries 41.3 16.5 — (57.8 ) — Earnings (loss) before income taxes 34.5 56.1 21.1 (57.8 ) 53.9 Income taxes (2.4 ) 14.8 4.6 — 17.0 Net earnings (loss) $ 36.9 $ 41.3 $ 16.5 $ (57.8 ) $ 36.9 Other comprehensive income (loss), net of tax 0.8 1.4 1.6 (3.0 ) 0.8 Comprehensive income (loss) $ 37.7 $ 42.7 $ 18.1 $ (60.8 ) $ 37.7 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Six Months Ended June 30, 2016 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 519.0 $ 354.4 $ (179.5 ) $ 693.9 Cost of sales 1.2 362.3 257.6 (179.5 ) 441.6 Gross profit (1.2 ) 156.7 96.8 — 252.3 Selling, general and administrative expenses 18.3 74.8 54.1 — 147.2 Amortization expense — 14.3 1.4 — 15.7 Separation expense 4.3 (0.1 ) 0.1 — 4.3 Restructuring expense — 0.8 0.8 — 1.6 Earnings from operations (23.8 ) 66.9 40.4 — 83.5 Interest expense 34.0 0.8 0.7 — 35.5 Interest (income) expense on notes with MTW — net — — 0.1 — 0.1 Other (income) expense — net 11.0 45.5 (50.5 ) — 6.0 Equity in earnings (loss) of subsidiaries 73.9 64.2 — (138.1 ) — Earnings before income taxes 5.1 84.8 90.1 (138.1 ) 41.9 Income taxes (28.1 ) 10.9 25.9 — 8.7 Net earnings $ 33.2 $ 73.9 $ 64.2 $ (138.1 ) $ 33.2 Other comprehensive income (loss), net of tax 4.9 15.6 20.9 (36.5 ) 4.9 Comprehensive income (loss) $ 38.1 $ 89.5 $ 85.1 $ (174.6 ) $ 38.1 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Six Months Ended June 30, 2015 (In millions) Millions of dollars Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 534.6 $ 398.0 $ (179.5 ) $ 753.1 Cost of sales — 395.5 303.6 (179.5 ) 519.6 Gross profit — 139.1 94.4 — 233.5 Selling, general and administrative expenses 16.6 73.4 61.6 — 151.6 Amortization expense — 14.3 1.4 — 15.7 Separation expense 0.1 0.4 — — 0.5 Restructuring expense — 0.8 (0.3 ) — 0.5 Earnings (loss) from operations (16.7 ) 50.2 31.7 — 65.2 Interest expense — 0.6 0.1 — 0.7 Interest (income) expense on notes with MTW - net — (8.5 ) (0.8 ) — (9.3 ) Other (income) expense - net — (1.8 ) 1.2 — (0.6 ) Equity in earnings (loss) of subsidiaries 61.7 24.8 — (86.5 ) — Earnings (loss) before income taxes 45.0 84.7 31.2 (86.5 ) 74.4 Income taxes (5.9 ) 23.0 6.4 — 23.5 Net earnings (loss) $ 50.9 $ 61.7 $ 24.8 $ (86.5 ) $ 50.9 Other comprehensive income (loss), net of tax (10.3 ) (11.4 ) (10.6 ) 22.0 (10.3 ) Comprehensive income (loss) $ 40.6 $ 50.3 $ 14.2 $ (64.5 ) $ 40.6	Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Twelve Months Ended December 31, 2015 (In millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 1,109.8 $ 809.9 $ (349.6 ) $ 1,570.1 Cost of sales 0.1 803.6 614.3 (349.6 ) 1,068.4 Gross profit (0.1 ) 306.2 195.6 — 501.7 Selling, general and administrative expenses 32.2 144.6 114.8 — 291.6 Other operating expenses 4.4 38.9 6.9 — 50.2 Earnings before interest and taxes from continuing operations (36.7 ) 122.7 73.9 — 159.9 Interest expense — (1.2 ) (0.2 ) — (1.4 ) Interest income on notes with MTW - net — 14.9 0.9 — 15.8 Other income (expense) - net 78.6 (77.9 ) 21.3 — 22.0 Equity in earnings (loss) of subsidiaries 123.2 77.9 — (201.1 ) — Earnings (loss) from continuing operations before income taxes 165.1 136.4 95.9 (201.1 ) 196.3 Income taxes 8.0 13.3 18.0 — 39.3 Net earnings (loss) from continuing operations 157.1 123.1 77.9 (201.1 ) 157.0 Discontinued operations: Earnings from discontinued operations, net of income taxes — 0.1 — — 0.1 Net earnings (loss) $ 157.1 $ 123.2 $ 77.9 $ (201.1 ) $ 157.1 Other comprehensive income (loss), net of tax (23.8 ) (27.7 ) (26.9 ) 54.6 (23.8 ) Comprehensive income (loss) $ 133.3 $ 95.5 $ 51.0 $ (146.5 ) $ 133.3 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Twelve Months Ended December 31, 2014 (In millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 1,051.7 $ 836.5 $ (306.9 ) $ 1,581.3 Cost of sales — 750.3 629.9 (306.9 ) 1,073.3 Gross profit — 301.4 206.6 — 508.0 Selling, general and administrative expenses 29.3 142.0 128.3 — 299.6 Other operating expenses — 32.4 3.5 — 35.9 Earnings before interest and taxes from continuing operations (29.3 ) 127.0 74.8 — 172.5 Interest expense — (1.2 ) (0.1 ) — (1.3 ) Interest income (expense) on notes with MTW - net — 17.3 (0.7 ) — 16.6 Other (expense) income - net (7.8 ) 4.6 2.6 — (0.6 ) Equity in earnings (loss) of subsidiaries 192.0 65.7 — (257.7 ) — Earnings (loss) from continuing operations before income taxes 154.9 213.4 76.6 (257.7 ) 187.2 Income taxes (4.9 ) 21.0 9.8 — 25.9 Net earnings (loss) from continuing operations 159.8 192.4 66.8 (257.7 ) 161.3 Discontinued operations: Loss from discontinued operations, net of income taxes — (0.4 ) — — (0.4 ) Loss on sale of discontinued operations, net of income taxes — — (1.1 ) — (1.1 ) Net earnings (loss) $ 159.8 $ 192.0 $ 65.7 $ (257.7 ) $ 159.8 Other comprehensive income (loss), net of tax (21.9 ) (17.7 ) (18.1 ) 35.8 (21.9 ) Comprehensive income (loss) $ 137.9 $ 174.3 $ 47.6 $ (221.9 ) $ 137.9 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Operations For the Twelve Months Ended December 31, 2013 (In millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 1,031.1 $ 754.4 $ (243.7 ) $ 1,541.8 Cost of sales — 712.1 562.5 (243.7 ) 1,030.9 Gross profit — 319.0 191.9 — 510.9 Selling, general and administrative expenses 26.3 138.6 124.8 — 289.7 Other operating expenses — 28.5 5.0 — 33.5 Earnings (loss) before interest and taxes from continuing operations (26.3 ) 151.9 62.1 — 187.7 Interest expense — (0.7 ) (0.3 ) — (1.0 ) Interest income on notes with MTW - net — 17.3 (0.1 ) — 17.2 Other income - net — 0.1 0.6 — 0.7 Equity in earnings of subsidiaries 165.2 46.7 — (211.9 ) — Earnings (loss) from continuing operations before income taxes 138.9 215.3 62.3 (211.9 ) 204.6 Income taxes (7.2 ) 49.1 13.4 — 55.3 Net earnings (loss) from continuing operations 146.1 166.2 48.9 (211.9 ) 149.3 Discontinued operations: Earnings (loss) from discontinued operations, net of income taxes — (1.0 ) 0.5 — (0.5 ) Loss on sale of discontinued operations, net of income taxes — — (2.7 ) — (2.7 ) Net earnings (loss) $ 146.1 $ 165.2 $ 46.7 $ (211.9 ) $ 146.1 Other comprehensive income (loss), net of tax 8.0 2.3 3.1 (5.4 ) 8.0 Comprehensive income (loss) $ 154.1 $ 167.5 $ 49.8 $ (217.3 ) $ 154.1
Condensed Consolidating Balance Sheet	Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of June 30, 2016 Millions of dollars Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ 10.4 $ 0.8 $ 29.5 $ — $ 40.7 Restricted cash — — 0.4 — 0.4 Accounts receivable — net 0.1 — 103.0 (2.4 ) 100.7 Inventories — net — 79.5 84.1 — 163.6 Prepaids and other current assets — 1.7 11.8 (2.8 ) 10.7 Current assets held for sale — 3.6 2.6 — 6.2 Total current assets 10.5 85.6 231.4 (5.2 ) 322.3 Property, plant and equipment — net 1.3 69.1 41.0 — 111.4 Goodwill — 832.4 13.5 — 845.9 Other intangible assets — net — 437.7 65.6 — 503.3 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 2,851.5 — (2,851.5 ) — Investment in subsidiaries 3,734.8 — — (3,734.8 ) — Other non-current assets 5.6 3.8 65.8 (51.1 ) 24.1 Total assets $ 3,752.2 $ 4,300.1 $ 417.3 $ (6,662.6 ) $ 1,807.0 Liabilities and Equity: Current Liabilities: Accounts payable $ 6.9 $ 69.0 $ 50.9 $ (2.4 ) $ 124.4 Accrued expenses and other liabilities 8.7 82.9 57.5 (2.8 ) 146.3 Short-term borrowings — — 0.1 — 0.1 Current portion of long-term debt and capital leases — 0.5 0.8 — 1.3 Product warranties — 21.3 9.8 — 31.1 Total current liabilities 15.6 173.7 119.1 (5.2 ) 303.2 Long-term debt and capital leases 1,367.9 2.0 — — 1369.9 Deferred income taxes 135.6 — 62.0 (44.8 ) 152.8 Pension and postretirement health obligations 60.1 5.0 — (6.3 ) 58.8 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,259.9 — 591.6 (2,851.5 ) — Investment in subsidiaries — 361.4 — (361.4 ) — Other long-term liabilities 8.5 23.2 1.7 — 33.4 Total non-current liabilities 3,847.7 391.6 659.6 (3,284.0 ) 1,614.9 Total Equity: Total equity (111.1 ) 3,734.8 (361.4 ) (3,373.4 ) (111.1 ) Total liabilities and equity $ 3,752.2 $ 4,300.1 $ 417.3 $ (6,662.6 ) $ 1,807.0 Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of December 31, 2015 (In millions) Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ — $ 3.5 $ 28.5 $ — $ 32.0 Restricted cash — — 0.6 — 0.6 Accounts receivable — net — — 73.4 (9.6 ) 63.8 Intercompany interest receivable — — 4.2 (4.2 ) — Intercompany short-term note receivable — — 31.0 (31.0 ) — Inventories — net — 80.2 65.7 — 145.9 Prepaids and other current assets 1.2 2.3 9.0 (2.2 ) 10.3 Total current assets 1.2 86.0 212.4 (47.0 ) 252.6 Property, plant and equipment — net 0.9 71.2 44.3 — 116.4 Goodwill — 832.4 13.4 — 845.8 Other intangible assets — net — 452.1 67.5 — 519.6 Intercompany long-term note receivable — — 42.4 (42.4 ) — Due from affiliates — 3,074.9 — (3,074.9 ) — Investment in subsidiaries 3,579.8 — — (3,579.8 ) — Other non-current assets — 3.1 71.8 (59.0 ) 15.9 Long-term assets held for sale — 3.7 — — 3.7 Total assets $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Liabilities and Shareholders’ Equity: Current Liabilities: Accounts payable $ 0.1 $ 81.8 $ 56.7 $ (9.6 ) $ 129.0 Accrued expenses and other liabilities — 100.1 59.7 (2.2 ) 157.6 Current portion of capital leases — 0.4 — — 0.4 Intercompany interest payable — 4.2 — (4.2 ) — Intercompany short-term note payable — 31.0 — (31.0 ) — Product warranties — 23.8 10.5 — 34.3 Total current liabilities 0.1 241.3 126.9 (47.0 ) 321.3 Long-term capital leases — 2.3 — — 2.3 Deferred income taxes 155.4 — 63.5 (51.0 ) 167.9 Pension and postretirement health obligations 35.0 6.3 — (8.0 ) 33.3 Intercompany long-term note payable — 42.4 — (42.4 ) — Due to affiliates 2,176.9 — 898.0 (3,074.9 ) — Investment in subsidiaries — 638.6 — (638.6 ) — Other long-term liabilities 5.8 12.7 2.0 — 20.5 Total non-current liabilities 2,373.1 702.3 963.5 (3,814.9 ) 224.0 Total Equity: Total equity 1,208.7 3,579.8 (638.6 ) (2,941.2 ) 1,208.7 Total liabilities and equity $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0	Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of December 31, 2015 (In millions) Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ — $ 3.5 $ 28.5 $ — $ 32.0 Restricted cash — — 0.6 — 0.6 Accounts receivable — net — — 73.4 (9.6 ) 63.8 Intercompany interest receivable — — 4.2 (4.2 ) — Intercompany short-term note receivable — — 31.0 (31.0 ) — Inventories — net — 80.2 65.7 — 145.9 Prepaids and other current assets 1.2 2.3 9.0 (2.2 ) 10.3 Total current assets 1.2 86.0 212.4 (47.0 ) 252.6 Property, plant and equipment — net 0.9 71.2 44.3 — 116.4 Goodwill — 832.4 13.4 — 845.8 Other intangible assets — net — 452.1 67.5 — 519.6 Intercompany long-term note receivable — — 42.4 (42.4 ) — Due from affiliates — 3,074.9 — (3,074.9 ) — Investment in subsidiaries 3,579.8 — — (3,579.8 ) — Other non-current assets — 3.1 71.8 (59.0 ) 15.9 Long-term assets held for sale — 3.7 — — 3.7 Total assets $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Liabilities and Shareholders’ Equity: Current Liabilities: Accounts payable $ 0.1 $ 81.8 $ 56.7 $ (9.6 ) $ 129.0 Accrued expenses and other liabilities — 100.1 59.7 (2.2 ) 157.6 Current portion of capital leases — 0.4 — — 0.4 Intercompany interest payable — 4.2 — (4.2 ) — Intercompany short-term note payable — 31.0 — (31.0 ) — Product warranties — 23.8 10.5 — 34.3 Total current liabilities 0.1 241.3 126.9 (47.0 ) 321.3 Long-term capital leases — 2.3 — — 2.3 Deferred income taxes 155.4 — 63.5 (51.0 ) 167.9 Pension and postretirement health obligations 35.0 6.3 — (8.0 ) 33.3 Intercompany long-term note payable — 42.4 — (42.4 ) — Due to affiliates 2,176.9 — 898.0 (3,074.9 ) — Investment in subsidiaries — 638.6 — (638.6 ) — Other long-term liabilities 5.8 12.7 2.0 — 20.5 Total non-current liabilities 2,373.1 702.3 963.5 (3,814.9 ) 224.0 Total Equity: Total equity 1,208.7 3,579.8 (638.6 ) (2,941.2 ) 1,208.7 Total liabilities and equity $ 3,581.9 $ 4,523.4 $ 451.8 $ (6,803.1 ) $ 1,754.0 Manitowoc Foodservice, Inc. Condensed Consolidating Balance Sheet As of December 31, 2014 (In millions) Parent Guarantor Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ — $ 2.7 $ 13.8 $ — $ 16.5 Accounts receivable — net 2.8 13.1 57.9 (2.8 ) 71.0 Intercompany interest receivable — 0.9 2.3 (3.2 ) — Intercompany short-term note receivable — — 15.8 (15.8 ) — Inventories — net — 83.9 79.3 — 163.2 Deferred income taxes 16.6 — 7.9 (0.8 ) 23.7 Prepaids and other current assets — 7.0 9.3 (1.2 ) 15.1 Total current assets 19.4 107.6 186.3 (23.8 ) 289.5 Property, plant and equipment — net — 86.1 48.2 — 134.3 Goodwill — 860.4 12.4 — 872.8 Other intangible assets — net — 512.4 72.1 — 584.5 Intercompany long-term note receivable — 9.3 183.9 (193.2 ) — Due from affiliates — 3,662.5 — (3,662.5 ) — Investment in subsidiaries 4,805.1 — — (4,805.1 ) — Other non-current assets — 2.8 13.5 0.9 17.2 Total assets $ 4,824.5 $ 5,241.1 $ 516.4 $ (8,683.7 ) $ 1,898.3 Liabilities and Shareholders’ Equity: Current Liabilities: Accounts payable $ — $ 92.1 $ 77.4 $ (2.8 ) $ 166.7 Accrued expenses and other liabilities 1.6 98.0 67.8 (2.0 ) 165.4 Current portion of capital leases — 0.5 — — 0.5 Intercompany interest payable 3.2 — — (3.2 ) — Intercompany short-term note payable — 15.8 — (15.8 ) — Product warranties — 23.6 12.4 — 36.0 Total current liabilities 4.8 230.0 157.6 (23.8 ) 368.6 Long-term capital leases — 2.3 1.3 — 3.6 Deferred income taxes 201.9 — 6.9 9.2 218.0 Pension and postretirement health obligations 37.2 7.5 — (8.3 ) 36.4 Intercompany long-term note payable 193.2 — — (193.2 ) — Due to affiliates 3,130.4 — 532.1 (3,662.5 ) — Investment in subsidiaries — 185.4 — (185.4 ) — Other long-term liabilities 5.6 10.8 3.9 — 20.3 Total non-current liabilities 3,568.3 206.0 544.2 (4,040.2 ) 278.3 Total Equity: Total equity 1,251.4 4,805.1 (185.4 ) (4,619.7 ) 1,251.4 Total liabilities and equity $ 4,824.5 $ 5,241.1 $ 516.4 $ (8,683.7 ) $ 1,898.3
Condensed Consolidating Statement of Cash Flows	Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Six Months Ended June 30, 2016 (In millions) Millions of dollars Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows from Operating Activities Net cash provided by (used for) operating activities $ (16.4 ) $ 93.0 $ (74.4 ) — $ 2.2 Cash Flows from Investing Activities Capital expenditures (0.6 ) (2.3 ) (3.3 ) — (6.2 ) Changes in restricted cash — — 0.2 — 0.2 Intercompany investment — (51.0 ) — 51.0 — Proceeds from intercompany note — — 42.4 (42.4 ) — Net cash provided by (used for) investing activities (0.6 ) (53.3 ) 39.3 8.6 (6.0 ) Cash Flows from Financing Activities Proceeds from long-term debt and capital leases 1,448.9 — 8.1 — 1,457.0 Repayments on long-term debt and capital leases (42.3 ) — (7.3 ) — (49.6 ) Debt issuance costs (40.9 ) — — — (40.9 ) Changes in short-term borrowings — — 0.1 — 0.1 Dividend paid to MTW (1,362.0 ) — — — (1,362.0 ) Net transactions with MTW 7.6 — — — 7.6 Exercises of stock options 0.4 — — — 0.4 Intercompany financing 15.7 — 35.3 (51.0 ) — Repayments on intercompany note — (42.4 ) — 42.4 — Net cash provided by (used for) financing activities 27.4 (42.4 ) 36.2 (8.6 ) 12.6 Effect of exchange rate changes on cash — — (0.1 ) — (0.1 ) Net increase (decrease) in cash and cash equivalents 10.4 (2.7 ) 1.0 — 8.7 Balance at beginning of period — 3.5 28.5 — 32.0 Balance at end of period $ 10.4 $ 0.8 $ 29.5 $ — $ 40.7 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Six Months Ended June 30, 2015 (In millions) Millions of dollars Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows from Operating Activities Net cash provided by (used for) operating activities $ (14.1 ) $ 4.9 $ (1.1 ) $ — $ (10.3 ) Cash Flows from Investing Activities Capital expenditures — (3.6 ) (3.1 ) — (6.7 ) Changes in restricted cash — — (0.3 ) — (0.3 ) Intercompany investment (2.2 ) (3.7 ) — 5.9 — Net cash provided by (used for) investing activities (2.2 ) (7.3 ) (3.4 ) 5.9 (7.0 ) Cash Flows from Financing Activities Proceeds from long-term debt and capital leases — 0.4 — — 0.4 Repayments on long-term debt and capital leases — (0.2 ) — — (0.2 ) Net transactions with MTW 16.3 — — — 16.3 Intercompany financing — 1.2 4.7 (5.9 ) — Net cash provided by (used for) financing activities 16.3 1.4 4.7 (5.9 ) 16.5 Effect of exchange rate changes on cash — — (0.9 ) — (0.9 ) Net decrease in cash and cash equivalents — (1.0 ) (0.7 ) — (1.7 ) Balance at beginning of period — 2.7 13.8 — 16.5 Balance at end of period $ — $ 1.7 $ 13.1 $ — $ 14.8	Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Twelve Months Ended December 31, 2015 (In millions) Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows From Operations Net cash provided by (used for) operating activities of continuing operations $ 376.9 $ (137.7 ) $ (96.3 ) $ — $ 142.9 Net cash provided by operating activities of discontinued operations — 0.1 — — 0.1 Net cash provided by (used for) operating activities 376.9 (137.6 ) (96.3 ) — 143.0 Cash Flows From Investing Capital expenditures (0.8 ) (6.5 ) (5.9 ) — (13.2 ) Restricted cash — — (0.6 ) — (0.6 ) Business acquisitions, net of cash acquired — — (5.3 ) — (5.3 ) Proceeds from sale of business — 78.2 — — 78.2 Intercompany investment (193.2 ) — — 193.2 — Net cash provided by (used for) investing activities (194.0 ) 71.7 (11.8 ) 193.2 59.1 Cash Flows From Financing Payments on capital leases — (0.7 ) — — (0.7 ) Proceeds from capital leases — 0.5 — — 0.5 Net transactions with MTW (182.9 ) — — — (182.9 ) Intercompany financing — 66.9 126.3 (193.2 ) — Net cash provided by (used for) financing activities (182.9 ) 66.7 126.3 (193.2 ) (183.1 ) Effect of exchange rate changes on cash — — (3.5 ) — (3.5 ) Net increase in cash and cash equivalents — 0.8 14.7 — 15.5 Balance at beginning of year — 2.7 13.8 — 16.5 Balance at end of year $ — $ 3.5 $ 28.5 $ — $ 32.0 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Twelve Months Ended December 31, 2014 (In millions) Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows From Operations Net cash provided by (used for) operating activities of continuing operations $ 159.1 $ (53.6 ) $ 95.1 $ — $ 200.6 Net cash used for operating activities of discontinued operations — (0.4 ) — — (0.4 ) Net cash provided by (used for) operating activities 159.1 (54.0 ) 95.1 — 200.2 Cash Flows From Investing Capital expenditures — (18.3 ) (7.0 ) — (25.3 ) Intercompany investment — — (82.7 ) 82.7 — Net cash provided by (used for) investing activities — (18.3 ) (89.7 ) 82.7 (25.3 ) Cash Flows From Financing Payments on capital leases — (3.4 ) — — (3.4 ) Proceeds from capital leases — 3.1 — — 3.1 Net transactions with MTW (166.7 ) — — — (166.7 ) Intercompany financing 7.6 75.1 — (82.7 ) — Net cash provided by (used for) financing activities (159.1 ) 74.8 — (82.7 ) (167.0 ) Effect of exchange rate changes on cash — — (1.0 ) — (1.0 ) Net increase in cash and cash equivalents — 2.5 4.4 — 6.9 Balance at beginning of year — 0.2 9.4 — 9.6 Balance at end of year $ — $ 2.7 $ 13.8 $ — $ 16.5 Manitowoc Foodservice, Inc. Condensed Consolidating Statement of Cash Flows For the Twelve Months Ended December 31, 2013 (In millions) Parent Subsidiary Guarantors Non- Guarantor Subsidiaries Eliminations Consolidated Cash Flows From Operations Net cash provided by operating activities of continuing operations $ 169.7 $ 26.4 $ 8.2 $ — $ 204.3 Net cash used for operating activities of discontinued operations — (2.4 ) — — (2.4 ) Net cash provided by operating activities 169.7 24.0 8.2 — 201.9 Cash Flows From Investing Capital expenditures — (23.5 ) (10.1 ) — (33.6 ) Proceeds from sale of property, plant and equipment — 1.6 — — 1.6 Business acquisitions, net of cash acquired — — (12.2 ) — (12.2 ) Proceeds from sale of business — 0.7 — — 0.7 Intercompany investment — (2.9 ) — 2.9 — Net cash provided by investing activities of continuing operations — (24.1 ) (22.3 ) 2.9 (43.5 ) Net cash used for investing activities of discontinued operations — 0.6 — — 0.6 Net cash provided by investing activities — (23.5 ) (22.3 ) 2.9 (42.9 ) Cash Flows From Financing Payments on capital leases — (2.9 ) — — (2.9 ) Proceeds from capital leases — 3.4 — — 3.4 Net transactions with MTW (171.5 ) — — — (171.5 ) Intercompany financing 1.8 — 1.1 (2.9 ) — Net cash used for financing activities (169.7 ) 0.5 1.1 (2.9 ) (171.0 ) Effect of exchange rate changes on cash — — (0.6 ) — (0.6 ) Net increase in cash and cash equivalents — 1.0 (13.6 ) — (12.6 ) Balance at beginning of year — (0.8 ) 23.0 — 22.2 Balance at end of year $ — $ 0.2 $ 9.4 $ — $ 9.6

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Summary of covenant levels of financial covenants	The current covenant levels of the financial covenants under the Senior Secured Credit Facility are as set forth below: Fiscal Quarter Ending Consolidated Total Consolidated Interest March 31, 2016 6.25:1.00 2.00:1.00 June 30, 2016 6.25:1.00 2.00:1.00
Schedule of percentage of principal amount at which the entity may redeem the notes	In addition, the Company may redeem the notes at its option, in whole or in part, at the following redemption prices (expressed as percentages of the principal amount thereof) if redeemed during the 12-month period commencing on February 15 of the years set forth below: Year Percentage 2019 107.1 % 2020 104.8 % 2021 102.4 % 2022 and thereafter 100.0 %
Schedule of outstanding debt	Outstanding debt at June 30, 2016 and December 31, 2015 is summarized as follows: (in millions) June 30, December 31, Revolving credit facility $ 32.0 $ — Term Loan B 950.0 — Senior Notes due 2024 425.0 — Other 3.3 2.7 Total debt and capital leases including current portion 1,410.3 2.7 Less current portion and short-term borrowings (1.4 ) (0.4 ) Less unamortized debt issuance costs (39.0 ) — Total long-term debt and capital leases $ 1,369.9 $ 2.3

Description of the Business a62

Description of the Business and Basis of Presentation (Detail)	Jan. 29, 2015CompanyBusiness
Accounting Policies [Abstract]
Number of independent public companies | Company	2
Number of independent businesses | Business	2

Summary of Significant Accoun63

Summary of Significant Accounting Policies - Narrative (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets and Liabilities Eliminated upon Consolidation [Abstract]
Percentage of first-in, first-out (FIFO) method inventory	90.30%	88.60%
Increase in inventories if the FIFO inventory valuation method had been used exclusively	$ 3.4	$ 3.1
Stock-based compensation expense	2.3	2.4	$ 3.5
Research and development costs	$ 26.1	$ 31	$ 28.7

Schedule of Estimated Useful Li

Schedule of Estimated Useful Lives of Other Intangible Assets (Detail)	12 Months Ended
	Dec. 31, 2015
Engineering Drawings Member
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	15 years
Minimum | Patents
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	10 years
Minimum | Customer relationships
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	10 years
Maximum | Patents
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	20 years
Maximum | Customer relationships
Estimated useful lives of other intangible assets
Finite-lived intangible asset, useful life	20 years

Schedule of Estimated Useful 65

Schedule of Estimated Useful Lives of Property, Plant and Equipment (Detail)	12 Months Ended
	Dec. 31, 2015
Minimum | Building and improvements
Property, Plant and Equipment
Property, plant and equipment, useful lives	2 years
Minimum | Machinery, equipment and tooling
Property, Plant and Equipment
Property, plant and equipment, useful lives	2 years
Minimum | Furniture and fixtures
Property, Plant and Equipment
Property, plant and equipment, useful lives	3 years
Minimum | Computer hardware and software
Property, Plant and Equipment
Property, plant and equipment, useful lives	2 years
Maximum | Building and improvements
Property, Plant and Equipment
Property, plant and equipment, useful lives	40 years
Maximum | Machinery, equipment and tooling
Property, Plant and Equipment
Property, plant and equipment, useful lives	20 years
Maximum | Furniture and fixtures
Property, Plant and Equipment
Property, plant and equipment, useful lives	15 years
Maximum | Computer hardware and software
Property, Plant and Equipment
Property, plant and equipment, useful lives	7 years

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Detail) - USD ($) $ in Millions	Oct. 21, 2015	Oct. 01, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2016
Business Acquisition [Line Items]
Business acquisitions, net of cash acquired			$ 5.3	$ 0	$ 12.2
Goodwill			845.8	872.8	873.4	$ 845.9
Remeasurement gain			4.9	$ 0	$ 0
Inducs, AG (Inducs)
Business Acquisition [Line Items]
Business acquisitions, net of cash acquired		$ 12.2
Goodwill		5
Purchase price allocated to intangible assets		$ 7
Welbilt Thailand
Business Acquisition [Line Items]
Business acquisitions, net of cash acquired	$ 5.3
Goodwill	1.4
Purchase price allocated to intangible assets	$ 4.2
Previously held passive equity interest (as a percent)	50.00%
Remeasurement gain			$ 4.9

Discontinued Operations Discont

Discontinued Operations Discontinued Operations - Narrative (Detail) - USD ($) $ in Millions	Dec. 07, 2015	Jan. 28, 2013	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds received from discontinued operation											$ 78.2	$ 0	$ 0.7
Loss on sale of discontinued operations			$ 0	$ 0	$ 0	$ 0	$ 0	$ (1.1)	$ 0	$ 0	0	(1.1)	(2.7)
Loss on sale of discontinued operations, income tax benefit											$ 0	$ (0.6)	$ 4.4
Kysor Panel Systems
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale price of discontinued operations	$ 85
Cash proceeds received from discontinued operation	$ 78
Disposal date											Dec. 7, 2015
Jackson
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale price of discontinued operations		$ 39.2
Post-closing working capital adjustments		0.7
Loss on sale of discontinued operations		(2.7)
Loss on sale of discontinued operations, income tax benefit		$ (4.4)
Business Disposed Prior to 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale of discontinued operations								(1.1)
Loss on sale of discontinued operations, income tax benefit								$ (0.6)

Discontinued Operations - Summa

Discontinued Operations - Summary of Selected Financial Data of Businesses Which Are Classified As Discontinued Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Benefit for taxes on earnings	$ 0.1	$ (0.3)	$ (1)
Net earnings (loss) from discontinued operations	0.1	(0.4)	(0.5)
Jackson
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	0	0	2.5
Pretax earnings (loss) from discontinued operations	0	0	0.1
Benefit for taxes on earnings	0	0	(0.4)
Net earnings (loss) from discontinued operations	0	0	0.5
Business Disposed Prior to 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	0	0	0
Pretax earnings (loss) from discontinued operations	0.2	(0.7)	(1.6)
Benefit for taxes on earnings	0.1	(0.3)	(0.6)
Net earnings (loss) from discontinued operations	$ 0.1	$ (0.4)	$ (1)

Fair Value of Financial Instr69

Fair Value of Financial Instruments - Financial assets and liabilities accounted for at fair value on a recurring basis by level within the fair value hierarchy (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financial assets and liabilities accounted for at fair value on a recurring basis
Total liabilities at fair value		$ 3.6	$ 1.7	$ 0.8
Total assets at fair value				$ 0.1
Fair value measurement on recurring basis
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	$ 1.6	3.2	1.4
Total non-current liabilities at fair value		0.4	0.3
Total liabilities at fair value	1.6	3.6	1.7
Total current assets at fair value	1.4	0	0
Total non-current assets at fair value	0.1
Total assets at fair value	1.5	0	0
Fair value measurement on recurring basis | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0.9	0.1	0.7
Total current assets at fair value	1.3	0	0
Fair value measurement on recurring basis | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0.7	3.1	0.7
Total non-current liabilities at fair value		0.4	0
Total current assets at fair value	0.1
Total non-current assets at fair value	0.1
Fair value measurement on recurring basis | Level 1
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0	0	0
Total non-current liabilities at fair value		0	0
Total liabilities at fair value	0	0	0
Total current assets at fair value	0	0	0
Total non-current assets at fair value	0
Total assets at fair value	0	0	0
Fair value measurement on recurring basis | Level 1 | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0	0	0
Total current assets at fair value	0	0	0
Fair value measurement on recurring basis | Level 1 | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0	0	0
Total non-current liabilities at fair value		0	0
Total current assets at fair value	0
Total non-current assets at fair value	0
Fair value measurement on recurring basis | Level 2
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	1.6	3.2	1.4
Total non-current liabilities at fair value		0.4	0.3
Total liabilities at fair value	1.6	3.6	1.7
Total current assets at fair value	1.4	0	0
Total non-current assets at fair value	0.1
Total assets at fair value	1.5	0	0
Fair value measurement on recurring basis | Level 2 | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0.9	0.1	0.7
Total current assets at fair value	1.3	0	0
Fair value measurement on recurring basis | Level 2 | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0.7	3.1	0.7
Total non-current liabilities at fair value		0.4	0
Total current assets at fair value	0.1
Total non-current assets at fair value	0.1
Fair value measurement on recurring basis | Level 3
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0	0	0
Total non-current liabilities at fair value		0	0
Total liabilities at fair value	0	0	0
Total current assets at fair value	0	0	0
Total non-current assets at fair value	0
Total assets at fair value	0	0	0
Fair value measurement on recurring basis | Level 3 | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0	0	0
Total current assets at fair value	0	0	0
Fair value measurement on recurring basis | Level 3 | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current liabilities at fair value	0	0	0
Total non-current liabilities at fair value		$ 0	$ 0
Total current assets at fair value	0
Total non-current assets at fair value	$ 0

Derivative Financial Instrume70

Derivative Financial Instruments - Narrative (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Estimated amount of unrealized gains, net of tax, related to interest rate, commodity price and currency rate hedging that will be reclassified from other comprehensive income into earnings	$ 0.3	$ 0.8
Hedge period, low end of the range (in months)	12 months	12 months
Hedge period, high end of the range (in months)	24 months	24 months

Derivative Financial Instrume71

Derivative Financial Instruments - Schedule of Outstanding Commodity and Currency Forward Contracts (Detail)	12 Months Ended
	Dec. 31, 2015CADMMBTUT	Dec. 31, 2014CADMMBTUT	Dec. 31, 2013USD ($)MMBTUT	Dec. 31, 2015EUR (€)	Dec. 31, 2015MXN	Dec. 31, 2015GBP (£)	Dec. 31, 2014EUR (€)	Dec. 31, 2014MXN	Dec. 31, 2013CAD	Dec. 31, 2013EUR (€)
Commodity contracts | Designated as Hedging Instrument | Aluminum
Derivative [Line Items]
Commodity units hedged, mass	1,215,000	1,657,000	1,622,000
Commodity contracts | Designated as Hedging Instrument | Copper
Derivative [Line Items]
Commodity units hedged, mass	472,000	820,000	382,000
Commodity contracts | Designated as Hedging Instrument | Natural Gas
Derivative [Line Items]
Commodity units hedged, energy | MMBTU	49,396	56,792	149,994
Commodity contracts | Designated as Hedging Instrument | Steel
Derivative [Line Items]
Commodity units hedged, mass	11,073	12,634	8,806
Foreign currency exchange contracts | Designated as Hedging Instrument | Canadian Dollar
Derivative [Line Items]
Currency units hedged | CAD	CAD 587,556	CAD 7,984,824							CAD 10,422,932
Foreign currency exchange contracts | Designated as Hedging Instrument | European Euro
Derivative [Line Items]
Currency units hedged | €				€ 231,810						€ 13,447,750
Foreign currency exchange contracts | Designated as Hedging Instrument | Great British Pound
Derivative [Line Items]
Currency units hedged | £						£ 113,115
Foreign currency exchange contracts | Designated as Hedging Instrument | Mexican Peso
Derivative [Line Items]
Currency units hedged | MXN					MXN 28,504,800			MXN 52,674,383
Foreign currency exchange contracts | Designated as Hedging Instrument | United States Dollar
Derivative [Line Items]
Currency units hedged | $			$ 2,100,000
Foreign currency exchange contracts | Not Designated as Hedging Instrument | Canadian Dollar
Derivative [Line Items]
Currency units hedged | CAD	CAD 1,117,850	CAD 2,516
Foreign currency exchange contracts | Not Designated as Hedging Instrument | European Euro
Derivative [Line Items]
Currency units hedged | €							€ 2,172,068
Foreign currency exchange contracts | Not Designated as Hedging Instrument | Mexican Peso
Derivative [Line Items]
Currency units hedged | MXN								MXN 3,151,000

Derivative Financial Instrume72

Derivative Financial Instruments - Schedule of Fair Value of Outstanding Derivative Contracts Recorded As Liabilities in the Accompanying Consolidated Balance Sheet (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Derivative [Line Items]
Total liabilities at fair value	$ 3.6	$ 1.7	$ 0.8
Designated as Hedging Instrument
Derivative [Line Items]
Total liabilities at fair value	2.8	1.6	0.8
Not Designated as Hedging Instrument
Derivative [Line Items]
Total liabilities at fair value	0.8	0.1	0
Accounts payable and accrued expenses | Foreign currency exchange contracts | Designated as Hedging Instrument
Derivative [Line Items]
Total current liabilities at fair value	0.1	0.6	0.4
Accounts payable and accrued expenses | Foreign currency exchange contracts | Not Designated as Hedging Instrument
Derivative [Line Items]
Total current liabilities at fair value			0
Accounts payable and accrued expenses | Commodity contracts | Designated as Hedging Instrument
Derivative [Line Items]
Total current liabilities at fair value	2.4	0.7	$ 0.4
Accounts payable and accrued expenses | Commodity contracts | Not Designated as Hedging Instrument
Derivative [Line Items]
Total current liabilities at fair value	0.7	0.1
Other non-current liabilities | Commodity contracts | Designated as Hedging Instrument
Derivative [Line Items]
Total non-current liabilities at fair value	0.3	$ 0.3
Other non-current liabilities | Commodity contracts | Not Designated as Hedging Instrument
Derivative [Line Items]
Total non-current liabilities at fair value	$ 0.1

Derivative Financial Instrume73

Derivative Financial Instruments - Schedule of Effect of Derivative Instruments on Consolidated Statement of Operations for Gains or Losses Initially Recognized in Other Comprehensive Income (OCI) in Consolidated Balance Sheet (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Designated as Hedging Instrument
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)	$ 0.1	$ 0.1	$ 0.1
Designated as Hedging Instrument | Cash Flow Hedging
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax)	(0.8)	(0.6)	0
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)	(4.8)	(1.2)	(1.9)
Designated as Hedging Instrument | Foreign currency exchange contracts | Cash Flow Hedging
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax)	0.3	(0.1)	(0.3)
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)	(1.4)	(0.9)	(0.4)
Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)	0.1	0.1	0.1
Designated as Hedging Instrument | Commodity contracts | Cash Flow Hedging
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in AOCI on Derivative (Effective Portion, net of tax)	(1.1)	(0.5)	0.3
Amount of Gain or (Loss) Reclassified from AOCI into Income (Effective Portion)	(3.4)	(0.3)	$ (1.5)
Not Designated as Hedging Instrument
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	(0.7)	0
Not Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	0.1	$ 0
Not Designated as Hedging Instrument | Commodity contracts | Short Term
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	(0.7)
Not Designated as Hedging Instrument | Commodity contracts | Long Term
Derivative [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative	$ (0.1)

Derivative Financial Instrume74

Derivative Financial Instruments - Schedule of Fair Value of Outstanding Derivative Contracts Recorded As Assets in the Accompanying Consolidated Balance Sheet (Detail) $ in Millions	Dec. 31, 2013USD ($)
Derivative [Line Items]
Asset derivatives	$ 0.1
Designated as Hedging Instrument
Derivative [Line Items]
Asset derivatives	0.1
Not Designated as Hedging Instrument
Derivative [Line Items]
Asset derivatives	0
Other Current Assets [Member] | Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative [Line Items]
Total current assets at fair value	0
Other Current Assets [Member] | Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Total current assets at fair value	0.1
Other Current Assets [Member] | Not Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative [Line Items]
Total current assets at fair value	$ 0

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Inventories - gross:
Raw materials	$ 74.1	$ 70.7	$ 77.2
Work-in-process	19.4	18.7	21.5
Finished goods	98.2	83.4	87.9
Total inventories - gross	191.7	172.8	186.6
Excess and obsolete inventory reserve	(24.7)	(23.5)	(20.3)
Net inventories at FIFO cost	167	149.3	166.3
Excess of FIFO costs over LIFO value	(3.4)	(3.4)	(3.1)
Inventories - net	$ 163.6	$ 145.9	$ 163.2

Property, Plant and Equipment76

Property, Plant and Equipment (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment
Total cost	$ 382.3	$ 384.8	$ 421.5
Less accumulated depreciation	(270.9)	(268.4)	(287.2)
Property, plant and equipment-net	111.4	116.4	134.3
Land
Property, Plant and Equipment
Total cost	7.3	7.3	6.6
Building and improvements
Property, Plant and Equipment
Total cost	91.8	94.3	100.1
Machinery, equipment and tooling
Property, Plant and Equipment
Total cost	213.2	216	237
Furniture and fixtures
Property, Plant and Equipment
Total cost	6	6.2	6.6
Computer hardware and software
Property, Plant and Equipment
Total cost	53.8	51.2	58.5
Construction in progress
Property, Plant and Equipment
Total cost	$ 10.2	$ 9.8	$ 12.7

Goodwill and Other Intangible77

Goodwill and Other Intangible Assets - Narrative (Detail)	Oct. 21, 2015USD ($)	Oct. 01, 2013USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)Segment	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)	Dec. 31, 2015USD ($)Segment	Dec. 31, 2014USD ($)Segment	Dec. 31, 2013USD ($)Segment
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Number of reportable segments | Segment					3				3	3	3
Impairment of intangible assets					$ 0	$ 0	$ 0	$ 0
Business acquisitions, net of cash acquired									$ 5,300,000	$ 0	$ 12,200,000
Goodwill			$ 845,900,000		845,900,000				845,800,000	872,800,000	873,400,000
Amortization of intangible assets			$ 7,900,000	$ 7,900,000	$ 15,700,000	$ 15,700,000			31,400,000	$ 31,800,000	$ 31,400,000
Future amortization expense, 2016									32,000,000
Future amortization expense, 2017									32,000,000
Future amortization expense, 2018									32,000,000
Future amortization expense, 2019									32,000,000
Future amortization expense, 2020									$ 32,000,000
Inducs, AG (Inducs)
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Business acquisitions, net of cash acquired		$ 12,200,000
Goodwill		5,000,000
Purchase price allocated to intangible assets		7,000,000
Inducs, AG (Inducs) | Trademarks
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Intangible assets acquired not subject to amortization		700,000
Inducs, AG (Inducs) | Customer relationships
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Intangible assets acquired subject to amortization		$ 1,200,000
Finite-lived intangible asset, useful life		19 years
Inducs, AG (Inducs) | Developed Technology Rights [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Intangible assets acquired subject to amortization		$ 5,100,000
Finite-lived intangible asset, useful life		12 years
Welbilt Thailand
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Business acquisitions, net of cash acquired	$ 5,300,000
Goodwill	1,400,000
Purchase price allocated to intangible assets	$ 4,200,000
Outstanding shares acquired (as a percent)	50.00%

Goodwill and Other Intangible78

Goodwill and Other Intangible Assets - Changes in goodwill by reportable segment (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill [Roll Forward]
Gross balance at the beginning of the period	$ 1,361.5	$ 1,388.5	$ 1,389.1	$ 1,384.7
Goodwill beginning of period	845.8	872.8	873.4
Impact of acquisitions and divestitures		(26.5)		5
Restructuring reserve adjustment				(0.7)
Foreign currency impact	0.1	(0.5)	(0.6)	0.1
Gross balance at the end of the period		1,361.5	1,388.5	1,389.1
Accumulated asset impairments		(515.7)	(515.7)	(515.7)
Goodwill end of period	845.9	845.8	872.8	873.4
Americas
Goodwill [Roll Forward]
Gross balance at the beginning of the period	1,144.8	1,172.7	1,172.7	1,172.8
Goodwill beginning of period	832.6	860.5	860.5
Impact of acquisitions and divestitures		(27.9)		0
Restructuring reserve adjustment				(0.7)
Foreign currency impact	0	0	0	0.6
Gross balance at the end of the period		1,144.8	1,172.7	1,172.7
Accumulated asset impairments		(312.2)	(312.2)	(312.2)
Goodwill end of period	832.6	832.6	860.5	860.5
EMEA
Goodwill [Roll Forward]
Gross balance at the beginning of the period	208.3	208.4	208.9	204.5
Goodwill beginning of period	4.8	4.9	5.4
Impact of acquisitions and divestitures		0		5
Restructuring reserve adjustment				0
Foreign currency impact	0.1	(0.1)	(0.5)	(0.6)
Gross balance at the end of the period		208.3	208.4	208.9
Accumulated asset impairments		(203.5)	(203.5)	(203.5)
Goodwill end of period	4.9	4.8	4.9	5.4
APAC
Goodwill [Roll Forward]
Gross balance at the beginning of the period	8.4	7.4	7.5	7.4
Goodwill beginning of period	8.4	7.4	7.5
Impact of acquisitions and divestitures		1.4		0
Restructuring reserve adjustment				0
Foreign currency impact	0	(0.4)	(0.1)	0.1
Gross balance at the end of the period		8.4	7.4	7.5
Accumulated asset impairments		0	0	0
Goodwill end of period	$ 8.4	$ 8.4	$ 7.4	$ 7.5

Goodwill and Other Intangible79

Goodwill and Other Intangible Assets - Company's intangible assets other than goodwill (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Estimated useful lives of other intangible assets
Gross Carrying Amount	$ 734.4	$ 735.2	$ 776.8
Accumulated Amortization Amount	(231.1)	(215.6)	(192.3)
Net Book Value	503.3	519.6	584.5
Trademarks and tradenames
Estimated useful lives of other intangible assets
Gross Carrying Amount	174.8	175.1	199.4
Net Book Value	174.8	175.1	199.4
Customer relationships
Estimated useful lives of other intangible assets
Gross Carrying Amount	415.3	415.2	415
Accumulated Amortization Amount	(161)	(150.4)	(129.5)
Net Book Value	254.3	264.8	285.5
Patents
Estimated useful lives of other intangible assets
Gross Carrying Amount	1.7	1.7	1.7
Accumulated Amortization Amount	(1.7)	(1.6)	(1.4)
Net Book Value	0	0.1	0.3
Other intangibles
Estimated useful lives of other intangible assets
Gross Carrying Amount	142.6	143.2	160.7
Accumulated Amortization Amount	(68.4)	(63.6)	(61.4)
Net Book Value	$ 74.2	$ 79.6	$ 99.3

Accounts Payable and Accrued 80

Accounts Payable and Accrued Expenses and Other Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Trade accounts payable and interest payable	$ 123.1	$ 121.7	$ 161.5
Income taxes payable	1.3	7.3	5.2
Total accounts payable	124.4	129	166.7
Employee related expenses	31.9	24.5	31.1
Restructuring expenses	4.5	16.8	15.6
Profit sharing and incentives	10.9	3.9	4.1
Accrued rebates	41.6	51.6	52.3
Deferred revenue - current	3.6	3.8	3.8
Dividend payable to MTW	0	10.2	6.2
Customer advances	5.8	2.9	3.9
Product liability	3.1	2.6	2.2
Miscellaneous accrued expenses	44.9	41.3	46.2
Total accrued expenses and other liabilities	$ 146.3	$ 157.6	$ 165.4

Accounts Receivable Securitiz81

Accounts Receivable Securitization (Detail)	6 Months Ended	12 Months Ended
	Jun. 30, 2016USD ($)Company	Dec. 31, 2015USD ($)Company	Dec. 31, 2014USD ($)	Mar. 03, 2016USD ($)
Related Party Transaction [Line Items]
Capacity of securitization program				$ 110,000,000
Average collection cycle for accounts receivable (less than)	60 days	60 days
Fair value of deferred purchase price notes	$ 75,900,000	$ 48,400,000	$ 33,100,000
Trade accounts receivable balance sold	90,700,000	$ 100,900,000	$ 21,100,000
Accounts receivable securitization	$ 15,900,000
Net Parent Company Investment
Related Party Transaction [Line Items]
Number of funding entities | Company	2	2
Capacity of securitization program		$ 185,000,000
Net Parent Company Investment | LIBOR
Related Party Transaction [Line Items]
Fixed spread (as a percent)	1.25%	1.25%

Income Taxes - Summary of Earni

Income Taxes - Summary of Earnings From Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended									6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings from continuing operations before income taxes:
Domestic												$ 121.2	$ 123.3	$ 157.2
Foreign												75.1	63.9	47.4
Earnings before income taxes	$ 19.2	$ 62.8	$ 59.1	$ 53.9	$ 20.6	$ 37.7	$ 51	$ 52.4	$ 46.1	$ 41.9	$ 74.4	$ 196.3	$ 187.2	$ 204.6

Schedule of Provision Income Ta

Schedule of Provision Income Taxes From Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current:
Federal and state					$ 51.1	$ 28.3	$ 51.9
Foreign					18.2	15.1	13
Total current					69.3	43.4	64.9
Deferred:
Federal and state					(27.9)	(12)	(9)
Foreign					(2.1)	(5.5)	(0.6)
Total deferred					(30)	(17.5)	(9.6)
Income tax provision	$ 4.1	$ 17	$ 8.7	$ 23.5	$ 39.3	$ 25.9	$ 55.3

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Federal Statutory Income Tax Rate to Company's Effective Income Tax Rate For Continuing Operations (Detail)	3 Months Ended	6 Months Ended	12 Months Ended
	Sep. 30, 2014	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of the federal statutory income tax rate to the company's effective income tax rate for continuing operations
Federal income tax at statutory rate		35.00%	35.00%	35.00%	35.00%
State income provision			1.40%	1.40%	1.90%
Manufacturing and research incentives			(1.70%)	(1.70%)	(2.90%)
Taxes on foreign income which differ from the U.S. statutory rate			(3.90%)	(2.40%)	(3.20%)
Adjustments for unrecognized tax benefits			0.10%	4.30%	(3.50%)
Adjustments for valuation allowances			(13.80%)	21.50%	(0.30%)
Capital loss generation			0.00%	(41.40%)	0.00%
Business acquisitions & divestitures			4.10%	0.00%	0.00%
Other items			(1.10%)	(2.90%)	0.00%
Effective tax rate	13.70%		20.10%	13.80%	27.00%

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Detail) $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2016USD ($)Segment	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)Segment	Dec. 31, 2014USD ($)Segment	Dec. 31, 2013USD ($)Segment	Dec. 31, 2012USD ($)
Income Tax Disclosure [Line Items]
Federal income tax at statutory rate					35.00%		35.00%	35.00%	35.00%
Income tax provision	$ 4.1	$ 17			$ 8.7	$ 23.5	$ 39.3	$ 25.9	$ 55.3
Capital loss tax benefit				$ 25.6
Effective income tax rate reconciliation, percent				13.70%			20.10%	13.80%	27.00%
Effective income tax rate reconciliation, state and local income taxes, amount							$ 79.5
Valuation allowance on the net deferred tax asset operating loss carryforward, foreign							328
Uncertain tax liabilities interest and penalties accrued			$ 0.8				0.9	$ 0.8
Unrecognized tax benefits and income tax expense possibly reduced from audit resolutions							$ 0.7
Decrease in earnings from operations	(34.7)				(32.5)
Decrease in tax provision					$ 2.9
Number of reportable segments | Segment					3		3	3	3
Unrecognized tax benefits	12.1		$ 16.6		$ 12.1		$ 16.6	$ 16.6	$ 7.8	$ 17.1
Decrease in unrecognized tax benefits					0.4
Unrecognized tax benefits reasonably possible to impact effective income tax rate	$ 1.2				$ 1.2
Kysor Panel Systems
Income Tax Disclosure [Line Items]
Income tax provision							(17.8)
Decrease in deferred tax liability							(13.8)
United States
Income Tax Disclosure [Line Items]
Net operating loss carryforwards							$ 63.3
Operating loss carryforwards, expiration date							Jan. 1, 2019
United States | Minimum
Income Tax Disclosure [Line Items]
Year under examination			2,010	2,007			2,012
United States | Maximum
Income Tax Disclosure [Line Items]
Year under examination			2,011	2,009			2,015
Foreign Tax Authority [Member]
Income Tax Disclosure [Line Items]
Net operating loss carryforwards							$ 340.7
State and Local Jurisdiction [Member] | Minimum
Income Tax Disclosure [Line Items]
Year under examination							2,011
State and Local Jurisdiction [Member] | Maximum
Income Tax Disclosure [Line Items]
Year under examination							2,015
GERMANY | Minimum
Income Tax Disclosure [Line Items]
Year under examination							2,011
GERMANY | Maximum
Income Tax Disclosure [Line Items]
Year under examination							2,015
CHINA | Minimum
Income Tax Disclosure [Line Items]
Year under examination							2,007
CHINA | Maximum
Income Tax Disclosure [Line Items]
Year under examination							2,015

Income Taxes - Schedules of def

Income Taxes - Schedules of deferred tax assets (liabilities) (Detail) - USD ($) $ in Millions		Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Current deferred tax assets (liabilities):
Inventories			$ 0	$ 5.1
Accounts receivable			0	1.2
Product warranty reserves			0	10.9
Product liability reserves			0	0.8
Deferred revenue, current portion			0	(0.2)
Deferred employee benefits			0	4.7
Other reserves and allowances			0	5.4
Less valuation allowance			0	(8.3)
Net deferred tax assets, current	[1]		0	19.6
Non-current deferred tax assets (liabilities):
Inventories			7.6	0
Accounts receivable			1.2	0
Property, plant and equipment			(2.8)	(8.3)
Intangible assets			(218.9)	(242.4)
Deferred employee benefits			15.7	12.7
Product warranty reserves			14.4	3.9
Product liability reserves			1	0
Loss carryforwards			84.9	119.1
Deferred revenue			1.1	1.5
Other			16.9	9.7
Total non-current deferred tax liabilities			(78.9)	(103.8)
Less valuation allowance			(80.1)	(104.9)
Net deferred tax liabilities, non-current			(159)	(208.7)
Components of Deferred Tax Assets and Liabilities [Abstract]
Current income tax asset			0	23.7
Long-term income tax assets, included in other non-current assets			8.9	9.3
Current deferred income tax liability, included in accounts payable and accrued expenses			0	(4.1)
Long-term deferred income tax liability		$ (152.8)	(167.9)	(218)
Net deferred income tax liability			$ (159)	$ (189.1)
[1]	In 2015, MFS early adopted ASU No. 2015-17, "Balance Sheet Classification of Deferred Taxes" which eliminated the requirement to present deferred tax liabilities and assets as current and non-current on the balance sheet. Prior periods were not retrospectively adjusted.

Income Taxes - Reconciliation87

Income Taxes - Reconciliation of Beginning And Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 16.6	$ 7.8	$ 17.1
Additions based on tax positions related to the current year	0.2	14.1	1
Additions for tax positions of prior years	0	0	0.1
Reductions based on settlements with taxing authorities	0	(2.8)	(8)
Reductions for lapse of statute	(0.2)	(2.5)	(2.4)
Balance at end of year	$ 16.6	$ 16.6	$ 7.8

Other Operating Expense - Net -

Other Operating Expense - Net - Summary of the components of other operating expense - net (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Income and Expenses [Abstract]
Amortization expense	$ 7.9	$ 7.9	$ 15.7	$ 15.7	$ 31.4	$ 31.8	$ 31.4
Asset impairments					9	1.1	0
Restructuring expense	0.3	(0.2)	1.6	0.5	4.6	2.6	2.9
Separation expense	$ 1.3	$ 0.5	$ 4.3	$ 0.5	4.3	0	0
Other expense (income)					0.9	0.4	(0.8)
Total other operating expense					$ 50.2	$ 35.9	$ 33.5

Other Income (Expense) - Net -

Other Income (Expense) - Net - Summary of the components of other income (expense) - net (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Income and Expenses [Abstract]
Gain on sale of Kysor Panel Systems		$ 9.9	$ 0	$ 0
Gain on sale of investment property		5.4	0	0
Gain on acquisition of Thailand joint venture		4.9	0	0
Other	[1]	1.8	(0.6)	0.7
Other income (expense) - net		$ 22	$ (0.6)	$ 0.7
[1]	Other consists primarily of foreign currency gains and losses.

Components of Accumulated Other

Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Foreign currency translation		$ (7.9)	$ 17.3
Derivative instrument fair market value, net of income taxes of $0.9 and $0.4		(1.8)	(1)
Employee pension and postretirement benefit adjustments, net of income taxes of $0.3 and $0.8		(34.8)	(37)
Accumulated other comprehensive loss	$ (39.6)	$ (44.5)	$ (20.7)

Components of Accumulated Oth91

Components of Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Derivative instrument	$ 0.9	$ 0.4
Employee pension and postretirement	$ 0.3	$ 0.8

Equity - Reconciliations for th

Equity - Reconciliations for the changes in accumulated other comprehensive income (loss) (Detail) - USD ($) $ in Millions	3 Months Ended				6 Months Ended		12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		$ 1,208.7		$ 1,251.4	$ 1,208.7	$ 1,251.4	$ 1,251.4	$ 1,268.4
Amounts reclassified from accumulated other comprehensive income (loss)							4.1	1.2
Net current period other comprehensive income (loss)	$ (4.3)		$ 0.8		4.9	(10.3)	(23.8)	(21.9)	$ 8
Ending balance	(111.1)		1,322.3		(111.1)	1,322.3	1,208.7	1,251.4	1,268.4
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	9.3	(7.9)	6.2	17.3	(7.9)	17.3	17.3	34.2
Other comprehensive (loss) income before reclassifications		17.2		(11.1)	(6.1)	1.3	(25.2)	(16.9)
Amounts reclassified from accumulated other comprehensive income (loss)				0	0	0	0	0
Net current period other comprehensive income (loss)		17.2		(11.1)	(6.1)	1.3	(25.2)	(16.9)
Ending balance	3.2	9.3	7.5	6.2	3.2	7.5	(7.9)	17.3	34.2
Gains and Losses on Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(0.9)	(1.8)	(2.7)	(1)	(1.8)	(1)	(1)	(0.4)
Other comprehensive (loss) income before reclassifications		0.3		(2.4)	1.1	0.1	(3.8)	(1.4)
Amounts reclassified from accumulated other comprehensive income (loss)		0.6		0.7	0.4	0.6	3	0.8
Net current period other comprehensive income (loss)		0.9		(1.7)	1.5	0.7	(0.8)	(0.6)
Ending balance	0.6	(0.9)	(2)	(2.7)	0.6	(2)	(1.8)	(1)	(0.4)
Pension & Postretirement
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(43.7)	(34.8)	(35.3)	(37)	(34.8)	(37)	(37)	(32.6)
Other comprehensive (loss) income before reclassifications		(9.4)		1.4	0.1	(1.4)	1.1	(4.8)
Amounts reclassified from accumulated other comprehensive income (loss)		0.5		0.3	0.2	0.2	1.1	0.4
Net current period other comprehensive income (loss)		(8.9)		1.7	0.3	(1.2)	2.2	(4.4)
Ending balance	(43.4)	(43.7)	(36.5)	(35.3)	(43.4)	(36.5)	(34.8)	(37)	(32.6)
Accumulated Other Comprehensive (Loss) Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(35.3)	(44.5)	(31.8)	(20.7)	(44.5)	(20.7)	(20.7)	1.2	(6.8)
Other comprehensive (loss) income before reclassifications		8.1		(12.1)	(4.9)	0	(27.9)	(23.1)
Amounts reclassified from accumulated other comprehensive income (loss)		1.1		1	0.6	0.8	4.1	1.2
Net current period other comprehensive income (loss)		9.2		(11.1)	(4.3)	0.8	(23.8)	(21.9)	8
Ending balance	$ (39.6)	$ (35.3)	$ (31)	$ (31.8)	$ (39.6)	$ (31)	$ (44.5)	$ (20.7)	$ 1.2

Equity - Reclassification out o

Equity - Reclassification out of accumulated other comprehensive income (Detail) - USD ($) $ in Millions		3 Months Ended											6 Months Ended			12 Months Ended
		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015		Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015		Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales		$ 233.7				$ 280.8							$ 441.6	$ 519.6		$ 1,068.4		$ 1,073.3		$ 1,030.9
Total before tax		(19.2)		$ (62.8)	$ (59.1)	(53.9)		$ (20.6)	$ (37.7)	$ (51)	$ (52.4)	$ (46.1)	(41.9)	(74.4)		(196.3)		(187.2)		(204.6)
Income taxes		4.1				17							8.7	23.5		39.3		25.9		55.3
Net earnings		(15.1)		$ (65.1)	$ (41.1)	(36.9)		(14)	$ (27.4)	$ (62.9)	$ (36.9)	$ (32.6)	(33.2)	(50.9)		(157.1)		(159.8)		$ (146.1)
Total reclassifications for the period																(4.1)		(1.2)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net earnings																(3)
Total reclassifications for the period		(0.6)				(0.8)							(1.6)	(1.8)
Gains and Losses on Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period			$ (0.6)					(0.7)					(0.4)	(0.6)		(3)		(0.8)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax		(0.3)				(1)							(1.3)	(2.1)		(4.8)		(1.2)
Income taxes		0.1				0.4							0.5	0.8		1.8		0.4
Net earnings		(0.2)				(0.6)							(0.8)	(1.3)				(0.8)
Total before tax	[1]	(0.7)											(1.3)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income | Foreign currency exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales						(0.4)							(0.1)	(0.9)		(1.4)		(0.9)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income | Commodity contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales		(0.3)				(0.6)							(1.2)	(1.2)		(3.4)		(0.3)
Amortization of prior service cost
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax																0		0.3	[2]
Actuarial losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax						(0.2)	[1]							(0.5)	[1]	(1.1)	[2]	(0.8)	[2]
Pension & Postretirement
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax						(0.2)								(0.5)		(1.1)		(0.5)
Tax benefit																0		0.1
Total reclassifications for the period			$ (0.5)					$ (0.3)					(0.2)	(0.2)		$ (1.1)		$ (0.4)
Pension & Postretirement | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax		(0.7)											(1.3)
Tax benefit		0.3											0.5
Total reclassifications for the period		$ (0.4)				$ (0.2)							$ (0.8)	$ (0.5)
[1]	These other comprehensive income (loss) components are included in the net periodic pension cost (see Note 16, "Employee Benefit Plans," for further details).
[2]	These other comprehensive income components are included in the net periodic pension cost (see Note 19, "Employee Benefit Plans," for further details).

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stock-Based Compensation
Stock-based compensation expense					$ 2.3	$ 2.4	$ 3.5
Number of share options granted during the period (in shares)			300,000	100,000
Exercise Price, low end of range					$ 4.41
Exercise Price, high end of range					$ 43.33
Share-based Compensation Arrangement by Share-based Payment Award, Accelerated Vesting, Number					100,000
Stock-based compensation expense	$ 1.8	$ 0.6	$ 2.6	$ 1.6
Separation expense	$ 1.3	$ 0.5	4.3	$ 0.5	$ 4.3	$ 0	0
Minimum
Stock-Based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant						0
Maximum
Stock-Based Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant						100,000
Restricted Stock
Stock-Based Compensation
Stock-based compensation expense					0.5
Separation expense			$ 0.8
Shares issued			300,000	200,000
Stock Options
Stock-Based Compensation
Stock-based compensation expense					$ 0.6	$ 0.9	$ 1.7
Number of share options granted during the period (in shares)					400,000	100,000	100,000
Stock-based compensation expense, Net of Tax					$ 0.4	$ 0.5	$ 1
Unrecognized compensation expense					$ 1.4
Recognition period for unrecognized compensation expense					3 years 3 months 18 days
weighted average fair value of options granted per share					$ 9.71	$ 14.83	$ 9
Stock Options | Director [Member]
Stock-Based Compensation
Expiration period					10 years
Stock Options | Officers And Employees [Member] | Prior To 2011 Grant [Member]
Stock-Based Compensation
Expiration period					10 years
Vesting rights percentage (as a percent)					25.00%
Vesting period (in years)					4 years
Stock Options | Officers And Employees [Member] | Two Thousand Eleven Equity Grants [Member]
Stock-Based Compensation
Expiration period					10 years
Vesting rights percentage (as a percent)					25.00%
Vesting period (in years)					4 years
Restricted Stock Units (RSUs) [Member]
Stock-Based Compensation
Stock-based compensation expense					$ 1.7	$ 0.9	$ 1
Stock-based compensation expense, Net of Tax					$ 1.1	$ 0.6	$ 0.6
Granted restricted performance stock units					200,000	100,000	100,000
Performance Shares
Stock-Based Compensation
Recognition period for unrecognized compensation expense					1 year 9 months 18 days
Granted restricted performance stock units					200,000
Unrecognized compensation expense					$ 1.7
2016 Plan
Stock-Based Compensation
Total intrinsic value of stock options exercised					$ 1.8	$ 8	$ 1.5
Number of shares of common stock authorized under the plan (in shares)	16,200,000		16,200,000
2016 Plan | Stock Options
Stock-Based Compensation
Vesting rights percentage (as a percent)			25.00%
Vesting period (in years)			4 years
2016 Plan | Performance Shares
Stock-Based Compensation
Vesting rights percentage (as a percent)			75.00%
Performance period			3 years

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of the company's stock option activity (Detail) - USD ($) $ / shares in Units, shares in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Shares
Granted (in shares)	0.3	0.1
Stock Options
Shares
Options outstanding at the beginning of the period (in shares)	1.4	1.2	1.2
Granted (in shares)			0.4	0.1	0.1
Exercised (in shares)			(0.2)
Cancelled (in shares)			0
Options outstanding at the end of the period (in shares)			1.4	1.2
Options exercisable (in shares)			1
Weighted Average Exercise Price
Options outstanding at the beginning of the period	$ 17.70	$ 16.31	$ 16.31
Granted (in dollars per share)			19.59
Exercised			9.08
Options canceled weighted average cost			22.26
Options outstanding at the end of the period			17.70	$ 16.31
Options exercisable			$ 16.91
Aggregate Intrinsic Value
Options outstanding (in dollars)			$ 3.2
Options exercisable (in dollars)			$ 3.2
Stock Options | Scenario, Previously Reported [Member]
Shares
Options outstanding at the beginning of the period (in shares)		0.7	0.7
Options outstanding at the end of the period (in shares)				0.7
Weighted Average Exercise Price
Options outstanding at the beginning of the period		$ 15.90	$ 15.90
Options outstanding at the end of the period				$ 15.90
Stock Options | Restatement Adjustment [Member]
Shares
Options outstanding at the beginning of the period (in shares)		0.5	0.5
Options outstanding at the end of the period (in shares)				0.5
Weighted Average Exercise Price
Options outstanding at the beginning of the period		$ 16.31	$ 16.31
Options outstanding at the end of the period				$ 16.31

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of the options outstanding and exercisable by range of exercise prices (Detail) shares in Millions	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	$ 4.41
Exercise Price, high end of range (in dollars per share)	43.33
$4.41 - $11.34
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	4.41
Exercise Price, high end of range (in dollars per share)	11.34
$11.35 - $18.13
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	11.35
Exercise Price, high end of range (in dollars per share)	18.13
$18.14 - $26.09
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	18.14
Exercise Price, high end of range (in dollars per share)	26.09
$26.10 - $29.06
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	26.10
Exercise Price, high end of range (in dollars per share)	29.06
$29.07 - $38.86
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	29.07
Exercise Price, high end of range (in dollars per share)	38.86
$38.87 - $43.33
Options outstanding and exercisable by range of exercise prices
Exercise Price, low end of range (in dollars per share)	38.87
Exercise Price, high end of range (in dollars per share)	$ 43.33
Stock Options
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	1.4
Weighted Average Remaining Contractual Life (in years)	4 years 3 months 18 days
Weighted Average Exercise Price (in dollars per share)	$ 17.70
Exercisable Options (in shares) | shares	1
Weighted Average Exercise Price (in dollars per share)	$ 16.91
Stock Options | $4.41 - $11.34
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	0.2
Weighted Average Remaining Contractual Life (in years)	2 years 10 months 24 days
Weighted Average Exercise Price (in dollars per share)	$ 4.41
Exercisable Options (in shares) | shares	0.2
Weighted Average Exercise Price (in dollars per share)	$ 4.41
Stock Options | $11.35 - $18.13
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	0.4
Weighted Average Remaining Contractual Life (in years)	5 years 4 months 24 days
Weighted Average Exercise Price (in dollars per share)	$ 13.79
Exercisable Options (in shares) | shares	0.3
Weighted Average Exercise Price (in dollars per share)	$ 12.72
Stock Options | $18.14 - $26.09
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	0.4
Weighted Average Remaining Contractual Life (in years)	5 years 2 months 12 days
Weighted Average Exercise Price (in dollars per share)	$ 20.13
Exercisable Options (in shares) | shares	0.3
Weighted Average Exercise Price (in dollars per share)	$ 19.70
Stock Options | $26.10 - $29.06
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	0.1
Weighted Average Remaining Contractual Life (in years)	3 months 18 days
Weighted Average Exercise Price (in dollars per share)	$ 26.10
Exercisable Options (in shares) | shares	0
Weighted Average Exercise Price (in dollars per share)	$ 26.10
Stock Options | $29.07 - $38.86
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	0.2
Weighted Average Remaining Contractual Life (in years)	3 years 8 months 12 days
Weighted Average Exercise Price (in dollars per share)	$ 29.27
Exercisable Options (in shares) | shares	0.1
Weighted Average Exercise Price (in dollars per share)	$ 29.34
Stock Options | $38.87 - $43.33
Options outstanding and exercisable by range of exercise prices
Outstanding Options (in shares) | shares	0.1
Weighted Average Remaining Contractual Life (in years)	1 year 10 months 24 days
Weighted Average Exercise Price (in dollars per share)	$ 39.27
Exercisable Options (in shares) | shares	0.1
Weighted Average Exercise Price (in dollars per share)	$ 39.27

Stock-Based Compensation - Sc97

Stock-Based Compensation - Schedule of the assumptions used to estimate the fair value of each option grant (Detail) - Stock Options	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding By Exercise Price [Line Items]
Expected Life (years)	6 years	6 years	6 years
Risk-free Interest rate	1.80%	1.90%	1.10%
Expected volatility	56.00%	55.00%	56.00%
Expected dividend yield	0.30%	0.40%	0.60%

Stock-Based Compensation - Sc98

Stock-Based Compensation - Schedule of nonvested share activity (Detail) - Performance Shares shares in Millions	12 Months Ended
	Dec. 31, 2015$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested beginning balance | shares	0.2
Granted | shares	0.2
Vested | shares	(0.1)
Cancelled | shares	(0.1)
Unvested ending balance | shares	0.2
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value beginning | $ / shares	$ 30.72
Granted | $ / shares	21.67
Vested | $ / shares	24.82
Cancelled | $ / shares	24.11
Weighted average grant date fair value ending | $ / shares	$ 24.50

Contingencies and Significant99

Contingencies and Significant Estimates - Narrative (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Product Warranty Liability [Line Items]
Accruals for environmental matters	$ 300,000	$ 400,000
Period over which product liability self-insurance retention levels have fluctuated (in years)	10 years	10 years
Product liability reserves	$ 3,100,000	$ 2,600,000	$ 2,200,000
Product liability reserves for actual cases	1,200,000	900,000	200,000
Product liability reserves for claims incurred but not reported	1,900,000	1,700,000	2,000,000
Product warranties accrual	36,600,000	40,000,000	42,000,000	$ 38,300,000
Product warranties	31,100,000	34,300,000	$ 36,000,000
Minimum
Product Warranty Liability [Line Items]
Product liability self-insurance retention levels per occurrence	100,000	100,000
Maximum
Product Warranty Liability [Line Items]
Product liability self-insurance retention levels per occurrence	$ 300,000	$ 250,000

Product Warranties - Narrative

Product Warranties - Narrative (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Guarantees [Abstract]
Standard product warranty, low end of range (in months)	12 months	12 months
Standard product warranty, high end of range (in months)	60 months	60 months
Deferred revenue included in other current and non-current liabilities	$ 5.5	$ 5.7	$ 5.4
Product warranties	$ 31.1	$ 34.3	$ 36

Product Warranties - Schedule o

Product Warranties - Schedule of the changes in warranty liability (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Warranty activity
Balance at beginning of period	$ 40	$ 42	$ 38.3
Accruals for warranties issued during the period	12.3	24.2	27.9
Divestiture		0	(23.7)
Settlements made (in cash or in kind) during the period	(15.5)	(25.2)	(0.5)
Currency translation	(0.2)	(1)	0
Balance at end of period	$ 36.6	$ 40	$ 42

Restructuring - Rollforward of

Restructuring - Rollforward of all restructuring activities (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Rollforward of all restructuring activities
Restructuring Reserve Balance, at the beginning of the period			$ 16.8	$ 15.6	$ 15.6
Restructuring Charges	$ 0.3	$ (0.2)	1.6	$ 0.5	4.6	$ 2.6	$ 2.9
Use of Reserve			(2.2)		(3.4)
Restructuring Reserve Balance, at the end of the period	$ 16.2		$ 16.2		$ 16.8	$ 15.6

Restructuring and Asset Impairm

Restructuring and Asset Impairments - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Asset Impairment expense					$ 9	$ 1.1	$ 0
Restructuring Charges	$ 0.3	$ (0.2)	$ 1.6	$ 0.5	4.6	$ 2.6	$ 2.9
Other income (expense) - net
Restructuring Cost and Reserve [Line Items]
Asset Impairment expense					9
Restructuring Charges					$ 4.6

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Detail) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)plan	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Compensation and Retirement Disclosure [Abstract]
Number of defined contribution retirement plans | plan			3
Costs associated with shared plans	$ 0.1	$ 0.8	$ 1.5	$ 3.7	$ 4
Costs associated with shared plans			$ 1.6	1	$ 0.8
Amortization of gains and losses in excess of specified percentage (as a percent)			10.00%
Multiemployer Plans, Withdrawal Obligation			$ 13.2
Multiemployer plan, number of withdrawal obligation quarterly payments			48
Multiemployer plan, withdrawal obligation quarterly installment payment amount			$ 0.5
Number of defined benefit pension plans | plan			2
Pension obligations assumed	55.6
Plan assets	34.1
Post-retirement medical obligations	6.8
Net transfer	28.3
After-tax deferred gain on pension obligations	$ 6.1
Pension Plans
Compensation and Retirement Disclosure [Abstract]
Amounts in accumulated other comprehensive income that are expected to be recognized as components of net periodic benefit cost during the next fiscal year			$ 1.2
Estimated future employer contributions			3
Expected future company paid claims			10.6
Accumulated benefit obligation			176.3	194.1
Plan assets			$ 0	0
Postretirement Health and Other Plans
Compensation and Retirement Disclosure [Abstract]
Annual rate of increase in the per capita cost of covered health care benefits assumed for measurement purposes (as a percent)			6.70%
Ultimate health care cost trend rate (as a percent)			4.50%
Expected future company paid claims			$ 0.2
Plan assets			$ 0	$ 0

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of components of period benefit costs (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	$ 0.1	$ 0.1	$ 0.1	$ 0.2	$ 0.4	$ 0.5	$ 0.5
Interest cost of projected benefit obligations	2.1	1.6	4.3	3.2	6.5	8.1	6.8
Expected return on plan assets	(1.6)	(1.4)	(3.2)	(2.7)	(5.4)	(7.1)	(5.5)
Amortization of prior service cost					0	0	0
Amortization of actuarial net loss (gain)	0.7	0.3	1.3	0.6	1.2	0.9	1.3
Curtailment gain recognized					0	0	0
Net periodic benefit costs	1.3	0.6	2.5	1.3	$ 2.7	$ 2.4	$ 3.1
Weighted average assumptions:
Discount rate					3.50%	4.40%	4.00%
Expected return on plan assets					3.50%	4.50%	3.90%
Rate of compensation increase					4.00%	4.00%	3.50%
Postretirement Health and Other Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the period	0	0	0	0	$ 0	$ 0	$ 0.1
Interest cost of projected benefit obligations	0.1	0.1	0.2	0.1	0.1	0.2	0.2
Expected return on plan assets	0	0	0	0	0	0	0
Amortization of prior service cost					0	(0.3)	(0.1)
Amortization of actuarial net loss (gain)	0	0	0	0	(0.1)	(0.1)	0
Curtailment gain recognized					0	0	(0.8)
Net periodic benefit costs	$ 0.1	$ 0.1	$ 0.2	$ 0.1	$ 0	$ (0.2)	$ (0.6)
Weighted average assumptions:
Discount rate					3.70%	4.50%	3.60%
Rate of compensation increase					1.50%	1.50%	3.00%

Employee Benefit Plans - Reconc

Employee Benefit Plans - Reconciliation of the changes in benefit obligation, the changes in plan assets, and the funded status (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Change in Plan Assets
Fair value of plan assets, beginning of year			$ 147.9	$ 162.1	$ 162.1
Fair value of plan assets, end of year					147.9	$ 162.1
Amounts recognized in the Combined Balance sheet at December 31
Pension asset	$ 34.1		34.1
Pension Plans
Change in Benefit Obligation
Benefit obligation, beginning of year			177.2	195	195	186
Service cost	0.1	$ 0.1	0.1	0.2	0.4	0.5	$ 0.5
Interest cost	2.1	1.6	4.3	3.2	6.5	8.1	6.8
Participant contributions					0	0.1
Medicare subsidies received					0	0
Plan settlements					0	1.7
Actuarial (gain) loss					(5.5)	19.3
Currency translation adjustment					(8.8)	(10)
Benefits paid					(10.4)	(10.7)
Benefit obligation, end of year					177.2	195	186
Change in Plan Assets
Fair value of plan assets, beginning of year			147.9	162.1	162.1	159.5
Actual return on plan assets					0.6	18.6
Employer contributions					3.1	3.1
Participant contributions					0	0.1
Medicare subsidies received					0	0
Currency translation adjustment					(7.5)	(8.5)
Benefits paid					(10.4)	(10.7)
Fair value of plan assets, end of year					147.9	162.1	$ 159.5
Funded status					(29.3)	(32.9)
Amounts recognized in the Combined Balance sheet at December 31
Pension asset					0	0
Pension obligation					(29.3)	(32.9)
Postretirement health and other benefit obligations					0	0
Net amount recognized					$ (29.3)	$ (32.9)
Weighted-Average Assumptions
Discount rate					3.70%	3.50%
Expected return on plan assets					3.50%	4.50%	3.90%
Rate of compensation increase					4.00%	4.00%
Postretirement Health and Other Plans
Change in Benefit Obligation
Benefit obligation, beginning of year			3.2	2.8	$ 2.8	$ 3.3
Service cost	0	0	0	0	0	0	$ 0.1
Interest cost	$ 0.1	$ 0.1	0.2	0.1	0.1	0.2	0.2
Participant contributions					0.3	0.3
Medicare subsidies received					0	0.1
Plan settlements					0	0
Actuarial (gain) loss					0.7	(0.5)
Currency translation adjustment					(0.2)	(0.1)
Benefits paid					(0.5)	(0.5)
Benefit obligation, end of year					3.2	2.8	3.3
Change in Plan Assets
Fair value of plan assets, beginning of year			$ 0	$ 0	0	0
Actual return on plan assets					0	0
Employer contributions					0.2	0.1
Participant contributions					0.3	0.3
Medicare subsidies received					0	0.1
Currency translation adjustment					0	0
Benefits paid					(0.5)	(0.5)
Fair value of plan assets, end of year					0	0	$ 0
Funded status					(3.2)	(2.8)
Amounts recognized in the Combined Balance sheet at December 31
Pension asset					0	0
Pension obligation					0	0
Postretirement health and other benefit obligations					(3.2)	(2.8)
Net amount recognized					$ (3.2)	$ (2.8)
Weighted-Average Assumptions
Discount rate					3.90%	3.70%
Rate of compensation increase					1.50%	1.50%

Employee Benefit Plans - Amount

Employee Benefit Plans - Amounts recognized in accumulated other comprehensive income (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain (loss)	$ (35.1)	$ (38.7)
Total amount recognized	(35.1)	(38.7)
Postretirement Health and Other Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial gain (loss)	0	0.9
Total amount recognized	$ 0	$ 0.9

Employee Benefit Plans - Summar

Employee Benefit Plans - Summary of the sensitivity of retirement obligations and retirement benefit costs of plans to changes in the key assumptions (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)
Pension Plans
Estimated increase (decrease) in 2016 pension cost
0.5% increase in discount rate	$ (0.3)
0.5% decrease in discount rate	0.2
0.5% increase in long-term return on assets	(0.7)
0.5% decrease in long-term return on assets	0.7
Estimated increase (decrease) in Projected Benefit Obligation for the year ended December 31, 2015
0.5% increase in discount rate	(10.8)
0.5% decrease in discount rate	11.6
Postretirement Health and Other Plans
Estimated increase (decrease) in 2016 pension cost
0.5% increase in discount rate	0
0.5% decrease in discount rate	0
1.0% increase in medical trend rates	0.1
1.0% decrease in medical trend rates	0
Estimated increase (decrease) in Projected Benefit Obligation for the year ended December 31, 2015
0.5% increase in discount rate	(0.1)
0.5% decrease in discount rate	0.2
1.0% increase in medical trend rates	0.2
1.0% decrease in medical trend rates	$ (0.2)

Employee Benefit Plans - Sch109

Employee Benefit Plans - Schedule of the weighted-average asset allocations of the pension plans (Detail) - Pension Plans	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted-average asset allocation (as a percent)	100.00%	100.00%
Equity Securities
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted-average asset allocation (as a percent)	10.20%	15.00%
Debt Securities
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted-average asset allocation (as a percent)	28.90%	23.80%
Other
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted-average asset allocation (as a percent)	60.90%	61.20%

Employee Benefit Plans - Sch110

Employee Benefit Plans - Schedule of the actual allocations for the pension assets and target allocations by asset class (Detail) - Pension Plans	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Weighted-average asset allocation (as a percent)	100.00%	100.00%
Equity Securities
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Target Allocations (as a percent)	9.00%
Weighted-average asset allocation (as a percent)	10.20%	15.00%
Debt Securities
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Target Allocations (as a percent)	29.00%
Weighted-average asset allocation (as a percent)	28.90%	23.80%
Other
Defined Benefit Plan, Assets, Target Allocations [Abstract]
Target Allocations (as a percent)	62.00%
Weighted-average asset allocation (as a percent)	60.90%	61.20%

Employee Benefit Plans - Sch111

Employee Benefit Plans - Schedule of plan assets using the fair value hierarchy (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 147.9	$ 162.1
Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.3	0.3
Insurance group annuity contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	89.9	98.9
Common/collective trust funds - Government, corporate and other non-government debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	36.7	21.1
Common/collective trust funds - Corporate equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15.1	37.5
Common/collective trust funds - Customized strategy
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.9	4.3
Level 1
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.3	0.3
Level 1 | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.3	0.3
Level 1 | Insurance group annuity contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 | Common/collective trust funds - Government, corporate and other non-government debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 | Common/collective trust funds - Corporate equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 | Common/collective trust funds - Customized strategy
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	57.7	62.9
Level 2 | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 | Insurance group annuity contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 | Common/collective trust funds - Government, corporate and other non-government debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	36.7	21.1
Level 2 | Common/collective trust funds - Corporate equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	15.1	37.5
Level 2 | Common/collective trust funds - Customized strategy
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.9	4.3
Level 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	89.9	98.9
Level 3 | Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 | Insurance group annuity contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	89.8	98.9	$ 98.7
Level 3 | Common/collective trust funds - Government, corporate and other non-government debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 | Common/collective trust funds - Corporate equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 | Common/collective trust funds - Customized strategy
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

Employee Benefit Plans - Rec112

Employee Benefit Plans - Reconciliation of the fair values measurements of plan assets using significant unobservable inputs (Level 3) from the beginning of the year to the end of the year (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	$ 162.1
Fair value of plan assets, end of year	147.9	$ 162.1
Level 3
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	98.9
Fair value of plan assets, end of year	89.9	98.9
Insurance group annuity contracts
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	98.9
Fair value of plan assets, end of year	89.9	98.9
Insurance group annuity contracts | Level 3
Reconciliation of fair value measurements of plan assets using significant observable inputs
Fair value of plan assets, beginning of year	98.9	98.7
Actual return on plan assets	0.9	11.2
Benefit payments	(5.4)	(5.8)
Foreign currency impact	(4.6)	(5.2)
Fair value of plan assets, end of year	$ 89.8	$ 98.9

Employee Benefit Plans - Sch113

Employee Benefit Plans - Schedule of projected benefit payments from the plans (Detail) $ in Millions	Dec. 31, 2015USD ($)
Pension Plans
Projected benefit payments from the plans
2,016	$ 10.6
2,017	11
2,018	11.4
2,019	11.9
2,020	12.4
2021-2025	69.6
Postretirement Health and Other Plans
Projected benefit payments from the plans
2,016	0.2
2,017	0.2
2,018	0.2
2,019	0.2
2,020	0.2
2021-2025	$ 1.1

Employee Benefit Plans - Fair v

Employee Benefit Plans - Fair value of plan assets for which the accumulated benefit obligation is in excess of the plan assets (Detail) - Pension Plans - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 177.2	$ 195
Accumulated benefit obligation	176.3	194.1
Fair value of plan assets	$ 147.9	$ 162.1

Employee Benefit Plans - Sch115

Employee Benefit Plans - Schedule of contributions by the company to the multiemployer plan (Detail) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Multiemployer Plans [Line Items]
Employer Identification number (EIN)	526,112,463
Pension Plan Number	1
Contributions under collective bargaining agreement		$ 0	$ 0	$ 0.3
Sheet Metal Workers' National Pension Fund
Multiemployer Plans [Line Items]
Contributions under collective bargaining agreement		$ 0	$ 0	$ 0.3

Leases - Narration (Detail)

Leases - Narration (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Leases [Abstract]
Rental expense attributed to operating leases	$ 11.2	$ 13.8	$ 10.8

Leases - Future Minimum Rental

Leases - Future Minimum Rental Obligations Under Non-cancelable Operating Leases (Detail) $ in Millions	Dec. 31, 2015USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,016	$ 14.2
2,017	10.1
2,018	7.6
2,019	5.6
2,020	3.8
Thereafter	0.9
Total	$ 42.2

Business Segments (Detail)

Business Segments (Detail) - USD ($) $ in Millions	3 Months Ended									6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating earnings (loss) from continuing operations
Net sales	$ 368.4	$ 391.7	$ 425.3	$ 407.7	$ 345.4	$ 374.2	$ 417.1	$ 406.7	$ 383.3	$ 693.9	$ 753.1	$ 1,570.1	$ 1,581.3	$ 1,541.8
Amortization expense	7.9			7.9						15.7	15.7	31.4	31.8	31.4
Net earnings	15.1	65.1	41.1	36.9	14	27.4	62.9	36.9	32.6	33.2	50.9	157.1	159.8	146.1
Long lived assets		1,483				1,585.8						1,483	1,585.8
Asset impairment expense												(9)	(1.1)	0
Income taxes	4.1			17						8.7	23.5	39.3	25.9	55.3
Restructuring expense	(0.3)			0.2						(1.6)	(0.5)	(4.6)	(2.6)	(2.9)
Separation expense	(1.3)			(0.5)						(4.3)	(0.5)	(4.3)	0	0
Other income (expense)												(1)	(0.4)	0.8
Earnings before interest and taxes from continuing operations	49.8			49.5						83.5	65.2	159.9	172.5	187.7
Interest expense	27			0.4						35.5	0.7	1.4	1.3	1
Capital expenditures												13.2	33.6	17.5
Interest (income) expense on notes with MTW - net	0			(4.6)						0.1	(9.3)	(15.8)	(16.6)	(17.2)
Depreciation												19.6	20	22.3
Total assets	1,807	1,754				1,898.3				1,807		1,754	1,898.3	1,918.2
Other (income) expense - net	3.6			(0.2)						6	(0.6)	(22)	0.6	(0.7)
Earnings from continuing operations before income taxes	19.2	62.8	$ 59.1	53.9	$ 20.6	37.7	$ 51	$ 52.4	$ 46.1	41.9	74.4	196.3	187.2	204.6
Earnings before interest, taxes and amortization	57.7			57.4						99.2	80.9
Commercial foodservice whole goods
Operating earnings (loss) from continuing operations
Net sales												1,277.2	1,293.6	1,355.3
Aftermarket parts and support
Operating earnings (loss) from continuing operations
Net sales												292.9	287.7	186.5
Operating Segments
Operating earnings (loss) from continuing operations
Net sales	301.2			346.7						564.8	640.4	1,323.7	1,301.9	1,282.6
Elimination of intersegment sales
Operating earnings (loss) from continuing operations
Net sales	(52.2)			(60.4)						(97.8)	(120.2)	(226.3)	(233.9)	(182.8)
Corporate and unallocated
Operating earnings (loss) from continuing operations
Earnings before interest and taxes from continuing operations												(35.8)	(34.9)	(31.6)
Capital expenditures												1.9	4.5	2.5
Depreciation												0.6	0.6	0.6
Total assets	66.3	13.8				7.1				66.3		13.8	7.1	12.9
Earnings before interest, taxes and amortization	(11.6)			(7.3)						(26.7)	(19.5)
EMEA
Operating earnings (loss) from continuing operations
Net sales	63.6			61.5						120.8	114.8	237.2	280.3	283.2
Long lived assets		78.2				90.2						78.2	90.2
EMEA | Operating Segments
Operating earnings (loss) from continuing operations
Net sales	76.3			75.8						144.9	146	281.6	315.1	312.6
Earnings before interest and taxes from continuing operations												23.5	20.7	22.5
Capital expenditures												1.5	1.6	2.1
Depreciation												2.6	2.4	2.1
Total assets	160.1	148.5				158.3				160.1		148.5	158.3	181.5
Earnings before interest, taxes and amortization	$ 10.1			$ 6.8						$ 16.9	$ 10.5
EMEA | Operating Segments | Geographic Concentration Risk | EBITA
Operating earnings (loss) from continuing operations
Concentration risk percentage	13.20%			9.00%						11.70%	7.20%
APAC
Operating earnings (loss) from continuing operations
Net sales	$ 36.7			$ 38.1						$ 69.9	$ 70.9	159.6	177.2	177
Long lived assets		25.4				28.5						25.4	28.5
APAC | Operating Segments
Operating earnings (loss) from continuing operations
Net sales	43.1			45.6						82	86.9	191.1	198.2	129.4
Earnings before interest and taxes from continuing operations												21.6	20.8	16
Capital expenditures												1.4	3.7	3.8
Depreciation												2.1	3.4	4.5
Total assets	138.7	96.5				96.7				138.7		96.5	96.7	81.5
Earnings before interest, taxes and amortization	$ 4.2			$ 6.2						$ 7.3	$ 10.2
APAC | Operating Segments | Geographic Concentration Risk | EBITA
Operating earnings (loss) from continuing operations
Concentration risk percentage	9.70%			13.60%						8.90%	11.70%
Americas
Operating earnings (loss) from continuing operations
Net sales												1,173.3	1,123.8	1,081.6
Long lived assets		1,379.4				1,467.1						1,379.4	1,467.1
Americas | Operating Segments
Operating earnings (loss) from continuing operations
Earnings before interest and taxes from continuing operations												200.9	201.8	214.3
Capital expenditures												8.4	23.8	9.1
Depreciation												14.3	13.6	15.1
Total assets	$ 1,441.9	1,495.2				1,636.2				$ 1,441.9		1,495.2	1,636.2	1,642.3
Earnings before interest, taxes and amortization	$ 55			$ 51.7						$ 101.7	$ 79.7
Americas | Operating Segments | Geographic Concentration Risk | EBITA
Operating earnings (loss) from continuing operations
Concentration risk percentage	18.30%			14.90%						18.00%	12.40%
United States
Operating earnings (loss) from continuing operations
Net sales	$ 244.1			$ 281.2						$ 456.2	$ 516.4	1,066.7	996.4	949.2
Long lived assets		1,363.4				1,454.7						1,363.4	1,454.7
Other Americas
Operating earnings (loss) from continuing operations
Net sales	$ 24			$ 26.9						$ 47	$ 51	106.6	127.4	$ 132.4
Long lived assets		$ 16				$ 12.4						$ 16	$ 12.4

Business Segments - Narrative (

Business Segments - Narrative (Detail) - Sales Revenue, Net - Customer Concentration Risk - Customer	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Direct Customers
Concentration Risk [Line Items]
Number of customers representing 10% or more of net sales	0	0	0
McDonalds
Concentration Risk [Line Items]
Number of customers representing 10% or more of net sales		1	1

Schedule of Quarterly Financial

Schedule of Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended																	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014		Mar. 31, 2014		Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Net sales	$ 368.4	$ 391.7		$ 425.3		$ 407.7		$ 345.4		$ 374.2		$ 417.1		$ 406.7		$ 383.3		$ 693.9	$ 753.1	$ 1,570.1		$ 1,581.3		$ 1,541.8
Gross profit	134.7	132.9		135.3		126.9		106.6		112.6		131.8		133.5		130.1		252.3	233.5	501.7		508		510.9
Earnings from continuing operations before income taxes	19.2	62.8		59.1		53.9		20.6		37.7		51		52.4		46.1		41.9	74.4	196.3		187.2		204.6
Discontinued operations:
(Loss) earnings from discontinued operations, net of income taxes		(0.2)		0.3		0.1		(0.1)		0		0		(0.3)		(0.1)				0.1		(0.4)		(0.5)
Loss on sale of discontinued operations, net of income taxes		0		0		0		0		0		(1.1)		0		0				0		(1.1)		(2.7)
Net earnings	$ 15.1	$ 65.1		$ 41.1		$ 36.9		$ 14		$ 27.4		$ 62.9		$ 36.9		$ 32.6		$ 33.2	$ 50.9	$ 157.1		$ 159.8		$ 146.1
Basic and diluted earnings per share:
Earnings from continuing operations		$ 0.48		$ 0.30		$ 0.27		$ 0.10		$ 0.20		$ 0.47		$ 0.27		$ 0.24				$ 1.15	[1]	$ 1.18	[1]	$ 1.09	[1]
Discontinued operations:
Loss from discontinued operations		0		0		0		0		0		0		0		0				0	[1]	0	[1]	0	[1]
Loss on sale of discontinued operations, net of income taxes		0		0		0		0		0		(0.01)		0		0				0	[1]	(0.01)	[1]	(0.02)	[1]
Basic and diluted net earnings per share		$ 0.48	[2]	$ 0.30	[2]	$ 0.27	[2]	$ 0.10	[2]	$ 0.20	[2]	$ 0.46	[2]	$ 0.27	[2]	$ 0.24	[2]			$ 1.15	[1]	$ 1.17	[1]	$ 1.07	[1]
Scenario, Previously Reported [Member]
Earnings from continuing operations before income taxes						$ 53.8
[1]	On March 4, 2016, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction. As described in Note 1 "Description of the Business and Basis of Presentation," our audited combined financial statements may not be indicative of MFS' future performance and do not necessarily include all the of the actual expenses that would have been incurred by MFS (including, but not limited to, interest expense related to the debt financing described in Note 25 "Subsequent Events") and may not reflect the results of operations had MFS been a standalone company during the periods presented. See Note 24, "Earnings Per Share" in the audited combined financial statements for more information.
[2]	On March 4, 2015, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. See Note 24, "Earnings Per Share," in the Audited Combined Financial Statements for more information. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction.

Schedule of Quarterly Financ121

Schedule of Quarterly Financial Data (Parenthetical) (Detail) - shares shares in Millions	Mar. 04, 2016	Mar. 04, 2015
Common Stock
Shares of common stock issued (in shares)	137	137

Net Parent Company Investmen122

Net Parent Company Investment and Related Party Transactions - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Interest income on notes with MTW					$ 15.8	$ 16.6	$ 17.2
Notes receivable, related parties	$ 0		$ 0		0	0
Dividend paid to MTW			1,362	$ 0
Pension obligations assumed	55.6		55.6
Post-retirement medical obligations	6.8		6.8
Net Parent Company Investment
Related Party Transaction [Line Items]
General corporate expense	0	$ 5.2	1.6	13.1	24.6	22.1	26.3
Interest income on notes with MTW	0	$ 4.6	0	9.3	0.6	1.3	0.6
Notes receivable, related parties					70.8	273.9	248.3
Notes payable, related parties					$ 9.9	$ 6.2	$ 12.4
Interest expense on notes with MTW			0.1	$ 0
Pension obligations assumed	21.5		21.5
Post-retirement medical obligations	6.8		6.8
Taxes payable	$ 0.6		0.6
Other comprehensive income related to pension and currency translation			$ 47.4

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Detail) - USD ($) shares in Millions, $ in Millions	Mar. 04, 2016	Mar. 03, 2016	Mar. 04, 2015	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividend paid				$ 0		$ 0	$ 0	$ 0
Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares of common stock issued (in shares)	137		137
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of anti-dilutive shares excluded from the calculation of diluted earnings per share (in shares)				3.5			3.5
Net Parent Company Investment | Common Stock | One-Time Cash Dividend
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividend paid		$ 1,362			$ 1,362

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of the average shares outstanding used to compute basic and diluted earnings per share (Detail) - USD ($) $ / shares in Units, $ in Millions	Mar. 04, 2016	Jun. 30, 2016	Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014		Mar. 31, 2014		Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015		Dec. 31, 2014		Dec. 31, 2013
Earnings Per Share [Abstract]
Net earnings		$ 15.1	$ 65.1		$ 41.1		$ 36.9		$ 14		$ 27.4		$ 62.9		$ 36.9		$ 32.6		$ 33.2	$ 50.9	$ 157.1		$ 159.8		$ 146.1
Basic and diluted average shares outstanding	137,016,712																				137,016,712		137,016,712		137,016,712
Basic and diluted (loss)/earnings per common share			$ 0.48	[1]	$ 0.30	[1]	$ 0.27	[1]	$ 0.10	[1]	$ 0.20	[1]	$ 0.46	[1]	$ 0.27	[1]	$ 0.24	[1]			$ 1.15	[2]	$ 1.17	[2]	$ 1.07	[2]
Basic weighted average common shares outstanding		137,131,572					137,016,712												137,105,290	137,016,712
Effect of dilutive securities		1,242,807					0												1,250,923	0
Diluted weighted average common shares outstanding		138,374,379					137,016,712												138,356,213	137,016,712
[1]	On March 4, 2015, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. See Note 24, "Earnings Per Share," in the Audited Combined Financial Statements for more information. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction.
[2]	On March 4, 2016, MTW distributed 137.0 million shares of MFS common stock to MTW shareholders in connection with its spin-off of MFS. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of MFS shares outstanding immediately following this transaction. As described in Note 1 "Description of the Business and Basis of Presentation," our audited combined financial statements may not be indicative of MFS' future performance and do not necessarily include all the of the actual expenses that would have been incurred by MFS (including, but not limited to, interest expense related to the debt financing described in Note 25 "Subsequent Events") and may not reflect the results of operations had MFS been a standalone company during the periods presented. See Note 24, "Earnings Per Share" in the audited combined financial statements for more information.

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events - Narrative (Detail) - USD ($)	Mar. 04, 2016	Feb. 18, 2016	Jun. 30, 2016	Mar. 04, 2016	Mar. 03, 2016
Subsequent Event [Line Items]
Shares Distributed				137,016,712
Price percentage on notes that are required to be offered for repurchase		101.00%	101.00%
Senior notes default redemption minimum principal as percentage of principal outstanding (at least)		25.00%	25.00%
Capacity of securitization program					$ 110,000,000
2016 Credit Agreement | LIBOR
Subsequent Event [Line Items]
Spreads for LIBOR and prime borrowings	4.75%		4.75%
Debt instrument basis spread on variable rate, floor	1.00%		1.00%
2016 Credit Agreement | LIBOR | Interest Rate Below Market Reduction [Member]
Subsequent Event [Line Items]
Spreads for LIBOR and prime borrowings	1.00%
2016 Credit Agreement | LIBOR | Minimum
Subsequent Event [Line Items]
Spreads for LIBOR and prime borrowings	1.50%		1.50%
2016 Credit Agreement | LIBOR | Maximum
Subsequent Event [Line Items]
Spreads for LIBOR and prime borrowings	2.75%		2.75%
2016 Credit Agreement | Revolving credit facility
Subsequent Event [Line Items]
Line of credit facility	$ 225,000,000			$ 225,000,000
2016 Credit Agreement | Letter of Credit
Subsequent Event [Line Items]
Line of credit facility	20,000,000			20,000,000
2016 Credit Agreement | Swingline Loan
Subsequent Event [Line Items]
Line of credit facility	40,000,000			40,000,000
Senior Notes and 2016 Credit Agreement
Subsequent Event [Line Items]
Face amount of debt	$ 975,000,000			$ 975,000,000	$ 975,000,000
Quarterly principal payments, percentage of original principal balance	0.25%			0.25%
Mandatory payment required following receipt of net cash proceeds from issuance or incurrence of additional debt	50.00%			50.00%
Senior Notes and 2016 Credit Agreement | Less than or equal to 4.50 to 1 but greater than 4.00 to 1
Subsequent Event [Line Items]
Mandatory payment required following receipt of net cash proceeds from issuance or incurrence of additional debt	25.00%			25.00%
Senior Notes and 2016 Credit Agreement | less than or equal to 4.00 to 1
Subsequent Event [Line Items]
Mandatory payment required following receipt of net cash proceeds from issuance or incurrence of additional debt	0.00%			0.00%
Senior Notes due 2024
Subsequent Event [Line Items]
Face amount of debt		$ 425,000,000
Interest rate, stated percentage (as a percent)		9.50%

Condensed Consolidating Stateme

Condensed Consolidating Statement of Operations (Detail) - USD ($) $ in Millions	3 Months Ended									6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Net sales	$ 368.4	$ 391.7	$ 425.3	$ 407.7	$ 345.4	$ 374.2	$ 417.1	$ 406.7	$ 383.3	$ 693.9	$ 753.1	$ 1,570.1	$ 1,581.3	$ 1,541.8
Cost of sales	233.7			280.8						441.6	519.6	1,068.4	1,073.3	1,030.9
Gross profit	134.7	132.9	135.3	126.9	106.6	112.6	131.8	133.5	130.1	252.3	233.5	501.7	508	510.9
Selling, general and administrative expenses	75.4			69.2						147.2	151.6	291.6	299.6	289.7
Other operating expenses												50.2	35.9	33.5
Amortization expense	7.9			7.9						15.7	15.7	31.4	31.8	31.4
Separation expense	1.3			0.5						4.3	0.5	4.3	0	0
Restructuring expense	0.3			(0.2)						1.6	0.5	4.6	2.6	2.9
Earnings (loss) from operations	49.8			49.5						83.5	65.2	159.9	172.5	187.7
Interest expense	27			0.4						35.5	0.7	1.4	1.3	1
Interest (income) expense on notes with MTW - net	0			(4.6)						0.1	(9.3)	(15.8)	(16.6)	(17.2)
Other (income) expense - net	3.6			(0.2)						6	(0.6)	(22)	0.6	(0.7)
Equity in earnings (loss) of subsidiaries	0			0						0	0	0	0	0
Earnings (loss) before income taxes	19.2	62.8	59.1	53.9	20.6	37.7	51	52.4	46.1	41.9	74.4	196.3	187.2	204.6
Income taxes	4.1			17						8.7	23.5	39.3	25.9	55.3
Net earnings (loss) from continuing operations												157	161.3	149.3
Earnings (loss) from discontinued operations, net of income taxes												0.1	(0.4)	(0.5)
Net earnings	15.1	65.1	41.1	36.9	14	27.4	62.9	36.9	32.6	33.2	50.9	157.1	159.8	146.1
Other comprehensive income (loss), net of tax	(4.3)			0.8						4.9	(10.3)	(23.8)	(21.9)	8
Comprehensive income (loss)	10.8			37.7						38.1	40.6	133.3	137.9	154.1
Loss on sale of discontinued operations, net of income taxes		$ 0	$ 0	0	$ 0	$ 0	$ (1.1)	$ 0	$ 0			0	(1.1)	(2.7)
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales	(97.8)			(89.8)						(179.5)	(179.5)	(349.6)	(306.9)	(243.7)
Cost of sales	(97.8)			(89.8)						(179.5)	(179.5)	(349.6)	(306.9)	(243.7)
Gross profit	0			0						0	0	0	0	0
Selling, general and administrative expenses	0			0						0	0	0	0	0
Other operating expenses												0	0	0
Amortization expense	0			0						0	0
Separation expense	0			0						0	0
Restructuring expense	0			0						0	0
Earnings (loss) from operations	0			0						0	0	0	0	0
Interest expense	0			0						0	0	0	0	0
Interest (income) expense on notes with MTW - net				0						0	0	0	0	0
Other (income) expense - net	0			0						0	0	0	0	0
Equity in earnings (loss) of subsidiaries	(54.9)			(57.8)						(138.1)	(86.5)	(201.1)	(257.7)	(211.9)
Earnings (loss) before income taxes	(54.9)			(57.8)						(138.1)	(86.5)	(201.1)	(257.7)	(211.9)
Income taxes	0			0						0	0	0	0	0
Net earnings (loss) from continuing operations												(201.1)	(257.7)	(211.9)
Earnings (loss) from discontinued operations, net of income taxes												0	0	0
Net earnings	(54.9)			(57.8)						(138.1)	(86.5)	(201.1)	(257.7)	(211.9)
Other comprehensive income (loss), net of tax	9.1			(3)						(36.5)	22	54.6	35.8	(5.4)
Comprehensive income (loss)	(45.8)			(60.8)						(174.6)	(64.5)	(146.5)	(221.9)	(217.3)
Loss on sale of discontinued operations, net of income taxes													0	0
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales	0			0						0	0	0	0	0
Cost of sales	0.9			0						1.2	0	0.1	0	0
Gross profit	(0.9)			0						(1.2)	0	(0.1)	0	0
Selling, general and administrative expenses	8.3			6.7						18.3	16.6	32.2	29.3	26.3
Other operating expenses												4.4	0	0
Amortization expense	0			0						0	0
Separation expense	1.3			0.1						4.3	0.1
Restructuring expense	0			0						0	0
Earnings (loss) from operations	(10.5)			(6.8)						(23.8)	(16.7)	(36.7)	(29.3)	(26.3)
Interest expense	26.2			0						34	0	0	0	0
Interest (income) expense on notes with MTW - net				0						0	0	0	0	0
Other (income) expense - net	1.1			0						11	0	(78.6)	7.8	0
Equity in earnings (loss) of subsidiaries	37.4			41.3						73.9	61.7	123.2	192	165.2
Earnings (loss) before income taxes	(0.4)			34.5						5.1	45	165.1	154.9	138.9
Income taxes	(15.5)			(2.4)						(28.1)	(5.9)	8	(4.9)	(7.2)
Net earnings (loss) from continuing operations												157.1	159.8	146.1
Earnings (loss) from discontinued operations, net of income taxes												0	0	0
Net earnings	15.1			36.9						33.2	50.9	157.1	159.8	146.1
Other comprehensive income (loss), net of tax	(4.3)			0.8						4.9	(10.3)	(23.8)	(21.9)	8
Comprehensive income (loss)	10.8			37.7						38.1	40.6	133.3	137.9	154.1
Loss on sale of discontinued operations, net of income taxes													0	0
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales	275.9			286.8						519	534.6	1,109.8	1,051.7	1,031.1
Cost of sales	192.5			210.7						362.3	395.5	803.6	750.3	712.1
Gross profit	83.4			76.1						156.7	139.1	306.2	301.4	319
Selling, general and administrative expenses	40.1			33.2						74.8	73.4	144.6	142	138.6
Other operating expenses												38.9	32.4	28.5
Amortization expense	7.2			7.2						14.3	14.3
Separation expense	(0.1)			0.4						(0.1)	0.4
Restructuring expense	(0.3)			0.1						0.8	0.8
Earnings (loss) from operations	36.5			35.2						66.9	50.2	122.7	127	151.9
Interest expense	0.1			0.3						0.8	0.6	1.2	1.2	0.7
Interest (income) expense on notes with MTW - net				(4.3)						0	(8.5)	(14.9)	(17.3)	(17.3)
Other (income) expense - net	0.5			(0.4)						45.5	(1.8)	77.9	(4.6)	(0.1)
Equity in earnings (loss) of subsidiaries	17.5			16.5						64.2	24.8	77.9	65.7	46.7
Earnings (loss) before income taxes	53.4			56.1						84.8	84.7	136.4	213.4	215.3
Income taxes	16			14.8						10.9	23	13.3	21	49.1
Net earnings (loss) from continuing operations												123.1	192.4	166.2
Earnings (loss) from discontinued operations, net of income taxes												0.1	(0.4)	(1)
Net earnings	37.4			41.3						73.9	61.7	123.2	192	165.2
Other comprehensive income (loss), net of tax	(4.2)			1.4						15.6	(11.4)	(27.7)	(17.7)	2.3
Comprehensive income (loss)	33.2			42.7						89.5	50.3	95.5	174.3	167.5
Loss on sale of discontinued operations, net of income taxes													0	0
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net sales	190.3			210.7						354.4	398	809.9	836.5	754.4
Cost of sales	138.1			159.9						257.6	303.6	614.3	629.9	562.5
Gross profit	52.2			50.8						96.8	94.4	195.6	206.6	191.9
Selling, general and administrative expenses	27			29.3						54.1	61.6	114.8	128.3	124.8
Other operating expenses												6.9	3.5	5
Amortization expense	0.7			0.7						1.4	1.4
Separation expense	0.1			0						0.1	0
Restructuring expense	0.6			(0.3)						0.8	(0.3)
Earnings (loss) from operations	23.8			21.1						40.4	31.7	73.9	74.8	62.1
Interest expense	0.7			0.1						0.7	0.1	0.2	0.1	0.3
Interest (income) expense on notes with MTW - net				(0.3)						0.1	(0.8)	(0.9)	0.7	0.1
Other (income) expense - net	2			0.2						(50.5)	1.2	(21.3)	(2.6)	(0.6)
Equity in earnings (loss) of subsidiaries	0			0						0	0	0	0	0
Earnings (loss) before income taxes	21.1			21.1						90.1	31.2	95.9	76.6	62.3
Income taxes	3.6			4.6						25.9	6.4	18	9.8	13.4
Net earnings (loss) from continuing operations												77.9	66.8	48.9
Earnings (loss) from discontinued operations, net of income taxes												0	0	0.5
Net earnings	17.5			16.5						64.2	24.8	77.9	65.7	46.7
Other comprehensive income (loss), net of tax	(4.9)			1.6						20.9	(10.6)	(26.9)	(18.1)	3.1
Comprehensive income (loss)	$ 12.6			$ 18.1						$ 85.1	$ 14.2	$ 51	47.6	49.8
Loss on sale of discontinued operations, net of income taxes													$ (1.1)	$ (2.7)

Condensed Consolidating Balance

Condensed Consolidating Balance Sheet (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current Assets:
Cash and cash equivalents	$ 40.7	$ 32	$ 14.8	$ 16.5	$ 9.6	$ 22.2
Restricted cash	0.4	0.6		0
Accounts receivable - net	100.7	63.8		71
Intercompany interest receivable		0		0
Intercompany short-term note receivable		0		0
Inventories - net	163.6	145.9		163.2
Prepaids and other current assets	10.7	10.3		15.1
Total current assets	322.3	252.6		289.5
Deferred income taxes		0		23.7
Current assets held for sale	6.2	0
Property, plant and equipment - net	111.4	116.4		134.3
Goodwill	845.9	845.8		872.8	873.4
Other intangible assets - net	503.3	519.6		584.5
Intercompany long-term note receivable	0	0		0
Due from affiliates	0	0		0
Investment in subsidiaries	0	0		0
Other non-current assets	24.1	15.9		17.2
Long-term assets held for sale	0	3.7		0
Total assets	1,807	1,754		1,898.3	1,918.2
Current Liabilities:
Accounts payable	124.4	129		166.7
Accrued expenses and other liabilities	146.3	157.6		165.4
Current portion of capital leases		0.4		0.5
Intercompany interest payable		0
Intercompany short-term note payable		0		0
Product warranties	31.1	34.3		36
Total current liabilities	303.2	321.3		368.6
Short-term borrowings	0.1	0
Current portion of long-term debt and capital leases	1.3	0.4		0.5
Long-term capital leases	1,369.9	2.3		3.6
Deferred income taxes	152.8	167.9		218
Pension and postretirement health obligations	58.8	33.3		36.4
Intercompany long-term note payable	0	0
Due to affiliates	0	0		0
Investment in subsidiaries	0	0		0
Other long-term liabilities	33.4	20.5		20.3
Total non-current liabilities	1,614.9	224		278.3
Total Equity:
Total equity	(111.1)	1,208.7	1,322.3	1,251.4	1,268.4
Total liabilities and equity	1,807	1,754		1,898.3
Intercompany long-term note payable				0
Consolidation, Eliminations [Member]
Current Assets:
Cash and cash equivalents	0	0	0	0	0	0
Restricted cash	0	0
Accounts receivable - net	(2.4)	(9.6)		(2.8)
Intercompany interest receivable		(4.2)		(3.2)
Intercompany short-term note receivable		(31)		(15.8)
Inventories - net		0		0
Prepaids and other current assets	(2.8)	(2.2)		(1.2)
Total current assets	(5.2)	(47)		(23.8)
Deferred income taxes				(0.8)
Property, plant and equipment - net	0	0		0
Goodwill	0	0		0
Other intangible assets - net		0		0
Intercompany long-term note receivable	(20)	(42.4)		(193.2)
Due from affiliates	(2,851.5)	(3,074.9)		(3,662.5)
Investment in subsidiaries	(3,734.8)	(3,579.8)		(4,805.1)
Other non-current assets	(51.1)	(59)		0.9
Long-term assets held for sale		0
Total assets	(6,662.6)	(6,803.1)		(8,683.7)
Current Liabilities:
Accounts payable	(2.4)	(9.6)		(2.8)
Accrued expenses and other liabilities	(2.8)	(2.2)		(2)
Current portion of capital leases		0		0
Intercompany interest payable		(4.2)		(3.2)
Intercompany short-term note payable		(31)		(15.8)
Product warranties	0	0		0
Total current liabilities	(5.2)	(47)		(23.8)
Short-term borrowings	0
Current portion of long-term debt and capital leases	0
Long-term capital leases	0	0		0
Deferred income taxes	(44.8)	(51)		9.2
Pension and postretirement health obligations	(6.3)	(8)		(8.3)
Intercompany long-term note payable	(20)	(42.4)
Due to affiliates	(2,851.5)	(3,074.9)		(3,662.5)
Investment in subsidiaries	(361.4)	(638.6)		(185.4)
Other long-term liabilities	0	0		0
Total non-current liabilities	(3,284)	(3,814.9)		(4,040.2)
Total Equity:
Total equity	(3,373.4)	(2,941.2)		(4,619.7)
Total liabilities and equity	(6,662.6)	(6,803.1)		(8,683.7)
Intercompany long-term note payable				(193.2)
Parent Company [Member]
Current Assets:
Cash and cash equivalents	10.4	0	0	0	0	0
Restricted cash	0	0
Accounts receivable - net	0.1	0		2.8
Intercompany interest receivable		0		0
Intercompany short-term note receivable		0		0
Inventories - net	0	0		0
Prepaids and other current assets	0	1.2		0
Total current assets	10.5	1.2		19.4
Deferred income taxes				16.6
Current assets held for sale	0
Property, plant and equipment - net	1.3	0.9		0
Goodwill	0	0		0
Other intangible assets - net	0	0		0
Intercompany long-term note receivable	0	0		0
Due from affiliates	0	0		0
Investment in subsidiaries	3,734.8	3,579.8		4,805.1
Other non-current assets	5.6	0		0
Long-term assets held for sale		0
Total assets	3,752.2	3,581.9		4,824.5
Current Liabilities:
Accounts payable	6.9	0.1		0
Accrued expenses and other liabilities	8.7	0		1.6
Current portion of capital leases		0		0
Intercompany interest payable		0		3.2
Intercompany short-term note payable		0		0
Product warranties	0	0		0
Total current liabilities	15.6	0.1		4.8
Short-term borrowings	0
Current portion of long-term debt and capital leases	0
Long-term capital leases	1,367.9	0		0
Deferred income taxes	135.6	155.4		201.9
Pension and postretirement health obligations	60.1	35		37.2
Intercompany long-term note payable	15.7	0
Due to affiliates	2,259.9	2,176.9		3,130.4
Investment in subsidiaries	0	0		0
Other long-term liabilities	8.5	5.8		5.6
Total non-current liabilities	3,847.7	2,373.1		3,568.3
Total Equity:
Total equity	(111.1)	1,208.7		1,251.4
Total liabilities and equity	3,752.2	3,581.9		4,824.5
Intercompany long-term note payable				193.2
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	0.8	3.5	1.7	2.7	0.2	(0.8)
Restricted cash	0	0
Accounts receivable - net	0	0		13.1
Intercompany interest receivable		0		0.9
Intercompany short-term note receivable		0		0
Inventories - net	79.5	80.2		83.9
Prepaids and other current assets	1.7	2.3		7
Total current assets	85.6	86		107.6
Deferred income taxes				0
Current assets held for sale	3.6
Property, plant and equipment - net	69.1	71.2		86.1
Goodwill	832.4	832.4		860.4
Other intangible assets - net	437.7	452.1		512.4
Intercompany long-term note receivable	20	0		9.3
Due from affiliates	2,851.5	3,074.9		3,662.5
Investment in subsidiaries	0	0		0
Other non-current assets	3.8	3.1		2.8
Long-term assets held for sale		3.7
Total assets	4,300.1	4,523.4		5,241.1
Current Liabilities:
Accounts payable	69	81.8		92.1
Accrued expenses and other liabilities	82.9	100.1		98
Current portion of capital leases		0.4		0.5
Intercompany interest payable		4.2
Intercompany short-term note payable		31		15.8
Product warranties	21.3	23.8		23.6
Total current liabilities	173.7	241.3		230
Short-term borrowings	0
Current portion of long-term debt and capital leases	0.5
Long-term capital leases	2	2.3		2.3
Deferred income taxes	0	0		0
Pension and postretirement health obligations	5	6.3		7.5
Intercompany long-term note payable	0	42.4
Due to affiliates	0	0		0
Investment in subsidiaries	361.4	638.6		185.4
Other long-term liabilities	23.2	12.7		10.8
Total non-current liabilities	391.6	702.3		206
Total Equity:
Total equity	3,734.8	3,579.8		4,805.1
Total liabilities and equity	4,300.1	4,523.4		5,241.1
Intercompany long-term note payable				0
Non-Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	29.5	28.5	$ 13.1	13.8	$ 9.4	$ 23
Restricted cash	0.4	0.6
Accounts receivable - net	103	73.4		57.9
Intercompany interest receivable		4.2		2.3
Intercompany short-term note receivable		31		15.8
Inventories - net	84.1	65.7		79.3
Prepaids and other current assets	11.8	9		9.3
Total current assets	231.4	212.4		186.3
Deferred income taxes				7.9
Current assets held for sale	2.6
Property, plant and equipment - net	41	44.3		48.2
Goodwill	13.5	13.4		12.4
Other intangible assets - net	65.6	67.5		72.1
Intercompany long-term note receivable	0	42.4		183.9
Due from affiliates	0	0		0
Investment in subsidiaries	0	0		0
Other non-current assets	65.8	71.8		13.5
Long-term assets held for sale		0
Total assets	417.3	451.8		516.4
Current Liabilities:
Accounts payable	50.9	56.7		77.4
Accrued expenses and other liabilities	57.5	59.7		67.8
Current portion of capital leases		0		0
Intercompany interest payable		0
Intercompany short-term note payable		0		0
Product warranties	9.8	10.5		12.4
Total current liabilities	119.1	126.9		157.6
Short-term borrowings	0.1
Current portion of long-term debt and capital leases	0.8
Long-term capital leases	0	0		1.3
Deferred income taxes	62	63.5		6.9
Pension and postretirement health obligations	0	0		0
Intercompany long-term note payable	4.3	0
Due to affiliates	591.6	898		532.1
Investment in subsidiaries	0	0		0
Other long-term liabilities	1.7	2		3.9
Total non-current liabilities	659.6	963.5		544.2
Total Equity:
Total equity	(361.4)	(638.6)		(185.4)
Total liabilities and equity	$ 417.3	$ 451.8		516.4
Intercompany long-term note payable				$ 0

Condensed Consolidating Stat128

Condensed Consolidating Statement of Cash Flows (Detail) - USD ($) $ in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash Flows From Operating activities
Net cash provided by (used for) operating activities	$ 2.2	$ (10.3)	$ 142.9	$ 200.6	$ 204.3
Net cash provided by operating activities of discontinued operations			0.1	(0.4)	(2.4)
Net cash provided by (used for) operating activities			143	200.2	201.9
Cash Flows From Investing
Capital expenditures	(6.2)	(6.7)	(13.2)	(25.3)	(33.6)
Changes in restricted cash	0.2	(0.3)	(0.6)	0	0
Business acquisitions, net of cash acquired			(5.3)	0	(12.2)
Proceeds from sale of business			78.2	0	0.7
Intercompany investment	0	0	0	0	0
Net cash provided by (used for) investing activities	(6)	(7)	59.1	(25.3)	(43.5)
Proceeds from sale of property, plant and equipment			0	0	1.6
Net cash used for investing activities of discontinued operations			0	0	0.6
Net cash provided by investing activities			59.1	(25.3)	(42.9)
Proceeds from intercompany note	0
Cash Flows From Financing
Payments on capital leases			(0.7)	(3.4)	(2.9)
Proceeds from capital leases			0.5	3.1	3.4
Net transactions with MTW	7.6	16.3	(182.9)	(166.7)	(171.5)
Proceeds from long-term debt and capital leases	1,457	0.4
Repayments on long-term debt and capital leases	(49.6)	(0.2)
Debit issuance costs	(40.9)	0
Changes in short-term borrowings	0.1	0
Dividend paid to MTW	(1,362)	0
Exercises of stock options	0.4	0
Intercompany financing	0	0	0	0	0
Repayments on intercompany note	0
Net cash provided by (used for) financing activities	12.6	16.5	(183.1)	(167)	(171)
Effect of exchange rate changes on cash	(0.1)	(0.9)	(3.5)	(1)	(0.6)
Net decrease in cash and cash equivalents	8.7	(1.7)	15.5	6.9	(12.6)
Balance at beginning of period	32	16.5	16.5	9.6	22.2
Balance at end of period	40.7	14.8	32	16.5	9.6
Consolidation, Eliminations [Member]
Cash Flows From Operating activities
Net cash provided by (used for) operating activities	0	0	0	0	0
Net cash provided by operating activities of discontinued operations			0	0	0
Net cash provided by (used for) operating activities			0	0	0
Cash Flows From Investing
Capital expenditures	0	0	0	0	0
Changes in restricted cash	0	0	0
Business acquisitions, net of cash acquired			0		0
Proceeds from sale of business			0		0
Intercompany investment	(51)	5.9	193.2	82.7	2.9
Net cash provided by (used for) investing activities	8.6	5.9	193.2	82.7	2.9
Proceeds from sale of property, plant and equipment					0
Net cash used for investing activities of discontinued operations					0
Net cash provided by investing activities					2.9
Proceeds from intercompany note	(42.4)
Cash Flows From Financing
Payments on capital leases			0	0	0
Proceeds from capital leases			0	0	0
Net transactions with MTW	0	0	0	0	0
Proceeds from long-term debt and capital leases	0	0
Repayments on long-term debt and capital leases	0	0
Debit issuance costs	0
Changes in short-term borrowings	0
Dividend paid to MTW	0
Exercises of stock options	0
Intercompany financing	(51)	(5.9)	(193.2)	(82.7)	(2.9)
Repayments on intercompany note	(42.4)
Net cash provided by (used for) financing activities	(8.6)	(5.9)	(193.2)	(82.7)	(2.9)
Effect of exchange rate changes on cash	0	0	0	0	0
Net decrease in cash and cash equivalents	0	0	0	0	0
Balance at beginning of period	0	0	0	0	0
Balance at end of period	0	0	0	0	0
Parent Company [Member]
Cash Flows From Operating activities
Net cash provided by (used for) operating activities	(16.4)	(14.1)	376.9	159.1	169.7
Net cash provided by operating activities of discontinued operations			0	0	0
Net cash provided by (used for) operating activities			376.9	159.1	169.7
Cash Flows From Investing
Capital expenditures	(0.6)	0	(0.8)	0	0
Changes in restricted cash	0	0	0
Business acquisitions, net of cash acquired			0		0
Proceeds from sale of business			0		0
Intercompany investment	0	(2.2)	(193.2)	0	0
Net cash provided by (used for) investing activities	(0.6)	(2.2)	(194)	0	0
Proceeds from sale of property, plant and equipment					0
Net cash used for investing activities of discontinued operations					0
Net cash provided by investing activities					0
Proceeds from intercompany note	0
Cash Flows From Financing
Payments on capital leases			0	0	0
Proceeds from capital leases			0	0	0
Net transactions with MTW	7.6	16.3	(182.9)	(166.7)	(171.5)
Proceeds from long-term debt and capital leases	1,448.9	0
Repayments on long-term debt and capital leases	(42.3)	0
Debit issuance costs	(40.9)
Changes in short-term borrowings	0
Dividend paid to MTW	(1,362)
Exercises of stock options	0.4
Intercompany financing	15.7	0	0	7.6	1.8
Repayments on intercompany note	0
Net cash provided by (used for) financing activities	27.4	16.3	(182.9)	(159.1)	(169.7)
Effect of exchange rate changes on cash	0	0	0	0	0
Net decrease in cash and cash equivalents	10.4	0	0	0	0
Balance at beginning of period	0	0	0	0	0
Balance at end of period	10.4	0	0	0	0
Guarantor Subsidiaries [Member]
Cash Flows From Operating activities
Net cash provided by (used for) operating activities	93	4.9	(137.7)	(53.6)	26.4
Net cash provided by operating activities of discontinued operations			0.1	(0.4)	(2.4)
Net cash provided by (used for) operating activities			(137.6)	(54)	24
Cash Flows From Investing
Capital expenditures	(2.3)	(3.6)	(6.5)	(18.3)	(23.5)
Changes in restricted cash	0	0	0
Business acquisitions, net of cash acquired			0		0
Proceeds from sale of business			78.2		0.7
Intercompany investment	51	(3.7)	0	0	(2.9)
Net cash provided by (used for) investing activities	(53.3)	(7.3)	71.7	(18.3)	(24.1)
Proceeds from sale of property, plant and equipment					1.6
Net cash used for investing activities of discontinued operations					0.6
Net cash provided by investing activities					(23.5)
Proceeds from intercompany note	0
Cash Flows From Financing
Payments on capital leases			(0.7)	(3.4)	(2.9)
Proceeds from capital leases			0.5	3.1	3.4
Net transactions with MTW	0	0	0	0	0
Proceeds from long-term debt and capital leases	0	0.4
Repayments on long-term debt and capital leases	0	(0.2)
Debit issuance costs	0
Changes in short-term borrowings	0
Dividend paid to MTW	0
Exercises of stock options	0
Intercompany financing	0	1.2	66.9	75.1	0
Repayments on intercompany note	42.4
Net cash provided by (used for) financing activities	(42.4)	1.4	66.7	74.8	0.5
Effect of exchange rate changes on cash	0	0	0	0	0
Net decrease in cash and cash equivalents	(2.7)	(1)	0.8	2.5	1
Balance at beginning of period	3.5	2.7	2.7	0.2	(0.8)
Balance at end of period	0.8	1.7	3.5	2.7	0.2
Non-Guarantor Subsidiaries [Member]
Cash Flows From Operating activities
Net cash provided by (used for) operating activities	(74.4)	(1.1)	(96.3)	95.1	8.2
Net cash provided by operating activities of discontinued operations			0	0	0
Net cash provided by (used for) operating activities			(96.3)	95.1	8.2
Cash Flows From Investing
Capital expenditures	(3.3)	(3.1)	(5.9)	(7)	(10.1)
Changes in restricted cash	0.2	(0.3)	(0.6)
Business acquisitions, net of cash acquired			(5.3)		(12.2)
Proceeds from sale of business			0		0
Intercompany investment	0	0	0	(82.7)	0
Net cash provided by (used for) investing activities	39.3	(3.4)	(11.8)	(89.7)	(22.3)
Proceeds from sale of property, plant and equipment					0
Net cash used for investing activities of discontinued operations					0
Net cash provided by investing activities					(22.3)
Proceeds from intercompany note	42.4
Cash Flows From Financing
Payments on capital leases			0	0	0
Proceeds from capital leases			0	0	0
Net transactions with MTW	0	0	0	0	0
Proceeds from long-term debt and capital leases	8.1	0
Repayments on long-term debt and capital leases	(7.3)	0
Debit issuance costs	0
Changes in short-term borrowings	0.1
Dividend paid to MTW	0
Exercises of stock options	0
Intercompany financing	35.3	4.7	126.3	0	1.1
Repayments on intercompany note	0
Net cash provided by (used for) financing activities	36.2	4.7	126.3	0	1.1
Effect of exchange rate changes on cash	(0.1)	(0.9)	(3.5)	(1)	(0.6)
Net decrease in cash and cash equivalents	1	(0.7)	14.7	4.4	(13.6)
Balance at beginning of period	28.5	13.8	13.8	9.4	23
Balance at end of period	$ 29.5	$ 13.1	$ 28.5	$ 13.8	$ 9.4

Schedule II_ Valuation and Q129

Schedule II: Valuation and Qualifying Accounts (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for doubtful accounts
Valuation and Qualifying Accounts
Balance at Beginning of Year	$ 3.9	$ 3.1	$ 3.3
Charge to Costs and Expenses	2.5	4.2	1.7
Utilization of Reserve	(2.2)	(3.2)	(1.9)
Other, Primarily Impact of Foreign Exchange Rates	(0.2)	(0.2)	0
Balance at end of Year	4	3.9	3.1
Deferred tax valuation allowance
Valuation and Qualifying Accounts
Balance at Beginning of Year	113.1	80.2	85.9
Charge to Costs and Expenses	(0.5)	36.3	(5.4)
Utilization of Reserve	(28.2)	(0.4)	(0.2)
Other, Primarily Impact of Foreign Exchange Rates	(4.3)	(3)	(0.1)
Balance at end of Year	$ 80.1	$ 113.1	$ 80.2

Fair Value of Financial Inst130

Fair Value of Financial Instruments - Narrative (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Feb. 18, 2016
Senior Notes due 2024
Financial assets and liabilities accounted for at fair value on a recurring basis
Interest rate, stated percentage (as a percent)		9.50%
Senior Notes due 2024 | Senior Notes
Financial assets and liabilities accounted for at fair value on a recurring basis
Interest rate, stated percentage (as a percent)	9.50%
Debt instruments at fair value	$ 477.3
Term loan B | Senior Secured
Financial assets and liabilities accounted for at fair value on a recurring basis
Debt instruments at fair value	$ 960.7

Debt - Narrative (Detail)

Debt - Narrative (Detail)	Mar. 04, 2016USD ($)	Feb. 18, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016	Mar. 03, 2016USD ($)	Dec. 31, 2015USD ($)
Price percentage on notes that are required to be offered for repurchase		101.00%	101.00%
Senior notes default redemption minimum principal as percentage of principal outstanding (at least)		25.00%	25.00%
Debt outstanding			$ 1,410,300,000			$ 2,700,000
Consolidated total leverage ratio			5.52
Consolidated total leverage ratio covenant			6.25	6.25
Consolidated interest coverage ratio			3.25
Consolidated interest coverage ratio covenant			2	2
Senior Notes and 2016 Credit Agreement
Face amount of debt	$ 975,000,000				$ 975,000,000
Senior Notes due 2024
Face amount of debt		$ 425,000,000
Interest rate, stated percentage (as a percent)		9.50%
Debt outstanding			$ 425,000,000			0
Other
Debt outstanding			$ 3,300,000			$ 2,700,000
Weighted average interest rate (as a percent)			4.39%
LIBOR | 2016 Credit Agreement
Spreads for LIBOR and prime borrowings	4.75%		4.75%
Debt instrument basis spread on variable rate, floor	1.00%		1.00%
Alternate base rate | 2016 Credit Agreement
Debt instrument basis spread on variable rate, fixed discount to LIBOR rate			1.00%
Minimum | LIBOR | 2016 Credit Agreement
Spreads for LIBOR and prime borrowings	1.50%		1.50%
Maximum | LIBOR | 2016 Credit Agreement
Spreads for LIBOR and prime borrowings	2.75%		2.75%
Senior Notes | Senior Notes due 2024
Face amount of debt			$ 425,000,000
Interest rate, stated percentage (as a percent)			9.50%
Debt instrument, redemption price (as a percent)			100.00%
Revolving credit facility | 2016 Credit Agreement
Line of credit facility	$ 225,000,000
Revolving credit facility | Line of Credit | 2016 Credit Agreement
Line of credit facility					225,000,000
Weighted average interest rate (as a percent)			3.47%
Senior credit facility, amount outstanding			$ 32,000,000
Highest daily borrowings			49,000,000
Average borrowings			$ 31,800,000
Revolving credit facility | Line of Credit | LIBOR | 2016 Credit Agreement
Spreads for LIBOR and prime borrowings			2.75%
Revolving credit facility | Line of Credit | Prime Rate | 2016 Credit Agreement
Spreads for LIBOR and prime borrowings			1.75%
Letter of Credit | 2016 Credit Agreement
Line of credit facility	20,000,000
Letter of Credit | Line of Credit | 2016 Credit Agreement
Line of credit facility					20,000,000
Swingline Loan | 2016 Credit Agreement
Line of credit facility	$ 40,000,000
Swingline Loan | Line of Credit | 2016 Credit Agreement
Line of credit facility					$ 40,000,000

Debt - Summary of covenant leve

Debt - Summary of covenant levels of financial covenants (Detail)	Jun. 30, 2016	Mar. 31, 2016
Debt Disclosure [Abstract]
Consolidated Total Leverage Ratio (less than)	6.25	6.25
Consolidated Interest Coverage Ratio (greater than)	2	2

Debt - Schedule of percentage o

Debt - Schedule of percentage of principal amount at which the entity may redeem the notes (Detail) - Senior Notes due 2024	6 Months Ended
	Jun. 30, 2016
2,019
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	107.10%
2,020
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	104.80%
2,021
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	102.40%
2022 and thereafter
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	100.00%

Debt - Schedule of outstanding

Debt - Schedule of outstanding debt (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 1,410.3	$ 2.7
Less current portion and short-term borrowings	(1.4)	(0.4)
Less unamortized debt issuance costs	(39)	0
Long-term debt and capital leases	1,369.9	2.3	$ 3.6
Revolving credit facility
Debt Instrument [Line Items]
Total debt and capital leases including current portion	32	0
Term loan B
Debt Instrument [Line Items]
Total debt and capital leases including current portion	950	0
Senior Notes due 2024
Debt Instrument [Line Items]
Total debt and capital leases including current portion	425	0
Other
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 3.3	$ 2.7

Equity - Narrative (Detail)

Equity - Narrative (Detail) - USD ($) shares in Millions, $ in Millions	Mar. 04, 2016	Mar. 03, 2016	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Class of Stock [Line Items]
Dividend paid			$ 0		$ 0	$ 0	$ 0
Common Stock
Class of Stock [Line Items]
Shares of common stock issued (in shares)						137,016,712
Net Parent Company Investment | Common Stock | One-Time Cash Dividend
Class of Stock [Line Items]
Dividend paid		$ 1,362		$ 1,362
Net Parent Company Investment | MFS | Common Stock
Class of Stock [Line Items]
Shares of common stock issued (in shares)	137

Equity - Stockholders Equity Ro

Equity - Stockholders Equity Rollforward (Detail) - USD ($) shares in Millions, $ in Millions	3 Months Ended									6 Months Ended		12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2016
Increase (Decrease) in Stockholders' Equity
Beginning balance			$ 1,322.3		$ 1,251.4				$ 1,268.4	$ 1,208.7	$ 1,251.4	$ 1,251.4	$ 1,268.4
Net earnings	$ 15.1	$ 65.1	41.1	$ 36.9	14	$ 27.4	$ 62.9	$ 36.9	32.6	33.2	50.9	157.1	159.8	$ 146.1
Net transfers to MTW										(1,362)
Separation related adjustments										(48.4)
Issuance of common stock, equity-based compensation plans										1.1
Stock-based compensation expense										3.4
Adjustment from Spin-off										0.6
Other comprehensive income (loss)										52.3	(10.3)
Net increase in net parent company investment											30.3
Ending balance		1,208.7	1,322.3		1,251.4	1,251.4			1,268.4	1,208.7	1,251.4	1,251.4	1,268.4		$ (111.1)
Common Stock
Increase (Decrease) in Stockholders' Equity
Issuance of common stock at Spin-off										$ 1.4
Issuance of common stock at Spin-off (shares)										137,016,712
Issuance of common stock, equity-based compensation plans (in shares)										165,894
Ending balance															$ 1.4
Ending balance (in shares)															137,182,606
Additional Paid-In Capital (Deficit)
Increase (Decrease) in Stockholders' Equity
Reclassification of net investment to additional paid-in capital										$ (94.5)
Issuance of common stock at Spin-off										(1.4)
Issuance of common stock, equity-based compensation plans										1.1
Stock-based compensation expense										3.4
Adjustment from Spin-off										0.6
Ending balance															$ (90.8)
Retained Earnings
Increase (Decrease) in Stockholders' Equity
Net earnings										17.9
Ending balance															17.9
Net Parent Company Investment
Increase (Decrease) in Stockholders' Equity
Beginning balance			1,353.3		1,272.1				1,267.2	1,253.2	1,272.1	1,272.1	1,267.2	1,303.5
Net earnings										15.3	50.9	157.1	159.8	146.1
Net transfers to MTW										(1,362)
Separation related adjustments										(1)
Reclassification of net investment to additional paid-in capital										94.5
Net increase in net parent company investment											30.3
Ending balance		1,253.2	1,353.3		1,272.1	1,272.1			1,267.2	1,253.2	1,272.1	1,272.1	1,267.2	1,303.5
Accumulated Other Comprehensive (Loss) Income
Increase (Decrease) in Stockholders' Equity
Beginning balance	(35.3)		(31)	(31.8)	(20.7)				1.2	(44.5)	(20.7)	(20.7)	1.2	(6.8)
Separation related adjustments										(47.4)
Other comprehensive income (loss)										52.3	(10.3)
Ending balance	$ (35.3)	$ (44.5)	$ (31)	$ (31.8)	$ (20.7)	$ (20.7)			$ 1.2	$ (44.5)	$ (20.7)	$ (20.7)	$ 1.2	$ (6.8)	$ (39.6)

Subsidiary Guarantors of Sen137

Subsidiary Guarantors of Senior Notes due 2024 - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2016
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Collective ownership percentage on guarantor subsidiaries	100.00%