Lennox International (LII) 10-K 21 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Billions	12 Months Ended
	Dec. 31, 2016	Feb. 09, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	LENNOX INTERNATIONAL INC
Entity Central Index Key	1,069,202
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 4.8
Entity Common Stock, Shares Outstanding		42,982,367

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 50.2	$ 38.9
Accounts and notes receivable, net of allowances of $6.7 and $6.3 in 2016 and 2015, respectively	469.8	422.8
Inventories, net	418.5	418.8
Other assets	67.4	57.7
Total current assets	1,005.9	938.2
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively	361.4	339.6
Goodwill	195.1	195.1
Deferred income taxes	136.7	145.7
Other assets, net	61.2	58.8
Total assets	1,760.3	1,677.4
Current Liabilities:
Short-term debt	52.4	204.1
Current maturities of long-term debt	200.1	31
Accounts payable	361.2	320.1
Accrued expenses	265.9	242.6
Income taxes payable	9	26
Total current liabilities	888.6	823.8
Long-term debt	615.7	506
Post-retirement benefits, other than pensions	2.8	4.1
Pensions	87.5	120.8
Other liabilities	127.7	121.1
Total liabilities	1,722.3	1,575.8
Commitments and contingencies
Stockholders' equity
Preferred stock, $.01 par value, 25,000,000 shares authorized, no shares issued or outstanding	0	0
Common stock, $.01 par value, 200,000,000 shares authorized, 87,170,197 shares issued	0.9	0.9
Additional paid-in capital	1,046.2	1,002.4
Retained earnings	1,353	1,146.7
Accumulated other comprehensive loss	(195.1)	(204.7)
Treasury stock, at cost, 44,195,250 shares and 42,491,910 shares for 2016 and 2015, respectively	(2,167.4)	(1,844.1)
Noncontrolling interests	0.4	0.4
Total stockholders’ equity	38	101.6
Total liabilities and stockholders' equity	$ 1,760.3	$ 1,677.4

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowances, accounts and notes receivable	$ 6.7	$ 6.3
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 717.2	$ 682.9
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	87,170,197	87,170,197
Treasury stock, shares	44,195,250	42,491,910

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Net sales	$ 3,641.6	$ 3,467.4	$ 3,367.4
Cost of goods sold	2,565.1	2,520	2,464.1
Gross profit	1,076.5	947.4	903.3
Operating expenses:
Selling, general and administrative expenses	621	580.5	573.7
Losses and other expenses, net	11.3	21.7	6.8
Restructuring charges	1.8	3.2	1.9
Goodwill impairment	0	5.5	0
Asset impairment	0	44.5	0
Pension and Other Postretirement Benefit Expense	31.4	0	0
Income from equity method investments	(18.4)	(13.4)	(13.8)
Operating income	429.4	305.4	334.7
Interest expense, net	27	23.6	17.2
Other income, net	(0.3)	(0.8)	(0.1)
Income from continuing operations before income taxes	402.7	282.6	317.6
Provision for income taxes	124.1	95.4	109.5
Income from continuing operations	278.6	187.2	208.1
Discontinued operations:
Loss from discontinued operations before income taxes	(1.3)	(1)	(3.7)
Benefit from income taxes	(0.5)	(0.4)	(1.4)
Loss from discontinued operations	(0.8)	(0.6)	(2.3)
Net income	$ 277.8	$ 186.6	$ 205.8
Earnings per share – Basic:
Income from continuing operations (in usd per share)	$ 6.41	$ 4.17	$ 4.35
Loss from discontinued operations (in usd per share)	(0.02)	(0.01)	(0.05)
Net income (in usd per share)	6.39	4.16	4.30
Earnings per share – Diluted:
Income from continuing operations (in usd per share)	6.34	4.11	4.28
Loss from discontinued operations (in usd per share)	(0.02)	(0.02)	(0.05)
Net income (in usd per share)	$ 6.32	$ 4.09	$ 4.23
Average shares outstanding:
Basic (in shares)	43.4	44.9	47.9
Diluted (in shares)	44	45.6	48.6
Cash dividends declared per share (in usd per share)	$ 1.65	$ 1.38	$ 1.14

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 277.8	$ 186.6	$ 205.8
Other comprehensive income (loss):
Foreign currency translation adjustments	(11.6)	(58.7)	(45.7)
Net change in pension and post-retirement benefit liabilities	10.4	5.7	(75.9)
Change in fair value of available-for-sale marketable equity securities	(2.1)	1.2	0.7
Net change in fair value of cash flow hedges	9.8	(18.4)	(12.1)
Reclassification of pension and post-retirement benefit losses into earnings	6.3	9.7	6.9
Reclassification of cash flow hedge losses into earnings	12.3	12.5	5.7
Other comprehensive income (loss) before taxes	25.1	(48)	(120.4)
Tax (expense) benefit	(15.5)	(3.2)	28
Other comprehensive income (loss), net of tax	9.6	(51.2)	(92.4)
Comprehensive income	$ 287.4	$ 135.4	$ 113.4

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions	Total	Common Stock Issued [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock at Cost [Member]	Noncontrolling Interest [Member]
Beginning balance, shares at Dec. 31, 2013		87,200,000
Beginning balance at Dec. 31, 2013	$ 485.7	$ 0.9	$ 912.7	$ 870.5	$ (61.1)	$ (1,238.1)	$ 0.8
Beginning balance, Treasury shares at Dec. 31, 2013						38,100,000
Stockholders' Equity [Roll Forward]
Net income	205.8			205.8
Dividends	(54.2)			(54.2)
Foreign currency translation adjustments, net	(45.7)				(45.7)
Pension and postretirement liability changes, net of tax expense (benefit)	(43.4)				(43.4)
Change in fair value of available-for-sale marketable equity securities	0.7				0.7
Stock-based compensation expense	23.3		23.3
Change in cash flow hedges, net of tax expense (benefit)	(4)				(4)
Treasury shares reissued for common stock	1.9		(5.6)			$ 7.5
Treasury shares reissued for common stock, shares						(800,000)
Additional investment in subsidiary	(0.2)						(0.2)
Treasury stock purchases	(572.7)		(117.3)			$ (455.4)
Treasury stock purchases, shares						5,200,000
Tax benefits of stock-based compensation	11.8		11.8
Ending balance, shares at Dec. 31, 2014		87,200,000
Ending balance at Dec. 31, 2014	9	$ 0.9	824.9	1,022.1	(153.5)	$ (1,686)	0.6
Ending balance, Treasury shares at Dec. 31, 2014						42,500,000
Stockholders' Equity [Roll Forward]
Net income	186.6			186.6
Dividends	(62)			(62)
Foreign currency translation adjustments, net	(58.7)				(58.7)
Pension and postretirement liability changes, net of tax expense (benefit)	10.1				10.1
Change in fair value of available-for-sale marketable equity securities	1.2				1.2
Stock-based compensation expense	26.6		26.6
Change in cash flow hedges, net of tax expense (benefit)	(3.8)				(3.8)
Treasury shares reissued for common stock	2.4		(6.5)			$ 8.9
Treasury shares reissued for common stock, shares						(800,000)
Additional investment in subsidiary	(0.2)						(0.2)
Treasury stock purchases	(32)		135			$ (167)
Treasury stock purchases, shares						800,000
Tax benefits of stock-based compensation	22.4		22.4			$ 0
Ending balance, shares at Dec. 31, 2015		87,200,000
Ending balance at Dec. 31, 2015	$ 101.6	$ 0.9	1,002.4	1,146.7	(204.7)	$ (1,844.1)	0.4
Ending balance, Treasury shares at Dec. 31, 2015	42,491,910					42,500,000
Stockholders' Equity [Roll Forward]
Net income	$ 277.8			277.8
Dividends	(71.5)			(71.5)
Foreign currency translation adjustments, net	(11.6)				(11.6)
Pension and postretirement liability changes, net of tax expense (benefit)	9.3				9.3
Change in fair value of available-for-sale marketable equity securities	(2.1)				(2.1)
Stock-based compensation expense	31.7		31.7
Change in cash flow hedges, net of tax expense (benefit)	14				14
Treasury shares reissued for common stock	2.7		(7.3)			$ 10
Treasury shares reissued for common stock, shares						(700,000)
Additional investment in subsidiary	0
Treasury stock purchases	(333.3)					$ (333.3)
Treasury stock purchases, shares						2,400,000
Tax benefits of stock-based compensation	19.4		19.4
Ending balance, shares at Dec. 31, 2016		87,200,000
Ending balance at Dec. 31, 2016	$ 38	$ 0.9	$ 1,046.2	$ 1,353	$ (195.1)	$ (2,167.4)	$ 0.4
Ending balance, Treasury shares at Dec. 31, 2016	44,195,250					44,200,000

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Dividends per share (in usd per share)	$ 1.65	$ 1.38	$ 1.14
Benefit (expense) for tax, pension and post-retirement liability changes	$ 2.2	$ 3.4	$ 2.4
Provision (benefit) for tax, derivatives	$ (4.3)	$ (4.4)	$ (2)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income	$ 277.8	$ 186.6	$ 205.8
Adjustments to reconcile net income to net cash provided by operating activities:
Income from equity method investments	(18.4)	(13.4)	(13.8)
Dividends from affiliates	14.9	11	9.1
Restructuring expenses, net of cash paid	(0.8)	0	0.2
Goodwill impairment	0	5.5	0
Impairment of assets	0	(44.5)	0
Provision for bad debts	2.4	2.8	2.6
Unrealized (gains) losses on derivative contracts	(0.7)	0.8	0.3
Stock-based compensation expense	31.7	26.6	23.3
Depreciation and amortization	58.1	62.8	60.8
Deferred income taxes	(4)	(21.3)	6.1
Pension expense	37.7	10.6	6.5
Pension contributions	(53.9)	(3.9)	(14.5)
Other items, net	0.9	1	0.1
Changes in assets and liabilities, net of effects of acquisitions and divestitures:
Accounts and notes receivable	(50.6)	(23.5)	(32.6)
Inventories	0.3	28.8	(96.7)
Other current assets	0.1	(1.6)	(8.3)
Accounts payable	40.1	(2.9)	46.1
Accrued expenses	36.2	4.2	6.7
Income taxes payable and receivable	(19.5)	10.9	(15.9)
Other, net	2.2	1.7	(1)
Net cash provided by operating activities	354.5	331.2	184.8
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.2	0.1	1.1
Purchases of property, plant and equipment	(84.3)	(69.9)	(88.4)
Net cash used in investing activities	(84.1)	(69.8)	(87.3)
Cash flows from financing activities:
Short-term borrowings, net	(2.4)	(1.7)	1.5
Asset securitization borrowings	145	40	100
Asset securitization payments	(295)	(60)	(40)
Long-term debt borrowings	350	0	300
Long-term debt payments	(58.8)	(24)	(2.3)
Borrowings from credit facility	2,336.5	1,671	2,073.5
Payments on credit facility	(2,346)	(1,807.5)	(1,908.5)
Payments of deferred financing costs	(4.2)	0	(2.2)
Proceeds from employee stock purchases	2.6	2.4	2
Repurchases of common stock	(300)	0	(550.3)
Repurchases of common stock to satisfy employee withholding tax obligations	(33.3)	(32)	(22.4)
Excess tax benefits related to share-based payments	19.4	22.4	11.8
Cash dividends paid	(69)	(59.3)	(52.6)
Net cash used in financing activities	(255.2)	(248.7)	(89.5)
Increase (decrease) in cash and cash equivalents	15.2	12.7	8
Effect of exchange rates on cash and cash equivalents	3.9	11.3	8.5
Cash and cash equivalents, beginning of year	38.9	37.5	38
Cash and cash equivalents, end of year	50.2	38.9	37.5
Cash paid during the year for:
Interest, net	26.3	23.7	17.6
Income taxes (net of refunds)	$ 127.4	$ 83.2	$ 105.3

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations: Lennox International Inc., a Delaware corporation, through its subsidiaries (referred to herein as "we," "our," "us," "LII," or the "Company"), is a leading global provider of climate control solutions. We design, manufacture, market and service a broad range of products for the heating, ventilation, air conditioning and refrigeration ("HVACR") markets and sell our products and services through a combination of direct sales, distributors and company-owned parts and supplies stores. We operate in three reportable business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. See Note 18 for financial information regarding our reportable segments.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies: Principles of Consolidation The consolidated financial statements include the accounts of Lennox International Inc. and our majority-owned subsidiaries. All intercompany transactions, profits and balances have been eliminated. Cash and Cash Equivalents We consider all highly liquid temporary investments with original maturity dates of three months or less to be cash equivalents. Cash and cash equivalents consisted primarily of bank deposits. Accounts and Notes Receivable Accounts and notes receivable are shown in the accompanying Consolidated Balance Sheets, net of allowance for doubtful accounts. The allowance for doubtful accounts is generally established during the period in which receivables are recognized and is based on the age of the receivables and management's judgment on our ability to collect. Management considers the historical trends of write-offs and recoveries of previously written-off accounts, the financial strength of customers and projected economic and market conditions. We determine the delinquency status of receivables predominantly based on contractual terms and we write-off uncollectible receivables after management's review of our ability to collect, as noted above. We have no significant concentrations of credit risk within our accounts and notes receivable. Inventories Inventory costs include material, labor, depreciation and plant overhead. Inventories of $221.4 million and $212.4 million as of December 31, 2016 and 2015 , respectively, were valued at the lower of cost or market using the last-in, first-out (“LIFO”) cost method. The remainder of inventory is valued at the lower of cost or market with cost determined primarily using either the first-in, first-out (“FIFO”) or average cost methods. We elected to use the LIFO cost method for our domestic manufacturing companies in 1974 and continued to elect the LIFO cost method for new operations through the late 1980s. The types of inventory costs that use LIFO include raw materials, purchased components, work-in-process, repair parts and finished goods. Since the late 1990s, we have adopted the FIFO cost method for all new domestic manufacturing operations (primarily acquisitions). Our operating entities with a previous LIFO election continue to use the LIFO cost method. We use the FIFO cost method for our foreign-based manufacturing facilities. See Note 3 for more information on our inventories. Property, Plant and Equipment Property, plant and equipment is stated at cost, net of accumulated depreciation. Expenditures that increase the utility or extend the useful lives of fixed assets are capitalized while expenditures for maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the following estimated useful lives: Buildings and improvements: Buildings and improvements 2 to 30 years Leasehold improvements 1 to 20 years Machinery and equipment: Computer hardware 3 to 15 years Computer software 3 to 10 years Factory machinery and equipment 1 to 15 years Research and development equipment 3 to 10 years Vehicles 2 to 6 years We periodically review long-lived assets for impairment as events or changes in circumstances indicate that the carrying amount of such assets might not be recoverable. To assess recoverability, we compare the estimated expected future undiscounted cash flows identified with each long-lived asset or related asset group to the carrying amount of such assets. If the expected future cash flows do not exceed the carrying value of the asset or assets being reviewed, an impairment loss is recognized based on the excess of the carrying amount of the impaired assets over their fair value. See Note 5 for additional information on our property, plant and equipment. Goodwill Goodwill represents the excess of cost over fair value of assets from acquired businesses. Goodwill is not amortized, but is reviewed for impairment annually and whenever events or changes in circumstances indicate the asset may be impaired (See Note 4 for additional information on our goodwill). The annual goodwill impairment test was performed during the fourth quarter of 2016. The provisions of the accounting standard for goodwill allow us to first assess qualitative factors to determine whether it is necessary to perform a two-step quantitative goodwill impairment test. As part of our qualitative assessment, we monitor economic, legal, regulatory and other factors, industry trends, our market capitalization, recent and forecasted financial performance of our reporting units and the timing and nature of our restructuring activities for LII as a whole and for each reporting unit. For those reporting units which are evaluated using the two-step quantitative goodwill impairment test, we estimate reporting unit fair values using either the discounted cash flow approach or a market approach. The discounted cash flows used to estimate fair value are based on assumptions regarding each reporting unit’s estimated projected future cash flows and the estimated weighted-average cost of capital that a market participant would use in evaluating the reporting unit in a purchase transaction. The estimated weighted-average cost of capital is based on the risk-free interest rate and other factors such as equity risk premiums and the ratio of total debt to equity capital. In performing these impairment tests, we take steps to ensure that appropriate and reasonable cash flow projections and assumptions are used. We reconcile our estimated enterprise value to our market capitalization and determine the reasonableness of the cost of capital used by comparing to market data. We also perform sensitivity analyses on the key assumptions used, such as the weighted-average cost of capital and terminal growth rates. If market approach is used, it is based on objective evidence of market values. Intangible Assets We amortize intangible assets and other assets with finite lives over their respective estimated useful lives to their estimated residual values, as follows: Asset Useful Life Deferred financing costs Effective interest method Customer relationships Straight-line method up to 12 years Patents and others Straight-line method up to 20 years We periodically review intangible assets with estimable useful lives for impairment as events or changes in circumstances indicate that the carrying amount of such assets might not be recoverable. We assess recoverability by comparing the estimated expected undiscounted future cash flows identified with each intangible asset or related asset group to the carrying amount of such assets. If the expected future cash flows do not exceed the carrying value of the asset or assets being reviewed, an impairment loss is recognized based on the excess of the carrying amount of the impaired assets over their fair value. In assessing the fair value of these intangible assets, we must make assumptions that a market participant would make regarding estimated future cash flows and other factors to determine the fair value of the respective assets. If these estimates or the related assumptions change, we may be required to record impairment charges for these assets in the future. We review our indefinite-lived intangible assets for impairment annually in the fourth quarter and whenever events or changes in circumstances indicate the asset may be impaired. The provisions of the accounting standard for indefinite-lived intangible assets allow us to first assess qualitative factors to determine whether it is necessary to perform a two-step quantitative impairment test. As part of our qualitative assessment, we monitor economic, legal, regulatory and other factors, industry trends, recent and forecasted financial performance of our reporting units and the timing and nature of our restructuring activities for LII as a whole and as they relate to the fair value of the assets. For those intangible assets which are evaluated using the two-step quantitative impairment test, we compare the estimated expected undiscounted future cash flows identified with each intangible asset or related asset group to the carrying amount of such assets. If the expected future cash flows do not exceed the carrying value of the asset or assets being reviewed, an impairment loss is recognized based on the excess of the carrying amount of the impaired assets over their fair value. See Note 4 for additional information on our intangible assets. Product Warranties For some of our heating, ventilation and air conditioning (“HVAC”) products, we provide warranty terms ranging from one to 20 years to customers for certain components such as compressors or heat exchangers. For select products, we also provide limited lifetime warranties. A liability for estimated warranty expense is recorded on the date that revenue is recognized. Our estimates of future warranty costs are determined by product line. The number of units we expect to repair or replace is determined by applying an estimated failure rate, which is generally based on historical experience, to the number of units that were sold and are still under warranty. The estimated units to be repaired under warranty are multiplied by the average cost to repair or replace such products to determine the estimated future warranty cost. We do not discount product warranty liabilities as the amounts are not fixed and the timing of future cash payments is neither fixed nor reliably determinable. We also provide for specifically-identified warranty obligations. Estimated future warranty costs are subject to adjustment depending on changes in actual failure rate and cost experience. Subsequent costs incurred for warranty claims serve to reduce the accrued product warranty liability. See Note 10 for more information on our estimated future warranty costs. Pensions and Post-retirement Benefits We provide pension and post-retirement medical benefits to eligible domestic and foreign employees and we recognize pension and post-retirement benefit costs over the estimated service life or average life expectancy of those employees. We also recognize the funded status of our benefit plans, as measured at year-end by the difference between plan assets at fair value and the benefit obligation, in the Consolidated Balance Sheets. Changes in the funded status are recognized in the year in which the changes occur through accumulated other comprehensive income (“AOCI”). Actuarial gains or losses are amortized into net period benefit cost over the estimated service life of covered employees or average life expectancy of participants depending on the plan. The benefit plan assets and liabilities reflect assumptions about the long-range performance of our benefit plans. Should actual results differ from management's estimates, revisions to the benefit plan assets and liabilities would be required. See Note 12 for information regarding those estimates and additional disclosures on pension and post-retirement medical benefits. Self-Insurance Self-insurance expense and liabilities were actuarially determined based primarily on our historical claims information and industry factors and trends. The self-insurance liabilities as of December 31, 2016 represent the best estimate of the future payments to be made on reported and unreported losses for 2016 and prior years. The amounts and timing of payments for claims reserved may vary depending on various factors, including the development and ultimate settlement of reported and unreported claims. To the extent actuarial assumptions change and claims experience rates differ from historical rates, our liabilities may change. See Note 10 for additional information on our self-insured risks and liabilities. Derivatives We use futures contracts, forward contracts and fixed forward contracts to mitigate our exposure to volatility in metal commodity prices and foreign exchange rates. We hedge only exposures in the ordinary course of business and do not hold or trade derivatives for profit. All derivatives are recognized in the Consolidated Balance Sheets at fair value and the classification of each derivative instrument is based upon whether the maturity of the instrument is less than or greater than 12 months. See Note 8 for more information on our derivatives. Income Taxes We recognize deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. Unrecognized tax benefits are accounted for as required by the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 740. See Note 9 for more information related to income taxes. Revenue Recognition Our revenue recognition practices for the sale of goods depend upon the shipping terms for each transaction. Shipping terms are primarily FOB Shipping Point and, therefore, revenue is recognized for these transactions when products are shipped to customers and title passes. Certain customers in our smaller operations, primarily outside of North America, have shipping terms where title and risk of ownership do not transfer until the product is delivered to the customer. For these transactions, revenue is recognized on the date that the product is received and accepted by such customers. We experience returns for miscellaneous reasons and record a reserve for these returns at the time we recognize revenue based on historical experience. Our historical rates of return are insignificant as a percentage of sales. We also recognize revenue net of sales taxes. For our businesses that provide services, revenue is recognized at the time services are completed. Our Commercial Heating & Cooling segment also provides sales, installation, maintenance and repair services under fixed-price contracts. Revenue for these services is recognized over the life of the contract. We engage in cooperative advertising, customer rebate, and other miscellaneous programs that result in payments or credits being issued to our customers. We record these customer discounts and incentives as a reduction of sales when the sales are recorded. For certain cooperative advertising programs, we also receive an identifiable benefit (goods or services) in exchange for the consideration given, and, accordingly, record a ratable portion of the expenditure to Selling, general and administrative (“SG&A”) expenses. All other advertising, promotions and marketing costs are expensed as incurred. See Note 22 for more information on these costs. Cost of Goods Sold The principal elements of cost of goods sold are components, raw materials, factory overhead, labor, estimated costs of warranty expense and freight and distribution costs. Selling, General and Administrative Expenses SG&A expenses include payroll and benefit costs, advertising, commissions, research and development, information technology costs, and other selling, general and administrative related costs such as insurance, travel, non-production depreciation and rent. Stock-Based Compensation We recognize compensation expense for stock-based arrangements over the required employee service periods. We measure stock-based compensation costs on the estimated grant-date fair value of the stock-based awards that are expected to ultimately vest and we adjust expected vesting rates to actual rates as additional information becomes known. For stock-based arrangements with performance conditions, we periodically adjust performance achievement rates based on our best estimates of those rates at the end of the performance period. See Note 14 for more information. Translation of Foreign Currencies All assets and liabilities of foreign subsidiaries and joint ventures are translated into U.S. dollars using rates of exchange in effect at the balance sheet date. Revenue and expenses are translated at weighted average exchange rates during the year. Unrealized translation gains and losses are included in AOCI in the accompanying Consolidated Balance Sheets. Transaction gains and losses are included in Losses and other expenses, net in the accompanying Consolidated Statements of Operations. Use of Estimates The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, product warranties, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, and stock-based compensation among others. These estimates and assumptions are based on our best estimates and judgment. We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets and uncertain future economic conditions combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. Reclassifications Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories: The components of inventories are as follows (in millions): As of December 31, 2016 2015 Finished goods $ 287.2 $ 300.0 Work in process 5.1 4.2 Raw materials and parts 183.4 178.3 Total 475.7 482.5 Excess of current cost over last-in, first-out cost (57.2 ) (63.7 ) Total inventories, net $ 418.5 $ 418.8 The Company recorded pre-tax loss of $ 0.2 million in 2016, pre-tax loss of $ 0.2 million in 2015 and pre-tax loss of $0.9 million in 2014 from LIFO inventory liquidations. Reserve balances, primarily related to obsolete and slow-moving inventories, were $19.7 million and $21.5 million at December 31, 2016 and December 31, 2015, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets: Goodwill The changes in the carrying amount of goodwill in 2016 and 2015, in total and by segment, are summarized in the table below (in millions): Segment: Balance at December 31, 2014 (2) Impairment Other (1) Balance at December 31, 2015 Impairment Other (1) Balance at December 31, 2016 Residential Heating & Cooling $ 26.1 $ — $ — $ 26.1 $ — $ — $ 26.1 Commercial Heating & Cooling 62.3 — (1.7 ) 60.6 — (0.5 ) 60.1 Refrigeration 121.0 (5.5 ) (7.1 ) 108.4 — 0.5 108.9 $ 209.4 $ (5.5 ) $ (8.8 ) $ 195.1 $ — $ — $ 195.1 (1) Other consists of changes in foreign currency translation rates. (2) The goodwill balances in the table above are presented net of accumulated impairment charges of $15.7 million , all of which relate to impairments in periods prior to 2014. We reviewed our reporting unit structure as part of our annual goodwill impairment testing. We identified several components one level below our operating segments which were determined to be reporting units. We then performed our analysis to determine the proper aggregation of our reporting units, which considered similar economic and other characteristics, including product types, gross profits, production processes, customer types, distribution processes, and regulatory environments. Our analysis incorporated qualitative and quantitative measures to evaluate economic similarity and concluded that our reporting units continue to be equivalent to our operating segments except that we began evaluating our North America supermarket display cases and systems business separately beginning in 2015. A qualitative review of impairment indicators was performed in 2016 for the Residential Heating & Cooling, the Commercial Heating & Cooling segments, and the Refrigeration segments we determined that it was not more likely than not the fair values of our reporting units, individually or collectively, were less than their carrying values. Accordingly, a quantitative impairment analysis was not performed for these segments. During the fourth quarter of 2015 we performed a quantitative impairment analysis of our North American supermarket display cases and systems business. Based on the results of the quantitative impairment test, we recorded impairment of $5.5 million in "Goodwill impairment" in the Consolidated Statement of Operations. No indicators of goodwill impairment were identified during the current year. Also, we did not record any goodwill impairments related to continuing operations in 2014. Intangible Assets As of December 31, 2016 and 2015 , there were $4.3 million and $4.3 million , respectively, of indefinite-lived intangible assets recorded in Other assets, net in the accompanying Consolidated Balance Sheets. These intangible assets consisted primarily of trademarks and are not subject to amortization. Identifiable intangible and other assets subject to amortization were recorded in Other assets, net in the accompanying Consolidated Balance Sheets and were comprised of the following (in millions): As of December 31, 2016 2015 Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Customer relationships (1) 15.9 (14.9 ) 1.0 15.9 (14.6 ) 1.3 Patents and others 12.7 (6.4 ) 6.3 11.2 (6.3 ) 4.9 Total $ 28.6 $ (21.3 ) $ 7.3 $ 27.1 $ (20.9 ) $ 6.2 (1) The impairment related to customer relationships has been removed from the gross amount as well as the accumulated amortization, but is included in amortization expense for the previous year. Amortization expense related to these intangible and other assets was as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Amortization expense (1) $ 0.4 $ 2.7 $ 2.9 (1) The impairment related to customer relationships has been removed from the gross amount as well as the accumulated amortization, but is included in amortization expense for the previous year. Estimated amortization expense for the next five years and thereafter is as follows (in millions): Estimated Future Amortization Expense: 2017 $ 0.4 2018 0.4 2019 0.4 2020 0.4 2021 0.2 Thereafter 5.5 Deferred financing costs were reclassified out of intangible assets and removed from the tables above and are included as offsets against our debt balances as disclosed in Note 11. During the fourth quarter of 2015, we completed a strategic review of our North American supermarket display cases and systems business. As a result, we performed an impairment analysis using a market approach and determined that intangible assets relating to the North American supermarket display case business trade name and its customer relationships were impaired and we recorded a charge of $21.2 million in "Asset impairment" in the Consolidated Statement of Operations. We did no t have any impairments of intangible assets related to continuing operations in 2016 or 2014.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment: Components of Property, plant and equipment, net were as follows (in millions): As of December 31, 2016 2015 Land $ 33.9 $ 33.9 Buildings and improvements 218.2 211.8 Machinery and equipment 742.1 699.4 Capital leases 27.3 27.1 Construction in progress and equipment not yet in service 57.1 50.3 Total 1,078.6 1,022.5 Less accumulated depreciation (717.2 ) (682.9 ) Property, plant and equipment, net $ 361.4 $ 339.6 During the fourth quarter of 2015, we completed a strategic review of our North American supermarket display cases and systems business. As a result, we performed an impairment analysis using a market approach and determined that property, plant and equipment relating to the North American supermarket display case business unit were impaired and we recorded a charge of $23.3 million in "Asset impairment" in the Consolidated Statement of Operations. No impairment charges were recorded in 2016 or 2014.

Joint Ventures and Other Equity

Joint Ventures and Other Equity Investments	12 Months Ended
	Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Joint Ventures and Other Equity Investments	Joint Ventures and Other Equity Investments: We participate in two joint ventures, the largest located in the U.S. and the other in Mexico, that are engaged in the manufacture and sale of compressors, unit coolers and condensing units. We exert significant influence over these affiliates based upon our respective 25% and 50% ownerships, but do not control them due to venture partner participation. Accordingly, these joint ventures have been accounted for under the equity method and their financial position and results of operations are not consolidated. The combined balance of equity method investments included in Other assets, net totaled (in millions): As of December 31, 2016 2015 Equity method investments $ 30.7 $ 30.3 We purchase compressors from our U.S. joint venture for use in certain of our products. The amounts of purchases included in Cost of goods sold in the Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Purchases of compressors from joint venture $ 97.7 $ 103.5 $ 114.7

Accrued Expenses

Accrued Expenses	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses: The significant components of Accrued expenses are presented below (in millions): As of December 31, 2016 2015 Accrued compensation and benefits $ 89.8 $ 69.0 Accrued rebates and promotions 64.6 53.6 Accrued warranties 30.0 26.7 Accrued Sales, Use, Property and VAT taxes 20.2 15.4 Accrued asbestos reserves 9.8 7.7 Self insurance reserves 8.2 9.2 Deferred income 6.4 6.8 Derivative contracts 4.0 14.4 Other 32.9 39.8 Total Accrued expenses $ 265.9 $ 242.6

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives: Objectives and Strategies for Using Derivative Instruments Commodity Price Risk. We utilize a cash flow hedging program to mitigate our exposure to volatility in the prices of metal commodities used in our production processes. Our hedging program includes the use of futures contracts to lock in prices, and as a result, we are subject to derivative losses should the metal commodity prices decrease and gains should the prices increase. We utilize a dollar cost averaging strategy so that a higher percentage of commodity price exposures are hedged near-term with lower percentages hedged at future dates. This strategy allows for protection against near-term price volatility while allowing us to adjust to market price movements over time. Interest Rate Risk. A portion of our debt bears interest at variable interest rates, and as a result, we are subject to variability in the cash paid for interest. To mitigate a portion of that risk, we may choose to engage in an interest rate swap hedging strategy to eliminate the variability of interest payment cash flows. We are not currently hedged against interest rate risk. Foreign Currency Risk. Foreign currency exchange rate movements create a degree of risk by affecting the U.S. dollar value of assets and liabilities arising in foreign currencies. We seek to mitigate the impact of currency exchange rate movements on certain short-term transactions by periodically entering into foreign currency forward contracts. Cash Flow Hedges We have commodity futures contracts and foreign exchange forward contracts designated as cash flows hedges that are scheduled to mature through May 2018 and December 2017, respectively. Unrealized gains or losses from our cash flow hedges are included in AOCI and are expected to be reclassified into earnings within the next 17 months based on the prices of the commodities at the settlement dates. We recorded the following amounts related to our cash flow hedges in AOCI (in millions): As of December 31, 2016 2015 Unrealized (gains) losses on unsettled contracts $ (8.9 ) $ 13.2 Income tax expense (benefit) 3.3 (4.8 ) (Gains) losses included in AOCI, net of tax (1) $ (5.6 ) $ 8.4 (1) Assuming commodity and foreign currency prices remain constant, we expect to reclassify $4.5 million of derivative gains into earnings within the next 12 months. We had the following outstanding commodity futures contracts designated as cash flow hedges (in millions of pounds): As of December 31, Notional Amounts 2016 2015 Copper 30.4 34.7 We had the following outstanding foreign exchange forward contracts designated as cash flow hedges (in millions): As of December 31, Notional Amounts (in local currency): 2016 2015 Mexican Peso 310.1 201.4 Canadian Dollar 24.9 — Derivatives not Designated as Cash Flow Hedges For commodity derivatives not designated as cash flow hedges, we follow the same hedging strategy as derivatives designated as cash flow hedges, except that we elect not to designate them as cash flow hedges at the inception of the arrangement. We had the following outstanding commodity futures contracts not designated as cash flow hedges (in millions of pounds): As of December 31, 2016 2015 Copper 2.4 3.3 Aluminum 2.6 3.2 We had the following outstanding foreign currency forward contracts not designated as cash flow hedges (in millions): As of December 31, Notional amounts (in local currency): 2016 2015 Chinese Yuan 10.5 — Mexican Peso 64.5 53.0 Euro 46.9 3.2 British Pound 1.3 — Indian Rupee 584.6 30.8 Polish Zloty — 25.4 Information About the Locations and Amounts of Derivative Instruments The following tables provide the locations and amounts of derivative fair values in the Consolidated Balance Sheets and derivative gains and losses in the Consolidated Statements of Operations (in millions): Fair Values of Derivative Instruments as of December 31 (1) Derivatives Designated as Hedging Instruments Derivatives Not Designated as Hedging Instruments 2016 2015 2016 2015 Current Assets: Other assets Commodity futures contracts $ 8.7 $ — $ 0.7 $ — Foreign currency forward contracts 0.5 — 0.2 0.2 Non-Current Assets: Other assets, net Commodity futures contracts 1.9 — 0.2 — Foreign currency forward contracts $ — $ — $ — $ — Total Assets $ 11.1 $ — $ 1.1 $ 0.2 Current Liabilities: Accrued expenses Commodity futures contracts $ — $ 12.5 $ — $ 1.5 Foreign currency forward contracts 0.8 0.4 3.2 — Non-Current Liabilities: Other liabilities Commodity futures contracts — 0.4 — — Foreign currency forward contracts — — — — Total Liabilities $ 0.8 $ 13.3 $ 3.2 $ 1.5 (1) All derivative instruments are classified as Level 2 within the fair value hierarchy. See Note 19 for more information on fair value measurements. Derivatives in Cash Flow Hedging Relationships For the Years Ended December 31, 2016 2015 2014 Amount of Loss Reclassified from AOCI into Income (Effective Portion): Commodity futures contracts (1) $ 12.3 $ 12.5 $ 5.8 Amount of (Gain) Loss Recognized in Income on Derivatives (Ineffective Portion): Commodity futures contracts (2) $ (1.6 ) $ 0.1 $ 0.1 Derivatives Not Designated as Hedging Instruments For the Years Ended December 31, 2016 2015 2014 Amount of (Gain) Loss Recognized in Income on Derivatives: Commodity futures contracts (2) $ (0.9 ) $ 2.5 $ 1.2 Foreign currency forward contracts (2) 4.3 0.3 (0.8 ) $ 3.4 $ 2.8 $ 0.4 (1) The loss was recorded in Cost of goods sold in the accompanying Consolidated Statements of Operations. (2) The (gain) loss was recorded in Losses and other expenses, net in the accompanying Consolidated Statements of Operations.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes: Our Provision for income taxes from continuing operations consisted of the following (in millions): For the Years Ended December 31, 2016 2015 2014 Current: Federal $ 106.0 $ 101.0 $ 84.3 State 14.5 13.1 10.1 Foreign 9.7 3.6 9.6 Total current 130.2 117.7 104.0 Deferred: Federal (4.5 ) (21.4 ) 2.3 State (1.2 ) (0.6 ) 1.0 Foreign (0.4 ) (0.3 ) 2.2 Total deferred (6.1 ) (22.3 ) 5.5 Total provision for income taxes $ 124.1 $ 95.4 $ 109.5 Income from continuing operations before income taxes was comprised of the following (in millions): For the Years Ended December 31, 2016 2015 2014 Domestic $ 374.8 $ 276.7 $ 283.7 Foreign 27.9 5.9 33.9 Total $ 402.7 $ 282.6 $ 317.6 The difference between the income tax provision from continuing operations computed at the statutory federal income tax rate and the financial statement Provision for income taxes is summarized as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Provision at the U.S. statutory rate of 35% $ 141.0 $ 98.9 $ 111.2 Increase (reduction) in tax expense resulting from: State income tax, net of federal income tax benefit 12.8 8.0 8.8 Other permanent items 4.2 (9.1 ) (8.2 ) Tax credits, net of unrecognized tax benefits (27.9 ) (0.7 ) — Change in unrecognized tax benefits (0.3 ) (0.9 ) 0.2 Change in valuation allowance (4.3 ) (0.6 ) 0.2 Foreign taxes at rates other than 35% and miscellaneous other (1.4 ) (0.2 ) (2.7 ) Total provision for income taxes $ 124.1 $ 95.4 $ 109.5 Deferred income taxes reflect the tax consequences on future years of temporary differences between the tax basis of assets and liabilities and their financial reporting basis and depending on the classification of the asset or liability generating the deferred tax. The deferred tax provision for the periods shown represents the effect of changes in the amounts of temporary differences during those periods. Deferred tax assets (liabilities) were comprised of the following (in millions): As of December 31, 2016 2015 Gross deferred tax assets: Warranties $ 36.3 $ 33.7 Loss carryforwards (foreign, U.S. and state) 19.8 20.0 Post-retirement and pension benefits 33.9 47.7 Inventory reserves 9.6 9.0 Receivables allowance 4.5 4.1 Compensation liabilities 20.6 19.3 Deferred income 1.5 1.6 Insurance liabilities 6.5 6.3 Legal reserves 12.0 10.9 Hedges — 5.3 State credits, net of federal effect 18.4 8.3 Other 5.4 7.1 Total deferred tax assets 168.5 173.3 Valuation allowance (17.1 ) (19.9 ) Total deferred tax assets, net of valuation allowance 151.4 153.4 Gross deferred tax liabilities: Depreciation (3.3 ) (2.5 ) Hedges (3.2 ) — Intangibles (4.9 ) (2.2 ) Other (3.3 ) (3.0 ) Total deferred tax liabilities (14.7 ) (7.7 ) Net deferred tax assets $ 136.7 $ 145.7 As of December 31, 2016 and 2015, we had $1.6 million and $ 2.6 million in tax-effected state net operating loss carryforwards, respectively, and $16.8 million and $16.1 million in tax-effected foreign net operating loss carryforwards, respectively. The state and foreign net operating loss carryforwards began expiring in 2014. The deferred tax asset valuation allowance relates primarily to the operating loss carryforwards in various states in the U.S., European and Asian tax jurisdictions. The remainder of the valuation allowance relates to state tax credits which began to expire in 2014. In assessing whether a deferred tax asset will be realized, we consider whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. We consider the reversal of existing taxable temporary differences, projected future taxable income and tax planning strategies in making this assessment. Based upon the level of historical taxable income and projections for future taxable income over the periods in which the deferred tax assets are deductible, we believe it is more likely than not we will realize the benefits of these deductible differences, net of the existing valuation allowances, as of December 31, 2016 . To realize the net deferred tax asset, we will need to generate future foreign taxable income of approximately $62.7 million during the periods in which those temporary differences become deductible. We do not need to generate additional U.S. federal income as we have sufficient carryback capacity to fully realize the federal deferred tax asset. U.S. taxable income for the years ended December 31, 2016 and 2015 was $315.0 million and $225.7 million , respectively. No provision was made for income taxes which may become payable upon distribution of our foreign subsidiaries' earnings. These earnings were approximately $107.7 million as of December 31, 2016. It is not practicable to estimate the amount of tax that might be payable because our intent is to permanently reinvest these earnings or to repatriate earnings when it is tax effective to do so. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions): Balance as of December 31, 2014 $ 1.6 Increases related to prior year tax positions 0.5 Decreases related to prior year tax positions (1.2 ) Increases related to current year tax positions — Settlement (0.4 ) Balance as of December 31, 2015 0.5 Increases related to prior year tax positions 1.0 Decreases related to prior year tax positions — Increases related to current year tax positions 1.4 Settlement (0.5 ) Balance as of December 31, 2016 $ 2.4 Included in the balance of unrecognized tax benefits as of December 31, 2016 are potential benefits of $2.4 million that, if recognized, would affect the effective tax rate on income from continuing operations. We are currently under examination for our U.S. federal income taxes for 2016 and 2015 and are subject to examination by numerous other taxing authorities in the U.S. and in jurisdictions such as Australia, Belgium, France, Canada, and Germany. We are generally no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by taxing authorities for years before 2011. Since January 1, 2016, numerous states, including Delaware, North Carolina and the District of Columbia have enacted legislation effective for tax years beginning on or after January 1, 2016, including changes to rates and apportionment methods. The impact of these changes is immaterial. In November 2015, the Financial Accounting Standards Board issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes (Topic 740). The Update requires that all deferred tax assets and liabilities be classified as noncurrent in a classified statement of financial position. We adopted this Update retrospectively in the 2015 financial statements.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies: Leases We lease certain real and personal property under non-cancelable operating leases. Some of our lease agreements contain rent escalation clauses (including index-based escalations), rent holidays, capital improvement funding or other lease concessions. We recognize our minimum rental expense on a straight-line basis. We amortize this expense over the term of the lease beginning with the date of initial possession, which is the date we enter the leased space and begin to make improvements in preparation for its intended use. Future annual minimum lease payments and capital lease commitments as of December 31, 2016 were as follows (in millions): Operating Leases Capital Leases 2017 $ 48.3 $ 1.4 2018 38.1 0.8 2019 27.5 0.2 2020 16.9 0.1 2021 9.8 — Thereafter 18.2 14.6 Total minimum lease payments $ 158.8 $ 17.1 Less amount representing interest 0.4 Present value of minimum payments $ 16.7 On March 22, 2013, we entered into an agreement with a financial institution to renew the lease of our corporate headquarters in Richardson, Texas for a term of approximately six years through March 1, 2019 (the “Lake Park Renewal”). The leased property consists of an office building of approximately 192,000 square feet, land and related improvements. During the lease term, the Lake Park Renewal requires us to pay base rent in quarterly installments, payable in arrears. At the end of the lease term, we must do one of the following: (i) purchase the property for $41.2 million ; (ii) vacate the property and return it in good condition; (iii) arrange for the sale of the leased property to a third party; or (iv) renew the lease under mutually agreeable terms. If we elect to sell the property to a third party and the sales proceeds are less than the lease balance, we must pay any such deficit to the financial institution. Any such deficit payment cannot exceed 86% of the lease balance. The Lake Park Renewal is classified as an operating lease and its future annual minimum lease payments are included in the table above. Our obligations under the Lake Park Lease are secured by a pledge of our interest in the leased property. The Lake Park Renewal contains customary lease covenants and events of default as well as events of default if (i) indebtedness of $75 million or more is not paid when due, (ii) there is a change of control or (iii) we fail to comply with certain covenants incorporated from our Sixth Amended and Restated Credit Facility Agreement. We believe we were in compliance with these financial covenants as of December 31, 2016 . Environmental Environmental laws and regulations in the locations we operate can potentially impose obligations to remediate hazardous substances at our properties, properties formerly owned or operated by us, and facilities to which we have sent or send waste for treatment or disposal. We are aware of contamination at some facilities; however, we do not believe that any future remediation related to those facilities will be material to our results of operations. Total environmental accruals are included in the following captions on the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Accrued expenses $ 1.2 $ 1.3 Other liabilities 4.4 4.0 Total environmental accruals $ 5.6 $ 5.3 Future environmental costs are estimates and may be subject to change due to changes in environmental remediation regulations, technology or site-specific requirements. Product Warranties and Product Related Contingencies We incur the risk of liability for claims related to the installation and service of heating and air conditioning products, and we maintain liabilities for those claims that we self-insure. We are involved in various claims and lawsuits related to our products. Our product liability insurance policies have limits that, if exceeded, may result in substantial costs that could have an adverse effect on our results of operations. In addition, warranty claims and certain product liability claims are not covered by our product liability insurance. Total product warranty liabilities related to continuing operations are included in the following captions on the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Accrued expenses $ 30.0 $ 26.7 Other liabilities 71.1 65.6 Total product warranty liabilities $ 101.1 $ 92.3 The changes in product warranty liabilities related to continuing operations for the years ended December 31, 2016 and 2015 were as follows (in millions): Total warranty liability as of December 31, 2014 $ 87.2 Payments made in 2015 (27.2 ) Changes resulting from issuance of new warranties 37.1 Changes in estimates associated with pre-existing liabilities (2.6 ) Changes in foreign currency translation rates and other (2.2 ) Total warranty liability as of December 31, 2015 $ 92.3 Payments made in 2016 (24.7 ) Changes resulting from issuance of new warranties 36.2 Changes in estimates associated with pre-existing liabilities (2.6 ) Changes in foreign currency translation rates and other (0.1 ) Total warranty liability as of December 31, 2016 $ 101.1 We have incurred, and will likely continue to incur, product costs not covered by insurance or our suppliers’ warranties, which is not included in the estimated warranty liabilities tables immediately above. Also, to satisfy our customers and protect our brands, we have repaired or replaced installed products experiencing quality-related issues, and will likely continue such repairs and replacements. We currently estimate our probable liability for a certain supplier quality issue within a range of $0.9 million and $9.1 million with all amounts in that range equally likely. We have accrued a $0.9 million liability in Accrued expenses on the Consolidated Balance Sheet at December 31, 2016. The supplier is reimbursing the majority of costs related to this liability. Self-Insurance We use a combination of third-party insurance and self-insurance plans to provide protection against claims relating to workers' compensation/employers' liability, general liability, product liability, auto liability, auto physical damage and other exposures. We use large deductible insurance plans, written through third-party insurance providers, for workers' compensation/employers' liability, general liability, product liability and auto liability. We also carry umbrella or excess liability insurance for all third-party and self-insurance plans, except for directors' and officers' liability, property damage and certain other insurance programs. For directors' and officers' liability, property damage and certain other exposures, we use third-party insurance plans that may include per occurrence and annual aggregate limits. We believe the deductibles and liability limits for all of our insurance policies are appropriate for our business and are adequate for companies of our size in our industry. We maintain safety and manufacturing programs that are designed to remove risk, improve the effectiveness of our business processes and reduce the likelihood and significance of our various retained and insured risks. In recent years, our actual claims experience has collectively trended favorably and, as a result, both self-insurance expense and the related liability have decreased. Total self-insurance liabilities were included in the following captions on the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Accrued expenses $ 8.2 $ 9.2 Other liabilities 22.7 23.9 Total self-insurance liabilities $ 30.9 $ 33.1 Litigation We are involved in a number of claims and lawsuits incident to the operation of our businesses. Insurance coverages are maintained and estimated costs are recorded for such claims and lawsuits, including costs to settle claims and lawsuits, based on experience involving similar matters and specific facts known. Some of these claims and lawsuits allege personal injury or health problems resulting from exposure to asbestos that was integrated into certain of our products. We have never manufactured asbestos and have not incorporated asbestos-containing components into our products for several decades. A substantial majority of asbestos-related claims have been covered by insurance or other forms of indemnity or have been dismissed without payment. The remainder of our closed cases have been resolved for amounts that are not material, individually or in the aggregate. Our defense costs for asbestos-related claims are generally covered by insurance; however, our insurance coverage for settlements and judgments for asbestos-related claims vary depending on several factors, and are subject to policy limits, so we may have greater financial exposure for future settlements and judgments. For the years ended December 31, 2016 , 2015 and 2014, we recorded expense of $6.3 million , $3.0 million and $0.9 million , respectively, net of probable insurance recoveries, for known and future asbestos-related litigation. In October 2016, we self-reported to the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) an alleged payment in the amount of 30,000 rubles (approximately US $475) to a Russian customs broker or official. Under the oversight of our Audit Committee, we initiated an investigation into this matter with the assistance of external legal counsel and external forensic accountants. The alleged payment was purportedly made to release a shipment of goods being held by Russian customs officials due to inaccurate paperwork. The value of the shipment was approximately €62,000 (approximately US $68,500). The allegations are related to our subsidiary in Russia, which had 2016 annual sales of approximately US $4 million. The scope of the investigation was later expanded to include our operations in Poland because our operations in Russia and Poland used the same third-party logistics provider. To date, the investigation has not resulted in any evidence of other potentially improper payments. However, the investigation has raised questions regarding possible irregularities with respect to possible non-compliance with customs documents and procedures related to these operations. The investigation is ongoing. We continue to fully cooperate with the SEC and the DOJ regarding this matter. We do not anticipate any material adverse effect on our business or financial condition as a result of this matter. It is management's opinion that none of these claims or lawsuits or any threatened litigation will have a material adverse effect, individually or in the aggregate, on our financial condition, results of operations or cash flows. Claims and lawsuits, however, involve uncertainties and it is possible that their eventual outcome could adversely affect our results of operations in a future period.

Lines of Credit and Financing A

Lines of Credit and Financing Arrangements	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Lines of Credit and Financing Arrangements	Lines of Credit and Financing Arrangements: The following tables summarize our outstanding debt obligations and the classification in the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Short-Term Debt: Asset Securitization Program $ 50.0 $ 200.0 Foreign obligations 2.4 4.1 Total short-term debt $ 52.4 $ 204.1 Current maturities of long-term debt: Capital lease obligations $ 0.8 $ 1.2 Domestic credit facility — 30.0 Senior unsecured notes 200.0 — Debt issuance costs (0.7 ) (0.2 ) Total current maturities of long-term debt $ 200.1 $ 31.0 Long-Term Debt: Capital lease obligations $ 15.0 $ 15.6 Domestic credit facility 256.0 293.0 Senior unsecured notes 350.0 200.0 Debt issuance costs (5.3 ) (2.6 ) Total long-term debt $ 615.7 $ 506.0 Total debt $ 868.2 $ 741.1 As of December 31, 2016 , the aggregate amounts of required principal payments on total debt were as follows (in millions): 2017 $ 253.2 2018 33.3 2019 30.0 2020 30.0 2021 166.0 Thereafter 361.7 In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. The amendments in this ASU require 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. We adopted this guidance in the first quarter of 2016 and have reclassified the unamortized debt issuance costs into the debt liability as shown in the table above. Short-Term Debt Foreign Obligations Through several of our foreign subsidiaries, we have available to us facilities to assist in financing seasonal borrowing needs for our foreign locations. We had $2.4 million and $4.1 million of foreign obligations as of December 31, 2016 and 2015 , respectively, that were primarily borrowings under non-committed facilities. Proceeds on these facilities were $28.4 million , $79.0 million and $85.3 million during the years ended December 31, 2016, 2015 and 2014, respectively. Repayments on the facilities were $30.8 million , $85.4 million and $87.8 million during the years ended December 31, 2016, 2015 and 2014, respectively. Asset Securitization Program Under the Asset Securitization Program (“ASP”), we are eligible to sell beneficial interests in a portion of our trade accounts receivable to participating financial institutions for cash. The ASP contains a provision whereby we retain the right to repurchase all of the outstanding beneficial interests transferred. Our continued involvement with the transferred assets includes servicing, collection and administration of the transferred beneficial interests. The accounts receivable securitized under the ASP are high-quality domestic customer accounts that have not aged significantly. The receivables represented by the retained interest that we service are exposed to the risk of loss for any uncollectible amounts in the pool of receivables sold under the ASP. The fair values assigned to the retained and transferred interests are based on the sold accounts receivable carrying value given the short term to maturity and low credit risk. The sale of the beneficial interests in our trade accounts receivable are reflected as secured borrowings in the accompanying Consolidated Balance Sheets and proceeds received are included in cash flows from financing activities in the accompanying Consolidated Statements of Cash Flows. Prior to the amendment in July 2016, the ASP provided for a maximum securitization amount ranging from $180.0 million to $220.0 million , depending on the period. The ASP was amended effective as of July 5, 2016 to increase the maximum securitization range from $200.0 million to $325.0 million , depending on the period. The maximum capacity under the ASP is the lesser of the maximum securitization amount or 100% of the net pool balance less allowances, as defined by the ASP. Eligibility for securitization is limited based on the amount and quality of the qualifying accounts receivable and is calculated monthly. The eligible amounts available and beneficial interests sold were as follows (in millions): As of December 31, 2016 2015 Eligible amount available under the ASP on qualified accounts receivable $ 250.0 $ 220.0 Beneficial interest sold 50.0 200.0 Remaining amount available $ 200.0 $ 20.0 We pay certain discount fees to use the ASP and to have the facility available to us. These fees relate to both the used and unused portions of the securitization. The used fee is based on the beneficial interest sold and calculated on either the average LIBOR rate or floating commercial paper rate determined by the purchaser of the beneficial interest, plus a program fee of 0.65% . The average rates as of December 31, 2016 and 2015 were 1.66% and 1.06% , respectively. The unused fee is based on 102% of the maximum available amount less the beneficial interest sold and calculated at a 0.33% fixed rate throughout the term of the agreement. In addition, a 0.05% unused fee is charged on incremental available amounts above $200 million during certain months of the year. We recorded these fees in Interest expense, net in the accompanying Consolidated Statements of Operations. The ASP contains certain restrictive covenants relating to the quality of our accounts receivable and cross-default provisions with our Sixth Amended and Restated Credit Facility Agreement ("Domestic Credit Facility"), senior unsecured notes and any other indebtedness we may have over $75.0 million . The administrative agent under the ASP is also a participant in our Domestic Credit Facility. The participating financial institutions have investment grade credit ratings. We continue to evaluate their credit ratings and have no reason to believe they will not perform under the ASP. As of December 31, 2016 , we believe we were in compliance with all covenant requirements. Long-Term Debt Domestic Credit Facility On August 30, 2016, we replaced an earlier $950.0 million credit facility with a $ 900.0 million Credit Facility (the "Domestic Credit Facility"), which consisted of a $ 650.0 million unsecured revolving credit facility and a $250.0 million unsecured term loan and matures in August 2021 (the "Maturity Date"). Under our Domestic Credit Facility, we had outstanding borrowings of $256.0 million , of which $220.0 million was the term loan balance, as well as $4.4 million committed to standby letters of credit as of December 31, 2016 . Subject to covenant limitations, $609.6 million was available for future borrowings. The unsecured term loan also matures on the Maturity Date and requires quarterly principal repayments of $7.5 million beginning in March 2017; however, we made $30.0 million of required principal repayments for 2017 in November 2016. The revolving credit facility allows up to $100.0 million of letters of credit to be issued and also includes a subfacility for swingline loans of up to $65.0 million . Additionally, at our request and subject to certain conditions, the commitments under the Domestic Credit Facility may be increased by a maximum of $350.0 million as long as existing or new lenders agree to provide such additional commitments. Our weighted average borrowing rate on the facility was as follows: As of December 31, 2016 2015 Weighted average borrowing rate 2.00 % 1.90 % Our Domestic Credit Facility is guaranteed by certain of our subsidiaries and contains financial covenants relating to leverage and interest coverage. Other covenants contained in the Domestic Credit Facility restrict, among other things, certain mergers, asset dispositions, guarantees, debt, liens, and affiliate transactions. The financial covenants require us to maintain a defined Consolidated Indebtedness to Adjusted EBITDA Ratio and a Cash Flow (defined as EBITDA minus capital expenditures) to Net Interest Expense Ratio. The required ratios under our Domestic Credit Facility are detailed below: Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than 3.5 : 1.0 Cash Flow to Net Interest Expense Ratio no less than 3.0 : 1.0 Our Domestic Credit Facility contains customary events of default. These events of default include nonpayment of principal or other amounts, material inaccuracy of representations and warranties, breach of covenants or other restrictions or requirements, default on certain other indebtedness or receivables securitizations (cross default), certain voluntary and involuntary bankruptcy events and the occurrence of a change in control. A cross default under our Domestic Credit Facility could occur if: • We fail to pay any principal or interest when due on any other indebtedness or receivables securitization of at least $75.0 million ; or • We are in default in the performance of, or compliance with any term of any other indebtedness or receivables securitization in an aggregate principal amount of at least $75.0 million or any other condition exists which would give the holders the right to declare such indebtedness due and payable prior to its stated maturity. Each of our major debt agreements contains provisions by which a default under one agreement causes a default in the others (a cross default). If a cross default under the Domestic Credit Facility, our senior unsecured notes, our lease of our corporate headquarters in Richardson, Texas (recorded as an operating lease), or our ASP were to occur, it could have a wider impact on our liquidity than might otherwise occur from a default of a single debt instrument or lease commitment. If any event of default occurs and is continuing, lenders with a majority of the aggregate commitments may require the administrative agent to terminate our right to borrow under our Domestic Credit Facility and accelerate amounts due under our Domestic Credit Facility (except for a bankruptcy event of default, in which case such amounts will automatically become due and payable and the lenders’ commitments will automatically terminate). As of December 31, 2016 , we believe we were in compliance with all covenant requirements. Senior Unsecured Notes We issued $350.0 million of senior unsecured notes in November 2016 (the "2016 Notes") which will mature on November 15, 2023 with interest being paid on May 15 and November 15 at 3.00% per annum semiannually. We also have $200.0 million of senior unsecured notes issued in 2010 (the "2010 Notes") which will mature on May 15, 2017 with interest being paid at 4.90% per annum semiannually. Both Notes are guaranteed, on a senior unsecured basis, by each of our domestic subsidiaries that guarantee payment by us of any indebtedness under our Domestic Credit Facility. The indenture governing the Notes contains covenants that, among other things, limit our ability and the ability of the subsidiary guarantors to: create or incur certain liens; enter into certain sale and leaseback transactions; enter into certain mergers, consolidations and transfers of substantially all of our assets; and, in the case of the 2010 Notes, transfer certain properties. The indenture also contains a cross default provision which is triggered if we default on other debt of at least $75 million in principal which is then accelerated, and such acceleration is not rescinded within 30 days of the notice date. As of December 31, 2016 , we believe we were in compliance with all covenant requirements.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans: Over the past several years, we have frozen many of our defined benefit pension and profit sharing plans and replaced them with defined contribution plans. We have a liability for the benefits earned under these inactive plans prior to the date the benefits were frozen. Our defined contribution plans generally include both company and employee contributions which are based on predetermined percentages of compensation earned by the employee. We also have several active defined benefit plans that provide benefits based on years of service. In addition to freezing the benefits of our defined benefit pension plans, we have also eliminated nearly all of our post-retirement medical benefits. In 2012, we amended the post-retirement benefit plan to shift pre-65 medical coverage for the employees of our largest manufacturing plant so that by 2016, retirees would pay 100% of the cost of post-retirement medical coverage. This change resulted in a significant reduction in the projected benefit obligation for post-retirement medical benefits in 2012. Effective for fiscal year 2016, we adopted the full yield curve approach for estimating the service cost and interest cost components of expense for plans that use a yield curve to determine the discount rate. The new method applies the specific spot rates along the yield curve used in the most recent measurement of the benefit obligation, resulting in a more precise estimate of expense. The impact for fiscal year 2016 was a decrease in expense of approximately $3.2 million . In 2016, we offered certain former employees with vested pension benefits a lump sum payout in an effort to reduce our long-term pension obligations. As a result, for 2016, the net periodic benefit cost for our pension plans includes a non-cash settlement charge of $31.4 million and the projected benefit obligation decreased by $50.6 million. Defined Contribution Plans We recorded the following expenses related to our contributions to the defined contribution plans (in millions): For the Years Ended December 31, 2016 2015 2014 Contributions to defined contribution plans $ 16.3 $ 16.1 $ 14.8 Pension and Post-retirement Benefit Plans The following tables set forth amounts recognized in our financial statements and the plans' funded status for our pension and post-retirement benefit plans (dollars in millions): Pension Benefits Other Benefits 2016 2015 2016 2015 Accumulated benefit obligation $ 374.1 $ 409.2 N/A N/A Changes in projected benefit obligation: Benefit obligation at beginning of year $ 415.4 $ 446.5 $ 4.9 $ 5.4 Service cost 4.4 4.8 — — Interest cost 15.3 17.2 0.1 0.2 Plan participants' contributions — — 0.3 0.5 Amendments 0.1 0.1 — — Other — — — — Actuarial (gain) loss 22.8 (29.6 ) (0.7 ) 0.1 Effect of exchange rates (3.8 ) (5.2 ) — — Divestiture — — — — Settlements and curtailments (50.6 ) (0.8 ) — — Benefits paid (22.0 ) (17.6 ) (1.3 ) (1.3 ) Benefit obligation at end of year $ 381.6 $ 415.4 $ 3.3 $ 4.9 Changes in plan assets: Fair value of plan assets at beginning of year $ 293.0 $ 315.0 $ — $ — Actual gain (loss) return on plan assets 21.0 (3.2 ) — — Employer contribution 53.9 3.8 1.0 0.8 Plan participants' contributions — — 0.3 0.5 Effect of exchange rates (2.8 ) (4.2 ) — — Divestiture — — — — Plan settlements (50.6 ) (0.8 ) — — Benefits paid (22.0 ) (17.6 ) (1.3 ) (1.3 ) Fair value of plan assets at end of year 292.5 293.0 — — Funded status / net amount recognized $ (89.1 ) $ (122.4 ) $ (3.3 ) $ (4.9 ) Net amount recognized consists of: Current liability $ (1.6 ) $ (1.6 ) $ (0.5 ) $ (0.8 ) Non-current liability (87.5 ) (120.8 ) (2.8 ) (4.1 ) Net amount recognized $ (89.1 ) $ (122.4 ) $ (3.3 ) $ (4.9 ) For the Years Ended December 31, 2016 2015 Pension plans with a benefit obligation in excess of plan assets: Projected benefit obligation $ 370.2 $ 404.5 Accumulated benefit obligation 362.9 398.4 Fair value of plan assets 280.8 281.8 Our U.S.-based pension plans comprised approximately 88% of the projected benefit obligation and 88% of plan assets as of December 31, 2016 . Pension Benefits Other Benefits 2016 2015 2014 2016 2015 2014 Components of net periodic benefit cost as of December 31: Service cost $ 4.4 $ 4.8 $ 4.2 $ — $ — $ — Interest cost 15.3 17.2 17.7 0.1 0.2 0.2 Expected return on plan assets (21.5 ) (21.4 ) (22.7 ) — — — Amortization of prior service cost 0.3 0.2 0.3 (3.0 ) (3.1 ) (3.1 ) Recognized actuarial loss 7.6 9.5 6.6 1.4 1.5 1.5 Settlements and curtailments (1) 31.6 0.4 0.4 — — — Net periodic benefit cost (2) $ 37.7 $ 10.7 $ 6.5 $ (1.5 ) $ (1.4 ) $ (1.4 ) (1) The Consolidated Statements of Operations discloses $31.4 million related to pension settlement charges that represent the lump-sum payments made in the fourth quarter of 2016. (2) No pension expense was included in Loss from discontinued operations in 2014, 2015 or 2016 . The following table sets forth amounts recognized in AOCI and Other comprehensive income (loss) in our financial statements for 2016 and 2015 (in millions): Pension Benefits Other Benefits 2016 2015 2016 2015 Amounts recognized in AOCI: Prior service costs $ (0.9 ) $ (1.2 ) $ 12.0 $ 15.0 Actuarial loss (197.3 ) (214.7 ) (16.3 ) (18.4 ) Subtotal (198.2 ) (215.9 ) (4.3 ) (3.4 ) Deferred taxes 71.0 78.7 1.6 1.3 Net amount recognized $ (127.2 ) $ (137.2 ) $ (2.7 ) $ (2.1 ) Changes recognized in other comprehensive income (loss): Current year prior service costs 0.1 0.1 — — Current year actuarial (gain) loss 23.3 (5.0 ) (0.7 ) 0.1 Effect of exchange rates (1.5 ) (2.2 ) — — Amortization of prior service (costs) credits (0.3 ) (0.3 ) 3.1 3.1 Amortization of actuarial loss (39.2 ) (9.9 ) (1.4 ) (1.5 ) Total recognized in other comprehensive income (loss) $ (17.6 ) $ (17.3 ) $ 1.0 $ 1.7 Total recognized in net periodic benefit cost and other comprehensive income (loss) $ 20.1 $ (6.6 ) $ (0.5 ) $ 0.3 The estimated prior service (costs) credits and actuarial losses that will be amortized from AOCI in 2016 are $(0.2) million and (8.9) million , respectively, for pension benefits and $2.4 million and $(1.4) million , respectively, for other benefits. The following tables set forth the weighted-average assumptions used to determine Benefit obligations and Net periodic benefit cost for the U.S.-based plans in 2016 and 2015 : Pension Benefits Other Benefits 2016 2015 2016 2015 Weighted-average assumptions used to determine benefit obligations as of December 31: Discount rate 4.17 % 4.51 % 3.50 % 3.55 % Rate of compensation increase 4.23 % 4.23 % — — Pension Benefits Other Benefits 2016 2015 2014 2016 2015 2014 Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31: Discount rate - service cost 4.30 % 3.97 % 4.88 % 4.95 % 3.23 % 3.57 % Discount rate - interest cost 3.76 % 3.97 % 4.88 % 2.49 % 3.23 % 3.57 % Expected long-term return on plan assets 7.50 % 7.50 % 8.00 % — — — Rate of compensation increase 4.23 % 4.23 % 4.23 % — — — The following tables set forth the weighted-average assumptions used to determine Benefit Obligations and Net Periodic Benefit Cost for the non-U.S.-based plans in 2016 and 2015 : Pension Benefits 2016 2015 Weighted-average assumptions used to determine benefit obligations as of December 31: Discount rate 2.83 % 3.59 % Rate of compensation increase 3.78 % 3.70 % Pension Benefits 2016 2015 2014 Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31: Discount rate - service cost 2.04 % 4.12 % 4.38 % Discount rate - interest cost 3.45 % 4.12 % 4.38 % Expected long-term return on plan assets 4.87 % 5.22 % 6.32 % Rate of compensation increase 3.70 % 3.48 % 3.31 % To develop the expected long-term rate of return on assets assumption for the U.S. plans, we considered the historical returns and the future expectations for returns for each asset category, as well as the target asset allocation of the pension portfolio and the effect of periodic balancing. These results were adjusted for the payment of reasonable expenses of the plan from plan assets. This resulted in the selection of the 7.5% long-term rate of return on assets assumption. A similar process was followed for the non-U.S.-based plans. To select a discount rate for the purpose of valuing the plan obligations for the U.S. plans, we performed an analysis in which the projected cash flows from defined benefit and retiree healthcare plans was matched with a yield curve based on the appropriate universe of high-quality corporate bonds that were available. We used the results of the yield curve analysis to select the discount rate for each plan. The analysis was completed separately for each U.S. pension and post-retirement benefit plan. A similar process was followed for the non-U.S.-based plans. Assumed health care cost trend rates have an effect on the amounts reported for our healthcare plan. The following table sets forth the healthcare trend rate assumptions used: 2016 2015 Assumed health care cost trend rates as of December 31: Health care cost trend rate assumed for next year 6.50 % 7.00 % Rate to which the cost rate is assumed to decline (the ultimate trend rate) 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate 2020 2020 A one percentage-point change in assumed healthcare cost trend rates would have the following effects (in millions): 1-Percentage-Point Increase 1-Percentage-Point Decrease Effect on total of service and interest cost $ — $ — Effect on the post-retirement benefit obligation 0.1 (0.1 ) Expected future benefit payments are shown in the table below (in millions): For the Years Ended December 31, 2017 2018 2019 2020 2021 2022-2026 Pension benefits $ 18.7 $ 18.9 $ 19.2 $ 19.6 $ 24.9 $ 135.1 Other benefits 0.6 0.5 0.4 0.4 0.3 1.1 Pension Plan Assets We believe asset returns can be optimized at an acceptable level of risk by adequately diversifying the plan assets between equity and fixed income. In the first quarter of 2014, in order to increase diversification, we changed the targeted allocations for our plan assets. The target allocations for fixed income, money market, cash and guaranteed investment contracts investments remained unchanged at 58% , targeted equity investment allocations remained unchanged at 42% . Our targeted exposure to International equity remained unchanged at 17% of total assets and our exposure to domestic equity remained unchanged at 25% . These categories are further diversified among various asset classes including high yield and emerging markets debt, and international and emerging markets equities in order to avoid significant concentrations of risk. Our U.S. pension plan represents 88% , our Canadian pension plan 6% , and our United Kingdom (“U.K.”) pension plan 6% of the total fair value of our plan assets as of December 31, 2016 . Our U.S. pension plans' weighted-average asset allocations as of December 31, 2016 and 2015 , by asset category, are as follows: Plan Assets as of December 31, Asset Category: 2016 2015 U.S. equity 27.0 % 27.1 % International equity 18.5 % 17.7 % Fixed income 52.5 % 53.8 % Money market/cash 2.0 % 1.4 % Total 100.0 % 100.0 % U.S. pension plan assets are invested according to the following targets: Asset Category: Target U.S. equity 25.0 % International equity 17.0 % Fixed income 56.0 % Money market/cash 2.0 % Our Canadian pension plans were invested approximately 70% in Canadian bonds and 30% in international equities. Our U.K. pension plan was invested in a broad mix of assets consisting of U.K., international equities, and U.K. fixed income securities, including corporate and government bonds. The fair values of our pension plan assets, by asset category, are as follows (in millions): Fair Value Measurements as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Asset Category: Cash and cash equivalents 5.3 — — 5.3 Commingled pools / Collective Trusts: U.S. equity (1) — 69.5 — 69.5 International equity (2) — 47.6 — 47.6 Fixed income (3) — 134.9 — 134.9 Balanced pension trust: (4) International equity — 4.7 — 4.7 Fixed income — 11.9 — 11.9 Pension fund: International equity (5) — 13.5 — 13.5 Fixed income (6) — 5.1 — 5.1 Total 5.3 287.2 — 292.5 Fair Value Measurements as of December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Asset Category: Cash and cash equivalents 3.8 — — 3.8 Commingled pools / Collective Trusts: U.S. equity (1) — 69.7 — 69.7 International equity (2) — 45.5 — 45.5 Fixed income (3) — 138.1 — 138.1 Balanced pension trust: (4) International equity — 4.7 — 4.7 Fixed income — 12.1 — 12.1 Pension fund: International equity (5) — 11.0 — 11.0 Fixed income (6) — 8.1 — 8.1 Total 3.8 289.2 — 293.0 Additional information about assets measured at Net Asset Value (“NAV”) per share (in millions): As of December 31, 2016 Fair Value Redemption Frequency (if currently eligible) Redemption Notice Period Asset Category: Commingled pools / Collective Trusts: U.S. equity (1) $ 69.5 Daily 5 days International equity (2) 47.6 Daily 5 days Fixed income (3) 134.9 Daily 5-15 days Balanced pension trust: (4) International equity 4.7 Daily 3-5 days Fixed income 11.9 Daily 3-5 days Pension fund: International equity (5) 13.5 Daily 1-7 days Fixed income (6) 5.1 Daily 1-7 days Total $ 287.2 As of December 31, 2015 Fair Value Redemption Frequency (if currently eligible) Redemption Notice Period Asset Category: Commingled pools / Collective Trusts: U.S. equity (1) $ 69.7 Daily 5 days International equity (2) 45.5 Daily 5 days Fixed income (3) 138.1 Daily 5-15 days Balanced pension trust: (4) International equity 4.7 Daily 3-5 days Fixed income 12.1 Daily 3-5 days Pension fund: International equity (5) 11.0 Daily 1-7 days Fixed income (6) 8.1 Daily 1-7 days Total $ 289.2 (1) This category includes investments primarily in U.S. equity securities that include large, mid and small capitalization companies. (2) This category includes investments primarily in international equity securities that include large, mid and small capitalization companies in large developed markets as well as emerging markets equities. (3) This category includes investments in U.S. investment grade and high yield fixed income securities, international fixed income securities and emerging markets fixed income securities. (4) The investment objectives of the fund are to provide long-term capital growth and income by investing primarily in a well-diversified, balanced portfolio of Canadian common stocks, bonds and money market securities. The fund also holds a portion of its assets in international equities. (5) This category includes investments in international equity securities and aims to provide returns consistent with the markets in which it invests and provide broad exposure to countries around the world. (6) This category includes investments in U.K. government index-linked securities (index-linked gilts) that have maturity periods of 5 years or longer and investment grade corporate bonds denominated in sterling. The majority of our commingled pool/collective trusts, mutual funds, balanced pension trusts and pension funds are managed by professional investment advisors. The NAVs per share are furnished in monthly and/or quarterly statements received from the investment advisors and reflect valuations based upon their pricing policies. We assessed the fair value classification of these investments as Level 2 for commingled pool/collective trusts, balanced pension trusts and pension funds based on an examination of their pricing policies and the related controls and procedures. The fair values we report are based on the pool, trust or fund's NAV per share. The NAVs per share are calculated periodically (daily or no less than one time per month) as the aggregate value of each pool or trust's underlying assets divided by the number of units owned. See Note 19 for information about our fair value hierarchies and valuation techniques.

Comprehensive Income

Comprehensive Income	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Comprehensive Income	Comprehensive Income: The following table provides information on items not reclassified in their entirety from AOCI to Net Income in the accompanying Consolidated Statements of Operations (in millions): For the Years Ended December 31, AOCI Component 2016 2015 Affected Line Item(s) in the Consolidated Statements of Operations Losses on cash flow hedges: Commodity derivative contracts $ (12.3 ) $ (12.5 ) Cost of goods sold Income tax benefit 4.3 4.4 Provision for income taxes Net of tax $ (8.0 ) $ (8.1 ) Defined Benefit Plan Items: Pension and Post-Retirement Benefits costs $ (6.3 ) $ (9.7 ) Cost of goods sold; Selling, general and administrative expenses Income tax benefit 2.2 3.4 Provision for income taxes Net of tax $ (4.1 ) $ (6.3 ) Total reclassifications from AOCI $ (12.1 ) $ (14.4 ) The following tables provide information on changes in AOCI, by component (net of tax), for the years ended December 31, 2016 and 2015 (in millions): Gains (Losses) on Cash Flow Hedges Unrealized Gains (Losses) on Available-for-Sale Securities Defined Benefit Plan Items Foreign Currency Translation Adjustments Total AOCI Balance as of December 31, 2015 $ (8.4 ) $ 4.4 $ (139.3 ) $ (61.4 ) $ (204.7 ) Other comprehensive income (loss) before reclassifications 6.0 (2.1 ) 5.2 (11.6 ) (2.5 ) Amounts reclassified from AOCI 8.0 — 4.1 — 12.1 Net other comprehensive income (loss) 14.0 (2.1 ) 9.3 (11.6 ) 9.6 Balance as of December 31, 2016 $ 5.6 $ 2.3 $ (130.0 ) $ (73.0 ) $ (195.1 ) Gains (Losses) on Cash Flow Hedges Unrealized Gains (Losses) on Available-for-Sale Securities Defined Benefit Plan Items Foreign Currency Translation Adjustments Total AOCI Balance as of December 31, 2014 $ (4.6 ) $ 3.2 $ (149.4 ) $ (2.7 ) $ (153.5 ) Other comprehensive income (loss) before reclassifications (11.9 ) 1.2 3.8 (58.7 ) (65.6 ) Amounts reclassified from AOCI 8.1 — 6.3 — 14.4 Net other comprehensive income (loss) (3.8 ) 1.2 10.1 (58.7 ) (51.2 ) Balance as of December 31, 2015 $ (8.4 ) $ 4.4 $ (139.3 ) $ (61.4 ) $ (204.7 )

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation: Stock-based compensation expense related to continuing operations was included in Selling, general and administrative expenses in the accompanying Consolidated Statements of Operations as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Compensation expense (1) $ 31.7 $ 26.6 $ 23.3 (1) Stock-based compensation expense was recorded in our Corporate and other business segment. Incentive Plan Under the Lennox International Inc. 2010 Incentive Plan, as amended and restated (the “2010 Incentive Plan”), we are authorized to issue awards for 24.3 million shares of common stock. The 2010 Incentive Plan provides for various long-term incentive awards, including performance share units, restricted stock units and stock appreciation rights. A description of these long-term incentive awards and related activity within each award category is provided below. As of December 31, 2016 , awards for 16.9 million shares of common stock had been granted, net of cancellations and repurchases, and there were 3.6 million shares available for future issuance. Performance Share Units Performance share units are granted to certain employees at the discretion of the Board of Directors with a three -year performance period beginning January 1 st of each year. Upon meeting the performance and vesting criteria, performance share units are converted to an equal number of shares of our common stock. Performance share units vest if, at the end of the three-year performance period, at least the threshold performance level has been attained. To the extent that the payout level attained is less than 100% , the difference between 100% and the units earned and distributed will be forfeited. Eligible participants may also earn additional units of our common stock, which would increase the potential payout up to 200% of the units granted, depending on LII's performance over the three-year performance period. Performance share units are classified as equity awards. Compensation expense is recognized on an earnings curve over the period and is based on the expected number of units to be earned and the fair value of the stock at the date of grant. The fair value of units is calculated as the average of the high and low market price of the stock on the date of grant discounted by the expected dividend rate over the service period. The number of units expected to be earned will be adjusted in future periods as necessary to reflect changes in the estimated number of award to be issued and, upon vesting, the actual number of units awarded. Our practice is to issue new shares of common stock or utilize treasury stock to satisfy performance share unit distributions. The following table provides information on our performance share units: For the Years Ended December 31, 2016 2015 2014 Compensation expense for performance share units (in millions) $ 18.1 $ 13.6 $ 11.5 Weighted-average fair value of grants, per share $ 150.21 $ 126.31 $ 88.26 Payout ratio for shares paid 200.0 % 200.0 % 153.2 % A summary of the status of our undistributed performance share units as of December 31, 2016 , and changes during the year then ended, is presented below (in millions, except per share data): Shares (2) Weighted- Average Grant Date Fair Value per Share Undistributed performance share units as of December 31, 2015 0.6 $ 67.91 Granted 0.1 150.21 Adjustment to share paid based on payout ratio 0.1 81.11 Distributed (0.3 ) 51.11 Forfeited — — Undistributed performance share units as of December 31, 2016 (1) 0.4 $ 101.03 (1) Undistributed performance share units include approximately 0.2 million units with a weighted-average grant date fair value of $117.60 per share that had not yet vested and 0.2 million units that have vested but were not yet distributed. (2) Share amounts are rounded but the balance of undistributed performance share units as of December 31, 2016 accurately reflects actual units undistributed. As of December 31, 2016 , we had $22.5 million of total unrecognized compensation cost related to non-vested performance share units that is expected to be recognized over a weighted-average period of 2.2 years . Our estimated forfeiture rate for these performance share units was 9.9% as of December 31, 2016 . The total fair value of performance share units distributed and the resulting tax deductions to realize tax benefits were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Fair value of performance share units distributed $ 39.4 $ 44.9 $ 19.6 Realized tax benefits from tax deductions $ 15.0 $ 17.1 $ 7.5 Restricted Stock Units Restricted stock units are issued to attract and retain key employees. Generally, at the end of a three -year retention period, the units will vest and be distributed in shares of our common stock to the participant. Our practice is to issue new shares of common stock or utilize treasury stock to satisfy restricted stock unit vestings. Restricted stock units are classified as equity awards. The fair value of units granted is the average of the high and low market price of the stock on the date of grant discounted by the expected dividend rate over the service period. Units are amortized to compensation expense ratably over the service period. The following table provides information on our restricted stock units (in millions, except per share data): For the Years Ended December 31, 2016 2015 2014 Compensation expense for restricted stock units $ 9.0 $ 8.3 $ 7.0 Weighted-average fair value of grants, per share $ 150.14 $ 126.15 $ 88.26 A summary of our non-vested restricted stock units as of December 31, 2016 and changes during the year then ended is presented below (in millions, except per share data): Shares Weighted- Average Grant Date Fair Value per Share Non-vested restricted stock units as of December 31, 2015 0.3 $ 94.23 Granted 0.1 150.14 Distributed (0.1 ) 80.40 Forfeited — — Non-vested restricted stock units as of December 31, 2016 0.3 $ 118.38 As of December 31, 2016 , we had $17.7 million of total unrecognized compensation cost related to non-vested restricted stock units that is expected to be recognized over a weighted-average period of 2.4 years . Our estimated forfeiture rate for restricted stock units was 14.4% as of December 31, 2016 . The total fair value of restricted stock units vested and the resulting tax deductions to realize tax benefits were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Fair value of restricted stock units vested $ 17.0 $ 19.7 $ 19.5 Realized tax benefits from tax deductions 6.5 7.5 7.4 Stock Appreciation Rights Stock appreciation rights are issued to certain key employees. Each recipient is given the “right” to receive a value, paid in shares of our common stock, equal to the future appreciation of our common stock price. Stock appreciation rights generally vest in one-third increments beginning on the first anniversary date after the grant date and expire after seven years. Our practice is to issue new shares of common stock or utilize treasury stock to satisfy the exercise of stock appreciation rights. The following table provides information on our stock appreciation rights (in millions, except per share data): For the Years Ended December 31, 2016 2015 2014 Compensation expense for stock appreciation rights $ 4.6 $ 4.7 $ 4.8 Weighted-average fair value of grants, per share 22.93 22.74 19.55 Compensation expense for stock appreciation rights is based on the fair value on the date of grant, estimated using the Black-Scholes-Merton valuation model, and is recognized over the service period. We used historical stock price data to estimate the expected volatility. We determined that the recipients of stock appreciation rights can be combined into one employee group that has similar historical exercise behavior and we used our historical pattern of award exercises to estimate the expected life of the awards for the employee group. The risk-free interest rate was based on the zero-coupon U.S. Treasury yield curve with a maturity equal to the expected life of the awards at the time of grant. The fair value of the stock appreciation rights granted in 2016 , 2015 and 2014 were estimated on the date of grant using the following assumptions: 2016 2015 2014 Expected dividend yield 1.62 % 1.61 % 1.75 % Risk-free interest rate 1.66 % 1.36 % 1.27 % Expected volatility 19.60 % 23.78 % 29.60 % Expected life (in years) 3.99 4.00 4.04 A summary of our stock appreciation rights as of December 31, 2016 , and changes during the year then ended, is presented below (in millions, except per share data): Shares Weighted-Average Exercise Price per Share Outstanding stock appreciation rights as of December 31, 2015 1.3 $ 72.54 Granted 0.2 156.94 Exercised (0.4 ) 47.34 Forfeited — — Outstanding stock appreciation rights as of December 31, 2016 1.1 $ 98.35 Exercisable stock appreciation rights as of December 31, 2016 0.7 $ 72.17 The following table summarizes information about stock appreciation rights outstanding as of December 31, 2016 (in millions, except per share data and years): Stock Appreciation Rights Outstanding Stock Appreciation Rights Exercisable Range of Exercise Prices Shares Weighted-Average Remaining Contractual Term (in years) Aggregate Intrinsic Value Shares Weighted-Average Remaining Contractual Life (in years) Aggregate Intrinsic Value $34.06 to $51.40 0.3 2.44 $ 34.3 0.3 2.44 $ 34.3 $81.11 to $92.64 0.4 4.54 $ 25.2 0.3 4.44 $ 21.0 $124.97 to $156.94 0.4 6.55 $ 4.3 0.1 5.93 $ 1.4 As of December 31, 2016 , we had $9.0 million of unrecognized compensation cost related to non-vested stock appreciation rights that is expected to be recognized over a weighted-average period of 2.37 years. Our estimated forfeiture rate for stock appreciation rights was 13.1% as of December 31, 2016 . The total intrinsic value of stock appreciation rights exercised and the resulting tax deductions to realize tax benefits were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Intrinsic value of stock appreciation rights exercised $ 36.9 $ 27.3 $ 27.3 Realized tax benefits from tax deductions $ 14.1 $ 10.4 $ 10.4 Employee Stock Purchase Plan Under the 2012 Employee Stock Purchase Plan (“ESPP”), all employees who meet certain service requirements are eligible to purchase our common stock through payroll deductions at the end of three month offering periods. The purchase price for such shares is 95% of the fair market value of the stock on the last day of the offering period. A maximum of 2.5 million shares is authorized for purchase until the ESPP plan termination date of May 10, 2022, unless terminated earlier at the discretion of the Board of Directors. Employees purchased approximately 17,000 shares under the ESPP during the year ended December 31, 2016 . Approximately 2.4 million shares remain available for purchase under the ESPP as of December 31, 2016 .

Stock Repurchases

Stock Repurchases	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Stock Repurchases	Stock Repurchases: Our Board of Directors has authorized a total of $2 billion towards the repurchase of shares of our common stock (collectively referred to as the "Share Repurchase Plans"), including a $550 million share repurchase authorization in 2016. The Share Repurchase Plans authorize open market repurchase transactions and do not have a stated expiration date. As of December 31, 2016 , $646.0 million of shares may still be repurchased under the Share Repurchase Plans. On February 10, 2016, the Company entered into a Fixed Dollar Accelerated Share Repurchase Transaction (the “First ASR Agreement”) with Merrill Lynch International (“Merrill Lynch”), acting through its agent, Merrill Lynch, Pierce, Fenner and Smith Incorporated to effect an accelerated stock buyback of the Company’s common stock (the “Common Stock”). Under the First ASR Agreement, on February 10, 2016, the Company paid Merrill Lynch an initial purchase price of $ 200.0 million , and Merrill Lynch delivered to the Company a total of 1.3 million shares of Common Stock, representing approximately 75% of the shares expected to be purchased under the ASR Agreement. The First ASR Agreement was completed in the third quarter and Merrill Lynch delivered an additional 0.2 million shares of Common Stock to the Company . On August 1, 2016, the Company entered into another Fixed Dollar ASR Agreement (the "Second ASR Agreement) with Wells Fargo to effect an accelerated stock buyback of Common Stock. Under the Second ASR Agreement, on August 1, 2016, the Company paid Wells Fargo an initial purchase price of $ 100.0 million , and Wells Fargo delivered to the Company a total of 0.5 million shares of Common Stock, representing approximately 75% of the shares expected to be purchased under the Second ASR Agreement. The Second ASR Agreement was completed in the fourth quarter and Wells Fargo delivered an additional 0.2 million shares of Common Stock to the Company . We also repurchased 0.2 million shares for $33.3 million and 0.3 million shares for $32.0 million for the years ended December 31, 2016 and 2015 , respectively, from employees who surrendered their shares to satisfy minimum tax withholding obligations upon the vesting of stock-based compensation awards.

Restructuring Charges

Restructuring Charges	12 Months Ended
	Dec. 31, 2016
Restructuring Charges [Abstract]
Restructuring Charges	Restructuring Charges: We record restructuring charges associated with management-approved restructuring plans to reorganize or to remove duplicative headcount and infrastructure within our businesses. Restructuring charges include severance costs to eliminate a specified number of employees, infrastructure charges to vacate facilities and consolidate operations, contract cancellation costs and other related activities. The timing of associated cash payments is dependent upon the type of restructuring charge and can extend over a multi-year period. Restructuring charges are not included in our calculation of segment profit (loss), as more fully explained in Note 18. Restructuring Activities in 2016 Information regarding the restructuring charges for all ongoing activities are presented in the table below (in millions): Incurred in 2016 Incurred to Date Total Expected to be Incurred Severance and related expense $ (0.2 ) $ 9.3 $ 9.3 Asset write-offs and accelerated depreciation 0.3 2.4 2.4 Lease termination — 0.2 0.2 Other 1.7 3.7 4.1 Total $ 1.8 $ 15.6 $ 16.0 While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions): Incurred in 2016 Incurred to Date Total Expected to be Incurred Residential Heating & Cooling $ — $ 0.9 $ 0.9 Commercial Heating & Cooling 0.2 1.1 1.1 Refrigeration (0.1 ) 11.9 11.9 Corporate & Other 1.7 1.7 2.1 Total $ 1.8 $ 15.6 $ 16.0 Restructuring accruals are included in Accrued expenses in the accompanying Consolidated Balance Sheets. The activity within the restructuring accruals is summarized in the tables below (in millions): Description of Reserves: Balance as of December 31, 2015 Charged to Earnings Cash Utilization Non-Cash Utilization and Other Balance as of December 31, 2016 Severance and related expense $ 0.7 $ (0.2 ) $ (0.5 ) $ — $ — Asset write-offs and accelerated depreciation — 0.3 (0.2 ) (0.1 ) — Equipment moves — — — — — Lease termination 0.2 — (0.2 ) — — Other — 1.7 (1.8 ) 0.1 — Total restructuring reserves $ 0.9 $ 1.8 $ (2.7 ) $ — $ — Description of Reserves: Balance as of December 31, 2014 Charged to Earnings Cash Utilization Non-Cash Utilization and Other Balance as of December 31, 2015 Severance and related expense $ 1.5 $ 2.6 $ (2.9 ) $ (0.5 ) $ 0.7 Asset write-offs and accelerated depreciation 0.1 0.3 (0.2 ) (0.2 ) — Equipment moves — — — — — Lease termination — 0.2 — — 0.2 Other — 0.1 (0.1 ) — — Total restructuring reserves $ 1.6 $ 3.2 $ (3.2 ) $ (0.7 ) $ 0.9

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share: Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share are computed by dividing net income by the sum of the weighted-average number of shares and the number of equivalent shares assumed outstanding, if dilutive, under our stock-based compensation plans. The computations of basic and diluted earnings per share for Income from continuing operations were as follows (in millions, except per share data): For the Years Ended December 31, 2016 2015 2014 Net income $ 277.8 $ 186.6 $ 205.8 Add: Loss from discontinued operations 0.8 0.6 2.3 Income from continuing operations $ 278.6 $ 187.2 $ 208.1 Weighted-average shares outstanding – basic 43.4 44.9 47.9 Add: Potential effect of diluted securities attributable to stock-based payments 0.6 0.7 0.7 Weighted-average shares outstanding – diluted 44.0 45.6 48.6 Earnings per share - Basic: Income from continuing operations $ 6.41 $ 4.17 $ 4.35 Loss from discontinued operations (0.02 ) (0.01 ) (0.05 ) Net income $ 6.39 $ 4.16 $ 4.30 Earnings per share - Diluted: Income from continuing operations $ 6.34 $ 4.11 $ 4.28 Loss from discontinued operations (0.02 ) (0.02 ) (0.05 ) Net income $ 6.32 $ 4.09 $ 4.23 The following stock appreciation rights were outstanding but not included in the diluted earnings per share calculation because the assumed exercise of such rights would have been anti-dilutive (in millions, except for per share data): For the Years Ended December 31, 2016 2015 2014 Weighted-average number of shares — — 0.3 Price ranges per share $ — $ — $81.11 - $92.64

Reportable Business Segments

Reportable Business Segments	12 Months Ended
	Dec. 31, 2016
Segment Reporting, Measurement Disclosures [Abstract]
Reportable Business Segments	Reportable Business Segments: Description of Segments We operate in three reportable business segments of the heating, ventilation, air conditioning and refrigeration (“HVACR”) industry. Our segments are organized primarily by the nature of the products and services we provide. The following table describes each segment: Segment Products or Services Markets Served Geographic Areas Residential Heating & Cooling Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies Residential Replacement; Residential New Construction United States Canada Commercial Heating & Cooling Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products Light Commercial United States Canada Europe Refrigeration Condensing units, unit coolers, fluid coolers, air- cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems Light Commercial; Food Preservation; Non-Food/Industrial United States Canada Europe Asia Pacific South America Segment Data We use segment profit or loss as the primary measure of profitability to evaluate operating performance and to allocate capital resources. We define segment profit or loss as a segment’s income or loss from continuing operations before income taxes included in the accompanying Consolidated Statements of Operations, excluding certain items. The reconciliation below details the items excluded. Our corporate costs include those costs related to corporate functions such as legal, internal audit, treasury, human resources, tax compliance and senior executive staff. Corporate costs also include the long-term share-based incentive awards provided to employees throughout LII. We recorded these share-based awards as Corporate costs because they are determined at the discretion of the Board of Directors and based on the historical practice of doing so for internal reporting purposes. Any intercompany sales and associated profit (and any other intercompany items) are eliminated from segment results. There were no significant intercompany eliminations included in the results presented in the table below. Net sales and segment profit (loss) by segment, along with a reconciliation of segment profit (loss) to Operating income, are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Net Sales (1) Residential Heating & Cooling $ 2,000.8 $ 1,866.9 $ 1,736.5 Commercial Heating & Cooling 917.9 887.2 878.5 Refrigeration 722.9 713.3 752.4 $ 3,641.6 $ 3,467.4 $ 3,367.4 Segment Profit (Loss) (2) Residential Heating & Cooling $ 348.8 $ 278.4 $ 235.8 Commercial Heating & Cooling 149.3 130.4 124.0 Refrigeration 68.9 52.9 55.4 Corporate and other (97.4 ) (84.1 ) (74.3 ) Subtotal segment profit 469.6 377.6 340.9 Reconciliation to Operating income: Special product quality adjustments (0.4 ) (2.2 ) (1.4 ) Items in Losses and other expenses, net that are excluded from segment profit (loss) (2) 7.4 15.6 4.7 Restructuring charges 1.8 3.2 1.9 Pension settlement 31.4 — — Goodwill impairment — 5.5 — Asset impairment — 44.5 — One time inventory write down — 5.6 1.0 Operating income $ 429.4 $ 305.4 $ 334.7 (1) On a consolidated basis, no revenue from transactions with a single customer were 10% or greater of our consolidated net sales for any of the periods presented. (2) The Company defines segment profit and loss as a segment's operating income included in the accompanying Consolidated Statements of Operations, excluding: • Special product quality adjustments; • The following items in Losses and other expenses, net: ◦ Net change in unrealized gains and/or losses on unsettled futures contracts, ◦ Special legal contingency charges, ◦ Asbestos-related litigation, ◦ Environmental liabilities, ◦ Contractor tax payments, ◦ Acquisition costs, and ◦ Other items, net; • Restructuring charges; • Goodwill and asset impairments; • Pension settlement ; and • One time inventory write down. The assets in the Corporate and other segment primarily consist of cash, short-term investments and deferred tax assets. Assets recorded in the operating segments represent those assets directly associated with those segments. Total assets by segment are shown below (in millions): As of December 31, 2016 2015 2014 Total Assets: Residential Heating & Cooling $ 673.4 $ 628.3 $ 632.3 Commercial Heating & Cooling 385.8 363.6 353.4 Refrigeration 442.8 444.9 551.5 Corporate and other 258.3 240.6 227.1 Total assets $ 1,760.3 $ 1,677.4 $ 1,764.3 Total capital expenditures by segment are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Capital Expenditures: Residential Heating & Cooling $ 36.7 $ 28.1 $ 39.4 Commercial Heating & Cooling 11.5 8.6 14.1 Refrigeration 12.1 11.4 15.8 Corporate and other 24.0 21.8 19.1 Total capital expenditures (1) $ 84.3 $ 69.9 $ 88.4 (1) Includes amounts recorded under capital leases. There were no significant new capital leases in 2016 , 2015 or 2014 . Depreciation and amortization expenses by segment are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Depreciation and Amortization: Residential Heating & Cooling $ 21.0 $ 20.7 $ 20.7 Commercial Heating & Cooling 9.8 9.7 9.3 Refrigeration 9.7 15.5 16.3 Corporate and other 17.6 16.9 14.5 Total depreciation and amortization $ 58.1 $ 62.8 $ 60.8 The equity method investments are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Income from Equity Method Investments: Refrigeration $ 4.0 $ 2.8 $ 2.5 Residential 14.4 10.6 11.3 Total income from equity method investments $ 18.4 $ 13.4 $ 13.8 Geographic Information Net sales for each major geographic area in which we operate are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Net Sales to External Customers by Point of Shipment: United States $ 2,966.8 $ 2,793.4 $ 2,576.4 Canada 218.8 217.7 236.3 International 456.0 456.3 554.7 Total net sales to external customers $ 3,641.6 $ 3,467.4 $ 3,367.4 Property, plant and equipment, net for each major geographic area in which we operate, based on the domicile of our operations, are shown below (in millions): As of December 31, 2016 2015 2014 Property, Plant and Equipment, net: United States $ 237.6 $ 224.8 $ 243.4 Mexico 69.4 60.0 52.4 Canada 1.4 1.2 0.6 International 53.0 53.6 62.2 Total Property, plant and equipment, net $ 361.4 $ 339.6 $ 358.6

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements: Fair value is 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. Fair value is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date and requires consideration of our creditworthiness when valuing certain liabilities. Our framework for measuring fair value is based on the following three-level hierarchy for fair value measurements: Level 1 - Quoted prices for identical instruments in active markets at the measurement date. Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets at the measurement date and for the anticipated term of the instrument. Level 3 - Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. Where available, the fair values were based upon quoted prices in active markets. However, if quoted prices were not available, then the fair values were based upon quoted prices for similar assets or liabilities or independently sourced market parameters, such as credit default swap spreads, yield curves, reported trades, broker/dealer quotes, interest rates and benchmark securities. For assets and liabilities without observable market activity, if any, the fair values were based upon discounted cash flow methodologies incorporating assumptions that, in our judgment, reflect the assumptions a marketplace participant would use. Valuation adjustments to reflect either party's creditworthiness and ability to pay were incorporated into our valuations, where appropriate, as of December 31, 2016 and 2015 , the measurement dates. The methodologies used to determine the fair value of our financial assets and liabilities as of December 31, 2016 were the same as those used as of December 31, 2015 . Fair values are estimates and are not necessarily indicative of amounts for which we could settle such instruments currently nor indicative of our intent or ability to dispose of or liquidate them. Assets and Liabilities Carried at Fair Value on a Recurring Basis Derivatives Derivatives, classified as Level 2, were primarily valued using estimated future cash flows based on observed prices from exchange-traded derivatives. We also considered the counterparty's creditworthiness, or our own creditworthiness, as appropriate. Adjustments were recorded to reflect the risk of credit default, but they were insignificant to the overall value of the derivatives. Refer to Note 8 for more information related to our derivative instruments. Marketable Equity Securities The following table presents the fair values of an investment in marketable equity securities, related to publicly traded stock of a non-U.S. company, recorded in Other assets, net in the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Quoted Prices in Active Markets for Identical Assets (Level 1): Investment in marketable equity securities $ 4.4 $ 6.5 Other Fair Value Disclosures The carrying amounts of Cash and cash equivalents, Accounts and notes receivable, net, Accounts payable, Other current liabilities, and Short-term debt approximate fair value due to the short maturities of these instruments. The carrying amount of our Domestic Credit Facility in Long-term debt also approximates fair value due to its variable-rate characteristics. The fair value of our senior unsecured notes in Long-term debt was based on the amount of future cash flows using current market rates for debt instruments of similar maturities and credit risk. The following table presents the fair value for our senior unsecured notes in Long-term debt (in millions): As of December 31, 2016 2015 Quoted Prices in Active Markets for Similar Instruments (Level 2): Senior unsecured notes $ 499.3 $ 207.3

Selected Quarterly Financial In

Selected Quarterly Financial Information (unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Financial Information (unaudited)	Selected Quarterly Financial Information (unaudited) : The following tables provide information on Net sales, Gross profit, Net income, Earnings per share and Cash dividends declared per share by quarter (in millions, except per share data): Net Sales (1) Gross Profit (1) Net Income (Loss) (1) 2016 2015 2016 2015 2016 2015 First Quarter $ 715.2 $ 685.8 $ 183.6 $ 163.0 $ 24.9 $ 13.9 Second Quarter 1,019.2 992.5 315.0 283.4 110.7 81.2 Third Quarter 1,010.0 955.0 310.3 273.4 101.7 80.3 Fourth Quarter 897.3 834.1 267.6 227.6 40.4 11.2 Basic Earnings (Loss) per Share (2) Diluted Earnings (Loss) per Share (2) Cash Dividends per Common Share 2016 2015 2016 2015 2016 2015 First Quarter $ 0.57 $ 0.31 $ 0.56 $ 0.31 $ 0.36 $ 0.30 Second Quarter 2.54 1.80 2.51 1.78 0.43 0.36 Third Quarter 2.35 1.78 2.33 1.76 0.43 0.36 Fourth Quarter 0.94 0.25 0.93 0.25 0.43 0.36 (1) The sum of the quarterly results for each of the four quarters may not equal the full year results due to rounding. (2) EPS for each quarter is computed using the weighted-average number of shares outstanding during that quarter, while EPS for the fiscal year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the EPS for each of the four quarters may not equal the EPS for the fiscal year. Summary of 2016 Quarterly Results The following unusual or infrequent pre-tax items were included in the 2016 quarterly results: 1st Quarter. No significant unusual or infrequent items. 2nd Quarter . No significant unusual or infrequent items. 3rd Quarter . No significant unusual or infrequent items. 4th Quarter . As part of our ongoing strategy to de-risk our pension plan obligations, we completed a one-time, lump sum pension buyout in the fourth quarter of 2016 for certain vested participants. As a result of the pension buy-out, we recorded a pension settlement charge of $31 million in the fourth quarter. Summary of 2015 Quarterly Results The following unusual or infrequent pre-tax items were included in the 2015 quarterly results: 1st Quarter. No significant unusual or infrequent items. 2nd Quarter . No significant unusual or infrequent items. 3rd Quarter . No significant unusual or infrequent items. 4th Quarter . We recorded goodwill impairment and asset impairment charges of $5.5 million and $44.5 million , respectively, to our North American supermarket display case business. Refer to Notes 4 and 5 for more information related to our impairment charges.

Losses and Other Expenses, net

Losses and Other Expenses, net	12 Months Ended
	Dec. 31, 2016
Losses (Gains) and Other Expenses, net [Abstract]
Losses and Other Expenses, net	Losses and Other Expenses, net: Losses and other expenses, net in our Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Realized losses on settled futures contracts $ 1.1 $ 1.9 $ 0.8 Foreign currency exchange losses 2.2 3.6 1.6 Losses (gains) on disposal of fixed assets 0.5 0.6 (0.3 ) Net change in unrealized losses (gains) on unsettled futures contracts (3.6 ) 0.6 0.6 Asbestos-related litigation 6.3 3.0 0.9 Acquisition expenses 0.4 1.0 — Special legal contingency charges 1.9 7.4 0.9 Environmental liabilities 1.9 1.0 2.0 Contractor tax payments 0.6 2.6 — Other items, net — — 0.3 Losses and other expenses, net $ 11.3 $ 21.7 $ 6.8

Supplemental Information

Supplemental Information	12 Months Ended
	Dec. 31, 2016
Supplemental Information [Abstract]
Supplemental Information	Supplemental Information: Below is information about expenses included in our Consolidated Statements of Operations (in millions): For the Years Ended December 31, 2016 2015 2014 Research and development $ 64.6 $ 62.3 $ 60.7 Advertising, promotions and marketing (1) 41.0 42.5 41.9 Cooperative advertising expenditures (2) 14.7 13.7 13.1 Rent expense 57.9 53.5 50.5 (1) Cooperative advertising expenditures were not included in these amounts. (2) Cooperative advertising expenditures were included in Selling, general and administrative expenses in the Consolidated Statements of Operations. Interest Expense, net The components of Interest expense, net in our Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Interest expense, net of capitalized interest $ 28.1 $ 25.2 $ 18.9 Interest income 1.1 1.6 1.7 Interest expense, net $ 27.0 $ 23.6 $ 17.2

Condensed Consolidating Financi

Condensed Consolidating Financial Statements	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Financial Statements	Condensed Consolidating Financial Statements: The Company’s senior unsecured notes are unconditionally guaranteed by certain of the Company’s subsidiaries (the “Guarantor Subsidiaries”) and are not secured by our other subsidiaries (the “Non-Guarantor Subsidiaries”). The Guarantor Subsidiaries are 100% owned, all guarantees are full and unconditional, and all guarantees are joint and several. As a result of the guarantee arrangements, we are required to present condensed consolidating financial statements. The condensed consolidating financial statements reflect the investments in subsidiaries of the Company using the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions. Condensed consolidating financial statements of the Company, its Guarantor Subsidiaries and Non-Guarantor Subsidiaries as of December 31, 2016 and December 31, 2015 and for the years ended December 31, 2016, 2015 and 2014 are shown on the following pages. Condensed Consolidating Balance Sheets As of December 31, 2016 (In millions) Parent Guarantor Non- Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 1.2 $ 17.1 $ 31.9 $ — $ 50.2 Accounts and notes receivable, net — 30.6 439.2 — 469.8 Inventories, net — 314.7 108.9 (5.1 ) 418.5 Other assets 12.8 48.8 67.5 (61.7 ) 67.4 Total current assets 14.0 411.2 647.5 (66.8 ) 1,005.9 Property, plant and equipment, net — 237.6 123.8 — 361.4 Goodwill — 134.9 60.2 — 195.1 Investment in subsidiaries 1,166.9 524.7 (0.5 ) (1,691.1 ) — Deferred income taxes 6.8 113.5 31.1 (14.7 ) 136.7 Other assets, net 3.6 40.0 19.0 (1.4 ) 61.2 Intercompany receivables (payables), net (382.4 ) 375.2 80.4 (73.2 ) — Total assets $ 808.9 $ 1,837.1 $ 961.5 $ (1,847.2 ) $ 1,760.3 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Short-term debt $ — $ — $ 52.4 $ — $ 52.4 Current maturities of long-term debt 199.3 0.4 0.4 — 200.1 Accounts payable 18.5 248.5 94.2 — 361.2 Accrued expenses 6.3 206.3 53.3 — 265.9 Income taxes payable (54.0 ) 89.8 52.5 (79.3 ) 9.0 Total current liabilities 170.1 545.0 252.8 (79.3 ) 888.6 Long-term debt 600.9 14.5 0.3 — 615.7 Post-retirement benefits, other than pensions — 2.8 — — 2.8 Pensions — 75.5 12.0 — 87.5 Other liabilities — 119.1 11.1 (2.5 ) 127.7 Total liabilities 771.0 756.9 276.2 (81.8 ) 1,722.3 Commitments and contingencies Total stockholders' equity 37.9 1,080.2 685.3 (1,765.4 ) 38.0 Total liabilities and stockholders' equity $ 808.9 $ 1,837.1 $ 961.5 $ (1,847.2 ) $ 1,760.3 Condensed Consolidating Balance Sheets As of December 31, 2015 (In millions) Parent Guarantor Non-Guarantor Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 0.5 $ 7.8 $ 30.6 $ — $ 38.9 Accounts and notes receivable, net — 25.9 396.9 — 422.8 Inventories, net — 324.3 98.9 (4.4 ) 418.8 Other assets 3.3 46.9 67.4 (59.9 ) 57.7 Total current assets 3.8 404.9 593.8 (64.3 ) 938.2 Property, plant and equipment, net — 261.8 77.8 — 339.6 Goodwill — 134.9 60.2 — 195.1 Investment in subsidiaries 879.0 337.6 (0.6 ) (1,216.0 ) — Deferred income taxes 5.4 126.6 28.4 (14.7 ) 145.7 Other assets, net 1.5 38.2 20.6 (1.5 ) 58.8 Intercompany receivables (payables), net (278.6 ) 253.3 25.3 — — Total assets $ 611.1 $ 1,557.3 $ 805.5 $ (1,296.5 ) $ 1,677.4 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Short-term debt $ — $ — $ 204.1 $ — $ 204.1 Current maturities of long-term debt 29.8 0.8 0.4 — 31.0 Accounts payable 16.1 237.9 66.1 — 320.1 Accrued expenses 15.8 176.7 50.1 — 242.6 Income taxes payable (43.0 ) 106.6 37.9 (75.5 ) 26.0 Total current liabilities 18.7 522.0 358.6 (75.5 ) 823.8 Long-term debt 490.4 15.1 0.5 — 506.0 Post-retirement benefits, other than pensions — 4.1 — — 4.1 Pensions — 111.9 8.9 — 120.8 Other liabilities 0.4 114.4 10.5 (4.2 ) 121.1 Total liabilities 509.5 767.5 378.5 (79.7 ) 1,575.8 Commitments and contingencies Total stockholders' equity 101.6 789.8 427.0 (1,216.8 ) 101.6 Total liabilities and stockholders' equity $ 611.1 $ 1,557.3 $ 805.5 $ (1,296.5 ) $ 1,677.4 Condensed Consolidating Statements of Operations and Comprehensive Income For the Year Ended December 31, 2016 (In millions) Parent Guarantor Non- Eliminations Consolidated Net Sales $ — $ 3,117.6 $ 728.0 $ (204.0 ) $ 3,641.6 Cost of goods sold — 2,203.8 564.5 (203.2 ) 2,565.1 Gross profit — 913.8 163.5 (0.8 ) 1,076.5 Operating expenses: Selling, general and administrative expenses — 524.3 96.7 — 621.0 Losses and other expenses, net (3.3 ) 9.7 5.1 (0.2 ) 11.3 Restructuring charges — 1.9 (0.1 ) — 1.8 Goodwill impairment — — — — — Asset impairment — — — — — Pension settlement — 30.5 0.9 — 31.4 Income from equity method investments (292.4 ) (40.7 ) (14.4 ) 329.1 (18.4 ) Operational income 295.7 388.1 75.3 (329.7 ) 429.4 Interest expense, net 24.4 (2.2 ) 4.8 — 27.0 Other expense, net — — (0.3 ) — (0.3 ) Income from continuing operations before income taxes 271.3 390.3 70.8 (329.7 ) 402.7 Provision for income taxes (6.5 ) 108.2 22.6 (0.2 ) 124.1 Income from continuing operations 277.8 282.1 48.2 (329.5 ) 278.6 Loss from discontinued operations — — (0.8 ) — (0.8 ) Net income $ 277.8 $ 282.1 $ 47.4 $ (329.5 ) $ 277.8 Other comprehensive income (loss) $ 14.0 $ 8.5 $ (14.2 ) $ 1.3 $ 9.6 Comprehensive Income $ 291.8 $ 290.6 $ 33.2 $ (328.2 ) $ 287.4 Condensed Consolidating Statements of Operations and Comprehensive Income For the Year Ended December 31, 2015 (In millions) Parent Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 2,950.6 $ 701.8 $ (185.0 ) $ 3,467.4 Cost of goods sold — 2,150.9 556.4 (187.3 ) 2,520.0 Gross profit — 799.7 145.4 2.3 947.4 Operating expenses: Selling, general and administrative expenses — 485.6 94.9 — 580.5 Losses (gains) and other expenses, net 0.7 13.7 7.5 (0.2 ) 21.7 Restructuring charges — (0.5 ) 3.7 — 3.2 Goodwill Impairment — 5.5 — — 5.5 Asset Impairment — 44.5 — — 44.5 Pension settlement — — — — — (Income) loss from equity method investments (201.8 ) (5.9 ) (10.5 ) 204.8 (13.4 ) Operational income 201.1 256.8 49.8 (202.3 ) 305.4 Interest expense, net 22.4 (2.0 ) 3.2 — 23.6 Other expense, net — — (0.8 ) — (0.8 ) Income from continuing operations before income taxes 178.7 258.8 47.4 (202.3 ) 282.6 Provision for income taxes (7.8 ) 87.9 14.3 1.0 95.4 Income from continuing operations 186.5 170.9 33.1 (203.3 ) 187.2 Loss from discontinued operations — — (0.6 ) — (0.6 ) Net income $ 186.5 $ 170.9 $ 32.5 $ (203.3 ) $ 186.6 Other comprehensive income (loss) $ (3.5 ) $ (3.3 ) $ (40.4 ) $ (4.0 ) $ (51.2 ) Comprehensive income $ 183.0 $ 167.6 $ (7.9 ) $ (207.3 ) $ 135.4 Condensed Consolidating Statements of Operations and Comprehensive Income For the Year Ended December 31, 2014 (In millions) Parent Guarantor Non-Guarantor Eliminations Consolidated Net Sales $ — $ 2,775.7 $ 818.0 $ (226.3 ) $ 3,367.4 Cost of goods sold — 2,057.8 628.3 (222.0 ) 2,464.1 Gross profit — 717.9 189.7 (4.3 ) 903.3 Operating expenses: Selling, general and administrative expenses — 454.5 119.2 — 573.7 Losses and other expenses, net — 3.2 3.6 — 6.8 Restructuring charges — 0.4 1.5 — 1.9 Goodwill impairment — — — — — Asset impairment — — — — — Pension settlement — — — — — Income from equity method investments (216.4 ) (25.4 ) (11.3 ) 239.3 (13.8 ) Operational income 216.4 285.2 76.7 (243.6 ) 334.7 Interest expense, net 16.0 (3.0 ) 4.2 — 17.2 Other expense, net — — (0.1 ) — (0.1 ) Income from continuing operations before income taxes 200.4 288.2 72.6 (243.6 ) 317.6 Provision for income taxes (5.6 ) 91.7 24.9 (1.5 ) 109.5 Income from continuing operations 206.0 196.5 47.7 (242.1 ) 208.1 Loss from discontinued operations — — (2.3 ) — (2.3 ) Net income $ 206.0 $ 196.5 $ 45.4 $ (242.1 ) $ 205.8 Other comprehensive income (loss) $ (4.1 ) $ (51.2 ) $ (34.8 ) $ (2.3 ) $ (92.4 ) Comprehensive Income $ 201.9 $ 145.3 $ 10.6 $ (244.4 ) $ 113.4 Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2016 (In millions) Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: $ (1.6 ) $ 218.5 $ 137.6 $ — $ 354.5 Cash flows from investing activities: Proceeds from the disposal of property, plant and equipment — — 0.2 — 0.2 Purchases of property, plant and equipment — (71.5 ) (12.8 ) — (84.3 ) Net cash used in investing activities — (71.5 ) (12.6 ) — (84.1 ) Cash flows from financing activities: Short-term borrowings, net — — (2.4 ) — (2.4 ) Asset securitization borrowings — — 145.0 — 145.0 Asset securitization payments — — (295.0 ) — (295.0 ) Long-term debt borrowings 350.0 — — — 350.0 Borrowings from credit facility 2,336.5 — — — 2,336.5 Long-term debt payments (57.5 ) (0.9 ) (0.4 ) — (58.8 ) Payments on credit facility (2,346.0 ) — — — (2,346.0 ) Payments of deferred financing costs (4.2 ) — — — (4.2 ) Proceeds from employee stock purchases 2.6 — — — 2.6 Repurchases of common stock to satisfy employee withholding tax obligations (33.3 ) — — — (33.3 ) Repurchases of common stock (300.0 ) — — — (300.0 ) Excess tax benefits related to share-based payments 19.4 — — — 19.4 Intercompany debt 30.0 (65.8 ) 35.8 — — Intercompany financing activity 73.8 (71.0 ) (2.8 ) — — Cash dividends paid (69.0 ) — — — (69.0 ) Net cash provided by (used in) financing activities 2.3 (137.7 ) (119.8 ) — (255.2 ) Increase (decrease) in cash and cash equivalents 0.7 9.3 5.2 — 15.2 Effect of exchange rates on cash and cash equivalents — — (3.9 ) — (3.9 ) Cash and cash equivalents, beginning of year 0.5 7.8 30.6 — 38.9 Cash and cash equivalents, end of year $ 1.2 $ 17.1 $ 31.9 $ — $ 50.2 Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2015 (In millions) Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: $ 226.9 $ 49.3 $ 55.0 $ — $ 331.2 Cash flows from investing activities: Proceeds from the disposal of property, plant and equipment — 0.1 — — 0.1 Purchases of property, plant and equipment — (60.2 ) (9.7 ) — (69.9 ) Net cash used in investing activities — (60.1 ) (9.7 ) — (69.8 ) Cash flows from financing activities: Short-term borrowings, net — — (1.7 ) — (1.7 ) Asset securitization borrowings — — 40.0 — 40.0 Asset securitization payments — — (60.0 ) — (60.0 ) Long-term debt borrowings — — — — — Borrowings from credit facility 1,671.0 — — — 1,671.0 Long-term debt payments (22.5 ) (1.2 ) (0.3 ) — (24.0 ) Payments on credit facility (1,807.5 ) — — — (1,807.5 ) Payments of deferred financing costs — — — — — Proceeds from employee stock purchases 2.4 — — — 2.4 Repurchases of common stock to satisfy employee withholding tax obligations (32.0 ) — — — (32.0 ) Repurchases of common stock — — — — — Excess tax benefits related to share-based payments 22.4 — — — 22.4 Intercompany debt (9.4 ) 7.1 2.3 — — Intercompany financing activity 7.5 1.2 (8.7 ) — — Cash dividends paid (59.3 ) — — — (59.3 ) Net cash provided by (used in) financing activities (227.4 ) 7.1 (28.4 ) — (248.7 ) Increase (decrease) in cash and cash equivalents (0.5 ) (3.7 ) 16.9 — 12.7 Effect of exchange rates on cash and cash equivalents — — (11.3 ) — (11.3 ) Cash and cash equivalents, beginning of year 1.0 11.5 25.0 — 37.5 Cash and cash equivalents, end of year $ 0.5 $ 7.8 $ 30.6 $ — $ 38.9 Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2014 (In millions) Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: $ 328.8 $ (97.2 ) $ (46.8 ) $ — $ 184.8 Cash flows from investing activities: Proceeds from the disposal of property, plant and equipment — 1.0 0.1 — 1.1 Purchases of property, plant and equipment — (70.5 ) (17.9 ) — (88.4 ) Net cash used in investing activities — (69.5 ) (17.8 ) — (87.3 ) Cash flows from financing activities: Short-term borrowings, net — — 1.5 — 1.5 Asset securitization borrowings — — 100.0 — 100.0 Asset securitization payments — — (40.0 ) — (40.0 ) Long-term debt borrowings 300.0 — — — 300.0 Borrowings from revolving credit facility 2,073.5 — — — 2,073.5 Long-term debt payments — (1.9 ) (0.4 ) — (2.3 ) Payments on revolving credit facility (1,908.5 ) — — — (1,908.5 ) Payments of deferred financing costs (2.2 ) — — — (2.2 ) Proceeds from employee stock purchases 2.0 — — — 2.0 Repurchases of common stock to satisfy employee withholding tax obligations (22.4 ) — — — (22.4 ) Repurchases of common stock (550.3 ) — — — (550.3 ) Excess tax benefits related to share-based payments 11.8 — — — 11.8 Intercompany debt (0.1 ) 4.7 (4.6 ) — — Intercompany financing activity (180.1 ) 164.9 15.2 — — Cash dividends paid (52.6 ) — — — (52.6 ) Net cash provided by (used in) financing activities (328.9 ) 167.7 71.7 — (89.5 ) Decrease in cash and cash equivalents (0.1 ) 1.0 7.1 — 8.0 Effect of exchange rates on cash and cash equivalents — — (8.5 ) — (8.5 ) Cash and cash equivalents, beginning of year 1.1 10.5 26.4 — 38.0 Cash and cash equivalents, end of year $ 1.0 $ 11.5 $ 25.0 $ — $ 37.5

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events: On February 9, 2017, the Company entered into a Fixed Dollar Accelerated Share Repurchase Transaction (the “ASR Agreement”) with J.P.Morgan Stanley ,to effect an accelerated stock buyback of the Company’s common stock (the “Common Stock”). Under the ASR Agreement, on February 9, 2017, the Company will pay J.P.Morgan Stanley an initial purchase price of $75 million , and J.P.Morgan Stanley will deliver to the Company a total of approximately 0.4 million shares of Common Stock, representing approximately 85% of the shares expected to be purchased under the ASR Agreement.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Dec. 31, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts and Reserves	SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES For the Years Ended December 31, 2016 , 2015 and 2014 (In millions) Balance at beginning of year Additions charged to cost and expenses Write-offs Recoveries Other Balance at end of year 2014: Allowance for doubtful accounts $ 9.8 $ 2.6 $ (4.6 ) $ 1.1 $ (1.0 ) $ 7.9 2015: Allowance for doubtful accounts $ 7.9 $ 2.8 $ (4.9 ) $ 1.1 $ (0.6 ) $ 6.3 2016 Allowance for doubtful accounts $ 6.3 $ 2.4 $ (2.7 ) $ 0.9 $ (0.2 ) $ 6.7

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Lennox International Inc. and our majority-owned subsidiaries. All intercompany transactions, profits and balances have been eliminated.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid temporary investments with original maturity dates of three months or less to be cash equivalents. Cash and cash equivalents consisted primarily of bank deposits.
Accounts and Notes Receivable	Accounts and Notes Receivable Accounts and notes receivable are shown in the accompanying Consolidated Balance Sheets, net of allowance for doubtful accounts. The allowance for doubtful accounts is generally established during the period in which receivables are recognized and is based on the age of the receivables and management's judgment on our ability to collect. Management considers the historical trends of write-offs and recoveries of previously written-off accounts, the financial strength of customers and projected economic and market conditions. We determine the delinquency status of receivables predominantly based on contractual terms and we write-off uncollectible receivables after management's review of our ability to collect, as noted above. We have no significant concentrations of credit risk within our accounts and notes receivable.
Inventories	Inventories Inventory costs include material, labor, depreciation and plant overhead. Inventories of $221.4 million and $212.4 million as of December 31, 2016 and 2015 , respectively, were valued at the lower of cost or market using the last-in, first-out (“LIFO”) cost method. The remainder of inventory is valued at the lower of cost or market with cost determined primarily using either the first-in, first-out (“FIFO”) or average cost methods. We elected to use the LIFO cost method for our domestic manufacturing companies in 1974 and continued to elect the LIFO cost method for new operations through the late 1980s. The types of inventory costs that use LIFO include raw materials, purchased components, work-in-process, repair parts and finished goods. Since the late 1990s, we have adopted the FIFO cost method for all new domestic manufacturing operations (primarily acquisitions). Our operating entities with a previous LIFO election continue to use the LIFO cost method. We use the FIFO cost method for our foreign-based manufacturing facilities. See Note 3 for more information on our inventories.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment is stated at cost, net of accumulated depreciation. Expenditures that increase the utility or extend the useful lives of fixed assets are capitalized while expenditures for maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the following estimated useful lives: Buildings and improvements: Buildings and improvements 2 to 30 years Leasehold improvements 1 to 20 years Machinery and equipment: Computer hardware 3 to 15 years Computer software 3 to 10 years Factory machinery and equipment 1 to 15 years Research and development equipment 3 to 10 years Vehicles 2 to 6 years We periodically review long-lived assets for impairment as events or changes in circumstances indicate that the carrying amount of such assets might not be recoverable. To assess recoverability, we compare the estimated expected future undiscounted cash flows identified with each long-lived asset or related asset group to the carrying amount of such assets. If the expected future cash flows do not exceed the carrying value of the asset or assets being reviewed, an impairment loss is recognized based on the excess of the carrying amount of the impaired assets over their fair value. See Note 5 for additional information on our property, plant and equipment.
Goodwill	Goodwill Goodwill represents the excess of cost over fair value of assets from acquired businesses. Goodwill is not amortized, but is reviewed for impairment annually and whenever events or changes in circumstances indicate the asset may be impaired (See Note 4 for additional information on our goodwill). The annual goodwill impairment test was performed during the fourth quarter of 2016. The provisions of the accounting standard for goodwill allow us to first assess qualitative factors to determine whether it is necessary to perform a two-step quantitative goodwill impairment test. As part of our qualitative assessment, we monitor economic, legal, regulatory and other factors, industry trends, our market capitalization, recent and forecasted financial performance of our reporting units and the timing and nature of our restructuring activities for LII as a whole and for each reporting unit. For those reporting units which are evaluated using the two-step quantitative goodwill impairment test, we estimate reporting unit fair values using either the discounted cash flow approach or a market approach. The discounted cash flows used to estimate fair value are based on assumptions regarding each reporting unit’s estimated projected future cash flows and the estimated weighted-average cost of capital that a market participant would use in evaluating the reporting unit in a purchase transaction. The estimated weighted-average cost of capital is based on the risk-free interest rate and other factors such as equity risk premiums and the ratio of total debt to equity capital. In performing these impairment tests, we take steps to ensure that appropriate and reasonable cash flow projections and assumptions are used. We reconcile our estimated enterprise value to our market capitalization and determine the reasonableness of the cost of capital used by comparing to market data. We also perform sensitivity analyses on the key assumptions used, such as the weighted-average cost of capital and terminal growth rates. If market approach is used, it is based on objective evidence of market values.
Intangible Assets	Intangible Assets We amortize intangible assets and other assets with finite lives over their respective estimated useful lives to their estimated residual values, as follows: Asset Useful Life Deferred financing costs Effective interest method Customer relationships Straight-line method up to 12 years Patents and others Straight-line method up to 20 years We periodically review intangible assets with estimable useful lives for impairment as events or changes in circumstances indicate that the carrying amount of such assets might not be recoverable. We assess recoverability by comparing the estimated expected undiscounted future cash flows identified with each intangible asset or related asset group to the carrying amount of such assets. If the expected future cash flows do not exceed the carrying value of the asset or assets being reviewed, an impairment loss is recognized based on the excess of the carrying amount of the impaired assets over their fair value. In assessing the fair value of these intangible assets, we must make assumptions that a market participant would make regarding estimated future cash flows and other factors to determine the fair value of the respective assets. If these estimates or the related assumptions change, we may be required to record impairment charges for these assets in the future. We review our indefinite-lived intangible assets for impairment annually in the fourth quarter and whenever events or changes in circumstances indicate the asset may be impaired. The provisions of the accounting standard for indefinite-lived intangible assets allow us to first assess qualitative factors to determine whether it is necessary to perform a two-step quantitative impairment test. As part of our qualitative assessment, we monitor economic, legal, regulatory and other factors, industry trends, recent and forecasted financial performance of our reporting units and the timing and nature of our restructuring activities for LII as a whole and as they relate to the fair value of the assets. For those intangible assets which are evaluated using the two-step quantitative impairment test, we compare the estimated expected undiscounted future cash flows identified with each intangible asset or related asset group to the carrying amount of such assets. If the expected future cash flows do not exceed the carrying value of the asset or assets being reviewed, an impairment loss is recognized based on the excess of the carrying amount of the impaired assets over their fair value. See Note 4 for additional information on our intangible assets.
Product Warranties	Product Warranties For some of our heating, ventilation and air conditioning (“HVAC”) products, we provide warranty terms ranging from one to 20 years to customers for certain components such as compressors or heat exchangers. For select products, we also provide limited lifetime warranties. A liability for estimated warranty expense is recorded on the date that revenue is recognized. Our estimates of future warranty costs are determined by product line. The number of units we expect to repair or replace is determined by applying an estimated failure rate, which is generally based on historical experience, to the number of units that were sold and are still under warranty. The estimated units to be repaired under warranty are multiplied by the average cost to repair or replace such products to determine the estimated future warranty cost. We do not discount product warranty liabilities as the amounts are not fixed and the timing of future cash payments is neither fixed nor reliably determinable. We also provide for specifically-identified warranty obligations. Estimated future warranty costs are subject to adjustment depending on changes in actual failure rate and cost experience. Subsequent costs incurred for warranty claims serve to reduce the accrued product warranty liability. See Note 10 for more information on our estimated future warranty costs.
Pensions and Post-retirement Benefits	Pensions and Post-retirement Benefits We provide pension and post-retirement medical benefits to eligible domestic and foreign employees and we recognize pension and post-retirement benefit costs over the estimated service life or average life expectancy of those employees. We also recognize the funded status of our benefit plans, as measured at year-end by the difference between plan assets at fair value and the benefit obligation, in the Consolidated Balance Sheets. Changes in the funded status are recognized in the year in which the changes occur through accumulated other comprehensive income (“AOCI”). Actuarial gains or losses are amortized into net period benefit cost over the estimated service life of covered employees or average life expectancy of participants depending on the plan. The benefit plan assets and liabilities reflect assumptions about the long-range performance of our benefit plans. Should actual results differ from management's estimates, revisions to the benefit plan assets and liabilities would be required. See Note 12 for information regarding those estimates and additional disclosures on pension and post-retirement medical benefits.
Self Insurance	Self-Insurance Self-insurance expense and liabilities were actuarially determined based primarily on our historical claims information and industry factors and trends. The self-insurance liabilities as of December 31, 2016 represent the best estimate of the future payments to be made on reported and unreported losses for 2016 and prior years. The amounts and timing of payments for claims reserved may vary depending on various factors, including the development and ultimate settlement of reported and unreported claims. To the extent actuarial assumptions change and claims experience rates differ from historical rates, our liabilities may change. See Note 10 for additional information on our self-insured risks and liabilities.
Derivatives	Derivatives We use futures contracts, forward contracts and fixed forward contracts to mitigate our exposure to volatility in metal commodity prices and foreign exchange rates. We hedge only exposures in the ordinary course of business and do not hold or trade derivatives for profit. All derivatives are recognized in the Consolidated Balance Sheets at fair value and the classification of each derivative instrument is based upon whether the maturity of the instrument is less than or greater than 12 months. See Note 8 for more information on our derivatives.
Income Taxes	Income Taxes We recognize deferred tax assets and liabilities for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. Unrecognized tax benefits are accounted for as required by the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 740. See Note 9 for more information related to income taxes.
Revenue Recognition	Revenue Recognition Our revenue recognition practices for the sale of goods depend upon the shipping terms for each transaction. Shipping terms are primarily FOB Shipping Point and, therefore, revenue is recognized for these transactions when products are shipped to customers and title passes. Certain customers in our smaller operations, primarily outside of North America, have shipping terms where title and risk of ownership do not transfer until the product is delivered to the customer. For these transactions, revenue is recognized on the date that the product is received and accepted by such customers. We experience returns for miscellaneous reasons and record a reserve for these returns at the time we recognize revenue based on historical experience. Our historical rates of return are insignificant as a percentage of sales. We also recognize revenue net of sales taxes. For our businesses that provide services, revenue is recognized at the time services are completed. Our Commercial Heating & Cooling segment also provides sales, installation, maintenance and repair services under fixed-price contracts. Revenue for these services is recognized over the life of the contract. We engage in cooperative advertising, customer rebate, and other miscellaneous programs that result in payments or credits being issued to our customers. We record these customer discounts and incentives as a reduction of sales when the sales are recorded. For certain cooperative advertising programs, we also receive an identifiable benefit (goods or services) in exchange for the consideration given, and, accordingly, record a ratable portion of the expenditure to Selling, general and administrative (“SG&A”) expenses. All other advertising, promotions and marketing costs are expensed as incurred. See Note 22 for more information on these costs.
Cost of Goods Sold	Cost of Goods Sold The principal elements of cost of goods sold are components, raw materials, factory overhead, labor, estimated costs of warranty expense and freight and distribution costs.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses SG&A expenses include payroll and benefit costs, advertising, commissions, research and development, information technology costs, and other selling, general and administrative related costs such as insurance, travel, non-production depreciation and rent.
Stock-Based Compensation	Stock-Based Compensation We recognize compensation expense for stock-based arrangements over the required employee service periods. We measure stock-based compensation costs on the estimated grant-date fair value of the stock-based awards that are expected to ultimately vest and we adjust expected vesting rates to actual rates as additional information becomes known. For stock-based arrangements with performance conditions, we periodically adjust performance achievement rates based on our best estimates of those rates at the end of the performance period. See Note 14 for more information.
Translation of Foreign Currencies	Translation of Foreign Currencies All assets and liabilities of foreign subsidiaries and joint ventures are translated into U.S. dollars using rates of exchange in effect at the balance sheet date. Revenue and expenses are translated at weighted average exchange rates during the year. Unrealized translation gains and losses are included in AOCI in the accompanying Consolidated Balance Sheets. Transaction gains and losses are included in Losses and other expenses, net in the accompanying Consolidated Statements of Operations.
Use of Estimates	Use of Estimates The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, product warranties, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, and stock-based compensation among others. These estimates and assumptions are based on our best estimates and judgment. We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets and uncertain future economic conditions combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.
Reclassifications	Reclassifications Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.

Summary of Significant Accoun35

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Estimated useful lives of property, plant and equipment	Depreciation is computed using the straight-line method over the following estimated useful lives: Buildings and improvements: Buildings and improvements 2 to 30 years Leasehold improvements 1 to 20 years Machinery and equipment: Computer hardware 3 to 15 years Computer software 3 to 10 years Factory machinery and equipment 1 to 15 years Research and development equipment 3 to 10 years Vehicles 2 to 6 years Components of Property, plant and equipment, net were as follows (in millions): As of December 31, 2016 2015 Land $ 33.9 $ 33.9 Buildings and improvements 218.2 211.8 Machinery and equipment 742.1 699.4 Capital leases 27.3 27.1 Construction in progress and equipment not yet in service 57.1 50.3 Total 1,078.6 1,022.5 Less accumulated depreciation (717.2 ) (682.9 ) Property, plant and equipment, net $ 361.4 $ 339.6
Identifiable intangible and other assets that have finite lives are amortized over their estimated useful lives	We amortize intangible assets and other assets with finite lives over their respective estimated useful lives to their estimated residual values, as follows: Asset Useful Life Deferred financing costs Effective interest method Customer relationships Straight-line method up to 12 years Patents and others Straight-line method up to 20 years

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Components of inventories	The components of inventories are as follows (in millions): As of December 31, 2016 2015 Finished goods $ 287.2 $ 300.0 Work in process 5.1 4.2 Raw materials and parts 183.4 178.3 Total 475.7 482.5 Excess of current cost over last-in, first-out cost (57.2 ) (63.7 ) Total inventories, net $ 418.5 $ 418.8

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	The changes in the carrying amount of goodwill in 2016 and 2015, in total and by segment, are summarized in the table below (in millions): Segment: Balance at December 31, 2014 (2) Impairment Other (1) Balance at December 31, 2015 Impairment Other (1) Balance at December 31, 2016 Residential Heating & Cooling $ 26.1 $ — $ — $ 26.1 $ — $ — $ 26.1 Commercial Heating & Cooling 62.3 — (1.7 ) 60.6 — (0.5 ) 60.1 Refrigeration 121.0 (5.5 ) (7.1 ) 108.4 — 0.5 108.9 $ 209.4 $ (5.5 ) $ (8.8 ) $ 195.1 $ — $ — $ 195.1 (1) Other consists of changes in foreign currency translation rates. (2) The goodwill balances in the table above are presented net of accumulated impairment charges of $15.7 million , all of which relate to impairments in periods prior to 2014.
Summary of amortization of intangible assets	Identifiable intangible and other assets subject to amortization were recorded in Other assets, net in the accompanying Consolidated Balance Sheets and were comprised of the following (in millions): As of December 31, 2016 2015 Gross Amount Accumulated Amortization Net Amount Gross Amount Accumulated Amortization Net Amount Customer relationships (1) 15.9 (14.9 ) 1.0 15.9 (14.6 ) 1.3 Patents and others 12.7 (6.4 ) 6.3 11.2 (6.3 ) 4.9 Total $ 28.6 $ (21.3 ) $ 7.3 $ 27.1 $ (20.9 ) $ 6.2 (1) The impairment related to customer relationships has been removed from the gross amount as well as the accumulated amortization, but is included in amortization expense for the previous year.
Amortization expense	Amortization expense related to these intangible and other assets was as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Amortization expense (1) $ 0.4 $ 2.7 $ 2.9 (1) The impairment related to customer relationships has been removed from the gross amount as well as the accumulated amortization, but is included in amortization expense for the previous year.
Summary of estimated intangible amortization expense for the next five years	Estimated amortization expense for the next five years and thereafter is as follows (in millions): Estimated Future Amortization Expense: 2017 $ 0.4 2018 0.4 2019 0.4 2020 0.4 2021 0.2 Thereafter 5.5

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Components of property, plant and equipment	Depreciation is computed using the straight-line method over the following estimated useful lives: Buildings and improvements: Buildings and improvements 2 to 30 years Leasehold improvements 1 to 20 years Machinery and equipment: Computer hardware 3 to 15 years Computer software 3 to 10 years Factory machinery and equipment 1 to 15 years Research and development equipment 3 to 10 years Vehicles 2 to 6 years Components of Property, plant and equipment, net were as follows (in millions): As of December 31, 2016 2015 Land $ 33.9 $ 33.9 Buildings and improvements 218.2 211.8 Machinery and equipment 742.1 699.4 Capital leases 27.3 27.1 Construction in progress and equipment not yet in service 57.1 50.3 Total 1,078.6 1,022.5 Less accumulated depreciation (717.2 ) (682.9 ) Property, plant and equipment, net $ 361.4 $ 339.6

Joint Ventures and Other Equi39

Joint Ventures and Other Equity Investments (Tables)	12 Months Ended
	Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]
Summary of combined balance of equity method investments included in other assets, net	The combined balance of equity method investments included in Other assets, net totaled (in millions): As of December 31, 2016 2015 Equity method investments $ 30.7 $ 30.3
Summary of cost of goods sold in the consolidated statements of operations	The amounts of purchases included in Cost of goods sold in the Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Purchases of compressors from joint venture $ 97.7 $ 103.5 $ 114.7

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Components of accrued expenses	The significant components of Accrued expenses are presented below (in millions): As of December 31, 2016 2015 Accrued compensation and benefits $ 89.8 $ 69.0 Accrued rebates and promotions 64.6 53.6 Accrued warranties 30.0 26.7 Accrued Sales, Use, Property and VAT taxes 20.2 15.4 Accrued asbestos reserves 9.8 7.7 Self insurance reserves 8.2 9.2 Deferred income 6.4 6.8 Derivative contracts 4.0 14.4 Other 32.9 39.8 Total Accrued expenses $ 265.9 $ 242.6

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Amounts related to cash flow hedges	We recorded the following amounts related to our cash flow hedges in AOCI (in millions): As of December 31, 2016 2015 Unrealized (gains) losses on unsettled contracts $ (8.9 ) $ 13.2 Income tax expense (benefit) 3.3 (4.8 ) (Gains) losses included in AOCI, net of tax (1) $ (5.6 ) $ 8.4 (1) Assuming commodity and foreign currency prices remain constant, we expect to reclassify $4.5 million of derivative gains into earnings within the next 12 months.
Outstanding foreign currency forward contracts not designated as cash flow hedges	We had the following outstanding commodity futures contracts designated as cash flow hedges (in millions of pounds): As of December 31, Notional Amounts 2016 2015 Copper 30.4 34.7 We had the following outstanding foreign exchange forward contracts designated as cash flow hedges (in millions): As of December 31, Notional Amounts (in local currency): 2016 2015 Mexican Peso 310.1 201.4 Canadian Dollar 24.9 — Derivatives not Designated as Cash Flow Hedges For commodity derivatives not designated as cash flow hedges, we follow the same hedging strategy as derivatives designated as cash flow hedges, except that we elect not to designate them as cash flow hedges at the inception of the arrangement. We had the following outstanding commodity futures contracts not designated as cash flow hedges (in millions of pounds): As of December 31, 2016 2015 Copper 2.4 3.3 Aluminum 2.6 3.2 We had the following outstanding foreign currency forward contracts not designated as cash flow hedges (in millions): As of December 31, Notional amounts (in local currency): 2016 2015 Chinese Yuan 10.5 — Mexican Peso 64.5 53.0 Euro 46.9 3.2 British Pound 1.3 — Indian Rupee 584.6 30.8 Polish Zloty — 25.4
Location and amounts of derivative fair values in Consolidated Balance Sheets and derivative gains and losses in Consolidated Statements of Operations	The following tables provide the locations and amounts of derivative fair values in the Consolidated Balance Sheets and derivative gains and losses in the Consolidated Statements of Operations (in millions): Fair Values of Derivative Instruments as of December 31 (1) Derivatives Designated as Hedging Instruments Derivatives Not Designated as Hedging Instruments 2016 2015 2016 2015 Current Assets: Other assets Commodity futures contracts $ 8.7 $ — $ 0.7 $ — Foreign currency forward contracts 0.5 — 0.2 0.2 Non-Current Assets: Other assets, net Commodity futures contracts 1.9 — 0.2 — Foreign currency forward contracts $ — $ — $ — $ — Total Assets $ 11.1 $ — $ 1.1 $ 0.2 Current Liabilities: Accrued expenses Commodity futures contracts $ — $ 12.5 $ — $ 1.5 Foreign currency forward contracts 0.8 0.4 3.2 — Non-Current Liabilities: Other liabilities Commodity futures contracts — 0.4 — — Foreign currency forward contracts — — — — Total Liabilities $ 0.8 $ 13.3 $ 3.2 $ 1.5 (1) All derivative instruments are classified as Level 2 within the fair value hierarchy. See Note 19 for more information on fair value measurements.
Effect of Derivative Instruments on Consolidated Statements of Operations	Derivatives in Cash Flow Hedging Relationships For the Years Ended December 31, 2016 2015 2014 Amount of Loss Reclassified from AOCI into Income (Effective Portion): Commodity futures contracts (1) $ 12.3 $ 12.5 $ 5.8 Amount of (Gain) Loss Recognized in Income on Derivatives (Ineffective Portion): Commodity futures contracts (2) $ (1.6 ) $ 0.1 $ 0.1 Derivatives Not Designated as Hedging Instruments For the Years Ended December 31, 2016 2015 2014 Amount of (Gain) Loss Recognized in Income on Derivatives: Commodity futures contracts (2) $ (0.9 ) $ 2.5 $ 1.2 Foreign currency forward contracts (2) 4.3 0.3 (0.8 ) $ 3.4 $ 2.8 $ 0.4 (1) The loss was recorded in Cost of goods sold in the accompanying Consolidated Statements of Operations. (2) The (gain) loss was recorded in Losses and other expenses, net in the accompanying Consolidated Statements of Operations.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Components of income tax provision (benefits) from continuing operations	Our Provision for income taxes from continuing operations consisted of the following (in millions): For the Years Ended December 31, 2016 2015 2014 Current: Federal $ 106.0 $ 101.0 $ 84.3 State 14.5 13.1 10.1 Foreign 9.7 3.6 9.6 Total current 130.2 117.7 104.0 Deferred: Federal (4.5 ) (21.4 ) 2.3 State (1.2 ) (0.6 ) 1.0 Foreign (0.4 ) (0.3 ) 2.2 Total deferred (6.1 ) (22.3 ) 5.5 Total provision for income taxes $ 124.1 $ 95.4 $ 109.5 The components of Interest expense, net in our Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Interest expense, net of capitalized interest $ 28.1 $ 25.2 $ 18.9 Interest income 1.1 1.6 1.7 Interest expense, net $ 27.0 $ 23.6 $ 17.2
Income from continuing operations before income taxes	Income from continuing operations before income taxes was comprised of the following (in millions): For the Years Ended December 31, 2016 2015 2014 Domestic $ 374.8 $ 276.7 $ 283.7 Foreign 27.9 5.9 33.9 Total $ 402.7 $ 282.6 $ 317.6
Summary of difference between the income tax provision from continuing operations computed at the statutory federal income tax rate and the financial statement provision for taxes	The difference between the income tax provision from continuing operations computed at the statutory federal income tax rate and the financial statement Provision for income taxes is summarized as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Provision at the U.S. statutory rate of 35% $ 141.0 $ 98.9 $ 111.2 Increase (reduction) in tax expense resulting from: State income tax, net of federal income tax benefit 12.8 8.0 8.8 Other permanent items 4.2 (9.1 ) (8.2 ) Tax credits, net of unrecognized tax benefits (27.9 ) (0.7 ) — Change in unrecognized tax benefits (0.3 ) (0.9 ) 0.2 Change in valuation allowance (4.3 ) (0.6 ) 0.2 Foreign taxes at rates other than 35% and miscellaneous other (1.4 ) (0.2 ) (2.7 ) Total provision for income taxes $ 124.1 $ 95.4 $ 109.5
Summary of deferred tax assets (liabilities)	Deferred tax assets (liabilities) were comprised of the following (in millions): As of December 31, 2016 2015 Gross deferred tax assets: Warranties $ 36.3 $ 33.7 Loss carryforwards (foreign, U.S. and state) 19.8 20.0 Post-retirement and pension benefits 33.9 47.7 Inventory reserves 9.6 9.0 Receivables allowance 4.5 4.1 Compensation liabilities 20.6 19.3 Deferred income 1.5 1.6 Insurance liabilities 6.5 6.3 Legal reserves 12.0 10.9 Hedges — 5.3 State credits, net of federal effect 18.4 8.3 Other 5.4 7.1 Total deferred tax assets 168.5 173.3 Valuation allowance (17.1 ) (19.9 ) Total deferred tax assets, net of valuation allowance 151.4 153.4 Gross deferred tax liabilities: Depreciation (3.3 ) (2.5 ) Hedges (3.2 ) — Intangibles (4.9 ) (2.2 ) Other (3.3 ) (3.0 ) Total deferred tax liabilities (14.7 ) (7.7 ) Net deferred tax assets $ 136.7 $ 145.7
Summary of reconciliation of the beginning and ending amount of unrecognized tax benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions): Balance as of December 31, 2014 $ 1.6 Increases related to prior year tax positions 0.5 Decreases related to prior year tax positions (1.2 ) Increases related to current year tax positions — Settlement (0.4 ) Balance as of December 31, 2015 0.5 Increases related to prior year tax positions 1.0 Decreases related to prior year tax positions — Increases related to current year tax positions 1.4 Settlement (0.5 ) Balance as of December 31, 2016 $ 2.4

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Summary of approximate minimum commitments under all non-cancelable leases outstanding	Future annual minimum lease payments and capital lease commitments as of December 31, 2016 were as follows (in millions): Operating Leases Capital Leases 2017 $ 48.3 $ 1.4 2018 38.1 0.8 2019 27.5 0.2 2020 16.9 0.1 2021 9.8 — Thereafter 18.2 14.6 Total minimum lease payments $ 158.8 $ 17.1 Less amount representing interest 0.4 Present value of minimum payments $ 16.7
Summary of information related to our environmental reserve	Total environmental accruals are included in the following captions on the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Accrued expenses $ 1.2 $ 1.3 Other liabilities 4.4 4.0 Total environmental accruals $ 5.6 $ 5.3
Summary of changes in the total warranty liabilities	Total product warranty liabilities related to continuing operations are included in the following captions on the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Accrued expenses $ 30.0 $ 26.7 Other liabilities 71.1 65.6 Total product warranty liabilities $ 101.1 $ 92.3 The changes in product warranty liabilities related to continuing operations for the years ended December 31, 2016 and 2015 were as follows (in millions): Total warranty liability as of December 31, 2014 $ 87.2 Payments made in 2015 (27.2 ) Changes resulting from issuance of new warranties 37.1 Changes in estimates associated with pre-existing liabilities (2.6 ) Changes in foreign currency translation rates and other (2.2 ) Total warranty liability as of December 31, 2015 $ 92.3 Payments made in 2016 (24.7 ) Changes resulting from issuance of new warranties 36.2 Changes in estimates associated with pre-existing liabilities (2.6 ) Changes in foreign currency translation rates and other (0.1 ) Total warranty liability as of December 31, 2016 $ 101.1
Summary of self-insurance liabilities	Total self-insurance liabilities were included in the following captions on the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Accrued expenses $ 8.2 $ 9.2 Other liabilities 22.7 23.9 Total self-insurance liabilities $ 30.9 $ 33.1

Lines of Credit and Financing44

Lines of Credit and Financing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Outstanding debt obligations	The following tables summarize our outstanding debt obligations and the classification in the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Short-Term Debt: Asset Securitization Program $ 50.0 $ 200.0 Foreign obligations 2.4 4.1 Total short-term debt $ 52.4 $ 204.1 Current maturities of long-term debt: Capital lease obligations $ 0.8 $ 1.2 Domestic credit facility — 30.0 Senior unsecured notes 200.0 — Debt issuance costs (0.7 ) (0.2 ) Total current maturities of long-term debt $ 200.1 $ 31.0 Long-Term Debt: Capital lease obligations $ 15.0 $ 15.6 Domestic credit facility 256.0 293.0 Senior unsecured notes 350.0 200.0 Debt issuance costs (5.3 ) (2.6 ) Total long-term debt $ 615.7 $ 506.0 Total debt $ 868.2 $ 741.1
Aggregate amounts of required principal payments on total debt	As of December 31, 2016 , the aggregate amounts of required principal payments on total debt were as follows (in millions): 2017 $ 253.2 2018 33.3 2019 30.0 2020 30.0 2021 166.0 Thereafter 361.7
Eligible amounts available and beneficial interests sold	As of December 31, 2016 2015 Eligible amount available under the ASP on qualified accounts receivable $ 250.0 $ 220.0 Beneficial interest sold 50.0 200.0 Remaining amount available $ 200.0 $ 20.0
Summary of weighted average borrowing rate facility	Our weighted average borrowing rate on the facility was as follows: As of December 31, 2016 2015 Weighted average borrowing rate 2.00 % 1.90 %
Required ratios under the domestic credit facility	The required ratios under our Domestic Credit Facility are detailed below: Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than 3.5 : 1.0 Cash Flow to Net Interest Expense Ratio no less than 3.0 : 1.0

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plans	We recorded the following expenses related to our contributions to the defined contribution plans (in millions): For the Years Ended December 31, 2016 2015 2014 Contributions to defined contribution plans $ 16.3 $ 16.1 $ 14.8
Pension and postretirement benefit plans recognized in financial statements	The following tables set forth amounts recognized in our financial statements and the plans' funded status for our pension and post-retirement benefit plans (dollars in millions): Pension Benefits Other Benefits 2016 2015 2016 2015 Accumulated benefit obligation $ 374.1 $ 409.2 N/A N/A Changes in projected benefit obligation: Benefit obligation at beginning of year $ 415.4 $ 446.5 $ 4.9 $ 5.4 Service cost 4.4 4.8 — — Interest cost 15.3 17.2 0.1 0.2 Plan participants' contributions — — 0.3 0.5 Amendments 0.1 0.1 — — Other — — — — Actuarial (gain) loss 22.8 (29.6 ) (0.7 ) 0.1 Effect of exchange rates (3.8 ) (5.2 ) — — Divestiture — — — — Settlements and curtailments (50.6 ) (0.8 ) — — Benefits paid (22.0 ) (17.6 ) (1.3 ) (1.3 ) Benefit obligation at end of year $ 381.6 $ 415.4 $ 3.3 $ 4.9 Changes in plan assets: Fair value of plan assets at beginning of year $ 293.0 $ 315.0 $ — $ — Actual gain (loss) return on plan assets 21.0 (3.2 ) — — Employer contribution 53.9 3.8 1.0 0.8 Plan participants' contributions — — 0.3 0.5 Effect of exchange rates (2.8 ) (4.2 ) — — Divestiture — — — — Plan settlements (50.6 ) (0.8 ) — — Benefits paid (22.0 ) (17.6 ) (1.3 ) (1.3 ) Fair value of plan assets at end of year 292.5 293.0 — — Funded status / net amount recognized $ (89.1 ) $ (122.4 ) $ (3.3 ) $ (4.9 ) Net amount recognized consists of: Current liability $ (1.6 ) $ (1.6 ) $ (0.5 ) $ (0.8 ) Non-current liability (87.5 ) (120.8 ) (2.8 ) (4.1 ) Net amount recognized $ (89.1 ) $ (122.4 ) $ (3.3 ) $ (4.9 )
Schedule of non-current pension liability plan	For the Years Ended December 31, 2016 2015 Pension plans with a benefit obligation in excess of plan assets: Projected benefit obligation $ 370.2 $ 404.5 Accumulated benefit obligation 362.9 398.4 Fair value of plan assets 280.8 281.8
Components of net periodic benefit cost	Our U.S.-based pension plans comprised approximately 88% of the projected benefit obligation and 88% of plan assets as of December 31, 2016 . Pension Benefits Other Benefits 2016 2015 2014 2016 2015 2014 Components of net periodic benefit cost as of December 31: Service cost $ 4.4 $ 4.8 $ 4.2 $ — $ — $ — Interest cost 15.3 17.2 17.7 0.1 0.2 0.2 Expected return on plan assets (21.5 ) (21.4 ) (22.7 ) — — — Amortization of prior service cost 0.3 0.2 0.3 (3.0 ) (3.1 ) (3.1 ) Recognized actuarial loss 7.6 9.5 6.6 1.4 1.5 1.5 Settlements and curtailments (1) 31.6 0.4 0.4 — — — Net periodic benefit cost (2) $ 37.7 $ 10.7 $ 6.5 $ (1.5 ) $ (1.4 ) $ (1.4 ) (1) The Consolidated Statements of Operations discloses $31.4 million related to pension settlement charges that represent the lump-sum payments made in the fourth quarter of 2016. (2) No pension expense was included in Loss from discontinued operations in 2014, 2015 or 2016 .
Summary of amounts recognized in AOCI in our financial statements	The following table sets forth amounts recognized in AOCI and Other comprehensive income (loss) in our financial statements for 2016 and 2015 (in millions): Pension Benefits Other Benefits 2016 2015 2016 2015 Amounts recognized in AOCI: Prior service costs $ (0.9 ) $ (1.2 ) $ 12.0 $ 15.0 Actuarial loss (197.3 ) (214.7 ) (16.3 ) (18.4 ) Subtotal (198.2 ) (215.9 ) (4.3 ) (3.4 ) Deferred taxes 71.0 78.7 1.6 1.3 Net amount recognized $ (127.2 ) $ (137.2 ) $ (2.7 ) $ (2.1 ) Changes recognized in other comprehensive income (loss): Current year prior service costs 0.1 0.1 — — Current year actuarial (gain) loss 23.3 (5.0 ) (0.7 ) 0.1 Effect of exchange rates (1.5 ) (2.2 ) — — Amortization of prior service (costs) credits (0.3 ) (0.3 ) 3.1 3.1 Amortization of actuarial loss (39.2 ) (9.9 ) (1.4 ) (1.5 ) Total recognized in other comprehensive income (loss) $ (17.6 ) $ (17.3 ) $ 1.0 $ 1.7 Total recognized in net periodic benefit cost and other comprehensive income (loss) $ 20.1 $ (6.6 ) $ (0.5 ) $ 0.3
Summary of health care cost trend rates	The following table sets forth the healthcare trend rate assumptions used: 2016 2015 Assumed health care cost trend rates as of December 31: Health care cost trend rate assumed for next year 6.50 % 7.00 % Rate to which the cost rate is assumed to decline (the ultimate trend rate) 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate 2020 2020
Summary of one percentage-point change in assumed healthcare cost trend rate	A one percentage-point change in assumed healthcare cost trend rates would have the following effects (in millions): 1-Percentage-Point Increase 1-Percentage-Point Decrease Effect on total of service and interest cost $ — $ — Effect on the post-retirement benefit obligation 0.1 (0.1 )
Summary of expected future benefit payments	Expected future benefit payments are shown in the table below (in millions): For the Years Ended December 31, 2017 2018 2019 2020 2021 2022-2026 Pension benefits $ 18.7 $ 18.9 $ 19.2 $ 19.6 $ 24.9 $ 135.1 Other benefits 0.6 0.5 0.4 0.4 0.3 1.1
Summary of weighted-average asset allocations	Our U.S. pension plans' weighted-average asset allocations as of December 31, 2016 and 2015 , by asset category, are as follows: Plan Assets as of December 31, Asset Category: 2016 2015 U.S. equity 27.0 % 27.1 % International equity 18.5 % 17.7 % Fixed income 52.5 % 53.8 % Money market/cash 2.0 % 1.4 % Total 100.0 % 100.0 %
Summary of target allocation percentage of assets	U.S. pension plan assets are invested according to the following targets: Asset Category: Target U.S. equity 25.0 % International equity 17.0 % Fixed income 56.0 % Money market/cash 2.0 %
Summary of fair value of pension plan asset, by asset category	The fair values of our pension plan assets, by asset category, are as follows (in millions): Fair Value Measurements as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Asset Category: Cash and cash equivalents 5.3 — — 5.3 Commingled pools / Collective Trusts: U.S. equity (1) — 69.5 — 69.5 International equity (2) — 47.6 — 47.6 Fixed income (3) — 134.9 — 134.9 Balanced pension trust: (4) International equity — 4.7 — 4.7 Fixed income — 11.9 — 11.9 Pension fund: International equity (5) — 13.5 — 13.5 Fixed income (6) — 5.1 — 5.1 Total 5.3 287.2 — 292.5 Fair Value Measurements as of December 31, 2015 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Asset Category: Cash and cash equivalents 3.8 — — 3.8 Commingled pools / Collective Trusts: U.S. equity (1) — 69.7 — 69.7 International equity (2) — 45.5 — 45.5 Fixed income (3) — 138.1 — 138.1 Balanced pension trust: (4) International equity — 4.7 — 4.7 Fixed income — 12.1 — 12.1 Pension fund: International equity (5) — 11.0 — 11.0 Fixed income (6) — 8.1 — 8.1 Total 3.8 289.2 — 293.0
Summary of additional information about asset measured at net asset value per share	Additional information about assets measured at Net Asset Value (“NAV”) per share (in millions): As of December 31, 2016 Fair Value Redemption Frequency (if currently eligible) Redemption Notice Period Asset Category: Commingled pools / Collective Trusts: U.S. equity (1) $ 69.5 Daily 5 days International equity (2) 47.6 Daily 5 days Fixed income (3) 134.9 Daily 5-15 days Balanced pension trust: (4) International equity 4.7 Daily 3-5 days Fixed income 11.9 Daily 3-5 days Pension fund: International equity (5) 13.5 Daily 1-7 days Fixed income (6) 5.1 Daily 1-7 days Total $ 287.2 As of December 31, 2015 Fair Value Redemption Frequency (if currently eligible) Redemption Notice Period Asset Category: Commingled pools / Collective Trusts: U.S. equity (1) $ 69.7 Daily 5 days International equity (2) 45.5 Daily 5 days Fixed income (3) 138.1 Daily 5-15 days Balanced pension trust: (4) International equity 4.7 Daily 3-5 days Fixed income 12.1 Daily 3-5 days Pension fund: International equity (5) 11.0 Daily 1-7 days Fixed income (6) 8.1 Daily 1-7 days Total $ 289.2 (1) This category includes investments primarily in U.S. equity securities that include large, mid and small capitalization companies. (2) This category includes investments primarily in international equity securities that include large, mid and small capitalization companies in large developed markets as well as emerging markets equities. (3) This category includes investments in U.S. investment grade and high yield fixed income securities, international fixed income securities and emerging markets fixed income securities. (4) The investment objectives of the fund are to provide long-term capital growth and income by investing primarily in a well-diversified, balanced portfolio of Canadian common stocks, bonds and money market securities. The fund also holds a portion of its assets in international equities. (5) This category includes investments in international equity securities and aims to provide returns consistent with the markets in which it invests and provide broad exposure to countries around the world. (6) This category includes investments in U.K. government index-linked securities (index-linked gilts) that have maturity periods of 5 years or longer and investment grade corporate bonds denominated in sterling.
U.S. Based Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Weighted-average assumptions used to determine Benefit Obligations and Net Periodic Benefit Cost for the U.S. and Non-U.S.-based plans	The following tables set forth the weighted-average assumptions used to determine Benefit obligations and Net periodic benefit cost for the U.S.-based plans in 2016 and 2015 : Pension Benefits Other Benefits 2016 2015 2016 2015 Weighted-average assumptions used to determine benefit obligations as of December 31: Discount rate 4.17 % 4.51 % 3.50 % 3.55 % Rate of compensation increase 4.23 % 4.23 % — — Pension Benefits Other Benefits 2016 2015 2014 2016 2015 2014 Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31: Discount rate - service cost 4.30 % 3.97 % 4.88 % 4.95 % 3.23 % 3.57 % Discount rate - interest cost 3.76 % 3.97 % 4.88 % 2.49 % 3.23 % 3.57 % Expected long-term return on plan assets 7.50 % 7.50 % 8.00 % — — — Rate of compensation increase 4.23 % 4.23 % 4.23 % — — —
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Weighted-average assumptions used to determine Benefit Obligations and Net Periodic Benefit Cost for the U.S. and Non-U.S.-based plans	The following tables set forth the weighted-average assumptions used to determine Benefit Obligations and Net Periodic Benefit Cost for the non-U.S.-based plans in 2016 and 2015 : Pension Benefits 2016 2015 Weighted-average assumptions used to determine benefit obligations as of December 31: Discount rate 2.83 % 3.59 % Rate of compensation increase 3.78 % 3.70 % Pension Benefits 2016 2015 2014 Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31: Discount rate - service cost 2.04 % 4.12 % 4.38 % Discount rate - interest cost 3.45 % 4.12 % 4.38 % Expected long-term return on plan assets 4.87 % 5.22 % 6.32 % Rate of compensation increase 3.70 % 3.48 % 3.31 %

Comprehensive Income (Tables)

Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Items not reclassified in their entirety from Accumulated Other Comprehensive Income to Net Income	The following table provides information on items not reclassified in their entirety from AOCI to Net Income in the accompanying Consolidated Statements of Operations (in millions): For the Years Ended December 31, AOCI Component 2016 2015 Affected Line Item(s) in the Consolidated Statements of Operations Losses on cash flow hedges: Commodity derivative contracts $ (12.3 ) $ (12.5 ) Cost of goods sold Income tax benefit 4.3 4.4 Provision for income taxes Net of tax $ (8.0 ) $ (8.1 ) Defined Benefit Plan Items: Pension and Post-Retirement Benefits costs $ (6.3 ) $ (9.7 ) Cost of goods sold; Selling, general and administrative expenses Income tax benefit 2.2 3.4 Provision for income taxes Net of tax $ (4.1 ) $ (6.3 ) Total reclassifications from AOCI $ (12.1 ) $ (14.4 )
Changes in AOCI by component (net of tax)	The following tables provide information on changes in AOCI, by component (net of tax), for the years ended December 31, 2016 and 2015 (in millions): Gains (Losses) on Cash Flow Hedges Unrealized Gains (Losses) on Available-for-Sale Securities Defined Benefit Plan Items Foreign Currency Translation Adjustments Total AOCI Balance as of December 31, 2015 $ (8.4 ) $ 4.4 $ (139.3 ) $ (61.4 ) $ (204.7 ) Other comprehensive income (loss) before reclassifications 6.0 (2.1 ) 5.2 (11.6 ) (2.5 ) Amounts reclassified from AOCI 8.0 — 4.1 — 12.1 Net other comprehensive income (loss) 14.0 (2.1 ) 9.3 (11.6 ) 9.6 Balance as of December 31, 2016 $ 5.6 $ 2.3 $ (130.0 ) $ (73.0 ) $ (195.1 ) Gains (Losses) on Cash Flow Hedges Unrealized Gains (Losses) on Available-for-Sale Securities Defined Benefit Plan Items Foreign Currency Translation Adjustments Total AOCI Balance as of December 31, 2014 $ (4.6 ) $ 3.2 $ (149.4 ) $ (2.7 ) $ (153.5 ) Other comprehensive income (loss) before reclassifications (11.9 ) 1.2 3.8 (58.7 ) (65.6 ) Amounts reclassified from AOCI 8.1 — 6.3 — 14.4 Net other comprehensive income (loss) (3.8 ) 1.2 10.1 (58.7 ) (51.2 ) Balance as of December 31, 2015 $ (8.4 ) $ 4.4 $ (139.3 ) $ (61.4 ) $ (204.7 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of stock -based compensation expense in operations	Stock-based compensation expense related to continuing operations was included in Selling, general and administrative expenses in the accompanying Consolidated Statements of Operations as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Compensation expense (1) $ 31.7 $ 26.6 $ 23.3 (1) Stock-based compensation expense was recorded in our Corporate and other business segment.
Summary of status of undistributed performance share units	A summary of the status of our undistributed performance share units as of December 31, 2016 , and changes during the year then ended, is presented below (in millions, except per share data): Shares (2) Weighted- Average Grant Date Fair Value per Share Undistributed performance share units as of December 31, 2015 0.6 $ 67.91 Granted 0.1 150.21 Adjustment to share paid based on payout ratio 0.1 81.11 Distributed (0.3 ) 51.11 Forfeited — — Undistributed performance share units as of December 31, 2016 (1) 0.4 $ 101.03 (1) Undistributed performance share units include approximately 0.2 million units with a weighted-average grant date fair value of $117.60 per share that had not yet vested and 0.2 million units that have vested but were not yet distributed.
Fair value of performance share units and tax deductions	The total fair value of performance share units distributed and the resulting tax deductions to realize tax benefits were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Fair value of performance share units distributed $ 39.4 $ 44.9 $ 19.6 Realized tax benefits from tax deductions $ 15.0 $ 17.1 $ 7.5
Summary of non vested restricted stock units	A summary of our non-vested restricted stock units as of December 31, 2016 and changes during the year then ended is presented below (in millions, except per share data): Shares Weighted- Average Grant Date Fair Value per Share Non-vested restricted stock units as of December 31, 2015 0.3 $ 94.23 Granted 0.1 150.14 Distributed (0.1 ) 80.40 Forfeited — — Non-vested restricted stock units as of December 31, 2016 0.3 $ 118.38
Fair value of restricted stock units and tax deductions	The total fair value of restricted stock units vested and the resulting tax deductions to realize tax benefits were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Fair value of restricted stock units vested $ 17.0 $ 19.7 $ 19.5 Realized tax benefits from tax deductions 6.5 7.5 7.4
Summary of stock appreciation rights activity	A summary of our stock appreciation rights as of December 31, 2016 , and changes during the year then ended, is presented below (in millions, except per share data): Shares Weighted-Average Exercise Price per Share Outstanding stock appreciation rights as of December 31, 2015 1.3 $ 72.54 Granted 0.2 156.94 Exercised (0.4 ) 47.34 Forfeited — — Outstanding stock appreciation rights as of December 31, 2016 1.1 $ 98.35 Exercisable stock appreciation rights as of December 31, 2016 0.7 $ 72.17
Summary of stock appreciation rights outstanding	The following table summarizes information about stock appreciation rights outstanding as of December 31, 2016 (in millions, except per share data and years): Stock Appreciation Rights Outstanding Stock Appreciation Rights Exercisable Range of Exercise Prices Shares Weighted-Average Remaining Contractual Term (in years) Aggregate Intrinsic Value Shares Weighted-Average Remaining Contractual Life (in years) Aggregate Intrinsic Value $34.06 to $51.40 0.3 2.44 $ 34.3 0.3 2.44 $ 34.3 $81.11 to $92.64 0.4 4.54 $ 25.2 0.3 4.44 $ 21.0 $124.97 to $156.94 0.4 6.55 $ 4.3 0.1 5.93 $ 1.4
Schedule of total intrinsic value of stock appreciation rights exercised	The total intrinsic value of stock appreciation rights exercised and the resulting tax deductions to realize tax benefits were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Intrinsic value of stock appreciation rights exercised $ 36.9 $ 27.3 $ 27.3 Realized tax benefits from tax deductions $ 14.1 $ 10.4 $ 10.4
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of share-based payment awards	The following table provides information on our performance share units: For the Years Ended December 31, 2016 2015 2014 Compensation expense for performance share units (in millions) $ 18.1 $ 13.6 $ 11.5 Weighted-average fair value of grants, per share $ 150.21 $ 126.31 $ 88.26 Payout ratio for shares paid 200.0 % 200.0 % 153.2 %
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of share-based payment awards	The following table provides information on our restricted stock units (in millions, except per share data): For the Years Ended December 31, 2016 2015 2014 Compensation expense for restricted stock units $ 9.0 $ 8.3 $ 7.0 Weighted-average fair value of grants, per share $ 150.14 $ 126.15 $ 88.26
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary of share-based payment awards	The following table provides information on our stock appreciation rights (in millions, except per share data): For the Years Ended December 31, 2016 2015 2014 Compensation expense for stock appreciation rights $ 4.6 $ 4.7 $ 4.8 Weighted-average fair value of grants, per share 22.93 22.74 19.55
Schedule of assumptions used	The fair value of the stock appreciation rights granted in 2016 , 2015 and 2014 were estimated on the date of grant using the following assumptions: 2016 2015 2014 Expected dividend yield 1.62 % 1.61 % 1.75 % Risk-free interest rate 1.66 % 1.36 % 1.27 % Expected volatility 19.60 % 23.78 % 29.60 % Expected life (in years) 3.99 4.00 4.04

Restructuring Charges (Tables)

Restructuring Charges (Tables)	12 Months Ended
	Dec. 31, 2016
Restructuring Charges [Abstract]
Information regarding restructuring charges	Information regarding the restructuring charges for all ongoing activities are presented in the table below (in millions): Incurred in 2016 Incurred to Date Total Expected to be Incurred Severance and related expense $ (0.2 ) $ 9.3 $ 9.3 Asset write-offs and accelerated depreciation 0.3 2.4 2.4 Lease termination — 0.2 0.2 Other 1.7 3.7 4.1 Total $ 1.8 $ 15.6 $ 16.0
Information regarding restructuring charges by segment	While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions): Incurred in 2016 Incurred to Date Total Expected to be Incurred Residential Heating & Cooling $ — $ 0.9 $ 0.9 Commercial Heating & Cooling 0.2 1.1 1.1 Refrigeration (0.1 ) 11.9 11.9 Corporate & Other 1.7 1.7 2.1 Total $ 1.8 $ 15.6 $ 16.0 We operate in three reportable business segments of the heating, ventilation, air conditioning and refrigeration (“HVACR”) industry. Our segments are organized primarily by the nature of the products and services we provide. The following table describes each segment: Segment Products or Services Markets Served Geographic Areas Residential Heating & Cooling Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies Residential Replacement; Residential New Construction United States Canada Commercial Heating & Cooling Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products Light Commercial United States Canada Europe Refrigeration Condensing units, unit coolers, fluid coolers, air- cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems Light Commercial; Food Preservation; Non-Food/Industrial United States Canada Europe Asia Pacific South America
Details activity within the restructuring reserves	The activity within the restructuring accruals is summarized in the tables below (in millions): Description of Reserves: Balance as of December 31, 2015 Charged to Earnings Cash Utilization Non-Cash Utilization and Other Balance as of December 31, 2016 Severance and related expense $ 0.7 $ (0.2 ) $ (0.5 ) $ — $ — Asset write-offs and accelerated depreciation — 0.3 (0.2 ) (0.1 ) — Equipment moves — — — — — Lease termination 0.2 — (0.2 ) — — Other — 1.7 (1.8 ) 0.1 — Total restructuring reserves $ 0.9 $ 1.8 $ (2.7 ) $ — $ — Description of Reserves: Balance as of December 31, 2014 Charged to Earnings Cash Utilization Non-Cash Utilization and Other Balance as of December 31, 2015 Severance and related expense $ 1.5 $ 2.6 $ (2.9 ) $ (0.5 ) $ 0.7 Asset write-offs and accelerated depreciation 0.1 0.3 (0.2 ) (0.2 ) — Equipment moves — — — — — Lease termination — 0.2 — — 0.2 Other — 0.1 (0.1 ) — — Total restructuring reserves $ 1.6 $ 3.2 $ (3.2 ) $ (0.7 ) $ 0.9

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Computations of basic and diluted loss per share for Loss from Continuing Operations	The computations of basic and diluted earnings per share for Income from continuing operations were as follows (in millions, except per share data): For the Years Ended December 31, 2016 2015 2014 Net income $ 277.8 $ 186.6 $ 205.8 Add: Loss from discontinued operations 0.8 0.6 2.3 Income from continuing operations $ 278.6 $ 187.2 $ 208.1 Weighted-average shares outstanding – basic 43.4 44.9 47.9 Add: Potential effect of diluted securities attributable to stock-based payments 0.6 0.7 0.7 Weighted-average shares outstanding – diluted 44.0 45.6 48.6 Earnings per share - Basic: Income from continuing operations $ 6.41 $ 4.17 $ 4.35 Loss from discontinued operations (0.02 ) (0.01 ) (0.05 ) Net income $ 6.39 $ 4.16 $ 4.30 Earnings per share - Diluted: Income from continuing operations $ 6.34 $ 4.11 $ 4.28 Loss from discontinued operations (0.02 ) (0.02 ) (0.05 ) Net income $ 6.32 $ 4.09 $ 4.23
Stock appreciation rights were outstanding, but not included in the diluted loss per share calculation	The following stock appreciation rights were outstanding but not included in the diluted earnings per share calculation because the assumed exercise of such rights would have been anti-dilutive (in millions, except for per share data): For the Years Ended December 31, 2016 2015 2014 Weighted-average number of shares — — 0.3 Price ranges per share $ — $ — $81.11 - $92.64

Reportable Business Segments (T

Reportable Business Segments (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting, Measurement Disclosures [Abstract]
Net sales, segment profit (loss) by business segment and reconciliation of segment profit (loss) to Income from Continuing Operations before Income Taxes	While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions): Incurred in 2016 Incurred to Date Total Expected to be Incurred Residential Heating & Cooling $ — $ 0.9 $ 0.9 Commercial Heating & Cooling 0.2 1.1 1.1 Refrigeration (0.1 ) 11.9 11.9 Corporate & Other 1.7 1.7 2.1 Total $ 1.8 $ 15.6 $ 16.0 We operate in three reportable business segments of the heating, ventilation, air conditioning and refrigeration (“HVACR”) industry. Our segments are organized primarily by the nature of the products and services we provide. The following table describes each segment: Segment Products or Services Markets Served Geographic Areas Residential Heating & Cooling Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies Residential Replacement; Residential New Construction United States Canada Commercial Heating & Cooling Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products Light Commercial United States Canada Europe Refrigeration Condensing units, unit coolers, fluid coolers, air- cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems Light Commercial; Food Preservation; Non-Food/Industrial United States Canada Europe Asia Pacific South America
Net sales and segment profit (loss) with reconciliation of segment profit (loss)	Net sales and segment profit (loss) by segment, along with a reconciliation of segment profit (loss) to Operating income, are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Net Sales (1) Residential Heating & Cooling $ 2,000.8 $ 1,866.9 $ 1,736.5 Commercial Heating & Cooling 917.9 887.2 878.5 Refrigeration 722.9 713.3 752.4 $ 3,641.6 $ 3,467.4 $ 3,367.4 Segment Profit (Loss) (2) Residential Heating & Cooling $ 348.8 $ 278.4 $ 235.8 Commercial Heating & Cooling 149.3 130.4 124.0 Refrigeration 68.9 52.9 55.4 Corporate and other (97.4 ) (84.1 ) (74.3 ) Subtotal segment profit 469.6 377.6 340.9 Reconciliation to Operating income: Special product quality adjustments (0.4 ) (2.2 ) (1.4 ) Items in Losses and other expenses, net that are excluded from segment profit (loss) (2) 7.4 15.6 4.7 Restructuring charges 1.8 3.2 1.9 Pension settlement 31.4 — — Goodwill impairment — 5.5 — Asset impairment — 44.5 — One time inventory write down — 5.6 1.0 Operating income $ 429.4 $ 305.4 $ 334.7 (1) On a consolidated basis, no revenue from transactions with a single customer were 10% or greater of our consolidated net sales for any of the periods presented. (2) The
Total assets by business segment	Total assets by segment are shown below (in millions): As of December 31, 2016 2015 2014 Total Assets: Residential Heating & Cooling $ 673.4 $ 628.3 $ 632.3 Commercial Heating & Cooling 385.8 363.6 353.4 Refrigeration 442.8 444.9 551.5 Corporate and other 258.3 240.6 227.1 Total assets $ 1,760.3 $ 1,677.4 $ 1,764.3
Summary of capital expenditures, depreciation and amortization, and income from equity method investments expense by business segment	Total capital expenditures by segment are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Capital Expenditures: Residential Heating & Cooling $ 36.7 $ 28.1 $ 39.4 Commercial Heating & Cooling 11.5 8.6 14.1 Refrigeration 12.1 11.4 15.8 Corporate and other 24.0 21.8 19.1 Total capital expenditures (1) $ 84.3 $ 69.9 $ 88.4 (1) Includes amounts recorded under capital leases. There were no significant new capital leases in 2016 , 2015 or 2014 . Depreciation and amortization expenses by segment are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Depreciation and Amortization: Residential Heating & Cooling $ 21.0 $ 20.7 $ 20.7 Commercial Heating & Cooling 9.8 9.7 9.3 Refrigeration 9.7 15.5 16.3 Corporate and other 17.6 16.9 14.5 Total depreciation and amortization $ 58.1 $ 62.8 $ 60.8 The equity method investments are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Income from Equity Method Investments: Refrigeration $ 4.0 $ 2.8 $ 2.5 Residential 14.4 10.6 11.3 Total income from equity method investments $ 18.4 $ 13.4 $ 13.8
Summary of financial information relating to geographic area based operations	Net sales for each major geographic area in which we operate are shown below (in millions): For the Years Ended December 31, 2016 2015 2014 Net Sales to External Customers by Point of Shipment: United States $ 2,966.8 $ 2,793.4 $ 2,576.4 Canada 218.8 217.7 236.3 International 456.0 456.3 554.7 Total net sales to external customers $ 3,641.6 $ 3,467.4 $ 3,367.4
Property, plant, and equipment, net for each major geographic area	Property, plant and equipment, net for each major geographic area in which we operate, based on the domicile of our operations, are shown below (in millions): As of December 31, 2016 2015 2014 Property, Plant and Equipment, net: United States $ 237.6 $ 224.8 $ 243.4 Mexico 69.4 60.0 52.4 Canada 1.4 1.2 0.6 International 53.0 53.6 62.2 Total Property, plant and equipment, net $ 361.4 $ 339.6 $ 358.6

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents the fair values of an investment in marketable equity securities, related to publicly traded stock of a non-U.S. company, recorded in Other assets, net in the accompanying Consolidated Balance Sheets (in millions): As of December 31, 2016 2015 Quoted Prices in Active Markets for Identical Assets (Level 1): Investment in marketable equity securities $ 4.4 $ 6.5
Other Fair Value Measurements	The following table presents the fair value for our senior unsecured notes in Long-term debt (in millions): As of December 31, 2016 2015 Quoted Prices in Active Markets for Similar Instruments (Level 2): Senior unsecured notes $ 499.3 $ 207.3

Selected Quarterly Financial 52

Selected Quarterly Financial Information (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Summary of information on net sales, gross profit, net income, earnings per share and dividends per share	The following tables provide information on Net sales, Gross profit, Net income, Earnings per share and Cash dividends declared per share by quarter (in millions, except per share data): Net Sales (1) Gross Profit (1) Net Income (Loss) (1) 2016 2015 2016 2015 2016 2015 First Quarter $ 715.2 $ 685.8 $ 183.6 $ 163.0 $ 24.9 $ 13.9 Second Quarter 1,019.2 992.5 315.0 283.4 110.7 81.2 Third Quarter 1,010.0 955.0 310.3 273.4 101.7 80.3 Fourth Quarter 897.3 834.1 267.6 227.6 40.4 11.2 Basic Earnings (Loss) per Share (2) Diluted Earnings (Loss) per Share (2) Cash Dividends per Common Share 2016 2015 2016 2015 2016 2015 First Quarter $ 0.57 $ 0.31 $ 0.56 $ 0.31 $ 0.36 $ 0.30 Second Quarter 2.54 1.80 2.51 1.78 0.43 0.36 Third Quarter 2.35 1.78 2.33 1.76 0.43 0.36 Fourth Quarter 0.94 0.25 0.93 0.25 0.43 0.36 (1) The sum of the quarterly results for each of the four quarters may not equal the full year results due to rounding. (2) EPS for each quarter is computed using the weighted-average number of shares outstanding during that quarter, while EPS for the fiscal year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the EPS for each of the four quarters may not equal the EPS for the fiscal year.

Losses and Other Expenses, net

Losses and Other Expenses, net (Tables)	12 Months Ended
	Dec. 31, 2016
Losses (Gains) and Other Expenses, net [Abstract]
Summary of losses and other expenses, net	Losses and other expenses, net in our Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Realized losses on settled futures contracts $ 1.1 $ 1.9 $ 0.8 Foreign currency exchange losses 2.2 3.6 1.6 Losses (gains) on disposal of fixed assets 0.5 0.6 (0.3 ) Net change in unrealized losses (gains) on unsettled futures contracts (3.6 ) 0.6 0.6 Asbestos-related litigation 6.3 3.0 0.9 Acquisition expenses 0.4 1.0 — Special legal contingency charges 1.9 7.4 0.9 Environmental liabilities 1.9 1.0 2.0 Contractor tax payments 0.6 2.6 — Other items, net — — 0.3 Losses and other expenses, net $ 11.3 $ 21.7 $ 6.8 Below is information about expenses included in our Consolidated Statements of Operations (in millions): For the Years Ended December 31, 2016 2015 2014 Research and development $ 64.6 $ 62.3 $ 60.7 Advertising, promotions and marketing (1) 41.0 42.5 41.9 Cooperative advertising expenditures (2) 14.7 13.7 13.1 Rent expense 57.9 53.5 50.5 (1) Cooperative advertising expenditures were not included in these amounts. (2) Cooperative advertising expenditures were included in Selling, general and administrative expenses in the Consolidated Statements of Operations.

Supplemental Information (Table

Supplemental Information (Tables)	12 Months Ended
	Dec. 31, 2016
Supplemental Information [Abstract]
Summary of expenses in statements of operations	Losses and other expenses, net in our Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Realized losses on settled futures contracts $ 1.1 $ 1.9 $ 0.8 Foreign currency exchange losses 2.2 3.6 1.6 Losses (gains) on disposal of fixed assets 0.5 0.6 (0.3 ) Net change in unrealized losses (gains) on unsettled futures contracts (3.6 ) 0.6 0.6 Asbestos-related litigation 6.3 3.0 0.9 Acquisition expenses 0.4 1.0 — Special legal contingency charges 1.9 7.4 0.9 Environmental liabilities 1.9 1.0 2.0 Contractor tax payments 0.6 2.6 — Other items, net — — 0.3 Losses and other expenses, net $ 11.3 $ 21.7 $ 6.8 Below is information about expenses included in our Consolidated Statements of Operations (in millions): For the Years Ended December 31, 2016 2015 2014 Research and development $ 64.6 $ 62.3 $ 60.7 Advertising, promotions and marketing (1) 41.0 42.5 41.9 Cooperative advertising expenditures (2) 14.7 13.7 13.1 Rent expense 57.9 53.5 50.5 (1) Cooperative advertising expenditures were not included in these amounts. (2) Cooperative advertising expenditures were included in Selling, general and administrative expenses in the Consolidated Statements of Operations.
Summary of components of interest expense	Our Provision for income taxes from continuing operations consisted of the following (in millions): For the Years Ended December 31, 2016 2015 2014 Current: Federal $ 106.0 $ 101.0 $ 84.3 State 14.5 13.1 10.1 Foreign 9.7 3.6 9.6 Total current 130.2 117.7 104.0 Deferred: Federal (4.5 ) (21.4 ) 2.3 State (1.2 ) (0.6 ) 1.0 Foreign (0.4 ) (0.3 ) 2.2 Total deferred (6.1 ) (22.3 ) 5.5 Total provision for income taxes $ 124.1 $ 95.4 $ 109.5 The components of Interest expense, net in our Consolidated Statements of Operations were as follows (in millions): For the Years Ended December 31, 2016 2015 2014 Interest expense, net of capitalized interest $ 28.1 $ 25.2 $ 18.9 Interest income 1.1 1.6 1.7 Interest expense, net $ 27.0 $ 23.6 $ 17.2

Condensed Consolidating Finan55

Condensed Consolidating Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed consolidating balance sheets	Condensed Consolidating Balance Sheets As of December 31, 2016 (In millions) Parent Guarantor Non- Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 1.2 $ 17.1 $ 31.9 $ — $ 50.2 Accounts and notes receivable, net — 30.6 439.2 — 469.8 Inventories, net — 314.7 108.9 (5.1 ) 418.5 Other assets 12.8 48.8 67.5 (61.7 ) 67.4 Total current assets 14.0 411.2 647.5 (66.8 ) 1,005.9 Property, plant and equipment, net — 237.6 123.8 — 361.4 Goodwill — 134.9 60.2 — 195.1 Investment in subsidiaries 1,166.9 524.7 (0.5 ) (1,691.1 ) — Deferred income taxes 6.8 113.5 31.1 (14.7 ) 136.7 Other assets, net 3.6 40.0 19.0 (1.4 ) 61.2 Intercompany receivables (payables), net (382.4 ) 375.2 80.4 (73.2 ) — Total assets $ 808.9 $ 1,837.1 $ 961.5 $ (1,847.2 ) $ 1,760.3 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Short-term debt $ — $ — $ 52.4 $ — $ 52.4 Current maturities of long-term debt 199.3 0.4 0.4 — 200.1 Accounts payable 18.5 248.5 94.2 — 361.2 Accrued expenses 6.3 206.3 53.3 — 265.9 Income taxes payable (54.0 ) 89.8 52.5 (79.3 ) 9.0 Total current liabilities 170.1 545.0 252.8 (79.3 ) 888.6 Long-term debt 600.9 14.5 0.3 — 615.7 Post-retirement benefits, other than pensions — 2.8 — — 2.8 Pensions — 75.5 12.0 — 87.5 Other liabilities — 119.1 11.1 (2.5 ) 127.7 Total liabilities 771.0 756.9 276.2 (81.8 ) 1,722.3 Commitments and contingencies Total stockholders' equity 37.9 1,080.2 685.3 (1,765.4 ) 38.0 Total liabilities and stockholders' equity $ 808.9 $ 1,837.1 $ 961.5 $ (1,847.2 ) $ 1,760.3 Condensed Consolidating Balance Sheets As of December 31, 2015 (In millions) Parent Guarantor Non-Guarantor Eliminations Consolidated ASSETS Current Assets: Cash and cash equivalents $ 0.5 $ 7.8 $ 30.6 $ — $ 38.9 Accounts and notes receivable, net — 25.9 396.9 — 422.8 Inventories, net — 324.3 98.9 (4.4 ) 418.8 Other assets 3.3 46.9 67.4 (59.9 ) 57.7 Total current assets 3.8 404.9 593.8 (64.3 ) 938.2 Property, plant and equipment, net — 261.8 77.8 — 339.6 Goodwill — 134.9 60.2 — 195.1 Investment in subsidiaries 879.0 337.6 (0.6 ) (1,216.0 ) — Deferred income taxes 5.4 126.6 28.4 (14.7 ) 145.7 Other assets, net 1.5 38.2 20.6 (1.5 ) 58.8 Intercompany receivables (payables), net (278.6 ) 253.3 25.3 — — Total assets $ 611.1 $ 1,557.3 $ 805.5 $ (1,296.5 ) $ 1,677.4 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Short-term debt $ — $ — $ 204.1 $ — $ 204.1 Current maturities of long-term debt 29.8 0.8 0.4 — 31.0 Accounts payable 16.1 237.9 66.1 — 320.1 Accrued expenses 15.8 176.7 50.1 — 242.6 Income taxes payable (43.0 ) 106.6 37.9 (75.5 ) 26.0 Total current liabilities 18.7 522.0 358.6 (75.5 ) 823.8 Long-term debt 490.4 15.1 0.5 — 506.0 Post-retirement benefits, other than pensions — 4.1 — — 4.1 Pensions — 111.9 8.9 — 120.8 Other liabilities 0.4 114.4 10.5 (4.2 ) 121.1 Total liabilities 509.5 767.5 378.5 (79.7 ) 1,575.8 Commitments and contingencies Total stockholders' equity 101.6 789.8 427.0 (1,216.8 ) 101.6 Total liabilities and stockholders' equity $ 611.1 $ 1,557.3 $ 805.5 $ (1,296.5 ) $ 1,677.4
Condensed consolidating statements of operations and comprehensive income	Condensed Consolidating Statements of Operations and Comprehensive Income For the Year Ended December 31, 2016 (In millions) Parent Guarantor Non- Eliminations Consolidated Net Sales $ — $ 3,117.6 $ 728.0 $ (204.0 ) $ 3,641.6 Cost of goods sold — 2,203.8 564.5 (203.2 ) 2,565.1 Gross profit — 913.8 163.5 (0.8 ) 1,076.5 Operating expenses: Selling, general and administrative expenses — 524.3 96.7 — 621.0 Losses and other expenses, net (3.3 ) 9.7 5.1 (0.2 ) 11.3 Restructuring charges — 1.9 (0.1 ) — 1.8 Goodwill impairment — — — — — Asset impairment — — — — — Pension settlement — 30.5 0.9 — 31.4 Income from equity method investments (292.4 ) (40.7 ) (14.4 ) 329.1 (18.4 ) Operational income 295.7 388.1 75.3 (329.7 ) 429.4 Interest expense, net 24.4 (2.2 ) 4.8 — 27.0 Other expense, net — — (0.3 ) — (0.3 ) Income from continuing operations before income taxes 271.3 390.3 70.8 (329.7 ) 402.7 Provision for income taxes (6.5 ) 108.2 22.6 (0.2 ) 124.1 Income from continuing operations 277.8 282.1 48.2 (329.5 ) 278.6 Loss from discontinued operations — — (0.8 ) — (0.8 ) Net income $ 277.8 $ 282.1 $ 47.4 $ (329.5 ) $ 277.8 Other comprehensive income (loss) $ 14.0 $ 8.5 $ (14.2 ) $ 1.3 $ 9.6 Comprehensive Income $ 291.8 $ 290.6 $ 33.2 $ (328.2 ) $ 287.4 Condensed Consolidating Statements of Operations and Comprehensive Income For the Year Ended December 31, 2015 (In millions) Parent Guarantor Subsidiaries Non- Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 2,950.6 $ 701.8 $ (185.0 ) $ 3,467.4 Cost of goods sold — 2,150.9 556.4 (187.3 ) 2,520.0 Gross profit — 799.7 145.4 2.3 947.4 Operating expenses: Selling, general and administrative expenses — 485.6 94.9 — 580.5 Losses (gains) and other expenses, net 0.7 13.7 7.5 (0.2 ) 21.7 Restructuring charges — (0.5 ) 3.7 — 3.2 Goodwill Impairment — 5.5 — — 5.5 Asset Impairment — 44.5 — — 44.5 Pension settlement — — — — — (Income) loss from equity method investments (201.8 ) (5.9 ) (10.5 ) 204.8 (13.4 ) Operational income 201.1 256.8 49.8 (202.3 ) 305.4 Interest expense, net 22.4 (2.0 ) 3.2 — 23.6 Other expense, net — — (0.8 ) — (0.8 ) Income from continuing operations before income taxes 178.7 258.8 47.4 (202.3 ) 282.6 Provision for income taxes (7.8 ) 87.9 14.3 1.0 95.4 Income from continuing operations 186.5 170.9 33.1 (203.3 ) 187.2 Loss from discontinued operations — — (0.6 ) — (0.6 ) Net income $ 186.5 $ 170.9 $ 32.5 $ (203.3 ) $ 186.6 Other comprehensive income (loss) $ (3.5 ) $ (3.3 ) $ (40.4 ) $ (4.0 ) $ (51.2 ) Comprehensive income $ 183.0 $ 167.6 $ (7.9 ) $ (207.3 ) $ 135.4 Condensed Consolidating Statements of Operations and Comprehensive Income For the Year Ended December 31, 2014 (In millions) Parent Guarantor Non-Guarantor Eliminations Consolidated Net Sales $ — $ 2,775.7 $ 818.0 $ (226.3 ) $ 3,367.4 Cost of goods sold — 2,057.8 628.3 (222.0 ) 2,464.1 Gross profit — 717.9 189.7 (4.3 ) 903.3 Operating expenses: Selling, general and administrative expenses — 454.5 119.2 — 573.7 Losses and other expenses, net — 3.2 3.6 — 6.8 Restructuring charges — 0.4 1.5 — 1.9 Goodwill impairment — — — — — Asset impairment — — — — — Pension settlement — — — — — Income from equity method investments (216.4 ) (25.4 ) (11.3 ) 239.3 (13.8 ) Operational income 216.4 285.2 76.7 (243.6 ) 334.7 Interest expense, net 16.0 (3.0 ) 4.2 — 17.2 Other expense, net — — (0.1 ) — (0.1 ) Income from continuing operations before income taxes 200.4 288.2 72.6 (243.6 ) 317.6 Provision for income taxes (5.6 ) 91.7 24.9 (1.5 ) 109.5 Income from continuing operations 206.0 196.5 47.7 (242.1 ) 208.1 Loss from discontinued operations — — (2.3 ) — (2.3 ) Net income $ 206.0 $ 196.5 $ 45.4 $ (242.1 ) $ 205.8 Other comprehensive income (loss) $ (4.1 ) $ (51.2 ) $ (34.8 ) $ (2.3 ) $ (92.4 ) Comprehensive Income $ 201.9 $ 145.3 $ 10.6 $ (244.4 ) $ 113.4
Condensed consolidating statements of cash flows	Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2016 (In millions) Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: $ (1.6 ) $ 218.5 $ 137.6 $ — $ 354.5 Cash flows from investing activities: Proceeds from the disposal of property, plant and equipment — — 0.2 — 0.2 Purchases of property, plant and equipment — (71.5 ) (12.8 ) — (84.3 ) Net cash used in investing activities — (71.5 ) (12.6 ) — (84.1 ) Cash flows from financing activities: Short-term borrowings, net — — (2.4 ) — (2.4 ) Asset securitization borrowings — — 145.0 — 145.0 Asset securitization payments — — (295.0 ) — (295.0 ) Long-term debt borrowings 350.0 — — — 350.0 Borrowings from credit facility 2,336.5 — — — 2,336.5 Long-term debt payments (57.5 ) (0.9 ) (0.4 ) — (58.8 ) Payments on credit facility (2,346.0 ) — — — (2,346.0 ) Payments of deferred financing costs (4.2 ) — — — (4.2 ) Proceeds from employee stock purchases 2.6 — — — 2.6 Repurchases of common stock to satisfy employee withholding tax obligations (33.3 ) — — — (33.3 ) Repurchases of common stock (300.0 ) — — — (300.0 ) Excess tax benefits related to share-based payments 19.4 — — — 19.4 Intercompany debt 30.0 (65.8 ) 35.8 — — Intercompany financing activity 73.8 (71.0 ) (2.8 ) — — Cash dividends paid (69.0 ) — — — (69.0 ) Net cash provided by (used in) financing activities 2.3 (137.7 ) (119.8 ) — (255.2 ) Increase (decrease) in cash and cash equivalents 0.7 9.3 5.2 — 15.2 Effect of exchange rates on cash and cash equivalents — — (3.9 ) — (3.9 ) Cash and cash equivalents, beginning of year 0.5 7.8 30.6 — 38.9 Cash and cash equivalents, end of year $ 1.2 $ 17.1 $ 31.9 $ — $ 50.2 Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2015 (In millions) Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: $ 226.9 $ 49.3 $ 55.0 $ — $ 331.2 Cash flows from investing activities: Proceeds from the disposal of property, plant and equipment — 0.1 — — 0.1 Purchases of property, plant and equipment — (60.2 ) (9.7 ) — (69.9 ) Net cash used in investing activities — (60.1 ) (9.7 ) — (69.8 ) Cash flows from financing activities: Short-term borrowings, net — — (1.7 ) — (1.7 ) Asset securitization borrowings — — 40.0 — 40.0 Asset securitization payments — — (60.0 ) — (60.0 ) Long-term debt borrowings — — — — — Borrowings from credit facility 1,671.0 — — — 1,671.0 Long-term debt payments (22.5 ) (1.2 ) (0.3 ) — (24.0 ) Payments on credit facility (1,807.5 ) — — — (1,807.5 ) Payments of deferred financing costs — — — — — Proceeds from employee stock purchases 2.4 — — — 2.4 Repurchases of common stock to satisfy employee withholding tax obligations (32.0 ) — — — (32.0 ) Repurchases of common stock — — — — — Excess tax benefits related to share-based payments 22.4 — — — 22.4 Intercompany debt (9.4 ) 7.1 2.3 — — Intercompany financing activity 7.5 1.2 (8.7 ) — — Cash dividends paid (59.3 ) — — — (59.3 ) Net cash provided by (used in) financing activities (227.4 ) 7.1 (28.4 ) — (248.7 ) Increase (decrease) in cash and cash equivalents (0.5 ) (3.7 ) 16.9 — 12.7 Effect of exchange rates on cash and cash equivalents — — (11.3 ) — (11.3 ) Cash and cash equivalents, beginning of year 1.0 11.5 25.0 — 37.5 Cash and cash equivalents, end of year $ 0.5 $ 7.8 $ 30.6 $ — $ 38.9 Condensed Consolidating Statements of Cash Flows For the Year Ended December 31, 2014 (In millions) Parent Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Cash flows from operating activities: $ 328.8 $ (97.2 ) $ (46.8 ) $ — $ 184.8 Cash flows from investing activities: Proceeds from the disposal of property, plant and equipment — 1.0 0.1 — 1.1 Purchases of property, plant and equipment — (70.5 ) (17.9 ) — (88.4 ) Net cash used in investing activities — (69.5 ) (17.8 ) — (87.3 ) Cash flows from financing activities: Short-term borrowings, net — — 1.5 — 1.5 Asset securitization borrowings — — 100.0 — 100.0 Asset securitization payments — — (40.0 ) — (40.0 ) Long-term debt borrowings 300.0 — — — 300.0 Borrowings from revolving credit facility 2,073.5 — — — 2,073.5 Long-term debt payments — (1.9 ) (0.4 ) — (2.3 ) Payments on revolving credit facility (1,908.5 ) — — — (1,908.5 ) Payments of deferred financing costs (2.2 ) — — — (2.2 ) Proceeds from employee stock purchases 2.0 — — — 2.0 Repurchases of common stock to satisfy employee withholding tax obligations (22.4 ) — — — (22.4 ) Repurchases of common stock (550.3 ) — — — (550.3 ) Excess tax benefits related to share-based payments 11.8 — — — 11.8 Intercompany debt (0.1 ) 4.7 (4.6 ) — — Intercompany financing activity (180.1 ) 164.9 15.2 — — Cash dividends paid (52.6 ) — — — (52.6 ) Net cash provided by (used in) financing activities (328.9 ) 167.7 71.7 — (89.5 ) Decrease in cash and cash equivalents (0.1 ) 1.0 7.1 — 8.0 Effect of exchange rates on cash and cash equivalents — — (8.5 ) — (8.5 ) Cash and cash equivalents, beginning of year 1.1 10.5 26.4 — 38.0 Cash and cash equivalents, end of year $ 1.0 $ 11.5 $ 25.0 $ — $ 37.5

Nature of Operations (Details)

Nature of Operations (Details)	12 Months Ended
	Dec. 31, 2016Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable business segments	3

Summary of Significant Accoun57

Summary of Significant Accounting Policies (Inventories) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Inventories	$ 221.4	$ 212.4

Summary of Significant Accoun58

Summary of Significant Accounting Policies (Property, Plant and Equipment) (Details)	12 Months Ended
	Dec. 31, 2016
Building and Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	2 years
Building and Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	30 years
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	1 year
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	20 years
Computer Hardware [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	3 years
Computer Hardware [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	15 years
Computer Software [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	3 years
Computer Software [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	10 years
Factory Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	1 year
Factory Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	15 years
Research and Development Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	3 years
Research and Development Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	10 years
Vehicles [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	2 years
Vehicles [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of property, plant and equipment	6 years

Summary of Significant Accoun59

Summary of Significant Accounting Policies (Intangible Assets) (Details) - Maximum [Member]	12 Months Ended
	Dec. 31, 2016
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful Life	12 years
Patents and Others [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Useful Life	20 years

Summary of Significant Accoun60

Summary of Significant Accounting Policies (Product Warranties) (Details)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Minimum product warranty term	1 year
Maximum product warranty term	20 years

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Inventory [Line Items]
reserve balance obsolete and slow moving inventories	$ 19.7	$ 21.5
Finished goods	287.2	300
Work in process	5.1	4.2
Raw materials and repair parts	183.4	178.3
Total	475.7	482.5
Excess of current cost over last-in, first-out cost	(57.2)	(63.7)
Total inventories, net	418.5	418.8
Pre-tax income (loss) from LIFO inventory liquidations	$ 0.2	$ 0.2	$ 0.9

Goodwill and Intangible Asset62

Goodwill and Intangible Assets (Goodwill) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Goodwill
Beginning Balance		$ 195.1	$ 209.4
Impairment	$ 5.5	0	5.5	$ 0
Other		0	(8.8)
Ending Balance	195.1	195.1	195.1	209.4
Goodwill, accumulated impairment losses					$ 15.7
Residential Heating & Cooling [Member]
Goodwill
Beginning Balance		26.1	26.1
Impairment		0	0
Other		0	0
Ending Balance	26.1	26.1	26.1	26.1
Commercial Heating & Cooling [Member]
Goodwill
Beginning Balance		60.6	62.3
Impairment		0	0
Other		(0.5)	(1.7)
Ending Balance	60.6	60.1	60.6	62.3
Refrigeration [Member]
Goodwill
Beginning Balance		108.4	121
Impairment		0	5.5
Other		0.5	(7.1)
Ending Balance	$ 108.4	$ 108.9	$ 108.4	$ 121

Goodwill and Intangible Asset63

Goodwill and Intangible Assets (Intangible Assets) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 28.6	$ 27.1
Accumulated Amortization	(21.3)	(20.9)
Net Amount	7.3	6.2
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Amount	15.9	15.9
Accumulated Amortization	(14.9)	(14.6)
Net Amount	1	1.3
Patents and Others [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Amount	12.7	11.2
Accumulated Amortization	(6.4)	(6.3)
Net Amount	$ 6.3	$ 4.9

Goodwill and Intangible Asset64

Goodwill and Intangible Assets (Intangible Assets, Amortization Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 0.4	$ 2.7	$ 2.9

Goodwill and Intangible Asset65

Goodwill and Intangible Assets (Intangible Assets, Estimated Amortization Expense) (Details) $ in Millions	Dec. 31, 2016USD ($)
Estimated Future Amortization Expense:
2,016	$ 0.4
2,017	0.4
2,018	0.4
2,019	0.4
2,020	0.2
Thereafter	$ 5.5

Goodwill and Intangible Asset66

Goodwill and Intangible Assets (Intangible Assets Textuals) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Indefinite-lived intangible assets, primarily consisting of trademarks	$ 4,300,000	$ 4,300,000
Impairment of intangible assets	$ 21,200,000	$ 0	$ 0

Property, Plant and Equipment67

Property, Plant and Equipment (Components) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Land	$ 33.9	$ 33.9
Buildings and improvements	218.2	211.8
Machinery and equipment	742.1	699.4
Capital leases	27.3	27.1
Construction in progress and equipment not yet in service	57.1	50.3
Total	1,078.6	1,022.5
Less accumulated depreciation	(717.2)	(682.9)
Property, plant and equipment, net	$ 361.4	$ 339.6	$ 358.6

Property, Plant and Equipment68

Property, Plant and Equipment (Textuals) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Impairment charges		$ 0	$ 0
North America [Member]
Property, Plant and Equipment [Line Items]
Impairment charges	$ 23.3

Joint Ventures and Other Equi69

Joint Ventures and Other Equity Investments Joint Ventures and Other Equity Investments (Textuals) (Details)	Dec. 31, 2016joint_venture
Schedule of Equity Method Investments [Line Items]
Number of joint ventures	2
United States [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of ownership in joint ventures	25.00%
Mexico [Member]
Schedule of Equity Method Investments [Line Items]
Percentage of ownership in joint ventures	50.00%

Joint Ventures and Other Equi70

Joint Ventures and Other Equity Investments (Combined Balance of Equity Method Investments) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
Equity method investments	$ 30.7	$ 30.3

Joint Ventures and Other Equi71

Joint Ventures and Other Equity Investments (Purchases of Compressors) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]
Purchases of compressors from joint venture	$ 97.7	$ 103.5	$ 114.7

Accrued Expenses (Details)

Accrued Expenses (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued compensation and benefits	$ 89.8	$ 69
Accrued rebates and promotions	8.2	9.2
Accrued warranties	6.4	6.8
Accrued Sales, Use, Property and VAT taxes	30	26.7
Accrued asbestos reserves	9.8	7.7
Self insurance reserves	20.2	15.4
Deferred income	64.6	53.6
Derivative contracts	4	14.4
Other	32.9	39.8
Total Accrued expenses	$ 265.9	$ 242.6

Derivatives (Cash Flow Hedges i

Derivatives (Cash Flow Hedges in AOCI) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Cash flow hedge derivative gains (losses) expected to be reclassified into earnings within the next 12 months	$ 4.5
Commodity Price Hedges [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized (gains) losses on unsettled contracts	(8.9)	$ 13.2
Income tax expense (benefit)	3.3	(4.8)
Losses included in AOCI, net of tax	$ (5.6)	$ 8.4

Derivatives (Outstanding Commod

Derivatives (Outstanding Commodity Futures Contracts) (Details) - lb lb in Millions	Dec. 31, 2016	Dec. 31, 2015
Copper [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional Amounts	2.4	3.3
Copper [Member] | Cash Flow Hedging [Member]
Derivative [Line Items]
Notional Amounts	30.4	34.7
Aluminum [Member] | Not Designated as Hedging Instrument [Member]
Derivative [Line Items]
Notional Amounts	2.6	3.2

Derivatives (Outstanding Foreig

Derivatives (Outstanding Foreign Currency Forward Contracts) (Details) - Foreign Currency Forward Contracts [Member] € in Millions, ₨ in Millions, PLN in Millions, MXN in Millions, CAD in Millions, BRL in Millions, $ in Millions

Dec. 31, 2016EUR (€)

Dec. 31, 2016PLN

Dec. 31, 2016USD ($)

Dec. 31, 2016MXN

Dec. 31, 2016CAD

Dec. 31, 2016INR (₨)

Dec. 31, 2016BRL

Dec. 31, 2015EUR (€)

Dec. 31, 2015PLN

Dec. 31, 2015USD ($)

Dec. 31, 2015MXN

Dec. 31, 2015CAD

Dec. 31, 2015INR (₨)

Dec. 31, 2015BRL

Not Designated as Hedging Instrument [Member]

Derivative [Line Items]

Notional amounts (in local currency)

€ 46.9

PLN 0

$ 1.3

MXN 64.5

₨ 584.6

BRL 10.5

€ 3.2

PLN 25.4

$ 0

MXN 53

₨ 30.8

BRL 0

Cash Flow Hedging [Member]

Derivative [Line Items]

Notional amounts (in local currency) | MXN

MXN 310.1

MXN 201.4

Canada, Dollars | Designated as Hedging Instrument [Member]

Derivative [Line Items]

Notional amounts (in local currency) | CAD

CAD 24.9

CAD 0

Derivatives (Locations and Amou

Derivatives (Locations and Amounts of Derivative Fair Values) (Details) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total Assets	$ 11.1	$ 0
Total Liabilities	0.8	13.3
Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	8.7	0
Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Non-Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	1.9	0
Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0	12.5
Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0	0.4
Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.5	0
Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Non-Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0	0
Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0.8	0.4
Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0	0
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total Assets	1.1	0.2
Total Liabilities	3.2	1.5
Not Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.7	0
Not Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Non-Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.2	0
Not Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0	1.5
Not Designated as Hedging Instrument [Member] | Commodity Futures Contracts [Member] | Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0	0
Not Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.2	0.2
Not Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Non-Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0	0
Not Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	3.2	0
Not Designated as Hedging Instrument [Member] | Foreign Currency Forward Contracts [Member] | Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Assets	$ 0	$ 0

Derivatives (Derivatives in Cas

Derivatives (Derivatives in Cash Flow Hedging Relationships) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Not Designated as Hedging Instrument [Member]
Effect of Derivative Instruments on Consolidated Statements of Operations
Amount of Loss (Gain) Recognized in Income on Derivatives	$ 3.4	$ 2.8	$ 0.4
Not Designated as Hedging Instrument [Member] | Losses and Other Expenses, Net [Member] | Commodity Futures Contracts [Member]
Effect of Derivative Instruments on Consolidated Statements of Operations
Amount of Loss (Gain) Recognized in Income on Derivatives	(0.9)	2.5	1.2
Not Designated as Hedging Instrument [Member] | Losses and Other Expenses, Net [Member] | Foreign Currency Forward Contracts [Member]
Effect of Derivative Instruments on Consolidated Statements of Operations
Amount of Loss (Gain) Recognized in Income on Derivatives	4.3	0.3	(0.8)
Cash Flow Hedging [Member] | Cost of Goods Sold [Member] | Commodity Futures Contracts [Member]
Effect of Derivative Instruments on Consolidated Statements of Operations
Amount of Loss (Gain) Reclassified from AOCI into Income (Effective Portion)	12.3	12.5	5.8
Cash Flow Hedging [Member] | Losses and Other Expenses, Net [Member] | Commodity Futures Contracts [Member]
Effect of Derivative Instruments on Consolidated Statements of Operations
Amount of Loss (Gain) Recognized in Income on Derivatives (Ineffective Portion)	$ (1.6)	$ 0.1	$ 0.1

Income Taxes (Provision for Inc

Income Taxes (Provision for Income Taxes) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal	$ 106	$ 101	$ 84.3
State	14.5	13.1	10.1
Foreign	9.7	3.6	9.6
Total current	130.2	117.7	104
Deferred:
Federal	(4.5)	(21.4)	2.3
State	(1.2)	(0.6)	1
Foreign	(0.4)	(0.3)	2.2
Total deferred	(6.1)	(22.3)	5.5
Total provision for income taxes	$ 124.1	$ 95.4	$ 109.5

Income Taxes (Income from Conti

Income Taxes (Income from Continuing Operations Before Income Taxes) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract]
Domestic	$ 374.8	$ 276.7	$ 283.7
Foreign	27.9	5.9	33.9
Income from continuing operations before income taxes	$ 402.7	$ 282.6	$ 317.6

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Income Tax Rate) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Provision at the U.S. statutory rate of 35%	$ 141	$ 98.9	$ 111.2
U.S. statutory rate (as a percent)	35.00%	35.00%	35.00%
Increase (reduction) in tax expense resulting from:
State income tax, net of federal income tax benefit	$ 12.8	$ 8	$ 8.8
Other permanent items	4.2	(9.1)	(8.2)
Tax credits, net of unrecognized tax benefits	(27.9)	(0.7)	0
Change in unrecognized tax benefits	(0.3)	(0.9)	0.2
Change in valuation allowance	(4.3)	(0.6)	0.2
Foreign taxes at rates other than 35% and miscellaneous other	(1.4)	(0.2)	(2.7)
Total provision for income taxes	$ 124.1	$ 95.4	$ 109.5

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets (Liabilities)) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating Loss Carryforwards [Line Items]
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 2.4
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	1.6	$ 2.6
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	16.8	16.1
Required Future Foreign Taxable Income	62.7
Domestic Taxable Income	315	225.7
Undistributed Earnings of Foreign Subsidiaries	107.7
Gross deferred tax assets:
Warranties	36.3	33.7
Loss carryforwards (foreign, U.S. and state)	19.8	20
Post-retirement and pension benefits	33.9	47.7
Inventory reserves	9.6	9
Receivables allowance	4.5	4.1
Compensation liabilities	20.6	19.3
Deferred income	1.5	1.6
Insurance liabilities	6.5	6.3
Legal reserves	12	10.9
Hedges	0	5.3
State credits, net of federal effect	18.4	8.3
Other	5.4	7.1
Total deferred tax assets	168.5	173.3
Valuation allowance	(17.1)	(19.9)
Total deferred tax assets, net of valuation allowance	151.4	153.4
Gross deferred tax liabilities:
Depreciation	(3.3)	(2.5)
Deferred Tax Liabilities, Derivatives	(3.2)	0
Intangibles	(4.9)	(2.2)
Other	(3.3)	(3)
Total deferred tax liabilities	(14.7)	(7.7)
Net deferred tax assets	$ 136.7	$ 145.7

Income Taxes (Reconciliation 82

Income Taxes (Reconciliation of Unrecognized Tax Benefits) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of the beginning and ending amount of unrecognized tax benefits
Balance as of beginning of period	$ 0.5	$ 1.6
Increases related to prior year tax positions	1	0.5
Decreases related to prior year tax positions	0	(1.2)
Increases related to current year tax positions	1.4	0
Settlement	(0.5)	(0.4)
Balance as of end of period	$ 2.4	$ 0.5

Income Taxes (Textuals) (Detail

Income Taxes (Textuals) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Tax effected in state net operating loss carryforwards	$ 1.6	$ 2.6
Tax effected in foreign net operating loss carryforwards	16.8	16.1
Future foreign taxable income	62.7
U.S. taxable income	315	$ 225.7
Undistributed earnings of foreign subsidiaries	107.7
Unrecognized tax benefits that would impact the effective tax rate	$ 2.4

Commitments and Contingencies84

Commitments and Contingencies (Future Minimum Lease Payments) (Details) $ in Millions	Dec. 31, 2016USD ($)
Operating Leases
2,016	$ 48.3
2,017	38.1
2,018	27.5
2,019	16.9
2,020	9.8
Thereafter	18.2
Total minimum lease payments	158.8
Capital Leases
2,016	1.4
2,017	0.8
2,018	0.2
2,019	0.1
2,020	0
Thereafter	14.6
Total minimum lease payments	17.1
Less amount representing interest	0.4
Present value of minimum payments	$ 16.7

Commitments and Contingencies85

Commitments and Contingencies (Environmental Accruals) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Accrued expenses	$ 1.2	$ 1.3
Other liabilities	4.4	4
Total environmental accruals	$ 5.6	$ 5.3

Commitments and Contingencies86

Commitments and Contingencies (Product Warranty Liabilties) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Loss Contingencies [Line Items]
Loss Contingency Accrual, Product Liability, Net	$ 0.9
Accrued expenses	30	$ 26.7
Other liabilities	71.1	65.6
Total product warranty liabilities	101.1	$ 92.3	$ 87.2
Minimum [Member]
Loss Contingencies [Line Items]
Product Liability Contingency, Loss Exposure Not Accrued, Best Estimate	0.9
Maximum [Member]
Loss Contingencies [Line Items]
Product Liability Contingency, Loss Exposure Not Accrued, Best Estimate	$ 9.1

Commitments and Contingencies87

Commitments and Contingencies (Change in Product Warranty Liabilities) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Changes in the total warranty liabilities
Total warranty liability as of beginning of period	$ 92.3	$ 87.2
Payments made	(24.7)	(27.2)
Changes resulting from issuance of new warranties	36.2	37.1
Changes in estimates associated with pre-existing liabilities	(2.6)	(2.6)
Changes in foreign currency translation rates and other	(0.1)	(2.2)
Total warranty liability as of end of period	101.1	$ 92.3
Minimum [Member]
Loss Contingencies [Line Items]
Product Liability Contingency, Loss Exposure Not Accrued, Best Estimate	0.9
Maximum [Member]
Loss Contingencies [Line Items]
Product Liability Contingency, Loss Exposure Not Accrued, Best Estimate	$ 9.1

Commitments and Contingencies88

Commitments and Contingencies (Self-insurance Liabilities) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Accrued expenses	$ 8.2	$ 9.2
Other liabilities	22.7	23.9
Total self-insurance liabilities	$ 30.9	$ 33.1

Commitments and Contingencies89

Commitments and Contingencies (Textuals) (Details) ft² in Millions	Mar. 22, 2013USD ($)ft²	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Loss Contingencies [Line Items]
Number of years of lease of corporate headquarters	6 years
Area of leased office building (in square feet) | ft²	0.2
Purchase price of property at end of lease term	$ 41,200,000
Percentage of lease balance as final payment end of lease term	86.00%
Debt covenant, debt not paid when due	$ 75,000,000
Accrued product liability		$ 900,000
Expense for known and future asbestos-related litigation		6,300,000	$ 3,000,000	$ 900,000
Maximum [Member]
Loss Contingencies [Line Items]
Estimated probable liability for a supplier quality issue, minimum		9,100,000
Minimum [Member]
Loss Contingencies [Line Items]
Estimated probable liability for a supplier quality issue, minimum		$ 900,000

Lines of Credit and Financing90

Lines of Credit and Financing Arrangements (Outstanding Debt Obligations) (Details) - USD ($)	Dec. 31, 2016	Nov. 01, 2016	Dec. 31, 2015	May 31, 2010
Short-Term Debt:
Total short-term debt	$ 52,400,000		$ 204,100,000
Current maturities of long-term debt:
Capital lease obligations	800,000		1,200,000
Domestic credit facility	200,100,000		31,000,000
Long-Term Debt:
Capital lease obligations	15,000,000		15,600,000
Total long-term debt	615,700,000		506,000,000
Debt Issuance Cost, Gross, Noncurrent	(5,300,000)		(2,600,000)
Total debt	868,200,000		741,100,000
Domestic Credit Facility [Member]
Current maturities of long-term debt:
Domestic credit facility	0		30,000,000
Debt Issuance Costs, Gross, Current	(700,000)		(200,000)
Long-Term Debt:
Total long-term debt	256,000,000		293,000,000
Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		$ 350,000,000		$ 200,000,000
Current maturities of long-term debt:
Domestic credit facility	200,000,000		0
Long-Term Debt:
Total long-term debt	350,000,000		200,000,000
Asset Securitization Program [Member]
Short-Term Debt:
Total short-term debt	50,000,000		200,000,000
Foreign Obligations [Member]
Short-Term Debt:
Total short-term debt	$ 2,400,000		$ 4,100,000

Lines of Credit and Financing91

Lines of Credit and Financing Arrangements (Principal Payments on Total Debt) (Details) $ in Millions	Dec. 31, 2016USD ($)
Debt Disclosure [Abstract]
2,016	$ 253.2
2,017	33.3
2,018	30
2,019	30
2,020	166
Thereafter	$ 361.7

Lines of Credit and Financing92

Lines of Credit and Financing Arrangements (Short Term Facility) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Short-term debt	$ 52.4	$ 204.1
Foreign Line of Credit [Member]
Short-term Debt [Line Items]
Short-term debt	2.4	4.1
Proceeds from Short-term Debt	28.4	79
Repayments of Short-term Debt	$ 30.8	$ 85.4

Lines of Credit and Financing93

Lines of Credit and Financing Arrangements (Foreign Obligations) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Short-term debt		$ 52.4	$ 204.1
Proceeds from the facilities	$ 85.3
Repayments on the facilities	$ 87.8
Foreign Obligations [Member]
Short-term Debt [Line Items]
Short-term debt		$ 2.4	$ 4.1

Lines of Credit and Financing94

Lines of Credit and Financing Arrangements (Asset Securitization Program) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Eligible amounts available and beneficial interests sold
Eligible amount available under the ASP on qualified accounts receivable	$ 250	$ 220
Beneficial interest sold	50	200
Remaining amount available	$ 200	$ 20

Lines of Credit and Financing95

Lines of Credit and Financing Arrangements (Asset Securitization Program, Textuals) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Jul. 05, 2016	Dec. 31, 2015	Nov. 30, 2015
Line of Credit Facility [Line Items]
Maximum securitization, amount				$ 220,000,000
Maximum securitization as percentage of net pool balance	100.00%
Program fee (as a percent)	0.65%
Average floating commercial paper rate (as a percent)	1.66%		1.06%
Unused fee (as a percent)	102.00%
Fixed rate of agreement (as a percent)	0.325%
Unused fee charged on incremental available amounts (as a percent)	0.05%
Line of Credit [Member]
Line of Credit Facility [Line Items]
Minimum amount of principal or interest due on indebtedness or receivable securitization	$ 75,000,000
Maximum [Member]
Line of Credit Facility [Line Items]
Amount Available Under Asset Securitization		$ 325,000,000
Minimum [Member]
Line of Credit Facility [Line Items]
Asset Securitization Unused Fee Charge On Incremental Amount above	$ 200,000,000
Amount Available Under Asset Securitization		$ 200,000,000	$ 180,000,000

Lines of Credit and Financing96

Lines of Credit and Financing Arrangements (Domestic Credit Facility) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Aug. 30, 2016	Nov. 13, 2014
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit, maximum borrowing capacity			$ 650,000,000
Domestic Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit, maximum borrowing capacity		$ 900,000,000	950,000,000
Outstanding borrowings	$ 256,000,000
Standby letters of credit	4,400,000
Line of credit, available for future borrowings	609,600,000
Maximum increase in credit facility	350,000,000
Domestic Credit Facility [Member] | Medium-term Notes [Member]
Line of Credit Facility [Line Items]
Debt instrument, face amount			$ 250,000,000
Outstanding borrowings	220,000,000
Quarterly principal repayments	7,500,000
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Line of credit, maximum borrowing capacity	100,000,000
Subfacility for Swingline Loans [Member]
Line of Credit Facility [Line Items]
Line of credit, maximum borrowing capacity	65,000,000
Line of Credit [Member]
Line of Credit Facility [Line Items]
Minimum amount of principal or interest due on indebtedness or receivable securitization	$ 75,000,000

Lines of Credit and Financing97

Lines of Credit and Financing Arrangements (Weighted Average Borrowing Rate) (Details)	Dec. 31, 2016	Dec. 31, 2015
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Weighted average borrowing rate (as a percent)	2.00%	1.90%

Lines of Credit and Financing98

Lines of Credit and Financing Arrangements (Required Ratios Under the Domestic Credit Facility) (Details) - Revolving Credit Facility [Member]	12 Months Ended
	Dec. 31, 2016
Maximum [Member]
Line of Credit Facility [Line Items]
Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than	2
Minimum [Member]
Line of Credit Facility [Line Items]
Cash Flow to Net Interest Expense Ratio no less than	3

Lines of Credit and Financing99

Lines of Credit and Financing Arrangements (Senior Unsecured Notes) (Details) - Senior Unsecured Notes [Member] - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Nov. 01, 2016	May 31, 2010
Debt Instrument [Line Items]
Debt issued			$ 350,000,000	$ 200,000,000
Fixed interest rate for senior unsecured notes			3.00%	4.90%
Maturity date of senior unsecured notes	Nov. 15, 2023	May 15, 2017
Minimum amount of principal or interest due on indebtedness or receivable securitization		$ 75,000,000
Number of days within notice date acceleration is not rescinded		30 days

Employee Benefit Plans (Contrib

Employee Benefit Plans (Contributions to Defined Contribution Plans) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined Benefit Plans, General Information	3.2
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	$50.6 million.
Contributions to defined contribution plans	$ 16,300,000	$ 16,100,000	$ 14,800,000
Discontinued Operations [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contributions to defined contribution plans	$ 0

Employee Benefit Plans (Plans'

Employee Benefit Plans (Plans' Funded Status) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Changes in plan assets:
Fair value of plan assets at beginning of year	$ 293
Fair value of plan assets at end of year	292.5	$ 293
Pension Benefits [Member]
Pension and Postretirement Benefit Plans recognized in financial statements
Accumulated benefit obligation	374.1	409.2
Changes in projected benefit obligation:
Benefit obligation at beginning of year	415.4	446.5
Service cost	4.4	4.8	$ 4.2
Interest cost	15.3	17.2	17.7
Plan participants' contributions	0	0
Amendments	0.1	0.1
Other	0	0
Actuarial (gain) loss	22.8	(29.6)
Effect of exchange rates	(3.8)	(5.2)
Divestiture	0	0
Settlements and curtailments	(50.6)	(0.8)
Benefits paid	(22)	(17.6)
Benefit obligation at end of year	381.6	415.4	446.5
Changes in plan assets:
Fair value of plan assets at beginning of year	293	315
Actual gain return on plan assets	21	(3.2)
Employer contribution	53.9	3.8
Plan participants' contributions	0	0
Effect of exchange rates	(2.8)	(4.2)
Divestiture	0	0
Plan settlements	(50.6)	(0.8)
Benefits paid	(22)	(17.6)
Fair value of plan assets at end of year	292.5	293	315
Funded status / net amount recognized	(89.1)	(122.4)
Net amount recognized consists of:
Current liability	(1.6)	(1.6)
Non-current liability	(87.5)	(120.8)
Net amount recognized	(89.1)	(122.4)
Other Benefits [Member]
Changes in projected benefit obligation:
Benefit obligation at beginning of year	4.9	5.4
Service cost	0	0	0
Interest cost	0.1	0.2	0.2
Plan participants' contributions	0.3	0.5
Amendments	0	0
Other	0	0
Actuarial (gain) loss	(0.7)	0.1
Effect of exchange rates	0	0
Divestiture	0	0
Settlements and curtailments	0	0
Benefits paid	(1.3)	(1.3)
Benefit obligation at end of year	3.3	4.9	5.4
Changes in plan assets:
Fair value of plan assets at beginning of year	0	0
Actual gain return on plan assets	0	0
Employer contribution	1	0.8
Plan participants' contributions	0.3	0.5
Effect of exchange rates	0	0
Divestiture	0	0
Plan settlements	0	0
Benefits paid	(1.3)	(1.3)
Fair value of plan assets at end of year	0	0	$ 0
Funded status / net amount recognized	(3.3)	(4.9)
Net amount recognized consists of:
Current liability	(0.5)	(0.8)
Non-current liability	(2.8)	(4.1)
Net amount recognized	$ (3.3)	$ (4.9)

Employee Benefit Plans (Pension

Employee Benefit Plans (Pensions Plans with Benefit Obligation in Excess of Plan Assets) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Pension plans with a benefit obligation in excess of plan assets:
Projected benefit obligation	$ 370.2	$ 404.5
Accumulated benefit obligation	362.9	398.4
Fair value of plan assets	$ 280.8	$ 281.8

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Periodic Benefit Cost) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Pension and Other Postretirement Benefit Expense	$ 31,400,000	$ 0	$ 0
Discontinued Operations [Member]
Components of net periodic benefit cost
Total net periodic benefit cost	$ 0
United States Postretirement Benefit Plan of US Entity [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage Of Projected Benefit Obligation By Pension Plans	88.00%
Pension Benefits [Member]
Components of net periodic benefit cost
Service cost	$ 4,400,000	4,800,000	4,200,000
Interest cost	15,300,000	17,200,000	17,700,000
Expected return on plan assets	(21,500,000)	(21,400,000)	(22,700,000)
Amortization of prior service cost	300,000	200,000	300,000
Amortization of net loss	7,600,000	9,500,000	6,600,000
Settlements or curtailments	31,600,000	400,000	400,000
Total net periodic benefit cost	37,700,000	10,700,000	6,500,000
Other Benefits [Member]
Components of net periodic benefit cost
Service cost	0	0	0
Interest cost	100,000	200,000	200,000
Expected return on plan assets	0	0	0
Amortization of prior service cost	(3,000,000)	(3,100,000)	(3,100,000)
Amortization of net loss	1,400,000	1,500,000	1,500,000
Settlements or curtailments	0	0	0
Total net periodic benefit cost	$ (1,500,000)	$ (1,400,000)	$ (1,400,000)

Employee Benefit Plans (Amounts

Employee Benefit Plans (Amounts Recognized in AOCI and Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Changes recognized in other comprehensive income (loss):
Total recognized in other comprehensive income	$ (6.3)	$ (9.7)	$ (6.9)
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Future Amortization of Prior Service Cost (Credit)	(0.2)
Defined Benefit Plan, Future Amortization of Gain (Loss)	(8.9)
Amounts recognized in other comprehensive income (loss):
Prior service costs	(0.9)	(1.2)
Actuarial loss	(197.3)	(214.7)
Subtotal	(198.2)	(215.9)
Deferred taxes	71	78.7
Net amount recognized	(127.2)	(137.2)
Changes recognized in other comprehensive income (loss):
Current year prior service costs	0.1	0.1
Current year actuarial loss	23.3	(5)
Effect of exchange rates	(1.5)	(2.2)
Amortization of prior service (costs) credits	(0.3)	(0.3)
Amortization of actuarial loss	(39.2)	(9.9)
Total recognized in other comprehensive income	(17.6)	(17.3)
Total recognized in net periodic benefit cost and other comprehensive income (loss)	20.1	(6.6)
Other Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Future Amortization of Prior Service Cost (Credit)	2.4
Defined Benefit Plan, Future Amortization of Gain (Loss)	(1.4)
Amounts recognized in other comprehensive income (loss):
Prior service costs	12	15
Actuarial loss	(16.3)	(18.4)
Subtotal	(4.3)	(3.4)
Deferred taxes	1.6	1.3
Net amount recognized	(2.7)	(2.1)
Changes recognized in other comprehensive income (loss):
Current year prior service costs	0	0
Current year actuarial loss	(0.7)	0.1
Effect of exchange rates	0	0
Amortization of prior service (costs) credits	3.1	3.1
Amortization of actuarial loss	(1.4)	(1.5)
Total recognized in other comprehensive income	1	1.7
Total recognized in net periodic benefit cost and other comprehensive income (loss)	$ (0.5)	$ 0.3

Employee Benefit Plans (Weighte

Employee Benefit Plans (Weighted-average Assumptions Used) (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pension Benefits [Member]
Weighted-average assumptions used to determine benefit obligations as of December 31:
Discount rate	4.17%	4.51%
Rate of compensation increase	4.23%	4.23%
Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31:
Discount rate - service cost	4.30%	3.97%	4.88%
Discount rate - interest cost	3.76%	3.97%	4.88%
Expected long-term return on plan assets	7.50%	7.50%	8.00%
Rate of compensation increase	4.23%	4.23%	4.23%
Other Benefits [Member]
Weighted-average assumptions used to determine benefit obligations as of December 31:
Discount rate	3.50%	3.55%
Rate of compensation increase	0.00%	0.00%
Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31:
Discount rate - service cost	4.95%	3.23%	3.57%
Discount rate - interest cost	2.49%	3.23%	3.57%
Expected long-term return on plan assets	0.00%	0.00%	0.00%
Rate of compensation increase	0.00%	0.00%	0.00%
Foreign Pension Benefits [Member]
Weighted-average assumptions used to determine benefit obligations as of December 31:
Discount rate	2.83%	3.59%
Rate of compensation increase	3.78%	3.70%
Weighted-average assumptions used to determine net periodic benefit cost for the years ended December 31:
Discount rate - service cost	2.04%	4.12%	4.38%
Discount rate - interest cost	3.45%	4.12%	4.38%
Expected long-term return on plan assets	4.87%	5.22%	6.32%
Rate of compensation increase	3.70%	3.48%	3.31%

Employee Benefit Plans (Healthc

Employee Benefit Plans (Healthcare Trend Rate Assumptions Used) (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Assumed Health Care Cost Trend Rates
Health care cost trend rate assumed for next year	6.50%	7.00%
Rate to which the cost rate is assumed to decline (the ultimate trend rate)	5.00%	5.00%
Year that the rate reaches the ultimate trend rate	2,020	2,020

Employee Benefit Plans (One Per

Employee Benefit Plans (One Percentage-Point Change Effects) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Summary of one percentage-point change in assumed healthcare cost trend rate
Effect of one percentage point increase on total of service and interest cost	$ 0
Effect of one percentage point decrease on total of service and interest cost	0
Effect of one percentage point increase on the postretirement benefit obligation	0.1
Effect of one percentage point decrease on the postretirement benefit obligation	$ (0.1)

Employee Benefit Plans (Expecte

Employee Benefit Plans (Expected Future Benefit Payments) (Details) $ in Millions	Dec. 31, 2016USD ($)
Pension Benefits [Member]
Summary of expected future benefit payments
2,016	$ 18.7
2,017	18.9
2,018	19.2
2,019	19.6
2,020	24.9
2022-2026	135.1
Other Benefits [Member]
Summary of expected future benefit payments
2,016	0.6
2,017	0.5
2,018	0.4
2,019	0.4
2,020	0.3
2022-2026	$ 1.1

Employee Benefit Plans (Pens109

Employee Benefit Plans (Pension Plan's Weighted-average Asset Allocations) (Details)	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted average asset allocations	100.00%	100.00%
U.S. Equity [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted average asset allocations	27.00%	27.10%
International Equity [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted average asset allocations	18.50%	17.70%
Fixed Income [Member]
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted average asset allocations	52.50%	53.80%
Money Market
Defined Benefit Plan, Information about Plan Assets [Abstract]
Weighted average asset allocations	2.00%	1.40%

Employee Benefit Plans (Pens110

Employee Benefit Plans (Pension Plans' Range Targets) (Details)	12 Months Ended
	Dec. 31, 2016
Equity Securities [Member]
Summary of target allocation percentage of assets
Target	42.00%
U.S. Equity [Member]
Summary of target allocation percentage of assets
Target	25.00%
International Equity [Member]
Summary of target allocation percentage of assets
Target	17.00%
Fixed Income, Money Market, Cash and Guaranteed Investment Contracts [Member]
Summary of target allocation percentage of assets
Target	58.00%
Fixed Income [Member]
Summary of target allocation percentage of assets
Target	56.00%
Money Market/Cash/Guaranteed Investments Contracts [Member]
Summary of target allocation percentage of assets
Target	2.00%

Employee Benefit Plans (Fair Va

Employee Benefit Plans (Fair Values of Pension Plan Assets by Category) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 292.5	$ 293
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.3	3.8
Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	287.2	289.2
Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.3	3.8
Cash and Cash Equivalents [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.3	3.8
Cash and Cash Equivalents [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and Cash Equivalents [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S. Equity [Member] | Commingled Pools / Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	69.5	69.7
U.S. Equity [Member] | Commingled Pools / Collective Trusts [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.S. Equity [Member] | Commingled Pools / Collective Trusts [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	69.5	69.7
U.S. Equity [Member] | Commingled Pools / Collective Trusts [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International Equity [Member] | Commingled Pools / Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	47.6	45.5
International Equity [Member] | Commingled Pools / Collective Trusts [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International Equity [Member] | Commingled Pools / Collective Trusts [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	47.6	45.5
International Equity [Member] | Commingled Pools / Collective Trusts [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International Equity [Member] | Trust for Benefit of Employees [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.7	4.7
International Equity [Member] | Trust for Benefit of Employees [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International Equity [Member] | Trust for Benefit of Employees [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.7	4.7
International Equity [Member] | Trust for Benefit of Employees [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International Equity [Member] | Pension Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13.5	11
International Equity [Member] | Pension Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
International Equity [Member] | Pension Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13.5	11
International Equity [Member] | Pension Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income [Member] | Commingled Pools / Collective Trusts [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	134.9	138.1
Fixed Income [Member] | Commingled Pools / Collective Trusts [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income [Member] | Commingled Pools / Collective Trusts [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	134.9	138.1
Fixed Income [Member] | Commingled Pools / Collective Trusts [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income [Member] | Trust for Benefit of Employees [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	11.9	12.1
Fixed Income [Member] | Trust for Benefit of Employees [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income [Member] | Trust for Benefit of Employees [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	11.9	12.1
Fixed Income [Member] | Trust for Benefit of Employees [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income [Member] | Pension Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.1	8.1
Fixed Income [Member] | Pension Fund [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income [Member] | Pension Fund [Member] | Significant Other Observable Inputs (Level 2) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.1	8.1
Fixed Income [Member] | Pension Fund [Member] | Significant Unobservable Inputs (Level 3) [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

Employee Benefit Plans (Assets

Employee Benefit Plans (Assets Measured at NAV) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Assets Category:
Fair Value	$ 292.5	$ 293
NAV [Member]
Assets Category:
Fair Value	$ 287.2	289.2
Fixed Income [Member] | United Kingdom Pension Plans [Member]
Assets Category:
Weighted average maturity period	5 years
Commingled Pools / Collective Trusts [Member] | U.S. Equity [Member]
Assets Category:
Fair Value	$ 69.5	$ 69.7
Redemption Frequency (if currently eligible)	Daily	Daily
Redemption Notice Period	5 days	5 days
Commingled Pools / Collective Trusts [Member] | International Equity [Member]
Assets Category:
Fair Value	$ 47.6	$ 45.5
Redemption Frequency (if currently eligible)	Daily	Daily
Redemption Notice Period	5 days	5 days
Commingled Pools / Collective Trusts [Member] | Fixed Income [Member]
Assets Category:
Fair Value	$ 134.9	$ 138.1
Redemption Frequency (if currently eligible)	Daily	Daily
Balanced pension trusts [Member] | International Equity [Member]
Assets Category:
Fair Value	$ 4.7	$ 4.7
Redemption Frequency (if currently eligible)	Daily	Daily
Balanced pension trusts [Member] | Fixed Income [Member]
Assets Category:
Fair Value	$ 11.9	$ 12.1
Redemption Frequency (if currently eligible)	Daily	Daily
Pension Funds [Member] | International Equity [Member]
Assets Category:
Fair Value	$ 13.5	$ 11
Redemption Frequency (if currently eligible)	Daily	Daily
Pension Funds [Member] | Fixed Income [Member]
Assets Category:
Fair Value	$ 5.1	$ 8.1
Redemption Frequency (if currently eligible)	Daily	Daily
Minimum [Member] | Commingled Pools / Collective Trusts [Member] | Fixed Income [Member]
Assets Category:
Redemption Notice Period	5 years	5 years
Minimum [Member] | Balanced pension trusts [Member] | International Equity [Member]
Assets Category:
Redemption Notice Period	3 days	3 days
Minimum [Member] | Balanced pension trusts [Member] | Fixed Income [Member]
Assets Category:
Redemption Notice Period	3 days	3 days
Minimum [Member] | Pension Funds [Member] | International Equity [Member]
Assets Category:
Redemption Notice Period	1 day	1 day
Minimum [Member] | Pension Funds [Member] | Fixed Income [Member]
Assets Category:
Redemption Notice Period	1 day	1 day
Maximum [Member] | Commingled Pools / Collective Trusts [Member] | Fixed Income [Member]
Assets Category:
Redemption Notice Period	15 days	15 days
Maximum [Member] | Balanced pension trusts [Member] | International Equity [Member]
Assets Category:
Redemption Notice Period	5 years	5 years
Maximum [Member] | Balanced pension trusts [Member] | Fixed Income [Member]
Assets Category:
Redemption Notice Period	5 years	5 years
Maximum [Member] | Pension Funds [Member] | International Equity [Member]
Assets Category:
Redemption Notice Period	7 days	7 days
Maximum [Member] | Pension Funds [Member] | Fixed Income [Member]
Assets Category:
Redemption Notice Period	7 days	7 days

Employee Benefit Plans (Textual

Employee Benefit Plans (Textuals) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Percentage of medical coverage cost payable by participants	100.00%
U.S. Based Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation (as a percent)	88.00%
Plan assets (as a percent)	88.00%
Long-term rate of return on assets assumption (as a percent)	7.50%
Components of fair value in our plan assets	88.00%
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Estimated prior service (cost) credits	$ (0.2)
Estimated actuarial gains (losses)	$ (8.9)
Long-term rate of return on assets assumption (as a percent)	7.50%	7.50%	8.00%
Discount rate (as a percent)	4.17%	4.51%
Other Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Estimated prior service (cost) credits	$ 2.4
Estimated actuarial gains (losses)	$ (1.4)
Long-term rate of return on assets assumption (as a percent)	0.00%	0.00%	0.00%
Discount rate (as a percent)	3.50%	3.55%
Canadian Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components of fair value in our plan assets	6.00%
United Kingdom Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Components of fair value in our plan assets	6.00%
Fixed Income, Money Market, Cash and Guaranteed Investment Contracts [Member]
Defined Benefit Plan Disclosure [Line Items]
Target (as a percent)	58.00%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Target (as a percent)	42.00%
International Equity [Member]
Defined Benefit Plan Disclosure [Line Items]
Target (as a percent)	17.00%
U.S. Equity [Member]
Defined Benefit Plan Disclosure [Line Items]
Target (as a percent)	25.00%

Comprehensive Income (Items Not

Comprehensive Income (Items Not Reclassified from AOCI to Net Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold; Selling, general and administrative expenses	$ (2,565.1)	$ (2,520)	$ (2,464.1)
Provision for income taxes	(124.1)	(95.4)	$ (109.5)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net of tax	(12.1)	(14.4)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Losses on Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Provision for income taxes	4.3	4.4
Net of tax	(8)	(8.1)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Losses on Cash Flow Hedges [Member] | Commodity Derivative Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold; Selling, general and administrative expenses	(12.3)	(12.5)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Defined Benefit Plan Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold; Selling, general and administrative expenses	(6.3)	(9.7)
Provision for income taxes	2.2	3.4
Net of tax	$ (4.1)	$ (6.3)

Comprehensive Income (Changes i

Comprehensive Income (Changes in AOCI) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity Attributable to Parent	$ 38	$ 101.6	$ 9	$ 485.7
Changes in AOCI by component (net of tax) [Roll Forward]
Beginning balance	(204.7)
Other comprehensive income (loss) before reclassifications	(2.5)	(65.6)
Amounts reclassified from AOCI	12.1	14.4
Net other comprehensive income (loss)	9.6	(51.2)
Ending balance	(195.1)	(204.7)
Gains (Losses) on Cash Flow Hedges [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Beginning balance	(8.4)	(4.6)
Other comprehensive income (loss) before reclassifications	6	(11.9)
Amounts reclassified from AOCI	8	8.1
Net other comprehensive income (loss)	14	(3.8)
Ending balance	5.6	(8.4)
Unrealized Gains (Losses) on Available-for-Sale Securities [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Beginning balance	4.4	3.2
Other comprehensive income (loss) before reclassifications	(2.1)	1.2
Amounts reclassified from AOCI	0	0
Net other comprehensive income (loss)	(2.1)	1.2
Ending balance	2.3	4.4
Defined Benefit Plan Items [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Beginning balance	(139.3)	(149.4)
Other comprehensive income (loss) before reclassifications	5.2	3.8
Amounts reclassified from AOCI	4.1	6.3
Net other comprehensive income (loss)	9.3	10.1
Ending balance	(130)	(139.3)
Foreign Currency Translation Adjustments [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Beginning balance	(61.4)	(2.7)
Other comprehensive income (loss) before reclassifications	(11.6)	(58.7)
Amounts reclassified from AOCI	0	0
Net other comprehensive income (loss)	(11.6)	(58.7)
Ending balance	(73)	(61.4)
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stockholders' Equity Attributable to Parent	$ (195.1)	$ (204.7)	$ (153.5)	$ (61.1)

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock-based Compensation Expense) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance	16.9
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	3.6
Compensation expense	$ 31.7	$ 26.6	$ 23.3

Stock-Based Compensation (Perfo

Stock-Based Compensation (Performance Share Units) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 31.7	$ 26.6	$ 23.3
Payout ratio for shares paid (as a percent)	100.00%
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeiture Rate	9.90%
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 22.5
Compensation expense	$ 18.1	$ 13.6	$ 11.5
Weighted-average fair value of grants, per share (in usd per share)	$ 150.21	$ 126.31	$ 88.26
Payout ratio for shares paid (as a percent)	200.00%	200.00%	153.20%

Stock-based Compensation (Chang

Stock-based Compensation (Changes in Undistributed Performance Share Units) (Details) - $ / shares shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Weighted- Average Grant Date Fair Value per Share
Undistributed performance share units (in shares)	0.2
Weighted-average grant date fair value of undistributed performance share units (in usd per share)	$ 117.60
Undistributed and vested performance share units (in shares)	0.2
Performance Shares [Member]
Shares (2)
Undistributed as of beginning of period (in shares)	0.6
Granted (in shares)	0.1
Adjustments to shares paid based on payout ratio (in shares)	0.1
Distributed (in shares)	(0.3)
Forfeited (in shares)	0
Undistributed as of end of period (in shares)	0.4	0.6
Weighted- Average Grant Date Fair Value per Share
Undistributed as of beginning of period (in usd per share)	$ 67.91
Granted (in usd per share)	150.21	$ 126.31	$ 88.26
Adjustments to shares paid based on payout ratio (in usd per share)	81.11
Distributed (in usd per share)	51.11
Forfeited (in usd per share)	0
Undistributed as of end of period (in usd per share)	$ 101.03	$ 67.91

Stock-based Compensation (Fair

Stock-based Compensation (Fair Value and Tax Deductions of Performance Share Units Distributed) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Undistributed And Unvested Performance Share Units	0.2
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of shares or units distributed	$ 39.4	$ 44.9	$ 19.6
Realized tax benefits from tax deductions	$ 15	$ 17.1	$ 7.5

Stock-based Compensation (Restr

Stock-based Compensation (Restricted Stock Units) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 31.7	$ 26.6	$ 23.3
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeiture Rate	14.40%
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 17.7
Compensation expense	$ 9	$ 8.3	$ 7
Weighted-average fair value of grants, per share (in usd per share)	$ 150.14	$ 126.15	$ 88.26

Stock-based Compensation (Ch121

Stock-based Compensation (Changes in Non-vested Restricted Stock Units) (Details) - Restricted Stock Units [Member] - $ / shares shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Shares (2)
Undistributed as of beginning of period (in shares)	0.3
Granted (in shares)	0.1
Distributed (in shares)	(0.1)
Forfeited (in shares)	0
Undistributed as of end of period (in shares)	0.3	0.3
Weighted- Average Grant Date Fair Value per Share
Undistributed as of beginning of period (in usd per share)	$ 94.23
Granted (in usd per share)	150.14	$ 126.15	$ 88.26
Distributed (in usd per share)	80.40
Forfeited (in usd per share)	0
Undistributed as of end of period (in usd per share)	$ 118.38	$ 94.23

Stock-Based Compensation (Fa122

Stock-Based Compensation (Fair Value and Tax Deductions of Restricted Stock Units Vested) (Details) - Restricted Stock Units [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value of shares or units distributed	$ 17	$ 19.7	$ 19.5
Realized tax benefits from tax deductions	$ 6.5	$ 7.5	$ 7.4

Stock-based Compensation (St123

Stock-based Compensation (Stock Appreciation Rights) (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 31.7	$ 26.6	$ 23.3
Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 4 months 13 days
Compensation expense	$ 4.6	$ 4.7	$ 4.8
Weighted-average fair value of grants, per share (in usd per share)	$ 22.93	$ 22.74	$ 19.55

Stock-Based Compensation (St124

Stock-Based Compensation (Stock Appreciation Rights, Fair Value Assumptions) (Details) - Stock Appreciation Rights [Member]	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected dividend yield	1.62%	1.61%	1.75%
Risk-free interest rate	1.66%	1.36%	1.27%
Expected volatility	19.60%	23.78%	29.60%
Expected life (in years)	3 years 11 months 26 days	4 years	4 years 15 days

Stock-Based Compensation (Ch125

Stock-Based Compensation (Changes in Stock Appreciation Rights) (Details) - Stock Appreciation Rights [Member] $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 9
Shares (2)
Outstanding awards as of beginning of period (in shares) | shares	1.3
Granted (in shares) | shares	0.2
Exercised (in shares) | shares	(0.4)
Forfeited (in shares) | shares	0
Outstanding awards as of end of period (in shares) | shares	1.1
Exercisable at end of period (in shares) | shares	0.7
Weighted-Average Exercise Price per Share
Outstanding awards as of beginning of period (in usd per share) | $ / shares	$ 72.54
Granted (in usd per share) | $ / shares	156.94
Exercised (in usd per share) | $ / shares	47.34
Forfeited (in usd per share) | $ / shares	0
Outstanding as of end of period (in shares) | $ / shares	98.35
Exercisable at end of period, Weighted-Average Exercise Price per Share (in usd per share) | $ / shares	$ 72.17

Stock-Based Compensation (St126

Stock-Based Compensation (Stock Appreciation Rights Outstanding and Exercisable) (Details) - Stock Appreciation Rights [Member] - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 4 months 13 days
Stock Appreciation Rights Outstanding, Shares	1.1	1.3
Stock Appreciation Rights Exercisable, Shares	0.7
$34.06 to $46.78 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of Exercise Prices per Share, lower range limit	$ 34.06
Range of Exercise Prices per Share, upper range limit	$ 51.4
Stock Appreciation Rights Outstanding, Shares	0.3
Stock Appreciation Rights Outstanding, Weighted-Average Remaining Contractual Term (in years)	2 years 5 months 8 days
Stock Appreciation Rights Outstanding, Aggregate Intrinsic Value	$ 34.3
Stock Appreciation Rights Exercisable, Shares	0.3
Stock Appreciation Rights Exercisable, Weighted-Average Remaining Contractual Life (in years)	2 years 5 months 8 days
Stock Appreciation Rights Exercisable, Aggregate Intrinsic Value	$ 34.3
$51.11 to $81.14 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of Exercise Prices per Share, lower range limit	$ 81.11
Range of Exercise Prices per Share, upper range limit	$ 92.64
Stock Appreciation Rights Outstanding, Shares	0.4
Stock Appreciation Rights Outstanding, Weighted-Average Remaining Contractual Term (in years)	4 years 6 months 14 days
Stock Appreciation Rights Outstanding, Aggregate Intrinsic Value	$ 25.2
Stock Appreciation Rights Exercisable, Shares	0.3
Stock Appreciation Rights Exercisable, Weighted-Average Remaining Contractual Life (in years)	4 years 5 months 8 days
Stock Appreciation Rights Exercisable, Aggregate Intrinsic Value	$ 21
$92.64 to $126.31 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Range of Exercise Prices per Share, lower range limit	$ 124.97
Range of Exercise Prices per Share, upper range limit	$ 156.94
Stock Appreciation Rights Outstanding, Shares	0.4
Stock Appreciation Rights Outstanding, Weighted-Average Remaining Contractual Term (in years)	6 years 6 months 17 days
Stock Appreciation Rights Outstanding, Aggregate Intrinsic Value	$ 4.3
Stock Appreciation Rights Exercisable, Shares	0.1
Stock Appreciation Rights Exercisable, Weighted-Average Remaining Contractual Life (in years)	5 years 11 months 4 days
Stock Appreciation Rights Exercisable, Aggregate Intrinsic Value	$ 1.4

Stock-Based Compensation (Intri

Stock-Based Compensation (Intrinsic Value and Tax Deductions of Stock Appreciation Rights) (Details) - Stock Appreciation Rights [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeiture Rate	13.10%
Instrinsic value of stock appreciation rights exercised	$ 36.9	$ 27.3	$ 27.3
Realized tax benefits from tax deductions	$ 14.1	$ 10.4	$ 10.4

Stock-Based Compensation (Emplo

Stock-Based Compensation (Employee Stock Purchase Plan) (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2016shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum shares authorized	24,300
Shares available for future issuance	3,600
2012 Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Offering periods	3 months
Purchase price (as a percent)	95.00%
Maximum shares authorized	2,500
Employee purchased shares	17
Shares available for future issuance	2,400

Stock-Based Compensation (Textu

Stock-Based Compensation (Textuals) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Number of common stock shares which are authorized to issue awards	24.3
Common Stock, Capital Shares Reserved for Future Issuance	16.9
Shares available for future issuance	3.6
Payout Percentage	100.00%
Maximum [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Potential increase for payout percentage	200.00%
Performance Shares [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Award service period	3 years
Payout Percentage	200.00%	200.00%	153.20%
Total unrecognized compensation cost	$ 22.5
Weighted average period of recognition	2 years 2 months 24 days
Estimated forfeiture rate	9.90%
Restricted Stock Units [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Award service period	3 years
Total unrecognized compensation cost	$ 17.7
Weighted average period of recognition	2 years 4 months 18 days
Estimated forfeiture rate	14.40%
Stock Appreciation Rights [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total unrecognized compensation cost	$ 9
Weighted average period of recognition	2 years 4 months 13 days
Estimated forfeiture rate	13.10%
Award vesting rights (as a percent)	33.33%
Award expiration period	7 years

Stock Repurchases (Details)

Stock Repurchases (Details) - USD ($) shares in Millions	Oct. 19, 2016	Aug. 01, 2016	Feb. 10, 2016	Jul. 18, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2011
Authorized amount for share repurchase					$ 550,000,000			$ 2,000,000,000
Accelerated Share Repurchases, Initial Price Paid		$ 100,000,000	$ 200,000,000
Accelerated Share Repurchases, Number	0.2	0.5	1.3	0.2
Accelerated Share Repurchases, Percentages of Shares to be Repurchased		75.00%	75.00%
Repurchases of common stock					$ 300,000,000	$ 0	$ 550,300,000
Repurchased shares to satisfy minimum withholding obligations (in shares)					0.2	0.3
Repurchased shares to satisfy employee withholding tax obligations					$ 33,300,000	$ 32,000,000	$ 22,400,000

Restructuring Charges (Restruct

Restructuring Charges (Restructuring Charges for Ongoing Activities) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	$ 1.8
Incurred to Date	15.6
Total Expected to be Incurred	16
Residential Heating and Cooling [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	0
Incurred to Date	0.9
Total Expected to be Incurred	0.9
Commercial Heating and Cooling [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	0.2
Incurred to Date	1.1
Total Expected to be Incurred	1.1
Refrigeration [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	(0.1)
Incurred to Date	11.9
Total Expected to be Incurred	11.9
Corporate and Other [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	1.7
Incurred to Date	1.7
Total Expected to be Incurred	2.1
Severance and Related Expense [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	(0.2)
Incurred to Date	9.3
Total Expected to be Incurred	9.3
Asset Write-offs and Accelerated Depreciation [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	0.3
Incurred to Date	2.4
Total Expected to be Incurred	2.4
Equipment Moves [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	0
Lease Termination [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	0
Incurred to Date	0.2
Total Expected to be Incurred	0.2
Other [Member]
Restructuring Cost and Reserve [Line Items]
Incurred in 2016	1.7
Incurred to Date	3.7
Total Expected to be Incurred	$ 4.1

Restructuring Charges (Descript

Restructuring Charges (Description of Reserves) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Details activity within the restructuring reserves
Beginning Balance	$ 0.9	$ 1.6
Charged to Earnings	1.8	3.2	$ 1.9
Cash Utilization	(2.7)	(3.2)
Non-Cash Utilization and Other	0	(0.7)
Ending Balance	0	0.9	1.6
Severance and Related Expense [Member]
Details activity within the restructuring reserves
Beginning Balance	0.7	1.5
Charged to Earnings		2.6
Cash Utilization	(0.5)	(2.9)
Non-Cash Utilization and Other	0	(0.5)
Ending Balance	0	0.7	1.5
Asset Write-offs and Accelerated Depreciation [Member]
Details activity within the restructuring reserves
Beginning Balance	0	0.1
Charged to Earnings		0.3
Cash Utilization	(0.2)	(0.2)
Non-Cash Utilization and Other	(0.1)	(0.2)
Ending Balance	0	0	0.1
Equipment Moves [Member]
Details activity within the restructuring reserves
Beginning Balance	0	0
Charged to Earnings		0
Cash Utilization	0	0
Non-Cash Utilization and Other	0	0
Ending Balance	0	0	0
Lease Termination [Member]
Details activity within the restructuring reserves
Beginning Balance	0.2	0
Charged to Earnings		0.2
Cash Utilization	(0.2)	0
Non-Cash Utilization and Other	0	0
Ending Balance	0	0.2	0
Other [Member]
Details activity within the restructuring reserves
Beginning Balance	0	0
Charged to Earnings		0.1
Cash Utilization	(1.8)	(0.1)
Non-Cash Utilization and Other	0.1	0
Ending Balance	$ 0	$ 0	$ 0

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax operating income (loss)	$ (1.3)	$ (1)	$ (3.7)

Earnings Per Share (Computation

Earnings Per Share (Computation of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income	$ 40.4	$ 101.7	$ 110.7	$ 24.9	$ 11.2	$ 80.3	$ 81.2	$ 13.9	$ 277.8	$ 186.6	$ 205.8
Net loss from discontinued operations									0.8	0.6	2.3
Income from continuing operations									$ 278.6	$ 187.2	$ 208.1
Weighted-average shares outstanding - basic (in shares)									43.4	44.9	47.9
Add: Potential effect of diluted securities attributable to stock-based payments									0.6	0.7	0.7
Weighted-average shares outstanding - diluted (in shares)									44	45.6	48.6
Earnings per share – Basic:
Income from continuing operations (in usd per share)									$ 6.41	$ 4.17	$ 4.35
Loss from discontinued operations (in usd per share)									(0.02)	(0.01)	(0.05)
Net income (in usd per share)	$ 0.94	$ 2.35	$ 2.54	$ 0.57	$ 0.25	$ 1.78	$ 1.80	$ 0.31	6.39	4.16	4.30
Earnings per share – Diluted:
Income from continuing operations (in usd per share)									6.34	4.11	4.28
Loss from discontinued operations (in usd per share)									(0.02)	(0.02)	(0.05)
Net income (in usd per share)	$ 0.93	$ 2.33	$ 2.51	$ 0.56	$ 0.25	$ 1.76	$ 1.78	$ 0.31	$ 6.32	$ 4.09	$ 4.23

Earnings Per Share (SARs Exclud

Earnings Per Share (SARs Excluded from Calculation(Details) - $ / shares shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average number of shares	0	0	0.3
Minimum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Price ranges per share (in usd per share)	$ 0	$ 0	$ 81.11
Maximum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Price ranges per share (in usd per share)	$ 0	$ 0	$ 92.64

Reportable Business Segments (D

Reportable Business Segments (Description of Segments) (Details)	12 Months Ended
	Dec. 31, 2016Segment
Segment Reporting, Measurement Disclosures [Abstract]
Number of reportable business segments	3
Residential Heating & Cooling [Member] | United States [Member]
Summary of nature of operations of reportable segment
Product or Services	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies
Markets Served	Residential Replacement; Residential New Construction
Residential Heating & Cooling [Member] | Canada [Member]
Summary of nature of operations of reportable segment
Product or Services	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts and supplies
Markets Served	Residential Replacement; Residential New Construction
Commercial Heating & Cooling [Member] | United States [Member]
Summary of nature of operations of reportable segment
Product or Services	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products
Markets Served	Light Commercial
Commercial Heating & Cooling [Member] | Canada [Member]
Summary of nature of operations of reportable segment
Product or Services	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment, variable refrigerant flow commercial products
Markets Served	Light Commercial
Commercial Heating & Cooling [Member] | Europe [Member]
Summary of nature of operations of reportable segment
Product or Services	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment
Markets Served	Light Commercial
Refrigeration [Member] | United States [Member]
Summary of nature of operations of reportable segment
Product or Services	Condensing units, unit coolers, fluid coolers, air- cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems
Markets Served	Light Commercial; Food Preservation; Non-Food/Industrial
Refrigeration [Member] | Canada [Member]
Summary of nature of operations of reportable segment
Product or Services	Condensing units, unit coolers, fluid coolers, aircooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems
Markets Served	Light Commercial; Food Preservation; Non-Food/Industrial
Refrigeration [Member] | Europe [Member]
Summary of nature of operations of reportable segment
Product or Services	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems
Markets Served	Light Commercial Food Preservation; Non-Food/Industrial
Refrigeration [Member] | Asia Pacific [Member]
Summary of nature of operations of reportable segment
Product or Services	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems
Markets Served	Light Commercial Food Preservation; Non-Food/Industrial
Refrigeration [Member] | South America [Member]
Summary of nature of operations of reportable segment
Product or Services	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems
Markets Served	Light Commercial Food Preservation; Non-Food/Industrial

Reportable Business Segments (N

Reportable Business Segments (Net Sales and Segment Profit (Loss) and Reconciliation to Income from Continuing Operations) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net Sales
Net Sales	$ 897,300,000	$ 1,010,000,000	$ 1,019,200,000	$ 715,200,000	$ 834,100,000	$ 955,000,000	$ 992,500,000	$ 685,800,000	$ 3,641,600,000	$ 3,467,400,000	$ 3,367,400,000
Segment Profit (Loss)
Subtotal segment profit									(469,600,000)	(377,600,000)	(340,900,000)
Reconciliation to Operating income:
Special product quality adjustments									(400,000)	(2,200,000)	(1,400,000)
Items in Losses and other expenses, net that are excluded from segment profit (loss) (2)									7,400,000	15,600,000	4,700,000
Restructuring charges									1,800,000	3,200,000	1,900,000
Pension and Other Postretirement Benefit Expense									31,400,000	0	0
Interest expense, net									27,000,000	23,600,000	17,200,000
Goodwill impairment					5,500,000				0	5,500,000	0
Asset impairment					$ 44,500,000				0	44,500,000	0
One time inventory write down									0	5,600,000	1,000,000
Operating Income (Loss)									429,400,000	305,400,000	334,700,000
Other expense, net									(300,000)	(800,000)	(100,000)
Revenue from transactions with major customers									$ 0	$ 0	$ 0
Minimum percentage of consolidated net sales from single customer									10.00%	10.00%	10.00%
Residential Heating & Cooling [Member]
Net Sales
Net Sales									$ 2,000,800,000	$ 1,866,900,000	$ 1,736,500,000
Segment Profit (Loss)
Subtotal segment profit									(348,800,000)	(278,400,000)	(235,800,000)
Reconciliation to Operating income:
Goodwill impairment									0	0
Commercial Heating & Cooling [Member]
Net Sales
Net Sales									917,900,000	887,200,000	878,500,000
Segment Profit (Loss)
Subtotal segment profit									(149,300,000)	(130,400,000)	(124,000,000)
Reconciliation to Operating income:
Goodwill impairment									0	0
Refrigeration [Member]
Net Sales
Net Sales									722,900,000	713,300,000	752,400,000
Segment Profit (Loss)
Subtotal segment profit									(68,900,000)	(52,900,000)	(55,400,000)
Reconciliation to Operating income:
Goodwill impairment									0	5,500,000
Corporate & other [Member]
Segment Profit (Loss)
Subtotal segment profit									$ (97,400,000)	$ (84,100,000)	$ (74,300,000)

Reportable Business Segments (A

Reportable Business Segments (Assets by Segment) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total assets	$ 1,760.3	$ 1,677.4	$ 1,764.3
Residential Heating and Cooling [Member]
Segment Reporting Information [Line Items]
Total assets	673.4	628.3	632.3
Commercial Heating and Cooling [Member]
Segment Reporting Information [Line Items]
Total assets	385.8	363.6	353.4
Refrigeration [Member]
Segment Reporting Information [Line Items]
Total assets	442.8	444.9	551.5
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total assets	$ 258.3	$ 240.6	$ 227.1

Reportable Business Segments (C

Reportable Business Segments (Capital Expenditures by Segment) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total capital expenditures	$ 84,300,000	$ 69,900,000	$ 88,400,000
New capital leases	0	0	0
Residential Heating and Cooling [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	36,700,000	28,100,000	39,400,000
Commercial Heating and Cooling [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	11,500,000	8,600,000	14,100,000
Refrigeration [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	12,100,000	11,400,000	15,800,000
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total capital expenditures	$ 24,000,000	$ 21,800,000	$ 19,100,000

Reportable Business Segments140

Reportable Business Segments (Depreciation and Amortization Expense by Segment) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total depreciation and amortization	$ 58.1	$ 62.8	$ 60.8
Residential Heating and Cooling [Member]
Segment Reporting Information [Line Items]
Total depreciation and amortization	21	20.7	20.7
Commercial Heating and Cooling [Member]
Segment Reporting Information [Line Items]
Total depreciation and amortization	9.8	9.7	9.3
Refrigeration [Member]
Segment Reporting Information [Line Items]
Total depreciation and amortization	9.7	15.5	16.3
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Total depreciation and amortization	$ 17.6	$ 16.9	$ 14.5

Reportable Business Segments (E

Reportable Business Segments (Equity Method Investments) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total income from equity method investments	$ 18.4	$ 13.4	$ 13.8
Refrigeration [Member]
Segment Reporting Information [Line Items]
Total income from equity method investments	4	2.8	2.5
Residential [Member]
Segment Reporting Information [Line Items]
Total income from equity method investments	$ 14.4	$ 10.6	$ 11.3

Reportable Business Segments (G

Reportable Business Segments (Geographic Information) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total net sales to external customers	$ 897.3	$ 1,010	$ 1,019.2	$ 715.2	$ 834.1	$ 955	$ 992.5	$ 685.8	$ 3,641.6	$ 3,467.4	$ 3,367.4
Total property, plant and equipment, net	361.4				339.6				361.4	339.6	358.6
United States [Member]
Segment Reporting Information [Line Items]
Total net sales to external customers									2,966.8	2,793.4	2,576.4
Total property, plant and equipment, net	237.6				224.8				237.6	224.8	243.4
Mexico [Member]
Segment Reporting Information [Line Items]
Total property, plant and equipment, net	69.4				60				69.4	60	52.4
Canada [Member]
Segment Reporting Information [Line Items]
Total net sales to external customers									218.8	217.7	236.3
Total property, plant and equipment, net	1.4				1.2				1.4	1.2	0.6
International [Member]
Segment Reporting Information [Line Items]
Total net sales to external customers									456	456.3	554.7
Total property, plant and equipment, net	$ 53				$ 53.6				$ 53	$ 53.6	$ 62.2

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in marketable equity securities	$ 4.4	$ 6.5
Quoted Prices in Active Markets for Identical Assets (Level 2) [Member] | Senior Unsecured Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior unsecured notes	$ 499.3	$ 207.3

Selected Quarterly Financial144

Selected Quarterly Financial Information (unaudited) (Quarterly Information) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Net Sales	$ 897.3	$ 1,010	$ 1,019.2	$ 715.2	$ 834.1	$ 955	$ 992.5	$ 685.8	$ 3,641.6	$ 3,467.4	$ 3,367.4
Gross Profit	267.6	310.3	315	183.6	227.6	273.4	283.4	163	1,076.5	947.4	903.3
Net Income (Loss)	$ 40.4	$ 101.7	$ 110.7	$ 24.9	$ 11.2	$ 80.3	$ 81.2	$ 13.9	$ 277.8	$ 186.6	$ 205.8
Basic Earnings (Loss) per Share (in usd per share)	$ 0.94	$ 2.35	$ 2.54	$ 0.57	$ 0.25	$ 1.78	$ 1.80	$ 0.31	$ 6.39	$ 4.16	$ 4.30
Diluted Earnings (Loss) per Share (in usd per share)	0.93	2.33	2.51	0.56	0.25	1.76	1.78	0.31	6.32	4.09	4.23
Cash Dividends per Common Share (in usd per share)	$ 0.43	$ 0.43	$ 0.43	$ 0.36	$ 0.36	$ 0.36	$ 0.36	$ 0.30	$ 1.65	$ 1.38	$ 1.14

Selected Quarterly Financial145

Selected Quarterly Financial Information (unaudited) (Textuals) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Goodwill impairment	$ 5.5	$ 0	$ 5.5	$ 0
Asset impairment	$ 44.5	0	44.5	0
Restructuring charges		$ 1.8	$ 3.2	$ 1.9

Losses and Other Expenses, n146

Losses and Other Expenses, net (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Losses (Gains) and Other Expenses, net [Abstract]
Realized losses on settled futures contracts	$ 1.1	$ 1.9	$ 0.8
Foreign currency exchange losses	2.2	3.6	1.6
Losses (gains) on disposal of fixed assets	0.5	0.6	(0.3)
Net change in unrealized losses (gains) on unsettled futures contracts	(3.6)	0.6	0.6
Asbestos-related litigation	6.3	3	0.9
Acquisition expenses	0.4	1	0
Special legal contingency charges	1.9	7.4	0.9
Environmental liabilities	1.9	1	2
Contractor tax payments	0.6	2.6	0
Other items, net	0	0	0.3
Losses and other expenses, net	$ 11.3	$ 21.7	$ 6.8

Supplemental Information (Expen

Supplemental Information (Expenses) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Summary of expenses in statements of operations
Research and development	$ 64,600,000	$ 62,300,000	$ 60,700,000
Advertising, promotions and marketing	41,000,000	42,500,000	41,900,000
Cooperative advertising expenditures	14,700,000	13,700,000	13,100,000
Rent expense	$ 57,900,000	53,500,000	$ 50,500,000
Discontinued Operations [Member]
Summary of expenses in statements of operations
Advertising, promotions and marketing		0
Rent expense		$ 0

Supplemental Information (Compo

Supplemental Information (Components of Interest Expense) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Summary of components of interest expense
Interest expense, net of capitalized interest	$ 28.1	$ 25.2	$ 18.9
Interest income	1.1	1.6	1.7
Interest expense, net	$ 27	$ 23.6	$ 17.2

Condensed Consolidating Fina149

Condensed Consolidating Financial Statements (Textuals) (Details)	Dec. 31, 2016
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Ownership percentage	100.00%

Condensed Consolidating Fina150

Condensed Consolidating Financial Statements (Balance Sheet) (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 50.2	$ 38.9	$ 37.5	$ 38
Accounts and notes receivable, net	469.8	422.8
Inventories, net	418.5	418.8
Other assets	67.4	57.7
Total current assets	1,005.9	938.2
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively	361.4	339.6	358.6
Goodwill	195.1	195.1	209.4
Investment in subsidiaries	0	0
Deferred income taxes	136.7	145.7
Other assets, net	61.2	58.8
Intercompany receivables (payables), net	0	0
Total assets	1,760.3	1,677.4	1,764.3
Current Liabilities:
Short-term debt	52.4	204.1
Current maturities of long-term debt	200.1	31
Accounts payable	361.2	320.1
Accrued expenses	265.9	242.6
Income taxes payable	9	26
Total current liabilities	888.6	823.8
Long-term debt	615.7	506
Post-retirement benefits, other than pensions	2.8	4.1
Pensions	87.5	120.8
Other liabilities	127.7	121.1
Total liabilities	1,722.3	1,575.8
Commitments and contingencies
Total stockholders’ equity	38	101.6	9	485.7
Total liabilities and stockholders' equity	1,760.3	1,677.4
Parent [Member]
Current assets:
Cash and cash equivalents	1.2	0.5	1	1.1
Accounts and notes receivable, net	0	0
Inventories, net	0	0
Other assets	12.8	3.3
Total current assets	14	3.8
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively	0	0
Goodwill	0	0
Investment in subsidiaries	1,166.9	879
Deferred income taxes	6.8	5.4
Other assets, net	3.6	1.5
Intercompany receivables (payables), net	(382.4)	(278.6)
Total assets	808.9	611.1
Current Liabilities:
Short-term debt	0	0
Current maturities of long-term debt	199.3	29.8
Accounts payable	18.5	16.1
Accrued expenses	6.3	15.8
Income taxes payable	(54)	(43)
Total current liabilities	170.1	18.7
Long-term debt	600.9	490.4
Post-retirement benefits, other than pensions	0	0
Pensions	0	0
Other liabilities	0	0.4
Total liabilities	771	509.5
Commitments and contingencies
Total stockholders’ equity	37.9	101.6
Total liabilities and stockholders' equity	808.9	611.1
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	17.1	7.8	11.5	10.5
Accounts and notes receivable, net	30.6	25.9
Inventories, net	314.7	324.3
Other assets	48.8	46.9
Total current assets	411.2	404.9
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively	237.6	261.8
Goodwill	134.9	134.9
Investment in subsidiaries	524.7	337.6
Deferred income taxes	113.5	126.6
Other assets, net	40	38.2
Intercompany receivables (payables), net	375.2	253.3
Total assets	1,837.1	1,557.3
Current Liabilities:
Short-term debt	0	0
Current maturities of long-term debt	0.4	0.8
Accounts payable	248.5	237.9
Accrued expenses	206.3	176.7
Income taxes payable	89.8	106.6
Total current liabilities	545	522
Long-term debt	14.5	15.1
Post-retirement benefits, other than pensions	2.8	4.1
Pensions	75.5	111.9
Other liabilities	119.1	114.4
Total liabilities	756.9	767.5
Commitments and contingencies
Total stockholders’ equity	1,080.2	789.8
Total liabilities and stockholders' equity	1,837.1	1,557.3
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	31.9	30.6	25	26.4
Accounts and notes receivable, net	439.2	396.9
Inventories, net	108.9	98.9
Other assets	67.5	67.4
Total current assets	647.5	593.8
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively	123.8	77.8
Goodwill	60.2	60.2
Investment in subsidiaries	(0.5)	(0.6)
Deferred income taxes	31.1	28.4
Other assets, net	19	20.6
Intercompany receivables (payables), net	80.4	25.3
Total assets	961.5	805.5
Current Liabilities:
Short-term debt	52.4	204.1
Current maturities of long-term debt	0.4	0.4
Accounts payable	94.2	66.1
Accrued expenses	53.3	50.1
Income taxes payable	52.5	37.9
Total current liabilities	252.8	358.6
Long-term debt	0.3	0.5
Post-retirement benefits, other than pensions	0	0
Pensions	12	8.9
Other liabilities	11.1	10.5
Total liabilities	276.2	378.5
Commitments and contingencies
Total stockholders’ equity	685.3	427
Total liabilities and stockholders' equity	961.5	805.5
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts and notes receivable, net	0	0
Inventories, net	(5.1)	(4.4)
Other assets	(61.7)	(59.9)
Total current assets	(66.8)	(64.3)
Property, plant and equipment, net of accumulated depreciation of $717.2 and $682.9 in 2016 and 2015, respectively	0	0
Goodwill	0	0
Investment in subsidiaries	(1,691.1)	(1,216)
Deferred income taxes	(14.7)	(14.7)
Other assets, net	(1.4)	(1.5)
Intercompany receivables (payables), net	(73.2)	0
Total assets	(1,847.2)	(1,296.5)
Current Liabilities:
Short-term debt	0	0
Current maturities of long-term debt	0	0
Accounts payable	0	0
Accrued expenses	0	0
Income taxes payable	(79.3)	(75.5)
Total current liabilities	(79.3)	(75.5)
Long-term debt	0	0
Post-retirement benefits, other than pensions	0	0
Pensions	0	0
Other liabilities	(2.5)	(4.2)
Total liabilities	(81.8)	(79.7)
Commitments and contingencies
Total stockholders’ equity	(1,765.4)	(1,216.8)
Total liabilities and stockholders' equity	$ (1,847.2)	$ (1,296.5)

Condensed Consolidating Fina151

Condensed Consolidating Financial Statements (Statements of Operations and Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Condensed Income Statements, Captions [Line Items]
Net sales	$ 897.3	$ 1,010	$ 1,019.2	$ 715.2	$ 834.1	$ 955	$ 992.5	$ 685.8	$ 3,641.6	$ 3,467.4	$ 3,367.4
Cost of goods sold									2,565.1	2,520	2,464.1
Gross profit	267.6	310.3	315	183.6	227.6	273.4	283.4	163	1,076.5	947.4	903.3
Operating expenses:
Selling, general and administrative expenses									621	580.5	573.7
Losses and other expenses, net									11.3	21.7	6.8
Restructuring charges									1.8	3.2	1.9
Goodwill impairment					5.5				0	5.5	0
Impairment of assets					44.5				0	44.5	0
Pension and Other Postretirement Benefit Expense									31.4	0	0
Income from equity method investments									(18.4)	(13.4)	(13.8)
Operating income									429.4	305.4	334.7
Interest expense, net									27	23.6	17.2
Other income, net									(0.3)	(0.8)	(0.1)
Income from continuing operations before income taxes									402.7	282.6	317.6
Provision for income taxes									124.1	95.4	109.5
Income from continuing operations									278.6	187.2	208.1
Loss from discontinued operations									(0.8)	(0.6)	(2.3)
Net income	$ 40.4	$ 101.7	$ 110.7	$ 24.9	$ 11.2	$ 80.3	$ 81.2	$ 13.9	277.8	186.6	205.8
Other comprehensive income (loss)									9.6	(51.2)	(92.4)
Comprehensive income									287.4	135.4	113.4
Parent [Member]
Condensed Income Statements, Captions [Line Items]
Net sales									0	0	0
Cost of goods sold									0	0	0
Gross profit									0	0	0
Operating expenses:
Selling, general and administrative expenses									0	0	0
Losses and other expenses, net									(3.3)	0.7	0
Restructuring charges									0	0	0
Goodwill impairment									0	0	0
Impairment of assets									0	0	0
Pension and Other Postretirement Benefit Expense									0	0	0
Income from equity method investments									(292.4)	(201.8)	(216.4)
Operating income									295.7	201.1	216.4
Interest expense, net									24.4	22.4	16
Other income, net									0	0	0
Income from continuing operations before income taxes									271.3	178.7	200.4
Provision for income taxes									(6.5)	(7.8)	(5.6)
Income from continuing operations									277.8	186.5	206
Loss from discontinued operations									0	0	0
Net income									277.8	186.5	206
Other comprehensive income (loss)									14	(3.5)	(4.1)
Comprehensive income									291.8	183	201.9
Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Net sales									3,117.6	2,950.6	2,775.7
Cost of goods sold									2,203.8	2,150.9	2,057.8
Gross profit									913.8	799.7	717.9
Operating expenses:
Selling, general and administrative expenses									524.3	485.6	454.5
Losses and other expenses, net									9.7	13.7	3.2
Restructuring charges									1.9	(0.5)	0.4
Goodwill impairment									0	5.5	0
Impairment of assets									0	44.5	0
Pension and Other Postretirement Benefit Expense									30.5	0	0
Income from equity method investments									(40.7)	(5.9)	(25.4)
Operating income									388.1	256.8	285.2
Interest expense, net									(2.2)	(2)	(3)
Other income, net									0	0	0
Income from continuing operations before income taxes									390.3	258.8	288.2
Provision for income taxes									108.2	87.9	91.7
Income from continuing operations									282.1	170.9	196.5
Loss from discontinued operations									0	0	0
Net income									282.1	170.9	196.5
Other comprehensive income (loss)									8.5	(3.3)	(51.2)
Comprehensive income									290.6	167.6	145.3
Non-Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Net sales									728	701.8	818
Cost of goods sold									564.5	556.4	628.3
Gross profit									163.5	145.4	189.7
Operating expenses:
Selling, general and administrative expenses									96.7	94.9	119.2
Losses and other expenses, net									5.1	7.5	3.6
Restructuring charges									(0.1)	3.7	1.5
Goodwill impairment									0	0	0
Impairment of assets									0	0	0
Pension and Other Postretirement Benefit Expense									0.9	0	0
Income from equity method investments									(14.4)	(10.5)	(11.3)
Operating income									75.3	49.8	76.7
Interest expense, net									4.8	3.2	4.2
Other income, net									(0.3)	(0.8)	(0.1)
Income from continuing operations before income taxes									70.8	47.4	72.6
Provision for income taxes									22.6	14.3	24.9
Income from continuing operations									48.2	33.1	47.7
Loss from discontinued operations									(0.8)	(0.6)	(2.3)
Net income									47.4	32.5	45.4
Other comprehensive income (loss)									(14.2)	(40.4)	(34.8)
Comprehensive income									33.2	(7.9)	10.6
Eliminations [Member]
Condensed Income Statements, Captions [Line Items]
Net sales									(204)	(185)	(226.3)
Cost of goods sold									(203.2)	(187.3)	(222)
Gross profit									(0.8)	2.3	(4.3)
Operating expenses:
Selling, general and administrative expenses									0	0	0
Losses and other expenses, net									(0.2)	(0.2)	0
Restructuring charges									0	0	0
Goodwill impairment									0	0	0
Impairment of assets									0	0	0
Pension and Other Postretirement Benefit Expense									0	0	0
Income from equity method investments									329.1	204.8	239.3
Operating income									(329.7)	(202.3)	(243.6)
Interest expense, net									0	0	0
Other income, net									0	0	0
Income from continuing operations before income taxes									(329.7)	(202.3)	(243.6)
Provision for income taxes									(0.2)	1	(1.5)
Income from continuing operations									(329.5)	(203.3)	(242.1)
Loss from discontinued operations									0	0	0
Net income									(329.5)	(203.3)	(242.1)
Other comprehensive income (loss)									1.3	(4)	(2.3)
Comprehensive income									$ (328.2)	$ (207.3)	$ (244.4)

Condensed Consolidating Fina152

Condensed Consolidating Financial Statements (Statements of Cash Flows) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities:	$ 354.5	$ 331.2	$ 184.8
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.2	0.1	1.1
Purchases of property, plant and equipment	(84.3)	(69.9)	(88.4)
Net cash used in investing activities	(84.1)	(69.8)	(87.3)
Cash flows from financing activities:
Short-term borrowings, net	(2.4)	(1.7)	1.5
Proceeds from Other Debt	145	40	100
Asset securitization payments	(295)	(60)	(40)
Long-term debt borrowings	350	0	300
Borrowings from credit facility	2,336.5	1,671	2,073.5
Repayments of Long-term Debt	(58.8)	(24)	(2.3)
Repayments of Long-term Lines of Credit	2,346	1,807.5	1,908.5
Payments of deferred financing costs	(4.2)	0	(2.2)
Proceeds from Stock Options Exercised	2.6	2.4	2
Payments Related to Tax Withholding for Share-based Compensation	33.3	32	22.4
Repurchases of common stock	(300)	0	(550.3)
Excess Tax Benefit from Share-based Compensation, Financing Activities	19.4	22.4	11.8
Proceeds from (Repayments of) Related Party Debt	0	0	0
Increase (Decrease) in Accounts Payable, Related Parties	0	0	0
Payments of Ordinary Dividends, Common Stock	69	59.3	52.6
Net Cash Provided by (Used in) Financing Activities	(255.2)	(248.7)	(89.5)
Increase (decrease) in cash and cash equivalents	15.2	12.7	8
Effect of exchange rates on cash and cash equivalents	3.9	11.3	8.5
Cash and cash equivalents, beginning of year	38.9	37.5	38
Cash and cash equivalents, end of year	50.2	38.9	37.5
Parent [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities:	(1.6)	226.9	328.8
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0	0	0
Purchases of property, plant and equipment	0	0	0
Net cash used in investing activities	0	0	0
Cash flows from financing activities:
Short-term borrowings, net	0	0	0
Proceeds from Other Debt	0	0	0
Asset securitization payments	0	0	0
Long-term debt borrowings	350	0	300
Borrowings from credit facility	2,336.5	1,671	2,073.5
Repayments of Long-term Debt	(57.5)	(22.5)	0
Repayments of Long-term Lines of Credit	2,346	1,807.5	1,908.5
Payments of deferred financing costs	(4.2)	0	(2.2)
Proceeds from Stock Options Exercised	2.6	2.4	2
Payments Related to Tax Withholding for Share-based Compensation	33.3	32	22.4
Repurchases of common stock	(300)	0	(550.3)
Excess Tax Benefit from Share-based Compensation, Financing Activities	19.4	22.4	11.8
Proceeds from (Repayments of) Related Party Debt	30	(9.4)	(0.1)
Increase (Decrease) in Accounts Payable, Related Parties	73.8	7.5	(180.1)
Payments of Ordinary Dividends, Common Stock	69	59.3	52.6
Net Cash Provided by (Used in) Financing Activities	2.3	(227.4)	(328.9)
Increase (decrease) in cash and cash equivalents	0.7	(0.5)	(0.1)
Effect of exchange rates on cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of year	0.5	1	1.1
Cash and cash equivalents, end of year	1.2	0.5	1
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities:	218.5	49.3	(97.2)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0	0.1	1
Purchases of property, plant and equipment	(71.5)	(60.2)	(70.5)
Net cash used in investing activities	(71.5)	(60.1)	(69.5)
Cash flows from financing activities:
Short-term borrowings, net	0	0	0
Proceeds from Other Debt	0	0	0
Asset securitization payments	0	0	0
Long-term debt borrowings	0	0
Borrowings from credit facility	0	0	0
Repayments of Long-term Debt	(0.9)	(1.2)	(1.9)
Repayments of Long-term Lines of Credit	0	0	0
Payments of deferred financing costs	0	0	0
Proceeds from Stock Options Exercised	0	0	0
Payments Related to Tax Withholding for Share-based Compensation	0	0	0
Repurchases of common stock	0	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities	0	0	0
Proceeds from (Repayments of) Related Party Debt	(65.8)	7.1	4.7
Increase (Decrease) in Accounts Payable, Related Parties	(71)	1.2	164.9
Payments of Ordinary Dividends, Common Stock	0	0	0
Net Cash Provided by (Used in) Financing Activities	(137.7)	7.1	167.7
Increase (decrease) in cash and cash equivalents	9.3	(3.7)	1
Effect of exchange rates on cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of year	7.8	11.5	10.5
Cash and cash equivalents, end of year	17.1	7.8	11.5
Non-Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities:	137.6	55	(46.8)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.2	0	0.1
Purchases of property, plant and equipment	(12.8)	(9.7)	(17.9)
Net cash used in investing activities	(12.6)	(9.7)	(17.8)
Cash flows from financing activities:
Short-term borrowings, net	(2.4)	(1.7)	1.5
Proceeds from Other Debt	145	40	100
Asset securitization payments	(295)	(60)	(40)
Long-term debt borrowings	0	0
Borrowings from credit facility	0	0	0
Repayments of Long-term Debt	(0.4)	(0.3)	(0.4)
Repayments of Long-term Lines of Credit	0	0	0
Payments of deferred financing costs	0	0	0
Proceeds from Stock Options Exercised	0	0	0
Payments Related to Tax Withholding for Share-based Compensation	0	0	0
Repurchases of common stock	0	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities	0	0	0
Proceeds from (Repayments of) Related Party Debt	35.8	2.3	(4.6)
Increase (Decrease) in Accounts Payable, Related Parties	(2.8)	(8.7)	15.2
Payments of Ordinary Dividends, Common Stock	0	0	0
Net Cash Provided by (Used in) Financing Activities	(119.8)	(28.4)	71.7
Increase (decrease) in cash and cash equivalents	5.2	16.9	7.1
Effect of exchange rates on cash and cash equivalents	3.9	11.3	8.5
Cash and cash equivalents, beginning of year	30.6	25	26.4
Cash and cash equivalents, end of year	31.9	30.6	25
Eliminations [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities:	0	0	0
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0	0	0
Purchases of property, plant and equipment	0	0	0
Net cash used in investing activities	0	0	0
Cash flows from financing activities:
Short-term borrowings, net	0	0	0
Proceeds from Other Debt	0	0	0
Asset securitization payments	0	0	0
Long-term debt borrowings	0	0
Borrowings from credit facility	0	0	0
Repayments of Long-term Debt	0	0	0
Repayments of Long-term Lines of Credit	0	0	0
Payments of deferred financing costs	0	0	0
Proceeds from Stock Options Exercised	0	0	0
Payments Related to Tax Withholding for Share-based Compensation	0	0	0
Repurchases of common stock	0	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities	0	0	0
Proceeds from (Repayments of) Related Party Debt	0	0	0
Increase (Decrease) in Accounts Payable, Related Parties	0	0	0
Payments of Ordinary Dividends, Common Stock	0	0	0
Net Cash Provided by (Used in) Financing Activities	0	0	0
Increase (decrease) in cash and cash equivalents	0	0	0
Effect of exchange rates on cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of year	0	0	0
Cash and cash equivalents, end of year	$ 0	$ 0	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) shares in Millions, $ in Millions	Feb. 09, 2017	Oct. 19, 2016	Aug. 01, 2016	Feb. 10, 2016	Jul. 18, 2016
Subsequent Event [Line Items]
Accelerated share repurchases, initial price to be paid			$ 100	$ 200
Accelerated share repurchases, shares		0.2	0.5	1.3	0.2
Accelerated share repurchases, percentages of shares to be repurchased			75.00%	75.00%
Subsequent Event [Member]
Subsequent Event [Line Items]
Accelerated share repurchases, initial price to be paid	$ 75
Accelerated share repurchases, shares	0.4
Accelerated share repurchases, percentages of shares to be repurchased	85.00%

Schedule II - Valuation and 154

Schedule II - Valuation and Qualifying Accounts and Reserves (Details) - Allowance for Doubtful Accounts [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of year	$ 6.3	$ 7.9	$ 9.8
Additions charged to cost and expenses	2.4	2.8	2.6
Write-offs	(2.7)	(4.9)	(4.6)
Recoveries	0.9	1.1	1.1
Other	(0.2)	(0.6)	(1)
Balance at end of year	$ 6.7	$ 6.3	$ 7.9