WABCO (WBC) 10-Q 25 Oct 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 24, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	WABCO Holdings Inc.
Entity Central Index Key	1390844
Current Fiscal Year End Date	-19
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	30-Sep-13
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3
Amendment Flag	FALSE
Trading Symbol	wbc
Entity Common Stock, Shares Outstanding		62,143,652

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Sales	$677.10	$588.30	$2,000.10	$1,880.80
Cost of sales	477.6	413.1	1,396.30	1,315.80
Gross Profit	199.5	175.2	603.8	565
Costs and expenses:
Selling and administrative expenses	80.6	76.4	252.3	229.6
Product engineering expenses	30.9	25.5	90.7	77.7
Other operating expenses, net	1.1	0.1	5.7	2.2
Operating income	86.9	73.2	255.1	255.5
Equity income of unconsolidated joint ventures, net	4.7	4.1	12.9	13.8
Other non-operating (expense)/income, net	-0.9	-0.8	2.8	-2
Interest expense, net	-0.2	-0.3	-0.7	-1.2
Income before income taxes	90.5	76.2	270.1	266.1
Income tax expense/(benefit)	8	-3.3	25.8	15.7
Net Income	82.5	79.5	244.3	250.4
Less: net income attributable to noncontrolling interests	2.5	2	7.4	8.1
Net income attributable to Company	$80	$77.50	$236.90	$242.30
Net income attributable to Company per common share
Basic (in usd per share)	$1.28	$1.22	$3.78	$3.78
Diluted (in usd per share)	$1.26	$1.19	$3.72	$3.69
Cash dividends per share of common stock (in usd per share)	$0	$0	$0	$0
Weighted average common shares outstanding
Basic (in shares)	62,465,812	63,628,835	62,684,399	64,184,823
Diluted (in shares)	63,248,651	64,904,085	63,615,995	65,638,742

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Comprehensive income	$90.30	$102	$222.10	$249.40
Less: comprehensive income attributable to noncontrolling interests	1	4.7	2	8.1
Comprehensive income attributable to Company	$89.30	$97.30	$220.10	$241.30

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Current assets:
Cash and cash equivalents	$187.50	$175
Accounts receivable, less allowance for doubtful accounts of $4.7 in 2013 and $3.6 in 2012	363.5	301.5
Inventories:
Finished products	99.4	76.9
Products in process	7.7	7.1
Raw materials	106.1	107.8
Taxes receivable on income	3	0
Future income tax benefits	10.7	13.8
Restricted cash	32.3	26
Guaranteed notes receivable	54.4	41.2
Other current assets	48.7	43.3
Total current assets	913.3	792.6
Property, plant, and equipment, less accumulated depreciation	383.6	389
Goodwill	374.8	371.7
Long-term future income tax benefits	93.5	91.5
Investments in unconsolidated joint ventures	20.5	20.5
Intangible assets, net	41.5	39.4
Other assets	42	42.3
TOTAL ASSETS	1,869.20	1,747
Current liabilities:
Loans payable to banks		76.2
Accounts payable	146.6	115.4
Accrued payroll	115.3	94.2
Current portion of warranties	28	33.8
Taxes payable	0	5.7
Other accrued liabilities	135.3	120.4
Total current liabilities	448.6	445.7
Post-retirement benefits	437.3	430.6
Deferred tax liabilities	30.4	29.9
Long-term income tax liabilities	48.5	47.7
Other liabilities	62.1	64.4
Total liabilities	1,026.90	1,018.30
Shareholders' equity:
Preferred stock, 4,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $.01 par value, 400,000,000 shares authorized; shares issued: 77,324,703 in 2013; 75,755,306 in 2012; and shares outstanding: 62,230,330 in 2013; 62,747,151 in 2012	0.8	0.7
Capital surplus	789.3	735.5
Treasury stock, at cost: 15,094,373 shares in 2013; 13,008,155 shares in 2012	-808	-655.8
Retained earnings	955.5	718.6
Accumulated other comprehensive income:
Foreign currency translation adjustments	-32.5	-15.4
Unrealized losses on benefit plans, net of tax	-106.9	-107.2
Total shareholders' equity	798.2	676.4
Noncontrolling interests	44.1	52.3
Total equity	842.3	728.7
TOTAL LIABILITIES AND EQUITY	$1,869.20	$1,747

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, except Share data, unless otherwise specified
Accounts receivable, allowance for doubtful accounts	$4.70	$3.60
Preferred stock, shares authorized	4,000,000	4,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares issued	77,324,703	75,755,306
Common stock, shares outstanding	62,230,330	62,747,151
Treasury stock, shares	15,094,373	13,008,155

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Operating activities:
Net income	$244.30	$250.40
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	55.8	49.7
Amortization of intangibles	9	8.3
Equity in earnings of unconsolidated joint ventures, net of dividends received	0.1	-1.7
Non-cash stock compensation	9.7	11
Deferred income tax expense	1.6	-15.6
Loss on sale or disposal of property, plant and equipment	0.2	0.1
Changes in assets and liabilities:
Accounts receivable, net	-64.3	-24.9
Inventories	-24	-9.3
Accounts payable	31.9	6.8
Other accrued liabilities and taxes	16.3	2.7
Other current and long-term assets	-30.9	32.1
Other long-term liabilities	-1.6	-27.5
Net cash provided by operating activities	248.1	282.1
Investing activities:
Purchases of property, plant and equipment	-58.3	-60.5
Investments in capitalized software	-9.4	-6.8
Net cash used in investing activities	-67.7	-72.4
Financing activities:
Net (repayments)/borrowings of revolving credit facilities	-45.9	47.4
Net repayments of short-term debt	-7	-6.2
Purchases of treasury stock	-148.6	-146.9
Dividends to noncontrolling interest holders	-4.5	-4.6
Proceeds from exercise of stock options	44.4	21.5
Net cash used in financing activities	-166.2	-88.1
Effect of exchange rate changes on cash and cash equivalents	-1.7	1
Net increase in cash and cash equivalents	12.5	122.6
Cash and cash equivalents at beginning of period	175	102.4
Cash and cash equivalents at end of period	187.5	225
Cash paid during the period for:
Interest	0.2	0.8
Income taxes	30	23.5
Non cash items for the period:
Treasury stock purchase accrual	$6.10	$4

Basis_of_Financial_Statement_P

Basis of Financial Statement Presentation	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation
	WABCO Holdings Inc. and its subsidiaries (collectively “WABCO” or the “Company”) develops, manufactures and sells advanced braking, stability, suspension and transmission control systems primarily for commercial vehicles. WABCO’s largest selling products are pneumatic anti-lock braking systems (“ABS”), electronic braking systems (“EBS”), automated manual transmission systems, air disc brakes and a large variety of conventional mechanical products such as actuators, air compressors and air control valves for heavy and medium-sized trucks, trailers and buses. WABCO sells its products to four groups of customers around the world: truck and bus original equipment manufacturers (“OEMs”), trailer OEMs, aftermarket distributors of replacement parts and services and automotive OEMs.
	The accompanying condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments, including normal recurring items, considered necessary for a fair presentation of financial data have been included. The results of operations for interim periods are not necessarily indicative of the results that may be expected for the entire year. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes for the year ended December 31, 2012, included in the Company’s Annual Report on Form 10-K.
	Based on the organizational structure, as well as the nature of financial information available and reviewed by the Company’s chief operating decision maker to assess performance and make decisions about resource allocations, the Company has concluded that its total WABCO operations represent one reportable segment and that WABCO’s performance and future net cash flow perspectives are best understood and assessed as such. All majority-owned subsidiaries of WABCO are included in the consolidated financial statements and intercompany transactions are eliminated upon consolidation. WABCO’s investments in unconsolidated joint ventures are included at cost plus its equity in undistributed earnings less dividends and changes in foreign currency in accordance with the equity method of accounting and reflected as investments in unconsolidated joint ventures in the consolidated balance sheet.
	Preparation of the financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Management believes the most complex and sensitive judgments, because of their significance to the condensed consolidated financial statements, result primarily from the need to make estimates about the effects of matters that are inherently uncertain. Management’s Discussion and Analysis of Financial Condition and Results of Operations and Notes 2 and 14 to the Consolidated Financial Statements for the year ended December 31, 2012, in the Company’s Annual Report on Form 10-K, describe the most significant accounting estimates and policies used in the preparation of the Consolidated Financial Statements. Actual results in these areas could differ materially from management’s estimates. There have been no significant changes in the Company’s assumptions regarding critical accounting estimates during the first nine months of 2013.

Recently_Issued_Accounting_Sta

Recently Issued Accounting Standards	9 Months Ended
	Sep. 30, 2013
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards
	The adoption of recently issued accounting standards did not have a material impact on the condensed consolidated financial statements, nor do we expect the pending adoption of recently issued accounting standards to have a material impact on the condensed consolidated financial statements.
	In July 2013, the FASB issued Accounting Standards Update 2013-11 ("ASU 2013-11") Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, which provides guidance on the presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. ASU 2013-11 is effective for interim and annual periods beginning after December 15, 2013. We do not expect any material impact from adoption of this guidance on the consolidated financial statements.
	In February 2013, the FASB issued ASU 2013-02 Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income ("ASU 2013-02"). ASU 2013-02 aims to improve the reporting of reclassifications out of accumulated other comprehensive income. The entities are required to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income. We adopted the provisions of ASU 2013-02 as of March 31, 2013

Comprehensive_Income

Comprehensive Income	9 Months Ended
	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]
Comprehensive Income	Comprehensive Income
	Total comprehensive income attributable to the Company consisted of the following (amounts in millions):
		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2013				2012				2013				2012
	Net income including noncontrolling interests	$	82.5			$	79.5			$	244.3			$	250.4
	Foreign currency translation gains/(losses)	10.8				24.2				(22.5		)		(1.9		)
	Unrealized (losses) / gains on benefit plans, net	(3.0		)		(1.7		)		0.3				0.9
	Comprehensive income	90.3				102				222.1				249.4
	Less: Net income attributable to noncontrolling interests	2.5				2				7.4				8.1
	Less: Foreign currency translation (losses)/gains, attributable to noncontrolling interests	(1.5		)		2.7				(5.4		)		—
	Comprehensive income attributable to Company	$	89.3			$	97.3			$	220.1			$	241.3
	The table below presents the rollforward of Accumulated Other Comprehensive Income for the nine month period ended September 30, 2013 (amounts in millions).
		Accumulated Other Comprehensive Income
		Foreign Currency Translation			Losses on Intra-entity transactions (1)			Unrealized Losses on Benefit Plans, net of tax				Total
	Beginning balance as of December 31, 2012	$	(9.5	)	$	(5.9	)	$	(107.2	)		$	(122.6	)
	Other comprehensive income before reclassifications	(14.2		)	(2.9		)	(3.1		)		(20.2		)
	Amounts reclassified from accumulated other comprehensive income	—			—			3.4			-2	3.4
	Net current period other comprehensive income	(14.2		)	(2.9		)	0.3				(16.8		)
	Ending Balance as of September 30, 2013	$	(23.7	)	$	(8.8	)	$	(106.9	)		$	(139.4	)
	(1) Relates to intra-entity foreign currency transactions that are of a long term investment nature, when the entities to the transaction are consolidated, combined or accounted for by the equity method in the Company's financial statements.
	(2) This accumulated other comprehensive income component, net of $1.4 million in tax, is included in the computation of net periodic pension cost. See Note 13 Post-retirement Benefits for additional details.

Accounts_Receivable_Securitiza

Accounts Receivable Securitization Program & Financing Receivables	9 Months Ended
	Sep. 30, 2013
Accounts Receivable Financing Facility [Abstract]
Accounts Receivable Securitization Program & Financing Receivables	Accounts Receivable Securitization Program & Financing Receivables
	On September 23, 2009, the Company established an accounts receivable securitization program (the “Accounts Receivable Securitization Program”) with Société Générale Bank Nederland N.V. The maximum funding from receivables that may be sold into the Accounts Receivable Securitization Program and outstanding at any point in time is €80 million; however, there can be no assurance that the Company will generate sufficient eligible receivables to access the maximum availability. The original term of the Accounts Receivable Securitization Program was for one year, with the possibility of four additional annual extensions, assuming the Company and the participating sellers are in compliance with the applicable covenants. The Company extended the Accounts Receivable Securitization Program in September 2013 for one additional year.
	During the nine months ended September 30, 2013, the Company sold all of its eligible receivables into the Accounts Receivable Securitization Program. The receivables were removed from the balance sheet in accordance with the guidance under ASC topic 860, Transfers and Servicing. The total amount of receivables sold under the Accounts Receivable Securitization Program during the nine months ended September 30, 2013 was €570.9 million ($752.1 million at average exchange rates for the nine months ended September 30, 2013). The amount of eligible receivables sold and outstanding as of September 30, 2013 amounted to €74.2 million ($100.3 million at September 30, 2013 exchange rates). As a result of the sale, accounts receivable decreased by $100.3 million and cash and cash equivalents increased by $58.6 million. The remaining amount of proceeds of $41.7 million is a subordinated deposit with Société Générale Bank Nederland N.V. as of September 30, 2013.
	The fair value of the receivables sold equaled the carrying cost at time of sale, and no gain or loss was recorded as a result of the sale. The Company estimated the fair value of sold receivables using Level 3 inputs and based the estimate on historical and anticipated performance of similar receivables, including historical and anticipated credit losses (if any). As part of the Accounts Receivable Securitization Program, the Company continues to service the receivables. The Company sells the receivables at face value, but receives actual funding net of the subordinated deposit account until collections are received from customers for the receivables sold. The Company is exposed to the credit losses of sold receivables up to the amount of its subordinated deposit account at each settlement date. Credit losses for receivables sold and past due amounts outstanding at September 30, 2013 were both immaterial. Servicing fees paid for the program were $0.6 million and $0.7 million for the nine months ended September 30, 2013 and September 30, 2012 respectively.
	In addition to the above, the Company has the ability to access cash on a daily basis related to collections on sold receivables, which provided the Company with $29.1 million of additional cash as of September 30, 2013. Of these cash receipts, $19.7 million is classified on the consolidated balance sheet as loans payable to bank and $9.4 million reduced the subordinated deposit which is classified as restricted cash on the consolidated balance sheet as of September 30, 2013, to $32.3 million. Also, the Company has pledged unsold receivables under the Accounts Receivable Securitization Program of €18.0 million ($24.3 million at September 30, 2013 exchange rates).
	On April 15, 2009, the Company entered into a €35 million factoring program, which has a term of five years, with respects to accounts receivable from one of our customers. To date, we have not utilized this program.
	Other receivables available for financing include receivables from reputable state owned and public enterprises in China that are settled through bankers acceptance drafts, which are registered and endorsed to the Company. These drafts are fully guaranteed by banks and generally have contractual maturities of six months or less, but the ultimate recourse remains against the trade debtor. These guaranteed drafts are available for discounting with banking institutions in China or transferring to suppliers to settle liabilities. The total amount of notes receivable discounted or transferred for the first nine months of 2013 and 2012 were $29.6 million and $33.5 million, respectively. There were no expenses for the nine months ended September 30, 2013, compared to $0.1 million for the nine months ended September 30, 2012. The carrying amounts of these guaranteed notes receivable are $54.4 million and $41.2 million as of September 30, 2013 and December 31, 2012, respectively.
	The Company monitors the credit quality of both the drawers of the draft and guarantors on a monthly basis by reviewing various factors such as payment history, level of state involvement in the institution, size, national importance as well as current economic conditions in China. Since the Company has not experienced any historical losses nor is expecting future credit losses based on a review of the various credit quality indicators described above, we have not established a loss provision against these receivables as of September 30, 2013 or December 31, 2012.

Net_Income_Attributable_to_Com

Net Income Attributable to Company per Share	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]
Net Income Attributable to Company per Share	Net Income Attributable to Company per Share
	Basic net income attributable to Company per share has been computed using the weighted average number of WABCO common shares outstanding. The average number of outstanding shares of common stock used in computing diluted net income attributable to Company per share includes weighted average incremental shares when the impact is not anti-dilutive. The weighted average incremental shares represent the net amount of shares the Company would issue upon the assumed exercise of in-the-money stock options and vesting of restricted stock units (“RSUs”) after assuming that the Company would use the proceeds from the exercise of options to repurchase stock. Anti-dilutive shares, if applicable, are excluded and represent those options and RSU’s whose assumed proceeds were greater than the average price of the Company’s common stock.
		Three Months		Nine Months
		Ended September 30,		Ended September 30,
		2013	2012	2013	2012
	Weighted average incremental shares included	782,839	1,275,250	931,596	1,453,919
	Shares excluded due to anti-dilutive effect	672	510,997	89,304	472,459

Capital_Stock

Capital Stock	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]
Capital Stock	Capital Stock
	The following is a summary of net shares outstanding and shares issued or reacquired during the nine month period ended September 30, 2013.
		Number of Shares of Common Stock
		Total Shares	Treasury Shares		Net Shares
					Outstanding
	Balance, December 31, 2012	75,755,306	(13,008,155	)	62,747,151
	Shares issued upon exercise of stock options	1,457,037	—		1,457,037
	Shares issued upon vesting of RSUs	112,360	—		112,360
	Shares purchased for treasury	—	(2,086,218	)	(2,086,218	)
	Balance, September 30, 2013	77,324,703	(15,094,373	)	62,230,330
	The Company accounts for purchases of treasury stock under the cost method with the costs of such share purchases reflected in treasury stock in the accompanying condensed consolidated balance sheets. When treasury shares are reissued, they are recorded at the average cost of the treasury shares acquired since the inception of the share buy back programs, net of shares previously reissued and the Company reflects the difference between the average cost paid and the amount received for the reissued shares in capital surplus. As of September 30, 2013, no shares have been reissued.
	On May 26, 2011, the Board of Directors approved the repurchase of shares in an amount not to exceed $400 million, which expired on May 31, 2013. On October 26, 2012, the Board of Directors authorized the Company to enter into an additional share repurchase program. This board authorization allows for the repurchase of an additional $400 million of common shares at the discretion of management for a period until December 31, 2014. As of September 30, 2013, the Company had repurchased shares for a total amount of $531.7 million under these two repurchase programs, leaving an unexpended balance of $268.3 million available to repurchase shares in the future. Subsequent to September 30, 2013, the Company has repurchased 99,000 additional shares for $8.4 million. The Company plans to continue to purchase shares at prevailing market prices. The timing and amount of share repurchases, if any, will depend on a variety of factors, including, among other things, share price, market conditions and applicable regulatory requirements.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2013
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation
	The Company records stock-based compensation based on the estimated fair value of the award at the grant date and recognizes that as an expense in the condensed consolidated statements of income over the requisite service period. Commencing in 2013, the Company has replaced the stock options component of the equity incentive awards with performance stock units ("PSUs"), the vesting of which would occur, if at all, and at levels depending upon, the achievement of a three-year cumulative earnings metric. Total stock-based compensation cost recognized during the three and nine month periods ended September 30, 2013 and 2012 were as follows (amounts in millions):
		Three Months							Nine Months
		Ended September 30,							Ended September 30,
		2013				2012			2013			2012
	Stock-based compensation	$	3.1			$	3.4		$	9.7		$	11
	The total number and type of awards granted during the periods presented and the related weighted-average grant-date fair values were as follows:
		Nine Months									Nine Months
		Ended September 30, 2013									Ended September 30, 2012
		Underlying			Weighted-			Weighted			Underlying			Weighted-		Weighted
		Shares			Average			Average			Shares			Average		Average
					Exercise			Grant Date						Exercise		Grant Date
					Price			Fair Value						Price		Fair Value
	Options Granted	—									284,691			$	58.71	$	23.1
	RSUs Granted	117,457			$	—		$	68.5		133,804			$	—	$	58.47
	PSUs Granted	94,364			$	—		$	68.1
	Total Awards	211,821									418,495
	There were no stock options granted in the nine months ended September 30, 2013. In the nine months ended September 30, 2012, a total of 284,691 options were granted of which all are exercisable in equal installments over a period of three years.
	In the first nine months of 2013, a total of 117,457 RSUs were granted of which 6,764 vest immediately, 102,327 vest in equal annual installments over a period of three years and 3,710 vest after three years. Of the remaining 4,656 RSUs granted in 2013, 67% vest after two years and 33% vest after three years. In the first nine months of 2012, a total of 133,804 RSUs were granted of which 105,649 vest in equal annual installments over a period of three years. Of the remaining 28,155 RSUs granted in 2012, 10,027 vest immediately, 3,588 vest after two years and 14,540 vest after three years.
	In the first nine months of 2013, a total of 94,364 PSUs were granted, the vesting of which would occur, if at all, and at levels depending upon, the achievement of a certain three-year cumulative earnings per share goal.
	The weighted average grant date fair value for stock options was calculated under the Black-Scholes option-pricing model. The following table summarizes the significant assumptions used for the grants during the nine month periods ended September 30, 2013 and 2012:
	Assumption	September 30, 2013		September 30, 2012
	Risk-free interest rate	N/A		0.81	%
	Expected volatility	N/A		44.48	%
	Expected holding period	N/A		5 Years
	Expected forfeiture rate	N/A		2.6	%
	Expected dividend yield	N/A		—	%
	The risk free interest rate was based on the yield of U.S. Treasury securities that correspond to the expected holding period of the options. WABCO reviewed the historic volatility of its common stock over a four-year period, the common stock of its peer group over a three-year period, and the implied volatility for at-the-money options to purchase shares of its common stock. Based on this data, the Company chose to use a weighted average of the implied volatility of WABCO, the most recent four-year historical volatility of WABCO and the median most recent three-year historical volatility of WABCO’s peer group prior to the spin-off date. The expected holding period was calculated by reviewing the historical exercise pattern of all holders that were granted options and the exercise behavior of officers versus non-officers. The results of the analysis supported one expected holding period for all groups of employees. The expected forfeiture rate was determined based on the historical stock option forfeiture data of the Company.

Debt

Debt	9 Months Ended
	Sep. 30, 2013
Long-term Debt, Unclassified [Abstract]
Debt	Debt
	On July 8, 2011, the Company entered into a $400 million multi-currency five-year senior unsecured revolving credit facility (the "Facility") with the lenders and agent banks party thereto, including Banc of America Securities Limited as agent, issuing bank and swingline lender, and Banc of America Securities Limited, Citigroup Global Markets Limited, Fortis Bank S.A./N.V., ING Belgium SA/NV, Société Générale Corporate & Investment Banking, The Bank of Tokyo-Mitsubishi UFJ, Ltd and The Royal Bank of Scotland NV, (Belgium) Branch, as mandated lead arrangers and bookrunners and Credit Lyonnais and Unicredit Bank AG as lead arrangers. On August 23, 2013 the Company entered into an amendment agreement which extended the expiry of the Facility from September 1, 2016 to September 1, 2018. No other material terms were amended.
	As of September 30, 2013, the Facility is our principal bank credit facility, and it will expire on September 1, 2018. It replaced the $800 million multi-currency five-year senior unsecured revolving credit facility entered into by WABCO on May 31, 2007 with, among others, J.P. Morgan Securities, Inc. as lead arranger and bookrunner and JPMorgan Chase Bank, N.A., as agent, issuing bank and swingline lender.
	Under the Facility, the Company may borrow, on a revolving basis, loans in an aggregate principal amount at any one time outstanding not in excess of $400 million. Up to $50 million under the Facility may be used for issuing letters of credit, of which $48.8 million was unused as of September 30, 2013, and up to $50 million is available in the form of swingline loans, of which $50.0 million was unused as of September 30, 2013. There was no outstanding balance on the Facility as of September 30, 2013, and the balance of letters of credit issued was $1.2 million.
	The proceeds of the borrowings under the Facility will be available to repurchase WABCO shares, finance acquisitions, refinance existing indebtedness and meet general financing requirements.
	Interest on loans under the Facility will be calculated at a rate per annum equal to an applicable margin, which can vary from 0.80% to 1.55% based on the Company's leverage ratio, plus LIBOR for loans denominated in U.S. Dollars, EURIBOR for loans denominated in Euros, HIBOR for loans denominated in Hong Kong Dollars and SIBOR for loans denominated in Singapore Dollars, plus mandatory costs, if any.
	The Facility contains terms and provisions (including representations, covenants and conditions) customary for transactions of this type. Our primary financial covenant is a leverage test which requires net indebtedness not to exceed three times adjusted four quarter trailing EBITDA (earnings before interest, taxes, depreciation and amortization adjusted for certain items). Additional financial covenants include an interest coverage test and a maximum subsidiary indebtedness test. The interest coverage test requires three times interest expense not to exceed adjusted four quarter trailing EBITDA. The maximum subsidiary indebtedness test limits the total aggregate amount of indebtedness of WABCO's subsidiaries, excluding indebtedness under the Facility, to $400 million, of which not more than $150 million may be secured. At September 30, 2013 the Company had the ability to borrow an incremental $398.8 million under the Facility and was in compliance with all covenants.
	Financial covenants, as determined on the date the Facility was signed, are not subject to any future changes in U.S. GAAP accounting standards and all cash on the balance sheet can be deducted for net indebtedness purposes. In addition, expenses and payments related to any streamlining of WABCO’s operations are excluded when calculating the four quarter trailing adjusted EBITDA. Other covenants include delivery of financial reports and other information, compliance with laws including environmental laws and permits, ERISA and U.S. regulations, limitations on liens, mergers and sales of assets and change of business.
	Also, various subsidiaries had borrowings from banks totaling $23.4 million, of which $19.7 million relates to our Accounts Receivable Securitization Program referred to in Note 4 above. The remaining $3.7 million supports local working capital requirements.

Warranties_Guarantees_Commitme

Warranties, Guarantees, Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Warranties, Guarantees, Commitments and Contingencies [Abstract]
Warranties, Guarantees, Commitments and Contingencies	Warranties, Guarantees, Commitments and Contingencies
	Warranties
	Products sold by WABCO are covered by a basic limited warranty with terms and conditions that vary depending upon the product and country in which it was sold. The limited warranty covers the equipment, parts and labor (in certain cases) necessary to satisfy the warranty obligation generally for a period of two years. Estimated product warranty expenses are accrued in cost of goods sold at the time the related sale is recognized. Estimates of warranty expenses are based primarily on warranty claims experience and specific customer contracts. Warranty expenses include accruals for basic warranties for product sold, as well as accruals for product recalls, service campaigns and other related events when they are known and estimable. To the extent WABCO experiences changes in warranty claim activity or costs associated with servicing those claims, its warranty accrual is adjusted accordingly. Warranty accrual estimates are updated based upon the most current warranty claims information available.
	The following is a summary of changes in the Company’s product warranty liability for the three and nine month periods ended September 30, 2013 and 2012 (amounts in millions).
		Three Months						Nine Months
		Ended September 30,						Ended September 30,
		2013			2012			2013			2012
	Balance of warranty costs accrued, beginning of period	$	50.3		$	52.1		$	55.2		$	52.6
	Warranty costs accrued	5.1			4.5			14.9			20.1
	Warranty claims settled	(7.0		)	(6.5		)	(20.9		)	(20.5		)
	Foreign exchange translation effects	1.4			1.8			0.6			(0.3		)
	Balance of warranty costs accrued, end of period	$	49.8		$	51.9		$	49.8		$	51.9
	Current liability, included in current portion of warranties	$	28		$	41.2		$	28		$	41.2
	Long-term liability, included in other liabilities	$	21.8		$	10.7		$	21.8		$	10.7
	Guarantees and Commitments
	The Company has bank guarantees for $51.6 million which is comprised of uncollateralized bank guarantees, of which $45.9 million is related to tax and other litigation, $1.2 million is related to letters of credit and $4.5 million is related to other items.
	The Company has inventory and receivables that are pledged against a local bank facility in India to support local working capital requirements of $7.2 million. Also, the Company has pledged unsold receivables under the Accounts Receivable Securitization Program of €18.0 million ($24.3 million at September 30, 2013 exchange rates).
	Contingencies
	General
	We are subject to proceedings, lawsuits and other claims related to products and other matters. We are required to assess the likelihood of any adverse judgments or outcomes to these matters as well as potential ranges of probable and reasonably possible losses. A determination of the amount of liability to be recorded, if any, for these contingencies is made after careful analysis of each individual issue.
	Litigation
	On June 23, 2010, the European Commission (the “Commission”) issued a decision imposing a total of €326.1 million in fines, or approximately $400 million on the date of assessment (the “EC Fine”), on the former American Standard Companies Inc. (now Trane Inc., hereinafter referred to as “American Standard” or “Trane”), and certain of its European subsidiaries engaged in the Bath and Kitchen business and successor entities for infringements of European Union competition rules relating to the distribution of bathroom fixtures and fittings in a number of European countries. Pursuant to our Indemnification and Cooperation Agreement with Trane, WABCO Europe BVBA (an indirect wholly-owned subsidiary of WABCO) is responsible for, and is liable to indemnify Trane Inc. and Ideal Standard International (representing the successor to the Bath and Kitchen business, and owner of certain of the former American Standard subsidiaries) and their owners against the EC Fine.
	As required by the Indemnification and Cooperation Agreement, WABCO paid the fine amount into escrow on August 30, 2010, using €230.0 million of cash on hand and €96.1 million of additional borrowings. The funds were subsequently released from escrow and paid to the Commission. After reviewing all of the elements of the case, WABCO decided to appeal the decision in order to try to have the fine reduced. On September 8, 2010, WABCO filed its appeal in the General Court of the European Union (the "General Court"), located in Luxembourg. On March 27, 2012, the oral hearing for the appeal took place before the court.
	On September 16, 2013, the General Court delivered its judgment and reversed in part the decision of the Commission, reducing the original fine of €326.1 million by €205.8 million to €120.3 million.  Since WABCO had paid the full amount of the EC Fine (as described above), WABCO will receive the full amount of the reimbursement within 60 days.  The facts of the case are now settled.  The Commission has up to 2 months and 10 days from receipt of the General Court’s judgment to decide whether to file an appeal based solely on matters of law. An appeal would not have any impact on the Commission's obligation to repay the amount.
	Other
	In conjunction with the Tax Sharing Agreement, as further discussed in "Note 11. Tax and Indemnification Liabilities Transferred from Trane to WABCO", WABCO is responsible for certain tax and indemnification liabilities. These liabilities include indemnification liabilities to Trane of $13.3 million as of September 30, 2013. It is reasonably possible that the Company could incur losses in excess of the amount accrued. Although this amount cannot be estimated, we believe that any additional losses would not have a material adverse impact on the condensed consolidated financial statements.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	The income tax expense for the nine months ended September 30, 2013 was $25.8 million on pretax income of $270.1 million before adjusting for noncontrolling interest. Income tax expense is the net result of taxes on earnings in profitable jurisdictions, income offset by fully valued net operating losses, the accrual of interest on uncertain tax positions, and certain foreign tax planning. In addition, the Company recognized a tax benefit of $2.4 million during the first quarter due to the impact of U.S. tax legislation enacted in January 2013. During the third quarter of 2013, the Company also recognized an additional net tax benefit of $1.5 million primarily related to the filing of its 2012 U.S. Federal income tax return in September 2013.
	The accompanying September 30, 2013 condensed consolidated balance sheet continues to reflect a full valuation allowance for certain foreign tax loss carryforwards due to a continued cumulative loss position and an uncertain level of earnings in Europe. As a result of anticipated profitability for the year and positive trends in the foreseeable future in Europe, we may release all or a portion of this valuation allowance by the end of 2013. However, the exact timing and amount of the valuation allowance released are subject to change based on the level of profitability that we are able to actually achieve for the year and our visibility into future period results. The potential release of this valuation allowance by the end of 2013 would have a material impact on our recorded tax expense in the period of reversal. We will release this valuation allowance when management determines that it is more likely than not that our deferred tax asset will be realized.
	Unrecognized tax benefits at September 30, 2013 amounted to $47.0 million related to the WABCO business and $1.5 million related to WABCO obligations directly to tax authorities for Trane’s Bath and Kitchen business as further discussed in "Note 11. Tax and Indemnification Liabilities Transferred from Trane to WABCO". Moreover, $48.5 million of the unrecognized tax benefits are classified as long-term liabilities. The Company recognizes interest and penalties accrued related to unrecognized tax benefits in income tax expense. No material penalties have been accrued related to these unrecognized tax benefits.
	The Company is subject to taxation in the U.S. and various states and foreign jurisdictions. With no material exceptions, the Company is no longer subject to U.S. federal, state, local or foreign examinations by tax authorities for years before 2007.

Tax_and_Indemnification_Liabil

Tax and Indemnification Liabilities Transferred from Trane to WABCO	9 Months Ended
	Sep. 30, 2013
Tax And Indemnification Liabilities [Abstract]
Tax and Indemnification Liabilities Transferred from Trane to WABCO	Tax and Indemnification Liabilities Transferred from Trane to WABCO
	Pursuant to the Tax Sharing Agreement between Trane and WABCO, entered into on July 16, 2007, and other agreements with Trane as filed in WABCO’s Form 10 prior to its spin-off from Trane, WABCO is responsible for certain tax contingencies and indemnification liabilities. As noted in "Note 10. Income Taxes", the liabilities as of September 30, 2013 included $1.5 million related to non-U.S. entities of Trane’s former Bath and Kitchen business but for which WABCO entities have obligations directly to non-U.S. tax authorities. In addition, as of September 30, 2013, the Company had indemnification liabilities of $13.3 million which is classified within long-term liabilities on the balance sheet.
	During the first nine months of 2013, approximately $3.8 million of indemnification liabilities was released in the statement of income due to the settlement of a foreign tax audit.
	Under an indemnification agreement, WABCO Brazil is responsible for certain claims related to its business for periods prior to the spin-off of WABCO from American Standard. In particular, there are tax claims pending in various stages of the Brazilian legal process related to income, social contribution and/or value added taxes for which a contingency exists and which may or may not ultimately be incurred by the Company. The estimated total amount of the contingency as of September 30, 2013 is $42.0 million including interest. However, based on management’s assessment and advice of our external legal counsel, the Company believes that it has valid arguments in all of these cases and thus no accrual is required at this time.

Streamlining_Expenses

Streamlining Expenses	9 Months Ended
	Sep. 30, 2013
Restructuring Charges [Abstract]
Streamlining Expenses	Streamlining Expenses
	The Company accounts for employee-related streamlining charges as either a one-time benefit arrangement or an ongoing benefit arrangement as appropriate. From time to time the Company also has streamlining charges that are not related to employees, such as facility exit costs.
	Based on market declines occurring in the fourth quarter of 2008, we commenced a streamlining program on October 28, 2008 (the “2008/2009 Program”), which began with a consultative process with works councils and employee representatives globally. The 2008/2009 Program reduced our global workforce by approximately 1,800 employees. This level of reduction in workforce brought our capacity in line with market demand, while still allowing us to continue our focus on core strategies, including technology, new products, globalization, and quality and productivity initiatives. We believe the completion of these actions created sufficient flexibility in production and helped us to cope with anticipated demand volatility. The Company does not expect to incur any further charges on the 2008/2009 Program.
	Based on the Company’s efforts to maintain our global footprint, the Company will periodically enter into other streamlining programs as deemed necessary (“Other Programs”).
	The following is a summary of changes in the Company’s streamlining program liabilities for the nine month period ended September 30, 2013 (amounts in millions). Activity for the period consisted primarily of termination payments and employee-related charges.
	2008 / 2009 Program
	Balance as of December 31, 2012	$	10.2
	Charges during the first nine months of 2013	—
	Payments during the first nine months of 2013	(3.7		)
	Balance as of September 30, 2013	$	6.5
	Other Programs
	Balance as of December 31, 2012	$	9.9
	Charges during the first nine months of 2013	11.7
	Payments during the first nine months of 2013	(7.5		)
	Balance as of September 30, 2013	$	14.1
	Foreign exchange translation effects	$	0.6
	Total streamlining liability as of September 30, 2013	$	21.2
	A balance of $14.3 million is classified as long term and is included in other liabilities. The remaining $6.9 million is classified as short term and is included in other accrued liabilities as of September 30, 2013.
	The following is a summary of current and cumulative streamlining costs (amounts in millions):
		Charges for three months					Charges for nine months Ended September 30, 2013				Cumulative Charges
		Ended September 30, 2013									as of September 30, 2013
		2008/2009			Other		2008/2009		Other		2008/2009		Other
		Program			Programs		Program		Programs		Program		Programs
	Employee-related charges – cost of sales	$	—		$	0.8	$	—	$	4	$	45.7	$	14
	Employee-related charges – selling and administrative	—			1		—		7.6		45.8		17.1
	Asset write-offs	—			—		—		0.1		—		1.1
	Total program costs	$	—		$	1.8	$	—	$	11.7	$	91.5	$	32.2

Postretirement_Benefits

Post-retirement Benefits	9 Months Ended
	Sep. 30, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Post-retirement Benefits	Post-retirement Benefits
	Post-retirement pension, health and life insurance costs had the following components for the three and nine month periods ended September 30, 2013 and 2012 (amounts in millions):
		Three Months										Nine Months
		Ended September 30,										Ended September 30,
		2013			2013		2012			2012		2013			2013		2012			2012
		Pension			Health		Pension			Health		Pension			Health		Pension			Health
		Benefits			& Life		Benefits			& Life		Benefits			& Life		Benefits			& Life
					Ins.					Ins.					Ins.					Ins.
					Benefits					Benefits					Benefits					Benefits
	Service cost-benefits earned during period	$	3.2		$	—	$	2.2		$	—	$	9.6		$	—	$	6.7		$	—
	Interest cost on the projected benefit obligation	5.2			0.1		5.9			0.2		15.5			0.4		17.8			0.4
	Plan amendments	—			—		—			—		—			—		(4.3		)	—
	Less assumed return on plan assets	(2.3		)	—		(2.4		)	—		(6.8		)	—		(6.8		)	—
	Amortization of net loss	1.6			0.1		0.7			0.1		4.7			0.3		1.9			0.3
	Defined benefit plan cost	$	7.7		$	0.2	$	6.4		$	0.3	$	23		$	0.7	$	15.3		$	0.7
	The Company makes contributions to funded pension plans that, at a minimum, meet all statutory funding requirements. Contributions in 2013, as well as payments of benefits incurred by unfunded plans were in line with the expectations for 2013 and also in line with the contributions made during 2012.
	Defined benefit plan cost is included in selling and administrative expenses and cost of sales on the Condensed Consolidated Statements of Income.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2013
Derivative Instruments and Hedges, Assets [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities
	ASC topic 815, Derivatives and Hedging, requires a company to recognize all of its derivative instruments as either assets or liabilities on the balance sheet at fair value. The accounting for changes in the fair value of a derivative instrument depends on whether it qualifies and has been designated as a relationship hedge. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in a foreign operation.
	The Company recognizes all derivative financial instruments in the consolidated balance sheet at fair value using Level 2 inputs and these are classified as “other current assets,” “other assets,” “other accrued liabilities” or “other liabilities” on the consolidated balance sheet. Level 2 inputs used by the Company in valuing its derivative instruments include model-based valuation techniques for which all significant assumptions are observable in the market.
	The earnings impact resulting from changes in the fair value of derivative instruments is recorded in the same line item in the consolidated statement of operations as the underlying exposure being hedged or in accumulated other comprehensive income ("AOCI") for derivatives that qualify and have been designated as cash flow hedges or hedges of a net investment in a foreign operation. Any ineffective portion of a financial instrument's change in fair value is recognized in earnings together with changes in the fair value of any derivatives not designated as relationship hedges.
	Foreign exchange contracts are used by the Company to offset the earnings impact relating to the variability in exchange rates on certain assets and liabilities denominated in non-functional currencies and have not been designated as relationship hedges. As of September 30, 2013, forward contracts for an aggregate notional amount of €72.5 million ($98.1 million at September 30, 2013 exchange rates) were outstanding with an average duration of one month. These foreign exchange contracts have offset the revaluation of assets and liabilities. The combined net non-operating gain for the nine months ended September 30, 2013 was $0.1 million. The majority of these exchange contracts were entered into on September 27, 2013. The fair value of the derivatives was $0.1 million at September 30, 2013.

Business_combinations_Notes

Business combinations (Notes)	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]
Business Combinations	Business Combinations
	On September 13, 2012, the Company completed its acquisition of Ephicas, based in the Netherlands, a pioneering company in the field of innovative aerodynamic solutions for commercial vehicles. The Company acquired all of the equity interests in Ephicas and also assumed certain liabilities. Leveraging Ephicas’ expertise and patented technologies, the Company will develop a range of aerodynamic products – branded OptiFlow™ – that are designed to increase vehicle efficiency and reduce fuel consumption for trucks, trailers and buses.
	The acquisition was recorded in accordance with ASC 805 Business Combinations ("ASC 805"). ASC 805 requires that all identifiable intangible assets be recognized as an asset apart from goodwill if the asset arises from contractual or other legal rights, or is separable from the acquired entity. The fair value of Ephicas' identified intangible assets was $2.1 million and goodwill was $3.6 million.

Noncontrolling_interests_Notes

Noncontrolling interests (Notes)	9 Months Ended
	Sep. 30, 2013
Noncontrolling Interest [Abstract]
Noncontrolling Interests	Noncontrolling Interests
	On August 30, 2013, WABCO acquired the remaining shares in its Chinese joint venture, Shandong Weiming Automotive Products ("SWAP"), for cash consideration of $4.6 million thus increasing its ownership from 70% to 100%. The table below shows the effect of the change in ownership interest on the Company's equity for the three and nine months ended September 30, 2013 and 2012 (amounts in millions):
		Three Months				Nine Months
		Ended September 30,				Ended September 30,
		2013		2012		2013		2012
	Net income attributable to Company	$	80	$	77.5	$	236.9	$	242.3
	Transfers from the noncontrolling interest:
	Increase in paid-in capital for acquisition of noncontrolling interest	1.1		—		1.1		—
	Net transfers from noncontrolling interest	$	1.1	$	—	$	1.1	$	—
	Change from net income attributable to Company and transfers from noncontrolling interest	$	81.1	$	77.5	$	238	$	242.3

Comprehensive_Income_Tables

Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]
Schedule of Comprehensive Income	Total comprehensive income attributable to the Company consisted of the following (amounts in millions):
		Three Months Ended								Nine Months Ended
		September 30,								September 30,
		2013				2012				2013				2012
	Net income including noncontrolling interests	$	82.5			$	79.5			$	244.3			$	250.4
	Foreign currency translation gains/(losses)	10.8				24.2				(22.5		)		(1.9		)
	Unrealized (losses) / gains on benefit plans, net	(3.0		)		(1.7		)		0.3				0.9
	Comprehensive income	90.3				102				222.1				249.4
	Less: Net income attributable to noncontrolling interests	2.5				2				7.4				8.1
	Less: Foreign currency translation (losses)/gains, attributable to noncontrolling interests	(1.5		)		2.7				(5.4		)		—
	Comprehensive income attributable to Company	$	89.3			$	97.3			$	220.1			$	241.3
Schedule of Accumulated Other Comprehensive Income (Loss)	The table below presents the rollforward of Accumulated Other Comprehensive Income for the nine month period ended September 30, 2013 (amounts in millions).
		Accumulated Other Comprehensive Income
		Foreign Currency Translation			Losses on Intra-entity transactions (1)			Unrealized Losses on Benefit Plans, net of tax				Total
	Beginning balance as of December 31, 2012	$	(9.5	)	$	(5.9	)	$	(107.2	)		$	(122.6	)
	Other comprehensive income before reclassifications	(14.2		)	(2.9		)	(3.1		)		(20.2		)
	Amounts reclassified from accumulated other comprehensive income	—			—			3.4			-2	3.4
	Net current period other comprehensive income	(14.2		)	(2.9		)	0.3				(16.8		)
	Ending Balance as of September 30, 2013	$	(23.7	)	$	(8.8	)	$	(106.9	)		$	(139.4	)
	(1) Relates to intra-entity foreign currency transactions that are of a long term investment nature, when the entities to the transaction are consolidated, combined or accounted for by the equity method in the Company's financial statements.
	(2) This accumulated other comprehensive income component, net of $1.4 million in tax, is included in the computation of net periodic pension cost. See Note 13 Post-retirement Benefits for additional details.

Net_Income_Attributable_to_Com1

Net Income Attributable to Company per Share (Tables)	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
		Three Months		Nine Months
		Ended September 30,		Ended September 30,
		2013	2012	2013	2012
	Weighted average incremental shares included	782,839	1,275,250	931,596	1,453,919
	Shares excluded due to anti-dilutive effect	672	510,997	89,304	472,459

Capital_Stock_Tables

Capital Stock (Tables)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]
Schedule of Net Shares Outstanding and Shares Issued or Reacquired	The following is a summary of net shares outstanding and shares issued or reacquired during the nine month period ended September 30, 2013.
		Number of Shares of Common Stock
		Total Shares	Treasury Shares		Net Shares
					Outstanding
	Balance, December 31, 2012	75,755,306	(13,008,155	)	62,747,151
	Shares issued upon exercise of stock options	1,457,037	—		1,457,037
	Shares issued upon vesting of RSUs	112,360	—		112,360
	Shares purchased for treasury	—	(2,086,218	)	(2,086,218	)
	Balance, September 30, 2013	77,324,703	(15,094,373	)	62,230,330

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Share-based Compensation [Abstract]
Total Stock-Based Compensation Cost Recognized During Period	Total stock-based compensation cost recognized during the three and nine month periods ended September 30, 2013 and 2012 were as follows (amounts in millions):
		Three Months							Nine Months
		Ended September 30,							Ended September 30,
		2013				2012			2013			2012
	Stock-based compensation	$	3.1			$	3.4		$	9.7		$	11
Total Number and Type of Awards Granted and Related Weighted-Average Grant Date Fair Values	The total number and type of awards granted during the periods presented and the related weighted-average grant-date fair values were as follows:
		Nine Months									Nine Months
		Ended September 30, 2013									Ended September 30, 2012
		Underlying			Weighted-			Weighted			Underlying			Weighted-		Weighted
		Shares			Average			Average			Shares			Average		Average
					Exercise			Grant Date						Exercise		Grant Date
					Price			Fair Value						Price		Fair Value
	Options Granted	—									284,691			$	58.71	$	23.1
	RSUs Granted	117,457			$	—		$	68.5		133,804			$	—	$	58.47
	PSUs Granted	94,364			$	—		$	68.1
	Total Awards	211,821									418,495
Schedule of Weighted Average Grant Date Fair Value Calculated Under The Black-Scholes Option-Pricing Model	The following table summarizes the significant assumptions used for the grants during the nine month periods ended September 30, 2013 and 2012:
	Assumption	September 30, 2013		September 30, 2012
	Risk-free interest rate	N/A		0.81	%
	Expected volatility	N/A		44.48	%
	Expected holding period	N/A		5 Years
	Expected forfeiture rate	N/A		2.6	%
	Expected dividend yield	N/A		—	%

Warranties_Guarantees_Commitme1

Warranties, Guarantees, Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2013
Warranties, Guarantees, Commitments and Contingencies [Abstract]
Summary of Changes in the Company's Product Warranty Liability	The following is a summary of changes in the Company’s product warranty liability for the three and nine month periods ended September 30, 2013 and 2012 (amounts in millions).
		Three Months						Nine Months
		Ended September 30,						Ended September 30,
		2013			2012			2013			2012
	Balance of warranty costs accrued, beginning of period	$	50.3		$	52.1		$	55.2		$	52.6
	Warranty costs accrued	5.1			4.5			14.9			20.1
	Warranty claims settled	(7.0		)	(6.5		)	(20.9		)	(20.5		)
	Foreign exchange translation effects	1.4			1.8			0.6			(0.3		)
	Balance of warranty costs accrued, end of period	$	49.8		$	51.9		$	49.8		$	51.9
	Current liability, included in current portion of warranties	$	28		$	41.2		$	28		$	41.2
	Long-term liability, included in other liabilities	$	21.8		$	10.7		$	21.8		$	10.7

Streamlining_Expenses_Tables

Streamlining Expenses (Tables)	9 Months Ended
	Sep. 30, 2013
Restructuring Charges [Abstract]
Schedule of Streamlining Liabilities	The following is a summary of changes in the Company’s streamlining program liabilities for the nine month period ended September 30, 2013 (amounts in millions). Activity for the period consisted primarily of termination payments and employee-related charges.
	2008 / 2009 Program
	Balance as of December 31, 2012	$	10.2
	Charges during the first nine months of 2013	—
	Payments during the first nine months of 2013	(3.7		)
	Balance as of September 30, 2013	$	6.5
	Other Programs
	Balance as of December 31, 2012	$	9.9
	Charges during the first nine months of 2013	11.7
	Payments during the first nine months of 2013	(7.5		)
	Balance as of September 30, 2013	$	14.1
	Foreign exchange translation effects	$	0.6
	Total streamlining liability as of September 30, 2013	$	21.2
Schedule of Streamlining Cost	The following is a summary of current and cumulative streamlining costs (amounts in millions):
		Charges for three months					Charges for nine months Ended September 30, 2013				Cumulative Charges
		Ended September 30, 2013									as of September 30, 2013
		2008/2009			Other		2008/2009		Other		2008/2009		Other
		Program			Programs		Program		Programs		Program		Programs
	Employee-related charges – cost of sales	$	—		$	0.8	$	—	$	4	$	45.7	$	14
	Employee-related charges – selling and administrative	—			1		—		7.6		45.8		17.1
	Asset write-offs	—			—		—		0.1		—		1.1
	Total program costs	$	—		$	1.8	$	—	$	11.7	$	91.5	$	32.2

Postretirement_Benefits_Tables

Post-retirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Components of Post-retirement Pension, Health and Life Insurance Costs	Post-retirement pension, health and life insurance costs had the following components for the three and nine month periods ended September 30, 2013 and 2012 (amounts in millions):
		Three Months										Nine Months
		Ended September 30,										Ended September 30,
		2013			2013		2012			2012		2013			2013		2012			2012
		Pension			Health		Pension			Health		Pension			Health		Pension			Health
		Benefits			& Life		Benefits			& Life		Benefits			& Life		Benefits			& Life
					Ins.					Ins.					Ins.					Ins.
					Benefits					Benefits					Benefits					Benefits
	Service cost-benefits earned during period	$	3.2		$	—	$	2.2		$	—	$	9.6		$	—	$	6.7		$	—
	Interest cost on the projected benefit obligation	5.2			0.1		5.9			0.2		15.5			0.4		17.8			0.4
	Plan amendments	—			—		—			—		—			—		(4.3		)	—
	Less assumed return on plan assets	(2.3		)	—		(2.4		)	—		(6.8		)	—		(6.8		)	—
	Amortization of net loss	1.6			0.1		0.7			0.1		4.7			0.3		1.9			0.3
	Defined benefit plan cost	$	7.7		$	0.2	$	6.4		$	0.3	$	23		$	0.7	$	15.3		$	0.7

Noncontrolling_interests_Table

Noncontrolling interests (Tables)	9 Months Ended
	Sep. 30, 2013
Noncontrolling Interest [Abstract]
Effect of change in ownership interest	The table below shows the effect of the change in ownership interest on the Company's equity for the three and nine months ended September 30, 2013 and 2012 (amounts in millions):
		Three Months				Nine Months
		Ended September 30,				Ended September 30,
		2013		2012		2013		2012
	Net income attributable to Company	$	80	$	77.5	$	236.9	$	242.3
	Transfers from the noncontrolling interest:
	Increase in paid-in capital for acquisition of noncontrolling interest	1.1		—		1.1		—
	Net transfers from noncontrolling interest	$	1.1	$	—	$	1.1	$	—
	Change from net income attributable to Company and transfers from noncontrolling interest	$	81.1	$	77.5	$	238	$	242.3

Comprehensive_Income_Details

Comprehensive Income (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Statement of Comprehensive Income [Abstract]
Net income	$82.50	$79.50	$244.30	$250.40
Foreign currency translation gains/(losses)	10.8	24.2	-22.5	-1.9
Unrealized (losses)/gains on benefit plans, net	-3	-1.7	0.3	0.9
Comprehensive Income	90.3	102	222.1	249.4
Less: Net income attributable to noncontrolling interests	2.5	2	7.4	8.1
Foreign currency translation gains/(losses), attributable to noncontrolling interests	-1.5	2.7	-5.4	0
Comprehensive income attributable to Company	$89.30	$97.30	$220.10	$241.30

Comprehensive_Income_Accumulat

Comprehensive Income (Accumulated Other Comprehensive Income) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance as of Dec 31, 2012	($122.60)
Other comprehensive income before reclassifications	-20.2
Amounts reclassified from accumulated other comprehensive income	3.4
Net current period other comprehensive income	-16.8
Ending Balance as of September 30, 2013	-139.4
Foreign Currency Translation [Member]
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance as of Dec 31, 2012	-9.5
Other comprehensive income before reclassifications	-14.2
Amounts reclassified from accumulated other comprehensive income	0
Net current period other comprehensive income	-14.2
Ending Balance as of September 30, 2013	-23.7
Losses on Intra-entity transactions [Member]
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance as of Dec 31, 2012	-5.9	[1]
Other comprehensive income before reclassifications	-2.9	[1]
Amounts reclassified from accumulated other comprehensive income	0	[1]
Net current period other comprehensive income	-2.9	[1]
Ending Balance as of September 30, 2013	-8.8	[1]
Unrealized Losses on Defined Benefit Plans, net of tax [Member]
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance as of Dec 31, 2012	-107.2
Other comprehensive income before reclassifications	-3.1
Amounts reclassified from accumulated other comprehensive income	3.4	[2]
Net current period other comprehensive income	0.3
Ending Balance as of September 30, 2013	-106.9
Amounts reclassified from accumulated other comprehensive income, tax	$1.40
[1]	Relates to intra-entity foreign currency transactions that are of a long term investment nature, when the entities to the transaction are consolidated, combined or accounted for by the equity method in the Company's financial statements.
[2]	This accumulated other comprehensive income component, net of $1.4 million in tax, is included in the computation of net periodic pension cost. See Note 13 Post-retirement Benefits for additional details.

Accounts_Receivable_Securitiza1

Accounts Receivable Securitization Program & Financing Receivables (Details)	0 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Apr. 15, 2009	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 23, 2009
	EUR (€)	USD ($)	EUR (€)	USD ($)	USD ($)	EUR (€)
		Y
Accounts Receivable Financing Facility [Abstract]
Maximum funding from receivables						€ 80
Original term of the receivables facility, years		1 year	1 year
Receivable facility, possible extensions, in years		4	4
Receivables facility term period extended, years		1 year	1 year
Receivables sold under securitization program		752.1	570.9
Eligible receivables sold and outstanding		100.3	74.2
Decrease in accounts receivable		100.3
Increase in cash and cash equivalents		58.6
Remaining amount of restricted cash deposited with bank		41.7
Servicing fees		0.6		0.7
Additional cash classified as short term loan		29.1
Cash receipts from bank loans		19.7
Reduced subordinated deposit		9.4
Restricted cash		32.3			26
Unsold receivables pledged as collateral		24.3	18
Factoring program	35
Factoring program, years	5 years
Notes receivable contractual maturity maximum		6 months	6 months
Notes receivable discounted or transferred		29.6		33.5
Expense from discount/transfer of notes receivable		0		0.1
Notes receivable		$54.40			$41.20

Net_Income_Attributable_to_Com2

Net Income Attributable to Company per Share (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share [Abstract]
Weighted average incremental shares included	782,839	1,275,250	931,596	1,453,919
Shares excluded due to anti-dilutive effect	672	510,997	89,304	472,459

Capital_Stock_Schedule_of_Net_

Capital Stock (Schedule of Net Shares Outstanding and Shares Issued or Reacquired) (Details)	9 Months Ended
	Sep. 30, 2013
Common Stock, Shares Outstanding [Roll Forward]
Total Shares, beginning balance	75,755,306
Treasury Shares, beginning balance	-13,008,155
Net Shares Outstanding, beginning balance	62,747,151
Shares issued upon exercise of stock options	1,457,037
Shares issued upon vesting of RSUs	112,360
Shares purchased for treasury	-2,086,218
Total Shares, ending balance	77,324,703
Treasury Shares, ending balance	-15,094,373
Net Shares Outstanding, ending balance	62,230,330

Capital_Stock_Narrative_Detail

Capital Stock (Narrative) (Details) (USD $)	9 Months Ended	1 Months Ended	0 Months Ended
	Sep. 30, 2013	Oct. 24, 2013	26-May-11	Oct. 24, 2013
		Subsequent Share Repurchase [Member]	Program Approved on May 26, 2011 [Member]	Program Approved on October 26, 2012 [Member]
Class of Stock [Line Items]
Share repurchase, amount authorized			$400,000,000	$400,000,000
Repurchases of treasury stock	531,700,000	8,400,000
Unexpended amount of share repurchase authorized	$268,300,000
Shares purchased for treasury	2,086,218	99,000

StockBased_Compensation_Narrat

Stock-Based Compensation (Narrative) (Details)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Historical volatility period	4 years
Peer group historical volatility period	3 years
Peer group median historical volatility period	3 years
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period	0	284,691
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period	117,457	133,804
Remaining grants	4,656	28,155
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period	94,364
Cumulative earnings achievement period	3 years
Exercisable in Equal Annual Installments [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, years	3 years	3 years
Vest Immediately [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period	6,764	10,027
Vest Ratably over Three Years [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period	102,327	105,649
Vesting period, years	3 years	3 years
Vest After Two Years [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period		3,588
Vesting percentage	67.00%
Vesting period, years	2 years	2 years
Vest After Three Years [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants during period	3,710	14,540
Vesting percentage	33.00%
Vesting period, years	3 years	3 years

StockBased_Compensation_Total_

Stock-Based Compensation (Total Stock-Based Compensation Cost and Total Number and Type of Awards Granted and Related-Weighted Average Grant-Date Fair Values) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation (in usd)	$3.10	$3.40	$9.70	$11
Total Awards, Underlying Shares			211,821	418,495
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Granted, Underlying Shares			0	284,691
Options Granted, Weighted-Average Exercise Price		$58.71		$58.71
Options Granted, Weighted Average Grant Date Fair Value				$23.10
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs Granted, Underlying Shares			117,457	133,804
RSU's Granted, Weighted-Average Exercise Price	$0	$0	$0	$0
RSUs Granted, Weighted Average Grant Date Fair Value	$68.50	$58.47	$68.50	$58.47
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSUs Granted, Underlying Shares			94,364
RSUs Granted, Weighted Average Grant Date Fair Value	$68.10		$68.10

StockBased_Compensation_Weight

Stock-Based Compensation (Weighted Average Grant Date Fair Value Calculated under Black-Scholes Option-Pricing Model) (Details)	9 Months Ended
	Sep. 30, 2012
Share-based Compensation [Abstract]
Risk-free interest rate	0.81%
Expected volatility	44.48%
Expected holding period, years	5 years
Expected forfeiture rate	2.60%
Expected dividend yield	0.00%

Debt_Narrative_Details

Debt (Narrative) (Details) (USD $)	Sep. 30, 2013	Jul. 08, 2011	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	31-May-07	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
	Subsidiaries [Member]	Credit Facility Expiring in 2018 [Member]	Credit Facility Expiring in 2018 [Member]	Credit Facility Expiring in 2018 [Member]	Credit Facility Expiring in 2018 [Member]	Credit Facility Expiring in 2012 [Member]	Credit Facility Expiring in 2012 [Member]	Receivables Program [Member]	Local Working Capital Requirements [Member]
				Letters of Credit [Member]	Swingline Loans [Member]			Subsidiaries [Member]	Subsidiaries [Member]
Debt Instrument [Line Items]
Credit facility initiation date			8-Jul-11				31-May-07
Multi-currency revolving credit facility		$400,000,000	$400,000,000	$50,000,000	$50,000,000		$800,000,000
Credit facility expiration date			1-Sep-18
Term of credit facility, years		5 years				5 years
Unused letters of credit				48,800,000	50,000,000
Balance outstanding				1,200,000
Interest rate, minimum			0.80%
Interest rate, maximum			1.55%
Maximum secured indebtedness of subsidiaries			150,000,000
Incremental ability to borrow			398,800,000
Borrowings from banks	$23,400,000							$19,700,000	$3,700,000

Warranties_Guarantees_Commitme2

Warranties, Guarantees, Commitments and Contingencies (Narrative) (Details)	0 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Aug. 30, 2010	Sep. 30, 2013	Sep. 30, 2013	Sep. 16, 2013	Jun. 23, 2010	Jun. 23, 2010	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
	EUR (€)	USD ($)	EUR (€)	EUR (€)	USD ($)	EUR (€)	Tax Litigation Claims [Member]	Letters of Credit [Member]	Other Items [Member]
							USD ($)	USD ($)	USD ($)
Guarantor Obligations [Line Items]
Standard warranty period		2 years	2 years
Bank guarantees		$51.60
Uncollateralized bank guarantees							45.9	1.2	4.5
Pledged inventory and receivables		7.2
Unsold receivables pledged as collateral		24.3	18
Fines				120.3	400	326.1
Reduction of Fines				205.8
Cash portion of fine indemnification payment	230
Additional borrowings to escrow	96.1
Tax indemnification liability to former affiliate		$13.30

Warranties_Guarantees_Commitme3

Warranties, Guarantees, Commitments and Contingencies (Summary of Changes in the Company's Product Warranty Liability) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance of warranty costs accrued, beginning of period	$50.30	$52.10	$55.20	$52.60
Warranty costs accrued	5.1	4.5	14.9	20.1
Warranty claims settled	-7	-6.5	-20.9	-20.5
Foreign exchange translation effects	1.4	1.8	0.6	-0.3
Balance of warranty costs accrued, end of period	49.8	51.9	49.8	51.9
Current liability, included in current portion of warranties	28	41.2	28	41.2	33.8
Long-term liability, included in other liabilities	$21.80	$10.70	$21.80	$10.70

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Income Tax Contingency [Line Items]
Income tax expense (benefit)	$8	($2.40)	($3.30)	$25.80	$15.70
Additional income tax benefit	1.5
Pretax Income	90.5		76.2	270.1	266.1
Unrecognized tax benefits	47			47
Unrecognized tax benefits classified as long term liabilities	48.5			48.5
Trane Inc [Member]
Income Tax Contingency [Line Items]
Tax obligations due directly to authorities on behalf of former affiliate	$1.50			$1.50

Tax_and_Indemnification_Liabil1

Tax and Indemnification Liabilities Transferred from Trane to WABCO (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Tax and Indemnification Liabilities [Line Items]
Tax indemnification liability to former affiliate	$13.30
Decrease in indemnification liabilities	3.8
Estimated total amount of the contingency	42
Trane Inc [Member]
Tax and Indemnification Liabilities [Line Items]
Tax obligations due directly to authorities on behalf of former affiliate	$1.50

Streamlining_Expenses_Narrativ

Streamlining Expenses (Narrative) (Details) (USD $)	59 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
	employees	Other Liabilities [Member]	Streamlining Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Approximate global workforce reduction due to streamlining	1,800
Streamlining liabilities		$14.30	$6.90

Streamlining_Expenses_Schedule

Streamlining Expenses (Schedule of Streamlining Liabilities) (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Restructuring Reserve [Roll Forward]
Foreign exchange translation effects	$0.60
Total streamlining liability as of September 30, 2013	21.2
2008 / 2009 Program [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	10.2
Charges during the first nine months of 2013	0
Payments during the first nine months of 2013	-3.7
Ending balance	6.5
Other Programs [Member]
Restructuring Reserve [Roll Forward]
Beginning balance	9.9
Charges during the first nine months of 2013	11.7
Payments during the first nine months of 2013	-7.5
Ending balance	$14.10

Streamlining_Expenses_Schedule1

Streamlining Expenses (Schedule of Current and Cumulative Streamlining Costs) (Details) (USD $)	3 Months Ended	9 Months Ended	59 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
2008 / 2009 Program [Member]
Restructuring Cost and Reserve [Line Items]
Employee related charges - cost of sales	$0	$0	$45.70
Employee related charges - selling and administrative	0	0	45.8
Asset write-offs	0	0	0
Total program costs	0	0	91.5
Other Programs [Member]
Restructuring Cost and Reserve [Line Items]
Employee related charges - cost of sales	0.8	4	14
Employee related charges - selling and administrative	1	7.6	17.1
Asset write-offs	0	0.1	1.1
Total program costs	$1.80	$11.70	$32.20

Postretirement_Benefits_Compon

Post-retirement Benefits (Components of Post-retirement Pension, Health and Life Insurance Costs) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Pension Benefits [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Service cost-benefits earned during period	$3.20	$2.20	$9.60	$6.70
Interest cost on the projected benefit obligation	5.2	5.9	15.5	17.8
Plan amendments	0	0	0	-4.3
Less assumed return on plan assets	-2.3	-2.4	-6.8	-6.8
Amortization of net loss	1.6	0.7	4.7	1.9
Defined benefit plan cost	7.7	6.4	23	15.3
Health and Life Insurance Benefits [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Service cost-benefits earned during period	0	0	0	0
Interest cost on the projected benefit obligation	0.1	0.2	0.4	0.4
Plan amendments	0	0	0	0
Less assumed return on plan assets	0	0	0	0
Amortization of net loss	0.1	0.1	0.3	0.3
Defined benefit plan cost	$0.20	$0.30	$0.70	$0.70

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Narrative) (Details)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
	USD ($)	EUR (€)
Derivative Instruments and Hedges, Assets [Abstract]
Notional amount of derivatives	$98.10	€ 72.50
Average duration of derivatives, months	1 month
Derivative instruments, recognized gains / (losses)	0.1
Fair value of derivatives	$0.10

Business_combinations_Details

Business combinations (Details) (USD $)	Sep. 13, 2012
In Millions, unless otherwise specified
Business Combinations [Abstract]
Identified intangible assets	$2.10
Goodwill	$3.60

Noncontrolling_interests_Detai

Noncontrolling interests (Details) (USD $)	0 Months Ended	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Aug. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Noncontrolling Interest [Abstract]
Cash paid for acquisition	$4.60
Net income attributable to Company		80	77.5	236.9	242.3
Increase in paid-in capital for noncontrolling interest acquisition		1.1	0	1.1	0
Net transfers from noncontrolling interest		1.1	0	1.1	0
Change from net income attributable to Company and transfers from noncontrolling interest		$81.10	$77.50	$238	$242.30