Axalta Coating Systems (AXTA) 10-K 19 Feb 20 2019 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Feb. 12, 2020	Jun. 30, 2019
Cover page.
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2019
Document Transition Report	false
Entity File Number	001-36733
Entity Registrant Name	AXALTA COATING SYSTEMS LTD.
Entity Incorporation, State or Country Code	D0
Entity Tax Identification Number	98-1073028
Entity Address, Address Line One	Two Commerce Square
Entity Address, Address Line Two	2001 Market Street
Entity Address, Address Line Three	Suite 3600
Entity Address, City or Town	Philadelphia
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19103
City Area Code	855
Local Phone Number	547-1461
Title of 12(b) Security	Common Shares, $1.00 par value
Trading Symbol	AXTA
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 6,928.7
Entity Common Stock, Shares Outstanding		235,058,521
Documents Incorporated by Reference	Part III incorporates information by reference from the registrant's Proxy Statement for the 2020 Annual Meeting of the Shareholders. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of the close of the registrant's fiscal year ended December 31, 2019.
Entity Central Index Key	0001616862
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2019
Document Fiscal Period Focus (i.e. Q1,Q2,Q3,FY)	FY
Amendment Flag	false

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Net sales	$ 4,482.2	$ 4,696	$ 4,377
Cost of goods sold	2,917.9	3,106.3	2,780.5
Selling, general and administrative expenses	822.1	876.4	934.7
Other operating charges	70.7	82.7	131.6
Research and development expenses	70.2	73.1	65.3
Amortization of acquired intangibles	113.1	115.4	101.2
Income from operations	488.2	442.1	363.7
Interest expense, net	162.6	159.6	147
Other (income) expense, net	(4.4)	15	27.1
Income before income taxes	330	267.5	189.6
Provision for income taxes	77.4	54.2	141.9
Net income	252.6	213.3	47.7
Less: Net income attributable to noncontrolling interests	3.6	6.2	11
Net income attributable to controlling interests	$ 249	$ 207.1	$ 36.7
Basic net income per share (in dollars per share)	$ 1.06	$ 0.87	$ 0.15
Diluted net income per share (in dollars per share)	$ 1.06	$ 0.85	$ 0.15

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 252.6	$ 213.3	$ 47.7
Other comprehensive (loss) income, before tax:
Foreign currency translation adjustments	5.4	(94.1)	85.6
Unrealized gain on securities	0	0	0.4
Unrealized (loss) gain on derivatives	(33.1)	2.4	0.9
Unrealized gain (loss) on pension and other benefit plan obligations	(46.1)	(6.4)	31.3
Other comprehensive (loss) income, before tax	(73.8)	(98.1)	118.2
Income tax (benefit) provision related to items of other comprehensive (loss) income	(17.4)	(0.3)	6.6
Other comprehensive (loss) income, net of tax	(56.4)	(97.8)	111.6
Comprehensive income	196.2	115.5	159.3
Less: Comprehensive income attributable to noncontrolling interests	6.6	2.7	13.2
Comprehensive income attributable to controlling interests	$ 189.6	$ 112.8	$ 146.1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,017.5	$ 693.6
Restricted cash	3	2.8
Accounts and notes receivable, net	830.1	860.8
Inventories	591.6	613
Prepaid expenses and other current assets	131.2	139.4
Total current assets	2,573.4	2,309.6
Property, plant and equipment, net	1,223	1,298.2
Goodwill	1,208.9	1,230.8
Identifiable intangibles, net	1,223.9	1,348
Other assets	588.8	489.1
Total assets	6,818	6,675.7
Current liabilities:
Accounts payable	483.7	522.8
Current portion of borrowings	43.9	42.2
Other accrued liabilities	545.3	475.6
Total current liabilities	1,072.9	1,040.6
Long-term borrowings	3,790.2	3,821.8
Accrued pensions	285.2	261.9
Deferred income taxes	115.5	140.8
Other liabilities	144.6	100.1
Total liabilities	5,408.4	5,365.2
Commitments and contingent liabilities (Note 6)
Shareholders’ equity
Common shares, $1.00 par, 1,000.0 shares authorized, 250.1 and 246.7 shares issued at December 31, 2019 and 2018, respectively	249.9	245.3
Capital in excess of par	1,474.1	1,409.5
Retained earnings	443.2	198.6
Treasury shares, at cost, 15.2 and 11.1 shares at December 31, 2019 and 2018, respectively	(417.5)	(312.2)
Accumulated other comprehensive loss	(395.5)	(336.1)
Total Axalta shareholders’ equity	1,354.2	1,205.1
Noncontrolling interests	55.4	105.4
Total shareholders’ equity	1,409.6	1,310.5
Total liabilities and shareholders’ equity	$ 6,818	$ 6,675.7

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Millions	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common shares, shares authorized	1,000	1,000
Common shares, shares issued	250.1	246.7
Common shares, shares outstanding	250.1	246.7
Treasury shares	15.2	11.1

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss	Noncontrolling Interest [Member]
Total stockholders' equity, beginning balance (in shares) at Dec. 31, 2016		240.5
Total stockholders’ equity, beginning balance at Dec. 31, 2016	$ 1,246.6	$ 239.3	$ 1,294.3	$ (58.1)	$ 0	$ (350.4)	$ 121.5
Comprehensive income:
Net income	47.7			36.7			11
Net unrealized gain (loss) on securities, net of tax	0.4					0.4
Net realized and unrealized gain (loss) on derivatives, net of tax	0.4					0.4
Long-term employee benefit plans, net of tax	25.2					25.2
Foreign currency translation, net of tax of $0.0 million	85.6					83.4	2.2
Comprehensive income	159.3			36.7		109.4	13.2
Recognition of stock-based compensation	38.5		38.5
Stock Issued During Period, Shares, Other		3.4
Shares issued under compensation plans	24.8	$ 3.1	21.7
Common stock purchases (in shares)		(2)
Common stock purchases	(58.4)				(58.4)
Dividends declared to noncontrolling interests	(3)						(3)
Total stockholders' equity, ending balance (in shares) at Dec. 31, 2017		241.9
Total stockholders’ equity, ending balance at Dec. 31, 2017	1,407.8	$ 242.4	1,354.5	(21.4)	(58.4)	(241)	131.7
Comprehensive income:
Net income	213.3			207.1			6.2
Net realized and unrealized gain (loss) on derivatives, net of tax	1.3					1.3
Long-term employee benefit plans, net of tax	(5)					(5)
Foreign currency translation, net of tax of $0.0 million	(94.1)					(90.6)	(3.5)
Comprehensive income	115.5			207.1		(94.3)	2.7
Recognition of stock-based compensation	37.3		37.3
Stock Issued During Period, Shares, Other		2.8
Shares issued under compensation plans	17.7	$ 2.9	14.8
Noncontrolling Interest, Increase from Business Combination	25.2		(2.9)				28.1
Common stock purchases (in shares)		(9.1)
Common stock purchases	(253.8)				(253.8)		0
Dividends declared to noncontrolling interests	$ (1)						(1)
Total stockholders' equity, ending balance (in shares) at Dec. 31, 2018	246.7	235.6
Total stockholders’ equity, ending balance at Dec. 31, 2018	$ 1,310.5	$ 245.3	1,409.5	198.6	(312.2)	(336.1)	105.4
Comprehensive income:
Net income	252.6			249			3.6
Net realized and unrealized gain (loss) on derivatives, net of tax	(28.3)					(28.3)
Long-term employee benefit plans, net of tax	(33.5)					(33.5)
Foreign currency translation, net of tax of $0.0 million	5.4					2.4	3
Comprehensive income	196.2			249		(59.4)	6.6
Recognition of stock-based compensation	15.7		15.7
Stock Issued During Period, Shares, Other		3.4
Shares issued under compensation plans	49.5	$ 4.6	44.9
Changes in ownership of noncontrolling interests	(51.1)		4				(55.1)
Common stock purchases (in shares)		(4.1)
Common stock purchases	(105.3)				(105.3)		0
Dividends declared to noncontrolling interests	$ (1.5)						(1.5)
Total stockholders' equity, ending balance (in shares) at Dec. 31, 2019	250.1	234.9
Total stockholders’ equity, ending balance at Dec. 31, 2019	$ 1,409.6	$ 249.9	$ 1,474.1	$ 443.2	$ (417.5)	$ (395.5)	$ 55.4

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Shareholders' Equity (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement of Stockholders' Equity [Abstract]
Available for sale securities, tax	$ 0		$ 0
Derivatives qualifying as hedges, tax	(4.8)	$ 1.1	0.5
Pension, tax	(12.6)	(1.4)	(6.1)
Foreign currency translation adjustment, tax	$ 0	$ 0	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Operating activities:
Net income	$ 252.6	$ 213.3	$ 47.7
Adjustment to reconcile net income to cash provided by operating activities:
Depreciation and amortization	353	369.1	347.5
Amortization of deferred financing costs and original issue discount	8.8	8	8
Debt extinguishment and refinancing related costs	0.2	9.5	13.4
Deferred income taxes	15.7	6.1	91.7
Realized and unrealized foreign exchange losses (gains), net	5.9	17.3	(3.6)
Stock-based compensation	15.7	37.3	38.5
Deconsolidation, Divestiture, and Impairments	21.1	0	78.5
Interest income on swaps designated as net investment hedges	(14.7)	(9.4)	0
Other non-cash, net	(0.1)	(0.9)	4.4
Changes in operating assets and liabilities:
Trade accounts and notes receivable	(10.1)	(22.3)	(15.2)
Inventories	10.8	(48.1)	(19.9)
Prepaid expenses and other assets	(118.9)	(157.3)	(84.9)
Accounts payable	18.2	49.5	39.8
Other accrued liabilities	5.3	(8.4)	6.7
Other liabilities	9.6	32.4	(12.6)
Cash provided by operating activities	573.1	496.1	540
Investing activities:
Acquisitions, net of cash acquired	(3.3)	(82.8)	(564.4)
Purchase of property, plant and equipment	(112.5)	(143.4)	(125)
Proceeds from sale of consolidated joint venture, net of cash divested	8.2	0	0
Interest proceeds on swaps designated as net investment hedges	14.7	9.4	0
Proceeds from settlement of swaps designated as net investment hedges	0	22.5	0
Other investing activities, net	(1)	5.1	(0.2)
Cash used for investing activities	(93.9)	(189.2)	(689.6)
Financing activities:
Proceeds from long-term borrowings	0	468.9	483.6
Payments on short-term borrowings	(39.5)	(44.7)	(14.1)
Payments on long-term borrowings	(27.6)	(511.3)	(50)
Financing-related costs	(1.5)	(10.8)	(10.4)
Proceeds from option exercises	50.3	17.4	24.8
Dividends paid to noncontrolling interests	(1.5)	(1)	(3)
Investments in noncontrolling interests	(31.1)	(26.9)	0
Purchase of treasury stock	(105.3)	(253.8)	(58.4)
Deferred acquisition-related consideration	(2.2)	(6)	(5.2)
Cash (used for) provided by financing activities	(158.4)	(368.2)	367.3
Increase (decrease) in cash and cash equivalents	320.8	(61.3)	217.7
Effect of exchange rate changes on cash	3.3	(15.2)	17.1
Cash at beginning of period	696.4	772.9	538.1
Cash at end of period	1,020.5	696.4	772.9
Cash at end of period reconciliation:
Cash and cash equivalents	1,017.5	693.6	769.8
Restricted cash	3	2.8	3.1
Cash paid during the year for:
Interest, net of amounts capitalized	156.9	152.4	130.1
Income taxes, net of refunds	42.2	57.4	61.7
Non-cash investing activities:
Accrued capital expenditures	$ 16.6	$ 10.1	$ 30.2

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying consolidated balance sheets of Axalta Coating Systems Ltd. (“Axalta,” the “Company,” “we,” “our” and “us”), at December 31, 2019 and 2018 and the related consolidated statements of operations, consolidated statements of comprehensive income (loss), consolidated statements of cash flows and consolidated statements of changes in shareholders' equity for the years ended December 31, 2019 , 2018 and 2017 included herein have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and are audited. In the opinion of management, these statements include all adjustments, consisting only of normal, recurring adjustments, necessary for a fair statement of the financial position of Axalta. Venezuela Deconsolidation During the year ended December 31, 2017, we deconsolidated our Venezuelan subsidiary from our consolidated financial statements and began accounting for our investment in our 100% owned Venezuelan subsidiary using the cost method of accounting. See Note 22 for additional information. Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of Axalta and its subsidiaries, and entities in which a controlling interest is maintained. For those consolidated subsidiaries in which the Company’s ownership is less than 100% , the outside shareholders’ interests are shown as noncontrolling interests. Investments in companies in which Axalta, directly or indirectly, owns 20% to 50% of the voting stock and has the ability to exercise significant influence over operating and financial policies of the investee are accounted for using the equity method of accounting. As a result, Axalta’s share of the earnings or losses of such equity affiliates is included in the accompanying consolidated statements of operations and our share of these companies’ stockholders’ equity is included in the accompanying consolidated balance sheet. Certain of our joint ventures are accounted for on a one-month lag basis, the effect of which is not material. We eliminated all intercompany accounts and transactions in the preparation of the accompanying consolidated financial statements. Use of Estimates The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of sales and expenses during the period. The estimates and assumptions include, but are not limited to, receivable and inventory valuations, fixed asset valuations, valuations of goodwill and identifiable intangible assets, including analysis of impairment, valuations of long-term employee benefit obligations, income taxes, environmental matters, litigation, stock-based compensation, restructuring and allocations of costs. Our estimates are based on historical experience, facts and circumstances available at the time and various other assumptions that are believed to be reasonable. Actual results could differ materially from those estimates. Accounting for Business Combinations We account for business combinations under the acquisition method of accounting. This method requires the recording of acquired assets, including separately identifiable intangible assets and assumed liabilities at their acquisition date fair values. The method records any excess purchase price over the fair value of acquired net assets as goodwill. Included in the determination of the purchase price is the fair value of contingent consideration, if applicable, based on the terms and applicable targets described within the acquisition agreements (e.g., projected revenues or EBITDA). Subsequent to the acquisition date, the fair value of the liability, if determined to be payable in cash, is revalued at each balance sheet date with adjustments recorded within earnings. The determination of the fair value of assets acquired, liabilities assumed and noncontrolling interests involves assessments of factors such as the expected future cash flows associated with individual assets and liabilities and appropriate discount rates at the closing date of the acquisition. When necessary, we consult with external advisors to help determine fair value. For non-observable market values determined using Level 3 assumptions, we determine fair value using acceptable valuation principles, including most commonly the excess earnings method for customer relationships, relief from royalty method for technology and trademarks, cost method for inventory and a combination of cost and market methods for property, plant and equipment, as applicable. We included the results of operations from the acquisition date in the financial statements for all businesses acquired. Revenue Recognition See Note 2 for disclosure of our revenue recognition accounting policy. Cash, Cash Equivalents and Restricted Cash Cash equivalents represent highly liquid investments considered readily convertible to known amounts of cash within three months or less from time of purchase. They are carried at cost plus accrued interest, which approximates fair value because of the short-term maturity of these instruments. Cash balances may exceed government insured limits in certain jurisdictions. Restricted cash on our consolidated balance sheets primarily represents cash used to secure certain customer guarantees. Fair Value Measurements GAAP defines a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The following valuation techniques are used to measure fair value for assets and liabilities: Level 1—Quoted market prices in active markets for identical assets or liabilities; Level 2—Significant other observable inputs (e.g., quoted prices for similar items in active markets, quoted prices for identical or similar items in markets that are not active, inputs other than quoted prices that are observable such as interest rate and yield curves, and market-corroborated inputs); and Level 3—Unobservable inputs for the asset or liability, which are valued based on management’s estimates of assumptions that market participants would use in pricing the asset or liability. Derivatives and Hedging The Company from time to time utilizes derivatives to manage exposures to currency exchange rates and interest rate risk. The fair values of all derivatives are recognized as assets or liabilities at the balance sheet date. Changes in the fair value of these instruments are reported in income or AOCI, depending on the use of the derivative and whether it qualifies for hedge accounting treatment and is designated as such. Gains and losses on derivatives that qualify and are designated as cash flow hedging instruments are recorded in AOCI, to the extent the hedges are effective, until the underlying transactions are recognized in income. Gains and losses on derivatives that qualify and are designated as net investment hedges are recorded in AOCI, to the extent the hedges are effective, until the underlying transactions are recognized in income. Gains and losses on derivatives qualifying and designated as fair value hedging instruments, as well as the offsetting losses and gains on the hedged items, are reported in income in the same accounting period. Derivatives not designated as hedging instruments are marked-to-market at the end of each accounting period with the results included in income. Cash flows from derivatives are recognized in the consolidated statements of cash flows in a manner consistent with the underlying transactions. Receivables and Allowance for Doubtful Accounts Receivables are carried at amounts that approximate fair value. Receivables are recognized net of an allowance for doubtful accounts receivable. The allowance for doubtful accounts receivable reflects the best estimate of losses inherent in the accounts receivable portfolio determined on the basis of historical experience, specific allowances for known troubled accounts and other available evidence. Accounts receivable are written down or off when a portion or all of such account receivable is determined to be uncollectible. Inventories Inventories are valued at the lower of cost or net realizable value with cost being determined on the weighted average cost method. Elements of cost in inventories include: • raw materials, • direct labor, and • manufacturing and indirect overhead. Stores and supplies are valued at the lower of cost or net realizable value; cost is generally determined by the weighted average cost method. Inventories deemed to have costs greater than their respective market values are reduced to net realizable value with a loss recorded in income in the period recognized. Property, Plant and Equipment Property, plant and equipment acquired in an acquisition are recorded at fair value as of the acquisition date and are depreciated over the estimated useful life using the straight-line method. Subsequent additions to property, plant and equipment, including the fair value of any asset retirement obligations upon initial recognition of the liability, are recorded at cost and are depreciated over the estimated useful life using the straight-line method. See Note 15 for a range of estimated useful lives used for each property, plant and equipment class. Software included in property, plant and equipment represents the costs of software developed or obtained for internal use. Software costs are amortized on a straight-line basis over their estimated useful lives. Upgrades and enhancements are capitalized if they result in added functionality, which enables the software to perform tasks it was previously incapable of performing. Software maintenance and training costs are expensed in the period in which they are incurred. Leases See Note 7 for disclosure of our accounting policy over leases. Goodwill and Other Identifiable Intangible Assets Goodwill represents the excess of purchase price over the fair values of underlying net assets acquired in a business combination. Goodwill and indefinite-lived intangible assets are tested for impairment on an annual basis as of October 1 st ; however, these tests are performed more frequently if events or changes in circumstances indicate that the asset may be impaired. The fair value methodology is based on prices of similar assets or other valuation methodologies including discounted cash flow techniques. When testing goodwill and indefinite-lived intangible assets for impairment, we first have an option to assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not (more than 50% ) that an impairment exists. Such qualitative factors may include the following: macroeconomic conditions; industry and market considerations; cost factors; overall financial performance; and other relevant entity-specific events. If based on this qualitative assessment we determine that an impairment is more likely than not, or if we elect not to perform a qualitative assessment, we would be required to perform a quantitative impairment test. Under the quantitative goodwill impairment test, the evaluation of impairment involves comparing the current fair value of each reporting unit to its carrying value, including goodwill. If the fair value of the reporting unit is less than the carrying value, the difference is recorded as an impairment loss not to exceed the amount of recorded goodwill. In 2019, we forwent the qualitative test and tested goodwill and indefinite-lived intangible assets for impairment by performing a quantitative analysis. The quantitative analysis determined that all reporting units and indefinite-lived intangible assets had fair values in significant excess (greater than 40% ) of carrying values. Definite-lived intangible assets, such as technology, trademarks, customer relationships and non-compete agreements are amortized over their estimated useful lives, generally for periods ranging from 2 to 25 years . Once these assets are fully amortized, they are removed from the balance sheet. We evaluate these assets for impairment whenever events or changes in circumstances indicate that the carrying amount of these assets might not be recoverable. The reasonableness of the useful lives of definite and indefinite-lived assets are regularly evaluated. Impairment of Long-Lived Assets The carrying value of long-lived assets to be held and used is evaluated when events or changes in circumstances indicate the carrying value may not be recoverable. The carrying value of a long-lived asset is considered impaired when the total projected undiscounted cash flows from the asset is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. The fair value methodology used is an estimate of fair market value and is based on prices of similar assets or other valuation methodologies including present value techniques. Long-lived assets to be disposed of other than by sale are classified as held for use until their disposal. Long-lived assets to be disposed of by sale are classified as held for sale and are reported at the lower of carrying amount or fair market value less cost to sell. Depreciation is discontinued for long-lived assets classified as held for sale. Research and Development Research and development costs incurred in the normal course of business consist primarily of employee-related costs and are expensed as incurred. In process research and development projects acquired in a business combination are recorded as intangible assets at their fair value as of the acquisition date, using Level 3 assumptions. Subsequent costs related to acquired in process research and development projects are expensed as incurred. In process research and development intangible assets are considered indefinite-lived until the abandonment or completion of the associated research and development efforts. These indefinite-lived intangible assets are tested for impairment consistent with the impairment testing performed on other indefinite-lived intangible assets discussed above. Upon completion of the research and development process, the carrying value of acquired in process research and development projects is reclassified as a finite-lived asset and is amortized over its useful life. Environmental Liabilities and Expenditures Accruals for environmental matters are recorded when it is probable that a liability has been incurred and the amount of the liability can be reasonably estimated. Accrued environmental liabilities are not discounted. Claims for recovery from third parties, if any, are reflected separately as an asset. We record recoveries at the earlier of when the gain is probable and reasonably estimable or realized. For the years ending December 31, 2019 , 2018 and 2017 , we have not recognized income associated with recoveries from third parties. Costs related to environmental remediation are charged to expense in the period incurred. Other environmental costs are also charged to expense in the period incurred, unless they increase the value of the property or reduce or prevent contamination from future operations, in which case, they are capitalized and depreciated. Litigation We accrue for liabilities related to litigation matters when available information indicates that the liability is probable, and the amount can be reasonably estimated. Legal costs such as outside counsel fees and expenses are charged to expense in the period incurred. Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis. Deferred tax assets are also recognized for tax losses, interest and tax credit carryforwards. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates applicable in the years in which they are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax law is recognized in income in the period that includes the enactment date. Where we do not intend to indefinitely reinvest earnings of our subsidiaries, we provide for income taxes and withholding taxes, where applicable, on unremitted earnings. We do not provide for income taxes on unremitted earnings of our subsidiaries that are intended to be indefinitely reinvested. We recognize the benefit of an income tax position only if it is "more likely than not" that the tax position will be sustained. The tax benefits recognized are measured based on the largest benefit that has a greater than 50% likelihood of being realized. Additionally, we recognize interest and penalties accrued related to unrecognized tax benefits as a component of provision for income taxes. The current portion of unrecognized tax benefits is included in "Other accrued liabilities" and the long-term portion is included in "Other liabilities" in the accompanying consolidated balance sheets. Foreign Currency Translation The reporting currency is the U.S. Dollar. In most cases, our non-U.S. based subsidiaries use their local currency as the functional currency for their respective business operations. Assets and liabilities of these operations are translated into U.S. Dollars at end-of-period exchange rates; income and expenses are translated using the average exchange rates for the reporting period. Resulting cumulative translation adjustments are recorded as a component of shareholders’ equity in the accompanying consolidated balance sheets in AOCI. Gains and losses from transactions denominated in currencies other than the functional currencies are included in the consolidated statements of operations in other (income) expense, net. During the year ended December 31, 2018, our subsidiary in Argentina was determined to be U.S. Dollar functional currency. This determination was made upon conclusion that the Argentinian Peso was hyper-inflationary. Employee Benefits Defined benefit plans specify an amount of pension benefit that an employee will receive upon retirement, usually dependent on factors such as age, years of service and compensation. The obligation in respect of defined benefit plans is calculated separately for each plan by estimating the amount of the future benefits that employees earn in return for their service in the current and prior periods. These benefits are then discounted to determine the present value of the obligations and are then adjusted for the impact of any unamortized prior service costs. The discount rate used is based upon market indicators in the region (generally, the yield on bonds that are denominated in the currency in which the benefits will be paid) and that have maturity dates approximating the terms of the obligations. The calculations are performed by qualified actuaries using the projected unit credit method. The obligation of defined benefit plans recorded on our consolidated balance sheets is net of the current fair value of assets. See Note 8 for further information. Stock-Based Compensation Our stock-based compensation is comprised of Axalta stock options, restricted stock awards, restricted stock units, performance stock awards and performance share units and are measured at fair value on the grant date or date of modification, as applicable. We recognize compensation expense on a graded-vesting attribution basis over the requisite service period, inclusive of impacts of any current period modifications of previously granted awards. Compensation expense is recorded net of forfeitures, which we have elected to record in the period they occur. Earnings per Common Share Basic earnings per common share is computed by dividing net income attributable to Axalta’s common shareholders by the weighted average number of shares outstanding during the period. Diluted earnings per common share is computed by dividing net income attributable to Axalta’s common shareholders by the weighted average number of shares outstanding during the period increased by the number of additional shares that would have been outstanding related to potentially dilutive securities; anti-dilutive securities are excluded from the calculation. These potentially dilutive securities are calculated under the treasury stock method and consist of stock options, restricted stock awards, restricted stock units, performance stock awards and performance share units. Reclassifications During the year ended December 31, 2019, the consolidated statements of operations were updated to combine "Net sales" and "Other revenue" into "Net sales", as well as separately present Other operating charges, previously included in Selling, general and administrative expenses and Venezuela asset impairment and deconsolidation charge, as a separate line item within Income from operations. Other operating charges include termination benefits and other employee related costs, strategic review and retention costs, acquisition and divestiture-related costs, and deconsolidation and impairment charges, details of which are included in our reconciliations of segment operating performance to income before income taxes in Note 20. The 2018 and 2017 consolidated statements of operations have been updated for comparability with the current year presentation. Correction of Immaterial Errors to Prior Period Financial Statements During the year ended December 31, 2019, the Company identified and corrected an error that affected the previously-issued 2018 annual and interim financial statements. Specifically, the financial statements reflected an investment in noncontrolling interest payment of $26.9 million within investing activities as opposed to its appropriate classification within financing activities. The Company determined that this correction was immaterial to the previously-issued financial statements. However, given the significance of the error and for comparability purposes, we have revised the consolidated statements of cash flows for the year ended December 31, 2018. This revision has no impact on the consolidated statements of operations or balance sheets. Year Ended December 31, 2018 As Reported Revised Cash used for investing activities $ (216.1 ) $ (189.2 ) Cash used for financing activities $ (341.3 ) $ (368.2 ) Recently Adopted Accounting Guidance In January 1, 2019, we adopted Accounting Standards Update ("ASU") 2016-02, "Leases," which, together with amendments comprising ASC 842, requires lessees to identify arrangements that should be accounted for as leases and generally recognized, for operating and finance leases with terms exceeding twelve months, a right-of-use asset (or "ROU") and lease liability on the balance sheet. In addition to this main provision, this standard included a number of additional changes to lease accounting. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. An entity may choose to use either the adoption date or the beginning of the earliest comparative period presented in the financial statements as its date of initial application. We used the adoption date as our date of initial application. As a result, historical financial information was not updated, and the disclosures required under the new standard are not provided as of and for periods before January 1, 2019. See Note 7 for further information on the implementation of the standard. The new standard provides a number of optional practical expedients in transition. We elected the package of practical expedients, which permits us not to reassess under the new standard our prior conclusions about lease identification, lease classification and initial direct costs. We also elected the practical expedient pertaining to land easements which permits entities to forgo the evaluation of existing land easement arrangements in transition to determine if they contain a lease. We did not elect the use-of-hindsight practical expedient. The new standard also provides practical expedients for an entity’s ongoing accounting. We elected the short term lease recognition exemption and we will not recognize ROU assets or lease liabilities for qualifying leases (leases with a term of less than 12 months from lease commencement). We also elected the accounting policy election to not separate lease and non-lease components for all asset classes. The Company implemented an outsourced software solution to support the ongoing accounting requirements that this standard will have on our consolidated financial statements. We have evaluated completeness and accuracy of lease data entered into the software solution and updated our processes, policies, and internal controls. Changes to our internal controls covered the identification, accounting and disclosure of leases both upon adoption and subsequent to adoption. Adoption of ASU 2016-02 at January 1, 2019 resulted in a one-time loss to retained earnings of $0.7 million on our consolidated balance sheet and consolidated statement of changes in shareholders' equity related to the net difference of derecognition of existing assets and debt obligations associated with our leases historically accounted for as sale-leaseback financings, for which the ASU requires accounting for as a lease at the date of initial application. Of the accounting standards we have adopted in 2019, the below standard did not have a material impact: ASU Effective Date 2018-16 Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes January 1, 2019 Accounting Guidance Issued But Not Yet Adopted In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, "Financial Instruments - Credit Losses". ASU 2016-13 replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires considerations of a broader range of reasonable and supportable information to inform credit loss estimates. The new standard is effective for fiscal years beginning after December 15, 2019. The provisions of this standard will primarily impact the allowance for doubtful accounts on our trade accounts receivables, in which we will apply historical loss percentages, combined with reasonable and supportable forecasts of future losses to the respective aging categories. The Company does not expect material impacts to our financial statements, related disclosures, key processes or changes to internal controls. In December 2019, the FASB issued ASU 2019-12, "Simplifying the Accounting for Income Taxes" as part of its initiative to reduce complexity in accounting standards. The ASU simplifies the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The new standard is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact of ASU 2019-12 on our financial statements.

Revenue

Revenue	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	REVENUE We recognize revenue at the point our contractual performance obligations with our customers are satisfied. This occurs at the point in time when control of our products transfers to the customer based on considerations of right to payment, transfer of legal title, physical possession, risks and rewards of ownership and customer acceptance. For the majority of our revenue, control transfers upon shipment of our products to our customers. Our remaining revenue is recorded upon delivery or consumption for our product sales or as incurred for services provided and royalties earned. Revenue is measured as the amount of consideration we expect to receive in exchange for our products or services. Our contracts, including those subject to standard terms and conditions under multi-year agreements, are largely short-term in nature and each customer purchase order typically represents a contract with the delivery of coatings representing the only separate performance obligation. For certain customer arrangements within our light vehicle, industrial and commercial vehicle end-markets, revenue is recognized upon shipment, as this is the point in time we have concluded that control of our product has transferred to our customer based on our considerations of the indicators of control in the contracts, including right of use and risk and reward of ownership. For consignment arrangements, revenue is recognized upon actual consumption by our customers, as this represents the point in time that control is determined to have transferred to the customer based on the contractual arrangement. In our refinish end-market, our product sales are typically supplied through a network of distributors. Control transfers and revenue is recognized when our products are delivered to our distribution customers. Variable consideration in the form of price, less discounts and rebates, are estimated and recorded, as a reduction to net sales, upon the sale of our products based on our ability to make a reasonable estimate of the amounts expected to be received or incurred. The estimates of variable consideration involve significant assumptions based on the best estimates of inventory held by distributors, applicable pricing, as well as the use of historical actuals for sales, discounts and rebates, which may result in changes in estimates in the future. The timing of payments associated with the above arrangements may differ from the timing associated with the satisfaction of our performance obligations. The period between the satisfaction of the performance obligation and the receipt of payment is dependent on terms and conditions specific to the customers. For transactions in which we expect, at contract inception, the period between the transfer of our products or services to our customer and when the customer pays for that good or service to be greater than one year, we adjust the promised amount of consideration for the effects of any significant financing components. All costs incurred directly in satisfaction of our performance obligations associated with revenue are reported in cost of goods sold on the statements of operations. We also provide certain customers with incremental up-front consideration, including Business Incentive Payments ("BIPs"), which are capitalized as a component of other assets and amortized over the estimated life of the contractual arrangement as a reduction of net sales. We do not receive a distinct service or good in return for these BIPs, but rather receive volume commitments and/or sole supplier status from our customers over the life of the contractual arrangements, which approximates a five-year weighted average useful life. The termination clauses in these contractual arrangements include standard clawback provisions that enable us to collect monetary damages in the event of a customer’s failure to meet its commitments under the relevant contract. At December 31, 2019 and 2018 , the total carrying value of BIPs were $191.2 million and $190.8 million , respectively, and are presented within other assets on the consolidated balance sheets. For the years ended December 31, 2019 , 2018 and 2017 $66.9 million , $65.5 million and $65.0 million , respectively, was amortized and reflected as reductions of net sales in the consolidated statements of operations. The total carrying value of BIPs excludes other upfront incentives made in conjunction with long-term customer commitments of $79.0 million and $56.0 million at December 31, 2019 and 2018 , respectively, which will be repaid in future periods. We accrue for sales returns and other allowances based on our historical experience, as well as expectations based on current information relevant to our customers. We include the amounts billed to customers for shipping and handling fees in net sales and include costs incurred for the delivery of goods as cost of goods sold in the statement of operations. Recognition of licensing and royalty income occurs at the point in time when agreed upon performance obligations are satisfied, the amount is fixed or determinable, and collectability is reasonably assured. Consideration for products in which control has transferred to our customers that is conditional on something other than the passage of time is recorded as a contract asset within prepaid expenses and other current assets on the balance sheet. The contract asset balances at December 31, 2019 and 2018 were $37.5 million and $47.2 million , respectively. The arrangements discussed above that have changed under the new revenue standard have resulted in a difference in timing of revenue recognition and classification of associated costs compared with historical U.S. GAAP. In addition to the application of the modified retrospective method to open contracts at the date of adoption, we have applied certain other policy elections upon adoption of the new revenue standard beginning January 1, 2018, including accounting for shipping and handling costs as contract fulfillment costs, as well as excluding from the transaction price any taxes imposed on and collected from customers in revenue producing transactions. Other practical expedients associated with the new revenue standard were assessed by management and concluded to be not applicable, including the application of a portfolio approach, costs to obtain a contract, existence of significant financing components, contract modifications and right to invoice. Revenue Streams Our revenue streams are disaggregated based on the types of products and services offered in contracts with our customers, which are depicted in each of our four end-markets. • Refinish - We develop, market and supply a complete portfolio of innovative coatings systems and color matching technologies to facilitate faster automotive collision repairs relative to competing technologies. Our refinish products and systems include a range of coatings layers required to match the vehicle’s color and appearance, producing a repair surface indistinguishable from the adjacent surface. • Industrial - The industrial end-market is comprised of liquid and powder coatings used in a broad array of end-market applications. We are also a leading global developer, manufacturer and supplier of functional and decorative liquid and powder coatings for a large number of diversified applications in the industrial end-market. We provide a full portfolio of products for applications including architectural cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, industrial wood, coil, rebar and oil & gas pipelines. • Light Vehicle - Light vehicle OEMs select coatings providers on the basis of their global ability to deliver advanced technological solutions that improve exterior appearance and durability and provide long-term corrosion protection. Customers also look for suppliers that can enhance process efficiency to reduce overall manufacturing costs and provide on-site technical support. • Commercial Vehicle - Sales in the commercial vehicle end-market are generated from a variety of applications including non-automotive transportation (e.g., heavy duty truck, bus and rail) and Agricultural, Construction and Earthmoving, as well as related markets such as trailers, recreational vehicles and personal sport vehicles. This end-market is primarily driven by global commercial vehicle production, which is influenced by overall economic activity, government infrastructure spending, equipment replacement cycles and evolving environmental standards. Commercial vehicle OEMs select coatings providers on the basis of their ability to consistently deliver advanced technological solutions that improve exterior appearance, protection and durability and provide extensive color libraries and matching capabilities at the lowest total cost-in-use, while meeting stringent environmental requirements. We also have other revenue streams which include immaterial revenues relative to the net sales of our four end-markets, comprised of sales of royalties and services, primarily within our light vehicle and refinish end-markets. See Note 20 for net sales by end-market.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2019
Business Combinations [Abstract]
Acquisitions and Divestitures	ACQUISITIONS AND DIVESTITURES During the year ended December 31, 2019, we completed the sale of our 60% interest in a consolidated joint venture within our Performance Coatings segment in China for net proceeds of $8.2 million . On the divestiture, we recorded a pre-tax loss of $3.4 million in other operating charges within our consolidated statements of operations for the year ended December 31, 2019 . Other Activity We purchased additional interests in certain previously consolidated joint ventures within our industrial end-market, increasing our total ownership to 100% for total consideration of $31.1 million . These included the remaining 40% interest in a joint venture in our Asia Pacific region and the remaining 24.5% interest pursuant to the stock purchase agreement for a joint venture acquired during the year ended December 31, 2016.

Goodwill and Identifiable Intan

Goodwill and Identifiable Intangible Assets	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Identifiable Intangible Assets	GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS Goodwill The following table shows changes in the carrying amount of goodwill from December 31, 2017 to December 31, 2019 by reportable segment: Performance Coatings Transportation Coatings Total December 31, 2017 $ 1,189.2 $ 82.0 $ 1,271.2 Goodwill from acquisitions 2.9 — 2.9 Purchase accounting adjustments (0.2 ) — (0.2 ) Foreign currency translation (40.4 ) (2.7 ) (43.1 ) December 31, 2018 $ 1,151.5 $ 79.3 $ 1,230.8 Goodwill from acquisitions 0.5 — 0.5 Purchase accounting adjustments 1.4 — 1.4 Divestiture (5.6 ) — (5.6 ) Foreign currency translation (16.9 ) (1.3 ) (18.2 ) December 31, 2019 $ 1,130.9 $ 78.0 $ 1,208.9 Identifiable Intangible Assets The following table summarizes the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class: December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Weighted average amortization periods (years) Technology $ 540.2 $ (310.6 ) $ 229.6 10.4 Trademarks—indefinite-lived 264.9 — 264.9 Indefinite Trademarks—definite-lived 99.7 (30.1 ) 69.6 15.8 Customer relationships 923.8 (271.3 ) 652.5 19.1 Other 15.2 (7.9 ) 7.3 5.0 Total $ 1,843.8 $ (619.9 ) $ 1,223.9 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Weighted average amortization periods (years) Technology $ 545.7 $ (260.7 ) $ 285.0 10.4 Trademarks—indefinite-lived 269.0 — 269.0 Indefinite Trademarks—definite-lived 100.6 (24.0 ) 76.6 15.8 Customer relationships 929.9 (222.9 ) 707.0 19.1 Other 15.7 (5.3 ) 10.4 5.1 Total $ 1,860.9 $ (512.9 ) $ 1,348.0 In-process research and development projects not yet commercialized and classified within technology assets were $1.9 million and $2.3 million at December 31, 2019 and 2018 , respectively. The estimated amortization expense related to the fair value of acquired intangible assets for each of the succeeding five years is: 2020 $ 113.0 2021 $ 112.4 2022 $ 110.3 2023 $ 71.0 2024 $ 66.2

Restructuring

Restructuring	12 Months Ended
	Dec. 31, 2019
Restructuring and Related Activities [Abstract]
Restructuring	RESTRUCTURING In accordance with the applicable guidance for ASC 712, Nonretirement Postemployment Benefits , we accounted for termination benefits and recognized liabilities when the loss was considered probable that employees were entitled to benefits and the amounts could be reasonably estimated. We have incurred costs in connection with involuntary termination benefits associated with our corporate-related initiatives and cost-saving opportunities associated with our Axalta Way initiatives. These amounts are recorded within selling, general and administrative expenses in the consolidated statements of operations. The payments associated with these actions are expected to be completed within 12 to 24 months from the balance sheet date. The following table summarizes the activity related to the restructuring reserves and expenses for the years ended December 31, 2019 , 2018 and 2017 : Balance at January 1, 2017 $ 66.1 Expense recorded 36.2 Payments made (36.1 ) Foreign currency translation 6.8 Venezuela deconsolidation impact (1.5 ) Balance at December 31, 2017 $ 71.5 Expense recorded 79.8 Payments made (46.4 ) Foreign currency translation (2.2 ) Balance at December 31, 2018 $ 102.7 Expense recorded 34.4 Payments made (57.3 ) Foreign currency translation (1.8 ) Balance at December 31, 2019 $ 78.0 Restructuring charges incurred during the years ended December 31, 2019 and 2018 included actions to reduce operational costs through activities to rationalize our manufacturing footprint, including the impacts from the closure of our Mechelen, Belgium manufacturing facility announced during the year ended December 31, 2018. Axalta expects to incur aggregate pre-tax charges of approximately $135 - 140 million related to the shutdown of the Mechelen facility. Components of the aggregate pre-tax charges include approximately $90 million in severance costs, non-cash accelerated depreciation costs of approximately $40 - 45 million associated with the reduced useful lives of the impacted manufacturing assets and other shutdown related costs of approximately $5 million . Pre-tax charges incurred in fiscal years 2018 and 2019 were $80.9 million and $43.2 million , respectively, with the remainder to be incurred during 2020. Completion of the transfer and start-up of production at other Axalta manufacturing facilities is estimated to require capital expenditures of approximately $35 - 45 million , of which we have incurred approximately $8 million as of December 31, 2019. Axalta commenced the closure in the third quarter of 2018 and anticipates completion of the closure activities during the first half of 2020 with capital expenditures to be incurred into 2021. Axalta expects the charges to result in annual pre-tax savings of approximately $30 million , which are expected to begin realization during the second half of 2020. During the year ended December 31, 2017, we recorded impairment losses of $7.6 million associated with manufacturing facilities based on market price estimates recorded within other (income) expense, net. See Note 10 for further information. We recognized impairments of $17.7 million , during the year ended December 31, 2019 , primarily related to the abandonment of engineering work for aspects of our China footprint project which has been adjusted due to evolving market conditions. The impairments are included in the consolidated statements of operations in other operating charges.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Liabilities	COMMITMENTS AND CONTINGENCIES Guarantees We guarantee certain of our customers’ obligations to third parties, whereby any default by our customers on their obligations could force us to make payments to the applicable creditors. At December 31, 2019 and 2018 , we had outstanding bank guarantees of $11.6 million and $12.7 million , respectively, which expire in 2020 or thereafter. We monitor the obligations to evaluate whether we have a liability at the balance sheet date, for which no ne existed as of December 31, 2019 and 2018 . Other We are subject to various pending lawsuits, legal proceedings and other claims in the ordinary course of business, including civil, regulatory and environmental matters. These litigation matters may involve third-party indemnification obligations and/or insurance covering all or part of any potential damage against us. All of these matters are subject to many uncertainties and, accordingly, we cannot determine the ultimate outcome of the proceedings and other claims at this time, although management does not believe that such proceedings, individually or in the aggregate, will have a material adverse effect on the consolidated financial statements of Axalta. The potential effects, if any, on such consolidated financial statements will be recorded in the period in which these matters are probable and estimable. We are involved in environmental remediation and ongoing compliance activities at several sites. The timing and duration of remediation and ongoing compliance activities are determined on a site by site basis depending on local regulations. The amounts recorded represent our estimable future remediation costs and other anticipated environmental liabilities. We have not recorded liabilities at sites where a liability is probable, but that a range of loss is not reasonably estimable. We believe that any sum we may be required to pay in connection with environmental remediation matters in excess of the amounts recorded would likely occur over a period of time and would likely not have a material adverse effect upon our results of operations, financial condition or cash flows on a consolidated annual basis, however, could have a material adverse impact in a particular quarterly reporting period.

Leases

Leases	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases, Operating Leases	LEASES We have operating and finance leases for certain of our technology centers, warehouses, office spaces, land, and equipment. As described within Note 1, we adopted ASU 2016-02, "Leases," on January 1, 2019 requiring, among other changes, operating and finance leases with terms exceeding twelve months to be recognized as ROU assets and lease liabilities on the balance sheet. ROU assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. The lease term is determined to be the non-cancelable period including any lessee renewal options which are considered to be reasonably certain of exercise. The interest rate implicit in lease contracts is typically not readily determinable. As such, the Company used judgment to determine an appropriate incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term in a similar economic environment. Lease expense for fixed lease payments on operating leases is recognized over the expected term on a straight-line basis, while lease expense for fixed lease payments on finance leases is recognized using the effective interest. Certain of our lease agreements include rental payments based on an index or adjusted periodically for inflation. The changes to the CPI are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. In addition, variable lease expense also includes elements of a contract that is based on usage during the term. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. Supplemental balance sheet information related to leases is summarized as follows: December 31, 2019 Assets Classification Operating lease assets, net Other assets (1) $ 95.6 Finance lease assets, net Property, plant and equipment, net (2) 66.9 Total leased assets $ 162.5 Liabilities Current Operating lease liabilities Other accrued liabilities $ 29.3 Finance lease liabilities Current portion of borrowings 2.9 Noncurrent Operating lease liabilities Other liabilities 69.5 Finance lease liabilities Long-term borrowings 62.2 Total lease liabilities $ 163.9 (1) Operating lease assets are recorded net of accumulated amortization of $18.4 million as of December 31, 2019 . (2) Finance lease assets are recorded net of accumulated amortization of $4.6 million as of December 31, 2019 . Components of lease expense are summarized as follows: December 31, 2019 Finance lease cost Amortization of right-of-use assets $ 4.1 Interest on lease liabilities 3.5 Operating lease cost 36.5 Variable lease cost 2.9 Short-term lease cost 1.2 Net lease cost $ 48.2 Supplemental cash flow information related to leases is summarized as follows: December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 36.8 Operating cash flows from finance leases $ 3.5 Financing cash flows from finance leases $ 1.9 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 23.3 Finance leases $ 0.5 Lease term and discount rate information is summarized as follows: December 31, 2019 Weighted-average remaining lease term (years) Operating leases 4.9 Finance leases 16.7 Weighted-average discount rate Operating leases 3.6 % Finance leases 5.2 % Maturities of lease liabilities as of December 31, 2019 is as follows: Operating Leases Finance Leases Year 2020 $ 31.1 $ 5.9 2021 24.8 5.6 2022 17.1 5.8 2023 12.6 5.8 2024 6.4 5.8 Thereafter 17.2 71.9 Total lease payments $ 109.2 $ 100.8 Less: imputed interest 10.4 35.7 Present value of lease liabilities $ 98.8 $ 65.1 As discussed in Note 1, we have elected the transition methodology to apply the standard at the beginning of the period of adoption, January 1, 2019, through a cumulative-effect adjustment to retained earnings. Under this transition method, the application date of the new standard shall begin in the reporting period in which we have adopted the standard. For comparability purposes, the following table reflects the total remaining cash payments related to all transactions during the rental term at December 31, 2018 associated with three lease arrangements that were treated as sale-leaseback financing transactions under ASC 840 and disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018: Sale-leaseback Obligations 2019 $ 5.3 2020 5.4 2021 5.4 2022 5.7 2023 5.7 Thereafter 77.1 Total minimum payments $ 104.6 At December 31, 2018, future minimum payments under non-cancelable operating leases under ASC 840 were as follows: Operating Leases 2019 $ 34.6 2020 23.5 2021 17.1 2022 13.2 2023 11.5 Thereafter 16.6 Total minimum payments $ 116.5
Lessee, Finance Leases	LEASES We have operating and finance leases for certain of our technology centers, warehouses, office spaces, land, and equipment. As described within Note 1, we adopted ASU 2016-02, "Leases," on January 1, 2019 requiring, among other changes, operating and finance leases with terms exceeding twelve months to be recognized as ROU assets and lease liabilities on the balance sheet. ROU assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent the Company's obligation to make lease payments arising from the lease. Operating lease ROU assets and operating lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. The lease term is determined to be the non-cancelable period including any lessee renewal options which are considered to be reasonably certain of exercise. The interest rate implicit in lease contracts is typically not readily determinable. As such, the Company used judgment to determine an appropriate incremental borrowing rate, which is the rate incurred to borrow on a collateralized basis over a similar term in a similar economic environment. Lease expense for fixed lease payments on operating leases is recognized over the expected term on a straight-line basis, while lease expense for fixed lease payments on finance leases is recognized using the effective interest. Certain of our lease agreements include rental payments based on an index or adjusted periodically for inflation. The changes to the CPI are treated as variable lease payments and recognized in the period in which the obligation for those payments was incurred. In addition, variable lease expense also includes elements of a contract that is based on usage during the term. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. Supplemental balance sheet information related to leases is summarized as follows: December 31, 2019 Assets Classification Operating lease assets, net Other assets (1) $ 95.6 Finance lease assets, net Property, plant and equipment, net (2) 66.9 Total leased assets $ 162.5 Liabilities Current Operating lease liabilities Other accrued liabilities $ 29.3 Finance lease liabilities Current portion of borrowings 2.9 Noncurrent Operating lease liabilities Other liabilities 69.5 Finance lease liabilities Long-term borrowings 62.2 Total lease liabilities $ 163.9 (1) Operating lease assets are recorded net of accumulated amortization of $18.4 million as of December 31, 2019 . (2) Finance lease assets are recorded net of accumulated amortization of $4.6 million as of December 31, 2019 . Components of lease expense are summarized as follows: December 31, 2019 Finance lease cost Amortization of right-of-use assets $ 4.1 Interest on lease liabilities 3.5 Operating lease cost 36.5 Variable lease cost 2.9 Short-term lease cost 1.2 Net lease cost $ 48.2 Supplemental cash flow information related to leases is summarized as follows: December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 36.8 Operating cash flows from finance leases $ 3.5 Financing cash flows from finance leases $ 1.9 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 23.3 Finance leases $ 0.5 Lease term and discount rate information is summarized as follows: December 31, 2019 Weighted-average remaining lease term (years) Operating leases 4.9 Finance leases 16.7 Weighted-average discount rate Operating leases 3.6 % Finance leases 5.2 % Maturities of lease liabilities as of December 31, 2019 is as follows: Operating Leases Finance Leases Year 2020 $ 31.1 $ 5.9 2021 24.8 5.6 2022 17.1 5.8 2023 12.6 5.8 2024 6.4 5.8 Thereafter 17.2 71.9 Total lease payments $ 109.2 $ 100.8 Less: imputed interest 10.4 35.7 Present value of lease liabilities $ 98.8 $ 65.1 As discussed in Note 1, we have elected the transition methodology to apply the standard at the beginning of the period of adoption, January 1, 2019, through a cumulative-effect adjustment to retained earnings. Under this transition method, the application date of the new standard shall begin in the reporting period in which we have adopted the standard. For comparability purposes, the following table reflects the total remaining cash payments related to all transactions during the rental term at December 31, 2018 associated with three lease arrangements that were treated as sale-leaseback financing transactions under ASC 840 and disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018: Sale-leaseback Obligations 2019 $ 5.3 2020 5.4 2021 5.4 2022 5.7 2023 5.7 Thereafter 77.1 Total minimum payments $ 104.6 At December 31, 2018, future minimum payments under non-cancelable operating leases under ASC 840 were as follows: Operating Leases 2019 $ 34.6 2020 23.5 2021 17.1 2022 13.2 2023 11.5 Thereafter 16.6 Total minimum payments $ 116.5

Long-term Employee Benefits

Long-term Employee Benefits	12 Months Ended
	Dec. 31, 2019
Postemployment Benefits [Abstract]
Long-term Employee Benefits	LONG-TERM EMPLOYEE BENEFITS Defined Benefit Pensions Axalta has defined benefit plans that cover certain employees worldwide, with over 85% of the projected benefit obligation within the European region as of December 31, 2019 . Obligations and Funded Status The measurement date used to determine defined benefit obligations was December 31. The following table sets forth the changes to the projected benefit obligations ("PBO") and plan assets for the years ended December 31, 2019 and 2018 and the funded status and amounts recognized in the accompanying consolidated balance sheets at December 31, 2019 and 2018 for our defined benefit pension plans: Year Ended December 31, 2019 2018 Change in benefit obligation: Projected benefit obligation at beginning of year $ 583.7 $ 636.9 Service cost 7.2 8.8 Interest cost 13.1 13.1 Participant contributions 1.2 1.3 Actuarial losses (gains), net 60.9 (3.3 ) Plan curtailments, settlements and special termination benefits (7.1 ) (19.4 ) Benefits paid (22.5 ) (25.6 ) Business combinations and other adjustments (0.1 ) 0.7 Foreign currency translation 4.3 (28.8 ) Projected benefit obligation at end of year 640.7 583.7 Change in plan assets: Fair value of plan assets at beginning of year 332.3 365.0 Actual return on plan assets 28.3 (1.4 ) Employer contributions 16.9 24.6 Participant contributions 1.2 1.3 Benefits paid (22.5 ) (25.6 ) Settlements (7.4 ) (12.5 ) Business combinations and other adjustments (0.1 ) (0.1 ) Foreign currency translation 8.2 (19.0 ) Fair value of plan assets at end of year 356.9 332.3 Funded status, net $ (283.8 ) $ (251.4 ) Amounts recognized in the consolidated balance sheets consist of: Other assets $ 13.0 $ 22.0 Other accrued liabilities (11.6 ) (11.5 ) Accrued pensions (285.2 ) (261.9 ) Net amount recognized $ (283.8 ) $ (251.4 ) The PBO is the actuarial present value of benefits attributable to employee service rendered to date, including the effects of estimated future pay increases. The accumulated benefit obligation ("ABO") is the actuarial present value of benefits attributable to employee service rendered to date but does not include the effects of estimated future pay increases. The following table reflects the ABO for all defined benefit pension plans as of December 31, 2019 and 2018 . Further, the table reflects the aggregate PBO, ABO and fair value of plan assets for pension plans with PBO in excess of plan assets and for pension plans with ABO in excess of plan assets. Year Ended December 31, 2019 2018 ABO $ 613.5 $ 559.9 Plans with PBO in excess of plan assets: PBO $ 401.0 $ 375.6 ABO $ 374.2 $ 352.0 Fair value plan assets $ 104.2 $ 102.2 Plans with ABO in excess of plan assets: PBO $ 401.0 $ 370.2 ABO $ 374.2 $ 349.1 Fair value plan assets $ 104.2 $ 99.3 The pre-tax amounts not yet reflected in net periodic benefit cost and included in AOCI include the following related to defined benefit plans: Year Ended December 31, 2019 2018 Accumulated net actuarial losses $ (97.9 ) $ (51.8 ) Accumulated prior service credit 1.5 1.6 Total $ (96.4 ) $ (50.2 ) The accumulated net actuarial losses for pensions relate primarily to differences between the actual net periodic expense and the expected net periodic expense resulting from differences in the significant assumptions, including return on assets, discount rates and compensation trends, used in these estimates. For individual plans in which the accumulated net actuarial gains or losses exceed 10% of the higher of the fair value of plan assets or the PBO at the beginning of the year, amortization of such excess has been included in net periodic benefit costs. The amortization period is the average remaining service period of active employees expected to receive benefits unless a plan is mostly inactive in which case the amortization period is the average remaining life expectancy of the plan participants. Accumulated prior service credit is amortized over the future service periods of those employees who are active at the dates of the plan amendments and who are expected to receive benefits. The estimated pre-tax amounts that are expected to be amortized from AOCI into the consolidated statements of operations as net periodic benefit cost during 2020 for the defined benefit plans is as follows: 2020 Amortization of net actuarial losses, net $ (3.5 ) Amortization of prior service credit, net 0.1 Total $ (3.4 ) Components of Net Periodic Benefit Cost The following table sets forth the pre-tax components of net periodic benefit costs for our defined benefit plans for the years ended December 31, 2019 , 2018 and 2017 . Year Ended December 31, 2019 2018 2017 Components of net periodic benefit cost and amounts recognized in comprehensive (income) loss: Net periodic benefit cost: Service cost $ 7.2 $ 8.8 $ 9.0 Interest cost 13.1 13.1 13.8 Expected return on plan assets (13.9 ) (16.1 ) (15.0 ) Amortization of actuarial loss, net 1.9 1.3 1.4 Amortization of prior service credit (0.1 ) (0.1 ) — Curtailment gain (2.3 ) (0.7 ) — Settlement loss 1.1 0.6 0.2 Special termination benefit loss 0.3 — 1.0 Net periodic benefit cost 7.3 6.9 10.4 Changes in plan assets and benefit obligations recognized in other comprehensive loss (income): Net actuarial loss (gain), net 46.7 6.7 (20.6 ) Amortization of actuarial loss, net (1.9 ) (1.3 ) (1.4 ) Prior service cost (credit) — 0.8 (1.2 ) Amortization of prior service credit 0.1 0.1 — Curtailment gain 2.3 0.7 — Settlement loss (1.1 ) (0.6 ) (0.2 ) Other adjustments — — (7.9 ) Total loss (gain) recognized in other comprehensive loss (income) 46.1 6.4 (31.3 ) Total recognized in comprehensive loss (income) $ 53.4 $ 13.3 $ (20.9 ) Included in the other adjustments recognized in other comprehensive (income) loss for the year ended December 31, 2017 was a pension plan adjustment related to the deconsolidation of our Venezuelan subsidiary and the corresponding write-off of the accumulated actuarial loss on our Venezuela pension plan. This resulted in a decrease of $8.5 million in AOCI ( $5.9 million , net of tax), as discussed further in Note 22. Assumptions We used the following assumptions in determining the benefit obligations and net periodic benefit cost of our defined benefit plans: 2019 2018 2017 Weighted-average assumptions: Discount rate to determine benefit obligation 1.58 % 2.27 % 2.13 % Discount rate to determine net cost 2.27 % 2.13 % 2.52 % Rate of future compensation increases to determine benefit obligation 2.73 % 2.68 % 2.69 % Rate of future compensation increases to determine net cost 2.68 % 2.69 % 3.07 % Rate of return on plan assets to determine net cost 4.21 % 4.47 % 4.73 % The discount rates used reflect the expected future cash flow based on plan provisions, participant data and the currencies in which the expected future cash flows will occur. For the majority of our defined benefit pension obligations, we utilize prevailing long-term high quality corporate bond indices applicable to the respective country at the measurement date. In countries where established corporate bond markets do not exist, we utilize other index movement and duration analysis to determine discount rates. The long-term rate of return on plan assets assumptions reflect economic assumptions applicable to each country and assumptions related to the preliminary assessments regarding the type of investments to be held by the respective plans. Estimated future benefit payments The following reflects the total benefit payments expected to be paid for defined benefits: Year ended December 31, Benefits 2020 $ 32.6 2021 $ 27.8 2022 $ 29.3 2023 $ 32.1 2024 $ 36.2 2025—2029 $ 181.7 Plan Assets The defined benefit pension plans for our subsidiaries represent single-employer plans and the related plan assets are invested within separate trusts. Each of the single-employer plans is managed in accordance with the requirements of local laws and regulations governing defined benefit pension plans for the exclusive purpose of providing pension benefits to participants and their beneficiaries. Pension plan assets are typically held in a trust by financial institutions. Our established asset allocation targets are intended to achieve the plan’s investment strategies. Equity securities include varying market capitalization levels. U.S. equity securities are primarily large-cap companies. Fixed income investments include corporate issued, government issued, and asset backed securities. Corporate debt securities include a range of credit risk and industry diversification. Other investments include real estate and private market securities such as insurance contracts, interests in private equity, and venture capital partnerships. Pension trust liabilities relate to an over funding by DuPont, as defined in Item 1. Business included elsewhere in this Annual Report on Form 10-K, into a pension trust managed by Axalta in conjunction with the Acquisition, as defined in Item 1. Business included elsewhere in this Annual Report on Form 10-K. The assets continued to be invested and managed by Axalta until required regulatory approvals were received in 2019, at which time the over-funded assets were transferred back to the trust managed by DuPont. Assets measured using the net asset value per share practical expedient ("NAV") include debt asset backed securities, hedge funds, and real estate funds. Debt asset backed securities primarily consist of collateralized debt obligations. The market values for these assets are based on the NAV multiplied by the number of shares owned. Fair value calculations may not be indicative of net realizable value or reflective of future fair values. Furthermore, although we believe the valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. The Company’s investment strategy in pension plan assets is to generate earnings over an extended time to help fund the cost of benefits while maintaining an adequate level of diversification for a prudent level of risk. The table below summarizes the weighted average actual and target pension plan asset allocations at December 31 st for all funded Axalta defined benefit plans. Asset Category 2019 2018 Target Allocation Equity securities 20-25% 15-20% 20-25% Debt securities 30-35% 25-30% 30-35% Real estate 0-5% 0-5% 0-5% Other 40-45% 45-50% 40-45% The table below presents the fair values of the defined benefit pension plan assets by level within the fair value hierarchy, as described in Note 1, at December 31, 2019 and 2018 , respectively. Defined benefit pension plan assets measured using NAV have not been categorized in the fair value hierarchy. Fair value measurements at December 31, 2019 Total Level 1 Level 2 Level 3 Asset Category: Cash and cash equivalents $ 4.0 $ 4.0 $ — $ — U.S. equity securities 36.0 35.7 — 0.3 Non-U.S. equity securities 45.8 42.9 0.4 2.5 Debt securities—government issued 69.6 45.0 19.9 4.7 Debt securities—corporate issued 40.2 28.3 9.4 2.5 Private market securities and other 125.8 1.0 0.7 124.1 Total carried at fair value $ 321.4 $ 156.9 $ 30.4 $ 134.1 Investments measured at NAV 35.5 Total $ 356.9 Fair value measurements at December 31, 2018 Total Level 1 Level 2 Level 3 Asset Category: Cash and cash equivalents $ 4.5 $ 4.4 $ 0.1 $ — U.S. equity securities 23.7 23.4 — 0.3 Non-U.S. equity securities 42.9 39.9 1.0 2.0 Debt—government issued 70.9 41.1 23.3 6.5 Debt—corporate issued 29.1 19.7 7.0 2.4 Private market securities and other 129.6 1.2 1.5 126.9 Real estate investments 13.6 — — 13.6 Total carried at fair value $ 314.3 $ 129.7 $ 32.9 $ 151.7 Investments measured at NAV 19.5 Pension trust liability (1.5 ) Total $ 332.3 Level 3 assets are primarily insurance contracts pledged on behalf of employees with benefits in certain countries, ownership interests in investment partnerships, trusts that own private market securities, and other debt and equity investments. The fair values of our insurance contracts are determined based on the cash surrender value or the present value of the expected future benefits to be paid under the contract, discounted at a rate consistent with the related benefit obligation. Debt and equity securities consist primarily of small investments in other investments that are valued at different frequencies based on the value of the underlying investments. The table below presents a roll forward of activity for these assets for the years ended December 31, 2019 and 2018 . Level 3 assets Total Private market securities Debt and equity Real estate investments Ending balance at December 31, 2017 $ 158.0 $ 135.7 $ 8.8 $ 13.5 Change in unrealized gain (4.2 ) (4.4 ) (0.2 ) 0.4 Purchases, sales, issues and settlements (2.1 ) (4.4 ) 2.6 (0.3 ) Ending balance at December 31, 2018 $ 151.7 $ 126.9 $ 11.2 $ 13.6 Change in unrealized gain 2.5 1.5 0.7 0.3 Purchases, sales, issues and settlements (8.6 ) (4.6 ) (1.9 ) (2.1 ) Transfers out of Level 3 (11.5 ) — — (11.5 ) Ending balance at December 31, 2019 $ 134.1 $ 123.8 $ 10.0 $ 0.3 Assumptions and Sensitivities The discount rate is determined as of each measurement date, based on a review of yield rates associated with long-term, high-quality corporate bonds. The calculation separately discounts benefit payments using the spot rates from a long-term, high-quality corporate bond yield curve. The long-term rate of return assumption represents the expected average rate of earnings on the funds invested to provide for the benefits included in the benefit obligations. The long-term rate of return assumption is determined based on a number of factors, including historical market index returns, the anticipated long-term asset allocation of the plans, historical plan return data, plan expenses and the potential to outperform market index returns. For 2020 , the expected long-term rate of return is 3.71% . Anticipated Contributions to Defined Benefit Plan For funded pension plans, our funding policy is to fund amounts for pension plans sufficient to meet minimum requirements set forth in applicable benefit laws and local tax laws. Based on the same assumptions used to measure our benefit obligations at December 31, 2019 , we expect to contribute $5.8 million to our defined benefit plans during 2020 . No plan assets are expected to be returned to the Company in 2020 . Defined Contribution Plans The Company sponsors defined contribution plans in both its U.S. and non-U.S. subsidiaries, under which salaried and certain hourly employees may defer a portion of their compensation. Eligible participants may contribute to the plan up to the allowable amount as determined by the plan of their regular compensation before taxes. All contributions and Company matches are invested at the direction of the employee. Company matching contributions vest immediately and aggregated to $48.7 million , $43.8 million and $45.1 million for the years ended December 31, 2019 , 2018 and 2017 , respectively.

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	STOCK-BASED COMPENSATION During the years ended December 31, 2019 , 2018 and 2017 , we recogni zed $15.7 million , $37.3 million and $38.5 million , respectively, in stock-based compensation expense, which was allocated between costs of goods sold and selling, general and administrative expenses on the consolidated statements of operations. We recognized tax benefits on stock-based compensation of $0.3 million , $6.7 million and $12.1 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. Description of Equity Incentive Plan In 2013, Axalta’s Board of Directors approved the Axalta Coating Systems Ltd. 2013 Incentive Award Plan (the "2013 Plan") which reserved shares of common stock of the Company for issuance to employees, directors and consultants. The 2013 Plan provided for the issuance of stock options, restricted stock or other stock-based awards. No further awards may be granted pursuant to the 2013 Plan. In 2014, Axalta's Board of Directors approved the Axalta Coating Systems Ltd. 2014 Incentive Award Plan, as amended and restated (the "2014 Plan"), which reserved additional shares of common stock of the Company for issuance to employees, directors and consultants. The 2014 Plan provides for the issuance of stock options, restricted stock or other stock-based awards. All awards granted pursuant to the 2014 Plan must be authorized by the Board of Directors of Axalta or a designated committee thereof. Our Board of Directors has generally delegated responsibility for administering the 2014 Plan to our Compensation Committee. The terms of the stock options may vary with each grant and are determined by the Compensation Committee within the guidelines of the 2013 and 2014 Plans. Option life cannot exceed ten years and the Company may settle option exercises by issuing new shares, treasury shares or shares purchased on the open market. During 2019, we granted non-qualified service-based stock options, restricted stock units and performance share units to certain employees and directors. All awards were granted under the 2014 Plan. The performance share units are subject to certain performance and market conditions, in addition to the service-based vesting conditions. Stock Options The Black-Scholes option pricing model was used to estimate fair values of the options as of the date of the grant. The weighted average fair values of options granted in 2019 , 2018 and 2017 were $6.98 , $6.78 and $7.69 per share, respectively. A majority of these awards vest ratably over three years . Principal weighted average assumptions used in applying the Black-Scholes model were as follows: 2019 Grants 2018 Grants 2017 Grants Expected Term 6.0 years 6.0 years 6.0 years Volatility 20.25 % 20.27 % 21.75 % Dividend Yield — — — Discount Rate 2.47 % 2.66 % 2.03 % The expected term assumptions used for the grants mentioned in the above table were determined using the simplified method. We do not anticipate paying cash dividends in the foreseeable future and, therefore, use an expected dividend yield of zero . Volatility for outstanding grants was based upon our industry peer group since we have a limited history as a public company. The discount rate was derived from the U.S. Treasury yield curve. A summary of stock option award activity as of and for the year ended December 31, 2019 is presented below: Awards (in millions) Weighted- Average Exercise Price Aggregate Intrinsic Value (in millions) Weighted Average Remaining Contractual Life (years) Outstanding at December 31, 2018 7.2 $ 19.32 Granted 0.8 $ 26.91 Exercised (3.9 ) $ 12.92 Forfeited (1.1 ) $ 29.41 Outstanding at December 31, 2019 3.0 $ 25.92 Vested and expected to vest at December 31, 2019 3.0 $ 25.92 $ 15.1 5.85 Exercisable at December 31, 2019 2.0 $ 24.86 $ 12.6 4.49 Cash received by the Company upon exercise of options in 2019 was $50.3 million . Tax benefits on these exercises were $11.6 million . For the years ended December 31, 2019 , 2018 and 2017 , the intrinsic value of options exercised was $56.6 million , $33.6 million and $42.2 million , respectively. The fair value of shares vested during 2019 , 2018 and 2017 was $5.4 million , $6.8 million and $5.2 million , respectively. At December 31, 2019 , there was $2.8 million of unrecognized compensation cost relating to outstanding unvested stock options expected to be recognized over the weighted average period of 1.5 years . Restricted Stock Awards and Restricted Stock Units During the year ended December 31, 2019 , we issued 0.7 million shares of restricted stock units. A majority of these awards vest ratably over three years . The other awards granted cliff vest over a period of four years or less. A summary of restricted stock and restricted stock unit award activity as of December 31, 2019 is presented below: Awards (in millions) Weighted-Average Fair Value Outstanding at December 31, 2018 1.6 $ 29.12 Granted 0.7 $ 26.99 Vested (0.7 ) $ 28.43 Forfeited (0.4 ) $ 28.51 Outstanding at December 31, 2019 1.2 $ 28.45 At December 31, 2019 , there was $11.9 million of unamortized expense relating to unvested restricted stock awards and restricted stock units that is expected to be amortized over a weighted average period of 1.4 years. The intrinsic value of awards vested during 2019 , 2018 and 2017 was $19.7 million , $36.2 million and $30.1 million , respectively. The total fair value of awards vested during 2019 , 2018 and 2017 was $20.9 million , $35.3 million and $29.4 million , respectively. Tax shortfalls on these exercises were $0.2 million . Performance Stock Awards and Performance Share Units During the year ended December 31, 2019, the Company granted performance share units ("PSUs") to certain employees of the Company as part of their annual equity compensation award. During the years prior to December 31, 2019, the Company granted performance share awards and performance share units (collectively referred to as "PSAs"). PSAs granted prior to 2019 are tied to the Company’s total shareholder return ("TSR") relative to the TSR of a selected industry peer group or S&P 500. Each award vests over its applicable service period and covers a TSR performance cycle of three years starting at the beginning of the fiscal year in which the shares were granted. The actual number of shares awarded will be between zero and 200% of the target award amount. TSR relative to peers is considered a market condition under applicable authoritative guidance. PSUs granted in 2019 are subject to the same service conditions, but also include performance conditions related to internal profitability and return on invested capital metrics over a cumulative performance period of three years , as well as three individual one-year performance periods. At the end of the three-year performance period, the number of PSUs earned based on performance relative to the profitability and invested capital metrics are subject to a market condition in the form of a positive or negative TSR modifier relative to the S&P 500 over the same three-year performance period. The actual number of shares awarded will be between zero and 200% of the target award amount. A summary of PSA and PSU activity as of December 31, 2019 is presented below: Awards (in millions) Weighted-Average Fair Value Outstanding at December 31, 2018 0.8 $ 31.82 Granted 0.3 $ 29.10 Vested — $ — Forfeited (0.6 ) $ 30.38 Outstanding at December 31, 2019 0.5 $ 32.11 At December 31, 2019 , there was $6.9 million of unamortized expense relating to unvested PSAs that are expected to be amortized over a weighted average period of 1.9 years . The forfeitures include performance stock awards and performance share units granted in 2016 that did not meet the performance target required for vesting.

Other Expense, Net

Other Expense, Net	12 Months Ended
	Dec. 31, 2019
Other Income and Expenses [Abstract]
Other Expense, Net	OTHER (INCOME) EXPENSE, NET Year Ended December 31, 2019 2018 2017 Foreign exchange losses, net $ 8.3 $ 9.2 $ 7.4 Non-operational asset impairment charges — — 7.6 Debt extinguishment and refinancing related costs 0.2 9.5 13.4 Other miscellaneous income, net (12.9 ) (3.7 ) (1.3 ) Total $ (4.4 ) $ 15.0 $ 27.1 Prior to deconsolidation, during the year ended December 31, 2017, our Venezuelan subsidiary, which was a U.S. dollar functional entity, contributed $1.8 million in foreign exchange losses. See Note 22 for further information on the deconsolidation of our Venezuelan subsidiary. During the year ended December 31, 2017 , we recorded non-operational impairment losses of $7.6 million . These impairment losses related to actions to reduce operational costs through activities to rationalize our manufacturing footprint resulting in write-downs of manufacturing facilities identified for closure, as well as a write-down of the carrying value of a real estate investment, which were based on market price estimates. Debt extinguishment and refinancing related costs include third-party fees and the losses on extinguishment associated with the write-off of unamortized deferred financing costs and original issue discounts previously capitalized in conjunction with the restructuring and refinancing of the Term Loans and Senior Notes during the years ended December 31, 2018 and 2017 and the Revolving Credit Facility during the year ended December 31, 2019, as discussed further in Note 18.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES On December 22, 2017, the U.S. TCJA legislation, as defined herein, was enacted into law, which significantly revised the Internal Revenue Code of 1986, as amended. The U.S. TCJA included, among other items, (1) permanent reduction of the corporate tax rate from a top marginal rate of 35% to a flat rate of 21%; (2) limitations on the tax deduction for net interest expense to 30% of adjusted earnings; (3) a one-time transition tax on certain unrepatriated earnings of foreign subsidiaries; (4) a shift of the U.S. taxation of multinational corporations from a tax on worldwide income to a territorial system (along with certain rules designed to prevent erosion of the U.S. income tax base); and (5) modifying or repealing many other business deductions and credits (including modifications to annual foreign tax credit limitations). For the year-ended December 31, 2017 we recorded a provisional non-cash net tax charge of $107.8 million related to the impacts of the U.S. TCJA. This provisional tax charge included a one-time $81.1 million remeasurement of the net U.S. deferred tax assets to the lower enacted U.S. corporate tax rate of 21%, the establishment of a valuation allowance of $26.1 million on certain interest and foreign tax credit carryforwards and $0.6 million of withholding tax on unremitted earnings. December 22, 2018 marked the end of the measurement period for purposes of SAB 118. As such, the Company has completed the analysis based on legislative updates relating to the U.S. TCJA currently available and recorded an additional tax benefit of $12.5 million for the year ended December 31, 2018. While we have completed our accounting of the income tax effects of the U.S. TCJA under SAB 118, the related tax impacts may differ, possibly materially, due to changes in interpretations and assumptions that we have made, additional guidance that may be issued by regulatory bodies, and actions and related accounting policy decisions we may take as a result of the new legislation. Domestic and Foreign Components of Income Before Income Taxes Year Ended December 31, 2019 2018 2017 Domestic $ 223.4 $ 194.8 $ 41.8 Foreign 106.6 72.7 147.8 Total $ 330.0 $ 267.5 $ 189.6 Provision (Benefit) for Income Taxes Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Current Deferred Total Current Deferred Total Current Deferred Total U.S. federal $ 8.3 $ 27.1 $ 35.4 $ 7.2 $ 6.8 $ 14.0 $ 4.6 $ 102.8 $ 107.4 U.S. state and local 5.3 (9.2 ) (3.9 ) 2.7 12.8 15.5 1.7 0.4 2.1 Foreign 48.1 (2.2 ) 45.9 38.2 (13.5 ) 24.7 43.9 (11.5 ) 32.4 Total $ 61.7 $ 15.7 $ 77.4 $ 48.1 $ 6.1 $ 54.2 $ 50.2 $ 91.7 $ 141.9 Reconciliation to U.S. Statutory Rate Year Ended December 31, 2019 2018 2017 Statutory U.S. federal income tax rate (1) $ 69.3 21.0 % $ 56.2 21.0 % $ 66.4 35.0 % Earnings generated in jurisdictions where the statutory rate is different from the U.S. Federal rate (16.3 ) (4.9 ) (26.8 ) (10.0 ) (80.3 ) (42.4 ) Changes in valuation allowances 18.8 5.7 (37.5 ) (14.0 ) 45.3 23.9 Foreign exchange gain (loss), net (2.8 ) (0.8 ) 26.7 10.0 6.4 3.4 Unrecognized tax benefits 11.2 3.4 18.9 7.1 3.1 1.6 Foreign taxes 21.4 6.5 6.7 2.5 4.1 2.2 Non-deductible interest 0.3 0.1 4.8 1.8 9.8 5.2 Non-deductible expenses 3.8 1.2 3.8 1.4 4.6 2.4 Tax credits (3.9 ) (1.2 ) (6.6 ) (2.4 ) (4.2 ) (2.2 ) Excess tax benefits relating to stock-based compensation (11.4 ) (3.5 ) (6.6 ) (2.4 ) (13.1 ) (6.9 ) U.S. tax reform (2) — — (12.5 ) (4.7 ) 107.8 56.8 Base erosion and anti-abuse tax 4.3 1.3 2.7 1.0 — — Venezuela deconsolidation and impairment — — — — (2.0 ) (1.0 ) U.S. state and local taxes, net 6.6 2.0 1.8 0.7 1.3 0.7 Other - net (3) (23.9 ) (7.3 ) 22.6 8.3 (7.3 ) (4.0 ) Total income tax provision / effective tax rate $ 77.4 23.5 % $ 54.2 20.3 % $ 141.9 74.7 % (1) The U.S. statutory rate has been used as management believes it is more meaningful to the Company. (2) Tax effect of the U.S. TCJA recorded under SAB 118. (3) In 2019, the Company recorded a tax benefit of $24.9 million in Luxembourg related to a local statutory impairment, which is fully offset by a tax expense of $24.9 million for the increase to the valuation allowance. Deferred Tax Balances Year Ended December 31, 2019 2018 Deferred tax asset Tax loss, credit and interest carryforwards $ 245.3 $ 238.5 Compensation and employee benefits 80.8 80.1 Accruals and other reserves 17.2 25.5 Research and development capitalization 6.5 7.7 Equity investment and other securities 28.3 20.1 Finance leases 19.1 — Other 3.7 3.0 Total deferred tax assets 400.9 374.9 Less: valuation allowance (178.3 ) (159.0 ) Total deferred tax assets, net of valuation allowance 222.6 215.9 Deferred tax liabilities Goodwill and intangibles (20.8 ) (17.4 ) Property, plant and equipment (147.7 ) (144.7 ) Unremitted earnings (6.0 ) (7.4 ) Long-term debt (1.3 ) (2.4 ) Total deferred tax liabilities (175.8 ) (171.9 ) Net deferred tax asset $ 46.8 $ 44.0 Non-current assets $ 162.3 $ 184.8 Non-current liability (115.5 ) (140.8 ) Net deferred tax asset $ 46.8 $ 44.0 Tax loss, tax credit and interest carryforwards Year Ended December 31, 2019 2018 Tax loss carryforwards (tax effected) (1) Expire within 10 years $ 75.9 $ 53.3 Expire after 10 years or indefinite carryforward 106.7 121.6 Tax credit carryforwards Expire within 10 years 1.9 17.3 Expire after 10 years or indefinite carryforward 24.4 20.9 Interest carryforwards (1) Expire within 10 years 1.2 2.2 Expire after 10 years or indefinite carryforward 35.2 23.2 Total tax loss, tax credit and interest carryforwards $ 245.3 $ 238.5 (1) Net of unrecognized tax benefits Utilization of our tax loss, tax credit and interest carryforwards may be subject to annual limitations due to the ownership change limitations provided by the Internal Revenue Code and similar state and foreign provisions. Such annual limitations could result in the expiration of the tax loss, tax credit and interest carryforwards before their utilization. Valuation allowance Year Ended December 31, 2019 2018 Non-U.S. $ 175.8 $ 133.8 U.S. 2.5 25.2 Total valuation allowance $ 178.3 $ 159.0 Valuation allowances relate primarily to the tax loss and tax credit carryforwards, as well as equity investment in foreign jurisdictions, where the Company does not believe the associated net deferred tax assets will be realized, due to expiration, limitation or insufficient future taxable income. The non-U.S. valuation allowance primarily relates to tax loss carryforwards from operations in Luxembourg and Netherlands, of $151.5 million and $113.6 million at December 31, 2019 and 2018 , respectively. The U.S. valuation allowance relates to state net deferred tax assets. Total Gross Unrecognized Tax Benefits Year Ended December 31, 2019 2018 2017 Total gross unrecognized tax benefits at January 1 $ 37.0 $ 17.2 $ 12.3 Increases related to positions taken on items from prior years 3.9 3.4 1.9 Decreases related to positions taken on items from prior years (1.0 ) (1.8 ) — Increases related to positions taken in the current year 5.5 18.2 3.0 Settlement of uncertain tax positions with tax authorities (0.1 ) — — Total gross unrecognized tax benefits at December 31 45.3 37.0 17.2 Total accrual for interest and penalties associated with unrecognized tax benefits (1) 5.0 3.1 1.2 Total gross unrecognized tax benefits at December 31, including interest and penalties $ 50.3 $ 40.1 $ 18.4 Total unrecognized tax benefits that, if recognized, would impact the effective tax rate $ 31.7 $ 25.2 $ 9.7 Interest and penalties included as components of the Provision (benefit) for income taxes $ 1.9 $ 1.9 $ 0.1 (1) Accrued interest and penalties are included within the related tax liability line in the balance sheet. The Company is subject to income tax in approximately 46 jurisdictions outside the U.S. The Company’s significant operations outside the U.S. are located in Belgium, Brazil, China, Germany, Mexico and Switzerland. The statute of limitations varies by jurisdiction with 2009 being the oldest tax year still open in the material jurisdictions. Certain of our German subsidiaries are under tax examination for calendar years 2010 to 2017. The Company is also under audit in other jurisdictions outside of Germany for tax years under responsibility of the predecessor, as well as tax periods under the Company's ownership. Pursuant to the acquisition agreement, all tax liabilities related to tax years prior to 2013 will be indemnified by DuPont. The result of all open examinations may lead to ordinary course adjustments or proposed adjustments to our taxes or our net operating losses with respect to years under examination as well as subsequent periods that could be material. Due to the high degree of uncertainty regarding future timing of cash flows associated with these liabilities, we are unable to estimate the years in which settlement will occur with the respective taxing authorities.

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Common Share	NET INCOME PER COMMON SHARE Basic net income per common share excludes the dilutive impact of potentially dilutive securities and is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted net income per common share includes the effect of potential dilution from the hypothetical exercise of outstanding stock options and vesting of restricted shares and performance shares. A reconciliation of our basic and diluted net income per common share is as follows: Year Ended December 31, (In millions, except per share data) 2019 2018 2017 Net income to common shareholders $ 249.0 $ 207.1 $ 36.7 Basic weighted average shares outstanding 233.9 239.0 240.4 Diluted weighted average shares outstanding 235.8 242.9 246.1 Net income per common share: Basic net income per share $ 1.06 $ 0.87 $ 0.15 Diluted net income per share $ 1.06 $ 0.85 $ 0.15 The number of anti-dilutive shares that have been excluded in the computation of diluted net income per share for the years ended December 31, 2019 , 2018 and 2017 were 2.6 million , 2.6 million and 1.8 million

Accounts and Notes Receivable,

Accounts and Notes Receivable, Net	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Accounts and Notes Receivable, Net	ACCOUNTS AND NOTES RECEIVABLE, NET Year Ended December 31, 2019 2018 Accounts receivable—trade, net (1) $ 718.4 $ 739.9 Notes receivable 24.7 36.1 Other 87.0 84.8 Total $ 830.1 $ 860.8 (1) Allowance for doubtful accounts was $16.0 million and $15.4 million at December 31, 2019 and 2018 , respectively. Bad debt expense of $5.5 million , $2.3 million and $3.5 million was included within selling, general and administrative expenses for the years ended December 31, 2019 , 2018 and 2017 , respectively.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2019
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Year Ended December 31, 2019 2018 Finished products $ 327.4 $ 334.0 Semi-finished products 109.9 108.0 Raw materials 133.7 149.9 Stores and supplies 20.6 21.1 Total $ 591.6 $ 613.0

Net Property, Plant and Equipme

Net Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	PROPERTY, PLANT AND EQUIPMENT, NET Year Ended December 31, Useful Lives (years) 2019 2018 Land $ 84.5 $ 85.7 Buildings and improvements 5 - 25 541.6 522.4 Machinery and equipment 5 - 25 1,324.1 1,333.2 Software 5 - 7 128.3 159.5 Other 3 - 20 71.5 45.7 Construction in progress 81.9 72.3 Total 2,231.9 2,218.8 Accumulated depreciation (1,008.9 ) (920.6 ) Property, plant and equipment, net $ 1,223.0 $ 1,298.2 Depreciation amounted to $169.9 million , $183.4 million and $176.6 million for the years ended December 31, 2019 , 2018 and 2017 , respectively. We capitalized interest of $2.0 million , $4.0 million and $3.7 million for the years ended December 31, 2019 , 2018 and 2017 , respectively.

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	OTHER ASSETS Year Ended December 31, 2019 2018 Available for sale securities $ 1.6 $ 1.7 Deferred income taxes—non-current 162.3 184.8 Business incentive payment assets 191.2 190.8 Operating lease ROU assets (1) 95.6 — Other assets (2) 138.1 111.8 Total $ 588.8 $ 489.1 (1) As a result of adopting ASU 2016-02, operating lease ROU assets were recognized beginning January 1, 2019. See Note 7 for further information on the adoption of ASU 2016-02. (2) Includes other upfront incentives made in conjunction with long-term customer commitments of $71.0 million and 49.8 million at December 31, 2019 and 2018 , respectively, which will be repaid in future periods.

Accounts Payable and Other Accr

Accounts Payable and Other Accrued Liabilities Accounts Payable and Accrued Liabilities (Notes)	12 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	(17) ACCOUNTS PAYABLE AND OTHER ACCRUED LIABILITIES Year Ended December 31, 2019 2018 Accounts Payable Trade payables $ 442.0 $ 477.8 Non-income taxes 20.5 21.4 Other 21.2 23.6 Total $ 483.7 $ 522.8 Other Accrued Liabilities Compensation and other employee-related costs $ 188.2 $ 163.2 Restructuring—current 76.5 60.3 Discounts, rebates, and warranties 148.2 157.8 Operating lease liabilities (1) 29.3 — Income taxes payable 16.4 15.2 Other 86.7 79.1 Total $ 545.3 $ 475.6 (1) As a result of adopting ASU 2016-02, operating lease liabilities were recognized beginning January 1, 2019. See Note 7 for further information on the adoption of ASU 2016-02.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Borrowings	BORROWINGS Borrowings are summarized as follows: Year Ended December 31, 2019 2018 2024 Dollar Term Loans $ 2,387.5 $ 2,411.8 2024 Dollar Senior Notes 500.0 500.0 2024 Euro Senior Notes 375.2 383.3 2025 Euro Senior Notes 504.0 514.9 Short-term and other borrowings 109.0 103.8 Unamortized original issue discount (10.5 ) (12.6 ) Unamortized deferred financing costs (31.1 ) (37.2 ) Total borrowings 3,834.1 3,864.0 Less: Short-term borrowings 19.6 17.9 Current portion of long-term borrowings 24.3 24.3 Long-term debt $ 3,790.2 $ 3,821.8 Senior Secured Credit Facilities, as amended On December 15, 2016, Axalta Coating Systems Dutch Holdings B B.V. ("Dutch B B.V.") and its indirect 100% owned subsidiary, Axalta Coating Systems U.S. Holdings, Inc. ("Axalta US Holdings") executed the fourth amendment (the "Fourth Amendment") to the credit agreement (the “Credit Agreement”) governing our Senior Secured Credit Facilities. The Fourth Amendment (i) converted all of the outstanding U.S. Dollar term loans ( $1,775.3 million ) into a new tranche of term loans issued at par with principal of $1,545.0 million (the "2023 Dollar Term Loans"), (ii) converted all of the outstanding Euro term loans ( €199.0 million ) into a new tranche of term loans issued at par with principal of €400.0 million (the "2023 Euro Term Loans" and, together with the 2023 Dollar Term Loans, the "2023 Term Loans"). On June 1, 2017, Dutch B B.V. and Axalta US Holdings executed the fifth amendment to the Credit Agreement (the "Fifth Amendment"). The Fifth Amendment converted all of the outstanding 2023 Dollar Term Loans ( $1,541.1 million ) into a new upsized tranche of term loans with principal of $2,000.0 million (the "2024 Dollar Term Loans"). The 2024 Dollar Term Loans were issued at 99.875% of par, or a $2.5 million discount. On April 11, 2018, Dutch B B.V. and Axalta US Holdings executed the sixth amendment to the Credit Agreement (the "Sixth Amendment"). The Sixth Amendment repriced the 2024 Dollar Term Loans and increased the aggregate principal balance by $475.0 million to $2,430.0 million . The increased principal balance of the 2024 Dollar Term Loans under the Sixth Amendment was issued at 99.75% of par or a $6.0 million discount. Proceeds from the Sixth Amendment, along with cash on the balance sheet, were used to extinguish the existing 2023 Euro Term Loans. The 2024 Dollar Term Loans together with the Revolving Credit Facility, as defined herein, are referred to as the "Senior Secured Credit Facilities." On October 31, 2018, Dutch B B.V. and Axalta US Holdings, the Company, and certain other subsidiaries of the Company as guarantors entered into the seventh amendment to the Credit Agreement (the "Seventh Amendment"). The Seventh Amendment amended the Credit Agreement to, among other things, (i) allow for the Company and certain wholly owned subsidiaries of the Company to be added as guarantors under the Credit Agreement, (ii) provide that (A) the covenants in the Credit Agreement generally apply to the Company and its restricted subsidiaries and (B) upon election at any time thereafter, a successor holdings guarantor may be designated and, upon the effectiveness of the guarantee of such successor parent guarantor, the covenants in the Credit Agreement will generally apply to such successor holdings guarantor and its restricted subsidiaries, (iii) otherwise amend the Credit Agreement in order to effect certain corporate transactions as part of a potential internal reorganization of certain of the Company's subsidiaries and certain potential future reorganizations involving the Company and (iv) update guarantee limitations for certain of the guarantors. Interest was and is payable quarterly on both the 2023 Term Loans and the 2024 Dollar Term Loans. The 2024 Dollar Term Loans are subject to a floor of zero plus an applicable rate of 1.75% per annum for Eurocurrency Rate Loans as defined in the Credit Agreement and 0.75% per annum for Base Rate Loans as defined in the Credit Agreement. Prior to the Sixth Amendment, interest on the 2024 Dollar Term Loans was subject to a floor of zero , plus an applicable rate. The applicable rate for such 2024 Dollar Term Loans was 2.00% per annum for Eurocurrency Rate Loans as defined in the Credit Agreement and 1.00% per annum for Base Rate Loans as defined in the Credit Agreement. Any indebtedness under the Senior Secured Credit Facilities may be voluntarily prepaid in whole or in part, in minimum amounts, subject to the provisions set forth in the Credit Agreement. Such indebtedness is subject to mandatory prepayments amounting to the proceeds of asset sales over $75.0 million annually, proceeds from certain debt issuances not otherwise permitted under the Credit Agreement and 50% (subject to a step-down to 25.0% or 0% if the First Lien Leverage Ratio falls below 4.25 :1.00 or 3.50 :1.00, respectively) of Excess Cash Flow. The Senior Secured Credit Facilities are secured by substantially all assets of the Company and the other guarantors. The 2024 Dollar Term Loans mature on June 1, 2024. Principal is paid quarterly based on 1% per annum of the original principal amount outstanding on the most recent amendment date with the unpaid balance due at maturity. We are subject to customary negative covenants in addition to the First Lien Leverage Ratio financial covenant for purposes of determining any Excess Cash Flow mandatory payment. Further, the Senior Secured Credit Facilities, among other things, include customary restrictions (subject to certain exceptions) on the Company's ability to incur certain indebtedness, grant certain liens, make certain investments, declare or pay certain dividends, or repurchase shares of the Company's common stock. As of December 31, 2019 , the Company is in compliance with all covenants under the Senior Secured Credit Facilities. Revolving Credit Facility On June 28, 2019, (the "Eighth Amendment Effective Date"), Dutch B B.V. and Axalta US Holdings executed the eighth amendment to the Credit Agreement (the "Eighth Amendment") which impacted the Revolving Credit Facility by (i) extending the maturity date to the earlier of March 2, 2024, the date of termination in whole of the Revolving Credit Facility, or the date that is 91 days prior to the maturity of the term loans borrowed under the Credit Agreement, and (ii) reducing the applicable interest margins on any outstanding borrowings. Under the Eighth Amendment, interest on any outstanding borrowings under the Revolving Credit Facility is subject to an interest margin of 1.50% for loans based on the Adjusted Eurocurrency Rate and 0.50% for loans based on the Base Rate with, in each case, a 0.25% increase when its First Lien Net Leverage Ratio is greater than or equal to 1.25 :1.00 but less than or equal to 2.25 :1.00 and another 0.25% increase when its First Lien Net Leverage Ratio is greater than 2.25 :1.00. At December 31, 2019 , the financial covenant is not applicable as there were no borrowings. Prior to the Eighth Amendment, interest on any outstanding borrowings under the Revolving Credit Facility was subject to a floor of zero for Adjusted Eurocurrency Rate Loans plus an applicable rate of 2.75% (previously 3.50% ) subject to an additional step-down to 2.50% or 2.25% , if the First Lien Net Leverage Ratio falls below 3.00 :1.00 or 2.50 :1.00, respectively. For Base Rate Loans, the interest was subject to a floor of the greater of the federal funds rate plus 0.50% , the Prime Lending Rate or an Adjusted Eurocurrency Rate plus 1% , plus an applicable rate of 1.75% (previously 2.50% ), subject to an additional step-down to 1.50% or 1.25% , if the First Lien Net Leverage Ratio were to fall below 3.00 :1.00 and 2.50 :1.00, respectively. On August 1, 2016, Dutch B B.V. and Axalta US Holdings executed the third amendment to the Credit Agreement (the "Third Amendment"). The Third Amendment impacted the revolving credit facility under the Senior Secured Credit Facilities (the "Revolving Credit Facility") by (i) decreasing the applicable interest margins and (ii) amending the financial covenant applicable to the Revolving Credit Facility to be applicable only when greater than 30% (previously 25% ) of the Revolving Credit Facility (including letters of credit not cash collateralized to at least 103% ) is outstanding at the end of the fiscal quarter. If such conditions are met, the First Lien Net Leverage Ratio (as defined by the Credit Agreement) at the end of the quarter is required to be greater than 5.50 :1.00. Under circumstances described in the Credit Agreement, we may increase available revolving or term facility borrowings by up to $700.0 million plus an additional amount subject to the Company not exceeding a maximum first lien leverage ratio described in the Credit Agreement. There have been no borrowings on the Revolving Credit Facility since the issuance of the Senior Secured Credit Facilities. At December 31, 2019 and December 31, 2018 , letters of credit issued under the Revolving Credit Facility totaled $38.8 million and $44.8 million , respectively, which reduced the availability under the Revolving Credit Facility. Availability under the Revolving Credit Facility was $361.2 million and $355.2 million at December 31, 2019 and December 31, 2018 , respectively. Significant Transactions In January 2020, we voluntarily prepaid $300.0 million of the outstanding 2024 Dollar Term Loans. See Note 24 for further detail. During the year ended December 31, 2019, in connection with the Eighth Amendment discussed above, we recorded $1.8 million of incremental deferred financing costs directly associated with the modification of the Revolving Credit Facility. During the year ended December 31, 2018, in connection with the Sixth Amendment discussed above, we recorded a loss on extinguishment and other financing-related costs of $8.4 million , of which $2.9 million related to the 2023 Euro Term Loan and $5.5 million related to the 2024 Dollar Term Loans. The loss was comprised of the write off of unamortized deferred financing costs and original issue discounts of $3.1 million and $0.7 million , respectively, and other fees directly associated with the Sixth Amendment of $4.6 million . In addition, in connection with the Seventh Amendment discussed above, we recorded a loss of $0.7 million . During the year ended December 31, 2017, in connection with the Fifth Amendment discussed above, we recorded a loss on extinguishment of $13.0 million . In addition, we voluntarily prepaid $30.0 million in principal of the outstanding 2024 Dollar Term Loans, resulting in a loss of $0.4 million , consisting of the write-off of unamortized deferred financing costs and original issue discounts. Significant Terms of the Senior Notes On August 16, 2016, Axalta Coating Systems, LLC ("U.S. Issuer"), issued $500.0 million in aggregate principal amount of 4.875% senior unsecured notes (the “2024 Dollar Senior Notes”) and €335.0 million in aggregate principal amount of 4.250% senior unsecured notes (the “2024 Euro Senior Notes”), each due August 2024 (collectively, the “2024 Senior Notes”). On September 27, 2016, Dutch B B.V. ("the Dutch Issuer" and together with the U.S. Issuer, "the Issuers"), issued €450.0 million in aggregate principal amount of 3.750% Euro Senior Unsecured Notes due January 2025 (the “2025 Euro Senior Notes” and together with the 2024 Senior Notes, "the Senior Notes"). The indentures governing the Senior Notes contain covenants that restrict the ability of the Issuers and their subsidiaries to, among other things, incur additional debt, make certain payments including payment of dividends or repurchase equity interest of the Issuers, make loans or acquisitions or capital contributions and certain investments, incur certain liens, sell assets, merge or consolidate or liquidate other entities, and enter into transactions with affiliates. On October 26, 2018, the U.S. Issuer and the party thereto entered into a seventh supplemental indenture (the “2024 Seventh Supplemental Indenture”) to the 2024 Senior Notes. In addition, on October 26, 2018, the Dutch Issuer and the new guarantors party thereto entered into a seventh supplemental indenture (the “2025 Seventh Supplemental Indenture” and, together with the 2024 Seventh Supplemental Indenture, the “October 2018 Supplemental Indentures”) to the 2025 Euro Senior Notes. The October 2018 Supplemental Indentures permit the Company and its subsidiaries to effect certain corporate transactions as part of a potential internal reorganization of certain of the Company's subsidiaries (the "Proposed Restructuring") and certain potential future reorganizations involving the Company. Each of the October 2018 Supplemental Indentures amended the applicable indenture in order to, among other things, (i) add the Company and certain wholly owned subsidiaries of the Company as guarantors of the applicable New Senior Notes, (ii) provide that (A) the covenants of the applicable Indenture generally apply to the Company and its restricted subsidiaries and (B) upon an election by the relevant Issuer at any time thereafter, a successor parent guarantor may be designated and, upon the effectiveness of the guarantee of such successor parent guarantor, the covenants of the applicable Indenture will generally apply to such successor parent guarantor and its restricted subsidiaries, (iii) otherwise amend the applicable Indenture in order to effect the Proposed Restructuring (as defined below) and (iv) update guarantee limitations for certain of the guarantors. In connection with the October 2018 Supplemental Indentures above, the Company became the parent guarantor of the Senior Notes. Additionally, we recorded a loss of $0.4 million comprised of fees directly associated with the indentures. No deferred financing costs or original issue discounts were written off as a result of the October 2018 Supplemental Indentures. (i) 2024 Dollar Senior Notes The 2024 Dollar Senior Notes were issued at 99.951% of par, or $2.0 million discount, and are due August 15, 2024. The 2024 Dollar Senior Notes bear interest at 4.875% which is payable semi-annually on February 15 th and August 15 th . We have the option to redeem all or part of the 2024 Dollar Senior Notes at the following redemption prices (expressed as percentages of principal amount) on or after August 15 th of the years indicated: Period 2024 Dollar Senior Notes Percentage 2019 103.656 % 2020 102.438 % 2021 101.219 % 2022 and thereafter 100.000 % Upon the occurrence of certain events constituting a change of control, holders of the 2024 Dollar Senior Notes have the right to require us to repurchase all or any part of the 2024 Dollar Senior Notes at a purchase price equal to 101% of the principal amount plus accrued and unpaid interest, if any, to the repurchase date. The 2024 Dollar Senior Notes, subject to local law limitations, are jointly and severally guaranteed on a senior unsecured basis by the Company and each of its existing and future direct and indirect subsidiaries that is a borrower under or that guarantees the Senior Secured Credit Facilities. Under certain circumstances, the guarantors may be released from their guarantees without the consent of the holders of the applicable series of notes. The indebtedness issued through the 2024 Dollar Senior Notes is senior unsecured indebtedness of the U.S. Issuer, is senior in right of payment to all future subordinated indebtedness of the U.S. Issuer and guarantors and is equal in right of payment to all existing and future senior indebtedness of the U.S. Issuer and guarantors. The 2024 Dollar Senior Notes are effectively subordinated to any secured indebtedness of the U.S. Issuer and guarantors (including indebtedness outstanding under the Senior Secured Credit Facilities) to the extent of the value of the assets securing such indebtedness. (ii) 2024 Euro Senior Notes The 2024 Euro Senior Notes were issued at par and are due August 15, 2024. The 2024 Euro Senior Notes bear interest at 4.250% which is payable semi-annually on February 15 th and August 15 th . We have the option to redeem all or part of the 2024 Euro Senior Notes at the following redemption prices (expressed as percentages of principal amount) on or after August 15 th of the years indicated: Period 2024 Euro Senior Notes Percentage 2019 103.188 % 2020 102.125 % 2021 101.063 % 2022 and thereafter 100.000 % Upon the occurrence of certain events constituting a change of control, holders of the 2024 Euro Senior Notes have the right to require us to repurchase all or any part of the 2024 Euro Senior Notes at a purchase price equal to 101% of the principal amount plus accrued and unpaid interest, if any, to the repurchase date. The 2024 Euro Senior Notes, subject to local law limitations, are jointly and severally guaranteed on a senior unsecured basis by the Company and each of its existing and future direct and indirect subsidiaries that is a borrower under or that guarantees the Senior Secured Credit Facilities. Under certain circumstances, the guarantors may be released from their guarantees without the consent of the holders of the applicable series of notes. The indebtedness issued through the 2024 Euro Senior Notes is senior unsecured indebtedness of the U.S. Issuer, is senior in right of payment to all future subordinated indebtedness of the U.S. Issuer and guarantors and is equal in right of payment to all existing and future senior indebtedness of the U.S. Issuer and guarantors. The 2024 Euro Senior Notes are effectively subordinated to any secured indebtedness of the U.S. Issuer and guarantors (including indebtedness outstanding under the Senior Secured Credit Facilities) to the extent of the value of the assets securing such indebtedness. (iii) 2025 Euro Senior Notes The 2025 Euro Senior Notes were issued at par and are due January 15, 2025. The 2025 Euro Senior Notes bear interest at 3.750% which is payable semi-annually on January 15 th and July 15 th . We have the option to redeem all or part of the 2025 Euro Senior Notes at the following redemption prices (expressed as percentages of principal amount) on or after January 15 th of the years indicated: Period 2025 Euro Senior Notes Percentage 2020 102.813 % 2021 101.875 % 2022 100.938 % 2023 and thereafter 100.000 % Notwithstanding the foregoing, at any time and from time to time prior to January 15, 2020, we may at our option redeem in the aggregate up to 40% of the original aggregate principal amount of the 2025 Euro Senior Notes with the net cash proceeds of one or more Equity Offerings (as defined in the indenture governing the 2025 Euro Senior Notes) at a redemption price of 103.750% plus accrued and unpaid interest, if any, to the redemption date. At least 50% of the original aggregate principal of the notes must remain outstanding after each such redemption. We have not exercised this option. Upon the occurrence of certain events constituting a change of control, holders of the 2025 Euro Senior Notes have the right to require us to repurchase all or any part of the 2025 Euro Senior Notes at a purchase price equal to 101% of the principal amount plus accrued and unpaid interest, if any, to the repurchase date. The 2025 Euro Senior Notes, subject to local law limitations, are jointly and severally guaranteed on a senior unsecured basis by the Company and each of its existing and future direct and indirect subsidiaries that is a borrower under or that guarantees the Senior Secured Credit Facilities (other than the Dutch Issuer). Under certain circumstances, the guarantors may be released from their guarantees without the consent of the holders of the applicable series of notes. The indebtedness issued through the 2025 Euro Senior Notes is senior unsecured indebtedness of the Dutch Issuer, is senior in right of payment to all future subordinated indebtedness of the Dutch Issuer and guarantors and is equal in right of payment to all existing and future senior indebtedness of the Dutch Issuer and guarantors. The 2025 Euro Senior Notes are effectively subordinated to any secured indebtedness of the Dutch Issuer and guarantors (including indebtedness outstanding under the Senior Secured Credit Facilities) to the extent of the value of the assets securing such indebtedness. Future repayments Below is a schedule of required future repayments of all borrowings outstanding at December 31, 2019 . 2020 $ 43.9 2021 26.7 2022 54.2 2023 27.1 2024 3,168.5 Thereafter 555.3 Total $ 3,875.7

Financial Instruments, Hedging

Financial Instruments, Hedging Activities and Fair Value Measurements	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Derivatives and Fair Value [Text Block]	FINANCIAL INSTRUMENTS, HEDGING ACTIVITIES AND FAIR VALUE MEASUREMENTS Fair value of financial instruments Equity securities with readily determinable fair values - Balances of equity securities are recorded within other assets, with any changes in fair value recorded within other (income) expense, net. The fair values of equity securities are based upon quoted market prices, which are considered Level 1 inputs. Long-term borrowings - The estimated fair values of these borrowings are based on recent trades, as reported by a third-party pricing service. Due to the infrequency of trades, these inputs are considered to be Level 2 inputs. Derivative instruments - The Company’s interest rate caps, interest rate swaps and cross-currency swaps are valued using broker quotations, or market transactions in either the listed or over-the-counter markets. As such, these derivative instruments are included in the Level 2 hierarchy. The table below presents the fair values of our financial instruments measured on a recurring basis by level within the fair value hierarchy at December 31, 2019 and December 31, 2018 . December 31, 2019 December 31, 2018 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Prepaid expenses and other current assets: Interest rate caps (1) $ — $ — $ — $ — $ — $ 4.5 $ — $ 4.5 Cross-currency swaps (2) — 14.4 — 14.4 — 14.1 — 14.1 Other assets: Interest rate caps (1) — — — — — 1.4 — 1.4 Cross-currency swaps (2) — 8.0 — 8.0 — — — — Investments in equity securities 0.6 — — 0.6 0.7 — — 0.7 Liabilities Other accrued liabilities: Interest rate caps (1) — 1.3 — 1.3 — — — — Interest rate swaps (1) — 8.9 — 8.9 — — — — Other liabilities: Interest rate caps (1) — 1.2 — 1.2 — — — — Interest rate swaps (1) — 20.5 — 20.5 — 2.9 — 2.9 Cross-currency swaps (2) — — — — — 8.8 — 8.8 Long-term borrowings: 2024 Dollar Senior Notes — 520.2 — 520.2 — 474.9 — 474.9 2024 Euro Senior Notes — 388.2 — 388.2 — 381.1 — 381.1 2025 Euro Senior Notes — 520.7 — 520.7 — 497.5 — 497.5 2024 Dollar Term Loans — 2,396.5 — 2,396.5 — 2,276.1 — 2,276.1 (1) Cash flow hedge (2) Net investment hedge Derivative Financial Instruments We selectively use derivative instruments to reduce market risk associated with changes in foreign currency exchange rates and interest rates. The use of derivatives is intended for hedging purposes only, and we do not enter into derivative instruments for speculative purposes. A description of each type of derivative used to manage risk is included in the following paragraphs. Derivative Instruments Qualifying and Designated as Cash Flow and Net Investment Hedges Interest Rate Caps Designated as Cash Flow Hedges During the year ended December 31, 2017, we entered into four 1.5% interest rate caps with aggregate notional amounts totaling $850.0 million to hedge the variable interest rate exposures on our 2024 Dollar Term Loans. Three of these interest rate caps, comprising $600.0 million of the notional value, expired December 31, 2019 and had a deferred premium of $8.6 million at inception. The fourth interest rate cap, comprising the remaining $250.0 million of the notional value, expires December 31, 2021 and had a deferred premium of $8.1 million at inception. All deferred premiums are paid quarterly over the term of the respective interest rate caps. These interest rate caps are marked to market at each reporting date and any unrealized gains or losses are included in accumulated other comprehensive loss ("AOCI") and reclassified to interest expense in the same period or periods during which the hedged transactions affect earnings. Interest Rate Swaps Designated as Cash Flow Hedges During the three months ended June 30, 2018, we entered into three interest rate swaps with aggregate notional amounts totaling $475.0 million to hedge interest rate exposures related to variable rate borrowings under the 2024 Dollar Term Loans. Under the terms of the interest rate swap agreements, the Company is required to pay the counter-parties a stream of fixed interest payments at a rate of 2.72% and in turn, receives variable interest payments based on 3-month LIBOR from the counter-parties. The interest rate swaps are designated as cash flow hedges and expire on March 31, 2023. These interest rate swaps are marked to market at each reporting date and any unrealized gains or losses are included in AOCI and reclassified to interest expense in the same period or periods during which the hedged transactions affect earnings. During the three months ended March 31, 2019, we entered into two interest rate swaps with aggregate notional amounts totaling $500.0 million , effective December 31, 2019, to hedge interest rate exposure associated with the 2024 Dollar Term Loans. Under the terms of the interest rate swap agreements, the Company is required to pay the counter-parties a stream of fixed interest payments at a rate of 2.59% and in turn, receives variable interest payments based on 3-month LIBOR from the counter-parties. The interest rate swaps are designated as cash flow hedges and expire on December 31, 2022. These interest rate swaps are marked to market at each reporting date and any unrealized gains or losses are included in AOCI and reclassified to interest expense in the same period or periods during which the hedged transactions affect earnings. In January 2020, we executed an interest rate swap to hedge $200.0 million of notional on our variable 2024 Dollar Term Loan. See Note 24 for further detail. Cross-Currency Swaps Designated as Net Investment Hedges During the three months ended June 30, 2018, we entered into three fixed-for-fixed cross-currency swaps with aggregate notional amounts totaling $475.0 million to hedge the variability of exchange rate impacts between the U.S. Dollar and Euro. Under the terms of the cross-currency swap agreements, the Company has notionally exchanged $475.0 million at a weighted average interest rate of 4.47% for €387.2 million at a weighted average interest rate of 1.95% . The cross-currency swaps are designated as net investment hedges and expire on March 31, 2023. These cross-currency swaps are marked to market at each reporting date and any unrealized gains or losses are included in unrealized currency translation adjustments, within AOCI. During the three months ended December 31, 2018, we settled three fixed-for-fixed cross-currency swaps previously executed in 2018 resulting in cash proceeds of $22.5 million . Concurrently, we notionally exchanged $475.0 million at a weighted average interest rate of 4.47% for €416.6 million at a weighted average interest rate of 1.44% . The cross-currency swaps are designated as net investment hedges and expire on March 31, 2023. These cross-currency swaps are marked to market at each reporting date and any unrealized gains or losses are included in unrealized currency translation adjustments, within AOCI. The following table presents the fair values of derivative instruments that qualify and have been designated as cash flow and net investment hedges included in AOCI: December 31, 2019 2018 AOCI: Interest rate caps (cash flow hedges) $ 3.5 $ (3.4 ) Interest rate swaps (cash flow hedges) 29.4 3.0 Cross-currency swaps (net investment hedges) (22.4 ) (27.7 ) Total $ 10.5 $ (28.1 ) Gains and losses on the derivative representing hedge components excluded from the assessment of effectiveness are recognized over the life of the hedge on a systematic and rational basis. The following tables set forth the locations and amounts recognized during the year ended December 31, 2019 , 2018 and 2017 for these cash flow and net investment hedges. Year Ended December 31, 2019 2018 2017 Derivatives in Cash Flow and Net Investment Hedges Location of (Gain) Loss Recognized in Income on Derivatives Net Amount of (Gain) Loss Recognized in OCI on Derivatives Amount of (Gain) Loss Recognized in Income Net Amount of (Gain) Loss Recognized in OCI on Derivatives Amount of (Gain) Loss Recognized in Income Net Amount of (Gain) Loss Recognized in OCI on Derivatives Amount of (Gain) Loss Recognized in Income Interest rate caps Interest expense, net $ 6.2 $ (0.7 ) $ (7.3 ) $ (1.9 ) $ 1.8 $ (2.7 ) Interest rate swaps Interest expense, net 27.7 1.3 4.3 1.3 — — Cross-currency swaps Interest expense, net (31.9 ) (14.7 ) (37.1 ) (9.4 ) — — Over the next 12 months, we expect losses of $10.6 million pertaining to cash flow hedges to be reclassified from AOCI into earnings, related to our interest rate caps and interest rate swaps. Derivative Instruments Not Designated as Cash Flow Hedges We periodically enter into foreign currency forward and option contracts to reduce market risk and hedge our balance sheet exposures and cash flows for subsidiaries with exposures denominated in currencies different from the functional currency of the relevant subsidiary. These contracts have not been designated as hedges and all gains and losses are marked to market through other (income) expense, net in the consolidated statement of operations. During the year ended December 31, 2017, we purchased a 1.25% interest rate cap with a notional amount of €388.0 million to hedge the variable interest rate exposures on our 2023 Euro Term Loans. We paid a premium equal to $0.6 million for the interest rate cap which was effective through December 31, 2019. Changes in the fair value of the derivative instrument are recorded in current period earnings and are included in interest expense. Fair value gains and losses of derivative contracts, as determined using Level 2 inputs, that have not been designated for hedge accounting treatment are recorded in earnings as follows: Derivatives Not Designated as Hedging Instruments under ASC 815 Location of (Gain) Loss Recognized in Income on Derivatives Year Ended December 31, 2019 2018 2017 Foreign currency forward contracts Other (income) expense, net $ 2.8 $ (7.9 ) $ 11.2 Interest rate cap Interest expense, net — — 0.6 Total $ 2.8 $ (7.9 ) $ 11.8

Segments

Segments	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Segments	SEGMENTS The Company identifies an operating segment as a component: (i) that engages in business activities from which it may earn revenues and incur expenses; (ii) whose operating results are regularly reviewed by the Chief Operating Decision Maker ("CODM") to make decisions about resources to be allocated to the segment and assess its performance; and (iii) that has available discrete financial information. We have two operating segments, which are also our reportable segments: Performance Coatings and Transportation Coatings. The CODM reviews financial information at the operating segment level to allocate resources and to assess the operating results and financial performance for each operating segment. Our CODM is identified as the Chief Executive Officer because he has final authority over performance assessment and resource allocation decisions. Our segments are based on the type and concentration of customers served, service requirements, methods of distribution and major product lines. Through our Performance Coatings segment, we provide high-quality liquid and powder coatings solutions to a fragmented and local customer base. We are one of only a few suppliers with the technology to provide precise color matching and highly durable coatings systems. The end-markets within this segment are refinish and industrial. Through our Transportation Coatings segment, we provide advanced coating technologies to OEMs of light and commercial vehicles. These increasingly global customers require a high level of technical support coupled with cost-effective, environmentally responsible coatings systems that can be applied with a high degree of precision, consistency and speed. The end-markets within this segment are light vehicle and commercial vehicle. During the year ended December 31, 2019 , Axalta transitioned to using Adjusted EBIT as the primary measure to evaluate financial performance of the operating segments and allocate resources. Asset information is not reviewed or included with our internal management reporting. Therefore, the Company has not disclosed asset information for each reportable segment. The following table presents relevant information of our reportable segments. Year Ended December 31, 2019 2018 (2) 2017 (2) Net sales (1) : Refinish $ 1,760.4 $ 1,759.6 $ 1,651.6 Industrial 1,163.0 1,273.5 1,031.7 Total Net sales Performance Coatings 2,923.4 3,033.1 2,683.3 Light Vehicle 1,208.4 1,307.2 1,337.1 Commercial Vehicle 350.4 355.7 356.6 Total Net sales Transportation Coatings 1,558.8 1,662.9 1,693.7 Total Net sales $ 4,482.2 $ 4,696.0 $ 4,377.0 Equity in earnings in unconsolidated affiliates: Performance Coatings $ 0.4 $ 0.4 $ 0.3 Transportation Coatings (0.1 ) (0.1 ) 0.7 Total $ 0.3 $ 0.3 $ 1.0 December 31, 2019 December 31, 2018 December 31, 2017 Investment in unconsolidated affiliates: Performance Coatings $ 2.4 $ 2.7 $ 2.9 Transportation Coatings 12.7 12.7 12.6 Total $ 15.1 $ 15.4 $ 15.5 (1) The Company has no intercompany sales between segments. (2) Net sales by segment for the years ended December 31, 2018 and 2017 were recast to include amounts previously classified as other revenue. See Note 1 for further information on the reclassification. The following table reconciles our segment operating performance to income before income taxes for the periods presented: Year Ended December 31, 2019 2018 2017 Segment Adjusted EBIT (1) : Performance Coatings $ 449.1 $ 399.5 $ 309.3 Transportation Coatings 137.4 134.9 190.8 Total (2) 586.5 534.4 500.1 Interest expense, net 162.6 159.6 147.0 Debt extinguishment and refinancing related costs (a) 0.2 9.5 13.4 Termination benefits and other employee related costs (b) 35.2 81.7 35.2 Strategic review and retention costs (c) 13.4 — — Offering and transactional costs (d) 1.0 1.0 26.1 Loss on divestiture, impairment and deconsolidation (e) 21.1 — 77.9 Pension special events (f) (0.9 ) — 1.2 Accelerated depreciation (g) 24.3 10.3 6.0 Indemnity (income) losses (h) (0.4 ) 4.3 (0.1 ) Change in fair value of equity investments (i) — 0.5 — Step-up inventory (j) — — 3.8 Income before income taxes $ 330.0 $ 267.5 $ 189.6 (1) The primary measure of segment operating performance is Adjusted EBIT, which is defined as net income before interest, taxes and select other items impacting operating results. These other items impacting operating results are items that management has concluded are (1) non-cash items included within net income, (2) items the Company does not believe are indicative of ongoing operating performance or (3) non-recurring, unusual or infrequent items that have not occurred within the last two years or we believe are not reasonably likely to recur within the next two years. Adjusted EBIT is a key metric that is used by management to evaluate business performance in comparison to budgets, forecasts and prior year financial results, providing a measure that management believes reflects the Company’s core operating performance, which represents Adjusted EBIT adjusted for the select items referred to above. (2) Does not represent Axalta’s Adjusted EBIT referenced elsewhere by the Company. (a) Represents expenses related to the restructuring and refinancing of our indebtedness, which are not considered indicative of our ongoing operating performance. (b) Represents expenses and associated changes to estimates related to employee termination benefits and other employee-related costs. Employee termination benefits are associated with Axalta Way initiatives. These amounts are not considered indicative of our ongoing operating performance. (c) Represents costs for legal, tax and other advisory fees pertaining to our previously announced comprehensive review of strategic alternatives, as well as retention awards for certain employees. These amounts are not considered indicative of our ongoing performance. (d) Represents acquisition and divestiture-related expenses, all of which are not considered indicative of our ongoing operating performance. (e) Represents the impacts recognized on the sale of our interest in a joint venture business, deconsolidation of a subsidiary, and the impairments of certain manufacturing facilities (see Note 5 for further information) which are not considered indicative of our ongoing operating performance. The amount for the year ended December 31, 2017 includes $7.6 million of impairments recorded to other (income) expense, net in the consolidated statements of operations. See Note 10 for further information. (f) Represents pension charges incurred from our manufacturing footprint assessments, which we do not consider indicative of our ongoing operating performance. (g) Represents incremental depreciation expense resulting from truncated useful lives of the assets impacted by our manufacturing footprint assessments, which we do not consider indicative of our ongoing operating performance. (h) Represents indemnity (income) losses associated with the acquisition by Axalta of the DuPont Performance Coatings business, which we do not consider indicative of our ongoing operating performance. (i) Represents mark to market impacts of our equity investments, which we do not consider to be indicative of our ongoing operating performance. (j) Represents costs for non-cash fair value inventory adjustments associated with our business combinations, which we do not consider indicative of ongoing operating performance. Geographic Area Information: The information within the following tables provides disaggregated information related to our net sales and long-lived assets. Net sales by region were as follows: Year Ended December 31, 2019 2018 (1) 2017 (1) North America $ 1,795.1 $ 1,787.0 $ 1,610.5 EMEA 1,577.2 1,677.5 1,555.1 Asia Pacific 653.5 759.6 750.4 Latin America (2) 456.4 471.9 461.0 Total (3) $ 4,482.2 $ 4,696.0 $ 4,377.0 Net long-lived assets by region were as follows: Year Ended December 31, 2019 2018 North America $ 480.8 $ 477.4 EMEA 403.1 439.1 Asia Pacific 209.2 246.1 Latin America (2) 129.9 135.6 Total (4) $ 1,223.0 $ 1,298.2 (1) Net sales by region for the years ended December 31, 2018 and 2017 were recast to include amounts previously classified as other revenue. See Note 1 for further information on the reclassification. (2) Includes Mexico (3) Net Sales are attributed to countries based on location of the customer. Sales to external customers in China represented approximately 9% , 11% and 12% of the total for the years ended December 31, 2019 , 2018 and 2017 , respectively. Sales to external customers in Germany represented approximately 8% of the total for the years ended December 31, 2019 , 2018 and 2017 , respectively. Mexico represented 6% of the total for the years ended December 31, 2019 , 2018 and 2017 . Canada, which is included in the North America region, represents approximately 4% of total net sales for the years ended December 31, 2019 , 2018 and 2017 , respectively. (4) Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $233.6 million and $243.6 million in the years ended December 31, 2019 and 2018 , respectively. China long-lived assets amounted to $171.0 million and $203.8 million in the years ended December 31, 2019 and 2018 , respectively. Brazil long-lived assets amounted to approximately $51.9 million and $58.0 million in the years ended December 31, 2019 and 2018 , respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $25.0 million and $25.1 million in the years ended December 31, 2019 and 2018 , respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Accumulated Other Comprehensive Income	ACCUMULATED OTHER COMPREHENSIVE LOSS Unrealized Currency Translation Adjustments Pension Plan Adjustments Unrealized Gain on Securities Unrealized Gain (Loss) on Derivatives Accumulated Other Comprehensive Loss Balance, December 31, 2018 $ (299.4 ) $ (36.4 ) $ — $ (0.3 ) $ (336.1 ) Current year deferrals to AOCI (0.2 ) (33.2 ) — (28.8 ) (62.2 ) Reclassifications from AOCI to Net income 2.6 (0.3 ) — 0.5 2.8 Net Change 2.4 (33.5 ) — (28.3 ) (59.4 ) Balance, December 31, 2019 $ (297.0 ) $ (69.9 ) $ — $ (28.6 ) $ (395.5 ) The cumulative income tax benefit related to the adjustments for pension benefits at December 31, 2019 was $27.0 million . The cumulative income tax benefit related to the adjustments for unrealized gain on derivatives at December 31, 2019 was $4.3 million . Unrealized Currency Translation Adjustments Pension Plan Unrealized Gain on Securities Unrealized Accumulated Other Comprehensive Loss Balance, December 31, 2017 $ (208.8 ) $ (31.4 ) $ 0.8 $ (1.6 ) $ (241.0 ) Cumulative effect of an accounting change — — (0.8 ) — (0.8 ) Balance at January 1, 2018 (208.8 ) (31.4 ) — (1.6 ) (241.8 ) Current year deferrals to AOCI (90.6 ) (5.8 ) — 1.7 (94.7 ) Reclassifications from AOCI to Net income — 0.8 — (0.4 ) 0.4 Net Change (90.6 ) (5.0 ) — 1.3 (94.3 ) Balance, December 31, 2018 $ (299.4 ) $ (36.4 ) $ — $ (0.3 ) $ (336.1 ) The cumulative income tax benefit related to the adjustments for pension benefits at December 31, 2018 was $14.4 million . The cumulative income tax expense related to the adjustments for unrealized gain on derivatives at December 31, 2018 was $0.5 million . Unrealized Currency Translation Adjustments Pension Plan Unrealized Unrealized Gain (Loss) on Derivatives Accumulated Other Comprehensive Loss Balance, December 31, 2016 $ (292.2 ) $ (56.6 ) $ 0.4 $ (2.0 ) $ (350.4 ) Current year deferrals to AOCI 83.4 17.1 0.4 (1.6 ) 99.3 Reclassifications from AOCI to Net income — 8.1 — 2.0 10.1 Net Change 83.4 25.2 0.4 0.4 109.4 Balance, December 31, 2017 $ (208.8 ) $ (31.4 ) $ 0.8 $ (1.6 ) $ (241.0 ) Included in the reclassification from AOCI to net income was a pension plan adjustment related to the deconsolidation of our Venezuelan subsidiary and the corresponding write-off of the accumulated actuarial loss on our Venezuela pension plan. This resulted in a decrease of $5.9 million in AOCI, inclusive of $2.6 million of tax benefits, and is discussed further in Note 22. The cumulative income tax benefit related to pension plan adjustments at December 31, 2017 was $13.0 million . The cumulative income tax benefit related to the adjustments for unrealized gain on derivatives at December 31, 2017 were $0.6 million .

Venezuela

Venezuela	12 Months Ended
	Dec. 31, 2019
Foreign Currency [Abstract]
Venezuela	VENEZUELA Due to the challenging economic conditions and political unrest in Venezuela, which have resulted in increasingly restrictive foreign exchange control regulations and reduced access to U.S. dollars through official currency exchange markets, during the year ended December 31, 2017, we concluded there was an other-than-temporary lack of exchangeability between the Venezuelan bolivar and the U.S. dollar. This lack of exchangeability restricted our Venezuelan subsidiary's ability to pay dividends or settle intercompany obligations, which severely limited our ability to realize the benefits from earnings of our Venezuelan operations and access the resulting liquidity provided by those earnings. Based on this lack of exchangeability, the continued political unrest, the recent drop in demand for our business and the losses incurred, we concluded that we no longer met the accounting criteria of control in order to continue consolidating our Venezuelan operations and accounted for our investments in our Venezuelan subsidiary under the cost method of accounting. As a result of this change, we recorded a loss of $70.9 million on our consolidated statement of operations within other operating charges during the year ended December 31, 2017. This loss was comprised of the subsidiary's net assets for $30.0 million , counterparty intercompany receivables with our Venezuela subsidiary for $35.0 million and unrealized actuarial losses associated with pension plans in accumulated other comprehensive income of $5.9 million . The value of the cost investment and all previous intercompany balances were recorded at zero as of December 31, 2017 and remain as such as of December 31, 2019 . Further, our consolidated balance sheet and statement of operations excludes the results of our Venezuelan operations. We will recognize income only to the extent that we are paid for inventory we sell or receive cash dividends from our Venezuelan legal entity. Prior to deconsolidation, for the year ended December 31, 2017, our Venezuelan subsidiary's net sales represented $2.5 million of our consolidated net sales, represented a loss of $2.8 million of our consolidated income from operations, and represented net losses of $5.8 million

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	QUARTERLY FINANCIAL INFORMATION (UNAUDITED) The following is a summary of the quarterly results of operations for the years ended December 31, 2019 and 2018 , respectively: (In millions, except per share data) 2019 March 31 June 30 September 30 December 31 Full Year Net sales $ 1,119.3 $ 1,157.5 $ 1,107.0 $ 1,098.4 $ 4,482.2 Cost of goods sold 751.3 748.4 707.4 710.8 2,917.9 Income from operations 98.6 157.9 123.0 108.7 488.2 Net income 44.1 99.9 66.4 42.2 252.6 Net income attributable to controlling interests 43.4 98.4 65.5 41.7 249.0 Basic net income per share $ 0.19 $ 0.42 $ 0.28 $ 0.18 $ 1.06 Diluted net income per share $ 0.18 $ 0.42 $ 0.28 $ 0.18 $ 1.06 2018 March 31 June 30 September 30 (1) December 31 Full Year Net sales $ 1,172.0 $ 1,212.2 $ 1,146.0 $ 1,165.8 $ 4,696.0 Cost of goods sold 776.0 793.8 759.1 777.4 3,106.3 Income from operations 120.0 146.5 47.8 127.8 442.1 Net income (loss) 71.0 77.1 (11.6 ) 76.8 213.3 Net income (loss) attributable to controlling interests 69.9 74.9 (13.1 ) 75.4 207.1 Basic net income (loss) per share $ 0.29 $ 0.31 $ (0.05 ) $ 0.32 $ 0.87 Diluted net income (loss) per share $ 0.28 $ 0.31 $ (0.05 ) $ 0.32 $ 0.85 (1) During the three months ended September 30, 2018, the Company announced the closure of the Mechelen, Belgium manufacturing facility and recorded severance costs of $70.6 million . See further discussion in Note 5.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS 2024 Dollar Term Loans Prepayment and Interest Rate Swap In January 2020, we voluntarily prepaid $300.0 million of the outstanding principal on our 2024 Dollar Term Loans. As a result of the prepayment, we will record a loss on extinguishment of debt of $2.7 million . Concurrent with the prepayment, we executed an interest rate swap to hedge $200.0 million of notional on our variable 2024 Dollar Term Loans at a fixed interest rate of 1.61% , which matures in December 2022.

Schedule II

Schedule II	12 Months Ended
	Dec. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS Allowance for Doubtful Accounts for the years ended December 31: (in millions) Balance at Beginning of Year Additions Deductions (1) Balance at End of Year 2019 $ 15.4 5.5 (4.9 ) $ 16.0 2018 $ 15.9 2.3 (2.8 ) $ 15.4 2017 $ 13.7 3.5 (1.3 ) $ 15.9 (1) Deductions include uncollectible accounts written off and foreign currency translation impact. Deferred tax asset valuation allowances for the years ended December 31: (in millions) Balance at Beginning of Year Additions (1) Deductions (1) Balance at End of Year 2019 $ 159.0 44.9 (25.6 ) $ 178.3 2018 $ 214.2 11.9 (67.1 ) $ 159.0 2017 $ 135.4 78.8 — $ 214.2 (1) Additions and deductions include charges to goodwill and foreign currency translation impact.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying consolidated balance sheets of Axalta Coating Systems Ltd. (“Axalta,” the “Company,” “we,” “our” and “us”), at December 31, 2019 and 2018 and the related consolidated statements of operations, consolidated statements of comprehensive income (loss), consolidated statements of cash flows and consolidated statements of changes in shareholders' equity for the years ended December 31, 2019 , 2018 and 2017 included herein have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and are audited. In the opinion of management, these statements include all adjustments, consisting only of normal, recurring adjustments, necessary for a fair statement of the financial position of Axalta. Venezuela Deconsolidation During the year ended December 31, 2017, we deconsolidated our Venezuelan subsidiary from our consolidated financial statements and began accounting for our investment in our 100% owned Venezuelan subsidiary using the cost method of accounting. See Note 22 for additional information.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of Axalta and its subsidiaries, and entities in which a controlling interest is maintained. For those consolidated subsidiaries in which the Company’s ownership is less than 100% , the outside shareholders’ interests are shown as noncontrolling interests. Investments in companies in which Axalta, directly or indirectly, owns 20% to 50% of the voting stock and has the ability to exercise significant influence over operating and financial policies of the investee are accounted for using the equity method of accounting. As a result, Axalta’s share of the earnings or losses of such equity affiliates is included in the accompanying consolidated statements of operations and our share of these companies’ stockholders’ equity is included in the accompanying consolidated balance sheet. Certain of our joint ventures are accounted for on a one-month lag basis, the effect of which is not material. We eliminated all intercompany accounts and transactions in the preparation of the accompanying consolidated financial statements.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of sales and expenses during the period. The estimates and assumptions include, but are not limited to, receivable and inventory valuations, fixed asset valuations, valuations of goodwill and identifiable intangible assets, including analysis of impairment, valuations of long-term employee benefit obligations, income taxes, environmental matters, litigation, stock-based compensation, restructuring and allocations of costs. Our estimates are based on historical experience, facts and circumstances available at the time and various other assumptions that are believed to be reasonable. Actual results could differ materially from those estimates.
Business Combinations Policy [Policy Text Block]	Accounting for Business Combinations We account for business combinations under the acquisition method of accounting. This method requires the recording of acquired assets, including separately identifiable intangible assets and assumed liabilities at their acquisition date fair values. The method records any excess purchase price over the fair value of acquired net assets as goodwill. Included in the determination of the purchase price is the fair value of contingent consideration, if applicable, based on the terms and applicable targets described within the acquisition agreements (e.g., projected revenues or EBITDA). Subsequent to the acquisition date, the fair value of the liability, if determined to be payable in cash, is revalued at each balance sheet date with adjustments recorded within earnings. The determination of the fair value of assets acquired, liabilities assumed and noncontrolling interests involves assessments of factors such as the expected future cash flows associated with individual assets and liabilities and appropriate discount rates at the closing date of the acquisition. When necessary, we consult with external advisors to help determine fair value. For non-observable market values determined using Level 3 assumptions, we determine fair value using acceptable valuation principles, including most commonly the excess earnings method for customer relationships, relief from royalty method for technology and trademarks, cost method for inventory and a combination of cost and market methods for property, plant and equipment, as applicable. We included the results of operations from the acquisition date in the financial statements for all businesses acquired.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition See Note 2 for disclosure of our revenue recognition accounting policy.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash, Cash Equivalents and Restricted Cash Cash equivalents represent highly liquid investments considered readily convertible to known amounts of cash within three months or less from time of purchase. They are carried at cost plus accrued interest, which approximates fair value because of the short-term maturity of these instruments. Cash balances may exceed government insured limits in certain jurisdictions. Restricted cash on our consolidated balance sheets primarily represents cash used to secure certain customer guarantees.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements GAAP defines a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The following valuation techniques are used to measure fair value for assets and liabilities: Level 1—Quoted market prices in active markets for identical assets or liabilities; Level 2—Significant other observable inputs (e.g., quoted prices for similar items in active markets, quoted prices for identical or similar items in markets that are not active, inputs other than quoted prices that are observable such as interest rate and yield curves, and market-corroborated inputs); and Level 3—Unobservable inputs for the asset or liability, which are valued based on management’s estimates of assumptions that market participants would use in pricing the asset or liability.
Derivatives, Policy [Policy Text Block]	Derivatives and Hedging The Company from time to time utilizes derivatives to manage exposures to currency exchange rates and interest rate risk. The fair values of all derivatives are recognized as assets or liabilities at the balance sheet date. Changes in the fair value of these instruments are reported in income or AOCI, depending on the use of the derivative and whether it qualifies for hedge accounting treatment and is designated as such. Gains and losses on derivatives that qualify and are designated as cash flow hedging instruments are recorded in AOCI, to the extent the hedges are effective, until the underlying transactions are recognized in income. Gains and losses on derivatives that qualify and are designated as net investment hedges are recorded in AOCI, to the extent the hedges are effective, until the underlying transactions are recognized in income. Gains and losses on derivatives qualifying and designated as fair value hedging instruments, as well as the offsetting losses and gains on the hedged items, are reported in income in the same accounting period. Derivatives not designated as hedging instruments are marked-to-market at the end of each accounting period with the results included in income. Cash flows from derivatives are recognized in the consolidated statements of cash flows in a manner consistent with the underlying transactions.
Receivables, Policy [Policy Text Block]	Receivables and Allowance for Doubtful Accounts Receivables are carried at amounts that approximate fair value. Receivables are recognized net of an allowance for doubtful accounts receivable. The allowance for doubtful accounts receivable reflects the best estimate of losses inherent in the accounts receivable portfolio determined on the basis of historical experience, specific allowances for known troubled accounts and other available evidence. Accounts receivable are written down or off when a portion or all of such account receivable is determined to be uncollectible.
Inventory, Policy [Policy Text Block]	Inventories Inventories are valued at the lower of cost or net realizable value with cost being determined on the weighted average cost method. Elements of cost in inventories include: • raw materials, • direct labor, and • manufacturing and indirect overhead. Stores and supplies are valued at the lower of cost or net realizable value; cost is generally determined by the weighted average cost method. Inventories deemed to have costs greater than their respective market values are reduced to net realizable value with a loss recorded in income in the period recognized.
Property, Plant and Equipment, Policy [Policy Text Block]	Property, Plant and Equipment Property, plant and equipment acquired in an acquisition are recorded at fair value as of the acquisition date and are depreciated over the estimated useful life using the straight-line method. Subsequent additions to property, plant and equipment, including the fair value of any asset retirement obligations upon initial recognition of the liability, are recorded at cost and are depreciated over the estimated useful life using the straight-line method. See Note 15 for a range of estimated useful lives used for each property, plant and equipment class. Software included in property, plant and equipment represents the costs of software developed or obtained for internal use. Software costs are amortized on a straight-line basis over their estimated useful lives. Upgrades and enhancements are capitalized if they result in added functionality, which enables the software to perform tasks it was previously incapable of performing. Software maintenance and training costs are expensed in the period in which they are incurred.
Lessee, Leases [Policy Text Block]	Leases See Note 7 for disclosure of our accounting policy over leases.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Identifiable Intangible Assets Goodwill represents the excess of purchase price over the fair values of underlying net assets acquired in a business combination. Goodwill and indefinite-lived intangible assets are tested for impairment on an annual basis as of October 1 st ; however, these tests are performed more frequently if events or changes in circumstances indicate that the asset may be impaired. The fair value methodology is based on prices of similar assets or other valuation methodologies including discounted cash flow techniques. When testing goodwill and indefinite-lived intangible assets for impairment, we first have an option to assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not (more than 50% ) that an impairment exists. Such qualitative factors may include the following: macroeconomic conditions; industry and market considerations; cost factors; overall financial performance; and other relevant entity-specific events. If based on this qualitative assessment we determine that an impairment is more likely than not, or if we elect not to perform a qualitative assessment, we would be required to perform a quantitative impairment test. Under the quantitative goodwill impairment test, the evaluation of impairment involves comparing the current fair value of each reporting unit to its carrying value, including goodwill. If the fair value of the reporting unit is less than the carrying value, the difference is recorded as an impairment loss not to exceed the amount of recorded goodwill. In 2019, we forwent the qualitative test and tested goodwill and indefinite-lived intangible assets for impairment by performing a quantitative analysis. The quantitative analysis determined that all reporting units and indefinite-lived intangible assets had fair values in significant excess (greater than 40% ) of carrying values. Definite-lived intangible assets, such as technology, trademarks, customer relationships and non-compete agreements are amortized over their estimated useful lives, generally for periods ranging from 2 to 25 years . Once these assets are fully amortized, they are removed from the balance sheet. We evaluate these assets for impairment whenever events or changes in circumstances indicate that the carrying amount of these assets might not be recoverable. The reasonableness of the useful lives of definite and indefinite-lived assets are regularly evaluated.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets The carrying value of long-lived assets to be held and used is evaluated when events or changes in circumstances indicate the carrying value may not be recoverable. The carrying value of a long-lived asset is considered impaired when the total projected undiscounted cash flows from the asset is less than its carrying value. In that event, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. The fair value methodology used is an estimate of fair market value and is based on prices of similar assets or other valuation methodologies including present value techniques. Long-lived assets to be disposed of other than by sale are classified as held for use until their disposal. Long-lived assets to be disposed of by sale are classified as held for sale and are reported at the lower of carrying amount or fair market value less cost to sell. Depreciation is discontinued for long-lived assets classified as held for sale.
Research and Development, Policy [Policy Text Block]	Research and Development Research and development costs incurred in the normal course of business consist primarily of employee-related costs and are expensed as incurred. In process research and development projects acquired in a business combination are recorded as intangible assets at their fair value as of the acquisition date, using Level 3 assumptions. Subsequent costs related to acquired in process research and development projects are expensed as incurred. In process research and development intangible assets are considered indefinite-lived until the abandonment or completion of the associated research and development efforts. These indefinite-lived intangible assets are tested for impairment consistent with the impairment testing performed on other indefinite-lived intangible assets discussed above. Upon completion of the research and development process, the carrying value of acquired in process research and development projects is reclassified as a finite-lived asset and is amortized over its useful life.
Environmental Liabilities and Expenditures, Policy [Policy Text Block]	Environmental Liabilities and Expenditures Accruals for environmental matters are recorded when it is probable that a liability has been incurred and the amount of the liability can be reasonably estimated. Accrued environmental liabilities are not discounted. Claims for recovery from third parties, if any, are reflected separately as an asset. We record recoveries at the earlier of when the gain is probable and reasonably estimable or realized. For the years ending December 31, 2019 , 2018 and 2017 , we have not recognized income associated with recoveries from third parties. Costs related to environmental remediation are charged to expense in the period incurred. Other environmental costs are also charged to expense in the period incurred, unless they increase the value of the property or reduce or prevent contamination from future operations, in which case, they are capitalized and depreciated.
Litigations [Policy Text Block]	Litigation We accrue for liabilities related to litigation matters when available information indicates that the liability is probable, and the amount can be reasonably estimated. Legal costs such as outside counsel fees and expenses are charged to expense in the period incurred.
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis. Deferred tax assets are also recognized for tax losses, interest and tax credit carryforwards. Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates applicable in the years in which they are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax law is recognized in income in the period that includes the enactment date. Where we do not intend to indefinitely reinvest earnings of our subsidiaries, we provide for income taxes and withholding taxes, where applicable, on unremitted earnings. We do not provide for income taxes on unremitted earnings of our subsidiaries that are intended to be indefinitely reinvested. We recognize the benefit of an income tax position only if it is "more likely than not" that the tax position will be sustained. The tax benefits recognized are measured based on the largest benefit that has a greater than 50%
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation The reporting currency is the U.S. Dollar. In most cases, our non-U.S. based subsidiaries use their local currency as the functional currency for their respective business operations. Assets and liabilities of these operations are translated into U.S. Dollars at end-of-period exchange rates; income and expenses are translated using the average exchange rates for the reporting period. Resulting cumulative translation adjustments are recorded as a component of shareholders’ equity in the accompanying consolidated balance sheets in AOCI. Gains and losses from transactions denominated in currencies other than the functional currencies are included in the consolidated statements of operations in other (income) expense, net. During the year ended December 31, 2018, our subsidiary in Argentina was determined to be U.S. Dollar functional currency. This determination was made upon conclusion that the Argentinian Peso was hyper-inflationary.
Employee Benefits Policy [Policy Text Block]	Employee Benefits Defined benefit plans specify an amount of pension benefit that an employee will receive upon retirement, usually dependent on factors such as age, years of service and compensation. The obligation in respect of defined benefit plans is calculated separately for each plan by estimating the amount of the future benefits that employees earn in return for their service in the current and prior periods. These benefits are then discounted to determine the present value of the obligations and are then adjusted for the impact of any unamortized prior service costs. The discount rate used is based upon market indicators in the region (generally, the yield on bonds that are denominated in the currency in which the benefits will be paid) and that have maturity dates approximating the terms of the obligations. The calculations are performed by qualified actuaries using the projected unit credit method. The obligation of defined benefit plans recorded on our consolidated balance sheets is net of the current fair value of assets. See Note 8 for further information.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation Our stock-based compensation is comprised of Axalta stock options, restricted stock awards, restricted stock units, performance stock awards and performance share units and are measured at fair value on the grant date or date of modification, as applicable. We recognize compensation expense on a graded-vesting attribution basis over the requisite service period, inclusive of impacts of any current period modifications of previously granted awards. Compensation expense is recorded net of forfeitures, which we have elected to record in the period they occur.
Earnings Per Share, Policy [Policy Text Block]	Earnings per Common Share Basic earnings per common share is computed by dividing net income attributable to Axalta’s common shareholders by the weighted average number of shares outstanding during the period. Diluted earnings per common share is computed by dividing net income attributable to Axalta’s common shareholders by the weighted average number of shares outstanding during the period increased by the number of additional shares that would have been outstanding related to potentially dilutive securities; anti-dilutive securities are excluded from the calculation. These potentially dilutive securities are calculated under the treasury stock method and consist of stock options, restricted stock awards, restricted stock units, performance stock awards and performance share units.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Adopted Accounting Guidance In January 1, 2019, we adopted Accounting Standards Update ("ASU") 2016-02, "Leases," which, together with amendments comprising ASC 842, requires lessees to identify arrangements that should be accounted for as leases and generally recognized, for operating and finance leases with terms exceeding twelve months, a right-of-use asset (or "ROU") and lease liability on the balance sheet. In addition to this main provision, this standard included a number of additional changes to lease accounting. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required, applying the new standard to all leases existing at the date of initial application. An entity may choose to use either the adoption date or the beginning of the earliest comparative period presented in the financial statements as its date of initial application. We used the adoption date as our date of initial application. As a result, historical financial information was not updated, and the disclosures required under the new standard are not provided as of and for periods before January 1, 2019. See Note 7 for further information on the implementation of the standard. The new standard provides a number of optional practical expedients in transition. We elected the package of practical expedients, which permits us not to reassess under the new standard our prior conclusions about lease identification, lease classification and initial direct costs. We also elected the practical expedient pertaining to land easements which permits entities to forgo the evaluation of existing land easement arrangements in transition to determine if they contain a lease. We did not elect the use-of-hindsight practical expedient. The new standard also provides practical expedients for an entity’s ongoing accounting. We elected the short term lease recognition exemption and we will not recognize ROU assets or lease liabilities for qualifying leases (leases with a term of less than 12 months from lease commencement). We also elected the accounting policy election to not separate lease and non-lease components for all asset classes. The Company implemented an outsourced software solution to support the ongoing accounting requirements that this standard will have on our consolidated financial statements. We have evaluated completeness and accuracy of lease data entered into the software solution and updated our processes, policies, and internal controls. Changes to our internal controls covered the identification, accounting and disclosure of leases both upon adoption and subsequent to adoption. Adoption of ASU 2016-02 at January 1, 2019 resulted in a one-time loss to retained earnings of $0.7 million on our consolidated balance sheet and consolidated statement of changes in shareholders' equity related to the net difference of derecognition of existing assets and debt obligations associated with our leases historically accounted for as sale-leaseback financings, for which the ASU requires accounting for as a lease at the date of initial application. Of the accounting standards we have adopted in 2019, the below standard did not have a material impact: ASU Effective Date 2018-16 Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes January 1, 2019 Accounting Guidance Issued But Not Yet Adopted In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-13, "Financial Instruments - Credit Losses". ASU 2016-13 replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires considerations of a broader range of reasonable and supportable information to inform credit loss estimates. The new standard is effective for fiscal years beginning after December 15, 2019. The provisions of this standard will primarily impact the allowance for doubtful accounts on our trade accounts receivables, in which we will apply historical loss percentages, combined with reasonable and supportable forecasts of future losses to the respective aging categories. The Company does not expect material impacts to our financial statements, related disclosures, key processes or changes to internal controls. In December 2019, the FASB issued ASU 2019-12, "Simplifying the Accounting for Income Taxes" as part of its initiative to reduce complexity in accounting standards. The ASU simplifies the accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The new standard is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years. Early adoption is permitted. We are currently evaluating the impact of ASU 2019-12 on our financial statements.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies Schedule of New Accounting Pronouncements and Changes in Accounting Principals (Tables)	12 Months Ended
	Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Correction of Immaterial Errors to Prior Period Financial Statements During the year ended December 31, 2019, the Company identified and corrected an error that affected the previously-issued 2018 annual and interim financial statements. Specifically, the financial statements reflected an investment in noncontrolling interest payment of $26.9 million within investing activities as opposed to its appropriate classification within financing activities. The Company determined that this correction was immaterial to the previously-issued financial statements. However, given the significance of the error and for comparability purposes, we have revised the consolidated statements of cash flows for the year ended December 31, 2018. This revision has no impact on the consolidated statements of operations or balance sheets. Year Ended December 31, 2018 As Reported Revised Cash used for investing activities $ (216.1 ) $ (189.2 ) Cash used for financing activities $ (341.3 ) $ (368.2 )
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]	ASU requires accounting for as a lease at the date of initial application. Of the accounting standards we have adopted in 2019, the below standard did not have a material impact: ASU Effective Date 2018-16 Derivatives and Hedging (Topic 815): Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes January 1, 2019

Goodwill and Identifiable Int_2

Goodwill and Identifiable Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The following table shows changes in the carrying amount of goodwill from December 31, 2017 to December 31, 2019 by reportable segment: Performance Coatings Transportation Coatings Total December 31, 2017 $ 1,189.2 $ 82.0 $ 1,271.2 Goodwill from acquisitions 2.9 — 2.9 Purchase accounting adjustments (0.2 ) — (0.2 ) Foreign currency translation (40.4 ) (2.7 ) (43.1 ) December 31, 2018 $ 1,151.5 $ 79.3 $ 1,230.8 Goodwill from acquisitions 0.5 — 0.5 Purchase accounting adjustments 1.4 — 1.4 Divestiture (5.6 ) — (5.6 ) Foreign currency translation (16.9 ) (1.3 ) (18.2 ) December 31, 2019 $ 1,130.9 $ 78.0 $ 1,208.9
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class	The following table summarizes the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class: December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Book Value Weighted average amortization periods (years) Technology $ 540.2 $ (310.6 ) $ 229.6 10.4 Trademarks—indefinite-lived 264.9 — 264.9 Indefinite Trademarks—definite-lived 99.7 (30.1 ) 69.6 15.8 Customer relationships 923.8 (271.3 ) 652.5 19.1 Other 15.2 (7.9 ) 7.3 5.0 Total $ 1,843.8 $ (619.9 ) $ 1,223.9 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Weighted average amortization periods (years) Technology $ 545.7 $ (260.7 ) $ 285.0 10.4 Trademarks—indefinite-lived 269.0 — 269.0 Indefinite Trademarks—definite-lived 100.6 (24.0 ) 76.6 15.8 Customer relationships 929.9 (222.9 ) 707.0 19.1 Other 15.7 (5.3 ) 10.4 5.1 Total $ 1,860.9 $ (512.9 ) $ 1,348.0
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated amortization expense related to the fair value of acquired intangible assets for each of the succeeding five years is: 2020 $ 113.0 2021 $ 112.4 2022 $ 110.3 2023 $ 71.0 2024 $ 66.2

Restructuring (Tables)

Restructuring (Tables)	12 Months Ended
	Dec. 31, 2019
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The following table summarizes the activity related to the restructuring reserves and expenses for the years ended December 31, 2019 , 2018 and 2017 : Balance at January 1, 2017 $ 66.1 Expense recorded 36.2 Payments made (36.1 ) Foreign currency translation 6.8 Venezuela deconsolidation impact (1.5 ) Balance at December 31, 2017 $ 71.5 Expense recorded 79.8 Payments made (46.4 ) Foreign currency translation (2.2 ) Balance at December 31, 2018 $ 102.7 Expense recorded 34.4 Payments made (57.3 ) Foreign currency translation (1.8 ) Balance at December 31, 2019 $ 78.0

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Assets And Liabilities, Lessee	Supplemental balance sheet information related to leases is summarized as follows: December 31, 2019 Assets Classification Operating lease assets, net Other assets (1) $ 95.6 Finance lease assets, net Property, plant and equipment, net (2) 66.9 Total leased assets $ 162.5 Liabilities Current Operating lease liabilities Other accrued liabilities $ 29.3 Finance lease liabilities Current portion of borrowings 2.9 Noncurrent Operating lease liabilities Other liabilities 69.5 Finance lease liabilities Long-term borrowings 62.2 Total lease liabilities $ 163.9 (1) Operating lease assets are recorded net of accumulated amortization of $18.4 million as of December 31, 2019 . (2) Finance lease assets are recorded net of accumulated amortization of $4.6 million as of December 31, 2019 .
Lease, Cost	Components of lease expense are summarized as follows: December 31, 2019 Finance lease cost Amortization of right-of-use assets $ 4.1 Interest on lease liabilities 3.5 Operating lease cost 36.5 Variable lease cost 2.9 Short-term lease cost 1.2 Net lease cost $ 48.2 Supplemental cash flow information related to leases is summarized as follows: December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 36.8 Operating cash flows from finance leases $ 3.5 Financing cash flows from finance leases $ 1.9 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 23.3 Finance leases $ 0.5
Schedule of Lease Terms	Lease term and discount rate information is summarized as follows: December 31, 2019 Weighted-average remaining lease term (years) Operating leases 4.9 Finance leases 16.7 Weighted-average discount rate Operating leases 3.6 % Finance leases 5.2 %
Lessee, Operating Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019 is as follows: Operating Leases Finance Leases Year 2020 $ 31.1 $ 5.9 2021 24.8 5.6 2022 17.1 5.8 2023 12.6 5.8 2024 6.4 5.8 Thereafter 17.2 71.9 Total lease payments $ 109.2 $ 100.8 Less: imputed interest 10.4 35.7 Present value of lease liabilities $ 98.8 $ 65.1
Finance Lease, Liability, Maturity	Maturities of lease liabilities as of December 31, 2019 is as follows: Operating Leases Finance Leases Year 2020 $ 31.1 $ 5.9 2021 24.8 5.6 2022 17.1 5.8 2023 12.6 5.8 2024 6.4 5.8 Thereafter 17.2 71.9 Total lease payments $ 109.2 $ 100.8 Less: imputed interest 10.4 35.7 Present value of lease liabilities $ 98.8 $ 65.1
Sale Leaseback Transactions	For comparability purposes, the following table reflects the total remaining cash payments related to all transactions during the rental term at December 31, 2018 associated with three lease arrangements that were treated as sale-leaseback financing transactions under ASC 840 and disclosed in the Company's Annual Report on Form 10-K for the year ended December 31, 2018: Sale-leaseback Obligations 2019 $ 5.3 2020 5.4 2021 5.4 2022 5.7 2023 5.7 Thereafter 77.1 Total minimum payments $ 104.6
Schedule of Future Minimum Rental Payments for Operating Leases	At December 31, 2018, future minimum payments under non-cancelable operating leases under ASC 840 were as follows: Operating Leases 2019 $ 34.6 2020 23.5 2021 17.1 2022 13.2 2023 11.5 Thereafter 16.6 Total minimum payments $ 116.5

Long-term Employee Benefits (Ta

Long-term Employee Benefits (Tables)	12 Months Ended
	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets	The following table sets forth the changes to the projected benefit obligations ("PBO") and plan assets for the years ended December 31, 2019 and 2018 and the funded status and amounts recognized in the accompanying consolidated balance sheets at December 31, 2019 and 2018 for our defined benefit pension plans: Year Ended December 31, 2019 2018 Change in benefit obligation: Projected benefit obligation at beginning of year $ 583.7 $ 636.9 Service cost 7.2 8.8 Interest cost 13.1 13.1 Participant contributions 1.2 1.3 Actuarial losses (gains), net 60.9 (3.3 ) Plan curtailments, settlements and special termination benefits (7.1 ) (19.4 ) Benefits paid (22.5 ) (25.6 ) Business combinations and other adjustments (0.1 ) 0.7 Foreign currency translation 4.3 (28.8 ) Projected benefit obligation at end of year 640.7 583.7 Change in plan assets: Fair value of plan assets at beginning of year 332.3 365.0 Actual return on plan assets 28.3 (1.4 ) Employer contributions 16.9 24.6 Participant contributions 1.2 1.3 Benefits paid (22.5 ) (25.6 ) Settlements (7.4 ) (12.5 ) Business combinations and other adjustments (0.1 ) (0.1 ) Foreign currency translation 8.2 (19.0 ) Fair value of plan assets at end of year 356.9 332.3 Funded status, net $ (283.8 ) $ (251.4 ) Amounts recognized in the consolidated balance sheets consist of: Other assets $ 13.0 $ 22.0 Other accrued liabilities (11.6 ) (11.5 ) Accrued pensions (285.2 ) (261.9 ) Net amount recognized $ (283.8 ) $ (251.4 )
Schedule of Accumulated and Projected Benefit Obligations	The following table reflects the ABO for all defined benefit pension plans as of December 31, 2019 and 2018 . Further, the table reflects the aggregate PBO, ABO and fair value of plan assets for pension plans with PBO in excess of plan assets and for pension plans with ABO in excess of plan assets. Year Ended December 31, 2019 2018 ABO $ 613.5 $ 559.9 Plans with PBO in excess of plan assets: PBO $ 401.0 $ 375.6 ABO $ 374.2 $ 352.0 Fair value plan assets $ 104.2 $ 102.2 Plans with ABO in excess of plan assets: PBO $ 401.0 $ 370.2 ABO $ 374.2 $ 349.1 Fair value plan assets $ 104.2 $ 99.3
Schedule of Net Periodic Benefit Cost Not yet Recognized	The pre-tax amounts not yet reflected in net periodic benefit cost and included in AOCI include the following related to defined benefit plans: Year Ended December 31, 2019 2018 Accumulated net actuarial losses $ (97.9 ) $ (51.8 ) Accumulated prior service credit 1.5 1.6 Total $ (96.4 ) $ (50.2 )
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year	The estimated pre-tax amounts that are expected to be amortized from AOCI into the consolidated statements of operations as net periodic benefit cost during 2020 for the defined benefit plans is as follows: 2020 Amortization of net actuarial losses, net $ (3.5 ) Amortization of prior service credit, net 0.1 Total $ (3.4 )
Schedule of Net Benefit Costs	The following table sets forth the pre-tax components of net periodic benefit costs for our defined benefit plans for the years ended December 31, 2019 , 2018 and 2017 . Year Ended December 31, 2019 2018 2017 Components of net periodic benefit cost and amounts recognized in comprehensive (income) loss: Net periodic benefit cost: Service cost $ 7.2 $ 8.8 $ 9.0 Interest cost 13.1 13.1 13.8 Expected return on plan assets (13.9 ) (16.1 ) (15.0 ) Amortization of actuarial loss, net 1.9 1.3 1.4 Amortization of prior service credit (0.1 ) (0.1 ) — Curtailment gain (2.3 ) (0.7 ) — Settlement loss 1.1 0.6 0.2 Special termination benefit loss 0.3 — 1.0 Net periodic benefit cost 7.3 6.9 10.4 Changes in plan assets and benefit obligations recognized in other comprehensive loss (income): Net actuarial loss (gain), net 46.7 6.7 (20.6 ) Amortization of actuarial loss, net (1.9 ) (1.3 ) (1.4 ) Prior service cost (credit) — 0.8 (1.2 ) Amortization of prior service credit 0.1 0.1 — Curtailment gain 2.3 0.7 — Settlement loss (1.1 ) (0.6 ) (0.2 ) Other adjustments — — (7.9 ) Total loss (gain) recognized in other comprehensive loss (income) 46.1 6.4 (31.3 ) Total recognized in comprehensive loss (income) $ 53.4 $ 13.3 $ (20.9 )
Schedule of Assumptions Used	We used the following assumptions in determining the benefit obligations and net periodic benefit cost of our defined benefit plans: 2019 2018 2017 Weighted-average assumptions: Discount rate to determine benefit obligation 1.58 % 2.27 % 2.13 % Discount rate to determine net cost 2.27 % 2.13 % 2.52 % Rate of future compensation increases to determine benefit obligation 2.73 % 2.68 % 2.69 % Rate of future compensation increases to determine net cost 2.68 % 2.69 % 3.07 % Rate of return on plan assets to determine net cost 4.21 % 4.47 % 4.73 %
Schedule of Expected Benefit Payments	The following reflects the total benefit payments expected to be paid for defined benefits: Year ended December 31, Benefits 2020 $ 32.6 2021 $ 27.8 2022 $ 29.3 2023 $ 32.1 2024 $ 36.2 2025—2029 $ 181.7
Schedule of Allocation of Plan Assets	The table below summarizes the weighted average actual and target pension plan asset allocations at December 31 st for all funded Axalta defined benefit plans. Asset Category 2019 2018 Target Allocation Equity securities 20-25% 15-20% 20-25% Debt securities 30-35% 25-30% 30-35% Real estate 0-5% 0-5% 0-5% Other 40-45% 45-50% 40-45% The table below presents the fair values of the defined benefit pension plan assets by level within the fair value hierarchy, as described in Note 1, at December 31, 2019 and 2018 , respectively. Defined benefit pension plan assets measured using NAV have not been categorized in the fair value hierarchy. Fair value measurements at December 31, 2019 Total Level 1 Level 2 Level 3 Asset Category: Cash and cash equivalents $ 4.0 $ 4.0 $ — $ — U.S. equity securities 36.0 35.7 — 0.3 Non-U.S. equity securities 45.8 42.9 0.4 2.5 Debt securities—government issued 69.6 45.0 19.9 4.7 Debt securities—corporate issued 40.2 28.3 9.4 2.5 Private market securities and other 125.8 1.0 0.7 124.1 Total carried at fair value $ 321.4 $ 156.9 $ 30.4 $ 134.1 Investments measured at NAV 35.5 Total $ 356.9 Fair value measurements at December 31, 2018 Total Level 1 Level 2 Level 3 Asset Category: Cash and cash equivalents $ 4.5 $ 4.4 $ 0.1 $ — U.S. equity securities 23.7 23.4 — 0.3 Non-U.S. equity securities 42.9 39.9 1.0 2.0 Debt—government issued 70.9 41.1 23.3 6.5 Debt—corporate issued 29.1 19.7 7.0 2.4 Private market securities and other 129.6 1.2 1.5 126.9 Real estate investments 13.6 — — 13.6 Total carried at fair value $ 314.3 $ 129.7 $ 32.9 $ 151.7 Investments measured at NAV 19.5 Pension trust liability (1.5 ) Total $ 332.3
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block]	The table below presents a roll forward of activity for these assets for the years ended December 31, 2019 and 2018 . Level 3 assets Total Private market securities Debt and equity Real estate investments Ending balance at December 31, 2017 $ 158.0 $ 135.7 $ 8.8 $ 13.5 Change in unrealized gain (4.2 ) (4.4 ) (0.2 ) 0.4 Purchases, sales, issues and settlements (2.1 ) (4.4 ) 2.6 (0.3 ) Ending balance at December 31, 2018 $ 151.7 $ 126.9 $ 11.2 $ 13.6 Change in unrealized gain 2.5 1.5 0.7 0.3 Purchases, sales, issues and settlements (8.6 ) (4.6 ) (1.9 ) (2.1 ) Transfers out of Level 3 (11.5 ) — — (11.5 ) Ending balance at December 31, 2019 $ 134.1 $ 123.8 $ 10.0 $ 0.3

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Principal weighted average assumptions used in applying the Black-Scholes model were as follows: 2019 Grants 2018 Grants 2017 Grants Expected Term 6.0 years 6.0 years 6.0 years Volatility 20.25 % 20.27 % 21.75 % Dividend Yield — — — Discount Rate 2.47 % 2.66 % 2.03 %
Schedule of Stock Options Roll Forward	A summary of stock option award activity as of and for the year ended December 31, 2019 is presented below: Awards (in millions) Weighted- Average Exercise Price Aggregate Intrinsic Value (in millions) Weighted Average Remaining Contractual Life (years) Outstanding at December 31, 2018 7.2 $ 19.32 Granted 0.8 $ 26.91 Exercised (3.9 ) $ 12.92 Forfeited (1.1 ) $ 29.41 Outstanding at December 31, 2019 3.0 $ 25.92 Vested and expected to vest at December 31, 2019 3.0 $ 25.92 $ 15.1 5.85 Exercisable at December 31, 2019 2.0 $ 24.86 $ 12.6 4.49
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	A summary of restricted stock and restricted stock unit award activity as of December 31, 2019 is presented below: Awards (in millions) Weighted-Average Fair Value Outstanding at December 31, 2018 1.6 $ 29.12 Granted 0.7 $ 26.99 Vested (0.7 ) $ 28.43 Forfeited (0.4 ) $ 28.51 Outstanding at December 31, 2019 1.2 $ 28.45
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]	A summary of PSA and PSU activity as of December 31, 2019 is presented below: Awards (in millions) Weighted-Average Fair Value Outstanding at December 31, 2018 0.8 $ 31.82 Granted 0.3 $ 29.10 Vested — $ — Forfeited (0.6 ) $ 30.38 Outstanding at December 31, 2019 0.5 $ 32.11

Other Expense, Net (Tables)

Other Expense, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	Year Ended December 31, 2019 2018 2017 Foreign exchange losses, net $ 8.3 $ 9.2 $ 7.4 Non-operational asset impairment charges — — 7.6 Debt extinguishment and refinancing related costs 0.2 9.5 13.4 Other miscellaneous income, net (12.9 ) (3.7 ) (1.3 ) Total $ (4.4 ) $ 15.0 $ 27.1

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Valuation Allowance [Line Items]
Schedule of Income before Income Tax, Domestic and Foreign	Domestic and Foreign Components of Income Before Income Taxes Year Ended December 31, 2019 2018 2017 Domestic $ 223.4 $ 194.8 $ 41.8 Foreign 106.6 72.7 147.8 Total $ 330.0 $ 267.5 $ 189.6
Schedule of Components of Income Tax Expense (Benefit)	Provision (Benefit) for Income Taxes Year Ended December 31, 2019 Year Ended December 31, 2018 Year Ended December 31, 2017 Current Deferred Total Current Deferred Total Current Deferred Total U.S. federal $ 8.3 $ 27.1 $ 35.4 $ 7.2 $ 6.8 $ 14.0 $ 4.6 $ 102.8 $ 107.4 U.S. state and local 5.3 (9.2 ) (3.9 ) 2.7 12.8 15.5 1.7 0.4 2.1 Foreign 48.1 (2.2 ) 45.9 38.2 (13.5 ) 24.7 43.9 (11.5 ) 32.4 Total $ 61.7 $ 15.7 $ 77.4 $ 48.1 $ 6.1 $ 54.2 $ 50.2 $ 91.7 $ 141.9
Schedule of Effective Income Tax Rate Reconciliation	Reconciliation to U.S. Statutory Rate Year Ended December 31, 2019 2018 2017 Statutory U.S. federal income tax rate (1) $ 69.3 21.0 % $ 56.2 21.0 % $ 66.4 35.0 % Earnings generated in jurisdictions where the statutory rate is different from the U.S. Federal rate (16.3 ) (4.9 ) (26.8 ) (10.0 ) (80.3 ) (42.4 ) Changes in valuation allowances 18.8 5.7 (37.5 ) (14.0 ) 45.3 23.9 Foreign exchange gain (loss), net (2.8 ) (0.8 ) 26.7 10.0 6.4 3.4 Unrecognized tax benefits 11.2 3.4 18.9 7.1 3.1 1.6 Foreign taxes 21.4 6.5 6.7 2.5 4.1 2.2 Non-deductible interest 0.3 0.1 4.8 1.8 9.8 5.2 Non-deductible expenses 3.8 1.2 3.8 1.4 4.6 2.4 Tax credits (3.9 ) (1.2 ) (6.6 ) (2.4 ) (4.2 ) (2.2 ) Excess tax benefits relating to stock-based compensation (11.4 ) (3.5 ) (6.6 ) (2.4 ) (13.1 ) (6.9 ) U.S. tax reform (2) — — (12.5 ) (4.7 ) 107.8 56.8 Base erosion and anti-abuse tax 4.3 1.3 2.7 1.0 — — Venezuela deconsolidation and impairment — — — — (2.0 ) (1.0 ) U.S. state and local taxes, net 6.6 2.0 1.8 0.7 1.3 0.7 Other - net (3) (23.9 ) (7.3 ) 22.6 8.3 (7.3 ) (4.0 ) Total income tax provision / effective tax rate $ 77.4 23.5 % $ 54.2 20.3 % $ 141.9 74.7 % (1) The U.S. statutory rate has been used as management believes it is more meaningful to the Company. (2) Tax effect of the U.S. TCJA recorded under SAB 118. (3) In 2019, the Company recorded a tax benefit of $24.9 million in Luxembourg related to a local statutory impairment, which is fully offset by a tax expense of $24.9 million for the increase to the valuation allowance.
Schedule of Deferred Tax Assets and Liabilities	Deferred Tax Balances Year Ended December 31, 2019 2018 Deferred tax asset Tax loss, credit and interest carryforwards $ 245.3 $ 238.5 Compensation and employee benefits 80.8 80.1 Accruals and other reserves 17.2 25.5 Research and development capitalization 6.5 7.7 Equity investment and other securities 28.3 20.1 Finance leases 19.1 — Other 3.7 3.0 Total deferred tax assets 400.9 374.9 Less: valuation allowance (178.3 ) (159.0 ) Total deferred tax assets, net of valuation allowance 222.6 215.9 Deferred tax liabilities Goodwill and intangibles (20.8 ) (17.4 ) Property, plant and equipment (147.7 ) (144.7 ) Unremitted earnings (6.0 ) (7.4 ) Long-term debt (1.3 ) (2.4 ) Total deferred tax liabilities (175.8 ) (171.9 ) Net deferred tax asset $ 46.8 $ 44.0 Non-current assets $ 162.3 $ 184.8 Non-current liability (115.5 ) (140.8 ) Net deferred tax asset $ 46.8 $ 44.0
Summary of Tax Credit Carryforwards [Table Text Block]	Tax loss, tax credit and interest carryforwards Year Ended December 31, 2019 2018 Tax loss carryforwards (tax effected) (1) Expire within 10 years $ 75.9 $ 53.3 Expire after 10 years or indefinite carryforward 106.7 121.6 Tax credit carryforwards Expire within 10 years 1.9 17.3 Expire after 10 years or indefinite carryforward 24.4 20.9 Interest carryforwards (1) Expire within 10 years 1.2 2.2 Expire after 10 years or indefinite carryforward 35.2 23.2 Total tax loss, tax credit and interest carryforwards $ 245.3 $ 238.5 (1) Net of unrecognized tax benefits
Summary of Valuation Allowance [Table Text Block]	Valuation allowance Year Ended December 31, 2019 2018 Non-U.S. $ 175.8 $ 133.8 U.S. 2.5 25.2 Total valuation allowance $ 178.3 $ 159.0
Schedule of Unrecognized Tax Benefits Roll Forward	Total Gross Unrecognized Tax Benefits Year Ended December 31, 2019 2018 2017 Total gross unrecognized tax benefits at January 1 $ 37.0 $ 17.2 $ 12.3 Increases related to positions taken on items from prior years 3.9 3.4 1.9 Decreases related to positions taken on items from prior years (1.0 ) (1.8 ) — Increases related to positions taken in the current year 5.5 18.2 3.0 Settlement of uncertain tax positions with tax authorities (0.1 ) — — Total gross unrecognized tax benefits at December 31 45.3 37.0 17.2 Total accrual for interest and penalties associated with unrecognized tax benefits (1) 5.0 3.1 1.2 Total gross unrecognized tax benefits at December 31, including interest and penalties $ 50.3 $ 40.1 $ 18.4 Total unrecognized tax benefits that, if recognized, would impact the effective tax rate $ 31.7 $ 25.2 $ 9.7 Interest and penalties included as components of the Provision (benefit) for income taxes $ 1.9 $ 1.9 $ 0.1 (1) Accrued interest and penalties are included within the related tax liability line in the balance sheet.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	A reconciliation of our basic and diluted net income per common share is as follows: Year Ended December 31, (In millions, except per share data) 2019 2018 2017 Net income to common shareholders $ 249.0 $ 207.1 $ 36.7 Basic weighted average shares outstanding 233.9 239.0 240.4 Diluted weighted average shares outstanding 235.8 242.9 246.1 Net income per common share: Basic net income per share $ 1.06 $ 0.87 $ 0.15 Diluted net income per share $ 1.06 $ 0.85 $ 0.15

Accounts and Notes Receivable_2

Accounts and Notes Receivable, Net (Tables)	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Year Ended December 31, 2019 2018 Accounts receivable—trade, net (1) $ 718.4 $ 739.9 Notes receivable 24.7 36.1 Other 87.0 84.8 Total $ 830.1 $ 860.8 (1) Allowance for doubtful accounts was $16.0 million and $15.4 million at December 31, 2019 and 2018 , respectively.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2019
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Year Ended December 31, 2019 2018 Finished products $ 327.4 $ 334.0 Semi-finished products 109.9 108.0 Raw materials 133.7 149.9 Stores and supplies 20.6 21.1 Total $ 591.6 $ 613.0

Net Property, Plant and Equip_2

Net Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Year Ended December 31, Useful Lives (years) 2019 2018 Land $ 84.5 $ 85.7 Buildings and improvements 5 - 25 541.6 522.4 Machinery and equipment 5 - 25 1,324.1 1,333.2 Software 5 - 7 128.3 159.5 Other 3 - 20 71.5 45.7 Construction in progress 81.9 72.3 Total 2,231.9 2,218.8 Accumulated depreciation (1,008.9 ) (920.6 ) Property, plant and equipment, net $ 1,223.0 $ 1,298.2

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	Year Ended December 31, 2019 2018 Available for sale securities $ 1.6 $ 1.7 Deferred income taxes—non-current 162.3 184.8 Business incentive payment assets 191.2 190.8 Operating lease ROU assets (1) 95.6 — Other assets (2) 138.1 111.8 Total $ 588.8 $ 489.1 (1) As a result of adopting ASU 2016-02, operating lease ROU assets were recognized beginning January 1, 2019. See Note 7 for further information on the adoption of ASU 2016-02. (2) Includes other upfront incentives made in conjunction with long-term customer commitments of $71.0 million and 49.8 million at December 31, 2019 and 2018 , respectively, which will be repaid in future periods.

Accounts Payable (Tables)

Accounts Payable (Tables)	12 Months Ended
	Dec. 31, 2019
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	Year Ended December 31, 2019 2018 Accounts Payable Trade payables $ 442.0 $ 477.8 Non-income taxes 20.5 21.4 Other 21.2 23.6 Total $ 483.7 $ 522.8 Other Accrued Liabilities Compensation and other employee-related costs $ 188.2 $ 163.2 Restructuring—current 76.5 60.3 Discounts, rebates, and warranties 148.2 157.8 Operating lease liabilities (1) 29.3 — Income taxes payable 16.4 15.2 Other 86.7 79.1 Total $ 545.3 $ 475.6 (1) As a result of adopting ASU 2016-02, operating lease liabilities were recognized beginning January 1, 2019. See Note 7 for further information on the adoption of ASU 2016-02.

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Instrument [Line Items]
Schedule of Debt	Borrowings are summarized as follows: Year Ended December 31, 2019 2018 2024 Dollar Term Loans $ 2,387.5 $ 2,411.8 2024 Dollar Senior Notes 500.0 500.0 2024 Euro Senior Notes 375.2 383.3 2025 Euro Senior Notes 504.0 514.9 Short-term and other borrowings 109.0 103.8 Unamortized original issue discount (10.5 ) (12.6 ) Unamortized deferred financing costs (31.1 ) (37.2 ) Total borrowings 3,834.1 3,864.0 Less: Short-term borrowings 19.6 17.9 Current portion of long-term borrowings 24.3 24.3 Long-term debt $ 3,790.2 $ 3,821.8
Schedule of Maturities of Long-term Debt	Below is a schedule of required future repayments of all borrowings outstanding at December 31, 2019 . 2020 $ 43.9 2021 26.7 2022 54.2 2023 27.1 2024 3,168.5 Thereafter 555.3 Total $ 3,875.7
2024 Dollar Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption	We have the option to redeem all or part of the 2024 Dollar Senior Notes at the following redemption prices (expressed as percentages of principal amount) on or after August 15 th of the years indicated: Period 2024 Dollar Senior Notes Percentage 2019 103.656 % 2020 102.438 % 2021 101.219 % 2022 and thereafter 100.000 %
2024 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption	We have the option to redeem all or part of the 2024 Euro Senior Notes at the following redemption prices (expressed as percentages of principal amount) on or after August 15 th of the years indicated: Period 2024 Euro Senior Notes Percentage 2019 103.188 % 2020 102.125 % 2021 101.063 % 2022 and thereafter 100.000 %
2025 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument Redemption	We have the option to redeem all or part of the 2025 Euro Senior Notes at the following redemption prices (expressed as percentages of principal amount) on or after January 15 th of the years indicated: Period 2025 Euro Senior Notes Percentage 2020 102.813 % 2021 101.875 % 2022 100.938 % 2023 and thereafter 100.000 %

Financial Instruments, Hedgin_2

Financial Instruments, Hedging Activities and Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	The table below presents the fair values of our financial instruments measured on a recurring basis by level within the fair value hierarchy at December 31, 2019 and December 31, 2018 . December 31, 2019 December 31, 2018 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets Prepaid expenses and other current assets: Interest rate caps (1) $ — $ — $ — $ — $ — $ 4.5 $ — $ 4.5 Cross-currency swaps (2) — 14.4 — 14.4 — 14.1 — 14.1 Other assets: Interest rate caps (1) — — — — — 1.4 — 1.4 Cross-currency swaps (2) — 8.0 — 8.0 — — — — Investments in equity securities 0.6 — — 0.6 0.7 — — 0.7 Liabilities Other accrued liabilities: Interest rate caps (1) — 1.3 — 1.3 — — — — Interest rate swaps (1) — 8.9 — 8.9 — — — — Other liabilities: Interest rate caps (1) — 1.2 — 1.2 — — — — Interest rate swaps (1) — 20.5 — 20.5 — 2.9 — 2.9 Cross-currency swaps (2) — — — — — 8.8 — 8.8 Long-term borrowings: 2024 Dollar Senior Notes — 520.2 — 520.2 — 474.9 — 474.9 2024 Euro Senior Notes — 388.2 — 388.2 — 381.1 — 381.1 2025 Euro Senior Notes — 520.7 — 520.7 — 497.5 — 497.5 2024 Dollar Term Loans — 2,396.5 — 2,396.5 — 2,276.1 — 2,276.1 (1) Cash flow hedge (2) Net investment hedge
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following table presents the fair values of derivative instruments that qualify and have been designated as cash flow and net investment hedges included in AOCI: December 31, 2019 2018 AOCI: Interest rate caps (cash flow hedges) $ 3.5 $ (3.4 ) Interest rate swaps (cash flow hedges) 29.4 3.0 Cross-currency swaps (net investment hedges) (22.4 ) (27.7 ) Total $ 10.5 $ (28.1 )
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following tables set forth the locations and amounts recognized during the year ended December 31, 2019 , 2018 and 2017 for these cash flow and net investment hedges. Year Ended December 31, 2019 2018 2017 Derivatives in Cash Flow and Net Investment Hedges Location of (Gain) Loss Recognized in Income on Derivatives Net Amount of (Gain) Loss Recognized in OCI on Derivatives Amount of (Gain) Loss Recognized in Income Net Amount of (Gain) Loss Recognized in OCI on Derivatives Amount of (Gain) Loss Recognized in Income Net Amount of (Gain) Loss Recognized in OCI on Derivatives Amount of (Gain) Loss Recognized in Income Interest rate caps Interest expense, net $ 6.2 $ (0.7 ) $ (7.3 ) $ (1.9 ) $ 1.8 $ (2.7 ) Interest rate swaps Interest expense, net 27.7 1.3 4.3 1.3 — — Cross-currency swaps Interest expense, net (31.9 ) (14.7 ) (37.1 ) (9.4 ) — —
Derivatives Not Designated as Hedging Instruments [Table Text Block]	Fair value gains and losses of derivative contracts, as determined using Level 2 inputs, that have not been designated for hedge accounting treatment are recorded in earnings as follows: Derivatives Not Designated as Hedging Instruments under ASC 815 Location of (Gain) Loss Recognized in Income on Derivatives Year Ended December 31, 2019 2018 2017 Foreign currency forward contracts Other (income) expense, net $ 2.8 $ (7.9 ) $ 11.2 Interest rate cap Interest expense, net — — 0.6 Total $ 2.8 $ (7.9 ) $ 11.8

Segments (Tables)

Segments (Tables)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Revenue by Segment	Year Ended December 31, 2019 2018 (2) 2017 (2) Net sales (1) : Refinish $ 1,760.4 $ 1,759.6 $ 1,651.6 Industrial 1,163.0 1,273.5 1,031.7 Total Net sales Performance Coatings 2,923.4 3,033.1 2,683.3 Light Vehicle 1,208.4 1,307.2 1,337.1 Commercial Vehicle 350.4 355.7 356.6 Total Net sales Transportation Coatings 1,558.8 1,662.9 1,693.7 Total Net sales $ 4,482.2 $ 4,696.0 $ 4,377.0 Equity in earnings in unconsolidated affiliates: Performance Coatings $ 0.4 $ 0.4 $ 0.3 Transportation Coatings (0.1 ) (0.1 ) 0.7 Total $ 0.3 $ 0.3 $ 1.0 December 31, 2019 December 31, 2018 December 31, 2017 Investment in unconsolidated affiliates: Performance Coatings $ 2.4 $ 2.7 $ 2.9 Transportation Coatings 12.7 12.7 12.6 Total $ 15.1 $ 15.4 $ 15.5 (1) The Company has no intercompany sales between segments. (2) Net sales by segment for the years ended December 31, 2018 and 2017 were recast to include amounts previously classified as other revenue. See Note 1 for further information on the reclassification.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table reconciles our segment operating performance to income before income taxes for the periods presented: Year Ended December 31, 2019 2018 2017 Segment Adjusted EBIT (1) : Performance Coatings $ 449.1 $ 399.5 $ 309.3 Transportation Coatings 137.4 134.9 190.8 Total (2) 586.5 534.4 500.1 Interest expense, net 162.6 159.6 147.0 Debt extinguishment and refinancing related costs (a) 0.2 9.5 13.4 Termination benefits and other employee related costs (b) 35.2 81.7 35.2 Strategic review and retention costs (c) 13.4 — — Offering and transactional costs (d) 1.0 1.0 26.1 Loss on divestiture, impairment and deconsolidation (e) 21.1 — 77.9 Pension special events (f) (0.9 ) — 1.2 Accelerated depreciation (g) 24.3 10.3 6.0 Indemnity (income) losses (h) (0.4 ) 4.3 (0.1 ) Change in fair value of equity investments (i) — 0.5 — Step-up inventory (j) — — 3.8 Income before income taxes $ 330.0 $ 267.5 $ 189.6 (1) The primary measure of segment operating performance is Adjusted EBIT, which is defined as net income before interest, taxes and select other items impacting operating results. These other items impacting operating results are items that management has concluded are (1) non-cash items included within net income, (2) items the Company does not believe are indicative of ongoing operating performance or (3) non-recurring, unusual or infrequent items that have not occurred within the last two years or we believe are not reasonably likely to recur within the next two years. Adjusted EBIT is a key metric that is used by management to evaluate business performance in comparison to budgets, forecasts and prior year financial results, providing a measure that management believes reflects the Company’s core operating performance, which represents Adjusted EBIT adjusted for the select items referred to above. (2) Does not represent Axalta’s Adjusted EBIT referenced elsewhere by the Company. (a) Represents expenses related to the restructuring and refinancing of our indebtedness, which are not considered indicative of our ongoing operating performance. (b) Represents expenses and associated changes to estimates related to employee termination benefits and other employee-related costs. Employee termination benefits are associated with Axalta Way initiatives. These amounts are not considered indicative of our ongoing operating performance. (c) Represents costs for legal, tax and other advisory fees pertaining to our previously announced comprehensive review of strategic alternatives, as well as retention awards for certain employees. These amounts are not considered indicative of our ongoing performance. (d) Represents acquisition and divestiture-related expenses, all of which are not considered indicative of our ongoing operating performance. (e) Represents the impacts recognized on the sale of our interest in a joint venture business, deconsolidation of a subsidiary, and the impairments of certain manufacturing facilities (see Note 5 for further information) which are not considered indicative of our ongoing operating performance. The amount for the year ended December 31, 2017 includes $7.6 million of impairments recorded to other (income) expense, net in the consolidated statements of operations. See Note 10 for further information. (f) Represents pension charges incurred from our manufacturing footprint assessments, which we do not consider indicative of our ongoing operating performance. (g) Represents incremental depreciation expense resulting from truncated useful lives of the assets impacted by our manufacturing footprint assessments, which we do not consider indicative of our ongoing operating performance. (h) Represents indemnity (income) losses associated with the acquisition by Axalta of the DuPont Performance Coatings business, which we do not consider indicative of our ongoing operating performance. (i) Represents mark to market impacts of our equity investments, which we do not consider to be indicative of our ongoing operating performance. (j) Represents costs for non-cash fair value inventory adjustments associated with our business combinations, which we do not consider indicative of ongoing operating performance.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	Net sales by region were as follows: Year Ended December 31, 2019 2018 (1) 2017 (1) North America $ 1,795.1 $ 1,787.0 $ 1,610.5 EMEA 1,577.2 1,677.5 1,555.1 Asia Pacific 653.5 759.6 750.4 Latin America (2) 456.4 471.9 461.0 Total (3) $ 4,482.2 $ 4,696.0 $ 4,377.0 Net long-lived assets by region were as follows: Year Ended December 31, 2019 2018 North America $ 480.8 $ 477.4 EMEA 403.1 439.1 Asia Pacific 209.2 246.1 Latin America (2) 129.9 135.6 Total (4) $ 1,223.0 $ 1,298.2 (1) Net sales by region for the years ended December 31, 2018 and 2017 were recast to include amounts previously classified as other revenue. See Note 1 for further information on the reclassification. (2) Includes Mexico (3) Net Sales are attributed to countries based on location of the customer. Sales to external customers in China represented approximately 9% , 11% and 12% of the total for the years ended December 31, 2019 , 2018 and 2017 , respectively. Sales to external customers in Germany represented approximately 8% of the total for the years ended December 31, 2019 , 2018 and 2017 , respectively. Mexico represented 6% of the total for the years ended December 31, 2019 , 2018 and 2017 . Canada, which is included in the North America region, represents approximately 4% of total net sales for the years ended December 31, 2019 , 2018 and 2017 , respectively. (4) Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $233.6 million and $243.6 million in the years ended December 31, 2019 and 2018 , respectively. China long-lived assets amounted to $171.0 million and $203.8 million in the years ended December 31, 2019 and 2018 , respectively. Brazil long-lived assets amounted to approximately $51.9 million and $58.0 million in the years ended December 31, 2019 and 2018 , respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $25.0 million and $25.1 million in the years ended December 31, 2019 and 2018 , respectively.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income	Unrealized Currency Translation Adjustments Pension Plan Unrealized Gain on Securities Unrealized Accumulated Other Comprehensive Loss Balance, December 31, 2017 $ (208.8 ) $ (31.4 ) $ 0.8 $ (1.6 ) $ (241.0 ) Cumulative effect of an accounting change — — (0.8 ) — (0.8 ) Balance at January 1, 2018 (208.8 ) (31.4 ) — (1.6 ) (241.8 ) Current year deferrals to AOCI (90.6 ) (5.8 ) — 1.7 (94.7 ) Reclassifications from AOCI to Net income — 0.8 — (0.4 ) 0.4 Net Change (90.6 ) (5.0 ) — 1.3 (94.3 ) Balance, December 31, 2018 $ (299.4 ) $ (36.4 ) $ — $ (0.3 ) $ (336.1 ) Unrealized Currency Translation Adjustments Pension Plan Unrealized Unrealized Gain (Loss) on Derivatives Accumulated Other Comprehensive Loss Balance, December 31, 2016 $ (292.2 ) $ (56.6 ) $ 0.4 $ (2.0 ) $ (350.4 ) Current year deferrals to AOCI 83.4 17.1 0.4 (1.6 ) 99.3 Reclassifications from AOCI to Net income — 8.1 — 2.0 10.1 Net Change 83.4 25.2 0.4 0.4 109.4 Balance, December 31, 2017 $ (208.8 ) $ (31.4 ) $ 0.8 $ (1.6 ) $ (241.0 ) Unrealized Currency Translation Adjustments Pension Plan Adjustments Unrealized Gain on Securities Unrealized Gain (Loss) on Derivatives Accumulated Other Comprehensive Loss Balance, December 31, 2018 $ (299.4 ) $ (36.4 ) $ — $ (0.3 ) $ (336.1 ) Current year deferrals to AOCI (0.2 ) (33.2 ) — (28.8 ) (62.2 ) Reclassifications from AOCI to Net income 2.6 (0.3 ) — 0.5 2.8 Net Change 2.4 (33.5 ) — (28.3 ) (59.4 ) Balance, December 31, 2019 $ (297.0 ) $ (69.9 ) $ — $ (28.6 ) $ (395.5 )

Quarterly Financial Informati_2

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	The following is a summary of the quarterly results of operations for the years ended December 31, 2019 and 2018 , respectively: (In millions, except per share data) 2019 March 31 June 30 September 30 December 31 Full Year Net sales $ 1,119.3 $ 1,157.5 $ 1,107.0 $ 1,098.4 $ 4,482.2 Cost of goods sold 751.3 748.4 707.4 710.8 2,917.9 Income from operations 98.6 157.9 123.0 108.7 488.2 Net income 44.1 99.9 66.4 42.2 252.6 Net income attributable to controlling interests 43.4 98.4 65.5 41.7 249.0 Basic net income per share $ 0.19 $ 0.42 $ 0.28 $ 0.18 $ 1.06 Diluted net income per share $ 0.18 $ 0.42 $ 0.28 $ 0.18 $ 1.06 2018 March 31 June 30 September 30 (1) December 31 Full Year Net sales $ 1,172.0 $ 1,212.2 $ 1,146.0 $ 1,165.8 $ 4,696.0 Cost of goods sold 776.0 793.8 759.1 777.4 3,106.3 Income from operations 120.0 146.5 47.8 127.8 442.1 Net income (loss) 71.0 77.1 (11.6 ) 76.8 213.3 Net income (loss) attributable to controlling interests 69.9 74.9 (13.1 ) 75.4 207.1 Basic net income (loss) per share $ 0.29 $ 0.31 $ (0.05 ) $ 0.32 $ 0.87 Diluted net income (loss) per share $ 0.28 $ 0.31 $ (0.05 ) $ 0.32 $ 0.85 (1) During the three months ended September 30, 2018, the Company announced the closure of the Mechelen, Belgium manufacturing facility and recorded severance costs of $70.6 million . See further discussion in Note 5.

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2019	Jan. 01, 2018
Accounting Policies [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount		40.00%
Payments to Noncontrolling Interests	$ 26.9	$ 31.1	$ 26.9	$ 0
Cumulative effect of an accounting change					$ (0.7)	$ 12.2
Minimum [Member]
Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life		2 years
Maximum [Member]
Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life		25 years
Subsidiaries [Member]
Accounting Policies [Line Items]
Ownership Interest in Subsidiary		100.00%

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies Correction of Immaterial Errors (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net Cash Provided by (Used in) Investing Activities	$ (93.9)	$ (189.2)	$ (689.6)
Net Cash Provided by (Used in) Financing Activities	$ (158.4)	(368.2)	$ 367.3
Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net Cash Provided by (Used in) Investing Activities		(216.1)
Net Cash Provided by (Used in) Financing Activities		$ (341.3)

Revenue - Additional Informatio

Revenue - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Business incentive plan assets [Line Items]
Business Incentive Plan Assets	$ 191.2	$ 190.8
Capitalized Contract Cost, Amortization	66.9	65.5	$ 65
Upfront Incentive Payment	79	56
Contract with Customer, Asset, Net	37.5	47.2
Other Assets [Member]
Business incentive plan assets [Line Items]
Upfront Incentive Payment	$ 71	$ 49.8

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of consolidated joint venture		$ 8.2	$ 0	$ 0
Ownership Percentage by Parent		100.00%
Payments to Noncontrolling Interests	$ 26.9	$ 31.1	$ 26.9	$ 0
Percentage of Voting Interests Acquired		24.50%
Asia Pacific [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Percent of Joint Venture Sold		60.00%
Proceeds from sale of consolidated joint venture		$ 8.2
Loss on Divestiture		$ (3.4)
Percentage of Voting Interests Acquired		40.00%

Goodwill and Identifiable Int_3

Goodwill and Identifiable Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 1,230.8	$ 1,271.2
Goodwill from acquisitions	0.5	2.9
Goodwill, Purchase Accounting Adjustments	1.4	(0.2)
Goodwill, Divestiture	(5.6)
Foreign currency translation	(18.2)	(43.1)
Goodwill, ending balance	1,208.9	1,230.8
Performance Coatings [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	1,151.5	1,189.2
Goodwill from acquisitions	0.5	2.9
Goodwill, Purchase Accounting Adjustments	1.4	(0.2)
Goodwill, Divestiture	(5.6)
Foreign currency translation	(16.9)	(40.4)
Goodwill, ending balance	1,130.9	1,151.5
Transportation Coatings [Member]
Goodwill [Roll Forward]
Goodwill, beginning balance	79.3	82
Goodwill from acquisitions	0	0
Goodwill, Purchase Accounting Adjustments	0	0
Goodwill, Divestiture	0
Foreign currency translation	(1.3)	(2.7)
Goodwill, ending balance	$ 78	$ 79.3

Goodwill and Identifiable Int_4

Goodwill and Identifiable Intangible Assets - Gross Carrying Amounts and Accumulated Amortization of Identifiable Intangible Assets by Major Class (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 1,843.8	$ 1,860.9
Accumulated Amortization	(619.9)	(512.9)
Net Book Value, definite-lived	1,223.9	1,348
Trademarks [Member]
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Net Book Value, indefinite-lived	(264.9)	(269)
Technology-Based Intangible Assets [Member]
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	540.2	545.7
Accumulated Amortization	(310.6)	(260.7)
Net Book Value, definite-lived	$ 229.6	$ 285
Weighted average amortization periods (years)	10 years 4 months 24 days	10 years 4 months 24 days
Trademarks [Member]
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 99.7	$ 100.6
Accumulated Amortization	(30.1)	(24)
Net Book Value, definite-lived	$ 69.6	$ 76.6
Weighted average amortization periods (years)	15 years 9 months 18 days	15 years 9 months 18 days
Customer Relationships [Member]
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 923.8	$ 929.9
Accumulated Amortization	(271.3)	(222.9)
Net Book Value, definite-lived	$ 652.5	$ 707
Weighted average amortization periods (years)	19 years 1 month 6 days	19 years 1 month 6 days
Other Intangible Assets [Member]
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Line Items]
Gross Carrying Amount	$ 15.2	$ 15.7
Accumulated Amortization	(7.9)	(5.3)
Net Book Value, definite-lived	$ 7.3	$ 10.4
Weighted average amortization periods (years)	5 years	5 years 1 month 6 days

Goodwill and Identifiable Int_5

Goodwill and Identifiable Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Trademarks [Member]
Goodwill [Line Items]
Weighted average amortization periods (years)	15 years 9 months 18 days	15 years 9 months 18 days
In Process Research and Development [Member]
Goodwill [Line Items]
Indefinite-lived Intangible Assets (Excluding Goodwill)	$ 1.9	$ 2.3

Goodwill and Identifiable Int_6

Goodwill and Identifiable Intangible Assets - Schedule of Expected Amortization Expense (Details) $ in Millions	Dec. 31, 2019USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2020	$ 113
2021	112.4
2022	110.3
2023	71
2024	$ 66.2

Restructuring - Restructuring

Restructuring - Restructuring Reserve (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 102.7	$ 71.5	$ 66.1
Expense recorded	34.4	79.8	36.2
Payments made	(57.3)	(46.4)	(36.1)
Foreign currency translation	1.8	2.2	6.8
Venezuela deconsolidation impact			(1.5)
Ending Balance	$ 78	$ 102.7	$ 71.5

Restructuring - Additional Inf

Restructuring - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]
Accelerated depreciation	$ 24.3	$ 10.3	$ 6
Expense recorded	34.4	79.8	36.2
Operating asset impairment	$ 17.7		$ 7.6
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Payment term	12 months
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Payment term	24 months
Facility Closing [Member]
Restructuring Cost and Reserve [Line Items]
Effect on future earnings, amount	$ 30
Facility Closing [Member] | Facility Closing - Mechelen, Belguim [Member]
Restructuring Cost and Reserve [Line Items]
Severance costs	90
Other restructuring costs	5
Expense recorded	80.9	$ 43.2
Facility Closing [Member] | Facility Closing - Mechelen, Belguim [Member] | Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Expected cost	135
Accelerated depreciation	40
Facility Closing [Member] | Facility Closing - Mechelen, Belguim [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Expected cost	140
Accelerated depreciation	45
Facility Closing [Member] | Transfer and Production Start-up [Member]
Restructuring Cost and Reserve [Line Items]
Cost incurred to date	8
Facility Closing [Member] | Transfer and Production Start-up [Member] | Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Expected cost	35
Facility Closing [Member] | Transfer and Production Start-up [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Expected cost	$ 45

Commitments and Contingencies

Commitments and Contingencies - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Outstanding bank guarantees	$ 11.6	$ 12.7
Bank guarantees liability recorded	$ 0	$ 0

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Operating lease assets, net	$ 95.6	$ 0
Finance lease assets, net	66.9
Total leased assets	162.5
Operating lease liabilities, Current	29.3	$ 0
Finance lease liabilities, Current	2.9
Operating lease liabilities, Noncurrent	69.5
Finance lease liabilities, Noncurrent	62.2
Total lease liabilities	163.9
Operating lease, accumulated amortization	(18.4)
Finance lease, accumulated amortization	$ (4.6)

Leases - Lease Expense (Details

Leases - Lease Expense (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Amortization of right-of-use assets	$ 4.1
Interest on lease liabilities	3.5
Operating lease cost	36.5
Variable lease cost	2.9
Short-term lease cost	1.2
Net lease cost	$ 48.2

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 36.8
Operating cash flows from finance leases	3.5
Financing cash flows from finance leases	1.9
Operating leases, Right-of-use assets obtained in exchange for lease obligations	23.3
Finance leases, Right-of-use assets obtained in exchange for lease obligations	$ 0.5

Leases - Lease Information (Det

Leases - Lease Information (Details)	Dec. 31, 2019
Leases [Abstract]
Weighted-average remaining lease term, Operating leases	4 years 10 months 24 days
Weighted-average remaining lease term, Finance leases	16 years 8 months 12 days
Weighted-average discount rate, Operating leases	3.60%
Weighted-average discount rate, Finance leases	5.20%

Leases - Maturities of Lease Li

Leases - Maturities of Lease Liabilities (Details) $ in Millions	Dec. 31, 2019USD ($)
Operating Leases
2020	$ 31.1
2021	24.8
2022	17.1
2023	12.6
2024	6.4
Thereafter	17.2
Total lease payments	109.2
Less: imputed interest	10.4
Present value of lease liabilities	98.8
Finance Leases
2020	5.9
2021	5.6
2022	5.8
2023	5.8
2024	5.8
Thereafter	71.9
Total lease payments	100.8
Less: imputed interest	35.7
Present value of lease liabilities	$ 65.1

Leases - Sale-leaseback Obligat

Leases - Sale-leaseback Obligations (Details) $ in Millions	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 5.3
2020	5.4
2021	5.4
2022	5.7
2023	5.7
Thereafter	77.1
Total minimum payments	$ 104.6

Leases - Operating Lease Maturi

Leases - Operating Lease Maturity ASC 840 (Details) $ in Millions	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 34.6
2020	23.5
2021	17.1
2022	13.2
2023	11.5
Thereafter	16.6
Total minimum payments	$ 116.5

Long-term Employee Benefits -

Long-term Employee Benefits - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Percent of actuarial losses in excess of market value or PBO to be Included in periodic benefit costs (exceeding)	10.00%
Defined contribution plan, employer contribution amount	$ 48.7	$ 43.8	$ 45.1
VENEZUELA
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss, pre-tax			(8.5)
AOCI loss due to Venezuela deconsolidation, after Tax			$ (5.9)
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss, pre-tax	$ (96.4)	$ (50.2)
Rate of return on plan assets to determine net cost	3.71%
Estimated future employer contribution	$ 5.8
Europe [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension benefit obligation, percentage by region	85.00%

Long-term Employee Benefits _2

Long-term Employee Benefits - Schedule of Defined Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Amounts recognized in the consolidated balance sheets consist of:
Accrued pensions	$ (285.2)	$ (261.9)
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Total	(96.4)	(50.2)
Change in benefit obligation:
Projected benefit obligation at beginning of year	583.7	636.9
Service cost	7.2	8.8	$ 9
Interest cost	13.1	13.1	13.8
Participant contributions	1.2	1.3
Actuarial losses (gains), net	60.9	(3.3)
Plan curtailments, settlements and special termination benefits	(7.1)	(19.4)
Benefits paid	(22.5)	(25.6)
Business combinations and other adjustments	(0.1)	0.7
Foreign currency translation	4.3	(28.8)
Projected benefit obligation at end of year	640.7	583.7	636.9
Change in plan assets:
Fair value of plan assets at:	332.3	365
Actual return on plan assets	28.3	(1.4)
Employer contributions	16.9	24.6
Participant contributions	1.2	1.3
Benefits paid	22.5	25.6
Settlements	(7.4)	(12.5)
Business combinations and other adjustments	(0.1)	(0.1)
Foreign currency translation	8.2	(19)
Fair value of plan assets at:	356.9	332.3	$ 365
Funded status, net	(283.8)	(251.4)
Amounts recognized in the consolidated balance sheets consist of:
Other assets	13	22
Other accrued liabilities	(11.6)	(11.5)
Accrued pensions	(285.2)	(261.9)
Net amount recognized	$ (283.8)	$ (251.4)

Long-term Employee Benefits _3

Long-term Employee Benefits - Schedule of Accumulated and Projected Benefit Obligations (Details) - Pension Plan [Member] - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
ABO	$ 613.5	$ 559.9
Plans with PBO in excess of plan assets:
PBO	401	375.6
ABO	374.2	352
Fair value plan assets	104.2	102.2
Plans with ABO in excess of plan assets:
PBO	401	370.2
ABO	374.2	349.1
Fair value plan assets	$ 104.2	$ 99.3

Long-term Employee Benefits _4

Long-term Employee Benefits - Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Details) - Pension Plan [Member] - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Accumulated net actuarial losses	$ (97.9)	$ (51.8)
Accumulated prior service credit	1.5	1.6
Total	$ (96.4)	$ (50.2)

Long-term Employee Benefits _5

Long-term Employee Benefits - Schedule of Amounts in Accumulated Other Comprehensive Income to be Amortized (Details) - Pension Plan [Member] $ in Millions	Dec. 31, 2019USD ($)
Defined Benefit Plan Disclosure [Line Items]
Amortization of net actuarial losses, net	$ (3.5)
Amortization of prior service credit, net	0.1
Total	$ (3.4)

Long-term Employee Benefits _6

Long-term Employee Benefits - Schedule of Net Benefit Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Changes in plan assets and benefit obligations recognized in other comprehensive loss (income):
Net actuarial loss (gain), net	$ 46.1	$ 6.4	$ (31.3)
Pension Plan [Member]
Net periodic benefit cost:
Service cost	7.2	8.8	9
Interest cost	13.1	13.1	13.8
Expected return on plan assets	(13.9)	(16.1)	(15)
Amortization of actuarial loss, net	1.9	1.3	1.4
Amortization of prior service credit	(0.1)	(0.1)	0
Curtailment gain	(2.3)	(0.7)	0
Settlement loss	1.1	0.6	0.2
Special termination benefit loss	0.3	0	1
Net periodic benefit cost	7.3	6.9	10.4
Changes in plan assets and benefit obligations recognized in other comprehensive loss (income):
Net actuarial loss (gain), net	46.7	6.7	(20.6)
Amortization of actuarial loss, net	(1.9)	(1.3)	(1.4)
Prior service cost (credit)	0	0.8	(1.2)
Amortization of prior service credit	0.1	0.1	0
Curtailment gain	2.3	0.7	0
Settlement loss	(1.1)	(0.6)	(0.2)
Other adjustments	0	0	(7.9)
Total loss (gain) recognized in other comprehensive loss (income)	46.1	6.4	(31.3)
Total recognized in comprehensive loss (income)	$ 53.4	$ 13.3	$ (20.9)

Long-term Employee Benefits _7

Long-term Employee Benefits - Schedule of Assumptions Used (Details) - Pension Plan [Member]	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Disclosure [Line Items]
Discount rate to determine benefit obligation	1.58%	2.27%	2.13%
Discount rate to determine net cost	2.27%	2.13%	2.52%
Rate of future compensation increases to determine benefit obligation	2.73%	2.68%	2.69%
Rate of future compensation increases to determine net cost	2.68%	2.69%	3.07%
Rate of return on plan assets to determine net cost	4.21%	4.47%	4.73%

Long-term Employee Benefits _8

Long-term Employee Benefits - Schedule of Expected Benefit Payments (Details) - Pension Plan [Member] $ in Millions	Dec. 31, 2019USD ($)
Defined Benefit Plan Disclosure [Line Items]
2020	$ 32.6
2021	27.8
2022	29.3
2023	32.1
2024	36.2
2025—2029	$ 181.7

Long-term Employee Benefits _9

Long-term Employee Benefits - Schedule of Allocation of Plan Assets (Details) - Pension Plan [Member]	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Minimum [Member] | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	20.00%	15.00%
Target Allocation	0.2
Minimum [Member] | Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	30.00%	25.00%
Target Allocation	0.3
Minimum [Member] | Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	0.00%	0.00%
Target Allocation	0
Minimum [Member] | Other Assets [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	40.00%	45.00%
Target Allocation	0.4
Maximum [Member] | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	25.00%	20.00%
Target Allocation	0.25
Maximum [Member] | Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	35.00%	30.00%
Target Allocation	0.35
Maximum [Member] | Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	5.00%	5.00%
Target Allocation	.05
Maximum [Member] | Other Assets [Member]
Defined Benefit Plan Disclosure [Line Items]
Actual plan asset allocations	45.00%	50.00%
Target Allocation	0.45

Long-term Employee Benefits - S

Long-term Employee Benefits - Schedule of Fair Value of Defined Benefit Pension Plan Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 134.1	$ 151.7	$ 158
Private Equity Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	123.8	126.9	135.7
Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.3	13.6	13.5
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	356.9	332.3	$ 365
Pension Plan [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	156.9	129.7
Pension Plan [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	30.4	32.9
Pension Plan [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	134.1	151.7
Pension Plan [Member] | Fair Value, Inputs, Level 1, 2 and 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	321.4	314.3
Pension Plan [Member] | Fair Value Measured at Net Asset Value Per Share [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	35.5	19.5
Pension Plan [Member] | Cash and Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	4.5
Pension Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	4.4
Pension Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0.1
Pension Plan [Member] | Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plan [Member] | US Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	36	23.7
Pension Plan [Member] | US Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	35.7	23.4
Pension Plan [Member] | US Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Pension Plan [Member] | US Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.3	0.3
Pension Plan [Member] | Non-US Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	45.8	42.9
Pension Plan [Member] | Non-US Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	42.9	39.9
Pension Plan [Member] | Non-US Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.4	1
Pension Plan [Member] | Non-US Equity Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2.5	2
Pension Plan [Member] | Government Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	69.6	70.9
Pension Plan [Member] | Government Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	45	41.1
Pension Plan [Member] | Government Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	19.9	23.3
Pension Plan [Member] | Government Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4.7	6.5
Pension Plan [Member] | Corporate Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	40.2	29.1
Pension Plan [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	28.3	19.7
Pension Plan [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	9.4	7
Pension Plan [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2.5	2.4
Pension Plan [Member] | Private Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	125.8	129.6
Pension Plan [Member] | Private Equity Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1.2
Pension Plan [Member] | Private Equity Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0.7	1.5
Pension Plan [Member] | Private Equity Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 124.1	126.9
Pension Plan [Member] | Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		13.6
Pension Plan [Member] | Real Estate [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Pension Plan [Member] | Real Estate [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		0
Pension Plan [Member] | Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		13.6
Pension Plan [Member] | Pension Trust Liability [Member] | Fair Value Measured at Net Asset Value Per Share [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		$ (1.5)

Long-term Employee Benefits _10

Long-term Employee Benefits - Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Change in plan assets:
Fair value of plan assets at:	$ 151.7	$ 158
Change in unrealized gain	2.5	(4.2)
Purchases, sales, issues and settlements	(8.6)	(2.1)
Transfers out of Level 3	(11.5)
Fair value of plan assets at:	134.1	151.7
Private Equity Funds [Member]
Change in plan assets:
Fair value of plan assets at:	126.9	135.7
Change in unrealized gain	1.5	(4.4)
Purchases, sales, issues and settlements	(4.6)	(4.4)
Transfers out of Level 3	0
Fair value of plan assets at:	123.8	126.9
Debt and Equity [Member]
Change in plan assets:
Fair value of plan assets at:	11.2	8.8
Change in unrealized gain	0.7	(0.2)
Purchases, sales, issues and settlements	(1.9)	2.6
Transfers out of Level 3	0
Fair value of plan assets at:	10	11.2
Real Estate [Member]
Change in plan assets:
Fair value of plan assets at:	13.6	13.5
Change in unrealized gain	0.3	0.4
Purchases, sales, issues and settlements	(2.1)	(0.3)
Transfers out of Level 3	(11.5)
Fair value of plan assets at:	$ 0.3	$ 13.6

Stock-based Compensation - Add

Stock-based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 15.7	$ 37.3	$ 38.5
Tax benefit from compensation expense	$ 0.3	$ 6.7	$ 12.1
Grant date fair value (in dollars per share)	$ 6.98	$ 6.78	$ 7.69
Award vesting period (in years)	3 years
Proceeds from option exercises	$ 50.3	$ 17.4	$ 24.8
Tax benefit from exercise of stock options	11.6
Intrinsic value on options exercised	56.6	33.6	42.2
Vested in period, fair value	5.4	6.8	5.2
Unrecognized compensation cost	$ 2.8
Period for recognition of compensation not yet recognized (in years)	1 year 6 months
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period (in years)	10 years
Restricted Stock and Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period for recognition of compensation not yet recognized (in years)	1 year 4 months 24 days
Restricted stock grants in period (in shares)	0.7
Unrecognized compensation cost	$ 11.9
Aggregate intrinsic value, vested	19.7	36.2	30.1
Vested in period, fair value	20.9	$ 35.3	$ 29.4
Tax shortfall	$ 0.2
Restricted Stock and Restricted Stock Units [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)	3 years
Restricted Stock and Restricted Stock Units [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)	4 years
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		3 years
Period for recognition of compensation not yet recognized (in years)	1 year 10 months 24 days
Restricted stock grants in period (in shares)	0.3
Unrecognized compensation cost	$ 6.9
Performance Shares [Member] | Individual Performance Period [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)	1 year
Performance Shares [Member] | Cumulative Performance Period [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)	3 years
Performance Shares [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Actual award percent	0.00%	0.00%
Performance Shares [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Actual award percent	200.00%	200.00%
2014 Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average dividend rate	0.00%	0.00%	0.00%

Stock-based Compensation - Sch

Stock-based Compensation - Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Details) - 2014 Plan [Member] - Employee Stock Option [Member]	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term	6 years	6 years	6 years
Volatility	20.25%	20.27%	21.75%
Dividend Yield	0.00%	0.00%	0.00%
Discount Rate	2.47%	2.66%	2.03%

Stock-based Compensation - S_2

Stock-based Compensation - Schedule of Stock Options Roll Forward (Details) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	7.2
Granted (in shares) | shares	0.8
Exercised (in shares) | shares	(3.9)
Forfeited (in shares) | shares	(1.1)
Ending balance (in shares) | shares	3
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Beginning balance (in dollars per share) | $ / shares	$ 19.32
Granted (in dollars per share) | $ / shares	26.91
Exercised (in dollars per share) | $ / shares	12.92
Forfeited (in dollars per share) | $ / shares	29.41
Ending balance (in dollars per share) | $ / shares	$ 25.92
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest [Abstract]
Vested and expected to vest (in shares) | shares	3
Vested and expected to vest, weighted average exercise price (in dollars per share) | $ / shares	$ 25.92
Vested and expected to vest, aggregate intrinsic value | $	$ 15.1
Vested and expected to vest, weighted average remaining contractual term (in years)	5 years 10 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Exercisable (in shares) | shares	2
Exercisable, weighted average exercise price (in dollars per share) | $ / shares	$ 24.86
Exercisable, aggregate intrinsic value | $	$ 12.6
Exercisable, weighted average remaining contractual term (in years)	4 years 5 months 26 days

Stock-based Compensation - S_3

Stock-based Compensation - Schedule of Share-based Compensation, Restricted Stock and Restricted Units Activity (Details) - Restricted Stock and Restricted Stock Units [Member] shares in Millions	12 Months Ended
	Dec. 31, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	1.6
Granted (in shares) | shares	0.7
Vested (in shares) | shares	(0.7)
Forfeited (in shares) | shares	(0.4)
Ending balance (in shares) | shares	1.2
Beginning balance (in dollars per share) | $ / shares	$ 29.12
Granted (in dollars per share) | $ / shares	26.99
Vested (in dollars per share) | $ / shares	28.43
Forfeited (in dollars per share) | $ / shares	28.51
Ending balance (in dollars per share) | $ / shares	$ 28.45

Stock-based Compensation - S_4

Stock-based Compensation - Schedule of Performance Stock Awards and PSUs (Details) - Performance Shares [Member] shares in Millions	12 Months Ended
	Dec. 31, 2019$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	0.8
Granted (in shares) | shares	0.3
Vested (in shares) | shares	0
Forfeited (in shares) | shares	(0.6)
Ending balance (in shares) | shares	0.5
Beginning balance (in dollars per share) | $ / shares	$ 31.82
Granted (in dollars per share) | $ / shares	29.10
Vested (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	30.38
Ending balance (in dollars per share) | $ / shares	$ 32.11

Other Expense, Net - Schedule

Other Expense, Net - Schedule of Other Non-operating Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Other Income and Expenses [Abstract]
Foreign exchange losses, net	$ 8.3	$ 9.2	$ 7.4
Non-operational asset impairment charges	0	0	7.6
Debt extinguishment and refinancing related costs	0.2	9.5	13.4
Other miscellaneous income, net	(12.9)	(3.7)	(1.3)
Total	$ (4.4)	$ 15	$ 27.1

Other Expense, Net - Additiona

Other Expense, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Other Income Expense [Line Items]
Non-operational asset impairment charges	$ 0	$ 0	$ 7.6
Subsidiaries [Member]
Other Income Expense [Line Items]
Exchange gains (losses)		$ (1.8)

Income Taxes - Additional Info

Income Taxes - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)Jurisdiction	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Income Tax Disclosure [Abstract]
Provisional income tax expense (benefit)			$ 107.8
Deferred tax asset, provisional income tax expense			81.1
Valuation allowance			26.1
Withholding tax on unremitted earnings			0.6
U.S. tax reform	$ 0	$ 12.5	$ (107.8)
Tax loss carryforwards related to the impact of the Netherlands enacted rate change	$ 151.5	$ 113.6
Number of foreign income tax jurisdictions | Jurisdiction	46

Income Taxes - Schedule of Inc

Income Taxes - Schedule of Income before Income Tax, Domestic and Foreign (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Domestic	$ 223.4	$ 194.8	$ 41.8
Foreign	106.6	72.7	147.8
Income before income taxes	$ 330	$ 267.5	$ 189.6

Income Taxes - Schedule of Com

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current Income Tax Expense (Benefit), Continuing Operations [Abstract]
U.S. federal	$ 8.3	$ 7.2	$ 4.6
U.S. state and local	5.3	2.7	1.7
Foreign	48.1	38.2	43.9
Total	61.7	48.1	50.2
Deferred Income Tax Expense (Benefit), Continuing Operations [Abstract]
U.S. federal	27.1	6.8	102.8
U.S. state and local	(9.2)	12.8	0.4
Foreign	(2.2)	(13.5)	(11.5)
Total	15.7	6.1	91.7
U.S. federal	35.4	14	107.4
U.S. state and local	(3.9)	15.5	2.1
Foreign	45.9	24.7	32.4
Total	$ 77.4	$ 54.2	$ 141.9

Income Taxes - Schedule of Eff

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory U.S. federal income tax rate	$ 69.3	$ 56.2	$ 66.4
Earnings generated in jurisdictions where the statutory rate is different from the U.S. Federal rate	(16.3)	(26.8)	(80.3)
Changes in valuation allowances	18.8	(37.5)	45.3
Foreign exchange gain (loss), net	(2.8)	26.7	6.4
Unrecognized tax benefits	11.2	18.9	3.1
Foreign taxes	21.4	6.7	4.1
Non-deductible interest	0.3	4.8	9.8
Non-deductible expenses	3.8	3.8	4.6
Tax credits	(3.9)	(6.6)	(4.2)
Excess tax benefits relating to stock-based compensation	(11.4)	(6.6)	(13.1)
U.S. tax reform	0	(12.5)	107.8
Base erosion and anti-abuse tax	4.3	2.7	0
Venezuela deconsolidation and impairment	0	0	(2)
U.S. state and local taxes, net	6.6	1.8	1.3
Other - net	(23.9)	22.6	(7.3)
Total	$ 77.4	$ 54.2	$ 141.9
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Statutory U.S. federal income tax rate	21.00%	21.00%	35.00%
Earnings generated in jurisdictions where the statutory rate is different from the U.S. Federal rate	(4.90%)	(10.00%)	(42.40%)
Changes in valuation allowances	5.70%	(14.00%)	23.90%
Foreign exchange gain (loss), net	(0.80%)	10.00%	3.40%
Unrecognized tax benefits	3.40%	7.10%	1.60%
Foreign taxes	6.50%	2.50%	2.20%
Non-deductible interest	0.10%	1.80%	5.20%
Non-deductible expenses	1.20%	1.40%	2.40%
Tax credits	(1.20%)	(2.40%)	(2.20%)
Excess tax benefits relating to stock-based compensation	(3.50%)	(2.40%)	(6.90%)
U.S. tax reform	0.00%	(4.70%)	56.80%
Base erosion and anti-abuse tax	1.30%	1.00%	0.00%
Venezuela deconsolidation and impairment	0.00%	0.00%	1.00%
U.S. state and local taxes, net	2.00%	0.70%	0.70%
Other - net (3)	(7.30%)	8.30%	(4.00%)
Total income tax provision / effective tax rate	23.50%	20.30%	74.70%
Tax expense related to the impact of the Netherlands enacted rate change on deferred tax assets	$ 24.9
Tax expense related to the impact of the Netherlands enacted rate change on deferred tax assets	$ 24.9

Income Taxes - Schedule of Def

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Deferred tax asset
Tax loss, credit and interest carryforwards	$ 245.3	$ 238.5
Compensation and employee benefits	80.8	80.1
Accruals and other reserves	17.2	25.5
Research and development capitalization	6.5	7.7
Equity investment and other securities	28.3	20.1
Finance leases	19.1	0
Other	3.7	3
Total deferred tax assets	400.9	374.9
Less: valuation allowance	(178.3)	(159)
Total deferred tax assets, net of valuation allowance	222.6	215.9
Deferred tax liabilities
Goodwill and intangibles	(20.8)	(17.4)
Property, plant and equipment	(147.7)	(144.7)
Unremitted earnings	(6)	(7.4)
Long-term debt	(1.3)	(2.4)
Total deferred tax liabilities	(175.8)	(171.9)
Net deferred tax asset	46.8	44
Deferred Tax Assets, Net, Classification [Abstract]
Non-current assets	162.3	184.8
Non-current liability	(115.5)	(140.8)
Net deferred tax asset	$ 46.8	$ 44

Income Taxes - Tax loss, tax c

Income Taxes - Tax loss, tax credit and interest carryforwards (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Operating Loss Carryforwards [Line Items]
Total tax loss, tax credit and interest carryforwards	$ 245.3	$ 238.5
Expires within 10 years
Operating Loss Carryforwards [Line Items]
Tax loss carryforwards (tax effected)	75.9	53.3
Tax credit carryforwards	1.9	17.3
Interest carryforwards (1)	1.2	2.2
Expires after 10 years or indefinite
Operating Loss Carryforwards [Line Items]
Tax loss carryforwards (tax effected)	106.7	121.6
Tax credit carryforwards	24.4	20.9
Interest carryforwards (1)	$ 35.2	$ 23.2

Income Taxes - Valuation Allow

Income Taxes - Valuation Allowance (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Valuation Allowance [Line Items]
Total valuation allowance	$ 178.3	$ 159
Geographic Distribution, Foreign [Member]
Valuation Allowance [Line Items]
Total valuation allowance	175.8	133.8
Geographic Distribution, Domestic [Member]
Valuation Allowance [Line Items]
Total valuation allowance	$ 2.5	$ 25.2

Income Taxes - Schedule of Tot

Income Taxes - Schedule of Total Gross Unrecognized Tax Benefits (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning Balance	$ 37,000,000	$ 17,200,000	$ 12,300,000
Increases related to positions taken on items from prior years	3,900,000	3,400,000	1,900,000
Decreases related to positions taken on items from prior years	(1,000,000)	(1,800,000)	0
Increases related to positions taken in the current year	5,500,000	18,200,000	3,000,000
Settlement of uncertain tax positions with tax authorities	(100,000)	0	0
Ending Balance	45,300,000	37,000,000	17,200,000
Total accrual for interest and penalties associated with unrecognized tax benefits	5,000,000	3,100,000	1,200,000
Total gross unrecognized tax benefits at December 31, including interest and penalties	50,300,000	40,100,000	18,400,000
Total unrecognized tax benefits that, if recognized, would impact the effective tax rate	31,700,000	25,200,000	9,700,000
Interest and penalties included as components of the Provision (benefit) for income taxes	$ 1,900,000	$ 1,900,000	$ 100,000

Earnings Per Common Share - Sc

Earnings Per Common Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Net income attributable to controlling interests	$ 41.7	$ 65.5	$ 98.4	$ 43.4	$ 75.4	$ (13.1)	$ 74.9	$ 69.9	$ 249	$ 207.1	$ 36.7
Basic weighted average shares outstanding (in dollars per share)									233.9	239	240.4
Diluted weighted average shares outstanding (in dollars per share)									235.8	242.9	246.1
Net income per common share:
Basic net income per share (in dollars per share)	$ 0.18	$ 0.28	$ 0.42	$ 0.19	$ 0.32	$ (0.05)	$ 0.31	$ 0.29	$ 1.06	$ 0.87	$ 0.15
Diluted net income per share (in dollars per share)	$ 0.18	$ 0.28	$ 0.42	$ 0.18	$ 0.32	$ (0.05)	$ 0.31	$ 0.28	$ 1.06	$ 0.85	$ 0.15

Earnings Per Common Share - Ad

Earnings Per Common Share - Additional Information (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	2.6	2.6	1.8

Accounts and Notes Receivable_3

Accounts and Notes Receivable, Net - Schedule of Accounts, Notes, Loans, and Financing Receivable (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
Accounts receivable—trade, net (1)	$ 718.4	$ 739.9
Notes receivable	24.7	36.1
Other	87	84.8
Total	830.1	860.8
Allowance for Doubtful Accounts Receivable, Current	$ 16	$ 15.4

Accounts and Notes Receivable_4

Accounts and Notes Receivable, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Receivables [Abstract]
Bad debt expense	$ 5.5	$ 2.3	$ 3.5

Inventories - Schedule of Inve

Inventories - Schedule of Inventory (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Finished products	$ 327.4	$ 334
Semi-finished products	109.9	108
Raw materials	133.7	149.9
Inventory, Supplies, Net of Reserves	20.6	21.1
Inventories	$ 591.6	$ 613

Net Property, Plant and Equip_3

Net Property, Plant and Equipment - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Inventory Disclosure [Abstract]
Depreciation	$ 169.9	$ 183.4	$ 176.6
Interest Costs Capitalized	$ 2	$ 4	$ 3.7

Net Property, Plant and Equip_4

Net Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 2,231.9	$ 2,218.8
Accumulated depreciation	(1,008.9)	(920.6)
Property, plant and equipment, net	1,223	1,298.2
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	84.5	85.7
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	541.6	522.4
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,324.1	1,333.2
Software
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	128.3	159.5
Other
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	71.5	45.7
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 81.9	$ 72.3
Minimum [Member] | Buildings and improvements
Property, Plant and Equipment [Line Items]
Useful life of PP&E	5 years
Minimum [Member] | Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful life of PP&E	5 years
Minimum [Member] | Software
Property, Plant and Equipment [Line Items]
Useful life of PP&E	5 years
Minimum [Member] | Other
Property, Plant and Equipment [Line Items]
Useful life of PP&E	3 years
Maximum [Member] | Buildings and improvements
Property, Plant and Equipment [Line Items]
Useful life of PP&E	25 years
Maximum [Member] | Machinery and equipment
Property, Plant and Equipment [Line Items]
Useful life of PP&E	25 years
Maximum [Member] | Software
Property, Plant and Equipment [Line Items]
Useful life of PP&E	7 years
Maximum [Member] | Other
Property, Plant and Equipment [Line Items]
Useful life of PP&E	20 years

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Business incentive plan assets [Line Items]
Upfront Incentive Payments	$ 79	$ 56
Available for sale securities	1.6	1.7
Deferred income taxes—non-current	162.3	184.8
Business Incentive Plan Assets	191.2	190.8
Operating lease assets, net	95.6	0
Other assets	138.1	111.8
Total	588.8	489.1
Other Assets [Member]
Business incentive plan assets [Line Items]
Upfront Incentive Payments	$ 71	$ 49.8

Accounts Payable (Details)

Accounts Payable (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Payables and Accruals [Abstract]
Trade payables	$ 442	$ 477.8
Non-income taxes	20.5	21.4
Other	21.2	23.6
Total	483.7	522.8
Employee-related Liabilities, Current	188.2	163.2
Restructuring Reserve, Current	76.5	60.3
Discounts Rebates And Warranty Liabilities Current	148.2	157.8
Operating lease liabilities, Current	29.3	0
Accrued Income Taxes, Current	16.4	15.2
Other Sundry Liabilities, Current	86.7	79.1
Other accrued liabilities	$ 545.3	$ 475.6

Borrowings - Schedule of Debt

Borrowings - Schedule of Debt (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018	Apr. 11, 2018	Jun. 01, 2017	Aug. 16, 2016
Debt Instrument [Line Items]
Short-term and other borrowings	$ 109	$ 103.8
Unamortized original issue discount	(10.5)	(12.6)
Unamortized deferred financing costs	(31.1)	(37.2)
Debt and Capital Lease Obligations	3,834.1	3,864
Short-term borrowings	19.6	17.9
Current portion of long-term borrowings	24.3	24.3
Long-term borrowings	3,790.2	3,821.8
2024 Dollar Term Loans [Member]
Debt Instrument [Line Items]
Term loan	2,387.5	2,411.8
Unamortized original issue discount			$ (6)	$ (2.5)
2024 Dollar Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes	500	500
Unamortized original issue discount					$ (2)
2024 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes	375.2	383.3
2025 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes	$ 504	$ 514.9

Borrowings - Senior Secured Cr

Borrowings - Senior Secured Credit Facilities (Details) € in Millions

Jun. 28, 2019

Jun. 01, 2017USD ($)

May 31, 2017

Aug. 01, 2016

Feb. 03, 2014USD ($)

Jan. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Apr. 11, 2018USD ($)

Apr. 10, 2018USD ($)

Dec. 15, 2016USD ($)

Dec. 15, 2016EUR (€)

Jul. 31, 2016

Debt Instrument [Line Items]

Unamortized discount

$ 10,500,000

$ 12,600,000

Proceeds from maturities, prepayments and calls of other investments (more than)

$ 75,000,000

Percentage on excess cash flow for mandatory prepayments of debt

50.00%

Decrease in percentage on excess cash flow for mandatory prepayments of debt

25.00%

Percentage on first lien leverage ratio for mandatory prepayments of debt

0.00%

First lien leverage ratio upper limit

4.25

First lien leverage ratio lower limit

5.50

3.50

Line of credit facility, maximum borrowing capacity

700,000,000

Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction

1,800,000

Loss on extinguishment of debt

200,000

9,500,000

$ 13,400,000

Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Line of credit facility, maximum amount outstanding during period

0

Percent of credit facility outstanding for accelerated maturity

30.00%

25.00%

Percent not cash collateralized

103.00%

Letters of credit outstanding, amount

38,800,000

44,800,000

Line of credit facility, remaining borrowing capacity

$ 361,200,000

355,200,000

Dollar Term Loan Due 2020 [Member]

Debt Instrument [Line Items]

Debt, Long-term and Short-term, Combined Amount

$ 1,775,300,000

Euro Term Loan Due 2020 [Member]

Debt Instrument [Line Items]

Debt, Long-term and Short-term, Combined Amount | €

€ 199

2023 Dollar Term Loan [Member]

Debt Instrument [Line Items]

Debt, Long-term and Short-term, Combined Amount

$ 1,541,100,000

$ 1,545,000,000

Loss on extinguishment of debt

13,000,000

2023 Euro Term Loan [Member]

Debt Instrument [Line Items]

Debt, Long-term and Short-term, Combined Amount | €

€ 400

Gains (losses) on restructuring of debt

(2,900,000)

2024 Dollar Term Loans [Member]

Debt Instrument [Line Items]

Debt, Long-term and Short-term, Combined Amount

$ 2,000,000,000

$ 2,430,000,000

$ 475,000,000

Discount, percent of par

99.875%

99.75%

Unamortized discount

$ 2,500,000

$ 6,000,000

Debt instrument periodic payment principal percentage

1.00%

Repayments of debt

30,000,000

Gains (losses) on restructuring of debt

(5,500,000)

Debt Instrument, Fee Amount

700,000

Loss on extinguishment of debt

$ 400,000

2024 Dollar Term Loans [Member] | Base Rate [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.75%

1.00%

2024 Dollar Term Loans [Member] | Eurocurrency Rate Loans [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.75%

2.00%

2024 Dollar Term Loans [Member] | Eurocurrency Rate Loans [Member] | Interest Rate Floor [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.00%

0.00%

2024 Dollar Term Loans [Member] | Subsequent Event [Member]

Debt Instrument [Line Items]

Repayments of debt

$ 300,000,000

Loss on extinguishment of debt

$ 2,700,000

Senior Secured Credit Facilities [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

2.75%

3.50%

First lien leverage ratio upper limit

3

First lien leverage ratio lower limit

2.50

Senior Secured Credit Facilities [Member] | Revolving Credit Facility [Member] | Leverage Ratio Between 1.25 and 2.25 [Member]

Debt Instrument [Line Items]

First lien leverage ratio upper limit

2.25

First lien leverage ratio lower limit

1.25

Debt Instrument, Basis Spread on Variable Rate, Leverage Ratio Increase

0.25%

Senior Secured Credit Facilities [Member] | Revolving Credit Facility [Member] | Leverage Ratio Greater Than 2.25 [Member]

Debt Instrument [Line Items]

Debt Instrument, Basis Spread on Variable Rate, Leverage Ratio Increase

0.25%

Senior Secured Credit Facilities [Member] | Base Rate [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.50%

Senior Secured Credit Facilities [Member] | Eurodollar [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.50%

0.00%

Basis spread reduced on variable rate, step-down percent for 3.00:1.00 leverage ratio

2.50%

Basis spread reduced on variable rate, step-down percent for 2.50:1.00 leverage ratio

2.25%

Senior Secured Credit Facility, Base Rate Loans [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.75%

2.50%

First lien leverage ratio upper limit

3

First lien leverage ratio lower limit

2.50

Basis spread reduced on variable rate, step-down percent for 3.00:1.00 leverage ratio

1.50%

Basis spread reduced on variable rate, step-down percent for 2.50:1.00 leverage ratio

1.25%

Senior Secured Credit Facility, Base Rate Loans [Member] | Revolving Credit Facility [Member] | Leverage Ratio Greater Than 2.25 [Member]

Debt Instrument [Line Items]

First lien leverage ratio upper limit

2.25

Senior Secured Credit Facility, Base Rate Loans [Member] | Eurodollar [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.00%

Senior Secured Credit Facility, Base Rate Loans [Member] | Federal Funds Effective Swap Rate [Member] | Revolving Credit Facility [Member]

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

0.50%

2024 Dollar Term Loan and 2023 Euro Term Loan [Member]

Debt Instrument [Line Items]

Gains (losses) on restructuring of debt

(8,400,000)

Write off of deferred debt issuance cost

3,100,000

Amortization of debt discount (premium)

700,000

Debt Instrument, Fee Amount

$ 4,600,000

Borrowings - Senior Notes (Det

Borrowings - Senior Notes (Details) € in Millions, $ in Millions	Aug. 16, 2016USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Sep. 27, 2016EUR (€)	Aug. 16, 2016EUR (€)
Debt Instrument [Line Items]
Unamortized discount		$ 10.5	$ 12.6
2024 Dollar Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount	$ 500
Debt instrument, interest rate, stated percentage	4.875%				4.875%
Discount, percent of par	99.951%				99.951%
Unamortized discount	$ 2
Redemption price, percentage if change in control occurs	101.00%
2024 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount | €					€ 335
Debt instrument, interest rate, stated percentage	4.25%				4.25%
Redemption price, percentage if change in control occurs	101.00%
2025 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Debt instrument, face amount | €				€ 450
Debt instrument, interest rate, stated percentage				3.75%
Debt instrument, redemption price, percentage		103.75%
Redemption price, percentage if change in control occurs		101.00%
Redemption, percent of principal required to be outstanding		50.00%
2025 Euro Senior Notes [Member] | Any Time Prior to January 15, 2020 [Member]
Debt Instrument [Line Items]
Redemption price, percentage of principal amount redeemed		40.00%
2024 Dollar Senior Notes, 2024 Euro Senior Notes, and 2025 Euro Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Fee Amount			0.4
Write off of deferred debt issuance cost			$ 0

Borrowings - Debt Instrument R

Borrowings - Debt Instrument Redemption (Details)	12 Months Ended
	Dec. 31, 2019
2024 Dollar Senior Notes [Member] | 2019
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	103.656%
2024 Dollar Senior Notes [Member] | 2020
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	102.438%
2024 Dollar Senior Notes [Member] | 2021
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	101.219%
2024 Dollar Senior Notes [Member] | 2022 and Thereafter
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	100.00%
2024 Euro Senior Notes [Member] | 2019
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	103.188%
2024 Euro Senior Notes [Member] | 2020
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	102.125%
2024 Euro Senior Notes [Member] | 2021
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	101.063%
2024 Euro Senior Notes [Member] | 2022 and Thereafter
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	100.00%
2025 Euro Senior Notes [Member]
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	103.75%
2025 Euro Senior Notes [Member] | 2020 Period One
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	102.813%
2025 Euro Senior Notes [Member] | 2021 Period Two
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	101.875%
2025 Euro Senior Notes [Member] | 2022 Period Three
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	100.938%
2025 Euro Senior Notes [Member] | 2023 and Thereafter Period Four and Thereafter
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price, percentage	100.00%

Borrowings - Schedule of Matur

Borrowings - Schedule of Maturities of Long-term Debt (Details) $ in Millions	Dec. 31, 2019USD ($)
Debt Disclosure [Abstract]
2020	$ 43.9
2021	26.7
2022	54.2
2023	27.1
2024	3,168.5
Thereafter	555.3
Long-term debt	$ 3,875.7

Financial Instruments, Hedgin_3

Financial Instruments, Hedging Activities and Fair Value Measurements (Details) € in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Jan. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2018EUR (€)	Jun. 30, 2018USD ($)	Jun. 30, 2018EUR (€)	Dec. 31, 2017EUR (€)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Number Of Interest Rate Swaps			4						4
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ (33.1)	$ 2.4	$ 0.9
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	10.6
2023 Euro Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount | €									€ 388
Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0.6	0.7
Fair Value, Inputs, Level 1 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0.6	0.7
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	10.5	(28.1)
Fair Value, Inputs, Level 2 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Fair Value, Inputs, Level 3 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Available-for-sale securities	0	0
Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount					$ 500		$ 475
Derivative, Number of Instruments Held					2		3	3
Derivative, fixed interest rate					2.59%		2.72%	2.72%
Currency Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount		$ 475				€ 416.6	$ 475	€ 387.2
Derivative, Number of Instruments Held		3				3	3	3
Derivative, fixed interest rate		1.44%				1.44%	1.95%	1.95%
Derivative interest rate of hedged item		4.47%				4.47%	4.47%	4.47%
Derivative, Cost of Hedge Net of Cash Received		$ 22.5
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	4.5
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	1.4
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	1.3	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	1.2	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 1 [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 1 [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 1 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 2 [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	4.5
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 2 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	1.4
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 2 [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	1.3	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 2 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	1.2	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 3 [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 3 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 3 [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 3 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	8.9	0
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	20.5	2.9
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 1 [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 1 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	8.9	0
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	20.5	2.9
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 3 [Member] | Accrued Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 3 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	14.4	14.1
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	8	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	8.8
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 1 [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 1 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 2 [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	14.4	14.1
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 2 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	8	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 2 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	8.8
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 3 [Member] | Prepaid Expenses and Other Current Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 3 [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Designated as Hedging Instrument [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 3 [Member] | Other Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
2024 Dollar Senior Notes [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	520.2	474.9
2024 Dollar Senior Notes [Member] | Fair Value, Inputs, Level 1 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	0	0
2024 Dollar Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	520.2	474.9
2024 Dollar Senior Notes [Member] | Fair Value, Inputs, Level 3 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	0	0
2024 Euro Senior Notes [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	388.2	381.1
2024 Euro Senior Notes [Member] | Fair Value, Inputs, Level 1 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	0	0
2024 Euro Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	388.2	381.1
2024 Euro Senior Notes [Member] | Fair Value, Inputs, Level 3 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	0	0
2025 Euro Senior Notes [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	520.7	497.5
2025 Euro Senior Notes [Member] | Fair Value, Inputs, Level 1 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	0	0
2025 Euro Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	520.7	497.5
2025 Euro Senior Notes [Member] | Fair Value, Inputs, Level 3 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notes Payable, Fair Value Disclosure	0	0
2024 Dollar Term Loans [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Payable, Fair Value Disclosure	2,396.5	2,276.1
2024 Dollar Term Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Payable, Fair Value Disclosure	0	0
2024 Dollar Term Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Payable, Fair Value Disclosure	2,396.5	2,276.1
2024 Dollar Term Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Long-term Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans Payable, Fair Value Disclosure	0	0
2024 Dollar Term Loans [Member] | Interest Rate Cap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, Cap Interest Rate			1.50%						1.50%
Derivative, notional amount			$ 850
2023 Euro Term Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, Cap Interest Rate			1.25%						1.25%
Derivative Instrument, Premium Paid			$ 0.6
Cash Flow Hedging [Member] | Interest Rate Cap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	6.2	(7.3)	1.8
Cash Flow Hedging [Member] | Interest Rate Cap [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	3.5	(3.4)
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	27.7	4.3	0
Cash Flow Hedging [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	29.4	3
Cash Flow Hedging [Member] | Currency Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	(31.9)	(37.1)	0
Net Investment Hedging [Member] | Currency Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	(22.4)	(27.7)
Interest Expense [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	2.8	(7.9)	11.8
Interest Expense [Member] | Foreign Exchange Contract [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	2.8	(7.9)	11.2
Interest Expense [Member] | Interest Rate Cap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	0	0	0.6
Interest Expense [Member] | Cash Flow Hedging [Member] | Interest Rate Cap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.7)	(1.9)	(2.7)
Interest Expense [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	1.3	1.3	0
Interest Expense [Member] | Cash Flow Hedging [Member] | Currency Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (14.7)	$ (9.4)	0
December 31, 2019 [Member] | 2024 Dollar Term Loans [Member] | Interest Rate Cap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount			600
Derivative Instrument, Deferred Premium			8.6
December 31, 2021 [Member] | 2024 Dollar Term Loans [Member] | Interest Rate Cap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount			250
Derivative Instrument, Deferred Premium			$ 8.1
Subsequent Event [Member] | 2024 Dollar Term Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative, notional amount				$ 200
Derivative, fixed interest rate				1.61%

Segments - Reconciliation of R

Segments - Reconciliation of Revenue from Segments to Consolidated (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)Segment	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Segment Reporting, Revenue Reconciling Item [Line Items]
Number of operating segments | Segment		2
Net sales		$ 4,482,200,000	$ 4,696,000,000	$ 4,377,000,000
Equity in earnings (losses) in unconsolidated affiliates		300,000	300,000	1,000,000
Investment in unconsolidated affiliates		15,100,000	15,400,000	15,500,000
Intercompany sales between segments	$ 0
Performance Coatings [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales		2,923,400,000	3,033,100,000	2,683,300,000
Equity in earnings (losses) in unconsolidated affiliates		400,000	400,000	300,000
Investment in unconsolidated affiliates		2,400,000	2,700,000	2,900,000
Performance Coatings [Member] | Refinish [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales		1,760,400,000	1,759,600,000	1,651,600,000
Performance Coatings [Member] | Industrial [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales		1,163,000,000	1,273,500,000	1,031,700,000
Transportation Coatings [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales		1,558,800,000	1,662,900,000	1,693,700,000
Equity in earnings (losses) in unconsolidated affiliates		(100,000)	(100,000)	700,000
Investment in unconsolidated affiliates		12,700,000	12,700,000	12,600,000
Transportation Coatings [Member] | Light Vehicle [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales		1,208,400,000	1,307,200,000	1,337,100,000
Transportation Coatings [Member] | Commercial Vehicle [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales		$ 350,400,000	$ 355,700,000	$ 356,600,000

Segments - Reconciliation of O

Segments - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income before income taxes	$ 586.5	$ 534.4	$ 500.1
Interest expense, net	162.6	159.6	147
Debt extinguishment and refinancing related costs	0.2	9.5	13.4
Termination benefits and other employee related costs	35.2	81.7	35.2
Strategic review and retention costs	13.4	0	0
Offering and transactional costs	1	1	26.1
Loss on divestiture, impairment and deconsolidation	21.1	0	77.9
Pension special events	(0.9)	0	1.2
Accelerated depreciation	24.3	10.3	6
Indemnity (income) losses	(0.4)	4.3	(0.1)
Change in fair value of equity instruments	0	0.5	0
Step-up inventory	0	0	3.8
Income before income taxes	330	267.5	189.6
Integration related costs			7.7
Non-operational asset impairment charges	0	0	7.6
Performance Coatings [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income before income taxes	449.1	399.5	309.3
Transportation Coatings [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Income before income taxes	$ 137.4	$ 134.9	$ 190.8

Segments - Schedule of Revenue

Segments - Schedule of Revenue from External Customers and Long-lived Assets, by Geographical Areas (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 4,482.2	$ 4,696	$ 4,377
Long-lived assets	1,223	1,298.2
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	1,795.1	1,787	1,610.5
Long-lived assets	480.8	477.4
EMEA [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	1,577.2	1,677.5	1,555.1
Long-lived assets	403.1	439.1
Asia Pacific [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	653.5	759.6	750.4
Long-lived assets	209.2	246.1
Latin America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	456.4	471.9	$ 461
Long-lived assets	129.9	135.6
China [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 171	$ 203.8
China [Member] | Sales Revenue, Net [Member] | Geographic Concentration Risk [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage	9.00%	11.00%	12.00%
Germany [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 233.6	$ 243.6
Germany [Member] | Sales Revenue, Net [Member] | Geographic Concentration Risk [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage	8.00%	8.00%	8.00%
Mexico [Member] | Sales Revenue, Net [Member] | Geographic Concentration Risk [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage	6.00%	6.00%	6.00%
Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 25	$ 25.1
Canada [Member] | Sales Revenue, Net [Member] | Geographic Concentration Risk [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Concentration risk, percentage	4.00%	4.00%	4.00%
Brazil [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 51.9	$ 58

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Schedule of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Jan. 01, 2019	Jan. 01, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance	$ (336.1)
Cumulative effect of an accounting change				$ (0.7)	$ 12.2
Other comprehensive (loss) income, net of tax	(56.4)	$ (97.8)	$ 111.6
Accumulated other comprehensive income (loss), ending balance	(395.5)	(336.1)
Unrealized Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance	(299.4)	(208.8)	(292.2)
Cumulative effect of an accounting change					0
Current year deferrals to AOCI	(0.2)	(90.6)	83.4
Reclassifications from AOCI to Net income	2.6	0	0
Other comprehensive (loss) income, net of tax	2.4	(90.6)	83.4
Accumulated other comprehensive income (loss), ending balance	(297)	(299.4)	(208.8)
Pension Plan Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance	(36.4)	(31.4)	(56.6)
Cumulative effect of an accounting change					0
Current year deferrals to AOCI	(33.2)	(5.8)	17.1
Reclassifications from AOCI to Net income	(0.3)	0.8	8.1
Other comprehensive (loss) income, net of tax	(33.5)	(5)	25.2
Accumulated other comprehensive income (loss), ending balance	(69.9)	(36.4)	(31.4)
Unrealized Gain on Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance	0	0.8	0.4
Cumulative effect of an accounting change					(0.8)
Current year deferrals to AOCI	0	0	0.4
Reclassifications from AOCI to Net income	0	0	0
Other comprehensive (loss) income, net of tax	0	0	0.4
Accumulated other comprehensive income (loss), ending balance	0	0	0.8
Unrealized Gain (Loss) on Derivatives
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance	(0.3)	(1.6)	(2)
Cumulative effect of an accounting change					0
Current year deferrals to AOCI	(28.8)	1.7	(1.6)
Reclassifications from AOCI to Net income	0.5	(0.4)	2
Other comprehensive (loss) income, net of tax	(28.3)	1.3	0.4
Accumulated other comprehensive income (loss), ending balance	(28.6)	(0.3)	(1.6)
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss), beginning balance	(336.1)	(241)	(350.4)
Cumulative effect of an accounting change					$ (0.8)
Current year deferrals to AOCI	(62.2)	(94.7)	99.3
Reclassifications from AOCI to Net income	2.8	0.4	10.1
Other comprehensive (loss) income, net of tax	(59.4)	(94.3)	109.4
Accumulated other comprehensive income (loss), ending balance	$ (395.5)	$ (336.1)	$ (241)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
OCI, benefit plans, tax	$ 13	$ (27)	$ 14.4
OCI, gain (loss) on derivatives, tax	0.6	$ (4.3)	$ (0.5)
VENEZUELA
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI loss due to Venezuela deconsolidation, after Tax	(5.9)
Tax benefit on loss due to deconsolidation of Venezuela	$ (2.6)

Venezuela (Details)

Venezuela (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Intercompany Foreign Currency Balance [Line Items]
Assets	$ 6,818				$ 6,675.7				$ 6,818	$ 6,675.7
Accounts and notes receivable, net	830.1				860.8				830.1	860.8
Net sales									4,482.2	4,696	$ 4,377
Operating Income (Loss)	108.7	$ 123	$ 157.9	$ 98.6	127.8	$ 47.8	$ 146.5	$ 120	488.2	442.1	363.7
Net income attributable to controlling interests	41.7	$ 65.5	$ 98.4	$ 43.4	75.4	$ (13.1)	74.9	$ 69.9	249	207.1	$ 36.7
VENEZUELA | Subsidiaries [Member]
Intercompany Foreign Currency Balance [Line Items]
Venezuela deconsolidation charge							$ 70.9
Assets					30					30
Accounts and notes receivable, net					35					35
Defined Benefit Plan, Benefit Obligation, Actuarial Gain (Loss)										5.9
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures	$ 0				$ 0				$ 0	0
Net sales										2.5
Operating Income (Loss)										2.8
Net income attributable to controlling interests										$ 5.8

Quarterly Financial Informati_3

Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial information
Net sales	$ 1,098.4	$ 1,107	$ 1,157.5	$ 1,119.3	$ 1,165.8	$ 1,146	$ 1,212.2	$ 1,172	$ 4,482.2	$ 4,696	$ 4,377
Cost of goods sold	710.8	707.4	748.4	751.3	777.4	759.1	793.8	776	2,917.9	3,106.3	2,780.5
Operating Income (Loss)	108.7	123	157.9	98.6	127.8	47.8	146.5	120	488.2	442.1	363.7
Net income (loss)	42.2	66.4	99.9	44.1	76.8	(11.6)	77.1	71	252.6	213.3	47.7
Net income (loss) attributable to controlling interests	$ 41.7	$ 65.5	$ 98.4	$ 43.4	$ 75.4	$ (13.1)	$ 74.9	$ 69.9	$ 249	$ 207.1	$ 36.7
Basic net income per share (in dollars per share)	$ 0.18	$ 0.28	$ 0.42	$ 0.19	$ 0.32	$ (0.05)	$ 0.31	$ 0.29	$ 1.06	$ 0.87	$ 0.15
Diluted net income per share (in dollars per share)	$ 0.18	$ 0.28	$ 0.42	$ 0.18	$ 0.32	$ (0.05)	$ 0.31	$ 0.28	$ 1.06	$ 0.85	$ 0.15
Expense recorded									$ 34.4	$ 79.8	$ 36.2
Subsidiaries [Member] | VENEZUELA
Quarterly Financial information
Operating Income (Loss)										2.8
Net income (loss) attributable to controlling interests										$ 5.8
Plant Closure Axalta Way Restructuring [Member]
Quarterly Financial information
Expense recorded		$ 70.6

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Jan. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Subsequent Event [Line Items]
Loss on extinguishment of debt		$ 0.2	$ 9.5	$ 13.4
2024 Dollar Term Loans [Member]
Subsequent Event [Line Items]
Repayments of debt				30
Loss on extinguishment of debt				$ 0.4
2024 Dollar Term Loans [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Repayments of debt	$ 300
Loss on extinguishment of debt	2.7
Derivative, notional amount	$ 200
Derivative, fixed interest rate	1.61%

Schedule II (Details)

Schedule II (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	$ 15.4	$ 15.9	$ 13.7
Additions	5.5	2.3	3.5
Deductions	(4.9)	(2.8)	(1.3)
Balance at End of Year	16	15.4	15.9
Valuation Allowance for Deferred Tax Assets [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Year	159	214.2	135.4
Additions	44.9	11.9	78.8
Deductions	(25.6)	(67.1)	0
Balance at End of Year	$ 178.3	$ 159	$ 214.2

Uncategorized Items - a12201910

Label	Element	Value
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax	$ (208,800,000)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax	(31,400,000)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax	(1,600,000)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax	0
Noncontrolling Interest [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	100,000
AOCI Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax	us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax	(241,800,000)
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(700,000)
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	12,900,000
Accounting Standards Update 2014-09 [Member] | Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (3,700,000)