Welbilt (WBT) 10-Q 9 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 28, 2017
Document and entity information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	WBT
Entity Registrant Name	WELBILT, INC.
Entity Central Index Key	1,650,962
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		138,909,132

Consolidated (Condensed) Statem

Consolidated (Condensed) Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operations
Net sales	$ 328	$ 325.5
Cost of sales	205	207.9
Gross profit	123	117.6
Costs and expenses:
Selling, general and administrative expenses	74.3	71.8
Amortization expense	7.8	7.8
Separation expense	0.9	3
Restructuring expense	4.6	1.3
Asset impairment expense	0.4	0
Earnings from operations	35	33.7
Interest expense	23.2	8.5
Interest expense on notes with MTW — net	0	0.1
Loss on early extinguishment of debt	3.2	0
Other expense — net	1.5	2.4
Earnings before income taxes	7.1	22.7
Income taxes	2.1	4.6
Net earnings	$ 5	$ 18.1
Per Share Data
Earnings per common share - Basic (in dollars per share)	$ 0.04	$ 0.13
Earnings per common share - Diluted (in dollars per share)	$ 0.04	$ 0.13
Weighted average shares outstanding - Basic (in shares)	138,759,075	137,016,712
Weighted average shares outstanding - Diluted (in shares)	140,431,198	138,564,299

Consolidated (Condensed) State3

Consolidated (Condensed) Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net earnings	$ 5	$ 18.1
Other comprehensive income, net of tax:
Foreign currency translation adjustments	7	17.2
Unrealized (loss) gain on derivatives, net of income tax benefit (expense) of $0.3 and ($0.5), respectively	(0.6)	0.9
Employee pension and post-retirement benefits, net of income tax (expense) benefit of ($0.1) and $5.9, respectively	0.4	(8.9)
Total other comprehensive income, net of tax	6.8	9.2
Comprehensive income	$ 11.8	$ 27.3

Consolidated (Condensed) State4

Consolidated (Condensed) Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Unrealized gain (loss) on derivatives, taxes	$ (0.3)	$ 0.5
Employee pension and post retirement benefits, taxes	$ (0.1)	$ 5.9

Consolidated (Condensed) Balanc

Consolidated (Condensed) Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 82.6	$ 53.8
Restricted cash	0.2	6.4
Accounts receivable, less allowances of $4.2 and $5.3, respectively	92.8	81.7
Inventories — net	171	145.6
Prepaids and other current assets	25.8	13.9
Current assets held for sale	7.2	6.8
Total current assets	379.6	308.2
Property, plant and equipment — net	107.7	109.1
Goodwill	845.6	845.3
Other intangible assets — net	477.9	484.4
Other non-current assets	26.3	22.1
Total assets	1,837.1	1,769.1
Current liabilities:
Accounts payable	117.9	108.4
Accrued expenses and other liabilities	137.7	174.5
Short-term borrowings	4	0
Current portion of long-term debt and capital leases	0.6	1.6
Product warranties	24.6	27.9
Current liabilities held for sale	0	0.7
Total current liabilities	284.8	313.1
Long-term debt and capital leases	1,353.4	1,278.7
Deferred income taxes	136.3	137.8
Pension and postretirement health obligations	45.9	47.4
Other long-term liabilities	43	35.6
Total non-current liabilities	1,578.6	1,499.5
Total (deficit) equity:
Common stock (300,000,000 shares authorized, 138,918,189 shares and 138,601,327 shares issued and 138,878,878 shares and 138,562,016 shares outstanding, respectively)	1.4	1.4
Additional paid-in capital (deficit)	(66.6)	(72)
Retained earnings	75.5	70.5
Accumulated other comprehensive loss	(36.6)	(43.4)
Total (deficit) equity	(26.3)	(43.5)
Total liabilities and equity	$ 1,837.1	$ 1,769.1

Consolidated (Condensed) Balan6

Consolidated (Condensed) Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Accounts receivable allowances	$ 4.2	$ 5.3
Common stock shares authorized (in shares)	300,000,000	300,000,000
Common stock shares issued (in shares)	138,918,189	138,601,327
Common stock shares outstanding (in shares)	138,878,878	138,562,016

Consolidated (Condensed) State7

Consolidated (Condensed) Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net earnings	$ 5	$ 18.1
Adjustments to reconcile net earnings to cash used in operating activities:
Depreciation	4	4.3
Amortization of intangible assets	7.8	7.8
Amortization of debt issuance costs	1.3	0.4
Loss on early extinguishment of debt	3.2	0
Deferred income taxes	(2.9)	(2.9)
Stock-based compensation expense	4.4	1.3
Asset impairment expense	0.4	0
Changes in operating assets and liabilities:
Accounts receivable	(6)	(8.4)
Inventories	(23.9)	(15.8)
Other assets	(3.5)	(8.3)
Accounts payable	8.6	(16.3)
Other current and long-term liabilities	(49)	(3.2)
Net cash used in operating activities	(50.6)	(23)
Cash flows from investing activities:
Capital expenditures	(4.9)	(4.5)
Changes in restricted cash	6.2	0.3
Net cash provided by (used in) investing activities	1.3	(4.2)
Cash flows from financing activities:
Proceeds from long-term debt and capital leases	78.9	1,431.4
Repayments on long-term debt and capital leases	(2.5)	(0.2)
Debt issuance costs	(1.4)	(40.6)
Changes in short-term borrowings	4	14.5
Dividend paid to MTW	0	(1,362)
Net transactions with MTW	0	6.1
Exercises of stock options	0.9	0.1
Net cash provided by financing activities	79.9	49.3
Effect of exchange rate changes on cash	(1.8)	0.5
Net increase in cash and cash equivalents	28.8	22.6
Balance at beginning of period	53.8	32
Balance at end of period	$ 82.6	$ 54.6

Business and Organization

Business and Organization	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Business and Organization	Business and Organization The Spin-Off and Rebranding On January 29, 2015, The Manitowoc Company, Inc. ("MTW") announced plans to create two independent public companies to separately operate its two businesses: its Cranes business and its Foodservice business. To effect the separation, MTW first undertook an internal reorganization, following which MTW held the Cranes business, and Manitowoc Foodservice, Inc. ("MFS" or the "Company") held the Foodservice business. Then on March 4, 2016, MTW distributed all the MFS common stock to MTW's shareholders on a pro rata basis, and MFS became an independent publicly traded company (the "Distribution"). In this Quarterly Report on Form 10-Q, “Spin-Off” refers to both the above described internal reorganization and the Distribution, collectively. On February 6, 2017, MFS announced that it would rebrand the Company, its logo and its brand identity to Welbilt, Inc. The change was the final part of the Company's strategic repositioning after the Spin-Off. To meet its future growth objectives, the Company will focus on further developing its portfolio of 12 award-winning brands under the new corporate name. On March 3, 2017, MFS filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to effect a change of the Company’s name from "Manitowoc Foodservice, Inc." to "Welbilt, Inc." effective March 3, 2017 (the "Name Change"). In connection with the Name Change, the Company also amended and restated its bylaws, by substituting “Welbilt, Inc.” for “Manitowoc Foodservice, Inc.” On March 6, 2017, shares of the Company commenced trading under the Company's new name, Welbilt, Inc., and a new New York Stock Exchange ticker symbol, “WBT.” In these unaudited consolidated (condensed) financial statements, unless the context otherwise requires: • "Welbilt" and the "Company" refer to Welbilt, Inc. and its consolidated subsidiaries, after giving effect to the Spin-Off, or, in the case of information as of dates or for periods prior to its separation from MTW, the combined entities of the Foodservice business, and certain other assets and liabilities that were historically held at the MTW corporate level, but were specifically identifiable and attributable to the Foodservice business; and • "MTW" refers to The Manitowoc Company, Inc. and its consolidated subsidiaries, other than, for all periods following the Spin-Off, Welbilt. Description of the Business The Company is one of the world’s leading commercial foodservice equipment companies. It designs and manufactures a complementary portfolio of hot and cold foodservice equipment products integrated under one operating company and is supported by a growing aftermarket parts and repair service business. Its capabilities span refrigeration, ice-making, cooking, holding, food-preparation and beverage-dispensing technologies, which allow it to equip entire commercial kitchens and serve the world’s growing demand for food prepared away from home. The Company's suite of products is used by commercial and institutional foodservice operators including full-service restaurants, quick-service restaurant chains, hotels, caterers, supermarkets, convenience stores, business and industry, hospitals, schools and other institutions. The Company's products and aftermarket parts and service support are recognized by its customers and channel partners for their quality, reliability and durability that enable profitable growth for Welbilt end customers by improving their menus, enhancing operations and reducing costs.

Summary of Significant Accounti

Summary of Significant Accounting Policies and Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies and Basis of Presentation	Summary of Significant Accounting Policies and Basis of Presentation Principles of Consolidation and Basis of Presentation The accompanying unaudited consolidated (condensed) financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"). All intercompany balances and transactions between the Company and its affiliates have been eliminated. During the periods presented prior to the Spin-Off on March 4, 2016, the Company's financial statements were prepared on a combined standalone basis derived from the consolidated financial statements and accounting records of MTW. The Company functioned as part of the larger group of companies controlled by MTW. Accordingly, MTW performed certain corporate overhead functions for the Company. Therefore, certain costs related to the Company have been allocated from MTW for the period of January 1, 2016 up to the Spin-Off on March 4, 2016. These allocated costs are primarily related to: 1) corporate officers, 2) employee benefits and compensation, 3) share-based compensation and 4) certain administrative functions, which are not provided at the business level including, but not limited to, finance, treasury, tax, audit, legal, information technology, human resources and investor relations. Where possible, these costs were allocated based on direct usage, with the remainder allocated on a basis of revenue, headcount or other measures the Company determined to be reasonable. Income tax expense in the accompanying consolidated (condensed) statement of operations for the periods prior to the Spin-Off is computed on a separate return basis, as if Welbilt was operating as a separate consolidated group and filed separate tax returns in the jurisdictions in which it operates. As a result of potential changes to the Company's business model and potential past and future tax planning, income tax expense included in the accompanying consolidated (condensed) financial statements for the period prior to the Spin-Off may not be indicative of Welbilt's future expected tax rate. In addition, cash tax payments and items of current and deferred taxes may not be reflective of Welbilt's actual tax balances prior to or subsequent to the Spin-Off. Welbilt, as a stand-alone entity commencing with the Spin-Off, files U.S. federal and state tax returns on its own behalf. The responsibility for current income tax liabilities of US federal and state combined tax filings were deemed to settle immediately with MTW paying entities effective with the Spin-Off in the respective jurisdictions, whereas state tax returns for certain separate filing Welbilt entities were filed by Welbilt for periods prior to and after the Spin-Off. Cash tax payments commencing with the Spin-Off for the estimated liability are the actual cash taxes paid to the respective tax authorities in the jurisdictions wherever applicable. Prior to the Spin-Off, the operations of Welbilt were generally included in the consolidated tax returns filed by the respective MTW entities, with the related income tax expense and deferred income taxes calculated on a separate return basis in the accompanying consolidated (condensed) financial statements. As a result, the effective tax rate and deferred income taxes of Welbilt may differ from those in periods prior to or subsequent to the Spin-Off. Use of Estimates The preparation of consolidated (condensed) financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes, including costs allocated prior to the Spin-Off. The accompanying unaudited consolidated (condensed) financial statements may not be indicative of the Company's future performance, and they do not necessarily include all of the actual expenses that would have been incurred by the Company and may not reflect the results of operations, financial position and cash flows had the Company been a standalone Company during the entirety of the period presented prior to the Spin-Off. Accounting Policies In the opinion of management, the accompanying unaudited consolidated (condensed) financial statements contain all adjustments necessary for a fair statement of the results of operations and comprehensive income for the three months ended March 31, 2017 and 2016 , the results of cash flows for the three months ended March 31, 2017 and 2016 , and the financial position at March 31, 2017 and December 31, 2016 , and except as otherwise discussed, such adjustments consist only of those of a normal recurring nature. The interim results are not necessarily indicative of results that may be achieved for a full year performance. Certain information and footnote disclosures normally included in annual consolidated financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the Security and Exchange Commission's ("SEC") rules and regulations governing interim financial statements. However, the Company believes that the disclosures made in the accompanying unaudited consolidated (condensed) financial statements and related notes are adequate to make the information presented not misleading. These unaudited financial statements should be read in conjunction with the Company's audited consolidated financial statements and the notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2016 . Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. All dollar amounts, except share and per share amounts, are in millions of dollars throughout the tables included in these notes unless otherwise indicated. Recently Adopted Accounting Pronouncements In January 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standard Update ("ASU") 2017-04, "Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment," which removes the second step of the annual goodwill impairment test. ASU 2017-04 is effective for fiscal years, and interim periods within those fiscal years, for annual impairment tests beginning after December 15, 2019. Early adoption is permitted in any interim or annual reporting period for impairment tests performed after January 1, 2017 and the amendments in this ASU should be applied prospectively. The Company early adopted this standard as of January 1, 2017 and will apply the guidance from ASU 2017-04 beginning with its annual goodwill assessment performed as of June 30, 2017. In March 2016, the FASB issued ASU 2016-09, "Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting," which simplifies several aspects of the accounting for share-based payment award transactions. This ASU requires that all excess tax benefits and tax deficiencies be recognized as income tax expense or benefit on the income statement and that excess tax benefits be classified as an operating activity in the cash flow statement. While this new standard allows an entity to account for forfeitures as they occur, the Company elected to continue the current U.S. GAAP practice of estimating forfeitures when calculating stock-based compensation expense. This ASU became effective for the Company on January 1, 2017 and the adoption did not have a significant impact on the Company’s consolidated (condensed) financial statements and related disclosures. In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." This ASU changes the guidance on accounting for inventory accounted for on a first-in first-out ("FIFO") basis. Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a last-in, first-out ("LIFO") basis. ASU 2015-11 became effective for the Company on January 1, 2017 and the adoption of this standard did not have a significant impact on the Company’s consolidated (condensed) financial statements and related disclosures. Recent Accounting Pronouncements Not Yet Adopted In March 2017, the FASB issued ASU 2017-08, "Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20)," which shortens the amortization period for certain callable debt securities held at a premium to the earliest call date. ASU 2017-08 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In March 2017, the FASB issued ASU 2017-07, "Compensation—Retirement Benefits (Topic 715)," which requires the employer to disaggregate the service cost component from the other components of net benefit cost. The ASU also provides explicit guidance on how to present the service cost component and the other components of net benefit cost in the income statement and allow only the service cost component of net benefit cost to be eligible for capitalization. It is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business," which clarifies the accounting guidance to assist entities in evaluating whether a transaction should be accounted for as acquisitions of assets or businesses. ASU 2017-01 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted in certain instances and the amendments in this ASU should be applied prospectively. The Company will evaluate the impact of this standard upon future acquisitions subsequent to the adoption of ASU 2017-01. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," which will require an entity to reconcile the changes in restricted cash as part of total cash and cash equivalents in its statements of cash flows. ASU 2016-18 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted in any interim or annual reporting period and the amendments in this ASU should be applied retrospectively. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory," which will require an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. ASU 2016-16 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted as of the beginning of an annual reporting period for which financial statements (interim or annual) have not been issued or made available for issuance. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," which clarifies the accounting guidance on how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted in any interim or annual reporting period. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. The adoption of this standard may impact the presentation of certain cash proceeds received in connection with the Company's securitization program described in Note 9, "Accounts Receivable Securitization." In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)," which requires lessees to recognize right-of-use assets and lease liability, initially measured at present value of the lease payments, on its balance sheet for leases with terms longer than 12 months and classified as either financing or operating leases. ASU 2016-02 requires a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and provides certain practical expedients that companies may elect. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years with early adoption permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." This ASU provides guidance for the recognition, measurement, presentation and disclosure of financial instruments. This ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years and early adoption is not permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)." This ASU provides a principles-based approach to revenue recognition to record the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU provides a five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when each performance obligation is satisfied. The revenue standard is effective for the first interim period within fiscal years beginning after December 15, 2017 (as updated by the FASB in August 2015 in ASU 2015-14 and as updated by ASU-2016-20, ASU 2016-08, ASU 2016-10, ASU 2016-11 and ASU 2016-12), and can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of initial application along with additional disclosures. Early adoption is permitted as of the original effective date—the first interim period within fiscal years beginning after December 15, 2016. The Company plans to adopt this standard on January 1, 2018 and is evaluating its customizable contracts, information technology contracts and other customer contracts that may impact its consolidated (condensed) financial statements and related disclosures.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The following tables set forth financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2017 and December 31, 2016 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of March 31, 2017 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 1.0 $ — $ 1.0 Commodity contracts — 1.0 — 1.0 Cross-currency swap contract — 1.1 — 1.1 Total current assets at fair value — 3.1 — 3.1 Non-current assets: Commodity contracts — 0.4 — 0.4 Interest rate swap contracts — 1.2 — 1.2 Cross-currency swap contract — 2.2 — 2.2 Total non-current assets at fair value — 3.8 — 3.8 Total assets at fair value $ — $ 6.9 $ — $ 6.9 Current liabilities: Foreign currency exchange contracts $ — $ 0.6 $ — $ 0.6 Interest rate swap contracts — 2.8 — 2.8 Total current liabilities at fair value — 3.4 — 3.4 Non-current liabilities: Interest rate swap contracts — 5.7 — 5.7 Total non-current liabilities at fair value — 5.7 — 5.7 Total liabilities at fair value $ — $ 9.1 $ — $ 9.1 Fair Value as of December 31, 2016 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 0.6 $ — $ 0.6 Commodity contracts — 0.9 — 0.9 Total current assets at fair value — 1.5 — 1.5 Non-current assets: Commodity contracts — 0.2 — 0.2 Total non-current assets at fair value — 0.2 — 0.2 Total assets at fair value $ — $ 1.7 $ — $ 1.7 Current liabilities: Foreign currency exchange contracts $ — $ 1.0 $ — $ 1.0 Commodity contracts — 0.1 — 0.1 Total current liabilities at fair value — 1.1 — 1.1 Total liabilities at fair value $ — $ 1.1 $ — $ 1.1 The fair value of the Company's 9.50% Senior Notes due 2024 and Term Loan B under its Senior Secured Credit Facilities was approximately $491.0 million and $827.1 million as of March 31, 2017 , respectively. The fair value of the Company's 9.50% Senior Notes due 2024 and Term Loan B under its Senior Secured Credit Facilities was approximately $496.2 million and $838.4 million as of December 31, 2016 , respectively. See Note 10, "Debt," for a description of the debt instruments and their related carrying values. Accounting Standards Codification ("ASC") Subtopic 820-10, "Fair Value Measurement," defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Subtopic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability The Company endeavors to utilize the best available information in measuring fair value. The Company estimates the fair value of its Senior Notes due 2024 and Term Loan B based on quoted market prices of the instruments. Because these markets are typically thinly traded, the assets and liabilities are classified as Level 2 of the fair value hierarchy. The carrying values of cash and cash equivalents, accounts receivable, accounts payable and deferred purchase price notes on receivables sold (see Note 9, "Accounts Receivable Securitization"), approximate fair value, without being discounted as of March 31, 2017 and December 31, 2016 due to the short-term nature of these instruments. As a result of its global operating and financing activities, the Company is exposed to market risks from changes in foreign currency exchange rates, commodity prices, and interest rates which may adversely affect its operating results and financial position. When deemed appropriate, the Company minimizes these risks through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes, and the Company does not use leveraged derivative financial instruments. The foreign currency exchange, commodity contracts and interest rate swaps are valued through an independent valuation source which uses an industry standard data provider, with resulting valuations periodically validated through third-party or counterparty quotes. As such, these derivative instruments are classified as Level 2 of the fair value hierarchy.

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments The Company's risk management objective is to ensure that business exposures to risks that have been identified and measured and are capable of being controlled are minimized or managed using what it believes to be the most effective and efficient methods to eliminate, reduce or transfer such exposures. Operating decisions consider these associated risks and structure transactions to minimize or manage these risks whenever possible. The use of derivative instruments is consistent with the overall business and risk management objectives of the Company. The Company uses derivative instruments to manage business risk exposures that have been identified through the risk identification and measurement process, provided that they clearly qualify as "hedging" activities as defined in its risk policy. It is the Company's policy to enter into derivative transactions only to the extent true exposures exist; the Company does not enter into derivative transactions for trading or other speculative purposes. The primary risks the Company manages using derivative instruments are commodity price risk, interest rate risk and foreign currency exchange risk. Swap contracts on various commodities are used to manage the price risk associated with forecasted purchases of materials used in the Company's manufacturing process. The Company also enters into various foreign currency derivative instruments to help manage foreign currency risk associated with its projected purchases and sales and foreign currency denominated receivable and payable balances. Interest rate swaps are entered into to manage interest rate risk associated with the Company’s fixed and floating-rate borrowings. Cross-currency interest rate swaps are entered into to protect the value of the Company’s investments in its foreign subsidiaries. ASC Subtopic 815-10, "Derivatives and Hedges," requires companies to recognize all derivative instruments as either assets or liabilities at fair value in the balance sheet. In accordance with ASC Subtopic 815-10, the Company designates commodity swaps and foreign currency exchange contracts as cash flow hedges of forecasted purchases of commodities and currencies, certain interest rate swaps as cash flow hedges of floating-rate borrowings, and the remainder as fair value hedges of fixed-rate borrowings, and certain cross-currency interest rate swaps as hedges of net investments in its foreign subsidiaries. Cash flow hedging strategy For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains and losses on the derivative instruments representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in current earnings. In the next twelve months, the Company estimates $0.9 million of unrealized gains, net of tax, related to commodity price and currency rate hedging, which will be reclassified from other comprehensive (loss) income into earnings. Foreign currency and commodity hedging is generally completed prospectively on a rolling basis for fifteen and thirty-six months, respectively, depending on the type of risk being hedged. During the three months ended March 31, 2017, the Company entered into two interest rate swap agreements with a total notional amount of $600.0 million to manage interest rate risk exposure by converting the Company’s floating-rate debt to a fixed-rate basis for the next two to three years, thus reducing the impact from fluctuations in interest rates on future interest expense. These agreements involve the receipt of floating rate amounts in exchange for fixed rate interest payments over the life of the agreements without an exchange of the underlying principal. Approximately 43.0% of the Company’s outstanding long-term debt had its interest payments designated as cash flow hedges under these interest rate swap agreements as of March 31, 2017. The Company did not enter into any interest rate swap agreements during the three months ended March 31, 2016. As of March 31, 2017 and December 31, 2016 , the Company had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Units Hedged Commodity March 31, 2017 December 31, 2016 Unit Type Aluminum 2,115 1,663 MT Cash flow Copper 709 746 MT Cash flow Natural gas 26,523 56,416 MMBtu Cash flow Steel 7,225 8,663 Short tons Cash flow Units Hedged Currency March 31, 2017 December 31, 2016 Type Canadian Dollar 17,230,000 26,130,000 Cash flow European Euro 15,782,119 11,261,848 Cash flow British Pound 5,028,775 4,191,763 Cash flow Mexican Peso 107,400,000 148,200,000 Cash flow Thailand Baht 13,941,893 23,231,639 Cash flow Singapore Dollar 3,775,000 4,375,000 Cash flow For derivative instruments that are not designated as hedging instruments, the gains or losses on the derivatives are recognized in current earnings within " Other expense (income) — net " in the accompanying consolidated (condensed) statement of operations. As of March 31, 2017 and December 31, 2016 , the Company had the following outstanding commodity and currency forward contracts that were not designated as hedging instruments: Units Hedged Commodity March 31, 2017 December 31, 2016 Unit Type Aluminum 13 28 MT Cash flow Steel 189 240 Short tons Cash flow Units Hedged Currency March 31, 2017 December 31, 2016 Recognized Location Purpose Singapore Dollar 28,127,000 — Other expense (income) — net Notes payable and receivable settlement European Euro 75,300,000 16,000,000 Other expense (income) — net Notes and accounts payable and receivable settlement British Pound 4,790,037 8,192,692 Other expense (income) — net Accounts payable and receivable settlement Chinese Yuan 107,383,629 — Other expense (income) — net Notes payable and receivable settlement Swiss Franc 4,000,000 3,150,000 Other expense (income) — net Accounts payable and receivable settlement Fair value hedging strategy For derivative instruments that are designated and qualify as a fair value hedge (i.e., hedging the exposure to changes in the fair value of an asset or a liability or an identified portion thereof that is attributable to a particular risk), the gain or loss on the derivative instrument as well as the offsetting gain or loss on the hedged item attributable to the hedged risk are recognized in the same line item associated with the hedged item in current earnings. During the three months ended March 31, 2017, the Company entered into an interest rate swap agreement with a total notional amount of $425.0 million to manage interest rate risk exposure by converting the Company’s fixed-rate debt to a floating-rate basis for the next seven years. This agreement involves the receipt of fixed rate amounts in exchange for floating rate interest payments over the life of the agreement without an exchange of the underlying principal. Approximately 31.0% of the Company’s outstanding long-term debt had its interest payments designated as a fair value hedge under this interest rate swap agreement as of March 31, 2017. The Company did not enter into any interest rate swap agreements during the three months ended March 31, 2016. Hedge of net investment in foreign operations strategy For derivative instruments that are designated and qualify as a hedge of a net investment in a foreign currency, the gain or loss is reported in other comprehensive income as part of the cumulative translation adjustment to the extent it is effective. Any ineffective portions of net investment hedges are recognized in earnings during the period of change. The Company entered into a cross-currency interest rate swap contract to protect the value of its net investments in Euro. The carrying value of the net investment in Euro that is designated as a hedging instrument is remeasured at each reporting date to reflect the changes in the foreign currency exchange spot rate, with changes since the last remeasurement date recorded in other comprehensive income. The Company uses the forward-rate method of assessing hedge effectiveness when cross-currency swap contracts are designated as hedging instruments. The fair value of outstanding derivative contracts recorded as assets in the accompanying consolidated (condensed) balance sheets as of March 31, 2017 and December 31, 2016 was as follows: ASSET DERIVATIVES (in millions) Balance Sheet Location Fair Value March 31, 2017 December 31, 2016 Derivatives designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets $ 0.9 $ 0.6 Commodity contracts Prepaids and other current assets 1.0 0.9 Cross-currency swap contract Prepaids and other current assets 1.1 — Commodity contracts Other non-current assets 0.4 0.2 Interest rate swap contracts Other non-current assets 1.2 — Cross-currency swap contract Other non-current assets 2.2 — Total derivatives designated as hedging instruments 6.8 1.7 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets 0.1 — Total derivatives NOT designated as hedging instruments 0.1 — Total asset derivatives $ 6.9 $ 1.7 The fair values of outstanding derivative contracts recorded as liabilities in the accompanying consolidated (condensed) balance sheets as of March 31, 2017 and December 31, 2016 were as follows: LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value March 31, 2017 December 31, 2016 Derivatives designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities $ 0.4 $ 0.8 Commodity contracts Accrued expenses and other liabilities — 0.1 Interest rate swap contracts Accrued expenses and other liabilities 2.8 — Interest rate swap contracts Other long-term liabilities 5.7 — Total derivatives designated as hedging instruments 8.9 0.9 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities 0.2 0.2 Total derivatives NOT designated as hedging instruments 0.2 0.2 Total liability derivatives $ 9.1 $ 1.1 The effects of derivative instruments in the accompanying consolidated (condensed) statements of operations for the three months ended March 31, 2017 and 2016 for gains or losses initially recognized in "Accumulated other comprehensive loss" ("AOCI") in the accompanying consolidated (condensed) balance sheets were as follows: Derivatives in cash flow hedging relationships (in millions) Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax) Location of gain (loss) reclassified from AOCI into income (effective portion) Amount of gain (loss) reclassified from AOCI into income (effective portion) Three Months Ended March 31, Three Months Ended March 31, 2017 2016 2017 2016 Foreign exchange contracts $ 0.4 $ 0.1 Cost of sales $ 0.2 $ (0.1 ) Commodity contracts — 0.8 Cost of sales 0.2 (0.9 ) Interest rate swap contracts (1.0 ) — Selling, general and administrative expenses — — Cross-currency swap contract (1) 3.3 — Selling, general and administrative expenses — — Total $ 2.7 $ 0.9 $ 0.4 $ (1.0 ) (1) The amount of gain recognized in AOCI for the cross-currency swap contract is included in other comprehensive income as part of the cumulative translation adjustment in the accompanying unaudited consolidated (condensed) statements of comprehensive income. Derivatives relationships (in millions) Amount of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) Location of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) Three Months Ended March 31, 2017 2016 Commodity contracts $ 0.3 $ — Cost of sales Total $ 0.3 $ — Derivatives NOT designated as hedging instruments (in millions) Amount of gain (loss) recognized in income on derivative Location of gain (loss) recognized in income on derivative Three Months Ended March 31, 2017 2016 Foreign exchange contracts $ (0.3 ) $ (0.1 ) Other expense (income) — net Commodity contracts — 0.5 Other expense (income) — net Total $ (0.3 ) $ 0.4

Inventories - Net

Inventories - Net	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Inventories - Net	Inventories — Net The components of inventories — net at March 31, 2017 and December 31, 2016 are summarized as follows: March 31, December 31, (in millions) 2017 2016 Inventories — gross: Raw materials $ 73.8 $ 68.2 Work-in-process 20.3 18.3 Finished goods 104.4 85.1 Total inventories — gross 198.5 171.6 Excess and obsolete inventory reserve (24.0 ) (22.5 ) Net inventories at FIFO cost 174.5 149.1 Excess of FIFO costs over LIFO value (3.5 ) (3.5 ) Inventories — net $ 171.0 $ 145.6

Property, Plant and Equipment -

Property, Plant and Equipment - Net	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment - Net	Property, Plant and Equipment — Net The components of property, plant and equipment — net at March 31, 2017 and December 31, 2016 are summarized as follows: March 31, December 31, (in millions) 2017 2016 Land $ 7.1 $ 7.3 Building and improvements 87.3 91.3 Machinery, equipment and tooling 217.5 215.1 Furniture and fixtures 5.6 5.8 Computer hardware and software 53.4 52.9 Construction in progress 12.9 11.2 Total cost 383.8 383.6 Less accumulated depreciation (276.1 ) (274.5 ) Property, plant and equipment — net $ 107.7 $ 109.1

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The Company has three reportable segments: Americas; Europe, Middle East and Africa ("EMEA"); and Asia Pacific ("APAC"). The Americas segment includes the U.S., Canada and Latin America. The EMEA segment is made up of markets in Europe, Middle East and Africa, including Russia and the Commonwealth of Independent States. The APAC segment is principally comprised of markets in China, Singapore, Australia, New Zealand, India, Malaysia, Indonesia, Thailand, Japan, South Korea and the Philippines. The changes in the carrying amount of goodwill by reportable segment for the three months ended March 31, 2017 are as follows: (in millions) Americas EMEA APAC Total Balance as of December 31, 2016 $ 832.6 $ 4.7 $ 8.0 $ 845.3 Foreign currency impact — 0.1 0.2 0.3 Balance as of March 31, 2017 $ 832.6 $ 4.8 $ 8.2 $ 845.6 The Company accounts for goodwill and other intangible assets under the guidance of ASC Topic 350, "Intangibles - Goodwill and Other." The Company performs an annual impairment test or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company tests its reporting units and indefinite-lived intangible assets using a fair-value method based on the present value of future cash flows, which involves management's judgments and assumptions about the amounts of those cash flows and the discount rates used. The estimated fair value is then compared with the carrying amount of the reporting unit, including recorded goodwill, or indefinite-lived intangible asset. The intangible asset is then subject to risk of write-down to the extent that the carrying amount exceeds the estimated fair value. As of June 30, 2016, the Company performed the annual impairment test for its reporting units, which were Americas, EMEA, and APAC, as well as its indefinite-lived intangible assets, and based on those results, the fair value of each of the Company's reporting units exceeded their respective carrying values and no impairment was indicated. The Company early adopted ASU 2017-04, "Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment," as of January 1, 2017 and will apply the guidance from this standard beginning with its annual goodwill assessment performed as of June 30, 2017. The gross carrying amount and accumulated amortization of the Company's intangible assets other than goodwill are as follows as of March 31, 2017 and December 31, 2016 : March 31, 2017 December 31, 2016 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 173.4 $ — $ 173.4 $ 172.4 $ — $ 172.4 Customer relationships 415.2 (176.6 ) 238.6 415.2 (171.4 ) 243.8 Patents 1.6 (1.6 ) — 1.6 (1.6 ) — Other intangibles 141.4 (75.5 ) 65.9 140.7 (72.5 ) 68.2 Total $ 731.6 $ (253.7 ) $ 477.9 $ 729.9 $ (245.5 ) $ 484.4 Amortization expense for the three months ended March 31, 2017 and 2016 was $7.8 million .

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses and Other Liabilities	3 Months Ended
	Mar. 31, 2017
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses and Other Liabilities	Accounts Payable and Accrued Expenses and Other Liabilities Accounts payable and accrued expenses and other liabilities at March 31, 2017 and December 31, 2016 are summarized as follows: March 31, December 31, (in millions) 2017 2016 Accounts payable: Trade accounts payable $ 117.9 $ 108.4 Total accounts payable $ 117.9 $ 108.4 Accrued expenses and other liabilities: Interest payable $ 5.0 $ 15.7 Income taxes payable 4.6 2.5 Employee related expenses 32.0 29.8 Restructuring expenses 4.3 3.3 Profit sharing and incentives 6.2 14.2 Accrued rebates 31.3 56.0 Deferred revenue - current 4.5 4.4 Customer advances 4.7 7.4 Product liability 2.1 2.3 Miscellaneous accrued expenses 43.0 38.9 Total accrued expenses and other liabilities $ 137.7 $ 174.5

Accounts Receivable Securitizat

Accounts Receivable Securitization	3 Months Ended
	Mar. 31, 2017
Transfers and Servicing [Abstract]
Accounts Receivable Securitization	Accounts Receivable Securitization Prior to the Spin-Off, the Company sold accounts receivable through an accounts receivable securitization facility, ("the Prior Securitization Program"), comprised of two funding entities: Manitowoc Funding, LLC ("U.S. Seller") and Manitowoc Cayman Islands Funding Ltd. ("Cayman Seller"). The U.S. Seller historically serviced domestic entities of both the Foodservice and Cranes segments of MTW and remitted all funds received directly to MTW. The Cayman Seller historically serviced solely Welbilt foreign entities and remitted all funds to Welbilt entities. The U.S. Seller remained with MTW subsequent to the Spin-Off, while the Cayman Seller was transferred to Welbilt subsequent to the Spin-Off. As the U.S. Seller is not directly attributable to Welbilt, only the receivables which were transferred to the U.S. Seller but not sold are reflected in the Company's accompanying consolidated (condensed) balance sheets. A portion of the U.S. Seller's historical expenses related to bond administration fees and settlement fees was allocated to the Company. As the Cayman Seller is directly attributable to Welbilt, the assets, liabilities, income and expenses of the Cayman Seller are included in the Company's accompanying consolidated (condensed) statements of operations and balance sheets. The Company's cost of funds under the facility used a London Interbank Offered Rate (" LIBOR ") index rate plus a 1.25% fixed spread. On March 3, 2016, the Company entered into a new $110.0 million accounts receivable securitization program (the "2016 Securitization Facility") among the Cayman Seller, as seller, Welbilt, Garland Commercial Ranges Limited, Convotherm Elektrogeräte GmbH, Welbilt Deutschland GmbH, Welbilt UK Limited, Welbilt Asia Pacific Private Limited and the other persons who may be from time to time, a party thereto, as servicers, with Wells Fargo Bank, National Association, as purchaser and agent, whereby the Company will sell certain of its domestic trade accounts receivable and certain of its non-U.S. trade accounts receivable to a wholly-owned, bankruptcy-remote, foreign special purpose entity, which in turn, will sell, convey, transfer and assign to a third-party financial institution (the “Purchaser”), all of the rights, title and interest in and to its pool of receivables. The Purchaser will receive ownership of the pool of receivables. The Company, along with certain of its subsidiaries, acts as servicers of the receivables and as such administer, collect and otherwise enforce the receivables. The servicers will be compensated for doing so on terms that are generally consistent with what would be charged by an unrelated servicer. As servicers, they will initially receive payments made by obligors on the receivables but will be required to remit those payments in accordance with a receivables purchase agreement. The Purchaser will have no recourse for uncollectible receivables. The 2016 Securitization Facility also contains customary affirmative and negative covenants. Among other restrictions, these covenants require the Company to meet specified financial tests, which include a Consolidated Interest Coverage Ratio and a Consolidated Total Leverage Ratio that are the same as the covenant ratios required under the 2016 Credit Agreement as described in Note 10, "Debt." Due to a short average collection cycle of less than 60 days for such accounts receivable as well as the Company's collection history, the fair value of its deferred purchase price notes approximated book value. The fair value of the deferred purchase price notes as of March 31, 2017 and December 31, 2016 was $73.1 million and $60.0 million , respectively, and is included in "Accounts receivable, less allowances" in the accompanying consolidated (condensed) balance sheets. Trade accounts receivables sold to the Purchaser and being serviced by the Company totaled $88.0 million and $96.7 million at March 31, 2017 and December 31, 2016 , respectively. Transactions under the 2016 Securitization Facility and the Prior Securitization Program were accounted for as sales in accordance with ASC Topic 860, "Transfers and Servicing." Sales of trade receivables to the Purchaser are reflected as a reduction of accounts receivable in the accompanying consolidated (condensed) balance sheets and the proceeds received, including collections on the deferred purchase price notes, are included in cash flows from operating activities in the accompanying consolidated (condensed) statements of cash flows. The Company deems the interest rate risk related to the deferred purchase price notes to be de minimis, primarily due to the short average collection cycle of the related receivables (i.e., 60 days) as noted above.

Debt

Debt	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt	Debt Senior Secured Credit Facilities On March 3, 2016, the Company entered into a credit agreement (the "2016 Credit Agreement") for a new senior secured revolving credit facility in an aggregate principal amount of $225.0 million (the "Revolving Facility") and a senior secured Term Loan B facility in an aggregate principal amount of $975.0 million (the "Term Loan B Facility" and, together with the Revolving Facility, the "Senior Secured Credit Facilities") with JPMorgan Chase Bank, N.A, as administrative agent and collateral agent, J.P. Morgan Securities LLC, Goldman Sachs Bank USA, HSBC Securities (USA) Inc., and Citigroup Global Markets Inc., on behalf of certain of its affiliates, as joint lead arrangers and joint bookrunners, and certain lenders, as lenders. The Revolving Facility includes (i) a $20.0 million sublimit for the issuance of letters of credit on customary terms, and (ii) a $40.0 million sublimit for swingline loans on customary terms. The Company entered into security and other agreements relating to the 2016 Credit Agreement. During the three months ended March 31, 2017, the Company recorded an out-of-period adjustment of $2.7 million to correct for the loss incurred on the prepayments made in 2016 on the Term Loan B Facility related to unamortized debt issuance costs, which is included in "Loss on early extinguishment of debt" in the accompanying consolidated (condensed) statements of operations. The related income tax benefit of $1.0 million was recognized as a discrete item in "Income taxes" in the accompanying consolidated (condensed) statements of operations during the first quarter of 2017. Management has determined the error correction is not material to the periods of origination nor the period of correction. On March 6, 2017, the 2016 Credit Agreement was amended providing for a decrease to the maximum applicable margin for LIBOR and Alternate Base Rate (“ABR”) loans by 1.75% on the Term Loan B Facility (the "Amendment"). The repricing was completed at par, and establishes for six months a 1.0% premium in the case of another repricing event. JPMorgan Chase Bank, N.A., as administrative agent, and JPMorgan Chase Bank, N.A. and Goldman Sachs Bank, USA were joint bookrunners on the repricing. In connection with the Amendment, the Company incurred costs of $1.4 million during the three months ended March 31, 2017, which were recorded in "Long-term debt and capital leases" in the accompanying consolidated (condensed) balance sheets and are being amortized over the remaining term of the Term Loan B Facility. Additionally, the Company recorded a loss on early extinguishment of debt of $0.5 million during the three months ended March 31, 2017 related to unamortized debt issuance costs. Subsequent to the Amendment, the borrowings under the Senior Secured Credit Facilities bear interest at a rate per annum equal to, at the option of the Company, (i) LIBOR plus the applicable margin of 3.00% for term loans subject to a 1.00% LIBOR floor and 1.50% - 2.75% for revolving loans, based on consolidated total leverage, or (ii) an alternate base rate plus the applicable margin, which will be 1.00% lower than for LIBOR loans. The 2016 Credit Agreement contains financial covenants including (a) a Consolidated Interest Coverage Ratio, which measures the ratio of (i) Consolidated EBITDA, as defined in the 2016 Credit Agreement, to (ii) Consolidated Cash Interest Expense, and (b) a Consolidated Total Leverage Ratio, which measures the ratio of (i) Consolidated Indebtedness to (ii) Consolidated EBITDA for the most recent four fiscal quarters. The current covenant levels of the financial covenants under the Senior Secured Credit Facilities are set forth below: Fiscal Quarter Ending Consolidated Total Leverage Ratio (less than) Actual Consolidated Total Leverage Ratio Consolidated Interest Coverage Ratio (greater than) Actual Consolidated Interest Coverage Ratio March 31, 2017 5.50:1.00 5.20:1.00 2.50:1.00 2.71:1.00 Obligations of the Company under the Senior Secured Credit Facilities are jointly and severally guaranteed by certain of its existing and future direct and indirectly wholly-owned U.S. subsidiaries (but excluding (i) unrestricted subsidiaries, (ii) immaterial subsidiaries, and (iii) special purpose securitization vehicles). There is a first priority perfected lien on substantially all of the assets and property of the Company and guarantors and proceeds therefrom excluding certain excluded assets. The liens securing the obligations of the Company under the Senior Secured Credit Facilities are pari passu. Senior Notes On February 18, 2016, the Company issued 9.50% Senior Notes due 2024 in an aggregate principal amount of $425.0 million (the "Senior Notes") under an indenture with Wells Fargo Bank, National Association, as trustee (the "Trustee"). The Senior Notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each of the Company's domestic restricted subsidiaries that is a borrower or guarantor under the Senior Secured Credit Facilities. The Senior Notes and the subsidiary guarantees are unsecured, senior obligations. The Senior Notes were initially sold to qualified institutional buyers pursuant to Rule 144A (and outside the United States in reliance on Regulation S) under the Securities Act of 1933, as amended (the "Securities Act"). In September 2016, the Company completed an exchange offer pursuant to which all of the initial Senior Notes were exchanged for new Senior Notes, the issuance of which was registered pursuant under the Securities Act. The notes are redeemable, at the Company's option, in whole or in part from time to time, at any time prior to February 15, 2019, at a price equal to 100.0% of the principal amount thereof plus a “make-whole” premium and accrued but unpaid interest to the date of redemption. In addition, the Company may redeem the notes at its option, in whole or in part, at the following redemption prices (expressed as percentages of the principal amount thereof) if redeemed during the 12-month period commencing on February 15 of the years set forth below: Year Percentage 2019 107.1 % 2020 104.8 % 2021 102.4 % 2022 and thereafter 100.0 % The Company must generally offer to repurchase all of the outstanding Senior Notes upon the occurrence of certain specific change of control events at a purchase price equal to 101.0% of the principal amount of Senior Notes purchased plus accrued and unpaid interest to the date of purchase. The indenture provides for customary events of default. Generally, if an event of default occurs (subject to certain exceptions), the Trustee or the holders of at least 25.0% in aggregate principal amount of the then-outstanding Senior Notes may declare all the Senior Notes to be due and payable immediately. Outstanding debt at March 31, 2017 and December 31, 2016 is summarized as follows: March 31, December 31, (in millions) 2017 2016 Revolving credit facility $ 140.0 $ 63.5 Term Loan B 825.0 825.0 Senior Notes due 2024 425.0 425.0 Other 7.1 3.3 Total debt and capital leases, including current portion 1,397.1 1,316.8 Less current portion and short-term borrowings (4.6 ) (1.6 ) Less unamortized debt issuance costs and debt discount (33.4 ) (36.5 ) Less fair value of the interest rate swap (5.7 ) — Total long-term debt and capital leases $ 1,353.4 $ 1,278.7 As of March 31, 2017 , the Company had outstanding $7.1 million of other indebtedness that has a weighted-average interest rate for the three months ended March 31, 2017 of approximately 3.11% per annum. As of March 31, 2017 , the Company had $140.0 million of borrowings outstanding under the Revolving Facility. During the quarter ended March 31, 2017 , the highest daily borrowing was $172.0 million and the average borrowing was $130.7 million , while the average interest rate was 3.34% per annum. The interest rate fluctuates based upon LIBOR or a Prime rate plus a spread, which is based upon the Consolidated Total Leverage Ratio of the Company. As of March 31, 2017 , the spreads for LIBOR and Prime borrowings were 2.50% and 1.50% , respectively, given the Company's effective Consolidated Total Leverage Ratio for this period. As of March 31, 2017 , the Company was in compliance with all affirmative and negative covenants in its debt instruments, inclusive of the financial covenants pertaining to the Senior Secured Credit Facilities and the Senior Notes. Based upon management's current plans and outlook, management believes the Company will be able to comply with these covenants during the subsequent 12 months.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended March 31, 2017 , the Company recorded a $2.1 million income tax provision, reflecting a 29.6% effective tax rate, compared to an $4.6 million income tax provision, reflecting a 20.3% effective tax rate for the three months ended March 31, 2016 . The increase in the Company's effective tax rate for the three months ended March 31, 2017 , relative to the three months ended March 31, 2016 , was primarily due to the geographic shift of global earnings from lower-rate foreign jurisdictions to higher-rate U.S. source income. Additionally, $2.9 million in tax related out-of-period balance sheet adjustments related to the Spin-Off were recognized as a discrete benefit in the income tax provision for the first quarter of 2016, whereas a $1.0 million income tax benefit was recognized as a discrete item during the first quarter of 2017 related to the $2.7 million out-of-period adjustment for unamortized debt issuance costs of the Term Loan B facility as discussed in Note 10, "Debt." In connection with the Spin-Off, tax account balances will be adjusted as necessary upon filing of the 2016 Welbilt and MTW’s U.S. corporate tax returns. The Company's effective tax rate varies from the 35.0% U.S. federal statutory rate due to the relative weighting of foreign earnings before income taxes and foreign effective tax rates that are generally lower than the U.S. federal statutory rate. Foreign earnings are generated from operations in the Company's three reportable segments of Americas, EMEA, and APAC. The Company will continue to periodically evaluate its valuation allowance requirements in light of changing facts and circumstances, and may adjust its deferred tax asset valuation allowances accordingly. It is reasonably possible that the Company will either add to, or reverse a portion of its existing deferred tax asset valuation allowances in the future. Such changes in the deferred tax asset valuation allowances will be reflected in the current operations through the Company's income tax provision, and could have a material effect on operating results. The Company's unrecognized tax benefits, including interest and penalties, were $12.3 million and $12.6 million as of March 31, 2017 and December 31, 2016 , respectively. The decrease is due to the release of unrecognized tax benefit that is no longer uncertain and which is partially offset by the interest accrual. During the next twelve months, it is reasonably possible that federal, state and foreign tax resolutions could change unrecognized tax benefits and income tax expense in the range of $0.1 million to $0.5 million . The Company regularly assesses the likelihood of an adverse outcome resulting from examinations to determine the adequacy of its tax reserves. As of March 31, 2017 , the Company believes that it is more likely than not that the tax positions it has taken will be sustained upon the resolution of its audits resulting in no material impact on its consolidated financial position and the results of operations and cash flows. However, the final determination with respect to any tax audits, and any related litigation, could be materially different from the Company's estimates and/or from its historical income tax provisions and accruals and could have a material effect on operating results and/or cash flows in the periods for which that determination is made. In addition, future period earnings may be adversely impacted by litigation costs, settlements, penalties, and/or interest assessments.

Equity

Equity	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Equity	Equity On March 4, 2016, MTW distributed 137.0 million shares of Welbilt common stock to MTW's shareholders on a pro rata basis, and Welbilt became an independent publicly traded company with each shareholder receiving one share of its common stock for each share of MTW common stock held by the shareholder on February 22, 2016, the record date for the distribution. Any fractional shares of its common stock otherwise issuable to MTW shareholders were aggregated into whole shares and sold on the open market, and the fractional shareholders will receive a pro rata share of the proceeds of the sale, after deducting any taxes required to be withheld and after deducting an amount equal to all brokerage fees and other costs attributed to the sale. On March 3, 2016, prior to the completion of the Spin-Off, the Company paid a one-time cash dividend to MTW of $1,362.0 million . The Company did not declare or pay any other dividends to its stockholders during the three months ended March 31, 2017 and 2016 . The following is a roll-forward of equity for the three months ended March 31, 2017 : (in millions, except share data) Shares Common Stock Additional Paid-In Capital (Deficit) Retained Earnings Accumulated Other Comprehensive (Loss) Income Total Equity (Deficit) Balance at December 31, 2016 138,601,327 $ 1.4 $ (72.0 ) $ 70.5 $ (43.4 ) $ (43.5 ) Net earnings — — — 5.0 — 5.0 Issuance of common stock, equity-based compensation plans 316,862 — 1.0 — — 1.0 Stock-based compensation expense — — 4.4 — — 4.4 Other comprehensive income — — — — 6.8 6.8 Balance at March 31, 2017 138,918,189 $ 1.4 $ (66.6 ) $ 75.5 $ (36.6 ) $ (26.3 ) Reconciliations for the changes in accumulated other comprehensive income (loss), net of tax, by component for the three months ended March 31, 2017 and 2016 are as follows: (in millions) Foreign Currency Translation Gains and Losses on Cash Flow Hedges Pension & Postretirement Total Balance at December 31, 2016 $ (9.8 ) $ 0.8 $ (34.4 ) $ (43.4 ) Other comprehensive income (loss) before reclassifications 7.0 (0.4 ) — 6.6 Amounts reclassified from accumulated other comprehensive income (loss) — (0.2 ) 0.4 0.2 Net current period other comprehensive income (loss) 7.0 (0.6 ) 0.4 6.8 Balance at March 31, 2017 $ (2.8 ) $ 0.2 $ (34.0 ) $ (36.6 ) (in millions) Foreign Currency Translation Gains and Losses on Cash Flow Hedges Pension & Postretirement Total Balance at December 31, 2015 $ (7.9 ) $ (1.8 ) $ (34.8 ) $ (44.5 ) Other comprehensive income (loss) before reclassifications 17.2 0.3 (9.4 ) 8.1 Amounts reclassified from accumulated other comprehensive income (loss) — 0.6 0.5 1.1 Net current period other comprehensive income (loss) 17.2 0.9 (8.9 ) 9.2 Balance at March 31, 2016 $ 9.3 $ (0.9 ) $ (43.7 ) $ (35.3 ) The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2017 : Three Months Ended March 31, 2017 (in millions) Amount Reclassified from Accumulated Other Comprehensive (Income) Loss Recognized Location Gains and losses on cash flow hedges Foreign currency exchange contracts $ 0.2 Cost of sales Commodity contracts 0.2 Cost of sales 0.4 Total before tax (0.2 ) Tax benefit $ 0.2 Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.5 ) (a) (0.5 ) Total before tax 0.1 Tax expense $ (0.4 ) Net of tax Total reclassifications for the period, net of tax $ (0.2 ) Net of tax The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2016 : Three Months Ended March 31, 2016 (in millions) Amount Reclassified from Accumulated Other Comprehensive (Income) Loss Recognized Location Gains and losses on cash flow hedges Foreign currency exchange contracts $ (0.1 ) Cost of sales Commodity contracts (0.9 ) Cost of sales (1.0 ) Total before tax 0.4 Tax expense $ (0.6 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.6 ) (a) (0.6 ) Total before tax 0.1 Tax expense $ (0.5 ) Net of tax Total reclassifications for the period, net of tax $ (1.1 ) Net of tax (a) These other comprehensive income (loss) components are included in the net periodic pension cost (see Note 17, "Employee Benefit Plans," for further details).

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company's employees historically participated in MTW's stock-based compensation plans. Stock-based compensation expense relating to awards under MTW's stock-based compensation plans has been allocated to the Company based on the awards and terms previously granted to its employees. Until consummation of the Spin-Off, the Company continued to participate in MTW's stock-based compensation plans and record stock-based compensation expense based on the stock-based awards granted to the Company's employees. The Company adopted the 2016 Omnibus Incentive Compensation Plan (the "2016 Plan") in March 2016, under which it makes equity-based and cash-based incentive awards to attract, retain, focus and motivate executives and other selected employees, directors, consultants and advisors. The 2016 Plan is intended to accomplish these objectives by offering participants the opportunity to acquire shares of Welbilt common stock, receive monetary payments based on the value of such common stock or receive other incentive compensation under the 2016 Plan. In addition, the 2016 Plan permits the issuance of awards ("Replacement Awards") in partial substitution for awards relating to shares of common stock of MTW that were outstanding immediately prior to the Spin-Off. The Company's Compensation Committee administers the 2016 Plan (the "Administrator"). The 2016 Plan authorizes the Administrator to interpret the provisions of the 2016 Plan; prescribe, amend and rescind rules and regulations relating to the 2016 Plan; correct any defect, supply any omission, or reconcile any inconsistency in the 2016 Plan, any award or any agreement covering an award; and make all other determinations necessary or advisable for the administration of the 2016 Plan, in each case in its sole discretion. The 2016 Plan permits the granting of stock options (including incentive stock options), stock appreciation rights, restricted stock awards, restricted stock units, performance shares, performance units, annual cash incentives, long-term cash incentives, dividend equivalent units and other types of stock-based awards. Under the 2016 Plan, 16.2 million shares of Welbilt common stock have been reserved for issuance, all of which may be issued upon the exercise of incentive stock options. These numbers may be adjusted in the event of certain corporate transactions or other events specified in the 2016 Plan. Following the Spin-Off on March 4, 2016, the Company granted long-term stock-based incentive awards under the 2016 Plan to its executive officers. The long-term stock-based incentive awards consisted of stock options with 4 -year ratable vesting ( 25% of the aggregate grant value of the long-term incentive award) and performance shares ( 75% of the aggregate grant value of the long-term incentive award) that will be earned or forfeited based on performance as measured by cumulative fully diluted earnings per share and return on invested capital over a 3 -year performance period. The details of these awards to the Company's named executive officers is disclosed as required by applicable SEC regulations in the Company's proxy statement. The Company recognized total stock-based compensation of $4.4 million during the three months ended March 31, 2017 . Of this amount, $2.0 million was recognized in "Restructuring expense" in the accompanying consolidated (condensed) statements of operations for the accelerated vesting of certain equity awards in connection with the retirement of two executives as described in Note 16, "Restructuring," and the remaining $2.4 million is included in "Selling, general and administrative expenses." Total stock-based compensation expense was $1.3 million for the three months ended March 31, 2016 , which includes $0.5 million of separation expense recorded in "Separation expense" in the accompanying consolidated (condensed) statements of operations as a result of the modification of certain MTW restricted stock unit awards to pay out at target upon consummation of the Spin-Off and the remaining $0.8 million is included in "Selling, general and administrative expenses." The Company recognizes stock-based compensation expense based on fair value of the award on the grant date over the requisite service period and estimates forfeitures when calculating compensation expense. The Company granted options to acquire 0.3 million shares of common stock to employees during the three months ended March 31, 2017 and 2016 . In addition, the Company issued a total of 0.4 million restricted stock units to employees and directors during the three months ended March 31, 2017 , and 0.3 million restricted stock units to employees and directors during the three months ended March 31, 2016 . The restricted stock units granted to employees vest on the third anniversary of the grant date. The restricted stock units granted to directors vest on the second anniversary of the grant date.

Contingencies and Significant E

Contingencies and Significant Estimates	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Significant Estimates	Contingencies and Significant Estimates As of March 31, 2017 , the Company held reserves for environmental matters related to certain locations of approximately $0.5 million . At certain of the Company's other facilities, it has identified potential contaminants in soil and groundwater. The ultimate cost of any remediation required will depend upon the results of future investigation and is not reasonably estimable. Based upon available information, the Company does not expect the ultimate costs at any of these locations will have a material adverse effect on its financial condition, results of operation, or cash flows individually or in the aggregate. The Company believes that it has obtained and is in substantial compliance with those material environmental permits and approvals necessary to conduct its various businesses. Based on the facts presently known, it does not expect environmental compliance costs to have a material adverse effect on its financial condition, results of operations or cash flows. As of March 31, 2017 , various product-related lawsuits were pending. To the extent permitted under applicable law, all of these are insured with self-insurance retention levels. The Company's self-insurance retention levels vary by business, and have fluctuated over the last 10 years. The range of the Company's current self-insured retention levels is $0.1 million to $0.3 million per occurrence and $1.3 million in the aggregate. As of March 31, 2017 , the largest self-insured retention level for new occurrences currently maintained by the Company was $0.3 million per occurrence and applied to product liability claims for the hot category products manufactured in the United States. Product liability reserves are included in "Accrued expenses and other liabilities" in the accompanying consolidated (condensed) balance sheets at March 31, 2017 and December 31, 2016 and were $2.1 million and $2.3 million , respectively; $0.5 million and $0.7 million , respectively, was reserved specifically for actual cases, and $1.6 million , for claims incurred but not reported, which were estimated using actuarial methods. Based on the Company's experience in defending product liability claims, management believes the current reserves are adequate for estimated case resolutions on aggregate self-insured claims and insured claims. Any recoveries from insurance carriers are dependent upon the legal sufficiency of claims and solvency of insurance carriers. At March 31, 2017 and December 31, 2016 , the Company had reserved $24.6 million and $27.9 million , respectively, for warranty claims expected to be paid out within a year or less, which are included in "Product warranties" in the accompanying consolidated (condensed) balance sheets. At March 31, 2017 and December 31, 2016 , the Company had reserved $11.3 million and $8.4 million , respectively, for warranty claims expected to be paid out after a year, which are included in "Other long-term liabilities" in the accompanying consolidated (condensed) balance sheets. Certain of these warranty and other related claims involve matters in dispute that ultimately are resolved by negotiations, arbitration or litigation. See Note 15, “Product Warranties,” for further information. It is reasonably possible that the estimates for environmental remediation, product liability and warranty costs may change in the near future based upon new information that may arise or matters that are beyond the scope of its historical experience. Presently, there are no reliable methods to estimate the amount of any such potential changes. The Company is also subject to litigation claims arising in the ordinary course of business. The Company believes that it has adequately accrued for legal matters as appropriate. The Company records litigation accruals for legal matters which are both probable and estimable and for related legal costs as incurred. The Company does not reduce these liabilities for potential insurance or third-party recoveries and any insurance recoveries are recorded in "Accounts receivable, less allowances" in the accompanying consolidated (condensed) balance sheets with a corresponding reduction to "Selling, general and administrative expenses" in the accompanying consolidated (condensed) statements of operations. In the opinion of management, the ultimate resolution of all litigation matters is not expected to have, individually or in the aggregate, a material adverse effect on the Company's financial condition, results of operations or cash flows.

Product Warranties

Product Warranties	3 Months Ended
	Mar. 31, 2017
Guarantees [Abstract]
Product Warranties	Product Warranties In the normal course of business, the Company provides its customers product warranties covering workmanship, and in some cases materials, on products manufactured by the Company. Such product warranties generally provide that products will be free from defects for periods ranging from 12 months to 60 months with certain equipment having longer-term warranties. If a product fails to comply with the Company's warranty, the Company may be obligated, at its expense, to correct any defect by repairing or replacing such defective products. The Company provides for an estimate of costs that may be incurred under its warranty at the time product revenue is recognized. These costs primarily include labor and materials, as necessary, associated with repair or replacement. The primary factors that affect its warranty liability include the number of units shipped and historical and anticipated warranty claims. As these factors are impacted by actual experience and future expectations, the Company assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary. Below is a table summarizing the product warranties activity for the three months ended March 31, 2017 : March 31, (in millions) 2017 Balance at the beginning of the period $ 36.3 Accruals for warranties issued 8.6 Settlements made (in cash or in kind) (9.1 ) Currency translation impact 0.1 Balance at the end of the period $ 35.9 The Company also offers extended warranties, which are recorded as deferred revenue and are amortized to income on a straight-line basis over a period equal to that of the warranty period. The short-term portion of deferred revenue on warranties included in "Accrued expenses and other liabilities" in the accompanying consolidated (condensed) balance sheets at March 31, 2017 and December 31, 2016 was $2.9 million and $2.8 million , respectively. The long-term portion of deferred revenue on warranties included in "Other long-term liabilities" in the accompanying consolidated (condensed) balance sheets at March 31, 2017 and December 31, 2016 was $3.2 million and $3.3 million , respectively.

Restructuring

Restructuring	3 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring Certain restructuring activities have been undertaken to recognize cost synergies and rationalize the cost structure of the Company. In 2016, the Company recorded restructuring costs primarily related to a company-wide reduction in force and the closing of its Cleveland, Singapore and Sellersburg facilities. In 2017, the Company recorded additional amounts related primarily to one-time expenses for severance and other related benefits upon the retirement of two executive officers of the Company. The following is a rollforward of all restructuring activities for the three months ended March 31, 2017 : March 31, (in millions) 2017 Balance at the beginning of the period $ 14.4 Restructuring charges 4.6 Use of reserve (1.5 ) Non-cash adjustment (1) (2.0 ) Balance at the end of the period $ 15.5 (1) This non-cash adjustment represents the non-cash stock-based compensation expense recognized during the three months ended March 31, 2017 resulting from the accelerated vesting of certain restricted stock units and stock options upon the retirement of two executive officers. As of March 31, 2017 , the short-term term portion of the liability of $4.3 million was reflected in "Accrued expenses and other liabilities" in the accompanying consolidated (condensed) balance sheets. The long-term portion of the liability of $11.2 million was reflected in "Other long-term liabilities" in the accompanying consolidated (condensed) balance sheets and relates primarily to the long-term portion of the pension withdrawal obligation incurred in connection with the reorganization and plant restructuring of the Company's former Lincoln Foodservice operations. During the fourth quarter of 2015 and through the first half of 2016, the Company relocated its manufacturing, warehousing and distribution operations conducted at its Cleveland, Ohio plant and subsequently closed this facility. The Company sold the related building for a net purchase price of $2.2 million in April 2017 and recognized an asset impairment charge of $0.4 million during the three months ended March 31, 2017, which is included in "Asset impairment charge" in the accompanying consolidated (condensed) statements of operations. These actions relate entirely to the Company's Americas reportable segment. On August 11, 2016, the Company announced that it will transfer the products manufactured at its Singapore plant to its plants in Prachinburi, Thailand and Foshan, China and subsequently close the Singapore plant, which occurred by the end of September 2016. This action relates entirely to the Company's APAC reportable segment. In March 2017, the Company received government approval to proceed with the sale of the Singapore facility and plans to sell the related asset within the next 6 months. On August 11, 2016, the Company announced that it will transfer the products manufactured at its Sellersburg, Indiana plant to its plants in Tijuana and Monterrey, Mexico and subsequently close the Sellersburg plant. During the first quarter of 2017, manufacturing ceased and the Sellersburg plant was ready for immediate sale as of March 31, 2017. As of March 31, 2017 , the property, plant and equipment - net of $1.9 million , $2.6 million and $2.7 million related to the Cleveland, Singapore and Sellersburg plant closures, respectively, met the criteria to be classified as held for sale and are presented as "Current assets held for sale" in the accompanying consolidated (condensed) balance sheets. The Company expects to incur total restructuring costs associated with the aforementioned plant closures of approximately $3.5 million . Of this amount, $0.8 million was recorded during the three months ended ended March 31, 2017. These charges are presented separately in "Restructuring expense" in the accompanying consolidated (condensed) statements of operations. Effective January 2, 2017, Maurice Jones, the Company's former Senior Vice President, General Counsel and Secretary, retired from the Company and pursuant to the terms of his employment agreement, the Company is required to provide severance and other related benefits over the subsequent 18 -month period. The Company incurred a total one-time cost of $2.2 million , including $1.1 million of additional equity-based compensation expense resulting from the accelerated vesting of certain restricted stock units and stock options, that was recorded during the three months ended March 31, 2017 in "Restructuring expense" in the accompanying consolidated (condensed) statements of operations. Mr. Jones will also receive the amount of vested benefits of $2.5 million plus interest at the rate of 9.0% from the Company’s Supplemental Executive Retirement Plan (“SERP”) that will be paid over 5 annual installments. On February 20, 2017, the Company announced that John Stewart, the Company's Senior Vice President and Chief Financial Officer, will retire from the Company on April 28, 2017. The retirement date was subsequently extended to May 5, 2017. Pursuant to the terms of his employment agreement, the Company is required to provide severance and other related benefits over the next 12 -month period. The Company incurred a total one-time cost of $2.5 million , including $1.5 million of additional equity-based compensation resulting from the accelerated vesting of certain restricted stock units and stock options. Of this amount, $1.5 million was recognized during the three months ended March 31, 2017 in "Restructuring expense" and the remaining $1.0 million will be recognized in the second quarter of 2017.

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans The Company maintains several different retirement plans for its operations in the United States, Europe and Asia. This footnote describes those retirement plans that are maintained for the Company's U.S.-based employees. The current plans are based largely upon benefit plans that MTW maintained prior to the Spin-Off. The Company has established a Retirement Plan Committee to manage the operations and administration of all retirement plans and related trusts. Defined Benefit Plans Prior to December 31, 2015, MTW maintained two defined benefit pension plans for its eligible employees and retirees: (1) The Manitowoc Company, Inc. Pension Plan (the “MTW Pension Plan”); and (2) The Manitowoc Company, Inc. Supplemental Executive Retirement Plan (the “MTW SERP”). The MTW Pension Plan and the MTW SERP (together, the “MTW DB Plans”) covered eligible employees of MTW, including MTW's Cranes business and Foodservice business. The MTW Pension Plan is frozen to new participants and future benefit accruals. Effective January 1, 2016, a portion of each MTW DB Plan was spun off to create separate plans for MTW's Foodservice business, for which "MFS" was substituted with "Welbilt" in the following plans due to the Name Change: (1) the Welbilt Pension Plan (the “Welbilt Pension Plan”); and (2) the Welbilt Supplemental Executive Retirement Plan (the “Welbilt SERP”). The Welbilt Pension Plan and the Welbilt SERP (together, the “Welbilt DB Plans”) were initially sponsored by Manitowoc FSG U.S. Holding, LLC (name of the entity changed to Welbilt FSG U.S. Holdings, LLC effective April 19, 2017). The Company assumed sponsorship of the Welbilt DB Plans on March 4, 2016. The Company no longer participates in the MTW DB Plans. The Welbilt DB Plans are substantially similar to the former MTW DB Plans. When comparing the current financial information to financial statements for prior years, it is important to distinguish between: (1) the defined benefit plan that also covered employees of MTW and other MTW subsidiaries (the “Shared Plans”); and (2) the defined benefit plans which are sponsored directly by the Company or its subsidiaries and offered only to the Company employees or retirees (the “Direct Plans”). The Company accounted for the Shared Plans for the purpose of the consolidated (condensed) financial statements as a multiemployer plan. Accordingly, the Company did not record an asset or liability to recognize the funded status of the Shared Plans. However, the costs associated with these Shared Plans of $0.1 million for the three months ended March 31, 2016 are reflected in the accompanying consolidated (condensed) statements of operations. This expense reflects an approximation of the Company's portion of the costs of the Shared Plans as well as costs attributable to MTW corporate employees, which have been allocated to the consolidated (condensed) statements of operations based on methodology deemed reasonable by management. During the three months ended March 31, 2016, the Company assumed certain pension obligations of $55.6 million and related plan assets of $34.1 million , and certain postretirement health obligations of $6.8 million , to newly-created single employer plans for the Company's employees and certain other MTW-sponsored pension plans, as described above. This net transfer of approximately $28.3 million was treated as a non-cash transaction between the Company and MTW. The Company also assumed after-tax deferred gains of $6.1 million related to these plans, which were recorded in AOCI. Direct Plans The Direct Plans are accounted for as defined benefit plans. Accordingly, the funded and unfunded position of each Direct Plan is recorded in the accompanying consolidated (condensed) balance sheets and the income and expenses are recorded in the accompanying consolidated (condensed) statements of operations. Actuarial gains and losses that have not yet been recognized through income are recorded in "Accumulated other comprehensive (loss) income, net of taxes" until they are amortized as a component of net periodic benefit cost. The determination of benefit obligations and the recognition of expenses related to the Direct Plans are dependent on various assumptions. The major assumptions primarily relate to discount rates, long-term expected rates of return on plan assets, and future compensation increases. Management develops each assumption using relevant company experience in conjunction with market-related data for each individual country in which such plans exist. The components of periodic benefit costs for the Direct Plans for the three months ended March 31, 2017 and 2016 are as follows: Three Months Ended Three Months Ended March 31, 2017 March 31, 2016 (in millions) Pension Plans Postretirement Pension Plans Postretirement Interest cost of projected benefit obligations $ 1.3 $ 0.1 $ 2.2 $ 0.1 Expected return on plan assets (1.5 ) — (1.6 ) — Amortization of actuarial net loss 0.5 — 0.6 — Net periodic benefit costs $ 0.3 $ 0.1 $ 1.2 $ 0.1 Defined Contribution Plans Prior to December 31, 2015, MTW maintained three defined contribution retirement plans for its eligible employees and retirees: (1) The Manitowoc Company, Inc. 401(k) Retirement Plan (the “MTW 401(k) Retirement Plan”); (2) The Manitowoc Company, Inc. Retirement Savings Plan (the “MTW Retirement Savings Plan”); and (3) The Manitowoc Company, Inc. Deferred Compensation Plan (the “MTW Deferred Compensation Plan”). The MTW 401(k) Retirement Plan, the MTW Retirement Savings Plan and the MTW Deferred Compensation Plan (together, the “MTW DC Plans”) covered eligible employees of MTW, including MTW's Cranes business and Foodservice business. Effective January 1, 2016, a portion of each MTW DC Plan was spun off to create separate plans for MTW's Foodservice business, for which "MFS" was substituted with "Welbilt" in the following plans due to the Name Change: (1) the Welbilt 401(k) Retirement Plan (the “Welbilt 401(k) Retirement Plan”); (2) the Welbilt Retirement Savings Plan (the “Welbilt Retirement Savings Plan”); and (3) the Welbilt Deferred Compensation Plan (the “Welbilt Deferred Compensation Plan”). The Welbilt 401(k) Retirement Plan, the Welbilt Retirement Savings Plan and the Welbilt Deferred Compensation Plan (together, the “Welbilt DC Plans”) were initially sponsored by Manitowoc FSG U.S. Holding, LLC. The Company assumed sponsorship of the Welbilt DC Pension Plans on March 4, 2016. The Company no longer participates in the MTW DC Plans. The Welbilt DC Plans are substantially similar to the former MTW DC Plans. The MTW DC Plans and the Welbilt DC Plans result in individual participant balances that reflect a combination of amounts contributed by MTW and Welbilt or deferred by the participant, amounts invested at the direction of either the Company or the participant, and the continuing reinvestment of returns until the accounts are distributed.

Business Segments

Business Segments	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Business Segments	Business Segments The Company identifies its segments using the “management approach,” which designates the internal organization that is used by management for making operating decisions and assessing performance as the source of the Company's reportable segments. Management organizes the business based on geography, and has designated the regions Americas, EMEA, and APAC as reportable segments. The accounting policies of the Company's reportable segments are the same as those described in the summary of accounting policies in Note 2, "Summary of Significant Accounting Policies and Basis of Presentation," except that certain corporate-level expenses are not allocated to the segments. These unallocated expenses include stock-based compensation expense, amortization expense of intangible assets with definite lives, restructuring expense and other non-operating expenses. For the period prior to the Spin-Off, certain additional MTW corporate overhead expenses that were allocated to the Company were also not allocated to the segments. The Company evaluates segment performance based upon earnings before interest, taxes, other (income) expense - net, depreciation and amortization expense and is adjusted for certain other non-cash or non-recurring items, including asset impairment, restructuring, separation charges and loss on early extinguishment of debt ("Adjusted Operating EBITDA"). The Company's presentation of Adjusted Operating EBITDA may not be comparable to similar measures used by other companies. Beginning in January 2017, the Company updated its performance measure and definition of Adjusted Operating EBITDA (previously titled "Operating EBITA") to additionally exclude at the segment level depreciation expense, asset impairment, restructuring, separation charges and loss on early extinguishment of debt. All prior segment information has been recast to reflect these changes for consistency of presentation. Financial information relating to the Company's reportable segments for the three months ended March 31, 2017 and 2016 is as follows: Three Months Ended March 31, (in millions) 2017 2016 Net sales: Americas $ 267.5 $ 263.6 EMEA 67.8 68.6 APAC 41.7 38.9 Elimination of intersegment sales (49.0 ) (45.6 ) Total net sales $ 328.0 $ 325.5 Segment Adjusted Operating EBITDA: Americas $ 46.8 $ 49.8 EMEA 12.8 7.6 APAC 5.5 3.7 Total Segment Adjusted Operating EBITDA 65.1 61.1 Corporate and unallocated (12.4 ) (11.0 ) Amortization expense (7.8 ) (7.8 ) Depreciation expense (4.0 ) (4.3 ) Separation expense (0.9 ) (3.0 ) Restructuring expense (4.6 ) (1.3 ) Asset impairment expense (0.4 ) — Earnings from operations 35.0 33.7 Interest expense (23.2 ) (8.5 ) Interest expense on notes with MTW — net — (0.1 ) Loss on early extinguishment of debt (3.2 ) — Other expense — net (1.5 ) (2.4 ) Earnings before income taxes $ 7.1 $ 22.7 Adjusted Operating EBITDA % by segment (1) : Americas 17.5 % 18.9 % EMEA 18.9 % 11.1 % APAC 13.2 % 9.5 % (1) Adjusted Operating EBITDA % in the section above is calculated by dividing the dollar amount of Adjusted Operating EBITDA by net sales for each respective segment. Net sales by geographic area (2) : United States $ 215.0 $ 212.1 Other Americas 23.0 23.0 EMEA 54.0 57.2 APAC 36.0 33.2 Total net sales by geographic area $ 328.0 $ 325.5 (2) Net sales in the section above are attributed to geographic regions based on location of customer. As of March 31, 2017 and December 31, 2016 , total assets by reportable segment are as follows: (in millions) March 31, 2017 December 31, 2016 Total assets by segment: Americas $ 1,479.1 $ 1,463.7 EMEA 112.7 102.6 APAC 116.7 110.8 Corporate 128.6 92.0 Total assets $ 1,837.1 $ 1,769.1

Net Parent Company Investment a

Net Parent Company Investment and Related Party Transactions	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Net Parent Company Investment and Related Party Transactions	Net Parent Company Investment and Related Party Transactions Related Party Transactions and Cash Management Prior to the Spin-Off The Company does not enter into transactions with related parties to purchase and/or sell goods or services in the ordinary course of business. Transactions between the Company and MTW are reflected in the accompanying consolidated (condensed) statements of cash flows as a financing activity in “Net transactions with MTW.” Prior to the Spin-Off, the Company participated in MTW's centralized cash management program in which cash was swept each day and held in a centralized account at the corporate level. Corporate Cost Allocations Prior to the Spin-Off Prior to the Spin-Off, MTW performed certain general and corporate functions on the Company's behalf. The related costs included, but were not limited to, accounting, treasury, tax, legal, human resources, audit, and information technology (“general corporate expenses”). For purposes of preparing the combined financial statements for the period prior to the Spin-Off, these costs were allocated on a basis of direct usage, where identifiable, or through the use of allocation methodologies based on percentage of sales, headcount, or other methodologies deemed appropriate by management. These general corporate expenses were included within “Selling, general and administrative expenses." Management believes the assumptions associated with allocating these costs are reasonable. Nevertheless, the combined financial statements may not include all of the actual expense that would have been incurred and may not represent the Company's results of operations, financial position, or cash flows had it been a stand-alone company during the periods prior to the Spin-Off. Actual costs that would have been incurred if the Company had been a standalone company would depend on multiple factors, including organizational structure and strategic decisions made in various areas, including information technology and infrastructure. General corporate expenses allocated to the Company during the three months ended March 31, 2016, were $1.6 million . The total effect of the settlement of these intercompany transactions is reflected as a financing activity in the consolidated (condensed) statements of cash flows. However, the interest income and expense related to the notes with MTW is presented on a net basis in the consolidated (condensed) statements of operations. Interest expense on the notes with MTW was $0.1 million for the three months ended March 31, 2016 . Guarantees Prior to the Spin-Off Certain of MTW's subsidiaries, which includes selected entities that are part of the Company, entered into guarantee agreements with MTW's lenders whereby these subsidiaries guaranteed the obligations under, and/or pledged their assets as collateral, with respect to such MTW debt. However, none of these Company subsidiaries were named as obligors in the debt agreements held in the name of MTW. For that reason, MTW did not historically allocate debt balances and/or charge out third-party debt related expenses to the Company and thus no financing costs or interest expense associated with MTW's debt was allocated to the Company's consolidated (condensed) financial statements for the period prior to the Spin-Off. Post Spin-Off Activity In connection with the Spin-Off, the Company entered into a series of agreements with MTW, which are intended to govern the relationship between the Company and MTW and to facilitate an orderly separation of the Company from MTW. These agreements include a Master Separation and Distribution Agreement ("Separation Agreement"), Transition Services Agreement ("TSA"), Employee Matters Agreement, Intellectual Property Matters Agreement, and Tax Matters Agreement. In accordance with the Separation Agreement, at the time of the Spin-Off, MTW contributed its net investment in the Company and certain assets and liabilities in exchange for a $1,362.0 million cash distribution that was funded through the long-term debt incurred by the Company. In addition, separation related adjustments are included in additional paid-in capital (deficit) on the consolidated (condensed) balance sheet consisting of net liabilities assumed by the Company related to the pension plans of $21.5 million , post-retirement medical obligations of $6.8 million and income taxes payable of $0.6 million . The Separation Agreement included provisions on the allocation of assets and liabilities between legal entities that were being split into a separate MTW and Welbilt legal entity as part of the Spin-Off. The Separation Agreement also included provisions on the split of joint administrative costs that were incurred post Spin-Off. Under the TSA, the Company and MTW will provide each other certain specified services on a transitional basis, including, among others, payroll and other human resource services, information systems, insurance, legal, finance and other corporate services, as well as procurement and sourcing support. The charges for the transition services are generally intended to allow the providing company to fully recover the allocated direct costs of providing the services, plus all out-of-pocket costs and expenses, generally without profit except where required by local law. The Company had substantially completed its use of these transition services by the end of the first quarter of 2017.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share ("EPS") measures the performance of an entity over the reporting period. Diluted EPS measures the performance of an entity over the reporting period while giving effect to all potentially dilutive common shares related to the Company's stock options, restricted stock units and performance shares that were outstanding during the period. On March 4, 2016, MTW distributed 137.0 million shares of Welbilt common stock to MTW shareholders, thereby completing the Spin-Off. Basic and diluted earnings per common share and the average number of common shares outstanding were retrospectively restated for the number of Welbilt shares outstanding immediately following this transaction. The same number of shares were used to calculate basic and diluted earnings per share, for the prior periods presented, since no equity awards were outstanding prior to the Spin-Off. The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share. Three Months Ended March 31, 2017 2016 Basic weighted average common shares outstanding 138,759,075 137,016,712 Effect of dilutive securities 1,672,123 1,547,587 Diluted weighted average common shares outstanding 140,431,198 138,564,299 For the three months ended March 31, 2017 , 0.8 million of common shares issuable upon the exercise of stock options were anti-dilutive and were excluded from the calculation of diluted shares. On March 3, 2016, prior to the completion of the Spin-Off, the Company paid a one-time cash dividend to MTW of approximately $1,362.0 million . The Company did not declare or pay any other dividends to its stockholders during the three months ended March 31, 2017 and 2016.

Subsidiary Guarantors of Senior

Subsidiary Guarantors of Senior Notes due 2024	3 Months Ended
	Mar. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Subsidiary Guarantors of Senior Notes due 2024	Subsidiary Guarantors of Senior Notes due 2024 The following tables present consolidating (condensed) financial information for (a) Welbilt; (b) the guarantors of the Senior Notes, which include substantially all of the domestic, 100% owned subsidiaries of Welbilt ("Subsidiary Guarantors"); and (c) the wholly and partially owned foreign subsidiaries of Welbilt, which do not guarantee the Senior Notes ("Non-Guarantor Subsidiaries"). The information includes elimination entries necessary to consolidate the Subsidiary Guarantors and the Non-Guarantor Subsidiaries. Investments in subsidiaries are accounted for using the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries, equity and intercompany balances and transactions. Separate financial statements of the Subsidiary Guarantors are not presented because the guarantors are fully and unconditionally, jointly and severally liable under the guarantees, except for normal and customary release provisions. , INC. Consolidating (Condensed) Statement of Operations For the Three Months Ended March 31, 2017 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 241.4 $ 173.0 $ (86.4 ) $ 328.0 Cost of sales 0.9 169.7 120.8 (86.4 ) 205.0 Gross profit (0.9 ) 71.7 52.2 — 123.0 Selling, general and administrative expenses 10.1 40.8 23.4 — 74.3 Amortization expense — 7.1 0.7 — 7.8 Separation expense 0.9 — — — 0.9 Restructuring expense 3.7 0.9 — — 4.6 Asset impairment expense — 0.2 0.2 — 0.4 (Loss) earnings from operations (15.6 ) 22.7 27.9 — 35.0 Interest expense 22.2 0.3 0.7 — 23.2 Loss on early extinguishment of debt 3.2 — — — 3.2 Other (income) expense — net (2.9 ) (5.3 ) 9.7 — 1.5 Equity in earnings (loss) of subsidiaries 30.0 12.6 — (42.6 ) — (Loss) earnings before income taxes (8.1 ) 40.3 17.5 (42.6 ) 7.1 Income (benefit) taxes (13.1 ) 10.3 4.9 — 2.1 Net earnings (loss) $ 5.0 $ 30.0 $ 12.6 $ (42.6 ) $ 5.0 Total other comprehensive income (loss), net of tax 6.8 4.4 3.9 (8.3 ) 6.8 Comprehensive income (loss) $ 11.8 $ 34.4 $ 16.5 $ (50.9 ) $ 11.8 WELBILT, INC. Consolidating (Condensed) Statement of Operations For the Three Months Ended March 31, 2016 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 243.1 $ 164.1 $ (81.7 ) $ 325.5 Cost of sales 0.3 169.8 119.5 (81.7 ) 207.9 Gross profit (0.3 ) 73.3 44.6 — 117.6 Selling, general and administrative expenses 10.0 34.7 27.1 — 71.8 Amortization expense — 7.1 0.7 — 7.8 Separation expense 3.0 — — — 3.0 Restructuring expense — 1.1 0.2 — 1.3 (Loss) earnings from operations (13.3 ) 30.4 16.6 — 33.7 Interest expense 7.8 0.7 — — 8.5 Interest expense on notes with MTW — net — — 0.1 — 0.1 Other expense (income) — net 9.9 45.0 (52.5 ) — 2.4 Equity in earnings (loss) of subsidiaries 36.5 46.7 — (83.2 ) — Earnings (loss) before income taxes 5.5 31.4 69.0 (83.2 ) 22.7 Income (benefit) taxes (12.6 ) (5.1 ) 22.3 — 4.6 Net earnings (loss) $ 18.1 $ 36.5 $ 46.7 $ (83.2 ) $ 18.1 Total other comprehensive income (loss), net of tax 9.2 19.8 25.8 (45.6 ) 9.2 Comprehensive income (loss) $ 27.3 $ 56.3 $ 72.5 $ (128.8 ) $ 27.3 , INC. Consolidating (Condensed) Balance Sheet As of March 31, 2017 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.9 $ — $ 82.6 $ (0.9 ) $ 82.6 Restricted cash — — 0.2 — 0.2 Accounts receivable — net — 0.5 93.4 (1.1 ) 92.8 Inventories — net — 83.5 87.5 — 171.0 Prepaids and other current assets 13.1 4.3 11.6 (3.2 ) 25.8 Current assets held for sale — 4.6 2.6 — 7.2 Total current assets 14.0 92.9 277.9 (5.2 ) 379.6 Property, plant and equipment — net 1.4 64.9 41.4 — 107.7 Goodwill — 832.4 13.2 — 845.6 Other intangible assets — net — 416.4 61.5 — 477.9 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 3,071.1 — (3,071.1 ) — Investment in subsidiaries 3,810.3 — — (3,810.3 ) — Other non-current assets 7.2 5.2 19.7 (5.8 ) 26.3 Total assets $ 3,832.9 $ 4,502.9 $ 413.7 $ (6,912.4 ) $ 1,837.1 Liabilities and equity Current liabilities: Accounts payable $ 1.2 $ 60.9 $ 56.9 $ (1.1 ) $ 117.9 Accrued expenses and other liabilities 21.9 68.7 47.1 — 137.7 Short-term borrowings — 0.9 4.0 (0.9 ) 4.0 Current portion of long-term debt and capital leases — 0.4 0.2 — 0.6 Product warranties — 18.4 9.4 (3.2 ) 24.6 Total current liabilities 23.1 149.3 117.6 (5.2 ) 284.8 Long-term debt and capital leases 1,350.9 1.6 0.9 — 1,353.4 Deferred income taxes 118.6 — 17.7 — 136.3 Pension and postretirement health obligations 46.8 4.9 — (5.8 ) 45.9 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,286.5 — 784.6 (3,071.1 ) — Investment in subsidiaries — 512.0 — (512.0 ) — Other long-term liabilities 17.6 24.8 0.6 — 43.0 Total non-current liabilities 3,836.1 543.3 808.1 (3,608.9 ) 1,578.6 Total (deficit) equity: Total (deficit) equity (26.3 ) 3,810.3 (512.0 ) (3,298.3 ) (26.3 ) Total liabilities and equity $ 3,832.9 $ 4,502.9 $ 413.7 $ (6,912.4 ) $ 1,837.1 WELBILT, INC. Consolidating (Condensed) Balance Sheet As of December 31, 2016 (Audited) (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.4 $ 2.3 $ 51.1 $ — $ 53.8 Restricted cash — — 6.4 — 6.4 Accounts receivable — net 0.5 — 86.1 (4.9 ) 81.7 Inventories — net — 74.3 71.3 — 145.6 Prepaids and other current assets 0.9 4.5 8.5 — 13.9 Current assets held for sale — 2.3 4.5 — 6.8 Total current assets 1.8 83.4 227.9 (4.9 ) 308.2 Property, plant and equipment — net 1.2 67.9 40.0 — 109.1 Goodwill — 832.4 12.9 — 845.3 Other intangible assets — net — 423.5 60.9 — 484.4 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 3,085.8 — (3,085.8 ) — Investment in subsidiaries 3,780.3 — — (3,780.3 ) — Other non-current assets 2.7 5.1 19.7 (5.4 ) 22.1 Total assets $ 3,786.0 $ 4,518.1 $ 361.4 $ (6,896.4 ) $ 1,769.1 Liabilities and equity Current liabilities: Accounts payable $ 0.1 $ 64.6 $ 48.6 $ (4.9 ) $ 108.4 Accrued expenses and other liabilities 14.1 97.5 62.9 — 174.5 Current portion of capital leases — 0.5 1.1 — 1.6 Product warranties — 18.4 9.5 — 27.9 Current liabilities held for sale — — 0.7 — 0.7 Total current liabilities 14.2 181.0 122.8 (4.9 ) 313.1 Long-term debt and capital leases 1,277.0 1.7 — — 1,278.7 Deferred income taxes 120.5 — 17.3 — 137.8 Pension and postretirement health obligations 47.9 4.9 — (5.4 ) 47.4 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,344.8 — 741.0 (3,085.8 ) — Investment in subsidiaries — 524.6 — (524.6 ) — Other long-term liabilities 9.4 25.6 0.6 — 35.6 Total non-current liabilities 3,815.3 556.8 763.2 (3,635.8 ) 1,499.5 Total (deficit) equity: Total (deficit) equity (43.5 ) 3,780.3 (524.6 ) (3,255.7 ) (43.5 ) Total liabilities and equity $ 3,786.0 $ 4,518.1 $ 361.4 $ (6,896.4 ) $ 1,769.1 WELBILT, INC. Consolidating (Condensed) Statement of Cash Flows For the Three Months Ended March 31, 2017 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash used in operating activities $ (16.9 ) $ (15.6 ) $ (18.1 ) $ — $ (50.6 ) Cash flows from investing activities Capital expenditures (0.3 ) (2.2 ) (2.4 ) — (4.9 ) Changes in restricted cash — — 6.2 — 6.2 Intercompany investment (58.3 ) — — 58.3 — Net cash (used in) provided by investing activities (58.6 ) (2.2 ) 3.8 58.3 1.3 Cash flows from financing activities Proceeds from long-term debt and capital leases 78.0 — 0.9 — 78.9 Repayments on long-term debt and capital leases (1.5 ) (0.1 ) (0.9 ) — (2.5 ) Debt issuance costs (1.4 ) — — — (1.4 ) Changes in short-term borrowings — 0.9 4.0 (0.9 ) 4.0 Exercises of stock options 0.9 — — — 0.9 Intercompany financing — 14.7 43.6 (58.3 ) — Net cash provided by (used in) financing activities 76.0 15.5 47.6 (59.2 ) 79.9 Effect of exchange rate changes on cash — — (1.8 ) — (1.8 ) Net increase (decrease) in cash and cash equivalents 0.5 (2.3 ) 31.5 (0.9 ) 28.8 Balance at beginning of period 0.4 2.3 51.1 — 53.8 Balance at end of period $ 0.9 $ — $ 82.6 $ (0.9 ) $ 82.6 WELBILT, INC. Consolidating (Condensed) Statement of Cash Flows For the Three Months Ended March 31, 2016 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash provided by (used in) operating activities $ 14.0 $ (39.8 ) $ 2.8 $ — $ (23.0 ) Cash flows from investing activities Capital expenditures (0.9 ) (1.6 ) (2.0 ) — (4.5 ) Changes in restricted cash — — 0.3 — 0.3 Intercompany investment (40.5 ) — — 40.5 — Net cash (used in) provided by investing activities (41.4 ) (1.6 ) (1.7 ) 40.5 (4.2 ) Cash flows from financing activities Proceeds from long-term debt and capital leases 1,424.0 0.2 7.2 — 1,431.4 Repayments on long-term debt and capital leases — (0.2 ) — — (0.2 ) Debt issuance costs (40.6 ) — — — (40.6 ) Changes in short-term borrowings — 1.6 14.5 (1.6 ) 14.5 Dividend paid to MTW (1,362.0 ) — — — (1,362.0 ) Net transactions with MTW 6.1 — — — 6.1 Exercises of stock options 0.1 — — — 0.1 Intercompany financing — 36.3 4.2 (40.5 ) — Net cash provided by (used in) financing activities 27.6 37.9 25.9 (42.1 ) 49.3 Effect of exchange rate changes on cash — — 0.5 — 0.5 Net increase (decrease) in cash and cash equivalents 0.2 (3.5 ) 27.5 (1.6 ) 22.6 Balance at beginning of period — 3.5 28.5 — 32.0 Balance at end of period $ 0.2 $ — $ 56.0 $ (1.6 ) $ 54.6

Summary of Significant Accoun29

Summary of Significant Accounting Policies and Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	The accompanying unaudited consolidated (condensed) financial statements have been prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"). All intercompany balances and transactions between the Company and its affiliates have been eliminated. During the periods presented prior to the Spin-Off on March 4, 2016, the Company's financial statements were prepared on a combined standalone basis derived from the consolidated financial statements and accounting records of MTW. The Company functioned as part of the larger group of companies controlled by MTW. Accordingly, MTW performed certain corporate overhead functions for the Company. Therefore, certain costs related to the Company have been allocated from MTW for the period of January 1, 2016 up to the Spin-Off on March 4, 2016. These allocated costs are primarily related to: 1) corporate officers, 2) employee benefits and compensation, 3) share-based compensation and 4) certain administrative functions, which are not provided at the business level including, but not limited to, finance, treasury, tax, audit, legal, information technology, human resources and investor relations. Where possible, these costs were allocated based on direct usage, with the remainder allocated on a basis of revenue, headcount or other measures the Company determined to be reasonable. Income tax expense in the accompanying consolidated (condensed) statement of operations for the periods prior to the Spin-Off is computed on a separate return basis, as if Welbilt was operating as a separate consolidated group and filed separate tax returns in the jurisdictions in which it operates. As a result of potential changes to the Company's business model and potential past and future tax planning, income tax expense included in the accompanying consolidated (condensed) financial statements for the period prior to the Spin-Off may not be indicative of Welbilt's future expected tax rate. In addition, cash tax payments and items of current and deferred taxes may not be reflective of Welbilt's actual tax balances prior to or subsequent to the Spin-Off. Welbilt, as a stand-alone entity commencing with the Spin-Off, files U.S. federal and state tax returns on its own behalf. The responsibility for current income tax liabilities of US federal and state combined tax filings were deemed to settle immediately with MTW paying entities effective with the Spin-Off in the respective jurisdictions, whereas state tax returns for certain separate filing Welbilt entities were filed by Welbilt for periods prior to and after the Spin-Off. Cash tax payments commencing with the Spin-Off for the estimated liability are the actual cash taxes paid to the respective tax authorities in the jurisdictions wherever applicable. Prior to the Spin-Off, the operations of Welbilt were generally included in the consolidated tax returns filed by the respective MTW entities, with the related income tax expense and deferred income taxes calculated on a separate return basis in the accompanying consolidated (condensed) financial statements. As a result, the effective tax rate and deferred income taxes of Welbilt may differ from those in periods prior to or subsequent to the Spin-Off.
Use of Estimates	The preparation of consolidated (condensed) financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes, including costs allocated prior to the Spin-Off. The accompanying unaudited consolidated (condensed) financial statements may not be indicative of the Company's future performance, and they do not necessarily include all of the actual expenses that would have been incurred by the Company and may not reflect the results of operations, financial position and cash flows had the Company been a standalone Company during the entirety of the period presented prior to the Spin-Off.
Reclassifications	Certain prior period amounts have been reclassified to conform to the current period presentation. All dollar amounts, except share and per share amounts, are in millions of dollars throughout the tables included in these notes unless otherwise indicated.
Recently Adopted Accounting Pronouncements	In March 2016, the FASB issued ASU 2016-09, "Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting," which simplifies several aspects of the accounting for share-based payment award transactions. This ASU requires that all excess tax benefits and tax deficiencies be recognized as income tax expense or benefit on the income statement and that excess tax benefits be classified as an operating activity in the cash flow statement. While this new standard allows an entity to account for forfeitures as they occur, the Company elected to continue the current U.S. GAAP practice of estimating forfeitures when calculating stock-based compensation expense. This ASU became effective for the Company on January 1, 2017 and the adoption did not have a significant impact on the Company’s consolidated (condensed) financial statements and related disclosures. In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." This ASU changes the guidance on accounting for inventory accounted for on a first-in first-out ("FIFO") basis. Under the revised standard, an entity should measure FIFO inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured on a last-in, first-out ("LIFO") basis. ASU 2015-11 became effective for the Company on January 1, 2017 and the adoption of this standard did not have a significant impact on the Company’s consolidated (condensed) financial statements and related disclosures. Recent Accounting Pronouncements Not Yet Adopted In March 2017, the FASB issued ASU 2017-08, "Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20)," which shortens the amortization period for certain callable debt securities held at a premium to the earliest call date. ASU 2017-08 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In March 2017, the FASB issued ASU 2017-07, "Compensation—Retirement Benefits (Topic 715)," which requires the employer to disaggregate the service cost component from the other components of net benefit cost. The ASU also provides explicit guidance on how to present the service cost component and the other components of net benefit cost in the income statement and allow only the service cost component of net benefit cost to be eligible for capitalization. It is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In January 2017, the FASB issued ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business," which clarifies the accounting guidance to assist entities in evaluating whether a transaction should be accounted for as acquisitions of assets or businesses. ASU 2017-01 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted in certain instances and the amendments in this ASU should be applied prospectively. The Company will evaluate the impact of this standard upon future acquisitions subsequent to the adoption of ASU 2017-01. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," which will require an entity to reconcile the changes in restricted cash as part of total cash and cash equivalents in its statements of cash flows. ASU 2016-18 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted in any interim or annual reporting period and the amendments in this ASU should be applied retrospectively. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory," which will require an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. ASU 2016-16 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted as of the beginning of an annual reporting period for which financial statements (interim or annual) have not been issued or made available for issuance. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In August 2016, the FASB issued ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," which clarifies the accounting guidance on how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted in any interim or annual reporting period. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. The adoption of this standard may impact the presentation of certain cash proceeds received in connection with the Company's securitization program described in Note 9, "Accounts Receivable Securitization." In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)," which requires lessees to recognize right-of-use assets and lease liability, initially measured at present value of the lease payments, on its balance sheet for leases with terms longer than 12 months and classified as either financing or operating leases. ASU 2016-02 requires a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and provides certain practical expedients that companies may elect. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years with early adoption permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." This ASU provides guidance for the recognition, measurement, presentation and disclosure of financial instruments. This ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years and early adoption is not permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated (condensed) financial statements and related disclosures. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)." This ASU provides a principles-based approach to revenue recognition to record the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. This ASU provides a five-step model to be applied to all contracts with customers. The five steps are to identify the contract(s) with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract and recognize revenue when each performance obligation is satisfied. The revenue standard is effective for the first interim period within fiscal years beginning after December 15, 2017 (as updated by the FASB in August 2015 in ASU 2015-14 and as updated by ASU-2016-20, ASU 2016-08, ASU 2016-10, ASU 2016-11 and ASU 2016-12), and can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of initial application along with additional disclosures. Early adoption is permitted as of the original effective date—the first interim period within fiscal years beginning after December 15, 2016. The Company plans to adopt this standard on January 1, 2018 and is evaluating its customizable contracts, information technology contracts and other customer contracts that may impact its consolidated (condensed) financial statements and related disclosures.

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Accounted for at Fair Value on a Recurring Basis by level within the Fair Value Hierarchy	The following tables set forth financial assets and liabilities that were accounted for at fair value on a recurring basis as of March 31, 2017 and December 31, 2016 by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of March 31, 2017 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 1.0 $ — $ 1.0 Commodity contracts — 1.0 — 1.0 Cross-currency swap contract — 1.1 — 1.1 Total current assets at fair value — 3.1 — 3.1 Non-current assets: Commodity contracts — 0.4 — 0.4 Interest rate swap contracts — 1.2 — 1.2 Cross-currency swap contract — 2.2 — 2.2 Total non-current assets at fair value — 3.8 — 3.8 Total assets at fair value $ — $ 6.9 $ — $ 6.9 Current liabilities: Foreign currency exchange contracts $ — $ 0.6 $ — $ 0.6 Interest rate swap contracts — 2.8 — 2.8 Total current liabilities at fair value — 3.4 — 3.4 Non-current liabilities: Interest rate swap contracts — 5.7 — 5.7 Total non-current liabilities at fair value — 5.7 — 5.7 Total liabilities at fair value $ — $ 9.1 $ — $ 9.1 Fair Value as of December 31, 2016 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 0.6 $ — $ 0.6 Commodity contracts — 0.9 — 0.9 Total current assets at fair value — 1.5 — 1.5 Non-current assets: Commodity contracts — 0.2 — 0.2 Total non-current assets at fair value — 0.2 — 0.2 Total assets at fair value $ — $ 1.7 $ — $ 1.7 Current liabilities: Foreign currency exchange contracts $ — $ 1.0 $ — $ 1.0 Commodity contracts — 0.1 — 0.1 Total current liabilities at fair value — 1.1 — 1.1 Total liabilities at fair value $ — $ 1.1 $ — $ 1.1

Derivative Financial Instrume31

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Outstanding Commodity and Currency Forward Contracts	As of March 31, 2017 and December 31, 2016 , the Company had the following outstanding commodity and currency forward contracts that were not designated as hedging instruments: Units Hedged Commodity March 31, 2017 December 31, 2016 Unit Type Aluminum 13 28 MT Cash flow Steel 189 240 Short tons Cash flow Units Hedged Currency March 31, 2017 December 31, 2016 Recognized Location Purpose Singapore Dollar 28,127,000 — Other expense (income) — net Notes payable and receivable settlement European Euro 75,300,000 16,000,000 Other expense (income) — net Notes and accounts payable and receivable settlement British Pound 4,790,037 8,192,692 Other expense (income) — net Accounts payable and receivable settlement Chinese Yuan 107,383,629 — Other expense (income) — net Notes payable and receivable settlement Swiss Franc 4,000,000 3,150,000 Other expense (income) — net Accounts payable and receivable settlement As of March 31, 2017 and December 31, 2016 , the Company had the following outstanding commodity and currency forward contracts that were entered into as hedge forecasted transactions: Units Hedged Commodity March 31, 2017 December 31, 2016 Unit Type Aluminum 2,115 1,663 MT Cash flow Copper 709 746 MT Cash flow Natural gas 26,523 56,416 MMBtu Cash flow Steel 7,225 8,663 Short tons Cash flow Units Hedged Currency March 31, 2017 December 31, 2016 Type Canadian Dollar 17,230,000 26,130,000 Cash flow European Euro 15,782,119 11,261,848 Cash flow British Pound 5,028,775 4,191,763 Cash flow Mexican Peso 107,400,000 148,200,000 Cash flow Thailand Baht 13,941,893 23,231,639 Cash flow Singapore Dollar 3,775,000 4,375,000 Cash flow
Schedule of Outstanding Derivative Assets at Fair Value	The fair value of outstanding derivative contracts recorded as assets in the accompanying consolidated (condensed) balance sheets as of March 31, 2017 and December 31, 2016 was as follows: ASSET DERIVATIVES (in millions) Balance Sheet Location Fair Value March 31, 2017 December 31, 2016 Derivatives designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets $ 0.9 $ 0.6 Commodity contracts Prepaids and other current assets 1.0 0.9 Cross-currency swap contract Prepaids and other current assets 1.1 — Commodity contracts Other non-current assets 0.4 0.2 Interest rate swap contracts Other non-current assets 1.2 — Cross-currency swap contract Other non-current assets 2.2 — Total derivatives designated as hedging instruments 6.8 1.7 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets 0.1 — Total derivatives NOT designated as hedging instruments 0.1 — Total asset derivatives $ 6.9 $ 1.7
Schedule of Outstanding Derivative Liabilities at Fair Value	The fair values of outstanding derivative contracts recorded as liabilities in the accompanying consolidated (condensed) balance sheets as of March 31, 2017 and December 31, 2016 were as follows: LIABILITY DERIVATIVES (in millions) Balance Sheet Location Fair Value March 31, 2017 December 31, 2016 Derivatives designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities $ 0.4 $ 0.8 Commodity contracts Accrued expenses and other liabilities — 0.1 Interest rate swap contracts Accrued expenses and other liabilities 2.8 — Interest rate swap contracts Other long-term liabilities 5.7 — Total derivatives designated as hedging instruments 8.9 0.9 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities 0.2 0.2 Total derivatives NOT designated as hedging instruments 0.2 0.2 Total liability derivatives $ 9.1 $ 1.1
Reclassification out of Accumulated Other Comprehensive Income	The effects of derivative instruments in the accompanying consolidated (condensed) statements of operations for the three months ended March 31, 2017 and 2016 for gains or losses initially recognized in "Accumulated other comprehensive loss" ("AOCI") in the accompanying consolidated (condensed) balance sheets were as follows: Derivatives in cash flow hedging relationships (in millions) Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax) Location of gain (loss) reclassified from AOCI into income (effective portion) Amount of gain (loss) reclassified from AOCI into income (effective portion) Three Months Ended March 31, Three Months Ended March 31, 2017 2016 2017 2016 Foreign exchange contracts $ 0.4 $ 0.1 Cost of sales $ 0.2 $ (0.1 ) Commodity contracts — 0.8 Cost of sales 0.2 (0.9 ) Interest rate swap contracts (1.0 ) — Selling, general and administrative expenses — — Cross-currency swap contract (1) 3.3 — Selling, general and administrative expenses — — Total $ 2.7 $ 0.9 $ 0.4 $ (1.0 ) (1) The amount of gain recognized in AOCI for the cross-currency swap contract is included in other comprehensive income as part of the cumulative translation adjustment in the accompanying unaudited consolidated (condensed) statements of comprehensive income. Derivatives relationships (in millions) Amount of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) Location of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) Three Months Ended March 31, 2017 2016 Commodity contracts $ 0.3 $ — Cost of sales Total $ 0.3 $ — Derivatives NOT designated as hedging instruments (in millions) Amount of gain (loss) recognized in income on derivative Location of gain (loss) recognized in income on derivative Three Months Ended March 31, 2017 2016 Foreign exchange contracts $ (0.3 ) $ (0.1 ) Other expense (income) — net Commodity contracts — 0.5 Other expense (income) — net Total $ (0.3 ) $ 0.4 The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2017 : Three Months Ended March 31, 2017 (in millions) Amount Reclassified from Accumulated Other Comprehensive (Income) Loss Recognized Location Gains and losses on cash flow hedges Foreign currency exchange contracts $ 0.2 Cost of sales Commodity contracts 0.2 Cost of sales 0.4 Total before tax (0.2 ) Tax benefit $ 0.2 Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.5 ) (a) (0.5 ) Total before tax 0.1 Tax expense $ (0.4 ) Net of tax Total reclassifications for the period, net of tax $ (0.2 ) Net of tax The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2016 : Three Months Ended March 31, 2016 (in millions) Amount Reclassified from Accumulated Other Comprehensive (Income) Loss Recognized Location Gains and losses on cash flow hedges Foreign currency exchange contracts $ (0.1 ) Cost of sales Commodity contracts (0.9 ) Cost of sales (1.0 ) Total before tax 0.4 Tax expense $ (0.6 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.6 ) (a) (0.6 ) Total before tax 0.1 Tax expense $ (0.5 ) Net of tax Total reclassifications for the period, net of tax $ (1.1 ) Net of tax (a) These other comprehensive income (loss) components are included in the net periodic pension cost (see Note 17, "Employee Benefit Plans," for further details).

Inventories - Net (Tables)

Inventories - Net (Tables)	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Components of Inventories	The components of inventories — net at March 31, 2017 and December 31, 2016 are summarized as follows: March 31, December 31, (in millions) 2017 2016 Inventories — gross: Raw materials $ 73.8 $ 68.2 Work-in-process 20.3 18.3 Finished goods 104.4 85.1 Total inventories — gross 198.5 171.6 Excess and obsolete inventory reserve (24.0 ) (22.5 ) Net inventories at FIFO cost 174.5 149.1 Excess of FIFO costs over LIFO value (3.5 ) (3.5 ) Inventories — net $ 171.0 $ 145.6

Property, Plant and Equipment33

Property, Plant and Equipment - Net (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Components of Property, Plant and Equipment	The components of property, plant and equipment — net at March 31, 2017 and December 31, 2016 are summarized as follows: March 31, December 31, (in millions) 2017 2016 Land $ 7.1 $ 7.3 Building and improvements 87.3 91.3 Machinery, equipment and tooling 217.5 215.1 Furniture and fixtures 5.6 5.8 Computer hardware and software 53.4 52.9 Construction in progress 12.9 11.2 Total cost 383.8 383.6 Less accumulated depreciation (276.1 ) (274.5 ) Property, plant and equipment — net $ 107.7 $ 109.1

Goodwill and Other Intangible34

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Goodwill by Reportable Segment	The changes in the carrying amount of goodwill by reportable segment for the three months ended March 31, 2017 are as follows: (in millions) Americas EMEA APAC Total Balance as of December 31, 2016 $ 832.6 $ 4.7 $ 8.0 $ 845.3 Foreign currency impact — 0.1 0.2 0.3 Balance as of March 31, 2017 $ 832.6 $ 4.8 $ 8.2 $ 845.6
Gross Carrying Amount and Accumulated Amortization of the Company's Intangible Assets Other than Goodwill	The gross carrying amount and accumulated amortization of the Company's intangible assets other than goodwill are as follows as of March 31, 2017 and December 31, 2016 : March 31, 2017 December 31, 2016 (in millions) Gross Carrying Amount Accumulated Amortization Amount Net Book Value Gross Carrying Amount Accumulated Amortization Amount Net Book Value Trademarks and tradenames $ 173.4 $ — $ 173.4 $ 172.4 $ — $ 172.4 Customer relationships 415.2 (176.6 ) 238.6 415.2 (171.4 ) 243.8 Patents 1.6 (1.6 ) — 1.6 (1.6 ) — Other intangibles 141.4 (75.5 ) 65.9 140.7 (72.5 ) 68.2 Total $ 731.6 $ (253.7 ) $ 477.9 $ 729.9 $ (245.5 ) $ 484.4

Accounts Payable and Accrued 35

Accounts Payable and Accrued Expenses and Other Liabilities(Tables)	3 Months Ended
	Mar. 31, 2017
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses and other liabilities at March 31, 2017 and December 31, 2016 are summarized as follows: March 31, December 31, (in millions) 2017 2016 Accounts payable: Trade accounts payable $ 117.9 $ 108.4 Total accounts payable $ 117.9 $ 108.4 Accrued expenses and other liabilities: Interest payable $ 5.0 $ 15.7 Income taxes payable 4.6 2.5 Employee related expenses 32.0 29.8 Restructuring expenses 4.3 3.3 Profit sharing and incentives 6.2 14.2 Accrued rebates 31.3 56.0 Deferred revenue - current 4.5 4.4 Customer advances 4.7 7.4 Product liability 2.1 2.3 Miscellaneous accrued expenses 43.0 38.9 Total accrued expenses and other liabilities $ 137.7 $ 174.5

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Summary of Covenant Levels of Financial Covenants	The current covenant levels of the financial covenants under the Senior Secured Credit Facilities are set forth below: Fiscal Quarter Ending Consolidated Total Leverage Ratio (less than) Actual Consolidated Total Leverage Ratio Consolidated Interest Coverage Ratio (greater than) Actual Consolidated Interest Coverage Ratio March 31, 2017 5.50:1.00 5.20:1.00 2.50:1.00 2.71:1.00
Schedule of Percentage of Principal Amount at which the Entity may Redeem the Notes	In addition, the Company may redeem the notes at its option, in whole or in part, at the following redemption prices (expressed as percentages of the principal amount thereof) if redeemed during the 12-month period commencing on February 15 of the years set forth below: Year Percentage 2019 107.1 % 2020 104.8 % 2021 102.4 % 2022 and thereafter 100.0 %
Schedule of Outstanding Debt	Outstanding debt at March 31, 2017 and December 31, 2016 is summarized as follows: March 31, December 31, (in millions) 2017 2016 Revolving credit facility $ 140.0 $ 63.5 Term Loan B 825.0 825.0 Senior Notes due 2024 425.0 425.0 Other 7.1 3.3 Total debt and capital leases, including current portion 1,397.1 1,316.8 Less current portion and short-term borrowings (4.6 ) (1.6 ) Less unamortized debt issuance costs and debt discount (33.4 ) (36.5 ) Less fair value of the interest rate swap (5.7 ) — Total long-term debt and capital leases $ 1,353.4 $ 1,278.7

Equity (Tables)

Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Stockholders Equity Rollforward	The following is a roll-forward of equity for the three months ended March 31, 2017 : (in millions, except share data) Shares Common Stock Additional Paid-In Capital (Deficit) Retained Earnings Accumulated Other Comprehensive (Loss) Income Total Equity (Deficit) Balance at December 31, 2016 138,601,327 $ 1.4 $ (72.0 ) $ 70.5 $ (43.4 ) $ (43.5 ) Net earnings — — — 5.0 — 5.0 Issuance of common stock, equity-based compensation plans 316,862 — 1.0 — — 1.0 Stock-based compensation expense — — 4.4 — — 4.4 Other comprehensive income — — — — 6.8 6.8 Balance at March 31, 2017 138,918,189 $ 1.4 $ (66.6 ) $ 75.5 $ (36.6 ) $ (26.3 )
Reconciliations for the Changes in Accumulated Other Comprehensive Income (Loss)	Reconciliations for the changes in accumulated other comprehensive income (loss), net of tax, by component for the three months ended March 31, 2017 and 2016 are as follows: (in millions) Foreign Currency Translation Gains and Losses on Cash Flow Hedges Pension & Postretirement Total Balance at December 31, 2016 $ (9.8 ) $ 0.8 $ (34.4 ) $ (43.4 ) Other comprehensive income (loss) before reclassifications 7.0 (0.4 ) — 6.6 Amounts reclassified from accumulated other comprehensive income (loss) — (0.2 ) 0.4 0.2 Net current period other comprehensive income (loss) 7.0 (0.6 ) 0.4 6.8 Balance at March 31, 2017 $ (2.8 ) $ 0.2 $ (34.0 ) $ (36.6 ) (in millions) Foreign Currency Translation Gains and Losses on Cash Flow Hedges Pension & Postretirement Total Balance at December 31, 2015 $ (7.9 ) $ (1.8 ) $ (34.8 ) $ (44.5 ) Other comprehensive income (loss) before reclassifications 17.2 0.3 (9.4 ) 8.1 Amounts reclassified from accumulated other comprehensive income (loss) — 0.6 0.5 1.1 Net current period other comprehensive income (loss) 17.2 0.9 (8.9 ) 9.2 Balance at March 31, 2016 $ 9.3 $ (0.9 ) $ (43.7 ) $ (35.3 )
Reclassification out of Accumulated Other Comprehensive Income	The effects of derivative instruments in the accompanying consolidated (condensed) statements of operations for the three months ended March 31, 2017 and 2016 for gains or losses initially recognized in "Accumulated other comprehensive loss" ("AOCI") in the accompanying consolidated (condensed) balance sheets were as follows: Derivatives in cash flow hedging relationships (in millions) Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax) Location of gain (loss) reclassified from AOCI into income (effective portion) Amount of gain (loss) reclassified from AOCI into income (effective portion) Three Months Ended March 31, Three Months Ended March 31, 2017 2016 2017 2016 Foreign exchange contracts $ 0.4 $ 0.1 Cost of sales $ 0.2 $ (0.1 ) Commodity contracts — 0.8 Cost of sales 0.2 (0.9 ) Interest rate swap contracts (1.0 ) — Selling, general and administrative expenses — — Cross-currency swap contract (1) 3.3 — Selling, general and administrative expenses — — Total $ 2.7 $ 0.9 $ 0.4 $ (1.0 ) (1) The amount of gain recognized in AOCI for the cross-currency swap contract is included in other comprehensive income as part of the cumulative translation adjustment in the accompanying unaudited consolidated (condensed) statements of comprehensive income. Derivatives relationships (in millions) Amount of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) Location of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing) Three Months Ended March 31, 2017 2016 Commodity contracts $ 0.3 $ — Cost of sales Total $ 0.3 $ — Derivatives NOT designated as hedging instruments (in millions) Amount of gain (loss) recognized in income on derivative Location of gain (loss) recognized in income on derivative Three Months Ended March 31, 2017 2016 Foreign exchange contracts $ (0.3 ) $ (0.1 ) Other expense (income) — net Commodity contracts — 0.5 Other expense (income) — net Total $ (0.3 ) $ 0.4 The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2017 : Three Months Ended March 31, 2017 (in millions) Amount Reclassified from Accumulated Other Comprehensive (Income) Loss Recognized Location Gains and losses on cash flow hedges Foreign currency exchange contracts $ 0.2 Cost of sales Commodity contracts 0.2 Cost of sales 0.4 Total before tax (0.2 ) Tax benefit $ 0.2 Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.5 ) (a) (0.5 ) Total before tax 0.1 Tax expense $ (0.4 ) Net of tax Total reclassifications for the period, net of tax $ (0.2 ) Net of tax The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2016 : Three Months Ended March 31, 2016 (in millions) Amount Reclassified from Accumulated Other Comprehensive (Income) Loss Recognized Location Gains and losses on cash flow hedges Foreign currency exchange contracts $ (0.1 ) Cost of sales Commodity contracts (0.9 ) Cost of sales (1.0 ) Total before tax 0.4 Tax expense $ (0.6 ) Net of tax Amortization of pension and postretirement items Actuarial losses $ (0.6 ) (a) (0.6 ) Total before tax 0.1 Tax expense $ (0.5 ) Net of tax Total reclassifications for the period, net of tax $ (1.1 ) Net of tax (a) These other comprehensive income (loss) components are included in the net periodic pension cost (see Note 17, "Employee Benefit Plans," for further details).

Product Warranties (Tables)

Product Warranties (Tables)	3 Months Ended
	Mar. 31, 2017
Guarantees [Abstract]
Schedule of the Summary of Product Warranty Activity	Below is a table summarizing the product warranties activity for the three months ended March 31, 2017 : March 31, (in millions) 2017 Balance at the beginning of the period $ 36.3 Accruals for warranties issued 8.6 Settlements made (in cash or in kind) (9.1 ) Currency translation impact 0.1 Balance at the end of the period $ 35.9

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Mar. 31, 2017
Restructuring and Related Activities [Abstract]
Rollforward of all Restructuring Activities	The following is a rollforward of all restructuring activities for the three months ended March 31, 2017 : March 31, (in millions) 2017 Balance at the beginning of the period $ 14.4 Restructuring charges 4.6 Use of reserve (1.5 ) Non-cash adjustment (1) (2.0 ) Balance at the end of the period $ 15.5 (1) This non-cash adjustment represents the non-cash stock-based compensation expense recognized during the three months ended March 31, 2017 resulting from the accelerated vesting of certain restricted stock units and stock options upon the retirement of two executive officers.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract]
Schedule of Components of Period Benefit Costs	The components of periodic benefit costs for the Direct Plans for the three months ended March 31, 2017 and 2016 are as follows: Three Months Ended Three Months Ended March 31, 2017 March 31, 2016 (in millions) Pension Plans Postretirement Pension Plans Postretirement Interest cost of projected benefit obligations $ 1.3 $ 0.1 $ 2.2 $ 0.1 Expected return on plan assets (1.5 ) — (1.6 ) — Amortization of actuarial net loss 0.5 — 0.6 — Net periodic benefit costs $ 0.3 $ 0.1 $ 1.2 $ 0.1

Business Segments (Tables)

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Financial Information Relating to the Company's Reportable Segments	Financial information relating to the Company's reportable segments for the three months ended March 31, 2017 and 2016 is as follows: Three Months Ended March 31, (in millions) 2017 2016 Net sales: Americas $ 267.5 $ 263.6 EMEA 67.8 68.6 APAC 41.7 38.9 Elimination of intersegment sales (49.0 ) (45.6 ) Total net sales $ 328.0 $ 325.5 Segment Adjusted Operating EBITDA: Americas $ 46.8 $ 49.8 EMEA 12.8 7.6 APAC 5.5 3.7 Total Segment Adjusted Operating EBITDA 65.1 61.1 Corporate and unallocated (12.4 ) (11.0 ) Amortization expense (7.8 ) (7.8 ) Depreciation expense (4.0 ) (4.3 ) Separation expense (0.9 ) (3.0 ) Restructuring expense (4.6 ) (1.3 ) Asset impairment expense (0.4 ) — Earnings from operations 35.0 33.7 Interest expense (23.2 ) (8.5 ) Interest expense on notes with MTW — net — (0.1 ) Loss on early extinguishment of debt (3.2 ) — Other expense — net (1.5 ) (2.4 ) Earnings before income taxes $ 7.1 $ 22.7 Adjusted Operating EBITDA % by segment (1) : Americas 17.5 % 18.9 % EMEA 18.9 % 11.1 % APAC 13.2 % 9.5 % (1) Adjusted Operating EBITDA % in the section above is calculated by dividing the dollar amount of Adjusted Operating EBITDA by net sales for each respective segment. Net sales by geographic area (2) : United States $ 215.0 $ 212.1 Other Americas 23.0 23.0 EMEA 54.0 57.2 APAC 36.0 33.2 Total net sales by geographic area $ 328.0 $ 325.5 (2) Net sales in the section above are attributed to geographic regions based on location of customer. As of March 31, 2017 and December 31, 2016 , total assets by reportable segment are as follows: (in millions) March 31, 2017 December 31, 2016 Total assets by segment: Americas $ 1,479.1 $ 1,463.7 EMEA 112.7 102.6 APAC 116.7 110.8 Corporate 128.6 92.0 Total assets $ 1,837.1 $ 1,769.1

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Reconciliation of the Average Shares Outstanding Used to Compute Basic and Diluted Earnings per Share	The following is a reconciliation of the average shares outstanding used to compute basic and diluted earnings per share. Three Months Ended March 31, 2017 2016 Basic weighted average common shares outstanding 138,759,075 137,016,712 Effect of dilutive securities 1,672,123 1,547,587 Diluted weighted average common shares outstanding 140,431,198 138,564,299

Subsidiary Guarantors of Seni43

Subsidiary Guarantors of Senior Notes due 2024 (Tables)	3 Months Ended
	Mar. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Income Statement	WELBILT, INC. Consolidating (Condensed) Statement of Operations For the Three Months Ended March 31, 2017 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 241.4 $ 173.0 $ (86.4 ) $ 328.0 Cost of sales 0.9 169.7 120.8 (86.4 ) 205.0 Gross profit (0.9 ) 71.7 52.2 — 123.0 Selling, general and administrative expenses 10.1 40.8 23.4 — 74.3 Amortization expense — 7.1 0.7 — 7.8 Separation expense 0.9 — — — 0.9 Restructuring expense 3.7 0.9 — — 4.6 Asset impairment expense — 0.2 0.2 — 0.4 (Loss) earnings from operations (15.6 ) 22.7 27.9 — 35.0 Interest expense 22.2 0.3 0.7 — 23.2 Loss on early extinguishment of debt 3.2 — — — 3.2 Other (income) expense — net (2.9 ) (5.3 ) 9.7 — 1.5 Equity in earnings (loss) of subsidiaries 30.0 12.6 — (42.6 ) — (Loss) earnings before income taxes (8.1 ) 40.3 17.5 (42.6 ) 7.1 Income (benefit) taxes (13.1 ) 10.3 4.9 — 2.1 Net earnings (loss) $ 5.0 $ 30.0 $ 12.6 $ (42.6 ) $ 5.0 Total other comprehensive income (loss), net of tax 6.8 4.4 3.9 (8.3 ) 6.8 Comprehensive income (loss) $ 11.8 $ 34.4 $ 16.5 $ (50.9 ) $ 11.8 WELBILT, INC. Consolidating (Condensed) Statement of Operations For the Three Months Ended March 31, 2016 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 243.1 $ 164.1 $ (81.7 ) $ 325.5 Cost of sales 0.3 169.8 119.5 (81.7 ) 207.9 Gross profit (0.3 ) 73.3 44.6 — 117.6 Selling, general and administrative expenses 10.0 34.7 27.1 — 71.8 Amortization expense — 7.1 0.7 — 7.8 Separation expense 3.0 — — — 3.0 Restructuring expense — 1.1 0.2 — 1.3 (Loss) earnings from operations (13.3 ) 30.4 16.6 — 33.7 Interest expense 7.8 0.7 — — 8.5 Interest expense on notes with MTW — net — — 0.1 — 0.1 Other expense (income) — net 9.9 45.0 (52.5 ) — 2.4 Equity in earnings (loss) of subsidiaries 36.5 46.7 — (83.2 ) — Earnings (loss) before income taxes 5.5 31.4 69.0 (83.2 ) 22.7 Income (benefit) taxes (12.6 ) (5.1 ) 22.3 — 4.6 Net earnings (loss) $ 18.1 $ 36.5 $ 46.7 $ (83.2 ) $ 18.1 Total other comprehensive income (loss), net of tax 9.2 19.8 25.8 (45.6 ) 9.2 Comprehensive income (loss) $ 27.3 $ 56.3 $ 72.5 $ (128.8 ) $ 27.3
Condensed Balance Sheet	WELBILT, INC. Consolidating (Condensed) Balance Sheet As of March 31, 2017 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.9 $ — $ 82.6 $ (0.9 ) $ 82.6 Restricted cash — — 0.2 — 0.2 Accounts receivable — net — 0.5 93.4 (1.1 ) 92.8 Inventories — net — 83.5 87.5 — 171.0 Prepaids and other current assets 13.1 4.3 11.6 (3.2 ) 25.8 Current assets held for sale — 4.6 2.6 — 7.2 Total current assets 14.0 92.9 277.9 (5.2 ) 379.6 Property, plant and equipment — net 1.4 64.9 41.4 — 107.7 Goodwill — 832.4 13.2 — 845.6 Other intangible assets — net — 416.4 61.5 — 477.9 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 3,071.1 — (3,071.1 ) — Investment in subsidiaries 3,810.3 — — (3,810.3 ) — Other non-current assets 7.2 5.2 19.7 (5.8 ) 26.3 Total assets $ 3,832.9 $ 4,502.9 $ 413.7 $ (6,912.4 ) $ 1,837.1 Liabilities and equity Current liabilities: Accounts payable $ 1.2 $ 60.9 $ 56.9 $ (1.1 ) $ 117.9 Accrued expenses and other liabilities 21.9 68.7 47.1 — 137.7 Short-term borrowings — 0.9 4.0 (0.9 ) 4.0 Current portion of long-term debt and capital leases — 0.4 0.2 — 0.6 Product warranties — 18.4 9.4 (3.2 ) 24.6 Total current liabilities 23.1 149.3 117.6 (5.2 ) 284.8 Long-term debt and capital leases 1,350.9 1.6 0.9 — 1,353.4 Deferred income taxes 118.6 — 17.7 — 136.3 Pension and postretirement health obligations 46.8 4.9 — (5.8 ) 45.9 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,286.5 — 784.6 (3,071.1 ) — Investment in subsidiaries — 512.0 — (512.0 ) — Other long-term liabilities 17.6 24.8 0.6 — 43.0 Total non-current liabilities 3,836.1 543.3 808.1 (3,608.9 ) 1,578.6 Total (deficit) equity: Total (deficit) equity (26.3 ) 3,810.3 (512.0 ) (3,298.3 ) (26.3 ) Total liabilities and equity $ 3,832.9 $ 4,502.9 $ 413.7 $ (6,912.4 ) $ 1,837.1 WELBILT, INC. Consolidating (Condensed) Balance Sheet As of December 31, 2016 (Audited) (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.4 $ 2.3 $ 51.1 $ — $ 53.8 Restricted cash — — 6.4 — 6.4 Accounts receivable — net 0.5 — 86.1 (4.9 ) 81.7 Inventories — net — 74.3 71.3 — 145.6 Prepaids and other current assets 0.9 4.5 8.5 — 13.9 Current assets held for sale — 2.3 4.5 — 6.8 Total current assets 1.8 83.4 227.9 (4.9 ) 308.2 Property, plant and equipment — net 1.2 67.9 40.0 — 109.1 Goodwill — 832.4 12.9 — 845.3 Other intangible assets — net — 423.5 60.9 — 484.4 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 3,085.8 — (3,085.8 ) — Investment in subsidiaries 3,780.3 — — (3,780.3 ) — Other non-current assets 2.7 5.1 19.7 (5.4 ) 22.1 Total assets $ 3,786.0 $ 4,518.1 $ 361.4 $ (6,896.4 ) $ 1,769.1 Liabilities and equity Current liabilities: Accounts payable $ 0.1 $ 64.6 $ 48.6 $ (4.9 ) $ 108.4 Accrued expenses and other liabilities 14.1 97.5 62.9 — 174.5 Current portion of capital leases — 0.5 1.1 — 1.6 Product warranties — 18.4 9.5 — 27.9 Current liabilities held for sale — — 0.7 — 0.7 Total current liabilities 14.2 181.0 122.8 (4.9 ) 313.1 Long-term debt and capital leases 1,277.0 1.7 — — 1,278.7 Deferred income taxes 120.5 — 17.3 — 137.8 Pension and postretirement health obligations 47.9 4.9 — (5.4 ) 47.4 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,344.8 — 741.0 (3,085.8 ) — Investment in subsidiaries — 524.6 — (524.6 ) — Other long-term liabilities 9.4 25.6 0.6 — 35.6 Total non-current liabilities 3,815.3 556.8 763.2 (3,635.8 ) 1,499.5 Total (deficit) equity: Total (deficit) equity (43.5 ) 3,780.3 (524.6 ) (3,255.7 ) (43.5 ) Total liabilities and equity $ 3,786.0 $ 4,518.1 $ 361.4 $ (6,896.4 ) $ 1,769.1
Condensed Cash Flow Statement	WELBILT, INC. Consolidating (Condensed) Statement of Cash Flows For the Three Months Ended March 31, 2017 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash used in operating activities $ (16.9 ) $ (15.6 ) $ (18.1 ) $ — $ (50.6 ) Cash flows from investing activities Capital expenditures (0.3 ) (2.2 ) (2.4 ) — (4.9 ) Changes in restricted cash — — 6.2 — 6.2 Intercompany investment (58.3 ) — — 58.3 — Net cash (used in) provided by investing activities (58.6 ) (2.2 ) 3.8 58.3 1.3 Cash flows from financing activities Proceeds from long-term debt and capital leases 78.0 — 0.9 — 78.9 Repayments on long-term debt and capital leases (1.5 ) (0.1 ) (0.9 ) — (2.5 ) Debt issuance costs (1.4 ) — — — (1.4 ) Changes in short-term borrowings — 0.9 4.0 (0.9 ) 4.0 Exercises of stock options 0.9 — — — 0.9 Intercompany financing — 14.7 43.6 (58.3 ) — Net cash provided by (used in) financing activities 76.0 15.5 47.6 (59.2 ) 79.9 Effect of exchange rate changes on cash — — (1.8 ) — (1.8 ) Net increase (decrease) in cash and cash equivalents 0.5 (2.3 ) 31.5 (0.9 ) 28.8 Balance at beginning of period 0.4 2.3 51.1 — 53.8 Balance at end of period $ 0.9 $ — $ 82.6 $ (0.9 ) $ 82.6 WELBILT, INC. Consolidating (Condensed) Statement of Cash Flows For the Three Months Ended March 31, 2016 (Unaudited) (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash provided by (used in) operating activities $ 14.0 $ (39.8 ) $ 2.8 $ — $ (23.0 ) Cash flows from investing activities Capital expenditures (0.9 ) (1.6 ) (2.0 ) — (4.5 ) Changes in restricted cash — — 0.3 — 0.3 Intercompany investment (40.5 ) — — 40.5 — Net cash (used in) provided by investing activities (41.4 ) (1.6 ) (1.7 ) 40.5 (4.2 ) Cash flows from financing activities Proceeds from long-term debt and capital leases 1,424.0 0.2 7.2 — 1,431.4 Repayments on long-term debt and capital leases — (0.2 ) — — (0.2 ) Debt issuance costs (40.6 ) — — — (40.6 ) Changes in short-term borrowings — 1.6 14.5 (1.6 ) 14.5 Dividend paid to MTW (1,362.0 ) — — — (1,362.0 ) Net transactions with MTW 6.1 — — — 6.1 Exercises of stock options 0.1 — — — 0.1 Intercompany financing — 36.3 4.2 (40.5 ) — Net cash provided by (used in) financing activities 27.6 37.9 25.9 (42.1 ) 49.3 Effect of exchange rate changes on cash — — 0.5 — 0.5 Net increase (decrease) in cash and cash equivalents 0.2 (3.5 ) 27.5 (1.6 ) 22.6 Balance at beginning of period — 3.5 28.5 — 32.0 Balance at end of period $ 0.2 $ — $ 56.0 $ (1.6 ) $ 54.6

Business and Organization (Deta

Business and Organization (Details)	Jan. 29, 2015CompanyBusiness
Accounting Policies [Abstract]
Number of independent public companies | Company	2
Number of independent businesses | Business	2

Fair Value of Financial Instr45

Fair Value of Financial Instruments - Financial Assets and Liabilities Accounted for at Fair Value on a Recurring Basis by Level within the Fair Value Hierarchy (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Financial assets and liabilities accounted for at fair value on a recurring basis
Total assets at fair value	$ 6.9	$ 1.7
Total non-current liabilities at fair value	9.1	1.1
Fair value measurement on recurring basis
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	3.1	1.5
Total non-current assets at fair value	3.8	0.2
Total assets at fair value	6.9	1.7
Total current liabilities at fair value	3.4	1.1
Total non-current liabilities at fair value	5.7
Total liabilities at fair value	9.1	1.1
Fair value measurement on recurring basis | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	1	0.6
Total current liabilities at fair value	0.6	1
Fair value measurement on recurring basis | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	1	0.9
Total non-current assets at fair value	0.4	0.2
Total current liabilities at fair value		0.1
Fair value measurement on recurring basis | Interest Rate Swap
Financial assets and liabilities accounted for at fair value on a recurring basis
Total non-current assets at fair value	1.2
Total current liabilities at fair value	2.8
Total non-current liabilities at fair value	5.7
Fair value measurement on recurring basis | Cross-currency swap contract
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	1.1
Total non-current assets at fair value	2.2
Fair value measurement on recurring basis | Level 1
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0	0
Total non-current assets at fair value	0	0
Total assets at fair value	0	0
Total current liabilities at fair value	0	0
Total non-current liabilities at fair value	0
Total liabilities at fair value	0	0
Fair value measurement on recurring basis | Level 1 | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0	0
Total current liabilities at fair value	0	0
Fair value measurement on recurring basis | Level 1 | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0	0
Total non-current assets at fair value	0	0
Total current liabilities at fair value		0
Fair value measurement on recurring basis | Level 1 | Interest Rate Swap
Financial assets and liabilities accounted for at fair value on a recurring basis
Total non-current assets at fair value	0
Total current liabilities at fair value	0
Total non-current liabilities at fair value	0
Fair value measurement on recurring basis | Level 1 | Cross-currency swap contract
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0
Total non-current assets at fair value	0
Fair value measurement on recurring basis | Level 2
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	3.1	1.5
Total non-current assets at fair value	3.8	0.2
Total assets at fair value	6.9	1.7
Total current liabilities at fair value	3.4	1.1
Total non-current liabilities at fair value	5.7
Total liabilities at fair value	9.1	1.1
Fair value measurement on recurring basis | Level 2 | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	1	0.6
Total current liabilities at fair value	0.6	1
Fair value measurement on recurring basis | Level 2 | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	1	0.9
Total non-current assets at fair value	0.4	0.2
Total current liabilities at fair value		0.1
Fair value measurement on recurring basis | Level 2 | Interest Rate Swap
Financial assets and liabilities accounted for at fair value on a recurring basis
Total non-current assets at fair value	1.2
Total current liabilities at fair value	2.8
Total non-current liabilities at fair value	5.7
Fair value measurement on recurring basis | Level 2 | Cross-currency swap contract
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	1.1
Total non-current assets at fair value	2.2
Fair value measurement on recurring basis | Level 3
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0	0
Total non-current assets at fair value	0	0
Total assets at fair value	0	0
Total current liabilities at fair value	0	0
Total non-current liabilities at fair value	0
Total liabilities at fair value	0	0
Fair value measurement on recurring basis | Level 3 | Foreign currency exchange contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0	0
Total current liabilities at fair value	0	0
Fair value measurement on recurring basis | Level 3 | Commodity contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0
Total non-current assets at fair value	0	0
Total current liabilities at fair value		$ 0
Fair value measurement on recurring basis | Level 3 | Interest Rate Swap
Financial assets and liabilities accounted for at fair value on a recurring basis
Total non-current assets at fair value	0
Total current liabilities at fair value	0
Total non-current liabilities at fair value	0
Fair value measurement on recurring basis | Level 3 | Cross-currency swap contract
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	0
Total non-current assets at fair value	$ 0

Fair Value of Financial Instr46

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Feb. 18, 2016
Senior Notes due 2024 | Senior Notes
Financial assets and liabilities accounted for at fair value on a recurring basis
Interest rate, stated percentage (as a percent)	9.50%		9.50%
Debt instruments at fair value	$ 491	$ 496.2
Term loan B | Senior Secured
Financial assets and liabilities accounted for at fair value on a recurring basis
Debt instruments at fair value	$ 827.1	$ 838.4

Derivative Financial Instrume47

Derivative Financial Instruments - Narrative (Details)	3 Months Ended
	Mar. 31, 2017USD ($)swap
Derivative [Line Items]
Estimated amount of unrealized gains, net of tax, related to interest rate, commodity price and currency rate hedging that will be reclassified from other comprehensive income into earnings	$ 900,000
Hedge period, low end of the range (in months)	15 months
Hedge period, high end of the range (in months)	36 months
Interest Rate Swap
Derivative [Line Items]
Debt outstanding with fixed hedges (as a percent)	43.00%
Not Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Derivatives held | swap	2
Notional amount	$ 600,000,000
Not Designated as Hedging Instrument | Interest Rate Swap | Minimum
Derivative [Line Items]
Derivative term (in years)	2 years
Not Designated as Hedging Instrument | Interest Rate Swap | Maximum
Derivative [Line Items]
Derivative term (in years)	3 years
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Notional amount	$ 425,000,000
Debt outstanding with fixed hedges (as a percent)	31.00%
Designated as Hedging Instrument | Interest Rate Swap | Minimum
Derivative [Line Items]
Derivative term (in years)	7 years

Derivative Financial Instrume48

Derivative Financial Instruments - Outstanding Commodity Contracts Designated as Hedging (Details) - Designated as Hedging Instrument	3 Months Ended	12 Months Ended
	Mar. 31, 2017MMBTUT	Dec. 31, 2016MMBTUT
Aluminum
Derivatives, Fair Value [Line Items]
Commodity units hedged, mass	2,115	1,663
Copper
Derivatives, Fair Value [Line Items]
Commodity units hedged, mass	709	746
Natural gas
Derivatives, Fair Value [Line Items]
Commodity units hedged, energy | MMBTU	26,523	56,416
Steel
Derivatives, Fair Value [Line Items]
Commodity units hedged, mass	7,225	8,663

Derivative Financial Instrume49

Derivative Financial Instruments - Outstanding Currency Forward Contracts Designated as Hedging (Details) - Foreign currency exchange contracts - Designated as Hedging Instrument

Mar. 31, 2017EUR (€)

Mar. 31, 2017CAD

Mar. 31, 2017THB

Mar. 31, 2017MXN

Mar. 31, 2017SGD

Mar. 31, 2017GBP (£)

Dec. 31, 2016EUR (€)

Dec. 31, 2016CAD

Dec. 31, 2016THB

Dec. 31, 2016MXN

Dec. 31, 2016SGD

Dec. 31, 2016GBP (£)

Canadian Dollar

Derivatives, Fair Value [Line Items]

Currency units hedged | CAD

CAD 17,230,000

CAD 26,130,000

European Euro

Derivatives, Fair Value [Line Items]

Currency units hedged | €

€ 15,782,119

€ 11,261,848

British Pound

Derivatives, Fair Value [Line Items]

Currency units hedged | £

£ 5,028,775

£ 4,191,763

Mexican Peso

Derivatives, Fair Value [Line Items]

Currency units hedged | MXN

MXN 107,400,000

MXN 148,200,000

Thailand Baht

Derivatives, Fair Value [Line Items]

Currency units hedged | THB

THB 13,941,893

THB 23,231,639

Singapore Dollar

Derivatives, Fair Value [Line Items]

Currency units hedged | SGD

SGD 3,775,000

SGD 4,375,000

Derivative Financial Instrume50

Derivative Financial Instruments - Outstanding Commodity Contracts not Designated as Hedging (Details) - Not Designated as Hedging Instrument - T	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Aluminum
Derivatives, Fair Value [Line Items]
Commodity units hedged, mass	13	28
Steel
Derivatives, Fair Value [Line Items]
Commodity units hedged, mass	189	240

Derivative Financial Instrume51

Derivative Financial Instruments - Outstanding Currency Forward Contracts not Designated as Hedging (Details) - Foreign currency exchange contracts - Not Designated as Hedging Instrument	Mar. 31, 2017EUR (€)	Mar. 31, 2017CNY (¥)	Mar. 31, 2017SGD	Mar. 31, 2017GBP (£)	Mar. 31, 2017CHF (SFr)	Dec. 31, 2016EUR (€)	Dec. 31, 2016CNY (¥)	Dec. 31, 2016SGD	Dec. 31, 2016GBP (£)	Dec. 31, 2016CHF (SFr)
Singapore Dollar
Derivatives, Fair Value [Line Items]
Currency units hedged | SGD			SGD 28,127,000					SGD 0
European Euro
Derivatives, Fair Value [Line Items]
Currency units hedged | €	€ 75,300,000					€ 16,000,000
British Pound
Derivatives, Fair Value [Line Items]
Currency units hedged | £				£ 4,790,037					£ 8,192,692
China, Yuan Renminbi
Derivatives, Fair Value [Line Items]
Currency units hedged | ¥		¥ 107,383,629					¥ 0
Swiss Franc
Derivatives, Fair Value [Line Items]
Currency units hedged | SFr					SFr 4,000,000					SFr 3,150,000

Derivative Financial Instrume52

Derivative Financial Instruments - Schedule of the Fair Value of Outstanding Derivative Contracts Recorded as Assets in the Accompanying Consolidated Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Total asset derivatives	$ 6.9	$ 1.7
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	6.8	1.7
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0
Foreign currency exchange contracts | Designated as Hedging Instrument | Prepaids and other current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.9	0.6
Commodity contracts | Designated as Hedging Instrument | Prepaids and other current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	1	0.9
Commodity contracts | Designated as Hedging Instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.4	0.2
Commodity contracts | Not Designated as Hedging Instrument | Prepaids and other current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	0.1	0
Interest Rate Swap | Designated as Hedging Instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	1.2	0
Cross-currency swap contract | Designated as Hedging Instrument | Prepaids and other current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	1.1	0
Cross-currency swap contract | Designated as Hedging Instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Total asset derivatives	$ 2.2	$ 0

Derivative Financial Instrume53

Derivative Financial Instruments - Schedule of the Fair Value of Outstanding Derivative Contracts Recorded as Liabilities in the Accompanying Consolidated Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	$ 9.1	$ 1.1
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	8.9	0.9
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	0.2	0.2
Foreign currency exchange contracts | Designated as Hedging Instrument | Accrued expenses and other liabilities
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	0.4	0.8
Foreign currency exchange contracts | Not Designated as Hedging Instrument | Accrued expenses and other liabilities
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	0.2	0.2
Commodity contracts | Designated as Hedging Instrument | Accrued expenses and other liabilities
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	0	0.1
Commodity contracts | Designated as Hedging Instrument | Other long-term liabilities
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	5.7	0
Cross-currency swap contract | Designated as Hedging Instrument | Accrued expenses and other liabilities
Derivatives, Fair Value [Line Items]
Total non-current liabilities at fair value	$ 2.8	$ 0

Derivative Financial Instrume54

Derivative Financial Instruments - Amounts Reclassified from Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Derivatives, Fair Value [Line Items]
Cost of sales	$ 205	$ 207.9
Selling, general and administrative expenses	74.3	71.8
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges
Derivatives, Fair Value [Line Items]
Cost of sales	0.4	(1)
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Foreign currency exchange contracts
Derivatives, Fair Value [Line Items]
Cost of sales	0.2	(0.1)
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Commodity contracts
Derivatives, Fair Value [Line Items]
Cost of sales	0.2	(0.9)
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Selling, general and administrative expenses	0	0
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Cross-currency swap contract
Derivatives, Fair Value [Line Items]
Selling, general and administrative expenses	0	0
Cash Flow Hedging | Gains and Losses on Cash Flow Hedges
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax)	2.7	0.9
Cash Flow Hedging | Gains and Losses on Cash Flow Hedges | Foreign currency exchange contracts
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax)	0.4	0.1
Cash Flow Hedging | Gains and Losses on Cash Flow Hedges | Commodity contracts
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax)	0	0.8
Cash Flow Hedging | Gains and Losses on Cash Flow Hedges | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax)	(1)	0
Cash Flow Hedging | Gains and Losses on Cash Flow Hedges | Cross-currency swap contract
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in AOCI on derivative (effective portion, net of tax)	3.3	0
Cost of sales | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing)	0.3	0
Cost of sales | Cash Flow Hedging | Commodity contracts
Derivatives, Fair Value [Line Items]
Amount of gain (loss) recognized in income on derivative (ineffective portion and amount excluded from effectiveness testing)	0.3	0
Other expense (income) — net | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Other expense (income) — net	(0.3)	0.4
Other expense (income) — net | Foreign currency exchange contracts | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Other expense (income) — net	(0.3)	(0.1)
Other expense (income) — net | Commodity contracts | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Other expense (income) — net	$ 0	$ 0.5

Inventories - Net (Details)

Inventories - Net (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Inventories — gross:
Raw materials	$ 73.8	$ 68.2
Work-in-process	20.3	18.3
Finished goods	104.4	85.1
Total inventories — gross	198.5	171.6
Excess and obsolete inventory reserve	(24)	(22.5)
Net inventories at FIFO cost	174.5	149.1
Excess of FIFO costs over LIFO value	(3.5)	(3.5)
Inventories — net	$ 171	$ 145.6

Property, Plant and Equipment56

Property, Plant and Equipment - Net (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment
Total cost	$ 383.8	$ 383.6
Less accumulated depreciation	(276.1)	(274.5)
Property, plant and equipment-net	107.7	109.1
Land
Property, Plant and Equipment
Total cost	7.1	7.3
Building and improvements
Property, Plant and Equipment
Total cost	87.3	91.3
Machinery, equipment and tooling
Property, Plant and Equipment
Total cost	217.5	215.1
Furniture and fixtures
Property, Plant and Equipment
Total cost	5.6	5.8
Computer hardware and software
Property, Plant and Equipment
Total cost	53.4	52.9
Construction in progress
Property, Plant and Equipment
Total cost	$ 12.9	$ 11.2

Goodwill and Other Intangible57

Goodwill and Other Intangible Assets - Narrative (Details)	3 Months Ended		6 Months Ended
	Mar. 31, 2017USD ($)segment	Mar. 31, 2016USD ($)	Jun. 30, 2016USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Number of reportable segments | segment	3
Impairment of intangible assets			$ 0
Amortization expense	$ 7,800,000	$ 7,800,000

Goodwill and Other Intangible58

Goodwill and Other Intangible Assets - Changes in Goodwill by Reportable Segment (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Goodwill [Roll Forward]
Goodwill beginning of period	$ 845.3
Foreign currency impact	0.3
Goodwill end of period	845.6
Americas
Goodwill [Roll Forward]
Goodwill beginning of period	832.6
Foreign currency impact	0
Goodwill end of period	832.6
EMEA
Goodwill [Roll Forward]
Goodwill beginning of period	4.7
Foreign currency impact	0.1
Goodwill end of period	4.8
APAC
Goodwill [Roll Forward]
Goodwill beginning of period	8
Foreign currency impact	0.2
Goodwill end of period	$ 8.2

Goodwill and Other Intangible59

Goodwill and Other Intangible Assets - Gross Carrying Amount and Accumulated Amortization of the Company's Intangible Assets Other than Goodwill (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Estimated useful lives of other intangible assets
Gross Carrying Amount	$ 731.6	$ 729.9
Accumulated Amortization Amount	(253.7)	(245.5)
Net Book Value	477.9	484.4
Trademarks and tradenames
Estimated useful lives of other intangible assets
Gross Carrying Amount	173.4	172.4
Accumulated Amortization Amount	0	0
Net Book Value	173.4	172.4
Customer relationships
Estimated useful lives of other intangible assets
Gross Carrying Amount	415.2	415.2
Accumulated Amortization Amount	(176.6)	(171.4)
Net Book Value	238.6	243.8
Patents
Estimated useful lives of other intangible assets
Gross Carrying Amount	1.6	1.6
Accumulated Amortization Amount	(1.6)	(1.6)
Net Book Value	0	0
Other intangibles
Estimated useful lives of other intangible assets
Gross Carrying Amount	141.4	140.7
Accumulated Amortization Amount	(75.5)	(72.5)
Net Book Value	$ 65.9	$ 68.2

Accounts Payable and Accrued 60

Accounts Payable and Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Payables and Accruals [Abstract]
Trade accounts payable	$ 117.9	$ 108.4
Total accounts payable	117.9	108.4
Accrued expenses and other liabilities:
Interest payable	5	15.7
Income taxes payable	4.6	2.5
Employee related expenses	32	29.8
Restructuring expenses	4.3	3.3
Profit sharing and incentives	6.2	14.2
Accrued rebates	31.3	56
Deferred revenue - current	4.5	4.4
Customer advances	4.7	7.4
Product liability	2.1	2.3
Miscellaneous accrued expenses	43	38.9
Total accrued expenses and other liabilities	$ 137.7	$ 174.5

Accounts Receivable Securitiz61

Accounts Receivable Securitization (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)Company	Dec. 31, 2016USD ($)	Mar. 03, 2016USD ($)
Related Party Transaction [Line Items]
Number of funding entities | Company	2
Capacity of securitization program			$ 110,000,000
Average collection cycle for accounts receivable (less than)	60 days
Fair value of deferred purchase price notes	$ 73,100,000	$ 60,000,000
Trade accounts receivable balance sold	$ 88,000,000	$ 96,700,000
LIBOR
Related Party Transaction [Line Items]
Fixed spread (as a percent)	1.25%

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	Mar. 06, 2017	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Mar. 03, 2016	Feb. 18, 2016
Debt Instrument [Line Items]
Loss on early extinguishment of debt		$ 3,200,000	$ 0
Debt issuance cost from debt extinguishment		500,000
Debt outstanding		$ 1,397,100,000		$ 1,316,800,000
Price percentage on notes that are required to be offered for repurchase (as a percent)		101.00%
Senior notes default redemption minimum principal as percentage of principal outstanding (at least)		25.00%
Consolidated total leverage ratio		5.20
Consolidated total leverage ratio covenant		5.5
Consolidated interest coverage ratio covenant		2.5
Senior Notes and 2016 Credit Agreement
Debt Instrument [Line Items]
Face amount of debt					$ 975,000,000
2016 Credit Agreement | LIBOR
Debt Instrument [Line Items]
Debt instrument basis spread on variable rate, floor (as a percent)		1.00%
2016 Credit Agreement | LIBOR | Minimum
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		3.00%
2016 Credit Agreement | Alternate base rate
Debt Instrument [Line Items]
Debt instrument basis spread on variable rate, fixed discount to LIBOR rate (as a percent)		1.00%
Term loan B
Debt Instrument [Line Items]
Income tax (benefit)		$ 1,000,000
Debt issuance cost	$ 1,400,000
Debt outstanding		825,000,000		825,000,000
Senior Notes due 2024
Debt Instrument [Line Items]
Debt outstanding		425,000,000		425,000,000
Revolving credit facility
Debt Instrument [Line Items]
Debt outstanding		140,000,000		63,500,000
Other
Debt Instrument [Line Items]
Debt outstanding		$ 7,100,000		$ 3,300,000
Weighted average interest rate (as a percent)		3.11%
Revolving credit facility | 2016 Credit Agreement | LIBOR | Minimum
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		1.50%
Revolving credit facility | 2016 Credit Agreement | LIBOR | Maximum
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		2.75%
Line of Credit | 2016 Credit Agreement
Debt Instrument [Line Items]
Weighted average interest rate (as a percent)		3.34%
Highest daily borrowings		$ 172,000,000
Average borrowings		$ 130,700,000
Line of Credit | Revolving credit facility | 2016 Credit Agreement
Debt Instrument [Line Items]
Line of credit facility					225,000,000
Decrease in applicable margin (as a percent)	1.75%
Debt repricing premium (as a percent)	1.00%
Line of Credit | Revolving credit facility | 2016 Credit Agreement | LIBOR
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		2.50%
Line of Credit | Revolving credit facility | 2016 Credit Agreement | Prime Rate
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		1.50%
Line of Credit | Letter of Credit | 2016 Credit Agreement
Debt Instrument [Line Items]
Line of credit facility					20,000,000
Line of Credit | Swingline Loan | 2016 Credit Agreement
Debt Instrument [Line Items]
Line of credit facility					$ 40,000,000
Senior Notes | Senior Notes due 2024
Debt Instrument [Line Items]
Face amount of debt						$ 425,000,000
Interest rate, stated percentage (as a percent)		9.50%				9.50%
Debt instrument, redemption price (as a percent)		100.00%
Reclassification of Debt Issuance Costs | Term loan B
Debt Instrument [Line Items]
Loss on early extinguishment of debt		$ 2,700,000

Debt - Summary of Covenant Leve

Debt - Summary of Covenant Levels of Financial Covenants (Details)	Mar. 31, 2017
Debt Disclosure [Abstract]
Consolidated Total Leverage Ratio (less than)	5.5
Consolidated Interest Coverage Ratio (greater than)	2.5
Consolidated total leverage ratio	5.20
Consolidated interest coverage ratio	2.71

Debt - Schedule of Percentage o

Debt - Schedule of Percentage of Principal Amount at which the Entity May Redeem the Notes (Details) - Senior Notes due 2024	3 Months Ended
	Mar. 31, 2017
2,019
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	107.10%
2,020
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	104.80%
2,021
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	102.40%
2022 and thereafter
Debt Instrument, Redemption [Line Items]
Debt instrument, redemption price (as a percent)	100.00%

Debt - Schedule of Outstanding

Debt - Schedule of Outstanding Debt (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 1,397.1	$ 1,316.8
Less current portion and short-term borrowings	(4.6)	(1.6)
Less unamortized debt issuance costs	(33.4)	(36.5)
Less fair value of the interest rate swap	(5.7)	0
Long-term debt and capital leases	1,353.4	1,278.7
Revolving credit facility
Debt Instrument [Line Items]
Total debt and capital leases including current portion	140	63.5
Term loan B
Debt Instrument [Line Items]
Total debt and capital leases including current portion	825	825
Senior Notes due 2024
Debt Instrument [Line Items]
Total debt and capital leases including current portion	425	425
Other
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 7.1	$ 3.3

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended
	Mar. 31, 2017USD ($)segment	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Income Tax Contingency [Line Items]
Income tax (benefit)	$ 2,100,000	$ 4,600,000
Effective tax rate (as a percent)	29.60%	20.30%
Increase in tax provision from Spin-off		$ 2,900,000
Loss on early extinguishment of debt	$ 3,200,000	$ 0
Federal income tax at statutory rate	35.00%
Number of reportable segments | segment	3
Unrecognized tax benefits	$ 12,300,000		$ 12,600,000
Minimum
Income Tax Contingency [Line Items]
Unrecognized tax benefits reasonably possible to impact effective income tax rate	100,000
Maximum
Income Tax Contingency [Line Items]
Unrecognized tax benefits reasonably possible to impact effective income tax rate	500,000
Term loan B
Income Tax Contingency [Line Items]
Equity adjustment	1,000,000
Reclassification of Debt Issuance Costs | Term loan B
Income Tax Contingency [Line Items]
Loss on early extinguishment of debt	$ 2,700,000

Equity - Narrative (Details)

Equity - Narrative (Details) - USD ($) shares in Millions	Mar. 04, 2016	Mar. 03, 2016	Mar. 31, 2017	Mar. 31, 2016
Class of Stock [Line Items]
Dividend paid			$ 0	$ 0
MTW | Common Stock | One-Time Cash Dividend
Class of Stock [Line Items]
One-time cash dividend to MTW		$ 1,362,000,000
Dividend paid		$ 1,362,000,000
MTW | MFS | Common Stock
Class of Stock [Line Items]
Shares of common stock issued (in shares)	137

Equity - Stockholders Equity Ro

Equity - Stockholders Equity Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Increase (Decrease) in Stockholders' Equity
Beginning balance	$ (43.5)
Net earnings	5	$ 18.1
Issuance of common stock, equity-based compensation plans	1
Stock-based compensation expense	4.4
Other comprehensive income	6.8
Ending balance	$ (26.3)
Common Stock
Increase (Decrease) in Stockholders' Equity
Beginning balance (in shares)	138,601,327
Beginning balance	$ 1.4
Issuance of common stock, equity-based compensation plans (in shares)	316,862
Ending balance (in shares)	138,918,189
Ending balance	$ 1.4
Additional Paid-In Capital (Deficit)
Increase (Decrease) in Stockholders' Equity
Beginning balance	(72)
Issuance of common stock, equity-based compensation plans	1
Stock-based compensation expense	4.4
Ending balance	(66.6)
Retained Earnings
Increase (Decrease) in Stockholders' Equity
Beginning balance	70.5
Net earnings	5
Ending balance	75.5
Accumulated Other Comprehensive (Loss) Income
Increase (Decrease) in Stockholders' Equity
Beginning balance	(43.4)	(44.5)
Other comprehensive income	6.8
Ending balance	$ (36.6)	$ (35.3)

Equity - Reconciliations for th

Equity - Reconciliations for the Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ (43.5)
Total other comprehensive income, net of tax	6.8	$ 9.2
Ending balance	(26.3)
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(9.8)	(7.9)
Other comprehensive income (loss) before reclassifications	7	17.2
Amounts reclassified from accumulated other comprehensive income (loss)	0	0
Total other comprehensive income, net of tax	7	17.2
Ending balance	(2.8)	9.3
Gains and Losses on Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	0.8	(1.8)
Other comprehensive income (loss) before reclassifications	(0.4)	0.3
Amounts reclassified from accumulated other comprehensive income (loss)	(0.2)	0.6
Total other comprehensive income, net of tax	(0.6)	0.9
Ending balance	0.2	(0.9)
Pension & Postretirement
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(34.4)	(34.8)
Other comprehensive income (loss) before reclassifications	0	(9.4)
Amounts reclassified from accumulated other comprehensive income (loss)	0.4	0.5
Total other comprehensive income, net of tax	0.4	(8.9)
Ending balance	(34)	(43.7)
Accumulated Other Comprehensive (Loss) Income
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(43.4)	(44.5)
Other comprehensive income (loss) before reclassifications	6.6	8.1
Amounts reclassified from accumulated other comprehensive income (loss)	0.2	1.1
Total other comprehensive income, net of tax	6.8	9.2
Ending balance	$ (36.6)	$ (35.3)

Equity - Reclassification out o

Equity - Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 205	$ 207.9
Total before tax	7.1	22.7
Tax benefit	(2.1)	(4.6)
Net earnings	5	18.1
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period, net of tax	(0.2)	(1.1)
Gains and Losses on Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period, net of tax	0.2	(0.6)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	0.4	(1)
Total before tax	0.4	(1)
Tax benefit	(0.2)	0.4
Net earnings	0.2	(0.6)
Pension & Postretirement
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period, net of tax	(0.4)	(0.5)
Pension & Postretirement | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(0.5)	(0.6)
Tax expense	0.1	0.1
Total reclassifications for the period, net of tax	(0.4)	(0.5)
Foreign currency exchange contracts | Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	0.2	(0.1)
Commodity contracts | Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 0.2	$ (0.9)

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Stock-Based Compensation
Stock-based compensation expense	$ 4.4	$ 1.3
Separation expense	$ 0.9	$ 3
Number of share options granted during the period (in shares)	300,000	300,000
Restructuring Expense
Stock-Based Compensation
Stock-based compensation expense	$ 2
Selling, General and Administrative Expenses
Stock-Based Compensation
Stock-based compensation expense	$ 2.4
Restricted Stock Units
Stock-Based Compensation
Stock-based compensation expense		$ 0.8
Separation expense		$ 0.5
Shares issued (in shares)	400,000	300,000
2016 Plan
Stock-Based Compensation
Number of shares of common stock authorized under the plan (in shares)	16,200,000
2016 Plan | Stock Options
Stock-Based Compensation
Vesting period (in years)	4 years
Vesting rights percentage (as a percent)	25.00%
2016 Plan | Performance shares
Stock-Based Compensation
Vesting rights percentage (as a percent)	75.00%
Performance period	3 years

Contingencies and Significant72

Contingencies and Significant Estimates - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Product Warranty Liability [Line Items]
Accruals for environmental matters	$ 500,000
Period over which product liability self-insurance retention levels have fluctuated (in years)	10 years
Self insurance reserve	$ 1,300,000
Product liability reserves	2,100,000	$ 2,300,000
Product liability reserves for actual cases	500,000	700,000
Product liability reserves for claims incurred but not reported	1,600,000
Product warranties due within one year	24,600,000	27,900,000
Product warranties due after a year	11,300,000	$ 8,400,000
Minimum
Product Warranty Liability [Line Items]
Self insurance reserve per occurrence	100,000
Maximum
Product Warranty Liability [Line Items]
Self insurance reserve per occurrence	300,000
Product liability self-insurance retention levels per occurrence	$ 300,000

Product Warranties - Narrative

Product Warranties - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Product Warranty Liability [Line Items]
Standard product warranty, low end of range (in months)	12 months
Standard product warranty, high end of range (in months)	60 months
Deferred revenue - current	$ 4.5	$ 4.4
Accrued expenses and other liabilities
Product Warranty Liability [Line Items]
Deferred revenue - current	2.9	2.8
Other long-term liabilities
Product Warranty Liability [Line Items]
Deferred revenue - noncurrent	$ 3.2	$ 3.3

Product Warranties - Schedule o

Product Warranties - Schedule of the Summary of Product Warranty Activity (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)
Warranty activity
Balance at beginning of period	$ 36.3
Accruals for warranties issued	8.6
Settlements made (in cash or in kind)	(9.1)
Currency translation impact	0.1
Balance at end of period	$ 35.9

Restructuring - Rollforward of

Restructuring - Rollforward of all Restructuring Activities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Rollforward of all restructuring activities
Balance at the beginning of the period	$ 14.4
Restructuring expense	4.6	$ 1.3
Use of reserve	(1.5)
Non-cash adjustment	(2)
Balance at the end of the period	$ 15.5

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - USD ($) $ in Millions	Feb. 20, 2017	Jan. 02, 2017	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2022	Apr. 30, 2017	Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring expenses			$ 4.3				$ 3.3
Long term portion of liability			11.2
Asset impairment expense			0.4	$ 0
Restructuring expense			4.6	1.3
Stock-based compensation expense			4.4	$ 1.3
Restructuring Expense
Restructuring Cost and Reserve [Line Items]
Stock-based compensation expense			2
Vice President
Restructuring Cost and Reserve [Line Items]
Severance payment period	12 months	18 months
Compensation arrangement with individual	$ 2.5	$ 2.2
Stock-based compensation expense			$ 1.1
Benefits interest rate (as a percent)			9.00%
Additional equity based compensation	$ 1.5
Vice President | Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Vested benefits paid					$ 2.5
Vice President | Restructuring Expense
Restructuring Cost and Reserve [Line Items]
Compensation arrangement with individual			$ 1.5
Remaining restructuring cost			1
Facility Closing
Restructuring Cost and Reserve [Line Items]
Expected restructuring costs			3.5
Restructuring expense			0.8
Facility Closing | Closure of Singapore Facility
Restructuring Cost and Reserve [Line Items]
Current assets held for sale			2.6
Facility Closing | Closure of Cleveland Facility
Restructuring Cost and Reserve [Line Items]
Asset impairment expense			0.4
Current assets held for sale			1.9
Facility Closing | Closure of Cleveland Facility | Subsequent Event
Restructuring Cost and Reserve [Line Items]
Net purchase price						$ 2.2
Facility Closing | Closure of Sellersburg Plant
Restructuring Cost and Reserve [Line Items]
Current assets held for sale			$ 2.7

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015plan
Defined Benefit Plan Disclosure [Line Items]
Number of defined benefit pension plans | plan			2
Costs associated with shared plans		$ 0.1
Number of defined contribution retirement plans | plan			3
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Pension obligations assumed	$ 55.6
Plan assets assumed	34.1
Postretirement Health and Other Plans
Defined Benefit Plan Disclosure [Line Items]
Pension obligations assumed	6.8
Net transfer	28.3
After-tax deferred gain on pension obligations	$ 6.1

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Components of Period Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost of projected benefit obligations	$ 1.3	$ 2.2
Expected return on plan assets	(1.5)	(1.6)
Amortization of actuarial net loss	0.5	0.6
Net periodic benefit costs	0.3	1.2
Postretirement Health and Other Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost of projected benefit obligations	0.1	0.1
Expected return on plan assets	0	0
Amortization of actuarial net loss	0	0
Net periodic benefit costs	$ 0.1	$ 0.1

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Operating earnings (loss) from continuing operations
Net sales	$ 328	$ 325.5
Amortization expense	(7.8)	(7.8)
Depreciation	(4)	(4.3)
Separation expense	(0.9)	(3)
Restructuring expense	(4.6)	(1.3)
Asset impairment expense	(0.4)	0
Earnings from operations	35	33.7
Interest expense	(23.2)	(8.5)
Interest expense on notes with MTW — net	0	(0.1)
Loss on early extinguishment of debt	(3.2)	0
Other expense — net	(1.5)	(2.4)
Earnings before income taxes	7.1	22.7
Assets	1,837.1		$ 1,769.1
United States
Operating earnings (loss) from continuing operations
Net sales	215	212.1
Other Americas
Operating earnings (loss) from continuing operations
Net sales	23	23
EMEA
Operating earnings (loss) from continuing operations
Net sales	54	57.2
APAC
Operating earnings (loss) from continuing operations
Net sales	36	33.2
Operating Segments
Operating earnings (loss) from continuing operations
Earnings before interest, taxes and amortization	65.1	61.1
Operating Segments | Americas
Operating earnings (loss) from continuing operations
Net sales	267.5	263.6
Earnings before interest, taxes and amortization	46.8	$ 49.8
Assets	$ 1,479.1		1,463.7
Operating Segments | Americas | Geographic Concentration Risk | EBITA
Operating earnings (loss) from continuing operations
Operating EBITA (as a percent)	17.50%	18.90%
Operating Segments | EMEA
Operating earnings (loss) from continuing operations
Net sales	$ 67.8	$ 68.6
Earnings before interest, taxes and amortization	12.8	$ 7.6
Assets	$ 112.7		102.6
Operating Segments | EMEA | Geographic Concentration Risk | EBITA
Operating earnings (loss) from continuing operations
Operating EBITA (as a percent)	18.90%	11.10%
Operating Segments | APAC
Operating earnings (loss) from continuing operations
Net sales	$ 41.7	$ 38.9
Earnings before interest, taxes and amortization	5.5	$ 3.7
Assets	$ 116.7		110.8
Operating Segments | APAC | Geographic Concentration Risk | EBITA
Operating earnings (loss) from continuing operations
Operating EBITA (as a percent)	13.20%	9.50%
Elimination of intersegment sales
Operating earnings (loss) from continuing operations
Net sales	$ (49)	$ (45.6)
Corporate and unallocated
Operating earnings (loss) from continuing operations
Earnings before interest, taxes and amortization	(12.4)	$ (11)
Assets	$ 128.6		$ 92

Net Parent Company Investment80

Net Parent Company Investment and Related Party Transactions - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transaction [Line Items]
Interest expense on notes with MTW		$ 0.1
Dividend paid to MTW	$ 0	1,362
MTW
Related Party Transaction [Line Items]
General corporate expense		1.6
Interest expense on notes with MTW		$ 0.1
Pension obligations assumed	21.5
Post-retirement medical obligations	6.8
Taxes payable	$ 0.6

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - USD ($) shares in Millions	Mar. 04, 2016	Mar. 03, 2016	Mar. 31, 2017	Mar. 31, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividend paid			$ 0	$ 0
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of anti-dilutive shares excluded from the calculation of diluted earnings per share (in shares)			0.8
Common Stock | MTW | One-Time Cash Dividend
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividend paid		$ 1,362,000,000
Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Shares of common stock issued (in shares)	137

Earnings Per Share - Reconcilia

Earnings Per Share - Reconciliation of the average shares outstanding used to compute basic and diluted earnings per share (Details) - shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	138,759,075	137,016,712
Effect of dilutive securities	1,672,123	1,547,587
Diluted weighted average common shares outstanding	140,431,198	138,564,299

Subsidiary Guarantors of Seni83

Subsidiary Guarantors of Senior Notes due 2024 - Narrative (Details)	Mar. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Subsidiary ownership (as a percent)	100.00%

Subsidiary Guarantors of Seni84

Subsidiary Guarantors of Senior Notes due 2024 - Condensed Consolidating Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed Consolidating Statement of Operations
Net sales	$ 328	$ 325.5
Cost of sales	205	207.9
Gross profit	123	117.6
Costs and expenses:
Selling, general and administrative expenses	74.3	71.8
Amortization expense	7.8	7.8
Separation expense	0.9	3
Restructuring expense	4.6	1.3
Asset impairment expense	0.4	0
Earnings from operations	35	33.7
Interest expense	23.2	8.5
Interest expense on notes with MTW — net		0.1
Loss on early extinguishment of debt	3.2	0
Other expense — net	1.5	2.4
Equity in earnings (loss) of subsidiaries	0	0
Earnings before income taxes	7.1	22.7
Income taxes	2.1	4.6
Net earnings	5	18.1
Total other comprehensive income, net of tax	6.8	9.2
Comprehensive income	11.8	27.3
Eliminations
Condensed Consolidating Statement of Operations
Net sales	(86.4)	(81.7)
Cost of sales	(86.4)	(81.7)
Gross profit	0	0
Costs and expenses:
Selling, general and administrative expenses	0	0
Amortization expense	0	0
Separation expense	0	0
Restructuring expense	0	0
Asset impairment expense	0
Earnings from operations	0	0
Interest expense	0	0
Interest expense on notes with MTW — net		0
Loss on early extinguishment of debt	0
Other expense — net	0	0
Equity in earnings (loss) of subsidiaries	(42.6)	(83.2)
Earnings before income taxes	(42.6)	(83.2)
Income taxes	0	0
Net earnings	(42.6)	(83.2)
Total other comprehensive income, net of tax	(8.3)	(45.6)
Comprehensive income	(50.9)	(128.8)
Parent
Condensed Consolidating Statement of Operations
Net sales	0	0
Cost of sales	0.9	0.3
Gross profit	(0.9)	(0.3)
Costs and expenses:
Selling, general and administrative expenses	10.1	10
Amortization expense	0	0
Separation expense	0.9	3
Restructuring expense	3.7	0
Asset impairment expense	0
Earnings from operations	(15.6)	(13.3)
Interest expense	22.2	7.8
Interest expense on notes with MTW — net		0
Loss on early extinguishment of debt	3.2
Other expense — net	(2.9)	9.9
Equity in earnings (loss) of subsidiaries	30	36.5
Earnings before income taxes	(8.1)	5.5
Income taxes	(13.1)	(12.6)
Net earnings	5	18.1
Total other comprehensive income, net of tax	6.8	9.2
Comprehensive income	11.8	27.3
Guarantor Subsidiaries
Condensed Consolidating Statement of Operations
Net sales	241.4	243.1
Cost of sales	169.7	169.8
Gross profit	71.7	73.3
Costs and expenses:
Selling, general and administrative expenses	40.8	34.7
Amortization expense	7.1	7.1
Separation expense	0	0
Restructuring expense	0.9	1.1
Asset impairment expense	0.2
Earnings from operations	22.7	30.4
Interest expense	0.3	0.7
Interest expense on notes with MTW — net		0
Loss on early extinguishment of debt	0
Other expense — net	(5.3)	45
Equity in earnings (loss) of subsidiaries	12.6	46.7
Earnings before income taxes	40.3	31.4
Income taxes	10.3	(5.1)
Net earnings	30	36.5
Total other comprehensive income, net of tax	4.4	19.8
Comprehensive income	34.4	56.3
Non- Guarantor Subsidiaries
Condensed Consolidating Statement of Operations
Net sales	173	164.1
Cost of sales	120.8	119.5
Gross profit	52.2	44.6
Costs and expenses:
Selling, general and administrative expenses	23.4	27.1
Amortization expense	0.7	0.7
Separation expense	0	0
Restructuring expense	0	0.2
Asset impairment expense	0.2
Earnings from operations	27.9	16.6
Interest expense	0.7	0
Interest expense on notes with MTW — net		0.1
Loss on early extinguishment of debt	0
Other expense — net	9.7	(52.5)
Equity in earnings (loss) of subsidiaries	0	0
Earnings before income taxes	17.5	69
Income taxes	4.9	22.3
Net earnings	12.6	46.7
Total other comprehensive income, net of tax	3.9	25.8
Comprehensive income	$ 16.5	$ 72.5

Subsidiary Guarantors of Seni85

Subsidiary Guarantors of Senior Notes due 2024 - Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 82.6	$ 53.8	$ 54.6	$ 32
Restricted cash	0.2	6.4
Accounts receivable — net	92.8	81.7
Inventories — net	171	145.6
Prepaids and other current assets	25.8	13.9
Current assets held for sale	7.2	6.8
Total current assets	379.6	308.2
Property, plant and equipment — net	107.7	109.1
Goodwill	845.6	845.3
Other intangible assets — net	477.9	484.4
Intercompany long-term note receivable	0	0
Due from affiliates	0	0
Investment in subsidiaries	0	0
Other non-current assets	26.3	22.1
Total assets	1,837.1	1,769.1
Current liabilities:
Accounts payable	117.9	108.4
Accrued expenses and other liabilities	137.7	174.5
Short-term borrowings	4	0
Current portion of long-term debt and capital leases	0.6	1.6
Product warranties	24.6	27.9
Current liabilities held for sale	0	0.7
Total current liabilities	284.8	313.1
Non-Current Liabilities:
Long-term debt and capital leases	1,353.4	1,278.7
Deferred income taxes	136.3	137.8
Pension and postretirement health obligations	45.9	47.4
Intercompany long-term note payable	0	0
Due to affiliates	0	0
Investment in subsidiaries	0	0
Other long-term liabilities	43	35.6
Total non-current liabilities	1,578.6	1,499.5
Total (deficit) equity	(26.3)	(43.5)
Total liabilities and equity	1,837.1	1,769.1
Eliminations
Current assets:
Cash and cash equivalents	(0.9)	0	(1.6)	0
Restricted cash	0	0
Accounts receivable — net	(1.1)	(4.9)
Inventories — net	0	0
Prepaids and other current assets	(3.2)	0
Current assets held for sale	0	0
Total current assets	(5.2)	(4.9)
Property, plant and equipment — net	0	0
Goodwill	0	0
Other intangible assets — net	0	0
Intercompany long-term note receivable	(20)	(20)
Due from affiliates	(3,071.1)	(3,085.8)
Investment in subsidiaries	(3,810.3)	(3,780.3)
Other non-current assets	(5.8)	(5.4)
Total assets	(6,912.4)	(6,896.4)
Current liabilities:
Accounts payable	(1.1)	(4.9)
Accrued expenses and other liabilities	0	0
Short-term borrowings	(0.9)
Current portion of long-term debt and capital leases	0	0
Product warranties	(3.2)	0
Current liabilities held for sale		0
Total current liabilities	(5.2)	(4.9)
Non-Current Liabilities:
Long-term debt and capital leases	0	0
Deferred income taxes	0	0
Pension and postretirement health obligations	(5.8)	(5.4)
Intercompany long-term note payable	(20)	(20)
Due to affiliates	(3,071.1)	(3,085.8)
Investment in subsidiaries	(512)	(524.6)
Other long-term liabilities	0	0
Total non-current liabilities	(3,608.9)	(3,635.8)
Total (deficit) equity	(3,298.3)	(3,255.7)
Total liabilities and equity	(6,912.4)	(6,896.4)
Parent
Current assets:
Cash and cash equivalents	0.9	0.4	0.2	0
Restricted cash	0	0
Accounts receivable — net	0	0.5
Inventories — net	0	0
Prepaids and other current assets	13.1	0.9
Current assets held for sale	0	0
Total current assets	14	1.8
Property, plant and equipment — net	1.4	1.2
Goodwill	0	0
Other intangible assets — net	0	0
Intercompany long-term note receivable	0	0
Due from affiliates	0	0
Investment in subsidiaries	3,810.3	3,780.3
Other non-current assets	7.2	2.7
Total assets	3,832.9	3,786
Current liabilities:
Accounts payable	1.2	0.1
Accrued expenses and other liabilities	21.9	14.1
Short-term borrowings	0
Current portion of long-term debt and capital leases	0	0
Product warranties	0	0
Current liabilities held for sale		0
Total current liabilities	23.1	14.2
Non-Current Liabilities:
Long-term debt and capital leases	1,350.9	1,277
Deferred income taxes	118.6	120.5
Pension and postretirement health obligations	46.8	47.9
Intercompany long-term note payable	15.7	15.7
Due to affiliates	2,286.5	2,344.8
Investment in subsidiaries	0	0
Other long-term liabilities	17.6	9.4
Total non-current liabilities	3,836.1	3,815.3
Total (deficit) equity	(26.3)	(43.5)
Total liabilities and equity	3,832.9	3,786
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	0	2.3	0	3.5
Restricted cash	0	0
Accounts receivable — net	0.5	0
Inventories — net	83.5	74.3
Prepaids and other current assets	4.3	4.5
Current assets held for sale	4.6	2.3
Total current assets	92.9	83.4
Property, plant and equipment — net	64.9	67.9
Goodwill	832.4	832.4
Other intangible assets — net	416.4	423.5
Intercompany long-term note receivable	20	20
Due from affiliates	3,071.1	3,085.8
Investment in subsidiaries	0	0
Other non-current assets	5.2	5.1
Total assets	4,502.9	4,518.1
Current liabilities:
Accounts payable	60.9	64.6
Accrued expenses and other liabilities	68.7	97.5
Short-term borrowings	0.9
Current portion of long-term debt and capital leases	0.4	0.5
Product warranties	18.4	18.4
Current liabilities held for sale		0
Total current liabilities	149.3	181
Non-Current Liabilities:
Long-term debt and capital leases	1.6	1.7
Deferred income taxes	0	0
Pension and postretirement health obligations	4.9	4.9
Intercompany long-term note payable	0	0
Due to affiliates	0	0
Investment in subsidiaries	512	524.6
Other long-term liabilities	24.8	25.6
Total non-current liabilities	543.3	556.8
Total (deficit) equity	3,810.3	3,780.3
Total liabilities and equity	4,502.9	4,518.1
Non- Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	82.6	51.1	$ 56	$ 28.5
Restricted cash	0.2	6.4
Accounts receivable — net	93.4	86.1
Inventories — net	87.5	71.3
Prepaids and other current assets	11.6	8.5
Current assets held for sale	2.6	4.5
Total current assets	277.9	227.9
Property, plant and equipment — net	41.4	40
Goodwill	13.2	12.9
Other intangible assets — net	61.5	60.9
Intercompany long-term note receivable	0	0
Due from affiliates	0	0
Investment in subsidiaries	0	0
Other non-current assets	19.7	19.7
Total assets	413.7	361.4
Current liabilities:
Accounts payable	56.9	48.6
Accrued expenses and other liabilities	47.1	62.9
Short-term borrowings	4
Current portion of long-term debt and capital leases	0.2	1.1
Product warranties	9.4	9.5
Current liabilities held for sale		0.7
Total current liabilities	117.6	122.8
Non-Current Liabilities:
Long-term debt and capital leases	0.9	0
Deferred income taxes	17.7	17.3
Pension and postretirement health obligations	0	0
Intercompany long-term note payable	4.3	4.3
Due to affiliates	784.6	741
Investment in subsidiaries	0	0
Other long-term liabilities	0.6	0.6
Total non-current liabilities	808.1	763.2
Total (deficit) equity	(512)	(524.6)
Total liabilities and equity	$ 413.7	$ 361.4

Subsidiary Guarantors of Seni86

Subsidiary Guarantors of Senior Notes due 2024 - Condensed Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Condensed consolidating statement of cash flows
Net cash used in operating activities	$ (50.6)	$ (23)
Cash flows from investing activities
Capital expenditures	(4.9)	(4.5)
Changes in restricted cash	6.2	0.3
Intercompany investment	0	0
Net cash provided by (used in) investing activities	1.3	(4.2)
Cash flows from financing activities
Proceeds from long-term debt and capital leases	78.9	1,431.4
Repayments on long-term debt and capital leases	(2.5)	(0.2)
Debt issuance costs	(1.4)	(40.6)
Changes in short-term borrowings	4	14.5
Dividend paid to MTW	0	(1,362)
Net transactions with MTW	0	6.1
Exercises of stock options	0.9	0.1
Intercompany financing	0	0
Net cash provided by financing activities	79.9	49.3
Effect of exchange rate changes on cash	(1.8)	0.5
Net increase in cash and cash equivalents	28.8	22.6
Balance at beginning of period	53.8	32
Balance at end of period	82.6	54.6
Eliminations
Condensed consolidating statement of cash flows
Net cash used in operating activities	0	0
Cash flows from investing activities
Capital expenditures	0	0
Changes in restricted cash	0	0
Intercompany investment	58.3	40.5
Net cash provided by (used in) investing activities	58.3	40.5
Cash flows from financing activities
Proceeds from long-term debt and capital leases	0	0
Repayments on long-term debt and capital leases	0	0
Debt issuance costs	0	0
Changes in short-term borrowings	(0.9)	(1.6)
Dividend paid to MTW		0
Net transactions with MTW		0
Exercises of stock options	0	0
Intercompany financing	(58.3)	(40.5)
Net cash provided by financing activities	(59.2)	(42.1)
Effect of exchange rate changes on cash	0	0
Net increase in cash and cash equivalents	(0.9)	(1.6)
Balance at beginning of period	0	0
Balance at end of period	(0.9)	(1.6)
Parent
Condensed consolidating statement of cash flows
Net cash used in operating activities	(16.9)	14
Cash flows from investing activities
Capital expenditures	(0.3)	(0.9)
Changes in restricted cash	0	0
Intercompany investment	(58.3)	(40.5)
Net cash provided by (used in) investing activities	(58.6)	(41.4)
Cash flows from financing activities
Proceeds from long-term debt and capital leases	78	1,424
Repayments on long-term debt and capital leases	(1.5)	0
Debt issuance costs	(1.4)	(40.6)
Changes in short-term borrowings	0	0
Dividend paid to MTW		(1,362)
Net transactions with MTW		6.1
Exercises of stock options	0.9	0.1
Intercompany financing	0	0
Net cash provided by financing activities	76	27.6
Effect of exchange rate changes on cash	0	0
Net increase in cash and cash equivalents	0.5	0.2
Balance at beginning of period	0.4	0
Balance at end of period	0.9	0.2
Guarantor Subsidiaries
Condensed consolidating statement of cash flows
Net cash used in operating activities	(15.6)	(39.8)
Cash flows from investing activities
Capital expenditures	(2.2)	(1.6)
Changes in restricted cash	0	0
Intercompany investment	0	0
Net cash provided by (used in) investing activities	(2.2)	(1.6)
Cash flows from financing activities
Proceeds from long-term debt and capital leases	0	0.2
Repayments on long-term debt and capital leases	(0.1)	(0.2)
Debt issuance costs	0	0
Changes in short-term borrowings	0.9	1.6
Dividend paid to MTW		0
Net transactions with MTW		0
Exercises of stock options	0	0
Intercompany financing	14.7	36.3
Net cash provided by financing activities	15.5	37.9
Effect of exchange rate changes on cash	0	0
Net increase in cash and cash equivalents	(2.3)	(3.5)
Balance at beginning of period	2.3	3.5
Balance at end of period	0	0
Non- Guarantor Subsidiaries
Condensed consolidating statement of cash flows
Net cash used in operating activities	(18.1)	2.8
Cash flows from investing activities
Capital expenditures	(2.4)	(2)
Changes in restricted cash	6.2	0.3
Intercompany investment	0	0
Net cash provided by (used in) investing activities	3.8	(1.7)
Cash flows from financing activities
Proceeds from long-term debt and capital leases	0.9	7.2
Repayments on long-term debt and capital leases	(0.9)	0
Debt issuance costs	0	0
Changes in short-term borrowings	4	14.5
Dividend paid to MTW		0
Net transactions with MTW		0
Exercises of stock options	0	0
Intercompany financing	43.6	4.2
Net cash provided by financing activities	47.6	25.9
Effect of exchange rate changes on cash	(1.8)	0.5
Net increase in cash and cash equivalents	31.5	27.5
Balance at beginning of period	51.1	28.5
Balance at end of period	$ 82.6	$ 56