Welbilt (WBT) 10-Q 20 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 16, 2018
Document and entity information
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
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 Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		140,218,799

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Income Statement [Abstract]
Net sales	$ 412.9				$ 380.4					$ 1,184	$ 1,079.5
Cost of sales	259.8				236.5					755.4	675.4
Gross profit	153.1				143.9					428.6	404.1
Selling, general and administrative expenses	71.7			$ 62.3	66.1					231	214.4	$ 276.7
Amortization expense	9.9				7.9					27.2	23.4
Separation expense	0				0.3					0.1	1.5
Restructuring expense	3.9				2.8					5.7	8.5
Gain from impairment or disposal of assets — net	(0.1)				(3.9)					(0.3)	(4.1)
Earnings from operations	67.7				70.7					164.9	160.4
Interest expense	23.3				21.7					66.7	65.9
Loss on early extinguishment of debt	0			0	1	$ 0.2	$ 0.5		$ 0.7	0	1.7	(1.7)
Other expense — net	4.9			(2.4)	3	(3.3)	(1.9)		(5.2)	28.7	8.2	(10.6)
Earnings before income taxes	39.5			36.8	45	29.9	9.7		39.6	69.5	84.6	121.4
Income taxes	12.7	$ 5.2	$ 0.4	(30.1)	14.3	1.5	2.8	$ 5.6	4.3	18.3	18.6	(11.5)
Net earnings	$ 26.8	$ 12	$ 12.4	$ 66.9	$ 30.7	$ 28.4	$ 6.9	$ 24.4	$ 35.3	$ 51.2	$ 66	$ 132.9
Per share data
Earnings per share - Basic (in dollars per share)	$ 0.19	$ 0.09		$ 0.48	$ 0.22	$ 0.20	$ 0.05	$ 0.17	$ 0.25	$ 0.37	$ 0.47	$ 0.96
Earnings per share - Diluted (in dollars per share)	$ 0.19	$ 0.09		$ 0.47	$ 0.22	$ 0.20	$ 0.05	$ 0.17	$ 0.25	$ 0.36	$ 0.47	$ 0.94
Weighted average shares outstanding - Basic (in shares)	140,154,735				139,162,556					139,955,166	138,978,203
Weighted average shares outstanding - Diluted (in shares)	141,349,185				140,885,026					141,282,068	140,619,387

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement of Comprehensive Income [Abstract]
Net earnings	$ 26.8	$ 30.7	$ 51.2	$ 66
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	3.6	6	(4)	12.2
Unrealized gain on derivatives	0.3	0.8	1.1	0.9
Employee pension and postretirement benefits	0.5	0.3	1.5	1.1
Total other comprehensive income (loss), net of tax	4.4	7.1	(1.4)	14.2
Comprehensive income	$ 31.2	$ 37.8	$ 49.8	$ 80.2

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 93.4	$ 128.4
Restricted cash	0.3	0.3
Accounts receivable, less allowance of $4.1 and $4.0 at September 30, 2018 and December 31, 2017, respectively	118.4	83.7
Inventories — net	201.2	152.3
Prepaids and other current assets	26.7	19
Total current assets	440	383.7
Property, plant and equipment — net	116.6	112.2
Goodwill	936.3	846.1
Other intangible assets — net	558.3	461.4
Other non-current assets	37.7	37
Total assets	2,088.9	1,840.4
Current liabilities:
Accounts payable	113.2	103.6
Accrued expenses and other liabilities	151.4	169.5
Short-term borrowings	30	0
Current portion of capital leases	0.5	0.7
Product warranties	27.7	24.1
Total current liabilities	322.8	297.9
Long-term debt and capital leases	1,358.7	1,232.2
Deferred income taxes	120.6	91.3
Pension and postretirement health obligations	41.2	48.3
Other long-term liabilities	80.5	67.1
Total non-current liabilities	1,601	1,438.9
Commitments and contingencies (Note 13)
Total equity:
Common stock ($0.01 par value, 300,000,000 shares authorized, 140,211,313 shares and 139,491,860 shares issued and 140,211,313 shares and 139,440,470 shares outstanding at September 30, 2018 and December 31, 2017, respectively)	1.4	1.4
Additional paid-in capital (deficit)	(44)	(54.7)
Retained earnings	241.4	189.1
Accumulated other comprehensive loss	(33.4)	(32)
Treasury stock, at cost, 53,166 shares and 51,390 shares, at September 30, 2018 and December 31, 2017, respectively	(0.3)	(0.2)
Total equity	165.1	103.6
Total liabilities and equity	$ 2,088.9	$ 1,840.4

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Accounts receivable allowances	$ 4.1	$ 4
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	300,000,000	300,000,000
Common stock shares issued (in shares)	140,211,313	139,491,860
Common stock shares outstanding (in shares)	140,211,313	139,440,470
Treasury stock (in shares)	53,166	51,390

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities
Net earnings	$ 51.2	$ 66
Adjustments to reconcile net earnings to cash used in operating activities:
Depreciation	13.2	12.1
Amortization expense	27.2	23.4
Amortization of debt issuance costs	4.1	4.1
Loss on early extinguishment of debt	0	1.7
Deferred income taxes	(4.7)	(16)
Stock-based compensation expense	4.7	9.2
Gain from impairment or disposal of assets — net	(0.3)	(4.1)
Loss on remeasurement of debt and other realized foreign currency derivative	21.9	0
Changes in operating assets and liabilities, excluding the effects of the business acquisition:
Accounts receivable	(483)	(395.4)
Inventories	(34.6)	(18.2)
Other assets	(2)	(1.8)
Accounts payable	0.3	(3.3)
Other current and long-term liabilities	(19.3)	(12.4)
Net cash used in operating activities	(421.3)	(334.7)
Cash flows from investing activities
Cash receipts on beneficial interest in sold receivables	463.6	404.6
Capital expenditures	(14)	(14.1)
Proceeds from sale of property, plant and equipment	0	12.3
Acquisition of intangible assets	(2.8)
Business acquisition, net of cash acquired	(215.6)	0
Settlement of foreign exchange contract	(10)	0
Net cash provided by investing activities	221.2	402.8
Cash flows from financing activities
Proceeds from long-term debt	276	140.9
Repayments on long-term debt and capital leases	(139.5)	(134.8)
Debt issuance costs	(0.4)	(2)
Proceeds from short-term borrowings	30	4
Exercises of stock options	6	3.2
Payments on tax withholdings for equity awards	(2.9)	(4)
Net cash provided by financing activities	169.2	7.3
Effect of exchange rate changes on cash	(4.1)	(7)
Net (decrease) increase in cash and cash equivalents and restricted cash	(35)	68.4
Balance at beginning of period	128.7	60.2
Balance at end of period	93.7	128.6
Supplemental disclosures of cash flow information:
Cash paid for income taxes, net of refunds	33.5	26.2
Cash paid for interest, net of related hedge settlements	72.3	68.2
Non-cash investing activity:
Beneficial interest obtained in exchange for securitized receivables	$ 522.3	$ 531.1

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital (Deficit)	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock
Common stock outstanding beginning of period (in shares) at Dec. 31, 2016		138,601,327
Beginning balance at Dec. 31, 2016	$ (56.4)	$ 1.4	$ (70.6)	$ 56.2	$ (43.4)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	6.9			6.9
Issuance of common stock, stock-based compensation plans (in shares)		316,862
Issuance of common stock, stock-based compensation plans	0.9		0.9
Stock-based compensation expense	4.4		4.4
Other comprehensive loss	3.2				3.2
Ending balance at Mar. 31, 2017	(41)	$ 1.4	(65.3)	63.1	(40.2)	0
Common stock outstanding end of period (in shares) at Mar. 31, 2017		138,918,189
Common stock outstanding beginning of period (in shares) at Dec. 31, 2016		138,601,327
Beginning balance at Dec. 31, 2016	(56.4)	$ 1.4	(70.6)	56.2	(43.4)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	35.3
Other comprehensive loss	7.1
Ending balance at Jun. 30, 2017	(5.9)	$ 1.4	(62.5)	91.5	(36.3)	0
Common stock outstanding end of period (in shares) at Jun. 30, 2017		139,013,484
Common stock outstanding beginning of period (in shares) at Dec. 31, 2016		138,601,327
Beginning balance at Dec. 31, 2016	(56.4)	$ 1.4	(70.6)	56.2	(43.4)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	66
Other comprehensive loss	14.2
Ending balance at Sep. 30, 2017	36.2	$ 1.4	(58.2)	122.2	(29.2)	0
Common stock outstanding end of period (in shares) at Sep. 30, 2017		139,312,299
Common stock outstanding beginning of period (in shares) at Dec. 31, 2016		138,601,327
Beginning balance at Dec. 31, 2016	(56.4)	$ 1.4	(70.6)	56.2	(43.4)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	132.9
Ending balance at Dec. 31, 2017	$ 103.6	$ 1.4	(54.7)	189.1	(32)	(0.2)
Common stock outstanding end of period (in shares) at Dec. 31, 2017	139,440,470	139,491,860
Common stock outstanding beginning of period (in shares) at Mar. 31, 2017		138,918,189
Beginning balance at Mar. 31, 2017	$ (41)	$ 1.4	(65.3)	63.1	(40.2)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	28.4			28.4
Issuance of common stock, stock-based compensation plans (in shares)		95,295
Issuance of common stock, stock-based compensation plans	0.4		0.4
Stock-based compensation expense	2.4		2.4
Other comprehensive loss	3.9				3.9
Ending balance at Jun. 30, 2017	(5.9)	$ 1.4	(62.5)	91.5	(36.3)	0
Common stock outstanding end of period (in shares) at Jun. 30, 2017		139,013,484
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	30.7			30.7
Issuance of common stock, stock-based compensation plans (in shares)		298,815
Issuance of common stock, stock-based compensation plans	1.9		1.9
Stock-based compensation expense	2.4		2.4
Other comprehensive loss	7.1				7.1
Ending balance at Sep. 30, 2017	36.2	$ 1.4	(58.2)	122.2	(29.2)	0
Common stock outstanding end of period (in shares) at Sep. 30, 2017		139,312,299
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	66.9
Ending balance at Dec. 31, 2017	$ 103.6	$ 1.4	(54.7)	189.1	(32)	(0.2)
Common stock outstanding end of period (in shares) at Dec. 31, 2017	139,440,470	139,491,860
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	$ 12.4			12.4
Issuance of common stock, stock-based compensation plans (in shares)		419,109
Issuance of common stock, stock-based compensation plans	2.5		2.5
Stock-based compensation expense	3.2		3.2
Other comprehensive loss	2.5				2.5
Ending balance at Mar. 31, 2018	$ 125.3	$ 1.4	(49)	202.6	(29.5)	(0.2)
Common stock outstanding end of period (in shares) at Mar. 31, 2018		139,910,969
Common stock outstanding beginning of period (in shares) at Dec. 31, 2017	139,440,470	139,491,860
Beginning balance at Dec. 31, 2017	$ 103.6	$ 1.4	(54.7)	189.1	(32)	(0.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	24.4
Other comprehensive loss	(5.8)
Ending balance at Jun. 30, 2018	$ 133.7	$ 1.4	(44.3)	214.6	(37.8)	(0.2)
Common stock outstanding end of period (in shares) at Jun. 30, 2018		140,097,126
Common stock outstanding beginning of period (in shares) at Dec. 31, 2017	139,440,470	139,491,860
Beginning balance at Dec. 31, 2017	$ 103.6	$ 1.4	(54.7)	189.1	(32)	(0.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	51.2
Other comprehensive loss	(1.4)
Ending balance at Sep. 30, 2018	$ 165.1	$ 1.4	(44)	241.4	(33.4)	(0.3)
Common stock outstanding end of period (in shares) at Sep. 30, 2018	140,211,313	140,211,313
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative effect of accounting standards adoption (Note 2)	$ 1.1			1.1
Common stock outstanding beginning of period (in shares) at Mar. 31, 2018		139,910,969
Beginning balance at Mar. 31, 2018	125.3	$ 1.4	(49)	202.6	(29.5)	(0.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	12			12
Issuance of common stock, stock-based compensation plans (in shares)		186,157
Issuance of common stock, stock-based compensation plans	2.3		2.3
Stock-based compensation expense	2.4		2.4
Other comprehensive loss	(8.3)				(8.3)
Ending balance at Jun. 30, 2018	133.7	$ 1.4	(44.3)	214.6	(37.8)	(0.2)
Common stock outstanding end of period (in shares) at Jun. 30, 2018		140,097,126
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	26.8			26.8
Issuance of common stock, stock-based compensation plans (in shares)		114,187
Issuance of common stock, stock-based compensation plans	1.2		1.2
Stock-based compensation expense	(0.9)		(0.9)
Other comprehensive loss	4.4				4.4	0
Value of shares in deferred compensation plan	(0.1)					(0.1)
Ending balance at Sep. 30, 2018	$ 165.1	$ 1.4	$ (44)	$ 241.4	$ (33.4)	$ (0.3)
Common stock outstanding end of period (in shares) at Sep. 30, 2018	140,211,313	140,211,313

Description of the Business

Description of the Business	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Description of the Business	Description of the Business Welbilt, Inc. ("Welbilt") and its consolidated subsidiaries, collectively, 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 the Company's 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 industrial customers, 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 promote profitable growth for Welbilt end customers by improving their menus, enhancing operations and reducing costs. The Company operates in three regional segments, the Americas (includes United States ("U.S."), Canada and Latin America), EMEA (markets in Europe, including Russia and the Commonwealth of Independent States, Middle East and Africa) and APAC (principally comprises markets in China, Australia, Japan, Philippines, South Korea, Singapore, Indonesia, Taiwan, Hong Kong, Thailand, Malaysia and New Zealand).

Summary of Significant Accounti

Summary of Significant Accounting Policies and Basis of Presentation	9 Months Ended
	Sep. 30, 2018
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 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. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include inventory obsolescence costs, warranty costs, product liability costs, employee benefit programs, sales rebates and the measurement of income tax assets and liabilities. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. On an ongoing basis, the Company evaluates these assumptions, judgments and estimates. Actual results may differ from these estimates. In the opinion of management, the consolidated financial statements contain all adjustments necessary for a fair statement of the results of operations and comprehensive income for the three and nine months ended September 30, 2018 and 2017 , the financial position at September 30, 2018 and December 31, 2017 and the cash flows for the nine months ended September 30, 2018 and 2017 , 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 in a full reporting year. 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 Securities and Exchange Commission's ("SEC") rules and regulations governing interim financial statements. However, the Company believes that the disclosures made in the unaudited consolidated financial statements and related notes are adequate to make the information presented not misleading. These consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K/A for the year ended December 31, 2017 . All dollar amounts, except share and per share amounts, are in millions of dollars throughout the tables included in these notes unless otherwise indicated. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation and include: • Reclassification of periodic pension and postretirement benefit costs totaling $0.4 million and $1.1 million from "Selling, general and administrative expenses" to "Other expense — net" in the consolidated statement of operations for the three and nine months ended September 30, 2017 respectively, as a result of the retrospective adoption of Accounting Standard Update ("ASU") 2017-07, "Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." • Beginning and ending cash and cash equivalents shown on the consolidated statements of cash flows for the nine months ended September 30, 2017 were increased for restricted cash of $6.4 million and $0.2 million , respectively, and cash flows provided by investing activities were reduced by $6.3 million as a result of adopting ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash." • As a result of the adoption of ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," the Company reclassified consideration received for the beneficial interest obtained for transferring trade receivables in securitization transactions of approximately $404.6 million from operating activities to investing activities on the consolidated statements of cash flows for the nine months ended September 30, 2017 . Revision of Previously Issued Consolidated Financial Statements On November 19, 2018 , the Company filed Amendment No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended December 31 2017 (the "FY2017 Form 10-K/A") to restate its consolidated financial statements as of and for the year ended December 31, 2016, and revise its financial statements as of and for the years ended December 31, 2017 and 2015, to correct for prior period tax errors identified in the third quarter of 2018, as well as to correct for other prior period errors previously determined to be immaterial, individually and in the aggregate. As a result of such restatement and revision, the Company is also revising its previously issued unaudited consolidated financial statements for the three and nine months ended September 30, 2017 in connection with the filing of this Form 10-Q. Additional details regarding this revision, including the impact of the revisions on the other unaudited interim periods in 2017 and 2018, are included in Note 19, "Revision of Previously Issued Consolidated Financial Statements." All relevant footnotes to the consolidated financial statements in this Form 10-Q have also been revised to reflect the items discussed above. Recently Adopted Accounting Pronouncements In May 2017, the Financial Accounting Standards Board ("FASB") issued ASU 2017-09, "Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting," which provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting pursuant to Topic 718. ASU 2017-09 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The amendments in this update are required to be applied prospectively to an award modified on or after the adoption date. This standard became effective for the Company on January 1, 2018. The impact this standard will have on the Company's consolidated financial statements and related disclosures are dependent on the terms and conditions of any modifications made to share-based awards after January 1, 2018. In March 2017, the FASB issued ASU 2017-07, "Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost," 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 allows only the service cost component of net benefit cost to be eligible for capitalization. As of January 1, 2018, the Company adopted this standard on a retrospective basis. Prior to adoption, periodic benefit costs for both pensions and postretirement benefits were recorded in "Selling, general and administrative expenses" in the consolidated statement of operations. As a result of adopting this ASU, the Company recognized $0.4 million and $1.3 million of periodic pension costs and $0.1 million and $0.4 million of periodic postretirement benefit costs in "Other expense — net" in the consolidated statement of operations for the three and nine months ended September 30, 2018 , respectively. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," which requires an entity to reconcile the changes in restricted cash as part of total cash and cash equivalents in its statements of cash flows. This standard became effective for the Company on January 1, 2018. The adoption of this standard was applied retrospectively. Other than the change in presentation of restricted cash within the consolidated statements of cash flows, the adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory," which requires 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 became effective for the Company on January 1, 2018. Currently the Company does not have material intercompany transactions of non-inventory items, but to the extent that these business circumstances change in the future, there could be income tax impacts. 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. This standard became effective for the Company on January 1, 2018. The adoption of this standard impacts the presentation of collections of the deferred purchase price from its sales of trade accounts receivables in the Company’s consolidated statements of cash flows. Subsequent to adoption, collection of these balances is reported in cash flows from investing activities rather than cash flows from operating activities with all retrospective periods reclassified to conform for comparability. In addition, the beneficial interest obtained in exchange for securitized receivables are reported as non-cash investing activity. See Note 7, "Accounts Receivable Securitization" for further discussion. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" with additional updates subsequently issued (collectively, "ASU 2014-09"). This ASU creates a single, comprehensive revenue recognition model for all contracts with customers. The model is based on changes in contract assets (rights to receive consideration) and liabilities (obligations to provide a good or service). On January 1, 2018, the Company adopted ASU 2014-09. Either a retrospective or cumulative effect transition method, referred to as the modified retrospective method, is permitted. The Company used the modified retrospective method and recognized the cumulative effect of the initial application of the new revenue standard as an adjustment to the opening balance of retained earnings. Prior period results have not been restated and continue to be reported under the accounting standards in effect for those periods. In connection with the adoption of this guidance, the Company elected the following practical expedients: (i) significant financing component, (ii) sales taxes, (iii) costs of obtaining a contract, (iv) shipping and handling activities and (v) immaterial promised goods or services. The adoption of ASU 2014-09 did not have a material impact on the Company's consolidated balance sheet as of September 30, 2018 or the consolidated statement of operations or cash flows for the three and nine months ended September 30, 2018 . Subsequent to the adoption of ASU 2014-09, revenue is recognized based on the satisfaction of performance obligations, which occurs when control of a good or service transfers to a customer. A majority of the Company's net sales continue to be recognized when products are shipped from its manufacturing facilities. The cumulative effect of the changes made to the Company's consolidated balance sheet as of January 1, 2018 for the adoption of ASU 2014-09 is related to the establishment of right to return assets in conjunction with its product return policy as shown below: (in millions) As of December 31, 2017 Adjustments Due to Adoption of ASU 2014-09 As of January 1, 2018 Balance Sheet Assets: Inventories — net $ 152.3 $ 1.1 $ 153.4 Equity: Retained earnings $ 204.5 $ 1.1 $ 205.6 Substantially all of the Company's revenues comprise revenues from contracts with customers. These revenues are disaggregated by major source and geographic location, as the Company believes it best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors. Net sales by product class and segment are as follows: Three Months Ended September 30, 2018 (in millions) Commercial Foodservice Whole Goods Aftermarket Parts and Support Total Americas $ 237.3 $ 47.7 $ 285.0 EMEA 66.5 11.7 78.2 APAC 42.2 7.5 49.7 Total net sales $ 346.0 $ 66.9 $ 412.9 Nine Months Ended September 30, 2018 (in millions) Commercial Foodservice Whole Goods Aftermarket Parts and Support Total Americas $ 698.1 $ 131.6 $ 829.7 EMEA 185.1 36.8 221.9 APAC 111.2 21.2 132.4 Total net sales $ 994.4 $ 189.6 $ 1,184.0 For the majority of foodservice equipment and aftermarket parts and support, the transfer of control and revenue recognition materializes when the products are shipped from the manufacturing facility or the service is provided to the customer. The Company typically invoices its customers with payment terms of 30 days and the average collection cycle is generally less than 60 days. The amount of consideration received and revenue recognized varies with marketing incentives that are offered to customers such as annual customer rebate programs and product returns. Variable consideration as a result of customer rebate programs is typically based on calendar-year purchases, and is determined using the expected value method in interim periods as prescribed in the guidance. Customers have the right to return eligible equipment and parts. The expected returns are based on an analysis of historical experience. The estimate of revenue is adjusted at the earlier of when the most likely amount of the expected consideration changes or when the consideration becomes fixed. The impact of such adjustments was not material in the three and nine months ended September 30, 2018 . The Company also recognizes revenue for foodservice-based projects. These revenues are generally recognized at the point-in-time in which control transfers to the customer. However, depending on the nature of the performance obligations in the contract, revenues may be recognized over time. The Company sells separately-priced extended warranties that extend coverage beyond the standard product warranty by 12 to 60 months. Payments are received at the inception of the contract and revenue is recognized over the term of the agreement on a straight-line basis, which the Company believes approximates the timing of costs expected to be incurred in satisfying the obligations of the contract. As of September 30, 2018 and December 31, 2017 , there was $6.2 million and $6.7 million , respectively, of deferred revenues related to extended warranties. The Company expects to recognize $3.0 million of the deferred revenues in 2018, of which $0.4 million and $1.2 million was recognized for the three and nine months ended September 30, 2018 respectively, $1.4 million will be recognized in 2019, and $3.0 million will be recognized thereafter. See additional discussion of product warranties in Note 14, "Product Warranties." The Company also defers revenues related to performance obligations that have not yet been met. At September 30, 2018 , these revenues totaled $0.9 million of which $0.7 million is expected to be recognized in 2018 and $0.2 million in 2019. Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued ASU 2018-15, "Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract," which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software, with amortization expense being recorded in the same income statement expense line as the hosted service costs and over the expected term of the hosting arrangement. ASU 2018-15 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 and should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on the consolidated financial statements and related disclosures. In August 2018 the FASB issued ASU 2018-14 “Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans,” which modifies the disclosure requirements on the company-sponsored defined benefit pension or other postretirement plans. This guidance becomes effective for the Company for fiscal years ending after December 15, 2020. Early adoption is permitted. The amendments should be applied on a retrospective basis to all periods presented. The Company is currently evaluating the impact that the adoption of this ASU will have on the consolidated financial statements and related disclosures. In February 2018, the FASB issued ASU 2018-02, "Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income," to provide guidance on the presentation of certain income statement effects from the Tax Cuts and Jobs Act’s reduction in the corporate statutory tax rate . The ASU provides the option of reclassifying what are called the “stranded” tax effects within accumulated other comprehensive income (loss) to retained earnings and requires increased disclosures describing the accounting policy used to release the income tax effects from accumulated other comprehensive income (loss), whether the amounts reclassified are the stranded income tax effects from the Tax Cuts and Jobs Act, and information about the other effects on taxes from the reclassification. ASU 2018-02 may be adopted using one of two transition methods: (1) retrospective to each period (or periods) in which the income tax effects of the Tax Cuts and Jobs Act related to items remaining in accumulated other comprehensive income (loss) are recognized, or (2) at the beginning of the period of adoption. The ASU is effective for fiscal years beginning after December 15, 2018, and the quarterly and other interim periods in those years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements and related disclosures. In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities," which improves the financial reporting of hedging relationships to better align risk management activities in financial statements and make certain targeted improvements to simplify the application of current hedge accounting guidance in current GAAP. The standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements and related disclosures. In March 2017, the FASB issued ASU 2017-08, "Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities," 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 financial statements and related disclosures. In June 2016 the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments," which significantly changes the impairment model for most financial instruments. Current guidance requires the recognition of credit losses based on an incurred loss impairment methodology that reflects losses once the losses are probable. Under ASU 2016-13, the Company will be required to use a current expected credit loss model (“CECL”) that will immediately recognize an estimate of credit losses that are expected to occur over the life of the financial instruments that are in the scope of this update, including trade receivables. The CECL model uses a broader range of reasonable and supportable information in the development of credit loss estimates. This guidance becomes effective for the Company on January 1, 2020 including the interim periods in the year. The Company is currently evaluating the impact that the adoption of this ASU will have on the consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)" and in July 2018, ASU 2018-10 "Codification Improvements to Topic 842, Leases" and ASU 2018-11 "Leases (Topic 842) Targeted Improvements" were issued (collectively "ASC Topic 842"). ASC Topic 842 will supersede the current guidance for lease accounting and will require lessees to recognize the right-of-use assets and lease liabilities, on its balance sheet. ASC Topic 842 permits the Company to elect either a) a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements or b) a modified retrospective approach recognizing the cumulative effect of the initial application of the new leasing standard as an adjustment to the opening balance of retained earnings as of the date of adoption. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years with early adoption permitted. While the Company is still evaluating the impact this ASU will have on the consolidated financial statements and related disclosures, it has completed the initial impact assessment, has identified and begun implementing an accounting system to support the leasing accounting requirements and has evaluated which practical expedients it plans to elect in connection with the adoption of ASC Topic 842. The Company is currently abstracting and validating all applicable lease provisions into the lease accounting system and is in the process of updating its policies, processes and internal controls to align with the new standard. The Company will adopt this new standard on January 1, 2019 and expects to use the cumulative effect transition method but is not yet in a position to reasonably estimate the expected increase in assets and liabilities on the consolidated balance sheet upon adoption. The Company plans to elect the package of practical expedients provided in the standard in that it will not reassess the lease classification of existing contracts or leases and it will not reassess the initial direct costs associated with existing leases. The Company does not plan to elect the hindsight practical expedient. In addition, the Company continues to evaluate the accounting policy elections to be made upon adoption of the new standard. The majority of the Company's leases are operating leases, which will be capitalized. The impact of recording the lease liabilities and the corresponding right of use assets are expected to be significant relative to total assets and liabilities with minimal impact on equity, results of operations and cash flows. In addition, the Company expects expanded qualitative and quantitative financial statement disclosures regarding the Company's leasing arrangements. Recent accounting guidance not discussed above is not applicable, did not have, or is not expected to have a material impact on the Company.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Acquisitions	Acquisitions On April 19, 2018, the Company, through a wholly-owned subsidiary, acquired 100% of the share capital of Avaj International Holding AB ("Avaj") (the "Crem Acquisition") for aggregate consideration of approximately 1,800 million Swedish Krona ("SEK") or $220.3 million based on the exchange rate in effect on the closing date. The consideration comprised $159.8 million in cash, including $2.4 million of interest paid to the seller, and an aggregate $60.5 million for the repayment of certain indebtedness owed under third-party borrowings and shareholder loans. The Crem Acquisition was funded through cash on hand and additional borrowings under existing credit lines. Crem International Holding AB ("Crem"), a wholly-owned subsidiary of Avaj, is a global manufacturer of professional coffee machines headquartered in Solna, Sweden. Crem develops, manufactures and markets a full suite of coffee machines under three brands: Coffee Queen ® , Expobar ® and Spengler for use in offices, restaurants, cafes and coffee shops, catering and convenience stores. The Crem Acquisition provides the Company with an established presence in hot beverage equipment, a complementary product category, and it expects to realize operational synergies and cross-selling benefits. In addition, the Crem Acquisition supports the Company's strategic objective of increasing its presence in Europe and Asia. The Crem Acquisition was accounted for under the acquisition method of accounting which requires, among other things, that the assets acquired and the liabilities assumed be measured at their fair values as of the closing date of the transaction. The fair value of the net assets acquired was based on a preliminary valuation and the estimates and assumptions are subject to change within the measurement period. The Company is continuing to evaluate the (i) intangible assets; (ii) deferred tax assets and liabilities; (iii) income tax and non-income tax accruals. The Company will finalize the purchase price allocation as soon as practicable within the measurement period, but in no event later than one year following the Crem Acquisition date. During the three and nine months ended September 30, 2018 , the Company incurred approximately $0.4 million and $4.8 million , respectively, of professional services and other direct acquisition costs related to the Crem Acquisition that are included in "Selling, general and administrative expenses" in the consolidated statement of operations. In addition, the Company entered into a foreign currency exchange contract for the purchase price exposure of SEK 1,800 million , which incurred a loss of $10.0 million in the first half of 2018 and is included in the consolidated statement of operations in "Other expense — net" for the nine months ended September 30, 2018 . The operations of Crem contributed approximately $20.7 million and $39.3 million to net sales for the three and nine months ended September 30, 2018 and earnings from operations of approximately $1.0 million and $0.8 million for the three and nine months ended September 30, 2018 . The following table summarizes the consideration paid for Crem and the amounts of the identified assets acquired and liabilities assumed at the acquisition date: (in millions) Total purchase price $ 220.3 Less: cash acquired 4.7 Total purchase price, net of cash acquired $ 215.6 Recognized preliminary amounts of identifiable assets acquired and (liabilities assumed), at fair value: Cash $ 4.7 Accounts receivable 17.2 Inventories 16.9 Prepaids and other current assets 1.9 Property, plant and equipment 4.9 Other intangible assets 131.2 Other non-current assets 2.1 Accounts payable (11.4 ) Accrued expenses and other liabilities (6.0 ) Deferred income taxes (32.8 ) Pension and postretirement health obligations (0.4 ) Other long-term liabilities (5.0 ) Preliminary estimate of the fair value of assets acquired and liabilities assumed 123.3 Allocation to goodwill $ 97.0 The preliminary fair value estimates for the Company's identifiable intangible assets other than goodwill acquired as part of the acquisition are as follows: (in millions) Estimated Fair Values Estimated Useful Life (in years) Weighted Average Amortization Period (in years) Customer relationships $ 64.2 10 10.0 Design libraries 20.6 7 — 20 10.4 Total definite-lived intangible assets 84.8 10.1 Tradename 46.4 Indefinite Total intangible assets $ 131.2 The preliminary estimated goodwill was allocated to the Company's reportable segments as follows: EMEA $84.2 million and APAC $12.8 million . The goodwill is not expected to be deductible for tax purposes.

Inventories - Net

Inventories - Net	9 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Inventories - Net	Inventories — Net The components of "Inventories — net" at September 30, 2018 and December 31, 2017 are summarized as follows: September 30, December 31, (in millions) 2018 2017 Inventories — gross: Raw materials $ 95.6 $ 73.9 Work-in-process 18.7 18.9 Finished goods 114.7 86.9 Total inventories — gross 229.0 179.7 Excess and obsolete inventory reserve (23.9 ) (23.5 ) Net inventories at FIFO cost 205.1 156.2 Excess of FIFO costs over LIFO value (3.9 ) (3.9 ) Inventories — net $ 201.2 $ 152.3

Property, Plant and Equipment -

Property, Plant and Equipment - Net	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment - Net	Property, Plant and Equipment — Net The components of "Property, plant and equipment — net" at September 30, 2018 and December 31, 2017 are summarized as follows: September 30, December 31, (in millions) 2018 2017 Land $ 9.8 $ 9.5 Building and improvements 88.4 88.9 Machinery, equipment and tooling 227.4 227.3 Furniture and fixtures 6.7 6.0 Computer hardware and software 57.1 55.1 Construction in progress 21.7 15.7 Total cost 411.1 402.5 Less accumulated depreciation (294.5 ) (290.3 ) Property, plant and equipment — net $ 116.6 $ 112.2

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses and Other Liabilities	9 Months Ended
	Sep. 30, 2018
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 September 30, 2018 and December 31, 2017 are summarized as follows: September 30, December 31, (in millions) 2018 2017 Accounts payable: Trade accounts payable $ 113.2 $ 103.6 Total accounts payable $ 113.2 $ 103.6 Accrued expenses and other liabilities: Interest payable $ 2.2 $ 7.8 Income taxes payable 2.1 13.9 Employee related expenses 31.3 30.8 Restructuring expenses 4.0 5.0 Profit sharing and incentives 14.0 11.5 Accrued rebates 44.2 50.0 Deferred revenue — current 3.4 4.2 Customer advances 4.1 2.6 Product liability 1.4 1.4 Miscellaneous accrued expenses 44.7 42.3 Total accrued expenses and other liabilities $ 151.4 $ 169.5

Accounts Receivable Securitizat

Accounts Receivable Securitization	9 Months Ended
	Sep. 30, 2018
Transfers and Servicing [Abstract]
Accounts Receivable Securitization	Accounts Receivable Securitization The Company participates in a $110.0 million accounts receivable securitization program whereby the Company sells 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, sells, conveys, transfers and assigns to a third-party financial institution (the “Purchaser”), all the rights, title and interest in and to its pool of receivables. Under this program, the Company generally receives cash consideration up to a certain limit and records a non-cash exchange for sold receivables for the remainder of the purchase price ("deferred purchase price"). The sale of these receivables qualifies for sale accounting treatment. The Company maintains a "beneficial interest," or right to collect cash, in the sold receivables. Cash receipts from the Purchaser at the time of the sale are classified as operating cash while cash receipts from the beneficial interest on sold receivables are classified as investing activities on the consolidated statements of cash flows. The Company, along with certain of its subsidiaries, act as servicers of the sold receivables. The servicers administer, collect and otherwise enforce these receivables and are compensated for doing so on terms that are generally consistent with what would be charged by an unrelated servicer. The servicers initially receive payments made by obligors on the receivables but are required to remit those payments in accordance with the receivables purchase agreement. Upon termination of the program, the Purchaser will have no recourse for uncollectible receivables. The securitization program also contains customary affirmative and negative covenants. Among other restrictions, these covenants require the Company to meet specified financial tests, which include a Consolidated Interest Coverage Ratio and a Consolidated Total Leverage Ratio that are the same as the covenant ratios required under the 2016 Credit Agreement. The accounts receivable securitization program was amended on February 2, 2018 and again on October 26, 2018 in conjunction with amendments to the 2016 Credit Agreement to provide for certain conforming changes including amending the Consolidated Total Leverage Ratio required thereunder. See Note 8, "Debt" and Note 21, "Subsequent Events" for additional details of the 2016 Credit Agreement and related amendments. 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 beneficial interest in the sold receivables approximates book value and, as of September 30, 2018 and December 31, 2017 , totaled $69.5 million and $62.9 million , respectively and is recorded in "Accounts receivable, less allowance" in the consolidated balance sheets. The Company deems the interest rate risk related to this beneficial interest to be de minimis, primarily due to the short average collection cycle of the related receivables. The carrying value of trade receivables removed from the Company's consolidated balance sheets in connection with the accounts receivable securitization program was $89.5 million and $99.5 million at September 30, 2018 and December 31, 2017 , respectively.

Debt

Debt	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Debt	Debt Outstanding debt at September 30, 2018 and December 31, 2017 is summarized as follows: (in millions, except percentage data) September 30, 2018 Weighted Average Interest Rate December 31, 2017 Weighted Average Interest Rate Revolving loan facility $ 30.0 4.54 % $ — — % Revolving credit facility 162.0 5.54 % 25.0 4.41 % Term Loan B facility 815.0 5.18 % 815.0 4.90 % 9.50% Senior Notes due 2024 425.0 9.75 % 425.0 9.72 % Capital leases 2.1 4.20 % 2.7 4.17 % Total debt and capital leases, including current portion 1,434.1 1,267.7 Less: Revolving loan facility (30.0 ) — Current portion of capital leases (0.5 ) (0.7 ) Unamortized debt issuance costs (1) (22.7 ) (26.4 ) Hedge accounting fair value adjustment (2) (22.2 ) (8.4 ) Total long-term debt and capital leases $ 1,358.7 $ 1,232.2 (1) Total outstanding debt issuance costs, net of amortization as of September 30, 2018 and December 31, 2017 was $24.9 million and $28.6 million , respectively, of which $2.2 million of each period end presented, was related to the revolving credit facility and recorded in "Other non-current assets" in the consolidated balance sheets. (2) Represents the change in fair value due to changes in benchmark interest rates related to the Company's 9.50% Senior Notes due 2024 ("Senior Notes"). Refer to Note 9, "Derivative Financial Instruments," for additional information on the Company's interest rate swap designated as a fair value hedge. On March 3, 2016, the Company entered into a credit agreement (as amended, restated, supplemented or otherwise modified from time to time the "2016 Credit Agreement") for a $1,200.0 million senior secured credit facility consisting of (i) a senior secured revolving credit facility in an aggregate principal amount of $225.0 million (the "Revolving Facility") and (ii) 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. In February 2018, the Company entered into an amendment to the 2016 Credit Agreement, which increased the Consolidated Total Leverage Ratio for each of the quarters ended December 31, 2017, March 31, 2018 and June 30, 2018 to 5.25 :1.00. The required ratio level will then reduce 0.25 each subsequent quarter until the ratio reaches 4.00 :1.00 in the quarter ending September 30, 2019. In April 2018, the Company entered into an Incremental Revolving Facility Amendment to the 2016 Credit Agreement whereby the aggregate revolving commitments were increased by $50.0 million to $275.0 million . On October 23, 2018, the Company further amended the 2016 Credit Agreement. See Note 21, "Subsequent Events" for details on the terms of the amendment. As of September 30, 2018 , the Company had $3.3 million in outstanding stand-by letters of credit and $109.7 million available for additional borrowings under the Revolving Facility. During the nine months ended September 30, 2018 , the highest daily borrowing was $260.0 million and the average borrowing was $159.6 million . The interest rate on the Revolving Facility fluctuates based upon LIBOR or an alternate base rate plus a spread, which is based upon the Consolidated Total Leverage Ratio of the Company. As of September 30, 2018 , the spreads for LIBOR and alternate base rate borrowings were 2.50% and 1.50% , respectively, given the Company's effective Consolidated Total Leverage Ratio. The interest rate on the Term Loan B Facility also fluctuates based on LIBOR or a Prime rate plus an applicable margin. At September 30, 2018 , this facility bore interest at a rate per annum equal to, at the option of the Company, LIBOR plus an applicable margin of 2.75% for term loans subject to a 1.00% LIBOR floor, or an alternate base rate plus the applicable margin, that 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, 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 quarters, in each case, as defined in the 2016 Credit Agreement. The current levels of the financial covenants under the Senior Secured Credit Facilities are set forth below: Quarter Ending Consolidated Total Leverage Ratio (less than) Actual Consolidated Total Leverage Ratio Consolidated Interest Coverage Ratio (greater than) Actual Consolidated Interest Coverage Ratio September 30, 2018 5.00:1.00 4.93:1.00 3.00:1.00 3.25:1.00 As of September 30, 2018 , the Company was in compliance with all affirmative and negative covenants in its debt instruments, including the financial covenants under the 2016 Credit Agreement and the indenture for the Senior Notes. In April 2018, the Company, through a wholly-owned subsidiary, entered into a short-term secured $30.0 million revolving loan facility for working capital requirements. This revolving loan facility bears interest at LIBOR plus an applicable margin of 1.90% and matures on April 18, 2019. This facility is secured by Welbilt (China) Foodservice Co., Ltd., a wholl y owned subsidiary.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2018
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 the Company structures transactions to minimize or manage these risks whenever possible. The primary risks the Company manages using derivative instruments are interest rate risk, commodity price risk and foreign currency exchange risk. 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. Swap contracts on various commodities are used to manage the price risk associated with forecasted purchases of materials used in the Company's manufacturing process. The Company also enters into various foreign currency derivative instruments to help manage foreign currency risk associated with its projected purchases and sales and foreign currency denominated receivable and payable balances. The Company recognizes all derivative instruments as either assets or liabilities at fair value in the consolidated balance sheets. Commodity swaps and foreign currency exchange contracts are designated 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 a cross-currency interest rate swap as a hedge 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 "Accumulated other comprehensive loss" ("AOCI") in the consolidated balance sheets 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 $0.5 million of unrealized gains , net of tax, related to currency rate and commodity price hedging will be reclassified from AOCI into earnings. Foreign currency and commodity hedging is generally completed prospectively on a rolling basis for 15 and 36 months, respectively, depending on the type of risk being hedged. During the first quarter of 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, 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 and have termination dates of March 2019 for $175.0 million notional amount and March 2020 for the remaining $425.0 million notional amount. Approximately 42.8% of the Company’s total outstanding long-term debt had its interest payments designated as cash flow hedges under these interest rate swap agreements as of September 30, 2018 . As of September 30, 2018 and December 31, 2017 , the Company had the following outstanding commodity and currency forward contracts that were entered into as hedges of forecasted transactions: Units Hedged Commodity September 30, 2018 December 31, 2017 Unit Aluminum 1,652 1,620 MT Copper 645 667 MT Steel 9,200 7,713 Short tons Units Hedged Currency September 30, 2018 December 31, 2017 Canadian Dollar 17,820,000 18,080,000 European Euro 15,698,000 8,545,000 British Pound 17,789,322 7,807,744 Mexican Peso 277,410,000 126,400,000 Singapore Dollar 3,245,000 1,765,000 The effects of derivative instruments on the consolidated statements of comprehensive income and consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 for gains or losses initially recognized in AOCI in the consolidated balance sheets were as follows: Derivatives in cash flow hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Pretax gain/(loss) effective portion of derivative reclassified from AOCI into income Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income Three Months Ended September 30, Location Three Months Ended September 30, Location Three Months Ended September 30, 2018 2017 2018 2017 2018 2017 Foreign currency exchange contracts $ 1.0 $ 1.9 Cost of sales $ (0.4 ) $ 1.6 Cost of sales $ — $ — Commodity contracts (0.5 ) 0.7 Cost of sales 0.7 0.4 Cost of sales — (0.1 ) Interest rate swap contracts 0.1 0.9 Interest expense — — Interest expense — — Total $ 0.6 $ 3.5 $ 0.3 $ 2.0 $ — $ (0.1 ) Derivatives in cash flow hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Pretax gain/(loss) effective portion of derivative reclassified from AOCI into income Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income Nine Months Ended September 30, Location Nine Months Ended September 30, Location Nine Months Ended September 30, 2018 2017 2018 2017 2018 2017 Foreign currency exchange contracts $ (0.7 ) $ 4.6 Cost of sales $ — $ 2.3 Cost of sales $ — $ — Commodity contracts (0.1 ) 1.3 Cost of sales 2.0 0.8 Cost of sales 0.1 0.1 Interest rate swap contracts 3.9 (0.9 ) Interest expense — — Interest expense — — Total $ 3.1 $ 5.0 $ 2.0 $ 3.1 $ 0.1 $ 0.1 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 first quarter of 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. This agreement involved 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. In June 2017, this interest rate swap agreement was terminated and the Company received $7.7 million , the fair value of the swap including accrued interest. Accordingly, hedge accounting was discontinued and the hedge accounting adjustment to the Company's Senior Notes of $0.3 million will be amortized to "Interest expense" in the consolidated statements of operations through February 2024. On October 3, 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. 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 and terminates in February 2024. Approximately 30.3% of the Company’s total outstanding long-term debt had its interest payments designated as a fair value hedge under this interest rate swap agreement as of September 30, 2018 . The gain or loss on the hedged item (that is, fixed-rate borrowing of the Senior Notes) attributable to the hedged benchmark interest rate risk (risk of changes in the applicable LIBOR swap rate) and the offsetting gain or loss on the related interest rate swap is as follows: Derivatives in fair value hedging relationships (in millions) Gain/(Loss) on Swap Location Gain/(Loss) on Hedged Item Three Months Ended September 30, Three Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ (2.2 ) $ — Interest Expense $ 2.4 $ — Total $ (2.2 ) $ — $ 2.4 $ — Derivatives in fair value hedging relationships (in millions) Gain/(Loss) on Swap Location Gain/(Loss) on Hedged Item Nine Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ (13.6 ) $ 0.3 Interest Expense $ 13.9 $ (0.3 ) Total $ (13.6 ) $ 0.3 $ 13.9 $ (0.3 ) The net gain of $0.2 million and $0.3 million for the three and nine months ended September 30, 2018 , respectively, represents hedge ineffectiveness. There was no hedge ineffectiveness recorded for the corresponding periods in 2017 . The net swap settlements that accrue each period are reported in "Interest expense" in the consolidated statements of operations. 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 AOCI 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. During the first quarter of 2017, the Company entered into a three -year cross-currency interest rate swap contract for a notional value of €50.0 million to protect the value of its net investment in Euros. The carrying value of the net investment in Euros 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 AOCI. The Company uses the forward-rate method of assessing hedge effectiveness when cross-currency swap contracts are designated as hedging instruments. The location and effects of derivative instruments on the consolidated statements of comprehensive income and consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 for gains or losses initially recognized in AOCI in the consolidated balance sheets were as follows: Derivatives in net investments hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Gain/(loss) reclassified from AOCI into income (effective portion) Three Months Ended September 30, Location Three Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ 0.2 $ (2.2 ) N/A $ — $ — Total $ 0.2 $ (2.2 ) $ — $ — Derivatives in net investments hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Gain/(loss) reclassified from AOCI into income (effective portion) Nine Months Ended September 30, Location Nine Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ 1.5 $ (6.3 ) N/A $ — $ — Total $ 1.5 $ (6.3 ) $ — $ — N/A = Not applicable Derivatives Not Designated as Hedging Instruments The Company enters into foreign currency exchange contracts that are not designated as hedge relationships to offset, in part, the impact of certain intercompany transactions and to further mitigate certain other short-term currency impacts as identified. 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 — net " in the consolidated statements of operations. During the first quarter of 2018, the Company entered into a short-term foreign currency exchange contract to purchase SEK 1,800.0 million and sell $223.8 million with maturity dates ranging from March 1, 2018 to April 5, 2018 ("SEK Contract"). The purpose of this contract was to mitigate the impact of currency price fluctuations on the contracted price of the Crem Acquisition (see Note 3, "Acquisitions" for additional discussion of the Crem Acquisition). In April 2018, the Company settled the SEK Contract and realized a loss of $10.0 million recognized in " Other expense — net " in the consolidated statements of operations. The cash flows related to the settlement of the SEK Contract are not related to the Company’s ongoing revenue-producing or cost-generating activities and, therefore, have been included within the investing activities in the consolidated statement of cash flows. As of September 30, 2018 and December 31, 2017 , the Company had the following outstanding currency forward contracts that were not designated as hedging instruments: Units Hedged Currency September 30, 2018 December 31, 2017 Singapore Dollar 28,127,000 28,127,000 European Euro 68,600,000 69,300,000 British Pound 16,679,865 14,912,019 Swiss Franc 4,100,000 4,800,000 The location and effects on the consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 for gains or losses related to derivative instruments not designated as hedging instruments were as follows: 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 September 30, 2018 2017 Foreign currency exchange contracts $ 2.6 $ (0.5 ) Other expense — net Total $ 2.6 $ (0.5 ) 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 Nine Months Ended September 30, 2018 2017 Foreign currency exchange contracts $ (8.2 ) $ (4.9 ) Other expense — net Total $ (8.2 ) $ (4.9 ) The fair value of outstanding derivative contracts recorded as assets in the consolidated balance sheets as of September 30, 2018 and December 31, 2017 was as follows: Asset Derivatives (in millions) Balance Sheet Location Fair Value September 30, 2018 December 31, 2017 Derivatives designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets $ 1.1 $ 1.1 Commodity contracts Prepaids and other current assets 0.9 1.7 Interest rate swap contracts Prepaids and other current assets 5.5 1.7 Commodity contracts Other non-current assets 0.1 0.6 Interest rate swap contracts Other non-current assets 2.3 2.3 Total derivatives designated as hedging instruments $ 9.9 $ 7.4 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets $ 1.4 $ — Total derivatives NOT designated as hedging instruments $ 1.4 $ — Total asset derivatives $ 11.3 $ 7.4 The fair value of outstanding derivative contracts recorded as liabilities in the consolidated balance sheets as of September 30, 2018 and December 31, 2017 was as follows: Liability Derivatives (in millions) Balance Sheet Location Fair Value September 30, 2018 December 31, 2017 Derivatives designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities $ 1.3 $ 0.6 Commodity contracts Accrued expenses and other liabilities 0.3 0.1 Commodity contracts Other long-term liabilities 0.3 — Interest rate swap contracts Other long-term liabilities 29.7 17.7 Total derivatives designated as hedging instruments $ 31.6 $ 18.4 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities $ — $ 0.5 Total derivatives NOT designated as hedging instruments $ — $ 0.5 Total liability derivatives $ 31.6 $ 18.9

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments In accordance with the Company's policy, fair value is defined 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. The policy classifies the inputs used to measure fair value into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability The Company endeavors to utilize the best available information in measuring fair value. The Company estimates the fair value of its Senior Notes and Term Loan B Facility 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 beneficial interest in sold receivables (see Note 7, "Accounts Receivable Securitization"), approximate fair value, without being discounted as of September 30, 2018 and December 31, 2017 due to the short-term nature of these instruments. The fair value of the Company's Senior Notes was approximately $464.9 million and $483.8 million as of September 30, 2018 and December 31, 2017 , respectively. The fair value of the Company's Term Loan B Facility was approximately $820.6 million and $818.1 million as of September 30, 2018 and December 31, 2017 , respectively. The related carrying values are disclosed in Note 8, "Debt." The following tables set forth financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017 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 September 30, 2018 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 2.5 $ — $ 2.5 Commodity contracts — 0.9 — 0.9 Interest rate swap contracts — 5.5 — 5.5 Total current assets at fair value — 8.9 — 8.9 Non-current assets: Commodity contracts — 0.1 — 0.1 Interest rate swap contracts — 2.3 — 2.3 Total non-current assets at fair value — 2.4 — 2.4 Total assets at fair value $ — $ 11.3 $ — $ 11.3 Current liabilities: Foreign currency exchange contracts $ — $ 1.3 $ — $ 1.3 Commodity contracts — 0.3 — 0.3 Total current liabilities at fair value — 1.6 — 1.6 Non-current liabilities: Commodity contracts — 0.3 — 0.3 Interest rate swap contracts — 29.7 — 29.7 Total non-current liabilities at fair value — 30.0 — 30.0 Total liabilities at fair value $ — $ 31.6 $ — $ 31.6 Fair Value as of December 31, 2017 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 1.1 $ — $ 1.1 Commodity contracts — 1.7 — 1.7 Interest rate swap contracts — 1.7 — 1.7 Total current assets at fair value — 4.5 — 4.5 Non-current assets: Commodity contracts — 0.6 — 0.6 Interest rate swap contracts — 2.3 — 2.3 Total non-current assets at fair value — 2.9 — 2.9 Total assets at fair value $ — $ 7.4 $ — $ 7.4 Current liabilities: Foreign currency exchange contracts $ — $ 1.1 $ — $ 1.1 Commodity contracts — 0.1 — 0.1 Total current liabilities at fair value — 1.2 — 1.2 Non-current liabilities: Interest rate swap contracts — 17.7 — 17.7 Total non-current liabilities at fair value — 17.7 — 17.7 Total liabilities at fair value $ — $ 18.9 $ — $ 18.9

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On December 22, 2017, the U.S. government enacted the Tax Cuts and Jobs Act (the "Tax Act"), and in accordance with applicable guidance, the Company recorded certain provisional estimates in the Company’s consolidated financial statements for the year ended December 31, 2017. The SEC staff issued Staff Accounting Bulletin ("SAB") No. 118, which provided accounting guidance for the tax effects of the items enacted in December 2017, providing a remeasurement period not extending beyond one year from the Tax Act enactment date. There was an increase of $2.6 million related to the Deemed Repatriation Transition Tax ("Transition Tax") for the three and nine months ended September 30, 2018 , related to the provisional estimates recorded in the Company’s consolidated financial statements for the year ended December 31, 2017 . There were no other changes in provisional adjustments for the reduction in the U.S. corporate income tax rate, cost recovery, valuation allowances or capital requirements. The provisional amounts, including the additional $2.6 million , are based upon applicable regulations and guidance issued as of September 30, 2018 and remain subject to ongoing review and adjustment following further analysis and issuance of additional guidance, if any, during the remainder of the measurement period. The Tax Act included new provisions, effective in 2018, designated as global intangible low-taxed income ("GILTI"), foreign derivative intangible income ("FDII"), interest disallowance and base erosion anti-abuse tax ("BEAT"), that were calculated, as relevant, for computation of the income tax provision for the three and nine months ended September 30, 2018 . For the three months ended September 30, 2018 , the Company recorded a $12.7 million income tax provision, reflecting a 32.2% effective tax rate, compared to a $14.3 million income tax provision for the three months ended September 30, 2017 , reflecting a 31.8% effective tax rate. The $1.6 million decrease in the Company's income tax provision for the three months ended September 30, 2018 , relative to the three months ended September 30, 2017 , was primarily attributable to a discrete benefit decrease related to the release of a valuation allowance partially offset by a $2.6 million increase of the provisional obligation for the Transition Tax. For the nine months ended September 30, 2018 , the Company recorded a $18.3 million income tax provision, reflecting a 26.3% effective tax rate, which included a $2.6 million increase for the Transition Tax provisional obligation and increased income taxes on foreign income. For the nine months ended September 30, 2017 , the Company recorded a $18.6 million income tax provision, reflecting a 22.0% effective tax rate, which was inclusive of a discrete tax benefit for release of the relevant valuation allowance totaling $8.2 million recorded against the deferred tax assets for certain entities in the United Kingdom. The Company’s effective tax rate for the three and nine months ended September 30, 2018 varies from the 21.0% U.S. federal statutory rate primarily due to the $2.6 million increase of the provisional obligation for the Transition Tax, discrete tax adjustments, relative weighting of foreign earnings before income taxes and taxes on foreign income. The Company’s effective tax rate for the three and nine months ended September 30, 2017 varies from the 35.0% U.S. federal statutory rate due to discrete tax adjustments, relative weighting of foreign earnings before income taxes and taxes on foreign income. Foreign earnings are generated from operations in the Company’s three reportable segments of Americas, EMEA and APAC. As of each reporting date, the Company’s management considers new evidence, both positive and negative, that could impact management’s view regarding future realization of deferred tax assets. 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 current operations through the Company’s income tax provision, and could have a material effect on operating results. The Company's unrecognized tax benefits ("UTB"), including interest and penalties, were $12.9 million and $12.5 million as of September 30, 2018 , and December 31, 2017 , respectively. The increase in UTB is primarily due to the recognition of additional unrecognized tax benefits resulting from the Crem Acquisition. During the next twelve months, it is reasonably possible that UTB will change in the range of $0.1 million to $0.5 million due to the expiration of the relevant statute of limitations and federal, state and foreign tax resolutions. The Company regularly assesses the likelihood of an adverse outcome resulting from examinations to determine the adequacy of its tax reserves. As of September 30, 2018 , 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.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The components of "Accumulated other comprehensive loss" as of September 30, 2018 and December 31, 2017 are as follows: (in millions) September 30, 2018 December 31, 2017 Foreign currency translation, net of income tax benefit of $2.4 million and $2.8 million at September 30, 2018 and December 31, 2017, respectively $ 0.4 $ 4.4 Derivative instrument fair market value, net of income tax expense of $1.8 million at September 30, 2018 and at December 31, 2017 4.7 3.6 Employee pension and postretirement benefit adjustments, net of income tax benefit of $6.2 million and $6.5 million at September 30, 2018 and December 31, 2017, respectively (38.5 ) (40.0 ) $ (33.4 ) $ (32.0 ) A summary of the changes in "Accumulated other comprehensive loss," net of tax, by component for the three and nine months ended September 30, 2018 and 2017 are as follows: (in millions) Foreign Currency Translation (1) Gains and Losses on Cash Flow Hedges Pension & Postretirement Total Balance at December 31, 2017 $ 4.4 $ 3.6 $ (40.0 ) $ (32.0 ) Other comprehensive (loss) income before reclassifications (0.5 ) 3.4 — 2.9 Amounts reclassified out — (1.0 ) 0.6 (0.4 ) Tax effect 0.5 (0.4 ) (0.1 ) — Net current period other comprehensive (loss) income — 2.0 0.5 2.5 Balance at March 31, 2018 4.4 5.6 (39.5 ) (29.5 ) Other comprehensive loss before reclassifications (6.8 ) (0.9 ) — (7.7 ) Amounts reclassified out — (0.7 ) 0.6 (0.1 ) Tax effect (0.8 ) 0.4 (0.1 ) (0.5 ) Net current period other comprehensive (loss) income (7.6 ) (1.2 ) 0.5 (8.3 ) Balance at June 30, 2018 (3.2 ) 4.4 (39.0 ) (37.8 ) Other comprehensive income before reclassifications 3.7 0.6 — 4.3 Amounts reclassified out — (0.3 ) 0.6 0.3 Tax effect (0.1 ) — (0.1 ) (0.2 ) Net current period other comprehensive income 3.6 0.3 0.5 4.4 Balance at September 30, 2018 $ 0.4 $ 4.7 $ (38.5 ) $ (33.4 ) (1) Income taxes are not provided for foreign currency translation relating to indefinite investments in international subsidiaries, but tax effects within cumulative translation does include the impact of the net investment hedge transaction. Reclassification adjustments are made to avoid double counting in comprehensive income items that are also recorded as part of net income. (in millions) Foreign Currency Translation (1) 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 3.2 (0.5 ) — 2.7 Amounts reclassified out — (0.4 ) 0.5 0.1 Tax effect 0.2 0.3 (0.1 ) 0.4 Net current period other comprehensive income (loss) 3.4 (0.6 ) 0.4 3.2 Balance at March 31, 2017 (6.4 ) 0.2 (34.0 ) (40.2 ) Other comprehensive income before reclassifications 1.5 2.0 — 3.5 Amounts reclassified out — (0.7 ) 0.5 (0.2 ) Tax effect 1.3 (0.6 ) (0.1 ) 0.6 Net current period other comprehensive income 2.8 0.7 0.4 3.9 Balance at June 30, 2017 (3.6 ) 0.9 (33.6 ) (36.3 ) Other comprehensive income (loss) before reclassifications 5.2 3.5 — 8.7 Amounts reclassified out — (2.0 ) 0.5 (1.5 ) Tax effect 0.8 (0.7 ) (0.2 ) (0.1 ) Net current period other comprehensive income 6.0 0.8 0.3 7.1 Balance at September 30, 2017 $ 2.4 $ 1.7 $ (33.3 ) $ (29.2 ) (1) Income taxes are not provided for foreign currency translation relating to indefinite investments in international subsidiaries, but tax effects within cumulative translation does include the impact of the net investment hedge transaction. Reclassification adjustments are made to avoid double counting in comprehensive income items that are also recorded as part of net income. A reconciliation of the reclassifications out of "Accumulated other comprehensive loss," net of tax, for the three months ended September 30, 2018 and 2017 : Three Months Ended September 30, (in millions) 2018 2017 Recognized Location Gains (losses) on cash flow hedges: Foreign currency exchange contracts $ (0.4 ) $ 1.6 Cost of sales Commodity contracts 0.7 0.4 Cost of sales 0.3 2.0 Total before tax — (0.8 ) Income taxes $ 0.3 $ 1.2 Net of tax Amortization of pension and postretirement items: Actuarial losses $ (0.6 ) $ (0.5 ) See Note 16 (0.6 ) (0.5 ) Total before tax 0.1 0.2 Income taxes $ (0.5 ) $ (0.3 ) Net of tax Total reclassifications for the period $ (0.2 ) $ 0.9 Net of tax A reconciliation of the reclassifications out of "Accumulated other comprehensive loss," net of tax, for the nine months ended September 30, 2018 and 2017 : Nine Months Ended September 30, (in millions) 2018 2017 Recognized Location Gains (losses) on cash flow hedges: Foreign currency exchange contracts $ — $ 2.3 Cost of sales Commodity contracts 2.0 0.8 Cost of sales 2.0 3.1 Total before tax (0.4 ) (1.2 ) Income taxes $ 1.6 $ 1.9 Net of tax Amortization of pension and postretirement items: Actuarial losses $ (1.8 ) $ (1.5 ) See Note 16 (1.8 ) (1.5 ) Total before tax 0.3 0.4 Income taxes $ (1.5 ) $ (1.1 ) Net of tax Total reclassifications for the period $ 0.1 $ 0.8 Net of tax

Contingencies and Significant E

Contingencies and Significant Estimates	9 Months Ended
	Sep. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies and Significant Estimates	Contingencies and Significant Estimates As of September 30, 2018 and December 31, 2017 , the Company held reserves for environmental matters related to certain locations of approximately $0.7 million and $0.8 million respectively. 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 operations or cash flows individually or in the aggregate. The Company believes that it has obtained and is in substantial compliance with those material environmental permits and approvals necessary to conduct its various businesses. Based on the facts presently known, the Company does not expect environmental compliance costs to have a material adverse effect on its financial condition, results of operations or cash flows. As of September 30, 2018 , various product-related lawsuits were pending. For products sold outside of the United States and Canada, the Company is insured by a third-party insurance company. For products sold in the United States and Canada, the Company is insured, to the extent permitted under applicable law, with self-insurance retention levels. The Company's self-insurance retention levels vary by business and fluctuate with the Company's risk management practices. In the United States, the current range of the Company's self-insured retention levels is $0.1 million to $0.3 million per occurrence and $1.3 million in the aggregate for each of the cold and hot category products. As of September 30, 2018 , 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. In Canada, the Company's self-insured retention level is $0.1 million per occurrence. Product liability reserves are included in "Accrued expenses and other liabilities" in the consolidated balance sheets at September 30, 2018 and December 31, 2017 and were $1.4 million for each period end; $0.5 million and $0.4 million were reserved specifically for actual cases, and $0.9 million and $1.0 million , respectively, for claims incurred but not reported, which were estimated using actuarial methods. Based on the Company's experience in defending product liability claims, management believes the current reserves are adequate for estimated case resolutions on aggregate self-insured claims and insured claims. Any recoveries from insurance carriers are dependent upon the legal sufficiency of claims and solvency of insurance carriers. At September 30, 2018 and December 31, 2017 , the Company had reserved $27.7 million and $24.1 million , respectively, for warranty claims expected to be paid out within a year or less, which are included in "Product warranties" in the consolidated balance sheets. At September 30, 2018 and December 31, 2017 , the Company had reserved $11.8 million and $11.9 million , respectively, for warranty claims expected to be paid out after a year, which are included in "Other long-term liabilities" in the consolidated balance sheets. Certain of these warranty and other related claims involve matters in dispute that ultimately are resolved by negotiations, arbitration or litigation. See Note 14, “Product Warranties,” for further information. It is reasonably possible that the estimates for environmental remediation, product liability and product warranty costs may change based upon new information that may arise or matters that are beyond the scope of the Company's 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. In the opinion of management, the ultimate resolution of all current 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	9 Months Ended
	Sep. 30, 2018
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 warranty activity for the nine months ended September 30, 2018 : (in millions) Balance at December 31, 2017 (1) $ 36.0 Accruals for warranties issued 30.3 Settlements made (in cash or in kind) (26.4 ) Currency translation impact (0.4 ) Balance at September 30, 2018 (1) $ 39.5 (1) Long-term warranty liabilities are included in "Other long-term liabilities" and totaled $11.8 million and $11.9 million at September 30, 2018 and December 31, 2017 , respectively. The Company also sells extended warranties, which are recorded as deferred revenue and are amortized to "Net sales" on a straight-line basis over a period equal to that of the warranty period. The short-term portion of deferred revenue on extended warranties included in "Accrued expenses and other liabilities" in the consolidated balance sheets at September 30, 2018 and December 31, 2017 was $2.4 million and $3.1 million , respectively. The long-term portion of deferred revenue on warranties included in "Other long-term liabilities" in the consolidated balance sheets at September 30, 2018 and December 31, 2017 was $3.8 million and $3.6 million , respectively.

Restructuring

Restructuring	9 Months Ended
	Sep. 30, 2018
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring The Company periodically takes action to improve operating efficiencies, typically in connection with recognizing cost synergies and rationalizing the cost structure of the Company. The Company's footprint and headcount reductions and organizational integration actions relate to discrete, unique restructuring events, primarily reflected in approved plans for reductions in force ("RIF"). The following is a rollforward of all restructuring activities for the nine months ended September 30, 2018 : (in millions) Balance at December 31, 2017 $ 16.1 Restructuring charges 5.7 Use of reserve (7.1 ) Non-cash adjustment (1) (0.3 ) Balance at September 30, 2018 $ 14.4 (1) This non-cash adjustment represents the non-cash stock-based compensation expense recognized during the three and nine months ended September 30, 2018 resulting from the accelerated vesting of certain stock awards in connection with the RIF executed in the third quarter of 2018. As of September 30, 2018 and December 31, 2017 , the short-term portion of the liability of $4.0 million and $5.0 million , respectively, was reflected in "Accrued expenses and other liabilities" in the consolidated balance sheets. The long-term portion of the liability of $10.4 million and $11.1 million as of September 30, 2018 and December 31, 2017 , respectively, was reflected in "Other long-term liabilities" in the consolidated balance sheets and relates 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. 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 stock-based compensation expense resulting from the accelerated vesting of certain restricted stock units and stock options, that was recorded during the first quarter of 2017 in "Restructuring expense" in the consolidated statement 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 five annual installments. Effective May 5, 2017, John Stewart, the Company's Senior Vice President and Chief Financial Officer, retired from the Company. Pursuant to the terms of his employment agreement, the Company is required to provide severance and other related benefits over the subsequent 12 -month period. The Company incurred a total one-time cost of $2.5 million , including $1.5 million of additional stock-based compensation resulting from the accelerated vesting of certain restricted stock units and stock options. Of this amount, $1.5 million and $1.0 million were recognized during the first and second quarters of 2017, respectively, in "Restructuring expense" in the consolidated statement of operations. The Company completed a limited management restructuring within its EMEA region in March 2018. In connection with this action, the Company incurred severance and related costs of $0.5 million , of which $0.4 million was recognized during the first quarter of 2018 and $0.1 million was in the third quarter of 2018 in "Restructuring expense" in the consolidated statement of operations. During the second quarter of 2018, the Company completed a RIF in its EMEA and APAC regions as a part of its continued efforts to optimize and enhance operational efficiency. As a result, the Company incurred severance and related costs of $1.4 million , which were recognized during the second quarter of 2018 in "Restructuring expense" in the consolidated statement of operations. Effective August 31, 2018, Hubertus M. Mühlhäuser, the Company’s President and Chief Executive Officer (“CEO”), separated from the Company. In connection with the CEO's separation, the Company incurred termination charges of $0.8 million which were recorded during the third quarter of 2018 in "Restructuring expense" in the consolidated statement of operations. Additionally, approximately $3.7 million of expenses were reversed in the three months ended September 30, 2018 from the forfeiture of unvested stock awards and accrued incentive compensation which were included in "Selling, general and administrative expenses" in the consolidated statement of operations. During the third quarter of 2018, the Company completed a RIF in its Americas region and a limited management restructuring within its Corporate division. These actions resulted in the Company incurring severance and related costs of $3.1 million including $0.4 million of additional share-based compensation resulting from the accelerated vesting of certain stock compensation awards. Of the total $3.1 million , $2.7 million was recognized during the three months ended September 30, 2018 in "Restructuring expense" and the remaining $0.4 million will be recognized in the fourth quarter of 2018.

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2018
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans The components of periodic benefit costs for the defined benefit plans for the three and nine months ended September 30, 2018 and 2017 were as follows: Three Months Ended September 30, 2018 2017 (in millions) Pension Plans Postretirement Pension Plans Postretirement Interest cost of projected benefit obligations $ 1.4 $ — $ 1.3 $ 0.1 Expected return on assets (1.5 ) — (1.5 ) — Amortization of actuarial net loss 0.5 0.1 0.5 — Net periodic benefit cost $ 0.4 $ 0.1 $ 0.3 $ 0.1 Nine Months Ended September 30, 2018 2017 (in millions) Pension Plans Postretirement Pension Plans Postretirement Interest cost of projected benefit obligations $ 4.0 $ 0.2 $ 3.9 $ 0.2 Expected return on assets (4.3 ) — (4.5 ) — Amortization of actuarial net loss 1.6 0.2 1.5 — Net periodic benefit cost $ 1.3 $ 0.4 $ 0.9 $ 0.2 The components of periodic benefit costs are recorded in "Other expense — net" in the consolidated statements of operations.

Business Segments

Business Segments	9 Months Ended
	Sep. 30, 2018
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 corporate overhead, stock-based compensation expense, amortization expense of intangible assets with definite lives, separation expense, restructuring expense and other non-operating expenses. The Company evaluates segment performance based upon earnings before interest, taxes, other expense — net, depreciation and amortization expense and adjusts for certain other items that are not reflective of the Company's core operating performance, including gain or loss from impairment or disposal of assets, restructuring expense, separation expense, loss on early extinguishment of debt and acquisition-related transaction and integration costs ("Adjusted Operating EBITDA"). Adjusted Operating EBITDA is a non-GAAP measure, and the Company's presentation of Adjusted Operating EBITDA may not be comparable to similar measures used by other companies. Financial information relating to the Company's reportable segments for the three and nine months ended September 30, 2018 and 2017 respectively is as follows: Three Months Ended September 30, Nine Months Ended September 30, (in millions, except percentage data) 2018 2017 2018 2017 Net sales: Americas $ 322.8 $ 302.2 $ 931.2 $ 875.8 EMEA 98.5 80.3 278.8 224.2 APAC 60.7 51.8 161.9 138.4 Elimination of intersegment sales (69.1 ) (53.9 ) (187.9 ) (158.9 ) Total net sales $ 412.9 $ 380.4 $ 1,184.0 $ 1,079.5 Segment Adjusted Operating EBITDA: Americas $ 69.0 $ 66.3 $ 178.1 $ 172.2 EMEA 16.3 17.4 52.8 45.0 APAC 8.4 7.6 21.4 19.3 Total Segment Adjusted Operating EBITDA 93.7 91.3 252.3 236.5 Corporate and unallocated (7.0 ) (9.4 ) (34.8 ) (34.7 ) Amortization expense (9.9 ) (7.9 ) (27.2 ) (23.4 ) Depreciation expense (4.5 ) (4.1 ) (13.2 ) (12.1 ) Transaction costs (1) (0.8 ) — (6.7 ) — Separation expense — (0.3 ) (0.1 ) (1.5 ) Restructuring expense (3.9 ) (2.8 ) (5.7 ) (8.5 ) Gain from impairment or disposal of assets — net 0.1 3.9 0.3 4.1 Earnings from operations 67.7 70.7 164.9 160.4 Interest expense (23.3 ) (21.7 ) (66.7 ) (65.9 ) Loss on early extinguishment of debt — (1.0 ) — (1.7 ) Other expense — net (4.9 ) (3.0 ) (28.7 ) (8.2 ) Earnings before income taxes $ 39.5 $ 45.0 $ 69.5 $ 84.6 (1) Transaction costs include costs related to inventory fair value purchase accounting adjustments recorded in "Cost of sales" and professional services and other direct acquisition and integration costs recorded in "Selling, general and administrative expenses." Adjusted Operating EBITDA % by segment (2) : Americas 21.4 % 21.9 % 19.1 % 19.7 % EMEA 16.5 % 21.7 % 18.9 % 20.1 % APAC 13.8 % 14.7 % 13.2 % 13.9 % (2) Adjusted Operating EBITDA % in the section above is calculated by dividing Adjusted Operating EBITDA by net sales for each respective segment. Net sales by geographic area (3) : United States $ 260.2 $ 248.9 $ 753.3 $ 710.3 Other Americas 28.5 23.1 85.3 70.9 EMEA 77.8 62.6 218.5 179.2 APAC 46.4 45.8 126.9 119.1 Total net sales by geographic area $ 412.9 $ 380.4 $ 1,184.0 $ 1,079.5 (3) Net sales in the section above are attributed to geographic regions based on location of customer. As of September 30, 2018 and December 31, 2017 , total assets by reportable segment are as follows: (in millions) September 30, 2018 December 31, 2017 Total assets by segment: Americas $ 1,454.6 $ 1,445.6 EMEA 333.9 112.1 APAC 162.1 128.7 Corporate 138.3 154.0 Total assets $ 2,088.9 $ 1,840.4

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company computes basic earnings per share based on the weighted average number of common shares that were outstanding during the period. Diluted earnings per share includes the dilutive effect of common stock equivalents consisting of stock options, restricted stock awards, restricted stock units and performance share units, using the treasury stock method. Performance share units, which are considered contingently issuable, are considered dilutive when the related performance criterion has been met. The following is a reconciliation of the weighted average shares outstanding used to compute basic and diluted earnings per share. Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Weighted average shares outstanding — Basic 140,154,735 139,162,556 139,955,166 138,978,203 Effect of dilutive securities: Stock options 664,314 888,095 670,407 849,018 Unvested restricted stock 290,228 540,122 436,805 594,470 Unvested performance share units 239,908 294,253 219,690 197,696 Effect of dilutive securities 1,194,450 1,722,470 1,326,902 1,641,184 Weighted average shares outstanding — Diluted 141,349,185 140,885,026 141,282,068 140,619,387 Dilutive securities outstanding, not included in the computation of earnings per share because their effect was antidilutive was 0.6 million for the three and nine months ended September 30, 2018, respectively, and 0.8 million for the three and nine months ended September 30, 2017, respectively. In addition, certain performance share units whose conditions were not met at the end of the reporting period have also been excluded from the computation of earnings per share.

Restatement and Revision of Pre

Restatement and Revision of Previously Issued Consolidated Financial Statements	9 Months Ended
	Sep. 30, 2018
Accounting Changes and Error Corrections [Abstract]
Restatement and Revision of Previously Issued Consolidated Financial Statements	Revision of Previously Issued Consolidated Financial Statements During the third quarter of 2018, the Company identified errors in previously issued financial statements related to the tax basis of a foreign subsidiary and incorrect tax amortization of the intangible assets held by the same entity. These errors impacted the tax determinations of certain intercompany distributions between foreign subsidiaries, thereby resulting in an understatement of U.S. tax liabilities. In addition, the Company discovered certain intercompany transactions were not recorded on a timely basis. While these intercompany transactions had no impact on the Company’s consolidated earnings before income taxes, they did result in an incorrect recognition of income tax expense or benefit recognized in each applicable jurisdiction, thereby resulting in an understatement of U.S. tax liabilities. As a result of these errors, on November 19, 2018 , the Company filed the FY2017 Form 10-K/A for the fiscal year ended December 31, 2017 to restate its consolidated financial statements as of and for the year ended December 31, 2016 and revise its 2017 and 2015 financial statements, in each case, to reflect the correction of these errors. In addition, certain other adjustments, previously determined to be immaterial, individually and in the aggregate, were also corrected for in the restatement and revisions. To reflect the correction of the above errors, the Company is revising the previously issued unaudited consolidated financial statements for the three and nine months ended September 30, 2017 in this Form 10-Q. The Company is also disclosing the impact of the revisions on the previously filed unaudited consolidated financial statements for the three months ended March 31, 2017 and the three and six months ended June 30, 2017. Additionally, the Company is disclosing the impact of the revisions on the previously unaudited consolidated financial statements for the three months ended March 31, 2018 and three and six months ended June 30, 2018. Unaudited financial statements for the three months ended March 31, 2018 and three and six months June 30, 2018 will be revised in connection with the future filing of the Company's Form 10-Q for the three months ended March 31, 2019 and the three and six months ended June 30, 2019. In addition to the errors referred to above, there were certain other prior period errors, including but not limited to the following: • $2.7 million understatement of the loss incurred on debt repayments made in 2016, which was initially identified and corrected for as an out-of-period correction in 2017; • In 2016, subsequent to the initial accounting for the spin-off from the Company's former parent, the Company incorrectly reduced the carrying value of deferred tax liabilities through a credit to retained earnings of $7.2 million . In 2017, the Company adjusted for this error through an out-of-period adjustment to additional paid-in capital, which then resulted in a misclassification between cumulative retained earnings and additional paid-in capital; • Cash flows misclassification of $4.0 million related to withholding taxes associated with stock-based compensation has been revised as cash flows from financing activities instead of operating activities in the unaudited consolidated statement of cash flows for the nine months ended September 30, 2017; and • $3.6 million and $4.5 million understatement of foreign currency translation adjustments in the three months ended March 31, 2017 and the six months ended June 30, 2017, respectively, related to the accounting for an interest rate swap contract, which was originally identified and corrected for as an out-of-period adjustment in the three months ended September 30, 2017. The following tables set forth the effect these error corrections had on the Company’s unaudited consolidated statements of operations by financial statement line item. Three Months Ended March 31, 2017 (in millions, except per share data) As Reported Adjustment As Revised Loss on early extinguishment of debt $ 3.2 $ (2.7 ) $ 0.5 Other expense — net 1.8 0.1 1.9 Earnings before income taxes 7.1 2.6 9.7 Income taxes 2.1 0.7 2.8 Net earnings 5.0 1.9 6.9 Per share data Earnings per share — Basic $ 0.04 $ 0.01 $ 0.05 Earnings per share — Diluted $ 0.04 $ 0.01 $ 0.05 Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 (in millions, except per share data) As Reported Adjustment As Revised As Reported Adjustment As Revised Loss on early extinguishment of debt $ 0.2 $ — $ 0.2 $ 3.4 $ (2.7 ) $ 0.7 Other expense — net 3.3 — 3.3 5.1 0.1 5.2 Earnings before income taxes 29.9 — 29.9 37.0 2.6 39.6 Income taxes (0.2 ) 1.7 1.5 1.9 2.4 4.3 Net earnings 30.1 (1.7 ) 28.4 35.1 0.2 35.3 Per share data Earnings per share — Basic $ 0.22 $ (0.02 ) $ 0.20 $ 0.25 $ — $ 0.25 Earnings per share — Diluted $ 0.21 $ (0.01 ) $ 0.20 $ 0.25 $ — $ 0.25 Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (in millions, except per share data) As Reported Effect of Accounting Adoption (1) Adjustment As Revised As Reported Effect of Accounting Adoption (1) Adjustment As Revised Selling, general and administrative expenses (1) $ 66.5 $ (0.4 ) $ — $ 66.1 $ 215.5 $ (1.1 ) $ — $ 214.4 Loss on early extinguishment of debt 1.0 — — 1.0 4.4 — (2.7 ) 1.7 Other expense — net (1) 2.6 0.4 — 3.0 7.0 1.1 0.1 8.2 Earnings before income taxes 45.0 — — 45.0 82.0 — 2.6 84.6 Income taxes 11.9 — 2.4 14.3 13.8 — 4.8 18.6 Net earnings 33.1 — (2.4 ) 30.7 68.2 — (2.2 ) 66.0 Per share data Earnings per share — Basic $ 0.24 $ — $ (0.02 ) $ 0.22 $ 0.49 $ — $ (0.02 ) $ 0.47 Earnings per share — Diluted $ 0.24 $ — $ (0.02 ) $ 0.22 $ 0.49 $ — $ (0.02 ) $ 0.47 (1) Effect of accounting adoption relates to periodic pension costs that have been reclassified from "Selling, general and administrative expenses" to "Other expense — net" in accordance with the adoption of accounting guidance in ASU 2017-07. Three Months Ended December 31, 2017 Year Ended December 31, 2017 (in millions, except per share data) As Reported Effect of Accounting Adoption (1) Adjustment As Revised As Reported Effect of Accounting Adoption (1) Adjustment As Revised Selling, general and administrative expenses (1) $ 62.7 (0.4 ) $ — $ 62.3 $ 278.2 $ (1.5 ) $ — $ 276.7 Loss on early extinguishment of debt — — — — 4.4 — (2.7 ) 1.7 Other expense — net (1) 2.0 0.4 — 2.4 9.0 1.5 0.1 10.6 Earnings before income taxes 36.8 — — 36.8 118.8 — 2.6 121.4 Income taxes (29.0 ) — (1.1 ) (30.1 ) (15.2 ) — 3.7 (11.5 ) Net earnings 65.8 — 1.1 66.9 134.0 — (1.1 ) 132.9 Per share data Earnings per share — Basic $ 0.47 $ — $ 0.01 $ 0.48 $ 0.96 $ — $ — $ 0.96 Earnings per share — Diluted $ 0.47 $ — $ — $ 0.47 $ 0.95 $ — $ (0.01 ) $ 0.94 (1) Effect of accounting adoption relates to periodic pension costs that have been reclassified from "Selling, general and administrative expenses" to "Other expense — net" in accordance with the adoption of accounting guidance in ASU 2017-07. Three Months Ended March 31, 2018 (in millions) As Reported Adjustment As Revised Income taxes $ 0.3 $ 0.1 $ 0.4 Net earnings 12.5 (0.1 ) 12.4 Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in millions, except per share data) As Reported Adjustment As Revised As Reported Adjustment As Revised Income taxes $ 5.1 $ 0.1 $ 5.2 $ 5.4 $ 0.2 $ 5.6 Net earnings 12.1 (0.1 ) 12.0 24.6 (0.2 ) 24.4 Per share data Earnings per share — Basic $ 0.09 $ — $ 0.09 $ 0.18 $ (0.01 ) $ 0.17 Earnings per share — Diluted $ 0.09 $ — $ 0.09 $ 0.17 $ — $ 0.17 The following tables summarize the effects these corrections had on the Company's unaudited consolidated statements of comprehensive income by financial statement line item: Three Months Ended March 31, 2017 (in millions) As Reported Adjustment As Revised Net earnings $ 5.0 $ 1.9 $ 6.9 Foreign currency translation adjustments 7.0 (3.6 ) 3.4 Total other comprehensive income, net of tax 6.8 (3.6 ) 3.2 Comprehensive income 11.8 (1.7 ) 10.1 Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net earnings $ 30.1 $ (1.7 ) $ 28.4 $ 35.1 $ 0.2 $ 35.3 Foreign currency translation adjustments 3.7 (0.9 ) 2.8 10.7 (4.5 ) 6.2 Total other comprehensive (loss) income, net of tax 4.8 (0.9 ) 3.9 11.6 (4.5 ) 7.1 Comprehensive income 34.9 (2.6 ) 32.3 46.7 (4.3 ) 42.4 Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net earnings $ 33.1 $ (2.4 ) $ 30.7 $ 68.2 $ (2.2 ) $ 66.0 Foreign currency translation adjustments 1.4 4.6 6.0 12.1 0.1 12.2 Total other comprehensive income, net of tax 2.5 4.6 7.1 14.1 0.1 14.2 Comprehensive income 35.6 2.2 37.8 82.3 (2.1 ) 80.2 Three Months Ended March 31, 2018 (in millions) As Reported Adjustment As Revised Net earnings $ 12.5 $ (0.1 ) $ 12.4 Foreign currency translation adjustments 0.1 (0.1 ) — Total other comprehensive income, net of tax 2.6 (0.1 ) 2.5 Comprehensive income 15.1 (0.2 ) 14.9 Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net earnings $ 12.1 $ (0.1 ) $ 12.0 $ 24.6 $ (0.2 ) $ 24.4 Foreign currency translation adjustments (7.6 ) — (7.6 ) (7.5 ) (0.1 ) (7.6 ) Total other comprehensive loss, net of tax (8.3 ) — (8.3 ) (5.7 ) (0.1 ) (5.8 ) Comprehensive income 3.8 (0.1 ) 3.7 18.9 (0.3 ) 18.6 The following tables summarize the effects these corrections had on the Company's unaudited consolidated balance sheets by financial statement line item: March 31, 2017 (in millions) As Reported Adjustment As Revised Prepaids and other current assets $ 25.8 $ (0.1 ) $ 25.7 Total current assets 379.6 (0.1 ) 379.5 Other non-current assets 26.3 (1.8 ) 24.5 Total assets 1,837.1 (1.9 ) 1,835.2 Accrued expenses and other liabilities 137.7 3.9 141.6 Total current liabilities 284.8 3.9 288.7 Deferred income taxes 136.3 7.1 143.4 Other long-term liabilities 43.0 1.8 44.8 Total non-current liabilities 1,578.6 8.9 1,587.5 Additional paid-in capital (deficit) (66.6 ) 1.3 (65.3 ) Retained earnings 75.5 (12.4 ) 63.1 Accumulated other comprehensive income (loss) (36.6 ) (3.6 ) (40.2 ) Total equity (deficit) (26.3 ) (14.7 ) (41.0 ) Total liabilities and equity 1,837.1 (1.9 ) 1,835.2 June 30, 2017 (in millions) As Reported Adjustment As Revised Other non-current assets $ 35.5 $ 0.1 $ 35.6 Total assets 1,867.7 0.1 1,867.8 Accounts payable 120.1 1.5 121.6 Accrued expenses and other liabilities 159.9 4.0 163.9 Total current liabilities 308.9 5.5 314.4 Deferred income taxes 136.3 7.2 143.5 Other long-term liabilities 38.7 4.6 43.3 Total non-current liabilities 1,547.5 11.8 1,559.3 Additional paid-in capital (deficit) (63.9 ) 1.4 (62.5 ) Retained earnings 105.6 (14.1 ) 91.5 Accumulated other comprehensive income (loss) (31.8 ) (4.5 ) (36.3 ) Total equity (deficit) 11.3 (17.2 ) (5.9 ) Total liabilities and equity 1,867.7 0.1 1,867.8 September 30, 2017 (in millions) As Reported Adjustment As Revised Accrued expenses and other liabilities $ 162.9 $ 7.8 $ 170.7 Total current liabilities 299.5 7.8 307.3 Additional paid-in capital (deficit) (66.8 ) 8.6 (58.2 ) Retained earnings 138.7 (16.5 ) 122.2 Accumulated other comprehensive income (loss) (29.3 ) 0.1 (29.2 ) Total equity 44.0 (7.8 ) 36.2 March 31, 2018 (in millions) As Reported Adjustment As Revised Accrued expenses and other liabilities $ 138.2 $ 8.0 $ 146.2 Total current liabilities 278.0 8.0 286.0 Deferred income taxes 91.7 (1.0 ) 90.7 Total non-current liabilities 1,488.5 (1.0 ) 1,487.5 Additional paid-in capital (deficit) (57.6 ) 8.6 (49.0 ) Retained earnings 218.1 (15.5 ) 202.6 Accumulated other comprehensive loss (29.4 ) (0.1 ) (29.5 ) Total equity 132.3 (7.0 ) 125.3 June 30, 2018 (in millions) As Reported Adjustment As Revised Accrued expenses and other liabilities $ 139.6 $ 8.2 $ 147.8 Total current liabilities 322.8 8.2 331.0 Deferred income taxes 120.7 (1.1 ) 119.6 Total non-current liabilities 1,647.7 (1.1 ) 1,646.6 Additional paid-in capital (deficit) (52.9 ) 8.6 (44.3 ) Retained earnings 230.2 (15.6 ) 214.6 Accumulated other comprehensive loss (37.7 ) (0.1 ) (37.8 ) Total equity 140.8 (7.1 ) 133.7 The following tables summarize the effects these corrections had on the Company's unaudited consolidated statements of cash flows by financial statement line item: Three Months Ended March 31, 2017 (in millions) As Reported Adjustment As Revised Net earnings $ 5.0 $ 1.9 $ 6.9 Amortization of debt issuance costs 1.3 0.1 1.4 Loss on early extinguishment of debt 3.2 (2.7 ) 0.5 Other current and long-term liabilities (46.9 ) 0.7 (46.2 ) Net cash used in operating activities (164.4 ) — (164.4 ) Six Months Ended June 30, 2017 (in millions) As Reported Adjustment As Revised Net earnings $ 35.1 $ 0.2 $ 35.3 Amortization of debt issuance costs 2.6 0.1 2.7 Loss on early extinguishment of debt 3.4 (2.7 ) 0.7 Other current and long-term liabilities (23.1 ) 2.4 (20.7 ) Net cash used in operating activities (254.0 ) — (254.0 ) Nine Months Ended September 30, 2017 (in millions) As Reported Effect of Accounting Adoption (1)(2)(3) Adjustment As Revised Net earnings $ 68.2 $ — $ (2.2 ) $ 66.0 Amortization of debt issuance costs 4.0 — 0.1 4.1 Loss on early extinguishment of debt 4.4 — (2.7 ) 1.7 Accounts receivable (1)(3) 9.1 (404.5 ) — (395.4 ) Other current and long-term liabilities (21.2 ) — 8.8 (12.4 ) Net cash provided by (used in) operating activities (1)(3) 65.8 (404.5 ) 4.0 (334.7 ) Cash receipts on beneficial interest in sold receivables (1) — 404.6 — 404.6 Change in restricted cash (2) 6.3 (6.3 ) — — Net cash provided by investing activities (1)(2) 4.5 398.3 — 402.8 Payments on tax withholdings for equity awards — — (4.0 ) (4.0 ) Net cash provided by financing activities 11.3 — (4.0 ) 7.3 Net increase in cash and cash equivalents and restricted cash (1)(2) 74.6 (6.2 ) — 68.4 Balance at beginning of period (2) 53.8 6.4 — 60.2 Balance at end of period (2) 128.4 0.2 — 128.6 (1) As a result of the adoption of ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," the Company reclassified consideration received for the beneficial interest obtained for transferring trade receivables in securitization transactions from operating activities to investing activities on the consolidated statements of cash flows for the nine months ended September 30, 2017 . (2) As a result of the adoption of ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," beginning and ending cash and cash equivalents shown on the consolidated statements of cash flows for the nine months ended September 30, 2017 were increased for restricted cash and cash flows provided by investing activities were reduced. (3) Amounts included in the Effect of Accounting Adoption presentation for this line item reflect a rounding adjustment. Three Months Ended March 31, 2018 (in millions) As Reported Adjustment As Revised Net earnings $ 12.5 $ (0.1 ) $ 12.4 Other long-term liabilities (30.1 ) 0.1 (30.0 ) Net cash used in operating activities (153.5 ) — (153.5 ) Six Months Ended June 30, 2018 (in millions) As Reported Adjustment As Revised Net earnings $ 24.6 $ (0.2 ) $ 24.4 Other current and long-term liabilities (27.2 ) 0.2 (27.0 ) Net cash used in operating activities (288.0 ) — (288.0 ) The following tables summarize the effects these corrections had on the Company's unaudited consolidated statements of equity by financial statement line item: (in millions) As Reported Adjustment As Revised Balance at December 31, 2017 Additional Paid-In Capital (Deficit) $ (63.3 ) $ 8.6 $ (54.7 ) Retained Earnings 204.5 (15.4 ) 189.1 Total Equity (Deficit) 110.4 (6.8 ) 103.6 Net earnings 12.5 (0.1 ) 12.4 Other comprehensive income 2.6 (0.1 ) 2.5 Balance at March 31, 2018 132.3 (7.0 ) 125.3 (in millions) As Reported Adjustment As Revised Balance at March 31, 2018 Additional Paid-In Capital (Deficit) $ (57.6 ) $ 8.6 $ (49.0 ) Retained Earnings 218.1 (15.5 ) 202.6 Accumulated Other Comprehensive Loss (29.4 ) (0.1 ) (29.5 ) Total Equity 132.3 (7.0 ) 125.3 Net earnings 12.1 (0.1 ) 12.0 Balance at June 30, 2018 140.8 (7.1 ) 133.7 (in millions) As Reported Adjustment As Revised Balance at June 30, 2018 Additional Paid-In Capital (Deficit) $ (52.9 ) $ 8.6 $ (44.3 ) Retained Earnings 230.2 (15.6 ) 214.6 Accumulated Other Comprehensive Loss (37.7 ) (0.1 ) (37.8 ) (in millions) As Reported Adjustment As Revised Balance at December 31, 2016 Additional Paid-In Capital (Deficit) $ (72.0 ) $ 1.4 $ (70.6 ) Retained Earnings 70.5 (14.3 ) 56.2 Total Equity (Deficit) (43.5 ) (12.9 ) (56.4 ) Net earnings 5.0 1.9 6.9 Other comprehensive income 6.8 (3.6 ) 3.2 Balance at March 31, 2017 (26.3 ) (14.7 ) (41.0 ) (in millions) As Reported Adjustment As Revised Balance at March 31, 2017 Additional Paid-In Capital (Deficit) $ (66.6 ) $ 1.3 $ (65.3 ) Retained Earnings 75.5 (12.4 ) 63.1 Accumulated Other Comprehensive Loss (36.6 ) (3.6 ) (40.2 ) Total Equity (Deficit) (26.3 ) (14.7 ) (41.0 ) Net earnings 30.1 (1.7 ) 28.4 Other comprehensive income 4.8 (0.9 ) 3.9 Balance at June 30, 2017 11.3 (17.2 ) (5.9 ) (in millions) As Reported Adjustment As Revised Balance at June 30, 2017 Additional Paid-In Capital (Deficit) $ (63.9 ) $ 1.4 $ (62.5 ) Retained Earnings 105.6 (14.1 ) 91.5 Accumulated Other Comprehensive Loss (31.8 ) (4.5 ) (36.3 ) Total Equity (Deficit) 11.3 (17.2 ) (5.9 ) Net earnings 33.1 (2.4 ) 30.7 Other comprehensive income 2.5 4.6 7.1 Balance at September 30, 2017 44.0 (7.8 ) 36.2

Subsidiary Guarantors of Senior

Subsidiary Guarantors of Senior Notes	9 Months Ended
	Sep. 30, 2018
Condensed Financial Information Disclosure [Abstract]
Subsidiary Guarantors of Senior Notes	Subsidiary Guarantors of Senior Notes The following tables present consolidating financial information for (a) Welbilt; (b) the guarantors of the Senior Notes, which include substantially all of the domestic, 100% owned subsidiaries of Welbilt ("Guarantor Subsidiaries"); and (c) the wholly owned foreign subsidiaries of Welbilt, which do not guarantee the Senior Notes ("Non-Guarantor Subsidiaries"). The information includes elimination entries necessary to consolidate the Guarantor Subsidiaries 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 Guarantor Subsidiaries are not presented because the guarantors are fully and unconditionally, jointly and severally liable under the guarantees, except for normal and customary release provisions. The Company identified errors as described in Note 19, “Revision of Previously Issued Consolidated Financial Statements,” and has revised the following consolidating financial information within this footnote to correct the identified errors. The errors also have an impact on the subsidiary guarantors footnote for the three months ended March 31, 2018 and the three and six months ended June 30, 2018. The impacts are not considered material to those periods and will be revised in connection with the future filing of the Company's Form 10-Q for the three months ended March 31, 2019 and the three and six months ended June 30, 2019. WELBILT, INC. Consolidating Statement of Operations (Unaudited) Three Months Ended September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 290.3 $ 234.1 $ (111.5 ) $ 412.9 Cost of sales 1.1 214.7 155.5 (111.5 ) 259.8 Gross profit (1.1 ) 75.6 78.6 — 153.1 Selling, general and administrative expenses 5.3 35.3 31.1 — 71.7 Amortization expense — 7.1 2.8 — 9.9 Restructuring expense 1.4 1.1 1.4 — 3.9 Gain from impairment or disposal of assets — net — (0.1 ) — — (0.1 ) (Loss) earnings from operations (7.8 ) 32.2 43.3 — 67.7 Interest expense 21.0 0.2 2.1 — 23.3 Other (income) expense — net (4.3 ) (5.5 ) 14.7 — 4.9 Equity in earnings (loss) of subsidiaries 51.6 19.6 — (71.2 ) — Earnings (loss) before income taxes 27.1 57.1 26.5 (71.2 ) 39.5 Income tax expense 0.3 5.5 6.9 — 12.7 Net earnings (loss) $ 26.8 $ 51.6 $ 19.6 $ (71.2 ) $ 26.8 Total other comprehensive income (loss), net of tax 4.3 3.4 3.7 (7.0 ) 4.4 Comprehensive income (loss) $ 31.1 $ 55.0 $ 23.3 $ (78.2 ) $ 31.2 WELBILT, INC. Consolidating Statement of Operations (Unaudited) Three Months Ended September 30, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 273.8 $ 198.8 $ (92.2 ) $ 380.4 Cost of sales 1.2 187.0 140.5 (92.2 ) 236.5 Gross profit (1.2 ) 86.8 58.3 — 143.9 Selling, general and administrative expenses 9.2 34.4 22.5 — 66.1 Amortization expense — 7.1 0.8 — 7.9 Separation expense 0.3 — — — 0.3 Restructuring expense 0.1 2.4 0.3 — 2.8 Gain from impairment or disposal of assets — net — (0.1 ) (3.8 ) — (3.9 ) (Loss) earnings from operations (10.8 ) 43.0 38.5 — 70.7 Interest expense 20.7 0.3 0.7 — 21.7 Loss on early extinguishment of debt 1.0 — — — 1.0 Other (income) expense — net (2.6 ) (7.4 ) 13.0 — 3.0 Equity in earnings (loss) of subsidiaries 49.7 20.5 — (70.2 ) — Earnings (loss) before income taxes 19.8 70.6 24.8 (70.2 ) 45.0 Income taxes (benefit) expense (10.9 ) 20.9 4.3 — 14.3 Net earnings (loss) $ 30.7 $ 49.7 $ 20.5 $ (70.2 ) $ 30.7 Total other comprehensive income (loss), net of tax 7.1 7.3 6.6 (13.9 ) 7.1 Comprehensive income (loss) $ 37.8 $ 57.0 $ 27.1 $ (84.1 ) $ 37.8 WELBILT, INC. Consolidating Statement of Operations (Unaudited) Nine Months Ended September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 842.1 $ 687.4 $ (345.5 ) $ 1,184.0 Cost of sales 2.8 630.9 467.2 (345.5 ) 755.4 Gross profit (2.8 ) 211.2 220.2 — 428.6 Selling, general and administrative expenses 24.5 110.7 95.8 — 231.0 Amortization expense — 21.4 5.8 — 27.2 Separation expense 0.1 — — — 0.1 Restructuring expense 1.4 1.2 3.1 — 5.7 Gain from impairment or disposal of assets — net — (0.3 ) — — (0.3 ) (Loss) earnings from operations (28.8 ) 78.2 115.5 — 164.9 Interest expense 61.2 0.7 4.8 — 66.7 Other (income) expense — net (12.3 ) (17.6 ) 58.6 — 28.7 Equity in earnings (loss) of subsidiaries 107.7 33.5 — (141.2 ) — Earnings (loss) before income taxes 30.0 128.6 52.1 (141.2 ) 69.5 Income tax (benefit) expense (21.2 ) 20.9 18.6 — 18.3 Net earnings (loss) $ 51.2 $ 107.7 $ 33.5 $ (141.2 ) $ 51.2 Total other comprehensive (loss) income, net of tax (1.5 ) (8.8 ) (5.5 ) 14.4 (1.4 ) Comprehensive income (loss) $ 49.7 $ 98.9 $ 28.0 $ (126.8 ) $ 49.8 WELBILT, INC. Consolidating Statement of Operations (Unaudited) Nine Months Ended September 30, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 792.4 $ 567.2 $ (280.1 ) $ 1,079.5 Cost of sales 2.9 555.7 396.9 (280.1 ) 675.4 Gross profit (2.9 ) 236.7 170.3 — 404.1 Selling, general and administrative expenses 28.3 116.1 70.0 — 214.4 Amortization expense — 21.3 2.1 — 23.4 Separation expense 1.5 — — — 1.5 Restructuring expense 4.9 3.2 0.4 — 8.5 Gain from impairment or disposal of assets — net — (0.5 ) (3.6 ) — (4.1 ) (Loss) earnings from operations (37.6 ) 96.6 101.4 — 160.4 Interest expense 63.1 0.8 2.0 — 65.9 Loss on early extinguishment of debt 1.7 — — — 1.7 Other (income) expense — net (7.3 ) (21.7 ) 37.2 — 8.2 Equity in earnings (loss) of subsidiaries 127.8 56.3 — (184.1 ) — Earnings (loss) before income taxes 32.7 173.8 62.2 (184.1 ) 84.6 Income tax (benefit) expense (33.3 ) 46.0 5.9 — 18.6 Net earnings (loss) $ 66.0 $ 127.8 $ 56.3 $ (184.1 ) $ 66.0 Total other comprehensive income (loss), net of tax 14.2 18.2 15.4 (33.6 ) 14.2 Comprehensive income (loss) $ 80.2 $ 146.0 $ 71.7 $ (217.7 ) $ 80.2 WELBILT, INC. Consolidating Balance Sheet (Unaudited) September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.4 $ 0.3 $ 92.7 $ — $ 93.4 Restricted cash — — 0.3 — 0.3 Accounts receivable — net — — 122.1 (3.7 ) 118.4 Inventories — net — 90.5 110.7 — 201.2 Prepaids and other current assets 7.5 6.0 13.2 — 26.7 Total current assets 7.9 96.8 339.0 (3.7 ) 440.0 Property, plant and equipment — net 0.3 70.5 45.8 — 116.6 Goodwill — 832.4 103.9 — 936.3 Other intangible assets — net 3.0 374.9 180.4 — 558.3 Intercompany long-term note receivable 20.0 20.0 — (40.0 ) — Due from affiliates — 3,317.2 — (3,317.2 ) — Investment in subsidiaries 4,117.1 — — (4,117.1 ) — Other non-current assets 11.4 4.3 32.4 (10.4 ) 37.7 Total assets $ 4,159.7 $ 4,716.1 $ 701.5 $ (7,488.4 ) $ 2,088.9 Liabilities and equity Current liabilities: Accounts payable $ 0.3 $ 57.7 $ 58.9 $ (3.7 ) $ 113.2 Accrued expenses and other liabilities 10.4 88.4 52.6 — 151.4 Short-term borrowings — — 30.0 — 30.0 Current portion of capital leases — 0.4 0.1 — 0.5 Product warranties — 17.9 9.8 — 27.7 Total current liabilities 10.7 164.4 151.4 (3.7 ) 322.8 Long-term debt and capital leases 1,282.0 0.9 75.8 — 1,358.7 Deferred income taxes 72.5 — 48.1 — 120.6 Pension and postretirement health obligations 47.0 4.6 — (10.4 ) 41.2 Intercompany long-term note payable 15.7 — 24.3 (40.0 ) — Due to affiliates 2,517.0 — 800.2 (3,317.2 ) — Investment in subsidiaries — 406.7 — (406.7 ) — Other long-term liabilities 49.7 22.4 8.4 — 80.5 Total non-current liabilities 3,983.9 434.6 956.8 (3,774.3 ) 1,601.0 Total equity (deficit): Total equity (deficit) 165.1 4,117.1 (406.7 ) (3,710.4 ) 165.1 Total liabilities and equity $ 4,159.7 $ 4,716.1 $ 701.5 $ (7,488.4 ) $ 2,088.9 WELBILT, INC. Consolidating Balance Sheet (Audited) December 31, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 8.8 $ — $ 120.4 $ (0.8 ) $ 128.4 Restricted cash — — 0.3 — 0.3 Accounts receivable — net — — 84.7 (1.0 ) 83.7 Inventories — net — 69.8 82.5 — 152.3 Prepaids and other current assets 5.3 5.9 7.8 — 19.0 Total current assets 14.1 75.7 295.7 (1.8 ) 383.7 Property, plant and equipment — net 0.5 68.7 43.0 — 112.2 Goodwill — 832.4 13.7 — 846.1 Other intangible assets — net — 396.3 65.1 — 461.4 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 3,252.8 — (3,252.8 ) — Investment in subsidiaries 4,009.4 — — (4,009.4 ) — Other non-current assets 10.8 5.2 28.7 (7.7 ) 37.0 Total assets $ 4,034.8 $ 4,651.1 $ 446.2 $ (7,291.7 ) $ 1,840.4 Liabilities and equity Current liabilities: Accounts payable $ 0.2 $ 58.2 $ 47.0 $ (1.8 ) $ 103.6 Accrued expenses and other liabilities 20.7 95.9 52.9 — 169.5 Current portion of capital leases — 0.5 0.2 — 0.7 Product warranties — 16.2 7.9 — 24.1 Total current liabilities 20.9 170.8 108.0 (1.8 ) 297.9 Long-term debt and capital leases 1,230.2 1.2 0.8 — 1,232.2 Deferred income taxes 73.7 — 17.6 — 91.3 Pension and postretirement health obligations 51.3 4.7 — (7.7 ) 48.3 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,501.4 — 751.4 (3,252.8 ) — Investment in subsidiaries — 440.2 — (440.2 ) — Other long-term liabilities 38.0 24.8 4.3 — 67.1 Total non-current liabilities 3,910.3 470.9 778.4 (3,720.7 ) 1,438.9 Total equity (deficit): Total equity (deficit) 103.6 4,009.4 (440.2 ) (3,569.2 ) 103.6 Total liabilities and equity $ 4,034.8 $ 4,651.1 $ 446.2 $ (7,291.7 ) $ 1,840.4 WELBILT, INC. Consolidating Statement of Cash Flows (Unaudited) Nine Months Ended September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash (used in) provided by operating activities $ (65.4 ) $ 74.2 $ (430.6 ) $ 0.5 $ (421.3 ) Cash flows from investing activities Cash receipts on beneficial interest in sold receivables — — 463.6 — 463.6 Capital expenditures (0.2 ) (9.2 ) (4.6 ) — (14.0 ) Acquisition of intangible assets (2.8 ) — — — (2.8 ) Business acquisition, net of cash acquired — — (215.6 ) — (215.6 ) Settlement of foreign exchange contract — — (10.0 ) — (10.0 ) Intercompany investment — (64.4 ) 68.8 (4.4 ) — Net cash (used in) provided by investing activities (3.0 ) (73.6 ) 302.2 (4.4 ) 221.2 Cash flows from financing activities Proceeds from long-term debt 176.0 — 100.0 — 276.0 Repayments on long-term debt and capital leases (114.0 ) (0.3 ) (25.2 ) — (139.5 ) Debt issuance costs (0.4 ) — — — (0.4 ) Proceeds from short-term borrowings — — 30.0 — 30.0 Exercises of stock options 6.0 — — — 6.0 Payments on tax withholdings for equity awards (2.9 ) — — — (2.9 ) Intercompany financing (4.7 ) — — 4.7 — Net cash provided by (used in) financing activities 60.0 (0.3 ) 104.8 4.7 169.2 Effect of exchange rate changes on cash — — (4.1 ) — (4.1 ) Net (decrease) increase in cash and cash equivalents and restricted cash (8.4 ) 0.3 (27.7 ) 0.8 (35.0 ) Balance at beginning of period 8.8 — 120.7 (0.8 ) 128.7 Balance at end of period $ 0.4 $ 0.3 $ 93.0 $ — $ 93.7 WELBILT, INC. Consolidating Statement of Cash Flows (Unaudited) Nine Months Ended September 30, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash (used in) provided by operating activities $ (25.9 ) $ 69.4 $ (378.2 ) $ — $ (334.7 ) Cash flows from investing activities Cash receipts on beneficial interest in sold receivables — — 404.6 — 404.6 Capital expenditures (0.4 ) (8.9 ) (4.8 ) — (14.1 ) Proceeds from sale of property, plant and equipment — 6.0 6.3 — 12.3 Intercompany investment — (65.6 ) — 65.6 — Net cash (used in) provided by investing activities (0.4 ) (68.5 ) 406.1 65.6 402.8 Cash flows from financing activities Proceeds from long-term debt 140.3 — 0.6 — 140.9 Repayments on long-term debt and capital leases (133.8 ) (0.3 ) (0.7 ) — (134.8 ) Debt issuance costs (2.0 ) — — — (2.0 ) Changes in short-term borrowings — — 4.0 — 4.0 Exercises of stock options 3.2 — — — 3.2 Payments on tax withholdings for equity awards (4.0 ) — — — (4.0 ) Intercompany financing 29.8 — 35.8 (65.6 ) — Net cash provided by (used in) financing activities 33.5 (0.3 ) 39.7 (65.6 ) 7.3 Effect of exchange rate changes on cash — — (7.0 ) — (7.0 ) Net change in cash and cash equivalents and restricted cash 7.2 0.6 60.6 — 68.4 Balance at beginning of period 0.4 2.3 57.5 — 60.2 Balance at end of period $ 7.6 $ 2.9 $ 118.1 $ — $ 128.6

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Amendment to 2016 Credit Facility On October 23, 2018 (the “Amendment Effective Date”), the Company entered into Amendment No. 6 (the “Amendment”) to the 2016 Credit Agreement (as amended, amended and restated, modified or supplemented from time to time, the “Credit Agreement”), among the Company, the subsidiary borrowers party thereto, the lenders and other financial parties from time to time party thereto and JPMorgan Chase Bank, N.A., individually and as administrative agent. The Amendment (i) replaced and refinanced all amounts outstanding and committed under the 2016 Credit Agreement such that, as of the Amendment Effective Date, the aggregate amount of term B loans outstanding was $900.0 million and the aggregate amount of revolving commitments was $400.0 million , of which $90.0 million was drawn, (ii) extended the maturity of the new term B loans to October 2025 and the new revolving commitments to October 2023 and (iii) made certain other changes to the Credit Agreement as set forth therein. Following the Amendment, borrowings under the Credit Agreement bear interest at a rate per annum equal to, at the Company’s option, either (i) LIBOR plus an applicable margin of, for term loans, 2.50% and, for revolving loans, from 1.50% to 2.50% (depending on the Company’s consolidated total leverage ratio) or (ii) an alternate base rate, plus applicable margins of 1.00% less than in the case of LIBOR-based borrowings. The Amendment revised the financial covenants under the Credit Agreement to (a) a maximum consolidated total leverage ratio of 5.75 to 1.00, with decreases of 0.25 every fourth fiscal quarter beginning with the fiscal quarter ending December 31, 2019, and decreases of 0.50 every fourth fiscal quarter beginning with the fiscal quarter ending December 31, 2021 until the ratio reaches 4.25 to 1.00 in the fiscal quarter ending December 31, 2022, and (b) a minimum consolidated interest coverage ratio of 2.50 to 1.00, with increases of 0.25 every fourth fiscal quarter beginning with the fiscal quarter ending December 31, 2019 until the ratio reaches 3.00 to 1.00 in the fiscal quarter ending December 31, 2020; provided, however, that during a covenant holiday acquisition transition period, the consolidated total leverage ratio may exceed the applicable maximum by up to and including 0.50 (but in no event shall exceed 5.50 to 1.00). The Amendment also increased (i) the sublimit for the issuance of letters of credit under the new revolving commitments to $30.0 million and (ii) the aggregate principal amount of allowed incremental revolving or term loan facilities under the Credit Agreement to an amount not to exceed the sum of (a) $275.0 million plus (b) an additional amount, so long as, giving effect to the incurrence of such additional amount, the resulting pro forma senior secured leverage ratio does not exceed 3.75 :1.00. In connection with this Amendment, the Company incurred debt issuance costs, including original issue discount, of approximately $13.0 million . The Company is currently evaluating the accounting treatment for these debt issuance costs as well as the existing unamortized debt issuance costs, which were $19.8 million as of September 30, 2018. If the Amendment constitutes a significant modification to the 2016 Credit Agreement, the Company may be required to expense all or a portion of the existing unamortized debt issuance costs in the fourth quarter of 2018. Amendment to Accounts Receivable Securitization Agreement The accounts receivable securitization facility was amended on October 26, 2018 in conjunction with the Amendment to the Credit Agreement to provide for certain conforming changes including amending the maximum consolidated total leverage ratio and minimum consolidated interest coverage ratio required thereunder. Pension Settlement In October 2018, the Company completed the purchase of a group annuity contract using assets from the U.S. pension plan. Under the group annuity contract, accrued pension obligations of approximately $8.0 million for certain participants that were receiving payments from the U.S. pension plan were transferred to an insurer. This agreement is an irrevocable action that unconditionally transfers the legal obligation to provide these payments to the insurer, as well as the risks attributable to that obligation. As a result, the Company expects to record a non-cash settlement loss estimated to be approximately $2.0 million , based on current market conditions, related to the accelerated recognition of unamortized losses in the fourth quarter of 2018, which will be recorded in "Other expense — net" in the consolidated statement of operations. Misappropriation of Funds On November 14, 2018, management learned of an incident that occurred in early November 2018, which resulted in the diversion of approximately €4.0 million from a subsidiary of the Company’s recently acquired Crem business. The Company is currently investigating this matter, including the potential likelihood of recovery, if any. Based on its preliminary review as of the date of this report, management believes the loss, net of recoveries, to be approximately €1.0 million to €3.0 million , although this amount may change as the Company continues with its investigation. The Company also has disclosed the matter to local authorities and is cooperating with them in their investigation. The Company does not currently expect the impact of this incident to be material to its business, results of operations or financial condition.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	The accompanying unaudited consolidated 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.
Use of Estimates	The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. Significant items subject to such estimates and assumptions include inventory obsolescence costs, warranty costs, product liability costs, employee benefit programs, sales rebates and the measurement of income tax assets and liabilities. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. On an ongoing basis, the Company evaluates these assumptions, judgments and estimates. Actual results may differ from these estimates.
Reclassifications	Certain prior period amounts have been reclassified to conform to the current period presentation and include: • Reclassification of periodic pension and postretirement benefit costs totaling $0.4 million and $1.1 million from "Selling, general and administrative expenses" to "Other expense — net" in the consolidated statement of operations for the three and nine months ended September 30, 2017 respectively, as a result of the retrospective adoption of Accounting Standard Update ("ASU") 2017-07, "Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost." • Beginning and ending cash and cash equivalents shown on the consolidated statements of cash flows for the nine months ended September 30, 2017 were increased for restricted cash of $6.4 million and $0.2 million , respectively, and cash flows provided by investing activities were reduced by $6.3 million as a result of adopting ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash." • As a result of the adoption of ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," the Company reclassified consideration received for the beneficial interest obtained for transferring trade receivables in securitization transactions of approximately $404.6 million from operating activities to investing activities on the consolidated statements of cash flows for the nine months ended September 30, 2017 . Revision of Previously Issued Consolidated Financial Statements On November 19, 2018 , the Company filed Amendment No. 1 to its Annual Report on Form 10-K/A for the fiscal year ended December 31 2017 (the "FY2017 Form 10-K/A") to restate its consolidated financial statements as of and for the year ended December 31, 2016, and revise its financial statements as of and for the years ended December 31, 2017 and 2015, to correct for prior period tax errors identified in the third quarter of 2018, as well as to correct for other prior period errors previously determined to be immaterial, individually and in the aggregate. As a result of such restatement and revision, the Company is also revising its previously issued unaudited consolidated financial statements for the three and nine months ended September 30, 2017 in connection with the filing of this Form 10-Q. Additional details regarding this revision, including the impact of the revisions on the other unaudited interim periods in 2017 and 2018, are included in Note 19, "Revision of Previously Issued Consolidated Financial Statements." All relevant footnotes to the consolidated financial statements in this Form 10-Q have also been revised to reflect the items discussed above.
Recently Adopted Accounting Pronouncements	In May 2017, the Financial Accounting Standards Board ("FASB") issued ASU 2017-09, "Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting," which provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting pursuant to Topic 718. ASU 2017-09 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. Early adoption is permitted. The amendments in this update are required to be applied prospectively to an award modified on or after the adoption date. This standard became effective for the Company on January 1, 2018. The impact this standard will have on the Company's consolidated financial statements and related disclosures are dependent on the terms and conditions of any modifications made to share-based awards after January 1, 2018. In March 2017, the FASB issued ASU 2017-07, "Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost," 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 allows only the service cost component of net benefit cost to be eligible for capitalization. As of January 1, 2018, the Company adopted this standard on a retrospective basis. Prior to adoption, periodic benefit costs for both pensions and postretirement benefits were recorded in "Selling, general and administrative expenses" in the consolidated statement of operations. As a result of adopting this ASU, the Company recognized $0.4 million and $1.3 million of periodic pension costs and $0.1 million and $0.4 million of periodic postretirement benefit costs in "Other expense — net" in the consolidated statement of operations for the three and nine months ended September 30, 2018 , respectively. In November 2016, the FASB issued ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," which requires an entity to reconcile the changes in restricted cash as part of total cash and cash equivalents in its statements of cash flows. This standard became effective for the Company on January 1, 2018. The adoption of this standard was applied retrospectively. Other than the change in presentation of restricted cash within the consolidated statements of cash flows, the adoption of this ASU did not have a material impact on the Company’s consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, "Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory," which requires 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 became effective for the Company on January 1, 2018. Currently the Company does not have material intercompany transactions of non-inventory items, but to the extent that these business circumstances change in the future, there could be income tax impacts. 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. This standard became effective for the Company on January 1, 2018. The adoption of this standard impacts the presentation of collections of the deferred purchase price from its sales of trade accounts receivables in the Company’s consolidated statements of cash flows. Subsequent to adoption, collection of these balances is reported in cash flows from investing activities rather than cash flows from operating activities with all retrospective periods reclassified to conform for comparability. In addition, the beneficial interest obtained in exchange for securitized receivables are reported as non-cash investing activity. See Note 7, "Accounts Receivable Securitization" for further discussion. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" with additional updates subsequently issued (collectively, "ASU 2014-09"). This ASU creates a single, comprehensive revenue recognition model for all contracts with customers. The model is based on changes in contract assets (rights to receive consideration) and liabilities (obligations to provide a good or service). On January 1, 2018, the Company adopted ASU 2014-09. Either a retrospective or cumulative effect transition method, referred to as the modified retrospective method, is permitted. The Company used the modified retrospective method and recognized the cumulative effect of the initial application of the new revenue standard as an adjustment to the opening balance of retained earnings. Prior period results have not been restated and continue to be reported under the accounting standards in effect for those periods. In connection with the adoption of this guidance, the Company elected the following practical expedients: (i) significant financing component, (ii) sales taxes, (iii) costs of obtaining a contract, (iv) shipping and handling activities and (v) immaterial promised goods or services. The adoption of ASU 2014-09 did not have a material impact on the Company's consolidated balance sheet as of September 30, 2018 or the consolidated statement of operations or cash flows for the three and nine months ended September 30, 2018 . Subsequent to the adoption of ASU 2014-09, revenue is recognized based on the satisfaction of performance obligations, which occurs when control of a good or service transfers to a customer. A majority of the Company's net sales continue to be recognized when products are shipped from its manufacturing facilities. The cumulative effect of the changes made to the Company's consolidated balance sheet as of January 1, 2018 for the adoption of ASU 2014-09 is related to the establishment of right to return assets in conjunction with its product return policy as shown below: (in millions) As of December 31, 2017 Adjustments Due to Adoption of ASU 2014-09 As of January 1, 2018 Balance Sheet Assets: Inventories — net $ 152.3 $ 1.1 $ 153.4 Equity: Retained earnings $ 204.5 $ 1.1 $ 205.6 Substantially all of the Company's revenues comprise revenues from contracts with customers. These revenues are disaggregated by major source and geographic location, as the Company believes it best depicts how the nature, amount, timing and uncertainty of its revenue and cash flows are affected by economic factors. Net sales by product class and segment are as follows: Three Months Ended September 30, 2018 (in millions) Commercial Foodservice Whole Goods Aftermarket Parts and Support Total Americas $ 237.3 $ 47.7 $ 285.0 EMEA 66.5 11.7 78.2 APAC 42.2 7.5 49.7 Total net sales $ 346.0 $ 66.9 $ 412.9 Nine Months Ended September 30, 2018 (in millions) Commercial Foodservice Whole Goods Aftermarket Parts and Support Total Americas $ 698.1 $ 131.6 $ 829.7 EMEA 185.1 36.8 221.9 APAC 111.2 21.2 132.4 Total net sales $ 994.4 $ 189.6 $ 1,184.0 For the majority of foodservice equipment and aftermarket parts and support, the transfer of control and revenue recognition materializes when the products are shipped from the manufacturing facility or the service is provided to the customer. The Company typically invoices its customers with payment terms of 30 days and the average collection cycle is generally less than 60 days. The amount of consideration received and revenue recognized varies with marketing incentives that are offered to customers such as annual customer rebate programs and product returns. Variable consideration as a result of customer rebate programs is typically based on calendar-year purchases, and is determined using the expected value method in interim periods as prescribed in the guidance. Customers have the right to return eligible equipment and parts. The expected returns are based on an analysis of historical experience. The estimate of revenue is adjusted at the earlier of when the most likely amount of the expected consideration changes or when the consideration becomes fixed. The impact of such adjustments was not material in the three and nine months ended September 30, 2018 . The Company also recognizes revenue for foodservice-based projects. These revenues are generally recognized at the point-in-time in which control transfers to the customer. However, depending on the nature of the performance obligations in the contract, revenues may be recognized over time. The Company sells separately-priced extended warranties that extend coverage beyond the standard product warranty by 12 to 60 months. Payments are received at the inception of the contract and revenue is recognized over the term of the agreement on a straight-line basis, which the Company believes approximates the timing of costs expected to be incurred in satisfying the obligations of the contract. As of September 30, 2018 and December 31, 2017 , there was $6.2 million and $6.7 million , respectively, of deferred revenues related to extended warranties. The Company expects to recognize $3.0 million of the deferred revenues in 2018, of which $0.4 million and $1.2 million was recognized for the three and nine months ended September 30, 2018 respectively, $1.4 million will be recognized in 2019, and $3.0 million will be recognized thereafter. See additional discussion of product warranties in Note 14, "Product Warranties." The Company also defers revenues related to performance obligations that have not yet been met. At September 30, 2018 , these revenues totaled $0.9 million of which $0.7 million is expected to be recognized in 2018 and $0.2 million in 2019. Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued ASU 2018-15, "Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract," which aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software, with amortization expense being recorded in the same income statement expense line as the hosted service costs and over the expected term of the hosting arrangement. ASU 2018-15 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 and should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on the consolidated financial statements and related disclosures. In August 2018 the FASB issued ASU 2018-14 “Compensation-Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans,” which modifies the disclosure requirements on the company-sponsored defined benefit pension or other postretirement plans. This guidance becomes effective for the Company for fiscal years ending after December 15, 2020. Early adoption is permitted. The amendments should be applied on a retrospective basis to all periods presented. The Company is currently evaluating the impact that the adoption of this ASU will have on the consolidated financial statements and related disclosures. In February 2018, the FASB issued ASU 2018-02, "Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income," to provide guidance on the presentation of certain income statement effects from the Tax Cuts and Jobs Act’s reduction in the corporate statutory tax rate . The ASU provides the option of reclassifying what are called the “stranded” tax effects within accumulated other comprehensive income (loss) to retained earnings and requires increased disclosures describing the accounting policy used to release the income tax effects from accumulated other comprehensive income (loss), whether the amounts reclassified are the stranded income tax effects from the Tax Cuts and Jobs Act, and information about the other effects on taxes from the reclassification. ASU 2018-02 may be adopted using one of two transition methods: (1) retrospective to each period (or periods) in which the income tax effects of the Tax Cuts and Jobs Act related to items remaining in accumulated other comprehensive income (loss) are recognized, or (2) at the beginning of the period of adoption. The ASU is effective for fiscal years beginning after December 15, 2018, and the quarterly and other interim periods in those years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements and related disclosures. In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities," which improves the financial reporting of hedging relationships to better align risk management activities in financial statements and make certain targeted improvements to simplify the application of current hedge accounting guidance in current GAAP. The standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on its consolidated financial statements and related disclosures. In March 2017, the FASB issued ASU 2017-08, "Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities," 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 financial statements and related disclosures. In June 2016 the FASB issued ASU 2016-13, "Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments," which significantly changes the impairment model for most financial instruments. Current guidance requires the recognition of credit losses based on an incurred loss impairment methodology that reflects losses once the losses are probable. Under ASU 2016-13, the Company will be required to use a current expected credit loss model (“CECL”) that will immediately recognize an estimate of credit losses that are expected to occur over the life of the financial instruments that are in the scope of this update, including trade receivables. The CECL model uses a broader range of reasonable and supportable information in the development of credit loss estimates. This guidance becomes effective for the Company on January 1, 2020 including the interim periods in the year. The Company is currently evaluating the impact that the adoption of this ASU will have on the consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842)" and in July 2018, ASU 2018-10 "Codification Improvements to Topic 842, Leases" and ASU 2018-11 "Leases (Topic 842) Targeted Improvements" were issued (collectively "ASC Topic 842"). ASC Topic 842 will supersede the current guidance for lease accounting and will require lessees to recognize the right-of-use assets and lease liabilities, on its balance sheet. ASC Topic 842 permits the Company to elect either a) a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements or b) a modified retrospective approach recognizing the cumulative effect of the initial application of the new leasing standard as an adjustment to the opening balance of retained earnings as of the date of adoption. This ASU is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years with early adoption permitted. While the Company is still evaluating the impact this ASU will have on the consolidated financial statements and related disclosures, it has completed the initial impact assessment, has identified and begun implementing an accounting system to support the leasing accounting requirements and has evaluated which practical expedients it plans to elect in connection with the adoption of ASC Topic 842. The Company is currently abstracting and validating all applicable lease provisions into the lease accounting system and is in the process of updating its policies, processes and internal controls to align with the new standard. The Company will adopt this new standard on January 1, 2019 and expects to use the cumulative effect transition method but is not yet in a position to reasonably estimate the expected increase in assets and liabilities on the consolidated balance sheet upon adoption. The Company plans to elect the package of practical expedients provided in the standard in that it will not reassess the lease classification of existing contracts or leases and it will not reassess the initial direct costs associated with existing leases. The Company does not plan to elect the hindsight practical expedient. In addition, the Company continues to evaluate the accounting policy elections to be made upon adoption of the new standard. The majority of the Company's leases are operating leases, which will be capitalized. The impact of recording the lease liabilities and the corresponding right of use assets are expected to be significant relative to total assets and liabilities with minimal impact on equity, results of operations and cash flows. In addition, the Company expects expanded qualitative and quantitative financial statement disclosures regarding the Company's leasing arrangements. Recent accounting guidance not discussed above is not applicable, did not have, or is not expected to have a material impact on the Company.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies and Basis of Presentation (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of Cumulative Effect of New Accounting Pronouncement	The cumulative effect of the changes made to the Company's consolidated balance sheet as of January 1, 2018 for the adoption of ASU 2014-09 is related to the establishment of right to return assets in conjunction with its product return policy as shown below: (in millions) As of December 31, 2017 Adjustments Due to Adoption of ASU 2014-09 As of January 1, 2018 Balance Sheet Assets: Inventories — net $ 152.3 $ 1.1 $ 153.4 Equity: Retained earnings $ 204.5 $ 1.1 $ 205.6
Schedule of Disaggregation of Revenue by Major Source and Geographic Location	Net sales by product class and segment are as follows: Three Months Ended September 30, 2018 (in millions) Commercial Foodservice Whole Goods Aftermarket Parts and Support Total Americas $ 237.3 $ 47.7 $ 285.0 EMEA 66.5 11.7 78.2 APAC 42.2 7.5 49.7 Total net sales $ 346.0 $ 66.9 $ 412.9 Nine Months Ended September 30, 2018 (in millions) Commercial Foodservice Whole Goods Aftermarket Parts and Support Total Americas $ 698.1 $ 131.6 $ 829.7 EMEA 185.1 36.8 221.9 APAC 111.2 21.2 132.4 Total net sales $ 994.4 $ 189.6 $ 1,184.0

Acquisitions Acquisitions (Tabl

Acquisitions Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Schedule of Identified Assets Acquired and Liabilities Assumed	The following table summarizes the consideration paid for Crem and the amounts of the identified assets acquired and liabilities assumed at the acquisition date: (in millions) Total purchase price $ 220.3 Less: cash acquired 4.7 Total purchase price, net of cash acquired $ 215.6 Recognized preliminary amounts of identifiable assets acquired and (liabilities assumed), at fair value: Cash $ 4.7 Accounts receivable 17.2 Inventories 16.9 Prepaids and other current assets 1.9 Property, plant and equipment 4.9 Other intangible assets 131.2 Other non-current assets 2.1 Accounts payable (11.4 ) Accrued expenses and other liabilities (6.0 ) Deferred income taxes (32.8 ) Pension and postretirement health obligations (0.4 ) Other long-term liabilities (5.0 ) Preliminary estimate of the fair value of assets acquired and liabilities assumed 123.3 Allocation to goodwill $ 97.0
Schedule of Preliminary Fair Value Estimates of Intangible Assets Other than Goodwill Acquired	The preliminary fair value estimates for the Company's identifiable intangible assets other than goodwill acquired as part of the acquisition are as follows: (in millions) Estimated Fair Values Estimated Useful Life (in years) Weighted Average Amortization Period (in years) Customer relationships $ 64.2 10 10.0 Design libraries 20.6 7 — 20 10.4 Total definite-lived intangible assets 84.8 10.1 Tradename 46.4 Indefinite Total intangible assets $ 131.2

Inventories - Net (Tables)

Inventories - Net (Tables)	9 Months Ended
	Sep. 30, 2018
Inventory Disclosure [Abstract]
Components of Inventories	The components of "Inventories — net" at September 30, 2018 and December 31, 2017 are summarized as follows: September 30, December 31, (in millions) 2018 2017 Inventories — gross: Raw materials $ 95.6 $ 73.9 Work-in-process 18.7 18.9 Finished goods 114.7 86.9 Total inventories — gross 229.0 179.7 Excess and obsolete inventory reserve (23.9 ) (23.5 ) Net inventories at FIFO cost 205.1 156.2 Excess of FIFO costs over LIFO value (3.9 ) (3.9 ) Inventories — net $ 201.2 $ 152.3

Property, Plant and Equipment_2

Property, Plant and Equipment - Net (Tables)	9 Months Ended
	Sep. 30, 2018
Property, Plant and Equipment [Abstract]
Components of Property, Plant and Equipment	The components of "Property, plant and equipment — net" at September 30, 2018 and December 31, 2017 are summarized as follows: September 30, December 31, (in millions) 2018 2017 Land $ 9.8 $ 9.5 Building and improvements 88.4 88.9 Machinery, equipment and tooling 227.4 227.3 Furniture and fixtures 6.7 6.0 Computer hardware and software 57.1 55.1 Construction in progress 21.7 15.7 Total cost 411.1 402.5 Less accumulated depreciation (294.5 ) (290.3 ) Property, plant and equipment — net $ 116.6 $ 112.2

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses and Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	"Accounts payable" and "Accrued expenses and other liabilities" at September 30, 2018 and December 31, 2017 are summarized as follows: September 30, December 31, (in millions) 2018 2017 Accounts payable: Trade accounts payable $ 113.2 $ 103.6 Total accounts payable $ 113.2 $ 103.6 Accrued expenses and other liabilities: Interest payable $ 2.2 $ 7.8 Income taxes payable 2.1 13.9 Employee related expenses 31.3 30.8 Restructuring expenses 4.0 5.0 Profit sharing and incentives 14.0 11.5 Accrued rebates 44.2 50.0 Deferred revenue — current 3.4 4.2 Customer advances 4.1 2.6 Product liability 1.4 1.4 Miscellaneous accrued expenses 44.7 42.3 Total accrued expenses and other liabilities $ 151.4 $ 169.5

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Outstanding Debt	Outstanding debt at September 30, 2018 and December 31, 2017 is summarized as follows: (in millions, except percentage data) September 30, 2018 Weighted Average Interest Rate December 31, 2017 Weighted Average Interest Rate Revolving loan facility $ 30.0 4.54 % $ — — % Revolving credit facility 162.0 5.54 % 25.0 4.41 % Term Loan B facility 815.0 5.18 % 815.0 4.90 % 9.50% Senior Notes due 2024 425.0 9.75 % 425.0 9.72 % Capital leases 2.1 4.20 % 2.7 4.17 % Total debt and capital leases, including current portion 1,434.1 1,267.7 Less: Revolving loan facility (30.0 ) — Current portion of capital leases (0.5 ) (0.7 ) Unamortized debt issuance costs (1) (22.7 ) (26.4 ) Hedge accounting fair value adjustment (2) (22.2 ) (8.4 ) Total long-term debt and capital leases $ 1,358.7 $ 1,232.2 (1) Total outstanding debt issuance costs, net of amortization as of September 30, 2018 and December 31, 2017 was $24.9 million and $28.6 million , respectively, of which $2.2 million of each period end presented, was related to the revolving credit facility and recorded in "Other non-current assets" in the consolidated balance sheets. (2) Represents the change in fair value due to changes in benchmark interest rates related to the Company's 9.50% Senior Notes due 2024 ("Senior Notes"). Refer to Note 9, "Derivative Financial Instruments," for additional information on the Company's interest rate swap designated as a fair value hedge.
Summary of Covenant Levels of Financial Covenants	The current levels of the financial covenants under the Senior Secured Credit Facilities are set forth below: Quarter Ending Consolidated Total Leverage Ratio (less than) Actual Consolidated Total Leverage Ratio Consolidated Interest Coverage Ratio (greater than) Actual Consolidated Interest Coverage Ratio September 30, 2018 5.00:1.00 4.93:1.00 3.00:1.00 3.25:1.00

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Outstanding Commodity and Currency Forward Contracts	As of September 30, 2018 and December 31, 2017 , the Company had the following outstanding commodity and currency forward contracts that were entered into as hedges of forecasted transactions: Units Hedged Commodity September 30, 2018 December 31, 2017 Unit Aluminum 1,652 1,620 MT Copper 645 667 MT Steel 9,200 7,713 Short tons Units Hedged Currency September 30, 2018 December 31, 2017 Canadian Dollar 17,820,000 18,080,000 European Euro 15,698,000 8,545,000 British Pound 17,789,322 7,807,744 Mexican Peso 277,410,000 126,400,000 Singapore Dollar 3,245,000 1,765,000 As of September 30, 2018 and December 31, 2017 , the Company had the following outstanding currency forward contracts that were not designated as hedging instruments: Units Hedged Currency September 30, 2018 December 31, 2017 Singapore Dollar 28,127,000 28,127,000 European Euro 68,600,000 69,300,000 British Pound 16,679,865 14,912,019 Swiss Franc 4,100,000 4,800,000 The location and effects on the consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 for gains or losses related to derivative instruments not designated as hedging instruments were as follows: 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 September 30, 2018 2017 Foreign currency exchange contracts $ 2.6 $ (0.5 ) Other expense — net Total $ 2.6 $ (0.5 ) 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 Nine Months Ended September 30, 2018 2017 Foreign currency exchange contracts $ (8.2 ) $ (4.9 ) Other expense — net Total $ (8.2 ) $ (4.9 )
Schedule of the Effect of Derivative Instruments on the Consolidated Statement of Operations for Gains or Losses Initially Recognized in Other Comprehensive Income (OCI) in the Consolidated Balance Sheet	The effects of derivative instruments on the consolidated statements of comprehensive income and consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 for gains or losses initially recognized in AOCI in the consolidated balance sheets were as follows: Derivatives in cash flow hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Pretax gain/(loss) effective portion of derivative reclassified from AOCI into income Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income Three Months Ended September 30, Location Three Months Ended September 30, Location Three Months Ended September 30, 2018 2017 2018 2017 2018 2017 Foreign currency exchange contracts $ 1.0 $ 1.9 Cost of sales $ (0.4 ) $ 1.6 Cost of sales $ — $ — Commodity contracts (0.5 ) 0.7 Cost of sales 0.7 0.4 Cost of sales — (0.1 ) Interest rate swap contracts 0.1 0.9 Interest expense — — Interest expense — — Total $ 0.6 $ 3.5 $ 0.3 $ 2.0 $ — $ (0.1 ) Derivatives in cash flow hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Pretax gain/(loss) effective portion of derivative reclassified from AOCI into income Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income Nine Months Ended September 30, Location Nine Months Ended September 30, Location Nine Months Ended September 30, 2018 2017 2018 2017 2018 2017 Foreign currency exchange contracts $ (0.7 ) $ 4.6 Cost of sales $ — $ 2.3 Cost of sales $ — $ — Commodity contracts (0.1 ) 1.3 Cost of sales 2.0 0.8 Cost of sales 0.1 0.1 Interest rate swap contracts 3.9 (0.9 ) Interest expense — — Interest expense — — Total $ 3.1 $ 5.0 $ 2.0 $ 3.1 $ 0.1 $ 0.1 The location and effects of derivative instruments on the consolidated statements of comprehensive income and consolidated statements of operations for the three and nine months ended September 30, 2018 and 2017 for gains or losses initially recognized in AOCI in the consolidated balance sheets were as follows: Derivatives in net investments hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Gain/(loss) reclassified from AOCI into income (effective portion) Three Months Ended September 30, Location Three Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ 0.2 $ (2.2 ) N/A $ — $ — Total $ 0.2 $ (2.2 ) $ — $ — Derivatives in net investments hedging relationships (in millions) Pretax gain/(loss) recognized in AOCI (effective portion) Gain/(loss) reclassified from AOCI into income (effective portion) Nine Months Ended September 30, Location Nine Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ 1.5 $ (6.3 ) N/A $ — $ — Total $ 1.5 $ (6.3 ) $ — $ — N/A = Not applicable
Schedule of Gain or Loss on the Hedged Items	The gain or loss on the hedged item (that is, fixed-rate borrowing of the Senior Notes) attributable to the hedged benchmark interest rate risk (risk of changes in the applicable LIBOR swap rate) and the offsetting gain or loss on the related interest rate swap is as follows: Derivatives in fair value hedging relationships (in millions) Gain/(Loss) on Swap Location Gain/(Loss) on Hedged Item Three Months Ended September 30, Three Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ (2.2 ) $ — Interest Expense $ 2.4 $ — Total $ (2.2 ) $ — $ 2.4 $ — Derivatives in fair value hedging relationships (in millions) Gain/(Loss) on Swap Location Gain/(Loss) on Hedged Item Nine Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Interest rate swap contract $ (13.6 ) $ 0.3 Interest Expense $ 13.9 $ (0.3 ) Total $ (13.6 ) $ 0.3 $ 13.9 $ (0.3 )
Schedule of the Fair Value of Outstanding Derivative Contracts Recorded as Assets in the Accompanying Consolidated Balance Sheet	The fair value of outstanding derivative contracts recorded as assets in the consolidated balance sheets as of September 30, 2018 and December 31, 2017 was as follows: Asset Derivatives (in millions) Balance Sheet Location Fair Value September 30, 2018 December 31, 2017 Derivatives designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets $ 1.1 $ 1.1 Commodity contracts Prepaids and other current assets 0.9 1.7 Interest rate swap contracts Prepaids and other current assets 5.5 1.7 Commodity contracts Other non-current assets 0.1 0.6 Interest rate swap contracts Other non-current assets 2.3 2.3 Total derivatives designated as hedging instruments $ 9.9 $ 7.4 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Prepaids and other current assets $ 1.4 $ — Total derivatives NOT designated as hedging instruments $ 1.4 $ — Total asset derivatives $ 11.3 $ 7.4
Schedule of the Fair Value of Outstanding Derivative Contracts Recorded as Liabilities in the Accompanying Consolidated Balance Sheet	The fair value of outstanding derivative contracts recorded as liabilities in the consolidated balance sheets as of September 30, 2018 and December 31, 2017 was as follows: Liability Derivatives (in millions) Balance Sheet Location Fair Value September 30, 2018 December 31, 2017 Derivatives designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities $ 1.3 $ 0.6 Commodity contracts Accrued expenses and other liabilities 0.3 0.1 Commodity contracts Other long-term liabilities 0.3 — Interest rate swap contracts Other long-term liabilities 29.7 17.7 Total derivatives designated as hedging instruments $ 31.6 $ 18.4 Derivatives NOT designated as hedging instruments: Foreign currency exchange contracts Accrued expenses and other liabilities $ — $ 0.5 Total derivatives NOT designated as hedging instruments $ — $ 0.5 Total liability derivatives $ 31.6 $ 18.9

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
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 September 30, 2018 and December 31, 2017 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 September 30, 2018 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 2.5 $ — $ 2.5 Commodity contracts — 0.9 — 0.9 Interest rate swap contracts — 5.5 — 5.5 Total current assets at fair value — 8.9 — 8.9 Non-current assets: Commodity contracts — 0.1 — 0.1 Interest rate swap contracts — 2.3 — 2.3 Total non-current assets at fair value — 2.4 — 2.4 Total assets at fair value $ — $ 11.3 $ — $ 11.3 Current liabilities: Foreign currency exchange contracts $ — $ 1.3 $ — $ 1.3 Commodity contracts — 0.3 — 0.3 Total current liabilities at fair value — 1.6 — 1.6 Non-current liabilities: Commodity contracts — 0.3 — 0.3 Interest rate swap contracts — 29.7 — 29.7 Total non-current liabilities at fair value — 30.0 — 30.0 Total liabilities at fair value $ — $ 31.6 $ — $ 31.6 Fair Value as of December 31, 2017 (in millions) Level 1 Level 2 Level 3 Total Current assets: Foreign currency exchange contracts $ — $ 1.1 $ — $ 1.1 Commodity contracts — 1.7 — 1.7 Interest rate swap contracts — 1.7 — 1.7 Total current assets at fair value — 4.5 — 4.5 Non-current assets: Commodity contracts — 0.6 — 0.6 Interest rate swap contracts — 2.3 — 2.3 Total non-current assets at fair value — 2.9 — 2.9 Total assets at fair value $ — $ 7.4 $ — $ 7.4 Current liabilities: Foreign currency exchange contracts $ — $ 1.1 $ — $ 1.1 Commodity contracts — 0.1 — 0.1 Total current liabilities at fair value — 1.2 — 1.2 Non-current liabilities: Interest rate swap contracts — 17.7 — 17.7 Total non-current liabilities at fair value — 17.7 — 17.7 Total liabilities at fair value $ — $ 18.9 $ — $ 18.9

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Reconciliations for the Changes in Accumulated Other Comprehensive Income (Loss)	The components of "Accumulated other comprehensive loss" as of September 30, 2018 and December 31, 2017 are as follows: (in millions) September 30, 2018 December 31, 2017 Foreign currency translation, net of income tax benefit of $2.4 million and $2.8 million at September 30, 2018 and December 31, 2017, respectively $ 0.4 $ 4.4 Derivative instrument fair market value, net of income tax expense of $1.8 million at September 30, 2018 and at December 31, 2017 4.7 3.6 Employee pension and postretirement benefit adjustments, net of income tax benefit of $6.2 million and $6.5 million at September 30, 2018 and December 31, 2017, respectively (38.5 ) (40.0 ) $ (33.4 ) $ (32.0 ) A summary of the changes in "Accumulated other comprehensive loss," net of tax, by component for the three and nine months ended September 30, 2018 and 2017 are as follows: (in millions) Foreign Currency Translation (1) Gains and Losses on Cash Flow Hedges Pension & Postretirement Total Balance at December 31, 2017 $ 4.4 $ 3.6 $ (40.0 ) $ (32.0 ) Other comprehensive (loss) income before reclassifications (0.5 ) 3.4 — 2.9 Amounts reclassified out — (1.0 ) 0.6 (0.4 ) Tax effect 0.5 (0.4 ) (0.1 ) — Net current period other comprehensive (loss) income — 2.0 0.5 2.5 Balance at March 31, 2018 4.4 5.6 (39.5 ) (29.5 ) Other comprehensive loss before reclassifications (6.8 ) (0.9 ) — (7.7 ) Amounts reclassified out — (0.7 ) 0.6 (0.1 ) Tax effect (0.8 ) 0.4 (0.1 ) (0.5 ) Net current period other comprehensive (loss) income (7.6 ) (1.2 ) 0.5 (8.3 ) Balance at June 30, 2018 (3.2 ) 4.4 (39.0 ) (37.8 ) Other comprehensive income before reclassifications 3.7 0.6 — 4.3 Amounts reclassified out — (0.3 ) 0.6 0.3 Tax effect (0.1 ) — (0.1 ) (0.2 ) Net current period other comprehensive income 3.6 0.3 0.5 4.4 Balance at September 30, 2018 $ 0.4 $ 4.7 $ (38.5 ) $ (33.4 ) (1) Income taxes are not provided for foreign currency translation relating to indefinite investments in international subsidiaries, but tax effects within cumulative translation does include the impact of the net investment hedge transaction. Reclassification adjustments are made to avoid double counting in comprehensive income items that are also recorded as part of net income. (in millions) Foreign Currency Translation (1) 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 3.2 (0.5 ) — 2.7 Amounts reclassified out — (0.4 ) 0.5 0.1 Tax effect 0.2 0.3 (0.1 ) 0.4 Net current period other comprehensive income (loss) 3.4 (0.6 ) 0.4 3.2 Balance at March 31, 2017 (6.4 ) 0.2 (34.0 ) (40.2 ) Other comprehensive income before reclassifications 1.5 2.0 — 3.5 Amounts reclassified out — (0.7 ) 0.5 (0.2 ) Tax effect 1.3 (0.6 ) (0.1 ) 0.6 Net current period other comprehensive income 2.8 0.7 0.4 3.9 Balance at June 30, 2017 (3.6 ) 0.9 (33.6 ) (36.3 ) Other comprehensive income (loss) before reclassifications 5.2 3.5 — 8.7 Amounts reclassified out — (2.0 ) 0.5 (1.5 ) Tax effect 0.8 (0.7 ) (0.2 ) (0.1 ) Net current period other comprehensive income 6.0 0.8 0.3 7.1 Balance at September 30, 2017 $ 2.4 $ 1.7 $ (33.3 ) $ (29.2 ) (1) Income taxes are not provided for foreign currency translation relating to indefinite investments in international subsidiaries, but tax effects within cumulative translation does include the impact of the net investment hedge transaction. Reclassification adjustments are made to avoid double counting in comprehensive income items that are also recorded as part of net income.
Reclassification out of Accumulated Other Comprehensive Income	A reconciliation of the reclassifications out of "Accumulated other comprehensive loss," net of tax, for the three months ended September 30, 2018 and 2017 : Three Months Ended September 30, (in millions) 2018 2017 Recognized Location Gains (losses) on cash flow hedges: Foreign currency exchange contracts $ (0.4 ) $ 1.6 Cost of sales Commodity contracts 0.7 0.4 Cost of sales 0.3 2.0 Total before tax — (0.8 ) Income taxes $ 0.3 $ 1.2 Net of tax Amortization of pension and postretirement items: Actuarial losses $ (0.6 ) $ (0.5 ) See Note 16 (0.6 ) (0.5 ) Total before tax 0.1 0.2 Income taxes $ (0.5 ) $ (0.3 ) Net of tax Total reclassifications for the period $ (0.2 ) $ 0.9 Net of tax A reconciliation of the reclassifications out of "Accumulated other comprehensive loss," net of tax, for the nine months ended September 30, 2018 and 2017 : Nine Months Ended September 30, (in millions) 2018 2017 Recognized Location Gains (losses) on cash flow hedges: Foreign currency exchange contracts $ — $ 2.3 Cost of sales Commodity contracts 2.0 0.8 Cost of sales 2.0 3.1 Total before tax (0.4 ) (1.2 ) Income taxes $ 1.6 $ 1.9 Net of tax Amortization of pension and postretirement items: Actuarial losses $ (1.8 ) $ (1.5 ) See Note 16 (1.8 ) (1.5 ) Total before tax 0.3 0.4 Income taxes $ (1.5 ) $ (1.1 ) Net of tax Total reclassifications for the period $ 0.1 $ 0.8 Net of tax

Product Warranties (Tables)

Product Warranties (Tables)	9 Months Ended
	Sep. 30, 2018
Guarantees [Abstract]
Schedule of the Summary of Product Warranty Activity	Below is a table summarizing the product warranty activity for the nine months ended September 30, 2018 : (in millions) Balance at December 31, 2017 (1) $ 36.0 Accruals for warranties issued 30.3 Settlements made (in cash or in kind) (26.4 ) Currency translation impact (0.4 ) Balance at September 30, 2018 (1) $ 39.5 (1) Long-term warranty liabilities are included in "Other long-term liabilities" and totaled $11.8 million and $11.9 million at September 30, 2018 and December 31, 2017 , respectively.

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Sep. 30, 2018
Restructuring and Related Activities [Abstract]
Rollforward of all Restructuring Activities	The following is a rollforward of all restructuring activities for the nine months ended September 30, 2018 : (in millions) Balance at December 31, 2017 $ 16.1 Restructuring charges 5.7 Use of reserve (7.1 ) Non-cash adjustment (1) (0.3 ) Balance at September 30, 2018 $ 14.4 (1) This non-cash adjustment represents the non-cash stock-based compensation expense recognized during the three and nine months ended September 30, 2018 resulting from the accelerated vesting of certain stock awards in connection with the RIF executed in the third quarter of 2018.

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2018
Retirement Benefits [Abstract]
Schedule of Components of Period Benefit Costs	The components of periodic benefit costs for the defined benefit plans for the three and nine months ended September 30, 2018 and 2017 were as follows: Three Months Ended September 30, 2018 2017 (in millions) Pension Plans Postretirement Pension Plans Postretirement Interest cost of projected benefit obligations $ 1.4 $ — $ 1.3 $ 0.1 Expected return on assets (1.5 ) — (1.5 ) — Amortization of actuarial net loss 0.5 0.1 0.5 — Net periodic benefit cost $ 0.4 $ 0.1 $ 0.3 $ 0.1 Nine Months Ended September 30, 2018 2017 (in millions) Pension Plans Postretirement Pension Plans Postretirement Interest cost of projected benefit obligations $ 4.0 $ 0.2 $ 3.9 $ 0.2 Expected return on assets (4.3 ) — (4.5 ) — Amortization of actuarial net loss 1.6 0.2 1.5 — Net periodic benefit cost $ 1.3 $ 0.4 $ 0.9 $ 0.2

Business Segments (Tables)

Business Segments (Tables)	9 Months Ended
	Sep. 30, 2018
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 and nine months ended September 30, 2018 and 2017 respectively is as follows: Three Months Ended September 30, Nine Months Ended September 30, (in millions, except percentage data) 2018 2017 2018 2017 Net sales: Americas $ 322.8 $ 302.2 $ 931.2 $ 875.8 EMEA 98.5 80.3 278.8 224.2 APAC 60.7 51.8 161.9 138.4 Elimination of intersegment sales (69.1 ) (53.9 ) (187.9 ) (158.9 ) Total net sales $ 412.9 $ 380.4 $ 1,184.0 $ 1,079.5 Segment Adjusted Operating EBITDA: Americas $ 69.0 $ 66.3 $ 178.1 $ 172.2 EMEA 16.3 17.4 52.8 45.0 APAC 8.4 7.6 21.4 19.3 Total Segment Adjusted Operating EBITDA 93.7 91.3 252.3 236.5 Corporate and unallocated (7.0 ) (9.4 ) (34.8 ) (34.7 ) Amortization expense (9.9 ) (7.9 ) (27.2 ) (23.4 ) Depreciation expense (4.5 ) (4.1 ) (13.2 ) (12.1 ) Transaction costs (1) (0.8 ) — (6.7 ) — Separation expense — (0.3 ) (0.1 ) (1.5 ) Restructuring expense (3.9 ) (2.8 ) (5.7 ) (8.5 ) Gain from impairment or disposal of assets — net 0.1 3.9 0.3 4.1 Earnings from operations 67.7 70.7 164.9 160.4 Interest expense (23.3 ) (21.7 ) (66.7 ) (65.9 ) Loss on early extinguishment of debt — (1.0 ) — (1.7 ) Other expense — net (4.9 ) (3.0 ) (28.7 ) (8.2 ) Earnings before income taxes $ 39.5 $ 45.0 $ 69.5 $ 84.6 (1) Transaction costs include costs related to inventory fair value purchase accounting adjustments recorded in "Cost of sales" and professional services and other direct acquisition and integration costs recorded in "Selling, general and administrative expenses." Adjusted Operating EBITDA % by segment (2) : Americas 21.4 % 21.9 % 19.1 % 19.7 % EMEA 16.5 % 21.7 % 18.9 % 20.1 % APAC 13.8 % 14.7 % 13.2 % 13.9 % (2) Adjusted Operating EBITDA % in the section above is calculated by dividing Adjusted Operating EBITDA by net sales for each respective segment. Net sales by geographic area (3) : United States $ 260.2 $ 248.9 $ 753.3 $ 710.3 Other Americas 28.5 23.1 85.3 70.9 EMEA 77.8 62.6 218.5 179.2 APAC 46.4 45.8 126.9 119.1 Total net sales by geographic area $ 412.9 $ 380.4 $ 1,184.0 $ 1,079.5 (3) Net sales in the section above are attributed to geographic regions based on location of customer. As of September 30, 2018 and December 31, 2017 , total assets by reportable segment are as follows: (in millions) September 30, 2018 December 31, 2017 Total assets by segment: Americas $ 1,454.6 $ 1,445.6 EMEA 333.9 112.1 APAC 162.1 128.7 Corporate 138.3 154.0 Total assets $ 2,088.9 $ 1,840.4

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
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 weighted average shares outstanding used to compute basic and diluted earnings per share. Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Weighted average shares outstanding — Basic 140,154,735 139,162,556 139,955,166 138,978,203 Effect of dilutive securities: Stock options 664,314 888,095 670,407 849,018 Unvested restricted stock 290,228 540,122 436,805 594,470 Unvested performance share units 239,908 294,253 219,690 197,696 Effect of dilutive securities 1,194,450 1,722,470 1,326,902 1,641,184 Weighted average shares outstanding — Diluted 141,349,185 140,885,026 141,282,068 140,619,387

Restatement and Revision of P_2

Restatement and Revision of Previously Issued Consolidated Financial Statements (Tables)	9 Months Ended
	Sep. 30, 2018
Accounting Changes and Error Corrections [Abstract]
Schedule of Effect of Corrections	The following tables set forth the effect these error corrections had on the Company’s unaudited consolidated statements of operations by financial statement line item. Three Months Ended March 31, 2017 (in millions, except per share data) As Reported Adjustment As Revised Loss on early extinguishment of debt $ 3.2 $ (2.7 ) $ 0.5 Other expense — net 1.8 0.1 1.9 Earnings before income taxes 7.1 2.6 9.7 Income taxes 2.1 0.7 2.8 Net earnings 5.0 1.9 6.9 Per share data Earnings per share — Basic $ 0.04 $ 0.01 $ 0.05 Earnings per share — Diluted $ 0.04 $ 0.01 $ 0.05 Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 (in millions, except per share data) As Reported Adjustment As Revised As Reported Adjustment As Revised Loss on early extinguishment of debt $ 0.2 $ — $ 0.2 $ 3.4 $ (2.7 ) $ 0.7 Other expense — net 3.3 — 3.3 5.1 0.1 5.2 Earnings before income taxes 29.9 — 29.9 37.0 2.6 39.6 Income taxes (0.2 ) 1.7 1.5 1.9 2.4 4.3 Net earnings 30.1 (1.7 ) 28.4 35.1 0.2 35.3 Per share data Earnings per share — Basic $ 0.22 $ (0.02 ) $ 0.20 $ 0.25 $ — $ 0.25 Earnings per share — Diluted $ 0.21 $ (0.01 ) $ 0.20 $ 0.25 $ — $ 0.25 Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (in millions, except per share data) As Reported Effect of Accounting Adoption (1) Adjustment As Revised As Reported Effect of Accounting Adoption (1) Adjustment As Revised Selling, general and administrative expenses (1) $ 66.5 $ (0.4 ) $ — $ 66.1 $ 215.5 $ (1.1 ) $ — $ 214.4 Loss on early extinguishment of debt 1.0 — — 1.0 4.4 — (2.7 ) 1.7 Other expense — net (1) 2.6 0.4 — 3.0 7.0 1.1 0.1 8.2 Earnings before income taxes 45.0 — — 45.0 82.0 — 2.6 84.6 Income taxes 11.9 — 2.4 14.3 13.8 — 4.8 18.6 Net earnings 33.1 — (2.4 ) 30.7 68.2 — (2.2 ) 66.0 Per share data Earnings per share — Basic $ 0.24 $ — $ (0.02 ) $ 0.22 $ 0.49 $ — $ (0.02 ) $ 0.47 Earnings per share — Diluted $ 0.24 $ — $ (0.02 ) $ 0.22 $ 0.49 $ — $ (0.02 ) $ 0.47 (1) Effect of accounting adoption relates to periodic pension costs that have been reclassified from "Selling, general and administrative expenses" to "Other expense — net" in accordance with the adoption of accounting guidance in ASU 2017-07. Three Months Ended December 31, 2017 Year Ended December 31, 2017 (in millions, except per share data) As Reported Effect of Accounting Adoption (1) Adjustment As Revised As Reported Effect of Accounting Adoption (1) Adjustment As Revised Selling, general and administrative expenses (1) $ 62.7 (0.4 ) $ — $ 62.3 $ 278.2 $ (1.5 ) $ — $ 276.7 Loss on early extinguishment of debt — — — — 4.4 — (2.7 ) 1.7 Other expense — net (1) 2.0 0.4 — 2.4 9.0 1.5 0.1 10.6 Earnings before income taxes 36.8 — — 36.8 118.8 — 2.6 121.4 Income taxes (29.0 ) — (1.1 ) (30.1 ) (15.2 ) — 3.7 (11.5 ) Net earnings 65.8 — 1.1 66.9 134.0 — (1.1 ) 132.9 Per share data Earnings per share — Basic $ 0.47 $ — $ 0.01 $ 0.48 $ 0.96 $ — $ — $ 0.96 Earnings per share — Diluted $ 0.47 $ — $ — $ 0.47 $ 0.95 $ — $ (0.01 ) $ 0.94 (1) Effect of accounting adoption relates to periodic pension costs that have been reclassified from "Selling, general and administrative expenses" to "Other expense — net" in accordance with the adoption of accounting guidance in ASU 2017-07. Three Months Ended March 31, 2018 (in millions) As Reported Adjustment As Revised Income taxes $ 0.3 $ 0.1 $ 0.4 Net earnings 12.5 (0.1 ) 12.4 Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in millions, except per share data) As Reported Adjustment As Revised As Reported Adjustment As Revised Income taxes $ 5.1 $ 0.1 $ 5.2 $ 5.4 $ 0.2 $ 5.6 Net earnings 12.1 (0.1 ) 12.0 24.6 (0.2 ) 24.4 Per share data Earnings per share — Basic $ 0.09 $ — $ 0.09 $ 0.18 $ (0.01 ) $ 0.17 Earnings per share — Diluted $ 0.09 $ — $ 0.09 $ 0.17 $ — $ 0.17 The following tables summarize the effects these corrections had on the Company's unaudited consolidated statements of comprehensive income by financial statement line item: Three Months Ended March 31, 2017 (in millions) As Reported Adjustment As Revised Net earnings $ 5.0 $ 1.9 $ 6.9 Foreign currency translation adjustments 7.0 (3.6 ) 3.4 Total other comprehensive income, net of tax 6.8 (3.6 ) 3.2 Comprehensive income 11.8 (1.7 ) 10.1 Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net earnings $ 30.1 $ (1.7 ) $ 28.4 $ 35.1 $ 0.2 $ 35.3 Foreign currency translation adjustments 3.7 (0.9 ) 2.8 10.7 (4.5 ) 6.2 Total other comprehensive (loss) income, net of tax 4.8 (0.9 ) 3.9 11.6 (4.5 ) 7.1 Comprehensive income 34.9 (2.6 ) 32.3 46.7 (4.3 ) 42.4 Three Months Ended September 30, 2017 Nine Months Ended September 30, 2017 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net earnings $ 33.1 $ (2.4 ) $ 30.7 $ 68.2 $ (2.2 ) $ 66.0 Foreign currency translation adjustments 1.4 4.6 6.0 12.1 0.1 12.2 Total other comprehensive income, net of tax 2.5 4.6 7.1 14.1 0.1 14.2 Comprehensive income 35.6 2.2 37.8 82.3 (2.1 ) 80.2 Three Months Ended March 31, 2018 (in millions) As Reported Adjustment As Revised Net earnings $ 12.5 $ (0.1 ) $ 12.4 Foreign currency translation adjustments 0.1 (0.1 ) — Total other comprehensive income, net of tax 2.6 (0.1 ) 2.5 Comprehensive income 15.1 (0.2 ) 14.9 Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 (in millions) As Reported Adjustment As Revised As Reported Adjustment As Revised Net earnings $ 12.1 $ (0.1 ) $ 12.0 $ 24.6 $ (0.2 ) $ 24.4 Foreign currency translation adjustments (7.6 ) — (7.6 ) (7.5 ) (0.1 ) (7.6 ) Total other comprehensive loss, net of tax (8.3 ) — (8.3 ) (5.7 ) (0.1 ) (5.8 ) Comprehensive income 3.8 (0.1 ) 3.7 18.9 (0.3 ) 18.6 The following tables summarize the effects these corrections had on the Company's unaudited consolidated balance sheets by financial statement line item: March 31, 2017 (in millions) As Reported Adjustment As Revised Prepaids and other current assets $ 25.8 $ (0.1 ) $ 25.7 Total current assets 379.6 (0.1 ) 379.5 Other non-current assets 26.3 (1.8 ) 24.5 Total assets 1,837.1 (1.9 ) 1,835.2 Accrued expenses and other liabilities 137.7 3.9 141.6 Total current liabilities 284.8 3.9 288.7 Deferred income taxes 136.3 7.1 143.4 Other long-term liabilities 43.0 1.8 44.8 Total non-current liabilities 1,578.6 8.9 1,587.5 Additional paid-in capital (deficit) (66.6 ) 1.3 (65.3 ) Retained earnings 75.5 (12.4 ) 63.1 Accumulated other comprehensive income (loss) (36.6 ) (3.6 ) (40.2 ) Total equity (deficit) (26.3 ) (14.7 ) (41.0 ) Total liabilities and equity 1,837.1 (1.9 ) 1,835.2 June 30, 2017 (in millions) As Reported Adjustment As Revised Other non-current assets $ 35.5 $ 0.1 $ 35.6 Total assets 1,867.7 0.1 1,867.8 Accounts payable 120.1 1.5 121.6 Accrued expenses and other liabilities 159.9 4.0 163.9 Total current liabilities 308.9 5.5 314.4 Deferred income taxes 136.3 7.2 143.5 Other long-term liabilities 38.7 4.6 43.3 Total non-current liabilities 1,547.5 11.8 1,559.3 Additional paid-in capital (deficit) (63.9 ) 1.4 (62.5 ) Retained earnings 105.6 (14.1 ) 91.5 Accumulated other comprehensive income (loss) (31.8 ) (4.5 ) (36.3 ) Total equity (deficit) 11.3 (17.2 ) (5.9 ) Total liabilities and equity 1,867.7 0.1 1,867.8 September 30, 2017 (in millions) As Reported Adjustment As Revised Accrued expenses and other liabilities $ 162.9 $ 7.8 $ 170.7 Total current liabilities 299.5 7.8 307.3 Additional paid-in capital (deficit) (66.8 ) 8.6 (58.2 ) Retained earnings 138.7 (16.5 ) 122.2 Accumulated other comprehensive income (loss) (29.3 ) 0.1 (29.2 ) Total equity 44.0 (7.8 ) 36.2 March 31, 2018 (in millions) As Reported Adjustment As Revised Accrued expenses and other liabilities $ 138.2 $ 8.0 $ 146.2 Total current liabilities 278.0 8.0 286.0 Deferred income taxes 91.7 (1.0 ) 90.7 Total non-current liabilities 1,488.5 (1.0 ) 1,487.5 Additional paid-in capital (deficit) (57.6 ) 8.6 (49.0 ) Retained earnings 218.1 (15.5 ) 202.6 Accumulated other comprehensive loss (29.4 ) (0.1 ) (29.5 ) Total equity 132.3 (7.0 ) 125.3 June 30, 2018 (in millions) As Reported Adjustment As Revised Accrued expenses and other liabilities $ 139.6 $ 8.2 $ 147.8 Total current liabilities 322.8 8.2 331.0 Deferred income taxes 120.7 (1.1 ) 119.6 Total non-current liabilities 1,647.7 (1.1 ) 1,646.6 Additional paid-in capital (deficit) (52.9 ) 8.6 (44.3 ) Retained earnings 230.2 (15.6 ) 214.6 Accumulated other comprehensive loss (37.7 ) (0.1 ) (37.8 ) Total equity 140.8 (7.1 ) 133.7 The following tables summarize the effects these corrections had on the Company's unaudited consolidated statements of cash flows by financial statement line item: Three Months Ended March 31, 2017 (in millions) As Reported Adjustment As Revised Net earnings $ 5.0 $ 1.9 $ 6.9 Amortization of debt issuance costs 1.3 0.1 1.4 Loss on early extinguishment of debt 3.2 (2.7 ) 0.5 Other current and long-term liabilities (46.9 ) 0.7 (46.2 ) Net cash used in operating activities (164.4 ) — (164.4 ) Six Months Ended June 30, 2017 (in millions) As Reported Adjustment As Revised Net earnings $ 35.1 $ 0.2 $ 35.3 Amortization of debt issuance costs 2.6 0.1 2.7 Loss on early extinguishment of debt 3.4 (2.7 ) 0.7 Other current and long-term liabilities (23.1 ) 2.4 (20.7 ) Net cash used in operating activities (254.0 ) — (254.0 ) Nine Months Ended September 30, 2017 (in millions) As Reported Effect of Accounting Adoption (1)(2)(3) Adjustment As Revised Net earnings $ 68.2 $ — $ (2.2 ) $ 66.0 Amortization of debt issuance costs 4.0 — 0.1 4.1 Loss on early extinguishment of debt 4.4 — (2.7 ) 1.7 Accounts receivable (1)(3) 9.1 (404.5 ) — (395.4 ) Other current and long-term liabilities (21.2 ) — 8.8 (12.4 ) Net cash provided by (used in) operating activities (1)(3) 65.8 (404.5 ) 4.0 (334.7 ) Cash receipts on beneficial interest in sold receivables (1) — 404.6 — 404.6 Change in restricted cash (2) 6.3 (6.3 ) — — Net cash provided by investing activities (1)(2) 4.5 398.3 — 402.8 Payments on tax withholdings for equity awards — — (4.0 ) (4.0 ) Net cash provided by financing activities 11.3 — (4.0 ) 7.3 Net increase in cash and cash equivalents and restricted cash (1)(2) 74.6 (6.2 ) — 68.4 Balance at beginning of period (2) 53.8 6.4 — 60.2 Balance at end of period (2) 128.4 0.2 — 128.6 (1) As a result of the adoption of ASU 2016-15, "Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments," the Company reclassified consideration received for the beneficial interest obtained for transferring trade receivables in securitization transactions from operating activities to investing activities on the consolidated statements of cash flows for the nine months ended September 30, 2017 . (2) As a result of the adoption of ASU 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash," beginning and ending cash and cash equivalents shown on the consolidated statements of cash flows for the nine months ended September 30, 2017 were increased for restricted cash and cash flows provided by investing activities were reduced. (3) Amounts included in the Effect of Accounting Adoption presentation for this line item reflect a rounding adjustment. Three Months Ended March 31, 2018 (in millions) As Reported Adjustment As Revised Net earnings $ 12.5 $ (0.1 ) $ 12.4 Other long-term liabilities (30.1 ) 0.1 (30.0 ) Net cash used in operating activities (153.5 ) — (153.5 ) Six Months Ended June 30, 2018 (in millions) As Reported Adjustment As Revised Net earnings $ 24.6 $ (0.2 ) $ 24.4 Other current and long-term liabilities (27.2 ) 0.2 (27.0 ) Net cash used in operating activities (288.0 ) — (288.0 ) The following tables summarize the effects these corrections had on the Company's unaudited consolidated statements of equity by financial statement line item: (in millions) As Reported Adjustment As Revised Balance at December 31, 2017 Additional Paid-In Capital (Deficit) $ (63.3 ) $ 8.6 $ (54.7 ) Retained Earnings 204.5 (15.4 ) 189.1 Total Equity (Deficit) 110.4 (6.8 ) 103.6 Net earnings 12.5 (0.1 ) 12.4 Other comprehensive income 2.6 (0.1 ) 2.5 Balance at March 31, 2018 132.3 (7.0 ) 125.3 (in millions) As Reported Adjustment As Revised Balance at March 31, 2018 Additional Paid-In Capital (Deficit) $ (57.6 ) $ 8.6 $ (49.0 ) Retained Earnings 218.1 (15.5 ) 202.6 Accumulated Other Comprehensive Loss (29.4 ) (0.1 ) (29.5 ) Total Equity 132.3 (7.0 ) 125.3 Net earnings 12.1 (0.1 ) 12.0 Balance at June 30, 2018 140.8 (7.1 ) 133.7 (in millions) As Reported Adjustment As Revised Balance at June 30, 2018 Additional Paid-In Capital (Deficit) $ (52.9 ) $ 8.6 $ (44.3 ) Retained Earnings 230.2 (15.6 ) 214.6 Accumulated Other Comprehensive Loss (37.7 ) (0.1 ) (37.8 ) (in millions) As Reported Adjustment As Revised Balance at December 31, 2016 Additional Paid-In Capital (Deficit) $ (72.0 ) $ 1.4 $ (70.6 ) Retained Earnings 70.5 (14.3 ) 56.2 Total Equity (Deficit) (43.5 ) (12.9 ) (56.4 ) Net earnings 5.0 1.9 6.9 Other comprehensive income 6.8 (3.6 ) 3.2 Balance at March 31, 2017 (26.3 ) (14.7 ) (41.0 ) (in millions) As Reported Adjustment As Revised Balance at March 31, 2017 Additional Paid-In Capital (Deficit) $ (66.6 ) $ 1.3 $ (65.3 ) Retained Earnings 75.5 (12.4 ) 63.1 Accumulated Other Comprehensive Loss (36.6 ) (3.6 ) (40.2 ) Total Equity (Deficit) (26.3 ) (14.7 ) (41.0 ) Net earnings 30.1 (1.7 ) 28.4 Other comprehensive income 4.8 (0.9 ) 3.9 Balance at June 30, 2017 11.3 (17.2 ) (5.9 ) (in millions) As Reported Adjustment As Revised Balance at June 30, 2017 Additional Paid-In Capital (Deficit) $ (63.9 ) $ 1.4 $ (62.5 ) Retained Earnings 105.6 (14.1 ) 91.5 Accumulated Other Comprehensive Loss (31.8 ) (4.5 ) (36.3 ) Total Equity (Deficit) 11.3 (17.2 ) (5.9 ) Net earnings 33.1 (2.4 ) 30.7 Other comprehensive income 2.5 4.6 7.1 Balance at September 30, 2017 44.0 (7.8 ) 36.2

Subsidiary Guarantors of Seni_2

Subsidiary Guarantors of Senior Notes (Tables)	9 Months Ended
	Sep. 30, 2018
Condensed Financial Information Disclosure [Abstract]
Consolidating Statement of Operations	WELBILT, INC. Consolidating Statement of Operations (Unaudited) Three Months Ended September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 290.3 $ 234.1 $ (111.5 ) $ 412.9 Cost of sales 1.1 214.7 155.5 (111.5 ) 259.8 Gross profit (1.1 ) 75.6 78.6 — 153.1 Selling, general and administrative expenses 5.3 35.3 31.1 — 71.7 Amortization expense — 7.1 2.8 — 9.9 Restructuring expense 1.4 1.1 1.4 — 3.9 Gain from impairment or disposal of assets — net — (0.1 ) — — (0.1 ) (Loss) earnings from operations (7.8 ) 32.2 43.3 — 67.7 Interest expense 21.0 0.2 2.1 — 23.3 Other (income) expense — net (4.3 ) (5.5 ) 14.7 — 4.9 Equity in earnings (loss) of subsidiaries 51.6 19.6 — (71.2 ) — Earnings (loss) before income taxes 27.1 57.1 26.5 (71.2 ) 39.5 Income tax expense 0.3 5.5 6.9 — 12.7 Net earnings (loss) $ 26.8 $ 51.6 $ 19.6 $ (71.2 ) $ 26.8 Total other comprehensive income (loss), net of tax 4.3 3.4 3.7 (7.0 ) 4.4 Comprehensive income (loss) $ 31.1 $ 55.0 $ 23.3 $ (78.2 ) $ 31.2 WELBILT, INC. Consolidating Statement of Operations (Unaudited) Three Months Ended September 30, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 273.8 $ 198.8 $ (92.2 ) $ 380.4 Cost of sales 1.2 187.0 140.5 (92.2 ) 236.5 Gross profit (1.2 ) 86.8 58.3 — 143.9 Selling, general and administrative expenses 9.2 34.4 22.5 — 66.1 Amortization expense — 7.1 0.8 — 7.9 Separation expense 0.3 — — — 0.3 Restructuring expense 0.1 2.4 0.3 — 2.8 Gain from impairment or disposal of assets — net — (0.1 ) (3.8 ) — (3.9 ) (Loss) earnings from operations (10.8 ) 43.0 38.5 — 70.7 Interest expense 20.7 0.3 0.7 — 21.7 Loss on early extinguishment of debt 1.0 — — — 1.0 Other (income) expense — net (2.6 ) (7.4 ) 13.0 — 3.0 Equity in earnings (loss) of subsidiaries 49.7 20.5 — (70.2 ) — Earnings (loss) before income taxes 19.8 70.6 24.8 (70.2 ) 45.0 Income taxes (benefit) expense (10.9 ) 20.9 4.3 — 14.3 Net earnings (loss) $ 30.7 $ 49.7 $ 20.5 $ (70.2 ) $ 30.7 Total other comprehensive income (loss), net of tax 7.1 7.3 6.6 (13.9 ) 7.1 Comprehensive income (loss) $ 37.8 $ 57.0 $ 27.1 $ (84.1 ) $ 37.8 WELBILT, INC. Consolidating Statement of Operations (Unaudited) Nine Months Ended September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 842.1 $ 687.4 $ (345.5 ) $ 1,184.0 Cost of sales 2.8 630.9 467.2 (345.5 ) 755.4 Gross profit (2.8 ) 211.2 220.2 — 428.6 Selling, general and administrative expenses 24.5 110.7 95.8 — 231.0 Amortization expense — 21.4 5.8 — 27.2 Separation expense 0.1 — — — 0.1 Restructuring expense 1.4 1.2 3.1 — 5.7 Gain from impairment or disposal of assets — net — (0.3 ) — — (0.3 ) (Loss) earnings from operations (28.8 ) 78.2 115.5 — 164.9 Interest expense 61.2 0.7 4.8 — 66.7 Other (income) expense — net (12.3 ) (17.6 ) 58.6 — 28.7 Equity in earnings (loss) of subsidiaries 107.7 33.5 — (141.2 ) — Earnings (loss) before income taxes 30.0 128.6 52.1 (141.2 ) 69.5 Income tax (benefit) expense (21.2 ) 20.9 18.6 — 18.3 Net earnings (loss) $ 51.2 $ 107.7 $ 33.5 $ (141.2 ) $ 51.2 Total other comprehensive (loss) income, net of tax (1.5 ) (8.8 ) (5.5 ) 14.4 (1.4 ) Comprehensive income (loss) $ 49.7 $ 98.9 $ 28.0 $ (126.8 ) $ 49.8 WELBILT, INC. Consolidating Statement of Operations (Unaudited) Nine Months Ended September 30, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Net sales $ — $ 792.4 $ 567.2 $ (280.1 ) $ 1,079.5 Cost of sales 2.9 555.7 396.9 (280.1 ) 675.4 Gross profit (2.9 ) 236.7 170.3 — 404.1 Selling, general and administrative expenses 28.3 116.1 70.0 — 214.4 Amortization expense — 21.3 2.1 — 23.4 Separation expense 1.5 — — — 1.5 Restructuring expense 4.9 3.2 0.4 — 8.5 Gain from impairment or disposal of assets — net — (0.5 ) (3.6 ) — (4.1 ) (Loss) earnings from operations (37.6 ) 96.6 101.4 — 160.4 Interest expense 63.1 0.8 2.0 — 65.9 Loss on early extinguishment of debt 1.7 — — — 1.7 Other (income) expense — net (7.3 ) (21.7 ) 37.2 — 8.2 Equity in earnings (loss) of subsidiaries 127.8 56.3 — (184.1 ) — Earnings (loss) before income taxes 32.7 173.8 62.2 (184.1 ) 84.6 Income tax (benefit) expense (33.3 ) 46.0 5.9 — 18.6 Net earnings (loss) $ 66.0 $ 127.8 $ 56.3 $ (184.1 ) $ 66.0 Total other comprehensive income (loss), net of tax 14.2 18.2 15.4 (33.6 ) 14.2 Comprehensive income (loss) $ 80.2 $ 146.0 $ 71.7 $ (217.7 ) $ 80.2
Consolidating Balance Sheet	WELBILT, INC. Consolidating Balance Sheet (Unaudited) September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 0.4 $ 0.3 $ 92.7 $ — $ 93.4 Restricted cash — — 0.3 — 0.3 Accounts receivable — net — — 122.1 (3.7 ) 118.4 Inventories — net — 90.5 110.7 — 201.2 Prepaids and other current assets 7.5 6.0 13.2 — 26.7 Total current assets 7.9 96.8 339.0 (3.7 ) 440.0 Property, plant and equipment — net 0.3 70.5 45.8 — 116.6 Goodwill — 832.4 103.9 — 936.3 Other intangible assets — net 3.0 374.9 180.4 — 558.3 Intercompany long-term note receivable 20.0 20.0 — (40.0 ) — Due from affiliates — 3,317.2 — (3,317.2 ) — Investment in subsidiaries 4,117.1 — — (4,117.1 ) — Other non-current assets 11.4 4.3 32.4 (10.4 ) 37.7 Total assets $ 4,159.7 $ 4,716.1 $ 701.5 $ (7,488.4 ) $ 2,088.9 Liabilities and equity Current liabilities: Accounts payable $ 0.3 $ 57.7 $ 58.9 $ (3.7 ) $ 113.2 Accrued expenses and other liabilities 10.4 88.4 52.6 — 151.4 Short-term borrowings — — 30.0 — 30.0 Current portion of capital leases — 0.4 0.1 — 0.5 Product warranties — 17.9 9.8 — 27.7 Total current liabilities 10.7 164.4 151.4 (3.7 ) 322.8 Long-term debt and capital leases 1,282.0 0.9 75.8 — 1,358.7 Deferred income taxes 72.5 — 48.1 — 120.6 Pension and postretirement health obligations 47.0 4.6 — (10.4 ) 41.2 Intercompany long-term note payable 15.7 — 24.3 (40.0 ) — Due to affiliates 2,517.0 — 800.2 (3,317.2 ) — Investment in subsidiaries — 406.7 — (406.7 ) — Other long-term liabilities 49.7 22.4 8.4 — 80.5 Total non-current liabilities 3,983.9 434.6 956.8 (3,774.3 ) 1,601.0 Total equity (deficit): Total equity (deficit) 165.1 4,117.1 (406.7 ) (3,710.4 ) 165.1 Total liabilities and equity $ 4,159.7 $ 4,716.1 $ 701.5 $ (7,488.4 ) $ 2,088.9 WELBILT, INC. Consolidating Balance Sheet (Audited) December 31, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ 8.8 $ — $ 120.4 $ (0.8 ) $ 128.4 Restricted cash — — 0.3 — 0.3 Accounts receivable — net — — 84.7 (1.0 ) 83.7 Inventories — net — 69.8 82.5 — 152.3 Prepaids and other current assets 5.3 5.9 7.8 — 19.0 Total current assets 14.1 75.7 295.7 (1.8 ) 383.7 Property, plant and equipment — net 0.5 68.7 43.0 — 112.2 Goodwill — 832.4 13.7 — 846.1 Other intangible assets — net — 396.3 65.1 — 461.4 Intercompany long-term note receivable — 20.0 — (20.0 ) — Due from affiliates — 3,252.8 — (3,252.8 ) — Investment in subsidiaries 4,009.4 — — (4,009.4 ) — Other non-current assets 10.8 5.2 28.7 (7.7 ) 37.0 Total assets $ 4,034.8 $ 4,651.1 $ 446.2 $ (7,291.7 ) $ 1,840.4 Liabilities and equity Current liabilities: Accounts payable $ 0.2 $ 58.2 $ 47.0 $ (1.8 ) $ 103.6 Accrued expenses and other liabilities 20.7 95.9 52.9 — 169.5 Current portion of capital leases — 0.5 0.2 — 0.7 Product warranties — 16.2 7.9 — 24.1 Total current liabilities 20.9 170.8 108.0 (1.8 ) 297.9 Long-term debt and capital leases 1,230.2 1.2 0.8 — 1,232.2 Deferred income taxes 73.7 — 17.6 — 91.3 Pension and postretirement health obligations 51.3 4.7 — (7.7 ) 48.3 Intercompany long-term note payable 15.7 — 4.3 (20.0 ) — Due to affiliates 2,501.4 — 751.4 (3,252.8 ) — Investment in subsidiaries — 440.2 — (440.2 ) — Other long-term liabilities 38.0 24.8 4.3 — 67.1 Total non-current liabilities 3,910.3 470.9 778.4 (3,720.7 ) 1,438.9 Total equity (deficit): Total equity (deficit) 103.6 4,009.4 (440.2 ) (3,569.2 ) 103.6 Total liabilities and equity $ 4,034.8 $ 4,651.1 $ 446.2 $ (7,291.7 ) $ 1,840.4
Consolidating Statement of Cash Flows	WELBILT, INC. Consolidating Statement of Cash Flows (Unaudited) Nine Months Ended September 30, 2018 (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash (used in) provided by operating activities $ (65.4 ) $ 74.2 $ (430.6 ) $ 0.5 $ (421.3 ) Cash flows from investing activities Cash receipts on beneficial interest in sold receivables — — 463.6 — 463.6 Capital expenditures (0.2 ) (9.2 ) (4.6 ) — (14.0 ) Acquisition of intangible assets (2.8 ) — — — (2.8 ) Business acquisition, net of cash acquired — — (215.6 ) — (215.6 ) Settlement of foreign exchange contract — — (10.0 ) — (10.0 ) Intercompany investment — (64.4 ) 68.8 (4.4 ) — Net cash (used in) provided by investing activities (3.0 ) (73.6 ) 302.2 (4.4 ) 221.2 Cash flows from financing activities Proceeds from long-term debt 176.0 — 100.0 — 276.0 Repayments on long-term debt and capital leases (114.0 ) (0.3 ) (25.2 ) — (139.5 ) Debt issuance costs (0.4 ) — — — (0.4 ) Proceeds from short-term borrowings — — 30.0 — 30.0 Exercises of stock options 6.0 — — — 6.0 Payments on tax withholdings for equity awards (2.9 ) — — — (2.9 ) Intercompany financing (4.7 ) — — 4.7 — Net cash provided by (used in) financing activities 60.0 (0.3 ) 104.8 4.7 169.2 Effect of exchange rate changes on cash — — (4.1 ) — (4.1 ) Net (decrease) increase in cash and cash equivalents and restricted cash (8.4 ) 0.3 (27.7 ) 0.8 (35.0 ) Balance at beginning of period 8.8 — 120.7 (0.8 ) 128.7 Balance at end of period $ 0.4 $ 0.3 $ 93.0 $ — $ 93.7 WELBILT, INC. Consolidating Statement of Cash Flows (Unaudited) Nine Months Ended September 30, 2017 (in millions) Parent Guarantor Non- Eliminations Consolidated Cash flows from operating activities Net cash (used in) provided by operating activities $ (25.9 ) $ 69.4 $ (378.2 ) $ — $ (334.7 ) Cash flows from investing activities Cash receipts on beneficial interest in sold receivables — — 404.6 — 404.6 Capital expenditures (0.4 ) (8.9 ) (4.8 ) — (14.1 ) Proceeds from sale of property, plant and equipment — 6.0 6.3 — 12.3 Intercompany investment — (65.6 ) — 65.6 — Net cash (used in) provided by investing activities (0.4 ) (68.5 ) 406.1 65.6 402.8 Cash flows from financing activities Proceeds from long-term debt 140.3 — 0.6 — 140.9 Repayments on long-term debt and capital leases (133.8 ) (0.3 ) (0.7 ) — (134.8 ) Debt issuance costs (2.0 ) — — — (2.0 ) Changes in short-term borrowings — — 4.0 — 4.0 Exercises of stock options 3.2 — — — 3.2 Payments on tax withholdings for equity awards (4.0 ) — — — (4.0 ) Intercompany financing 29.8 — 35.8 (65.6 ) — Net cash provided by (used in) financing activities 33.5 (0.3 ) 39.7 (65.6 ) 7.3 Effect of exchange rate changes on cash — — (7.0 ) — (7.0 ) Net change in cash and cash equivalents and restricted cash 7.2 0.6 60.6 — 68.4 Balance at beginning of period 0.4 2.3 57.5 — 60.2 Balance at end of period $ 7.6 $ 2.9 $ 118.1 $ — $ 128.6

Description of the Business (De

Description of the Business (Details)	9 Months Ended
	Sep. 30, 2018segment
Accounting Policies [Abstract]
Number of segments	3

Summary of Significant Accoun_4

Summary of Significant Accounting Policies and Basis of Presentation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended					6 Months Ended		9 Months Ended
	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase to cash and cash equivalents balance	$ 93.4		$ 128.4					$ 93.4
Increase (decrease) to cash flows provided by investing activities								221.2	$ 402.8
Decrease in cash flow from operating activities		$ 153.5			$ 164.4	$ 288	$ 254	$ 421.3	334.7
Standard product warranty, low end of range (in months)								12 months
Standard product warranty, high end of range (in months)								60 months
Deferred revenue expected to be recognized	3.4		4.2					$ 3.4
Pension Plans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net periodic (benefit) cost	(0.4)			$ (0.3)				(1.3)	(0.9)
Postretirement Health and Other Plans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net periodic (benefit) cost	(0.1)			(0.1)				(0.4)	(0.2)
Accounting Standards Update 2016-18
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase to cash and cash equivalents balance				0.2					0.2	$ 6.4
Increase (decrease) to cash flows provided by investing activities									(6.3)
Accounting Standards Update 2016-15
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Increase (decrease) to cash flows provided by investing activities									404.6
Decrease in cash flow from operating activities									404.6
Selling, General and Administrative Expenses | Accounting Standard Update 2017-07 | Pension Plans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net periodic (benefit) cost			0.4						1.1
Other Expense | Accounting Standard Update 2017-07 | Pension Plans
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net periodic (benefit) cost				$ (0.4)					$ (1.1)
Extended Warranties
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred revenue expected to be recognized	6.2		$ 6.7					6.2
Deferred revenue recognized	0.4							1.2
Performance Obligations not Yet Met
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Deferred revenue expected to be recognized	$ 0.9							$ 0.9

Summary of Significant Accoun_5

Summary of Significant Accounting Policies and Basis of Presentation - Cumulative Adjustments on the Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2018	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017	Sep. 30, 2017
Assets
Inventories — net	$ 201.2		$ 153.4	$ 152.3
Equity:
Retained earnings	$ 241.4	$ 202.6	205.6	189.1	$ 122.2
Calculated under Revenue Guidance in Effect before Topic 606
Assets
Inventories — net				152.3
Equity:
Retained earnings				$ 204.5
Adjustments Due to ASU 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606
Assets
Inventories — net			1.1
Equity:
Retained earnings			$ 1.1

Summary of Significant Accoun_6

Summary of Significant Accounting Policies and Basis of Presentation - Schedule of Disaggregation of Revenue by Major Source and Geographic Location (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disaggregation of Revenue [Line Items]
Total net sales	$ 412.9	$ 380.4	$ 1,184	$ 1,079.5
Commercial Foodservice Whole Goods
Disaggregation of Revenue [Line Items]
Total net sales	346		994.4
Aftermarket Parts and Support
Disaggregation of Revenue [Line Items]
Total net sales	66.9		189.6
Americas
Disaggregation of Revenue [Line Items]
Total net sales	285		829.7
Americas | Commercial Foodservice Whole Goods
Disaggregation of Revenue [Line Items]
Total net sales	237.3		698.1
Americas | Aftermarket Parts and Support
Disaggregation of Revenue [Line Items]
Total net sales	47.7		131.6
EMEA
Disaggregation of Revenue [Line Items]
Total net sales	78.2		221.9
EMEA | Commercial Foodservice Whole Goods
Disaggregation of Revenue [Line Items]
Total net sales	66.5		185.1
EMEA | Aftermarket Parts and Support
Disaggregation of Revenue [Line Items]
Total net sales	11.7		36.8
APAC
Disaggregation of Revenue [Line Items]
Total net sales	49.7		132.4
APAC | Commercial Foodservice Whole Goods
Disaggregation of Revenue [Line Items]
Total net sales	42.2		111.2
APAC | Aftermarket Parts and Support
Disaggregation of Revenue [Line Items]
Total net sales	$ 7.5		$ 21.2

Summary of Significant Accoun_7

Summary of Significant Accounting Policies and Basis of Presentation - Revenue Recognition Narrative (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Dec. 31, 2017
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 3.4	$ 3.4	$ 4.2
Extended Warranties
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	6.2	6.2	$ 6.7
Deferred revenue recognized	0.4	1.2
Extended Warranties | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 3	$ 3
Extended Warranties | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-09-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, recognition period	3 months	3 months
Extended Warranties | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 1.4	$ 1.4
Deferred revenue, recognition period	1 year	1 year
Extended Warranties | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 3	$ 3
Deferred revenue, recognition period
Performance Obligations not Yet Met
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 0.9	$ 0.9
Performance Obligations not Yet Met | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-09-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 0.7	$ 0.7
Deferred revenue, recognition period	3 months	3 months
Performance Obligations not Yet Met | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue expected to be recognized	$ 0.2	$ 0.2
Deferred revenue, recognition period	1 year	1 year
Performance Obligations not Yet Met | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, recognition period

Acquisitions (Details)

Acquisitions (Details) $ in Millions	Apr. 19, 2018USD ($)brand	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018SEK (kr)	Dec. 31, 2017USD ($)
Business Acquisition [Line Items]
Professional services and other acquisition costs		$ 0.8	$ 0	$ 6.7	$ 0
Goodwill		936.3		936.3			$ 846.1
Avaj International Holding AB
Business Acquisition [Line Items]
Share capital acquired (as a percent)	100.00%
Foreign currency hedge | kr						kr 1,800,000,000
Total purchase price	$ 220.3
Cash payment	159.8
Interest payment	2.4
Shareholder loans	$ 60.5
Number of brands | brand	3
Professional services and other acquisition costs		0.4		4.8
Foreign currency loss				10
Contribution to net sales		20.7		39.3
Loss from operations		$ 1		$ 0.8
Goodwill	$ 97
Avaj International Holding AB | EMEA
Business Acquisition [Line Items]
Goodwill	84.2
Avaj International Holding AB | APAC
Business Acquisition [Line Items]
Goodwill	$ 12.8

Acquisitions - Schedule of Iden

Acquisitions - Schedule of Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Apr. 19, 2018	Sep. 30, 2018	Dec. 31, 2017
Recognized preliminary amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Allocation to goodwill		$ 936.3	$ 846.1
Avaj International Holding AB
Business Acquisition [Line Items]
Total purchase price	$ 220.3
Less: cash acquired	4.7
Total purchase price, net of cash acquired	215.6
Recognized preliminary amounts of identifiable assets acquired and (liabilities assumed), at fair value:
Cash	4.7
Accounts receivable	17.2
Inventories	16.9
Prepaids and other current assets	1.9
Property, plant and equipment	4.9
Other intangible assets	131.2
Other non-current assets	2.1
Accounts payable	(11.4)
Accrued expenses and other liabilities	(6)
Deferred income taxes	(32.8)
Pension and postretirement health obligations	(0.4)
Other long-term liabilities	(5)
Preliminary estimate of the fair value of assets acquired and liabilities assumed	123.3
Allocation to goodwill	$ 97

Acquisitions - Schedule of Prel

Acquisitions - Schedule of Preliminary Fair Value Estimates of Intangible Assets Other than Goodwill Acquired (Details) - Avaj International Holding AB $ in Millions	Apr. 19, 2018USD ($)
Business Acquisition [Line Items]
Total definite-lived intangible assets	$ 84.8
Total intangible assets	$ 131.2
Weighted Average Amortization Period (in years)	10 years 1 month
Tradename
Business Acquisition [Line Items]
Tradename	$ 46.4
Customer relationships
Business Acquisition [Line Items]
Total definite-lived intangible assets	$ 64.2
Estimated Useful Life (in years)	10 years
Weighted Average Amortization Period (in years)	10 years
Design libraries
Business Acquisition [Line Items]
Total definite-lived intangible assets	$ 20.6
Weighted Average Amortization Period (in years)	10 years 4 months 24 days
Minimum | Customer relationships
Business Acquisition [Line Items]
Estimated Useful Life (in years)	7 years
Maximum | Customer relationships
Business Acquisition [Line Items]
Estimated Useful Life (in years)	20 years

Inventories - Net (Details)

Inventories - Net (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Inventories — gross:
Raw materials	$ 95.6		$ 73.9
Work-in-process	18.7		18.9
Finished goods	114.7		86.9
Total inventories — gross	229		179.7
Excess and obsolete inventory reserve	(23.9)		(23.5)
Net inventories at FIFO cost	205.1		156.2
Excess of FIFO costs over LIFO value	(3.9)		(3.9)
Inventories — net	$ 201.2	$ 153.4	$ 152.3

Property, Plant and Equipment_3

Property, Plant and Equipment - Net (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Property, Plant and Equipment
Total cost	$ 411.1	$ 402.5
Less accumulated depreciation	(294.5)	(290.3)
Property, plant and equipment — net	116.6	112.2
Land
Property, Plant and Equipment
Total cost	9.8	9.5
Building and improvements
Property, Plant and Equipment
Total cost	88.4	88.9
Machinery, equipment and tooling
Property, Plant and Equipment
Total cost	227.4	227.3
Furniture and fixtures
Property, Plant and Equipment
Total cost	6.7	6
Computer hardware and software
Property, Plant and Equipment
Total cost	57.1	55.1
Construction in progress
Property, Plant and Equipment
Total cost	$ 21.7	$ 15.7

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses and Other Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017	Jun. 30, 2017
Payables and Accruals [Abstract]
Trade accounts payable	$ 113.2	$ 103.6
Total accounts payable	113.2	103.6	$ 121.6
Accrued expenses and other liabilities:
Interest payable	2.2	7.8
Income taxes payable	2.1	13.9
Employee related expenses	31.3	30.8
Restructuring expenses	4	5
Profit sharing and incentives	14	11.5
Accrued rebates	44.2	50
Deferred revenue — current	3.4	4.2
Customer advances	4.1	2.6
Product liability	1.4	1.4
Miscellaneous accrued expenses	44.7	42.3
Total accrued expenses and other liabilities	$ 151.4	$ 169.5

Accounts Receivable Securitiz_2

Accounts Receivable Securitization (Details) - USD ($)	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Transfers and Servicing [Abstract]
Capacity of securitization program	$ 110,000,000
Average collection cycle for accounts receivable (less than)	60 days
Fair value of deferred purchase price notes	$ 69,500,000	$ 62,900,000
Trade accounts receivable balance sold	$ 89,500,000	$ 99,500,000

Debt - Schedule of Outstanding

Debt - Schedule of Outstanding Debt (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 1,434.1	$ 1,267.7
Current portion of capital leases	(0.5)	(0.7)
Unamortized debt issuance costs	(22.7)	(26.4)
Hedge accounting fair value adjustment	(22.2)	(8.4)
Long-term debt and capital leases	1,358.7	1,232.2
Outstanding debt issuance costs, net of amortization	24.9	28.6
Outstanding debt issuance costs, revolving credit facility	2.2
Revolving loan facility
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 30	$ 0
Weighted average interest rate (as a percent)	4.54%	0.00%
Current portion of capital leases	$ (30)	$ 0
Revolving credit facility
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 162	$ 25
Weighted average interest rate (as a percent)	5.54%	4.41%
Term Loan B facility
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 815	$ 815
Weighted average interest rate (as a percent)	5.18%	4.90%
9.50% Senior Notes due 2024
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 425	$ 425
Weighted average interest rate (as a percent)	9.75%	9.72%
Interest rate, stated percentage (as a percent)	9.50%
Capital leases
Debt Instrument [Line Items]
Total debt and capital leases including current portion	$ 2.1	$ 2.7
Weighted average interest rate (as a percent)	4.20%	4.17%
Current portion of capital leases	$ (0.5)	$ (0.7)

Debt - Narrative (Details)

Debt - Narrative (Details)	1 Months Ended	9 Months Ended
	Apr. 30, 2018USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019	Feb. 28, 2018	Mar. 03, 2016USD ($)
Debt Instrument [Line Items]
Consolidated Total Leverage Ratio (less than)		5		5.25
Quarterly reduction to consolidated leverage ratio				0.25
Scenario, Forecast
Debt Instrument [Line Items]
Consolidated Total Leverage Ratio (less than)			4
2016 Credit Agreement | Line of Credit
Debt Instrument [Line Items]
Line of credit facility					$ 1,200,000,000
2016 Credit Agreement | Line of Credit | Term Loan B Facility
Debt Instrument [Line Items]
Line of credit facility					975,000,000
2016 Credit Agreement | Line of Credit | Revolving credit facility
Debt Instrument [Line Items]
Line of credit facility	$ 275,000,000				225,000,000
Aggregate revolving commitments increase	$ 50,000,000
Available borrowings		$ 109,700,000
Highest daily borrowings		260,000,000
Average borrowings		$ 159,600,000
2016 Credit Agreement | Line of Credit | Revolving credit facility | LIBOR
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		2.50%
2016 Credit Agreement | Line of Credit | Revolving credit facility | Base Rate
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		1.50%
2016 Credit Agreement | Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Line of credit facility					20,000,000
Borrowings outstanding under revolving facility		$ 3,300,000
2016 Credit Agreement | Line of Credit | Bridge Loan
Debt Instrument [Line Items]
Line of credit facility					$ 40,000,000
Term Loan B facility | LIBOR
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		2.75%
Term Loan B facility | Base Rate
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		1.00%
Term Loan B facility | LIBOR Floor
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)		1.00%
Revolving Loan Facility Maturing April 2019 | LIBOR
Debt Instrument [Line Items]
Spreads for LIBOR and prime borrowings (as a percent)	1.90%
Revolving Loan Facility Maturing April 2019 | Line of Credit
Debt Instrument [Line Items]
Line of credit facility	$ 30,000,000

Debt - Summary of Covenant Leve

Debt - Summary of Covenant Levels of Financial Covenants (Details)	Sep. 30, 2018	Feb. 28, 2018
Debt Disclosure [Abstract]
Consolidated Total Leverage Ratio (less than)	5	5.25
Consolidated Interest Coverage Ratio (greater than)	3
Consolidated total leverage ratio	4.93
Consolidated interest coverage ratio	3.25

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details)	1 Months Ended		3 Months Ended			9 Months Ended
	Apr. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Mar. 31, 2017EUR (€)swap	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2018SEK (kr)	Oct. 03, 2017USD ($)	Mar. 31, 2017USD ($)swap
Derivative [Line Items]
Cash hedge gain to be reclassified in twelve months						$ (500,000)
Minimum length of time hedged in cash flow hedge						15 months
Maximum length of time hedged in cash flow hedge						36 months
Interest expense			$ 23,300,000	$ 21,700,000		$ 66,700,000	$ 65,900,000
Cross Currency Interest Rate Contract
Derivative [Line Items]
Derivative notional amount | €					€ 50,000,000
Derivative term					3 years
Foreign currency exchange contracts | Avaj International Holding AB
Derivative [Line Items]
Derivative notional amount								$ 223,800,000	kr 1,800,000,000
Realized loss on settled derivative	$ 10,000,000
Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Number of derivative instruments | swap					2						2
Derivative notional amount											$ 600,000,000
Company long term debt in hedge (as a percent)			42.80%			42.80%
Interest expense		$ 300,000
Interest Rate Swap, March 2019 | Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Derivative notional amount											175,000,000
Interest Rate Swap, March 2020 | Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Derivative notional amount											$ 425,000,000
Cash received on hedge		$ 7,700,000
Interest Rate Swap, February 2024 | Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Derivative notional amount										$ 425,000,000
Company long term debt in hedge (as a percent)			30.30%			30.30%
Hedge ineffectiveness			$ 200,000	$ 0		$ 300,000	$ 0

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of Outstanding Commodity Contracts (Details) - Designated as Hedging Instrument	9 Months Ended
	Sep. 30, 2018Tt	Sep. 30, 2017Tt
Aluminum
Derivative [Line Items]
Commodity units hedged, mass	1,652	1,620
Copper
Derivative [Line Items]
Commodity units hedged, mass	645	667
Steel
Derivative [Line Items]
Commodity units hedged, mass | T	9,200	7,713

Derivative Financial Instrume_5

Derivative Financial Instruments - Schedule of Currency Forward Contracts CAD, EUR, GBP and SGD (Details) - Foreign currency exchange contracts	Sep. 30, 2018CAD ($)	Sep. 30, 2018EUR (€)	Sep. 30, 2018GBP (£)	Sep. 30, 2018SGD ($)	Dec. 31, 2017CAD ($)	Dec. 31, 2017EUR (€)	Dec. 31, 2017GBP (£)	Dec. 31, 2017SGD ($)
Canadian Dollar | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount	$ 17,820,000				$ 18,080,000
European Euro | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount | €		€ 15,698,000				€ 8,545,000
European Euro | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount | €		€ 68,600,000				€ 69,300,000
British Pound | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount | £			£ 17,789,322				£ 7,807,744
British Pound | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount | £			£ 16,679,865				£ 14,912,019
Singapore Dollar | Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount				$ 3,245,000				$ 1,765,000
Singapore Dollar | Not Designated as Hedging Instrument
Derivative [Line Items]
Derivative notional amount				$ 28,127,000				$ 28,127,000

Derivative Financial Instrume_6

Derivative Financial Instruments - Schedule of Currency Forward Contracts MXN, THB and CHF (Details) - Foreign currency exchange contracts	Sep. 30, 2018MXN ($)	Sep. 30, 2018CHF (SFr)	Dec. 31, 2017MXN ($)	Dec. 31, 2017CHF (SFr)
Designated as Hedging Instrument | Mexican Peso
Derivative [Line Items]
Derivative notional amount | $	$ 277,410,000		$ 126,400,000
Not Designated as Hedging Instrument | Swiss Franc
Derivative [Line Items]
Derivative notional amount | SFr		SFr 4,100,000		SFr 4,800,000

Derivative Financial Instrume_7

Derivative Financial Instruments - Schedule of the Effect of Derivative Instruments on the Consolidated Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Derivative [Line Items]
Cost of sales	$ 259.8		$ 236.5	$ 755.4	$ 675.4
Interest expense	23.3		21.7	66.7	65.9
Selling, general and administrative expenses	71.7	$ 62.3	66.1	231	214.4	$ 276.7
Cash Flow Hedging
Derivative [Line Items]
Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income	0		(0.1)	0.1	0.1
Gains and Losses on Cash Flow Hedges | Net Investment Hedging
Derivative [Line Items]
Pretax gain/(loss) recognized in AOCI (effective portion)	0.2		(2.2)	1.5	(6.3)
Selling, general and administrative expenses	0		0	0	0
Gains and Losses on Cash Flow Hedges | Net Investment Hedging | Interest rate swap contracts
Derivative [Line Items]
Pretax gain/(loss) recognized in AOCI (effective portion)	0.2		(2.2)	1.5	(6.3)
Selling, general and administrative expenses	0		0	0	0
Gains and Losses on Cash Flow Hedges | Cash Flow Hedging
Derivative [Line Items]
Pretax gain/(loss) recognized in AOCI (effective portion)	0.6		3.5	3.1	5
Gains and Losses on Cash Flow Hedges | Cash Flow Hedging | Foreign currency exchange contracts
Derivative [Line Items]
Pretax gain/(loss) recognized in AOCI (effective portion)	1		1.9	(0.7)	4.6
Gains and Losses on Cash Flow Hedges | Cash Flow Hedging | Commodity contracts
Derivative [Line Items]
Pretax gain/(loss) recognized in AOCI (effective portion)	(0.5)		0.7	(0.1)	1.3
Gains and Losses on Cash Flow Hedges | Cash Flow Hedging | Interest rate swap contracts
Derivative [Line Items]
Pretax gain/(loss) recognized in AOCI (effective portion)	0.1		0.9	3.9	(0.9)
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges
Derivative [Line Items]
Cost of sales	0.3		2	2	3.1
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Foreign currency exchange contracts
Derivative [Line Items]
Cost of sales	(0.4)		1.6	0	2.3
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Commodity contracts
Derivative [Line Items]
Cost of sales	0.7		0.4	2	0.8
Reclassification out of Accumulated Other Comprehensive Income | Gains and Losses on Cash Flow Hedges | Interest rate swap contracts
Derivative [Line Items]
Interest expense	0		0	0	0
Cost of sales | Cash Flow Hedging | Foreign currency exchange contracts
Derivative [Line Items]
Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income	0		0	0	0
Cost of sales | Cash Flow Hedging | Commodity contracts
Derivative [Line Items]
Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income	0		(0.1)	0.1	0.1
Interest Expense | Cash Flow Hedging | Interest rate swap contracts
Derivative [Line Items]
Ineffective portion of gain/(loss) on derivative and amount excluded from effectiveness testing recognized in income	0		0	0	0
Not Designated as Hedging Instrument
Derivative [Line Items]
Amount of gain (loss) recognized in income on derivative	2.6		(0.5)	(8.2)	(4.9)
Not Designated as Hedging Instrument | Gains and Losses on Cash Flow Hedges | Foreign currency exchange contracts
Derivative [Line Items]
Amount of gain (loss) recognized in income on derivative	$ 2.6		$ (0.5)	$ (8.2)	$ (4.9)

Derivative Financial Instrume_8

Derivative Financial Instruments - Schedule of Gain or Loss on the Hedged Items (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on hedged items	$ (2.2)	$ 0	$ (13.6)	$ 0.3
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on hedged items	2.4	0	13.9	(0.3)
Interest rate swap contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on hedged items	(2.2)	0	(13.6)	0.3
Interest rate swap contracts | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on hedged items	2.4	0	13.9	(0.3)
Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in income on derivative	2.6	(0.5)	(8.2)	(4.9)
Gains and Losses on Cash Flow Hedges | Not Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in income on derivative	$ 2.6	$ (0.5)	$ (8.2)	$ (4.9)

Derivative Financial Instrume_9

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	Sep. 30, 2018	Dec. 31, 2017
Derivative [Line Items]
Total assets at fair value	$ 11.3	$ 7.4
Designated as Hedging Instrument
Derivative [Line Items]
Total assets at fair value	9.9	7.4
Not Designated as Hedging Instrument
Derivative [Line Items]
Total assets at fair value	1.4	0
Prepaids and other current assets | Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative [Line Items]
Total assets at fair value	1.1	1.1
Prepaids and other current assets | Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Total assets at fair value	0.9	1.7
Prepaids and other current assets | Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Total assets at fair value	5.5	1.7
Other non-current assets | Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Total assets at fair value	0.1	0.6
Other non-current assets | Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Total assets at fair value	$ 2.3	$ 2.3

Derivative Financial Instrum_10

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	Sep. 30, 2018	Dec. 31, 2017
Derivative [Line Items]
Total non-current liabilities at fair value	$ 31.6	$ 18.9
Designated as Hedging Instrument
Derivative [Line Items]
Total non-current liabilities at fair value	31.6	18.4
Not Designated as Hedging Instrument
Derivative [Line Items]
Total non-current liabilities at fair value	0	0.5
Accrued expenses and other liabilities | Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative [Line Items]
Total non-current liabilities at fair value	1.3	0.6
Accrued expenses and other liabilities | Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Total non-current liabilities at fair value	0.3	0.1
Accrued expenses and other liabilities | Not Designated as Hedging Instrument | Foreign currency exchange contracts
Derivative [Line Items]
Total non-current liabilities at fair value	0	0.5
Other long-term liabilities | Designated as Hedging Instrument | Commodity contracts
Derivative [Line Items]
Total non-current liabilities at fair value	0.3	0
Other long-term liabilities | Designated as Hedging Instrument | Interest rate swap contracts
Derivative [Line Items]
Total non-current liabilities at fair value	$ 29.7	$ 17.7

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2018	Dec. 31, 2017
9.50% Senior Notes due 2024 | Senior Notes
Financial assets and liabilities accounted for at fair value on a recurring basis
Fair value of debt	$ 464.9	$ 483.8
Term Loan B Facility | Secured Debt
Financial assets and liabilities accounted for at fair value on a recurring basis
Fair value of debt	$ 820.6	$ 818.1

Fair Value of Financial Instr_4

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	Sep. 30, 2018	Dec. 31, 2017
Financial assets and liabilities accounted for at fair value on a recurring basis
Total assets at fair value	$ 11.3	$ 7.4
Total non-current liabilities at fair value	31.6	18.9
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	8.9	4.5
Total non-current assets at fair value	2.4	2.9
Total assets at fair value	11.3	7.4
Total current liabilities at fair value	1.6	1.2
Total non-current liabilities at fair value	30	17.7
Total liabilities at fair value	31.6	18.9
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	2.5	1.1
Total current liabilities at fair value	1.3	1.1
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	0.9	1.7
Total non-current assets at fair value	0.1	0.6
Total current liabilities at fair value	0.3	0.1
Total non-current liabilities at fair value	0.3
Fair value measurement on recurring basis | Interest rate swap contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	5.5	1.7
Total non-current assets at fair value	2.3	2.3
Total non-current liabilities at fair value	29.7	17.7
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	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	0
Total non-current liabilities at fair value	0
Fair value measurement on recurring basis | Level 1 | Interest rate swap 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 non-current liabilities at fair value	0	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	8.9	4.5
Total non-current assets at fair value	2.4	2.9
Total assets at fair value	11.3	7.4
Total current liabilities at fair value	1.6	1.2
Total non-current liabilities at fair value	30	17.7
Total liabilities at fair value	31.6	18.9
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	2.5	1.1
Total current liabilities at fair value	1.3	1.1
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	0.9	1.7
Total non-current assets at fair value	0.1	0.6
Total current liabilities at fair value	0.3	0.1
Total non-current liabilities at fair value	0.3
Fair value measurement on recurring basis | Level 2 | Interest rate swap contracts
Financial assets and liabilities accounted for at fair value on a recurring basis
Total current assets at fair value	5.5	1.7
Total non-current assets at fair value	2.3	2.3
Total non-current liabilities at fair value	29.7	17.7
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	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	0
Total non-current assets at fair value	0	0
Total current liabilities at fair value	0	0
Total non-current liabilities at fair value	0
Fair value measurement on recurring basis | Level 3 | Interest rate swap 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 non-current liabilities at fair value	$ 0	$ 0

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Sep. 30, 2018USD ($)segment	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Income Tax Contingency [Line Items]
Increase to transition tax	$ 2.6				$ 2.6					$ 2.6
Income taxes (benefit)	$ 12.7	$ 5.2	$ 0.4	$ (30.1)	$ 14.3	$ 1.5	$ 2.8	$ 5.6	$ 4.3	$ 18.3	$ 18.6	$ (11.5)
Effective tax rate (as a percent)	32.20%				31.80%					26.30%
Increase (decrease) to income tax provision	$ (1.6)
Number of reportable segments | segment										3
Unrecognized tax benefits	12.9			12.5						$ 12.9		12.5
Unrecognized tax benefits reasonably possible to impact effective income tax rate	$ 0.1			$ 0.5						$ 0.1		$ 0.5
Her Majesty's Revenue and Customs (HMRC) | Foreign Tax Authority
Income Tax Contingency [Line Items]
Release of relevant valuation allowance											$ 8.2

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017
Equity [Abstract]
Foreign currency translation, net of income tax benefit of $2.4 million and $2.8 million at September 30, 2018 and December 31, 2017, respectively	$ 0.4			$ 4.4
Derivative instrument fair market value, net of income tax expense of $1.8 million at September 30, 2018 and at December 31, 2017	4.7			3.6
Employee pension and postretirement benefit adjustments, net of income tax benefit of $6.2 million and $6.5 million at September 30, 2018 and December 31, 2017, respectively	(38.5)			(40)
Accumulated other comprehensive loss	(33.4)	$ (37.8)	$ (29.5)	(32)	$ (29.2)
Foreign currency translation tax effect	2.4			2.8
Derivative instrument fair market value tax effect	1.8			1.8
Employee pension and postretirement benefit adjustments tax effect	$ 6.2			$ 6.5

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Reconciliations for the Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended						6 Months Ended		9 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 133.7	$ 125.3	$ 103.6	$ (5.9)	$ (41)	$ (56.4)	$ 103.6	$ (56.4)	$ 103.6	$ (56.4)
Other comprehensive (loss) income before reclassifications	4.3	(7.7)	2.9	8.7	3.5	2.7
Amounts reclassified out	0.3	(0.1)	(0.4)	(1.5)	(0.2)	0.1
Tax effect	(0.2)	(0.5)	0	(0.1)	0.6	0.4
Total other comprehensive income (loss), net of tax	4.4	(8.3)	2.5	7.1	3.9	3.2	(5.8)	7.1	(1.4)	14.2
Ending balance	165.1	133.7	125.3	36.2	(5.9)	(41)	133.7	(5.9)	165.1	36.2
Foreign Currency Translation
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(3.2)	4.4	4.4	(3.6)	(6.4)	(9.8)	4.4	(9.8)	4.4	(9.8)
Other comprehensive (loss) income before reclassifications	3.7	(6.8)	(0.5)	5.2	1.5	3.2
Amounts reclassified out	0	0	0	0	0	0
Tax effect	(0.1)	(0.8)	0.5	0.8	1.3	0.2
Total other comprehensive income (loss), net of tax	3.6	(7.6)	0	6	2.8	3.4
Ending balance	0.4	(3.2)	4.4	2.4	(3.6)	(6.4)	(3.2)	(3.6)	0.4	2.4
Gains and Losses on Cash Flow Hedges
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	4.4	5.6	3.6	0.9	0.2	0.8	3.6	0.8	3.6	0.8
Other comprehensive (loss) income before reclassifications	0.6	(0.9)	3.4	3.5	2	(0.5)
Amounts reclassified out	(0.3)	(0.7)	(1)	(2)	(0.7)	(0.4)
Tax effect	0	0.4	(0.4)	(0.7)	(0.6)	0.3
Total other comprehensive income (loss), net of tax	0.3	(1.2)	2	0.8	0.7	(0.6)
Ending balance	4.7	4.4	5.6	1.7	0.9	0.2	4.4	0.9	4.7	1.7
Pension & Postretirement
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(39)	(39.5)	(40)	(33.6)	(34)	(34.4)	(40)	(34.4)	(40)	(34.4)
Other comprehensive (loss) income before reclassifications	0	0	0	0	0	0
Amounts reclassified out	0.6	0.6	0.6	0.5	0.5	0.5
Tax effect	(0.1)	(0.1)	(0.1)	(0.2)	(0.1)	(0.1)
Total other comprehensive income (loss), net of tax	0.5	0.5	0.5	0.3	0.4	0.4
Ending balance	(38.5)	(39)	(39.5)	(33.3)	(33.6)	(34)	(39)	(33.6)	(38.5)	(33.3)
Accumulated Other Comprehensive Loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(37.8)	(29.5)	(32)	(36.3)	(40.2)	(43.4)	(32)	(43.4)	(32)	(43.4)
Total other comprehensive income (loss), net of tax	4.4	(8.3)	2.5	7.1	3.9	3.2
Ending balance	$ (33.4)	$ (37.8)	$ (29.5)	$ (29.2)	$ (36.3)	$ (40.2)	$ (37.8)	$ (36.3)	$ (33.4)	$ (29.2)

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Loss - Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 259.8				$ 236.5					$ 755.4	$ 675.4
Total before tax	39.5			$ 36.8	45	$ 29.9	$ 9.7		$ 39.6	69.5	84.6	$ 121.4
Income taxes	(12.7)	$ (5.2)	$ (0.4)	30.1	(14.3)	(1.5)	(2.8)	$ (5.6)	(4.3)	(18.3)	(18.6)	11.5
Net earnings	26.8	12	12.4	$ 66.9	30.7	28.4	6.9	$ 24.4	$ 35.3	51.2	66	$ 132.9
Total reclassifications for the period	(0.3)	0.1	0.4		1.5	0.2	(0.1)
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period	(0.2)				0.9					0.1	0.8
Gains and Losses on Cash Flow Hedges
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period	0.3	0.7	1		2	0.7	0.4
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	0.3				2					2	3.1
Total before tax	0.3				2					2	3.1
Income taxes	0				(0.8)					(0.4)	(1.2)
Net earnings	0.3				1.2					1.6	1.9
Actuarial losses | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(0.6)				(0.5)					(1.8)	(1.5)
Pension & Postretirement
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period	(0.6)	$ (0.6)	$ (0.6)		(0.5)	$ (0.5)	$ (0.5)
Pension & Postretirement | Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(0.6)				(0.5)					(1.8)	(1.5)
Income taxes	0.1				0.2					0.3	0.4
Total reclassifications for the period	(0.5)				(0.3)					(1.5)	(1.1)
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	(0.4)				1.6					0	2.3
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	$ 0.7				$ 0.4					$ 2	$ 0.8

Contingencies and Significant_2

Contingencies and Significant Estimates - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Product Warranty Liability [Line Items]
Document Period End Date	Sep. 30, 2018
Accruals for environmental matters	$ 0.7	$ 0.8
Self insurance reserve	1.3
Product liability reserves	1.4	1.4
Product liability reserves for actual cases	0.5	0.4
Product liability reserves for claims incurred but not reported	0.9	1
Warranty claims expected to be paid within a year or less	27.7	24.1
Warranty claims expected to be paid after one year	11.8	$ 11.9
Minimum
Product Warranty Liability [Line Items]
Self insurance reserve per occurrence	0.1
Maximum
Product Warranty Liability [Line Items]
Self insurance reserve per occurrence	0.3
Product liability self-insurance retention levels per occurrence	0.3
CANADA | Maximum
Product Warranty Liability [Line Items]
Self insurance reserve per occurrence	$ 0.1

Product Warranties - Narrative

Product Warranties - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
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
Customer advances	$ 4.1	$ 2.6
Accrued expenses and other liabilities
Product Warranty Liability [Line Items]
Customer advances	2.4	3.1
Other long-term liabilities
Product Warranty Liability [Line Items]
Deferred revenue - noncurrent	$ 3.8	$ 3.6

Product Warranties - Schedule o

Product Warranties - Schedule of the Summary of Product Warranty Activity (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Warranty activity
Balance at beginning of period	$ 36
Accruals for warranties issued	30.3
Settlements made (in cash or in kind)	(26.4)
Currency translation impact	(0.4)
Balance at end of period	39.5
Long term warranty liabilities	$ 11.8	$ 11.9

Restructuring - Rollforward of

Restructuring - Rollforward of all Restructuring Activities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Rollforward of all restructuring activities
Beginning balance			$ 16.1
Restructuring expense	$ 3.9	$ 2.8	5.7	$ 8.5
Use of reserve			(7.1)
Non-cash adjustment			(0.3)
Ending balance	$ 14.4		$ 14.4

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) $ in Millions

Aug. 31, 2018USD ($)

May 05, 2017USD ($)

Jan. 02, 2017USD ($)Installment

Mar. 31, 2018USD ($)

Sep. 30, 2018USD ($)

Jun. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Sep. 30, 2017USD ($)

Jun. 30, 2017USD ($)

Mar. 31, 2017USD ($)

Sep. 30, 2018USD ($)

Sep. 30, 2017USD ($)

Dec. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Restructuring Cost and Reserve [Line Items]

Short term portion of liability

$ 4

$ 4

$ 5

Long term portion of liability

10.4

10.4

$ 11.1

Restructuring expense

3.9

$ 2.8

5.7

$ 8.5

Vice President

Restructuring Cost and Reserve [Line Items]

Additional equity based compensation

$ 1.5

$ 1.1

Severance payment period

12 months

18 months

Vested benefits paid

$ 2.5

Benefits interest rate (as a percent)

9.00%

Severance Costs

$ 2.5

2.2

Annual installments | Installment

5

Vice President | Restructuring expense

Restructuring Cost and Reserve [Line Items]

Severance Costs

$ 1

$ 1.5

Chief Executive Officer

Restructuring Cost and Reserve [Line Items]

Severance Costs

$ 0.8

(3.7)

Employee Severance | RIF

Restructuring Cost and Reserve [Line Items]

Restructuring expense

$ 0.5

0.1

$ 1.4

$ 0.4

Employee Severance | August Americas Restructuring

Restructuring Cost and Reserve [Line Items]

Restructuring costs incurred

3.1

$ 3.1

Restructuring cost recognized

2.7

Employee Severance | August Americas Restructuring | Scenario, Forecast

Restructuring Cost and Reserve [Line Items]

Expected remaining cost

$ 0.4

Additional Share Based Compensation | August Americas Restructuring

Restructuring Cost and Reserve [Line Items]

Restructuring expense

$ 0.4

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Components of Period Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost of projected benefit obligations	$ 1.4	$ 1.3	$ 4	$ 3.9
Expected return on assets	(1.5)	(1.5)	(4.3)	(4.5)
Amortization of actuarial net loss	0.5	0.5	1.6	1.5
Net periodic benefit cost	0.4	0.3	1.3	0.9
Postretirement Health and Other Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost of projected benefit obligations	0	0.1	0.2	0.2
Expected return on assets	0	0	0	0
Amortization of actuarial net loss	0.1	0	0.2	0
Net periodic benefit cost	$ 0.1	$ 0.1	$ 0.4	$ 0.2

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Millions	3 Months Ended					6 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Segment reporting information
Total net sales	$ 412.9		$ 380.4				$ 1,184	$ 1,079.5
Segment Adjusted Operating EBITDA:
Amortization expense	(9.9)		(7.9)				(27.2)	(23.4)
Depreciation expense	(4.5)		(4.1)				(13.2)	(12.1)
Transaction costs	(0.8)		0				(6.7)	0
Separation expense	0		(0.3)				(0.1)	(1.5)
Restructuring expense	(3.9)		(2.8)				(5.7)	(8.5)
Gain from impairment or disposal of assets — net	0.1		3.9				0.3	4.1
Earnings from operations	67.7		70.7				164.9	160.4
Interest expense	(23.3)		(21.7)				(66.7)	(65.9)
Loss on early extinguishment of debt	0	$ 0	(1)	$ (0.2)	$ (0.5)	$ (0.7)	0	(1.7)	$ 1.7
Other expense — net	(4.9)	2.4	(3)	3.3	1.9	5.2	(28.7)	(8.2)	10.6
Earnings before income taxes	39.5	36.8	45	29.9	9.7	39.6	69.5	84.6	121.4
Assets	2,088.9	1,840.4		$ 1,867.8	$ 1,835.2	$ 1,867.8	2,088.9		1,840.4
Americas
Segment reporting information
Total net sales	285						829.7
EMEA
Segment reporting information
Total net sales	78.2						221.9
APAC
Segment reporting information
Total net sales	49.7						132.4
Operating Segments
Segment Adjusted Operating EBITDA:
Total Segment Adjusted Operating EBITDA	93.7		91.3				252.3	236.5
Operating Segments | Americas
Segment reporting information
Total net sales	322.8		302.2				931.2	875.8
Segment Adjusted Operating EBITDA:
Total Segment Adjusted Operating EBITDA	69		$ 66.3				178.1	$ 172.2
Assets	$ 1,454.6	1,445.6					$ 1,454.6		1,445.6
Operating Segments | Americas | Geographic Concentration Risk | EBITA
Segment Adjusted Operating EBITDA:
Operating EBITA (as a percent)	21.40%		21.90%				19.10%	19.70%
Operating Segments | EMEA
Segment reporting information
Total net sales	$ 98.5		$ 80.3				$ 278.8	$ 224.2
Segment Adjusted Operating EBITDA:
Total Segment Adjusted Operating EBITDA	16.3		$ 17.4				52.8	$ 45
Assets	$ 333.9	112.1					$ 333.9		112.1
Operating Segments | EMEA | Geographic Concentration Risk | EBITA
Segment Adjusted Operating EBITDA:
Operating EBITA (as a percent)	16.50%		21.70%				18.90%	20.10%
Operating Segments | APAC
Segment reporting information
Total net sales	$ 60.7		$ 51.8				$ 161.9	$ 138.4
Segment Adjusted Operating EBITDA:
Total Segment Adjusted Operating EBITDA	8.4		$ 7.6				21.4	$ 19.3
Assets	$ 162.1	128.7					$ 162.1		128.7
Operating Segments | APAC | Geographic Concentration Risk | EBITA
Segment Adjusted Operating EBITDA:
Operating EBITA (as a percent)	13.80%		14.70%				13.20%	13.90%
Elimination of intersegment sales
Segment reporting information
Total net sales	$ (69.1)		$ (53.9)				$ (187.9)	$ (158.9)
Corporate and unallocated
Segment Adjusted Operating EBITDA:
Total Segment Adjusted Operating EBITDA	(7)		(9.4)				(34.8)	(34.7)
Assets	138.3	$ 154					138.3		$ 154
United States
Segment reporting information
Total net sales	260.2		248.9				753.3	710.3
Other Americas
Segment reporting information
Total net sales	28.5		23.1				85.3	70.9
EMEA
Segment reporting information
Total net sales	77.8		62.6				218.5	179.2
APAC
Segment reporting information
Total net sales	$ 46.4		$ 45.8				$ 126.9	$ 119.1

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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted average shares outstanding - Basic (in shares)	140,154,735	139,162,556	139,955,166	138,978,203
Effect of dilutive securities:
Net effect of dilutive securities (in shares)	1,194,450	1,722,470	1,326,902	1,641,184
Diluted weighted average common shares outstanding (in shares)	141,349,185	140,885,026	141,282,068	140,619,387
Stock options
Effect of dilutive securities:
Effect of dilutive securities (in shares)	664,314	888,095	670,407	849,018
Unvested restricted stock
Effect of dilutive securities:
Effect of dilutive securities (in shares)	290,228	540,122	436,805	594,470
Unvested performance share units
Effect of dilutive securities:
Effect of dilutive securities (in shares)	239,908	294,253	219,690	197,696

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share [Abstract]
Number of anti-dilutive shares excluded from the calculation of diluted earnings per share (in shares)	0.6	0.8	0.6	0.8

Restatement and Revision of P_3

Restatement and Revision of Previously Issued Consolidated Financial Statements - Narrative (Details) - USD ($) $ in Millions	3 Months Ended						6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Loss on early extinguishment of debt	$ 0		$ 0	$ 1	$ 0.2	$ 0.5		$ 0.7	$ 0	$ 1.7	$ (1.7)
Net cash provided by (used in) operating activities		$ (153.5)				(164.4)	$ (288)	(254)	(421.3)	(334.7)
Net cash provided by financing activities									$ 169.2	7.3
Understatement of Loss Incurred | Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Loss on early extinguishment of debt											2.7
Computation of Income Tax Expense | Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Loss on early extinguishment of debt			$ 0	$ 0	$ 0	(2.7)		(2.7)		(2.7)	$ 2.7
Overstatement of deferred taxes												$ 7.2
Net cash provided by (used in) operating activities		$ 0				0	$ 0	0		4
Net cash provided by financing activities										(4)
Reclassify Withholding Taxes | Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net cash provided by (used in) operating activities										(4)
Net cash provided by financing activities										$ 4
Understatement Of Interest Rate Swaps | Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Foreign currency translation adjustments						$ 3.6		$ 4.5

Restatement and Revision of P_4

Restatement and Revision of Previously Issued Consolidated Financial Statements - Schedule of Effect of Corrections on Consolidated Statement of Operations (Details) - USD ($)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid-in capital (deficit)	$ (44,000,000)		$ (49,000,000)	$ (54,700,000)	$ (58,200,000)	$ (62,500,000)	$ (65,300,000)		$ (62,500,000)	$ (44,000,000)	$ (58,200,000)	$ (54,700,000)
Loss on early extinguishment of debt	0			0	1,000,000	200,000	500,000		700,000	0	1,700,000	(1,700,000)
Other expense — net	4,900,000			(2,400,000)	3,000,000	(3,300,000)	(1,900,000)		(5,200,000)	28,700,000	8,200,000	(10,600,000)
Earnings before income taxes	39,500,000			36,800,000	45,000,000	29,900,000	9,700,000		39,600,000	69,500,000	84,600,000	121,400,000
Income taxes	12,700,000	$ 5,200,000	400,000	(30,100,000)	14,300,000	1,500,000	2,800,000	$ 5,600,000	4,300,000	18,300,000	18,600,000	(11,500,000)
Net earnings	26,800,000	$ 12,000,000	12,400,000	66,900,000	30,700,000	$ 28,400,000	$ 6,900,000	$ 24,400,000	$ 35,300,000	51,200,000	66,000,000	132,900,000
Selling, general and administrative expenses	$ (71,700,000)			$ (62,300,000)	$ (66,100,000)					$ (231,000,000)	$ (214,400,000)	$ (276,700,000)
Per share data
Earnings per share - Basic (in dollars per share)	$ 0.19	$ 0.09		$ 0.48	$ 0.22	$ 0.20	$ 0.05	$ 0.17	$ 0.25	$ 0.37	$ 0.47	$ 0.96
Earnings per share - Diluted (in dollars per share)	$ 0.19	$ 0.09		$ 0.47	$ 0.22	$ 0.20	$ 0.05	$ 0.17	$ 0.25	$ 0.36	$ 0.47	$ 0.94
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid-in capital (deficit)			(57,600,000)		$ (66,800,000)	$ (63,900,000)	$ (66,600,000)		$ (63,900,000)		$ (66,800,000)
Loss on early extinguishment of debt				$ 0	1,000,000	200,000	3,200,000		3,400,000		4,400,000	$ (4,400,000)
Other expense — net				(2,000,000)	2,600,000	(3,300,000)	(1,800,000)		(5,100,000)		7,000,000	(9,000,000)
Earnings before income taxes				36,800,000	45,000,000	29,900,000	7,100,000		37,000,000		82,000,000	118,800,000
Income taxes		$ 5,100,000	300,000	(29,000,000)	11,900,000	(200,000)	2,100,000	$ 5,400,000	1,900,000		13,800,000	(15,200,000)
Net earnings		$ 12,100,000	12,500,000	65,800,000	33,100,000	$ 30,100,000	$ 5,000,000	$ 24,600,000	$ 35,100,000		68,200,000	134,000,000
Selling, general and administrative expenses				$ (62,700,000)	$ (66,500,000)						$ (215,500,000)	$ (278,200,000)
Per share data
Earnings per share - Basic (in dollars per share)		$ 0.09		$ 0.47	$ 0.24	$ 0.22	$ 0.04	$ 0.18	$ 0.25		$ 0.49	$ 0.96
Earnings per share - Diluted (in dollars per share)		$ 0.09		$ 0.47	$ 0.24	$ 0.21	$ 0.04	$ 0.17	$ 0.25		$ 0.49	$ 0.95
Adjustment | Computation of Income Tax Expense
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Additional paid-in capital (deficit)			8,600,000		$ 8,600,000	$ 1,400,000	$ 1,300,000		$ 1,400,000		$ 8,600,000
Loss on early extinguishment of debt				$ 0	0	0	(2,700,000)		(2,700,000)		(2,700,000)	$ 2,700,000
Other expense — net				0	0	0	(100,000)		(100,000)		(0.1)	(100,000)
Earnings before income taxes				0	0	0	2,600,000		2,600,000		2,600,000	2,600,000
Income taxes		$ 100,000	100,000	(1,100,000)	2,400,000	1,700,000	700,000	$ 200,000	2,400,000		4,800,000	3,700,000
Net earnings		$ (100,000)	$ (100,000)	1,100,000	(2,400,000)	$ (1,700,000)	$ 1,900,000	$ (200,000)	$ 200,000		(2,200,000)	(1,100,000)
Selling, general and administrative expenses				$ 0	$ 0						$ 0	$ 0
Per share data
Earnings per share - Basic (in dollars per share)		$ 0		$ 0.01	$ (0.02)	$ (0.02)	$ 0.01	$ (0.01)	$ 0		$ (0.02)	$ 0
Earnings per share - Diluted (in dollars per share)		$ 0		$ 0	$ (0.02)	$ (0.01)	$ 0.01	$ 0	$ 0		$ (0.02)	$ (0.01)
Accounting Standard Update 2017-07 | Pension Plans
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Other expense — net				$ (400,000)							$ (1,100,000)	$ (1,500,000)
Accounting Standard Update 2017-07 | Pension Plans | Selling, General and Administrative Expenses
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Selling, general and administrative expenses				$ 400,000							$ 1,100,000	$ 1,500,000

Restatement and Revision of P_5

Restatement and Revision of Previously Issued Consolidated Financial Statements - Schedule of Effect of Corrections on Comprehensive Income Statement (Details) - USD ($) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net earnings	$ 26.8	$ 12	$ 12.4	$ 66.9	$ 30.7	$ 28.4	$ 6.9	$ 24.4	$ 35.3	$ 51.2	$ 66	$ 132.9
Foreign currency translation adjustments	3.6	(7.6)	0		6	2.8	3.4	(7.6)	6.2	(4)	12.2
Other comprehensive loss	4.4	(8.3)	2.5		7.1	3.9	3.2	(5.8)	7.1	(1.4)	14.2
Comprehensive income	$ 31.2	3.7	14.9		37.8	32.3	10.1	18.6	42.4	$ 49.8	80.2
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net earnings		12.1	12.5	65.8	33.1	30.1	5	24.6	35.1		68.2	134
Foreign currency translation adjustments		(7.6)	0.1		1.4	3.7	7	(7.5)	10.7		12.1
Other comprehensive loss		(8.3)	2.6		2.5	4.8	6.8	(5.7)	11.6		14.1
Comprehensive income		3.8	15.1		35.6	34.9	11.8	18.9	46.7		82.3
Computation of Income Tax Expense | Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net earnings		(0.1)	(0.1)	$ 1.1	(2.4)	(1.7)	1.9	(0.2)	0.2		(2.2)	$ (1.1)
Foreign currency translation adjustments		0						(0.1)	(4.5)		0.1
Other comprehensive loss		0	(0.1)		4.6	(0.9)	(3.6)	(0.1)	(4.5)		0.1
Comprehensive income		$ (0.1)	$ (0.2)		$ 2.2	$ (2.6)	$ (1.7)	$ (0.3)	$ (4.3)		$ (2.1)

Restatement and Revision of P_6

Restatement and Revision of Previously Issued Consolidated Financial Statements - Schedule of Effect of Corrections on Consolidated Balance Sheets (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Prepaids and other current assets	$ 26.7				$ 19			$ 25.7
Total current assets	440				383.7			379.5
Other non-current assets	37.7				37		$ 35.6	24.5
Total assets	2,088.9				1,840.4		1,867.8	1,835.2
Accounts payable	113.2				103.6		121.6
Accrued expenses and other liabilities	151.4	$ 147.8	$ 146.2		169.5	$ 170.7	163.9	141.6
Total current liabilities	322.8	331	286		297.9	307.3	314.4	288.7
Deferred income taxes	120.6	119.6	90.7		91.3		143.5	143.4
Other long-term liabilities	80.5				67.1		43.3	44.8
Total non-current liabilities	1,601	1,646.6	1,487.5		1,438.9		1,559.3	1,587.5
Additional paid-in capital (deficit)	(44)		(49)		(54.7)	(58.2)	(62.5)	(65.3)
Retained earnings	241.4		202.6	$ 205.6	189.1	122.2
Accumulated other comprehensive income (loss)	(33.4)	(37.8)	(29.5)		(32)	(29.2)
Total equity (deficit)	165.1	133.7	125.3		103.6	36.2	(5.9)	(41)	$ (56.4)
Total liabilities and equity	$ 2,088.9				1,840.4		1,867.8	1,835.2
As Reported
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Prepaids and other current assets								25.8
Total current assets								379.6
Other non-current assets							35.5	26.3
Total assets							1,867.7	1,837.1
Accounts payable							120.1
Accrued expenses and other liabilities		139.6	138.2			162.9	159.9	137.7
Total current liabilities		322.8	278			299.5	308.9	284.8
Deferred income taxes		120.7	91.7				136.3	136.3
Other long-term liabilities							38.7	43
Total non-current liabilities		1,647.7	1,488.5				1,547.5	1,578.6
Additional paid-in capital (deficit)			(57.6)			(66.8)	(63.9)	(66.6)
Retained earnings			218.1			138.7
Accumulated other comprehensive income (loss)		(37.7)	(29.4)			(29.3)
Total equity (deficit)		140.8	132.3		110.4	44	11.3	(26.3)	(43.5)
Total liabilities and equity							1,867.7	1,837.1
Adjustment | Computation of Income Tax Expense
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Prepaids and other current assets								(0.1)
Total current assets								(0.1)
Other non-current assets							0.1	(1.8)
Total assets							0.1	(1.9)
Accounts payable							1.5
Accrued expenses and other liabilities		8.2	8			7.8	4	3.9
Total current liabilities		8.2	8			7.8	5.5	3.9
Deferred income taxes		(1.1)	(1)				7.2	7.1
Other long-term liabilities							4.6	1.8
Total non-current liabilities		(1.1)	(1)				11.8	8.9
Additional paid-in capital (deficit)			8.6			8.6	1.4	1.3
Retained earnings			(15.5)			(16.5)
Accumulated other comprehensive income (loss)		(0.1)				0.1
Total equity (deficit)		$ (7.1)	$ (7)		$ (6.8)	$ (7.8)	(17.2)	(14.7)	$ (12.9)
Total liabilities and equity							$ 0.1	$ (1.9)

Restatement and Revision of P_7

Restatement and Revision of Previously Issued Consolidated Financial Statements - Schedule of Effect of Corrections on Statements of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings	$ 26.8	$ 12	$ 12.4	$ 66.9	$ 30.7	$ 28.4	$ 6.9	$ 24.4	$ 35.3	$ 51.2	$ 66	$ 132.9
Amortization of debt issuance costs							1.4		2.7	4.1	4.1
Loss on early extinguishment of debt	0			0	1	0.2	0.5		0.7	0	1.7	(1.7)
Accounts receivable										(483)	(395.4)
Other current and long-term liabilities			(30)				(46.2)	(27)	(20.7)	(19.3)	(12.4)
Net cash provided by (used in) operating activities			(153.5)				(164.4)	(288)	(254)	(421.3)	(334.7)
Cash receipts on beneficial interest in sold receivables										463.6	404.6
Change in restricted cash											0
Net cash provided by investing activities										221.2	402.8
Payments on tax withholdings for equity awards										(2.9)	(4)
Net cash provided by financing activities										169.2	7.3
Net increase in cash and cash equivalents and restricted cash										(35)	68.4
Balance at beginning of period			128.7	128.6			60.2	128.7	60.2	128.7	60.2	60.2
Balance at end of period	$ 93.7			128.7	128.6					$ 93.7	128.6	128.7
As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings		12.1	12.5	65.8	33.1	30.1	5	24.6	35.1		68.2	134
Amortization of debt issuance costs							1.3		2.6		4
Loss on early extinguishment of debt				0	1	0.2	3.2		3.4		4.4	(4.4)
Accounts receivable											9.1
Other current and long-term liabilities			(30.1)				(46.9)	(27.2)	(23.1)		(21.2)
Net cash provided by (used in) operating activities			(153.5)				(164.4)	(288)	(254)		65.8
Cash receipts on beneficial interest in sold receivables											0
Change in restricted cash											6.3
Net cash provided by investing activities											4.5
Payments on tax withholdings for equity awards											0
Net cash provided by financing activities											11.3
Net increase in cash and cash equivalents and restricted cash											74.6
Balance at beginning of period				128.4			53.8		53.8		53.8	53.8
Balance at end of period					128.4						128.4
Computation of Income Tax Expense | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings		$ (0.1)	(0.1)	1.1	(2.4)	(1.7)	1.9	(0.2)	0.2		(2.2)	(1.1)
Amortization of debt issuance costs							0.1		0.1		0.1
Loss on early extinguishment of debt				0	0	$ 0	(2.7)		(2.7)		(2.7)	2.7
Accounts receivable											0
Other current and long-term liabilities			0.1				0.7	0.2	2.4		8.8
Net cash provided by (used in) operating activities			$ 0				0	$ 0	0		4
Cash receipts on beneficial interest in sold receivables											0
Change in restricted cash											0
Net cash provided by investing activities											0
Payments on tax withholdings for equity awards											(4)
Net cash provided by financing activities											(4)
Net increase in cash and cash equivalents and restricted cash											0
Balance at beginning of period				0			0		0		0	0
Balance at end of period					0						0
Accounting Standards Update 2016-15 and 2016-18
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accounts receivable											(404.5)
Net cash provided by (used in) operating activities											(404.5)
Cash receipts on beneficial interest in sold receivables											404.6
Change in restricted cash											(6.3)
Net cash provided by investing activities											398.3
Payments on tax withholdings for equity awards											0
Net cash provided by financing activities											0
Net increase in cash and cash equivalents and restricted cash											(6.2)
Balance at beginning of period				$ 0.2			$ 6.4		$ 6.4		6.4	$ 6.4
Balance at end of period					$ 0.2						$ 0.2

Restatement and Revision of P_8

Restatement and Revision of Previously Issued Consolidated Financial Statements - Schedule of Effect of Corrections on Equity (Details) - USD ($) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings	$ 26.8	$ 12	$ 12.4	$ 66.9	$ 30.7	$ 28.4	$ 6.9	$ 24.4	$ 35.3	$ 51.2	$ 66	$ 132.9
Other comprehensive income	4.4	(8.3)	2.5		7.1	3.9	3.2	(5.8)	7.1	(1.4)	14.2
Total equity (deficit)	165.1	133.7	125.3	103.6	36.2	(5.9)	(41)	133.7	(5.9)	165.1	36.2	103.6	$ (56.4)
As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings		12.1	12.5	65.8	33.1	30.1	5	24.6	35.1		68.2	134
Other comprehensive income		(8.3)	2.6		2.5	4.8	6.8	(5.7)	11.6		14.1
Total equity (deficit)		140.8	132.3	110.4	44	11.3	(26.3)	140.8	11.3		44	110.4	(43.5)
Computation of Income Tax Expense | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings		(0.1)	(0.1)	1.1	(2.4)	(1.7)	1.9	(0.2)	0.2		(2.2)	(1.1)
Other comprehensive income		0	(0.1)		4.6	(0.9)	(3.6)	(0.1)	(4.5)		0.1
Total equity (deficit)		(7.1)	(7)	(6.8)	(7.8)	(17.2)	(14.7)	(7.1)	(17.2)		(7.8)	(6.8)	(12.9)
Additional Paid-In Capital (Deficit)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)	(44)	(44.3)	(49)	(54.7)	(58.2)	(62.5)	(65.3)	(44.3)	(62.5)	(44)	(58.2)	(54.7)	(70.6)
Additional Paid-In Capital (Deficit) | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)		(52.9)	(57.6)	(63.3)		(63.9)	(66.6)	(52.9)	(63.9)			(63.3)	(72)
Additional Paid-In Capital (Deficit) | Computation of Income Tax Expense | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)		8.6	8.6	8.6		1.4	1.3	8.6	1.4			8.6	1.4
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net earnings	26.8	12	12.4		30.7	28.4	6.9
Total equity (deficit)	241.4	214.6	202.6	189.1	122.2	91.5	63.1	214.6	91.5	241.4	122.2	189.1	56.2
Retained Earnings | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)		230.2	218.1	204.5		105.6	75.5	230.2	105.6			204.5	70.5
Retained Earnings | Computation of Income Tax Expense | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)		(15.6)	(15.5)	(15.4)		(14.1)	(12.4)	(15.6)	(14.1)			(15.4)	(14.3)
Accumulated Other Comprehensive Loss
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other comprehensive income	4.4	(8.3)	2.5		7.1	3.9	3.2
Total equity (deficit)	$ (33.4)	(37.8)	(29.5)	$ (32)	$ (29.2)	(36.3)	(40.2)	(37.8)	(36.3)	$ (33.4)	$ (29.2)	$ (32)	$ (43.4)
Accumulated Other Comprehensive Loss | As Reported
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)		(37.7)	$ (29.4)			(31.8)	(36.6)	(37.7)	(31.8)
Accumulated Other Comprehensive Loss | Computation of Income Tax Expense | Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total equity (deficit)		$ (0.1)				$ (4.5)	$ (3.6)	$ (0.1)	$ (4.5)

Subsidiary Guarantors of Seni_3

Subsidiary Guarantors of Senior Notes - Narrative (Details)	Sep. 30, 2018
Welbilt, Inc
Subsidiary ownership (as a percent)	100.00%

Subsidiary Guarantors of Seni_4

Subsidiary Guarantors of Senior Notes - Consolidating Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Condensed Consolidating Statement of Operations
Total net sales	$ 412.9				$ 380.4					$ 1,184	$ 1,079.5
Cost of sales	259.8				236.5					755.4	675.4
Gross profit	153.1				143.9					428.6	404.1
Costs and expenses:
Selling, general and administrative expenses	71.7			$ 62.3	66.1					231	214.4	$ 276.7
Amortization expense	9.9				7.9					27.2	23.4
Separation expense	0				0.3					0.1	1.5
Restructuring expense	3.9				2.8					5.7	8.5
Gain from impairment or disposal of assets — net	(0.1)				(3.9)					(0.3)	(4.1)
Earnings from operations	67.7				70.7					164.9	160.4
Interest expense	23.3				21.7					66.7	65.9
Loss on early extinguishment of debt	0			0	1	$ 0.2	$ 0.5		$ 0.7	0	1.7	(1.7)
Other expense — net	4.9			(2.4)	3	(3.3)	(1.9)		(5.2)	28.7	8.2	(10.6)
Equity in earnings (loss) of subsidiaries	0				0					0	0
Earnings before income taxes	39.5			36.8	45	29.9	9.7		39.6	69.5	84.6	121.4
Income taxes	12.7	$ 5.2	$ 0.4	(30.1)	14.3	1.5	2.8	$ 5.6	4.3	18.3	18.6	(11.5)
Net earnings	26.8	12	12.4	$ 66.9	30.7	28.4	6.9	24.4	35.3	51.2	66	$ 132.9
Total other comprehensive income (loss), net of tax	4.4	(8.3)	2.5		7.1	3.9	3.2	(5.8)	7.1	(1.4)	14.2
Comprehensive income	31.2	$ 3.7	$ 14.9		37.8	$ 32.3	$ 10.1	$ 18.6	$ 42.4	49.8	80.2
Eliminations
Condensed Consolidating Statement of Operations
Total net sales	(111.5)				(92.2)					(345.5)	(280.1)
Cost of sales	(111.5)				(92.2)					(345.5)	(280.1)
Gross profit	0				0					0	0
Costs and expenses:
Selling, general and administrative expenses	0				0					0	0
Amortization expense	0				0					0	0
Separation expense					0					0	0
Restructuring expense	0				0					0	0
Gain from impairment or disposal of assets — net	0				0					0	0
Earnings from operations	0				0					0	0
Interest expense	0				0					0	0
Loss on early extinguishment of debt					0						0
Other expense — net	0				0					0	0
Equity in earnings (loss) of subsidiaries	(71.2)				(70.2)					(141.2)	(184.1)
Earnings before income taxes	(71.2)				(70.2)					(141.2)	(184.1)
Income taxes	0				0					0	0
Net earnings	(71.2)				(70.2)					(141.2)	(184.1)
Total other comprehensive income (loss), net of tax	(7)				(13.9)					14.4	(33.6)
Comprehensive income	(78.2)				(84.1)					(126.8)	(217.7)
Parent
Condensed Consolidating Statement of Operations
Total net sales	0				0					0	0
Cost of sales	1.1				1.2					2.8	2.9
Gross profit	(1.1)				(1.2)					(2.8)	(2.9)
Costs and expenses:
Selling, general and administrative expenses	5.3				9.2					24.5	28.3
Amortization expense	0				0					0	0
Separation expense					0.3					0.1	1.5
Restructuring expense	1.4				0.1					1.4	4.9
Gain from impairment or disposal of assets — net	0				0					0	0
Earnings from operations	(7.8)				(10.8)					(28.8)	(37.6)
Interest expense	21				20.7					61.2	63.1
Loss on early extinguishment of debt					1						1.7
Other expense — net	(4.3)				(2.6)					(12.3)	(7.3)
Equity in earnings (loss) of subsidiaries	51.6				49.7					107.7	127.8
Earnings before income taxes	27.1				19.8					30	32.7
Income taxes	0.3				(10.9)					(21.2)	(33.3)
Net earnings	26.8				30.7					51.2	66
Total other comprehensive income (loss), net of tax	4.3				7.1					(1.5)	14.2
Comprehensive income	31.1				37.8					49.7	80.2
Guarantor Subsidiaries
Condensed Consolidating Statement of Operations
Total net sales	290.3				273.8					842.1	792.4
Cost of sales	214.7				187					630.9	555.7
Gross profit	75.6				86.8					211.2	236.7
Costs and expenses:
Selling, general and administrative expenses	35.3				34.4					110.7	116.1
Amortization expense	7.1				7.1					21.4	21.3
Separation expense					0					0	0
Restructuring expense	1.1				2.4					1.2	3.2
Gain from impairment or disposal of assets — net	(0.1)				(0.1)					(0.3)	(0.5)
Earnings from operations	32.2				43					78.2	96.6
Interest expense	0.2				0.3					0.7	0.8
Loss on early extinguishment of debt					0						0
Other expense — net	(5.5)				(7.4)					(17.6)	(21.7)
Equity in earnings (loss) of subsidiaries	19.6				20.5					33.5	56.3
Earnings before income taxes	57.1				70.6					128.6	173.8
Income taxes	5.5				20.9					20.9	46
Net earnings	51.6				49.7					107.7	127.8
Total other comprehensive income (loss), net of tax	3.4				7.3					(8.8)	18.2
Comprehensive income	55				57					98.9	146
Non- Guarantor Subsidiaries
Condensed Consolidating Statement of Operations
Total net sales	234.1				198.8					687.4	567.2
Cost of sales	155.5				140.5					467.2	396.9
Gross profit	78.6				58.3					220.2	170.3
Costs and expenses:
Selling, general and administrative expenses	31.1				22.5					95.8	70
Amortization expense	2.8				0.8					5.8	2.1
Separation expense					0					0	0
Restructuring expense	1.4				0.3					3.1	0.4
Gain from impairment or disposal of assets — net	0				(3.8)					0	(3.6)
Earnings from operations	43.3				38.5					115.5	101.4
Interest expense	2.1				0.7					4.8	2
Loss on early extinguishment of debt					0						0
Other expense — net	14.7				13					58.6	37.2
Equity in earnings (loss) of subsidiaries	0				0					0	0
Earnings before income taxes	26.5				24.8					52.1	62.2
Income taxes	6.9				4.3					18.6	5.9
Net earnings	19.6				20.5					33.5	56.3
Total other comprehensive income (loss), net of tax	3.7				6.6					(5.5)	15.4
Comprehensive income	$ 23.3				$ 27.1					$ 28	$ 71.7

Subsidiary Guarantors of Seni_5

Subsidiary Guarantors of Senior Notes - Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Jan. 01, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 93.4				$ 128.4
Restricted cash	0.3				0.3
Accounts receivable — net	118.4				83.7
Inventories — net	201.2			$ 153.4	152.3
Prepaids and other current assets	26.7				19			$ 25.7
Total current assets	440				383.7			379.5
Property, plant and equipment — net	116.6				112.2
Goodwill	936.3				846.1
Other intangible assets — net	558.3				461.4
Intercompany long-term note receivable	0				0
Due from affiliates	0				0
Investment in subsidiaries	0				0
Other non-current assets	37.7				37		$ 35.6	24.5
Total assets	2,088.9				1,840.4		1,867.8	1,835.2
Current liabilities:
Accounts payable	113.2				103.6		121.6
Accrued expenses and other liabilities	151.4	$ 147.8	$ 146.2		169.5	$ 170.7	163.9	141.6
Short-term borrowings	30				0
Current portion of capital leases	0.5				0.7
Product warranties	27.7				24.1
Total current liabilities	322.8	331	286		297.9	307.3	314.4	288.7
Non-Current Liabilities:
Long-term debt and capital leases	1,358.7				1,232.2
Deferred income taxes	120.6	119.6	90.7		91.3		143.5	143.4
Pension and postretirement health obligations	41.2				48.3
Intercompany long-term note payable	0				0
Due to affiliates	0				0
Investment in subsidiaries	0				0
Other long-term liabilities	80.5				67.1		43.3	44.8
Total non-current liabilities	1,601	1,646.6	1,487.5		1,438.9		1,559.3	1,587.5
Total equity	165.1	$ 133.7	$ 125.3		103.6	$ 36.2	(5.9)	(41)	$ (56.4)
Total liabilities and equity	2,088.9				1,840.4		$ 1,867.8	$ 1,835.2
Eliminations
Current assets:
Cash and cash equivalents	0				(0.8)
Restricted cash	0				0
Accounts receivable — net	(3.7)				(1)
Inventories — net	0				0
Prepaids and other current assets	0				0
Total current assets	(3.7)				(1.8)
Property, plant and equipment — net	0				0
Goodwill	0				0
Other intangible assets — net	0				0
Intercompany long-term note receivable	(40)				(20)
Due from affiliates	(3,317.2)				(3,252.8)
Investment in subsidiaries	(4,117.1)				(4,009.4)
Other non-current assets	(10.4)				(7.7)
Total assets	(7,488.4)				(7,291.7)
Current liabilities:
Accounts payable	(3.7)				(1.8)
Accrued expenses and other liabilities	0				0
Short-term borrowings	0
Current portion of capital leases	0				0
Product warranties	0				0
Total current liabilities	(3.7)				(1.8)
Non-Current Liabilities:
Long-term debt and capital leases	0				0
Deferred income taxes	0				0
Pension and postretirement health obligations	(10.4)				(7.7)
Intercompany long-term note payable	(40)				(20)
Due to affiliates	(3,317.2)				(3,252.8)
Investment in subsidiaries	(406.7)				(440.2)
Other long-term liabilities	0				0
Total non-current liabilities	(3,774.3)				(3,720.7)
Total equity	(3,710.4)				(3,569.2)
Total liabilities and equity	(7,488.4)				(7,291.7)
Parent
Current assets:
Cash and cash equivalents	0.4				8.8
Restricted cash	0				0
Accounts receivable — net	0				0
Inventories — net	0				0
Prepaids and other current assets	7.5				5.3
Total current assets	7.9				14.1
Property, plant and equipment — net	0.3				0.5
Goodwill	0				0
Other intangible assets — net	3				0
Intercompany long-term note receivable	20				0
Due from affiliates	0				0
Investment in subsidiaries	4,117.1				4,009.4
Other non-current assets	11.4				10.8
Total assets	4,159.7				4,034.8
Current liabilities:
Accounts payable	0.3				0.2
Accrued expenses and other liabilities	10.4				20.7
Short-term borrowings	0
Current portion of capital leases	0				0
Product warranties	0				0
Total current liabilities	10.7				20.9
Non-Current Liabilities:
Long-term debt and capital leases	1,282				1,230.2
Deferred income taxes	72.5				73.7
Pension and postretirement health obligations	47				51.3
Intercompany long-term note payable	15.7				15.7
Due to affiliates	2,517				2,501.4
Investment in subsidiaries	0				0
Other long-term liabilities	49.7				38
Total non-current liabilities	3,983.9				3,910.3
Total equity	165.1				103.6
Total liabilities and equity	4,159.7				4,034.8
Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	0.3				0
Restricted cash	0				0
Accounts receivable — net	0				0
Inventories — net	90.5				69.8
Prepaids and other current assets	6				5.9
Total current assets	96.8				75.7
Property, plant and equipment — net	70.5				68.7
Goodwill	832.4				832.4
Other intangible assets — net	374.9				396.3
Intercompany long-term note receivable	20				20
Due from affiliates	3,317.2				3,252.8
Investment in subsidiaries	0				0
Other non-current assets	4.3				5.2
Total assets	4,716.1				4,651.1
Current liabilities:
Accounts payable	57.7				58.2
Accrued expenses and other liabilities	88.4				95.9
Short-term borrowings	0
Current portion of capital leases	0.4				0.5
Product warranties	17.9				16.2
Total current liabilities	164.4				170.8
Non-Current Liabilities:
Long-term debt and capital leases	0.9				1.2
Deferred income taxes	0				0
Pension and postretirement health obligations	4.6				4.7
Intercompany long-term note payable	0				0
Due to affiliates	0				0
Investment in subsidiaries	406.7				440.2
Other long-term liabilities	22.4				24.8
Total non-current liabilities	434.6				470.9
Total equity	4,117.1				4,009.4
Total liabilities and equity	4,716.1				4,651.1
Non- Guarantor Subsidiaries
Current assets:
Cash and cash equivalents	92.7				120.4
Restricted cash	0.3				0.3
Accounts receivable — net	122.1				84.7
Inventories — net	110.7				82.5
Prepaids and other current assets	13.2				7.8
Total current assets	339				295.7
Property, plant and equipment — net	45.8				43
Goodwill	103.9				13.7
Other intangible assets — net	180.4				65.1
Intercompany long-term note receivable	0				0
Due from affiliates	0				0
Investment in subsidiaries	0				0
Other non-current assets	32.4				28.7
Total assets	701.5				446.2
Current liabilities:
Accounts payable	58.9				47
Accrued expenses and other liabilities	52.6				52.9
Short-term borrowings	30
Current portion of capital leases	0.1				0.2
Product warranties	9.8				7.9
Total current liabilities	151.4				108
Non-Current Liabilities:
Long-term debt and capital leases	75.8				0.8
Deferred income taxes	48.1				17.6
Pension and postretirement health obligations	0				0
Intercompany long-term note payable	24.3				4.3
Due to affiliates	800.2				751.4
Investment in subsidiaries	0				0
Other long-term liabilities	8.4				4.3
Total non-current liabilities	956.8				778.4
Total equity	(406.7)				(440.2)
Total liabilities and equity	$ 701.5				$ 446.2

Subsidiary Guarantors of Seni_6

Subsidiary Guarantors of Senior Notes - Consolidating Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2018	Jun. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Condensed consolidating statement of cash flows
Net cash (used in) provided by operating activities	$ (153.5)	$ (164.4)	$ (288)	$ (254)	$ (421.3)	$ (334.7)
Cash flows from investing activities
Cash receipts on beneficial interest in sold receivables					463.6	404.6
Capital expenditures					(14)	(14.1)
Proceeds from sale of property, plant and equipment					0	12.3
Acquisition of intangible assets					(2.8)		$ 0
Business acquisition, net of cash acquired					(215.6)	0
Settlement of foreign exchange contract					(10)	0
Intercompany investment					0	0
Net cash provided by investing activities					221.2	402.8
Cash flows from financing activities
Proceeds from long-term debt					276	140.9
Repayments on long-term debt and capital leases					(139.5)	(134.8)
Debt issuance costs					(0.4)	(2)
Proceeds from short-term borrowings					30	4
Changes in short-term borrowings						4
Exercises of stock options					6	3.2
Payments on tax withholdings for equity awards					(2.9)	(4)
Intercompany financing					0	0
Net cash provided by financing activities					169.2	7.3
Effect of exchange rate changes on cash					(4.1)	(7)
Net (decrease) increase in cash and cash equivalents and restricted cash					(35)	68.4
Balance at beginning of period	128.7	60.2	128.7	60.2	128.7	60.2	60.2
Balance at end of period					93.7	128.6	128.7
Eliminations
Condensed consolidating statement of cash flows
Net cash (used in) provided by operating activities					0.5	0
Cash flows from investing activities
Cash receipts on beneficial interest in sold receivables					0	0
Capital expenditures					0	0
Proceeds from sale of property, plant and equipment						0
Acquisition of intangible assets					0
Business acquisition, net of cash acquired					0
Settlement of foreign exchange contract					0
Intercompany investment					(4.4)	65.6
Net cash provided by investing activities					(4.4)	65.6
Cash flows from financing activities
Proceeds from long-term debt					0	0
Repayments on long-term debt and capital leases					0	0
Debt issuance costs					0	0
Proceeds from short-term borrowings					0
Changes in short-term borrowings						0
Exercises of stock options					0	0
Payments on tax withholdings for equity awards					0	0
Intercompany financing					4.7	(65.6)
Net cash provided by financing activities					4.7	(65.6)
Effect of exchange rate changes on cash					0	0
Net (decrease) increase in cash and cash equivalents and restricted cash					0.8	0
Balance at beginning of period	(0.8)	0	(0.8)	0	(0.8)	0	0
Balance at end of period					0	0	(0.8)
Parent
Condensed consolidating statement of cash flows
Net cash (used in) provided by operating activities					(65.4)	(25.9)
Cash flows from investing activities
Cash receipts on beneficial interest in sold receivables					0	0
Capital expenditures					(0.2)	(0.4)
Proceeds from sale of property, plant and equipment						0
Acquisition of intangible assets					(2.8)
Business acquisition, net of cash acquired					0
Settlement of foreign exchange contract					0
Intercompany investment					0	0
Net cash provided by investing activities					(3)	(0.4)
Cash flows from financing activities
Proceeds from long-term debt					176	140.3
Repayments on long-term debt and capital leases					(114)	(133.8)
Debt issuance costs					(0.4)	(2)
Proceeds from short-term borrowings					0
Changes in short-term borrowings						0
Exercises of stock options					6	3.2
Payments on tax withholdings for equity awards					(2.9)	(4)
Intercompany financing					(4.7)	29.8
Net cash provided by financing activities					60	33.5
Effect of exchange rate changes on cash					0	0
Net (decrease) increase in cash and cash equivalents and restricted cash					(8.4)	7.2
Balance at beginning of period	8.8	0.4	8.8	0.4	8.8	0.4	0.4
Balance at end of period					0.4	7.6	8.8
Guarantor Subsidiaries
Condensed consolidating statement of cash flows
Net cash (used in) provided by operating activities					74.2	69.4
Cash flows from investing activities
Cash receipts on beneficial interest in sold receivables					0	0
Capital expenditures					(9.2)	(8.9)
Proceeds from sale of property, plant and equipment						6
Acquisition of intangible assets					0
Business acquisition, net of cash acquired					0
Settlement of foreign exchange contract					0
Intercompany investment					(64.4)	(65.6)
Net cash provided by investing activities					(73.6)	(68.5)
Cash flows from financing activities
Proceeds from long-term debt					0	0
Repayments on long-term debt and capital leases					(0.3)	(0.3)
Debt issuance costs					0	0
Proceeds from short-term borrowings					0
Changes in short-term borrowings						0
Exercises of stock options					0	0
Payments on tax withholdings for equity awards					0	0
Intercompany financing					0	0
Net cash provided by financing activities					(0.3)	(0.3)
Effect of exchange rate changes on cash					0	0
Net (decrease) increase in cash and cash equivalents and restricted cash					0.3	0.6
Balance at beginning of period	0	2.3	0	2.3	0	2.3	2.3
Balance at end of period					0.3	2.9	0
Non- Guarantor Subsidiaries
Condensed consolidating statement of cash flows
Net cash (used in) provided by operating activities					(430.6)	(378.2)
Cash flows from investing activities
Cash receipts on beneficial interest in sold receivables					463.6	404.6
Capital expenditures					(4.6)	(4.8)
Proceeds from sale of property, plant and equipment						6.3
Acquisition of intangible assets					0
Business acquisition, net of cash acquired					(215.6)
Settlement of foreign exchange contract					(10)
Intercompany investment					68.8	0
Net cash provided by investing activities					302.2	406.1
Cash flows from financing activities
Proceeds from long-term debt					100	0.6
Repayments on long-term debt and capital leases					(25.2)	(0.7)
Debt issuance costs					0	0
Proceeds from short-term borrowings					30
Changes in short-term borrowings						4
Exercises of stock options					0	0
Payments on tax withholdings for equity awards					0	0
Intercompany financing					0	35.8
Net cash provided by financing activities					104.8	39.7
Effect of exchange rate changes on cash					(4.1)	(7)
Net (decrease) increase in cash and cash equivalents and restricted cash					(27.7)	60.6
Balance at beginning of period	$ 120.7	$ 57.5	$ 120.7	$ 57.5	120.7	57.5	57.5
Balance at end of period					$ 93	$ 118.1	$ 120.7

Subsequent Events (Details)

Subsequent Events (Details) € in Millions

Nov. 14, 2018EUR (€)

Oct. 23, 2018USD ($)

Oct. 31, 2018USD ($)

Sep. 30, 2018USD ($)

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Dec. 31, 2019

Sep. 30, 2019

Apr. 30, 2018USD ($)

Feb. 28, 2018

Mar. 03, 2016USD ($)

Subsequent Event [Line Items]

Consolidated total leverage ratio (less than)

5

5.25

Consolidated interest coverage Ratio (greater than)

3

Outstanding debt issuance costs, revolving credit facility

$ 2,200,000

Subsequent Event

Subsequent Event [Line Items]

Accrued pension obligations transferred

$ 8,000,000

Non-cash settlement expense

$ 2,000,000

Loss from diversion of funds | €

€ 4

Scenario, Forecast

Subsequent Event [Line Items]

Consolidated total leverage ratio (less than)

4

Line of Credit | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Outstanding debt issuance costs, revolving credit facility

$ 13,000,000

Line of Credit | 2016 Credit Agreement

Subsequent Event [Line Items]

Line of credit facility

$ 1,200,000,000

Outstanding debt issuance costs, revolving credit facility

$ 19,800,000

Line of Credit | Base Rate | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Spreads for LIBOR and prime borrowings (as a percent)

1.00%

Term Loan | LIBOR | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Spreads for LIBOR and prime borrowings (as a percent)

2.50%

Term Loan B Facility | Line of Credit | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Long-term Debt

$ 900,000,000

Consolidated total leverage ratio (less than)

5.75

Consolidated interest coverage Ratio (greater than)

2.50

Consolidated interest coverage ratio acceptable overage

0.50

Consolidated total leverage ratio including acceptable overage

5.50

Term Loan B Facility | Line of Credit | 2016 Credit Agreement

Subsequent Event [Line Items]

Line of credit facility

975,000,000

Term Loan B Facility | Line of Credit | Scenario, Forecast | 2016 Credit Agreement Amended

Subsequent Event [Line Items]

Consolidated total leverage ratio (less than)

4.25

Consolidated total leverage ratio annual reduction

0.50

0.25

Consolidated interest coverage Ratio (greater than)

3

Consolidated interest coverage ratio, annual increase

0.25

Revolving credit facility | Line of Credit | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Line of credit facility

$ 400,000,000

Borrowings outstanding under revolving facility

$ 90,000,000

Pro forma senior secured leverage ratio (less than)

3.75

Revolving credit facility | Line of Credit | 2016 Credit Agreement

Subsequent Event [Line Items]

Line of credit facility

$ 275,000,000

225,000,000

Revolving credit facility | Line of Credit | LIBOR | 2016 Credit Agreement

Subsequent Event [Line Items]

Spreads for LIBOR and prime borrowings (as a percent)

2.50%

Revolving credit facility | Line of Credit | Base Rate | 2016 Credit Agreement

Subsequent Event [Line Items]

Spreads for LIBOR and prime borrowings (as a percent)

1.50%

Letter of Credit | Line of Credit | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Line of credit facility

$ 30,000,000

Letter of Credit | Line of Credit | 2016 Credit Agreement

Subsequent Event [Line Items]

Line of credit facility

$ 20,000,000

Revolving Credit Facility and Term Loans | Line of Credit | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Line of credit facility

$ 275,000,000

Minimum | Subsequent Event

Subsequent Event [Line Items]

Estimate of loss from diversion of funds | €

1

Minimum | Revolving credit facility | Line of Credit | LIBOR | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Spreads for LIBOR and prime borrowings (as a percent)

1.50%

Maximum | Subsequent Event

Subsequent Event [Line Items]

Estimate of loss from diversion of funds | €

€ 3

Maximum | Revolving credit facility | Line of Credit | LIBOR | 2016 Credit Agreement Amended | Subsequent Event

Subsequent Event [Line Items]

Spreads for LIBOR and prime borrowings (as a percent)

2.50%