Pensions and Other Postretirement Benefits (Details) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2017 |
Change in fair value of plan assets [Abstract] | | | | | |
Company contributions | | $ 68.7 | $ 78.7 | | |
Other changes in plan assets and benefit obligations for continuing operations recognized in other comprehensive loss (income) [Abstract] | | | | | |
Total recognized in other comprehensive (income) loss, after taxes | | $ (12.3) | (17.7) | $ 151 | |
Defined contribution plan [Abstract] | | | | | |
Employer matching contribution percentage | | 80.00% | | | |
Maximum percentage of employee's compensation eligible for employer matching contributions | | 5.00% | | | |
Additional employer annual contribution percentage | | 5.00% | | | |
Charges for defined contribution plans | | $ 8.9 | $ 8.9 | 11.4 | |
Pension Plan [Member] | | | | | |
Defined Benefit Plan Disclosure [Line Items] | | | | | |
Decrease in defined benefit obligation | | $ 18 | | | |
Following are the weighted average assumptions used to determine the benefit obligations [Abstract] | | | | | |
Discount rate | | 4.22% | 4.50% | | |
Rate of compensation increase | | 3.60% | 3.60% | | |
Change in projected benefit obligation [Abstract] | | | | | |
Projected benefit obligation at January 1 | | $ 1,452.5 | $ 1,569 | | |
Service cost | | 8.8 | 13 | 17.3 | |
Interest cost | | 50.9 | 61 | 62.3 | |
Actuarial loss (gain) | | 65.8 | (81.7) | | |
Amendments | | 0.7 | 1.5 | | |
Defined Benefit Plan, Effect of Plan Amendment on Accumulated Benefit Obligation | | (1) | 0 | | |
Foreign currency exchange rate changes | | (8.7) | (8.9) | | |
Plan participants’ contributions | | 0 | 0 | | |
Settlements | | (77.8) | (16.3) | | |
Transfer of liabilities from continuing to discontinued operations | | 0 | 0 | | |
Curtailments | | (2.4) | (5.4) | | |
Benefits paid | | (83.3) | (79.7) | | |
Projected benefit obligation at December 31 | | 1,405.5 | 1,452.5 | 1,569 | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 1,271 | 1,344.9 | | |
Actual return on plan assets | | 106.4 | (40.5) | | |
Foreign currency exchange rate changes | | (3.4) | (8.2) | | |
Company contributions | | 67.1 | 76.9 | | |
Plan participants’ contributions | | 0 | 0 | | |
Settlements | | (77.8) | (22.4) | | |
Other | | (2.7) | 0 | | |
Benefits paid | | (83.3) | (79.7) | | |
Fair value of plan assets at December 31 | | 1,277.3 | 1,271 | $ 1,344.9 | |
Funded status of the plan (liability) | | (128.2) | (181.5) | | |
Amount recognized in the consolidated balance sheets [Abstract] | | | | | |
Accrued benefit liability | [1] | (128.2) | (181.5) | | |
Total | | (128.2) | (181.5) | | |
The amounts in accumulated other comprehensive income (loss) that has not yet been recognized as components of net periodic benefit cost [Abstract] | | | | | |
Prior service (cost) credit | | (3.5) | (3.6) | | |
Net actuarial (loss) gain | | (468.1) | (495.5) | | |
Accumulated other comprehensive income (loss) – pretax | | (471.6) | (499.1) | | |
Accumulated other comprehensive income (loss) – net of tax | | (300.6) | (314) | | |
Accumulated benefit obligation | | 1,367.4 | 1,404.9 | | |
Other changes in plan assets and benefit obligations for continuing operations recognized in other comprehensive loss (income) [Abstract] | | | | | |
Current year net actuarial loss (gain) | | 40.5 | 58.8 | | |
Current year prior service cost (credit) | | 0.2 | 1.5 | | |
Amortization of net actuarial (loss) gain | | (39.8) | (54.7) | | |
Amortization of prior service (cost) credit | | (0.7) | (0.8) | | |
Recognition of prior service cost due to curtailment | | 0 | (4.8) | | |
Transfer of actuarial (loss) gain from continuing to discontinued operations | | 0 | 0 | | |
Curtailment (loss) | | 0.4 | (5.4) | | |
Settlement (loss) | | (21) | (8.9) | | |
Foreign currency exchange rate changes on the above line items | | (7.1) | (7.2) | | |
Total recognized in other comprehensive (income) loss, before taxes | | (27.5) | (21.5) | | |
Total recognized in other comprehensive (income) loss, after taxes | | (13.4) | $ (15.4) | | |
Estimated amounts that will be amortized from AOCI during next fiscal year [Abstract] | | | | | |
Net actuarial gain (loss) that will be amortized from AOCI into net annual benefit cost (income) during 2014 | | 16.2 | | | |
Prior service cost (credit) that will be amortized from AOCI into net annual benefit cost (income) during 2014 | | $ 0.7 | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Discount rate | | 4.50% | 4.15% | 4.95% | |
Reduction in periodic benefit cost | | $ 12 | | | |
Expected return on plan assets | | 7.00% | 7.25% | 7.75% | |
Rate of compensation increase | | 3.60% | 3.60% | 3.60% | |
Components of net annual benefit cost [Abstract] | | | | | |
Service cost | | $ 8.8 | $ 13 | $ 17.3 | |
Interest cost | | 50.9 | 61 | 62.3 | |
Expected return on plan assets | | (87.3) | (88.9) | (86.3) | |
Amortization of prior service cost | | 0.7 | 0.8 | 1.9 | |
Amortization of net actuarial and other (gain) loss | | 41.3 | 54.6 | 30.5 | |
Recognized (gain) loss due to curtailments | | (0.4) | 4.8 | 0 | |
Recognized (gain) loss due to settlement | | 21 | 8.9 | 4.2 | |
Net annual benefit cost | | 35 | 54.2 | $ 29.9 | |
Estimated Net Future Benefit Payments [Abstract] | | | | | |
2,017 | | 86.1 | | | |
2,018 | | 85.2 | | | |
2,019 | | 86.1 | | | |
2,020 | | 85.8 | | | |
2,021 | | 85.5 | | | |
2022 – 2026 | | 427.8 | | | |
Pension Plan [Member] | Minimum [Member] | Scenario, Forecast [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Reduction in periodic benefit cost | | | | | $ 18 |
Pension Plan [Member] | Maximum [Member] | Scenario, Forecast [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Reduction in periodic benefit cost | | | | | $ 22 |
Pension Plan [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 1,271 | | | |
Fair value of plan assets at December 31 | | 1,277.3 | 1,271 | | |
Pension Plan [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 1,006.2 | | | |
Fair value of plan assets at December 31 | | 999.7 | 1,006.2 | | |
Pension Plan [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 174 | | | |
Fair value of plan assets at December 31 | | 153.2 | 174 | | |
Pension Plan [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.9 | | | |
Fair value of plan assets at December 31 | | 45.6 | 0.9 | | |
Pension Plan [Member] | Cash and Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 62.4 | | | |
Fair value of plan assets at December 31 | | 118.6 | 62.4 | | |
Pension Plan [Member] | Cash and Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 62.4 | | | |
Fair value of plan assets at December 31 | | 118.6 | 62.4 | | |
Pension Plan [Member] | Cash and Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Cash and Short-term Investments [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Common Stock [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 742.1 | | | |
Fair value of plan assets at December 31 | | 692 | 742.1 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Common Stock [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 742.1 | | | |
Fair value of plan assets at December 31 | | 692 | 742.1 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Common Stock [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Common Stock [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Preferred Stock [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.3 | | | |
Fair value of plan assets at December 31 | | 0 | 0.3 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Preferred Stock [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.3 | | | |
Fair value of plan assets at December 31 | | 0 | 0.3 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Preferred Stock [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Preferred Stock [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 187.9 | | | |
Fair value of plan assets at December 31 | | 154.6 | 187.9 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 187.9 | | | |
Fair value of plan assets at December 31 | | 154.6 | 187.9 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at December 31 | | 45 | | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Investment Contracts [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 45.6 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Investment Contracts [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 174 | | | |
Fair value of plan assets at December 31 | | 220 | 174 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Investment Contracts [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 21.2 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Investment Contracts [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 174 | | | |
Fair value of plan assets at December 31 | | 153.2 | 174 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Investment Contracts [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 45.6 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 9.8 | | | |
Fair value of plan assets at December 31 | | 11.2 | 9.8 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 9.8 | | | |
Fair value of plan assets at December 31 | | 11.2 | 9.8 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 1.2 | | | |
Fair value of plan assets at December 31 | | 0 | 1.2 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 1.2 | | | |
Fair value of plan assets at December 31 | | 0 | 1.2 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Government Debt [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 2.5 | | | |
Fair value of plan assets at December 31 | | 0 | 2.5 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Government Debt [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 2.5 | | | |
Fair value of plan assets at December 31 | | 0 | 2.5 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Government Debt [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Fixed Income Investments [Member] | Fair Value, Measurements, Recurring [Member] | Government Debt [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Real Estate/Property [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.8 | | | |
Fair value of plan assets at December 31 | | 2.6 | 0.8 | | |
Pension Plan [Member] | Real Estate/Property [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 2.6 | 0 | | |
Pension Plan [Member] | Real Estate/Property [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Real Estate/Property [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.8 | | | |
Fair value of plan assets at December 31 | | 0 | 0.8 | | |
Pension Plan [Member] | Other Investments [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.1 | | | |
Fair value of plan assets at December 31 | | (0.5) | 0.1 | | |
Pension Plan [Member] | Other Investments [Member] | Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | (0.5) | 0 | | |
Pension Plan [Member] | Other Investments [Member] | Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0 | | | |
Fair value of plan assets at December 31 | | 0 | 0 | | |
Pension Plan [Member] | Other Investments [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | | 0.1 | | | |
Fair value of plan assets at December 31 | | 0 | 0.1 | | |
Pension Plan [Member] | Investments Measured at Net Asset Value [Member] | Fair Value, Measurements, Recurring [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | [2] | 89.9 | | | |
Fair value of plan assets at December 31 | [2] | $ 78.8 | 89.9 | | |
Qualified Plan [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Percentage of inactive participants | | 95.00% | | | |
Postretirement Life Plan [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Percentage of inactive participants | | 93.00% | | | |
Pension Plan,U.S. Plans with Assets [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | | $ (88.3) | (135.3) | | |
Pension Plan, U.S.Plans without Assets [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | | (33.3) | (37.5) | | |
Pension Plan, Non-U.S. Plans With Assets [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | | (3.7) | (4.8) | | |
U.S. Defined Benefit Pension Plan [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Company contributions | | $ 35 | $ 65 | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Expected return on plan assets | | 7.00% | 7.25% | 7.75% | |
Components of net annual benefit cost [Abstract] | | | | | |
Historical compound annual rate of return of plan's trust over the last 20 years | | 8.40% | | | |
Estimated inflation rate assumptions for rate of return on plan assets | | 2.10% | | | |
Pension and Other Postretirement Benefit Contributions [Abstract] | | | | | |
Expected total voluntary cash contributions to U.S. defined benefit pension plan for 2014 | | $ 40 | | | |
U.S. Defined Benefit Pension Plan [Member] | Cash and Short-term Investments [Member] | | | | | |
Target plan asset allocations [Abstract] | | | | | |
Target asset allocation, minimum | | 0.00% | | | |
Target asset allocation, maximum | | 5.00% | | | |
U.S. Defined Benefit Pension Plan [Member] | Equity Securities [Member] | | | | | |
Target plan asset allocations [Abstract] | | | | | |
Target asset allocation, minimum | | 80.00% | | | |
Target asset allocation, maximum | | 90.00% | | | |
U.S. Defined Benefit Pension Plan [Member] | Equity Securities [Member] | Minimum [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Expected return on plan assets | | 8.40% | | | |
U.S. Defined Benefit Pension Plan [Member] | Equity Securities [Member] | Maximum [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Expected return on plan assets | | 9.60% | | | |
U.S. Defined Benefit Pension Plan [Member] | Fixed Income Investments [Member] | | | | | |
Target plan asset allocations [Abstract] | | | | | |
Target asset allocation, minimum | | 10.00% | | | |
Target asset allocation, maximum | | 20.00% | | | |
U.S. Defined Benefit Pension Plan [Member] | Fixed Income Investments [Member] | Minimum [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Expected return on plan assets | | 5.70% | | | |
U.S. Defined Benefit Pension Plan [Member] | Fixed Income Investments [Member] | Maximum [Member] | | | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Expected return on plan assets | | 7.70% | | | |
Foreign Pension Plan [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Company contributions | | $ 27.3 | $ 4.1 | | |
Foreign Pension Plan [Member] | UNITED KINGDOM | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Company contributions | | 21 | | | |
Other Postretirement Benefit Plan [Member] | | | | | |
Change in projected benefit obligation [Abstract] | | | | | |
Projected benefit obligation at January 1 | [3] | 20 | 26.4 | | |
Service cost | [3] | 0 | 0 | $ 0.1 | |
Interest cost | [3] | 0.8 | 0.9 | 1 | |
Actuarial loss (gain) | [3] | 0 | (2.5) | | |
Amendments | [3] | 0 | (2) | | |
Defined Benefit Plan, Effect of Plan Amendment on Accumulated Benefit Obligation | [4] | 0 | 0 | | |
Foreign currency exchange rate changes | [3] | 0 | 0 | | |
Plan participants’ contributions | [3] | 0.7 | 2.1 | | |
Settlements | [3] | 0 | 0 | | |
Transfer of liabilities from continuing to discontinued operations | [3] | 0 | (1) | | |
Curtailments | [3] | 0 | 0 | | |
Benefits paid | [3] | (2.3) | (3.9) | | |
Projected benefit obligation at December 31 | [3] | 19.2 | 20 | 26.4 | |
Change in fair value of plan assets [Abstract] | | | | | |
Fair value of plan assets at January 1 | [3] | 0 | 0 | | |
Actual return on plan assets | [3] | 0 | 0 | | |
Foreign currency exchange rate changes | [3] | 0 | 0 | | |
Company contributions | [3] | 1.6 | 1.8 | | |
Plan participants’ contributions | [3] | 0.7 | 2.1 | | |
Settlements | [3] | 0 | 0 | | |
Other | | 0 | 0 | | |
Benefits paid | [3] | (2.3) | (3.9) | | |
Fair value of plan assets at December 31 | [3] | 0 | 0 | $ 0 | |
Funded status of the plan (liability) | [3] | (19.2) | (20) | | |
Amount recognized in the consolidated balance sheets [Abstract] | | | | | |
Accrued benefit liability | [1],[3] | (19.2) | (20) | | |
Total | [3] | (19.2) | (20) | | |
The amounts in accumulated other comprehensive income (loss) that has not yet been recognized as components of net periodic benefit cost [Abstract] | | | | | |
Prior service (cost) credit | [3] | (0.5) | (0.6) | | |
Net actuarial (loss) gain | [3] | 9.2 | 10.4 | | |
Accumulated other comprehensive income (loss) – pretax | [3] | 8.7 | 9.8 | | |
Accumulated other comprehensive income (loss) – net of tax | [3] | 5.6 | 6.1 | | |
Other changes in plan assets and benefit obligations for continuing operations recognized in other comprehensive loss (income) [Abstract] | | | | | |
Current year net actuarial loss (gain) | [3] | 0 | (2.5) | | |
Current year prior service cost (credit) | [3] | 0 | (2.1) | | |
Amortization of net actuarial (loss) gain | [3] | 1.1 | 1.2 | | |
Amortization of prior service (cost) credit | [3] | 0 | (0.1) | | |
Recognition of prior service cost due to curtailment | [3] | 0 | (0.5) | | |
Transfer of actuarial (loss) gain from continuing to discontinued operations | [3] | 0 | 1.3 | | |
Curtailment (loss) | [3] | 0 | 0 | | |
Settlement (loss) | [3] | 0 | 0 | | |
Foreign currency exchange rate changes on the above line items | [3] | 0 | 0 | | |
Total recognized in other comprehensive (income) loss, before taxes | [3] | 1.1 | (2.7) | | |
Total recognized in other comprehensive (income) loss, after taxes | [3] | 0.5 | $ (1.7) | | |
Estimated amounts that will be amortized from AOCI during next fiscal year [Abstract] | | | | | |
Net actuarial gain (loss) that will be amortized from AOCI into net annual benefit cost (income) during 2014 | | (1) | | | |
Prior service cost (credit) that will be amortized from AOCI into net annual benefit cost (income) during 2014 | | $ 0 | | | |
Assumptions used in calculating net periodic benefit cost (income) [Abstract] | | | | | |
Discount rate | [3] | 3.97% | 4.15% | 4.95% | |
Expected return on plan assets | [3] | 0.00% | 0.00% | 0.00% | |
Rate of compensation increase | [3] | 0.00% | 0.00% | 0.00% | |
Components of net annual benefit cost [Abstract] | | | | | |
Service cost | [3] | $ 0 | $ 0 | $ 0.1 | |
Interest cost | [3] | 0.8 | 0.9 | 1 | |
Expected return on plan assets | [3] | 0 | 0 | 0 | |
Amortization of prior service cost | [3] | 0 | 0.1 | 0.2 | |
Amortization of net actuarial and other (gain) loss | [3] | (1.2) | (1.2) | (1.6) | |
Recognized (gain) loss due to curtailments | | 0 | 0.5 | 0 | |
Recognized (gain) loss due to settlement | [3] | 0 | 0 | 0 | |
Net annual benefit cost | [3] | (0.4) | 0.3 | $ (0.3) | |
Estimated Net Future Benefit Payments [Abstract] | | | | | |
2,017 | | 1.9 | | | |
2,018 | | 1.9 | | | |
2,019 | | 1.8 | | | |
2,020 | | 1.7 | | | |
2,021 | | 1.7 | | | |
2022 – 2026 | | 7 | | | |
Other Postretirement Benefit Plan, U.S. Plan with Assets [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | [3] | 0 | 0 | | |
Other Postretirement Benefit Plan, U.S. Plans without Assets [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | [3] | (19.2) | (20) | | |
Other Postretirement Benefit Plan, Non-U.S. Plans with Assets [Member] | | | | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | [3] | $ 0 | $ 0 | | |
Other Pension Plan [Member] | | | | | |
Following are the weighted average assumptions used to determine the benefit obligations [Abstract] | | | | | |
Discount rate | | 3.55% | 3.72% | | |
Change in fair value of plan assets [Abstract] | | | | | |
Company contributions | | $ 4.8 | $ 7.8 | | |
Funded status of the plan (liability) | | $ (2.9) | $ (3.9) | | |
Other Postretirement Benefit Plan, All Other Plans [Member] | | | | | |
Following are the weighted average assumptions used to determine the benefit obligations [Abstract] | | | | | |
Discount rate | | 3.77% | 3.97% | | |
Change in fair value of plan assets [Abstract] | | | | | |
Funded status of the plan (liability) | [3] | $ 0 | $ 0 | | |
| |
[1] | Recorded as "Accrued pension and other postretirement benefits, current and long-term" on the consolidated balance sheets. | |
[2] | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the statement of financial position. These investments are redeemable with the fund at net asset value under the original terms of the partnership agreements and/or subscription agreements and operations of the underlying funds. However, it is possible that these redemption rights may be restricted or eliminated by the funds in the future in accordance with the underlying fund agreements. Due to the nature of the investments held by the funds, changes in market conditions and the economic environment may significantly impact the net asset value of the funds and, consequently, the fair value of the interests in the funds. Furthermore, changes to the liquidity provisions of the funds may significantly impact the fair value of the interest in the funds. | |
[3] | Refer to Note 9 for information on our discontinued postretirement benefit plans. | |
[4] | Refer to Note 9 for information on our discontinued postretirement benefit plans. | |