The Brink's Company (BCO) 10-Q 28 Jul 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 26, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Document Fiscal Year Focus	2,016
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Period Focus	Q2
Entity Registrant Name	BRINKS CO
Entity Central Index Key	78,890
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		49,535,599
Trading Symbol	bco

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 169.6	$ 181.9
Restricted cash	50.7	16.4
Accounts receivable, net	490	478.1
Prepaid expenses and other	119.3	101.3
Total current assets	829.6	777.7
Property and equipment, net	539	549
Goodwill	192.8	185.3
Other intangibles	28.7	28.5
Deferred income taxes	324.7	329.8
Other	74.3	76.4
Total assets	1,989.1	1,946.7
Current liabilities:
Short-term borrowings	77.2	32.6
Current maturities of long-term debt	32.3	39.8
Accounts payable	126.6	155.3
Accrued liabilities	377.9	401.2
Restricted cash held for customers	41.5	12.9
Total current liabilities	655.5	641.8
Long-term debt	373	358.1
Accrued pension costs	208.2	219.4
Retirement benefits other than pensions	258.5	259.2
Deferred income taxes	8	8.1
Other	127.8	129.5
Total liabilities	1,631	1,616.1
Contingent liabilities (notes 3, 4, 11 and 12)
The Brink's Company (Brink's) shareholders:
Common stock	49.5	48.9
Capital in excess of par value	606.4	599.6
Retained earnings	548.6	561.3
Accumulated other comprehensive loss	(863.7)	(891.9)
Brink’s shareholders	340.8	317.9
Noncontrolling interests	17.3	12.7
Total equity	358.1	330.6
Total liabilities and equity	$ 1,989.1	$ 1,946.7

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenues		$ 739.5	$ 760.3	$ 1,461.3	$ 1,536.4
Costs and expenses:
Cost of revenues		604.5	620.9	1,201.5	1,250
Selling, general and administrative expenses		106.7	120	217	232.3
Total costs and expenses		711.2	740.9	1,418.5	1,482.3
Other operating expense		6.2	34	6.9	55.8
Operating profit (loss)		22.1	(14.6)	35.9	(1.7)
Interest expense		(4.9)	(4.7)	(9.8)	(9.6)
Interest and other income		0.7	0.4	0.7	0.8
Income (loss) from continuing operations before tax		17.9	(18.9)	26.8	(10.5)
Provision for income taxes		14.5	7.6	23.9	23.1
Income (loss) from continuing operations		3.4	(26.5)	2.9	(33.6)
Income (loss) from discontinued operations, net of tax		0	0.1	0	(2.3)
Net income (loss)		3.4	(26.4)	2.9	(35.9)
Less net income (loss) attributable to noncontrolling interests		3.1	(13.5)	5.7	(20)
Net income (loss) attributable to Brink’s		0.3	(12.9)	(2.8)	(15.9)
Amounts attributable to Brink’s
Continuing operations		0.3	(13)	(2.8)	(13.6)
Discontinued operations		0	0.1	0	(2.3)
Net income (loss) attributable to Brink’s		$ 0.3	$ (12.9)	$ (2.8)	$ (15.9)
Basic:
Continuing operations (dollars per share)	[1]	$ 0.01	$ (0.26)	$ (0.06)	$ (0.28)
Discontinued operations (dollars per share)	[1]	0	0	0	(0.05)
Net income (loss) (dollars per share)	[1]	0.01	(0.26)	(0.06)	(0.32)
Diluted:
Continuing operations (dollars per share)	[1]	0.01	(0.26)	(0.06)	(0.28)
Discontinued operations (dollars per share)	[1]	0	0	0	(0.05)
Net income (loss) (dollars per share)	[1]	$ 0.01	$ (0.26)	$ (0.06)	$ (0.32)
Weighted-average shares
Basic (shares)		49.9	49.3	49.7	49.2
Diluted (shares)		50.3	49.3	49.7	49.2
Cash dividends paid per common share (dollars per share)		$ 0.1	$ 0.1	$ 0.2	$ 0.2
[1]	Amounts may not add due to rounding.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 3.4	$ (26.4)	$ 2.9	$ (35.9)
Benefit plan adjustments:
Benefit plan experience gains	12.6	13.4	24.3	27.6
Benefit plan prior service cost	(0.6)	(0.5)	(1)	(3.5)
Deferred profit sharing	0	0.2	0	0.2
Total benefit plan adjustments	12	13.1	23.3	24.3
Foreign currency translation adjustments	(3.5)	6.9	14.3	(43.5)
Unrealized net losses on available-for-sale securities	(0.2)	(0.1)	0	(0.1)
Gains (losses) on cash flow hedges	(0.1)	0.4	(0.4)	0.4
Other comprehensive income (loss) before tax	8.2	20.3	37.2	(18.9)
Provision for income taxes	4.2	4.5	8	8.5
Other comprehensive income (loss)	4	15.8	29.2	(27.4)
Comprehensive income (loss)	7.4	(10.6)	32.1	(63.3)
Less comprehensive income (loss) attributable to noncontrolling interests	3.3	(13)	6.7	(20.9)
Comprehensive income (loss) attributable to Brink's	$ 4.1	$ 2.4	$ 25.4	$ (42.4)

Consolidated Statement of Equit

Consolidated Statement of Equity - 6 months ended Jun. 30, 2016 - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Loss	Attributable to Noncontrolling Interests
Beginning balance at Dec. 31, 2015	$ 330.6	$ 48.9	$ 599.6	$ 561.3	$ (891.9)	$ 12.7
Beginning balance, Shares at Dec. 31, 2015		48.9
Net income (loss)	2.9			(2.8)		5.7
Other comprehensive income	29.2				28.2	1
Common stock issued	2.5	$ 0.1	2.4
Common stock issued, Shares		0.1
Dividends to:
Brink’s common shareholders ($0.20 per share)	(9.8)			(9.8)
Noncontrolling interests	(2.1)					(2.1)
Share-based compensation:
Compensation expense	4.9		4.9
Consideration from exercise of stock options	3.5	$ 0.1	3.4
Consideration from exercise of stock options, Shares		0.1
Other share-based benefit programs	(3.6)	$ 0.4	(3.9)	(0.1)
Other share-based benefit programs, shares		0.4
Ending balance at Jun. 30, 2016	$ 358.1	$ 49.5	$ 606.4	$ 548.6	$ (863.7)	$ 17.3
Ending balance, Shares at Jun. 30, 2016		49.5

Consolidated Statement of Equi6

Consolidated Statement of Equity (Parenthetical)	6 Months Ended
	Jun. 30, 2016$ / shares
Dividends to:
Dividends (dollars per share)	$ 0.2

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income (loss)	$ 2.9	$ (35.9)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Loss from discontinued operations, net of tax	0	2.3
Depreciation and amortization	65.1	73.2
Share-based compensation expense	4.9	8.5
Deferred income taxes	(2.5)	(4.1)
Marketable securities	(0.5)	(0.1)
Property and other assets	1.7	(0.5)
Business acquisitions and dispositions	(0.1)	0
Venezuela impairment	0	34.5
Other impairment losses	5.4	1.3
Retirement benefit funding (more) less than expense:
Pension	6.5	2.9
Other than pension	7.3	5.1
Remeasurement losses due to Venezuela currency devaluation	4.6	18.2
Other operating	1.9	3.4
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable and income taxes receivable	(31.3)	(35.4)
Accounts payable, income taxes payable and accrued liabilities	(33.9)	(15.4)
Customer obligations	(14.7)	6.7
Prepaid and other current assets	(6.2)	(19.3)
Other	2.3	(0.8)
Discontinued operations	0	(2)
Net cash provided by operating activities	13.4	42.6
Cash flows from investing activities:
Capital expenditures	(45)	(35.2)
Purchases	(8.7)	0
Sales	8.6	0.4
Cash proceeds from sale of property, equipment and investments	2.9	0.6
Other	(0.7)	(0.5)
Discontinued operations	0	1.9
Net cash used by investing activities	(42.9)	(32.8)
Cash flows from financing activities:
Short-term debt	39.1	(12.4)
Borrowings	294.9	295.7
Repayments	(278.1)	(315.7)
Borrowings	1.3	82.1
Repayments	(25.1)	(25.8)
Debt financing costs	0	(2)
Common stock issued	2.5	0
Dividends to:
Shareholders of Brink’s	(9.8)	(9.7)
Noncontrolling interests in subsidiaries	(2.1)	(4.1)
Proceeds from exercise of stock options	3.5	3.6
Minimum tax withholdings associated with share-based compensation	(4.8)	(0.8)
Other	1.3	0.4
Net cash provided by financing activities	22.7	11.3
Effect of exchange rate changes on cash	(5.5)	(16.2)
Cash and cash equivalents:
Increase (decrease)	(12.3)	4.9
Balance at beginning of period	181.9	176.2
Balance at end of period	$ 169.6	$ 181.1

Basis of presentation

Basis of presentation	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The Brink’s Company (along with its subsidiaries, “Brink’s” or “we”) has nine operating segments: • Each of the five countries within Largest 5 Markets (U.S., France, Mexico, Brazil and Canada) • Each of the three regions within Global Markets (Latin America; Europe, Middle East and Africa ("EMEA") and Asia) • Payment Services Our unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial reporting and applicable quarterly reporting regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, the unaudited consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for interim periods are not necessarily indicative of the results that may be expected for the full year. These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes in our Annual Report on Form 10-K for the year ended December 31, 2015 . We have made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these consolidated financial statements. Actual results could differ materially from these estimates. The most significant estimates are related to goodwill and other long-lived assets, pension and other retirement benefit obligations, legal contingencies, business divestitures and deferred tax assets. The consolidated financial statements include the accounts of Brink’s and the subsidiaries it controls. Control is determined based on ownership rights or, when applicable, based on whether we are considered to be the primary beneficiary of a variable interest entity. Our interest in 20% to 50% owned companies that are not controlled are accounted for using the equity method, provided we sufficiently influence the management of the investee. Other investments are accounted for as cost-method investments or as available-for-sale. All significant intercompany accounts and transactions have been eliminated in consolidation. Foreign Currency Translation Our consolidated financial statements are reported in U.S. dollars. Our foreign subsidiaries maintain their records primarily in the currency of the country in which they operate. The method of translating local currency financial information into U.S. dollars depends on whether the economy in which our foreign subsidiary operates has been designated as highly inflationary or not. Economies with an officially reported three -year cumulative inflation rate of more than 100% are considered highly inflationary. Assets and liabilities of foreign subsidiaries in non-highly inflationary economies are translated into U.S. dollars using rates of exchange at the balance sheet date. Translation adjustments are recorded in other comprehensive income (loss). Revenues and expenses are translated at rates of exchange in effect during the year. Transaction gains and losses are recorded in earnings. Foreign subsidiaries that operate in highly inflationary countries use the U.S. dollar as their functional currency. Local-currency monetary assets and liabilities are remeasured into U.S. dollars using rates of exchange as of each balance sheet date, with remeasurement adjustments and other transaction gains and losses recognized in earnings. Non-monetary assets and liabilities do not fluctuate with changes in local currency exchange rates to the dollar. Venezuela The economy in Venezuela has had significant inflation in the last several years. We consolidate our Venezuelan results using our accounting policy for subsidiaries operating in highly inflationary economies. Since 2003, the Venezuelan government has controlled the exchange of local currency into other currencies, including the U.S. dollar, and has required that currency exchanges be made at official rates established by the government instead of allowing open markets to determine currency rates. Different official rates existed for different industries and purposes and the government does not approve all requests to convert bolivars to other currencies. As a result of the restrictions on currency exchange, we have in the past been unable to obtain sufficient U.S. dollars to purchase certain imported supplies and fixed assets to fully operate our business in Venezuela. Consequently, we have occasionally purchased more expensive, bolivar-denominated supplies and fixed assets. Furthermore, there is a risk that official currency exchange mechanisms will be discontinued or will not be accessible when needed in the future, which may prevent us from repatriating dividends or obtaining dollars to operate our Venezuelan operations. Remeasurement rates during 2015 . In March 2014, the government initiated an exchange mechanism known as SICAD II with conversions subject to specific eligibility requirements. Transactions were reported in a range of 49 to 52 bolivars to the U.S. dollar. From March 2014 through December 31, 2014, we received approval to obtain a total of $1.2 million (at a weighted average exchange rate of 51 bolivars to the dollar) through the SICAD II mechanism. Through February 11, 2015, we used the SICAD II rates to remeasure our bolivar-denominated monetary assets and liabilities into U.S. dollars and to translate our revenue and expenses. Effective February 12, 2015, the government replaced the SICAD II process with a new process, known locally as SIMADI and we began to use the SIMADI rate to remeasure bolivar-denominated monetary assets and liabilities and to translate our revenue and expenses. As a result, we recognized an $18.2 million net remeasurement loss in the first half of 2015. The after-tax effect of this loss attributable to noncontrolling interests was $5.6 million for the first half of 2015. The SIMADI rates published from mid-February 2015 through the end of 2015 ranged from 170 to 200 bolivars to the U.S. dollar. We received only minimal U.S. dollars through this exchange mechanism. Remeasurement rates during 2016 . In the first quarter of 2016, the Venezuelan government announced that they would replace the SIMADI exchange mechanism with the DICOM exchange mechanism and would allow the DICOM exchange mechanism rate to float freely. At March 31, 2016, the DICOM rate was approximately 273 bolivars to the dollar. During the second quarter of 2016, the rate declined 57% to close at approximately 628 bolivars to the dollar at June 30, 2016 . We have received only minimal U.S. dollars through this exchange mechanism. We recognized a $4.6 million net remeasurement loss in the first six months of 2016 . However, the after-tax effect in the current period attributable to noncontrolling interest was income of $2.6 million . Remeasuring our Venezuelan results using the respective DICOM or SIMADI rates has had the following effects on our reported results: • Brink’s Venezuela became a much smaller component of Brink’s consolidated revenues and operating profit. • Brink’s Venezuela’s profit margin percentage declined as the historical U.S. dollar non-monetary assets were not remeasured to a lower U.S. dollar basis but instead retained a historical higher basis which was used for depreciation and other expense attribution. Our non-monetary assets were $16.4 million at June 30, 2016 , and $13.5 million at December 31, 2015 . • Our investment in our Venezuelan operations on an equity-method basis declined. Our investment was $20.4 million at June 30, 2016 , which included $8.8 million in net payables to other Brink's affiliates and $26.0 million at December 31, 2015 , which included $18.7 million in net payables to other Brink's affiliates. • Our bolivar-denominated monetary net assets included in our consolidated balance sheets declined. Our bolivar-denominated net monetary assets were $2.8 million (including $6.8 million of cash and cash equivalents) at June 30, 2016 versus $9.5 million (including $6.2 million of cash and cash equivalents) at December 31, 2015 . • Accumulated other comprehensive losses attributable to Brink’s shareholders related to Brink’s Venezuela were $112.7 million at June 30, 2016 and $113.0 million at December 31, 2015 . Impairment of Long-lived Assets in Venezuela During the second quarter of 2015, Brink's elected to evaluate and pursue strategic options for the Venezuelan business. Our consideration of these strategic options is ongoing and, during the second quarter of 2015, required us to perform an impairment review of the carrying values of our Venezuelan long-lived assets in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 360, Property, Plant and Equipment . Our asset impairment analysis included management's best estimate of associated cash flows relating to the long-lived assets and included fair value assumptions that reflect conditions that exist in a volatile economic environment. Future events or actions relative to our Venezuelan business may result in further adjustments. As a result of our impairment analysis, we recognized a $34.5 million impairment charge in the second quarter of 2015. We recognized an additional $0.8 million in impairment charges in the third quarter of 2015. The current carrying value of the long-lived assets of our Venezuelan operations is $8.6 million at June 30, 2016 . We have not reclassified any of the $112.7 million of accumulated other comprehensive losses attributable to Brink’s shareholders related to Brink’s Venezuela into earnings. Ireland Due to management's decision in the first quarter of 2016 to exit the Republic of Ireland, the prospective impacts of shutting down this operation are included in items not allocated to segments and are excluded from the operating segments effective March 1, 2016. This activity is also excluded from the consolidated non-GAAP results. Beginning May 1, 2016, due to management's decision to also exit Northern Ireland, the results of shutting down these operations are treated similarly to the Republic of Ireland. Revenues from both Ireland operations to be shut down in 2016 were approximately $20 million in 2015. In the first half of 2016, charges excluded from non-GAAP results include $4.6 million in severance costs, $1.8 million in property impairment charges and an additional $4.0 million in operating and other exit costs. Brink's expects it could recognize additional operating and disposition-related costs of up to approximately $5 million later this year. International shipments to and from Ireland will continue to be provided through Brink’s Global Services. Restricted Cash In France, we offer services to certain of our customers where we manage some or all of their cash supply chains. In connection with this offering, we take temporary title to certain customers' cash, which is included as restricted cash in our financial statements due to customer agreement or regulation (see Note 10). During the second quarter of 2016, we identified a misclassification in our December 31, 2015 consolidated balance sheet included in our 2015 Annual Report on Form 10-K. This misclassification, which was corrected on our December 31, 2015 condensed consolidated balance sheet included on our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2016, decreased our December 31, 2015 cash and cash equivalents balance and increased restricted cash by $16.4 million , increased restricted cash held for customers and decreased accrued liabilities by $12.9 million , increased short term borrowings and decreased current maturities of long-term debt by $3.5 million . This misclassification had no impact on our December 31, 2015 current assets and current liabilities and it did not impact our consolidated statement of operations, but will impact the December 31, 2015 consolidated statement of cash flows by reducing net cash provided by operating activities from $208.8 million to $195.9 million and increasing net cash used by financing activities from $49.0 million to $52.5 million . Neither of these changes affect comparability to the previous period. Accordingly, we do not consider this correction to be material to our consolidated balance sheet or statement of cash flows. Argentina We use the official exchange rate to translate the Brink's Argentina balance sheet and income statement. At June 30, 2016 , the official exchange rate was approximately 15.0 local pesos to the U.S. dollar. The government in Argentina had previously imposed limits on the exchange of Argentine pesos into U.S. dollars. As a result, we elected in the past and may continue in the future to repatriate cash from Argentina using markets to convert Argentine pesos into U.S. dollars if U.S. dollars are not readily available. Prior to the December 2015 devaluation of the Argentine peso, we converted Argentine pesos into U.S. dollars at rates approximately 30% to 40% less favorable than the rates at which we translated the financial statements of our subsidiary in Argentina. However, after the December 2015 devaluation of the Argentine peso, the market rates used to convert Argentine pesos into U.S. dollars have been similar to the rates at which we translate the financial statements of our subsidiary in Argentina. See Note 10 Supplemental cash flow information for more information. In the first six months of 2016 , we recognized $0.1 million in losses from converting Argentine pesos into U.S. dollars. We did not convert any Argentine pesos to dollars in the first six months of 2015 . These conversion losses are classified in the income statement as other operating income (expense). At June 30, 2016 , we had cash denominated in Argentine pesos of $7.0 million . New Accounting Standards In May 2014, the FASB issued Accounting Standards Update ("ASU") 2014-09, Revenue From Contracts with Customers, a new standard related to revenue recognition which requires an entity to recognize an amount of revenue to which it expects to be entitled for the transfer of promised goods and services to customers. The new standard will replace most of the existing revenue recognition standards in U.S. GAAP. In August 2015, the FASB issued ASU 2015-14, which defers the effective date of this new standard to January 1, 2018. Subsequently, the FASB has continued to refine the standard and has issued several amendments. The new standard can be applied retrospectively to each reporting period presented or retrospectively with the cumulative effect of the change recognized at the date of the initial application in retained earnings. We are assessing the potential impact of this new standard on financial reporting and have not yet selected a transition method. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) , which will require the recognition of assets and liabilities by lessees for certain leases classified as operating leases under current accounting guidance. The new standard also requires expanded disclosures regarding leasing activities. ASU 2016-02 will be effective January 1, 2019 and we are assessing the potential impact of the standard on financial reporting. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting , which will simplify how certain features related to share-based payments are accounted for and presented in the financial statements. The new standard is effective January 1, 2017 with early adoption permitted in any interim or annual period. We are assessing the potential impact of this new standard on financial reporting. In June 2016, the FASB issued ASU 2016-13, Measurement of Credit Losses on Financial Instruments , which significantly changes the way entities recognize impairment of many financial assets by requiring immediate recognition of estimated credit losses expected to occur over their remaining life. ASU 2016-13 is effective January 1, 2020, with early adoption permitted January 1, 2019. We are assessing the potential impact of this new standard on financial reporting.

Segment information

Segment information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment information	Segment information The Brink’s Company offers transportation and logistics management services for cash and valuables throughout the world. These services include: • Cash-in-Transit (“CIT”) Services – armored vehicle transportation of valuables • ATM Services – replenishing and maintaining customers’ automated teller machines; providing network infrastructure services • Global Services – secure international transportation of valuables • Cash Management Services ◦ Currency and coin counting and sorting; deposit preparation and reconciliations; other cash management services ◦ Safe and safe control device installation and servicing (including our patented CompuSafe ® service) ◦ Check and cash processing services for banking customers (“Virtual Vault Services”) ◦ Check imaging services for banking customers • Payment Services – bill payment and processing services on behalf of utility companies and other billers at any of our Brink’s or Brink’s-operated payment locations in Latin America and Brink’s Money™ general purpose reloadable prepaid cards and payroll cards in the U.S. • Guarding Services – protection of airports, offices, and certain other locations in Europe and Brazil with or without electronic surveillance, access control, fire prevention and highly trained patrolling personnel We identify our operating segments based on how our chief operating decision maker (“CODM”) allocates resources, assesses performance and makes decisions. Our CODM is our President and Chief Executive Officer. Our CODM evaluates performance and allocates resources to each operating segment based on operating profit or loss, excluding income and expenses not allocated to segments. We have nine operating segments: • Each of the five countries within Largest 5 Markets (U.S., France, Mexico, Brazil and Canada) • Each of the three regions within Global Markets (Latin America, EMEA and Asia) • Payment Services The following table summarizes our revenues and operating profit for each of our reportable segments: Revenues Operating Profit Three Months Ended June 30, Three Months Ended June 30, (In millions) 2016 2015 2016 2015 Reportable Segments: U.S. $ 182.5 184.1 $ (1.5 ) 6.4 France 107.9 107.4 10.1 6.7 Mexico 77.3 85.1 3.1 4.5 Brazil 66.9 67.7 2.5 2.1 Canada 38.2 39.6 1.4 2.4 Largest 5 Markets 472.8 483.9 15.6 22.1 Latin America 85.0 91.2 20.8 19.2 EMEA 96.2 112.3 9.9 9.1 Asia 41.5 38.6 7.0 5.9 Global Markets 222.7 242.1 37.7 34.2 Payment Services 21.0 22.1 (2.0 ) (3.7 ) Total reportable segments 716.5 748.1 51.3 52.6 Reconciling Items: Corporate expenses: General, administrative and other expenses — — (16.1 ) (25.3 ) Foreign currency transaction gains (losses) — — 1.4 1.1 Reconciliation of segment policies to GAAP — — 1.3 2.2 Other items not allocated to segments: Venezuela operations 21.5 12.2 0.9 (39.1 ) Reorganization and Restructuring — — (2.1 ) 1.2 U.S. and Mexican retirement plans — — (8.1 ) (7.6 ) Acquisitions and dispositions 1.5 — (6.5 ) 0.3 Total $ 739.5 760.3 $ 22.1 (14.6 ) Revenues Operating Profit Six Months Ended June 30, Six Months Ended June 30, (In millions) 2016 2015 2016 2015 Reportable Segments: U.S. $ 361.3 367.7 $ (3.7 ) 14.7 France 212.7 213.1 14.6 10.8 Mexico 152.2 170.8 6.3 12.4 Brazil 126.9 141.5 8.6 8.2 Canada 74.1 78.4 3.2 4.1 Largest 5 Markets 927.2 971.5 29.0 50.2 Latin America 164.2 182.0 38.3 35.7 EMEA 191.6 228.0 16.8 17.3 Asia 80.5 77.3 13.4 12.4 Global Markets 436.3 487.3 68.5 65.4 Payment Services 41.9 44.9 (2.0 ) (3.2 ) Total reportable segments 1,405.4 1,503.7 95.5 112.4 Reconciling Items: Corporate expenses: General, administrative and other expenses — — (33.7 ) (42.9 ) Foreign currency transaction gains (losses) — — 2.7 (3.7 ) Reconciliation of segment policies to GAAP — — 4.5 5.4 Other items not allocated to segments: Venezuela operations 53.6 32.7 2.7 (57.0 ) Reorganization and Restructuring — — (8.1 ) (0.3 ) U.S. and Mexican retirement plans — — (15.4 ) (15.9 ) Acquisitions and dispositions 2.3 — (12.3 ) 0.3 Total $ 1,461.3 1,536.4 $ 35.9 (1.7 ) See "Other Items Not Allocated to Segment" on pages 33 – 34 to the consolidated financial statements for explanations of each of the other items not allocated to segments.

Retirement benefits

Retirement benefits	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Retirement benefits	Retirement benefits Pension plans We have various defined-benefit pension plans covering eligible current and former employees. Benefits under most plans are based on salary and years of service. The components of net periodic pension cost for our pension plans were as follows: U.S. Plans Non-U.S. Plans Total (In millions) 2016 2015 2016 2015 2016 2015 Three months ended June 30, Service cost $ — — 2.7 2.6 2.7 2.6 Interest cost on projected benefit obligation 9.3 9.0 3.1 3.0 12.4 12.0 Return on assets – expected (13.6 ) (13.6 ) (2.5 ) (2.4 ) (16.1 ) (16.0 ) Amortization of losses 6.2 7.7 1.2 1.2 7.4 8.9 Amortization of prior service cost — — 0.2 0.2 0.2 0.2 Settlement loss — — 0.6 1.1 0.6 1.1 Net periodic pension cost $ 1.9 3.1 5.3 5.7 7.2 8.8 Included in: Continuing operations $ 1.9 3.1 5.3 5.7 7.2 8.8 Discontinued operations — — — — — — Net periodic pension cost $ 1.9 3.1 5.3 5.7 7.2 8.8 Six months ended June 30, Service cost $ — — 5.5 5.5 5.5 5.5 Interest cost on projected benefit obligation 18.5 18.0 6.5 6.2 25.0 24.2 Return on assets – expected (27.3 ) (27.3 ) (4.8 ) (4.8 ) (32.1 ) (32.1 ) Amortization of losses 12.3 15.5 2.4 2.5 14.7 18.0 Amortization of prior service cost — — 0.2 0.2 0.2 0.2 Settlement loss — — 1.4 3.4 1.4 3.4 Net periodic pension cost $ 3.5 6.2 11.2 13.0 14.7 19.2 Included in: Continuing operations $ 3.5 6.2 11.2 11.9 14.7 18.1 Discontinued operations — — — 1.1 — 1.1 Net periodic pension cost $ 3.5 6.2 11.2 13.0 14.7 19.2 We did not make cash contributions to the primary U.S. pension plan in 2015 or the first half of 2016. Based on current assumptions, as described in our Annual Report on Form 10-K for the year ended December 31, 2015 , we do not expect to make any additional contributions to the primary U.S. pension plan until 2020. Retirement benefits other than pensions We provide retirement healthcare benefits for eligible current and former U.S., Canadian, and Brazilian employees. Retirement benefits related to our former U.S. coal operation include medical benefits provided by the Pittston Coal Group Companies Employee Benefit Plan for United Mine Workers of America Represented Employees (the “UMWA plans”) as well as costs related to Black Lung obligations. The components of net periodic postretirement cost related to retirement benefits other than pensions were as follows: UMWA Plans Black Lung and Other Plans Total (In millions) 2016 2015 2016 2015 2016 2015 Three months ended June 30, Service cost $ — — — 0.1 — 0.1 Interest cost on accumulated postretirement benefit obligations 4.8 4.2 0.7 0.7 5.5 4.9 Return on assets – expected (4.3 ) (5.1 ) — — (4.3 ) (5.1 ) Amortization of losses 4.5 3.7 0.7 0.8 5.2 4.5 Amortization of prior service (credit) cost (1.2 ) (1.1 ) 0.4 0.4 (0.8 ) (0.7 ) Net periodic postretirement cost $ 3.8 1.7 1.8 2.0 5.6 3.7 Six months ended June 30, Service cost $ — — — 0.1 — 0.1 Interest cost on accumulated postretirement benefit obligations 9.4 8.7 1.3 1.4 10.7 10.1 Return on assets – expected (8.7 ) (10.3 ) — — (8.7 ) (10.3 ) Amortization of losses 8.8 8.0 1.2 1.5 10.0 9.5 Amortization of prior service (credit) cost (2.3 ) (2.3 ) 0.9 0.9 (1.4 ) (1.4 ) Net periodic postretirement cost $ 7.2 4.1 3.4 3.9 10.6 8.0

Income taxes

Income taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income taxes	Income taxes Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Continuing operations Provision for income taxes (in millions) $ 14.5 7.6 $ 23.9 23.1 Effective tax rate 81.0 % (40.2 )% 89.2 % (220.0 %) 2016 Compared to U.S. Statutory Rate The effective income tax rate on continuing operations in the first six months of 2016 was greater than the 35% U.S. statutory tax rate primarily due to the significant losses related to operations in the Republic of Ireland, for which no tax benefit can be recorded, and the nondeductible expenses resulting from the currency devaluation in Venezuela in the first six months. Excluding those items, our effective tax rate on continuing operations in the first six months of 2016 is 56% . The rate is higher than 35% primarily due to the seasonality of book losses for which no tax benefit can be recorded, nondeductible expenses in Mexico, taxes on undistributed earnings and the characterization of a French business tax as an income tax, partially offset by the geographical mix of earnings and a French income tax credit. 2015 Compared to U.S. Statutory Rate The effective income tax rate on continuing operations in the first six months of 2015 was negative when compared to the 35% U.S. statutory tax rate primarily due to the significant nondeductible expenses resulting from the currency devaluation in Venezuela in the first quarter and from the Venezuela impairment recorded in the second quarter. These nondeductible expenses caused our earnings before tax in the period to be negative. Excluding these nondeductible expenses, our effective tax rate on continuing operations in the first six months is 46% . The rate was higher than 35% primarily due to cross border payments, nondeductible expenses in Mexico and the characterization of a French business tax as an income tax, partially offset by the geographical mix of earnings and a French income tax credit.

Accumulated other comprehensive

Accumulated other comprehensive income (loss)	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated other comprehensive income (loss)	Accumulated other comprehensive income (loss) Other comprehensive income (loss), including the amounts reclassified from accumulated other comprehensive loss into earnings, was as follows: Amounts Arising During the Current Period Amounts Reclassified to Net Income (Loss) (In millions) Pretax Income Tax Pretax Income Tax Total Other Comprehensive Income (Loss) Three months ended June 30, 2016 Amounts attributable to Brink's: Benefit plan adjustments $ (0.8 ) 0.2 12.6 (4.5 ) 7.5 Foreign currency translation adjustments (3.5 ) — — — (3.5 ) Unrealized gains (losses) on available-for-sale securities 0.3 (0.2 ) (0.5 ) 0.2 (0.2 ) Gains (losses) on cash flow hedges (1.2 ) 0.4 1.1 (0.3 ) — (5.2 ) 0.4 13.2 (4.6 ) 3.8 Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.2 — 0.2 Foreign currency translation adjustments — — — — — — — 0.2 — 0.2 Total Benefit plan adjustments (a) (0.8 ) 0.2 12.8 (4.5 ) 7.7 Foreign currency translation adjustments (3.5 ) — — — (3.5 ) Unrealized gains (losses) on available-for-sale securities (b) 0.3 (0.2 ) (0.5 ) 0.2 (0.2 ) Gains (losses) on cash flow hedges (c) (1.2 ) 0.4 1.1 (0.3 ) — $ (5.2 ) 0.4 13.4 (4.6 ) 4.0 Three months ended June 30, 2015 Amounts attributable to Brink's: Benefit plan adjustments $ (1.1 ) 0.3 14.1 (4.8 ) 8.5 Foreign currency translation adjustments 6.5 — — — 6.5 Unrealized losses on available-for-sale securities — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges (0.2 ) — 0.6 — 0.4 5.2 0.3 14.6 (4.8 ) 15.3 Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.1 — 0.1 Foreign currency translation adjustments 0.4 — — — 0.4 0.4 — 0.1 — 0.5 Total Benefit plan adjustments (a) (1.1 ) 0.3 14.2 (4.8 ) 8.6 Foreign currency translation adjustments 6.9 — — — 6.9 Unrealized losses on available-for-sale securities (b) — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges (c) (0.2 ) — 0.6 — 0.4 $ 5.6 0.3 14.7 (4.8 ) 15.8 Amounts Arising During the Current Period Amounts Reclassified to Net Income (Loss) (In millions) Pretax Income Tax Pretax Income Tax Total Other Comprehensive Income (Loss) Six months ended June 30, 2016 Amounts attributable to Brink's: Benefit plan adjustments $ (1.9 ) 0.5 24.9 (8.7 ) 14.8 Foreign currency translation adjustments 13.6 — — — 13.6 Unrealized gains (losses) on available-for-sale securities 0.5 (0.2 ) (0.5 ) 0.2 — Gains (losses) on cash flow hedges (2.2 ) 0.5 1.8 (0.3 ) (0.2 ) 10.0 0.8 26.2 (8.8 ) 28.2 Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.3 — 0.3 Foreign currency translation adjustments 0.7 — — — 0.7 0.7 — 0.3 — 1.0 Total Benefit plan adjustments (a) (1.9 ) 0.5 25.2 (8.7 ) 15.1 Foreign currency translation adjustments 14.3 — — — 14.3 Unrealized gains (losses) on available-for-sale securities (b) 0.5 (0.2 ) (0.5 ) 0.2 — Gains (losses) on cash flow hedges (c) (2.2 ) 0.5 1.8 (0.3 ) (0.2 ) $ 10.7 0.8 26.5 (8.8 ) 29.2 Six months ended June 30, 2015 Amounts attributable to Brink's: Benefit plan adjustments $ (5.7 ) 1.5 29.8 (10.0 ) 15.6 Foreign currency translation adjustments (42.4 ) — — — (42.4 ) Unrealized losses on available-for-sale securities — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges 1.9 — (1.5 ) — 0.4 (46.2 ) 1.5 28.2 (10.0 ) (26.5 ) Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.2 — 0.2 Foreign currency translation adjustments (1.1 ) — — — (1.1 ) (1.1 ) — 0.2 — (0.9 ) Total Benefit plan adjustments (a) (5.7 ) 1.5 30.0 (10.0 ) 15.8 Foreign currency translation adjustments (43.5 ) — — — (43.5 ) Unrealized losses on available-for-sale securities (b) — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges (c) 1.9 — (1.5 ) — 0.4 $ (47.3 ) 1.5 28.4 (10.0 ) (27.4 ) (a) The amortization of prior experience losses and prior service cost is part of total net periodic retirement benefit cost when reclassified to net income. Net periodic retirement benefit cost also includes service costs, interest costs, expected returns on assets, and settlement costs. The total pretax expense is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2016 2015 2016 2015 Total net periodic retirement benefit cost included in: Cost of revenues $ 10.5 8.8 20.9 18.7 Selling, general and administrative expenses 2.3 3.7 4.4 7.4 (b) Gains and losses on sales of available-for-sale securities are reclassified from accumulated other comprehensive loss to the income statement when the gains or losses are realized. Pretax amounts are classified in the income statement as interest and other income (expense). (c) Pretax gains and losses on cash flow hedges are classified in the income statement as: • other operating income (expense) ( $0.8 million of losses in the three months ended June 30, 2016 and $0.4 million of losses in the three months ended June 30, 2015 ; as well as $1.4 million of losses in the six months ended June 30, 2016 and $1.9 million of gains in the six months ended June 30, 2015 ) • interest and other income (expense) ( $0.1 million of losses in the three months ended June 30, 2016 and $0.1 million of losses in the three months ended June 30, 2015 ; as well as $0.2 million of losses in the six months ended June 30, 2016 and $0.3 million of losses in the six months ended June 30, 2015 ). The changes in accumulated other comprehensive loss attributable to Brink’s are as follows: (In millions) Benefit Plan Adjustments Foreign Currency Translation Adjustments Unrealized Gains (Losses) on Available-for-Sale Securities Gains (Losses) on Cash Flow Hedges Total Balance as of December 31, 2015 $ (570.5 ) (322.6 ) 1.1 0.1 (891.9 ) Other comprehensive income (loss) before reclassifications (1.4 ) 13.6 0.3 (1.7 ) 10.8 Amounts reclassified from accumulated other comprehensive loss 16.2 — (0.3 ) 1.5 17.4 Other comprehensive income (loss) attributable to Brink's 14.8 13.6 — (0.2 ) 28.2 Balance as of June 30, 2016 $ (555.7 ) (309.0 ) 1.1 (0.1 ) (863.7 )

Fair value of financial instrum

Fair value of financial instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair value of financial instruments	Fair value of financial instruments Fixed-Rate Debt The fair value and carrying value of our fixed-rate debt are as follows: (In millions) June 30, 2016 December 31, 2015 Unsecured notes issued in a private placement Carrying value $ 85.7 92.9 Fair value 90.1 95.7 The fair value estimate of our unsecured private-placement notes is based on the present value of future cash flows, discounted at rates for similar instruments at the respective measurement dates, which we have categorized as a Level 3 valuation. There were no transfers in or out of any of the levels of the valuation hierarchy in the first six months of 2016 . Other Financial Instruments Other financial instruments include cash and cash equivalents, accounts receivable, floating rate debt, accounts payable and accrued liabilities. The financial statement carrying amounts of these items approximate the fair value. We have outstanding foreign currency forward and swap contracts to hedge transactional risks associated with foreign currencies. At June 30, 2016 , the notional value of our shorter term outstanding foreign currency forward and swap contracts was $57.0 million , with average maturities of approximately one month. These shorter term foreign currency forward and swap contracts primarily offset exposures in the British pound, the euro and the Mexican peso and are not designated as hedges for accounting purposes. The fair values of these currency contracts are determined using Level 2 valuation techniques and are based on the present value of net future cash payments and receipts. At June 30, 2016 , the fair value of these shorter term foreign currency contracts was not significant. In 2013, we entered into a longer term cross-currency swap to hedge against the change in value of a long-term intercompany loan denominated in Brazilian real. This longer term contract is designated as a cash flow hedge for accounting purposes. At June 30, 2016 , the notional value of this contract was $11.1 million with a weighted average maturity of 0.8 years . The fair value of the cross-currency swap is determined using Level 2 valuation techniques and is based on the present value of net future cash payments and receipts. At June 30, 2016 , the fair value of this longer term contract was a net asset of $4.3 million , of which $2.3 million is included in prepaid expenses and other and $2.0 million is included in other assets on the consolidated balances sheet. In the first quarter of 2016, we entered into two interest rate swaps with a total notional value of $40 million . These swaps were entered into to hedge cash flow risk associated with changes in variable interest rates and are designated as cash flow hedges for accounting purposes. At June 30, 2016 , the fair value of these swaps was a net liability of $0.8 million . There were no transfers in or out of any of the levels of the valuation hierarchy in the first six months of 2016 .

Share-based compensation plans

Share-based compensation plans	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation plans	Share-based compensation plans We have share-based compensation plans to attract and retain employees and nonemployee directors and to more closely align their interests with those of our shareholders. We have granted share-based awards to employees under the 2005 Equity Incentive Plan ("2005 Plan") and the 2013 Equity Incentive Plan ("2013 Plan"). These plans permit grants of restricted stock, restricted stock units, performance stock, performance units, stock appreciation rights, stock options, as well as other share-based awards to eligible employees. The 2013 Plan also permits cash awards to eligible employees. The 2005 Plan was replaced by the 2013 Plan effective February 2013. No further grants of awards will be made under the 2005 Plan. We have granted deferred stock units to directors through the Non-Employee Directors’ Equity Plan. Share-based awards were granted to directors and remain outstanding under the Non-Employee Directors’ Stock Option Plan and the Directors’ Stock Accumulation Plan, both of which have expired. Outstanding awards at June 30, 2016 include performance share units, market share units, restricted stock units, deferred stock units and stock options. Compensation Expense Compensation expense is measured using the fair-value-based method. For employee and director awards considered equity grants, compensation expense is recognized from the grant date to the earlier of the retirement-eligible date or the vesting date. In February 2016, the Compensation and Benefits Committee of the Board of Directors modified the terms of performance share units originally awarded or granted in 2013, 2014 and 2015 to reflect the impact of removing Venezuela operations from the Company’s segment results beginning in 2015. For each of the affected performance share units, consolidated results for 2015 and each subsequent year within the respective performance period was or will be adjusted to reflect Venezuela results at the amount originally projected in the applicable performance target. No incremental compensation cost associated with the modification is expected to be recognized as the modified goal is expected to be more difficult to achieve and, in accordance with FASB ASC Topic 718, Compensation - Stock Compensation , we continue to recognize expense as calculated using the original performance goal. Compensation expense is classified as selling, general and administrative expenses in the consolidated statements of operations. Compensation expenses for the share-based awards were as follows: Compensation Expense Compensation Expense Three Months Ended June 30, Six Months Ended June 30, (in millions) 2016 2015 2016 2015 Performance Share Units $ 1.0 2.0 2.3 4.5 Market Share Units — 0.3 0.2 1.9 Restricted Stock Units 0.9 0.9 2.0 1.9 Deferred Stock Units 0.1 0.1 0.3 0.2 Stock Options 0.1 — 0.1 — Share-based payment expense 2.1 3.3 4.9 8.5 Income tax benefit (0.7 ) (1.1 ) (1.7 ) (2.9 ) Share-based payment expense, net of tax $ 1.4 2.2 3.2 5.6 Stock Options In 2016, we granted performance-based stock options. In addition to a service condition, these awards also contain a performance condition as well as a market condition. We measure the fair value of these options at the grant date using a Monte Carlo simulation model. The following table summarizes performance-based stock option activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Outstanding balance as of December 31, 2015 — $ — Granted 400.0 5.92 Forfeited — — Exercised — — Outstanding balance as of June 30, 2016 400.0 $ 5.92 Restricted Stock Units (“RSUs”) We granted RSUs that contain only a service condition. We measure the fair value of RSUs based on the price of Brink’s stock at the grant date, adjusted for a discount for dividends not received or accrued during the vesting period. The following table summarizes RSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 273.0 $ 26.16 Granted 169.7 28.59 Forfeited (15.6 ) 26.15 Vested (90.5 ) 26.53 Nonvested balance as of June 30, 2016 336.6 $ 27.29 Performance Share Units ("PSUs”) Prior to 2016, we granted PSUs which contained a performance condition, a market condition and a service condition. In 2016, we granted Internal Metric PSUs ("IM PSUs") and Total Shareholder Return PSUs ("TSR PSUs"). IM PSUs contain a performance condition as well as a service condition. We measure the fair value of these PSUs based on the price of Brink’s stock at the grant date, adjusted for a discount for dividends not received or accrued during the vesting period. For the majority of the IM PSUs granted in 2016, the performance period is from January 1, 2016 to December 31, 2017, with an additional year of service required. Other IM PSUs granted in 2016 have a performance period from July 1, 2016 to June 30, 2017, with an additional two years of service required. TSR PSUs contain a market condition as well as a service condition. We measure the fair value of PSUs containing a market condition at the grant date using a Monte Carlo simulation model. For the TSR PSUs granted in 2016, the performance period is from January 1, 2016 to December 1, 2018. The following table summarizes all PSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 503.4 $ 25.93 Granted 315.9 29.06 Forfeited (18.8 ) 26.95 Vested (a) (162.9 ) 23.73 Nonvested balance as of June 30, 2016 637.6 $ 28.01 (a) The vested PSUs presented are based on the target amount of the award. Pursuant to the actual performance for the period ended December 31, 2015, the actual shares earned and distributed were 277.1 , representing 171% of target or, for a smaller award, 125% of target. Market Share Units ("MSUs”) Prior to 2016, we granted MSUs which contain a market condition as well as a service condition. We measure the fair value of MSUs using a Monte Carlo simulation model. The following table summarizes all MSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 258.8 $ 27.40 Granted — — Forfeited (1.2 ) 23.34 Vested (a) (84.3 ) 27.30 Nonvested balance as of June 30, 2016 173.3 $ 27.48 (a) The vested MSUs presented are based on the target amount of the award. Pursuant to the actual performance for the period ended December 31, 2015, the actual shares earned and distributed were 91.1 , or 108% of target. No additional compensation expense was required, as the market condition was included in the $27.30 grant date fair value. Deferred Stock Units ("DSUs") We granted DSUs to our independent directors. We measure the fair value of DSUs at the grant date, based on the price of Brink's stock. In 2015 and 2016, our independent directors received grants of DSUs that vest and will be paid out in shares of Brink's stock on the first anniversary of the grant date, provided that the director has not elected to defer the distribution of shares until a later date. DSUs are forfeited if a director leaves before the vesting date. However, in connection with the retirement of two directors in January 2016, our board of directors waived the one -year vesting provision for those DSUs granted in 2015. The impact of this modification was recorded in the first quarter of 2016 and was not significant. DSUs granted prior to 2015, in general, will be paid out in shares of stock following separation from service. The following table summarizes all DSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 21.4 $ 32.79 Granted 26.0 29.35 Forfeited — — Vested (21.4 ) 31.72 Nonvested balance as of June 30, 2016 26.0 $ 29.35

Shares used to calculate earnin

Shares used to calculate earnings per share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Shares used to calculate earnings per share	Shares used to calculate earnings per share Three Months Six Months (In millions) 2016 2015 2016 2015 Weighted-average shares: Basic (a) 49.9 49.3 49.7 49.2 Effect of dilutive stock awards and options 0.4 — — — Diluted 50.3 49.3 49.7 49.2 Antidilutive stock awards and options excluded from denominator 0.2 1.5 1.3 1.5 (a) We have deferred compensation plans for directors and certain of our employees. For participants electing to defer compensation into common stock units, amounts owed to participants will be paid out in shares of Brink's common stock. Each unit represents one share of common stock. The number of shares used to calculate basic earnings per share includes the weighted-average units credited to employees and directors under the deferred compensation plans. Accordingly, included in basic shares are 0.5 million in the three months and 0.5 million in the six months ended June 30, 2016 , and 0.6 million in the three months and 0.5 million in the six months ended June 30, 2015 .

Loss from discontinued operatio

Loss from discontinued operations	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Loss from discontinued operations	Loss from discontinued operations Three Months Six Months (In millions) 2016 2015 2016 2015 Loss from operations (a)(b) $ — — $ — (2.4 ) Loss on sale (a) — (0.1 ) — (0.8 ) Adjustments to contingencies of former operations (c) : Other 0.1 — 0.1 (0.1 ) (Income) loss from discontinued operations before income taxes 0.1 (0.1 ) 0.1 (3.3 ) Provision (benefit) for income taxes 0.1 (0.2 ) 0.1 (1.0 ) (Income) loss from discontinued operations, net of tax $ — 0.1 $ — (2.3 ) (a) Discontinued operations include gains and losses related to businesses that we recently sold. No interest expense was included in discontinued operations in the first six months of 2015. (b) The loss from operations in the first six months of 2015 included $1.0 million in pension settlement charges related to the Mexican parcel delivery service sold in February 2015. (c) Primarily related to former businesses previously exited. Operations sold classified as discontinued operations: • In February 2015, we sold a small Mexican parcel delivery business which met the criteria for classification as a discontinued operation as of December 31, 2014. Other divestitures not classified as discontinued operations: • We sold an Irish guarding operation in November 2015. • We sold our 70% ownership interest in a Russian cash management business in November 2015 and recognized a $5.9 million loss on the disposition in the fourth quarter of 2015. A significant part of the loss ( $5.0 million ) represented the reclassification of foreign currency adjustments from accumulated other comprehensive loss into earnings. Revenues and income (loss) from operations before tax were not significant for the Irish guarding business or the Russian cash management business.

Supplemental cash flow informat

Supplemental cash flow information	6 Months Ended
	Jun. 30, 2016
Supplemental Cash Flow Information [Abstract]
Supplemental cash flow information	Supplemental cash flow information Six Months (In millions) 2016 2015 Cash paid for: Interest 9.6 9.5 Income taxes, net 37.8 26.5 Argentina Debt Security Transactions We have elected in the past and could continue in the future to repatriate cash from Brink’s Argentina using different means to convert Argentine pesos into U.S. dollars. In the first six months of 2016 , cash outflows from the purchase of debt securities totaled $2.1 million and cash inflows from the sale of these securities totaled $2.0 million . In the first six months of 2015 , we did not convert any Argentine pesos to U.S. dollars using these debt security transactions. The net cash flows from these transactions are treated as operating cash flows as the debt securities are purchased specifically for resale and are generally sold within a short period of time from the date of purchase. Non-cash Investing and Financing Activities We acquired $12.7 million in armored vehicles and other equipment under capital lease arrangements in the first six months of 2016 compared to $6.2 million in armored vehicles and point of sale equipment acquired under capital lease arrangements in the first six months of 2015 . Cash Supply Chain Services In France, we offer services to certain of our customers where we manage some or all of their cash supply chains. Providing this service requires our French subsidiary to take temporary title to the cash received from the management of our customers' cash supply chains until the cash is returned to the customers. As part of this service offering, we have entered into lending arrangements with some of our customers. Cash borrowed under these lending arrangements is used in the process of managing these customers' cash supply chains. The cash for which we have temporary title and the cash borrowed under these customer lending arrangements is restricted and cannot be used for any other purpose other than to service our customers who participate in this service offering. At June 30, 2016 , we held $50.7 million of restricted cash ( $9.2 million represented short-term borrowings and $41.5 million represented restricted cash held for customers). At December 31, 2015 , we held $16.4 million of restricted cash ( $3.5 million represented short-term borrowings and $12.9 million represented restricted cash held for customers).

Contingent matters

Contingent matters	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingent matters	Contingent matters On June 19, 2008, a lawsuit captioned Del Valle Gurria S.C. v. Servicio Pan Americano de Protección, S.A. de C.V. was filed with the Twenty-third Civil Judge in the Federal District in Mexico (the “Court”) against Servicio Pan American de Proteccion, S.A. de C.V. (SERPAPROSA), the Mexico subsidiary that we acquired in November 2010. The plaintiff claims it is owed legal fees and corresponding value-added tax (VAT), interest and expenses related to its legal representation of SERPAPROSA in connection with tax audits covering the 1991, 1992 and 1994 fiscal years. On October 28, 2010, the Court issued a decision in favor of SERPAPROSA in part and the plaintiff in part, ordering SERPAPROSA to pay the plaintiff less than $1 million for its previous representation of SERPAPROSA. Between November 2010 and October 2013, the judgment was subject to multiple appeals by both parties to the Fifth Civil Court of Appeal of the Federal District in Mexico (the “Fifth Civil Court of Appeal”) and to the First Civil Collegiate Tribunal of the First Circuit in Mexico (the “First Civil Collegiate Tribunal”), and was remanded twice to the Court for determination of the fees to be paid to the plaintiff. On December 6, 2013, the Fifth Civil Court of Appeal issued a decision in favor of the plaintiff, modifying the lower court’s ruling and ordering SERPAPROSA to pay the plaintiff approximately $7 million plus VAT and interest for its previous representation of SERPAPROSA. SERPAPROSA filed a constitutional injunction on January 20, 2014 with the First Civil Collegiate Tribunal. The appeal was granted in favor of SERPAPROSA on September 17, 2014, ordering SERPAPROSA to pay approximately $2 million plus VAT and interest. The plaintiff filed an appeal on October 7, 2014, with the Mexico Supreme Court, which was rejected by the court on October 22, 2014. The plaintiff filed two subsequent actions appealing the Supreme Court’s October 22, 2014 decision, one before the First Appellate Court in Civil Matters of the First Circuit (the “Appellate Court”) and one with the Mexico Supreme Court. The action filed before the Appellate Court was rejected on February 16, 2015; the action filed with the Mexico Supreme Court is pending. The Company has accrued $2 million , reflecting the Company’s best estimate of exposure, although additional reasonably possible losses could be up to $10 million , based on currency exchange rates at June 30, 2016 . The ultimate resolution of this matter is unknown and the estimated liability may change in the future. The Company denies the allegations asserted by the plaintiff and is vigorously defending itself in this matter. During the fourth quarter of 2015, we became aware of an investigation initiated by COFECE (the Mexican antitrust agency) related to potential anti-competitive practices among competitors in the cash logistics industry in Mexico (the industry in which Brink’s Mexican subsidiary, SERPAPROSA, is active). Because no legal proceedings have been initiated against SERPAPROSA, we cannot estimate the probability of loss or any range of estimate of possible loss at this time. It is possible that SERPAPROSA could become the subject of legal or administrative claims or proceedings, however, that could result in a loss that could be material to the Company’s results in a future period. In addition, we are involved in various other lawsuits and claims in the ordinary course of business. We are not able to estimate the loss or range of losses for some of these matters. We have recorded accruals for losses that are considered probable and reasonably estimable. Except as otherwise noted, we do not believe that the ultimate disposition of any of the lawsuits currently pending against the Company should have a material adverse effect on our liquidity, financial position or results of operations.

Reorganization and Restructurin

Reorganization and Restructuring	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Reorganization and Restructuring	Reorganization and Restructuring 2015 Reorganization and Restructuring Brink's initiated a global restructuring of its business in the third quarter of 2015 and recognized $11.6 million in related 2015 costs. We recognized an additional $4.4 million in costs in the first half of 2016 related to employee severance, contract terminations, and lease terminations associated with the restructuring. The 2015 Reorganization and Restructuring is expected to reduce the global workforce by approximately 1,000 positions and is projected to result in $20 to $25 million in 2016 cost savings. At June 30, 2016, the actions under this program were substantially completed, with cumulative pretax charges of approximately $16 million . The following table summarizes the costs incurred, payments and utilization, and foreign currency exchange effects of the 2015 Reorganization and Restructuring: (In millions) Severance Costs Contract Terminations Lease Terminations Total Balance as of January 1, 2016 $ 6.3 — — 6.3 Expense 2.7 0.2 1.5 4.4 Payments and utilization (6.2 ) (0.2 ) (0.7 ) (7.1 ) Foreign currency exchange effects 0.1 — (0.1 ) — Balance as of June 30, 2016 $ 2.9 — 0.7 3.6 Executive Leadership and Board of Directors Restructuring In the fourth quarter of 2015, we recognized $1.8 million in costs related to the restructuring of executive leadership and Board of Directors, which was announced in January 2016. We also recognized an additional $3.8 million in charges, primarily severance costs, in the first half of 2016. At June 30, 2016 , all expenses related to these restructuring actions had been paid out in cash, including the departure of our former CEO in May 2016 and the retirement of two Board members in January 2016. 2014 Reorganization and Restructuring In the fourth quarter of 2014, we announced a reorganization and restructuring of Brink’s global organization to accelerate the execution of our strategy by reducing costs and providing for a more streamlined and centralized organization. As part of this program, we reduced our total workforce by approximately 1,700 positions. The restructuring saved annual direct costs of approximately $50 million in 2015 compared to 2014, excluding charges for severance, lease termination and accelerated depreciation. We recorded total pretax charges of $21.8 million in 2014 and an additional $0.3 million of pretax charges in the first six months of 2015 related to the 2014 Reorganization and Restructuring. The actions under this program were substantially completed by the end of 2015 with cumulative pretax charges of approximately $24 million , primarily severance costs.

Basis of presentation (Policies

Basis of presentation (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Use of Estimates	We have made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these consolidated financial statements. Actual results could differ materially from these estimates. The most significant estimates are related to goodwill and other long-lived assets, pension and other retirement benefit obligations, legal contingencies, business divestitures and deferred tax assets.
Consolidation	The consolidated financial statements include the accounts of Brink’s and the subsidiaries it controls. Control is determined based on ownership rights or, when applicable, based on whether we are considered to be the primary beneficiary of a variable interest entity. Our interest in 20% to 50% owned companies that are not controlled are accounted for using the equity method, provided we sufficiently influence the management of the investee. Other investments are accounted for as cost-method investments or as available-for-sale. All significant intercompany accounts and transactions have been eliminated in consolidation.
Foreign Currency Translation	Foreign Currency Translation Our consolidated financial statements are reported in U.S. dollars. Our foreign subsidiaries maintain their records primarily in the currency of the country in which they operate. The method of translating local currency financial information into U.S. dollars depends on whether the economy in which our foreign subsidiary operates has been designated as highly inflationary or not. Economies with an officially reported three -year cumulative inflation rate of more than 100% are considered highly inflationary. Assets and liabilities of foreign subsidiaries in non-highly inflationary economies are translated into U.S. dollars using rates of exchange at the balance sheet date. Translation adjustments are recorded in other comprehensive income (loss). Revenues and expenses are translated at rates of exchange in effect during the year. Transaction gains and losses are recorded in earnings. Foreign subsidiaries that operate in highly inflationary countries use the U.S. dollar as their functional currency. Local-currency monetary assets and liabilities are remeasured into U.S. dollars using rates of exchange as of each balance sheet date, with remeasurement adjustments and other transaction gains and losses recognized in earnings. Non-monetary assets and liabilities do not fluctuate with changes in local currency exchange rates to the dollar. Venezuela The economy in Venezuela has had significant inflation in the last several years. We consolidate our Venezuelan results using our accounting policy for subsidiaries operating in highly inflationary economies.
Impairment of Long-Lived Assets in Venezuela	Impairment of Long-lived Assets in Venezuela During the second quarter of 2015, Brink's elected to evaluate and pursue strategic options for the Venezuelan business. Our consideration of these strategic options is ongoing and, during the second quarter of 2015, required us to perform an impairment review of the carrying values of our Venezuelan long-lived assets in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 360, Property, Plant and Equipment . Our asset impairment analysis included management's best estimate of associated cash flows relating to the long-lived assets and included fair value assumptions that reflect conditions that exist in a volatile economic environment. Future events or actions relative to our Venezuelan business may result in further adjustments.
Restricted Cash	Restricted Cash In France, we offer services to certain of our customers where we manage some or all of their cash supply chains. In connection with this offering, we take temporary title to certain customers' cash, which is included as restricted cash in our financial statements due to customer agreement or regulation
New Accounting Standards	New Accounting Standards In May 2014, the FASB issued Accounting Standards Update ("ASU") 2014-09, Revenue From Contracts with Customers, a new standard related to revenue recognition which requires an entity to recognize an amount of revenue to which it expects to be entitled for the transfer of promised goods and services to customers. The new standard will replace most of the existing revenue recognition standards in U.S. GAAP. In August 2015, the FASB issued ASU 2015-14, which defers the effective date of this new standard to January 1, 2018. Subsequently, the FASB has continued to refine the standard and has issued several amendments. The new standard can be applied retrospectively to each reporting period presented or retrospectively with the cumulative effect of the change recognized at the date of the initial application in retained earnings. We are assessing the potential impact of this new standard on financial reporting and have not yet selected a transition method. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) , which will require the recognition of assets and liabilities by lessees for certain leases classified as operating leases under current accounting guidance. The new standard also requires expanded disclosures regarding leasing activities. ASU 2016-02 will be effective January 1, 2019 and we are assessing the potential impact of the standard on financial reporting. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting , which will simplify how certain features related to share-based payments are accounted for and presented in the financial statements. The new standard is effective January 1, 2017 with early adoption permitted in any interim or annual period. We are assessing the potential impact of this new standard on financial reporting. In June 2016, the FASB issued ASU 2016-13, Measurement of Credit Losses on Financial Instruments , which significantly changes the way entities recognize impairment of many financial assets by requiring immediate recognition of estimated credit losses expected to occur over their remaining life. ASU 2016-13 is effective January 1, 2020, with early adoption permitted January 1, 2019. We are assessing the potential impact of this new standard on financial reporting.

Segment information (Tables)

Segment information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Reconciliation of Revenue and Operating Profit from Segments to Consolidated	The following table summarizes our revenues and operating profit for each of our reportable segments: Revenues Operating Profit Three Months Ended June 30, Three Months Ended June 30, (In millions) 2016 2015 2016 2015 Reportable Segments: U.S. $ 182.5 184.1 $ (1.5 ) 6.4 France 107.9 107.4 10.1 6.7 Mexico 77.3 85.1 3.1 4.5 Brazil 66.9 67.7 2.5 2.1 Canada 38.2 39.6 1.4 2.4 Largest 5 Markets 472.8 483.9 15.6 22.1 Latin America 85.0 91.2 20.8 19.2 EMEA 96.2 112.3 9.9 9.1 Asia 41.5 38.6 7.0 5.9 Global Markets 222.7 242.1 37.7 34.2 Payment Services 21.0 22.1 (2.0 ) (3.7 ) Total reportable segments 716.5 748.1 51.3 52.6 Reconciling Items: Corporate expenses: General, administrative and other expenses — — (16.1 ) (25.3 ) Foreign currency transaction gains (losses) — — 1.4 1.1 Reconciliation of segment policies to GAAP — — 1.3 2.2 Other items not allocated to segments: Venezuela operations 21.5 12.2 0.9 (39.1 ) Reorganization and Restructuring — — (2.1 ) 1.2 U.S. and Mexican retirement plans — — (8.1 ) (7.6 ) Acquisitions and dispositions 1.5 — (6.5 ) 0.3 Total $ 739.5 760.3 $ 22.1 (14.6 ) Revenues Operating Profit Six Months Ended June 30, Six Months Ended June 30, (In millions) 2016 2015 2016 2015 Reportable Segments: U.S. $ 361.3 367.7 $ (3.7 ) 14.7 France 212.7 213.1 14.6 10.8 Mexico 152.2 170.8 6.3 12.4 Brazil 126.9 141.5 8.6 8.2 Canada 74.1 78.4 3.2 4.1 Largest 5 Markets 927.2 971.5 29.0 50.2 Latin America 164.2 182.0 38.3 35.7 EMEA 191.6 228.0 16.8 17.3 Asia 80.5 77.3 13.4 12.4 Global Markets 436.3 487.3 68.5 65.4 Payment Services 41.9 44.9 (2.0 ) (3.2 ) Total reportable segments 1,405.4 1,503.7 95.5 112.4 Reconciling Items: Corporate expenses: General, administrative and other expenses — — (33.7 ) (42.9 ) Foreign currency transaction gains (losses) — — 2.7 (3.7 ) Reconciliation of segment policies to GAAP — — 4.5 5.4 Other items not allocated to segments: Venezuela operations 53.6 32.7 2.7 (57.0 ) Reorganization and Restructuring — — (8.1 ) (0.3 ) U.S. and Mexican retirement plans — — (15.4 ) (15.9 ) Acquisitions and dispositions 2.3 — (12.3 ) 0.3 Total $ 1,461.3 1,536.4 $ 35.9 (1.7 )

Retirement benefits (Tables)

Retirement benefits (Tables)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs	The components of net periodic pension cost for our pension plans were as follows: U.S. Plans Non-U.S. Plans Total (In millions) 2016 2015 2016 2015 2016 2015 Three months ended June 30, Service cost $ — — 2.7 2.6 2.7 2.6 Interest cost on projected benefit obligation 9.3 9.0 3.1 3.0 12.4 12.0 Return on assets – expected (13.6 ) (13.6 ) (2.5 ) (2.4 ) (16.1 ) (16.0 ) Amortization of losses 6.2 7.7 1.2 1.2 7.4 8.9 Amortization of prior service cost — — 0.2 0.2 0.2 0.2 Settlement loss — — 0.6 1.1 0.6 1.1 Net periodic pension cost $ 1.9 3.1 5.3 5.7 7.2 8.8 Included in: Continuing operations $ 1.9 3.1 5.3 5.7 7.2 8.8 Discontinued operations — — — — — — Net periodic pension cost $ 1.9 3.1 5.3 5.7 7.2 8.8 Six months ended June 30, Service cost $ — — 5.5 5.5 5.5 5.5 Interest cost on projected benefit obligation 18.5 18.0 6.5 6.2 25.0 24.2 Return on assets – expected (27.3 ) (27.3 ) (4.8 ) (4.8 ) (32.1 ) (32.1 ) Amortization of losses 12.3 15.5 2.4 2.5 14.7 18.0 Amortization of prior service cost — — 0.2 0.2 0.2 0.2 Settlement loss — — 1.4 3.4 1.4 3.4 Net periodic pension cost $ 3.5 6.2 11.2 13.0 14.7 19.2 Included in: Continuing operations $ 3.5 6.2 11.2 11.9 14.7 18.1 Discontinued operations — — — 1.1 — 1.1 Net periodic pension cost $ 3.5 6.2 11.2 13.0 14.7 19.2
Schedule of Costs of Retirement Plans	The components of net periodic postretirement cost related to retirement benefits other than pensions were as follows: UMWA Plans Black Lung and Other Plans Total (In millions) 2016 2015 2016 2015 2016 2015 Three months ended June 30, Service cost $ — — — 0.1 — 0.1 Interest cost on accumulated postretirement benefit obligations 4.8 4.2 0.7 0.7 5.5 4.9 Return on assets – expected (4.3 ) (5.1 ) — — (4.3 ) (5.1 ) Amortization of losses 4.5 3.7 0.7 0.8 5.2 4.5 Amortization of prior service (credit) cost (1.2 ) (1.1 ) 0.4 0.4 (0.8 ) (0.7 ) Net periodic postretirement cost $ 3.8 1.7 1.8 2.0 5.6 3.7 Six months ended June 30, Service cost $ — — — 0.1 — 0.1 Interest cost on accumulated postretirement benefit obligations 9.4 8.7 1.3 1.4 10.7 10.1 Return on assets – expected (8.7 ) (10.3 ) — — (8.7 ) (10.3 ) Amortization of losses 8.8 8.0 1.2 1.5 10.0 9.5 Amortization of prior service (credit) cost (2.3 ) (2.3 ) 0.9 0.9 (1.4 ) (1.4 ) Net periodic postretirement cost $ 7.2 4.1 3.4 3.9 10.6 8.0

Income taxes (Tables)

Income taxes (Tables)	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Continuing operations Provision for income taxes (in millions) $ 14.5 7.6 $ 23.9 23.1 Effective tax rate 81.0 % (40.2 )% 89.2 % (220.0 %)

Accumulated other comprehensi24

Accumulated other comprehensive income (loss) (Tables)	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Comprehensive Income (Loss)	Other comprehensive income (loss), including the amounts reclassified from accumulated other comprehensive loss into earnings, was as follows: Amounts Arising During the Current Period Amounts Reclassified to Net Income (Loss) (In millions) Pretax Income Tax Pretax Income Tax Total Other Comprehensive Income (Loss) Three months ended June 30, 2016 Amounts attributable to Brink's: Benefit plan adjustments $ (0.8 ) 0.2 12.6 (4.5 ) 7.5 Foreign currency translation adjustments (3.5 ) — — — (3.5 ) Unrealized gains (losses) on available-for-sale securities 0.3 (0.2 ) (0.5 ) 0.2 (0.2 ) Gains (losses) on cash flow hedges (1.2 ) 0.4 1.1 (0.3 ) — (5.2 ) 0.4 13.2 (4.6 ) 3.8 Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.2 — 0.2 Foreign currency translation adjustments — — — — — — — 0.2 — 0.2 Total Benefit plan adjustments (a) (0.8 ) 0.2 12.8 (4.5 ) 7.7 Foreign currency translation adjustments (3.5 ) — — — (3.5 ) Unrealized gains (losses) on available-for-sale securities (b) 0.3 (0.2 ) (0.5 ) 0.2 (0.2 ) Gains (losses) on cash flow hedges (c) (1.2 ) 0.4 1.1 (0.3 ) — $ (5.2 ) 0.4 13.4 (4.6 ) 4.0 Three months ended June 30, 2015 Amounts attributable to Brink's: Benefit plan adjustments $ (1.1 ) 0.3 14.1 (4.8 ) 8.5 Foreign currency translation adjustments 6.5 — — — 6.5 Unrealized losses on available-for-sale securities — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges (0.2 ) — 0.6 — 0.4 5.2 0.3 14.6 (4.8 ) 15.3 Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.1 — 0.1 Foreign currency translation adjustments 0.4 — — — 0.4 0.4 — 0.1 — 0.5 Total Benefit plan adjustments (a) (1.1 ) 0.3 14.2 (4.8 ) 8.6 Foreign currency translation adjustments 6.9 — — — 6.9 Unrealized losses on available-for-sale securities (b) — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges (c) (0.2 ) — 0.6 — 0.4 $ 5.6 0.3 14.7 (4.8 ) 15.8 Amounts Arising During the Current Period Amounts Reclassified to Net Income (Loss) (In millions) Pretax Income Tax Pretax Income Tax Total Other Comprehensive Income (Loss) Six months ended June 30, 2016 Amounts attributable to Brink's: Benefit plan adjustments $ (1.9 ) 0.5 24.9 (8.7 ) 14.8 Foreign currency translation adjustments 13.6 — — — 13.6 Unrealized gains (losses) on available-for-sale securities 0.5 (0.2 ) (0.5 ) 0.2 — Gains (losses) on cash flow hedges (2.2 ) 0.5 1.8 (0.3 ) (0.2 ) 10.0 0.8 26.2 (8.8 ) 28.2 Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.3 — 0.3 Foreign currency translation adjustments 0.7 — — — 0.7 0.7 — 0.3 — 1.0 Total Benefit plan adjustments (a) (1.9 ) 0.5 25.2 (8.7 ) 15.1 Foreign currency translation adjustments 14.3 — — — 14.3 Unrealized gains (losses) on available-for-sale securities (b) 0.5 (0.2 ) (0.5 ) 0.2 — Gains (losses) on cash flow hedges (c) (2.2 ) 0.5 1.8 (0.3 ) (0.2 ) $ 10.7 0.8 26.5 (8.8 ) 29.2 Six months ended June 30, 2015 Amounts attributable to Brink's: Benefit plan adjustments $ (5.7 ) 1.5 29.8 (10.0 ) 15.6 Foreign currency translation adjustments (42.4 ) — — — (42.4 ) Unrealized losses on available-for-sale securities — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges 1.9 — (1.5 ) — 0.4 (46.2 ) 1.5 28.2 (10.0 ) (26.5 ) Amounts attributable to noncontrolling interests: Benefit plan adjustments — — 0.2 — 0.2 Foreign currency translation adjustments (1.1 ) — — — (1.1 ) (1.1 ) — 0.2 — (0.9 ) Total Benefit plan adjustments (a) (5.7 ) 1.5 30.0 (10.0 ) 15.8 Foreign currency translation adjustments (43.5 ) — — — (43.5 ) Unrealized losses on available-for-sale securities (b) — — (0.1 ) — (0.1 ) Gains (losses) on cash flow hedges (c) 1.9 — (1.5 ) — 0.4 $ (47.3 ) 1.5 28.4 (10.0 ) (27.4 ) (a) The amortization of prior experience losses and prior service cost is part of total net periodic retirement benefit cost when reclassified to net income. Net periodic retirement benefit cost also includes service costs, interest costs, expected returns on assets, and settlement costs. The total pretax expense is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2016 2015 2016 2015 Total net periodic retirement benefit cost included in: Cost of revenues $ 10.5 8.8 20.9 18.7 Selling, general and administrative expenses 2.3 3.7 4.4 7.4 (b) Gains and losses on sales of available-for-sale securities are reclassified from accumulated other comprehensive loss to the income statement when the gains or losses are realized. Pretax amounts are classified in the income statement as interest and other income (expense). (c) Pretax gains and losses on cash flow hedges are classified in the income statement as: • other operating income (expense) ( $0.8 million of losses in the three months ended June 30, 2016 and $0.4 million of losses in the three months ended June 30, 2015 ; as well as $1.4 million of losses in the six months ended June 30, 2016 and $1.9 million of gains in the six months ended June 30, 2015 ) • interest and other income (expense) ( $0.1 million of losses in the three months ended June 30, 2016 and $0.1 million of losses in the three months ended June 30, 2015 ; as well as $0.2 million of losses in the six months ended June 30, 2016 and $0.3 million of losses in the six months ended June 30, 2015 ).
Reclassification out of Accumulated Other Comprehensive Income	The total pretax expense is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis: Three Months Ended June 30, Six Months Ended June 30, (In millions) 2016 2015 2016 2015 Total net periodic retirement benefit cost included in: Cost of revenues $ 10.5 8.8 20.9 18.7 Selling, general and administrative expenses 2.3 3.7 4.4 7.4 (b) Gains and losses on sales of available-for-sale securities are reclassified from accumulated other comprehensive loss to the income statement when the gains or losses are realized. Pretax amounts are classified in the income statement as interest and other income (expense). (c) Pretax gains and losses on cash flow hedges are classified in the income statement as: • other operating income (expense) ( $0.8 million of losses in the three months ended June 30, 2016 and $0.4 million of losses in the three months ended June 30, 2015 ; as well as $1.4 million of losses in the six months ended June 30, 2016 and $1.9 million of gains in the six months ended June 30, 2015 ) • interest and other income (expense) ( $0.1 million of losses in the three months ended June 30, 2016 and $0.1 million of losses in the three months ended June 30, 2015 ; as well as $0.2 million of losses in the six months ended June 30, 2016 and $0.3 million of losses in the six months ended June 30, 2015 ).
Schedule of Accumulated Other Comprehensive Income (Loss)	The changes in accumulated other comprehensive loss attributable to Brink’s are as follows: (In millions) Benefit Plan Adjustments Foreign Currency Translation Adjustments Unrealized Gains (Losses) on Available-for-Sale Securities Gains (Losses) on Cash Flow Hedges Total Balance as of December 31, 2015 $ (570.5 ) (322.6 ) 1.1 0.1 (891.9 ) Other comprehensive income (loss) before reclassifications (1.4 ) 13.6 0.3 (1.7 ) 10.8 Amounts reclassified from accumulated other comprehensive loss 16.2 — (0.3 ) 1.5 17.4 Other comprehensive income (loss) attributable to Brink's 14.8 13.6 — (0.2 ) 28.2 Balance as of June 30, 2016 $ (555.7 ) (309.0 ) 1.1 (0.1 ) (863.7 )

Fair value of financial instr25

Fair value of financial instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments	The fair value and carrying value of our fixed-rate debt are as follows: (In millions) June 30, 2016 December 31, 2015 Unsecured notes issued in a private placement Carrying value $ 85.7 92.9 Fair value 90.1 95.7

Share-based compensation plans

Share-based compensation plans (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	The following table summarizes all MSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 258.8 $ 27.40 Granted — — Forfeited (1.2 ) 23.34 Vested (a) (84.3 ) 27.30 Nonvested balance as of June 30, 2016 173.3 $ 27.48 (a) The vested MSUs presented are based on the target amount of the award. Pursuant to the actual performance for the period ended December 31, 2015, the actual shares earned and distributed were 91.1 , or 108% of target. No additional compensation expense was required, as the market condition was included in the $27.30 grant date fair value. The following table summarizes RSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 273.0 $ 26.16 Granted 169.7 28.59 Forfeited (15.6 ) 26.15 Vested (90.5 ) 26.53 Nonvested balance as of June 30, 2016 336.6 $ 27.29 The following table summarizes all DSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 21.4 $ 32.79 Granted 26.0 29.35 Forfeited — — Vested (21.4 ) 31.72 Nonvested balance as of June 30, 2016 26.0 $ 29.35 The following table summarizes all PSU activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Nonvested balance as of December 31, 2015 503.4 $ 25.93 Granted 315.9 29.06 Forfeited (18.8 ) 26.95 Vested (a) (162.9 ) 23.73 Nonvested balance as of June 30, 2016 637.6 $ 28.01 (a) The vested PSUs presented are based on the target amount of the award. Pursuant to the actual performance for the period ended December 31, 2015, the actual shares earned and distributed were 277.1 , representing 171% of target or, for a smaller award, 125% of target. Compensation expense is classified as selling, general and administrative expenses in the consolidated statements of operations. Compensation expenses for the share-based awards were as follows: Compensation Expense Compensation Expense Three Months Ended June 30, Six Months Ended June 30, (in millions) 2016 2015 2016 2015 Performance Share Units $ 1.0 2.0 2.3 4.5 Market Share Units — 0.3 0.2 1.9 Restricted Stock Units 0.9 0.9 2.0 1.9 Deferred Stock Units 0.1 0.1 0.3 0.2 Stock Options 0.1 — 0.1 — Share-based payment expense 2.1 3.3 4.9 8.5 Income tax benefit (0.7 ) (1.1 ) (1.7 ) (2.9 ) Share-based payment expense, net of tax $ 1.4 2.2 3.2 5.6
Schedule of Share-based Compensation, Stock Options, Activity	The following table summarizes performance-based stock option activity during the first six months of 2016 : Shares (in thousands) Weighted-Average Grant-Date Fair Value Outstanding balance as of December 31, 2015 — $ — Granted 400.0 5.92 Forfeited — — Exercised — — Outstanding balance as of June 30, 2016 400.0 $ 5.92

Shares used to calculate earn27

Shares used to calculate earnings per share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	Three Months Six Months (In millions) 2016 2015 2016 2015 Weighted-average shares: Basic (a) 49.9 49.3 49.7 49.2 Effect of dilutive stock awards and options 0.4 — — — Diluted 50.3 49.3 49.7 49.2 Antidilutive stock awards and options excluded from denominator 0.2 1.5 1.3 1.5 (a) We have deferred compensation plans for directors and certain of our employees. For participants electing to defer compensation into common stock units, amounts owed to participants will be paid out in shares of Brink's common stock. Each unit represents one share of common stock. The number of shares used to calculate basic earnings per share includes the weighted-average units credited to employees and directors under the deferred compensation plans. Accordingly, included in basic shares are 0.5 million in the three months and 0.5 million in the six months ended June 30, 2016 , and 0.6 million in the three months and 0.5 million in the six months ended June 30, 2015 .

Loss from discontinued operat28

Loss from discontinued operations (Tables)	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Income from Discontinued Operations	Three Months Six Months (In millions) 2016 2015 2016 2015 Loss from operations (a)(b) $ — — $ — (2.4 ) Loss on sale (a) — (0.1 ) — (0.8 ) Adjustments to contingencies of former operations (c) : Other 0.1 — 0.1 (0.1 ) (Income) loss from discontinued operations before income taxes 0.1 (0.1 ) 0.1 (3.3 ) Provision (benefit) for income taxes 0.1 (0.2 ) 0.1 (1.0 ) (Income) loss from discontinued operations, net of tax $ — 0.1 $ — (2.3 ) (a) Discontinued operations include gains and losses related to businesses that we recently sold. No interest expense was included in discontinued operations in the first six months of 2015. (b) The loss from operations in the first six months of 2015 included $1.0 million in pension settlement charges related to the Mexican parcel delivery service sold in February 2015. (c) Primarily related to former businesses previously exited.

Supplemental cash flow inform29

Supplemental cash flow information (Tables)	6 Months Ended
	Jun. 30, 2016
Supplemental Cash Flow Information [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	Six Months (In millions) 2016 2015 Cash paid for: Interest 9.6 9.5 Income taxes, net 37.8 26.5

Reorganization and Restructur30

Reorganization and Restructuring (Tables)	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	The following table summarizes the costs incurred, payments and utilization, and foreign currency exchange effects of the 2015 Reorganization and Restructuring: (In millions) Severance Costs Contract Terminations Lease Terminations Total Balance as of January 1, 2016 $ 6.3 — — 6.3 Expense 2.7 0.2 1.5 4.4 Payments and utilization (6.2 ) (0.2 ) (0.7 ) (7.1 ) Foreign currency exchange effects 0.1 — (0.1 ) — Balance as of June 30, 2016 $ 2.9 — 0.7 3.6

Basis of presentation (Details)

Basis of presentation (Details)	Nov. 30, 2015	Jun. 30, 2016USD ($)CountryRegionARS / $VEF / $	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)VEF / $	Jun. 30, 2016USD ($)SegmentCountryRegionARS / $VEF / $	Jun. 30, 2015USD ($)VEF / $	Dec. 31, 2015USD ($)	Mar. 31, 2016VEF / $	Dec. 31, 2014USD ($)VEF / $	Mar. 31, 2014VEF / $
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of operating segments | Segment					9
Number of countries in which the entity operates, within the five largest markets | Country		5			5
Number of regions in which the entity operates, within global markets | Region		3			3
Cash and cash equivalents		$ 169,600,000		$ 181,100,000	$ 169,600,000	$ 181,100,000	$ 181,900,000		$ 176,200,000
Accumulated other comprehensive losses related to Venezuela		863,700,000			863,700,000		891,900,000
Venezuela impairment charge			$ 800,000	34,500,000	0	34,500,000
Revenues		739,500,000		$ 760,300,000	1,461,300,000	1,536,400,000
Restricted cash		50,700,000			50,700,000		16,400,000
Accrued liabilities		377,900,000			377,900,000		401,200,000
Restricted cash held for customers		41,500,000			41,500,000		12,900,000
Short-term borrowings		77,200,000			77,200,000		32,600,000
Current maturities of long-term debt		$ 32,300,000			32,300,000		39,800,000
Net cash provided (used) by operating activities					13,400,000	42,600,000
Net cash provided by financing activities					22,700,000	11,300,000
Venezuela
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Official exchange rate | VEF / $									51
Foreign currency transaction losses						(18,200,000)
Income (loss) attributable to noncontrolling interest					$ 2,600,000	$ (5,600,000)
Remeasurement rate | VEF / $		628			628			273
Rate decrease percent		57.00%			57.00%
Accumulated other comprehensive losses related to Venezuela		$ 112,700,000			$ 112,700,000
Carrying value of long-lived assets		8,600,000			8,600,000
Ireland
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenues							20,000,000
Severance costs					4,600,000
Property impairment charge					1,800,000
Losses associated with exiting operations					4,000,000
Additional restructuring costs		$ 5,000,000			$ 5,000,000
Argentina
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Official exchange rate | ARS / $		15			15
Minimum | Venezuela
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Official exchange rate | VEF / $				170		170				49
Maximum | Venezuela
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Official exchange rate | VEF / $				200		200				52
Venezuelan bolívar fuerte | Venezuela
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Amount approved to be obtained									$ 1,200,000
Net remeasurement loss					$ (4,600,000)
Nonmonetary assets		$ 16,400,000			16,400,000		13,500,000
Investment in Venezuela operations		20,400,000			20,400,000		26,000,000
Net monetary assets		2,800,000			2,800,000		9,500,000
Cash and cash equivalents		6,800,000			6,800,000		6,200,000
Accumulated other comprehensive losses related to Venezuela		112,700,000			112,700,000		113,000,000
Argentine pesos | Argentina
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents		7,000,000			7,000,000
Losses from converting local pesos into U.S. dollars					100,000	$ 0
Argentine pesos | Minimum | Argentina
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Percent less favorable	30.00%
Argentine pesos | Maximum | Argentina
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Percent less favorable	40.00%
Venezuela Investment | Venezuela
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net payables to other Brink's affiliates		$ 8,800,000			8,800,000		18,700,000
Adjustment for Error Correction
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Cash and cash equivalents							(16,400,000)
Restricted cash							16,400,000
Accrued liabilities							(12,900,000)
Restricted cash held for customers							12,900,000
Short-term borrowings							(3,500,000)
Current maturities of long-term debt							(3,500,000)
Net cash provided (used) by operating activities					195,900,000		208,800,000
Net cash provided by financing activities					$ 52,500,000		$ 49,000,000

Segment information - Narrative

Segment information - Narrative (Details)	6 Months Ended
	Jun. 30, 2016SegmentCountryRegion
Segment Reporting [Abstract]
Number of operating segments | Segment	9
Number of countries in which the entity operates, within the five largest markets | Country	5
Number of regions in which the entity operates, within global markets | Region	3

Segment information - Revenue A

Segment information - Revenue And Operating Profits (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 739.5	$ 760.3	$ 1,461.3	$ 1,536.4
Operating Profit (Loss)	22.1	(14.6)	35.9	(1.7)
Total reportable segments
Segment Reporting Information [Line Items]
Revenues	716.5	748.1	1,405.4	1,503.7
Operating Profit (Loss)	51.3	52.6	95.5	112.4
Corporate expenses
Segment Reporting Information [Line Items]
General, administrative and other expenses	(16.1)	(25.3)	(33.7)	(42.9)
Foreign currency transaction gains (losses)	1.4	1.1	2.7	(3.7)
Reconciliation of segment policies to GAAP	1.3	2.2	4.5	5.4
Other items not allocated to segments
Segment Reporting Information [Line Items]
Acquisitions and dispositions, Revenues	1.5	0	2.3	0
Reorganization and Restructuring	(2.1)	1.2	(8.1)	(0.3)
U.S. and Mexican retirement plans	(8.1)	(7.6)	(15.4)	(15.9)
Acquisitions and dispositions, Operating profit	(6.5)	0.3	(12.3)	0.3
Largest 5 Markets | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	472.8	483.9	927.2	971.5
Operating Profit (Loss)	15.6	22.1	29	50.2
Global Markets | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	222.7	242.1	436.3	487.3
Operating Profit (Loss)	37.7	34.2	68.5	65.4
Venezuela
Segment Reporting Information [Line Items]
Foreign currency transaction gains (losses)				(18.2)
Venezuela | Other items not allocated to segments
Segment Reporting Information [Line Items]
Revenues	21.5	12.2	53.6	32.7
Operating Profit (Loss)	0.9	(39.1)	2.7	(57)
U.S. | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	182.5	184.1	361.3	367.7
Operating Profit (Loss)	(1.5)	6.4	(3.7)	14.7
France | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	107.9	107.4	212.7	213.1
Operating Profit (Loss)	10.1	6.7	14.6	10.8
Mexico | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	77.3	85.1	152.2	170.8
Operating Profit (Loss)	3.1	4.5	6.3	12.4
Brazil | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	66.9	67.7	126.9	141.5
Operating Profit (Loss)	2.5	2.1	8.6	8.2
Canada | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	38.2	39.6	74.1	78.4
Operating Profit (Loss)	1.4	2.4	3.2	4.1
Latin America | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	85	91.2	164.2	182
Operating Profit (Loss)	20.8	19.2	38.3	35.7
EMEA | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	96.2	112.3	191.6	228
Operating Profit (Loss)	9.9	9.1	16.8	17.3
Asia | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	41.5	38.6	80.5	77.3
Operating Profit (Loss)	7	5.9	13.4	12.4
Payment Services | Total reportable segments
Segment Reporting Information [Line Items]
Revenues	21	22.1	41.9	44.9
Operating Profit (Loss)	$ (2)	$ (3.7)	$ (2)	$ (3.2)

Retirement benefits - Retiremen

Retirement benefits - Retirement Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost on projected benefit obligation	9.3	9	18.5	18
Return on assets – expected	(13.6)	(13.6)	(27.3)	(27.3)
Amortization of losses	6.2	7.7	12.3	15.5
Amortization of prior service cost	0	0	0	0
Settlement loss	0	0	0	0
Net periodic pension cost	1.9	3.1	3.5	6.2
U.S. Plans | Continuing operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost	1.9	3.1	3.5	6.2
U.S. Plans | Discontinued operations
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost	0	0	0	0
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	2.7	2.6	5.5	5.5
Interest cost on projected benefit obligation	3.1	3	6.5	6.2
Return on assets – expected	(2.5)	(2.4)	(4.8)	(4.8)
Amortization of losses	1.2	1.2	2.4	2.5
Amortization of prior service cost	0.2	0.2	0.2	0.2
Settlement loss	0.6	1.1	1.4	3.4
Net periodic pension cost	5.3	5.7	11.2	13
Non-U.S. Plans | Continuing operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost	5.3	5.7	11.2	11.9
Non-U.S. Plans | Discontinued operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost	0	0	0	1.1
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	2.7	2.6	5.5	5.5
Interest cost on projected benefit obligation	12.4	12	25	24.2
Return on assets – expected	(16.1)	(16)	(32.1)	(32.1)
Amortization of losses	7.4	8.9	14.7	18
Amortization of prior service cost	0.2	0.2	0.2	0.2
Settlement loss	0.6	1.1	1.4	3.4
Net periodic pension cost	7.2	8.8	14.7	19.2
Pension Plan | Continuing operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost	7.2	8.8	14.7	18.1
Pension Plan | Discontinued operations
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost	0	0	0	1.1
UMWA Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0	0
Interest cost on projected benefit obligation	4.8	4.2	9.4	8.7
Return on assets – expected	(4.3)	(5.1)	(8.7)	(10.3)
Amortization of losses	4.5	3.7	8.8	8
Amortization of prior service cost	(1.2)	(1.1)	(2.3)	(2.3)
Net periodic pension cost	3.8	1.7	7.2	4.1
Black Lung and Other Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0.1	0	0.1
Interest cost on projected benefit obligation	0.7	0.7	1.3	1.4
Return on assets – expected	0	0	0	0
Amortization of losses	0.7	0.8	1.2	1.5
Amortization of prior service cost	0.4	0.4	0.9	0.9
Net periodic pension cost	1.8	2	3.4	3.9
Other Postretirement Benefit Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0.1	0	0.1
Interest cost on projected benefit obligation	5.5	4.9	10.7	10.1
Return on assets – expected	(4.3)	(5.1)	(8.7)	(10.3)
Amortization of losses	5.2	4.5	10	9.5
Amortization of prior service cost	(0.8)	(0.7)	(1.4)	(1.4)
Net periodic pension cost	$ 5.6	$ 3.7	$ 10.6	$ 8

Income taxes - Schedule of Comp

Income taxes - Schedule of Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Provision for income taxes (in millions)	$ 14.5	$ 7.6	$ 23.9	$ 23.1
Effective tax rate	81.00%	(40.20%)	89.20%	(220.00%)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
U.S. statutory tax rate	35.00%	35.00%
Effective tax rate on continuing operations excluding significant nondeductible expenses	56.00%	46.00%

Accumulated other comprehensi37

Accumulated other comprehensive income (loss) - Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	$ (5.2)	$ 5.6	$ 10.7	$ (47.3)
Amounts Arising During the Current Period, Income Tax	0.4	0.3	0.8	1.5
Amounts Reclassified to Net Income (Loss), Pretax	13.4	14.7	26.5	28.4
Amounts Reclassified to Net Income (Loss), Income Tax	(4.6)	(4.8)	(8.8)	(10)
Other comprehensive income (loss)	4	15.8	29.2	(27.4)
Benefit plan adjustments, Attributable to parent
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(0.8)	(1.1)	(1.9)	(5.7)
Amounts Arising During the Current Period, Income Tax	0.2	0.3	0.5	1.5
Amounts Reclassified to Net Income (Loss), Pretax	12.6	14.1	24.9	29.8
Amounts Reclassified to Net Income (Loss), Income Tax	(4.5)	(4.8)	(8.7)	(10)
Other comprehensive income (loss)	7.5	8.5	14.8	15.6
Foreign currency translation adjustments, Attributable to parent
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(3.5)	6.5	13.6	(42.4)
Amounts Arising During the Current Period, Income Tax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Pretax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Income Tax	0	0	0	0
Other comprehensive income (loss)	(3.5)	6.5	13.6	(42.4)
Unrealized gains (losses) on available-for-sale securities, Attributable to parent
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	0.3	0	0.5	0
Amounts Arising During the Current Period, Income Tax	(0.2)	0	(0.2)	0
Amounts Reclassified to Net Income (Loss), Pretax	(0.5)	(0.1)	(0.5)	(0.1)
Amounts Reclassified to Net Income (Loss), Income Tax	0.2	0	0.2	0
Other comprehensive income (loss)	(0.2)	(0.1)	0	(0.1)
Gains (losses) on cash flow hedges, Attributable to parent
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(1.2)	(0.2)	(2.2)	1.9
Amounts Arising During the Current Period, Income Tax	0.4	0	0.5	0
Amounts Reclassified to Net Income (Loss), Pretax	1.1	0.6	1.8	(1.5)
Amounts Reclassified to Net Income (Loss), Income Tax	(0.3)	0	(0.3)	0
Other comprehensive income (loss)	0	0.4	(0.2)	0.4
Accumulated Other Comprehensive Loss
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(5.2)	5.2	10	(46.2)
Amounts Arising During the Current Period, Income Tax	0.4	0.3	0.8	1.5
Amounts Reclassified to Net Income (Loss), Pretax	13.2	14.6	26.2	28.2
Amounts Reclassified to Net Income (Loss), Income Tax	(4.6)	(4.8)	(8.8)	(10)
Other comprehensive income (loss)	3.8	15.3	28.2	(26.5)
Benefit plan adjustments, Attributable to noncontrolling interest
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	0	0	0	0
Amounts Arising During the Current Period, Income Tax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Pretax	0.2	0.1	0.3	0.2
Amounts Reclassified to Net Income (Loss), Income Tax	0	0	0	0
Other comprehensive income (loss)	0.2	0.1	0.3	0.2
Foreign currency translation adjustments, Attributable to noncontrolling interest
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	0	0.4	0.7	(1.1)
Amounts Arising During the Current Period, Income Tax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Pretax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Income Tax	0	0	0	0
Other comprehensive income (loss)	0	0.4	0.7	(1.1)
AOCI Attributable to Noncontrolling Interest [Member]
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	0	0.4	0.7	(1.1)
Amounts Arising During the Current Period, Income Tax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Pretax	0.2	0.1	0.3	0.2
Amounts Reclassified to Net Income (Loss), Income Tax	0	0	0	0
Other comprehensive income (loss)	0.2	0.5	1	(0.9)
Benefit plan adjustments
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(0.8)	(1.1)	(1.9)	(5.7)
Amounts Arising During the Current Period, Income Tax	0.2	0.3	0.5	1.5
Amounts Reclassified to Net Income (Loss), Pretax	12.8	14.2	25.2	30
Amounts Reclassified to Net Income (Loss), Income Tax	(4.5)	(4.8)	(8.7)	(10)
Other comprehensive income (loss)	7.7	8.6	15.1	15.8
Foreign currency translation adjustments
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(3.5)	6.9	14.3	(43.5)
Amounts Arising During the Current Period, Income Tax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Pretax	0	0	0	0
Amounts Reclassified to Net Income (Loss), Income Tax	0	0	0	0
Other comprehensive income (loss)	(3.5)	6.9	14.3	(43.5)
Unrealized gains (losses) on available-for-sale securities
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	0.3	0	0.5	0
Amounts Arising During the Current Period, Income Tax	(0.2)	0	(0.2)	0
Amounts Reclassified to Net Income (Loss), Pretax	(0.5)	(0.1)	(0.5)	(0.1)
Amounts Reclassified to Net Income (Loss), Income Tax	0.2	0	0.2	0
Other comprehensive income (loss)	(0.2)	(0.1)	0	(0.1)
Gains (losses) on cash flow hedges
Other Comprehensive Income Loss [Line Items]
Amounts Arising During the Current Period, Pretax	(1.2)	(0.2)	(2.2)	1.9
Amounts Arising During the Current Period, Income Tax	0.4	0	0.5	0
Amounts Reclassified to Net Income (Loss), Pretax	1.1	0.6	1.8	(1.5)
Amounts Reclassified to Net Income (Loss), Income Tax	(0.3)	0	(0.3)	0
Other comprehensive income (loss)	$ 0	$ 0.4	$ (0.2)	$ 0.4

Accumulated other comprehensi38

Accumulated other comprehensive income (loss) - Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of revenues	$ 604.5	$ 620.9	$ 1,201.5	$ 1,250
Selling, general and administrative expenses	106.7	120	217	232.3
Other operating expense	6.2	34	6.9	55.8
Interest and other income (expense)	0.7	0.4	0.7	0.8
Reclassification out of accumulated other comprehensive income | Benefit Plan Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cost of revenues	10.5	8.8	20.9	18.7
Selling, general and administrative expenses	2.3	3.7	4.4	7.4
Reclassification out of accumulated other comprehensive income | Gains (Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other operating expense	0.8	0.4	1.4	(1.9)
Interest and other income (expense)	$ (0.1)	$ (0.1)	$ (0.2)	$ (0.3)

Accumulated other comprehensi39

Accumulated other comprehensive income (loss) - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance			$ 330.6
Other comprehensive income (loss)	$ 4	$ 15.8	29.2	$ (27.4)
Ending balance	358.1		358.1
Benefit Plan Adjustments
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance			(570.5)
Other comprehensive income (loss) before reclassifications			(1.4)
Amounts reclassified from accumulated other comprehensive loss			16.2
Other comprehensive income (loss)			14.8
Ending balance	(555.7)		(555.7)
Foreign Currency Translation Adjustments
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance			(322.6)
Other comprehensive income (loss) before reclassifications			13.6
Amounts reclassified from accumulated other comprehensive loss			0
Other comprehensive income (loss)	(3.5)	6.5	13.6	(42.4)
Ending balance	(309)		(309)
Unrealized Gains (Losses) on Available-for-Sale Securities
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance			1.1
Other comprehensive income (loss) before reclassifications			0.3
Amounts reclassified from accumulated other comprehensive loss			(0.3)
Other comprehensive income (loss)	(0.2)	(0.1)	0	(0.1)
Ending balance	1.1		1.1
Gains (Losses) on Cash Flow Hedges
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance			0.1
Other comprehensive income (loss) before reclassifications			(1.7)
Amounts reclassified from accumulated other comprehensive loss			1.5
Other comprehensive income (loss)	0	0.4	(0.2)	0.4
Ending balance	(0.1)		(0.1)
Accumulated Other Comprehensive Loss
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Beginning balance			(891.9)
Other comprehensive income (loss) before reclassifications			10.8
Amounts reclassified from accumulated other comprehensive loss			17.4
Other comprehensive income (loss)	3.8	$ 15.3	28.2	$ (26.5)
Ending balance	$ (863.7)		$ (863.7)

Fair value of financial instr40

Fair value of financial instruments (Details)	6 Months Ended
	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)derivative_instrument	Dec. 31, 2015USD ($)
Fixed-Rate Debt | Unsecured notes issued in a private placement
Debt Instrument [Line Items]
Carrying value	$ 85,700,000		$ 92,900,000
Fair Value, Inputs, Level 3 | Fixed-Rate Debt | Unsecured notes issued in a private placement
Debt Instrument [Line Items]
Fair value	90,100,000		$ 95,700,000
Not Designated as Hedging Instrument | Foreign Exchange Contract
Debt Instrument [Line Items]
Notional value	$ 57,000,000
Weighted average maturity (in months)	1 month
Designated as Hedging Instrument | Cross currency swap
Debt Instrument [Line Items]
Notional value	$ 11,100,000
Weighted average maturity (in months)	9 months
Designated as Hedging Instrument | Cross currency swap | Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Derivative asset	$ 4,300,000
Designated as Hedging Instrument | Interest Rate Swap
Debt Instrument [Line Items]
Notional value		$ 40,000,000
Number of interest rate swaps | derivative_instrument		2
Fair value liability interest rate swap	800,000
Prepaid Expenses and Other Current Assets | Designated as Hedging Instrument | Cross currency swap | Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Derivative asset	2,300,000
Other Assets | Designated as Hedging Instrument | Cross currency swap | Fair Value, Inputs, Level 2
Debt Instrument [Line Items]
Derivative asset	$ 2,000,000

Share-based compensation plan41

Share-based compensation plans - Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment expense	$ 2.1	$ 3.3	$ 4.9	$ 8.5
Income tax benefit	(0.7)	(1.1)	(1.7)	(2.9)
Share-based payment expense, net of tax	1.4	2.2	3.2	5.6
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment expense	1	2	2.3	4.5
Market Share Units MSU
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment expense	0	0.3	0.2	1.9
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment expense	0.9	0.9	2	1.9
Deferred Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment expense	0.1	0.1	0.3	0.2
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment expense	$ 0.1	$ 0	$ 0.1	$ 0

Share-based compensation plans-

Share-based compensation plans- Performance stock options (Details) - Performance Shares	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning balance, shares | shares	0
Granted, shares | shares	400,000
Forfeited, shares | shares	0
Exercised, shares | shares	0
Ending balance, shares | shares	400,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Beginning balance (dollars per share) | $ / shares	$ 0
Granted (dollars per share) | $ / shares	5.92
Forfeited (dollars per share) | $ / shares	0
Exercised (dollars per share) | $ / shares	0
Ending balance (dollars per share) | $ / shares	$ 5.92

Share-based compensation plan43

Share-based compensation plans - Stock activity - RSUs, PSUs, MSUs(Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning balance, shares	273,000
Granted, shares	169,700
Forfeited, shares	(15,600)
Vested, shares	(90,500)
Nonvested, ending balance, shares	336,600	273,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested, beginning balance (dollars per share)	$ 26.16
Granted (dollars per share)	28.59
Forfeited (dollars per share)	26.15
Vested (dollars per share)	26.53
Nonvested, ending balance (dollars per share)	$ 27.29	$ 26.16
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Required service period (in years)	2 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning balance, shares	503,400
Granted, shares	315,900
Forfeited, shares	(18,800)
Vested, shares	(162,900)
Nonvested, ending balance, shares	637,600	503,400
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested, beginning balance (dollars per share)	$ 25.93
Granted (dollars per share)	29.06
Forfeited (dollars per share)	26.95
Vested (dollars per share)	23.73
Nonvested, ending balance (dollars per share)	$ 28.01	$ 25.93
Number of shares earned and distributed		277,100,000
Percent of target		171.00%
Percent of target, small award		125.00%
Market Share Units MSU
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning balance, shares	258,800
Granted, shares	0
Forfeited, shares	(1,200)
Vested, shares	(84,300)
Nonvested, ending balance, shares	173,300	258,800
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested, beginning balance (dollars per share)	$ 27.40
Granted (dollars per share)	0
Forfeited (dollars per share)	23.34
Vested (dollars per share)	27.30
Nonvested, ending balance (dollars per share)	$ 27.48	$ 27.40
Number of shares earned and distributed		91,100,000
Percent of target		108.00%

Share-based compensation plan44

Share-based compensation plans - Stock activity - DSUs (Details)	1 Months Ended	6 Months Ended	12 Months Ended
	Jan. 31, 2016director$ / sharesshares	Jun. 30, 2016$ / sharesshares	Dec. 31, 2015$ / sharesshares
Deferred Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)			1 year
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, beginning balance, shares | shares	21,400	21,400
Granted, shares | shares		26,000
Forfeited, shares | shares		0
Vested, shares | shares		(21,400)
Nonvested, ending balance, shares | shares		26,000	21,400
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested, beginning balance (dollars per share) | $ / shares	$ 32.79	$ 32.79
Granted (dollars per share) | $ / shares		29.35
Forfeited (dollars per share) | $ / shares		0
Vested (dollars per share) | $ / shares		31.72
Nonvested, ending balance (dollars per share) | $ / shares		$ 29.35	$ 32.79
Director | Severance Costs | Executive Leadership and Board of Directors Restructuring
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of directors retired | director	2

Shares used to calculate earn45

Shares used to calculate earnings per share (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Basic (shares)	49.9	49.3	49.7	49.2
Effect of dilutive stock options and awards (shares)	0.4	0	0	0
Diluted (shares)	50.3	49.3	49.7	49.2
Antidilutive stock options and awards excluded from denominator (shares)	0.2	1.5	1.3	1.5
Share-based goods and nonemployee services transaction, quantity of securities issued (shares)	0.5	0.6	0.5	0.5

Loss from discontinued operat46

Loss from discontinued operations (Details) - USD ($) $ in Millions	1 Months Ended		3 Months Ended			6 Months Ended
	Nov. 30, 2015	Feb. 28, 2015	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) from operations			$ 0		$ 0	$ 0	$ (2.4)
Loss on sale			0		(0.1)	0	(0.8)
Adjustments to contingencies of former operations			0.1		0	0.1	(0.1)
(Income) loss from discontinued operations before income taxes			0.1		(0.1)	0.1	(3.3)
Provision (benefit) for income taxes			0.1		(0.2)	0.1	(1)
(Income) loss from discontinued operations, net of tax			$ 0		$ 0.1	$ 0	$ (2.3)
Mexican Parcel Services | Pension settlement charges
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) from operations		$ (1)
Russia
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Ownership percent	70.00%
Gain (loss) on disposition				$ (5.9)
Reclassification of foreign currency				$ 5

Supplemental cash flow inform47

Supplemental cash flow information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Interest	$ 9.6	$ 9.5
Income taxes, net	37.8	26.5
Capital lease arrangements	12.7	$ 6.2
Restricted cash	50.7		$ 16.4
Argentine pesos
Schedule of Trading Securities and Other Trading Assets [Line Items]
Cash outflows from purchase of securities	2.1
Cash inflows from sale of securities	2
Short-term Debt
Schedule of Trading Securities and Other Trading Assets [Line Items]
Restricted cash	9.2		3.5
Restricted Cash Held for Customers
Schedule of Trading Securities and Other Trading Assets [Line Items]
Restricted cash	$ 41.5		$ 12.9

Contingent matters - Narrative

Contingent matters - Narrative (Details) $ in Millions	Oct. 22, 2014appeal	Sep. 17, 2014USD ($)	Dec. 06, 2013USD ($)	Oct. 28, 2010USD ($)	Jun. 30, 2016USD ($)
Loss Contingencies [Line Items]
Damages awarded (less than)				$ 1
Litigation settlement amount		$ 2	$ 7
Amount accrued					$ 2
Del Valle Gurria S.C. v. Servicio Pan Americano de Protección, S.A. de C.V
Loss Contingencies [Line Items]
Number of appeals | appeal	2
U.S. | Del Valle Gurria S.C. v. Servicio Pan Americano de Protección, S.A. de C.V
Loss Contingencies [Line Items]
Number of appeals | appeal	1
Mexico | Del Valle Gurria S.C. v. Servicio Pan Americano de Protección, S.A. de C.V
Loss Contingencies [Line Items]
Number of appeals | appeal	1
Maximum
Loss Contingencies [Line Items]
Company best estimate of exposure					$ 10

Reorganization and Restructur49

Reorganization and Restructuring (Details) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 31, 2016USD ($)director	Dec. 31, 2015USD ($)	Dec. 31, 2014employee	Jun. 30, 2016USD ($)employee	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
2015 Reorganization and Restructuring
Restructuring Cost and Reserve [Line Items]
Reorganization and restructuring costs				$ 4.4		$ 11.6
Positions eliminated across the global workforce | employee				1,000
Cumulative pretax charges				$ 16
Restructuring Reserve [Roll Forward]
Restructuring Reserve, beginining balance	$ 6.3			6.3
Expense (benefit)				4.4
Payments and utilization				(7.1)
Foreign currency exchange effects				0
Restructuring Reserve, ending balance		$ 6.3		3.6		6.3
2014 Reorganization and Restructuring
Restructuring Cost and Reserve [Line Items]
Positions eliminated across the global workforce | employee			1,700
Expected cost savings						50
Restructuring Reserve [Roll Forward]
Expense (benefit)					$ 0.3		$ 21.8
Severance Costs | 2015 Reorganization and Restructuring
Restructuring Reserve [Roll Forward]
Restructuring Reserve, beginining balance	$ 6.3			6.3
Expense (benefit)				2.7
Payments and utilization				(6.2)
Foreign currency exchange effects				0.1
Restructuring Reserve, ending balance		6.3		2.9		6.3
Severance Costs | 2014 Reorganization and Restructuring
Restructuring Reserve [Roll Forward]
Cumulative pretax charges		24				24
Severance Costs | Director | Executive Leadership and Board of Directors Restructuring
Restructuring Cost and Reserve [Line Items]
Reorganization and restructuring costs		1.8		3.8
Positions eliminated across the global workforce | director	2
Contract Terminations | 2015 Reorganization and Restructuring
Restructuring Reserve [Roll Forward]
Restructuring Reserve, beginining balance	$ 0			0
Expense (benefit)				0.2
Payments and utilization				(0.2)
Foreign currency exchange effects				0
Restructuring Reserve, ending balance		0		0		0
Lease Terminations | 2015 Reorganization and Restructuring
Restructuring Reserve [Roll Forward]
Restructuring Reserve, beginining balance	$ 0			0
Expense (benefit)				1.5
Payments and utilization				(0.7)
Foreign currency exchange effects				(0.1)
Restructuring Reserve, ending balance		$ 0		0.7		$ 0
Minimum | 2015 Reorganization and Restructuring
Restructuring Cost and Reserve [Line Items]
Expected cost savings				20
Maximum | 2015 Reorganization and Restructuring
Restructuring Cost and Reserve [Line Items]
Expected cost savings				$ 25