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Restructuring (Tables)
3 Months Ended
Mar. 31, 2017
Restructuring And Related Activities [Abstract]  
Schedule of Change in Balance Sheet Position of Restructuring Reserves

Three months ended March 31, 2017

The employee-related restructuring provisions and cash payments for the three months ended March 31, 2017 mainly related to headcount reductions in high-cost countries in Europe and Asia. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2016 to March 31, 2017.

 

 

 

December 31,

2016

 

 

Provision/

Charge

 

 

Provision/

Reversal

 

 

Cash

payments

 

 

Translation

difference

 

 

March 31,

2017

 

Restructuring employee-related

 

$

37.1

 

 

$

2.3

 

 

$

(0.1

)

 

$

(9.3

)

 

$

0.6

 

 

$

30.6

 

Other

 

0.4

 

 

0.2

 

 

 

(0.4

)

 

-

 

 

 

-

 

 

 

0.2

 

Total reserve

 

$

37.5

 

 

$

2.5

 

 

$

(0.5

)

 

$

(9.3

)

 

$

0.6

 

 

$

30.8

 

Three months ended March 31, 2016

The employee-related restructuring provisions and cash payments for the three months ended March 31, 2016 mainly related to headcount reductions in high-cost countries in Europe and Asia. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2015 to March 31, 2016.

 

 

 

December 31,

2015

 

 

Provision/

Charge

 

 

Provision/

Reversal

 

 

Cash

payments

 

 

Translation

difference

 

 

March 31,

2016

 

Restructuring employee-related

 

$

87.7

 

 

$

13.5

 

 

$

(0.3

)

 

$

(17.6

)

 

$

3.5

 

 

$

86.8

 

Other

 

 

0.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.2

 

Total reserve

 

$

87.9

 

 

$

13.5

 

 

$

(0.3

)

 

$

(17.6

)

 

$

3.5

 

 

$

87.0