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Chapter 11 Information (Tables)
 12 Months Ended
Dec. 31, 2013
Reorganizations [Abstract]  
Schedule of Components of Liabilities Subject to Compromise
Components of liabilities subject to compromise are as follows:
(In millions)
December 31, 2013
 
December 31, 2012
 
Filing Date
(Unaudited)
Asbestos-related contingencies
$
2,092.4

 
$
2,065.0

 
$
1,002.8

Pre-petition bank debt plus accrued interest
1,100.0

 
937.2

 
511.5

Environmental contingencies
134.5

 
140.5

 
164.8

Unfunded special pension arrangements
129.4

 
137.1

 
70.8

Income tax contingencies
76.6

 
87.6

 
242.1

Postretirement benefits other than pension
57.2

 
63.9

 
185.4

Drawn letters of credit plus accrued interest
37.8

 
36.1

 
—

Accounts payable
34.3

 
31.3

 
43.0

Retained obligations of divested businesses
29.9

 
29.0

 
43.5

Other accrued liabilities
94.3

 
102.3

 
102.1

Reclassification to current liabilities(1)
(10.3
)
 
(10.1
)
 
—

Total Liabilities Subject to Compromise
$
3,776.1

 
$
3,619.9

 
$
2,366.0

_______________________________________________________________________________
(1)
As of December 31, 2013 and 2012, approximately $10.3 million and $10.1 million, respectively, of certain pension and postretirement benefit obligations subject to compromise have been presented in "other current liabilities" in the Consolidated Balance Sheets in accordance with ASC 715 "Compensation—Retirement Benefits".
Schedule of Changes in Liabilities Subject to Compromise
The following table is a reconciliation of the changes in pre-filing date liability balances for the period from the Filing Date through December 31, 2013.
(In millions) (Unaudited)
Cumulative
Since Filing
Balance, Filing Date April 2, 2001
$
2,366.0

Cash disbursements and/or reclassifications under Bankruptcy Court orders:
 
Payment of environmental settlement liability
(252.0
)
Freight and distribution order
(5.7
)
Trade accounts payable order
(9.1
)
Resolution of contingencies subject to Chapter 11
(130.0
)
Other court orders for payments of certain operating expenses
(374.9
)
Expense (income) items:
 
Interest on pre-petition liabilities
682.5

Employee-related accruals
127.6

Provision for asbestos-related contingencies
1,137.2

Provision for environmental contingencies
362.0

Release of income tax contingencies
(91.5
)
Balance sheet reclassifications
(36.0
)
Balance, end of period
$
3,776.1
Schedule of Chapter 11 Expenses
Chapter 11 Expenses
 
Year Ended December 31,
(In millions)
2013
 
2012
 
2011
Legal and financial advisory fees
$
17.1

 
$
17.4

 
$
20.6

Interest (income) expense
(1.8
)
 
(0.8
)
 
(0.6
)
Chapter 11 expenses, net of interest income
$
15.3

 
$
16.6

 
$
20.0
Schedule of Condensed Statements of Operations of Debtors
W. R. Grace & Co.—Chapter 11 Filing Entities
Debtor-in-Possession Statements of Operations
 
Year Ended December 31,
(In millions) (Unaudited)
2013
 
2012
 
2011
Net sales, including intercompany
$
1,425.4

 
$
1,512.6

 
$
1,479.4

Cost of goods sold, including intercompany, exclusive of depreciation and amortization shown separately below
882.2

 
951.3

 
919.1

Selling, general and administrative expenses
178.1

 
274.9

 
334.5

Depreciation and amortization
69.1

 
67.3

 
68.3

Chapter 11 expenses, net of interest income
15.3

 
16.6

 
20.0

Default interest settlement
129.0

 
—

 
—

Asbestos and bankruptcy-related charges, net
21.9

 
384.6

 
—

Research and development expenses
37.8

 
35.9

 
39.7

Interest expense and related financing costs
37.7

 
41.5

 
40.0

Other income, net
(75.7
)
 
(93.2
)
 
(75.3
)
 
1,295.4

 
1,678.9

 
1,346.3

Income (loss) before income taxes and equity in net income of non-filing entities
130.0

 
(166.3
)
 
133.1

Benefit from (provision for) income taxes
(53.2
)
 
48.4

 
(50.8
)
Income (loss) before equity in net income of non-filing entities
76.8

 
(117.9
)
 
82.3

Equity in net income of non-filing entities
179.3

 
157.9

 
137.4

Net income attributable to W. R. Grace & Co. shareholders
$
256.1

 
$
40.0

 
$
219.7
Schedule of Condensed Statements of Cash Flows of Debtors
W. R. Grace & Co.—Chapter 11 Filing Entities
Debtor-in-Possession Statements of Cash Flows
 
Year Ended December 31,
(In millions) (Unaudited)
2013
 
2012
 
2011
Operating Activities
 
 
 
 
 
Net income attributable to W. R. Grace & Co. shareholders
$
256.1

 
$
40.0

 
$
219.7

Reconciliation to net cash provided by operating activities:
 
 
 
 
 
Depreciation and amortization
69.1

 
67.3

 
68.3

Asbestos and bankruptcy-related charges, net
21.9

 
384.6

 
—

Default interest settlement
129.0

 
—

 
—

Equity in net income of non-filing entities
(179.3
)
 
(157.9
)
 
(137.4
)
Provision for (benefit from) income taxes
53.2

 
(48.4
)
 
50.8

Income taxes (paid), net of refunds
13.5

 
(33.9
)
 
(13.2
)
Tax benefits from stock-based compensation
35.4

 
(36.8
)
 
—

Defined benefit pension (income) expense
(51.8
)
 
82.0

 
111.6

Payments under defined benefit pension arrangements
(55.6
)
 
(114.9
)
 
(251.4
)
Repatriation of cash from foreign entities
29.7

 
21.6

 
30.3

Changes in assets and liabilities, excluding the effect of foreign currency translation and business acquired:
 
 
 
 
 
Trade accounts receivable
(6.2
)
 
(7.1
)
 
(26.2
)
Inventories
(23.0
)
 
66.7

 
(66.4
)
Accounts payable
21.9

 
(15.1
)
 
37.5

All other items, net
31.1

 
75.9

 
13.4

Net cash provided by operating activities
345.0

 
324.0

 
37.0

Investing Activities
 
 
 
 
 
Capital expenditures
(94.1
)
 
(82.6
)
 
(77.7
)
Business acquired, net of cash acquired
(510.4
)
 
—

 
—

Transfer to restricted cash and cash equivalents
(222.2
)
 
(35.4
)
 
(8.4
)
Other
—

 
—

 
10.0

Net cash used for investing activities
(826.7
)
 
(118.0
)
 
(76.1
)
Borrowings under credit arrangements
0.3

 
—

 
—

Repayments under credit arrangements
(0.8
)
 
(0.6
)
 
—

Proceeds from exercise of stock options
34.4

 
32.2

 
12.1

Excess tax benefits from stock-based compensation
(35.4
)
 
36.8

 
—

Other financing activities
4.1

 
1.2

 
28.4

Net cash provided by financing activities
2.6

 
69.6

 
40.5

Net (decrease) increase in cash and cash equivalents
(479.1
)
 
275.6

 
1.4

Cash and cash equivalents, beginning of period
1,064.2

 
788.6

 
787.2

Cash and cash equivalents, end of period
$
585.1

 
$
1,064.2

 
$
788.6
Schedule of Condensed Balance Sheets Of Debtors
W. R. Grace & Co.—Chapter 11 Filing Entities
Debtor-in-Possession Balance Sheets
 
December 31,
 (In millions) (Unaudited)
2013
 
2012
ASSETS
 
 
 
Current Assets
 
 
 
Cash and cash equivalents
$
585.1

 
$
1,064.2

Restricted cash and cash equivalents
340.5

 
118.3

Trade accounts receivable, net
138.8

 
132.6

Accounts receivable—unconsolidated affiliate
10.9

 
14.1

Receivables from non-filing entities, net
173.0

 
160.5

Inventories
138.9

 
115.9

Other current assets
69.3

 
58.5

Total Current Assets
1,456.5

 
1,664.1

Properties and equipment, net
484.5

 
433.5

Goodwill
279.9

 
26.8

Technology and other intangible assets, net
249.1

 
9.6

Deferred income taxes
817.3

 
933.3

Asbestos-related insurance
500.0

 
500.0

Loans receivable from non-filing entities, net
283.8

 
282.1

Investment in non-filing entities
531.3

 
442.3

Investment in unconsolidated affiliate
96.2

 
85.5

Other assets
16.5

 
10.8

Total Assets
$
4,715.1

 
$
4,388.0

LIABILITIES AND EQUITY
 
 
 
Liabilities Not Subject to Compromise
 
 
 
Current liabilities (including $17.5 due to unconsolidated affiliate) (2012—$6.0)
$
247.4

 
$
244.7

Underfunded defined benefit pension plans
52.2

 
156.9

Other liabilities (including $24.3 due to unconsolidated affiliate) (2012—$22.4)
78.7

 
56.5

Total Liabilities Not Subject to Compromise
378.3

 
458.1

Liabilities Subject to Compromise
3,776.1

 
3,619.9

Total Liabilities
4,154.4

 
4,078.0

Total W. R. Grace & Co. Shareholders' Equity
560.6

 
309.9

Noncontrolling interests in Chapter 11 filing entities
0.1

 
0.1

Total Equity
560.7

 
310.0

Total Liabilities and Equity
$
4,715.1

 
$
4,388.0