XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
Other Expense (Tables)
6 Months Ended
Jun. 30, 2017
Other Income and Expenses [Abstract]  
Schedule of Other Expense
Other expense consists of:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
($ in millions)
2017
 
2016
 
2017
 
2016
Restructuring and related charges:
 
 
 
 
 
 
 
Severance and post-employment benefits
$

 
$
(1.5
)
 
$

 
$
6.4

Asset-related charges

 

 

 
15.0

Total restructuring and related charges

 
(1.5
)
 

 
21.4

Venezuela currency devaluation

 

 

 
2.7

Venezuela deconsolidation
11.1

 

 
11.1

 

Development income
(0.4
)
 
(0.4
)
 
(0.8
)
 
(0.8
)
Contingent consideration costs
0.4

 
1.7

 
0.7

 
1.9

Other items
0.6

 
1.0

 
1.6

 
1.4

Total other expense
$
11.7

 
$
0.8

 
$
12.6

 
$
26.6

Schedule of Restructuring Reserve
The following table presents activity related to our restructuring obligations:
($ in millions)
Severance
and benefits
 
Asset-related charges
 
Other charges
 
Total
Balance, December 31, 2015
$

 
$

 
$

 
$

Charges
8.9

 
17.3

 
0.2

 
26.4

Cash payments
(3.0
)
 

 

 
(3.0
)
Non-cash asset write-downs

 
(17.3
)
 
(0.2
)
 
(17.5
)
Balance, December 31, 2016
5.9

 

 

 
5.9

Cash payments
(1.7
)
 

 

 
(1.7
)
Balance, June 30, 2017
$
4.2

 
$

 
$

 
$
4.2