XML 181 R157.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Statements (Details 1) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Condensed Financial Statements, Captions [Line Items]                      
Condensed Income Statement [Table Text Block]                
Condensed Consolidating Statements of Operations and Comprehensive Income
For the Year Ended December 31, 2013
(In millions)
 
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
Net sales
$
—

 
$
2,557.9

 
$
837.0

 
$
(195.8
)
 
$
3,199.1

Cost of goods sold
—

 
1,900.9

 
632.8

 
(195.8
)
 
2,337.9

Gross profit
—

 
657.0

 
204.2

 
—

 
861.2

Operating expenses:
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
—

 
437.1

 
133.0

 
—

 
570.1

Losses and other expenses, net
1.1

 
7.9

 
0.3

 
—

 
9.3

Restructuring charges
—

 
2.9

 
2.1

 
—

 
5.0

Income from equity method investments
(181.7
)
 
(26.4
)
 
(9.7
)
 
205.6

 
(12.2
)
Operational income from continuing operations
180.6

 
235.5

 
78.5

 
(205.6
)
 
289.0

Interest expense, net
14.0

 
(2.1
)
 
2.6

 
—

 
14.5

Other expense, net
—

 
—

 
0.2

 
—

 
0.2

Income from continuing operations before income taxes
166.6

 
237.6

 
75.7

 
(205.6
)
 
274.3

Provision for income taxes
(5.2
)
 
73.7

 
25.9

 
—

 
94.4

Income from continuing operations
171.8

 
163.9

 
49.8

 
(205.6
)
 
179.9

Loss from discontinued operations
—

 
—

 
(8.1
)
 
—

 
(8.1
)
Net income
$
171.8

 
$
163.9

 
$
41.7

 
$
(205.6
)
 
$
171.8

Other comprehensive income (loss)
$
(38.8
)
 
$
36.3

 
$
(6.1
)
 
$
(30.2
)
 
$
(38.8
)
Comprehensive income
$
133.0

 
$
200.2

 
$
35.6

 
$
(235.8
)
 
$
133.0


Condensed Consolidating Statements of Operations and Comprehensive Income
For the Year Ended December 31, 2012
(In millions)
 
 
Parent
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
Net Sales
$
—

 
$
2,327.7

 
$
824.0

 
$
(202.3
)
 
$
2,949.4

Cost of goods sold
0.2

 
1,799.6

 
629.2

 
(201.9
)
 
2,227.1

Gross profit
(0.2
)
 
528.1

 
194.8

 
(0.4
)
 
722.3

Operating expenses:
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
—

 
374.3

 
132.7

 
—

 
507.0

Losses and other expenses, net
(1.7
)
 
1.1

 
3.2

 
(0.1
)
 
2.5

Restructuring charges
—

 
2.8

 
1.4

 
—

 
4.2

Income from equity method investments
(116.3
)
 
(17.0
)
 
(7.8
)
 
130.6

 
(10.5
)
Operational income from continuing operations
117.8

 
166.9

 
65.3

 
(130.9
)
 
219.1

Interest expense, net
16.6

 
(2.4
)
 
2.9

 
—

 
17.1

Other expense, net
—

 
—

 
0.3

 
—

 
0.3

Income from continuing operations before income taxes
101.2

 
169.3

 
62.1

 
(130.9
)
 
201.7

Provision for income taxes
(4.9
)
 
50.5

 
21.2

 
(0.1
)
 
66.7

Income from continuing operations
106.1

 
118.8

 
40.9

 
(130.8
)
 
135.0

Loss from discontinued operations
—

 
(18.5
)
 
(26.5
)
 
—

 
(45.0
)
Net income
$
106.1

 
$
100.3

 
$
14.4

 
$
(130.8
)
 
$
90.0

Other comprehensive income (loss)
$
6.7

 
$
(2.8
)
 
$
5.2

 
$
5.7

 
$
14.8

Comprehensive Income
$
112.8

 
$
97.5

 
$
19.6

 
$
(125.1
)
 
$
104.8



Condensed Consolidating Statements of Operations and Comprehensive Income
For the Year Ended December 31, 2011
(In millions)
 
 
Parent
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
Net Sales
$
—

 
$
2,190.1

 
$
850.1

 
$
(199.3
)
 
$
2,840.9

Cost of goods sold
0.2

 
1,721.0

 
650.6

 
(200.8
)
 
2,171.0

Gross profit
(0.2
)
 
469.1

 
199.5

 
1.5

 
669.9

Operating expenses:
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
—

 
327.0

 
149.9

 
—

 
476.9

Losses and other expenses, net
12.1

 
1.4

 
(7.8
)
 
—

 
5.7

Restructuring charges
—

 
10.8

 
1.7

 
—

 
12.5

Income from equity method investments
(135.3
)
 
(31.2
)
 
(7.1
)
 
164.0

 
(9.6
)
Operational income from continuing operations
123.0

 
161.1

 
62.8

 
(162.5
)
 
184.4

Interest expense, net
16.8

 
(4.0
)
 
4.0

 
—

 
16.8

Other expense, net
—

 
—

 
0.3

 
—

 
0.3

Income from continuing operations before income taxes
106.2

 
165.1

 
58.5

 
(162.5
)
 
167.3

Provision for income taxes
(9.8
)
 
46.0

 
19.1

 
0.5

 
55.8

Income from continuing operations
116.0

 
119.1

 
39.4

 
(163.0
)
 
111.5

Loss from discontinued operations
—

 
(29.8
)
 
6.6

 
—

 
(23.2
)
Net income
$
116.0

 
$
89.3

 
$
46.0

 
$
(163.0
)
 
$
88.3

Other comprehensive loss
$
(16.9
)
 
$
(22.4
)
 
$
(27.3
)
 
$
(0.7
)
 
$
(67.3
)
Comprehensive Income
$
99.1

 
$
66.9

 
$
18.7

 
$
(163.7
)
 
$
21.0


    
Condensed Consolidating Statements of Operations                      
Net sales $ 749.5 $ 868.0 $ 913.1 $ 668.4 $ 684.9 $ 809.7 $ 840.4 $ 614.4 $ 3,199.1 [1] $ 2,949.4 [1] $ 2,840.9 [1]
Cost of goods sold                 2,337.9 2,227.1 2,171.0
Gross profit 207.7 237.4 254.0 162.0 168.4 204.9 208.1 140.9 861.2 722.3 669.9
Operating expenses:                      
Selling, general and administrative expenses                 570.1 507.0 476.9
Other Operating Income (Expense), Net                 9.3 2.5 5.7
Restructuring charges 1.8   2.4           5.0 4.2 12.5
(Income) loss from equity method investments                 (12.2) (10.5) (9.6)
Operational income from continuing operations                 289.0 219.1 184.4
Interest expense, net                 14.5 17.1 16.8
Other expense, net                 0.2 0.3 0.3
Income from continuing operations before income taxes                 274.3 201.7 167.3
Provision for income taxes                 94.4 66.7 55.8
Income from continuing operations                 179.9 135.0 111.5
Loss from discontinued operations                 (8.1) (45.0) (23.2)
Net income 35.2 64.3 64.3 8.0 21.9 29.4 44.7 (6.1) 171.8 90.0 88.3
Other comprehensive income (loss), net of tax                 (38.8) 14.8 (67.3)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 133.0 104.8 21.0
Parent [Member]
                      
Condensed Consolidating Statements of Operations                      
Net sales                 0 0 0
Cost of goods sold                 0 0.2 0.2
Gross profit                 0 (0.2) (0.2)
Operating expenses:                      
Selling, general and administrative expenses                 0 0 0
Other Operating Income (Expense), Net                 (1.1) 1.7 (12.1)
Restructuring charges                 0 0 0
(Income) loss from equity method investments                 (181.7) (116.3) (135.3)
Operational income from continuing operations                 180.6 117.8 123.0
Interest expense, net                 14.0 16.6 16.8
Other expense, net                 0 0 0
Income from continuing operations before income taxes                 166.6 101.2 106.2
Provision for income taxes                 (5.2) (4.9) (9.8)
Income from continuing operations                 171.8 106.1 116.0
Loss from discontinued operations                 0 0 0
Net income                 171.8 106.1 116.0
Other comprehensive income (loss), net of tax                 (38.8) 6.7 (16.9)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 133.0 112.8 99.1
Guarantor Subsidiaries [Member]
                      
Condensed Consolidating Statements of Operations                      
Net sales                 2,557.9 2,327.7 2,190.1
Cost of goods sold                 1,900.9 1,799.6 1,721.0
Gross profit                 657.0 528.1 469.1
Operating expenses:                      
Selling, general and administrative expenses                 437.1 374.3 327.0
Other Operating Income (Expense), Net                 (7.9) (1.1) (1.4)
Restructuring charges                 2.9 2.8 10.8
(Income) loss from equity method investments                 (26.4) (17.0) (31.2)
Operational income from continuing operations                 235.5 166.9 161.1
Interest expense, net                 (2.1) (2.4) (4.0)
Other expense, net                 0 0 0
Income from continuing operations before income taxes                 237.6 169.3 165.1
Provision for income taxes                 73.7 50.5 46.0
Income from continuing operations                 163.9 118.8 119.1
Loss from discontinued operations                 0 (18.5) (29.8)
Net income                 163.9 100.3 89.3
Other comprehensive income (loss), net of tax                 36.3 (2.8) (22.4)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 200.2 97.5 66.9
Non-Guarantor Subsidiaries [Member]
                      
Condensed Consolidating Statements of Operations                      
Net sales                 837.0 824.0 850.1
Cost of goods sold                 632.8 629.2 650.6
Gross profit                 204.2 194.8 199.5
Operating expenses:                      
Selling, general and administrative expenses                 133.0 132.7 149.9
Other Operating Income (Expense), Net                 (0.3) (3.2) 7.8
Restructuring charges                 2.1 1.4 1.7
(Income) loss from equity method investments                 (9.7) (7.8) (7.1)
Operational income from continuing operations                 78.5 65.3 62.8
Interest expense, net                 2.6 2.9 4.0
Other expense, net                 0.2 0.3 0.3
Income from continuing operations before income taxes                 75.7 62.1 58.5
Provision for income taxes                 25.9 21.2 19.1
Income from continuing operations                 49.8 40.9 39.4
Loss from discontinued operations                 (8.1) (26.5) 6.6
Net income                 41.7 14.4 46.0
Other comprehensive income (loss), net of tax                 (6.1) 5.2 (27.3)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 35.6 19.6 18.7
Eliminations [Member]
                      
Condensed Consolidating Statements of Operations                      
Net sales                 (195.8) (202.3) (199.3)
Cost of goods sold                 (195.8) (201.9) (200.8)
Gross profit                 0 (0.4) 1.5
Operating expenses:                      
Selling, general and administrative expenses                 0 0 0
Other Operating Income (Expense), Net                 0 0.1 0
Restructuring charges                 0 0 0
(Income) loss from equity method investments                 205.6 130.6 164.0
Operational income from continuing operations                 (205.6) (130.9) (162.5)
Interest expense, net                 0 0 0
Other expense, net                 0 0 0
Income from continuing operations before income taxes                 (205.6) (130.9) (162.5)
Provision for income taxes                 0 (0.1) 0.5
Income from continuing operations                 (205.6) (130.8) (163.0)
Loss from discontinued operations                 0 0 0
Net income                 (205.6) (130.8) (163.0)
Other comprehensive income (loss), net of tax                 (30.2) 5.7 (0.7)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent                 $ (235.8) $ (125.1) $ (163.7)
[1] On a consolidated basis, no revenue from transactions with a single customer were 10% or greater of our consolidated net sales for any of the periods presented.