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Stock Repurchases (Details Textual) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Oct. 21, 2014
Stockholders' Equity Note [Abstract]          
Authorized amount for share repurchase $ 1,400.0us-gaap_StockRepurchaseProgramAuthorizedAmount1 $ 1,400.0us-gaap_StockRepurchaseProgramAuthorizedAmount1     $ 700.0us-gaap_StockRepurchaseProgramAuthorizedAmount1
Remaining authorized amount for share repurchase 395.9us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1 395.9us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1      
Accelerated share repurchase program announced 450.0lii_Acceleratedsharerepurchaseprogram        
Treasury stock purchases, shares   5.2us-gaap_TreasuryStockSharesAcquired 1.7us-gaap_TreasuryStockSharesAcquired    
Payments for Repurchase of Common Stock   550.3us-gaap_PaymentsForRepurchaseOfCommonStock 125.0us-gaap_PaymentsForRepurchaseOfCommonStock 50.1us-gaap_PaymentsForRepurchaseOfCommonStock  
Payments Related to Tax Withholding for Share-based Compensation   $ 22.4us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation $ 12.0us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation $ 7.8us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation  
Shares Paid for Tax Withholding for Share Based Compensation   0.2us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation 0.2us-gaap_SharesPaidForTaxWithholdingForShareBasedCompensation