XML 44 R72.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidating Financial Statements (Details 1) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidating Statements of Operations        
Net sales $ 955.0 $ 898.4 $ 2,633.3 $ 2,554.6
Cost of goods sold 681.6 651.3 1,913.5 1,876.7
Gross profit 273.4 247.1 719.8 677.9
Operating Expenses:        
Selling, general and administrative expenses 143.8 140.9 430.0 425.5
Losses (gains) and other expenses, net 6.0 2.1 14.9 3.5
Restructuring charges (0.4) 1.0 1.8 1.3
Income from equity method investments (3.0) (3.5) (11.8) (12.0)
Operational income from continuing operations 127.0 106.6 284.9 259.6
Interest expense, net 5.7 4.0 17.9 11.0
Other expense (income), net (0.7) 0.0 (0.7) 0.0
Income from continuing operations before income taxes 122.0 102.6 267.7 248.6
Provision for income taxes 41.7 35.1 91.9 86.6
Income from continuing operations 80.3 67.5 175.8 162.0
Net loss from discontinued operations 0.0 0.1 0.5 0.8
Net income 80.3 67.4 175.3 161.2
Other comprehensive (loss) income (30.9) (26.0) (56.3) (15.8)
Comprehensive income 49.4 41.4 119.0 145.4
Parent [Member]        
Condensed Consolidating Statements of Operations        
Net sales 0.0 0.0 0.0 0.0
Cost of goods sold 0.0 0.0 0.0 0.0
Gross profit 0.0 0.0 0.0 0.0
Operating Expenses:        
Selling, general and administrative expenses 0.0 0.0 0.0 0.0
Losses (gains) and other expenses, net 0.6 (0.1) 1.1 (0.3)
Restructuring charges 0.0 0.0 0.0 0.0
Income from equity method investments (84.2) (69.7) (187.2) (167.6)
Operational income from continuing operations 83.6 69.8 186.1 167.9
Interest expense, net 5.4 3.6 17.1 10.1
Other expense (income), net 0.0 0.0 0.0 0.0
Income from continuing operations before income taxes 78.2 66.2 169.0 157.8
Provision for income taxes (2.1) (1.2) (6.3) (3.4)
Income from continuing operations 80.3 67.4 175.3 161.2
Net loss from discontinued operations 0.0 0.0 0.0 0.0
Net income 80.3 67.4 175.3 161.2
Other comprehensive (loss) income (4.3) (1.1) (2.9) (1.1)
Comprehensive income 76.0 66.3 172.4 160.1
Guarantor Subsidiaries [Member]        
Condensed Consolidating Statements of Operations        
Net sales 827.9 736.2 2,268.6 2,089.0
Cost of goods sold 589.9 538.8 1,650.7 1,555.1
Gross profit 238.0 197.4 617.9 533.9
Operating Expenses:        
Selling, general and administrative expenses 124.0 127.4 362.0 362.9
Losses (gains) and other expenses, net 2.7 1.2 7.7 2.3
Restructuring charges (0.2) (0.1) (0.5) 0.0
Income from equity method investments (2.7) (6.4) (0.3) (21.0)
Operational income from continuing operations 114.2 75.3 249.0 189.7
Interest expense, net (0.4) (0.7) (1.5) (2.2)
Other expense (income), net 0.0 0.0 0.0 0.0
Income from continuing operations before income taxes 114.6 76.0 250.5 191.9
Provision for income taxes 39.0 24.1 87.2 60.0
Income from continuing operations 75.6 51.9 163.3 131.9
Net loss from discontinued operations 0.0 0.0 0.0 0.0
Net income 75.6 51.9 163.3 131.9
Other comprehensive (loss) income (8.6) (6.7) (13.8) (1.8)
Comprehensive income 67.0 45.2 149.5 130.1
Non-Guarantor Subsidiaries [Member]        
Condensed Consolidating Statements of Operations        
Net sales 185.2 213.5 520.7 606.5
Cost of goods sold 150.2 164.5 418.2 460.9
Gross profit 35.0 49.0 102.5 145.6
Operating Expenses:        
Selling, general and administrative expenses 19.8 13.5 68.0 62.6
Losses (gains) and other expenses, net 2.7 1.0 6.2 1.5
Restructuring charges (0.2) 1.1 2.3 1.3
Income from equity method investments (2.1) (2.7) (9.3) (9.8)
Operational income from continuing operations 14.8 36.1 35.3 90.0
Interest expense, net 0.7 1.1 2.3 3.1
Other expense (income), net (0.7) 0.0 (0.7) 0.0
Income from continuing operations before income taxes 14.8 35.0 33.7 86.9
Provision for income taxes 4.6 11.9 11.2 30.5
Income from continuing operations 10.2 23.1 22.5 56.4
Net loss from discontinued operations 0.0 0.1 0.5 0.8
Net income 10.2 23.0 22.0 55.6
Other comprehensive (loss) income (16.2) (17.2) (36.4) (11.8)
Comprehensive income (6.0) 5.8 (14.4) 43.8
Eliminations [Member]        
Condensed Consolidating Statements of Operations        
Net sales (58.1) (51.3) (156.0) (140.9)
Cost of goods sold (58.5) (52.0) (155.4) (139.3)
Gross profit 0.4 0.7 (0.6) (1.6)
Operating Expenses:        
Selling, general and administrative expenses 0.0 0.0 0.0 $ 0.0
Losses (gains) and other expenses, net 0.0 0.0 (0.1)
Restructuring charges 0.0 0.0 0.0 $ 0.0
Income from equity method investments 86.0 75.3 185.0 186.4
Operational income from continuing operations (85.6) (74.6) (185.5) (188.0)
Interest expense, net 0.0 0.0 0.0 0.0
Other expense (income), net 0.0 0.0 0.0 0.0
Income from continuing operations before income taxes (85.6) (74.6) (185.5) (188.0)
Provision for income taxes 0.2 0.3 (0.2) (0.5)
Income from continuing operations $ (85.8) (74.9) (185.3) (187.5)
Net loss from discontinued operations 0.0 0.0 0.0
Net income $ (85.8) (74.9) (185.3) (187.5)
Other comprehensive (loss) income (1.8) (1.0) (3.2) (1.1)
Comprehensive income $ (87.6) $ (75.9) $ (188.5) $ (188.6)