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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 238.6us-gaap_CashAndCashEquivalentsAtCarryingValue $ 365.2us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, net 396.8us-gaap_AccountsReceivableNetCurrent 428.0us-gaap_AccountsReceivableNetCurrent
Inventories, net 309.0us-gaap_InventoryNet 342.5us-gaap_InventoryNet
Other current assets 98.3us-gaap_OtherAssetsCurrent 117.9us-gaap_OtherAssetsCurrent
Total current assets 1,042.7us-gaap_AssetsCurrent 1,253.6us-gaap_AssetsCurrent
Property, net 596.7us-gaap_PropertyPlantAndEquipmentNet 646.2us-gaap_PropertyPlantAndEquipmentNet
Goodwill 590.6us-gaap_Goodwill 559.0us-gaap_Goodwill
Intangible assets, net 362.7us-gaap_IntangibleAssetsNetExcludingGoodwill 365.8us-gaap_IntangibleAssetsNetExcludingGoodwill
Other non-current assets 118.5us-gaap_OtherAssetsNoncurrent 119.5us-gaap_OtherAssetsNoncurrent
Total assets 2,711.2us-gaap_Assets 2,944.1us-gaap_Assets
Current liabilities:    
Short-term and current portion of long-term debt 61.8us-gaap_LongTermDebtCurrent 12.7us-gaap_LongTermDebtCurrent
Accounts payable 365.9us-gaap_AccountsPayableCurrent 386.9us-gaap_AccountsPayableCurrent
Accrued expenses and other liabilities 173.5us-gaap_AccruedLiabilitiesCurrent 209.3us-gaap_AccruedLiabilitiesCurrent
Total current liabilities 601.2us-gaap_LiabilitiesCurrent 608.9us-gaap_LiabilitiesCurrent
Long-term debt 962.0us-gaap_LongTermDebtNoncurrent 976.2us-gaap_LongTermDebtNoncurrent
Pension and other post-retirement benefits 103.7us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent 77.3us-gaap_OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
Deferred income taxes 88.8us-gaap_DeferredTaxLiabilitiesNoncurrent 133.8us-gaap_DeferredTaxLiabilitiesNoncurrent
Other non-current liabilities 178.3us-gaap_OtherLiabilitiesNoncurrent 169.4us-gaap_OtherLiabilitiesNoncurrent
Total non-current liabilities 1,332.8us-gaap_LiabilitiesNoncurrent 1,356.7us-gaap_LiabilitiesNoncurrent
SHAREHOLDERS' EQUITY    
Preferred stock, 40.0 shares authorized, no shares issued 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common Shares, $0.01 par, 400.0 shares authorized, 122.2 shares issued 1.2us-gaap_CommonStockValue 1.2us-gaap_CommonStockValue
Additional paid-in capital 1,155.4us-gaap_AdditionalPaidInCapital 1,149.8us-gaap_AdditionalPaidInCapital
Retained earnings 259.7us-gaap_RetainedEarningsAccumulatedDeficit 211.6us-gaap_RetainedEarningsAccumulatedDeficit
Common shares held in treasury, at cost, 32.9 shares in 2014 and 27.1 shares in 2013 (597.7)us-gaap_TreasuryStockValue (371.0)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss (42.3)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (14.8)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total PolyOne shareholders' equity 776.3us-gaap_StockholdersEquity 976.8us-gaap_StockholdersEquity
Noncontrolling interest 0.9us-gaap_MinorityInterest 1.7us-gaap_MinorityInterest
Total equity 777.2us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 978.5us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 2,711.2us-gaap_LiabilitiesAndStockholdersEquity $ 2,944.1us-gaap_LiabilitiesAndStockholdersEquity