Basis of Presentation and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Allowance for Doubtful Accounts Rollforward

The rollforward of the allowance for doubtful accounts is as follows:

	Year Ended December 31,
(Dollars in millions)	2015			2014			2013
Beginning balance	$	9.8		$	3.5		$	0.6
Provision, charged to expense	12.9			6.9			2.6
Write-offs, less recoveries, and other adjustments	(5.8		)	(0.6		)	0.3
Ending balance	$	16.9		$	9.8		$	3.5

Schedule of Other Current Assets

The following table outlines the Company’s other current assets:

	December 31,
(Dollars in millions)	2015		2014
Prepaid expenses	$	142.3	$	13.2
Value-added tax and income tax receivables	115.8		15.4
Miscellaneous receivables	50.5		5.4
Inventory	48.9		1.3
Other current assets	43.5		0.7
Total Other Current Assets	$	401.0	$	36.0

Estimated Useful Lives of Assets

Depreciation is computed on a straight-line basis over the estimated useful lives of the assets as follows:

Classification	Estimated Useful Life
Buildings and leasehold improvements	Term of lease to 40 years
Vehicles, tractors, trailers and tankers	3 to 14 years
Rail cars, container and chassis	15 to 30 years
Machinery and equipment	5 to 10 years
Office and warehouse equipment	3 to 10 years
Computer software and equipment	3 to 5 years

Schedule of Estimated Useful Lives of Intangible Assets

The range of estimated useful lives and the weighted-average useful lives of the respective intangible assets by type are as follows:

Classification	Estimated Useful Life	Weighted-Average Amortization Period
Customer relationships	3 to 14 years	12.35 years
Carrier relationships	2 years	2.00 years
Trade names	1.2 to 3.5 years	2.86 years
Non-compete agreements	Term of agreement	4.18 years
Other intangible assets	1.5 to 5 years	4.24 years

Schedule of Accrued Expenses

The following table outlines the Company’s accrued expenses, other:

	December 31,
(Dollars in millions)	2015		2014
Accrued salaries and wages	$	558.6	$	50.1
Accrued value-added tax and other taxes	153.3		1.3
Accrued transportation and facility charges	156.1		4.9
Accrued insurance claims	95.3		5.8
Accrued estimated litigation liabilities	66.1		11.5
Accrued purchased services	61.7		18.9
Accrued interest	56.8		15.1
Accrued restricted stock cash settlements	19.3		—
Other accrued expenses	124.6		12.3
Total Accrued Expenses	$	1,291.8	$	119.9

Other Current Liabilities

The following table outlines the Company’s other current liabilities:

	December 31,
(Dollars in millions)	2015		2014
Deferred revenue	$	62.4	$	0.5
Employee benefits	38.7		—
Bank overdrafts	29.5		—
Acquisition earn-out liability	21.8		—
Current portion of interest rate swap liability	5.2		—
Other current liabilities	46.0		6.2
Total Other Current Liabilities	$	203.6	$	6.7

Summary of Carrying value and valuation of financial instruments within the fair-value hierarchy

The following table summarizes the carrying value and valuation of financial instruments within the fair value hierarchy:

	December 31, 2015
(Dollars in millions)	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial Assets:
Cash equivalents	$	83.2	$	83.2	$	9.1	$	74.1	$	—
Financial Liabilities:
Senior Notes due 2022	$	1,577.0	$	1,479.8	$	1,479.8	$	—	$	—
Senior Notes due 2021	536.6		507.5		—		507.5		—
Senior Notes due 2019	900.4		920.3		920.3		—		—
Senior Notes due 2018	268.2		271.0		—		271.0		—
Term loan facility	1,540.3		1,590.0		—		1,590.0		—
Senior Debentures due 2034	199.0		201.0		—		201.0		—
Convertible senior notes	46.8		89.1		89.1		—		—
Euro private placement notes due 2020	14.5		13.9		—		13.9		—
Derivative instruments	8.8		8.8		—		8.8		—
	December 31, 2014
(Dollars in millions)	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Financial Assets:
Cash equivalents	$	330.8	$	330.8	$	330.8	$	—	$	—
Financial Liabilities:
Senior Notes due 2019	$	490.2	$	527.5	$	527.5	$	—	$	—
Convertible senior notes	89.9		271.3		271.3		—		—