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OTHER EXPENSES-NET (Tables)
 3 Months Ended
Mar. 31, 2015
Other Income and Expenses [Abstract]  
Components of other expenses/(income)-net
 
 
Three Months Ended March 31,
(In millions)
 
2015
 
2014
Accrual related to the China investigation
 
$
12.0

 
$
—

Foreign exchange (gains)/losses - net
 
(2.8
)
 
6.4

Severance and other costs
 
2.6

 
—

Gain on sale of investment
 
—

 
(4.0
)
Other - net
 
0.4

 
(1.7
)
Other expenses - net
 
$
12.2

 
$
0.7


See Note 19. Contingencies for further discussion of the accrual related to the China investigation.

Foreign exchange (gains)/losses - net for the three months ended March 31, 2015 and 2014 included a gain of $1.8 million and $2.1 million, respectively, as a result of the Company’s exchange of Bolivares Fuertes for U.S. dollars through a Venezuelan government exchange at a rate more favorable than the rate used to remeasure net monetary assets of its Venezuelan subsidiary. In addition, foreign exchange (gains)/losses - net for the three months ended March 31, 2014 included a $6.1 million loss related to the Company’s February 2014 adoption of a new exchange rate for purposes of remeasuring the monetary assets and liabilities of its Venezuelan subsidiary. See Note 18. Venezuela Currency Matters for additional information.