XML 44 R32.htm IDEA: XBRL DOCUMENT v3.2.0.727
OTHER (INCOME)/EXPENSES-NET (Tables)
6 Months Ended
Jun. 30, 2015
Other Income and Expenses [Abstract]  
Components of other expenses/(income)-net
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In millions)
 
2015
 
2014
 
2015
 
2014
Accrual related to the China investigation
 
$

 
$

 
$
12.0

 
$

Foreign exchange (gains)/losses - net
 
4.7

 
(4.2
)
 
1.9

 
2.2

Severance and other costs
 
1.1

 
0.2

 
3.7

 
0.2

Gain on sale of investment
 

 

 

 
(4.0
)
Marketable Securities Gain
 
(6.4
)
 

 
(6.4
)
 

Other - net
 
(0.7
)
 
(0.2
)
 
(0.3
)
 
(1.9
)
Other (income)/expenses - net
 
$
(1.3
)
 
$
(4.2
)
 
$
10.9

 
$
(3.5
)

Accrual related to the China investigation for the six months ended June 30, 2015 is described further in Note 20. Commitments and Contingencies.

Foreign exchange (gains)/losses - net for the six months ended June 30, 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 19. Venezuela Currency Matters for additional information.

Marketable Securities Gain for the three and six months ended June 30, 2015 included a $6.4 million gain related to marketable securities. See Note 17. Marketable Securities for additional information.