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DERIVATIVES AND OTHER FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of outstanding derivatives
 
 
 
 
 
December 31,
(Dollars in millions)
Hedge Designation
 
Balance Sheet Location
 
2016
 
2015
Foreign exchange contracts
Cash Flow
 
Prepaid expenses and other assets
 
$
10.9

 
$
6.4

Interest rate forward swaps
Fair Value
 
Other assets
 
1.1

 
3.9

Foreign exchange contracts
Cash Flow
 
Accrued expenses
 
(0.2
)
 
(0.9
)
Interest rate forward swaps
Fair Value
 
Other liabilities
 
(6.3
)
 
(3.5
)
Commodity contracts
Cash Flow
 
Accrued expenses
 

 
(0.2
)
Net asset/(liability) of derivatives designated as hedging items
 
 
 
$
5.5

 
$
5.7

Schedule Of Outstanding Foreign Exchange Forward Contracts
(Dollars in millions)
 
Weighted-average
Forward Rate
 
Notional
Amount
 
Fair Value
Asset
 
Maturity
Foreign exchange contracts:
 
 
 
 
 
 
 
 
Cash flow hedges:
 
 
 
 
 
 
 
 
Canadian dollar
 
1.31
 
$
64.2

 
$
1.4

 
2017
Mexican peso
 
19.40
 
61.4

 
5.2

 
2017
Malaysian ringgit
 
4.16
 
29.5

 
2.4

 
2017
Philippine peso
 
48.52
 
47.0

 
1.7

 
2017
Total foreign exchange contracts
 
 
 
$
202.1

 
$
10.7

 
 
Schedule of change in accumulated other comprehensive income (loss) and the impact on earnings from foreign exchange contracts
(Dollars in millions)
2016
 
2015
Balance—January 1
$
10.1

 
$
10.4

Derivatives qualifying as cash flow hedges deferred in other comprehensive income
7.6

 
21.4

Derivatives qualifying as cash flow hedges reclassified to cost of products sold
(6.9
)
 
(23.8
)
Change in deferred taxes
(0.7
)
 
2.1

Balance—December 31
$
10.1

 
$
10.1

Schedule of Derivative Liabilities at Fair Value [Table Text Block]
 
 
 
 
 
 
 
 
Fair Value Asset/(Liability)
(Dollars in millions)
 
Notional Amount of Underlying
 
Fixed Rate Received
 
Variable Rate Paid
(U.S. 3 Month LIBOR +)
 
December 31, 2016
 
December 31, 2015
Swaps associated with the 2019 Notes
 
$
700.0

 
4.9
%
 
3.14
%
 
$
1.1

 
$
3.9

Swaps associated with the 2020 Notes
 
$
750.0

 
3.0
%
 
1.38
%
 
$
(6.3
)
 
$
(3.5
)

See “—Note 15. Debt” for additional information regarding the Company’s debt.