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EQUITY (Tables)
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of changes in common shares and treasury stock
(In millions)
Common Shares
Issued
 
Treasury Stock
 
Treasury Stock -
at Cost
Balance as of January 1, 2014
206.8

 
4.8

 
$
351.9

  Stock-based Compensation
1.0

 
0.1

 
7.9

  Repurchase of Common Stock
—

 
0.6

 
52.9

  Retirement of Treasury Stock
(0.6
)
 
(0.6
)
 
(50.1
)
Balance as of December 31, 2014
207.2

 
4.9

 
362.6

 
 
 
 
 
 
  Stock-based Compensation
0.5

 
—

 
—

  Repurchase of Common Stock
—

 
5.6

 
437.0

  Retirement of Treasury Stock
(5.6
)
 
(5.6
)
 
(437.0
)
  Accelerated Share Repurchase
(10.7
)
 
—

 
—

Balance as of December 31, 2015
191.4

 
4.9

 
362.6

 
 
 
 
 
 
  Stock-based Compensation
0.4

 
—

 
—

  Repurchase and Retirement of Common Stock
(1.4
)
 
—

 
—

  Accelerated Share Repurchase
(2.1
)
 
—

 
—

Balance as of December 31, 2016
188.3

 
4.9

 
$
362.6
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
hanges in accumulated other comprehensive loss by component were as follows:
(Dollars in millions)
 
Foreign Currency Translation Adjustments
 
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges
 
Pension and Other Post-employment Benefits
 
Total
 
Noncontrolling Interest
 
Redeemable Noncontrolling Interest
 
Balance as of January 1, 2016
 
$
(329.8
)
 
$
(17.2
)
 
$
(0.8
)
 
$
(347.8
)
 
$
(12.7
)
 
$
—

 
  Deferred Gains/(Losses)
 
(68.1
)
 
7.7

 
—

 
(60.4
)
 
(1.5
)
(1
)
—

 
  Reclassification Adjustment for (Gains)/
Losses Included in Net Earnings
 
—

 
(4.6
)
 
—

 
(4.6
)
 
—

 
—

 
  Tax Benefit/(Expense)
 
2.9

 
(1.5
)
 
—

 
1.4

 
1.0

 
—

 
Balance as of December 31, 2016
 
$
(395.0
)
 
$
(15.6
)
 
$
(0.8
)
 
$
(411.4
)
 
$
(13.2
)
 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2015
 
$
(180.4
)
 
$
(17.8
)
 
$
(0.7
)
 
$
(198.9
)
 
$
1.9

 
$
(21.6
)
 
  Deferred Gains/(Losses)
 
(138.9
)
 
19.7

 
(0.2
)
 
(119.4
)
 
(3.2
)
 
(1.3
)
(1
)
  Reclassification Adjustment for (Gains)/
  Losses Included in Net Earnings
 
—

 
(20.6
)
 
0.1

 
(20.5
)
 
—

 
—

 
  Tax Benefit/(Expense)
 
1.0

 
1.5

 
—

 
2.5

 
—

 
—

 
  Acquisition of Noncontrolling Interest
 
(11.5
)
 
—

 
—

 
(11.5
)
 
(11.4
)
 
22.9

 
Balance as of December 31, 2015
 
$
(329.8
)
 
$
(17.2
)
 
$
(0.8
)
 
$
(347.8
)
 
$
(12.7
)
 
$
—

 
(1) Represents foreign currency translation adjustments.
    
Schedule of reclassification adjustments out of AOCI [Table Text Block]
Reclassification adjustments out of accumulated other comprehensive loss were as follows:
 
 
Years Ended December 31,
 
 
Affected Statement of Earnings Lines
 
 
 
 
(Dollars in millions)
 
Cost of Products Sold
 
Selling, General and Administrative
 
Tax Benefit/(Expense)
 
Net
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Deferred Gains/(Losses) on Derivatives Qualifying as Hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Forward Exchange Contracts
 
$
6.9

 
$
23.8

 
$
—

 
$
—

 
$
(0.3
)
 
$
(5.4
)
 
$
6.6

 
$
18.4

  Commodity Contracts
 
(0.9
)
 
(1.8
)
 
—

 
—

 
0.4

 
0.7

 
(0.5
)
 
(1.1
)
  Interest Rate Forward Swap
 
(1.4
)
 
(1.4
)
 
—

 
—

 
0.5

 
0.5

 
(0.9
)
 
(0.9
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and Other Post-employment Benefit Plans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Prior Service Benefits
 
—

 
—

 
—

 
0.1

 
—

 
—

 
—

 
0.1

Total Reclassifications
 
$
4.6

 
$
20.6

 
$
—

 
$
0.1

 
$
0.6

 
$
(4.2
)
 
$
5.2

 
$
16.5