XML 80 R56.htm IDEA: XBRL DOCUMENT v3.3.1.900
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative [Line Items]  
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following table sets forth the locations and amounts recognized during the Successor years ended December 31, 2015, 2014, and 2013 respectively, for these cash flow hedges.
Derivatives in Cash Flow Hedging Relationships in 2015:
Amount of
(Gain) Loss
Recognized
in OCI on
Derivatives
(Effective
Portion)
Location of (Gain) Loss Reclassified from 
Accumulated OCI into Income (Effective Portion)
Amount of
(Gain) Loss
Reclassified
from
Accumulated
OCI to
Income
(Effective
Portion)
Location of 
(Gain) Loss 
Recognized in Income on 
Derivatives (Ineffective Portion)
Amount of
(Gain) Loss
Recognized
in Income on
Derivatives
(Ineffective
Portion)
Interest rate contracts
$
5.5

Interest expense, net
$
6.5

Interest expense, net
$
0.4

Derivatives in Cash Flow Hedging Relationships in 2014:
Amount of
(Gain) Loss
Recognized
in OCI on
Derivatives
(Effective
Portion)
Location of (Gain) Loss Reclassified from 
Accumulated OCI into Income (Effective Portion)
Amount of
(Gain) Loss
Reclassified
from
Accumulated
OCI to
Income
(Effective
Portion)
Location of 
(Gain) Loss 
Recognized in Income on 
Derivatives (Ineffective Portion)
Amount of
(Gain) Loss
Recognized
in Income on
Derivatives
(Ineffective
Portion)
Interest rate contracts
$
4.6

Interest expense, net
$
6.5

Interest expense, net
$
0.3


Derivatives in Cash Flow Hedging
Relationships in 2013:
Amount of
(Gain) Loss
Recognized
in OCI on
Derivatives
(Effective
Portion)
Location of (Gain) Loss Reclassified from 
Accumulated OCI into Income (Effective Portion)
Amount of
(Gain) Loss
Reclassified
from
Accumulated
OCI to
Income
(Effective
Portion)
Location of 
(Gains) Losses 
Recognized in Income on 
Derivatives (Ineffective Portion)
Amount of
(Gain) Loss
Recognized
in Income on
Derivatives
(Ineffective
Portion)
Interest rate contracts
$
(5.0
)
Interest expense, net
$
4.4

Interest expense, net
$
(4.3
)
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location
Fair value gains and losses of derivative contracts, as determined using Level 2 inputs, that do not qualify for hedge accounting treatment are recorded in income as follows:
 
 
Successor
Predecessor
Derivatives Not Designated as
Hedging Instruments under
ASC 815
Location of (Gain) Loss
Recognized in Income on
Derivatives
Year Ended December 31, 2015
Year Ended December 31, 2014
Year Ended December 31, 2013
Period from
January 1, 2013
through
January 31,
2013
Foreign currency forward contract
Other expense, net as a component of exchange losses, net
$
(5.6
)
$
1.4

$
20.9

$
2.0

Interest rate cap
Interest expense, net
0.1

3.4

(0.3
)

 
 
$
(5.5
)
$
4.8

$
20.6

$
2.0

Designated as Hedging Instrument [Member]  
Derivative [Line Items]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the location and fair values using Level 2 inputs of derivative instruments that qualify and have been designated as cash flow hedges included in the accompanying consolidated balance sheet:
 
Year Ended December 31,
 
2015
2014
Other assets:
 
 
Interest rate swaps
$
0.4

$
5.9

Total assets
$
0.4

$
5.9

Other liabilities:
 
 
Interest rate swaps
$
1.8

$
1.5

Total liabilities
$
1.8

$
1.5

Not Designated as Hedging Instrument [Member]  
Derivative [Line Items]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table presents the location and fair values using Level 2 inputs of derivative instruments that have not been designated as hedges included in the accompanying consolidated balance sheet:
 
Year Ended December 31,
 
2015
2014
Other assets:
 
 
Interest rate cap
$

$
0.1

Prepaid expenses and other assets:
 
 
Foreign currency contracts
$
0.3

$

Total assets
$
0.3

$
0.1