XML 53 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 1,094.1 $ 1,126.6 $ 2,083.3 $ 2,174.0
Other revenue 7.0 7.7 15.3 14.7
Total revenue 1,101.1 1,134.3 2,098.6 2,188.7
Cost of goods sold 679.7 742.5 1,329.5 1,446.0
Selling, general and administrative expenses 245.5 250.6 458.5 497.3
Research and development expenses 12.8 12.1 25.7 23.4
Amortization of acquired intangibles 20.1 21.3 40.1 42.4
Income from operations 143.0 107.8 244.8 179.6
Interest expense, net 49.2 54.9 99.2 113.9
Other (income) expense, net 88.6 (1.6) 92.5 2.9
Income before income taxes 5.2 54.5 53.1 62.8
Provision (benefit) for income taxes 29.5 (1.3) 30.7 10.7
Net income (loss) (24.3) 55.8 22.4 52.1
Less: Net income attributable to noncontrolling interests 0.8 2.0 2.4 2.6
Net income (loss) attributable to controlling interests $ (25.1) $ 53.8 $ 20.0 $ 49.5
Basic net income (loss) per share (dollars per share) $ (0.11) $ 0.23 $ 0.09 $ 0.22
Diluted net income (loss) per share (dollars per share) $ (0.11) $ 0.23 $ 0.08 $ 0.22
Basic weighted average shares outstanding 232.3 229.1 231.1 229.1
Diluted weighted average shares outstanding 232.3 229.3 238.1 229.1