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Accounts Payable and Accrued Expenses and Other Liabilities (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2016
Dec. 31, 2015
Payables and Accruals [Abstract]    
Schedule of accounts payable and accrued expenses

Accounts payable and Accrued expenses and other liabilities at June 30, 2016 and December 31, 2015 are summarized as follows:

 

(in millions)

   June 30,
2016
     December 31,
2015
 

Accounts payable:

     

Trade accounts payable and interest payable

   $ 123.1       $ 121.7   

Income taxes payable

     1.3         7.3   
  

 

 

    

 

 

 

Total accounts payable

   $ 124.4       $ 129.0   
  

 

 

    

 

 

 

Accrued expenses and other liabilities:

     

Employee related expenses

   $ 31.9       $ 24.5   

Restructuring expenses

     4.5         16.8   

Profit sharing and incentives

     10.9         3.9   

Accrued rebates

     41.6         51.6   

Deferred revenue - current

     3.6         3.8   

Dividend payable to MTW

     —           10.2   

Customer advances

     5.8         2.9   

Product liability

     3.1         2.6   

Miscellaneous accrued expenses

     44.9         41.3   
  

 

 

    

 

 

 

Total accrued expenses and other liabilities

   $ 146.3       $ 157.6   
  

 

 

    

 

 

 

Accounts payable and Accrued expenses and other liabilities at December 31, 2015 and December 31, 2014 are summarized as follows:

 

(in millions)

   2015      2014  

Accounts payable:

     

Trade accounts payable and interest payable

   $ 121.7       $ 161.5   

Income taxes payable

     7.3         5.2   
  

 

 

    

 

 

 

Total accounts payable

   $ 129.0       $ 166.7   
  

 

 

    

 

 

 

Accrued expenses and other liabilities:

     

Employee related expenses

     24.5         31.1   

Restructuring expenses

     16.8         15.6   

Profit sharing and incentives

     3.9         4.1   

Accrued rebates

     51.6         52.3   

Deferred revenue - current

     3.8         3.8   

Dividend payable to MTW

     10.2         6.2   

Customer advances

     2.9         3.9   

Product liability

     2.6         2.2   

Miscellaneous accrued expenses

     41.3         46.2   
  

 

 

    

 

 

 

Total accrued expenses and other liabilities

   $ 157.6       $ 165.4