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Shareowners' Deficit
 6 Months Ended
Jun. 30, 2016
Shareowners' Deficit [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
Shareowners' Deficit
Accumulated Other Comprehensive Loss
For the six months ended June 30, 2016, the changes in accumulated other comprehensive loss by component were as follows:
(dollars in millions)
Unrecognized Net Periodic Pension and Postretirement Benefit Cost
 
Foreign Currency Translation Loss
 
Total
Balance as of December 31, 2015
$
(170.3
)
 
$
(0.7
)
 
$
(171.0
)
Reclassifications, net
3.1

(a)
(0.1
)
 
3.0

Balance as of June 30, 2016
$
(167.2
)
 
$
(0.8
)
 
$
(168.0
)
(a) These reclassifications are included in the components of net periodic pension and postretirement benefit costs (see Note 5 for additional details). The components of net periodic pension and postretirement benefit costs are reported within "Cost of services," "Cost of products sold," and "Selling, general and administrative" expenses on the Condensed Consolidated Statements of Operations.
Share Repurchases
In 2010, the Board of Directors approved a plan for the repurchase of the Company's outstanding common stock in an amount up to $150.0 million. During the second quarter of 2016, the Company repurchased and retired approximately 1.2 million shares of its common stock for $4.6 million. In prior years, the Company repurchased and retired a total of 7.4 million shares at a total cost of $20.8 million. As of June 30, 2016, the Company has the authority to repurchase its common stock with a value of up to $124.6 million under the plan approved by its Board of Directors, subject to satisfaction of the requirements under its bond indentures and Corporate Credit Agreement.
Reverse Stock Split
On August 2, 2016, our shareholders authorized the Board of Directors to effect, in its discretion, a reverse stock split of the outstanding and treasury Common Shares at a reverse stock split 1-for-5 ratio. The Board of Directors determined that October 5, 2016 would be the effective date for the reverse stock split.