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Retirement Benefits (Tables)
 12 Months Ended
Dec. 31, 2014
Retirement Benefits Pension And Postretirement [Line Items]  
Schedule Of Net Benefit Costs [Table Text Block]
(In millions)U.S. PlansNon-U.S. Plans Total
Years Ended December 31,201420132012201420132012201420132012
Service cost$ - - - $ 12.5 15.0 11.1 $ 12.5 15.0 11.1
Interest cost on projected benefit obligation 45.3 42.2 43.8 18.4 19.1 19.1 63.7 61.3 62.9
Return on assets – expected (63.9) (56.9) (60.0) (14.4) (12.9) (12.2) (78.3) (69.8) (72.2)
Amortization of losses 28.2 45.1 39.5 2.3 6.1 4.0 30.5 51.2 43.5
Amortization of prior service cost - - - 1.0 0.8 2.0 1.0 0.8 2.0
Settlement loss (a) 56.1 0.1 5.0 6.3 2.6 3.3 62.4 2.7 8.3
Net periodic pension cost $ 65.7 30.5 28.3 $ 26.1 30.7 27.3 $ 91.8 61.2 55.6
Included in:
Continuing operations$ 65.7 30.5 28.3 $ 24.4 28.7 25.2 $ 90.1 59.2 53.5
Discontinued operations - - - 1.7 2.0 2.1 1.7 2.0 2.1
Net periodic pension cost $ 65.7 30.5 28.3 $ 26.1 30.7 27.3 $ 91.8 61.2 55.6

Settlement losses recognized in the U.S. in 2014 relate to a lump-sum buy-out of 4,300 participants. See “2014 Lump-sum Buy-out” below. Settlement losses outside the U.S. relate primarily to terminated employees that participate in a Mexican severance indemnity program that is accounted for as a defined benefit plan.
Schedule of Obligations and Funded Status [Table Text Block]
(In millions)U.S. PlansNon-U.S. PlansTotal
Years Ended December 31,201420132014201320142013
Benefit obligation at beginning of year$ 934.9 1,031.3 390.4 392.3 1,325.3 1,423.6
Service cost - - 12.5 15.0 12.5 15.0
Interest cost 45.3 42.2 18.4 19.1 63.7 61.3
Participant contributions - - 4.2 3.8 4.2 3.8
Plan amendments - - (0.1) (4.9) (0.1) (4.9)
Curtailments - - (0.1) (0.2) (0.1) (0.2)
Settlements(a) (149.0) (0.5) - (2.0) (149.0) (2.5)
Benefits paid (44.9) (43.6) (24.2) (18.8) (69.1) (62.4)
Sale of Brink’s Netherlands - - (132.7) - (132.7) -
Actuarial (gains) losses 117.8 (94.5) 59.7 (8.0) 177.5 (102.5)
Foreign currency exchange effects - - (45.0) (5.9) (45.0) (5.9)
Benefit obligation at end of year$ 904.1 934.9 283.1 390.4 1,187.2 1,325.3
Fair value of plan assets at beginning of year$ 811.8 756.3 322.0 283.0 1,133.8 1,039.3
Return on assets – actual 80.6 85.5 23.8 16.6 104.4 102.1
Participant contributions - - 4.2 3.8 4.2 3.8
Employer contributions 87.8 14.1 31.0 40.1 118.8 54.2
Settlements(a) (149.0) (0.5) - (2.0) (149.0) (2.5)
Benefits paid (44.9) (43.6) (24.2) (18.8) (69.1) (62.4)
Sale of Brink’s Netherlands - - (157.2) - (157.2) -
Foreign currency exchange effects - - (20.3) (0.7) (20.3) (0.7)
Fair value of plan assets at end of year$ 786.3 811.8 179.3 322.0 965.6 1,133.8
Funded status$ (117.8) (123.1) (103.8) (68.4) (221.6) (191.5)
Included in:
Noncurrent asset$ - - - (28.6) - (28.6)
Current liability, included in accrued liabilities 0.6 0.8 2.0 4.5 2.6 5.3
Noncurrent liability 117.2 122.3 101.8 92.5 219.0 214.8
Net pension liability $ 117.8 123.1 103.8 68.4 221.6 191.5

The 2014 U.S. settlement reflects the lump-sum elections accepted by approximately 4,300 terminated participants. See “2014 Lump-sum Buy-out” below.
Schedule of Assumptions Used [Table Text Block]
U.S. PlansNon-U.S. Plans
201420132012201420132012
Discount rate:
Pension cost 5.0 % 4.2 % 4.6 % 6.3 % 5.3 % 5.4 %
Benefit obligation at year end 4.1 % 5.0 % 4.2 % 5.1 % 6.3 % 5.3 %
Expected return on assets – pension cost 8.00 % 8.00 % 8.25 % 5.83 % 4.64 % 4.92 %
Average rate of increase in salaries(a):
Pension cost N/AN/AN/A 3.9 % 3.8 % 3.2 %
Benefit obligation at year endN/AN/AN/A 3.9 % 3.9 % 3.8 %

Salary scale assumptions are determined through historical experience and vary by age and industry. The U.S. plan benefits are frozen. Pension benefits will not increase due to future salary increases.
Schedule of Changes of Level 3 Plan Assets [Table Text Block]
(In millions)U.S. Pension PlansUMWA PlansNon-U.S. Pension Plans
Balance at December 31, 2012$ 99.3 40.9 0.6
Actual return on plan assets relating to assets still held at the reporting date 0.4 - -
Purchases, sales and settlements 39.6 - -
Transfers out of Level 3(a) (99.3) (40.9) (0.6)
Balance at December 31, 2013 40.0 - -
Actual return on plan assets relating to assets still held at the reporting date 2.8 0.5 -
Purchases, sales and settlements - 13.8 -
Balance at December 31, 2014$ 42.8 14.3 -

Transfers out of Level 3 are deemed to have occurred at the beginning of the year.
Schedule of Costs of Retirement Plans [Table Text Block]
(In millions)
Years Ended December 31,201420132012
U.S. 401(K)$ 2.2 2.6 4.6
Other plans 2.3 2.9 2.5
Total$ 4.5 5.5 7.1
US Plans [Member]  
Retirement Benefits Pension And Postretirement [Line Items]  
Schedule of Allocation of Plan Assets [Table Text Block]
December 31, 2014December 31, 2013
Fair%%%%
ValueTotal FairActualTargetTotal FairActualTarget
(In millions, except for percentages)LevelValueAllocationAllocationValueAllocationAllocation
U.S. Pension Plans
Cash, cash equivalents and receivables$ 4.1 1 - 3.8 - -
Equity securities:
U.S. large-cap(a)1 93.1 12 12 132.1 16 16
U.S. small/mid-cap(a)1 40.2 5 5 58.6 7 7
International(a)1 72.6 9 10 114.4 14 14
Emerging markets(b)1 13.8 2 2 31.7 4 4
Dynamic asset allocation(c)1 33.7 4 4 50.2 6 6
Fixed-income securities:
Long duration(d)1 277.6 47 48 190.8 32 32
Long duration(d)2 95.7 65.0
High yield(e)1 15.3 2 2 24.5 3 3
Emerging markets(f)1 14.5 2 2 23.2 3 3
Other types of investments:
Hedge fund of funds(g)2 37.9 5 5 37.3 5 5
Core property(h)2 45.0 6 5 40.2 5 5
Structured credit(i)3 42.8 5 5 40.0 5 5
Total$ 786.3 100 100 811.8 100 100
UMWA Plans
Equity securities:
U.S. large-cap(a)1$ 58.5 21 21 107.0 38 37
U.S. small/mid-cap(a)1 25.5 10 9 27.9 10 9
International(a)1 49.3 19 18 41.8 15 14
Emerging markets(b)1 10.7 4 4 - - -
Dynamic asset allocation(c)1 20.0 8 7 - - -
Fixed-income securities:
High yield(e)1 10.9 4 4 24.1 8 8
Emerging markets(f)1 10.4 4 4 10.9 4 4
Multi asset real return(j)1 21.6 8 8 29.3 10 13
Other types of investments:
Hedge fund of funds(g)2 14.6 6 3 29.2 10 10
Core property(h)2 28.8 11 10 14.2 5 5
Structured credit(i)3 14.3 5 5 - - -
U.S. Private Equity(k) - - 7 - - -
Total $ 264.6 100 100 284.4 100 100

  • These categories include passively managed U.S. large-cap mutual funds and actively managed U.S. small/mid-cap and international mutual funds that track various indices such as the S&P 500 Index, the Russell 2500 Index and the MSCI All Country World Ex-U.S. Index.
  • This category represents an actively managed mutual fund that invests primarily in equity securities of emerging market issuers. Emerging market countries are those countries that are characterized as developing or emerging by any of the World Bank, the United Nations, the International Finance Corporation, or the European Bank for Reconstruction and Development or included in an emerging markets index by a recognized index provider.
  • This category represents an actively managed mutual fund that seeks to generate total return over time by selecting investments from among a broad range of asset classes. The fund’s allocations among asset classes may be adjusted over short periods and can vary from multiple to a single asset class.
  • This category represents actively managed mutual funds that seeks to duplicate the risk and return characteristics of a long-term fixed-income securities portfolio with an approximate duration of 10 years and longer by using a long duration bond portfolio, including interest-rate swap agreements and Treasury futures contracts, and zero-coupon securities created by the U.S. Treasury, for the purpose of managing the overall duration of this fund.
  • This category represents an actively managed mutual fund that invests primarily in fixed-income securities rated below investment grade, including corporate bonds and debentures, convertible and preferred securities and zero-coupon obligations. The fund’s average weighted maturity may vary and will generally not exceed ten years.
  • This category represents an actively managed mutual fund that invests primarily in U.S.-dollar-denominated debt securities of government, government-related and corporate issuers in emerging market countries, as well as entities organized to restructure the outstanding debt of such issuers.
  • This category represents an actively managed mutual fund that invests in different hedge-fund investments. The fund holds approximately 40 separate hedge-fund investments. Strategies included (1) long-short equity, (2) event-driven and distressed-debt, (3) global macro, (4) credit hedging, (5) multi-strategy, and (6) fixed-income arbitrage. Its investment objective is to seek to achieve an attractive risk-adjusted return with moderate volatility and moderate directional market exposure over a full market cycle.
  • This category represents an actively managed mutual fund that seeks both current income and long-term capital appreciation through investing in underlying funds that acquire, manage, and dispose of commercial real estate properties. These properties are high-quality, low-leveraged, income-generating office, industrial, retail, and multi-family properties, generally fully-leased to creditworthy companies and governmental entities.
  • This category represents an actively managed mutual fund that invests primarily in a diversified portfolio comprised primarily of collateralized loan obligations and other structured credit investments backed primarily by bank loans.
  • This category represents an actively managed mutual fund that invests primarily in fixed income and equity securities and commodity linked instruments. The category seeks total returns that exceed the rate of inflation over a full market cycle regardless of market conditions
  • This category will offer exposure to a diversified pool of global private assets fund investments. Further, the category will seek to shorten the duration of the typical private assets fund of funds through a dedicated focus on secondaries strategies (i.e. funds whose investment strategy is to purchase interests in other private market investments/funds as a way to provide the original investors liquidity prior to the end of those investments’/funds’ contracted end date), income-producing investment strategies (e.g. debt, real estate, and to a lesser extent, real assets), and underlying funds whose stated life is five to seven years, as opposed to the more typical 10-year life of private assets funds.
Non-US Plans [Member]  
Retirement Benefits Pension And Postretirement [Line Items]  
Schedule of Allocation of Plan Assets [Table Text Block]
December 31, 2014December 31, 2013
%%%%
Total FairActualTargetTotal FairActualTarget
(In millions, except for percentages)ValueAllocationAllocationValueAllocationAllocation
Non-U.S. Pension Plans
Cash and cash equivalents $ 1.1 - - 5.2 2 -
Equity securities:
U.S. equity funds(a) 31.6 30.0
Canadian equity funds(a) 39.6 38.3
European equity funds(a) 8.8 8.9
Asia Pacific equity funds(a) 1.7 1.7
Emerging markets(a) 3.5 9.3
Other non-U.S. equity funds(a) 20.4 38.8
Total equity securities 105.6 59 65 127.0 39 39
Fixed-income securities:
Global credit(b) 0.3 37.5
Canadian fixed-income funds(c) 25.7 24.8
European fixed-income funds(d) 14.9 11.0
High-yield(e) 1.0 12.3
Emerging markets(f) 1.2 6.9
Long-duration(g) 27.9 79.4
Total fixed-income securities 71.0 40 35 171.9 53 55
Other types of investments:
Convertible securities(h) - 12.0
Commodity derivatives(i) - 4.7
Other 1.6 1.2
Total other types of investments 1.6 1 - 17.9 6 6
Total $ 179.3 100 100 322.0 100 100

  • These categories are comprised of equity index actively and passively managed funds that track various indices such as S&P 500 Composite Total Return Index, Russell 1000 and 2000 Indices, MSCI Europe Ex-UK Index, S&P/TSX Total Return Index, MSCI EAFE Index and others. Some of these funds use a dynamic asset allocation investment strategy seeking to generate total return over time by selecting investments from among a broad range of asset classes, investing primarily through the use of derivatives.
  • This category represents investment-grade fixed income debt securities of European issuers from diverse industries.
  • This category seeks to achieve a return that exceeds the Scotia Capital Markets Universe Bond Index.
  • This category is designed to generate income and exhibit volatility similar to that of the Sterling denominated bond market. This category primarily invests in investment grade or better securities.
  • This category consists of global high-yield bonds. This category invests in lower rated and unrated fixed income, floating rate and other debt securities issued by European and American companies.
  • This category consists of a diversified portfolio of listed and unlisted debt securities issued by governments, financial institutions, companies or other entities domiciled in emerging market countries.
  • This category is designed to achieve a return consistent with holding longer term debt instruments. This category invests in interest rate and inflation derivatives, government-issued bonds, real-return bonds, and futures contracts.
  • This category invests in convertible securities of global issuers from diverse industries.
  • This category invests in commodities through financial derivatives of global issuers and short-dated government paper and cash components.
Pension plan [Member]  
Retirement Benefits Pension And Postretirement [Line Items]  
Schedule of Other Changes in Plan Assets and Benefit Recognized in Other Comprehensive Income [Table Text Block]
(In millions)U.S. PlansNon-U.S. PlansTotal
Years Ended December 31,201420132014201320142013
Benefit plan net experience losses recognized in
accumulated other comprehensive income (loss):
Beginning of year$ (323.6) (491.9) (39.2) (59.7) (362.8) (551.6)
Net experience gains (losses) arising during the year (101.1) 123.1 (50.3) 11.7 (151.4) 134.8
Reclassification adjustment for amortization of
prior experience losses included in net income (loss)(a) 84.3 45.2 3.8 8.8 88.1 54.0
End of year$ (340.4) (323.6) (85.7) (39.2) (426.1) (362.8)
Benefit plan prior service cost recognized in
accumulated other comprehensive income (loss):
Beginning of year$ - - (10.2) (15.8) (10.2) (15.8)
Prior service credit (cost) from plan amendments
during the year - - 0.1 4.9 0.1 4.9
Reclassification adjustment for amortization of
prior service cost included in net income (loss)(a) - - 0.8 0.7 0.8 0.7
End of year$ - - (9.3) (10.2) (9.3) (10.2)

Includes $5.0 million of reclassification adjustments in net income (loss) in 2014 related to the sale of CIT operations in the Netherlands. These amounts are included in loss from discontinued operations in the income statement and as such are not included in amortization of losses in net periodic postretirement cost.
Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
(In millions) U.S. Plans Non-U.S. Plans Total
December 31,201420132014201320142013
Information for pension plans with an ABO in excess of plan assets:
Fair value of plan assets$ 786.3 811.8 45.6 38.1 831.9 849.9
Accumulated benefit obligation 904.1 934.9 111.9 103.6 1,016.0 1,038.5
Projected benefit obligation 904.1 934.9 137.0 135.1 1,041.1 1,070.0
Schedule of Expected Benefit Payments [Table Text Block]
(In millions)U.S. PlansNon-U.S. PlansTotal
2015$ 47.0 12.1 59.1
2016 47.3 11.7 59.0
2017 48.0 12.6 60.6
2018 48.6 14.7 63.3
2019 49.6 15.9 65.5
2020 through 2024$ 250.4 114.3 364.7
Retirement benefits other than pension [Member]  
Retirement Benefits Pension And Postretirement [Line Items]  
Schedule Of Net Benefit Costs [Table Text Block]
(In millions)UMWA Plans Black Lung and Other Plans(a) Total
Years Ended December 31,201420132012201420132012201420132012
Service cost$ - - - $ 0.1 0.3 0.6 $ 0.1 0.3 0.6
Interest cost on APBO 17.9 19.7 22.3 2.3 1.9 2.8 20.2 21.6 25.1
Return on assets – expected (22.2) (20.8) (21.3) - - - (22.2) (20.8) (21.3)
Amortization of losses 12.3 19.6 21.0 0.6 0.7 1.5 12.9 20.3 22.5
Amortization of prior service cost (credit) (4.6) - - 1.7 1.7 2.0 (2.9) 1.7 2.0
Net periodic postretirement cost $ 3.4 18.5 22.0 $ 4.7 4.6 6.9 $ 8.1 23.1 28.9

Includes net periodic postretirement cost related to non-U.S. plans of $0.7 million in 2014, $0.7 million in 2013, and $1.0 million in 2012.
Schedule of Obligations and Funded Status [Table Text Block]
(In millions)UMWA PlansBlack Lung and Other Plans Total
Years Ended December 31,201420132014201320142013
APBO at beginning of year$ 426.5 525.3 48.9 53.0 475.4 578.3
Service cost - - 0.1 0.3 0.1 0.3
Interest cost 17.9 19.7 2.3 1.9 20.2 21.6
Plan amendments - (55.7) - - - (55.7)
Benefits paid (34.5) (34.2) (7.4) (7.1) (41.9) (41.3)
Medicare subsidy received 0.6 3.1 - - 0.6 3.1
Actuarial (gains) losses, net 51.3 (31.7) 23.2 0.8 74.5 (30.9)
Foreign currency exchange effects - - (0.9) - (0.9) -
APBO at end of year$ 461.8 426.5 66.2 48.9 528.0 475.4
Fair value of plan assets at beginning of year$ 284.4 268.7 - - 284.4 268.7
Employer contributions (0.8) 1.0 7.4 7.1 6.6 8.1
Return on assets – actual 14.9 45.8 - - 14.9 45.8
Benefits paid (34.5) (34.2) (7.4) (7.1) (41.9) (41.3)
Medicare subsidy received 0.6 3.1 - - 0.6 3.1
Fair value of plan assets at end of year$ 264.6 284.4 - - 264.6 284.4
Funded status$ (197.2) (142.1) (66.2) (48.9) (263.4) (191.0)
Included in:
Current, included in accrued liabilities$ - - 6.3 5.0 6.3 5.0
Noncurrent 197.2 142.1 59.9 43.9 257.1 186.0
Retirement benefits other than pension liability $ 197.2 142.1 66.2 48.9 263.4 191.0
Schedule of Other Changes in Plan Assets and Benefit Recognized in Other Comprehensive Income [Table Text Block]
Black Lung and Other
(In millions) UMWA PlansPlans Total
Years Ended December 31,201420132014201320142013
Benefit plan net experience gain (loss) recognized in
accumulated other comprehensive income (loss):
Beginning of year$ (219.4) (295.7) (6.3) (6.2) (225.7) (301.9)
Net experience gains (losses) arising during the year (58.6) 56.7 (23.2) (0.8) (81.8) 55.9
Reclassification adjustment for amortization of
prior experience losses included in net income (loss) 12.4 19.6 0.5 0.7 12.9 20.3
End of year$ (265.6) (219.4) (29.0) (6.3) (294.6) (225.7)
Benefit plan prior service (cost) credit recognized in
accumulated other comprehensive income (loss):
Beginning of year$ 55.7 - (7.7) (9.4) 48.0 (9.4)
Prior service credit from plan amendments during the year - 55.7 - - - 55.7
Reclassification adjustment for amortization or curtailment
of prior service cost included in net income (loss) (4.6) - 1.7 1.7 (2.9) 1.7
End of year$ 51.1 55.7 (6.0) (7.7) 45.1 48.0
Schedule of Assumptions Used [Table Text Block]
201420132012
Weighted-average discount rate:
Postretirement cost:
UMWA plans 4.7 % 3.9 % 4.4 %
Black lung 4.4 % 3.5 % 4.2 %
Weighted-average 4.7 % 3.9 % 4.4 %
Benefit obligation at year end:
UMWA plans 4.0 % 4.7 % 3.9 %
Black lung 3.7 % 4.4 % 3.5 %
Weighted-average 4.1 % 4.7 % 3.9 %
Expected return on assets 8.25 % 8.25 % 8.50 %
Schedule of Expected Benefit Payments [Table Text Block]
(In millions)UMWA PlansBlack Lung and Other PlansTotal
2015$ 30.4 6.3 36.7
2016 30.2 5.9 36.1
2017 30.3 5.6 35.9
2018 32.2 5.2 37.4
2019 31.7 4.9 36.6
2020 through 2024 143.6 20.0 163.6
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
Effect of Change in Assumed Healthcare Trend Rates
(In millions)Increase 1%Decrease 1%
Higher (lower):
Service and interest cost in 2014$ 2.1 (1.8)
APBO at December 31, 2014 59.3 (49.6)