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Restructuring and Other Charges, Net (Tables)
12 Months Ended
Dec. 31, 2014
Restructuring and Other Charges, Net  
Summary of the pre-tax cost by restructuring program

                                                                                                                                                                                    

 

 

Years Ended
December 31,

 

 

 

2014

 

2013

 

2012

 

 

 

(in millions)

 

Restructuring costs:

 

 

 

 

 

 

 

 

 

 

2013 Actions

 

$

3.8

 

$

4.1

 

$

 

Other Actions

 

 

11.3

 

 

5.9

 

 

5.2

 

​  

​  

​  

​  

​  

​  

Total restructuring charges

 

 

15.2

 

 

10.0

 

 

5.2

 

Adjustment related to contingent liability reduction

 

 

 

 

(0.2

)

 

(1.0

)

​  

​  

​  

​  

​  

​  

Less: amount included in cost of goods sold

 

 

 

 

(1.1

)

 

—  

 

​  

​  

​  

​  

​  

​  

Total restructuring and other charges, net

 

$

15.2

 

$

8.7

 

$

4.2

 

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Summary of recorded pre-tax restructuring charges by business segments

                                                                                                                                                                                    

 

 

Years Ended
December 31,

 

 

 

2014

 

2013

 

2012

 

 

 

(in millions)

 

Americas

 

$

2.1 

 

$

1.3 

 

$

1.3 

 

EMEA

 

 

12.1 

 

 

8.7 

 

 

3.9 

 

Asia-Pacific

 

 

0.2 

 

 

 

 

 

Corporate

 

 

0.8 

 

 

 

 

—  

 

​  

​  

​  

​  

​  

​  

Total

 

$

15.2 

 

$

10.0 

 

$

5.2 

 

​  

​  

​  

​  

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2013 Actions  
Restructuring and other charges  
Summary of European footprint program reserve related to severance

                                                                                                                                                                                  

 

 

Severance

 

 

 

(in millions)

 

Balance at December 31, 2012

 

$

 

Net pre-tax restructuring charges

 

 

4.1

 

Utilization and foreign currency impact

 

 

(2.1

)

​  

​  

Balance at December 31, 2013

 

$

2.0

 

Net pre-tax restructuring charges

 

 

3.8

 

Utilization and foreign currency impact

 

 

(4.3

)

​  

​  

Balance at December 31, 2014

 

$

1.5

 

​  

​  

​  

​  

​  

 

Summary of total expected, incurred and remaining pre-tax costs for European footprint program actions by type

                                                                                                                                                                                    

 

 

Severance

 

Legal and
consultancy

 

Asset
write-downs

 

Facility
exit
and other

 

Total

 

 

 

(in millions)

 

Expected costs

 

$

7.5

 

$

0.2

 

$

0.2

 

$

0.2

 

$

8.1

 

Costs incurred—2013

 

 

(4.1

)

 

 

 

 

 

 

 

(4.1

)

Costs incurred—2014

 

 

(3.2

)

 

(0.2

)

 

(0.2

)

 

(0.2

)

 

(3.8

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

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Remaining costs at December 31, 2014

 

$

0.2

 

$

 

$

 

$

 

$

0.2

 

​  

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Other Actions  
Restructuring and other charges  
Summary of the total expected, incurred and remaining pre-tax costs for EMEA restructuring actions and strategic initiatives

                                                                                                                                                                                  

 

 

Severance

 

Legal and
consultancy

 

Asset
write-downs

 

Facility
exit
and other

 

Total

 

 

 

(in millions)

 

Expected costs

 

$

8.8

 

$

0.1

 

$

0.9

 

$

0.1

 

$

9.9

 

Costs incurred—2014

 

 

(6.9

)

 

 

 

 

 

 

 

(6.9

)

​  

​  

​  

​  

​  

​  

​  

​  

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​  

Remaining costs at December 31, 2014

 

$

1.9

 

$

0.1

 

$

0.9

 

$

0.1

 

$

3.0

 

​  

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