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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Sales Information By Reportable Segments
Segment results for the three months ended March 31, 2016 and 2015 and assets as of March 31, 2016 and December 31, 2015 based on the Company’s reportable segments are as follows (in millions):
Three Months Ended March 31,
 
North
America
 
South
America
 
Europe/Africa/
Middle East
 
Asia/
Pacific
 
Consolidated
2016
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
408.4

 
$
144.2

 
$
924.1

 
$
82.6

 
$
1,559.3

(Loss) income from operations
 
(0.7
)
 
0.4

 
70.3

 
(2.9
)
 
67.1

Depreciation
 
15.6

 
4.6

 
31.7

 
3.6

 
55.5

Capital expenditures
 
11.4

 
6.2

 
15.7

 
2.4

 
35.7

2015
 
 

 
 

 
 

 
 

 
 

Net sales
 
$
472.5

 
$
249.0

 
$
908.1

 
$
73.0

 
$
1,702.6

Income (loss) from operations
 
17.5

 
13.1

 
80.5

 
(12.0
)
 
99.1

Depreciation
 
15.3

 
6.0

 
29.8

 
3.0

 
54.1

Capital expenditures
 
17.0

 
6.9

 
29.9

 
9.1

 
62.9

Assets
 
 
 
 
 
 
 
 
 
 
As of March 31, 2016
 
$
1,024.6

 
$
562.7

 
$
1,983.8

 
$
374.0

 
$
3,945.1

As of December 31, 2015
 
943.7

 
490.0

 
1,757.2

 
346.3

 
3,537.2

 
 
 
 
 
 
 
 
 
 
 

Reconciliation of Income From Operations from Segment to Consolidated
A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):
 
Three Months Ended March 31,
 
2016
 
2015
Segment income from operations
$
67.1

 
$
99.1

Corporate expenses
(29.7
)
 
(29.0
)
Stock compensation expense
(5.1
)
 
(2.2
)
Restructuring and other infrequent expenses
(1.9
)
 
(10.6
)
Amortization of intangibles
(11.0
)
 
(10.5
)
Consolidated income from operations
$
19.4

 
$
46.8

Reconciliation of Assets from Segment to Consolidated
 
March 31, 2016
 
December 31, 2015
Segment assets
$
3,945.1

 
$
3,537.2

Cash and cash equivalents
247.9

 
426.7

Receivables from affiliates
103.2

 
70.1

Investments in affiliates
419.0

 
392.9

Deferred tax assets, other current and noncurrent assets
556.2

 
448.6

Intangible assets, net
535.6

 
507.7

Goodwill
1,169.2

 
1,114.5

Consolidated total assets
$
6,976.2

 
$
6,497.7