Restructuring Expenses

3 Months Ended

Mar. 31, 2017

Restructuring and Related Activities [Abstract]

Restructuring Expenses

RESTRUCTURING EXPENSES

Beginning in 2014 through 2017, the Company announced and initiated several actions to rationalize employee headcount at various manufacturing facilities located in Europe, China, Brazil, Argentina and the United States, as well as various administrative offices located in Europe, Brazil, China and the United States in order to reduce costs in response to softening global market demand and lower production volumes. The aggregate headcount reduction was approximately 2,750 employees in 2014, 2015 and 2016. During the three months ended March 31, 2017, the Company recorded severance and related costs associated with various rationalizations in the United States, South America and Europe, in connection with the termination of approximately 200 employees. The components of the restructuring expenses are summarized as follows (in millions):

	Write-down of Property, Plant and Equipment			Employee Severance			Facility Closure Costs			Total
Balance as of December 31, 2016	$	—		$	14.5		$	0.8		$	15.3
First quarter 2017 provision	0.2			4.9			—			5.1
Less: Non-cash expense	(0.2		)	—			—			(0.2		)
Cash expense	—			4.9			—			4.9
First quarter 2017 cash activity	—			(5.0		)	(0.8		)	(5.8		)
Foreign currency translation	—			0.2			—			0.2
Balance as of March 31, 2017	$	—		$	14.6		$	—		$	14.6