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Other Expense, Net (Tables)
12 Months Ended
Dec. 31, 2016
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense)
 
Year Ended December 31,
(millions of dollars)
2016
 
2015
 
2014
Asbestos-related charge
$
703.6

 
$

 
$

Loss on divestiture
127.1

 

 

Restructuring expense
26.9

 
65.7

 
90.8

Merger and acquisition expense
23.7

 
21.8

 

Intangible asset impairment
12.6

 

 
10.3

Pension settlement loss

 
25.7

 
3.1

Gain on previously held equity interest


(10.8
)


Other
(4.2
)
 
(1.0
)
 
(10.4
)
Other expense, net
$
889.7

 
$
101.4

 
$
93.8