RESTRUCTURING AND OTHER SPECIAL CHARGES Restructuring and Other Special Charges Detail (Tables)

3 Months Ended

Mar. 31, 2015

Restructuring Cost and Reserve [Line Items]

Restructuring and Related Costs [Table Text Block]

RESTRUCTURING AND OTHER SPECIAL CHARGES

During the first three months of 2015, the Company recorded net restructuring and other special charges of $19.3. The charges were comprised of $3.2 related to severance and other personnel costs along with $16.1 in costs associated with facility closures and impairment of certain information technology assets.

In addition, during the first three months of 2015, the Company recorded $6.0 in consulting expenses (recorded in selling, general and administrative expenses) relating to fees incurred as part of its business process improvement initiative (“Project LaunchPad”). The Company also recorded $166.0 of deal costs related to the Acquisition, of which $80.6 is included in selling, general and administrative expenses, $32.8 is included in cost of revenue, and $52.6 is included in interest expense.

During the first three months of 2014, the Company recorded net restructuring and other special charges of $7.6. The charges were comprised of $2.8 related to severance and other personnel costs along with $4.9 in costs associated with facility closures and general integration initiatives. These charges were offset by the reversal of previously established reserves of $0.1 in unused severance.

The following represents the Company’s restructuring reserve activities for the period indicated:

	Severance and Other Employee Costs			Lease and Other Facility Costs			Total
Balance as of December 31, 2014	$	0.4		$	21.7		$	22.1
Restructuring charges	3.2			16.1			19.3
Reduction of prior restructuring accruals	—			—			—
Cash payments and other adjustments	(2.9		)	(17.0		)	(19.9		)
Balance as of March 31, 2015	$	0.7		$	20.8		$	21.5
Current							$	7.5
Non-current							14.0
							$	21.5

	Severance and Other Employee Costs			Lease and Other Facility Costs			Total
Balance as of December 31, 2014	$	0.4		$	21.7		$	22.1
Restructuring charges	3.2			16.1			19.3
Reduction of prior restructuring accruals	—			—			—
Cash payments and other adjustments	(2.9		)	(17.0		)	(19.9		)
Balance as of March 31, 2015	$	0.7		$	20.8		$	21.5
Current							$	7.5
Non-current							14.0
							$	21.5