XML 28 R12.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Inventories | 12 Months Ended
--- | ---
Dec. 31, 2016
Inventory Disclosure [Abstract] |
Inventories | Note 4: Inventories Inventories by major classification as of 2016 and 2015 year end are as follows:
(Amounts in millions) |  | 2016 |  |  | 2015 |
Finished goods |  | $ | 467.4 |  |  | $ | 437.9 |
Work in progress |  |  | 42.7 |  |  |  | 42.9 |
Raw materials |  |  | 93.6 |  |  |  | 90.3 |
Total FIFO value |  |  | 603.7 |  |  |  | 571.1 |
Excess of current cost over LIFO cost |  |  | (73.2) |  |  |  | (73.3) |
Total inventories – net |  | $ | 530.5 |  |  | $ | 497.8 |
Inventories accounted for using the FIFO method approximated 59% and 57% of total inventories as of 2016 and 2015 year end, respectively. The company accounts for its non-U.S. inventory on the FIFO method. As of 2016 year end, approximately 33% of the company’s U.S. inventory was accounted for using the FIFO method and 67% was accounted for using the LIFO method. There were no LIFO inventory liquidations in 2016, 2015 or 2014.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.6) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration