XML 37 R26.htm IDEA: XBRL DOCUMENT v3.4.0.3
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
Stockholders' Equity Note [Abstract]  
Changes in accumulated other comprehensive loss
AOCL consisted of the following:
 
Three Months Ended
 
March 31,
(in millions)
2016
 
2015
Foreign Currency Translation
 
 
 
Balance at beginning of period
$
(115.4
)
 
$
(54.0
)
Other comprehensive income (loss):


 


Foreign currency translation adjustments (1)
19.1

 
(37.6
)
Balance at end of period
$
(96.3
)
 
$
(91.6
)
 
 
 
 
Interest Rate Swap Agreement


 


Balance at beginning of period
$

 
$
(0.7
)
Other comprehensive income (loss):


 


Net change from period revaluations:

 
0.7

Tax expense(2)

 
(0.3
)
Total other comprehensive income before reclassifications, net of tax
$

 
$
0.4

Net amount reclassified to earnings (3)

 
(0.5
)
Tax benefit (2)

 
0.2

Total amount reclassified from accumulated other comprehensive loss, net of tax
$

 
$
(0.3
)
Total other comprehensive income

 
0.1

Balance at end of period
$

 
$
(0.6
)
 
 
 
 
Pensions
 
 
 
Balance at beginning of period
$
(1.4
)
 
$
(2.4
)
Other comprehensive income (loss):
 
 
 
Net change from period revaluations:

 

Balance at end of period
$
(1.4
)
 
$
(2.4
)
 
 
 
 
Foreign Exchange Forward Contracts
 
 
 
Balance at beginning of period
$
6.6

 
$
1.3

Other comprehensive (loss) income:
 
 
 
Net change from period revaluations:
(5.0
)
 
3.7

Tax benefit (expense)(2)
1.3

 
(1.0
)
Total other comprehensive (loss) income before reclassifications, net of tax
$
(3.7
)
 
$
2.7

Net amount reclassified to earnings(4)
(1.6
)
 
(1.9
)
Tax benefit(2)
0.4

 
0.5

Total amount reclassified from accumulated other comprehensive loss, net of tax
$
(1.2
)
 
$
(1.4
)
Total other comprehensive (loss) income
(4.9
)
 
1.3

Balance at end of period
$
1.7

 
$
2.6

(1)
In 2016 and 2015, no amounts were reclassified to earnings.
(2)
These amounts were included in the income tax provision on the accompanying Condensed Consolidated Statements of Income.
(3)
This amount was included in interest expense, net on the accompanying Condensed Consolidated Statements of Income.
(4)
This amount was included in cost of sales, net on the accompanying Condensed Consolidated Statements of Income.