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Company Transformation (Tables) | 12 Months Ended
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Dec. 31, 2012
Components of Transformation Costs | The components of transformation costs incurred during 2012 and 2011 are presented below. We do not expect to incur significant transformation costs subsequent to December 31, 2012.
|  | 2012 |  |  | 2011 |
|  | Continuing Operations |  |  | Discontinued Operations |  |  | Total |  |  | Continuing Operations |  |  | Discontinued Operations |  |  | Total |
Loss on extinguishment of debt |  | $ | 1.0 |  |  | $ | — |  |  | $ | 1.0 |  |  | $ | 296.8 | (a) |  | $ | — |  |  | $ | 296.8 |
Advisory fees |  |  | 4.4 |  |  |  | 6.4 |  |  |  | 10.8 |  |  |  | — |  |  |  | 139.4 |  |  |  | 139.4 |
Asset impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 56.3 | (b) |  |  | 8.2 |  |  |  | 64.5 |
Information technology costs |  |  | 1.7 |  |  |  | 0.9 |  |  |  | 2.6 |  |  |  | — |  |  |  | 46.3 |  |  |  | 46.3 |
Employee retention and other compensation costs |  |  | 2.3 |  |  |  | — |  |  |  | 2.3 |  |  |  | 36.8 | (c) |  |  | 20.1 |  |  |  | 56.9 |
Lease termination and other real estate costs |  |  | 1.9 |  |  |  | — |  |  |  | 1.9 |  |  |  | 4.3 |  |  |  | 9.8 |  |  |  | 14.1 |
Other costs |  |  | 1.7 |  |  |  | 0.5 |  |  |  | 2.2 |  |  |  | 1.9 |  |  |  | 16.3 |  |  |  | 18.2 |
Transformation costs before income tax expense |  |  | 13.0 |  |  |  | 7.8 |  |  |  | 20.8 |  |  |  | 396.1 |  |  |  | 240.1 |  |  |  | 636.2 |
Tax-related separation costs |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3.5 |  |  |  | 7.3 |  |  |  | 10.8 |
Tax benefit |  |  | (4.4 | ) |  |  | (0.9 | ) |  |  | (5.3 | ) |  |  | (143.0 | ) |  |  | (74.0 | ) |  |  | (217.0 | )
Total transformation costs, net of tax benefit |  | $ | 8.6 |  |  | $ | 6.9 |  |  | $ | 15.5 |  |  | $ | 256.6 |  |  | $ | 173.4 |  |  | $ | 430.0 |
(a) | The $296.8 loss on extinguishment of debt represents the costs to extinguish substantially all outstanding debt prior to the Distribution. The activities associated with the extinguishment of debt are described in Note 15, “Debt,” to the Consolidated Financial Statements.
(b) | Includes a $55.0 impairment charge related to a decision to discontinue development of an information technology consolidation initiative.
(c) | Includes $16.8 of compensation costs recognized within continuing operations in connection with the retirement of Steven R. Loranger, our former Chairman, President and Chief Executive Officer in October 2011.
Roll Forward of Transformational Accrual | The table included below provides a rollforward of the accrual for transformation costs for the year ended 2012 and 2011.
|  | 2012 |  |  | 2011 |
Transformation accrual – January 1 |  | $ | 33.9 |  |  | $ | 2.0 |
Charges for actions during the period: |  |  |  |  |  |  |  |
Continuing operations |  |  | 13.0 |  |  |  | 396.1 |
Discontinued operations |  |  | 7.8 |  |  |  | 240.1 |
Cash payments |  |  | (47.3 | ) |  |  | (559.9 | )
Asset impairment and other non-cash charges, net |  |  | (0.5 | ) |  |  | (44.4 | )
Transformation accrual – December 31 |  | $ | 6.9 |  |  | $ | 33.9 |

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- Definition Roll forward of transformational accrual. + References No definition available. + Details
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