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Accounting Policies (Tables)

6 Months Ended

Jul. 03, 2016

Accounting Policies

Changes in the carrying amount of goodwill by geographic segment

		July 3, 2016
		Gross Balance												Accumulated Impairment Losses									Net Goodwill
		Balance January 1, 2016			Acquired During the Period			Foreign Currency Translation and Other			Balance July 3, 2016			Balance January 1, 2016			Impairment Loss During the Period			Balance July 3, 2016			July 3, 2016
		(in millions )
Americas		$	391.2		$	—		$	0.6		$	391.8		$	(24.5	)	$	—		$	(24.5	)	$	367.3
Europe, Middle East and Africa (EMEA)		238.6			—			2.0			240.6			(129.7		)	—			(129.7		)	110.9
Asia-Pacific		26.3			3.3			0.6			30.2			(12.9		)	—			(12.9		)	17.3
Total		$	656.1		$	3.3		$	3.2		$	662.6		$	(167.1	)	$	—		$	(167.1	)	$	495.5

		December 31, 2015
		Gross Balance												Accumulated Impairment Losses									Net Goodwill
		Balance January 1, 2015			Acquired During the Period			Foreign Currency Translation and Other			Balance December 31, 2015			Balance January 1, 2015			Impairment Loss During the Period			Balance December 31, 2015			December 31, 2015
		(in millions)
Americas		$	398.0		$	—		$	(6.8	)	$	391.2		$	(24.5	)	$	—		$	(24.5	)	$	366.7
EMEA		265.5			—			(26.9		)	238.6			—			(129.7		)	(129.7		)	108.9
Asia-Pacific		12.9			12.9			0.5			26.3			(12.9		)	—			(12.9		)	13.4
Total		$	676.4		$	12.9		$	(33.2	)	$	656.1		$	(37.4	)	$	(129.7	)	$	(167.1	)	$	489.0

Schedule of Intangible assets

		July 3, 2016									December 31, 2015
		Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
		(in millions)
Patents		$	16.1		$	(14.5	)	$	1.6		$	16.1		$	(14.1	)	$	2.0
Customer relationships		215.0			(109.6		)	105.4			212.5			(102.1		)	110.4
Technology		41.6			(17.5		)	24.1			41.3			(16.1		)	25.2
Trade Names		22.1			(7.2		)	14.9			21.9			(6.4		)	15.5
Other		6.9			(6.0		)	0.9			9.4			(5.9		)	3.5
Total amortizable intangibles		301.7			(154.8		)	146.9			301.2			(144.6		)	156.6
Indefinite-lived intangible assets		36.5			—			36.5			36.2			—			36.2
Total		$	338.2		$	(154.8	)	$	183.4		$	337.4		$	(144.6	)	$	192.8

Schedule of stock-based compensation fair value assumptions

		2016		2015
Expected life (years)		3.0		3.0
Expected stock price volatility		24.8	%	23.4	%
Expected dividend yield		1.3	%	1.2	%
Risk-free interest rate		0.9	%	1.1	%

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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