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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Sales Information By Reportable Segments

Segment results for the three and nine months ended September 30, 2016 and 2015 and assets as of September 30, 2016 and December 31, 2015 based on the Company’s reportable segments are as follows (in millions):

Three Months Ended September 30,		North America				South America				Europe/Africa/ Middle East				Asia/ Pacific				Consolidated
2016
Net sales		$	453.0			$	261.8			$	909.5			$	137.3			$	1,761.6
Income from operations		21.1				5.9				78.3				4.6				109.9
Depreciation		14.4				6.2				30.4				4.1				55.1
Capital expenditures		11.3				26.7				22.8				—				60.8
2015
Net sales		$	494.9			$	231.4			$	894.3			$	115.8			$	1,736.4
Income (loss) from operations		40.9				10.5				68.9				(2.5		)		117.8
Depreciation		16.0				4.9				29.5				3.4				53.8
Capital expenditures		10.3				7.4				18.4				9.7				45.8

Nine Months Ended September 30,		North America				South America				Europe/Africa/ Middle East				Asia/ Pacific				Consolidated
2016
Net sales		$	1,360.3			$	609.4			$	3,018.9			$	327.9			$	5,316.5
Income from operations		44.0				6.3				291.9				3.9				346.1
Depreciation		46.5				16.1				93.1				11.3				167.0
Capital expenditures		31.1				41.1				57.1				3.5				132.8
2015
Net sales		$	1,530.5			$	760.7			$	2,939.4			$	277.7			$	5,508.3
Income (loss) from operations		116.4				38.8				284.0				(25.4		)		413.8
Depreciation		46.5				16.4				89.9				9.2				162.0
Capital expenditures		36.3				17.4				65.7				27.7				147.1
Assets
As of September 30, 2016		$	1,006.1			$	707.9			$	2,039.7			$	410.0			$	4,163.7
As of December 31, 2015		$	943.7			$	490.0			$	1,757.2			$	346.3			$	3,537.2

Reconciliation of Income From Operations from Segment to Consolidated

A reconciliation from the segment information to the consolidated balances for income from operations and total assets is set forth below (in millions):

	Three Months Ended September 30,								Nine Months Ended September 30,
	2016				2015				2016				2015
Segment income from operations	$	109.9			$	117.8			$	346.1			$	413.8
Corporate expenses	(29.3		)		(24.7		)		(90.3		)		(81.1		)
Stock compensation expense	(7.2		)		(3.2		)		(18.0		)		(10.1		)
Restructuring expenses	(1.5		)		—				(5.5		)		(14.6		)
Amortization of intangibles	(12.9		)		(10.8		)		(35.3		)		(32.2		)
Consolidated income from operations	$	59.0			$	79.1			$	197.0			$	275.8

Reconciliation of Assets from Segment to Consolidated

	September 30, 2016				December 31, 2015
Segment assets	$	4,163.7			$	3,537.2
Cash and cash equivalents	297.8				426.7
Receivables from affiliates	61.3				70.1
Investments in affiliates	435.3				392.9
Deferred tax assets, other current and noncurrent assets	529.1				448.6
Intangible assets, net	637.1				507.7
Goodwill	1,416.7				1,114.5
Consolidated total assets	$	7,541.0			$	6,497.7

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

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