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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Sales Information By Reportable Segments

Segment results for the three and six months ended June 30, 2017 and 2016 and assets as of June 30, 2017 and December 31, 2016 based on the Company’s reportable segments are as follows (in millions):

Three Months Ended June 30,		North America				South America				Europe/ Middle East				Asia/ Pacific/Africa				Consolidated
2017
Net sales		$	478.8			$	251.9			$	1,269.5			$	165.0			$	2,165.2
Income from operations		23.0				2.6				172.4				5.7				203.7
Depreciation		15.7				7.9				28.0				3.0				54.6
Capital expenditures		9.1				8.4				15.5				2.2				35.2
2016
Net sales		$	498.9			$	203.4			$	1,168.0			$	125.3			$	1,995.6
Income from operations		23.6				—				143.5				2.0				169.1
Depreciation		16.5				5.3				30.4				4.2				56.4
Capital expenditures		8.4				8.2				18.1				1.6				36.3

Six Months Ended June 30,		North America				South America				Europe/ Middle East				Asia/ Pacific/Africa				Consolidated
2017
Net sales		$	861.4			$	474.1			$	2,162.0			$	295.3			$	3,792.8
Income from operations		25.5				4.8				237.7				7.8				275.8
Depreciation		29.9				14.7				56.7				7.6				108.9
Capital expenditures		31.1				20.1				36.5				4.6				92.3
2016
Net sales		$	907.3			$	347.6			$	2,067.1			$	232.9			$	3,554.9
Income from operations		22.9				0.4				211.6				1.3				236.2
Depreciation		32.1				9.9				61.2				8.7				111.9
Capital expenditures		19.8				14.4				33.6				4.2				72.0
Assets
As of June 30, 2017		$	1,015.1			$	806.6			$	2,016.9			$	468.7			$	4,307.3
As of December 31, 2016		$	978.5			$	739.4			$	1,635.2			$	426.3			$	3,779.4

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 June 30,								Six Months Ended June 30,
	2017				2016				2017				2016
Segment income from operations	$	203.7			$	169.1			$	275.8			$	236.2
Corporate expenses	(31.3		)		(31.3		)		(57.9		)		(61.0		)
Stock compensation expense	(9.8		)		(5.7		)		(21.2		)		(10.8		)
Restructuring expenses	(0.4		)		(2.1		)		(5.5		)		(4.0		)
Amortization of intangibles	(13.8		)		(11.4		)		(27.2		)		(22.4		)
Consolidated income from operations	$	148.4			$	118.6			$	164.0			$	138.0

Reconciliation of Assets from Segment to Consolidated

	June 30, 2017				December 31, 2016
Segment assets	$	4,307.3			$	3,779.4
Cash and cash equivalents	317.8				429.7
Investments in affiliates	441.2				414.9
Deferred tax assets, other current and noncurrent assets	607.2				560.7
Intangible assets, net	596.0				607.3
Goodwill	1,423.0				1,376.4
Consolidated total assets	$	7,692.5			$	7,168.4

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- 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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