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Accumulated Other Comprehensive Income (Loss) - Details of Comprehensive Income (Loss) (Detail) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Accumulated Other Comprehensive Income Loss [Line Items]      
Accumulated Other Comprehensive Income (loss), Net of Taxes, beginning balance [1] $ (613.8) [2],[3],[4],[5] $ (277.4)  
Other comprehensive income (loss) before reclassifications (182.0) (334.8)  
Less: amounts reclassified from accumulated other comprehensive income (loss) (24.2) (1.6)  
Other comprehensive (loss) income, net of taxes (206.2) (336.4) [6] $ (112.5) [6]
Accumulated Other Comprehensive Income (loss), Net of Taxes ending balance [1] (820.0) [5] (613.8) [2],[3],[4],[5] (277.4)
Unrecognized Pension Items      
Accumulated Other Comprehensive Income Loss [Line Items]      
Accumulated Other Comprehensive Income (loss), Net of Taxes, beginning balance [1] (250.1) [5] (143.3)  
Other comprehensive income (loss) before reclassifications (22.8) (115.5)  
Less: amounts reclassified from accumulated other comprehensive income (loss) 6.9 8.7  
Other comprehensive (loss) income, net of taxes (15.9) (106.8)  
Accumulated Other Comprehensive Income (loss), Net of Taxes ending balance [1] (266.0) [5] (250.1) [5] (143.3)
Cumulative Translation Adjustment      
Accumulated Other Comprehensive Income Loss [Line Items]      
Accumulated Other Comprehensive Income (loss), Net of Taxes, beginning balance [1] (369.9) [5] (137.7)  
Other comprehensive income (loss) before reclassifications (194.1) (232.2)  
Other comprehensive (loss) income, net of taxes (194.1) (232.2)  
Accumulated Other Comprehensive Income (loss), Net of Taxes ending balance [1] (564.0) [5] (369.9) [5] (137.7)
Unrecognized Gains (Losses) on Derivative Instruments | Net Investment Hedge [Member]      
Accumulated Other Comprehensive Income Loss [Line Items]      
Other comprehensive income (loss) before reclassifications 1.7    
Other comprehensive (loss) income, net of taxes 1.7    
Accumulated Other Comprehensive Income (loss), Net of Taxes ending balance [1],[5] 1.7    
Unrecognized Gains (Losses) on Derivative Instruments | Cash Flow Hedge [Member]      
Accumulated Other Comprehensive Income Loss [Line Items]      
Accumulated Other Comprehensive Income (loss), Net of Taxes, beginning balance [1] 6.2 [5] 3.6  
Other comprehensive income (loss) before reclassifications 33.2 12.9  
Less: amounts reclassified from accumulated other comprehensive income (loss) (31.1) (10.3)  
Other comprehensive (loss) income, net of taxes 2.1 2.6  
Accumulated Other Comprehensive Income (loss), Net of Taxes ending balance [1] $ 8.3 [5] $ 6.2 [5] $ 3.6
[1] (1) For the years ended December 31, 2014 and December 31, 2013, certain foreign currency translation adjustments were misclassified within Accumulated Other Comprehensive Loss (“AOCI”) on the Consolidated Balance Sheet. Refer Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[2] As of December 31, 2015, we have adopted ASU 2015-17 which resulted in a decrease in deferred tax assets of $105.6 million, an increase in non-current deferred tax assets of $17.0 million, a decrease in current deferred tax liabilities of $4.8 million and a decrease in non-current deferred tax liabilities of $83.8 million as of December 31, 2014.
[3] During the fourth quarter of 2015, we completed the sale of our European food trays business. During the fourth quarter of 2015, the assets and liabilities met the criteria of held for sale classification. Accordingly, we reclassified $37 million of assets and $7 million of liabilities as held for sale as of December 31, 2014. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details. Certain foreign currency translation adjustments were misclassified within the components of Accumulated Other Comprehensive Income on the Consolidated Balance Sheets. Additionally, we reclassified $13 million from accounts payable to short-term borrowings related to extended payment terms on a vendor agreement and $36 million from cash to other assets related to cash used as collateral for borrowing agreements. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[4] During the second quarter of 2015, we completed the sale of our North American foam trays and absorbent pads business. During the first quarter of 2015, the assets and liabilities met the criteria of held for sale classification. Accordingly, we reclassified $42 million of assets and $6 million of liabilities as held for sale as of December 31, 2014. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details.
[5] The ending balance in AOCI includes gains and losses on intra-entity foreign currency transactions. The intra-entity currency translation adjustment was $31.1 million as of December 31, 2015 and $58.9 million as of December 31, 2014.
[6] For the years ended December 31, 2014 and December 31, 2013, certain foreign currency translation adjustments were misclassified on the Consolidated Statements of Comprehensive Income (Loss) in deferred pension items and unrealized losses on cash flow hedge derivative instruments. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” under the heading “Reclassifications and Revisions” for further discussion of the revisions.