XML 97 R81.htm IDEA: XBRL DOCUMENT v3.3.1.900
Debt and Credit Facilities - Total Debt Outstanding (Parenthetical) (Detail) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Jun. 30, 2015
Debt Instrument [Line Items]      
Short-term borrowings $ 241.9 $ 143.3 [1],[2],[3]  
Cash held on deposit as compensating balance $ 56.0 $ 36.2  
Short-term Debt, Weighted Average Interest Rate 3.40% 6.10%  
Long-term Debt, Weighted Average Interest Rate 4.60% 5.20%  
U.S. Accounts Receivable Securitization Program [Member]      
Debt Instrument [Line Items]      
Short-term borrowings $ 67.0 $ 36.0  
European Accounts Receivable Securitization Program [Member]      
Debt Instrument [Line Items]      
Short-term borrowings 77.0    
Revolving Credit Facility [Member]      
Debt Instrument [Line Items]      
Short-term borrowings   23.0  
Line of Credit [Member]      
Debt Instrument [Line Items]      
Short-term borrowings 98.0 84.0  
Term Loan A Due July 2017 [Member]      
Debt Instrument [Line Items]      
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Consumer $ 0.2 $ 0.3  
Debt maturity month and year, Term loan 2017-07 2017-07  
Term Loan A Due July 2019 [Member]      
Debt Instrument [Line Items]      
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Consumer $ 8.1 $ 10.6  
Debt maturity month and year, Term loan 2019-07 2019-07  
Term loan facilities, prepayment due year 2016    
6.50% Senior Notes Due December 2020 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 6.50% 6.50%  
Debt maturity month and year, Senior notes 2020-12 2020-12  
8.375% Senior Notes Due September 2021 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 8.375% 8.375% 8.375%
Debt maturity month and year, Senior notes 2021-09 2021-09  
4.875% Senior Notes due December 2022 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 4.875% 4.875%  
Debt maturity month and year, Senior notes 2022-12 2022-12  
5.25% Senior Notes Due April 2023 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 5.25% 5.25%  
Debt maturity month and year, Senior notes 2023-04 2023-04  
4.50% Senior Notes due September 2023 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 4.50% 4.50% 4.50%
Debt maturity month and year, Senior notes 2023-09 2023-09  
5.125% Senior Notes due December 2024 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 5.125% 5.125%  
Debt maturity month and year, Senior notes 2024-12 2024-12  
5.50% Senior Notes due September 2025 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 5.50% 5.50% 5.50%
Debt maturity month and year, Senior notes 2025-09 2025-09  
6.875% Senior Notes Due July 2033 [Member]      
Debt Instrument [Line Items]      
Debt interest rate 6.875% 6.875%  
Debt maturity month and year, Senior notes 2033-07 2033-07  
Unamortized discount $ 1.3 $ 1.3  
[1] 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.
[2] 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.
[3] 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.