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Divestitures and Acquisitions - Additional Information (Detail)
€ in Millions, $ in Millions
3 Months Ended 12 Months Ended
Nov. 01, 2015
USD ($)
Nov. 01, 2015
EUR (€)
Apr. 02, 2015
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2016
EUR (€)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Nov. 02, 2015
USD ($)
Divestitures And Acquisitions Disclosure [Line Items]                                
Proceeds from sale of businesses                       $ 7.8   $ 94.6 [1],[2]    
Gain (loss) on sale of business                       (1.8)   13.4    
Net sales       $ 1,744.1 $ 1,716.6 $ 1,727.0 $ 1,590.6 $ 1,753.9 [3] $ 1,746.2 $ 1,785.0 $ 1,746.4 6,778.3   7,031.5 $ 7,750.5  
Earnings before income tax provision                       565.9   425.9 267.2  
Goodwill       2,855.6       2,909.5 [4],[5]       2,855.6   2,909.5 [4],[5]    
Intellibot Robotics Limited Liability Company [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Purchase price of acquisition                     17.9          
Cash paid for acquisition                     8.5          
Fair value of contingent consideration       $ 7.3       $ 9.8     9.4 $ 7.3   9.8    
Goodwill deductable for tax purpose                     6.6          
Fair value of identifiable net assets                     $ 11.0          
Rate of goodwill deductible for tax purpose                     100.00%          
Business acquisition contingent consideration payable period                       10 years 10 years      
Intellibot Robotics Limited Liability Company [Member] | Selling, General and Administrative Expenses [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Change in fair value recognized in selling, general and administrative expense.                       $ 2.2   0.5    
B+ Equipment [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Purchase price of acquisition                 19.0              
Fair value of identifiable net assets                 $ 15.3              
Rate of goodwill deductible for tax purpose                 0.00%              
Percentage of acquired equity interest                 100.00%              
Goodwill                 $ 6.4              
North American Foam Trays and Absorbent Pads [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Disposal date                       Apr. 01, 2015 Apr. 01, 2015      
Proceeds from sale of businesses     $ 75.6                          
Purchase price adjustments     5.9                          
Transaction costs                       $ 7.2   7.0    
Additional transaction costs                       $ 0.2        
European Food Trays [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Disposal date                       Nov. 01, 2015 Nov. 01, 2015      
Proceeds from sale of businesses $ 19.0 € 17.6                   $ 17.7 € 16.5      
Purchase price adjustments $ 1.9 € 1.7                            
Net sales                           48.7 70.9  
Earnings before income tax provision                           6.9 5.2  
Disposal Group, Not Discontinued Operations [Member] | North American Foam Trays and Absorbent Pads [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Gain (loss) on sale of business                       (26.3)   (26.5)    
Net sales                           52.9 213.9  
Earnings before income tax provision                           10.3 $ 37.4  
Goodwill     $ 6.9                          
Disposal Group, Not Discontinued Operations [Member] | European Food Trays [Member]                                
Divestitures And Acquisitions Disclosure [Line Items]                                
Gain (loss) on sale of business                       $ (1.6)   $ (13.1)    
Goodwill                               $ 1.5
[1] Certain amounts related to external payment terms were misclassified in the Consolidated Balance Sheet as of December 31, 2015 and 2014. The revision of this item resulted in a decrease in accounts payable and an increase in short-term borrowings in each year. Additionally, due to changes in the accounting treatment of a factoring agreement the Company reclassified amounts from cash and cash equivalents to other receivables for the years ended December 31, 2015 and 2014. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” of the Notes to Consolidated Financial Statements under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[2] During the first quarter of 2015, the Company received the tax refund of $235.2 million related to the Settlement agreement payment. During the first quarter of 2014, we used $929.7 million of cash to fund the cash portion of the Settlement agreement and related accrued interest. We recorded an excess tax benefit of $46.2 million as an out-of-period adjustment in December 2015 and $37.7 million in December 2014 related to the 18 million shares of Common Stock issued in connection with the Settlement agreement. See Note 16 “Income Taxes” of the Notes to Consolidated Financial Statements for further discussion of the out-of-period adjustment.
[3] During the fourth quarter of 2015, adjustments were made to prior year provisions which resulted in an increase in earnings per share. Refer to Note 16 “Income Taxes” of the Notes to Consolidated Financial Statements for further information.
[4] As of January 1, 2016, we have adopted ASU 2015-03 and ASU 2015-15 with retrospective application. This resulted in a reclassification from other non-current assets to long-term debt, less current portion for debt issuance costs as of December 31, 2015. Refer to Note 2, “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” of the Notes to the Consolidated Financial Statements for further details.
[5] Property and equipment, net, and other non-current liabilities as of December 31, 2015, have been revised to properly reflect asset retirement obligations. This resulted in an increase to property and equipment, net and other non-current liabilities of $15.0 million. Certain amounts related to external payment terms were misclassified in the Consolidated Balance Sheet. The revision of this item resulted in a decrease in accounts payable and an increase in short-term borrowings of $6.3 million as of December 31, 2015. Additionally, due to changes in the accounting treatment of a factoring agreement the Company reclassified $6.7 million from cash and cash equivalents to other receivables. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” of the Notes to Consolidated Financial Statements under the heading “Reclassifications and Revisions” for further discussion of the revisions.