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Basis of Presentation and Accounting Policies
6 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Basis of Presentation and Accounting Policies
Basis of Presentation and Accounting Policies

Basis of Presentation
 
Certain information and footnote disclosures normally included in the financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, although we believe that the disclosures are adequate to make the information presented not misleading. These Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements included in our 2014 Annual Report to Shareholders.
 
The information furnished reflects all adjustments that, in the opinion of management, were necessary for a fair statement of the results of operations for the periods presented. Such adjustments were of a normal recurring nature, unless otherwise disclosed.
 
Subsequent Events
 
In June 2015, we entered into an agreement to acquire 7S Group GmbH (“7S”). Based primarily in Germany, 7S is a specialized provider of human resource services focusing on a number of core sectors including skilled trades, engineering and information technology (IT). Under the terms of the agreement, the purchase price is approximately $144.9 (€136.5) with an earn-out opportunity based upon 2015 results from operations. The closing of the agreement is subject to German regulatory approval. The acquisition is expected to be completed later this year.

We entered into an agreement, effective in July 2015, to sell a portion of our French payroll tax credits earned in 2014 for net proceeds of approximately $130.0 (€120.1). We will derecognize this receivable upon the sale date as the terms of the agreement are such that the transaction qualifies for sale treatment according to the accounting guidance on the transfer and servicing of assets.

We have evaluated events and transactions occurring after the balance sheet date through our filing date and noted no other events that are subject to recognition or disclosure.