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Separation Costs and Activities (Notes) | 9 Months Ended
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Sep. 30, 2015
Separation Costs and Activities [Abstract] |
Proposed Spin-off Transaction [Text Block] | Separation Costs and Activities On January 29, 2015, the company announced that its Board of Directors approved a plan to pursue a separation of the company’s Crane and Foodservice businesses into two independent, publicly-traded companies (the “separation”). The company currently anticipates effecting the separation through a tax-free spin-off of the Foodservice business and expects the separation to be completed in the first quarter of 2016. In April 2015, the company issued a total of 0.4 million restricted stock awards to employees as retention awards to provide additional incentive for the employees to continue in employment and contribute toward the successful completion of the separation. Under the retention agreements, each employee was granted restricted shares of common stock of the company that will vest on the second anniversary of the separation if the employee has been continuously employed with the company or an affiliate through that second anniversary; if the separation has not occurred by April 8, 2017, the awards will be forfeited. During the three and nine months ended September 30, 2015, the company recorded $10.0 million and $19.8 million, respectively, of separation costs consisting primarily of professional and consulting fees.

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