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Equity (Tables) | 12 Months Ended
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Dec. 31, 2016
Equity [Abstract] |
Schedule of Components of Other Comprehensive Income (Loss) | The components of accumulated other comprehensive income (loss) as of December 31, 2016 and 2015 are as follows:
(in millions) |  | 2016 |  | 2015
Foreign currency translation |  | $ | (110.8 | ) |  | $ | (121.4 | )
Derivative instrument fair market value, net of income taxes of $(0.3) and $(2.2) |  | (0.3 | ) |  | (3.8 | )
Employee pension and postretirement benefit adjustments, net of income taxes of $(19.0) and $(35.2) |  | (51.8 | ) |  | (82.6 | )
|  | $ | (162.9 | ) |  | $ | (207.8 | )
A reconciliation for the changes in accumulated other comprehensive income (loss), net of tax, by component for the year ended December 31, 2015 and December 31, 2016 is as follows:
(in millions) |  | Gains and Losses on Cash Flow Hedges |  | Pension & Postretirement |  | Foreign Currency Translation |  | Total
Balance at December 31, 2014 |  | $ | (6.3 | ) |  | $ | (95.0 | ) |  | $ | (29.2 | ) |  | $ | (130.5 | )
Other comprehensive loss before reclassifications |  | 14.0 |  |  | 17.9 |  |  | (92.2 | ) |  | (60.3 | )
Amounts reclassified from accumulated other comprehensive income |  | (11.5 | ) |  | (5.5 | ) |  | — |  |  | (17.0 | )
Net current period other comprehensive income |  | 2.5 |  |  | 12.4 |  |  | (92.2 | ) |  | (77.3 | )
Balance at December 31, 2015 |  | (3.8 | ) |  | (82.6 | ) |  | (121.4 | ) |  | (207.8 | )
Other comprehensive loss before reclassifications |  | (2.9 | ) |  | (8.6 | ) |  | (20.4 | ) |  | (31.9 | )
Amounts reclassified from accumulated other comprehensive income |  | 4.3 |  |  | 4.5 |  |  | — |  |  | 8.8 |
Net current period other comprehensive loss |  | 1.4 |  |  | (4.1 | ) |  | (20.4 | ) |  | (23.1 | )
Distribution of MFS |  | 2.1 |  |  | 34.9 |  |  | 31.0 |  |  | 68.0 |
Balance at December 31, 2016 |  | $ | (0.3 | ) |  | $ | (51.8 | ) |  | $ | (110.8 | ) |  | $ | (162.9 | )
Reconciliation for the Reclassifications Out of Accumulated Other Comprehensive Income, Net of Tax | A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2016 is as follows:
(in millions) |  | Amount Reclassified from Accumulated Other Comprehensive Income |  | Recognized Location
Gains and losses on cash flow hedges |  |  |  |
Foreign exchange contracts |  | $ | (0.9 | ) |  | Cost of sales
Commodity contracts |  | (0.2 | ) |  | Cost of sales
Interest rate swap contracts: Float-to-fixed |  | (4.3 | ) |  | Interest expense
|  | (5.4 | ) |  | Total before tax
|  | 1.1 |  |  | Tax benefit
|  | $ | (4.3 | ) |  | Net of tax
Amortization of pension and postretirement items |  |  |  |
Actuarial losses |  | $ | (4.6 | ) | (a) |
Amortization of prior service cost |  | (0.1 | ) | (a) |
|  | (4.7 | ) |  | Total before tax
|  | 0.2 |  |  | Tax benefit
|  | $ | (4.5 | ) |  | Net of Tax
Total reclassifications for the period |  | $ | (8.8 | ) |  | Net of Tax
(a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 21, “Employee Benefit Plans,” for further details).
A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2015 is as follows:
(in millions) |  | Amount Reclassified from Accumulated Other Comprehensive Income |  | Recognized Location
Gains and losses on cash flow hedges |  |  |  |
Foreign exchange contracts |  | $ | (11.7 | ) |  | Cost of sales
Commodity contracts |  | (4.0 | ) |  | Cost of sales
Interest rate swap contracts: Float-to-fixed |  | (2.6 | ) |  | Interest expense
|  | (18.3 | ) |  | Total before tax
|  | 6.8 |  |  | Tax expense
|  | $ | (11.5 | ) |  | Net of tax
Amortization of pension and postretirement items |  |  |  |
Actuarial losses |  | $ | (7.5 | ) | (a) |
Amortization of prior service cost |  | (0.1 | ) | (a) |
|  | (7.6 | ) |  | Total before tax
|  | 2.1 |  |  | Tax benefit
|  | $ | (5.5 | ) |  | Net of Tax
Total reclassifications for the period |  | $ | (17.0 | ) |  | Net of Tax
(a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 21, “Employee Benefit Plans,” for further details).
A reconciliation for the reclassifications out of accumulated other comprehensive income, net of tax, for the year ended December 31, 2014 is as follows:
(in millions) |  | Amount Reclassified from Accumulated Other Comprehensive Income |  | Recognized Location
Gains and losses on cash flow hedges |  |  |  |
Foreign exchange contracts |  | $ | (2.2 | ) |  | Cost of sales
Commodity contracts |  | (0.1 | ) |  | Cost of sales
Interest rate swap contracts: Float-to-fixed |  | (1.8 | ) |  | Interest expense
|  | (4.1 | ) |  | Total before tax
|  | 1.5 |  |  | Tax expense
|  | $ | (2.6 | ) |  | Net of tax
Amortization of pension and postretirement items |  |  |  |
Actuarial losses |  | $ | (4.3 | ) | (a) |
Amortization of prior service cost |  | 0.2 |  | (a) |
|  | (4.1 | ) |  | Total before tax
|  | 1.0 |  |  | Tax benefit
|  | $ | (3.1 | ) |  | Net of Tax
Total reclassifications for the period |  | $ | (5.7 | ) |  | Net of Tax
(a) These other comprehensive income components are included in the computation of net periodic pension cost (see Note 21, “Employee Benefit Plans,” for further details).

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