DEI Document - USD ($) shares in Millions, $ in Billions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Jan. 31, 2017 |
Jun. 30, 2016 |
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| Document Information [Line Items] | |||
| Entity Registrant Name | NEWELL BRANDS INC | ||
| Trading Symbol | nwl | ||
| Entity Central Index Key | 0000814453 | ||
| Current Fiscal Year End Date | --12-31 | ||
| Entity Filer Category | Large Accelerated Filer | ||
| Document Type | 10-K | ||
| Document Period End Date | Dec. 31, 2016 | ||
| Document Fiscal Year Focus | 2016 | ||
| Document Fiscal Period Focus | FY | ||
| Amendment Flag | false | ||
| Entity Common Stock, Shares Outstanding | 482.4 | ||
| Entity Well-known Seasoned Issuer | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Current Reporting Status | Yes | ||
| Entity Public Float | $ 23.1 |
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- Definition If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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- Definition End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
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- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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- Definition Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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- Definition State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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- Definition Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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- Definition Trading symbol of an instrument as listed on an exchange. No definition available.
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- Definition Interest and Other Income Expense [Abstract] No definition available.
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- Definition The aggregate amount of cost of borrowed funds accounted for as interest that was charged against earnings during the period, net of income derived from cash and cash equivalents the earnings of which reflect the time value of money, and other (income) expense from ancillary business-related activities, excluding those considered part of the normal operations of the business that have not been previously categorized. No definition available.
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- Definition Weighted Average Number Basic And Diluted, Shares Outstanding [Abstract] No definition available.
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- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Interest and debt related expenses associated with nonoperating financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Statements Of Operations (Parenthetical) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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| Interest Income, Nonoperating | $ 3.8 | $ 8.2 | $ 3.9 |
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- Definition Interest income attributable to non-opearting activities of the entity. No definition available.
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Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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| Net Income | $ 527.8 | $ 350.0 | $ 377.8 | ||
| Other Comprehensive (Loss) Income, Foreign Currency Transaction and Translation Adjustment, Net of Tax | (196.2) | (123.9) | (126.3) | ||
| Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax | 22.3 | 89.4 | (28.4) | ||
| Other Comprehensive (Loss) Income, Derivatives Qualifying as Hedges, Net of Tax | (37.1) | (4.9) | 5.5 | ||
| Other Comprehensive (Loss) Income, Net of Tax | (211.0) | (39.4) | (149.2) | ||
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | [1] | $ 316.8 | $ 310.6 | $ 228.6 | |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, including accrued salaries, accrued vacation, bonuses, and payroll taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). No definition available.
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards classified as current. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of expenses incurred but not yet paid classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities classified as other, due after one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
|---|---|---|
| Allowance for Doubtful Accounts Receivable, Current | $ 38.5 | $ 22.0 |
| Common Stock, Par or Stated Value Per Share | $ 1.00 | $ 1.00 |
| Common Stock, Shares Authorized | 800,000,000 | 800,000,000 |
| Common Stock, Shares, Issued | 504,800,000 | 287,500,000 |
| Preferred Stock, Par or Stated Value Per Share | $ 1.00 | $ 1.00 |
| Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 |
| Preferred Stock, Shares Issued | 0 | 0 |
| Preferred Stock, Shares Outstanding | 0 | 0 |
| Treasury Stock, Shares | 22,300,000 | 20,300,000 |
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- Definition A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Face amount or stated value per share of common stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Non-cash portion of amounts charged against earnings in the period for incurred and estimated costs associated with exits from business activities, disposals of assets, and restructurings pursuant to a program that is planned and controlled by management, and materially changes either the scope of a business undertaken by an entity or the manner in which that business is conducted. No definition available.
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| X | ||||||||||
- Definition Payments for Repurchase of Common Stock - stock-based compensation related No definition available.
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Reduction in cash due to no longer including the former subsidiary's cash in the consolidated entity's cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount before tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Fair value of equity issued in a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of cash inflow from realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments in excess of the compensation cost for those instruments recognized for financial reporting purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of increase (decrease) in operating assets after deduction of operating liabilities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The amount of debt that an Entity assumes in acquiring a business or in consideration for an asset received in a noncash (or part noncash) acquisition. Noncash is defined as transactions during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of cash (inflow) outflow from investing activities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of cash inflow (outflow) from financing activities classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate cash proceeds received from a combination of transactions in which noncurrent assets are sold, which may include the sale of a business, an investment in an affiliate (including an equity method investee), property, plant and equipment and intangible assets. Excludes sales of trading, available-for-sale, and held-to-maturity securities. No definition available.
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| X | ||||||||||
- Definition Amount of cash outflow for the payment of debt classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Details
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Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions |
Total |
Common Stock [Member] |
Treasury Stock [Member] |
Additional Paid-in Capital [Member] |
Retained Earnings [Member] |
Accumulated Other Comprehensive Income (Loss) [Member] |
Stockholders' Equity Attributable to Parent [Member] |
Noncontrolling Interest [Member] |
|||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2013 | $ 2,075.0 | $ 297.5 | $ (477.2) | $ 654.3 | $ 2,242.1 | $ (645.2) | $ 2,071.5 | $ 3.5 | |||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 228.6 | [1] | 0.0 | 0.0 | 0.0 | 377.8 | (149.2) | 228.6 | 0.0 | ||
| Cash dividends on common stock | (182.5) | 0.0 | 0.0 | 0.0 | (182.5) | 0.0 | (182.5) | 0.0 | |||
| Stock-based compensation and other | 97.0 | 4.5 | (15.9) | 109.7 | (1.3) | 0.0 | 97.0 | 0.0 | |||
| Stock Repurchased and Retired During Period, Value | (363.2) | (13.3) | 0.0 | (25.0) | (324.9) | 0.0 | (363.2) | 0.0 | |||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2014 | 1,854.9 | 288.7 | (493.1) | 739.0 | 2,111.2 | (794.4) | 1,851.4 | 3.5 | |||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 310.6 | [1] | 0.0 | 0.0 | 0.0 | 350.0 | (39.4) | 310.6 | 0.0 | ||
| Cash dividends on common stock | (206.3) | 0.0 | 0.0 | 0.0 | (206.3) | 0.0 | (206.3) | 0.0 | |||
| Stock-based compensation and other | 47.6 | 3.3 | (30.0) | 74.2 | 0.1 | 0.0 | 47.6 | 0.0 | |||
| Stock Repurchased and Retired During Period, Value | (180.4) | (4.5) | 0.0 | (11.8) | (164.1) | 0.0 | (180.4) | 0.0 | |||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2015 | 1,826.4 | 287.5 | (523.1) | 801.4 | 2,090.9 | (833.8) | 1,822.9 | 3.5 | |||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 316.8 | [1] | 0.0 | 0.0 | 0.0 | 527.8 | (211.0) | 316.8 | 0.0 | ||
| Cash dividends on common stock | (328.6) | 0.0 | 0.0 | 0.0 | (328.6) | 0.0 | (328.6) | 0.0 | |||
| Stock-based compensation and other | 89.5 | 3.4 | (22.2) | 76.4 | (0.2) | 0.0 | 57.4 | 32.1 | |||
| Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | 9,480.3 | 213.9 | 0.0 | 9,266.4 | 0.0 | 0.0 | 9,480.3 | 0.0 | |||
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2016 | $ 11,384.4 | $ 504.8 | $ (545.3) | $ 10,144.2 | $ 2,289.9 | $ (1,044.8) | $ 11,348.8 | $ 35.6 | |||
| |||||||||||
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- Definition Amount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy. No definition available.
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Basis Of Presentation And Significant Accounting Policies |
12 Months Ended |
|---|---|
Dec. 31, 2016 | |
| Basis Of Presentation And Significant Accounting Policies [Abstract] | |
| Basis Of Presentation And Significant Accounting Policies | Description of Business and Significant Accounting Policies Description of Business Newell Brands is a global marketer of consumer and commercial products that help people get more out of life every day, where they live, learn, work and play. Our products are marketed under a strong portfolio of leading brands, including Paper Mate®, Sharpie®, Dymo®, Expo®, Parker®, Elmer’s®, Coleman®, Jostens®, Marmot®, Rawlings®, Irwin®, Lenox®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, Rubbermaid Commercial Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, First Alert®, Waddington and Yankee Candle®. The Company’s multi-product offering consists of well-known, name brand consumer and commercial products in nine business segments: Writing, Home Solutions, Tools, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. During 2014, the Company’s Endicia® and Culinary electrics and retail businesses were classified as discontinued operations based on the Company’s commitment in 2014 to sell the businesses. The Company completed the sale of Endicia in November 2015 and ceased operations in its Culinary electrics and retail businesses in the first quarter of 2015. Principles of Consolidation The consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and variable interest entities where the Company is the primary beneficiary, after elimination of intercompany transactions and balances. Use of Estimates The preparation of these consolidated financial statements requires the use of certain estimates by management in determining the Company’s assets, liabilities, sales and expenses, and related disclosures. Actual results could differ from those estimates. Other Items The Company holds a 29% investment in Sprue Aegis (“Sprue”). During the year ended December 31, 2016, the Company’s related party sales to Sprue were $23.2 million. During the year ended December 31, 2016, the income attributable to noncontrolling interests was $2.0 million. Concentration of Credit Risk The Company sells products to customers in diversified industries and geographic regions and, therefore, has no significant concentrations of credit risk. The Company continuously evaluates the creditworthiness of its customers and generally does not require collateral. The Company evaluates the collectibility of accounts receivable based on a combination of factors. When aware of a specific customer’s inability to meet its financial obligations, such as in the case of bankruptcy filings or deterioration in the customer’s operating results or financial position, the Company records a specific reserve for bad debt to reduce the related receivable to the amount the Company reasonably believes is collectible. The Company also records reserves for bad debt for all other customers based on a variety of factors, including the length of time the receivables are past due and historical collection experience. Accounts are also reviewed for potential write-off on a case-by-case basis. Accounts deemed uncollectible are written off, net of expected recoveries. If circumstances related to specific customers change, the Company’s estimates of the recoverability of receivables could be further adjusted. The Company’s forward exchange contracts do not subject the Company to risk due to foreign exchange rate movement, because gains and losses on these instruments generally offset gains and losses on the assets, liabilities and other transactions being hedged. The Company is exposed to credit-related losses in the event of non-performance by counterparties to certain derivative financial instruments. The Company does not obtain collateral or other security to support derivative financial instruments subject to credit risk, but monitors the credit standing of the counterparties. Sales Recognition and Customer Programs Sales of merchandise and freight billed to customers are recognized when title passes and all substantial risks of ownership change, which generally occurs either upon shipment or upon delivery based upon contractual terms. Sales are net of provisions for cash discounts, returns, customer discounts (such as volume or trade discounts), cooperative advertising and other sales-related discounts and programs. Under customer programs and arrangements that require sales incentives to be paid in advance, the Company amortizes the amount paid over the period of benefit or contractual sales volume. When incentives are paid in arrears, the Company accrues the estimated amount to be paid based on the program’s contractual terms, expected customer performance and/or estimated sales volume. The aggregate cost of customer discounts (primarily volume discounts) and cooperative advertising, which are included as a reduction in net sales, was $1,144.3 million, $659.3 million and $594.2 million in 2016, 2015 and 2014, respectively. The Company sells gift cards to customers in its retail stores, third-party retail stores and through consumer direct operations. Gift cards do not have an expiration date. At the point of sale of a gift card, the Company records deferred revenue. Gift card revenue is recognized when the gift card is redeemed by the customer or the likelihood of the gift card being redeemed by the customer is remote (“gift card breakage”). Gift card breakage income is recognized in proportion to the actual redemption of gift cards based on the Company's historical redemption pattern and is included in net sales in the Company’s consolidated statements of operations. Cash and Cash Equivalents Cash and cash equivalents include cash on hand and highly liquid investments that have a maturity of three months or less when purchased. Inventories Inventories are stated at the lower of cost or market value using the last-in, first-out (LIFO) or first-in, first-out (FIFO) methods (see Footnote 6 for additional information). The Company reduces its inventory value for estimated obsolete and slow-moving inventory in an amount equal to the difference between the cost of inventory and the net realizable value based upon estimates about future demand and market conditions. As of December 31, 2016 and 2015, the Company’s reserves for excess and obsolete inventory and shrink totaled $45.9 million and $32.9 million, respectively. If actual market conditions are less favorable than those projected by management, additional inventory write-downs may be required. Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are expensed as incurred. Depreciation expense is calculated principally on the straight-line basis. Useful lives determined by the Company are as follows: buildings and improvements (20-40 years) and machinery and equipment (3-15 years). Goodwill and Other Indefinite-Lived Intangible Assets The Company conducts its annual test for impairment of goodwill and indefinite-lived intangible assets in the third quarter because it coincides with its annual strategic planning process. The Company evaluates goodwill for impairment annually at the reporting unit level. The Company also tests for impairment if events and circumstances indicate that it is more likely than not that the fair value of a reporting unit is below its carrying amount. If the carrying amount of the reporting unit is greater than the fair value, impairment may be present. The Company assesses the fair value of each reporting unit for its goodwill impairment test based on a discounted cash flow model, an earnings multiple or an actual sales offer received from a prospective buyer, if available. Estimates critical to the Company’s fair value estimates using earnings multiples include the projected financial performance of the reporting unit and the applicable earnings multiple. Estimates critical to the Company’s fair value estimates under the discounted cash flow model include projected financial performance and cash flows of the reporting unit, the discount rate, long-term sales growth rate, product costs and the working capital investment required. The Company measures the amount of any goodwill impairment based upon the estimated fair value of the underlying assets and liabilities of the reporting unit, including any unrecognized intangible assets, and estimates the implied fair value of goodwill. An impairment charge is recognized to the extent the recorded goodwill exceeds the implied fair value of goodwill. The Company evaluates indefinite-lived intangible assets (primarily trademarks and trade names) for impairment annually. The Company also tests for impairment if events and circumstances indicate that it is more likely than not that the fair value of an indefinite-lived intangible asset is below its carrying amount. Estimates critical to the Company’s evaluation of indefinite-lived intangible assets for impairment include the discount rate, royalty rates used in its evaluation of trade names, projected average revenue growth and projected long-term growth rates in the determination of terminal values. An impairment charge is recorded if the carrying amount of an indefinite-lived intangible asset exceeds the estimated fair value on the measurement date. See Footnote 8 for additional detail on goodwill and other intangible assets. Other Long-Lived Assets The Company tests its other long-lived assets for impairment in accordance with relevant authoritative guidance. The Company evaluates if impairment indicators related to its property, plant and equipment and other long-lived assets are present. These impairment indicators may include a significant decrease in the market price of a long-lived asset or asset group, a significant adverse change in the extent or manner in which a long-lived asset or asset group is being used or in its physical condition, or a current period operating or cash flow loss combined with a history of operating or cash flow losses or a forecast that demonstrates continuing losses associated with the use of a long-lived asset or asset group. If impairment indicators are present, the Company estimates the future cash flows for the asset or group of assets. The sum of the undiscounted future cash flows attributable to the asset or group of assets is compared to their carrying amount. The cash flows are estimated utilizing various projections of sales and expenses, working capital and proceeds from asset disposals on a basis consistent with the strategic plan. If the carrying amount exceeds the sum of the undiscounted future cash flows, the Company determines the assets’ fair value by discounting the future cash flows using a discount rate required for a similar investment of like risk and records an impairment charge as the difference between the fair value and the carrying value of the asset group. Generally, the Company performs its testing of the asset group at the product-line level, as this is the lowest level for which identifiable cash flows are available. Shipping and Handling Costs The Company records shipping and handling costs as a component of cost of products sold. Product Liability Reserves The Company has a self-insurance program for product liability that includes reserves for self-retained losses and certain excess and aggregate risk transfer insurance. The Company uses historical loss experience combined with actuarial evaluation methods, review of significant individual files and the application of risk transfer programs in determining required product liability reserves. The Company’s actuarial evaluation methods take into account claims incurred but not reported when determining the Company’s product liability reserve. While the Company believes that it has adequately reserved for these claims, the ultimate outcome of these matters may exceed the amounts recorded by the Company, and such additional losses may be material to the Company’s Consolidated Financial Statements. Product Warranties In the normal course of business, the Company offers warranties for a variety of its products. The specific terms and conditions of the warranties vary depending upon the specific product and markets in which the products were sold. The Company accrues for the estimated cost of product warranty at the time of sale based on historical experience. Advertising Costs The Company expenses production costs of print, radio, television and other advertisements as of the first date the advertisements take place, and the Company expenses all other advertising and marketing costs when incurred. Advertising and promotion costs are recorded in selling, general and administrative expenses and totaled $431.0 million, $213.9 million and $188.5 million in 2016, 2015 and 2014, respectively. Research and Development Costs Research and development costs relating to both future and current products are charged to selling, general and administrative expenses as incurred. These costs totaled $188.2 million, $112.6 million and $107.5 million in 2016, 2015 and 2014, respectively. Derivative Financial Instruments Derivative financial instruments are generally used to manage certain commodity, interest rate and foreign currency risks. These instruments primarily include interest rate swaps, forward starting interest rate swaps, forward exchange contracts and options. The Company’s forward exchange contracts and options do not subject the Company to exchange rate risk because gains and losses on these instruments generally offset gains and losses on the assets, liabilities and other transactions being hedged. However, these instruments, when settled, impact the Company’s cash flows from operations to the extent the underlying transaction being hedged is not simultaneously settled due to an extension, a renewal or otherwise. On the date when the Company enters into a derivative, the derivative is designated as a hedge of the identified exposure. The Company measures effectiveness of its hedging relationships both at hedge inception and on an ongoing basis. Foreign Currency Operations Assets and liabilities of foreign subsidiaries are translated into U.S. Dollars at the rates of exchange in effect at year-end. The related translation adjustments are made directly to accumulated other comprehensive income (loss). Income and expenses are translated at the average monthly rates of exchange in effect during the year. Foreign currency transaction gains and losses are included in the results of operations and are generally classified in Other (income) expense, net, in the Consolidated Statement of Operations. Foreign currency transaction net losses for 2016, 2015 and 2014 were $2.2 million, $17.9 million and $48.9 million, respectively. International subsidiaries operating in highly inflationary economies remeasure nonmonetary assets at historical rates, while net monetary assets are remeasured at current rates, with the resulting remeasurement adjustment included in net income (loss) as other expense, net. The Company designates certain foreign currency denominated, long-term intercompany financing transactions as being of a long-term investment nature and records gains and losses on the transactions arising from changes in exchange rates as translation adjustments. Venezuelan Operations Until December 31, 2015, the Company accounted for its Venezuelan operations using highly inflationary accounting, and therefore, the Company remeasured assets, liabilities, sales and expenses denominated in Bolivar Fuertes (“Bolivars”) into U.S. Dollars using the applicable exchange rate, and the resulting translation adjustments were included in earnings. As of December 31, 2015, the Company determined it could no longer exercise control over its Venezuela operations because the availability of U.S. Dollars had declined significantly over the past several years in each of Venezuela’s three exchange mechanisms. As a result, the Company deconsolidated its Venezuelan operations. Prior to the deconsolidation of the Venezuela operations on December 31, 2015, the results of the Company’s Venezuelan operations have been included in the Company’s Consolidated Statements of Operations for 2015 and all prior periods. As of December 31, 2015, the Company began accounting for its investment in its Venezuelan operations using the cost method of accounting, and the cost basis was adjusted to nil as of December 31, 2015. During the years ended December 31, 2015 and 2014, the Venezuelan operations generated 2.2% and 1.4% of consolidated net sales, respectively and $51.1 million and $30.0 million of the Company’s reported annual operating income, respectively. As a result of deconsolidating its Venezuelan operations, the Company recorded a charge of $172.7 million in 2015. The charge consisted of the write-off of the Company’s Venezuelan operations’ net assets of $74.7 million, as well as $58.3 million of Venezuela receivable-related assets held by other subsidiaries, resulting in $133.0 million of total charges associated with the deconsolidation of Venezuela’s net assets. In addition, in accordance with applicable accounting standards for foreign currency and the transition to the cost method for Venezuela’s operations, the Company was required to write-off the currency translation adjustment that arose prior to the application of hyperinflationary accounting in 2010 that was included in other comprehensive loss in equity. The write-off of the currency translation adjustment resulted in a pre-tax charge of $39.7 million. The Company plans to continue operating its business in Venezuela. Since the Company holds all of the equity interests but does not have the power to direct the activities that most significantly affect the Venezuela entity’s economic performance, the Company considers the Venezuela entity a variable interest entity for which the Company is not the primary beneficiary. The Company has determined that the Venezuela entity’s assets can only be used to settle its obligations. As of December 31, 2016, the Company has no outstanding exposures or commitments with respect to its Venezuelan operations. Further, dividends and payments for intercompany receivables due from the Company’s Venezuelan operations will be recorded as other income upon receipt. Income Taxes The Company accounts for deferred income taxes using the asset and liability approach. Under this approach, deferred income taxes are recognized based on the tax effects of temporary differences between the financial statement and tax bases of assets and liabilities, as measured by current enacted tax rates. Valuation allowances are recorded to reduce the deferred tax assets to an amount that will more likely than not be realized. No provision is made for the U.S. income taxes on the undistributed earnings of non-U.S. subsidiaries that are considered to be permanently invested. The Company’s income tax provisions are based on calculations and assumptions that are subject to examination by various worldwide tax authorities. Although the Company believes that the positions taken on previously filed tax returns are reasonable, it has established tax, interest and penalty reserves in recognition that various taxing authorities may challenge the positions taken, which could result in additional liabilities for taxes, interest and penalties. The Company regularly reviews its deferred tax assets for recoverability considering historical profitability, projected future taxable income, the expected timing of the reversals of existing temporary differences and tax planning strategies. The authoritative guidance requires application of a “more likely than not” threshold to the recognition and derecognition of tax positions. The Company’s ongoing assessments of the more likely than not outcomes of tax authority examinations and related tax positions require significant judgment and can increase or decrease the Company’s effective tax rate, as well as impact operating results. Stock-Based Compensation Stock-based compensation expense is adjusted for estimated forfeitures and is recognized on a straight-line basis over the requisite service period of the award, which is generally three years for stock options and one to three years for restricted stock units and performance-based restricted stock units. The Company estimates future forfeiture rates based on its historical experience. See Footnote 15 for additional information. Recent Accounting Pronouncements Changes to U.S. Generally Accepted Accounting Principles (“GAAP”) are established by the Financial Accounting Standards Board (“FASB”) in the form of accounting standards updates (“ASUs”) to the FASB’s Accounting Standards Codification. The Company considers the applicability and impact of all ASUs. In April 2014, the FASB issued ASU No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” Under ASU 2014-08, only disposals representing a strategic shift in operations that have a major effect on the Company’s operations and financial results are presented as discontinued operations. This guidance requires expanded disclosure that provides information about the assets, liabilities, income and expenses of discontinued operations. Additionally, the guidance requires additional disclosure for a disposal of a significant part of an entity that does not qualify for discontinued operations reporting. The Company adopted ASU 2014-08 on January 1, 2015, and the adoption did not impact the Company’s financial statements and disclosures. As required by ASU 2014-08, the businesses classified as discontinued operations as of December 31, 2014 continued to be classified as such after January 1, 2015. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers. Accounting Standard Codification 606 — Revenue Recognition,” which established Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 will replace existing revenue recognition requirements in GAAP and will require entities to recognize revenue at an amount that reflects the consideration to which we expect to be entitled in exchange for transferring goods or services to a customer. To achieve this core principle, the standard provides a five-step analysis of transactions to determine when and how revenue is recognized. Other major provisions include the capitalization and amortization of certain contract costs, ensuring the time value of money is considered in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. ASC 606 will also require significantly expanded disclosures regarding the qualitative and quantitative information of the Company’s nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. In May 2016, the FASB issued ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients,” which updated ASU 2014-09. ASU 2016-12 clarifies certain core recognition principles including collectability, sales tax presentation, noncash consideration, contract modifications and completed contracts at transition and disclosures no longer required if the full retrospective transition method is adopted. ASU 2014-09 and ASU 2016-12 are effective for annual reporting periods beginning after December 15, 2017, including interim periods within those annual periods. The standard permits two methods of adoption, either retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). The Company tentatively plans to use the modified retrospective transition method and to adopt ASC 606 on January 1, 2018. The Company is currently evaluating the effect that the updated standard will have on the Company’s financial statements and related disclosures. To that end, the Company has identified a project manager as well as an implementation project team. The team has commenced the assessment phase of the project. Due to the large number of business units, the Company has chosen to start with an initial pilot assessment of four representative business units. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20), Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items,” which simplifies income statement presentation by eliminating the concept of extraordinary items. Previously, events or transactions that were both unusual in nature and infrequent in occurrence for a business entity were considered to be extraordinary items and required separate presentation, net of tax, after income from continuing operations. The presentation and disclosure guidance for items that are unusual in nature or occur infrequently will be retained and will be expanded to include items that are both unusual and infrequently occurring. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU 2015-01 on January 1, 2016, and the adoption of ASU 2015-01 did not have a material impact on the Company’s results of operations, cash flows or financial position. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810),” which amends previous guidance surrounding the consolidation model when assessing control over a legal entity and the primary beneficiary determination. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU 2015-02 on January 1, 2016, and the adoption of ASU 2015-01 did not have a material impact on the Company’s results of operations, cash flows or financial position. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company retrospectively adopted ASU 2015-03 on January 1, 2016, and the retrospective adoption of ASU 2015-03 had the effect of reducing the Company’s other assets and long-term debt by $18.5 million as of December 31, 2015. At December 31, 2016 total debt included $80.1 million of deferred debt issue costs. In April 2015, the FASB issued ASU No. 2015-05, “Intangibles - Goodwill and Other -Internal-Use Software (Subtopic 350-40), Customers Accounting for Fees Paid in a Cloud Computing Arrangement,” to help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement. The amendments provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license element, then the customer should account for the software license element arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The Company prospectively adopted this guidance as of January 1, 2016, and the adoption did not have a material impact on the Company’s results of operations, cash flows or financial condition. In May 2015, the FASB issued ASU No. 2015-07, “Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (“ASU 2015-07”). ASU 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient and remove certain related disclosure requirements. ASU 2015-07 is effective for annual periods and for interim periods within those fiscal years, beginning after December 15, 2015. Effective December 31, 2016, the Company adopted the provisions of ASU 2015-07. Since this ASU 2015-07 requires only additional disclosures concerning plan assets (see Footnote 17 for disclosures related to the adoption of this Guidance), the adoption of this Guidance did not affect the consolidated financial position, results of operations or cash flows of the Company. In July 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory,” which modifies existing requirements regarding measuring first-in, first-out and average cost inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (“NRV”), and NRV less an approximately normal profit margin. ASU 2015-11 replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. The Company is currently assessing the impact ASU 2015-11 will have on its financial position and results of operations. In September 2015, the FASB issued ASU No. 2015-16, “Simplifying the Accounting for Measurement-Period Adjustments,” which requires an acquirer in a business combination to recognize measurement-period adjustments during the period in which the acquirer determines the amounts, including the effect on earnings of any amounts the acquirer would have recorded in previous periods if the accounting had been completed at the acquisition date, as opposed to retrospectively. This guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU 2015-16 in the third quarter of 2015, and the adoption did not have a material impact on the Company’s results of operations, cash flows or financial position. In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes,” which simplifies the reporting of deferred tax positions, requiring deferred tax assets and liabilities to be classified as noncurrent in the Consolidated Balance Sheets, as opposed to current and noncurrent classification under current GAAP. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. The Company adopted ASU 2015-17 on a retrospective basis in the fourth quarter of 2015, and the adoption resulted in deferred tax assets and liabilities being presented as noncurrent on the Company’s consolidated balance sheet as of December 31, 2015 and 2014. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842),” which requires lessees to recognize a right-of-use asset and lease liability for all leases with terms of more than 12 months. Recognition, measurement and presentation of expenses will depend on classification as a finance or operating lease. ASU 2016-02 is effective for the Company on January 1, 2019. The Company is beginning to evaluate the impact the adoption of ASU 2016-02 will have on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, “Compensation-Stock Compensation: Improvement to Employee Share-Based Payment Accounting.” ASU 2016-09 provides guidance intended to simplify accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. The guidance is effective for interim and annual periods beginning after December 15, 2016. The adoption of ASU 2016-09 is expected to impact the recording of income taxes in the Company's financial position and results of operations, as well as the operating and financing cash flows on the Consolidated Statements of Cash Flows. The new standard requires: (1) excess tax benefits and tax deficiencies related to share-based awards to be recognized as income tax benefit or expense on a prospective basis in the reporting period in which they vest; (2) excess tax benefits from share-based payment arrangements to be presented within operating activities and withholding tax payments upon vesting of restricted stock units to be presented within financing activities within the cash flow statement; (3) permits the employer to repurchase more of an employee’s shares for tax withholding purposes and not classify the award as a liability that requires valuation on a mark-to-market basis; and (4) allows for a policy election to account for forfeitures as they occur. The Company will adopt this guidance beginning in the first quarter of 2017 and continue its policy of estimating forfeiture rates and presenting withholding tax payments on vested restricted share units as financing activities in the statement s of cash flows. The impact on the Company’s financial statements will be dependent on the timing of award vesting or exercises, tax rates and the intrinsic value when awards vest. Other recently issued ASUs were assessed and determined to be either not applicable or are expected to have a minimal impact on the Company’s consolidated financial position and results of operations. |
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- Definition Basis Of Presentation and Significant Accounting Policies [Abstract] No definition available.
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- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Acquisitions Acquisitions |
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| Business Combinations [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Combination Disclosure [Text Block] | Acquisitions and Mergers Jarden Corporation On April 15, 2016, Jarden became a direct wholly-owned subsidiary of Newell Brands Inc., as a result of a series of merger transactions (the “Jarden Acquisition”). The Jarden Acquisition was effected pursuant to an Agreement and Plan of Merger, dated as of December 13, 2015 (the “Merger Agreement”), among the Company, Jarden and two wholly-owned subsidiaries of the Company. Following the Jarden Acquisition, the Company was renamed Newell Brands Inc. Jarden is a leading, global consumer products company with leading brands, such as Yankee Candle®, Crock-Pot®, FoodSaver®, Mr. Coffee®, Oster®, Coleman®, First Alert®, Rawlings®, Jostens®, K2®, Marker®, Marmot®, Volkl® and many others. The Jarden Acquisition enables the Company to scale the enterprise with leading brands in global markets. The scale of the Company in key categories, channels and geographies enables it to deploy its strategy, which includes advantaged development and commercial capabilities, across a larger set of opportunities to generate accelerated growth and margin expansion. The Jarden Acquisition has been accounted for using the purchase method of accounting, and Jarden’s assets, liabilities and results of operations are included in the Company’s financial statements from the acquisition date. Pursuant to the Merger Agreement, each share of Jarden common stock was converted into the right to receive and became exchangeable for merger consideration consisting of (1) 0.862 of a share of the Company’s common stock plus (2) $21.00 in cash. On April 15, 2016, the Company provided for the issuance of up to 189.4 million shares of common stock and the payment of up to $4.6 billion for 100% of the outstanding equity interests of Jarden, which represented 219.7 million shares of Jarden common stock outstanding and eligible to receive the merger consideration. As of December 31, 2016, the Company has been notified by Jarden shareholders owning 10.6 million shares of Jarden common stock that they are exercising their dissenters’ rights and are seeking an appraisal of such shares, and as a result, the merger consideration consisting of 9.1 million shares of the Company’s common stock issuable to these Jarden shareholders had not been issued and $222.2 million in cash had not been paid to these Jarden shareholders as of December 31, 2016. The Jarden Acquisition constituted a make-whole fundamental change with respect to Jarden’s three series of outstanding convertible notes, making them eligible for conversion into shares of Jarden common stock and eligible to receive the merger consideration based on the number of Jarden shares into which the convertible notes may be converted. Jarden’s three series of convertible notes had an aggregate principal amount of $1.5 billion outstanding due in 2018, 2019 and 2034. During the year ended December 31, 2016, substantially all of the Jarden convertible note holders elected to convert their notes for the merger consideration and in certain cases, the make-whole premium, consisting of 32.7 million shares of the Company’s common stock and $795.9 million of cash. Based on the closing price of a share of the Company’s common stock on April 15, 2016 of $44.33 per share, the total consideration paid or payable for shares of Jarden common stock was approximately $15.3 billion, including $5.4 billion of cash and $9.9 billion of the Company’s common stock. Upon completion of the Jarden Acquisition, stockholders of Newell Rubbermaid and stockholders and convertible note holders of Jarden immediately before the merger owned 55% and 45%, respectively, of the Company. As of December 31, 2016, the Company had paid $5.2 billion and issued 213.9 million shares valued at $9.5 billion for shares of Jarden common stock tendered in the Jarden Acquisition. With respect to the 10.6 million shares of Jarden common stock held by dissenting shareholders exercising their dissenters’ appraisal rights, the Company accrued the estimated value of the merger consideration payable to such shareholders of $626.5 million, and such amount is included in other noncurrent liabilities in the Consolidated Balance Sheet as of December 31, 2016. In addition, on April 15, 2016, the Company paid $4.1 billion to settle certain of Jarden’s outstanding debt obligations, which included accrued interest and change-in-control premiums. The Company’s allocation of the total purchase price for the Jarden Acquisition to assets acquired and liabilities assumed is preliminary as the Company continues to finalize the valuation of property, plant and equipment and identifiable intangible assets (and the related deferred income tax liabilities) and the allocation of goodwill to its operating segments. The table below represents a preliminary allocation of the total purchase price to the identifiable tangible and intangible assets acquired and liabilities assumed in the Jarden Acquisition based on their estimated fair values on the date of acquisition (in millions):
The goodwill associated with the Jarden Acquisition is primarily related to synergies expected to arise after the acquisition. The Company’s Consolidated Statements of Operations for the year ended December 31, 2016 includes $7.3 billion of net sales and $508.5 million of operating income related to Jarden. The following unaudited pro forma financial information presents the combined results of operations of Newell Rubbermaid and Jarden for the years ended December 31, 2016 and 2015 as if the Jarden Acquisition had occurred on January 1, 2015. The unaudited pro forma financial information is not intended to represent or be indicative of the Company’s consolidated results of operations that would have been reported had the Jarden Acquisition been completed as of January 1, 2015 and should not be taken as indicative of the Company’s future consolidated results of operations. The Company expects to incur restructuring and other integration costs that are not included in the pro forma results of operations presented below. Pro forma adjustments are tax-effected at the Company’s estimated statutory tax rates.
The unaudited pro forma financial information for the years ended December 31, 2016 and 2015 include $200.8 million and $181.0 million, respectively, for the amortization of acquired intangibles from the Jarden Acquisition based on the preliminary purchase price allocation. The unaudited pro forma financial information for the year ended December 31, 2015 also includes $898.1 million of non-recurring charges related to the Jarden Acquisition, which are comprised of charges for the elimination of the fair market value adjustment for manufacturer’s profit in inventory and other acquisition-related costs. Elmer’s During October 2015, the Company acquired Elmer’s Products, Inc. (“Elmer’s”) for a purchase price of $571.4 million, which is net of $16.8 million of cash acquired. Elmer’s, whose brands include Elmer’s®, Krazy Glue® (a trademark of Toagosei Co. Ltd., used with permission) and X-Acto®, is a provider of activity-based adhesive and cutting products that inspire creativity in the classroom, at home, in the office, in the workshop and at the craft table. Elmer’s is reported as part of the Company’s Writing segment. The Company’s 2015 consolidated statement of operations includes approximately $36.3 million of net sales related to Elmer’s. Pro forma results of operations of the Company would not be materially different as a result of the Elmer’s acquisition and therefore are not presented. Ignite On September 4, 2014, the Company acquired 100% of Ignite Holdings, LLC (“Ignite”) for $313.1 million. A portion of the purchase price was used to repay Ignite’s outstanding debt obligations at closing. Ignite is a designer and marketer of durable beverage containers sold under the Contigo® and Avex® brands. bubba On October 22, 2014, the Company acquired 100% of the assets of bubba brands, inc. (“bubba”) for $82.4 million. bubba is a designer and marketer of durable beverage containers in North America. The bubba acquisition expands the presence and distribution of the Company’s Home Solutions segment in the on-the-go thermal and hydration beverageware market. Baby Jogger On December 15, 2014, the Company acquired 100% of Baby Jogger Holdings, Inc. (“Baby Jogger”), a designer and marketer of premium infant and juvenile products focused on activity strollers and related accessories. Baby Jogger is headquartered in the U.S. and markets and sells its products in North America, Europe and Asia. The Company acquired Baby Jogger for net cash consideration of $210.1 million, a portion of which was used to repay Baby Jogger’s outstanding debt obligations at closing. Other Items The goodwill associated with the acquisitions is primarily attributable to synergies expected to arise after the acquisitions. At December 31, 2016, approximately $495.0 million of the goodwill is expected to be deductible for income tax purposes. |
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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Divestitures and Planned Divestitures |
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| Discontinued Operations and Disposal Groups [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Disposal Groups, Including Discontinued Operations, Disclosure [Text Block] | Divestitures and Planned Divestitures Based on the Company’s strategy to allocate resources to its businesses relative to their growth potential and those with the greater right to win in the marketplace, the Company determined that certain businesses as described below did not align with the Company’s long-term growth plans, which led to the decisions to divest or cease operations of these businesses. Discontinued Operations During 2014, the Company’s Endicia and Culinary electrics and retail businesses were classified as discontinued operations based on the Company’s commitment in 2014 to sell the businesses. The Endicia business was included in the Writing segment, and the Culinary businesses were included in the Home Solutions segment. The Endicia business provides on-line postage solutions. The Culinary electrics business sells kitchen electrics and accessories to retailers, and the retail business sells cookware products and accessories through outlet stores. During 2015, the Company sold Endicia for net proceeds of $208.7 million, subject to customary working capital adjustments, resulting in a pretax gain of $154.2 million. The proceeds are net of $5.2 million of transaction expenses and $5.6 million of cash included in the assets sold. The $60.1 million of Endicia assets sold (which includes the Endicia cash sold) included $50.0 million of goodwill. During 2015, the Company ceased operations in its Culinary electrics and retail businesses. The following table provides a summary of amounts included in discontinued operations, which primarily relate to the Endicia and Culinary electrics and retail businesses (in millions):
Divestitures On June 30, 2016, the Company sold its Décor business, including Levolor® and Kirsch® window coverings and drapery hardware, for consideration, net of fees, of $223.5 million. The net assets of the Décor business were $63.3 million, including $19.2 million of goodwill, resulting in a pretax gain of $160.2 million, which is included in other (income) expense, net, for the year ended December 31, 2016. The Décor business was included in the Company’s consolidated results from continuing operations, including net sales of $141.4 million, until it was sold in June 2016. During 2015, the Company divested its Rubbermaid medical cart business, which focuses on optimizing nurse work flow and medical records processing in hospitals and was included in the Commercial Products segment. The Company sold substantially all of the assets of the Rubbermaid medical cart business in August 2015. The consideration exchanged was not material. The Rubbermaid medical cart business was included in the consolidated results from continuing operations (in the Commercial Products segment), including net sales of $26.5 million in 2015, until it was sold in August 2015. The Rubbermaid medical cart business generated 0.4% and 1.2% of the Company’s consolidated net sales for the years ended December 31, 2015 and 2014, respectively. Held for Sale During 2016, the Company committed to plans to divest several businesses and brands to strengthen the portfolio to better align with the long-term growth plan. The affected businesses and brands, which will all be reported in future periods continuing operations, are as follows: the Tools business, including the Irwin®, Lenox®, and hilmorTM brands in the Tools segment; the Winter Sports business, including the Völkl® and K2® brands and the Zoot® and Squadra® brands in the Outdoor Solutions segment; the heaters, fans, and humidifiers business with related brands in the Consumer Solutions segment; the Rubbermaid® consumer storage totes business in the Home Solutions segment; the Lehigh business, primarily ropes, cordage and chains under the Lehigh® brand and the firebuilding business, primarily under the Pine Mountain® brand, in the Branded Consumables segment; and the stroller business under the Teutonia® brand in the Baby and Parenting segment. During October 2016, the Company entered into an agreement to sell the Tools business for an estimated price of $1.95 billion, subject to working capital adjustments. The transaction is expected to close in early 2017, subject to certain customary conditions, including regulatory approvals, and the Company anticipates this will result in a pretax gain of approximately $0.9 billion. The Tools business generated 5.5%, 12.9% and 14.4% of the Company’s consolidated net sales for the years ended December 31, 2016, 2015 and 2014, respectively. The following table presents information related to the major classes of assets and liabilities that were classified as assets and liabilities held for sale in the Consolidated Balance Sheets as of December 31, (in millions):
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- References No definition available.
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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stockholders' Equity And Accumulated Other Comprehensive Income (Loss) |
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| Stockholders' Equity Note [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stockholders' Equity | Stockholders’ Equity In October 2013, the Company entered into agreements with Goldman, Sachs & Co. (“Goldman Sachs”) to effect an accelerated stock buyback (the “ASB Agreement”) of the Company’s common stock. Under the ASB Agreement, the Company paid Goldman Sachs an initial purchase price of $350.0 million, and Goldman Sachs delivered to the Company 9.4 million shares of the Company’s common stock based on an initial per share amount of $29.69, representing a substantial majority of the shares expected to be delivered under the ASB Agreement. The number of shares that the Company ultimately purchased under the ASB Agreement was determined based on the average of the daily volume-weighted average share prices of the Company’s common stock over the course of a calculation period, less a discount, and was subject to certain adjustments under the ASB Agreement. Upon settlement following the end of the calculation period in March 2014, Goldman Sachs delivered 2.0 million additional shares to the Company so that the aggregate value of the shares initially delivered plus such additional shares, based on the final price, was $350.0 million. Such shares were immediately retired. In August 2011, the Company announced a $300.0 million three-year share repurchase program (the “SRP”). Under the SRP, the Company may repurchase its own shares of common stock through a combination of 10b5-1 automatic trading plans, discretionary market purchases or in privately negotiated transactions. The SRP was originally authorized for a period of three years ending in August 2014. In 2014, the SRP was expanded and extended such that the Company may repurchase over $750.0 million of additional shares from February 2014 through the end of 2017, and the $42.9 million availability remaining at December 31, 2013 under the initial $300.0 million authorization was canceled. During 2016, the Company did not repurchase any shares pursuant to the SRP. From the commencement of the SRP in August 2011 through December 31, 2016, the Company has repurchased and retired a total of 28.9 million shares at an aggregate cost of $800.7 million, and the Company has $255.9 million of authorized repurchases remaining under the SRP as of December 31, 2016. The repurchase of additional shares will depend upon many factors, including the Company’s financial condition, liquidity and legal requirements. The following tables display the components of accumulated other comprehensive income (loss ) (“AOCI”) as of and for the years ended December 31, 2016, 2015 and 2014 (in millions):
For 2016, 2015 and 2014 reclassifications from AOCI to the results of operations for the Company’s pension and postretirement benefit plans were a pre-tax expense of $16.5 million, $74.1 million and $86.4 million, respectively, and primarily represent the amortization of net actuarial losses and plan settlements (see Footnote 13). These costs are recorded in selling, general and administrative expenses and cost of sales. For 2016, 2015 and 2014, reclassifications from AOCI to the results of operations for the Company’s derivative financial instruments for effective cash flow hedges were pre-tax (loss) income of $(12.0) million, $14.3 million and $5.5 million, respectively (see Footnote 11). For 2015, $39.7 million pre-tax foreign currency translation charge was reclassified from AOCI to the results of operations related to the Venezuela deconsolidation. The income tax (provision) benefit allocated to the components of OCI are as follows (in millions):
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring Costs |
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| Restructuring Charges [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring Costs | Restructuring Costs Restructuring provisions were determined based on estimates prepared at the time the restructuring actions were approved by management and are periodically updated for changes. Restructuring amounts also include amounts recognized as incurred. Project Renewal In April 2015, the Company committed to a further expansion of Project Renewal (the “April 2015 Expansion”). Project Renewal was initially launched in October 2011 to reduce the complexity of the organization and increase investment in growth platforms within the business. Under Project Renewal, the Company is simplifying and aligning its businesses around two key activities - Brand & Category Development and Market Execution & Delivery. Pursuant to the program, the Company eliminated its operating groups and consolidated 13 global business units into three operating groups that manage five operating segments. Pursuant to an expansion of Project Renewal in October 2014, the Company is: (i) further streamlining its supply chain function, including reducing overhead and realigning the supply chain management structure; (ii) investing in value analysis and value engineering efforts to reduce product and packaging costs; (iii) reducing operational and manufacturing complexity in its Writing segment; and (iv) further streamlining its distribution and transportation functions. Under the April 2015 Expansion, the Company plans to implement additional activities designed to further streamline business partnering functions (e.g., Finance/IT, Legal and Human Resources), optimize global selling and trade marketing functions and rationalize the Company’s real estate portfolio. In connection with the April 2015 Expansion, the Company expects to incur approximately $150.0 million of additional costs, including cash costs of approximately $135.0 million. The additional costs include pretax restructuring charges in the range of approximately $125.0 million to $135.0 million, a majority of which are expected to be facility exit costs and employee-related cash costs, including severance, retirement and other termination benefits, including costs associated with relocating the Company’s Atlanta business hub within Atlanta, Georgia. Cumulative costs of the expanded Project Renewal are expected to be approximately $690.0 million to $725.0 million pretax, with cash costs of approximately $645.0 million to $675.0 million. Approximately 60% to 70% of the total costs are expected to be restructuring costs, a majority of which are expected to be employee-related cash costs, including severance, retirement and other termination benefits and costs. Project Renewal is expected to be complete by the end of 2017, and as a result, cash payments and savings will be realized in 2018 and later years. The following table depicts the restructuring charges, net of adjustments, incurred in connection with Project Renewal for the years ended December 31, (in millions):
The following tables depict the activity in accrued restructuring reserves for Project Renewal for 2016 and 2015 (in millions):
The following tables depict the activity in accrued restructuring reserves for Project Renewal for 2016 and 2015 aggregated by reportable business segment (in millions):
Other Restructuring In addition to Project Renewal, the Company has incurred restructuring costs primarily relating to the Jarden Acquisition and the Elmer's acquisition. The following table depicts the restructuring charges, net of adjustments, incurred outside of Project Renewal for the year ended December 31, (in millions):
The following table depicts the activity in other accrued restructuring reserves for 2016 (in millions):
Total Restructuring Costs The table below shows restructuring costs recognized in continuing operations for all restructuring activities for the years indicated, aggregated by reportable business segment (in millions):
Cash paid for all restructuring activities included in operating activities was $59.9 million, $51.5 million and $71.8 million for 2016, 2015 and 2014, respectively. |
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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Inventories, Net |
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| Inventory, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Inventories, Net | Inventories, Net The components of net inventories were as follows as of December 31, (in millions):
Inventory costs include direct materials, direct labor and manufacturing overhead, or when finished goods are sourced, the cost is the amount paid to the third party. Approximately 17.5% and 51.3% of gross inventory costs at December 31, 2016 and 2015, respectively, were determined by the last-in, first-out (“LIFO”) method; for the balance, cost was determined using the first-in, first-out (“FIFO”) method. As of December 31, 2016 and 2015, LIFO reserves were $16.6 million and $23.6 million, respectively. The pretax income from continuing operations recognized by the Company related to the liquidation of LIFO-based inventories in 2016, 2015 and 2014 was $2.9 million, $1.5 million and $7.2 million, respectively. |
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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Property, Plant and Equipment, Net |
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| Property, Plant and Equipment Disclosure [Text Block] | Property, Plant & Equipment, Net Property, plant and equipment, net, consisted of the following as of December 31, (in millions):
Depreciation expense for continuing operations was $214.1 million, $93.0 million and $93.2 million in 2016, 2015 and 2014, respectively. |
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Other Intangible Assets, Net |
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| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Text Block] | Goodwill and Other Intangible Assets, Net A summary of changes in the Company’s goodwill by reportable business segment is as follows for 2016 and 2015 (in millions):
Cumulative impairment charges relating to goodwill were $1,642.4 million as of December 31, 2016. The table below summarizes the balance of other intangible assets, net and the Company’s amortization periods using the straight-line method and attribution method for other intangible assets, including capitalized software consisted of the following as of December 31, (in millions):
Amortization expense for intangible assets for continuing operations was $223.1 million, $76.5 million and $60.6 million in 2016, 2015 and 2014, respectively. As of December 31, 2016, the aggregate estimated intangible amortization amounts for the succeeding five years are as follows (in millions):
Actual amortization expense to be reported in future periods could differ materially from these estimates as a result of finalizing the purchase price allocation of the Jarden Acquisition, future acquisitions, changes in useful lives and other relevant factors. |
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Other Accrued Liabilities |
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| Accrued Liabilities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Accrued Liabilities | Other Accrued Liabilities Other accrued liabilities included the following as of December 31, (in millions):
Customer accruals are promotional allowances and rebates, including cooperative advertising, given to customers in exchange for their selling efforts and volume purchased as well as allowances for returns. Payments for annual rebates and other customer programs are generally made in the first quarter of the year. Self-insurance liabilities relate to casualty liabilities such as workers’ compensation, general and product liability and auto liability and are estimated based upon historical loss experience combined with actuarial evaluation methods, review of significant individual files and the application of risk transfer programs. |
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition The entire disclosure for other liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt |
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| Long-term Debt, Other Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt | Debt The following is a summary of outstanding debt as of December 31, (in millions):
In March 2016, the Company completed the offering and sale of $8.0 billion principal amount of unsecured senior notes, consisting of $1.0 billion of aggregate principal amount of 2.60% notes due March 2019 (the “2019 Notes”), $1.0 billion of aggregate principal amount of 3.15% notes due April 2021 (the “2021 Notes”), $1.75 billion of aggregate principal amount of 3.85% notes due April 2023 (the “2023 Notes”), $2.0 billion of aggregate principal amount of 4.20% notes due April 2026 (the “2026 Notes”), $500.0 million of aggregate principal amount of 5.375% notes due April 2036 (the “2036 Notes”) and $1.75 billion of aggregate principal amount of 5.50% notes due April 2046 (the “2046 Notes” and, together with the 2019 Notes, the 2021 Notes, the 2023 Notes, the 2026 Notes and the 2036 Notes, the “Notes”). The aggregate net proceeds from the issuance of the Notes were $7.9 billion, which were used to pay the cash portion of the merger consideration in the Jarden Acquisition and to repay a significant portion of Jarden’s outstanding debt at closing. The Notes are senior obligations of the Company and rank equally with all of its other unsecured and unsubordinated indebtedness from time to time outstanding. At the Company’s option, all or any portion of the 2019 Notes may be redeemed at any time, all or any portion of the 2021 Notes may be redeemed at any time prior to March 1, 2021 (the date that is one month prior to the maturity date), all or any portion of the 2023 Notes may be redeemed at any time prior to February 1, 2023 (the date that is two months prior to the maturity date), all or any portion of the 2026 Notes may be redeemed at any time prior to January 1, 2026 (the date that is three months prior to the maturity date), all or any portion of the 2036 Notes may be redeemed at any time prior to October 1, 2035 (the date that is six months prior to the maturity date), and all or any portion of the 2046 Notes may be redeemed at any time prior to October 1, 2045 (the date that is six months prior to the maturity date) (each such date the applicable “par call date”). The redemption price for the Notes is equal to the greater of (1) 100% of the principal amount of the Notes being redeemed on the redemption date or (2) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes being redeemed (in the case of the 2026 Notes, assuming that the 2026 Notes matured on the par call date) (not including any portion of any payments of interest accrued to the redemption date), discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the treasury rate, plus an applicable premium; plus in each case, accrued and unpaid interest on the Notes being redeemed to the redemption date. If the 2021 Notes are redeemed on or after a date that is one month prior to the maturity date of the 2021 Notes, the 2023 Notes are redeemed on or after a date that is two months prior to the maturity date of the 2023 Notes, the 2026 Notes are redeemed on or after a date that is three months prior to the maturity date of the 2026 Notes, or the 2036 Notes or the 2046 Notes are redeemed on or after a date that is six months prior to the maturity date of such notes, then the redemption price of such notes will be equal to 100% of the principal amount of the notes so redeemed plus accrued interest to such redemption date. The interest rate payable on each series of Notes will be subject to adjustment if either of two credit rating agencies downgrade (or subsequently upgrade) its rating assigned to the Notes, but in no event shall the interest rate payable on each series of Notes be less than the stated interest rate or more than 200 basis points greater than the stated interest rate on each series of Notes as a result of such credit rating agencies downgrades or upgrades. In October 2015, the Company completed the offering and sale of $600.0 million of unsecured senior notes, consisting of $300.0 million aggregate principal amount of 2.15% notes due 2018 (the “2018 Notes”) and $300.0 million aggregate principal amount of 3.90% notes due 2025 (the “2025 Notes” and, together with the 2018 Notes, the “Senior Notes”). The aggregate net proceeds from the issuance of the Senior Notes were $594.6 million, which were used for the acquisition of Elmer’s and for general corporate purposes. The Senior Notes are senior obligations of the Company and rank equally with all of its other unsecured and unsubordinated indebtedness from time to time outstanding. The 2018 Notes and 2025 are redeemable at a price equal to the greater of (i) 100% of the aggregate principal amount redeemed or (ii) the sum of the present values of the remaining scheduled payments, plus in each case, accrued and unpaid interest. If the 2024 Notes are redeemed within three months of the scheduled maturity date, they may be redeemed at a price equal to 100% of the aggregate principal amount being redeemed, plus accrued and unpaid interest. In November 2014, the Company completed the offering and sale of $850.0 million of unsecured senior notes, consisting of $350.0 million aggregate principal amount of 2.875% notes due 2019 (the “2.875% 2019 Notes”) and $500.0 million aggregate principal amount of 4.00% notes due 2024 (the “2024 Notes”). The aggregate net proceeds from the issuance of the 2019 Notes and 2024 Notes were $841.8 million, which were used, in part, to redeem an aggregate principal amount of $439.4 million of then existing long-term debt, reduce borrowings under the Company’s commercial paper program and receivables facility and finance acquisitions. The purchase of the long-term debt resulted in an aggregate loss on extinguishment of debt of $33.2 million. The 2019 Notes and 2024 are redeemable at a price equal to the greater of (i) 100% of the aggregate principal amount redeemed or (ii) the sum of the present values of the remaining scheduled payments, plus in each case, accrued and unpaid interest. If the 2019 Notes and 2024 Notes are redeemed within one month and three months, respectively, of their scheduled maturity date, they may be redeemed at a price equal to 100% of the aggregate principal amount being redeemed, plus accrued and unpaid interest. In December 2014, the Company exercised the early redemption provisions of the $250.0 million of outstanding 2.00% notes due 2015 (“2015 Notes”) and repaid and retired the $250.0 million outstanding principal amount of the 2015 Notes. At settlement, the Company paid $251.9 million, which included a $1.9 million premium payable pursuant to the terms of the 2015 Notes. The Company recognized a loss of $2.3 million on extinguishment of the 2015 Notes, which included the premium paid and the write-off of unamortized debt issuance costs. In December 2014, the Company also exercised the early redemption provisions of the 10.60% 2019 Notes and repaid and retired the remaining $20.7 million outstanding principal amount of the 10.60% 2019 Notes. At settlement, the Company made a cash payment of $28.1 million, which included a $7.4 million premium payable pursuant to the terms of the 10.60% 2019 Notes. The Company recognized a loss of $7.7 million on extinguishment of the 10.60% 2019 Notes, which included the premium paid and the write-off of unamortized debt issuance costs. In December 2014, the Company completed a tender offer for the $550.0 million principal amount outstanding 4.70% notes due 2020 (“2020 Notes”) and purchased $168.7 million principal amount of the $550.0 million outstanding 2020 Notes. Pursuant to the terms of the tender offer, the Company made a cash payment of $184.7 million, which included a $16.0 million premium payable pursuant to the terms of the tender offer. The Company recognized a loss on extinguishment of debt of $23.2 million in connection with the tender offer for the 2020 Notes, which included the premium paid, the write-off of unamortized debt issuance costs, transaction expenses and the settlement of interest rate swaps designated as fair value hedges of $154.0 million of the $168.7 million 2020 Notes tendered and repaid. Receivables-Related Borrowings In October 2016, the Company entered into a new $950.0 million receivables purchase agreement (the “Securitization Facility”) that matures in October 2019 and bears interest at a margin over a variable interest rate. The Securitization facility replaced the Company’s existing Receivable Facility and Jarden Securitization Facility. Under the Securitization Facility, on an ongoing basis certain operating subsidiaries will sell their receivables to a special purpose entity Jarden Receivables, LLC (“Jarden Receivables”), which is a wholly-owned consolidated indirect subsidiary of the Company. Jarden Receivables funds these purchases with borrowings under a loan agreement, which are secured by the accounts receivable. There is no recourse to the Company for the unpaid portion of any loans under this loan agreement. At December 31, 2016, the borrowing rate margin and the unused line fee on the securitization were 0.80% and 0.40% per annum, respectively. Revolving Credit Facility and Commercial Paper The Company maintain a $1.25 billion revolving credit facility that matures in January 2022 (the “Facility”). Under the Facility, the Company may borrow funds on a variety of interest rate terms. The Facility also provides for the issuance of up to $100.0 million of letters of credit, so long as there is a sufficient amount available for borrowing under the Facility. There was no commercial paper outstanding at the end of 2016. Jarden Bridge Credit Facility On December 13, 2015, the Company entered into a commitment letter with Goldman Sachs & Co. to provide financing for the Jarden transaction, consisting of a $10.5 billion senior unsecured bridge facility (the “Jarden Bridge Facility”). The availability under the Jarden Bridge Facility was subject to reduction in equivalent amounts upon the completion of any issuance of debt securities by the Company and upon other specified events. Due to the Company entering into the Term Loan Credit Agreement described below, completing the issuance of the Notes in March 2016 and other considerations, the Jarden Bridge Facility was terminated. Term Loan Credit Agreement On January 26, 2016, the Company entered into a credit agreement (the “Term Loan Credit Agreement”) for a $1.5 billion senior unsecured term loan facility with a syndicate of banks. In April 2016, the Company borrowed $1.5 billion pursuant to the Term Loan Credit Agreement, and the borrowings were used to pay a portion of the cash portion of the merger consideration in connection with the Jarden Acquisition. The Term Loan Credit Agreement provides for a maturity date of three years from the closing date of the Jarden Acquisition and requires the Company to repay 5% of the initial borrowings by each of April 2017 and April 2018, 45% of the borrowings by October 2018 and the remaining 45% of the borrowings by April 2019. At the Company’s election, borrowings under the Term Loan Credit Agreement bear interest either at (i) the eurodollar rate plus an applicable margin, or (ii) the base rate plus an applicable margin. During the year ended December 31, 2016, the Company repaid $1.1 billion of the borrowings outstanding under the Term Loan Credit Agreement. The interest rate on the Term Loan Credit Agreement was approximately at 2.31% at December 31, 2016. For the year ended December 31, 2016, the Company recorded $47.6 million of charges associated with the loss on extinguishment of debt terminating its Jarden Bridge Facility and the repayment of Term Loans. Notes Exchange In March 2016, the Company commenced exchange offers (the “Exchange Offers”) pursuant to which the Company offered to issue new senior notes (the “Newell Notes”) in exchange for €300.0 million aggregate principal amount of the outstanding 3.75% senior notes due October 2021 issued by Jarden and of the $300.0 million aggregate principal amount of the outstanding 5.00% senior notes due November 2023 issued by Jarden (collectively, the “Existing Jarden Notes”) and concurrently solicited consents (the “Consent Solicitations”) from the eligible holders of the Existing Jarden Notes to amend the related indentures. The Exchange Offers and Consent Solicitations expired and were settled in April 2016. The aggregate principal amount of each series of Newell Notes issued in the Exchange Offers totaled €271.9 million of 3.75% senior notes due October 2021 (the “Euro Notes”) and $295.1 million 5.00% senior notes due November 2023 (“the “USD Notes”). The Newell Notes are senior unsecured obligations of the Company and rank equally in right of payment with all of its other existing or future senior unsecured debt, and are structurally subordinated to the secured and unsecured debt of the Company’s subsidiaries, including any debt of Jarden that remains outstanding. The Exchange Offers were not registered under the Securities Act of 1933, as amended (the “Securities Act”), and as a result, the Newell Notes may not be offered or sold in the U.S. absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. In connection with the completion of the Exchange Offers, the Company entered into a registration rights agreement pursuant to which the Company agreed to use its commercially reasonable efforts to file a registration statement before January 2017 relating to an offer to exchange the Newell Notes for registered notes of the Company having substantially the same terms as the Newell Notes. The Company completed the required registered exchange offer on October 26, 2016 and exchanged 95.61% of the Euro Notes and 100% of the USD Notes for registered notes, in each case, having substantially identical terms. Following the consummation of the Exchange Offers, Jarden had outstanding approximately (i) €28.1 million in aggregate principal amount of its 3.75% senior notes due October 2021 (the “Jarden Euro Notes”) and (ii) $4.9 million in aggregate principal amount of its 5.00% senior notes due November 2023 (the “Jarden USD Notes” and, together with the Jarden Euro Notes, the “Remaining Existing Jarden Notes”). In April 2016, Jarden entered into supplemental indentures related to the Remaining Existing Jarden Notes that eliminated substantially all of the restrictive covenants, eliminated the cross-default under Jarden’s indebtedness as an event of default, released the guarantees of any guarantors on the Remaining Existing Jarden Notes and evidenced the assumption of the obligations of the Remaining Existing Jarden Notes by a wholly-owned subsidiary of the Company. The Remaining Existing Jarden Notes are the senior unsecured obligations of a wholly-owned subsidiary of the Company. Net Investment Hedge The Company has designated approximately €300.0 million principal balance of the 3.75% senior notes due October 2021 as a net investment hedge of the foreign currency exposure of its net investment (the “Hedging Instrument”) in certain Euro-functional currency subsidiaries with Euro-denominated net assets. Foreign currency gains and losses on the Hedging Instrument, which was a $28.0 million gain during the year ended December 31, 2016, are recorded as an adjustment to AOCI. See Footnote 11 for disclosures regarding the Company’s derivative financial instruments. Future Debt Maturities The Company’s debt maturities for the five years following December 31, 2016 and thereafter are as follows (in millions):
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| X | ||||||||||
- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- References No definition available.
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Derivatives |
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| Derivative Instruments and Hedges, Assets [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivatives | Derivatives From time to time, the Company enters into derivative transactions to hedge its exposures to interest rate, foreign currency rate and commodity price fluctuations. The Company does not enter into derivative transactions for trading purposes. Interest Rate Contracts The Company manages its fixed and floating rate debt mix using interest rate swaps. The Company may use fixed and floating rate swaps to alter its exposure to the impact of changing interest rates on its consolidated results of operations and future cash outflows for interest. Floating rate swaps would be used, depending on market conditions, to convert the fixed rates of long-term debt into short-term variable rates. Fixed rate swaps would be used to reduce the Company’s risk of the possibility of increased interest costs. Interest rate swap contracts are therefore used by the Company to separate interest rate risk management from the debt funding decision. The cash paid and received from the settlement of interest rate swaps is included in interest expense. Fair Value Hedges At December 31, 2016, the Company had $596.0 million notional amount of interest rate swaps that exchange a fixed rate of interest for variable rate (LIBOR) of interest plus a weighted average spread. These floating rate swaps are designated as fair value hedges against $346.0 million of principal on the 4.7% Senior Subordinated Notes due 2020 and $250.0 million of principal on the 4.0% Senior Subordinated Notes due 2024 for the remaining life of these notes. The effective portion of the fair value gains or losses on these swaps is offset by fair value adjustments in the underlying debt. Cross-Currency Contracts The Company uses cross-currency swaps to hedge foreign currency risk on certain intercompany financing arrangements with foreign subsidiaries. As of December 31, 2016, the notional value of outstanding cross-currency interest rate swaps was $173.7 million. The cross-currency interest rate swaps are intended to eliminate uncertainty in cash flows in U.S. Dollars and British Pounds in connection with the intercompany financing arrangements. The effective portions of the changes in fair values of these cross-currency interest rate swap agreements are reported in AOCI and an amount is reclassified out of AOCI into other (income) expense, net, in the same period that the carrying value of the underlying foreign currency intercompany financing arrangements are remeasured. Foreign Currency Contracts The Company uses forward foreign currency contracts to mitigate the foreign currency exchange rate exposure on the cash flows related to forecasted inventory purchases and sales and have maturity dates through December 2017. The derivatives used to hedge these forecasted transactions that meet the criteria for hedge accounting are accounted for as cash flow hedges. The effective portion of the gains or losses on these derivatives is deferred as a component of AOCI and is recognized in earnings at the same time that the hedged item affects earnings and is included in the same caption in the statements of operations as the underlying hedged item. At December 31, 2016, the Company had approximately $419.0 million notional amount outstanding of forward foreign currency contracts that are designated as cash flow hedges of forecasted inventory purchases and sales. The Company also uses foreign currency contracts, primarily forward foreign currency contracts, to mitigate the foreign currency exposure of certain other foreign currency transactions. At December 31, 2016, the Company had approximately $1.4 billion notional amount outstanding of these foreign currency contracts that are not designated as effective hedges for accounting purposes and have maturity dates through January 2017. Fair market value gains or losses are included in the results of operations and are classified in other (income) expense, net. Commodity Contracts The Company enters into commodity-based derivatives in order to mitigate the risk associated with the impact changes in prices of commodities could have on the cost of certain of the Company’s raw materials. These commodity-based derivatives provide the Company with cost certainty, and in certain instances, allow the Company to benefit should the cost of the commodity fall below certain dollar thresholds. At December 31, 2016 , the Company had approximately $0.7 million notional amount outstanding of commodity-based derivatives that are not designated as effective hedges for accounting purposes and have maturity dates through December 2017. Fair market value gains or losses associated with commodity derivative instruments are included in the results of operations and are classified in cost of products sold. The following table summarizes the Company’s outstanding derivative instruments and their effects on the Consolidated Balance Sheets as of December 31, 2016 and 2015 (in millions):
The Company recognized income of $25.6 million in other (income) expense, net, during the year ended December 31, 2016, related to derivatives that are not designated as hedging instruments. The amounts of gains (losses) from changes in the fair value of derivatives not designated as hedging instruments was not material for the year ended December 31, 2015. The Company is not a party to any derivatives that require collateral to be posted prior to settlement. Cash Flow Hedges The pretax effects of derivative instruments designated as cash flow hedges on the Company’s Consolidated Statements of Operations and AOCI for 2016, 2015 and 2014 were as follows (in millions):
During December 2015, the Company entered into forward-starting interest rate swaps for an aggregate $1.0 billion notional amount for the anticipated issuance of notes to finance the Jarden transaction (the “2015 Swaps”). During January 2016, the Company entered into additional forward-starting interest rate swaps for an aggregate $1.3 billion notional amount (the “2016 Swaps,” and together with the 2015 Swaps, the “Swaps”). The total notional amount of the Swaps relating to the anticipated debt issuances for the Jarden Acquisition was $2.3 billion. In March 2016, the Company completed the offering and sale of the Notes (see Footnote 10 for additional information) and settled the Swaps. The net pretax loss and net amount paid upon settlement of the Swaps was $91.2 million, which was recorded in AOCI and is being amortized to interest expense over the terms of the Notes the Swaps were designated to hedge. The ineffectiveness related to cash flow hedges during 2016, 2015 and 2014 was not material. The Company estimates that during the next 12 months it will reclassify income of $20.4 million included in the pretax amount recorded in AOCI as of December 31, 2016 into earnings. |
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- References No definition available.
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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments |
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| Commitments Disclosure [Text Block] | Commitments The Company leases manufacturing, warehouse and other facilities; real estate; and transportation, data processing and other equipment under leases that expire at various dates through the year 2025. Rent expense, which is recognized on a straight-line basis over the life of the lease term, for continuing operations, was $216.2 million, $105.1 million and $106.1 million in 2016, 2015 and 2014, respectively. Future minimum rental payments for operating leases with initial or remaining terms in excess of one year are as follows as of December 31, 2016 (in millions):
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- Definition Commitments [Abstract] No definition available.
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- Definition The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Employee Benefit And Retirement Plans |
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| Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Employee Benefit And Retirement Plans | Employee Benefit and Retirement Plans The Company and its subsidiaries have noncontributory pension, profit sharing and contributory 401(k) plans covering substantially all of their international and domestic employees. Plan benefits are generally based on years of service and/or compensation. The Company’s funding policy is to contribute not less than the minimum amounts required by the Employee Retirement Income Security Act of 1974, as amended, the Internal Revenue Code of 1986, as amended, or foreign statutes to ensure that plan assets will be adequate to provide retirement benefits. The Company expects to recognize $17.0 million of costs in 2017 associated with amortizing net actuarial losses and prior service credits. Substantially all of the unrecognized pension and postretirement costs included in AOCI (see Footnote 4) are due to unrecognized actuarial losses. Effective December 31, 2015, the Company changed the method used to estimate the service and interest components of net periodic benefit cost for its defined benefit pension and postretirement plans. The new estimation approach discounts the individual expected cash flows underlying the service cost and interest cost using the applicable spot rates derived from the yield curve used to discount the cash flows used to measure the benefit obligations. Historically, the estimated service and interest cost components utilized a single weighted-average discount rate derived from the yield curve used to measure the benefit obligations at the beginning of the period. The Company elected this change to provide a more precise measurement of service and interest costs by improving the correlation between projected benefit cash flows and the corresponding spot yield curve rates. The change was accounted for as a change in accounting estimate that is inseparable from a change in accounting principle and accordingly was accounted for prospectively. The Company’s tax-qualified defined benefit pension plan is frozen for the entire U.S. workforce, and the Company has replaced the defined benefit pension plan with an additional defined contribution benefit arrangement, which benefit vests after three years of employment. The Company recorded $17.4 million, $16.5 million and $15.8 million in expense for the defined contribution benefit arrangement for 2016, 2015 and 2014, respectively. The liability associated with the defined contribution benefit arrangement as of December 31, 2016 and 2015 is $17.6 million and $16.7 million, respectively, and is included in other accrued liabilities in the Consolidated Balance Sheets. In September 2015 and September 2014, the Company commenced offers to approximately 3,300 and 5,700 former employees, respectively, who have deferred vested benefits under the Company’s tax-qualified U.S. pension plan. These former employees had the opportunity to make a one-time election to receive a lump-sum distribution of the present value of their benefits by the end of the year of the offer. Cash payments of $70.6 million and $98.6 million were made from the pension plan assets in December 2015 and December 2014, respectively, to those electing the lump-sum distribution. As of December 31, 2016 and 2015, the Company maintained various nonqualified deferred compensation plans with varying terms. The total liability associated with these plans was $41.7 million and $44.2 million as of December 31, 2016 and 2015, respectively. These liabilities are included in other accrued liabilities and other noncurrent liabilities in the Consolidated Balance Sheets. The Company maintains assets to offset the impact of the market gains and losses associated with the deferred compensation liabilities, and the values of these assets were $57.1 million and $55.3 million as of December 31, 2016 and 2015, respectively. These assets are included in other assets in the Consolidated Balance Sheets. The Company has a Supplemental Executive Retirement Plan (“SERP”), which is a nonqualified defined benefit and defined contribution plan pursuant to which the Company will pay supplemental benefits to certain key employees upon retirement based upon the employees’ years of service and compensation. The SERP is primarily funded through a trust agreement with a trustee that owns life insurance policies on both active and former key employees with aggregate net death benefits of $289.7 million. At December 31, 2016 and 2015, the life insurance contracts were accounted for using the investment method and had a cash surrender value of $116.0 million and $108.4 million, respectively, and are included in other assets in the Consolidated Balance Sheets. All premiums paid and proceeds received associated with the life insurance policies are included in accrued liabilities and other in the Consolidated Statements of Cash Flows. The projected benefit obligation was $122.5 million and $119.5 million at December 31, 2016 and 2015, respectively. The SERP liabilities are included in the pension table below; however, the value of the Company’s investments in the life insurance contracts, cash and mutual funds are excluded from the table, as they do not qualify as plan assets. The Company’s matching contributions to the contributory 401(k) plan were $25.5 million, $14.0 million and $13.6 million for 2016, 2015 and 2014, respectively. Defined Benefit Pension Plans The following provides a reconciliation of benefit obligations, plan assets and funded status of the Company’s noncontributory defined benefit pension plans, including the SERP, as of December 31, (dollars in millions):
Summary of under-funded or non-funded pension benefit plans with projected benefit obligation in excess of plan assets at December 31, (in millions):
Summary of pension plans with accumulated obligations in excess of plan assets at December 31, (in millions):
Net pension cost includes the following components for the years ended December 31, (dollars in millions):
The Company made a voluntary cash contribution of $70.0 million to its U.S. defined benefit plan in January 2015. The Company expects to make cash contributions of approximately $12.5 million and $14.1 million to its domestic and international defined benefit plans, respectively, in 2017. Plan Assets The Company employs a total return investment approach for its pension plans whereby a mix of equities and fixed income investments are used to maximize the long-term return of pension plan assets. The intent of this strategy is to minimize plan expenses by outperforming plan liabilities over the long run. Risk tolerance is established through careful consideration of plan liabilities, plan funded status, and the Company’s financial condition. The domestic investment portfolios contain a diversified blend of equity and fixed-income investments. The domestic equity investments are diversified across geography and market capitalization through investments in U.S. large-capitalization stocks, U.S. small-capitalization stocks and international securities. The domestic fixed income investments are primarily comprised of investment-grade and high-yield securities through investments in corporate and government bonds, government agencies and asset-backed securities. The Level 1 investments are primarily based upon quoted market prices. The domestic Level 3 investments are primarily comprised of hedge funds whose assets are primarily valued based upon the net asset value (“NAV’) per share and insurance contracts valued at contract value. The investments excluded from the fair value hierarchy are NAV-based hedge fund investments that generally have a redemption frequency of 90 days or less, with various redemption notice periods that are generally less than a month. The notice periods for certain investments may vary based on the size of the redemption. The international Level 2 investments are primarily comprised of insurance contracts whose fair values are estimated based on the future cash flows to be received under the contracts discounted to the present using a discount rate that approximates the discount rate used to measure the associated pension plan liabilities. The international Level 3 investments are primarily comprised of insurance contracts valued at contract value. Investment risk is measured and monitored on an ongoing basis through annual liability measurements, periodic asset/liability studies and quarterly investment portfolio reviews. The expected long-term rate of return for plan assets is based upon many factors, including expected asset allocations, historical asset returns, current and expected future market conditions, risk and active management premiums. The expected long-term rate of return is adjusted when there are fundamental changes in expected returns on the Company’s defined benefit pension plan’s investments. The target asset allocations for the Company’s domestic pension plans may vary by plan, based in part due to plan demographics, funded status and liability duration. In general, the Company’s target asset allocations are as follows: equities approximately 25% to 40%; bonds approximately 20% to 40%; and cash, alternative investments and other, approximately 25% to 45%. Actual asset allocations may vary from the targeted allocations for various reasons, including market conditions and the timing of transactions. The Company maintains numerous international defined benefit pension plans. The asset allocations for the international investment may vary by plan and jurisdiction and are primarily based upon the plan structure and plan participant profile. The composition of domestic pension plan assets at December 31, 2016 and 2015 is as follows:
The composition of international pension plan assets at December 31, 2016 and 2015 is as follows:
A reconciliation of the change in the fair value measurement of the defined benefit plans’ consolidated assets using significant unobservable inputs (Level 3) for 2016 and 2015 is as follows (in millions):
Postretirement Benefit Plans Several of the Company’s subsidiaries currently provide retiree health care and life insurance benefits for certain employee groups. The following provides a reconciliation of benefit obligations and funded status of the Company’s postretirement benefit plans as of December 31, (dollars in millions):
There are no plan assets associated with the Company’s postretirement benefit plans. Postretirement benefit costs include the following components for the years ended December 31, (in millions):
The current healthcare cost trend rate gradually declines through 2037 to the ultimate trend rate and remains level thereafter. A one percentage point change in assumed healthcare cost trend rate would not have a material effect on the postretirement benefit obligation or the service and interest cost components of postretirement benefit costs. Estimated Future Benefit Payments Estimated future benefit payments under the Company’s defined benefit pension plans and postretirement benefit plans are as follows as of December 31, 2016 (in millions):
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- References No definition available.
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- Definition The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Earnings Per Share |
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share | Earnings Per Share The calculation of basic and diluted earnings per share is shown below for the years ended December 31, (in millions, except per share data):
As of December 31, 2016 , there were 9.1 million shares of the Company’s common stock that had not been issued to the former holders of 10.6 million of Jarden shares who are exercising their right to judicial appraisal under Delaware law. Absent consent by the Company, these dissenting shareholders are no longer entitled to the merger consideration, but are instead entitled only to the judicially determined fair value of their shares, plus interest accruing from the date of the Jarden Acquisition, payable in cash. However, it is possible that the Company could issue a consent to or reach agreement with one or more of these shareholders resulting in the issuance of Company shares (in lieu of or along with the payment of cash) in settlement of the dissenters’ claims. |
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- References No definition available.
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- Definition The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stock-Based Compensation |
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| Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | Stock-Based Compensation The Company offers stock-based compensation to its employees that includes stock options and time-based and performance-based restricted stock units, as follows: Stock Options The Company has issued both nonqualified and incentive stock options at exercise prices equal to the Company’s common stock price on the date of grant with contractual terms of ten years. Stock options issued by the Company generally vest and are expensed ratably over three years. For options granted prior to 2008, options become fully vested and are exercisable for one year following termination due to death, disability or retirement at age 65 or older. For options granted since the beginning of 2008, options fully vest and are exercisable for a period of time depending on the employee’s age and years of service in the case of retirement (as defined in the stock option agreement). Stock option grants are generally subject to forfeiture if employment terminates prior to vesting, except upon retirement, in which case the options may remain outstanding and exercisable for the remaining contractual term of the option. The Company has not granted stock options since 2011. Time-Based Restricted Stock Units Awards of time-based restricted stock units are independent of stock option grants and are generally subject to forfeiture if employment terminates prior to vesting. The awards generally cliff-vest in one to three years or vest ratably over three years from the date of grant. In the case of retirement (as defined in the award agreement), awards vest depending on the employee’s age and years of service. The time-based restricted stock units have rights to dividend equivalents payable in cash. The Company expenses the cost of restricted stock units ratably over the vesting period, net of estimated forfeitures. Performance-Based Restricted Stock Units Performance-based restricted stock unit awards represent the right to receive unrestricted shares of stock based on the achievement of Company performance objectives and/or individual performance goals established by the Organizational Development & Compensation Committee and the Board of Directors. The performance-based restricted stock units generally entitle recipients to shares of common stock equal to 0% up to 200% of the number of units granted at the vesting date, depending on the level of achievement of the specified market and performance conditions (“Performance-Based RSUs”). With respect to Performance-Based RSUs granted in all years other than 2015, the number of shares in which the participant vests is based on the Company’s total shareholder return relative to its peer group over a three-year period (“Relative TSR Metric”). For Performance-Based RSUs granted in 2015, the number of shares in which the participant will vest is based on three criteria, including the Relative TSR Metric, a sales growth metric and an earnings growth metric. Other performance-based restricted stock units entitle the recipient to shares of common stock if specified market and performance conditions are achieved and vest no earlier than one year from the date of grant and no later than seven years from the date of grant (“Stock-Price Based RSUs”). The grant date fair value of the Performance-Based RSUs subject to the Relative TSR Metric and certain Stock-Price Based RSUs is estimated using Monte Carlo simulation, with the primary input into such valuation being the expected future volatility of the Company’s common stock, and if applicable, the volatilities of the common stocks of the companies in the Company’s peer group, upon which the relative total shareholder return performance is measured. The fair values of these awards generally approximate the fair value of the Company’s common stock on the date of grant. For Performance-Based RSUs and Stock-Price Based RSUs whose vesting is dependent on a sales growth, earnings growth or other performance metric, the Company assesses the probability of achievement of such metrics each period and records expense for the awards based on the probable achievement of such metrics. Performance-based restricted stock units are not subject to the payment of dividend equivalents in the same manner as time-based restricted stock units. Rather, with respect to performance-based restricted stock units, dividend equivalents are credited to the recipient and are paid only to the extent the applicable performance criteria are met and the performance-based restricted stock units vest and the related stock is issued. In the case of retirement (as defined in the award agreement), awards vest depending on the employee’s age and years of service, subject to the satisfaction of the applicable performance criteria. Stock Plans The Company’s stock plans include plans adopted in 2003, 2010 and 2013. In 2013, a plan was approved by the Company’s stockholders (the “2013 Plan”). Upon approval of the 2013 Plan, shares available for issuance of new awards under all plans other than the 2013 Plan were canceled, and all future grants are required to be made from the 2013 Plan. In addition, awards under the 2010 plan granted and forfeited after December 31, 2012 have the effect of decreasing and increasing, respectively, the availability under the 2013 Plan as if the 2013 Plan were in effect as of January 1, 2013. The total number of shares of the Company’s common stock that may be issued under the 2013 Plan may not exceed 62.5 million; however, stock awards and stock units for one share reduce availability under the 2013 Plan by 3.5 shares. The 2013 Plan generally provides for awards to vest over a minimum three-year period, except for performance-based grants, which may vest over a minimum of one year, and executive new hire grants, which have no required minimum vesting period. The following table depicts the number of shares authorized for issuance and available under the 2013 Plan (shares in millions):
As of December 31, 2016, the Company had 0.3 million and 0.4 million options outstanding under the 2010 and 2003 plans, respectively. The Company accounts for stock-based compensation pursuant to relevant authoritative guidance, which requires measurement of compensation cost for all stock awards at fair value on the date of grant and recognition of compensation, net of estimated forfeitures, over the requisite service period for awards expected to vest. The table below summarizes the expense related to share-based payments for the years ended December 31, (in millions):
The following table summarizes the changes in the number of shares of common stock under option for 2016 (shares and aggregate intrinsic value in millions):
The total intrinsic value of options exercised was $11.3 million in 2016. The weighted-average remaining contractual life for options outstanding and options exercisable was two years as of December 31, 2016. The following table summarizes the changes in the number of outstanding restricted stock units for 2016 (shares in millions):
The weighted-average grant-date fair values of awards granted were $41 and $33 per share in 2015 and 2014, respectively. The fair values of awards that vested were $54.1 million, $74.2 million and $41.0 million in 2016, 2015 and 2014, respectively. In 2017, the Company expects to repurchase 0.4 million shares to satisfy employee tax withholding obligations in connection with the vesting of restricted stock units and Performance-Based RSUs. During 2016, 2015 and 2014, the Company awarded 1.1 million, 0.7 million and 0.7 million Performance-Based RSUs, respectively, which entitle recipients to shares of the Company’s stock at the end of a three-year vesting period if specified performance or market conditions are achieved. The Performance-Based RSUs entitle recipients to shares of common stock equal to 0% up to 200% of the number of units granted at the vesting date, depending on the level of achievement of the specified performance, market and service conditions. As of December 31, 2016, 2.1 million Performance-Based RSUs were outstanding, and based on performance through December 31, 2016, recipients of Performance-Based RSUs would be entitled to 3.0 million shares at the vesting date. The Performance-Based RSUs are included in the preceding table as if the participants earn shares equal to 100% of the units granted. The following table summarizes the Company’s total unrecognized compensation cost related to stock-based compensation as of December 31, 2016 (in millions):
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| X | ||||||||||
- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- References No definition available.
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Income Taxes |
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| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Text Block] | Income Taxes The provision for income taxes consists of the following for the years ended December 31, (in millions):
The non-U.S. component of income before income taxes was $480.4 million, $186.2 million and $163.3 million in 2016, 2015 and 2014, respectively. A reconciliation of the U.S. statutory rate to the effective income tax rate on a continuing basis is as follows for the years ended December 31,:
The components of net deferred tax assets are as follows as of December 31, (in millions):
The Company has $1,511.3 million of U.S., State, and foreign net operating losses, of which $811.3 million do not expire and $700.0 million expire between 2017 and 2036. $442.2 million are U.S. federal net operating losses which are subject to varying limitations on their use under Section 382 of the Internal Revenue Code of 1986, as amended. Of these U.S. federal net operating losses, $406.0 million are not reflected in the consolidated financial statements and approximately $31.0 million were utilized in the current year. The foreign tax credit carryforwards begin to expire in 2020. The Company routinely reviews valuation allowances recorded against deferred tax assets on a more likely than not basis as to whether the Company has the ability to realize the deferred tax assets. In making such a determination, the Company takes into consideration all available and appropriate positive and negative evidence, including projected future taxable income, future reversals of existing taxable temporary differences, the ability to carryback net operating losses, and available tax planning strategies. Although realization is not assured, based on this existing evidence, the Company believes it is more likely than not that the Company will realize the benefit of existing deferred tax assets, net of the valuation allowances. As of December 31, 2016, the Company has a valuation allowance recorded against foreign net operating losses and other deferred tax assets the Company believes are not more likely than not to be realized due to the uncertainty resulting from a lack of previous taxable income within the applicable tax jurisdictions. A valuation allowance of $325.3 million and $291.0 million was recorded against certain deferred tax asset balances as of December 31, 2016 and 2015, respectively. For the year ended December 31, 2016, the Company recorded a net valuation allowance increase of $34.3 million which comprised of acquired valuation allowance from Jarden, a valuation allowance decrease of $17.9 million related to the Company’s UK operations for which the Company concluded the deferred tax assets were realizable; currency translation in foreign jurisdictions due to the strengthening of the U.S. dollar against the Euro, British Pound, and other currencies; and the increase in valuation allowance in the current year in certain jurisdictions that the Company previously determined were not more likely than not to be realized. For the year ended December 31, 2015, the Company recorded a net valuation allowance decrease of $54.3 million which is comprised of a valuation allowance reduction of $12.8 million for which the Company concluded the deferred tax assets were realizable; currency translation in foreign jurisdictions due to the strengthening of the U.S. dollar against the Euro and other currencies; and, the utilization of prior year net operating losses in the current year in certain jurisdictions that the Company previously determined were not more likely than not to be realized. For the year ended December 31, 2014, the Company recorded a net valuation allowance decrease of $30.2 million which comprised a valuation allowance reduction of $18.4 million related to various foreign jurisdictions in which the Company concluded the deferred tax assets were realizable; currency translation in foreign jurisdictions due to the strengthening of the U.S. dollar against the Euro, Yen, and other currencies; and the utilization of prior year net operating losses in the current year in certain jurisdictions that the Company previously determined were not more likely than not to be realized. As of the acquisition date April 15, 2016, the Company analyzed the unremitted historical earnings of Jarden’s non-U.S. subsidiaries and recorded a deferred tax liability on the opening balance sheet of $120 million related to most of Jarden’s historical unremitted earnings. As of December 31, 2016, this deferred tax liability decreased to $79.9 million due to distributions and currency fluctuations. The remaining, unremitted non-U.S. subsidiary earnings of the Company at December 31, 2016 are $1,236.1 million. These earnings and profits are considered to be indefinitely reinvested and, accordingly, no U.S. federal or state deferred income taxes have been provided on this amount or any additional excess of the amount for financial reporting over the tax basis of investments in foreign subsidiaries. Earnings and profits is the most significant component of the basis difference which is indefinitely reinvested. Upon distribution of those earnings in the form of dividends or otherwise, the Company would be subject to U.S. income taxes and withholding taxes payable in various non-U.S. jurisdictions, which could potentially be offset by foreign tax credits. Determination of the amount of unrecognized deferred U.S. income tax liability is not practicable because of the complexities associated with its hypothetical calculation. As of December 31, 2016 and 2015, the Company had unrecognized tax benefits of $367.9 million and $162.9 million, respectively. The Company recorded unrecognized tax benefit as a result of acquisitions of $216.4 million in 2016. If recognized, $359.9 million and $155.4 million as of December 31, 2016 and 2015, respectively, would affect the effective tax rate. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits as a component of income tax expense. As of December 31, 2015 and 2014, the Company had recorded accrued interest and penalties related to the unrecognized tax benefits of $21.2 million and $6.3 million, respectively. During 2016, the Company recognized income tax expense on interest and penalties of $3.4 million due to the accrual of current year interest on existing positions offset by the resolution of certain tax contingencies offset. In 2015, the Company recognized an income tax benefit on interest and penalties of $0.1 million due to the resolution of certain tax contingencies offset by an accrual of current year interest on existing positions. The following table summarizes the changes in gross unrecognized tax benefits for the years ended December 31, (in millions):
The Company anticipates approximately $39.6 million of unrecognized tax benefits will reverse within the next 12 months. It is reasonably possible due to activities of various worldwide taxing authorities, including proposed assessments of additional tax and possible settlement of audit issues that additional changes to the Company’s unrecognized tax benefits could occur. In the normal course of business, the Company is subject to audits by worldwide taxing authorities regarding various tax liabilities. The Company’s U.S. federal income tax returns for 2011, 2012, and 2013 as well as certain state and non-US income tax returns for various years, are under routine examination. The Company files numerous consolidated and separate income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions. The statute of limitations for the Company’s U.S. federal income tax returns has expired for years prior to 2011.The Company’s Canadian tax returns are subject to examination for years after 2010. With few exceptions, the Company is no longer subject to other income tax examinations for years before 2012. |
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair Value Disclosures |
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| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures | Fair Value Accounting principles generally accepted in the U.S. define fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). These valuation techniques are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. As the basis for evaluating such inputs, a three-tier value hierarchy prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices for identical assets or liabilities in active markets. Level 2: Observable inputs other than quoted prices that are directly or indirectly observable for the asset or liability, including quoted prices for similar assets or liabilities in active markets; quoted prices for similar or identical assets or liabilities in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions. Recurring Fair Value Measurements The Company’s financial assets and liabilities adjusted to fair value at least annually are its money market fund investments included in cash and cash equivalents, its mutual fund investments included in other assets, and its derivative instruments, which are primarily included in prepaid expenses and other, other assets, other accrued liabilities and other noncurrent liabilities. The Company determines the fair value of its mutual fund investments based on quoted market prices (Level 1). Level 2 fair value determinations are derived from directly or indirectly observable (market-based) information. Such inputs are the basis for the fair values of the Company’s money market fund investments and derivative instruments. The money market fund investments held by the Company and included in cash and cash equivalents are not publicly traded, but the fair value is determined based on the values of the underlying investments in the money market fund (Level 2). The Company generally uses derivatives for hedging purposes, and the Company’s derivatives are primarily foreign currency forward contracts and interest rate swaps. The Company determines the fair value of its derivative instruments using standard pricing models and market-based assumptions for all significant inputs, such as yield curves and quoted spot and forward exchange rates. Accordingly, the Company’s derivative instruments are classified as Level 2. The following tables present the Company’s non-pension financial assets and liabilities, which are measured at fair value on a recurring basis (in millions):
The Company adjusts its pension asset values to fair value on an annual basis. See Footnote 13 of the Notes to Consolidated Financial Statements for information regarding the fair values of the Company’s pension assets. Nonrecurring Fair Value Measurements The Company’s nonfinancial assets which are measured at fair value on a nonrecurring basis include property, plant and equipment, goodwill, intangible assets and certain other assets. The Company’s annual and interim impairment tests of goodwill and indefinite-lived intangible assets did not result in the Company recording any material impairment charges during 2016, 2015 and 2014. In making the assessment of goodwill impairment, management relies on a number of factors including operating results, business plans, economic projections, anticipated future cash flows, transactions and marketplace data. Accordingly, these fair value measurements fall in Level 3 of the fair value hierarchy. The factors used by management in the impairment analysis are inherently subject to uncertainty. While the Company believes it has made reasonable estimates and assumptions to determine the fair value of its reporting units, if actual results are not consistent with management’s estimates and assumptions, goodwill and other intangible assets may be overstated and could potentially trigger additional impairment charges. During 2016, 2015 and 2014 impairments associated with plans to dispose of certain property, plant and equipment were not material. The impairments were estimated based on the proceeds expected to be realized upon disposition of the assets. In the absence of a definitive sales price for these and similar types of assets, the Company generally uses projected cash flows, discounted as necessary, or market multiples to estimate the fair values of the impaired assets. Key inputs into the projected cash flows include management’s projections of cash flows on a held-and-used basis (if applicable), management’s projections of cash flows upon disposition and discount rates. Key inputs into the market multiple approach include identifying companies comparable to the Company’s business and estimated control premiums. Accordingly, these fair value measurements fall in the Level 3 category of the fair value hierarchy. These assets and certain liabilities are measured at fair value on a nonrecurring basis as part of the Company’s impairment assessments and as circumstances require. The Company completed the acquisitions of Jarden during 2016, Elmer’s during 2015 and Ignite and Baby Jogger during 2014. The Company also acquired the assets of bubba during 2014. The Company allocates purchase consideration to the tangible assets acquired, liabilities assumed and intangible assets acquired based on their estimated fair values. Determining the fair values of assets acquired and liabilities assumed, particularly acquired intangible assets, requires the Company to make estimates and assumptions, including estimates regarding the future expected cash flows from customer relationships, trade names and trademarks and acquired patents and developed technology; royalty rates; the period of time the Company expects to use the acquired intangible asset; and discount rates. In marking these estimates, the Company considers demand, competition and other economic factors. The Company allocated $13.5 billion and $249.0 million of value to intangible assets acquired in 2016 and 2015, respectively. The Company’s estimates and projections are inherently uncertain, and the estimated values of assets acquired and liabilities assumed are dependent on such estimates. Accordingly, these fair value measurements fall in the Level 3 category of the fair value hierarchy. Acquired assets and liabilities are measured at fair value on a nonrecurring basis, generally in connection with acquisitions and as circumstances require for impairment testing. The carrying value and estimated fair value measurement of assets held for sale are classified as Level 3, as the fair values utilize significant unobservable inputs. As discussed in Footnote 3, as of December 31, 2015, the net assets held for sale represented the Décor business, which was sold on June 30, 2016 without further adjustment to their carrying values. Also as discussed in Footnote 3, as of December 31, 2016, there were several businesses and brands that the Company announced it would divest and relating to which their assets and liabilities were classified as assets and liabilities held for sale as of December 31, 2016. Financial Instruments The Company’s financial instruments include cash and cash equivalents, accounts receivable, accounts payable, derivative instruments, notes payable and short- and long-term debt. The carrying values for current financial assets and liabilities, including cash and cash equivalents, accounts receivable and accounts payable, approximate fair value due to the short maturity of such instruments. The fair values of the Company’s derivative instruments are recorded in the Consolidated Balance Sheets and are disclosed in Footnote 11. The fair values of the Company’s senior notes (see Footnote 11) are based on quoted market prices and are as follows as of December 31, (in millions):
The carrying amounts of all other significant debt approximates fair value. |
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- References No definition available.
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- Definition The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information |
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| Segment Reporting Information, Additional Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Information | Industry Segment Information On April 15, 2016, Jarden became a direct wholly-owned subsidiary of Newell Brands Inc. Jarden is a global consumer products company with brands such as Yankee Candle®, Crock-Pot®, FoodSaver®, Mr. Coffee®, Oster®, Coleman®, First Alert®, Rawlings®, Jostens®, K2®, Marker®, Marmot®, Völkl® and many others. The segment information includes results of operations of Jarden since the acquisition date in the following Jarden segments: Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. On October 22, 2015, the Company acquired Elmer’s, whose brands include Elmer’s®, Krazy Glue® (a trademark of Toagosei Co. Ltd. used with permission) and X-Acto®. Elmer’s is a provider of activity-based adhesive and cutting products and is included in the Writing segment. The segment information includes the results of operations of Elmer’s since the acquisition date. Refer to Footnote 2 for additional information about the acquisition. On September 4, 2014, the Company acquired 100% of Ignite. Ignite is a designer and marketer of durable beverage containers sold under the Contigo® and Avex® brands and is included in the Home Solutions segment. On October 22, 2014, the Company acquired the assets of bubba, a designer and marketer of durable beverage containers, which is included in the Home Solutions segment. On December 15, 2014, the Company acquired Baby Jogger, a designer and marketer of premium infant and juvenile products focused on activity strollers and related accessories, which is included in the Baby & Parenting segment. The segment information includes the results of operations of all three acquired companies since the acquisition date. Refer to Footnote 2 for additional information about the acquisitions. The Company’s reportable segments are as follows:
The Company’s segment and geographic results are as follows as of and for the years ended December 31, (in millions):
The following table summarizes the net sales by product grouping for the years ended December 31, (in millions):
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Litigation And Contingencies |
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| Litigation And Contingencies [Abstract] | |
| Litigation And Contingencies | Litigation and Contingencies The Company is involved in legal proceedings in the ordinary course of its business. These proceedings include claims for damages arising out of use of the Company’s products, allegations of infringement of intellectual property, commercial disputes and employment matters, as well as environmental matters. Some of the legal proceedings include claims for punitive as well as compensatory damages, and certain proceedings may purport to be class actions. The Company, using current product sales data and historical trends, actuarially calculates the estimate of its exposure for product liability. The Company had product liability reserves of $81.7 million and $41.2 million as of December 31, 2016 and 2015, respectively. The Company is insured for product liability claims for amounts in excess of established deductibles and accrues for the estimated liability as described up to the limits of the deductibles. All other claims and lawsuits are handled on a case-by-case basis. The Company recognizes warranty costs based on an estimate of amounts required to meet future warranty obligations arising as part of the sale of its products. The Company accrues an estimated liability at the time of a product sale based on historical claim rates applied to current period sales, as well as any information applicable to current product sales that may indicate a deviation from such historical claim rate trends. Recall of Harness Buckles on Select Car Seats In February 2014, Graco, a subsidiary of the Company, announced a voluntary recall in the U.S. of harness buckles used on approximately 4 million toddler car seats manufactured between 2006 and 2013. In July 2014, Graco announced that it had agreed to expand the recall to include certain infant car seats manufactured between July 2010 and May 2013. There have been no reported injuries associated with the recalled harness buckles used on these toddler or infant car seats. In December 2014, the National Highway Traffic Safety Administration (the “NHTSA”) announced an investigation into the timeliness of the recall, and in March 2015, the investigation concluded with Graco entering into a consent order with NHTSA pursuant to which Graco committed to spend $7.0 million in total over a five-year period to enhance child passenger safety and make a $3.0 million payment to NHTSA, which was paid in the year ended December 31, 2015. With respect to the $7.0 million required to be spent over five years, the Company has spent approximately $2.1 million to date. The Company recorded the $10.0 million of costs associated with the consent order in the first quarter of 2015. Legal Matters A class action lawsuit, Hirsch v. Lillie, et al., was filed on February 24, 2016 on behalf of Jarden shareholders in the United States District Court for the Southern District of Florida, alleging violations of Section 14(a) of the Exchange Act in respect of the Registration/Proxy Statement on Form S-4 relating to the Jarden Acquisition. The suit named each of the Jarden directors as defendants, as well as the Company. No individual directors or officers of the Company were named as defendants. The parties entered into a settlement term sheet, pursuant to which the Company added certain disclosures to the Form S-4. Counsel for the shareholders filed in July 2016, but then withdrew in August 2016, a motion to approve the settlement. In October 2016, the Company and its relevant subsidiaries were voluntarily dismissed from the case. In December 2016, the parties (including the Company) entered into a new settlement whereby the lawsuit was voluntarily dismissed. A second class action lawsuit, Paree v. Franklin, et al., was filed in the State Circuit Court in Palm Beach County, Florida on March 10, 2016, purportedly on behalf of Jarden stockholders, against the directors of Jarden. The Company was also named as a defendant. Plaintiff alleged that defendants breached their fiduciary duties to Jarden stockholders in connection with the Jarden Acquisition by, among other things, failing to take reasonable steps to obtain and/or ensure that Jarden stockholders receive fair and adequate value for their shares, and that the Company aided and abetted such breaches. Plaintiff further alleged that defendants provided materially false and misleading disclosures and omitted necessary information in their joint proxy statement/prospectus concerning the sales process of Jarden. The complaint sought rescission or rescissory damages with respect to the merger transactions, an award of attorneys’ and experts’ fees and costs, and a direction from the court that Jarden’s individual board members account for all damages suffered as a result of their alleged wrongdoing. On March 28, 2016, the parties filed an Agreed Joint Motion to Stay Proceedings, seeking a stay of the litigation, pending the outcome of the Hirsch v. Lillie action. In December 2016, the parties (including the Company) entered into a settlement whereby the lawsuit was voluntarily dismissed. Jarden Acquisition Under the Delaware General Corporation Law (“DGCL”), any Jarden stockholder who did not vote in favor of adoption of the Merger Agreement, and otherwise complies with the provisions of Section 262 of the DGCL, is entitled to seek an appraisal of its shares of Jarden common stock by the Court of Chancery of the State of Delaware as provided under Section 262 of the DGCL. As of December 31, 2016, dissenting stockholders collectively holding approximately 10.6 million shares of Jarden common stock have delivered (and not withdrawn) to Jarden written demands for appraisal. Two separate appraisal petitions, styled Dunham Monthly Distribution Fund v. Jarden Corporation, Case No. 12454-VCS (Court of Chancery of the State of Delaware) and Merion Capital LP v. Jarden Corporation, Case No. 12456-VCS (Court of Chancery of the State of Delaware), respectively, were filed on June 14, 2016 by a total of ten purported Jarden stockholders seeking an appraisal of the fair value of their shares of Jarden common stock pursuant to Section 262 of the DGCL. A third appraisal petition (Fir Tree Value Master Fund, LP v. Jarden Corporation, Case No. 12546-VCS (Court of Chancery of the State of Delaware)) was filed on July 8, 2016 by two purported Jarden stockholders seeking an appraisal of the fair value of their shares of Jarden common stock pursuant to Section 262 of the DGCL. A fourth appraisal petition (Veritian Partners Master Fund LTP v. Jarden Corporation, Case No. 12650-VCS (Court of Chancery of the State of Delaware)) was filed on August 12, 2016 by two purported Jarden stockholders seeking an appraisal of the fair value of their shares of Jarden common stock pursuant to Section 262 of the DGCL. These cases remain pending, and litigation is ongoing. The fair value of the 10.6 million Jarden common shares held by these dissenting stockholders, as determined by the court, would be payable in cash and could be lower or higher than the merger consideration and/or may include a greater amount of cash than the merger consideration to which such Jarden stockholders would have been entitled under the Merger Agreement. Environmental Matters The Company is involved in various matters concerning federal and state environmental laws and regulations, including matters in which the Company has been identified by the U.S. Environmental Protection Agency (“U.S. EPA”) and certain state environmental agencies as a potentially responsible party (“PRP”) at contaminated sites under the Federal Comprehensive Environmental Response, Compensation and Liability Act (the “CERCLA”) and equivalent state laws. In assessing its environmental response costs, the Company has considered several factors, including the extent of the Company’s volumetric contribution at each site relative to that of other PRPs; the kind of waste; the terms of existing cost sharing and other applicable agreements; the financial ability of other PRPs to share in the payment of requisite costs; the Company’s prior experience with similar sites; environmental studies and cost estimates available to the Company; the effects of inflation on cost estimates; and the extent to which the Company’s, and other parties’, status as PRPs is disputed. The Company’s estimate of environmental remediation costs associated with these matters as of December 31, 2016 was $41.9 million, which is included in other accrued liabilities and other noncurrent liabilities in the Consolidated Balance Sheet. No insurance recovery was taken into account in determining the Company’s cost estimates or reserves, nor do the Company’s cost estimates or reserves reflect any discounting for present value purposes, except with respect to certain long-term operations and maintenance CERCLA matters. Lower Passaic River Matter U.S. EPA has issued General Notice Letters (“GNLs”) to over 100 entities, including the Company and Berol Corporation, a subsidiary of the Company (“Berol”), alleging that they are PRPs at the Diamond Alkali Superfund Site, which includes a 17-mile stretch of the Lower Passaic River and its tributaries. Seventy-two of the GNL recipients, including the Company on behalf of itself and its subsidiaries, Goody Products, Inc. and Berol (the “Company Parties”), have taken over the performance of the remedial investigation (“RI”) and feasibility study (“FS”) for the Lower Passaic River. On April 11, 2014, while work on the RI/FS remained underway, U.S. EPA issued a Source Control Early Action Focused Feasibility Study (“FFS”), which proposed four alternatives for remediation of the lower 8.3 miles of the Lower Passaic River. U.S. EPA’s cost estimates for its cleanup alternatives ranged from $315.0 million to approximately $3.2 billion in capital costs plus from $0.5 million to $1.8 million in annual maintenance costs for 30 years, with its preferred alternative carrying an estimated cost of approximately $1.7 billion plus an additional $1.6 million in annual maintenance costs for 30 years. In February 2015, the participating parties submitted to the U.S. EPA a draft RI, followed by submission of a draft FS in April 2015. The draft FS sets forth various alternatives for remediating the lower 17 miles of the Passaic River, ranging from a “no action” alternative, to targeted remediation of locations along the entire lower 17 mile stretch of the river, to remedial actions consistent with U.S. EPA’s preferred alternative as set forth in the FFS for the lower 8.3 miles coupled with monitored natural recovery and targeted remediation in the upper 9 miles. The estimated cost estimates for these alternatives range from approximately $28.0 million to $2.7 billion, including related operation maintenance and monitoring costs. The draft RI/FS remains under review by U.S. EPA. U.S. EPA issued its final Record of Decision for the lower 8.3 miles of the Lower Passaic (the “ROD”) in March 2016, which, in the language of the document, finalizes as the selected remedy the preferred alternative set forth in the FFS, which U.S. EPA estimates will cost $1.4 billion. Subsequent to the release of the ROD in March 2016, U.S. EPA issued GNLs for the lower 8.3 miles of the Passaic River (the “2016 GNL”) to numerous entities, apparently including all previous recipients of the initial GNL as well as several additional entities. As with the initial GNL, the Company and Berol were among the recipients of the 2016 GNL. The 2016 GNL states that U.S. EPA would like to determine whether one entity, Occidental Chemical Corporation (“OCC”), will voluntarily perform the remedial design for the selected remedy for the lower 8.3 miles, and that following execution of an agreement for the remedial design, U.S. EPA plans to begin negotiation of a remedial action consent decree “under which OCC and the other major PRPs will implement and/or pay for U.S. EPA’s selected remedy for the lower 8.3 miles of the Lower Passaic River and reimburse U.S. EPA’s costs incurred for the Lower Passaic River.” The letter “encourage[s] the major PRPs to meet and discuss a workable approach to sharing responsibility for implementation and funding of the remedy" without indicating who may be the “major PRPs.” Finally, U.S. EPA states that it “believes that some of the parties that have been identified as PRPs under CERCLA, and some parties not yet named as PRPs, may be eligible for a cash out settlement with U.S. EPA for the lower 8.3 miles of the Lower Passaic River. U.S. EPA intends to provide separate notice of the opportunity to discuss a cash out settlement at a later date.” In September 2016, OCC and EPA entered into an Administrative Order on Consent for performance of the remedial design. At this time, it is unclear how the cost of any cleanup would be allocated among any of the parties, including the Company Parties or any other entities. The site is also subject to a Natural Resource Damage Assessment. OCC has asserted that it is entitled to indemnification by Maxus Energy Corporation (“Maxus”) for its liability in connection with the Diamond Alkali Superfund Site. OCC has also asserted that Maxus’s parent company, YPF, S.A., and certain other affiliates (the “YPF Entities”) similarly must indemnify OCC, including on an “alter ego” theory. On June 17, 2016, Maxus and certain of its affiliates commenced a chapter 11 bankruptcy case in the U.S. Bankruptcy Court for the District of Delaware. In connection with that proceeding, the YPF Entities are attempting to resolve any liability they may have to Maxus and the other Maxus entities undergoing the chapter 11 bankruptcy. Given the uncertainties pertaining to this matter, including that U.S. EPA is still reviewing the draft RI and FS, that no framework for or agreement on allocation for the investigation and ultimate remediation has been developed, and that there exists the potential for further litigation regarding costs and cost sharing, the extent to which the Company Parties may be held liable or responsible is not yet known. Accordingly, it is not possible at this time for the Company to estimate its ultimate liability related to this matter. Based on currently known facts and circumstances, the Company does not believe that this matter is reasonably likely to have a material impact on the Company’s results of operations, including, among other factors, because the Company Parties’ facilities are not even alleged to have discharged the contaminants which are of the greatest concern in the river sediments, and because there are numerous other parties who will likely share in any costs of remediation and/or damages. However, in the event of one or more adverse determinations related to this matter, it is possible that the ultimate liability resulting from this matter and the impact on the Company’s results of operations could be material. Because of the uncertainties associated with environmental investigations and response activities, the possibility that the Company could be identified as a PRP at sites identified in the future that require the incurrence of environmental response costs and the possibility that sites acquired in business combinations may require environmental response costs, actual costs to be incurred by the Company may vary from the Company’s estimates. Clean Air Act Labeling Matter In April 2015, the Company became aware that two beverage container products, one product of its recently acquired bubba brands business and one product of its recently acquired Ignite business, contained closed cell rigid polyurethane foam insulation that was blown with HCFC-141b, which is listed as a Class II ozone-depleting substance under the Montreal Protocol on Substances that Deplete the Ozone Layer. Under the Clean Air Act and U.S. EPA’s regulations promulgated thereunder, as of January 1, 2015, certain products made with or containing ozone depleting substances, including HCFC-141b, must bear a specific warning label. The Company discovered that the affected products imported in early 2015 did not display the required label. While the affected product lines were not compliant with applicable environmental regulations regarding ozone depleting substances, use of the products is safe and poses no risk to consumers. Upon discovery, the Company self-reported the violations to the U.S. EPA and replaced the blowing agent in the products. The Company is in the process of negotiating a settlement with U.S. EPA which would include payment of a penalty; although settlement negotiations are at an early stage, the Company does not expect that the penalty will exceed $110,000. Other Matters Although management of the Company cannot predict the ultimate outcome of these proceedings with certainty, it believes that the ultimate resolution of the Company’s proceedings, including any amounts it may be required to pay in excess of amounts reserved, will not have a material effect on the Company’s Consolidated Financial Statements, except as otherwise described above. In the normal course of business and as part of its acquisition and divestiture strategy, the Company may provide certain representations and indemnifications related to legal, environmental, product liability, tax or other types of issues. Based on the nature of these representations and indemnifications, it is not possible to predict the maximum potential payments under all of these agreements due to the conditional nature of the Company’s obligations and the unique facts and circumstances involved in each particular agreement. Historically, payments made by the Company under these agreements did not have a material effect on the Company’s business, financial condition or results of operations. As of December 31, 2016, the Company had $80.0 million in standby letters of credit primarily related to the Company’s self-insurance programs, including workers’ compensation, product liability and medical. |
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- Definition The entire disclosure for legal proceedings, legal contingencies, litigation, regulatory and environmental matters and other contingencies. No definition available.
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| Schedule of Valuation and Qualifying Accounts Disclosure [Text Block] | Newell Brands Inc. and subsidiaries Valuation and Qualifying Accounts
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- Definition SCHEDULE II [Abstract] No definition available.
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- Definition The entire disclosure for any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Basis Of Presentation And Significant Accounting Policies (Policies) |
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| Basis Of Presentation And Significant Accounting Policies [Abstract] | |
| Nature of Operations [Text Block] | Description of Business Newell Brands is a global marketer of consumer and commercial products that help people get more out of life every day, where they live, learn, work and play. Our products are marketed under a strong portfolio of leading brands, including Paper Mate®, Sharpie®, Dymo®, Expo®, Parker®, Elmer’s®, Coleman®, Jostens®, Marmot®, Rawlings®, Irwin®, Lenox®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, Rubbermaid Commercial Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, First Alert®, Waddington and Yankee Candle®. The Company’s multi-product offering consists of well-known, name brand consumer and commercial products in nine business segments: Writing, Home Solutions, Tools, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. During 2014, the Company’s Endicia® and Culinary electrics and retail businesses were classified as discontinued operations based on the Company’s commitment in 2014 to sell the businesses. The Company completed the sale of Endicia in November 2015 and ceased operations in its Culinary electrics and retail businesses in the first quarter of 2015 |
| Consolidation, Policy [Policy Text Block] | Principles of Consolidation The consolidated financial statements include the accounts of the Company, its majority-owned subsidiaries and variable interest entities where the Company is the primary beneficiary, after elimination of intercompany transactions and balances. |
| Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of these consolidated financial statements requires the use of certain estimates by management in determining the Company’s assets, liabilities, sales and expenses, and related disclosures. Actual results could differ from those estimates. |
| Concentration Risk Disclosure [Text Block] | Concentration of Credit Risk The Company sells products to customers in diversified industries and geographic regions and, therefore, has no significant concentrations of credit risk. The Company continuously evaluates the creditworthiness of its customers and generally does not require collateral. The Company evaluates the collectibility of accounts receivable based on a combination of factors. When aware of a specific customer’s inability to meet its financial obligations, such as in the case of bankruptcy filings or deterioration in the customer’s operating results or financial position, the Company records a specific reserve for bad debt to reduce the related receivable to the amount the Company reasonably believes is collectible. The Company also records reserves for bad debt for all other customers based on a variety of factors, including the length of time the receivables are past due and historical collection experience. Accounts are also reviewed for potential write-off on a case-by-case basis. Accounts deemed uncollectible are written off, net of expected recoveries. If circumstances related to specific customers change, the Company’s estimates of the recoverability of receivables could be further adjusted. The Company’s forward exchange contracts do not subject the Company to risk due to foreign exchange rate movement, because gains and losses on these instruments generally offset gains and losses on the assets, liabilities and other transactions being hedged. The Company is exposed to credit-related losses in the event of non-performance by counterparties to certain derivative financial instruments. The Company does not obtain collateral or other security to support derivative financial instruments subject to credit risk, but monitors the credit standing of the counterparties. |
| Revenue Recognition, Policy [Policy Text Block] | Sales Recognition and Customer Programs Sales of merchandise and freight billed to customers are recognized when title passes and all substantial risks of ownership change, which generally occurs either upon shipment or upon delivery based upon contractual terms. Sales are net of provisions for cash discounts, returns, customer discounts (such as volume or trade discounts), cooperative advertising and other sales-related discounts and programs. Under customer programs and arrangements that require sales incentives to be paid in advance, the Company amortizes the amount paid over the period of benefit or contractual sales volume. When incentives are paid in arrears, the Company accrues the estimated amount to be paid based on the program’s contractual terms, expected customer performance and/or estimated sales volume. |
| Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents Cash and cash equivalents include cash on hand and highly liquid investments that have a maturity of three months or less when purchased. |
| Inventory, Policy [Policy Text Block] | Inventories Inventories are stated at the lower of cost or market value using the last-in, first-out (LIFO) or first-in, first-out (FIFO) methods (see Footnote 6 for additional information). The Company reduces its inventory value for estimated obsolete and slow-moving inventory in an amount equal to the difference between the cost of inventory and the net realizable value based upon estimates about future demand and market conditions. |
| Property, Plant and Equipment, Policy [Policy Text Block] | Property, Plant and Equipment Property, plant and equipment are stated at cost. Expenditures for maintenance and repairs are expensed as incurred. Depreciation expense is calculated principally on the straight-line basis. Useful lives determined by the Company are as follows: buildings and improvements (20-40 years) and machinery and equipment (3-15 years). |
| Goodwill and Intangible Assets, Policy [Policy Text Block] | Goodwill and Other Indefinite-Lived Intangible Assets The Company conducts its annual test for impairment of goodwill and indefinite-lived intangible assets in the third quarter because it coincides with its annual strategic planning process. The Company evaluates goodwill for impairment annually at the reporting unit level. The Company also tests for impairment if events and circumstances indicate that it is more likely than not that the fair value of a reporting unit is below its carrying amount. If the carrying amount of the reporting unit is greater than the fair value, impairment may be present. The Company assesses the fair value of each reporting unit for its goodwill impairment test based on a discounted cash flow model, an earnings multiple or an actual sales offer received from a prospective buyer, if available. Estimates critical to the Company’s fair value estimates using earnings multiples include the projected financial performance of the reporting unit and the applicable earnings multiple. Estimates critical to the Company’s fair value estimates under the discounted cash flow model include projected financial performance and cash flows of the reporting unit, the discount rate, long-term sales growth rate, product costs and the working capital investment required. The Company measures the amount of any goodwill impairment based upon the estimated fair value of the underlying assets and liabilities of the reporting unit, including any unrecognized intangible assets, and estimates the implied fair value of goodwill. An impairment charge is recognized to the extent the recorded goodwill exceeds the implied fair value of goodwill. The Company evaluates indefinite-lived intangible assets (primarily trademarks and trade names) for impairment annually. The Company also tests for impairment if events and circumstances indicate that it is more likely than not that the fair value of an indefinite-lived intangible asset is below its carrying amount. Estimates critical to the Company’s evaluation of indefinite-lived intangible assets for impairment include the discount rate, royalty rates used in its evaluation of trade names, projected average revenue growth and projected long-term growth rates in the determination of terminal values. An impairment charge is recorded if the carrying amount of an indefinite-lived intangible asset exceeds the estimated fair value on the measurement date. See Footnote 8 for additional detail on goodwill and other intangible assets. |
| Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] | Other Long-Lived Assets The Company tests its other long-lived assets for impairment in accordance with relevant authoritative guidance. The Company evaluates if impairment indicators related to its property, plant and equipment and other long-lived assets are present. These impairment indicators may include a significant decrease in the market price of a long-lived asset or asset group, a significant adverse change in the extent or manner in which a long-lived asset or asset group is being used or in its physical condition, or a current period operating or cash flow loss combined with a history of operating or cash flow losses or a forecast that demonstrates continuing losses associated with the use of a long-lived asset or asset group. If impairment indicators are present, the Company estimates the future cash flows for the asset or group of assets. The sum of the undiscounted future cash flows attributable to the asset or group of assets is compared to their carrying amount. The cash flows are estimated utilizing various projections of sales and expenses, working capital and proceeds from asset disposals on a basis consistent with the strategic plan. If the carrying amount exceeds the sum of the undiscounted future cash flows, the Company determines the assets’ fair value by discounting the future cash flows using a discount rate required for a similar investment of like risk and records an impairment charge as the difference between the fair value and the carrying value of the asset group. Generally, the Company performs its testing of the asset group at the product-line level, as this is the lowest level for which identifiable cash flows are available. |
| Shipping and Handling Cost, Policy [Policy Text Block] | Shipping and Handling Costs The Company records shipping and handling costs as a component of cost of products sold. |
| Product Liability Reserve [Policy Text Block] | Product Liability Reserves The Company has a self-insurance program for product liability that includes reserves for self-retained losses and certain excess and aggregate risk transfer insurance. The Company uses historical loss experience combined with actuarial evaluation methods, review of significant individual files and the application of risk transfer programs in determining required product liability reserves. The Company’s actuarial evaluation methods take into account claims incurred but not reported when determining the Company’s product liability reserve. While the Company believes that it has adequately reserved for these claims, the ultimate outcome of these matters may exceed the amounts recorded by the Company, and such additional losses may be material to the Company’s Consolidated Financial Statements. |
| Standard Product Warranty, Policy [Policy Text Block] | Product Warranties In the normal course of business, the Company offers warranties for a variety of its products. The specific terms and conditions of the warranties vary depending upon the specific product and markets in which the products were sold. The Company accrues for the estimated cost of product warranty at the time of sale based on historical experience. |
| Advertising Costs, Policy [Policy Text Block] | Advertising Costs The Company expenses production costs of print, radio, television and other advertisements as of the first date the advertisements take place, and the Company expenses all other advertising and marketing costs when incurred. |
| Research and Development Expense, Policy [Policy Text Block] | Research and Development Costs Research and development costs relating to both future and current products are charged to selling, general and administrative expenses as incurred. |
| Derivatives, Policy [Policy Text Block] | Derivative Financial Instruments Derivative financial instruments are generally used to manage certain commodity, interest rate and foreign currency risks. These instruments primarily include interest rate swaps, forward starting interest rate swaps, forward exchange contracts and options. The Company’s forward exchange contracts and options do not subject the Company to exchange rate risk because gains and losses on these instruments generally offset gains and losses on the assets, liabilities and other transactions being hedged. However, these instruments, when settled, impact the Company’s cash flows from operations to the extent the underlying transaction being hedged is not simultaneously settled due to an extension, a renewal or otherwise. On the date when the Company enters into a derivative, the derivative is designated as a hedge of the identified exposure. The Company measures effectiveness of its hedging relationships both at hedge inception and on an ongoing basis. Derivatives From time to time, the Company enters into derivative transactions to hedge its exposures to interest rate, foreign currency rate and commodity price fluctuations. The Company does not enter into derivative transactions for trading purposes. Interest Rate Contracts The Company manages its fixed and floating rate debt mix using interest rate swaps. The Company may use fixed and floating rate swaps to alter its exposure to the impact of changing interest rates on its consolidated results of operations and future cash outflows for interest. Floating rate swaps would be used, depending on market conditions, to convert the fixed rates of long-term debt into short-term variable rates. Fixed rate swaps would be used to reduce the Company’s risk of the possibility of increased interest costs. Interest rate swap contracts are therefore used by the Company to separate interest rate risk management from the debt funding decision. The cash paid and received from the settlement of interest rate swaps is included in interest expense. Fair Value Hedges At December 31, 2016, the Company had $596.0 million notional amount of interest rate swaps that exchange a fixed rate of interest for variable rate (LIBOR) of interest plus a weighted average spread. These floating rate swaps are designated as fair value hedges against $346.0 million of principal on the 4.7% Senior Subordinated Notes due 2020 and $250.0 million of principal on the 4.0% Senior Subordinated Notes due 2024 for the remaining life of these notes. The effective portion of the fair value gains or losses on these swaps is offset by fair value adjustments in the underlying debt. Cross-Currency Contracts The Company uses cross-currency swaps to hedge foreign currency risk on certain intercompany financing arrangements with foreign subsidiaries. As of December 31, 2016, the notional value of outstanding cross-currency interest rate swaps was $173.7 million. The cross-currency interest rate swaps are intended to eliminate uncertainty in cash flows in U.S. Dollars and British Pounds in connection with the intercompany financing arrangements. The effective portions of the changes in fair values of these cross-currency interest rate swap agreements are reported in AOCI and an amount is reclassified out of AOCI into other (income) expense, net, in the same period that the carrying value of the underlying foreign currency intercompany financing arrangements are remeasured. Foreign Currency Contracts The Company uses forward foreign currency contracts to mitigate the foreign currency exchange rate exposure on the cash flows related to forecasted inventory purchases and sales and have maturity dates through December 2017. The derivatives used to hedge these forecasted transactions that meet the criteria for hedge accounting are accounted for as cash flow hedges. The effective portion of the gains or losses on these derivatives is deferred as a component of AOCI and is recognized in earnings at the same time that the hedged item affects earnings and is included in the same caption in the statements of operations as the underlying hedged item. At December 31, 2016, the Company had approximately $419.0 million notional amount outstanding of forward foreign currency contracts that are designated as cash flow hedges of forecasted inventory purchases and sales. The Company also uses foreign currency contracts, primarily forward foreign currency contracts, to mitigate the foreign currency exposure of certain other foreign currency transactions. At December 31, 2016, the Company had approximately $1.4 billion notional amount outstanding of these foreign currency contracts that are not designated as effective hedges for accounting purposes and have maturity dates through January 2017. Fair market value gains or losses are included in the results of operations and are classified in other (income) expense, net. Commodity Contracts The Company enters into commodity-based derivatives in order to mitigate the risk associated with the impact changes in prices of commodities could have on the cost of certain of the Company’s raw materials. These commodity-based derivatives provide the Company with cost certainty, and in certain instances, allow the Company to benefit should the cost of the commodity fall below certain dollar thresholds. At December 31, 2016 , the Company had approximately $0.7 million notional amount outstanding of commodity-based derivatives that are not designated as effective hedges for accounting purposes and have maturity dates through December 2017. Fair market value gains or losses associated with commodity derivative instruments are included in the results of operations and are classified in cost of products sold. |
| Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency Operations Assets and liabilities of foreign subsidiaries are translated into U.S. Dollars at the rates of exchange in effect at year-end. The related translation adjustments are made directly to accumulated other comprehensive income (loss). Income and expenses are translated at the average monthly rates of exchange in effect during the year. Foreign currency transaction gains and losses are included in the results of operations and are generally classified in Other (income) expense, net, in the Consolidated Statement of Operations. Foreign currency transaction net losses for 2016, 2015 and 2014 were $2.2 million, $17.9 million and $48.9 million, respectively. International subsidiaries operating in highly inflationary economies remeasure nonmonetary assets at historical rates, while net monetary assets are remeasured at current rates, with the resulting remeasurement adjustment included in net income (loss) as other expense, net. The Company designates certain foreign currency denominated, long-term intercompany financing transactions as being of a long-term investment nature and records gains and losses on the transactions arising from changes in exchange rates as translation adjustments. |
| Inflationary Accounting, Policy [Policy Text Block] | Venezuelan Operations Until December 31, 2015, the Company accounted for its Venezuelan operations using highly inflationary accounting, and therefore, the Company remeasured assets, liabilities, sales and expenses denominated in Bolivar Fuertes (“Bolivars”) into U.S. Dollars using the applicable exchange rate, and the resulting translation adjustments were included in earnings. As of December 31, 2015, the Company determined it could no longer exercise control over its Venezuela operations because the availability of U.S. Dollars had declined significantly over the past several years in each of Venezuela’s three exchange mechanisms. As a result, the Company deconsolidated its Venezuelan operations. Prior to the deconsolidation of the Venezuela operations on December 31, 2015, the results of the Company’s Venezuelan operations have been included in the Company’s Consolidated Statements of Operations for 2015 and all prior periods. |
| Income Tax, Policy [Policy Text Block] | Income Taxes The Company accounts for deferred income taxes using the asset and liability approach. Under this approach, deferred income taxes are recognized based on the tax effects of temporary differences between the financial statement and tax bases of assets and liabilities, as measured by current enacted tax rates. Valuation allowances are recorded to reduce the deferred tax assets to an amount that will more likely than not be realized. No provision is made for the U.S. income taxes on the undistributed earnings of non-U.S. subsidiaries that are considered to be permanently invested. The Company’s income tax provisions are based on calculations and assumptions that are subject to examination by various worldwide tax authorities. Although the Company believes that the positions taken on previously filed tax returns are reasonable, it has established tax, interest and penalty reserves in recognition that various taxing authorities may challenge the positions taken, which could result in additional liabilities for taxes, interest and penalties. The Company regularly reviews its deferred tax assets for recoverability considering historical profitability, projected future taxable income, the expected timing of the reversals of existing temporary differences and tax planning strategies. The authoritative guidance requires application of a “more likely than not” threshold to the recognition and derecognition of tax positions. The Company’s ongoing assessments of the more likely than not outcomes of tax authority examinations and related tax positions require significant judgment and can increase or decrease the Company’s effective tax rate, as well as impact operating results. |
| Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-Based Compensation Stock-based compensation expense is adjusted for estimated forfeitures and is recognized on a straight-line basis over the requisite service period of the award, which is generally three years for stock options and one to three years for restricted stock units and performance-based restricted stock units. The Company estimates future forfeiture rates based on its historical experience. See Footnote 15 for additional information. Stock Options The Company has issued both nonqualified and incentive stock options at exercise prices equal to the Company’s common stock price on the date of grant with contractual terms of ten years. Stock options issued by the Company generally vest and are expensed ratably over three years. For options granted prior to 2008, options become fully vested and are exercisable for one year following termination due to death, disability or retirement at age 65 or older. For options granted since the beginning of 2008, options fully vest and are exercisable for a period of time depending on the employee’s age and years of service in the case of retirement (as defined in the stock option agreement). Stock option grants are generally subject to forfeiture if employment terminates prior to vesting, except upon retirement, in which case the options may remain outstanding and exercisable for the remaining contractual term of the option. The Company has not granted stock options since 2011. Time-Based Restricted Stock Units Awards of time-based restricted stock units are independent of stock option grants and are generally subject to forfeiture if employment terminates prior to vesting. The awards generally cliff-vest in one to three years or vest ratably over three years from the date of grant. In the case of retirement (as defined in the award agreement), awards vest depending on the employee’s age and years of service. The time-based restricted stock units have rights to dividend equivalents payable in cash. The Company expenses the cost of restricted stock units ratably over the vesting period, net of estimated forfeitures. Performance-Based Restricted Stock Units Performance-based restricted stock unit awards represent the right to receive unrestricted shares of stock based on the achievement of Company performance objectives and/or individual performance goals established by the Organizational Development & Compensation Committee and the Board of Directors. The performance-based restricted stock units generally entitle recipients to shares of common stock equal to 0% up to 200% of the number of units granted at the vesting date, depending on the level of achievement of the specified market and performance conditions (“Performance-Based RSUs”). With respect to Performance-Based RSUs granted in all years other than 2015, the number of shares in which the participant vests is based on the Company’s total shareholder return relative to its peer group over a three-year period (“Relative TSR Metric”). For Performance-Based RSUs granted in 2015, the number of shares in which the participant will vest is based on three criteria, including the Relative TSR Metric, a sales growth metric and an earnings growth metric. Other performance-based restricted stock units entitle the recipient to shares of common stock if specified market and performance conditions are achieved and vest no earlier than one year from the date of grant and no later than seven years from the date of grant (“Stock-Price Based RSUs”). The grant date fair value of the Performance-Based RSUs subject to the Relative TSR Metric and certain Stock-Price Based RSUs is estimated using Monte Carlo simulation, with the primary input into such valuation being the expected future volatility of the Company’s common stock, and if applicable, the volatilities of the common stocks of the companies in the Company’s peer group, upon which the relative total shareholder return performance is measured. The fair values of these awards generally approximate the fair value of the Company’s common stock on the date of grant. For Performance-Based RSUs and Stock-Price Based RSUs whose vesting is dependent on a sales growth, earnings growth or other performance metric, the Company assesses the probability of achievement of such metrics each period and records expense for the awards based on the probable achievement of such metrics. Performance-based restricted stock units are not subject to the payment of dividend equivalents in the same manner as time-based restricted stock units. Rather, with respect to performance-based restricted stock units, dividend equivalents are credited to the recipient and are paid only to the extent the applicable performance criteria are met and the performance-based restricted stock units vest and the related stock is issued. In the case of retirement (as defined in the award agreement), awards vest depending on the employee’s age and years of service, subject to the satisfaction of the applicable performance criteria. |
| Recent Accounting Pronouncements Policy | Recent Accounting Pronouncements Changes to U.S. Generally Accepted Accounting Principles (“GAAP”) are established by the Financial Accounting Standards Board (“FASB”) in the form of accounting standards updates (“ASUs”) to the FASB’s Accounting Standards Codification. The Company considers the applicability and impact of all ASUs. In April 2014, the FASB issued ASU No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” Under ASU 2014-08, only disposals representing a strategic shift in operations that have a major effect on the Company’s operations and financial results are presented as discontinued operations. This guidance requires expanded disclosure that provides information about the assets, liabilities, income and expenses of discontinued operations. Additionally, the guidance requires additional disclosure for a disposal of a significant part of an entity that does not qualify for discontinued operations reporting. The Company adopted ASU 2014-08 on January 1, 2015, and the adoption did not impact the Company’s financial statements and disclosures. As required by ASU 2014-08, the businesses classified as discontinued operations as of December 31, 2014 continued to be classified as such after January 1, 2015. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers. Accounting Standard Codification 606 — Revenue Recognition,” which established Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“ASC 606”). ASC 606 will replace existing revenue recognition requirements in GAAP and will require entities to recognize revenue at an amount that reflects the consideration to which we expect to be entitled in exchange for transferring goods or services to a customer. To achieve this core principle, the standard provides a five-step analysis of transactions to determine when and how revenue is recognized. Other major provisions include the capitalization and amortization of certain contract costs, ensuring the time value of money is considered in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. ASC 606 will also require significantly expanded disclosures regarding the qualitative and quantitative information of the Company’s nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. In May 2016, the FASB issued ASU 2016-12, “Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients,” which updated ASU 2014-09. ASU 2016-12 clarifies certain core recognition principles including collectability, sales tax presentation, noncash consideration, contract modifications and completed contracts at transition and disclosures no longer required if the full retrospective transition method is adopted. ASU 2014-09 and ASU 2016-12 are effective for annual reporting periods beginning after December 15, 2017, including interim periods within those annual periods. The standard permits two methods of adoption, either retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). The Company tentatively plans to use the modified retrospective transition method and to adopt ASC 606 on January 1, 2018. The Company is currently evaluating the effect that the updated standard will have on the Company’s financial statements and related disclosures. To that end, the Company has identified a project manager as well as an implementation project team. The team has commenced the assessment phase of the project. Due to the large number of business units, the Company has chosen to start with an initial pilot assessment of four representative business units. In January 2015, the FASB issued ASU No. 2015-01, “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20), Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items,” which simplifies income statement presentation by eliminating the concept of extraordinary items. Previously, events or transactions that were both unusual in nature and infrequent in occurrence for a business entity were considered to be extraordinary items and required separate presentation, net of tax, after income from continuing operations. The presentation and disclosure guidance for items that are unusual in nature or occur infrequently will be retained and will be expanded to include items that are both unusual and infrequently occurring. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU 2015-01 on January 1, 2016, and the adoption of ASU 2015-01 did not have a material impact on the Company’s results of operations, cash flows or financial position. In February 2015, the FASB issued ASU No. 2015-02, “Consolidation (Topic 810),” which amends previous guidance surrounding the consolidation model when assessing control over a legal entity and the primary beneficiary determination. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU 2015-02 on January 1, 2016, and the adoption of ASU 2015-01 did not have a material impact on the Company’s results of operations, cash flows or financial position. In April 2015, the FASB issued ASU No. 2015-03, “Simplifying the Presentation of Debt Issuance Costs,” which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. The guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company retrospectively adopted ASU 2015-03 on January 1, 2016, and the retrospective adoption of ASU 2015-03 had the effect of reducing the Company’s other assets and long-term debt by $18.5 million as of December 31, 2015. At December 31, 2016 total debt included $80.1 million of deferred debt issue costs. In April 2015, the FASB issued ASU No. 2015-05, “Intangibles - Goodwill and Other -Internal-Use Software (Subtopic 350-40), Customers Accounting for Fees Paid in a Cloud Computing Arrangement,” to help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement. The amendments provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license element, then the customer should account for the software license element arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The Company prospectively adopted this guidance as of January 1, 2016, and the adoption did not have a material impact on the Company’s results of operations, cash flows or financial condition. In May 2015, the FASB issued ASU No. 2015-07, “Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (“ASU 2015-07”). ASU 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient and remove certain related disclosure requirements. ASU 2015-07 is effective for annual periods and for interim periods within those fiscal years, beginning after December 15, 2015. Effective December 31, 2016, the Company adopted the provisions of ASU 2015-07. Since this ASU 2015-07 requires only additional disclosures concerning plan assets (see Footnote 17 for disclosures related to the adoption of this Guidance), the adoption of this Guidance did not affect the consolidated financial position, results of operations or cash flows of the Company. In July 2015, the FASB issued ASU No. 2015-11, “Simplifying the Measurement of Inventory,” which modifies existing requirements regarding measuring first-in, first-out and average cost inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (“NRV”), and NRV less an approximately normal profit margin. ASU 2015-11 replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. The Company is currently assessing the impact ASU 2015-11 will have on its financial position and results of operations. In September 2015, the FASB issued ASU No. 2015-16, “Simplifying the Accounting for Measurement-Period Adjustments,” which requires an acquirer in a business combination to recognize measurement-period adjustments during the period in which the acquirer determines the amounts, including the effect on earnings of any amounts the acquirer would have recorded in previous periods if the accounting had been completed at the acquisition date, as opposed to retrospectively. This guidance is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU 2015-16 in the third quarter of 2015, and the adoption did not have a material impact on the Company’s results of operations, cash flows or financial position. In November 2015, the FASB issued ASU No. 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes,” which simplifies the reporting of deferred tax positions, requiring deferred tax assets and liabilities to be classified as noncurrent in the Consolidated Balance Sheets, as opposed to current and noncurrent classification under current GAAP. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. The Company adopted ASU 2015-17 on a retrospective basis in the fourth quarter of 2015, and the adoption resulted in deferred tax assets and liabilities being presented as noncurrent on the Company’s consolidated balance sheet as of December 31, 2015 and 2014. In February 2016, the FASB issued ASU No. 2016-02, “Leases (Topic 842),” which requires lessees to recognize a right-of-use asset and lease liability for all leases with terms of more than 12 months. Recognition, measurement and presentation of expenses will depend on classification as a finance or operating lease. ASU 2016-02 is effective for the Company on January 1, 2019. The Company is beginning to evaluate the impact the adoption of ASU 2016-02 will have on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, “Compensation-Stock Compensation: Improvement to Employee Share-Based Payment Accounting.” ASU 2016-09 provides guidance intended to simplify accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. The guidance is effective for interim and annual periods beginning after December 15, 2016. The adoption of ASU 2016-09 is expected to impact the recording of income taxes in the Company's financial position and results of operations, as well as the operating and financing cash flows on the Consolidated Statements of Cash Flows. The new standard requires: (1) excess tax benefits and tax deficiencies related to share-based awards to be recognized as income tax benefit or expense on a prospective basis in the reporting period in which they vest; (2) excess tax benefits from share-based payment arrangements to be presented within operating activities and withholding tax payments upon vesting of restricted stock units to be presented within financing activities within the cash flow statement; (3) permits the employer to repurchase more of an employee’s shares for tax withholding purposes and not classify the award as a liability that requires valuation on a mark-to-market basis; and (4) allows for a policy election to account for forfeitures as they occur. The Company will adopt this guidance beginning in the first quarter of 2017 and continue its policy of estimating forfeiture rates and presenting withholding tax payments on vested restricted share units as financing activities in the statement s of cash flows. The impact on the Company’s financial statements will be dependent on the timing of award vesting or exercises, tax rates and the intrinsic value when awards vest. Other recently issued ASUs were assessed and determined to be either not applicable or are expected to have a minimal impact on the Company’s consolidated financial position and results of operations. |
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- Definition Basis Of Presentation and Significant Accounting Policies [Abstract] No definition available.
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- Definition Inflationary Accounting, Policy [Policy Text Block] No definition available.
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- Definition Product Liability Reserve [Policy Text Block] No definition available.
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- Definition Description of the impact of recently issued or adopted accounting pronouncements on the company's financial statements. No definition available.
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- Definition Disclosure of accounting policy for advertising costs. For those costs that cannot be capitalized, discloses whether such costs are expensed as incurred or the first period in which the advertising takes place. For direct response advertising costs that are capitalized, describes those assets and the accounting policy used, including a description of the qualifying activity, the types of costs capitalized and the related amortization period. An entity also may disclose its accounting policy for cooperative advertising arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for its derivative instruments and hedging activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for goodwill and intangible assets. This accounting policy also may address how an entity assesses and measures impairment of goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The entire disclosure for the nature of an entity's business, major products or services, principal markets including location, and the relative importance of its operations in each business and the basis for the determination, including but not limited to, assets, revenues, or earnings. For an entity that has not commenced principal operations, disclosures about the risks and uncertainties related to the activities in which the entity is currently engaged and an understanding of what those activities are being directed toward. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, basis of assets, depreciation and depletion methods used, including composite deprecation, estimated useful lives, capitalization policy, accounting treatment for costs incurred for repairs and maintenance, capitalized interest and the method it is calculated, disposals and impairments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for the classification of shipping and handling costs, including whether the costs are included in cost of sales or included in other income statement accounts. If shipping and handling fees are significant and are not included in cost of sales, disclosure includes both the amounts of such costs and the line item on the income statement which includes such costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for standard warranties including the methodology for measuring the liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Derivatives Derivatives (Policies) |
12 Months Ended |
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Dec. 31, 2016 | |
| Derivatives [Abstract] | |
| Derivatives, Policy [Policy Text Block] | Derivative Financial Instruments Derivative financial instruments are generally used to manage certain commodity, interest rate and foreign currency risks. These instruments primarily include interest rate swaps, forward starting interest rate swaps, forward exchange contracts and options. The Company’s forward exchange contracts and options do not subject the Company to exchange rate risk because gains and losses on these instruments generally offset gains and losses on the assets, liabilities and other transactions being hedged. However, these instruments, when settled, impact the Company’s cash flows from operations to the extent the underlying transaction being hedged is not simultaneously settled due to an extension, a renewal or otherwise. On the date when the Company enters into a derivative, the derivative is designated as a hedge of the identified exposure. The Company measures effectiveness of its hedging relationships both at hedge inception and on an ongoing basis. Derivatives From time to time, the Company enters into derivative transactions to hedge its exposures to interest rate, foreign currency rate and commodity price fluctuations. The Company does not enter into derivative transactions for trading purposes. Interest Rate Contracts The Company manages its fixed and floating rate debt mix using interest rate swaps. The Company may use fixed and floating rate swaps to alter its exposure to the impact of changing interest rates on its consolidated results of operations and future cash outflows for interest. Floating rate swaps would be used, depending on market conditions, to convert the fixed rates of long-term debt into short-term variable rates. Fixed rate swaps would be used to reduce the Company’s risk of the possibility of increased interest costs. Interest rate swap contracts are therefore used by the Company to separate interest rate risk management from the debt funding decision. The cash paid and received from the settlement of interest rate swaps is included in interest expense. Fair Value Hedges At December 31, 2016, the Company had $596.0 million notional amount of interest rate swaps that exchange a fixed rate of interest for variable rate (LIBOR) of interest plus a weighted average spread. These floating rate swaps are designated as fair value hedges against $346.0 million of principal on the 4.7% Senior Subordinated Notes due 2020 and $250.0 million of principal on the 4.0% Senior Subordinated Notes due 2024 for the remaining life of these notes. The effective portion of the fair value gains or losses on these swaps is offset by fair value adjustments in the underlying debt. Cross-Currency Contracts The Company uses cross-currency swaps to hedge foreign currency risk on certain intercompany financing arrangements with foreign subsidiaries. As of December 31, 2016, the notional value of outstanding cross-currency interest rate swaps was $173.7 million. The cross-currency interest rate swaps are intended to eliminate uncertainty in cash flows in U.S. Dollars and British Pounds in connection with the intercompany financing arrangements. The effective portions of the changes in fair values of these cross-currency interest rate swap agreements are reported in AOCI and an amount is reclassified out of AOCI into other (income) expense, net, in the same period that the carrying value of the underlying foreign currency intercompany financing arrangements are remeasured. Foreign Currency Contracts The Company uses forward foreign currency contracts to mitigate the foreign currency exchange rate exposure on the cash flows related to forecasted inventory purchases and sales and have maturity dates through December 2017. The derivatives used to hedge these forecasted transactions that meet the criteria for hedge accounting are accounted for as cash flow hedges. The effective portion of the gains or losses on these derivatives is deferred as a component of AOCI and is recognized in earnings at the same time that the hedged item affects earnings and is included in the same caption in the statements of operations as the underlying hedged item. At December 31, 2016, the Company had approximately $419.0 million notional amount outstanding of forward foreign currency contracts that are designated as cash flow hedges of forecasted inventory purchases and sales. The Company also uses foreign currency contracts, primarily forward foreign currency contracts, to mitigate the foreign currency exposure of certain other foreign currency transactions. At December 31, 2016, the Company had approximately $1.4 billion notional amount outstanding of these foreign currency contracts that are not designated as effective hedges for accounting purposes and have maturity dates through January 2017. Fair market value gains or losses are included in the results of operations and are classified in other (income) expense, net. Commodity Contracts The Company enters into commodity-based derivatives in order to mitigate the risk associated with the impact changes in prices of commodities could have on the cost of certain of the Company’s raw materials. These commodity-based derivatives provide the Company with cost certainty, and in certain instances, allow the Company to benefit should the cost of the commodity fall below certain dollar thresholds. At December 31, 2016 , the Company had approximately $0.7 million notional amount outstanding of commodity-based derivatives that are not designated as effective hedges for accounting purposes and have maturity dates through December 2017. Fair market value gains or losses associated with commodity derivative instruments are included in the results of operations and are classified in cost of products sold. |
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- Definition Derivatives [Abstract] No definition available.
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- Definition Disclosure of accounting policy for its derivative instruments and hedging activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stock-Based Compensation Stock-Based Compensation (Policies) |
12 Months Ended |
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Dec. 31, 2016 | |
| Stock-Based Compensation [Abstract] | |
| Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-Based Compensation Stock-based compensation expense is adjusted for estimated forfeitures and is recognized on a straight-line basis over the requisite service period of the award, which is generally three years for stock options and one to three years for restricted stock units and performance-based restricted stock units. The Company estimates future forfeiture rates based on its historical experience. See Footnote 15 for additional information. Stock Options The Company has issued both nonqualified and incentive stock options at exercise prices equal to the Company’s common stock price on the date of grant with contractual terms of ten years. Stock options issued by the Company generally vest and are expensed ratably over three years. For options granted prior to 2008, options become fully vested and are exercisable for one year following termination due to death, disability or retirement at age 65 or older. For options granted since the beginning of 2008, options fully vest and are exercisable for a period of time depending on the employee’s age and years of service in the case of retirement (as defined in the stock option agreement). Stock option grants are generally subject to forfeiture if employment terminates prior to vesting, except upon retirement, in which case the options may remain outstanding and exercisable for the remaining contractual term of the option. The Company has not granted stock options since 2011. Time-Based Restricted Stock Units Awards of time-based restricted stock units are independent of stock option grants and are generally subject to forfeiture if employment terminates prior to vesting. The awards generally cliff-vest in one to three years or vest ratably over three years from the date of grant. In the case of retirement (as defined in the award agreement), awards vest depending on the employee’s age and years of service. The time-based restricted stock units have rights to dividend equivalents payable in cash. The Company expenses the cost of restricted stock units ratably over the vesting period, net of estimated forfeitures. Performance-Based Restricted Stock Units Performance-based restricted stock unit awards represent the right to receive unrestricted shares of stock based on the achievement of Company performance objectives and/or individual performance goals established by the Organizational Development & Compensation Committee and the Board of Directors. The performance-based restricted stock units generally entitle recipients to shares of common stock equal to 0% up to 200% of the number of units granted at the vesting date, depending on the level of achievement of the specified market and performance conditions (“Performance-Based RSUs”). With respect to Performance-Based RSUs granted in all years other than 2015, the number of shares in which the participant vests is based on the Company’s total shareholder return relative to its peer group over a three-year period (“Relative TSR Metric”). For Performance-Based RSUs granted in 2015, the number of shares in which the participant will vest is based on three criteria, including the Relative TSR Metric, a sales growth metric and an earnings growth metric. Other performance-based restricted stock units entitle the recipient to shares of common stock if specified market and performance conditions are achieved and vest no earlier than one year from the date of grant and no later than seven years from the date of grant (“Stock-Price Based RSUs”). The grant date fair value of the Performance-Based RSUs subject to the Relative TSR Metric and certain Stock-Price Based RSUs is estimated using Monte Carlo simulation, with the primary input into such valuation being the expected future volatility of the Company’s common stock, and if applicable, the volatilities of the common stocks of the companies in the Company’s peer group, upon which the relative total shareholder return performance is measured. The fair values of these awards generally approximate the fair value of the Company’s common stock on the date of grant. For Performance-Based RSUs and Stock-Price Based RSUs whose vesting is dependent on a sales growth, earnings growth or other performance metric, the Company assesses the probability of achievement of such metrics each period and records expense for the awards based on the probable achievement of such metrics. Performance-based restricted stock units are not subject to the payment of dividend equivalents in the same manner as time-based restricted stock units. Rather, with respect to performance-based restricted stock units, dividend equivalents are credited to the recipient and are paid only to the extent the applicable performance criteria are met and the performance-based restricted stock units vest and the related stock is issued. In the case of retirement (as defined in the award agreement), awards vest depending on the employee’s age and years of service, subject to the satisfaction of the applicable performance criteria. |
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- Definition Stock-Based Compensation [Abstract] No definition available.
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- Definition Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair Value Disclosures (Policies) |
12 Months Ended |
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Dec. 31, 2016 | |
| Fair Value Disclosures [Abstract] | |
| Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value Accounting principles generally accepted in the U.S. define fair value as the price that would be received to sell an asset or transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). These valuation techniques are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s market assumptions. As the basis for evaluating such inputs, a three-tier value hierarchy prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices for identical assets or liabilities in active markets. Level 2: Observable inputs other than quoted prices that are directly or indirectly observable for the asset or liability, including quoted prices for similar assets or liabilities in active markets; quoted prices for similar or identical assets or liabilities in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions. |
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- References No definition available.
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- Definition Disclosure of accounting policy for determining the fair value of financial instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Acquisitions Acquisitions (Assets Acquired and Liabilities Assumed) (Tables) |
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| Business Combinations [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The table below represents a preliminary allocation of the total purchase price to the identifiable tangible and intangible assets acquired and liabilities assumed in the Jarden Acquisition based on their estimated fair values on the date of acquisition (in millions):
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- References No definition available.
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Acquisitions Acquisitions (Proforma Income Statement Disclosures) (Tables) |
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| Business Combinations [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Acquisition, Pro Forma Information [Table Text Block] |
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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Divestitures and Planned Divestitures Divestitures and Planned Divestitures (Tables) |
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| Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Disclosure of Long Lived Assets Held-for-sale [Table Text Block] | The following table presents information related to the major classes of assets and liabilities that were classified as assets and liabilities held for sale in the Consolidated Balance Sheets as of December 31, (in millions):
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| Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] | The following table provides a summary of amounts included in discontinued operations, which primarily relate to the Endicia and Culinary electrics and retail businesses (in millions):
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- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stockholders' Equity And Accumulated Other Comprehensive Income (Loss) (Tables) |
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| Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | The following tables display the components of accumulated other comprehensive income (loss ) (“AOCI”) as of and for the years ended December 31, 2016, 2015 and 2014 (in millions):
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| Schedule Of Income Tax Effects Allocated To Comprehensive Income Loss Table [Table Text Block] | The income tax (provision) benefit allocated to the components of OCI are as follows (in millions):
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- Definition Schedule Of Income Tax Effects Allocated To Comprehensive Income Loss Table [Table Text Block] No definition available.
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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring Costs (Tables) |
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| Project Renewal [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary Of Restructuring Costs by Type | The following table depicts the restructuring charges, net of adjustments, incurred in connection with Project Renewal for the years ended December 31, (in millions):
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| Changes In Accrued Restructuring Reserves | The following tables depict the activity in accrued restructuring reserves for Project Renewal for 2016 and 2015 (in millions):
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| Schedule Of Restructuring Reserve by Segment | The following tables depict the activity in accrued restructuring reserves for Project Renewal for 2016 and 2015 aggregated by reportable business segment (in millions):
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| Summary Of Restructuring Costs by Type | The following table depicts the restructuring charges, net of adjustments, incurred outside of Project Renewal for the year ended December 31, (in millions):
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| Schedule Of Restructuring Reserve by Segment | The following table depicts the activity in other accrued restructuring reserves for 2016 (in millions):
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| Schedule of Restructuring Charges by Segment [Table Text Block] | The table below shows restructuring costs recognized in continuing operations for all restructuring activities for the years indicated, aggregated by reportable business segment (in millions):
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- Definition Schedule of Restructuring Charges by Segment [Table Text Block] No definition available.
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- Definition Schedule of Restructuring Reserve by Segment [Table Text Block] No definition available.
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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Inventories, Net (Tables) |
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| Inventory, Net [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components Of Net Inventories | The components of net inventories were as follows as of December 31, (in millions):
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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Property, Plant and Equipment, Net Property, Plant and Equipment, Net (Tables) |
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Plant and Equipment [Table Text Block] | Property, plant and equipment, net, consisted of the following as of December 31, (in millions):
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Goodwill [Table Text Block] | A summary of changes in the Company’s goodwill by reportable business segment is as follows for 2016 and 2015 (in millions):
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| Schedule of Indefinite and Finite-lived Intangible Assets [Table Text Block] | The table below summarizes the balance of other intangible assets, net and the Company’s amortization periods using the straight-line method and attribution method for other intangible assets, including capitalized software consisted of the following as of December 31, (in millions):
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| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] | As of December 31, 2016, the aggregate estimated intangible amortization amounts for the succeeding five years are as follows (in millions):
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- Definition Schedule of Indefinite and Finite-lived Intangible Assets [Table Text Block] No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Other Accrued Liabilities (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accrued Liabilities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Accrued Liabilities | Other accrued liabilities included the following as of December 31, (in millions):
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- References No definition available.
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- Definition Tabular disclosure of the components of accrued liabilities. No definition available.
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Debt (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-term Debt, Other Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Debt Disclosure Text Block | The following is a summary of outstanding debt as of December 31, (in millions):
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| Schedule of Maturities of Long-term Debt [Table Text Block] | The Company’s debt maturities for the five years following December 31, 2016 and thereafter are as follows (in millions):
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- References No definition available.
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. No definition available.
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Derivatives (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Derivative Instruments and Hedges, Assets [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Derivative Instruments | The following table summarizes the Company’s outstanding derivative instruments and their effects on the Consolidated Balance Sheets as of December 31, 2016 and 2015 (in millions):
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| Schedule Of Cash Flow Hedges Recognized In Accumulated Other Comprehensive Income | The pretax effects of derivative instruments designated as cash flow hedges on the Company’s Consolidated Statements of Operations and AOCI for 2016, 2015 and 2014 were as follows (in millions):
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- References No definition available.
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- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments Commitments (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||
| Commitments [Abstract] | |||||||||||||||||||||||||||||
| Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | Future minimum rental payments for operating leases with initial or remaining terms in excess of one year are as follows as of December 31, 2016 (in millions):
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- Definition Commitments [Abstract] No definition available.
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Employee Benefit And Retirement Plans (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Defined Benefit Plan Disclosure [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] | Summary of under-funded or non-funded pension benefit plans with projected benefit obligation in excess of plan assets at December 31, (in millions):
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| Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] | Summary of pension plans with accumulated obligations in excess of plan assets at December 31, (in millions):
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| Schedule of Expected Benefit Payments [Table Text Block] | Estimated future benefit payments under the Company’s defined benefit pension plans and postretirement benefit plans are as follows as of December 31, 2016 (in millions):
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| Defined Benefit Pension [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Defined Benefit Plan Disclosure [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Changes in Projected Benefit Obligations [Table Text Block] | The following provides a reconciliation of benefit obligations, plan assets and funded status of the Company’s noncontributory defined benefit pension plans, including the SERP, as of December 31, (dollars in millions):
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| Schedule of Changes in Fair Value of Plan Assets [Table Text Block] |
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| Schedule of Assumptions Used [Table Text Block] |
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| Schedule Of Company's Pension Cost And Supplemental Retirement Plans | Net pension cost includes the following components for the years ended December 31, (dollars in millions):
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| Schedule of Assumptions Used, Periodic Benefit Cost [Table Text Block] |
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| Schedule of Allocation of Plan Assets [Table Text Block] | The composition of domestic pension plan assets at December 31, 2016 and 2015 is as follows:
The composition of international pension plan assets at December 31, 2016 and 2015 is as follows:
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| Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets [Table Text Block] | A reconciliation of the change in the fair value measurement of the defined benefit plans’ consolidated assets using significant unobservable inputs (Level 3) for 2016 and 2015 is as follows (in millions):
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| Other Postretirement Benefit Plans, Defined Benefit [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Defined Benefit Plan Disclosure [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Changes in Projected Benefit Obligations [Table Text Block] |
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| Schedule of Assumptions Used [Table Text Block] |
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| Schedule Of Company's Pension Cost And Supplemental Retirement Plans | Postretirement benefit costs include the following components for the years ended December 31, (in millions):
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| Schedule of Assumptions Used, Periodic Benefit Cost [Table Text Block] |
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- Definition Schedule of Assumptions Used, Priodic Benefit Cost [Table Text Block] No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the aggregate benefit obligation and aggregate fair value of plan assets for pension plans and/or other employee benefit plans with benefit obligations in excess of plan assets as of the measurement date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the change in the benefit obligation of pension plans and/or other employee benefit plans from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets of pension plans and/or other employee benefit plans for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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Earnings Per Share (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Calculation Of Basic And Diluted Earnings Per Share | The calculation of basic and diluted earnings per share is shown below for the years ended December 31, (in millions, except per share data):
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- References No definition available.
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stock-Based Compensation (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-based Compensation [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2013 Stock Plan [Table Text Block] | The following table depicts the number of shares authorized for issuance and available under the 2013 Plan (shares in millions):
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| Share-based Compensation Expense Recognized [Table Text Block] | The table below summarizes the expense related to share-based payments for the years ended December 31, (in millions):
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| Summary Of Changes In Stock Options | The following table summarizes the changes in the number of shares of common stock under option for 2016 (shares and aggregate intrinsic value in millions):
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| Summary Of Changes Of Restricted Stock And Restricted Stock Units | The following table summarizes the changes in the number of outstanding restricted stock units for 2016 (shares in millions):
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| Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block] | The following table summarizes the Company’s total unrecognized compensation cost related to stock-based compensation as of December 31, 2016 (in millions):
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- Definition 2013 Stock Plan [Table Text Block] [Table Text Block] No definition available.
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- Definition Share-based Compensation Expense Recognized [Table Text Block] No definition available.
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. No definition available.
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| X | ||||||||||
- Definition Tabular disclosure of the total compensation cost related to nonvested awards not yet recognized and the weighted-average period over which it is expected to be recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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Income Taxes Income Taxes (Tables) |
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Tax Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The provision for income taxes consists of the following for the years ended December 31, (in millions):
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| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | A reconciliation of the U.S. statutory rate to the effective income tax rate on a continuing basis is as follows for the years ended December 31,:
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| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The components of net deferred tax assets are as follows as of December 31, (in millions):
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| Summary of Income Tax Contingencies [Table Text Block] | The following table summarizes the changes in gross unrecognized tax benefits for the years ended December 31, (in millions):
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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair Value Disclosures (Tables) |
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Dec. 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Pension Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis | The following tables present the Company’s non-pension financial assets and liabilities, which are measured at fair value on a recurring basis (in millions):
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| Fair Value Of Certain Short And Long-Term Debt, Based On Market Prices | The fair values of the Company’s senior notes (see Footnote 11) are based on quoted market prices and are as follows as of December 31, (in millions):
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- Definition Fair Value of Certain Short and Long-term Debt, Based on Market Prices [Table Text Block] No definition available.
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- References No definition available.
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information (Tables) |
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| Segment Reporting Information, Additional Information [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule Of Company's Reportable Segments | The Company’s reportable segments are as follows:
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| Schedule of Segment Reporting Information, by Segment [Table Text Block] | The Company’s segment and geographic results are as follows as of and for the years ended December 31, (in millions):
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| Schedule Of Geographic Area Information |
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| Revenue from External Customer [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from External Customers by Products and Services [Table Text Block] | The following table summarizes the net sales by product grouping for the years ended December 31, (in millions):
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- Definition Company's Reportable Segments [Text Block] No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information Segment Information (Segment Assets) (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Segment Reporting Information [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Depreciation And Amortization By Segment [Table Text Block] |
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| Capital Expenditure By Segment [Table Text Block] |
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| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
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- Definition Capital Expenditure By Segment [Table Text Block] No definition available.
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- Definition Depreciation And Amortization By Segment [Table Text Block] No definition available.
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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Customer related programs No definition available.
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- Definition Net Sales As A Percentage of Consolidated Net Sales No definition available.
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- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of net assets (liabilities). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Original amount of cost-method investments at the acquisition date. No definition available.
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- Definition Amount of unamortized debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of the gain (loss) recognized by the parent and included in its attributable portion of net income for the period due to deconsolidation of a subsidiary or derecognition of a group of assets. The gain (loss) recognized and included in the net income attributable to the parent for the period is generally computed as the difference between: (a) the aggregate of: (1) the fair value of any consideration received; (2) the fair value of any retained noncontrolling investment in the former subsidiary at the date the subsidiary was deconsolidated; and (3) the carrying amount of any noncontrolling interest in the former subsidiary (including any accumulated other comprehensive income attributable to the noncontrolling interest) at the date the subsidiary was deconsolidated and (b) the carrying amount of the former subsidiary's assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax of foreign currency transaction realized and unrealized loss recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of income (loss) from continuing operations attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of valuation reserve for inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Percent of net assets at close of period. For schedules of investments that are categorized, each category has a percent of net assets for the aggregated value of the Investments in the category. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Acquiree Shares Held by Dissenting Shareholders No definition available.
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- Definition Business Combination Consideration Issuable or Payable No definition available.
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- Definition Equity issued in business combination to shareholders No definition available.
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- Definition Jarden Stockholder and Convertible Noteholder's estimated initial ownership % in Newell Brands No definition available.
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- Definition Newell Rubbermaid Stockholder's estimated initial ownership % in Newell Brands No definition available.
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- Definition Pro forma Non Recurring Charges No definition available.
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- Definition pro forma amortization expense No definition available.
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- Definition Repayment of debt in a business combination, net of cash acquired No definition available.
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- Definition Conversion Ratio Upon Merger No definition available.
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- Definition Shares Acquired Business Combination No definition available.
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- Definition Shares issuable to Dissenting Shareholders No definition available.
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- Definition Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of goodwill arising from a business combination that is expected to be deductible for tax purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination. No definition available.
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- Definition The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities incurred by the acquirer as part of consideration transferred in a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Fair value of equity issued in a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. No definition available.
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Cash divested in sale of business No definition available.
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- Definition DisposalGroupIncludingDiscontinuedOperationsNetAssetsofDisposalGroup No definition available.
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- Definition Estimated gain, business held on sale No definition available.
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- Definition Estimated sales price, business held for sale No definition available.
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- Definition Impairment of Goodwill, Intangibles And Other Long-Lived Assets Of Discontinued Operations, Pretax No definition available.
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- Definition Medical Cart Business percentage of net sales to Total Company No definition available.
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- Definition Tools business percentage of net sales to total company No definition available.
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- Definition TransactionCostsIncurredRelatedtoSaleofDiscontinuedOperations No definition available.
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- Definition Amount classified as assets attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before tax of income (loss) from operations classified as a discontinued operation. Excludes gain (loss) on disposal and provision for gain (loss) until its disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after tax of income (loss) from operations classified as a discontinued operation. Excludes gain (loss) on disposal and provision for gain (loss) until disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Description of the adjustment to an amount previously reported in discontinued operations that is directly related to the disposal of a discontinued operation in a prior period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of tax expense (benefit) attributable to income (loss) from operations classified as a discontinued operation. Excludes tax expense (benefit) for gain (loss) on disposal and for provision for gain (loss) until disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of tax expense (benefit) on gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as accounts, notes and loans receivable attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as accounts payable attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as goodwill attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as intangible assets, excluding goodwill, attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as inventory attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as other assets attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as other liabilities attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as other liabilities attributable to disposal group held for sale or disposed of, expected to be disposed of beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as prepaid and other assets attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount classified as property, plant and equipment attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of revenue attributable to disposal group, including, but not limited to, discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount before tax of gain (loss) recognized on the sale or disposal of a disposal group. Excludes discontinued operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of divestiture of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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| X | ||||||||||
- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount classified as liabilities attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition This element represents the cash inflow during the period from the sale of a component of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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| X | ||||||||||
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Stockholders' Equity And Accumulated Other Comprehensive Income (Loss) (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
12 Months Ended | 47 Months Ended | 53 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|
Oct. 31, 2013 |
Aug. 01, 2011 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2017 |
Dec. 31, 2015 |
Mar. 31, 2015 |
|
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $ 10.9 | $ (10.2) | $ (4.0) | |||||
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | (12.0) | 14.3 | 5.5 | |||||
| Accelerated Share Repurchases, Settlement (Payment) or Receipt | $ 350.0 | |||||||
| Accelerated Share Repurchases, Shares Repurchased | 9.4 | |||||||
| Accelerated Share Repurchases, Initial Price Paid Per Share | $ 29.69 | |||||||
| Accelerated Share Repurchases, Final Shares Received | 2.0 | |||||||
| Accelerated Share Repurchases, Final Price Paid | $ 350.0 | |||||||
| Stock Repurchased and Retired During Period, Value | (180.4) | (363.2) | ||||||
| Share Repurchase Plan [Member] | ||||||||
| Stock Repurchase Program, Authorized Amount | $ 300.0 | $ 750.0 | $ 750.0 | |||||
| Stock Repurchase Program, Period in Force | 3 years | 3 years 11 months | ||||||
| Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ 42.9 | |||||||
| Amended Share Repurchase Plan [Member] | ||||||||
| Stock repurchase program, length of period | February 2014 through the end of 2017 | |||||||
| Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ 255.9 | |||||||
| Stock Repurchased and Retired During Period, Shares | 28.9 | |||||||
| Stock Repurchased and Retired During Period, Value | $ 800.7 | |||||||
| X | ||||||||||
- Definition Accelerated Share Repurchases, Final Price Paid No definition available.
|
| X | ||||||||||
- Definition Accelerated Share Repurchases, Final Shares Received No definition available.
|
| X | ||||||||||
- Definition Accelerated Share Repurchases, Shares Repurchased No definition available.
|
| X | ||||||||||
- Definition Stock repurchase program, length of period No definition available.
|
| X | ||||||||||
- Definition The price paid per share to immediately purchase the targeted number of shares on the date of executing the accelerated share repurchase agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of cash receipt from (payment to) bank; or stock received from (issuance to) bank in the settlement of the accelerated share repurchase agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of stock repurchase plan authorized. No definition available.
|
| X | ||||||||||
- Definition Period which shares may be purchased under a stock repurchase plan authorized by an entity's Board of Directors, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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| X | ||||||||||
- Definition Amount remaining of a stock repurchase plan authorized. No definition available.
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| X | ||||||||||
- Definition Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased and retired during the period. The excess of the purchase price over par value can be charged against retained earnings (once the excess is fully allocated to additional paid in capital). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Stockholders' Equity And Accumulated Other Comprehensive Income (Loss) (Components Of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|||
| Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax [Roll Forward] | |||||
| Foreign Currency Translation Loss | $ (411.7) | $ (287.8) | $ (161.5) | ||
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | [1] | (198.0) | (153.3) | (126.3) | |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax | 1.8 | 29.4 | 0.0 | ||
| Other Comprehensive (Loss) Income, Foreign Currency Transaction and Translation Adjustment, Net of Tax | (196.2) | (123.9) | (126.3) | ||
| Foreign Currency Translation Loss | (607.9) | (411.7) | (287.8) | ||
| Foreign Exchange Loss, Intercompany | (23.3) | (22.9) | (29.6) | ||
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax | 39.7 | ||||
| Accumulated Comprehensive Income (Loss), Unrecognized Pension & OPEB Costs [Roll Forward] | |||||
| Unrecognized Pension & Other Postretirement Costs, net of tax | (422.3) | (511.7) | (483.3) | ||
| Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Reclassification Adjustments, Net of Tax | 10.0 | 42.1 | (84.1) | ||
| Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, Net of Tax | 12.3 | 47.3 | 55.7 | ||
| Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax | 22.3 | 89.4 | (28.4) | ||
| Unrecognized Pension & Other Postretirement Costs, net of tax | (400.0) | (422.3) | (511.7) | ||
| Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, Net of Tax | 16.5 | 74.1 | 86.4 | ||
| Accumulated Comprehensive Income (Loss), Derivatives [Roll Forward] | |||||
| Derivative Hedging Loss, net of tax | 0.2 | 5.1 | (0.4) | ||
| Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax | (48.0) | 5.3 | 9.5 | ||
| Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Net of Tax | 10.9 | (10.2) | (4.0) | ||
| Other Comprehensive (Loss) Income, Derivatives Qualifying as Hedges, Net of Tax | (37.1) | (4.9) | 5.5 | ||
| Derivative Hedging Loss, net of tax | (36.9) | 0.2 | 5.1 | ||
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | |||||
| Accumulated Other Comprehensive Loss | (833.8) | (794.4) | (645.2) | ||
| Other Comprehensive Income (Loss), Before Reclassifications, Net of Tax | (236.0) | (105.9) | (200.9) | ||
| Other Comprehensive Income (Loss), Reclassifications To Earnings, Net Of Tax | 25.0 | 66.5 | 51.7 | ||
| Current period change, Accumulated Other Comprehensive Loss | (211.0) | (39.4) | (149.2) | ||
| Accumulated Other Comprehensive Loss | (1,044.8) | (833.8) | (794.4) | ||
| Income Tax Effects Allocated To Comprehensive Income Loss Table [Abstract] | |||||
| Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax | 0.0 | (10.3) | 0.0 | ||
| Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, Tax | (19.6) | (41.1) | 6.0 | ||
| Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Tax | 20.7 | (0.6) | (3.9) | ||
| Other Comprehensive Income (Loss), Tax | $ 1.1 | $ (52.0) | $ 2.1 | ||
| |||||
| X | ||||||||||
- Definition Accumulated Comprehensive Income (Loss), Derivatives [Roll Forward] No definition available.
|
| X | ||||||||||
- Definition Accumulated Comprehensive Income (Loss), Unrecognized Pension & OPEB Costs [Roll Forward] No definition available.
|
| X | ||||||||||
- Definition Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax [Roll Forward] No definition available.
|
| X | ||||||||||
- Definition Foreign Exchange Loss, Intercompany No definition available.
|
| X | ||||||||||
- Definition Income Tax Effects Allocated To Comprehensive Income Loss Table [Abstract] No definition available.
|
| X | ||||||||||
- Definition Other Comprehensive Income (Loss), Reclassifications To Earnings, Net Of Tax No definition available.
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax and reclassification adjustments, of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income for translation gain (loss) realized upon the sale or liquidation of an investment in a foreign entity and foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax and reclassification adjustments, of (increase) decrease in accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income of accumulated gain (loss) realized from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount before tax of reclassification adjustment from accumulated other comprehensive (income) loss related to net period benefit cost (credit) for pension and other postretirement defined benefit plans. No definition available.
|
| X | ||||||||||
- Definition Amount after tax of reclassification adjustment from accumulated other comprehensive (income) loss related to net period benefit cost (credit) for pension and other postretirement defined benefit plans. No definition available.
|
| X | ||||||||||
- Definition Amount of tax (expense) benefit of reclassification adjustment from accumulated other comprehensive (income) loss related to pension and other postretirement defined benefit plans. No definition available.
|
| X | ||||||||||
- Definition Amount of tax expense (benefit) allocated to other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Restructuring Costs (Narrative) (Details) $ in Millions |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2012 |
Dec. 31, 2016
USD ($)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
USD ($)
|
|
| Number of Global Business Units in 2011 | 13 | |||
| Number of operating groups | 3 | |||
| Number of Business Segments | 5 | |||
| Cash paid for restructuring activities | $ 59.9 | $ 51.5 | $ 71.8 | |
| Project Renewal Expansion [Member] | ||||
| Expected cumulative restructuring charges | 150.0 | |||
| Minimum [Member] | Project Renewal Expansion [Member] | ||||
| Expected cumulative restructuring charges | 125.0 | |||
| Minimum [Member] | Renewal Combined [Member] | ||||
| Expected cumulative restructuring charges | $ 690.0 | |||
| Percentage of total project costs expected to be restructuring costs | 60.00% | |||
| Maximum [Member] | Project Renewal Expansion [Member] | ||||
| Expected cumulative restructuring charges | $ 135.0 | |||
| Maximum [Member] | Renewal Combined [Member] | ||||
| Expected cumulative restructuring charges | $ 725.0 | |||
| Percentage of total project costs expected to be restructuring costs | 70.00% | |||
| Cash Costs [Member] | Project Renewal Expansion [Member] | ||||
| Expected cumulative restructuring charges | $ 135.0 | |||
| Cash Costs [Member] | Minimum [Member] | Renewal Combined [Member] | ||||
| Expected cumulative restructuring charges | 645.0 | |||
| Cash Costs [Member] | Maximum [Member] | Renewal Combined [Member] | ||||
| Expected cumulative restructuring charges | $ 675.0 | |||
| X | ||||||||||
- Definition Number of Business Segments No definition available.
|
| X | ||||||||||
- Definition Number of Global Business Units in 2011 No definition available.
|
| X | ||||||||||
- Definition Number of operating groups No definition available.
|
| X | ||||||||||
- Definition Percentage of total project costs expected to be restructuring costs No definition available.
|
| X | ||||||||||
- Definition Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount expected to be recognized in earnings for the specified restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Details
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| X | ||||||||||
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| X | ||||||||||
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Restructuring Costs (Schedule Of Restructuring Costs Recognized) (Details) - USD ($) $ in Millions |
12 Months Ended | 51 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2015 |
|
| Restructuring Costs | $ 74.9 | $ 77.2 | $ 52.8 | |
| Other Restructuring [Member] | ||||
| Restructuring Costs | 65.0 | |||
| Other Restructuring [Member] | Facility Exit Costs and Other [Member] | ||||
| Restructuring Costs | 5.7 | |||
| Other Restructuring [Member] | Employee Severance, Termination Benefits And Relocation Costs [Member] | ||||
| Restructuring Costs | 56.2 | |||
| Other Restructuring [Member] | Contract Termination [Member] | ||||
| Restructuring Costs | 3.1 | |||
| Project Renewal [Member] | ||||
| Restructuring Costs | 9.9 | 74.0 | 53.8 | $ 319.7 |
| Project Renewal [Member] | Facility Exit Costs and Other [Member] | ||||
| Restructuring Costs | 2.6 | 6.7 | 7.5 | 30.0 |
| Project Renewal [Member] | Employee Severance, Termination Benefits And Relocation Costs [Member] | ||||
| Restructuring Costs | (9.1) | 52.4 | 25.2 | 209.4 |
| Project Renewal [Member] | Contract Termination [Member] | ||||
| Restructuring Costs | $ 16.4 | $ 14.9 | $ 21.1 | $ 80.3 |
| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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Restructuring Costs (Restructuring Reserves by Cost Type) (Details) - USD ($) $ in Millions |
12 Months Ended | 51 Months Ended | ||
|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2015 |
|
| Restructuring Reserve [Roll Forward] | ||||
| Restructuring Costs | $ 74.9 | $ 77.2 | $ 52.8 | |
| Other Restructuring [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 0.8 | |||
| Restructuring Costs | 65.0 | |||
| Restructuring Reserve Settled | (27.1) | |||
| Ending Balance | 38.7 | 0.8 | $ 0.8 | |
| Other Restructuring [Member] | Facility Exit Costs and Other [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 0.0 | |||
| Restructuring Costs | 5.7 | |||
| Restructuring Reserve Settled | (5.7) | |||
| Ending Balance | 0.0 | 0.0 | 0.0 | |
| Other Restructuring [Member] | Employee Severance, Termination Benefits And Relocation Costs [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 0.8 | |||
| Restructuring Costs | 56.2 | |||
| Restructuring Reserve Settled | (18.8) | |||
| Ending Balance | 38.2 | 0.8 | 0.8 | |
| Other Restructuring [Member] | Contract Termination [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 0.0 | |||
| Restructuring Costs | 3.1 | |||
| Restructuring Reserve Settled | (2.6) | |||
| Ending Balance | 0.5 | 0.0 | 0.0 | |
| Project Renewal [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 66.6 | 40.3 | ||
| Restructuring Costs | 9.9 | 74.0 | 53.8 | 319.7 |
| Restructuring Reserve Settled | (43.3) | (47.7) | ||
| Ending Balance | 33.2 | 66.6 | 40.3 | 66.6 |
| Project Renewal [Member] | Facility Exit Costs and Other [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 0.0 | 0.0 | ||
| Restructuring Costs | 2.6 | 6.7 | 7.5 | 30.0 |
| Restructuring Reserve Settled | (2.6) | (6.7) | ||
| Ending Balance | 0.0 | 0.0 | 0.0 | 0.0 |
| Project Renewal [Member] | Employee Severance, Termination Benefits And Relocation Costs [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 49.3 | 22.8 | ||
| Restructuring Costs | (9.1) | 52.4 | 25.2 | 209.4 |
| Restructuring Reserve Settled | (24.4) | (25.9) | ||
| Ending Balance | 15.8 | 49.3 | 22.8 | 49.3 |
| Project Renewal [Member] | Contract Termination [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | 17.3 | 17.5 | ||
| Restructuring Costs | 16.4 | 14.9 | 21.1 | 80.3 |
| Restructuring Reserve Settled | (16.3) | (15.1) | ||
| Ending Balance | 17.4 | 17.3 | $ 17.5 | 17.3 |
| Project Renewal [Member] | ||||
| Restructuring Reserve [Roll Forward] | ||||
| Beginning Balance | $ 66.6 | |||
| Ending Balance | $ 66.6 | $ 66.6 | ||
| X | ||||||||||
- Definition Amount of cash and other consideration paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost. May also include certain costs incurred as paid as well as asset write-downs. No definition available.
|
| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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Restructuring Costs (Restructuring Reserves by Segment) (Details) - Project Renewal [Member] - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
|
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | $ 66.6 | $ 40.3 |
| Restructuring Reserve, Period Increase (Decrease) | 9.9 | 74.0 |
| Restructuring Reserve Settled | (43.3) | (47.7) |
| Ending Balance | 33.2 | 66.6 |
| Writing [Member] | ||
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | 14.0 | 9.7 |
| Restructuring Reserve, Period Increase (Decrease) | 0.7 | 9.3 |
| Restructuring Reserve Settled | (3.3) | (5.0) |
| Ending Balance | 11.4 | 14.0 |
| Home Solutions [Member] | ||
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | 5.1 | 1.0 |
| Restructuring Reserve, Period Increase (Decrease) | (2.0) | 5.5 |
| Restructuring Reserve Settled | (2.6) | (1.4) |
| Ending Balance | 0.5 | 5.1 |
| Tools [Member] | ||
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | 4.3 | 0.5 |
| Restructuring Reserve, Period Increase (Decrease) | 0.5 | 2.9 |
| Restructuring Reserve Settled | (3.2) | 0.9 |
| Ending Balance | 1.6 | 4.3 |
| Commercial Products [Member] | ||
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | 3.8 | 5.1 |
| Restructuring Reserve, Period Increase (Decrease) | 0.0 | 2.2 |
| Restructuring Reserve Settled | (2.1) | (3.5) |
| Ending Balance | 1.7 | 3.8 |
| Baby & Parenting [Member] | ||
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | 0.0 | 2.2 |
| Restructuring Reserve, Period Increase (Decrease) | 3.2 | 0.7 |
| Restructuring Reserve Settled | (2.8) | (2.9) |
| Ending Balance | 0.4 | 0.0 |
| Corporate [Member] | ||
| Restructuring Reserve [Roll Forward] | ||
| Beginning Balance | 39.4 | 21.8 |
| Restructuring Reserve, Period Increase (Decrease) | 7.5 | 53.4 |
| Restructuring Reserve Settled | (29.3) | (35.8) |
| Ending Balance | $ 17.6 | $ 39.4 |
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- Definition Amount of cash and other consideration paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost. May also include certain costs incurred as paid as well as asset write-downs. No definition available.
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- Definition Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in the accrual for restructuring costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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Restructuring Costs (Restructuring Charges by Segment) (Details) - USD ($) $ in Millions |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
||||
| Restructuring Costs | $ 74.9 | $ 77.2 | $ 52.8 | |||
| Writing [Member] | ||||||
| Restructuring Costs | 9.9 | 9.3 | 9.8 | |||
| Home Solutions [Member] | ||||||
| Restructuring Costs | (1.9) | 5.8 | [1] | 1.6 | ||
| Tools [Member] | ||||||
| Restructuring Costs | 0.6 | 2.9 | 4.5 | |||
| Commercial Products [Member] | ||||||
| Restructuring Costs | 3.0 | 2.2 | 3.2 | |||
| Baby & Parenting [Member] | ||||||
| Restructuring Costs | 3.2 | 3.6 | [1] | 2.1 | ||
| Branded Consumables [Member] | ||||||
| Restructuring Costs | 10.5 | 0.0 | 0.0 | |||
| Consumer Solutions [Member] | ||||||
| Restructuring Costs | 11.6 | 0.0 | 0.0 | |||
| Outdoor Solutions [Member] | ||||||
| Restructuring Costs | 10.8 | 0.0 | 0.0 | |||
| Process Solutions [Member] | ||||||
| Restructuring Costs | 0.1 | 0.0 | 0.0 | |||
| Corporate [Member] | ||||||
| Restructuring Costs | 27.1 | $ 53.4 | $ 31.6 | |||
| Acquisition costs - Home Solutions segment [Member] | ||||||
| Restructuring Costs | 0.3 | |||||
| Acquisition costs - Baby & Parenting Segment [Member] | ||||||
| Restructuring Costs | $ 2.9 | |||||
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Inventories, Net (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Inventory, Net [Abstract] | |||
| Materials and supplies | $ 350.7 | $ 117.3 | |
| Work in process | 236.1 | 108.0 | |
| Finished products | 1,529.2 | 496.5 | |
| Inventories, net | $ 2,116.0 | $ 721.8 | |
| Percentage of LIFO Inventory | 17.50% | 51.30% | |
| Inventory, LIFO Reserve | $ 16.6 | $ 23.6 | |
| Effect of LIFO Inventory Liquidation on Income | $ 2.9 | $ 1.5 | $ 7.2 |
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- Definition The effect of liquidating LIFO (last in first out) inventory layers on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount by which inventory stated at last-in first-out (LIFO) is less than (in excess of) inventory stated at other inventory cost methods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregated amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed. This amount is net of valuation reserves and adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The percentage of LIFO (last in first out) inventory to total inventory as of the balance sheet date if other than 100 percent. No definition available.
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Property, Plant and Equipment, Net Property, Plant and Equipment, Net (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Property, Plant and Equipment [Abstract] | |||
| Land | $ 108.4 | $ 20.2 | |
| Buildings and Improvements, Gross | 653.0 | 350.8 | |
| Machinery and Equipment, Gross | 2,454.6 | 1,743.7 | |
| Property, Plant and Equipment, Gross | 3,216.0 | 2,114.7 | |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | (1,672.6) | (1,515.5) | |
| Property, Plant and Equipment, Net | 1,543.4 | 599.2 | |
| Depreciation | $ 214.1 | $ 93.0 | $ 93.2 |
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- Definition Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depreciation of tangible personal property used to produce goods and services, including, but is not limited to, tools, dies and molds, computer and office equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Narrative) (Details) $ in Millions |
Dec. 31, 2015
USD ($)
|
|---|---|
| Goodwill [Line Items] | |
| Goodwill, Impaired, Accumulated Impairment Loss | $ 1,642.4 |
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- Definition Amount of accumulated impairment loss for an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Schedule of Goodwill by Segment) (Details) - USD ($) $ in Millions |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Oct. 22, 2015 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | $ 2,791.2 | $ 2,546.0 | |||||||
| Goodwill, Acquired During Period | 8,271.6 | 374.5 | |||||||
| Goodwill, Other Adjustments | (762.5) | (69.2) | |||||||
| Goodwill, Translation Adjustments | (81.4) | (60.1) | |||||||
| Goodwill, Ending Balance | 10,218.9 | 2,791.2 | $ 2,546.0 | ||||||
| Payments to Acquire Businesses, Net of Cash Acquired | 8,635.2 | 573.7 | 602.3 | ||||||
| Goodwill | 762.5 | 19.2 | |||||||
| Writing [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 1,359.0 | 1,090.9 | |||||||
| Goodwill, Acquired During Period | 502.9 | 373.5 | [1] | ||||||
| Goodwill, Other Adjustments | 0.0 | (50.0) | [2] | ||||||
| Goodwill, Translation Adjustments | (14.7) | (55.4) | |||||||
| Goodwill, Ending Balance | 1,847.2 | 1,359.0 | 1,090.9 | ||||||
| Home Solutions [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 361.1 | 379.3 | |||||||
| Goodwill, Acquired During Period | 578.4 | 1.0 | |||||||
| Goodwill, Other Adjustments | 0.0 | (19.2) | [2] | ||||||
| Goodwill, Translation Adjustments | 0.0 | 0.0 | |||||||
| Goodwill, Ending Balance | 939.5 | 361.1 | 379.3 | ||||||
| Tools [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 474.4 | 478.6 | |||||||
| Goodwill, Acquired During Period | 249.6 | 0.0 | |||||||
| Goodwill, Other Adjustments | (713.6) | 0.0 | |||||||
| Goodwill, Translation Adjustments | (5.3) | (4.2) | |||||||
| Goodwill, Ending Balance | 5.1 | 474.4 | 478.6 | ||||||
| Commercial Products [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 387.3 | 387.5 | |||||||
| Goodwill, Acquired During Period | 239.3 | 0.0 | |||||||
| Goodwill, Other Adjustments | 0.0 | 0.0 | |||||||
| Goodwill, Translation Adjustments | (0.9) | (0.2) | |||||||
| Goodwill, Ending Balance | 625.7 | 387.3 | 387.5 | ||||||
| Baby & Parenting [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 209.4 | 209.7 | |||||||
| Goodwill, Acquired During Period | 375.5 | 0.0 | |||||||
| Goodwill, Other Adjustments | 0.0 | 0.0 | |||||||
| Goodwill, Translation Adjustments | 0.4 | (0.3) | |||||||
| Goodwill, Ending Balance | 585.3 | 209.4 | $ 209.7 | ||||||
| Branded Consumables [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 0.0 | ||||||||
| Goodwill, Acquired During Period | 3,180.1 | ||||||||
| Goodwill, Other Adjustments | (12.5) | ||||||||
| Goodwill, Translation Adjustments | (50.0) | ||||||||
| Goodwill, Ending Balance | 3,117.6 | 0.0 | |||||||
| Consumer Solutions [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 0.0 | ||||||||
| Goodwill, Acquired During Period | 938.6 | ||||||||
| Goodwill, Other Adjustments | (28.5) | ||||||||
| Goodwill, Translation Adjustments | (5.3) | ||||||||
| Goodwill, Ending Balance | 904.8 | 0.0 | |||||||
| Outdoor Solutions [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 0.0 | ||||||||
| Goodwill, Acquired During Period | 1,810.7 | ||||||||
| Goodwill, Other Adjustments | (7.9) | ||||||||
| Goodwill, Translation Adjustments | (5.6) | ||||||||
| Goodwill, Ending Balance | 1,797.2 | 0.0 | |||||||
| Process Solutions [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Beginning Balance | 0.0 | ||||||||
| Goodwill, Acquired During Period | 396.5 | ||||||||
| Goodwill, Other Adjustments | 0.0 | ||||||||
| Goodwill, Translation Adjustments | 0.0 | ||||||||
| Goodwill, Ending Balance | 396.5 | $ 0.0 | |||||||
| Elmer's [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Payments to Acquire Businesses, Net of Cash Acquired | $ 571.4 | ||||||||
| Elmer's [Member] | Writing [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill, Acquired During Period | 373.5 | ||||||||
| Endicia [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill | 50.0 | ||||||||
| Decor [Member] | |||||||||
| Goodwill [Roll Forward] | |||||||||
| Goodwill | $ 19.2 | ||||||||
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- Definition Amount classified as goodwill attributable to disposal group held for sale or disposed of. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of foreign currency translation gain (loss) which increases (decreases) an asset representing future economic benefits from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease), classified as other, of an asset representing the future economic benefits from other assets acquired in a business combination that are not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Schedule of Intangible Assets) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Finite-Lived Intangible Assets [Line Items] | |||
| Amortization of Intangible Assets | $ 223.1 | $ 76.5 | $ 60.6 |
| Intangible Assets, Gross (Excluding Goodwill) | 14,718.9 | 1,543.9 | |
| Finite-Lived Intangible Assets, Accumulated Amortization | 607.1 | 480.2 | |
| Intangible Assets, Net (Excluding Goodwill) | 14,111.8 | 1,063.7 | |
| Trade Names [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Finite-Lived Intangible Assets, Gross | 286.3 | 46.0 | |
| Finite-Lived Intangible Assets, Accumulated Amortization | 34.2 | 30.0 | |
| Finite-Lived Intangible Assets, Net | $ 252.1 | 16.0 | |
| Amortization Period, Range (In Years) | 3–30 years | ||
| Computer Software, Intangible Asset [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Finite-Lived Intangible Assets, Gross | $ 482.0 | 465.6 | |
| Finite-Lived Intangible Assets, Accumulated Amortization | 252.9 | 252.7 | |
| Finite-Lived Intangible Assets, Net | $ 229.1 | 212.9 | |
| Amortization Period, Range (In Years) | 3–12 years | ||
| Patents [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Finite-Lived Intangible Assets, Gross | $ 227.9 | 142.8 | |
| Finite-Lived Intangible Assets, Accumulated Amortization | 105.0 | 89.9 | |
| Finite-Lived Intangible Assets, Net | $ 122.9 | 52.9 | |
| Amortization Period, Range (In Years) | 3–14 years | ||
| Customer-Related Intangible Assets [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Finite-Lived Intangible Assets, Gross | $ 3,761.7 | 231.9 | |
| Finite-Lived Intangible Assets, Accumulated Amortization | 204.0 | 104.5 | |
| Finite-Lived Intangible Assets, Net | $ 3,557.7 | 127.4 | |
| Amortization Period, Range (In Years) | 3–30 years | ||
| Other Intangible Assets [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Finite-Lived Intangible Assets, Gross | $ 25.9 | 4.2 | |
| Finite-Lived Intangible Assets, Accumulated Amortization | 11.0 | 3.1 | |
| Finite-Lived Intangible Assets, Net | $ 14.9 | 1.1 | |
| Amortization Period, Range (In Years) | 3–5 years | ||
| Trade Names [Member] | |||
| Finite-Lived Intangible Assets [Line Items] | |||
| Indefinite-Lived Intangible Assets (Excluding Goodwill) | $ 9,935.1 | $ 653.4 | |
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- Definition Amortization Period Range No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated amortization of intangible assets, excluding goodwill. No definition available.
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net (Schedule of Amortization) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Goodwill and Intangible Assets Disclosure [Abstract] | |||
| Amortization of Intangible Assets | $ 223.1 | $ 76.5 | $ 60.6 |
| Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months | 316.8 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Two | 311.5 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Three | 288.2 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Four | 237.7 | ||
| Finite-Lived Intangible Assets, Amortization Expense, Year Five | $ 210.3 | ||
| X | ||||||||||
- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of amortization expense for assets, excluding financial assets and goodwill, lacking physical substance with a finite life expected to be recognized during the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
Other Accrued Liabilities (Narrative) (Details) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
|---|---|---|
| Other accrued liabilities | $ 1,464.9 | $ 728.9 |
| Customer Accruals [Member] | ||
| Other accrued liabilities | 432.4 | 314.8 |
| Accruals For Manufacturing, Marketing And Freight Expenses [Member] | ||
| Other accrued liabilities | 89.3 | 73.0 |
| Accrued Self-Insurance Liabilities [Member] | ||
| Other accrued liabilities | 370.3 | 86.2 |
| Accrued Income Taxes [Member] | ||
| Other accrued liabilities | 64.9 | 67.4 |
| Accrued Interest Expense [Member] | ||
| Other accrued liabilities | 108.5 | 18.1 |
| Other Accrued Liabilities [Member] | ||
| Other accrued liabilities | $ 399.5 | $ 169.4 |
| X | ||||||||||
- Definition Amount of expenses incurred but not yet paid classified as other, due within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
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Debt (Summary Of Outstanding Debt) (Details) - USD ($) $ in Millions |
12 Months Ended | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 01, 2046 |
Apr. 01, 2036 |
Apr. 01, 2026 |
Nov. 01, 2023 |
Apr. 01, 2023 |
Oct. 01, 2021 |
Apr. 01, 2021 |
Mar. 29, 2019 |
Apr. 15, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 11,234.1 | $ 2,692.6 | ||||||||||||
| Debt Mark To Market Adjustment | (5.9) | (3.1) | ||||||||||||
| Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge | 7.2 | 12.9 | ||||||||||||
| Loans Payable to Bank, Noncurrent | 399.5 | 0.0 | ||||||||||||
| Commercial Paper | 0.0 | 0.0 | ||||||||||||
| Receivables facility | 187.4 | 350.0 | ||||||||||||
| Other debt | 70.5 | 33.8 | ||||||||||||
| Total debt | 11,892.8 | 3,057.9 | ||||||||||||
| Short-term debt and current portion of long-term debt | (601.9) | (388.8) | ||||||||||||
| Long-term debt | 11,290.9 | 2,669.1 | ||||||||||||
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | [1] | (198.0) | (153.3) | $ (126.3) | ||||||||||
| 2.05% Senior Notes Due 2017 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | 349.4 | 348.7 | ||||||||||||
| 6.25% senior notes due 2018 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | 249.8 | 249.7 | ||||||||||||
| 2.15% senior notes due 2018 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | 298.9 | 298.3 | ||||||||||||
| Debt Instrument, Face Amount | $ 300.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 2.15% | |||||||||||||
| Debt Instrument, Maturity Date | Oct. 15, 2018 | |||||||||||||
| 2.60% Senior Notes due 2019 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 995.0 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 1,000.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 2.60% | |||||||||||||
| Debt Instrument, Maturity Date | Mar. 29, 2019 | |||||||||||||
| 2.875% senior notes due 2019 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 347.9 | 347.2 | ||||||||||||
| Debt Instrument, Face Amount | $ 350.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 2.875% | |||||||||||||
| Debt Instrument, Maturity Date | Dec. 01, 2019 | |||||||||||||
| 4.70% senior notes due 2020 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 380.0 | $ 379.7 | ||||||||||||
| Debt Instrument, Face Amount | $ 550.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 4.70% | 4.70% | ||||||||||||
| Debt Instrument, Maturity Date | Aug. 15, 2020 | |||||||||||||
| 3.15% Senior Notes due 2021 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 991.7 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 1,000.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.15% | |||||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2021 | |||||||||||||
| 3.75% Senior Exchange Notes due 2021 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 326.9 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 300.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.75% | |||||||||||||
| Debt Instrument, Maturity Date | Oct. 01, 2021 | |||||||||||||
| Newell Exchange Notes | $ 271.9 | |||||||||||||
| 4.00% Senior Notes Due 2022 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | 248.5 | 248.2 | ||||||||||||
| 3.85% Senior Notes due 2023 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | 1,737.0 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 1,750.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.85% | |||||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2023 | |||||||||||||
| 5% Senior Exchange Notes due 2023 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 314.1 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 300.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 5.00% | |||||||||||||
| Debt Instrument, Maturity Date | Nov. 01, 2023 | |||||||||||||
| Newell Exchange Notes | $ 295.1 | |||||||||||||
| 4.00% Senior Notes Due 2024 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | 495.2 | $ 494.6 | ||||||||||||
| Debt Instrument, Face Amount | $ 500.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 4.00% | 4.00% | ||||||||||||
| Debt Instrument, Maturity Date | Dec. 01, 2024 | |||||||||||||
| 3.90% Senior Notes Due 2025 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 296.8 | $ 296.4 | ||||||||||||
| Debt Instrument, Face Amount | $ 300.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.90% | |||||||||||||
| Debt Instrument, Maturity Date | Oct. 15, 2025 | |||||||||||||
| 4.20% Senior Notes due 2026 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 1,981.0 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 2,000.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 4.20% | |||||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2026 | |||||||||||||
| 6.11% senior notes due 2028 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Medium-term Notes | $ 1.5 | 1.5 | ||||||||||||
| 5.375% Senior Notes due 2036 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Senior Notes | 494.7 | 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 500.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 5.375% | |||||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2036 | |||||||||||||
| 5.5% Senior Notes due 2046 [Member] | ||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||
| Senior Notes | $ 1,725.7 | $ 0.0 | ||||||||||||
| Debt Instrument, Face Amount | $ 1,750.0 | |||||||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 5.50% | |||||||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2046 | |||||||||||||
| ||||||||||||||
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- Definition Increase (decrease) in carrying amount of medium-term notes due to mark-to-market adjustments on interest rate swaps. No definition available.
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- Definition Newell Exchange Notes No definition available.
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| X | ||||||||||
- Definition Secured financing facility where underlying trade receivables are not accounted for as "sale" under ASC 860 with initial maturity date of the financing facility being 364 days. No definition available.
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| X | ||||||||||
- Definition Carrying value as of the balance sheet date of short-term borrowings using unsecured obligations issued by banks, corporations and other borrowers to investors. The maturities of these money market securities generally do not exceed 270 days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount as of the balance sheet date of the unamortized adjustment to the carrying value of an interest-bearing hedged item made under an effective interest rate fair value hedge that is amortized upon discontinuation of the interest rate fair value hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Carrying value as of the balance sheet date of loans from a bank with maturities initially due after one year or beyond the operating cycle if longer, excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Including the current and noncurrent portions, carrying value at the balance sheet date of a financial instrument used to receive debt funding on a regular basis with original maturities ranging from 5-10 years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of long-term debt classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt (Medium-Term Notes) (Details) $ in Millions |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Apr. 01, 2046 |
Apr. 01, 2036 |
Apr. 01, 2026 |
Apr. 01, 2023 |
Apr. 01, 2021 |
Mar. 29, 2019 |
Dec. 31, 2016
USD ($)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2014
USD ($)
|
|
| Repayments of Other Debt | $ 1,100.0 | $ 0.0 | $ 465.2 | ||||||
| Proceeds from Issuance of Long-term Debt | 9,414.6 | 594.6 | 841.8 | ||||||
| Gain (Loss) on Extinguishment of Debt | (47.6) | 0.0 | (33.2) | ||||||
| $8.0 Billion Senior Unsecured Notes [Member] | |||||||||
| Debt Instrument, Face Amount | 8,000.0 | ||||||||
| Proceeds from Issuance of Long-term Debt | 7,900.0 | ||||||||
| 2.60% Senior Notes due 2019 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 1,000.0 | ||||||||
| Senior notes rate | 2.60% | ||||||||
| Debt Instrument, Maturity Date | Mar. 29, 2019 | ||||||||
| 3.15% Senior Notes due 2021 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 1,000.0 | ||||||||
| Senior notes rate | 3.15% | ||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2021 | ||||||||
| 3.85% Senior Notes due 2023 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 1,750.0 | ||||||||
| Senior notes rate | 3.85% | ||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2023 | ||||||||
| 4.20% Senior Notes due 2026 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 2,000.0 | ||||||||
| Senior notes rate | 4.20% | ||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2026 | ||||||||
| 5.375% Senior Notes due 2036 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 500.0 | ||||||||
| Senior notes rate | 5.375% | ||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2036 | ||||||||
| 5.5% Senior Notes due 2046 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 1,750.0 | ||||||||
| Senior notes rate | 5.50% | ||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2046 | ||||||||
| Medum and Long Term Notes [Member] | |||||||||
| Debt increase in interest rate basis points | 200 | ||||||||
| 2.15% 2018 Note and 3.90% 2025 Note [Member] | |||||||||
| Debt Instrument, Face Amount | $ 600.0 | ||||||||
| Proceeds from Issuance of Long-term Debt | 594.6 | ||||||||
| 2.15% senior notes due 2018 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 300.0 | ||||||||
| Senior notes rate | 2.15% | ||||||||
| Debt Instrument, Maturity Date | Oct. 15, 2018 | ||||||||
| 3.90% Senior Notes Due 2025 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 300.0 | ||||||||
| Senior notes rate | 3.90% | ||||||||
| Debt Instrument, Maturity Date | Oct. 15, 2025 | ||||||||
| 2.875% 2019 Note and 4.00% 2024 Note [Member] | |||||||||
| Debt Instrument, Face Amount | 850.0 | ||||||||
| Proceeds from Issuance of Long-term Debt | 841.8 | ||||||||
| Repayments of Debt | 439.4 | ||||||||
| Gain (Loss) on Extinguishment of Debt | $ 33.2 | ||||||||
| 2.875% senior notes due 2019 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 350.0 | ||||||||
| Senior notes rate | 2.875% | ||||||||
| Debt Instrument, Maturity Date | Dec. 01, 2019 | ||||||||
| 4.00% Senior Notes Due 2024 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 500.0 | ||||||||
| Senior notes rate | 4.00% | 4.00% | |||||||
| Debt Instrument, Maturity Date | Dec. 01, 2024 | ||||||||
| 2.00% Senior Notes Due 2015 [Member] | |||||||||
| Senior notes rate | 2.00% | ||||||||
| Debt Instrument, Maturity Date | Jun. 15, 2015 | ||||||||
| Repayments of Debt | $ 251.9 | ||||||||
| Gain (Loss) on Extinguishment of Debt | 2.3 | ||||||||
| Repayment of Other Debt, Face Amount | 250.0 | ||||||||
| Premium Paid Due To Early Redemption Of Debt | $ 1.9 | ||||||||
| 10.60% senior notes due 2019 [Member] | |||||||||
| Senior notes rate | 10.60% | ||||||||
| Debt Instrument, Maturity Date | Apr. 15, 2019 | ||||||||
| Repayments of Other Debt | $ 28.1 | ||||||||
| Gain (Loss) on Extinguishment of Debt | 7.7 | ||||||||
| Repayment of Other Debt, Face Amount | 20.7 | ||||||||
| Premium Paid Due To Early Redemption Of Debt | 7.4 | ||||||||
| 4.70% senior notes due 2020 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 550.0 | ||||||||
| Senior notes rate | 4.70% | 4.70% | |||||||
| Debt Instrument, Maturity Date | Aug. 15, 2020 | ||||||||
| Repayments of Other Debt | $ 184.7 | ||||||||
| Gain (Loss) on Extinguishment of Debt | 23.2 | ||||||||
| Repayment of Other Debt, Face Amount | 168.7 | ||||||||
| Premium Paid Due To Early Redemption Of Debt | 16.0 | ||||||||
| Interest Rate Swap [Member] | 4.00% Senior Notes Due 2024 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 250.0 | ||||||||
| Interest Rate Swap [Member] | 4.70% senior notes due 2020 [Member] | |||||||||
| Debt Instrument, Face Amount | $ 346.0 | ||||||||
| Repayments of Debt | $ 154.0 | ||||||||
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- Definition Debt increase in interest rate basis points No definition available.
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- Definition Premium Paid Due To Early Redemption Of Debt No definition available.
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- Definition Repayment of Other Debt, Face Amount No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. No definition available.
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- Definition Amount of cash outflow for the payment of debt classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Debt (Receivables-Related Borrowings) (Details) - New Receivables Facility [Member] - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Oct. 01, 2019 |
Dec. 31, 2016 |
|
| Line of Credit Facility, Maximum Borrowing Capacity | $ 950.0 | |
| Debt Instrument, Maturity Date | Oct. 01, 2019 | |
| Debt Instrument, Basis Spread on Variable Rate | 0.80% | |
| Line of Credit Facility, Unused Capacity, Commitment Fee Percentage | 0.40% |
| X | ||||||||||
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. No definition available.
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Debt (Revolving Credit Facility And Commercial Paper) (Details) - Revolving Credit Facility [Member] $ in Millions |
Dec. 31, 2016
USD ($)
|
|---|---|
| Line of Credit Facility, Current Borrowing Capacity | $ 1,250.0 |
| Letter of Credit [Member] | |
| Line of Credit Facility, Maximum Borrowing Capacity | $ 100.0 |
| X | ||||||||||
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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Debt Debt (Bridge Credit Facility) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Debt Instrument [Line Items] | |||
| Gain (Loss) on Extinguishment of Debt | $ (47.6) | $ 0.0 | $ (33.2) |
| $10.5 billion Jarden Bridge Facility [Member] | |||
| Debt Instrument [Line Items] | |||
| Line of Credit Facility, Remaining Borrowing Capacity | $ 10,500.0 | ||
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
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Debt Debt (Term Loan Credit Agreement) (Details) - USD ($) $ in Millions |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Apr. 30, 2019 |
Oct. 31, 2018 |
Apr. 30, 2018 |
Apr. 30, 2017 |
Jan. 26, 2016 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Apr. 15, 2016 |
|
| Debt Instrument [Line Items] | |||||||||
| Gain (Loss) on Extinguishment of Debt | $ (47.6) | $ 0.0 | $ (33.2) | ||||||
| $1.5 Billion Term Loan Credit Agreement [Member] | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Maximum Borrowing Capacity | $ 1,500.0 | ||||||||
| Loans Payable to Bank | $ 1,500.0 | ||||||||
| Percentage of debt repayment in next twelve months | 5.00% | ||||||||
| Percentage of debt repayment in second year | 5.00% | ||||||||
| Debt Instrument, Maturity Date | Apr. 01, 2019 | Oct. 01, 2018 | Apr. 01, 2018 | Apr. 01, 2017 | |||||
| Percentage of debt repayment in third year | 45.00% | 45.00% | |||||||
| Repayments of Debt | $ 1,100.0 | ||||||||
| Debt Instrument, Interest Rate, Stated Percentage | 2.31% | ||||||||
| X | ||||||||||
- Definition Percentage of debt repayment in next twelve months No definition available.
|
| X | ||||||||||
- Definition Percentage of debt repayment in second year No definition available.
|
| X | ||||||||||
- Definition Percentage of debt repayment in third year No definition available.
|
| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of loans from a bank with maturities initially due after one year or beyond the normal operating cycle if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The cash outflow during the period from the repayment of aggregate short-term and long-term debt. Excludes payment of capital lease obligations. No definition available.
|
| X | ||||||||||
- Details
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Debt Debt (Notes Exchange) (Details) € in Millions, $ in Millions |
Nov. 01, 2023 |
Oct. 01, 2021 |
Apr. 15, 2016
USD ($)
|
Oct. 26, 2016 |
Apr. 15, 2016
EUR (€)
|
|---|---|---|---|---|---|
| 3.75% Senior Exchange Notes due 2021 [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt Instrument, Face Amount | $ 300.0 | ||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.75% | 3.75% | |||
| Debt Instrument, Maturity Date | Oct. 01, 2021 | ||||
| Newell Exchange Notes | $ 271.9 | ||||
| Percentage of Exchange Notes Registered | 95.61% | ||||
| 5% Senior Exchange Notes due 2023 [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt Instrument, Face Amount | $ 300.0 | ||||
| Debt Instrument, Interest Rate, Stated Percentage | 5.00% | 5.00% | |||
| Debt Instrument, Maturity Date | Nov. 01, 2023 | ||||
| Newell Exchange Notes | $ 295.1 | ||||
| Percentage of Exchange Notes Registered | 100.00% | ||||
| 3.75% Senior Exchange Remaining Jarden Notes due 2021 [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt Instrument, Face Amount | € | € 28.1 | ||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.75% | 3.75% | |||
| Debt Instrument, Maturity Date | Oct. 01, 2021 | ||||
| 5% Senior Exchange Remaining Jarden Notes due 2023 [Member] [Member] | |||||
| Debt Instrument [Line Items] | |||||
| Debt Instrument, Face Amount | $ 4.9 | ||||
| Debt Instrument, Interest Rate, Stated Percentage | 5.00% | 5.00% | |||
| Debt Instrument, Maturity Date | Nov. 01, 2023 |
| X | ||||||||||
- Definition Newell Exchange Notes No definition available.
|
| X | ||||||||||
- Definition Percentage of Exchange Notes Registered No definition available.
|
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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- Details
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Debt Debt (Net Investment Hedge) (Details) - USD ($) $ in Millions |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Oct. 01, 2021 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Apr. 15, 2016 |
|||
| Debt Instrument [Line Items] | |||||||
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | [1] | $ (198.0) | $ (153.3) | $ (126.3) | |||
| 3.75% Senior Exchange Notes due 2021 [Member] | |||||||
| Debt Instrument [Line Items] | |||||||
| Debt Instrument, Face Amount | $ 300.0 | ||||||
| Debt Instrument, Interest Rate, Stated Percentage | 3.75% | ||||||
| Debt Instrument, Maturity Date | Oct. 01, 2021 | ||||||
| Medium-term Notes [Member] | |||||||
| Debt Instrument [Line Items] | |||||||
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax | $ 28.0 | ||||||
| |||||||
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
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| X | ||||||||||
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Debt Debt (Schedule of Future Maturities) (Details) $ in Millions |
Dec. 31, 2016
USD ($)
|
|---|---|
| Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months | $ 599.0 |
| Long-term Debt, Maturities, Repayments of Principal in Year Two | 558.8 |
| Long-term Debt, Maturities, Repayments of Principal in Year Three | 1,750.0 |
| Long-term Debt, Maturities, Repayments of Principal in Year Four | 381.3 |
| Long-term Debt, Maturities, Repayments of Principal in Year Five | 1,312.4 |
| Long-term Debt, Maturities, Repayments of Principal after Year Five | 7,353.8 |
| Long-term Debt | $ 11,955.3 |
| X | ||||||||||
- Definition Long-term debt, Maturities, Repayments of Principal Total No definition available.
|
| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Derivatives (Narrative) (Details) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|---|---|---|---|
| Interest Rate Swap [Member] | |||
| Derivative, Notional Amount | $ 596.0 | ||
| Cross Currency Interest Rate Swap [Member] | |||
| Derivative, Notional Amount | 173.7 | ||
| Foreign Exchange Contract [Member] | |||
| Derivative, Notional Amount | $ 419.0 | ||
| 4.70% senior notes due 2020 [Member] | |||
| Debt Instrument, Face Amount | $ 550.0 | ||
| Debt Instrument, Interest Rate, Stated Percentage | 4.70% | 4.70% | |
| 4.70% senior notes due 2020 [Member] | Interest Rate Swap [Member] | |||
| Debt Instrument, Face Amount | $ 346.0 | ||
| 4.00% Senior Notes Due 2024 [Member] | |||
| Debt Instrument, Face Amount | $ 500.0 | ||
| Debt Instrument, Interest Rate, Stated Percentage | 4.00% | 4.00% | |
| 4.00% Senior Notes Due 2024 [Member] | Interest Rate Swap [Member] | |||
| Debt Instrument, Face Amount | $ 250.0 | ||
| Not Designated as Hedging Instrument [Member] | Foreign Exchange Contract [Member] | |||
| Derivative, Notional Amount | 1,400.0 | ||
| Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | |||
| Derivative, Notional Amount | $ 0.7 |
| X | ||||||||||
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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- Details
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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| X | ||||||||||
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Derivatives (Schedule Of Outstanding Derivative Instruments) (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
|
| Derivative Asset, Fair Value, Gross Asset | $ 33.3 | $ 9.5 |
| Fair Value, Liabilities | 36.8 | 13.5 |
| Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | 25.6 | 0.0 |
| Designated as Hedging Instrument [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 14.9 | 9.5 |
| Fair Value, Liabilities | 25.6 | 13.5 |
| Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Assets [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 0.0 | 2.2 |
| Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Noncurrent Liabilities [Member] | ||
| Fair Value, Liabilities | 5.9 | 5.3 |
| Designated as Hedging Instrument [Member] | Forward Starting Interest Rate Swaps [Member] | Prepaid Expenses And Other [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 0.0 | 0.1 |
| Designated as Hedging Instrument [Member] | Forward Starting Interest Rate Swaps [Member] | Other Accrued Liabilities [Member] | ||
| Fair Value, Liabilities | 0.0 | 3.2 |
| Designated as Hedging Instrument [Member] | Cross Currency Interest Rate Swap [Member] | Other Assets [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 0.7 | 0.6 |
| Designated as Hedging Instrument [Member] | Cross Currency Interest Rate Swap [Member] | Other Noncurrent Liabilities [Member] | ||
| Fair Value, Liabilities | 16.3 | 3.3 |
| Designated as Hedging Instrument [Member] | Foreign Currency Derivatives [Member] | Prepaid Expenses And Other [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 14.2 | 6.6 |
| Designated as Hedging Instrument [Member] | Foreign Currency Derivatives [Member] | Other Accrued Liabilities [Member] | ||
| Fair Value, Liabilities | 3.4 | 0.1 |
| Designated as Hedging Instrument [Member] | Foreign Exchange Contracts on Intercompany Borrowings [Member] | Prepaid Expenses And Other [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 0.0 | 0.0 |
| Designated as Hedging Instrument [Member] | Foreign Exchange Contracts on Intercompany Borrowings [Member] | Other Accrued Liabilities [Member] | ||
| Fair Value, Liabilities | 0.0 | 1.6 |
| Not Designated as Hedging Instrument [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 18.4 | 0.0 |
| Fair Value, Liabilities | 11.2 | 0.0 |
| Not Designated as Hedging Instrument [Member] | Foreign Currency Derivatives [Member] | Prepaid Expenses And Other [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 18.2 | 0.0 |
| Not Designated as Hedging Instrument [Member] | Foreign Currency Derivatives [Member] | Other Accrued Liabilities [Member] | ||
| Fair Value, Liabilities | 10.9 | 0.0 |
| Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Prepaid Expenses And Other [Member] | ||
| Derivative Asset, Fair Value, Gross Asset | 0.2 | 0.0 |
| Not Designated as Hedging Instrument [Member] | Commodity Contract [Member] | Other Accrued Liabilities [Member] | ||
| Fair Value, Liabilities | $ 0.3 | $ 0.0 |
| X | ||||||||||
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
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| X | ||||||||||
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Derivatives (Schedule Of Cash Flow Hedges) (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Jan. 26, 2016 |
|
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | $ (12.0) | $ 14.3 | $ 5.5 | |
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net | $ (69.8) | 10.0 | 14.9 | |
| Cash Flow Hedge Ineffectiveness is Immaterial | not material | |||
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | $ 20.4 | |||
| Foreign Exchange Contract on Inventory-Related Purchases [Member] | ||||
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net | 31.2 | 15.5 | 11.6 | |
| Foreign Exchange Contracts on Intercompany Borrowings [Member] | ||||
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net | 0.1 | 0.3 | 3.3 | |
| Forward Interest Rate Swaps [Member] | ||||
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net | (88.1) | (3.1) | 0.0 | |
| Cross Currency Interest Rate Swap [Member] | ||||
| Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net | (13.0) | (2.7) | 0.0 | |
| Cost of Products Sold [Member] | Foreign Exchange Contract on Inventory-Related Purchases [Member] | ||||
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | 7.4 | 16.2 | 5.9 | |
| Other Expense [Member] | Foreign Exchange Contracts on Intercompany Borrowings [Member] | ||||
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | 0.0 | (0.1) | 0.3 | |
| Other Expense [Member] | Cross Currency Interest Rate Swap [Member] | ||||
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | (13.2) | (1.0) | 0.0 | |
| Interest Expense, Net [Member] | Forward Interest Rate Swaps [Member] | ||||
| Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net | (6.2) | $ (0.8) | $ (0.7) | |
| Forward Starting Interest Rate Swaps [Member] | ||||
| Derivative Liability, Notional Amount | 1,000.0 | $ 1,300.0 | ||
| Derivative Instruments, Loss Recognized in Other Comprehensive Income (Loss), Effective Portion | $ 91.2 | |||
| Total 2015 and 2016 Forward Starting Interest Rate Swaps [Member] | ||||
| Derivative Liability, Notional Amount | $ 2,300.0 | |||
| X | ||||||||||
- Definition The estimated net amount of existing gains or losses on cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition A disclosure of an assertion that the amount of cash flow hedge ineffectiveness is immaterial. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The effective portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The effective portion of losses on derivative instruments designated and qualifying as hedging instruments that was recognized in other comprehensive income during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Nominal or face amount used to calculate payments on the derivative liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Commitments Commitments (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Commitments [Abstract] | |||
| Operating Leases, Rent Expense | $ 216.2 | $ 105.1 | $ 106.1 |
| Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract] | |||
| Operating Leases, Future Minimum Payments Due, Current | 219.1 | ||
| Operating Leases, Future Minimum Payments, Due in Two Years | 189.4 | ||
| Operating Leases, Future Minimum Payments, Due in Three Years | 150.8 | ||
| Operating Leases, Future Minimum Payments, Due in Four Years | 113.8 | ||
| Operating Leases, Future Minimum Payments, Due in Five Years | 91.4 | ||
| Operating Leases, Future Minimum Payments, Due Thereafter | 260.8 | ||
| Operating Leases, Future Minimum Payments Due | $ 1,025.3 | ||
| X | ||||||||||
- Definition Commitments [Abstract] No definition available.
|
| X | ||||||||||
- Definition Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Employee Benefit And Retirement Plans (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Defined Benefit Plan Disclosure [Line Items] | |||
| Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized From AOCI in Next Fiscal Year, Pre-Tax | $ 17.0 | ||
| Defined Contribution Plan, Employer Discretionary Contribution Amount | 17.4 | $ 16.5 | $ 15.8 |
| Defined Contribution Benefit Arrangement, Liability at Period End | 17.6 | 16.7 | |
| Payments for Postemployment Benefits | 70.6 | 98.6 | |
| Deferred Compensation Liability, Current and Noncurrent | 41.7 | 44.2 | |
| Deferred Compensation Plan Assets | 57.1 | 55.3 | |
| OTHER ASSETS | 383.6 | 273.4 | |
| Defined Contribution Plan, Cost Recognized | 25.5 | 14.0 | $ 13.6 |
| Supplemental Employee Retirement Plan [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Net Death Benefits From Life Insurance Policies, Amount | 289.7 | ||
| Cash Surrender Value of Life Insurance | 116.0 | 108.4 | |
| Defined Benefit Plan, Benefit Obligation | $ 122.5 | $ 119.5 | |
| X | ||||||||||
- Definition Benefit payments relating to one-time lump-sum offer No definition available.
|
| X | ||||||||||
- Definition Defined Contribution Benefit Arrangement, Liability at Period End No definition available.
|
| X | ||||||||||
- Definition Net Death Benefits From Life Insurance Policies, Amount No definition available.
|
| X | ||||||||||
- Definition Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized From AOCI in Next Fiscal Year, Pre-Tax No definition available.
|
| X | ||||||||||
- Definition Carrying amount as of the balance sheet date of amounts which could be received based on the terms of the insurance contract upon surrendering life policies owned by the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements. Represents currently earned compensation under compensation arrangements that is not actually paid until a later date. No definition available.
|
| X | ||||||||||
- Definition Carrying amount as of the balance sheet date of assets held under deferred compensation agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition 1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition The amount of the cost recognized during the period for defined contribution plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of discretionary contributions made by an employer to a defined contribution plan. No definition available.
|
| X | ||||||||||
- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
Employee Benefit And Retirement Plans (Schedule Of Company's Defined Benefit Pension Plan) (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Accumulated Benefit Obligation | $ 1,933.2 | $ 1,249.9 | ||
| Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation | 1,941.9 | 1,253.7 | ||
| Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ||||
| Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | 7.2 | 0.0 | ||
| Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ||||
| Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets | 1,449.5 | 948.4 | ||
| Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets | 1,449.5 | 948.4 | ||
| Primary U.S. Pension Plan [Member] | ||||
| Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ||||
| Defined Benefit Plan, Contributions by Employer | 70.0 | |||
| United States Pension Plan of US Entity [Member] | ||||
| Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ||||
| Defined Benefit Plan, Benefit Obligation, Beginning | $ 1,592.2 | 937.7 | 1,060.7 | |
| Service cost-benefits earned during the period | 2.7 | 3.2 | $ 4.1 | |
| Interest cost on projected benefit obligation | 45.1 | 41.3 | 45.1 | |
| Defined Benefit Plan, Actuarial (Gain) Loss | (16.3) | (91.9) | ||
| Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Benefit Obligation | 0.0 | 0.0 | ||
| Defined Benefit Plan, Benefits Paid | (98.2) | (140.4) | ||
| Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | 721.2 | 64.8 | ||
| Projected benefit obligation change other | 0.0 | 0.0 | ||
| Defined Benefit Plan, Benefit Obligation, Ending | 1,592.2 | 937.7 | 1,060.7 | |
| Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ||||
| Defined Benefit Plan, Fair Value of Plan Assets, Beginning | 1,230.6 | 722.9 | 752.0 | |
| Defined Benefit Plan, Actual Return on Plan Assets | 70.7 | (14.0) | ||
| Defined Benefit Plan, Contributions by Employer | 12.0 | 83.1 | ||
| Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets | 0.0 | 0.0 | ||
| Defined Benefit Plan, Benefits Paid | (98.2) | (140.4) | ||
| Defined Benefit Plan, Business Combinations and Acquisitions, Plan Assets | 523.2 | 42.2 | ||
| Plan Assets Other change | 0.0 | 0.0 | ||
| Defined Benefit Plan, Fair Value of Plan Assets, Ending | 1,230.6 | 722.9 | 752.0 | |
| Defined Benefit Plan, Funded Status of Plan | (361.6) | (214.8) | ||
| Defined Benefit Plan, Amounts Recognized in Balance Sheet [Abstract] | ||||
| Defined Benefit Plan, Assets for Plan Benefits, Noncurrent | 0.0 | 0.0 | ||
| Pension and Other Postretirement Defined Benefit Plans, Current Liabilities | (12.5) | (9.6) | ||
| Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent | (349.1) | (205.2) | ||
| Defined Benefit Plan, Amounts Recognized in Balance Sheet | (361.6) | (214.8) | ||
| Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss) [Abstract] | ||||
| Defined Benefit Plan, Accumulated Benefit Obligation | $ 1,592.2 | $ 937.7 | ||
| Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ||||
| Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate | 3.98% | 4.23% | ||
| Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase | 2.50% | 2.50% | ||
| Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ||||
| Service cost-benefits earned during the period | $ 2.7 | $ 3.2 | 4.1 | |
| Interest cost on projected benefit obligation | 45.1 | 41.3 | 45.1 | |
| Expected return on plan assets | (69.1) | (58.0) | (57.5) | |
| Defined Benefit Plan, Amortization of Prior Service Cost (Credit) | (0.1) | (0.1) | 0.0 | |
| Defined Benefit Plan, Amortization of (Gains) Losses | 21.8 | 26.2 | 24.2 | |
| Curtailment and settlement costs | 0.0 | 52.1 | 65.4 | |
| Net periodic pension cost | $ 0.4 | $ 64.7 | $ 81.3 | |
| Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ||||
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate | 4.06% | 4.00% | 4.50% | |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Benefit Obligations | 3.21% | 4.00% | 4.50% | |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Service Cost | 4.16% | 4.00% | 4.50% | |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Service Cost | 3.67% | 4.00% | 4.50% | |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets | 6.34% | 7.25% | 7.25% | |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase | 2.50% | 2.50% | 2.50% | |
| Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | 12.5 | |||
| International [Member] | ||||
| Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | ||||
| Defined Benefit Plan, Benefit Obligation, Beginning | 647.4 | $ 613.6 | $ 671.7 | |
| Service cost-benefits earned during the period | 6.6 | 5.8 | $ 5.9 | |
| Interest cost on projected benefit obligation | 17.5 | 19.6 | 25.3 | |
| Defined Benefit Plan, Actuarial (Gain) Loss | 104.2 | (51.8) | ||
| Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Benefit Obligation | (107.9) | (34.7) | ||
| Defined Benefit Plan, Benefits Paid | (25.3) | (28.7) | ||
| Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | 64.8 | 11.2 | ||
| Projected benefit obligation change other | (26.1) | 20.5 | ||
| Defined Benefit Plan, Benefit Obligation, Ending | 647.4 | 613.6 | 671.7 | |
| Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] | ||||
| Defined Benefit Plan, Fair Value of Plan Assets, Beginning | 565.3 | 560.3 | 584.4 | |
| Defined Benefit Plan, Actual Return on Plan Assets | 112.4 | (7.0) | ||
| Defined Benefit Plan, Contributions by Employer | 16.4 | 14.5 | ||
| Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets | (105.9) | (26.9) | ||
| Defined Benefit Plan, Benefits Paid | (25.3) | (28.7) | ||
| Defined Benefit Plan, Business Combinations and Acquisitions, Plan Assets | 34.0 | 15.0 | ||
| Plan Assets Other change | (26.6) | 9.0 | ||
| Defined Benefit Plan, Fair Value of Plan Assets, Ending | 565.3 | 560.3 | 584.4 | |
| Defined Benefit Plan, Funded Status of Plan | (82.1) | (53.3) | ||
| Defined Benefit Plan, Amounts Recognized in Balance Sheet [Abstract] | ||||
| Defined Benefit Plan, Assets for Plan Benefits, Noncurrent | 48.7 | 35.9 | ||
| Pension and Other Postretirement Defined Benefit Plans, Current Liabilities | (4.4) | (3.3) | ||
| Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent | (126.4) | (85.9) | ||
| Defined Benefit Plan, Amounts Recognized in Balance Sheet | (82.1) | (53.3) | ||
| Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss) [Abstract] | ||||
| Defined Benefit Plan, Accumulated Benefit Obligation | $ 635.1 | $ 604.6 | ||
| Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract] | ||||
| Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate | 2.35% | 3.37% | ||
| Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase | 3.53% | 3.58% | ||
| Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | ||||
| Service cost-benefits earned during the period | $ 6.6 | $ 5.8 | 5.9 | |
| Interest cost on projected benefit obligation | 17.5 | 19.6 | 25.3 | |
| Expected return on plan assets | (20.8) | (22.1) | (26.6) | |
| Defined Benefit Plan, Amortization of Prior Service Cost (Credit) | 0.5 | 0.0 | (0.1) | |
| Defined Benefit Plan, Amortization of (Gains) Losses | 2.2 | 3.4 | 3.2 | |
| Curtailment and settlement costs | 2.9 | 0.4 | (0.1) | |
| Net periodic pension cost | $ 8.9 | $ 7.1 | $ 7.6 | |
| Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract] | ||||
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate | 3.29% | 3.03% | 4.21% | |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Benefit Obligations | 2.92% | 3.03% | 4.21% | |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Service Cost | 3.39% | 3.03% | 4.21% | |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Service Cost | 3.35% | 3.03% | 4.21% | |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets | 3.93% | 3.86% | 5.01% | |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase | 3.51% | 3.60% | 4.21% | |
| Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | $ 14.1 | |||
| X | ||||||||||
- Definition Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Benefit Obligations No definition available.
|
| X | ||||||||||
- Definition Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Service Cost No definition available.
|
| X | ||||||||||
- Definition Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Service Cost No definition available.
|
| X | ||||||||||
- Definition Plan Assets Other change No definition available.
|
| X | ||||||||||
- Definition Projected benefit obligation change other No definition available.
|
| X | ||||||||||
- Definition For defined benefit pension plans, the actuarial present value of benefits (whether vested or nonvested) attributed by the pension benefit formula to employee service rendered before a specified date and based on employee service and compensation (if applicable) before that date. The accumulated benefit obligation differs from the projected benefit obligation in that it includes no assumption about future compensation levels. For plans with flat-benefit or nonpay-related pension benefit formulas, the accumulated benefit obligation and the projected benefit obligation are the same. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The difference between fair value of plan assets at the end of the period and the fair value at the beginning of the period, adjusted for contributions and payments of benefits during the period, and after adjusting for taxes and other expenses, as applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of gain (loss) related to change in benefit obligation resulting from changes in actuarial assumptions, for example, but not limited to, interest, mortality, employee turnover, salary, and temporary deviation from the substantive plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of the prior service cost or credit recognized in net periodic benefit cost relating to benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate net amount recognized in the balance sheet associated with the defined benefit plan(s). Will normally be the same as the Defined Benefit Plan, Funded Status of Plan, Total. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount for overfunded plans recognized in the balance sheet as a noncurrent asset associated with a defined benefit pension plan or other postretirement defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The interest rate used to adjust for the time value of money for the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Expected rate of compensation increases (for pay-related plans). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The interest rate used to adjust for the time value of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition An assumption as to the rate of return on plan assets reflecting the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Expected rate of compensation increases (for pay-related plans). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition 1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of payments made for which participants are entitled under a pension plan, including pension benefits, death benefits, and benefits due on termination of employment. Also includes payments made under a postretirement benefit plan, including prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. This item represents a periodic decrease to the plan obligations and a decrease to plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of increase in the benefit obligation attributed to business combinations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of increase in the plan assets attributed to a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Amount of contributions made by the employer to defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Fair value of assets that have been segregated and restricted to provide pension or postretirement benefits. Assets include, but are not limited to, stocks, bonds, other investments, earnings from investments, and contributions by the employer and employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of gain (loss) from foreign currency exchange rate changes for benefit obligation for plans of a foreign operation whose functional currency is not the reporting currency. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The amount of increase or decrease in plan assets attributed to foreign currency changes. The effects of foreign currency exchange rate changes that are to be disclosed are those applicable to plans of a foreign operation whose functional currency is not the reporting currency. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The funded status is measured as the difference between the fair value of plan assets and the benefit obligation. Will normally be the same as the net Defined Benefit Plan, Amounts Recognized in Balance Sheet, Total. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition If aggregate disclosures are presented, the aggregate pension accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition If aggregate disclosures are presented, the aggregate fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition If aggregate disclosures are presented, the aggregate projected benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition If aggregate disclosures are presented, the aggregate fair value of plan assets for plans with benefit obligations in excess of plan assets as of the measurement date of each statement of financial position presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of net gain (loss) recognized in net periodic benefit cost due to settlements and curtailments. Curtailments result from an event that significantly reduces the expected years of future service of present employees or eliminates for a significant number of employees the accrual of defined benefits for some or all of their future services. Settlements result from an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include, but are not limited to, lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of employer's best estimate of contributions expected to be paid to the plan during the next fiscal year beginning after the date of the latest statement of financial position. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition For a classified balance sheet, the amount recognized in balance sheet as a current liability associated with an underfunded defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Employee Benefit And Retirement Plans Employee Benefit And Retirement Plans (Pension Assets Target Allocation) (Details) |
12 Months Ended |
|---|---|
Dec. 31, 2016 | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Investment Redemption, Notice Period | 90 days |
| Equity Securities [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Target Plan Asset Allocations Range Minimum | 25.00% |
| Defined Benefit Plan, Target Plan Asset Allocations Range Maximum | 40.00% |
| Bonds [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Target Plan Asset Allocations Range Minimum | 20.00% |
| Defined Benefit Plan, Target Plan Asset Allocations Range Maximum | 40.00% |
| Cash and Other Investments [Member] | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Target Plan Asset Allocations Range Minimum | 25.00% |
| Defined Benefit Plan, Target Plan Asset Allocations Range Maximum | 45.00% |
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Target allocation maximum percentage of investments of this type to total plan assets presented on a weighted average basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Notice period the entity is required to deliver before it can redeem an investment calculated using net asset value per share, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Includes, but is not limited to, investments calculated by per unit, per membership interest, other equity or ownership interest and alternative investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Employee Benefit And Retirement Plans Employee Benefit And Retirement Plans (Defined Benefit Plan, Fair Value of Plan Assets Disclosures) (Details) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|---|---|---|---|
| United States Pension Plan of US Entity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | $ 1,230.6 | $ 722.9 | $ 752.0 |
| United States Pension Plan of US Entity [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 270.4 | 154.9 | |
| United States Pension Plan of US Entity [Member] | International Equity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 181.6 | 106.0 | |
| United States Pension Plan of US Entity [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 583.7 | 409.5 | |
| United States Pension Plan of US Entity [Member] | Alternative Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 166.1 | 26.3 | |
| United States Pension Plan of US Entity [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 28.8 | 26.2 | |
| International [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 565.3 | 560.3 | 584.4 |
| International [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 71.0 | 104.4 | |
| International [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 215.6 | 177.7 | |
| International [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 278.7 | 278.2 | |
| Fair Value, Inputs, Level 1 [Member] | United States Pension Plan of US Entity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 638.9 | 356.4 | |
| Fair Value, Inputs, Level 1 [Member] | United States Pension Plan of US Entity [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 149.8 | 25.8 | |
| Fair Value, Inputs, Level 1 [Member] | United States Pension Plan of US Entity [Member] | International Equity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 80.4 | 20.3 | |
| Fair Value, Inputs, Level 1 [Member] | United States Pension Plan of US Entity [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 372.7 | 307.7 | |
| Fair Value, Inputs, Level 1 [Member] | United States Pension Plan of US Entity [Member] | Alternative Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 23.5 | 0.0 | |
| Fair Value, Inputs, Level 1 [Member] | United States Pension Plan of US Entity [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 12.5 | 2.6 | |
| Fair Value, Inputs, Level 1 [Member] | International [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 194.9 | 73.5 | |
| Fair Value, Inputs, Level 1 [Member] | International [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 26.2 | 70.0 | |
| Fair Value, Inputs, Level 1 [Member] | International [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 164.0 | 0.0 | |
| Fair Value, Inputs, Level 1 [Member] | International [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 4.7 | 3.5 | |
| Fair Value, Inputs, Level 2 [Member] | United States Pension Plan of US Entity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 15.2 | 43.3 | |
| Fair Value, Inputs, Level 2 [Member] | United States Pension Plan of US Entity [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 2 [Member] | United States Pension Plan of US Entity [Member] | International Equity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 2 [Member] | United States Pension Plan of US Entity [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 19.7 | |
| Fair Value, Inputs, Level 2 [Member] | United States Pension Plan of US Entity [Member] | Alternative Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 2 [Member] | United States Pension Plan of US Entity [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 15.2 | 23.6 | |
| Fair Value, Inputs, Level 2 [Member] | International [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 217.8 | 303.6 | |
| Fair Value, Inputs, Level 2 [Member] | International [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 2 [Member] | International [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 96.2 | |
| Fair Value, Inputs, Level 2 [Member] | International [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 217.8 | 207.4 | |
| Fair Value, Inputs, Level 3 [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 81.3 | 26.9 | $ 68.3 |
| Fair Value, Inputs, Level 3 [Member] | United States Pension Plan of US Entity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 62.5 | 26.3 | |
| Fair Value, Inputs, Level 3 [Member] | United States Pension Plan of US Entity [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 3 [Member] | United States Pension Plan of US Entity [Member] | International Equity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 3 [Member] | United States Pension Plan of US Entity [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 3 [Member] | United States Pension Plan of US Entity [Member] | Alternative Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 61.4 | 26.3 | |
| Fair Value, Inputs, Level 3 [Member] | United States Pension Plan of US Entity [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 1.1 | 0.0 | |
| Fair Value, Inputs, Level 3 [Member] | International [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 18.8 | 0.6 | |
| Fair Value, Inputs, Level 3 [Member] | International [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Fair Value, Inputs, Level 3 [Member] | International [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 5.3 | 0.0 | |
| Fair Value, Inputs, Level 3 [Member] | International [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 13.5 | 0.6 | |
| Portion at Other than Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 514.0 | 296.9 | |
| Portion at Other than Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 120.6 | 129.1 | |
| Portion at Other than Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | International Equity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 101.2 | 85.7 | |
| Portion at Other than Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 211.0 | 82.1 | |
| Portion at Other than Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Alternative Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 81.2 | 0.0 | |
| Portion at Other than Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 0.0 | 0.0 | |
| Portion at Other than Fair Value Measurement [Member] | International [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 133.8 | 182.6 | |
| Portion at Other than Fair Value Measurement [Member] | International [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 44.8 | 34.4 | |
| Portion at Other than Fair Value Measurement [Member] | International [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 46.3 | 81.5 | |
| Portion at Other than Fair Value Measurement [Member] | International [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 42.7 | 66.7 | |
| Estimate of Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 716.6 | 426.0 | |
| Estimate of Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 149.8 | 25.8 | |
| Estimate of Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | International Equity [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 80.4 | 20.3 | |
| Estimate of Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 372.7 | 327.4 | |
| Estimate of Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Alternative Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 84.9 | 26.3 | |
| Estimate of Fair Value Measurement [Member] | United States Pension Plan of US Entity [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 28.8 | 26.2 | |
| Estimate of Fair Value Measurement [Member] | International [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 431.5 | 377.7 | |
| Estimate of Fair Value Measurement [Member] | International [Member] | Equity Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 26.2 | 70.0 | |
| Estimate of Fair Value Measurement [Member] | International [Member] | Fixed Income Securities [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | 169.3 | 96.2 | |
| Estimate of Fair Value Measurement [Member] | International [Member] | Cash and Other Investments [Member] | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets | $ 236.0 | $ 211.5 |
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Fair value of assets that have been segregated and restricted to provide pension or postretirement benefits. Assets include, but are not limited to, stocks, bonds, other investments, earnings from investments, and contributions by the employer and employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Employee Benefit And Retirement Plans Employee Benefit And Retirement Plans (Unobservable Inputs Roll Forward) (Details) - USD ($) $ in Millions |
12 Months Ended | |
|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
|
| Defined Benefit Plan Disclosure [Line Items] | ||
| Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Acquisitions | $ 73.6 | |
| Fair Value, Inputs, Level 3 [Member] | ||
| Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||
| Defined Benefit Plan, Fair Value of Plan Assets, Beginning | 26.9 | $ 68.3 |
| Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Realized Gains (Losses) | 2.2 | 5.2 |
| Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Unrealized Gains (Losses) | (0.6) | (4.9) |
| Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales | (20.8) | (41.7) |
| Defined Benefit Plan, Fair Value of Plan Assets, Ending | $ 81.3 | $ 26.9 |
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- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Realized Gains (Losses) No definition available.
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- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Unrealized Gains (Losses) No definition available.
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- Definition Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Acquisitions No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Fair value of assets that have been segregated and restricted to provide pension or postretirement benefits. Assets include, but are not limited to, stocks, bonds, other investments, earnings from investments, and contributions by the employer and employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Employee Benefit And Retirement Plans Employee Benefit And Retirement Plans (Other Postretirement Benefit Plan) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | |||
| Defined Benefit Plan, Business Combinations and Acquisitions, Benefit Obligation | $ 7.2 | $ 0.0 | |
| Other Postretirement Benefit Plans, Defined Benefit [Member] | |||
| Defined Benefit Plan, Change in Benefit Obligation [Roll Forward] | |||
| Defined Benefit Plan, Benefit Obligation, Beginning | 67.9 | 88.1 | |
| Service cost-benefits earned during the period | 0.1 | 0.3 | $ 1.0 |
| Interest cost on projected benefit obligation | 2.2 | 3.4 | 4.8 |
| Defined Benefit Plan, Actuarial (Gain) Loss | 3.0 | (18.3) | |
| Defined Benefit Plan, Benefits Paid | (6.1) | (5.6) | |
| Change in post retirement plan benefits | 0.3 | 0.0 | |
| Defined Benefit Plan, Benefit Obligation, Ending | 74.6 | 67.9 | 88.1 |
| Defined Benefit Plan, Funded Status of Plan | $ (74.6) | $ (67.9) | |
| Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate | 3.75% | 4.00% | |
| Defined Benefit Plan, Ultimate Health Care Cost Trend Rate | 4.50% | 4.50% | |
| Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year | 8.67% | 8.70% | |
| Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] | |||
| Pension and Other Postretirement Defined Benefit Plans, Current Liabilities | $ (6.4) | $ (5.8) | |
| Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent | (68.2) | (62.1) | |
| Defined Benefit Plan, Amounts Recognized in Balance Sheet | (74.6) | (67.9) | |
| Defined Benefit Plan, Net Periodic Benefit Cost [Abstract] | |||
| Service cost-benefits earned during the period | 0.1 | 0.3 | 1.0 |
| Interest cost on projected benefit obligation | 2.2 | 3.4 | 4.8 |
| Defined Benefit Plan, Amortization of Prior Service Cost (Credit) | (5.2) | (6.6) | (6.4) |
| Defined Benefit Plan, Amortization of (Gains) Losses | (5.2) | (1.2) | 0.0 |
| Net periodic pension cost | $ (8.1) | $ (4.1) | $ (0.6) |
| Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate | 3.97% | 4.00% | 4.50% |
| Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rates [Abstract] | |||
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Benefit Obligations | 3.10% | 4.00% | 4.50% |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Service Cost | 3.46% | 4.00% | 4.50% |
| Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Service Cost | 3.19% | 4.00% | 4.50% |
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- Definition Change in post retirement plan benefits No definition available.
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- Definition Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Benefit Obligations No definition available.
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- Definition Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Interest on Service Cost No definition available.
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- Definition Defined Benefit Plan, Weighted Average Assumption in Net Periodic Benefit Cost, Effective Rate for Service Cost No definition available.
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- Definition Amount of gain (loss) related to change in benefit obligation resulting from changes in actuarial assumptions, for example, but not limited to, interest, mortality, employee turnover, salary, and temporary deviation from the substantive plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of the prior service cost or credit recognized in net periodic benefit cost relating to benefit changes attributable to plan participants' prior service pursuant to a plan amendment or a plan initiation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate net amount recognized in the balance sheet associated with the defined benefit plan(s). Will normally be the same as the Defined Benefit Plan, Funded Status of Plan, Total. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The interest rate used to adjust for the time value of money for the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The interest rate used to adjust for the time value of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition 1) For defined benefit pension plans, the benefit obligation is the projected benefit obligation, which is the actuarial present value as of a date of all benefits attributed by the pension benefit formula to employee service rendered prior to that date. 2) For other postretirement defined benefit plans, the benefit obligation is the accumulated postretirement benefit obligation, which is the actuarial present value of benefits attributed to employee service rendered to a particular date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of payments made for which participants are entitled under a pension plan, including pension benefits, death benefits, and benefits due on termination of employment. Also includes payments made under a postretirement benefit plan, including prescription drug benefits, health care benefits, life insurance benefits, and legal, educational and advisory services. This item represents a periodic decrease to the plan obligations and a decrease to plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of increase in the benefit obligation attributed to business combinations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- References No definition available.
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- Definition The funded status is measured as the difference between the fair value of plan assets and the benefit obligation. Will normally be the same as the net Defined Benefit Plan, Amounts Recognized in Balance Sheet, Total. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The assumed health care cost trend rate for the next year used to measure the expected cost of benefits covered by the plan (gross eligible charges). This is based upon the annual rate of change in the cost of health care benefits currently provided by the postretirement benefit plan, due to factors other than changes in the composition of the plan population by age and dependency status. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
|
| X | ||||||||||
- Definition The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The ultimate trend rate for health care costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition For a classified balance sheet, the amount recognized in balance sheet as a current liability associated with an underfunded defined benefit plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
Employee Benefit And Retirement Plans Employee Benefit And Retirement Plans (Estimated Future Benefit Payments) (Details) $ in Millions |
Dec. 31, 2016
USD ($)
|
|---|---|
| Defined Benefit Pension [Member] | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months | $ 126.8 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Two | 126.4 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Three | 127.3 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Four | 130.3 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Five | 130.1 |
| Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter | 647.4 |
| Other Postretirement Benefit Plans, Defined Benefit [Member] | |
| Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items] | |
| Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months | 6.5 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Two | 6.4 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Three | 6.3 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Four | 6.1 |
| Defined Benefit Plan, Expected Future Benefit Payments, Year Five | 5.9 |
| Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter | $ 27.0 |
| X | ||||||||||
- Definition Amount of benefits from a defined benefit plan expected to be paid in the five fiscal years after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of benefits from a defined benefit plan expected to be paid in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of benefits from a defined benefit plan expected to be paid in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of benefits from a defined benefit plan expected to be paid in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of benefits from a defined benefit plan expected to be paid in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of benefits from a defined benefit plan expected to be paid in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Earnings Per Share (Narrative) (Details) - USD ($) shares in Millions, $ in Millions |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|||
| Computation of Basic And Diluted Earnings Per Share [Line Items] | |||||
| Income (Loss) from Continuing Operations Attributable to Parent | $ 528.5 | $ 259.3 | $ 373.0 | ||
| Income from Discontinued Operations, Net of Tax, Attributable to Parent | (0.7) | 90.7 | 4.8 | ||
| Net Income | 527.8 | 350.0 | 377.8 | ||
| Dividends and equivalents for share-based awards expected to be forfeited | 0.0 | (0.1) | (0.1) | ||
| Net income for basic earnings per share | $ 527.8 | $ 350.1 | $ 377.9 | ||
| Weighted-average shares outstanding | 418.3 | 267.9 | 274.2 | ||
| Share-based payment awards classified as participating securities | 1.5 | 1.4 | 1.9 | ||
| Denominator for basic earnings per share | 421.3 | 269.3 | 276.1 | ||
| Dilutive securities | [1] | 1.8 | 2.2 | 2.8 | |
| Denominator for diluted earnings per share | 423.1 | 271.5 | 278.9 | ||
| Stock Options and Other Securities [Member] | |||||
| Computation of Basic And Diluted Earnings Per Share [Line Items] | |||||
| Antidilutive securities excluded from computation of EPS | 0.1 | 0.2 | 0.2 | ||
| Jarden Acquisition [Member] | |||||
| Computation of Basic And Diluted Earnings Per Share [Line Items] | |||||
| Dilutive Securities, Effect on Basic Earnings Per Share | $ 1.5 | $ 0.0 | $ 0.0 | ||
| Total Newell Shares Jarden Dissenting Stockholders [Member] | |||||
| Computation of Basic And Diluted Earnings Per Share [Line Items] | |||||
| Shares issuable to Dissenting Shareholders | 9.1 | ||||
| Acquiree Shares Held by Dissenting Shareholders | 10.6 | ||||
| |||||
| X | ||||||||||
- Definition Acquiree Shares Held by Dissenting Shareholders No definition available.
|
| X | ||||||||||
- Definition Dividend and equivalents for share-based payment awards estimated to be forfeited. No definition available.
|
| X | ||||||||||
- Definition Shares issuable to Dissenting Shareholders No definition available.
|
| X | ||||||||||
- Definition This element represents the weighted average shares outstanding throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period. No definition available.
|
| X | ||||||||||
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Amount of increase (decrease) to net income used for calculating diluted earnings per share (EPS), resulting from the assumed exercise stock options, restrictive stock units (RSUs), convertible preferred stock of an employee stock ownership plan (ESOP), and other dilutive convertible securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after tax of income (loss) from a discontinued operation attributable to the parent. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition This element represents nonvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid). Basic and dilutive earnings per share are generally disclosed for such shares using the two-class method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Stock-Based Compensation (Narrative) (Details) shares in Millions, $ in Millions |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Mar. 31, 2017
shares
|
Dec. 31, 2016
USD ($)
shares
|
Dec. 31, 2015
USD ($)
shares
|
Dec. 31, 2014
USD ($)
shares
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0.7 | 1.2 | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Shares to be Repurchased Next Year | 0.4 | |||
| Stock-based compensation expense | $ | $ 63.9 | $ 29.2 | $ 29.9 | |
| Stock Options [Member] | ||||
| Accelerated Vesting Conditions, Stock Options, Effective Period | 1 | |||
| Accelerated Vesting Conditions, Stock Options, Employee Age | 65 | |||
| 2003 Stock Plan [Member] | ||||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0.4 | |||
| Performance Based Restricted Stock Units [Member] | ||||
| Percentage of units that are earned, minimum | 0.00% | |||
| Percentage of units that are earned, maximum | 200.00% | |||
| Performance-based stock units awarded | 1.1 | 0.7 | 0.7 | |
| Shares entitled to recipients | 3.0 | |||
| Percentage of units granted assumed | 100.00% | |||
| Performance-based stock, outstanding | 2.1 | |||
| Restricted Stock Units (RSU) [Member] | ||||
| Vesting period, years | 3 years | |||
| Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized | $ | $ 119.1 | |||
| Share-based Compensation Not Yet Recognized, Weighted Average Period | 2 years | |||
| 2010 Stock Plan [Member] | ||||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0.3 | |||
| Minimum [Member] | Stock Options [Member] | ||||
| Vesting period, years | 3 years | |||
| Minimum [Member] | Stock Price Based RSU [Member] | ||||
| Vesting period, years | 1 year | |||
| Minimum [Member] | Restricted Stock Units (RSU) [Member] | ||||
| Vesting period, years | 1 year | |||
| Maximum [Member] | Stock Price Based RSU [Member] | ||||
| Vesting period, years | 7 years | |||
| Maximum [Member] | Restricted Stock Units (RSU) [Member] | ||||
| Vesting period, years | 3 years | |||
| X | ||||||||||
- Definition Accelerated Vesting Conditions, Stock Options, Effective Period No definition available.
|
| X | ||||||||||
- Definition Accelerated Vesting Conditions, Stock Options, Employee Age No definition available.
|
| X | ||||||||||
- Definition Maximum percentage applicable to performance based restricted stock units awarded based on the level of achievement of specified conditions at the vesting date. No definition available.
|
| X | ||||||||||
- Definition Minimum percentage applicable to performance based restricted stock units awarded based on the level of achievement of specified conditions at the vesting date. No definition available.
|
| X | ||||||||||
- Definition The number of outstanding performance share units that could be awarded based on performance as of the end of the reporting period. No definition available.
|
| X | ||||||||||
- Definition Performance-based restricted stock units granted during the period. No definition available.
|
| X | ||||||||||
- Definition Percentage applicable to performance based restricted stock units awarded based on the threshold level of achievement of specified conditions at end of period. No definition available.
|
| X | ||||||||||
- Definition The number of outstanding performance share units at the threshold award level as of the end of the reporting period. No definition available.
|
| X | ||||||||||
- Definition Unrecognized cost of unvested share-based compensation awards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition An entity expecting to repurchase shares in the following period, generally discloses an estimate of the amount or range of shares to be repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Stock-Based Compensation Stock-Based Compensation (Stock Plans) (Details) shares in Millions |
12 Months Ended | |
|---|---|---|
|
Dec. 31, 2016
shares
|
Dec. 31, 2015
shares
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0.7 | 1.2 |
| Restricted Stock Units (RSU) [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | |
| 2010 Stock Plan [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0.3 | |
| 2003 Stock Plan [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number | 0.4 | |
| 2013 Stock Plan [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 62.5 | |
| Multiplier For Calculating Share Availability Under A Stock Plan | 3.5 | |
| Shares Reserved For Issuance Of Restricted Stock Units | 5.0 | |
| Shares Reserved For Issuance Of Performance Based Restricted Stock Units | 14.4 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 43.1 | |
| 2013 Stock Plan [Member] | Restricted Stock Units (RSU) [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | |
| Minimum [Member] | Restricted Stock Units (RSU) [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 1 year | |
| Minimum [Member] | Stock Price Based RSU [Member] | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 1 year |
| X | ||||||||||
- Definition Multiplier For Calculating Share Availability Under A Stock Plan for awards other than stock options. No definition available.
|
| X | ||||||||||
- Definition Shares Reserved For Issuance Of Performance Based Restricted Stock Units No definition available.
|
| X | ||||||||||
- Definition Shares Reserved For Issuance Of Restricted Stock Units No definition available.
|
| X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Stock-Based Compensation Stock-based Compensation (Expense) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Stock or Unit Option Plan Expense | $ 0.0 | $ 0.0 | $ 0.7 |
| Restricted Stock or Unit Expense | 63.9 | 29.2 | 29.2 |
| Stock-based compensation expense | 63.9 | 29.2 | 29.9 |
| Allocated Share-based Compensation Expense, Net of Tax | $ 33.5 | $ 16.3 | $ 18.4 |
| X | ||||||||||
- Definition The amount of expense, net of income tax, recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. No definition available.
|
| X | ||||||||||
- Definition The noncash expense that represents the cost of restricted stock or unit distributed to employees as compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Stock-Based Compensation (Summary Of Changes Of Stock Options) (Details) $ / shares in Units, shares in Millions, $ in Millions |
12 Months Ended |
|---|---|
|
Dec. 31, 2016
USD ($)
$ / shares
shares
| |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] | |
| Outstanding Shares, Beginning of Period | shares | 1.2 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | shares | (0.5) |
| Outstanding Shares, End of Period | shares | 0.7 |
| Outstanding, Exercisable, Ending | shares | 0.7 |
| Weighted Average Exercise Price, Outstanding, Beginning of Period | $ / shares | $ 20 |
| Share Based Compensation Arrangement By Share Based Payment Award, Options Exercises In Period, Weighted Average Ex Price | $ / shares | 21 |
| Weighted Average Exercise Price, Outstanding, End of Period | $ / shares | 20 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price | $ / shares | $ 20 |
| Outstanding at period end, Aggregate Intrinsic Value Exercisable | $ | $ 17.5 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value | $ | 17.5 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Total Intrinsic Value | $ | $ 11.3 |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term | 2 years |
| X | ||||||||||
- Definition Share Based Compensation Arrangement By Share Based Payment Award, Options Exercises In Period, Weighted Average Ex Price No definition available.
|
| X | ||||||||||
- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Stock-Based Compensation (Summary Of Changes Of Restricted Stock And Restricted Stock Units) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ||||
| Outstanding Shares, Beginning of Period | 4.3 | 2.9 | ||
| Granted, Shares | 2.7 | |||
| Vested, Shares | (1.0) | |||
| Forfeited, Shares | (0.3) | |||
| Outstanding Shares, End of Period | 4.3 | 2.9 | ||
| Share Based Compensation, Equity Instruments Other Than Options, Expected To Vest | 4.0 | |||
| Weighted-Average Grant date Fair Value, Outstanding, Beginning of Period | $ 48 | $ 34 | ||
| Granted, Weighted-Average Grant Date Fair Value | 54 | $ 41 | $ 33 | |
| Vested, Weighted-Average Grant Date Fair Value | 26 | |||
| Forfeited, Weighted-Average Grant Date Fair Value | 45 | |||
| Weighted-Average Grant date Fair Value, Outstanding, End of Period | 48 | $ 34 | ||
| Share Based Compensation, Equity Instruments Other Than Options, Expected To Vest, Weighted Avg Grant Date Fair Value | $ 48 | |||
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value | $ 54.1 | $ 74.2 | $ 41.0 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Shares to be Repurchased Next Year | 0.4 | |||
| Restricted Stock Units (RSU) [Member] | ||||
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ||||
| Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | |||
| Performance Based Restricted Stock Units [Member] | ||||
| Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward] | ||||
| Share Based Compensation Arrangement By Share Based Payment Award Performance Share Unit Award Number | 1.1 | 0.7 | 0.7 | |
| Share Based Compensation Arrangement By Share Based Payment Award Performance Share Unit Additional Units Granted Minimum Percentage | 0.00% | |||
| Share Based Compensation Arrangement By Share Based Payment Award Performance Share Unit Additional Units Granted Maximum Percentage | 200.00% | |||
| Share Based Compensation Arrangement By Share Based Payment Award Performance Share Unit Threshold Award Level Nonvested Number | 2.1 | |||
| Share Based Compensation Arrangement By Share Based Payment Award Performance Share Unit Award Level Nonvested At Period End Number | 3.0 | |||
| Share Based Compensation Arrangement By Share Based Payment Award Performance Share Unit Outstanding At Threshold | 100.00% | |||
| X | ||||||||||
- Definition Maximum percentage applicable to performance based restricted stock units awarded based on the level of achievement of specified conditions at the vesting date. No definition available.
|
| X | ||||||||||
- Definition Minimum percentage applicable to performance based restricted stock units awarded based on the level of achievement of specified conditions at the vesting date. No definition available.
|
| X | ||||||||||
- Definition The number of outstanding performance share units that could be awarded based on performance as of the end of the reporting period. No definition available.
|
| X | ||||||||||
- Definition Performance-based restricted stock units granted during the period. No definition available.
|
| X | ||||||||||
- Definition Percentage applicable to performance based restricted stock units awarded based on the threshold level of achievement of specified conditions at end of period. No definition available.
|
| X | ||||||||||
- Definition The number of outstanding performance share units at the threshold award level as of the end of the reporting period. No definition available.
|
| X | ||||||||||
- Definition Share Based Compensation Arrangement By Share Based Payment Award, Equity Instruments Other Than Options, Expected To Vest No definition available.
|
| X | ||||||||||
- Definition Share Based Compensation, Equity Instruments Other Than Options, Expected To Vest, Weighted Avg Grant Date Fair Value No definition available.
|
| X | ||||||||||
- Definition Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
| X | ||||||||||
- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition An entity expecting to repurchase shares in the following period, generally discloses an estimate of the amount or range of shares to be repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
|
Stock-Based Compensation Stock-Based Compensation (Parenthetical) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| (Parenthetical) [Abstract] | |||
| Employee Service Share-based Compensation, Tax Benefit from Compensation Expense | $ 30.4 | $ 12.9 | $ 11.5 |
| X | ||||||||||
- Definition (Parenthetical) [Abstract] No definition available.
|
| X | ||||||||||
- Definition The total recognized tax benefit related to compensation cost for equity-based payment arrangements recognized in income during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Income Tax Provision [Line Items] | |||
| Current Federal Tax Expense (Benefit) | $ 126.6 | $ 103.0 | $ 24.5 |
| Current State and Local Tax Expense (Benefit) | 39.0 | 18.8 | 5.9 |
| Current Foreign Tax Expense (Benefit) | 86.8 | 19.4 | 19.2 |
| Current Income Tax Expense (Benefit) | 252.4 | 141.2 | 49.6 |
| Deferred Income Taxes and Tax Credits | 33.4 | (7.2) | 39.3 |
| Income Tax Expense (Benefit) - including discontinued operations | 285.8 | 134.0 | 88.9 |
| Income tax expense from discontinued operations | (0.2) | 55.8 | (0.2) |
| Income Tax Expense (Benefit) | 286.0 | 78.2 | 89.1 |
| Income (Loss) from Continuing Operations before Income Taxes, Foreign | $ 480.4 | $ 186.2 | $ 163.3 |
| X | ||||||||||
- Definition Income Tax Expense (Benefit) - including discontinued operations No definition available.
|
| X | ||||||||||
- Definition Income Tax Provision [Line Items] No definition available.
|
| X | ||||||||||
- Definition Income tax expense from discontinued operations No definition available.
|
| X | ||||||||||
- Definition Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred income tax expense (benefit) and income tax credits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Income Taxes (Effective Tax Rate Reconciliation) (Details) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Effective Tax Rate Reconciliation [Line Items] | |||
| Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate | 35.00% | 35.00% | 35.00% |
| Effective Income Tax Rate Reconciliation, State and Local Income Taxes | 4.20% | 3.00% | 2.10% |
| Effective Income Tax Rate Reconciliation, Tax Credits, Foreign | 1.30% | (17.50%) | (5.50%) |
| Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential | (9.80%) | (10.50%) | (7.00%) |
| Effective Income Tax Rate Reconciliation, Tax Contingencies | (2.10%) | 1.20% | (0.60%) |
| Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance | (3.30%) | 0.20% | (2.70%) |
| Effective Income Tax Rate Reconciliation, Other Adjustments | (3.30%) | (1.90%) | (0.50%) |
| Effective Income Tax Rate, Continuing Operations | 35.10% | 23.20% | 19.30% |
| Effective Income Tax Rate Reconciliation, Deduction, Percent | (2.20%) | (2.00%) | (1.50%) |
| Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent | (4.90%) | 0.00% | 0.00% |
| Venezuelan Operations [Member] | |||
| Effective Tax Rate Reconciliation [Line Items] | |||
| Effective Income Tax Rate Reconciliation, Other Adjustments | 0.00% | 15.70% | 0.00% |
| Tools [Member] | |||
| Effective Tax Rate Reconciliation [Line Items] | |||
| Effective Income Tax Rate Reconciliation, Other Adjustments | 20.20% | 0.00% | 0.00% |
| X | ||||||||||
- Definition Effective Tax Rate Reconciliation [Line Items] No definition available.
|
| X | ||||||||||
- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the income tax rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to deductions. Including, but not limited to, extraterritorial income exclusion deduction, qualified production activity deduction, dividend deduction, deduction for dividend paid to employee stock ownership plan, Medicare prescription drug benefit subsidy deduction, and other deductions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to income tax contingencies. Includes, but not limited to, domestic tax contingency, foreign tax contingency, state and local tax contingency, and other contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign tax credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Income Taxes (Deferred Taxes) (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Apr. 15, 2016 |
|
| Deferred Tax Assets, Net of Valuation Allowance [Abstract] | ||||
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals | $ 285.8 | $ 166.9 | ||
| Deferred Tax Assets, Inventory | 83.9 | 4.8 | ||
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Pensions | 149.8 | 113.5 | ||
| Deferred Tax Assets, Operating Loss Carryforwards, Foreign | 361.3 | 248.3 | ||
| Deferred Tax Assets, Tax Credit Carryforwards, Foreign | 34.0 | 0.0 | ||
| Deferred Tax Assets, Other | 193.0 | 78.8 | ||
| Deferred Tax Assets, Gross | 1,151.8 | 640.9 | ||
| Deferred Tax Assets, Valuation Allowance | (325.3) | (291.0) | ||
| Deferred Tax Assets, Net | 826.5 | 349.9 | ||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Deferred Tax Liabilities, Property, Plant and Equipment | (159.5) | (69.7) | ||
| Deferred Tax Liabilities, Intangible Assets | (5,300.5) | (463.6) | ||
| Deferred Tax Liabilities, Other | (35.0) | (4.7) | ||
| Deferred Tax Liabilities, Gross | (5,814.0) | (538.0) | ||
| Deferred Tax Liabilities | (4,987.5) | |||
| Deferred Tax Assets, Net, Noncurrent | 95.3 | 38.5 | ||
| Deferred Tax Liabilities, Net, Noncurrent | 5,082.8 | 226.6 | ||
| Deferred Tax Assets, Operating Loss Carryforwards, Foreign | 1,511.3 | |||
| Deferred Tax Asset, Operating Loss Carryforwards, Foreign (do not expire) | 811.3 | |||
| Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration | $ 700.0 | |||
| Tax Credit Carryfoward, Expiration Range | 2020 | |||
| Valuation Allowance, Deferred Tax Asset, Change in Amount | $ 34.3 | $ 54.3 | $ 30.2 | |
| Valuation Allowance, Deferred Tax Asset, Explanation of Change | 17.9 | 12.8 | 18.4 | |
| Estimated Undistributed Foreign Subsidiaries Earnings, Amount | $ 120.0 | |||
| Deferred Tax Liabilities, Undistributed Foreign Earnings | $ 79.9 | |||
| Deferred Tax Liability Not Recognized, Amount of Unrecognized Deferred Tax Liability, Undistributed Earnings of Foreign Subsidiaries | 1,236.1 | |||
| Postretirement Liabilities [Member] | ||||
| Deferred Tax Assets, Net of Valuation Allowance [Abstract] | ||||
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Pensions | 44.0 | $ 28.6 | ||
| Balance Sheet Item [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Deferred Tax Liabilities | (4,987.5) | (188.1) | ||
| Outside Basis DIfferences [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Deferred Tax Liabilities, Other | $ 319.0 | $ 0.0 | ||
| Minimum [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Operating Loss Carryforwards, Expiration Date | Jan. 01, 2017 | |||
| Maximum [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Operating Loss Carryforwards, Expiration Date | Dec. 31, 2036 | |||
| U.S. Federal NOL's [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Deferred Tax Assets, Operating Loss Carryforwards, Foreign | $ 442.2 | |||
| U.S. Federal NOL's [Member] | NOL Not Utilized in the Current Year [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Deferred Tax Assets, Operating Loss Carryforwards, Foreign | 406.0 | |||
| U.S. Federal NOL's [Member] | NOL Utilized in the Current Year [Member] | ||||
| Deferred Tax Liabilities, Net [Abstract] | ||||
| Deferred Tax Assets, Operating Loss Carryforwards, Foreign | $ 31.0 | |||
| X | ||||||||||
- Definition Operating Loss Carryforwards, not subject to expiration No definition available.
|
| X | ||||||||||
- Definition Operating Loss Carryforwards, subject to expiration No definition available.
|
| X | ||||||||||
- Definition Tax Credit Carryfoward, Expiration Range No definition available.
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible foreign operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible foreign tax credit carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from pension benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from reserves and accruals. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences without jurisdictional netting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from intangible assets other than goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences, with jurisdictional netting and classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability attributable to taxable temporary differences from undistributed earnings of subsidiaries and other recognized entities not within the country of domicile of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of deferred tax liability not recognized because of the exceptions to comprehensive recognition of deferred taxes related to undistributed earnings of foreign subsidiaries. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Expiration date of each operating loss carryforward included in operating loss carryforward, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of undistributed earnings of foreign subsidiaries intended to be permanently reinvested outside the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition A description of and reason for the change during the period in the valuation allowance for a specified deferred tax asset. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
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| X | ||||||||||
- Details
|
Income Taxes Income Taxes (Unrecognized Tax Positions) (Details) - USD ($) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Apr. 15, 2016 |
|
| Income Tax Contingency [Line Items] | ||||
| Increase in Unrecognized Tax Benefits is Reasonably Possible | $ 39.6 | |||
| Undistributed Earnings of Foreign Subsidiaries | $ 120.0 | |||
| Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent | (3.30%) | 0.20% | (2.70%) | |
| Effective Income Tax Rate Reconciliation, Deduction, Percent | (2.20%) | (2.00%) | (1.50%) | |
| Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent | (4.90%) | 0.00% | 0.00% | |
| Effective Income Tax Rate Reconciliation, Other Adjustments, Percent | (3.30%) | (1.90%) | (0.50%) | |
| Unrecognized Tax Benefits that Would Impact Effective Tax Rate | $ 359.9 | $ 155.4 | ||
| Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued | 21.2 | 6.3 | ||
| Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense | (3.4) | (0.1) | ||
| Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense [Abstract] | ||||
| Unrecognized Tax Benefits, Beginning Of Year | 162.9 | 101.4 | ||
| Unrecognized Tax Benefits, Increases Resulting from Prior Period Tax Positions | 4.8 | 63.1 | ||
| Unrecognized Tax Benefits, Decreases Resulting from Prior Period Tax Positions | (4.4) | (19.4) | ||
| Unrecognized Tax Benefits, Increases Resulting from Current Period Tax Positions | 30.0 | 21.5 | ||
| Unrecognized Tax Benefits, Decreases Resulting from Settlements with Taxing Authorities | (0.1) | (2.6) | ||
| Unrecognized Tax Benefits, Reductions Resulting from Lapse of Applicable Statute of Limitations | (41.7) | (1.1) | ||
| Unrecognized Tax Benefits, End Of Year | 367.9 | 162.9 | $ 101.4 | |
| Business Acquisition, Acquiree [Domain] | ||||
| Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense [Abstract] | ||||
| Unrecognized Tax Benefits, Beginning Of Year | 0.0 | |||
| Unrecognized Tax Benefits, End Of Year | $ 216.4 | $ 0.0 | ||
| Venezuelan Operations [Member] | ||||
| Income Tax Contingency [Line Items] | ||||
| Effective Income Tax Rate Reconciliation, Other Adjustments, Percent | 0.00% | 15.70% | 0.00% | |
| Tools [Member] | ||||
| Income Tax Contingency [Line Items] | ||||
| Effective Income Tax Rate Reconciliation, Other Adjustments, Percent | 20.20% | 0.00% | 0.00% | |
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the income tax rates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to deductions. Including, but not limited to, extraterritorial income exclusion deduction, qualified production activity deduction, dividend deduction, deduction for dividend paid to employee stock ownership plan, Medicare prescription drug benefit subsidy deduction, and other deductions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Amount of increase reasonably possible in the next twelve months for the unrecognized tax benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of undistributed earnings of foreign subsidiaries intended to be permanently reinvested outside the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from settlements with taxing authorities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount accrued for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of expense for interest on an underpayment of income taxes and penalties related to a tax position claimed or expected to be claimed in the tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of increase in unrecognized tax benefits resulting from tax positions taken in prior period tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Amount of decrease in unrecognized tax benefits resulting from lapses of applicable statutes of limitations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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Fair Value Disclosures (Non-Pension Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|||
|---|---|---|---|---|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Derivative Asset, Fair Value, Gross Asset | $ 33.3 | $ 9.5 | |||||
| Total Assets, Fair Value Disclosure, Recurring | 48.0 | 16.4 | |||||
| Derivative Liability, Fair Value, Gross Liability | 36.8 | 13.5 | |||||
| Total Liabilities, Fair Value Disclosure, Recurring | 36.8 | 13.5 | |||||
| Cash and cash equivalents | 587.5 | 274.8 | $ 199.4 | $ 226.3 | |||
| Other assets | 383.6 | 273.4 | |||||
| Investment Securities, Including Mutual Funds [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Assets, Fair Value Disclosure | 14.7 | 6.9 | |||||
| Cash and Cash Equivalents [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Cash and cash equivalents | 7.9 | 2.0 | |||||
| Fair Value, Inputs, Level 1 [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Derivative Asset, Fair Value, Gross Asset | 0.0 | 0.0 | |||||
| Total Assets, Fair Value Disclosure, Recurring | 4.8 | 4.5 | |||||
| Derivative Liability, Fair Value, Gross Liability | 0.0 | 0.0 | |||||
| Total Liabilities, Fair Value Disclosure, Recurring | 0.0 | 0.0 | |||||
| Fair Value, Inputs, Level 1 [Member] | Investment Securities, Including Mutual Funds [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Assets, Fair Value Disclosure | [1] | 4.8 | 4.5 | ||||
| Fair Value, Inputs, Level 2 [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Derivative Asset, Fair Value, Gross Asset | 33.3 | 9.5 | |||||
| Total Assets, Fair Value Disclosure, Recurring | 43.2 | 11.9 | |||||
| Derivative Liability, Fair Value, Gross Liability | 36.8 | 13.5 | |||||
| Total Liabilities, Fair Value Disclosure, Recurring | 36.8 | 13.5 | |||||
| Fair Value, Inputs, Level 2 [Member] | Investment Securities, Including Mutual Funds [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Assets, Fair Value Disclosure | [1] | 9.9 | 2.4 | ||||
| Fair Value, Inputs, Level 3 [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Derivative Asset, Fair Value, Gross Asset | 0.0 | 0.0 | |||||
| Total Assets, Fair Value Disclosure, Recurring | 0.0 | 0.0 | |||||
| Derivative Liability, Fair Value, Gross Liability | 0.0 | 0.0 | |||||
| Total Liabilities, Fair Value Disclosure, Recurring | 0.0 | 0.0 | |||||
| Fair Value, Inputs, Level 3 [Member] | Investment Securities, Including Mutual Funds [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Assets, Fair Value Disclosure | 0.0 | 0.0 | |||||
| Supplemental Executive Retirement Plan [Member] | Other Assets [Member] | |||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||||
| Other assets | $ 6.8 | $ 4.9 | |||||
| |||||||
| X | ||||||||||
- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. No definition available.
|
| X | ||||||||||
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity. No definition available.
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| X | ||||||||||
- Definition Amount of noncurrent assets classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Fair Value Disclosures Fair Value Disclosures (Non-recurring Fair Value Measurements) (Details) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill | $ 13,494.4 | $ 249.0 |
| X | ||||||||||
- Definition Amount of intangible assets, excluding goodwill, acquired at the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
Fair Value Disclosures (Fair Value Of Certain Short And Long-term Debt, Based On Market Prices) (Details) - USD ($) $ in Millions |
Dec. 31, 2016 |
Dec. 31, 2015 |
|---|---|---|
| Fair Value Disclosures [Abstract] | ||
| Medium Term Notes at Fair Value | $ 11,979.2 | $ 2,660.7 |
| Medium-term notes at Book Value | $ 11,234.1 | $ 2,692.6 |
| X | ||||||||||
- Definition Fair value of medium-term notes based on quoted prices. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Including the current and noncurrent portions, carrying value at the balance sheet date of a financial instrument used to receive debt funding on a regular basis with original maturities ranging from 5-10 years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
Segment Information (Company's Segments Results) (Details) - USD ($) $ in Millions |
12 Months Ended | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|||||||||||||||||
| Net sales | $ 13,264.0 | $ 5,915.7 | $ 5,727.0 | ||||||||||||||||
| Operating Income (Loss) | 1,100.1 | 601.4 | 604.7 | ||||||||||||||||
| Restructuring Costs | 74.9 | 77.2 | 52.8 | ||||||||||||||||
| Depreciation, Depletion and Amortization | 437.2 | 171.6 | 156.1 | ||||||||||||||||
| Payments to Acquire Productive Assets | 441.4 | 211.4 | 161.9 | ||||||||||||||||
| Identifiable Assets | 33,837.5 | 7,259.5 | |||||||||||||||||
| Depreciation and Amortization, Discontinued Operations | 1.5 | 2.3 | |||||||||||||||||
| Payments to Acquire Productive Assets, Discontinued Operations | 1.2 | 1.7 | |||||||||||||||||
| Writing [Member] | |||||||||||||||||||
| Net sales | [1] | 1,941.9 | 1,763.5 | 1,708.9 | |||||||||||||||
| Operating Income (Loss) | [2] | 462.7 | 430.8 | 416.6 | |||||||||||||||
| Restructuring Costs | 9.9 | 9.3 | 9.8 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 33.9 | 23.9 | 25.9 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 61.8 | 39.5 | 34.3 | |||||||||||||||
| Identifiable Assets | 3,152.0 | 1,286.5 | |||||||||||||||||
| Home Solutions [Member] | |||||||||||||||||||
| Net sales | [1] | 1,568.4 | 1,704.2 | 1,575.4 | |||||||||||||||
| Operating Income (Loss) | [2] | 179.2 | 238.4 | 196.0 | |||||||||||||||
| Restructuring Costs | (1.9) | 5.8 | [4] | 1.6 | |||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 49.1 | 45.4 | 29.7 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 59.8 | 47.6 | 31.1 | |||||||||||||||
| Identifiable Assets | 1,757.8 | 776.7 | |||||||||||||||||
| Tools [Member] | |||||||||||||||||||
| Net sales | [1] | 760.7 | 790.0 | 852.2 | |||||||||||||||
| Operating Income (Loss) | [2] | 85.4 | 85.1 | 94.6 | |||||||||||||||
| Restructuring Costs | 0.6 | 2.9 | 4.5 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 16.7 | 16.6 | 15.3 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 19.1 | 19.2 | 18.4 | |||||||||||||||
| Identifiable Assets | 1,756.7 | 578.8 | |||||||||||||||||
| Commercial Products [Member] | |||||||||||||||||||
| Net sales | [1] | 776.6 | 809.7 | 837.1 | |||||||||||||||
| Operating Income (Loss) | [2] | 113.1 | 100.8 | 101.3 | |||||||||||||||
| Restructuring Costs | 3.0 | 2.2 | 3.2 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 17.5 | 16.9 | 21.4 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 22.9 | 31.1 | 27.6 | |||||||||||||||
| Identifiable Assets | 989.2 | 351.7 | |||||||||||||||||
| Baby & Parenting [Member] | |||||||||||||||||||
| Net sales | [1] | 919.5 | 848.3 | 753.4 | |||||||||||||||
| Operating Income (Loss) | [2] | 114.4 | 55.2 | 40.6 | |||||||||||||||
| Restructuring Costs | 3.2 | 3.6 | [4] | 2.1 | |||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 16.2 | 15.0 | 11.1 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 12.5 | 14.1 | 8.7 | |||||||||||||||
| Identifiable Assets | 1,048.0 | 485.1 | |||||||||||||||||
| Branded Consumables [Member] | |||||||||||||||||||
| Net sales | [1] | 2,839.2 | 0.0 | 0.0 | |||||||||||||||
| Operating Income (Loss) | [2] | 330.5 | 0.0 | 0.0 | |||||||||||||||
| Restructuring Costs | 10.5 | 0.0 | 0.0 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 118.4 | 0.0 | 0.0 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 106.7 | 0.0 | 0.0 | |||||||||||||||
| Identifiable Assets | 11,103.1 | 0.0 | |||||||||||||||||
| Consumer Solutions [Member] | |||||||||||||||||||
| Net sales | [1] | 1,766.3 | 0.0 | 0.0 | |||||||||||||||
| Operating Income (Loss) | [2] | 147.1 | 0.0 | 0.0 | |||||||||||||||
| Restructuring Costs | 11.6 | 0.0 | 0.0 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 30.6 | 0.0 | 0.0 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 13.8 | 0.0 | 0.0 | |||||||||||||||
| Identifiable Assets | 5,298.8 | 0.0 | |||||||||||||||||
| Outdoor Solutions [Member] | |||||||||||||||||||
| Net sales | [1] | 2,415.9 | 0.0 | 0.0 | |||||||||||||||
| Operating Income (Loss) | [2] | 90.1 | 0.0 | 0.0 | |||||||||||||||
| Restructuring Costs | 10.8 | 0.0 | 0.0 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 86.7 | 0.0 | 0.0 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 56.3 | 0.0 | 0.0 | |||||||||||||||
| Identifiable Assets | 6,975.3 | 0.0 | |||||||||||||||||
| Process Solutions [Member] | |||||||||||||||||||
| Net sales | [1] | 275.5 | 0.0 | 0.0 | |||||||||||||||
| Operating Income (Loss) | [2] | 14.8 | 0.0 | 0.0 | |||||||||||||||
| Restructuring Costs | 0.1 | 0.0 | 0.0 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | 24.5 | 0.0 | 0.0 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 15.9 | 0.0 | 0.0 | |||||||||||||||
| Identifiable Assets | 1,020.6 | 0.0 | |||||||||||||||||
| Corporate [Member] | |||||||||||||||||||
| Operating Income (Loss) | [2] | (362.3) | (231.7) | (191.6) | |||||||||||||||
| Restructuring Costs | 27.1 | 53.4 | 31.6 | ||||||||||||||||
| Depreciation, Depletion and Amortization | [2],[5] | 43.6 | 52.3 | 50.4 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | 72.6 | 58.7 | 40.1 | |||||||||||||||
| Identifiable Assets | [6] | 736.0 | 3,780.7 | ||||||||||||||||
| Total North America [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 10,238.5 | 4,541.6 | 4,229.4 | |||||||||||||||
| Operating Income (Loss) | [2] | 857.4 | 493.5 | 467.9 | |||||||||||||||
| United States [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 9,518.4 | 4,291.8 | 3,945.1 | |||||||||||||||
| Operating Income (Loss) | [2] | 746.3 | 440.1 | 405.2 | |||||||||||||||
| Canada [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 720.1 | 249.8 | 284.3 | |||||||||||||||
| Operating Income (Loss) | [2] | 111.1 | 53.4 | 62.7 | |||||||||||||||
| Total International [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 3,025.5 | 1,374.1 | 1,497.6 | |||||||||||||||
| Operating Income (Loss) | [2] | 242.7 | 107.9 | 136.8 | |||||||||||||||
| Europe, Middle East and Africa [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 1,659.0 | 591.1 | 683.5 | |||||||||||||||
| Operating Income (Loss) | [2] | 188.9 | 57.1 | 82.0 | |||||||||||||||
| Latin America [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 643.6 | 408.5 | 409.9 | |||||||||||||||
| Operating Income (Loss) | [2] | 6.3 | 43.4 | 39.1 | |||||||||||||||
| Asia Pacific [Member] | |||||||||||||||||||
| Net sales | [1],[7] | 722.9 | 374.5 | 404.2 | |||||||||||||||
| Operating Income (Loss) | [2] | $ 47.5 | $ 7.4 | $ 15.7 | |||||||||||||||
| Wal-Mart Stores Inc. and Subsidiaries [Member] | |||||||||||||||||||
| Percentage of sales by major customer | 13.50% | 10.90% | 10.60% | ||||||||||||||||
| Segment, Continued Operations [Member] | |||||||||||||||||||
| Depreciation, Depletion and Amortization | [2] | $ 437.2 | $ 170.1 | $ 153.8 | |||||||||||||||
| Payments to Acquire Productive Assets | [3] | $ 441.4 | $ 210.2 | $ 160.2 | |||||||||||||||
| |||||||||||||||||||
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- Definition Payments to Acquire Productive Assets, Discontinued Operations No definition available.
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| X | ||||||||||
- Definition Percentage of sales by major customer No definition available.
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| X | ||||||||||
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of deprecation and amortization expense attributable to property, plant and equipment and intangible assets of discontinued operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
- Definition The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Segment Information Segment Information (Entity-wide Disclosures) (Details) - USD ($) $ in Millions |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | $ 13,264.0 | $ 5,915.7 | $ 5,727.0 | |||
| Writing [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 1,941.9 | 1,763.5 | 1,708.9 | ||
| Writing [Member] | Writing Instruments [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 1,469.8 | 1,501.3 | 1,451.3 | ||
| Writing [Member] | Adhesives and cutting products [Domain] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 243.5 | 36.3 | 0.0 | ||
| Writing [Member] | Technology Solutions [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 228.6 | 225.9 | 257.6 | ||
| Home Solutions [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 1,568.4 | 1,704.2 | 1,575.4 | ||
| Home Solutions [Member] | Home and food storage products [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 1,058.7 | 1,033.0 | 867.5 | ||
| Home Solutions [Member] | Decor [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 141.8 | 300.8 | 315.3 | ||
| Home Solutions [Member] | Home Solutions, Other [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 367.9 | 370.4 | 392.6 | ||
| Tools [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 760.7 | 790.0 | 852.2 | ||
| Commercial Products [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 776.6 | 809.7 | 837.1 | ||
| Baby & Parenting [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 919.5 | 848.3 | 753.4 | ||
| Branded Consumables [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 2,839.2 | 0.0 | 0.0 | ||
| Consumer Solutions [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 1,766.3 | 0.0 | 0.0 | ||
| Outdoor Solutions [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | 2,415.9 | 0.0 | 0.0 | ||
| Process Solutions [Member] | ||||||
| Revenue from External Customer [Line Items] | ||||||
| Net sales | [1] | $ 275.5 | $ 0.0 | $ 0.0 | ||
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Litigation And Contingencies (Narrative) (Details) shares in Millions |
3 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|
|
Sep. 30, 2016
shares
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Mar. 31, 2014 |
Dec. 31, 2016
USD ($)
shares
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Dec. 31, 2015
USD ($)
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Sep. 30, 2015
USD ($)
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| Product liability reserves | $ 81,700,000 | $ 41,200,000 | |||
| Environmental remediation reserve | 41,900,000 | ||||
| Standby letters of credit outstanding | $ 80,000,000 | ||||
| Graco Recall [Member] | |||||
| Approximate Number of Defective Merchandise Recalled | 4,000,000 | ||||
| Lower Passaic River Matter [Member] | |||||
| Number of General Notice Letter Recipients Involved In Remedial Investigation and Feasibility Study | 72 | ||||
| Lower Passaic River Matter [Member] | Minimum [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | $ 315,000,000 | ||||
| Lower Passaic River Matter [Member] | Maximum [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 3,200,000,000 | ||||
| Lower Passaic River Maintenance costs [Member] | Minimum [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 500,000 | ||||
| Lower Passaic River Maintenance costs [Member] | Maximum [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 1,800,000 | ||||
| Lower Passaic River Matter - Preferred Alternative [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 1,700,000,000 | ||||
| Lower Passaic River Matter - Preferred Alternative Maintenance costs [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 1,600,000 | ||||
| Lower Passaic River Matter-alternative range from participating parties [Member] | Minimum [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 28,000,000 | ||||
| Lower Passaic River Matter-alternative range from participating parties [Member] | Maximum [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 2,700,000,000 | ||||
| Lower Passaic River Matter - Selected Remedy for the Preferred Alternative [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | 1,400,000,000 | ||||
| NHTSA - Safety Awareness [Member] | |||||
| Loss Contingency Accrual | $ 7,000,000 | ||||
| Amounts paid relating to $7M NHTSA consent order | 2,100,000 | ||||
| NHTSA - Other payments [Member] | |||||
| Payment made to NHTSA | 3,000,000 | ||||
| NHTSA Safety Awareness - Total Cost [Member] | |||||
| Loss Contingency Accrual | $ 10,000,000 | ||||
| Clean Air Act Labeling Matter [Member] | |||||
| Loss Contingency, Estimate of Possible Loss | $ 110,000 | ||||
| Total Newell Shares Jarden Dissenting Stockholders [Member] | |||||
| Shares issuable to Dissenting Shareholders | shares | 9.1 | ||||
| Acquiree Shares Held by Dissenting Shareholders | shares | 10.6 | ||||
| Total Shares Jarden Dissenting Stockholders [Member] | |||||
| Acquiree Shares Held by Dissenting Shareholders | shares | 222.2 | 10.6 | |||
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Schedule II Schedule II (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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| Reserve for Doubtful Accounts and Cash Discounts [Member] | ||||||||||
| Movement in Valuation Allowances and Reserves [Roll Forward] | ||||||||||
| Valuation Allowances and Reserves, Beginning Balance | $ 22.0 | $ 25.3 | $ 38.0 | |||||||
| Valuation Allowances and Reserves, Charged to Cost and Expense | [1] | 125.9 | 41.4 | 49.2 | ||||||
| Valuation Allowances and Reserves, Adjustments | (1.7) | 0.2 | (1.6) | |||||||
| Valuation Allowances and Reserves, Deductions | [2] | (107.7) | (44.9) | (60.3) | ||||||
| Valuation Allowances and Reserves, Ending Balance | 38.5 | 22.0 | 25.3 | |||||||
| Valuation Allowances and Reserves, Charged to Cost and Expense, Discontinued Operations | 0.6 | |||||||||
| Inventory Valuation Reserve [Member] | ||||||||||
| Movement in Valuation Allowances and Reserves [Roll Forward] | ||||||||||
| Valuation Allowances and Reserves, Beginning Balance | 32.9 | 32.6 | 37.8 | |||||||
| Valuation Allowances and Reserves, Charged to Cost and Expense | [3] | 33.0 | 23.3 | 24.1 | ||||||
| Valuation Allowances and Reserves, Adjustments | (0.2) | 0.5 | (1.6) | |||||||
| Valuation Allowances and Reserves, Deductions | (19.8) | (23.5) | (27.7) | |||||||
| Valuation Allowances and Reserves, Ending Balance | $ 45.9 | $ 32.9 | 32.6 | |||||||
| Valuation Allowances and Reserves, Charged to Cost and Expense, Discontinued Operations | $ (0.1) | |||||||||
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