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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2015	Oct. 19, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	LENNOX INTERNATIONAL INC
Entity Central Index Key	0001069202
Document Type	10-Q
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		45,055,155

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 35.1	$ 37.5
Accounts and notes receivable, net of allowances of $7.3 and $7.9 in 2015 and 2014, respectively	537.7	421.4
Inventories, net	488.3	463.3
Deferred income taxes, net	31.9	32.5
Other assets	58.9	59.3
Total current assets	1,151.9	1,014.0
Property, plant and equipment, net of accumulated depreciation of $677.9 and $654.1 in 2015 and 2014, respectively	345.3	358.6
Goodwill	199.8	209.4
Deferred income taxes	97.9	97.5
Other assets, net	86.6	84.8
Total assets	1,881.5	1,764.3
Current Liabilities:
Short-term debt	226.3	226.6
Current maturities of long-term debt	23.7	24.0
Accounts payable	337.7	324.3
Accrued expenses	251.9	239.0
Income taxes payable	13.8	13.4
Total current liabilities	853.4	827.3
Long-term debt	668.0	675.0
Post-retirement benefits, other than pensions	2.9	4.5
Pensions	134.2	129.9
Other liabilities	125.5	118.6
Total liabilities	1,784.0	1,755.3
Commitments and contingencies
Stockholders' equity:
Preferred stock, $.01 par value, 25,000,000 shares authorized, no shares issued or outstanding	0.0	0.0
Common stock, $.01 par value, 200,000,000 shares authorized, 87,170,197 shares issued	0.9	0.9
Additional paid-in capital	857.3	824.9
Retained earnings	1,151.5	1,022.1
Accumulated other comprehensive loss	(209.8)	(153.5)
Treasury stock, at cost, 42,120,067 shares and 42,535,126 shares in 2015 and 2014, respectively	(1,702.9)	(1,686.0)
Noncontrolling interests	0.5	0.6
Total stockholders’ equity	97.5	9.0
Total liabilities and stockholders' equity	$ 1,881.5	$ 1,764.3

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowances, accounts and notes receivable	$ 7.3	$ 7.9
Accumulated depreciation	$ 677.9	$ 654.1
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	87,170,197	87,170,197
Treasury stock, shares	42,120,067	42,535,126

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
Net sales	$ 955.0	$ 898.4	$ 2,633.3	$ 2,554.6
Cost of goods sold	681.6	651.3	1,913.5	1,876.7
Gross profit	273.4	247.1	719.8	677.9
Operating Expenses:
Selling, general and administrative expenses	143.8	140.9	430.0	425.5
Losses (gains) and other expenses, net	6.0	2.1	14.9	3.5
Restructuring charges	(0.4)	1.0	1.8	1.3
Income from equity method investments	(3.0)	(3.5)	(11.8)	(12.0)
Operational income from continuing operations	127.0	106.6	284.9	259.6
Interest expense, net	5.7	4.0	17.9	11.0
Other expense (income), net	(0.7)	0.0	(0.7)	0.0
Income from continuing operations before income taxes	122.0	102.6	267.7	248.6
Provision for income taxes	41.7	35.1	91.9	86.6
Income from continuing operations	80.3	67.5	175.8	162.0
Discontinued Operations:
Loss from discontinued operations before income taxes	0.0	(0.2)	(0.9)	(1.3)
Benefit from income taxes	0.0	(0.1)	(0.4)	(0.5)
Loss from discontinued operations	0.0	(0.1)	(0.5)	(0.8)
Net income	$ 80.3	$ 67.4	$ 175.3	$ 161.2
Earnings per share – Basic:
Income from continuing operations (in dollars per share)	$ 1.78	$ 1.40	$ 3.92	$ 3.33
Loss from discontinued operations (in dollars per share)	0.00	0.00	(0.01)	(0.02)
Net income (in dollars per share)	1.78	1.40	3.91	3.31
Earnings per share – Diluted:
Income from continuing operations (in dollars per share)	1.76	1.38	3.86	3.27
Loss from discontinued operations (in dollars per share)	0.00	0.00	(0.01)	(0.01)
Net income (in dollars per share)	$ 1.76	$ 1.38	$ 3.85	$ 3.26
Average shares outstanding:
Weighted Average Number of Shares Outstanding - Basic	45.0	48.3	44.9	48.7
Weighted Average Number of Shares Outstanding - Diluted	45.6	49.0	45.6	49.5
Cash dividends declared per share	$ 0.36	$ 0.30	$ 1.02	$ 0.84

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 80.3	$ 67.4	$ 175.3	$ 161.2
Other comprehensive income (loss):
Foreign currency translation adjustments	(28.6)	(26.5)	(56.1)	(17.6)
Reclassification of foreign currency translation adjustments into earnings	0.0	0.0	0.0	0.0
Net change in pension and post-retirement liabilities	(1.0)	(0.5)	(4.4)	(2.8)
Reclassification of pension and post-retirement benefit losses into earnings	2.0	1.3	6.2	4.0
Change in fair value of available-for-sale marketable equity securities	1.4	1.0	1.8	2.1
Net change in fair value of cash flow hedges	(10.2)	(2.8)	(14.6)	(6.8)
Reclassification of cash flow hedge losses into earnings	3.2	1.0	9.4	4.9
Other comprehensive income (loss) before income taxes	(33.2)	(26.5)	(57.7)	(16.2)
Income tax (expense) benefit	2.3	0.5	1.4	0.4
Other comprehensive income (loss), net of tax	(30.9)	(26.0)	(56.3)	(15.8)
Comprehensive income	$ 49.4	$ 41.4	$ 119.0	$ 145.4

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income	$ 175.3	$ 161.2
Net loss from discontinued operations	0.5	0.8
Adjustments to reconcile net income to net cash used in operating activities:
Income from equity method investments	(11.8)	(12.0)
Dividends from affiliates	7.4	6.1
Restructuring expenses, net of cash paid	(0.2)	(0.1)
Provision for bad debts	2.1	2.8
Unrealized losses on derivative contracts	1.3	0.1
Stock-based compensation expense	18.5	17.3
Depreciation and amortization	46.6	45.2
Deferred income taxes	(0.2)	1.4
Other items, net	0.3	0.3
Changes in assets and liabilities, net of effects of divestitures:
Accounts and notes receivable	(135.9)	(104.0)
Inventories	(41.0)	(127.6)
Other current assets	(2.8)	(6.2)
Accounts payable	23.4	51.0
Accrued expenses	15.1	18.2
Income taxes payable and receivable	(0.9)	(21.1)
Other	9.7	(9.1)
Net cash used in discontinued operations	(0.5)	(0.8)
Net cash used in operating activities	106.9	23.5
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.0	0.2
Purchases of property, plant and equipment	(47.0)	(59.9)
Net cash used in investing activities	(47.0)	(59.7)
Cash flows from financing activities:
Short-term borrowings, net	0.8	3.4
Asset securitization borrowings	40.0	60.0
Asset securitization payments	(40.0)	0.0
Long-term debt payments	(23.5)	(1.7)
Borrowings from credit facility	1,401.0	1,483.0
Payments on credit facility	(1,385.0)	(1,351.0)
Proceeds from employee stock purchases	1.8	1.5
Repurchases of common stock	0.0	(100.3)
Repurchases of common stock to satisfy employee withholding tax obligations	(23.5)	(12.3)
Excess tax benefits related to share-based payments	18.6	5.3
Cash dividends paid	(43.1)	(38.2)
Net cash (used in) provided by financing activities	(52.9)	49.7
Increase (decrease) in cash and cash equivalents	7.0	13.5
Effect of exchange rates on cash and cash equivalents	(9.4)	(3.4)
Cash and cash equivalents, beginning of period	37.5	38.0
Cash and cash equivalents, end of period	35.1	48.1
Supplemental disclosures of cash flow information:
Interest paid	15.9	9.5
Income taxes paid (net of refunds)	$ 73.4	$ 100.4

General	9 Months Ended
General	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General: References in this Quarterly Report on Form 10-Q to "we," "our," "us," "LII," or the "Company" refer to Lennox International Inc. and its subsidiaries, unless the context requires otherwise. Basis of Presentation The accompanying unaudited Consolidated Balance Sheet as of September 30, 2015, the accompanying unaudited Consolidated Statements of Operations for the three and nine months ended September 30, 2015 and 2014, the accompanying unaudited Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2015 and 2014, and the accompanying unaudited Consolidated Statements of Cash Flows for the nine months ended September 30, 2015 and 2014 should be read in conjunction with our audited consolidated financial statements and footnotes included in our Annual Report on Form 10-K for the year ended December 31, 2014. The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. The accompanying consolidated financial statements contain all material adjustments, consisting principally of normal recurring adjustments, necessary for a fair presentation of our financial position, results of operations and cash flows. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to applicable rules and regulations, although we believe that the disclosures herein are adequate to make the information presented not misleading. The operating results for the interim periods are not necessarily indicative of the results that may be expected for a full year. Our fiscal year ends on December 31 and each quarter is comprised of 13 weeks. For convenience, throughout these financial statements, the 13 weeks comprising each quarterly period are denoted by the last day of the respective calendar quarter. Use of Estimates The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, and stock-based compensation, among others. These estimates and assumptions are based on our best estimates and judgment. We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates will be reflected in the financial statements in future periods. Reclassifications Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.

Inventories

9 Months Ended

Sep. 30, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories:

The components of inventories are as follows (in millions):



	As of September 30, 2015			As of December 31, 2014
Finished goods	$	353.5		$	338.2
Work in process	8.9			8.1
Raw materials and parts	188.8			182.6
Subtotal	551.2			528.9
Excess of current cost over last-in, first-out cost	(62.9		)	(65.6		)
Total inventories, net	$	488.3		$	463.3

Goodwill

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Goodwill:

The changes in the carrying amount of goodwill for the first nine months of 2015, in total and by segment, are summarized in the table below (in millions):



	Balance at December 31, 2014		Acquisitions / (Dispositions)		Other ⁽¹⁾			September 30, 2015
Residential Heating & Cooling	$	26.1	$	—	$	—		$	26.1
Commercial Heating & Cooling	62.3		—		(1.2		)	61.1
Refrigeration	121.0		—		(8.4		)	112.6
Total Goodwill	$	209.4	$	—	$	(9.6	)	$	199.8

⁽¹⁾ Other consists of changes in foreign currency translation rates.

We performed our annual goodwill impairment test in the fourth quarter of 2014 and did not record any goodwill impairments. We continue to monitor our reporting units for indicators of impairment throughout the year to determine if a change in facts or circumstances warrants a re-evaluation of our goodwill.

- 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.

+ References + Details

Derivatives

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

Derivatives:

Objectives and Strategies for Using Derivative Instruments

Commodity Price Risk - We utilize a cash flow hedging program to mitigate our exposure to volatility in the prices of metal commodities used in our production processes. Our hedging program includes the use of futures contracts to lock in prices, and as a result, we are subject to derivative losses should the metal commodity prices decrease and gains should the prices increase. We utilize a dollar cost averaging strategy so that a higher percentage of commodity price exposures are hedged near-term and lower percentages hedged at future dates. This strategy allows for protection against near-term price volatility while allowing us to adjust to market price movements over time.

Interest Rate Risk - A portion of our debt bears interest at variable rates, and as a result, we are subject to variability in the cash paid for interest. To mitigate a portion of that risk, we may choose to engage in an interest rate swap hedging strategy to eliminate the variability of interest payment cash flows. We are not currently hedged against interest rate risk.

Foreign Currency Risk - Foreign currency exchange rate movements create a degree of risk by affecting the U.S. dollar value of assets and liabilities arising in foreign currencies. We seek to mitigate the impact of currency exchange rate movements on certain short-term transactions by periodically entering into foreign currency forward contracts. Our forward contracts are primarily not designated as hedges, but on occasion we have entered into forward contracts that are designated as cash flow hedges. By entering into forward contracts, we lock in exchange rates that would otherwise cause losses should the U.S. dollar appreciate and gains should the U.S. dollar depreciate.

Cash Flow Hedges

We have commodity futures contracts and foreign exchange forward contracts designated as cash flow hedges that are scheduled to mature through February 2017. Unrealized gains or losses from our cash flow hedges are included in accumulated other comprehensive loss (“AOCL”) and are expected to be reclassified into earnings within the next 18 months based on the prices of the commodities and foreign currencies at the settlement dates. We recorded the following amounts in AOCL related to our cash flow hedges (in millions):



	As of September 30, 2015			As of December 31, 2014
Unrealized losses on unsettled futures contracts	$	12.3		$	7.2
Income tax benefit	(4.5		)	(2.6		)
Losses included in AOCL, net of tax ⁽¹⁾	$	7.8		$	4.6

⁽¹⁾ Assuming commodity and foreign currency prices remain constant, we expect to reclassify $6.8 million of derivative losses into earnings within the next 12 months.

We had the following outstanding commodity futures contracts designated as cash flow hedges (in millions of pounds):



	As of September 30, 2015	As of December 31, 2014
Copper	29.0	29.4

We had the following outstanding foreign exchange forward contracts designated as cash flow hedges (in millions):



	As of September 30, 2015	As of December 31, 2014
Notional Amounts (in local currency):
Mexican Peso	250.9	—

Derivatives not Designated as Cash Flow Hedges

For commodity derivatives not designated as cash flow hedges, we follow the same hedging strategy as derivatives designated as cash flow hedges, except that we elect not to designate them as cash flow hedges at the inception of the arrangement. We had the following outstanding commodity futures contracts not designated as cash flow hedges (in millions of pounds):



	As of September 30, 2015	As of December 31, 2014
Copper	3.3	2.9
Aluminum	2.5	2.2

We also had the following outstanding foreign currency forward contracts not designated as cash flow hedges (in millions):



	As of September 30, 2015	As of December 31, 2014
Notional Amounts (in local currency):
Brazilian Real	—	8.7
Mexican Peso	—	229.7
United States Dollar	7.1	4.5
Euro	6.0	3.6
Polish Zloty	29.9	30.6
Russian Ruble	94.4	80.8

Information about the Locations and Amounts of Derivative Instruments

The following tables provide the locations and amounts of derivative fair values in the Consolidated Balance Sheets and derivative gains and losses in the Consolidated Statements of Operations (in millions):



	Fair Values of Derivative Instruments ⁽¹⁾
	Derivatives Designated as Hedging Instruments				Derivatives Not Designated as Hedging Instruments
	As of September 30, 2015		As of December 31, 2014		As of September 30, 2015		As of December 31, 2014
Current Assets:
Other Assets
Commodity futures contracts	$	—	$	—	$	—	$	—
Foreign currency forward contracts	—		—		0.1		0.3
Non-Current Assets:
Other Assets, net
Commodity futures contracts	—		—		—		—
Total Assets	$	—	$	—	$	0.1	$	0.3
Current Liabilities:
Accrued Expenses
Commodity futures contracts	$	10.4	$	6.7	$	1.4	$	0.7
Foreign currency forward contracts	0.4		—		0.1		—
Non-Current Liabilities:
Other Liabilities
Commodity futures contracts	1.5		0.5		0.3		0.1
Foreign currency forward contracts	0.1		—		—		—
Total Liabilities	$	12.4	$	7.2	$	1.8	$	0.8

⁽¹⁾ All derivative instruments are classified as Level 2 within the fair value hierarchy. See Note 16 for more information.



Derivatives Designated as Cash Flow Hedges	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015		2014
Amount of Loss reclassified from AOCL into Income (Effective Portion) ⁽¹⁾	$	3.2	$	1.0	$	9.4	$	4.9
Amount of Loss (Gain) recognized in Net income (Ineffective Portion) ⁽²⁾	$	—	$	—	$	—	$	0.1



Derivatives Not Designated as Hedging Instruments	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2015		2014			2015		2014
Amount of Loss (Gain) Recognized in Net Income:
Commodity futures contracts ⁽²⁾	$	1.4	$	0.3		$	2.2	$	0.6
Foreign currency forward contracts ⁽²⁾	—		(0.2		)	0.2		(0.1		)
	$	1.4	$	0.1		$	2.4	$	0.5

⁽¹⁾ The loss was recorded in Cost of goods sold in the accompanying Consolidated Statements of Operations.

⁽²⁾ The loss (gain) was recorded in Losses (gains) and other expenses, net in the accompanying Consolidated Statements of Operations.

- 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.

+ References

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Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
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Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes: As of September 30, 2015, we had approximately $1.6 million in total gross unrecognized tax benefits. Of this amount, $1.2 million (net of federal benefit on state issues), if recognized, would be recorded through the Consolidated Statement of Operations. As of September 30, 2015, we had approximately $0.3 million (net of federal tax benefits) in interest and penalties recognized in income tax expense in accordance with FASB Accounting Standards Codification ("ASC") Topic 740. We are currently under examination for our U.S. federal income taxes under the Internal Revenue Service's Compliance Assurance Program for 2015 and 2014 and are subject to examination by numerous other taxing authorities in the U.S. and in jurisdictions such as Australia, Belgium, France, Canada, and Germany. We are generally no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by taxing authorities for years prior to 2009. Since January 1, 2015, numerous states, including Alabama, Connecticut, New Hampshire, North Dakota, Tennessee and Texas, have enacted legislation effective for tax years beginning on or after January 1, 2015, including changes to rates, apportionment methodologies and unitary reporting requirements. The impact of these changes is immaterial.

Commitments and Contingencies

9 Months Ended

Sep. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies:

Product Warranties and Product Related Contingencies

We offer warranties to customers for some of our products and record liabilities for estimated future warranty-related costs based on failure rates, cost experience and other factors. We periodically review the assumptions used to determine the product warranty liabilities and will adjust the liabilities in future periods for changes in assumptions, as necessary.

Liabilities for estimated product warranty costs related to continuing operations are included in the following captions on the accompanying Consolidated Balance Sheets (in millions):



	As of September 30, 2015		As of December 31, 2014
Accrued expenses	$	25.6	$	27.3
Other liabilities	66.1		59.9
Total warranty liability	$	91.7	$	87.2

The changes in product warranty liabilities related to continuing operations for the nine months ended September 30, 2015 were as follows (in millions):



Total warranty liability as of December 31, 2014	$	87.2
Warranty claims paid	(19.7		)
Changes resulting from issuance of new warranties	27.4
Changes in estimates associated with pre-existing liabilities	(1.6		)
Changes in foreign currency translation rates and other	(1.6		)
Total warranty liability as of September 30, 2015	$	91.7

We have incurred, and will likely continue to incur, product costs not covered by insurance or our suppliers’ warranties, which is not included in the estimated warranty liabilities tables immediately above. Also, to satisfy our customers and protect our brands, we have repaired or replaced installed products experiencing quality-related issues, and will likely continue such repairs and replacements. We currently estimate our probable outstanding liability for a certain supplier quality issue within a range of $0.7 million and $4 million, with all amounts in that range equally likely. In the prior quarter, we accrued a $1.7 million liability related to this supplier quality issue as well as a receivable from the supplier of $2.3 million. In the third quarter of 2015, we recorded a $1.2 million expense to reduce this receivable from the supplier based on the nature and timing of warranty claims. The supplier has previously reimbursed the Company for costs associated with this supplier quality issue and we expect that the supplier will continue to do so.

Litigation

We are involved in a number of claims and lawsuits incident to the operation of our businesses. Insurance coverages are maintained and estimated costs are recorded for such claims and lawsuits, including costs to settle claims and lawsuits, based on experience involving similar matters and specific facts known. Costs related to such matters were not material to the periods presented.

Some of these claims and lawsuits allege personal injury or health problems resulting from exposure to asbestos that was integrated into certain of our products. We have never manufactured asbestos and have not incorporated asbestos-containing components into our products for several decades. A substantial majority of asbestos-related claims have been covered by insurance or other forms of indemnity or have been dismissed without payment. The remainder of our closed cases have been resolved for amounts that are not material, individually or in the aggregate. Our defense costs for asbestos-related claims are generally covered by insurance; however, our insurance coverage for settlements and judgments for asbestos-related claims varies depending on several factors and is subject to policy limits. As a result, we may have greater financial exposure for future settlements and judgments. For the nine months ended September 30, 2015, and 2014, expense for asbestos-related litigation was $1.0 million, and $1.0 million, net of insurance recoveries, respectively.

We are the defendant in an attempted class action lawsuit alleging evaporator coils in our residential air conditioning products are susceptible to a type of corrosion that can result in coil leaks. We dispute the allegations in the lawsuit. We have reached tentative settlement terms, preliminarily approved by the court, and recorded a liability of $2.4 million in Accrued expenses on the Consolidated Balance Sheet. Any additional liability resulting from the proposed settlement is not currently reasonably estimable, but we do not expect the proposed settlement to have a material adverse effect on our financial condition or results of operations.

A lawsuit related to a vendor-supplied product quality issue settled for a lower amount than expected; accordingly, the Company reversed the $1.2 million excess portion of the loss contingency reserve in the second quarter of 2015. The Company also discovered it underpaid contractor taxes at one of its non-U.S. subsidiaries; accordingly, the Company has recorded a loss contingency charge in the amount of $2.4 million for the nine months ended September 30, 2015. These items were recorded in "Losses (gains) and other expenses, net" on the Consolidated Statements of Operations.

It is management's opinion that none of these claims or lawsuits or any threatened litigation will have a material adverse effect on our financial condition, results of operations or cash flows. Claims and lawsuits, however, involve uncertainties and it is possible that their eventual outcome could adversely affect our results of operations for a particular period.

Lines of Credit and Financing Arrangements

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Lines of Credit and Financing Arrangements

Lines of Credit and Financing Arrangements:

The following table summarizes our outstanding debt obligations and their classification in the accompanying Consolidated Balance Sheets (in millions):



	As of September 30, 2015		As of December 31, 2014
Short-Term Debt:
Asset Securitization Program	$	220.0	$	220.0
Foreign obligations	6.3		6.6
Total short-term debt	$	226.3	$	226.6
Current maturities of long-term debt:
Capital lease obligations	$	1.2	$	1.5
Domestic credit facility	22.5		22.5
Total current maturities of long-term debt	$	23.7	$	24.0
Long-Term Debt:
Capital lease obligations	$	15.0	$	15.5
Domestic credit facility	453.0		459.5
Senior unsecured notes	200.0		200.0
Total long-term debt	$	668.0	$	675.0
Total debt	$	918.0	$	925.6

Short-Term Debt

Foreign Obligations

Through several of our foreign subsidiaries, we have facilities available to assist in financing seasonal borrowing needs for our foreign locations. We had $6.3 million and $6.6 million of foreign obligations as of September 30, 2015 and December 31, 2014, respectively, that were primarily borrowings under non-committed facilities. Proceeds on these facilities were $63.6 million and $73.1 million during the nine months ended September 30, 2015 and 2014, respectively. Repayments on the facilities were $61.7 million and $65.6 million and during the nine months ended September 30, 2015 and 2014, respectively.

Asset Securitization Program

Under the Asset Securitization Program (“ASP”), we are eligible to sell beneficial interests in a portion of our trade accounts receivable to participating financial institutions for cash. The ASP is subject to annual renewal and contains a provision whereby we retain the right to repurchase all of the outstanding beneficial interests transferred. Our continued involvement with the transferred assets includes servicing, collection and administration of the transferred beneficial interests. The accounts receivable securitized under the ASP are high-quality domestic customer accounts that have not aged significantly. The receivables represented by the retained interest that we service are exposed to risk of loss for any uncollectible amounts in the pool of receivables sold under the ASP. The fair values assigned to the retained and transferred interests are based on the sold accounts receivable carrying value given the short term to maturity and low credit risk. The sale of the beneficial interests in our trade accounts receivable are reflected as short-term borrowings in the accompanying Consolidated Balance Sheets and proceeds received are included in cash flows from financing activities in the accompanying Consolidated Statements of Cash Flows.

The ASP provides for a maximum securitization amount ranging from $180.0 million to $220.0 million, depending on the period. The maximum capacity under the ASP is the lesser of the maximum securitization amount or 100% of the net pool balance less allowances, as defined by the ASP. Eligibility for securitization is limited based on the amount and quality of the qualifying accounts receivable and is calculated monthly. The eligible amounts available and beneficial interests sold were as follows (in millions):



	As of September 30, 2015		As of December 31, 2014
Eligible amount available under the ASP on qualified accounts receivable	$	220.0	$	220.0
Beneficial interest sold	220.0		220.0
Remaining amount available	$	—	$	—

We pay certain discount fees to use the ASP and to have the facility available to us. These fees relate to both the used and unused portions of the securitization. The used fee is based on the beneficial interest sold and calculated on the average LIBOR rate or floating commercial paper rate determined by the purchaser of the beneficial interest, plus a program fee of 0.60%. The average rate for September 30, 2015 and December 31, 2014 was 0.82% and 0.79% respectively. The unused fee is based on 101% of the maximum available amount less the beneficial interest sold and is calculated at a 0.30% fixed rate throughout the term of the agreement. In addition, a 0.05% unused fee is charged on incremental available amounts above $180 million during certain months of the year. We recorded these fees in Interest expense, net in the accompanying Consolidated Statements of Operations.

The ASP contains certain restrictive covenants relating to the quality of our accounts receivable and certain cross-default provisions with our Fifth Amended and Restated Credit Facility Agreement ("Domestic Credit Facility"), senior unsecured notes and any other indebtedness we may have over $75.0 million. The administrative agent under the ASP is also a participant in our Domestic Credit Facility. The participating financial institutions have investment grade credit ratings. We continue to evaluate their credit ratings and have no reason to believe they will not perform under the ASP. As of September 30, 2015, we were in compliance with all covenant requirements.

Long-Term Debt

Domestic Credit Facility

On November 13, 2014, we replaced our $650 million Domestic Revolving Credit Facility with a $950 million Domestic Credit Facility, which consisted of a $650 million revolving credit facility and a $300 million term loan and matures in November 2019 (the "Maturity Date"). Under our Domestic Credit Facility, we had outstanding borrowings of $475.5 million, of which $277.5 million was the term loan balance, as well as $4.4 million committed to standby letters of credit as of September 30, 2015. Subject to covenant limitations, $447.6 million was available for future borrowings. The unsecured term loan also matures on the Maturity Date and requires quarterly principal repayments of $7.5 million. We paid $22.5 million in principal payments in June 2015 for the term loan, which represents the required principal payments for the remainder of 2015. The revolving credit facility allows up to $150 million of letters of credit to be issued and also includes a subfacility for swingline loans of up to $65 million. Additionally, at our request and subject to certain conditions, the commitments under the Domestic Credit Facility may be increased by a maximum of $350 million as long as existing or new lenders agree to provide such additional commitments.

Our weighted average borrowing rate on the facility was as follows:



	As of September 30, 2015		As of December 31, 2014
Weighted average borrowing rate	1.69	%	1.88	%

Our Domestic Credit Facility is guaranteed by certain of our subsidiaries and contains financial covenants relating to leverage and interest coverage. Other covenants contained in the Domestic Credit Facility restrict, among other things, certain mergers, asset dispositions, guarantees, debt, liens, and affiliate transactions. The financial covenants require us to maintain a defined Consolidated Indebtedness to Adjusted EBITDA Ratio and a Cash Flow (defined as EBITDA minus capital expenditures) to Net Interest Expense Ratio. The required ratios under our Domestic Credit Facility are detailed below:



Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than	3.5 : 1.0
Cash Flow to Net Interest Expense Ratio no less than	3.0 : 1.0

Our Domestic Credit Facility contains customary events of default. These events of default include nonpayment of principal or interest, breach of covenants or other restrictions or requirements, default on certain other indebtedness or receivables securitizations (cross default), and bankruptcy. A cross default under our Domestic Credit Facility could occur if:


•	We fail to pay any principal or interest when due on any other indebtedness or receivables securitization of at least $75.0 million; or


•	We are in default in the performance of, or compliance with any term of any other indebtedness or receivables securitization in an aggregate principal amount of at least $75.0 million or any other condition exists which would give the holders the right to declare such indebtedness due and payable prior to its stated maturity.

Each of our major debt agreements contains provisions by which a default under one agreement causes a default in the others (a "cross default"). If a cross default under the Domestic Credit Facility, our senior unsecured notes, the Lake Park Renewal (recorded as an operating lease), or our ASP were to occur, it could have a wider impact on our liquidity than might otherwise occur from a default of a single debt instrument or lease commitment. If any event of default occurs and is continuing, lenders with a majority of the aggregate commitments may require the administrative agent to terminate our right to borrow under our Domestic Credit Facility and accelerate amounts due under our Domestic Credit Facility (except for a bankruptcy event of default, in which case such amounts will automatically become due and payable and the lenders’ commitments will automatically terminate). As of September 30, 2015, we were in compliance with all covenant requirements.

Senior Unsecured Notes

We issued $200.0 million of senior unsecured notes in May 2010 through a public offering. Interest is paid semiannually on May 15 and November 15 at a fixed interest rate of 4.90% per annum. These notes mature on May 15, 2017. The notes are guaranteed, on a senior unsecured basis, by each of our domestic subsidiaries that guarantee payment by us of any indebtedness under our Domestic Credit Facility. The indenture governing the notes contains covenants that, among other things, limit our ability and the ability of the subsidiary guarantors to: create or incur certain liens; enter into certain sale and leaseback transactions; enter into certain mergers, consolidations and transfers of substantially all of our assets; and transfer certain properties. The indenture also contains a cross default provision which is triggered if we default on other debt of at least $75.0 million in principal which is then accelerated, and such acceleration is not rescinded within 30 days of the notice date. As of September 30, 2015, we were in compliance with all covenant requirements.

Pension and Post-retirement Benefit Plans

9 Months Ended

Sep. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Pension and Post-retirement Benefit Plans

Pension and Post-retirement Benefit Plans:

The components of net periodic benefit cost were as follows (in millions):



	For the Three Months Ended September 30,
	2015			2014			2015			2014
	Pension Benefits						Other Benefits
Service cost	$	1.2		$	1.1		$	—		$	—
Interest cost	4.3			4.4			0.1			0.1
Expected return on plan assets	(5.3		)	(5.7		)	—			—
Amortization of prior service cost	—			0.1			(0.8		)	(0.8		)
Recognized actuarial loss	2.4			1.6			0.4			0.4
Settlements and curtailments	—			—			—			—
Net periodic benefit cost ⁽¹⁾	$	2.6		$	1.5		$	(0.3	)	$	(0.3	)



	For the Nine Months Ended September 30,
	2015			2014			2015			2014
	Pension Benefits						Other Benefits
Service cost	$	3.6		$	3.2		$	—		$	—
Interest cost	12.9			13.3			0.2			0.1
Expected return on plan assets	(16.0		)	(17.0		)	—			—
Amortization of prior service cost	—			0.2			(2.4		)	(2.2		)
Recognized actuarial loss	7.2			4.9			1.2			1.1
Settlements and curtailments	0.4			—			—			—
Net periodic benefit cost ⁽¹⁾	$	8.1		$	4.6		$	(1.0	)	$	(1.0	)

⁽¹⁾ All net periodic benefit cost for the three and nine months ended September 30, 2015 and 2014 related to continuing operations.

Stock-Based Compensation

9 Months Ended

Sep. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation:

We issue various long-term incentive awards, including performance share units, restricted stock units and stock appreciation rights under the Lennox International Inc. 2010 Incentive Plan, as amended and restated. Stock-based compensation expense related to continuing operations is included in Selling, general and administrative expenses in the accompanying Consolidated Statements of Operations as follows (in millions):



	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015		2014
Stock-based compensation expense ⁽¹⁾	$	7.7	$	6.6	$	18.5	$	17.3

⁽¹⁾ All expense was recorded in our Corporate and other business segment.

Stock Repurchases	9 Months Ended
Stock Repurchases	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Stock Repurchases	Stock Repurchases: Our Board of Directors has authorized a total of $1.4 billion towards the repurchase of shares of our common stock (collectively referred to as the "Share Repurchase Plans"). The Share Repurchase Plans authorize open market repurchase transactions and do not have an expiration date. There were no additional share repurchase authorizations in the first nine months of 2015. As of September 30, 2015, $396.0 million of shares may yet be repurchased under the Share Repurchase Plans. We also repurchased 0.2 million shares for $23.5 million for the nine months ended September 30, 2015 from employees who surrendered their shares to satisfy minimum tax withholding obligations upon the exercise of long-term incentive awards.

- 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.

+ References

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+ Details

Comprehensive Income (Notes)

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Comprehensive Income

Comprehensive Income:

The following table provides information on items not reclassified in their entirety from AOCL to Net income in the accompanying Consolidated Statements of Operations (in millions):



	For the Three Months Ended September 30,						For the Nine Months Ended September 30,						Affected Line Item(s) in the Consolidated Statements of Operations
	2015			2014			2015			2014
(Losses)/Gains on cash flow hedges:
Commodity futures contracts	$	(3.2	)	$	(1.0	)	$	(9.4	)	$	(4.9	)	Cost of goods sold
Income tax benefit	1.2			0.4			3.2			1.8			Provision for income taxes
Net of tax	$	(2.0	)	$	(0.6	)	$	(6.2	)	$	(3.1	)

Defined Benefit Plan items:
Pension and post-retirement benefit costs	$	(2.0	)	$	(1.3	)	$	(6.1	)	$	(4.0	)	Cost of goods sold; Selling, general and administrative expenses
Income tax benefit	0.7			0.5			2.2			1.5			Provision for income taxes
Net of tax	$	(1.3	)	$	(0.8	)	$	(3.9	)	$	(2.5	)

Total reclassifications from AOCL	$	(3.3	)	$	(1.4	)	$	(10.1	)	$	(5.6	)

The following table provides information on changes in AOCL, by component (net of tax), for the nine months ended September 30, 2015 (in millions):



	Gains (Losses) on Cash Flow Hedges			Unrealized Gains on Available-for-Sale Securities		Defined Benefit Pension Plan Items			Foreign Currency Translation Adjustments			Total AOCL
AOCL as of December 31, 2014	$	(4.6	)	$	3.2	$	(149.4	)	$	(2.7	)	$	(153.5	)
Other comprehensive (loss) income before reclassifications	(9.4		)	1.8		(2.7		)	(56.1		)	(66.4		)
Amounts reclassified from AOCL	6.2			—		3.9			—			10.1
Net other comprehensive (loss) income	(3.2		)	1.8		1.2			(56.1		)	(56.3		)
AOCL as of September 30, 2015	$	(7.8	)	$	5.0	$	(148.2	)	$	(58.8	)	$	(209.8	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

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-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 45
-Paragraph 14
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Restructuring Charges

9 Months Ended

Sep. 30, 2015

Restructuring Charges [Abstract]

Restructuring Charges

Restructuring Charges:

We record restructuring charges associated with management-approved restructuring plans when we reorganize or remove duplicative headcount and infrastructure within our businesses. Restructuring charges include severance costs to eliminate a specified number of employees, infrastructure charges to vacate facilities and consolidate operations, contract cancellation costs and other related activities. The timing of associated cash payments is dependent upon the type of restructuring charge and can extend over a multi-year period. Restructuring charges are not included in our calculation of segment profit (loss), as more fully explained in Note 15.

Restructuring Activities in 2015

Information regarding the restructuring charges for all ongoing activities are presented in the following table (in millions):



	Charges Incurred in 2015		Charges Incurred to Date		Total Charges Expected to be Incurred
Severance and related expense	$	1.2	$	8.1	$	8.1
Asset write-offs and accelerated depreciation	0.2		2.0		2.0
Equipment moves	—		—		—
Lease termination	—		—		—
Other	0.4		2.3		2.3
Total restructuring charges	$	1.8	$	12.4	$	12.4

While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):



	Charges Incurred in 2015			Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	(0.1	)	$	1.4	$	1.4
Commercial Heating & Cooling	—			0.9		0.9
Refrigeration	1.9			10.1		10.1
Corporate & Other	—			—		—
Total restructuring charges	$	1.8		$	12.4	$	12.4

Restructuring accruals are included in Accrued expenses in the accompanying Consolidated Balance Sheets. The table below details the activity in 2015 within the restructuring accruals (in millions):



	Balance as of December 31, 2014		Charged to Earnings		Cash Utilization			Non-Cash Utilization and Other			Balance as of September 30, 2015
Severance and related expense	$	1.5	$	1.2	$	(1.7	)	$	(0.2	)	$	0.8
Asset write-offs and accelerated depreciation	—		0.2		(0.1		)	(0.1		)	—
Equipment moves	0.1		—								0.1
Lease termination	—		—								—
Other	—		0.4		(0.2		)	(0.2		)	—
Total restructuring accruals	$	1.6	$	1.8	$	(2.0	)	$	(0.5	)	$	0.9

Discontinued Operations

9 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations:

On March 22, 2013, we sold our Service Experts business to a majority-owned entity of American Capital, Ltd. (the "Buyer") in an all-cash transaction for net proceeds of $10.4 million, excluding transaction costs. We also entered into a two-year equipment and parts supply agreement with the Buyer. In April 2012, we sold our Hearth business to Comvest Investment Partners IV in an all-cash transaction for net proceeds of $10.1 million, excluding the transaction costs and cash transferred with the business.

There were no assets and liabilities related to the Service Experts or Hearth businesses included in the accompanying Consolidated Balance Sheets as of September 30, 2015 or December 31, 2014, except for insurance casualty loss reserves which we retained after the respective transactions. The gains and losses on the sale of these businesses and their operating results for all periods are presented in Discontinued Operations in the accompanying Consolidated Statements of Operations. The following table provides a summary of net trade sales, pre-tax operating income (loss) and other supplemental information related to discontinued operations (in millions):



	Service Experts
	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015			2014
Net trade sales ⁽¹⁾	$	—	$	—	$	—		$	—
Pre-tax operating income (loss) ⁽¹⁾	—		—		(0.9		)	1.1
Gain (loss) on sale of business	—		—		—			—

⁽¹⁾ Excludes eliminations of intercompany sales and any associated profit



	Hearth
	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2015		2014			2015		2014
Net trade sales ⁽¹⁾	$	—	$	—		$	—	$	—
Pre-tax operating income (loss) ⁽¹⁾	—		(0.2		)	—		(2.4		)
Gain (loss) on sale of business	—		—			—		—

⁽¹⁾ Excludes eliminations of intercompany sales and any associated profit

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Earnings Per Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share:

Basic earnings per share are computed by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted earnings per share are computed by dividing net income by the sum of the weighted-average number of shares and the number of equivalent shares assumed outstanding, if dilutive, under our stock-based compensation plans.

The computations of basic and diluted earnings per share for Net income were as follows (in millions, except per share data):



	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015			2014
Net income	$	80.3	$	67.4	$	175.3		$	161.2
Add: Loss from discontinued operations	—		0.1		0.5			0.8
Income from continuing operations	$	80.3	$	67.5	$	175.8		$	162.0

Weighted-average shares outstanding – basic	45.0		48.3		44.9			48.7
Add: Potential effect of dilutive securities attributable to stock-based payments	0.6		0.7		0.7			0.8
Weighted-average shares outstanding – diluted	45.6		49.0		45.6			49.5

Earnings per share – Basic:
Income from continuing operations	$	1.78	$	1.40	$	3.92		$	3.33
Loss from discontinued operations	—		—		(0.01		)	(0.02		)
Net income	$	1.78	$	1.40	$	3.91		$	3.31

Earnings per share – Diluted:
Income from continuing operations	$	1.76	$	1.38	$	3.86		$	3.27
Loss from discontinued operations	—		—		(0.01		)	(0.01		)
Net income	$	1.76	$	1.38	$	3.85		$	3.26

The following stock appreciation rights were outstanding but not included in the diluted earnings per share calculation because the assumed exercise of such rights would have been anti-dilutive (in millions, except for per share data):



	For the Three Months Ended September 30,			For the Nine Months Ended September 30,
	2015		2014	2015		2014
Weighted-average number of shares	—		0.3	0.2		0.3
Price range per share	$	—	$81.11 - $81.14	$	92.64	$81.11 - $81.14

Reportable Business Segments

9 Months Ended

Sep. 30, 2015

Segment Reporting, Measurement Disclosures [Abstract]

Reportable Business Segments

Reportable Business Segments:

We operate in three reportable business segments of the heating, ventilation, air conditioning and refrigeration (“HVACR”) industry. Our segments are organized primarily by the nature of the products and services we provide. The following table describes each segment:



Segment	Product or Services	Markets Served	Geographic Areas
Residential Heating & Cooling	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts	Residential Replacement; Residential New Construction	United States Canada
Commercial Heating & Cooling	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment	Light Commercial	United States Canada Europe
Refrigeration	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems	Light Commercial; Food Preservation; Non-Food/Industrial	United States Canada Europe Asia Pacific South America

We use segment profit or loss as the primary measure of profitability to evaluate operating performance and to allocate capital resources. We define segment profit or loss as a segment’s income or loss from continuing operations before income taxes included in the accompanying Consolidated Statements of Operations, excluding certain items. The reconciliation below details the items excluded.

Our corporate costs include those costs related to corporate functions such as legal, internal audit, treasury, human resources, tax compliance and senior executive staff. Corporate costs also include the long-term share-based incentive awards provided to employees throughout LII. We recorded these share-based awards as corporate costs because they are determined at the discretion of the Board of Directors and based on the historical practice of doing so for internal reporting purposes.

As they arise, transactions between segments are recorded on an arm’s-length basis using the relevant market prices. Any intercompany sales and associated profit (and any other intercompany items) are eliminated from segment results. There were no significant intercompany eliminations for the periods presented.

Segment Data

Net sales and segment profit (loss) for each segment, along with a reconciliation of segment profit (loss) to Income from continuing operations before income taxes, are shown below (in millions):



	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2015			2014			2015			2014
Net sales
Residential Heating & Cooling	$	517.9		$	462.6		$	1,435.6		$	1,332.5
Commercial Heating & Cooling	246.8			241.6			660.3			655.6
Refrigeration	190.3			194.2			537.4			566.5
	$	955.0		$	898.4		$	2,633.3		$	2,554.6

Segment profit (loss) ⁽¹⁾
Residential Heating & Cooling	$	90.1		$	69.4		$	221.3		$	178.8
Commercial Heating & Cooling	44.8			42.2			95.5			91.3
Refrigeration	20.3			16.5			37.5			42.3
Corporate and other	(24.0		)	(17.5		)	(57.4		)	(47.8		)
Subtotal that includes segment profit and eliminations	131.2			110.6			296.9			264.6
Reconciliation to Income from continuing operations before income taxes:
Special product quality adjustments	0.7			0.2			(0.6		)	(0.1		)
Items in Losses (gains) and other expenses, net that are excluded from segment profit (loss) ⁽¹⁾	3.9			1.8			10.8			2.8
Restructuring charges	(0.4		)	1.0			1.8			1.3
Interest expense, net	5.7			4.0			17.9			11.0
Special inventory write down	—			1.0			—			1.0
Other expense (income), net	(0.7		)	—			(0.7		)	—
Income from continuing operations before income taxes	$	122.0		$	102.6		$	267.7		$	248.6

⁽¹⁾ The Company defines segment profit and loss as a segment's income or loss from continuing operations before income taxes included in the accompanying Consolidated Statements of Operations, excluding:


•	Special product quality adjustments;


•	The following items in Losses (gains) and other expenses, net:


◦	Net change in unrealized gains and/or losses on unsettled futures contracts,


◦	Special legal contingency charges,


◦	Asbestos-related litigation,


◦	Contractor tax payments,


◦	Environmental liabilities, and


◦	Other items, net;


•	Restructuring charges;


•	Goodwill, long-lived asset, and equity method investment impairments;


•	Interest expense, net;


•	Special inventory write down; and


•	Other expense, net.

Total Assets by Segment

Except for the seasonal increase in total assets across all reportable segments, there have not been any material changes in the composition of total assets by segment since December 31, 2014.

- 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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Fair Value Measurements

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements:

Fair Value Hierarchy

The methodologies used to determine the fair value of our financial assets and liabilities at September 30, 2015 were the same as those used at December 31, 2014.

Assets and Liabilities Carried at Fair Value on a Recurring Basis

Derivatives

Derivatives were classified as Level 2 and primarily valued using estimated future cash flows based on observed prices from exchange-traded derivatives. We also considered the counterparty's creditworthiness, or our own creditworthiness, as appropriate. Adjustments were recorded to reflect the risk of credit default, however, they were insignificant to the overall value of the derivatives. Refer to Note 4 for more information related to our derivative instruments.

Marketable Equity Securities

The following table presents the fair values of an investment in marketable equity securities, classified as Level 1 and related to publicly traded stock of a non-U.S. company, recorded in Other assets, net in the accompanying Consolidated Balance Sheets (in millions):



	As of September 30, 2015		As of December 31, 2014
Investment in marketable equity securities	$	7.1	$	5.3

Other Fair Value Disclosures

The carrying amounts of Cash and cash equivalents, Accounts and notes receivable, net, Accounts payable, Other current liabilities, and Short-term debt approximate fair value due to the short maturities of these instruments. The carrying amount of our Domestic Credit Facility in Long-term debt also approximates fair value due to its variable-rate characteristics.

The fair value of our senior unsecured notes in Long-term debt, classified as Level 2, was based on the amount of future cash flows using current market rates for debt instruments of similar maturities and credit risk. The following table presents their fair value (in millions):



	As of September 30, 2015		As of December 31, 2014
Senior unsecured notes	$	210.3	$	210.6

- 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.

+ References + Details

Condensed Consolidating Financial Statements

3 Months Ended

Sep. 30, 2014

Condensed Consolidating Financial Statements [Abstract]

Condensed Consolidating Financial Statements

Condensed Consolidating Financial Statements:

The Company’s senior unsecured notes are unconditionally guaranteed by certain of the Company’s subsidiaries (the “Guarantor Subsidiaries”) and are not secured by our other subsidiaries (the “Non-Guarantor Subsidiaries”). The Guarantor Subsidiaries are 100% owned, all guarantees are full and unconditional, and all guarantees are joint and several. As a result of the guarantee arrangements, we are required to present the following condensed consolidating financial statements.

The condensed consolidating financial statements reflect the investments in subsidiaries of the Company using the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions. Condensed consolidating financial statements of the Company, its Guarantor Subsidiaries and Non-Guarantor Subsidiaries as of September 30, 2015 and December 31, 2014 and for the three and nine months ended September 30, 2015 and 2014 are shown on the following pages.

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.3		$	12.5	$	21.3		$	—		$	35.1
Accounts and notes receivable, net	—			42.1		495.6			—			537.7
Inventories, net	—			376.1		119.6			(7.4		)	488.3
Deferred income taxes, net	3.3			27.4		6.3			(5.1		)	31.9
Other assets	3.3			48.7		65.7			(58.8		)	58.9
Total current assets	7.9			506.8		708.5			(71.3		)	1,151.9
Property, plant and equipment, net	—			268.3		77.0			—			345.3
Goodwill	—			140.4		59.4			—			199.8
Investment in subsidiaries	1,111.9			394.7		(0.6		)	(1,506.0		)	—
Deferred income taxes	2.4			91.4		13.7			(9.6		)	97.9
Other assets, net	4.5			59.8		23.8			(1.5		)	86.6
Intercompany receivables (payables), net	(360.7		)	357.6		3.1			—			—
Total assets	$	766.0		$	1,819.0	$	884.9		$	(1,588.4	)	$	1,881.5
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	226.3		$	—		$	226.3
Current maturities of long-term debt	22.5			0.9		0.3			—			23.7
Accounts payable	16.2			255.9		65.6			—			337.7
Accrued expenses	15.7			181.8		54.4			—			251.9
Income taxes payable	(41.3		)	94.8		27.2			(66.9		)	13.8
Total current liabilities	13.1			533.4		373.8			(66.9		)	853.4
Long-term debt	653.0			14.8		0.2			—			668.0
Post-retirement benefits, other than pensions	—			2.9		—			—			2.9
Pensions	—			123.4		10.8			—			134.2
Other liabilities	2.4			125.6		10.4			(12.9		)	125.5
Total liabilities	668.5			800.1		395.2			(79.8		)	1,784.0
Commitments and contingencies
Total stockholders' equity	97.5			1,018.9		489.7			(1,508.6		)	97.5
Total liabilities and stockholders' equity	$	766.0		$	1,819.0	$	884.9		$	(1,588.4	)	$	1,881.5

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of December 31, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.0		$	11.5	$	25.0		$	—		$	37.5
Accounts and notes receivable, net	—			12.3		409.1			—			421.4
Inventories, net	—			350.6		119.7			(7.0		)	463.3
Deferred income taxes, net	2.8			27.3		7.4			(5.0		)	32.5
Other assets	3.6			45.7		67.2			(57.2		)	59.3
Total current assets	7.4			447.4		628.4			(69.2		)	1,014.0
Property, plant and equipment, net	—			269.0		89.6			—			358.6
Goodwill	—			140.4		69.0			—			209.4
Investment in subsidiaries	978.1			263.5		(0.6		)	(1,241.0		)	—
Deferred income taxes	0.5			90.8		15.8			(9.6		)	97.5
Other assets, net	5.2			61.0		20.1			(1.5		)	84.8
Intercompany receivables (payables), net	(280.4		)	302.4		(22.0		)	—			—
Total assets	$	710.8		$	1,574.5	$	800.3		$	(1,321.3	)	$	1,764.3
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	226.6		$	—		$	226.6
Current maturities of long-term debt	22.5			1.2		0.3			—			24.0
Accounts payable	13.4			237.8		73.1			—			324.3
Accrued expenses	9.0			175.5		54.5			—			239.0
Income taxes payable	(3.7		)	34.7		47.5			(65.1		)	13.4
Total current liabilities	41.2			449.2		402.0			(65.1		)	827.3
Long-term debt	659.5			15.3		0.2			—			675.0
Post-retirement benefits, other than pensions	—			4.5		—			—			4.5
Pensions	—			117.6		12.3			—			129.9
Other liabilities	1.1			118.7		11.7			(12.9		)	118.6
Total liabilities	701.8			705.3		426.2			(78.0		)	1,755.3
Commitments and contingencies
Total stockholders' equity	9.0			869.2		374.1			(1,243.3		)	9.0
Total liabilities and stockholders' equity	$	710.8		$	1,574.5	$	800.3		$	(1,321.3	)	$	1,764.3

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	827.9		$	185.2		$	(58.1	)	$	955.0
Cost of goods sold	—			589.9			150.2			(58.5		)	681.6
Gross profit	—			238.0			35.0			0.4			273.4
Operating expenses:
Selling, general and administrative expenses	—			124.0			19.8			—			143.8
Losses (gains) and other expenses, net	0.6			2.7			2.7			—			6.0
Restructuring charges	—			(0.2		)	(0.2		)	—			(0.4		)
Income from equity method investments	(84.2		)	(2.7		)	(2.1		)	86.0			(3.0		)
Operational income from continuing operations	83.6			114.2			14.8			(85.6		)	127.0
Interest expense, net	5.4			(0.4		)	0.7			—			5.7
Other expense, net	—			—			(0.7		)	—			(0.7		)
Income from continuing operations before income taxes	78.2			114.6			14.8			(85.6		)	122.0
Provision for income taxes	(2.1		)	39.0			4.6			0.2			41.7
Income from continuing operations	80.3			75.6			10.2			(85.8		)	80.3
Loss from discontinued operations	—			—			—						—
Net income	$	80.3		$	75.6		$	10.2		$	(85.8	)	$	80.3
Other comprehensive income (loss), net of tax	(4.3		)	(8.6		)	(16.2		)	(1.8		)	(30.9		)
Comprehensive income	$	76.0		$	67.0		$	(6.0	)	$	(87.6	)	$	49.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Nine Months Ended September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	2,268.6		$	520.7		$	(156.0	)	$	2,633.3
Cost of goods sold	—			1,650.7			418.2			(155.4		)	1,913.5
Gross profit	—			617.9			102.5			(0.6		)	719.8
Operating expenses:
Selling, general and administrative expenses	—			362.0			68.0			—			430.0
Losses (gains) and other expenses, net	1.1			7.7			6.2			(0.1		)	14.9
Restructuring charges	—			(0.5		)	2.3			—			1.8
Income from equity method investments	(187.2		)	(0.3		)	(9.3		)	185.0			(11.8		)
Operational income from continuing operations	186.1			249.0			35.3			(185.5		)	284.9
Interest expense, net	17.1			(1.5		)	2.3			—			17.9
Other expense, net	—			—			(0.7		)	—			(0.7		)
Income from continuing operations before income taxes	169.0			250.5			33.7			(185.5		)	267.7
Provision for income taxes	(6.3		)	87.2			11.2			(0.2		)	91.9
Income from continuing operations	175.3			163.3			22.5			(185.3		)	175.8
Loss from discontinued operations	—			—			(0.5		)	—			(0.5		)
Net income	$	175.3		$	163.3		$	22.0		$	(185.3	)	$	175.3
Other comprehensive income (loss), net of tax	(2.9		)	(13.8		)	(36.4		)	(3.2		)	(56.3		)
Comprehensive income	$	172.4		$	149.5		$	(14.4	)	$	(188.5	)	$	119.0

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended September 30, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	736.2		$	213.5		$	(51.3	)	$	898.4
Cost of goods sold	—			538.8			164.5			(52.0		)	651.3
Gross profit	—			197.4			49.0			0.7			247.1
Operating expenses:
Selling, general and administrative expenses	—			127.4			13.5			—			140.9
Losses (gains) and other expenses, net	(0.1		)	1.2			1.0			—			2.1
Restructuring charges	—			(0.1		)	1.1			—			1.0
Income from equity method investments	(69.7		)	(6.4		)	(2.7		)	75.3			(3.5		)
Operational income from continuing operations	69.8			75.3			36.1			(74.6		)	106.6
Interest expense, net	3.6			(0.7		)	1.1			—			4.0
Other expense, net	—			—			—			—			—
Income from continuing operations before income taxes	66.2			76.0			35.0			(74.6		)	102.6
Provision for income taxes	(1.2		)	24.1			11.9			0.3			35.1
Income from continuing operations	67.4			51.9			23.1			(74.9		)	67.5
Loss from discontinued operations	—			—			(0.1		)	—			(0.1		)
Net income	$	67.4		$	51.9		$	23.0		$	(74.9	)	$	67.4
Other comprehensive income, net of tax	(1.1		)	(6.7		)	(17.2		)	(1.0		)	(26.0		)
Comprehensive income	$	66.3		$	45.2		$	5.8		$	(75.9	)	$	41.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Nine Months Ended September 30, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	2,089.0		$	606.5		$	(140.9	)	$	2,554.6
Cost of goods sold	—			1,555.1			460.9			(139.3		)	1,876.7
Gross profit	—			533.9			145.6			(1.6		)	677.9
Operating expenses:
Selling, general and administrative expenses	—			362.9			62.6			—			425.5
Losses and other expenses, net	(0.3		)	2.3			1.5						3.5
Restructuring charges	—			—			1.3			—			1.3
Income from equity method investments	(167.6		)	(21.0		)	(9.8		)	186.4			(12.0		)
Operational income from continuing operations	167.9			189.7			90.0			(188.0		)	259.6
Interest expense, net	10.1			(2.2		)	3.1			—			11.0
Other expense, net	—			—			—			—			—
Income from continuing operations before income taxes	157.8			191.9			86.9			(188.0		)	248.6
Provision for income taxes	(3.4		)	60.0			30.5			(0.5		)	86.6
Income from continuing operations	161.2			131.9			56.4			(187.5		)	162.0
Loss from discontinued operations	—			—			(0.8		)	—			(0.8		)
Net income	$	161.2		$	131.9		$	55.6		$	(187.5	)	$	161.2
Other comprehensive income (loss), net of tax	(1.1		)	(1.8		)	(11.8		)	(1.1		)	(15.8		)
Comprehensive income	$	160.1		$	130.1		$	43.8		$	(188.6	)	$	145.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Nine Months Ended September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	(27.3	)	$	138.2		$	(4.0	)	$	—	$	106.9
Cash flows from investing activities:
Purchases of property, plant and equipment	—			(40.3		)	(6.7		)	—		(47.0		)
Net cash used in investing activities	—			(40.3		)	(6.7		)	—		(47.0		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			0.8			—		0.8
Asset securitization borrowings	—			—			40.0			—		40.0
Asset securitization payments	—			—			(40.0		)	—		(40.0		)
Long-term debt payments	(22.5		)	(0.8		)	(0.2		)	—		(23.5		)
Borrowings from credit facility	1,401.0			—			—			—		1,401.0
Payments on credit facility	(1,385.0		)	—			—			—		(1,385.0		)
Proceeds from employee stock purchases	1.8			—			—			—		1.8
Repurchases of common stock	—			—			—			—		—
Repurchases of common stock to satisfy employee withholding tax obligations	(23.5		)	—			—			—		(23.5		)
Excess tax benefits related to share-based payments	18.6			—			—			—		18.6
Intercompany financing activity	(37.7		)	10.2			27.5			—		—
Intercompany investments	118.0			(106.3		)	(11.7		)	—		—
Cash dividends paid	(43.1		)	—			—			—		(43.1		)
Net cash provided by financing activities	27.6			(96.9		)	16.4			—		(52.9		)
Increase in cash and cash equivalents	0.3			1.0			5.7			—		7.0
Effect of exchange rates on cash and cash equivalents	—			—			(9.4		)	—		(9.4		)
Cash and cash equivalents, beginning of period	1.0			11.5			25.0			—		37.5
Cash and cash equivalents, end of period	$	1.3		$	12.5		$	21.3		$	—	$	35.1

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Nine Months Ended September 30, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	13.4		$	72.1		$	(62.0	)	$	—	$	23.5
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			0.2			—			—		0.2
Purchases of property, plant and equipment	—			(45.5		)	(14.4		)	—		(59.9		)
Net cash used in investing activities	—			(45.3		)	(14.4		)	—		(59.7		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			3.4			—		3.4
Asset securitization borrowings	—			—			60.0			—		60.0
Asset securitization payments	—			—			—			—		—
Long-term debt payments	—			(1.4		)	(0.3		)	—		(1.7		)
Borrowings from credit facility	1,483.0			—			—			—		1,483.0
Payments on credit facility	(1,351.0		)	—			—			—		(1,351.0		)
Proceeds from employee stock purchases	1.5			—			—			—		1.5
Repurchases of common stock	(100.3		)	—			—			—		(100.3		)
Repurchases of common stock to satisfy employee withholding tax obligations	(12.3		)	—			—			—		(12.3		)
Excess tax benefits related to share-based payments	5.3			—			—			—		5.3
Intercompany debt	(12.5		)	(0.8		)	13.3			—		—
Intercompany financing activity	11.5			(17.0		)	5.5			—		—
Intercompany investments	—			(3.0		)	3.0			—		—
Cash dividends paid	(38.2		)	—			—			—		(38.2		)
Net cash used in financing activities	(13.0		)	(22.2		)	84.9			—		49.7
Decrease in cash and cash equivalents	0.4			4.6			8.5			—		13.5
Effect of exchange rates on cash and cash equivalents	—			—			(3.4		)	—		(3.4		)
Cash and cash equivalents, beginning of period	1.1			10.5			26.4			—		38.0
Cash and cash equivalents, end of period	$	1.5		$	15.1		$	31.5		$	—	$	48.1

General (Policies)	9 Months Ended
General (Policies)	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Consolidated Balance Sheet as of September 30, 2015, the accompanying unaudited Consolidated Statements of Operations for the three and nine months ended September 30, 2015 and 2014, the accompanying unaudited Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2015 and 2014, and the accompanying unaudited Consolidated Statements of Cash Flows for the nine months ended September 30, 2015 and 2014 should be read in conjunction with our audited consolidated financial statements and footnotes included in our Annual Report on Form 10-K for the year ended December 31, 2014. The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. The accompanying consolidated financial statements contain all material adjustments, consisting principally of normal recurring adjustments, necessary for a fair presentation of our financial position, results of operations and cash flows. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to applicable rules and regulations, although we believe that the disclosures herein are adequate to make the information presented not misleading. The operating results for the interim periods are not necessarily indicative of the results that may be expected for a full year. Our fiscal year ends on December 31 and each quarter is comprised of 13 weeks. For convenience, throughout these financial statements, the 13 weeks comprising each quarterly period are denoted by the last day of the respective calendar quarter.
Use of Estimates	Use of Estimates The preparation of financial statements requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, inventories, goodwill, intangible assets and other long-lived assets, contingencies, guarantee obligations, indemnifications, and assumptions used in the calculation of income taxes, pension and post-retirement medical benefits, and stock-based compensation, among others. These estimates and assumptions are based on our best estimates and judgment. We evaluate these estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates and assumptions to be reasonable under the circumstances and will adjust such estimates and assumptions when facts and circumstances dictate. Volatile equity, foreign currency and commodity markets combine to increase the uncertainty inherent in such estimates and assumptions. Future events and their effects cannot be determined with precision and actual results could differ significantly from these estimates. Changes in these estimates will be reflected in the financial statements in future periods.
Reclassifications	Reclassifications Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.

Inventories (Tables)

9 Months Ended

Sep. 30, 2015

Inventory Disclosure [Abstract]

Components of inventories

The components of inventories are as follows (in millions):



	As of September 30, 2015			As of December 31, 2014
Finished goods	$	353.5		$	338.2
Work in process	8.9			8.1
Raw materials and parts	188.8			182.6
Subtotal	551.2			528.9
Excess of current cost over last-in, first-out cost	(62.9		)	(65.6		)
Total inventories, net	$	488.3		$	463.3

Goodwill (Tables)

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the first nine months of 2015, in total and by segment, are summarized in the table below (in millions):



	Balance at December 31, 2014		Acquisitions / (Dispositions)		Other ⁽¹⁾			September 30, 2015
Residential Heating & Cooling	$	26.1	$	—	$	—		$	26.1
Commercial Heating & Cooling	62.3		—		(1.2		)	61.1
Refrigeration	121.0		—		(8.4		)	112.6
Total Goodwill	$	209.4	$	—	$	(9.6	)	$	199.8

⁽¹⁾ Other consists of changes in foreign currency translation rates.

Derivatives (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

We recorded the following amounts in AOCL related to our cash flow hedges (in millions):



	As of September 30, 2015			As of December 31, 2014
Unrealized losses on unsettled futures contracts	$	12.3		$	7.2
Income tax benefit	(4.5		)	(2.6		)
Losses included in AOCL, net of tax ⁽¹⁾	$	7.8		$	4.6

⁽¹⁾ Assuming commodity and foreign currency prices remain constant, we expect to reclassify $6.8 million of derivative losses into earnings within the next 12 months.

Outstanding commodity futures contracts designated as cash flow hedges

We had the following outstanding commodity futures contracts designated as cash flow hedges (in millions of pounds):



	As of September 30, 2015	As of December 31, 2014
Copper	29.0	29.4

We had the following outstanding foreign exchange forward contracts designated as cash flow hedges (in millions):



	As of September 30, 2015	As of December 31, 2014
Notional Amounts (in local currency):
Mexican Peso	250.9	—

Derivatives not Designated as Cash Flow Hedges



	As of September 30, 2015	As of December 31, 2014
Copper	3.3	2.9
Aluminum	2.5	2.2

We also had the following outstanding foreign currency forward contracts not designated as cash flow hedges (in millions):



	As of September 30, 2015	As of December 31, 2014
Notional Amounts (in local currency):
Brazilian Real	—	8.7
Mexican Peso	—	229.7
United States Dollar	7.1	4.5
Euro	6.0	3.6
Polish Zloty	29.9	30.6
Russian Ruble	94.4	80.8

Location and amounts of derivative fair values in Consolidated Balance Sheets and derivative gains and losses in Consolidated Statements of Operations



	Fair Values of Derivative Instruments ⁽¹⁾
	Derivatives Designated as Hedging Instruments				Derivatives Not Designated as Hedging Instruments
	As of September 30, 2015		As of December 31, 2014		As of September 30, 2015		As of December 31, 2014
Current Assets:
Other Assets
Commodity futures contracts	$	—	$	—	$	—	$	—
Foreign currency forward contracts	—		—		0.1		0.3
Non-Current Assets:
Other Assets, net
Commodity futures contracts	—		—		—		—
Total Assets	$	—	$	—	$	0.1	$	0.3
Current Liabilities:
Accrued Expenses
Commodity futures contracts	$	10.4	$	6.7	$	1.4	$	0.7
Foreign currency forward contracts	0.4		—		0.1		—
Non-Current Liabilities:
Other Liabilities
Commodity futures contracts	1.5		0.5		0.3		0.1
Foreign currency forward contracts	0.1		—		—		—
Total Liabilities	$	12.4	$	7.2	$	1.8	$	0.8

⁽¹⁾ All derivative instruments are classified as Level 2 within the fair value hierarchy. See Note 16 for more information.

Effect of Derivative Instruments on Consolidated Statements of Operations



Derivatives Designated as Cash Flow Hedges	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015		2014
Amount of Loss reclassified from AOCL into Income (Effective Portion) ⁽¹⁾	$	3.2	$	1.0	$	9.4	$	4.9
Amount of Loss (Gain) recognized in Net income (Ineffective Portion) ⁽²⁾	$	—	$	—	$	—	$	0.1



Derivatives Not Designated as Hedging Instruments	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2015		2014			2015		2014
Amount of Loss (Gain) Recognized in Net Income:
Commodity futures contracts ⁽²⁾	$	1.4	$	0.3		$	2.2	$	0.6
Foreign currency forward contracts ⁽²⁾	—		(0.2		)	0.2		(0.1		)
	$	1.4	$	0.1		$	2.4	$	0.5

⁽¹⁾ The loss was recorded in Cost of goods sold in the accompanying Consolidated Statements of Operations.

⁽²⁾ The loss (gain) was recorded in Losses (gains) and other expenses, net in the accompanying Consolidated Statements of Operations.

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Summary of total liabilities for estimated warranty are included in the accompanying Consolidated Balance Sheets

Liabilities for estimated product warranty costs related to continuing operations are included in the following captions on the accompanying Consolidated Balance Sheets (in millions):



	As of September 30, 2015		As of December 31, 2014
Accrued expenses	$	25.6	$	27.3
Other liabilities	66.1		59.9
Total warranty liability	$	91.7	$	87.2

Summary of changes in the total warranty liabilities

The changes in product warranty liabilities related to continuing operations for the nine months ended September 30, 2015 were as follows (in millions):



Total warranty liability as of December 31, 2014	$	87.2
Warranty claims paid	(19.7		)
Changes resulting from issuance of new warranties	27.4
Changes in estimates associated with pre-existing liabilities	(1.6		)
Changes in foreign currency translation rates and other	(1.6		)
Total warranty liability as of September 30, 2015	$	91.7

Lines of Credit and Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Outstanding debt obligations

The following table summarizes our outstanding debt obligations and their classification in the accompanying Consolidated Balance Sheets (in millions):



	As of September 30, 2015		As of December 31, 2014
Short-Term Debt:
Asset Securitization Program	$	220.0	$	220.0
Foreign obligations	6.3		6.6
Total short-term debt	$	226.3	$	226.6
Current maturities of long-term debt:
Capital lease obligations	$	1.2	$	1.5
Domestic credit facility	22.5		22.5
Total current maturities of long-term debt	$	23.7	$	24.0
Long-Term Debt:
Capital lease obligations	$	15.0	$	15.5
Domestic credit facility	453.0		459.5
Senior unsecured notes	200.0		200.0
Total long-term debt	$	668.0	$	675.0
Total debt	$	918.0	$	925.6

Eligible amounts available and beneficial interests sold

The eligible amounts available and beneficial interests sold were as follows (in millions):



	As of September 30, 2015		As of December 31, 2014
Eligible amount available under the ASP on qualified accounts receivable	$	220.0	$	220.0
Beneficial interest sold	220.0		220.0
Remaining amount available	$	—	$	—

Summary of weighted average borrowing rate facility

Our weighted average borrowing rate on the facility was as follows:



	As of September 30, 2015		As of December 31, 2014
Weighted average borrowing rate	1.69	%	1.88	%

Financial Covenants, Leverage and Interest Coverage

The required ratios under our Domestic Credit Facility are detailed below:



Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than	3.5 : 1.0
Cash Flow to Net Interest Expense Ratio no less than	3.0 : 1.0

Pension and Post-retirement Benefit Plans Pension and Post-retirement Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Components of net periodic benefit cost

The components of net periodic benefit cost were as follows (in millions):



	For the Three Months Ended September 30,
	2015			2014			2015			2014
	Pension Benefits						Other Benefits
Service cost	$	1.2		$	1.1		$	—		$	—
Interest cost	4.3			4.4			0.1			0.1
Expected return on plan assets	(5.3		)	(5.7		)	—			—
Amortization of prior service cost	—			0.1			(0.8		)	(0.8		)
Recognized actuarial loss	2.4			1.6			0.4			0.4
Settlements and curtailments	—			—			—			—
Net periodic benefit cost ⁽¹⁾	$	2.6		$	1.5		$	(0.3	)	$	(0.3	)



	For the Nine Months Ended September 30,
	2015			2014			2015			2014
	Pension Benefits						Other Benefits
Service cost	$	3.6		$	3.2		$	—		$	—
Interest cost	12.9			13.3			0.2			0.1
Expected return on plan assets	(16.0		)	(17.0		)	—			—
Amortization of prior service cost	—			0.2			(2.4		)	(2.2		)
Recognized actuarial loss	7.2			4.9			1.2			1.1
Settlements and curtailments	0.4			—			—			—
Net periodic benefit cost ⁽¹⁾	$	8.1		$	4.6		$	(1.0	)	$	(1.0	)

⁽¹⁾ All net periodic benefit cost for the three and nine months ended September 30, 2015 and 2014 related to continuing operations.

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock -based compensation expense in operations

Stock-based compensation expense related to continuing operations is included in Selling, general and administrative expenses in the accompanying Consolidated Statements of Operations as follows (in millions):



	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015		2014
Stock-based compensation expense ⁽¹⁾	$	7.7	$	6.6	$	18.5	$	17.3

⁽¹⁾ All expense was recorded in our Corporate and other business segment.

Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Reclassification out of Accumulated Other Comprehensive Income

The following table provides information on items not reclassified in their entirety from AOCL to Net income in the accompanying Consolidated Statements of Operations (in millions):



	For the Three Months Ended September 30,						For the Nine Months Ended September 30,						Affected Line Item(s) in the Consolidated Statements of Operations
	2015			2014			2015			2014
(Losses)/Gains on cash flow hedges:
Commodity futures contracts	$	(3.2	)	$	(1.0	)	$	(9.4	)	$	(4.9	)	Cost of goods sold
Income tax benefit	1.2			0.4			3.2			1.8			Provision for income taxes
Net of tax	$	(2.0	)	$	(0.6	)	$	(6.2	)	$	(3.1	)

Defined Benefit Plan items:
Pension and post-retirement benefit costs	$	(2.0	)	$	(1.3	)	$	(6.1	)	$	(4.0	)	Cost of goods sold; Selling, general and administrative expenses
Income tax benefit	0.7			0.5			2.2			1.5			Provision for income taxes
Net of tax	$	(1.3	)	$	(0.8	)	$	(3.9	)	$	(2.5	)

Total reclassifications from AOCL	$	(3.3	)	$	(1.4	)	$	(10.1	)	$	(5.6	)

Changes in AOCI by component (net of tax)

The following table provides information on changes in AOCL, by component (net of tax), for the nine months ended September 30, 2015 (in millions):



	Gains (Losses) on Cash Flow Hedges			Unrealized Gains on Available-for-Sale Securities		Defined Benefit Pension Plan Items			Foreign Currency Translation Adjustments			Total AOCL
AOCL as of December 31, 2014	$	(4.6	)	$	3.2	$	(149.4	)	$	(2.7	)	$	(153.5	)
Other comprehensive (loss) income before reclassifications	(9.4		)	1.8		(2.7		)	(56.1		)	(66.4		)
Amounts reclassified from AOCL	6.2			—		3.9			—			10.1
Net other comprehensive (loss) income	(3.2		)	1.8		1.2			(56.1		)	(56.3		)
AOCL as of September 30, 2015	$	(7.8	)	$	5.0	$	(148.2	)	$	(58.8	)	$	(209.8	)

Restructuring Charges (Tables)

9 Months Ended

Sep. 30, 2015

Restructuring Charges [Abstract]

Information regarding restructuring charges

Information regarding the restructuring charges for all ongoing activities are presented in the following table (in millions):



	Charges Incurred in 2015		Charges Incurred to Date		Total Charges Expected to be Incurred
Severance and related expense	$	1.2	$	8.1	$	8.1
Asset write-offs and accelerated depreciation	0.2		2.0		2.0
Equipment moves	—		—		—
Lease termination	—		—		—
Other	0.4		2.3		2.3
Total restructuring charges	$	1.8	$	12.4	$	12.4

Information regarding restructuring charges by segment

While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):



	Charges Incurred in 2015			Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	(0.1	)	$	1.4	$	1.4
Commercial Heating & Cooling	—			0.9		0.9
Refrigeration	1.9			10.1		10.1
Corporate & Other	—			—		—
Total restructuring charges	$	1.8		$	12.4	$	12.4

The following table describes each segment:



Segment	Product or Services	Markets Served	Geographic Areas
Residential Heating & Cooling	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts	Residential Replacement; Residential New Construction	United States Canada
Commercial Heating & Cooling	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment	Light Commercial	United States Canada Europe
Refrigeration	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems	Light Commercial; Food Preservation; Non-Food/Industrial	United States Canada Europe Asia Pacific South America

Details activity within the restructuring reserves

The table below details the activity in 2015 within the restructuring accruals (in millions):



	Balance as of December 31, 2014		Charged to Earnings		Cash Utilization			Non-Cash Utilization and Other			Balance as of September 30, 2015
Severance and related expense	$	1.5	$	1.2	$	(1.7	)	$	(0.2	)	$	0.8
Asset write-offs and accelerated depreciation	—		0.2		(0.1		)	(0.1		)	—
Equipment moves	0.1		—								0.1
Lease termination	—		—								—
Other	—		0.4		(0.2		)	(0.2		)	—
Total restructuring accruals	$	1.6	$	1.8	$	(2.0	)	$	(0.5	)	$	0.9

Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Summary of net trade sales, pre-tax operating income (loss) and other supplemental information related to discontinued operations

The following table provides a summary of net trade sales, pre-tax operating income (loss) and other supplemental information related to discontinued operations (in millions):



	Service Experts
	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015			2014
Net trade sales ⁽¹⁾	$	—	$	—	$	—		$	—
Pre-tax operating income (loss) ⁽¹⁾	—		—		(0.9		)	1.1
Gain (loss) on sale of business	—		—		—			—

⁽¹⁾ Excludes eliminations of intercompany sales and any associated profit



	Hearth
	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
	2015		2014			2015		2014
Net trade sales ⁽¹⁾	$	—	$	—		$	—	$	—
Pre-tax operating income (loss) ⁽¹⁾	—		(0.2		)	—		(2.4		)
Gain (loss) on sale of business	—		—			—		—

⁽¹⁾ Excludes eliminations of intercompany sales and any associated profit

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References + Details

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Computations of basic and diluted loss per share for Loss from Continuing Operations

The computations of basic and diluted earnings per share for Net income were as follows (in millions, except per share data):



	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2015		2014		2015			2014
Net income	$	80.3	$	67.4	$	175.3		$	161.2
Add: Loss from discontinued operations	—		0.1		0.5			0.8
Income from continuing operations	$	80.3	$	67.5	$	175.8		$	162.0

Weighted-average shares outstanding – basic	45.0		48.3		44.9			48.7
Add: Potential effect of dilutive securities attributable to stock-based payments	0.6		0.7		0.7			0.8
Weighted-average shares outstanding – diluted	45.6		49.0		45.6			49.5

Earnings per share – Basic:
Income from continuing operations	$	1.78	$	1.40	$	3.92		$	3.33
Loss from discontinued operations	—		—		(0.01		)	(0.02		)
Net income	$	1.78	$	1.40	$	3.91		$	3.31

Earnings per share – Diluted:
Income from continuing operations	$	1.76	$	1.38	$	3.86		$	3.27
Loss from discontinued operations	—		—		(0.01		)	(0.01		)
Net income	$	1.76	$	1.38	$	3.85		$	3.26

Stock appreciation rights were outstanding, but not included in the diluted loss per share calculation



	For the Three Months Ended September 30,			For the Nine Months Ended September 30,
	2015		2014	2015		2014
Weighted-average number of shares	—		0.3	0.2		0.3
Price range per share	$	—	$81.11 - $81.14	$	92.64	$81.11 - $81.14

Reportable Business Segments (Tables)

9 Months Ended

Sep. 30, 2015

Segment Reporting, Measurement Disclosures [Abstract]

Net sales, segment profit (loss) by business segment and reconciliation of segment profit (loss) to Income from Continuing Operations before Income Taxes

While restructuring charges are excluded from our calculation of segment profit (loss), the table below presents the restructuring charges associated with each segment (in millions):



	Charges Incurred in 2015			Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	(0.1	)	$	1.4	$	1.4
Commercial Heating & Cooling	—			0.9		0.9
Refrigeration	1.9			10.1		10.1
Corporate & Other	—			—		—
Total restructuring charges	$	1.8		$	12.4	$	12.4

The following table describes each segment:



Segment	Product or Services	Markets Served	Geographic Areas
Residential Heating & Cooling	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts	Residential Replacement; Residential New Construction	United States Canada
Commercial Heating & Cooling	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment	Light Commercial	United States Canada Europe
Refrigeration	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems	Light Commercial; Food Preservation; Non-Food/Industrial	United States Canada Europe Asia Pacific South America

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

Net sales and segment profit (loss) for each segment, along with a reconciliation of segment profit (loss) to Income from continuing operations before income taxes, are shown below (in millions):



	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2015			2014			2015			2014
Net sales
Residential Heating & Cooling	$	517.9		$	462.6		$	1,435.6		$	1,332.5
Commercial Heating & Cooling	246.8			241.6			660.3			655.6
Refrigeration	190.3			194.2			537.4			566.5
	$	955.0		$	898.4		$	2,633.3		$	2,554.6

Segment profit (loss) ⁽¹⁾
Residential Heating & Cooling	$	90.1		$	69.4		$	221.3		$	178.8
Commercial Heating & Cooling	44.8			42.2			95.5			91.3
Refrigeration	20.3			16.5			37.5			42.3
Corporate and other	(24.0		)	(17.5		)	(57.4		)	(47.8		)
Subtotal that includes segment profit and eliminations	131.2			110.6			296.9			264.6
Reconciliation to Income from continuing operations before income taxes:
Special product quality adjustments	0.7			0.2			(0.6		)	(0.1		)
Items in Losses (gains) and other expenses, net that are excluded from segment profit (loss) ⁽¹⁾	3.9			1.8			10.8			2.8
Restructuring charges	(0.4		)	1.0			1.8			1.3
Interest expense, net	5.7			4.0			17.9			11.0
Special inventory write down	—			1.0			—			1.0
Other expense (income), net	(0.7		)	—			(0.7		)	—
Income from continuing operations before income taxes	$	122.0		$	102.6		$	267.7		$	248.6


•	Special product quality adjustments;


•	The following items in Losses (gains) and other expenses, net:


◦	Net change in unrealized gains and/or losses on unsettled futures contracts,


◦	Special legal contingency charges,


◦	Asbestos-related litigation,


◦	Contractor tax payments,


◦	Environmental liabilities, and


◦	Other items, net;


•	Restructuring charges;


•	Goodwill, long-lived asset, and equity method investment impairments;


•	Interest expense, net;


•	Special inventory write down; and


•	Other expense, net.

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2015

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis



	As of September 30, 2015		As of December 31, 2014
Investment in marketable equity securities	$	7.1	$	5.3

Other Fair Value Measurements

The following table presents their fair value (in millions):



	As of September 30, 2015		As of December 31, 2014
Senior unsecured notes	$	210.3	$	210.6

Condensed Consolidating Financial Statements (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2014

Dec. 31, 2014

Condensed Consolidating Financial Statements [Abstract]

Condensed Consolidating Balance Sheets

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.3		$	12.5	$	21.3		$	—		$	35.1
Accounts and notes receivable, net	—			42.1		495.6			—			537.7
Inventories, net	—			376.1		119.6			(7.4		)	488.3
Deferred income taxes, net	3.3			27.4		6.3			(5.1		)	31.9
Other assets	3.3			48.7		65.7			(58.8		)	58.9
Total current assets	7.9			506.8		708.5			(71.3		)	1,151.9
Property, plant and equipment, net	—			268.3		77.0			—			345.3
Goodwill	—			140.4		59.4			—			199.8
Investment in subsidiaries	1,111.9			394.7		(0.6		)	(1,506.0		)	—
Deferred income taxes	2.4			91.4		13.7			(9.6		)	97.9
Other assets, net	4.5			59.8		23.8			(1.5		)	86.6
Intercompany receivables (payables), net	(360.7		)	357.6		3.1			—			—
Total assets	$	766.0		$	1,819.0	$	884.9		$	(1,588.4	)	$	1,881.5
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	226.3		$	—		$	226.3
Current maturities of long-term debt	22.5			0.9		0.3			—			23.7
Accounts payable	16.2			255.9		65.6			—			337.7
Accrued expenses	15.7			181.8		54.4			—			251.9
Income taxes payable	(41.3		)	94.8		27.2			(66.9		)	13.8
Total current liabilities	13.1			533.4		373.8			(66.9		)	853.4
Long-term debt	653.0			14.8		0.2			—			668.0
Post-retirement benefits, other than pensions	—			2.9		—			—			2.9
Pensions	—			123.4		10.8			—			134.2
Other liabilities	2.4			125.6		10.4			(12.9		)	125.5
Total liabilities	668.5			800.1		395.2			(79.8		)	1,784.0
Commitments and contingencies
Total stockholders' equity	97.5			1,018.9		489.7			(1,508.6		)	97.5
Total liabilities and stockholders' equity	$	766.0		$	1,819.0	$	884.9		$	(1,588.4	)	$	1,881.5

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of December 31, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.0		$	11.5	$	25.0		$	—		$	37.5
Accounts and notes receivable, net	—			12.3		409.1			—			421.4
Inventories, net	—			350.6		119.7			(7.0		)	463.3
Deferred income taxes, net	2.8			27.3		7.4			(5.0		)	32.5
Other assets	3.6			45.7		67.2			(57.2		)	59.3
Total current assets	7.4			447.4		628.4			(69.2		)	1,014.0
Property, plant and equipment, net	—			269.0		89.6			—			358.6
Goodwill	—			140.4		69.0			—			209.4
Investment in subsidiaries	978.1			263.5		(0.6		)	(1,241.0		)	—
Deferred income taxes	0.5			90.8		15.8			(9.6		)	97.5
Other assets, net	5.2			61.0		20.1			(1.5		)	84.8
Intercompany receivables (payables), net	(280.4		)	302.4		(22.0		)	—			—
Total assets	$	710.8		$	1,574.5	$	800.3		$	(1,321.3	)	$	1,764.3
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	226.6		$	—		$	226.6
Current maturities of long-term debt	22.5			1.2		0.3			—			24.0
Accounts payable	13.4			237.8		73.1			—			324.3
Accrued expenses	9.0			175.5		54.5			—			239.0
Income taxes payable	(3.7		)	34.7		47.5			(65.1		)	13.4
Total current liabilities	41.2			449.2		402.0			(65.1		)	827.3
Long-term debt	659.5			15.3		0.2			—			675.0
Post-retirement benefits, other than pensions	—			4.5		—			—			4.5
Pensions	—			117.6		12.3			—			129.9
Other liabilities	1.1			118.7		11.7			(12.9		)	118.6
Total liabilities	701.8			705.3		426.2			(78.0		)	1,755.3
Commitments and contingencies
Total stockholders' equity	9.0			869.2		374.1			(1,243.3		)	9.0
Total liabilities and stockholders' equity	$	710.8		$	1,574.5	$	800.3		$	(1,321.3	)	$	1,764.3

Condensed Consolidating Statements of Operations and Comprehensive Income (Loss)

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	827.9		$	185.2		$	(58.1	)	$	955.0
Cost of goods sold	—			589.9			150.2			(58.5		)	681.6
Gross profit	—			238.0			35.0			0.4			273.4
Operating expenses:
Selling, general and administrative expenses	—			124.0			19.8			—			143.8
Losses (gains) and other expenses, net	0.6			2.7			2.7			—			6.0
Restructuring charges	—			(0.2		)	(0.2		)	—			(0.4		)
Income from equity method investments	(84.2		)	(2.7		)	(2.1		)	86.0			(3.0		)
Operational income from continuing operations	83.6			114.2			14.8			(85.6		)	127.0
Interest expense, net	5.4			(0.4		)	0.7			—			5.7
Other expense, net	—			—			(0.7		)	—			(0.7		)
Income from continuing operations before income taxes	78.2			114.6			14.8			(85.6		)	122.0
Provision for income taxes	(2.1		)	39.0			4.6			0.2			41.7
Income from continuing operations	80.3			75.6			10.2			(85.8		)	80.3
Loss from discontinued operations	—			—			—						—
Net income	$	80.3		$	75.6		$	10.2		$	(85.8	)	$	80.3
Other comprehensive income (loss), net of tax	(4.3		)	(8.6		)	(16.2		)	(1.8		)	(30.9		)
Comprehensive income	$	76.0		$	67.0		$	(6.0	)	$	(87.6	)	$	49.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Nine Months Ended September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	2,268.6		$	520.7		$	(156.0	)	$	2,633.3
Cost of goods sold	—			1,650.7			418.2			(155.4		)	1,913.5
Gross profit	—			617.9			102.5			(0.6		)	719.8
Operating expenses:
Selling, general and administrative expenses	—			362.0			68.0			—			430.0
Losses (gains) and other expenses, net	1.1			7.7			6.2			(0.1		)	14.9
Restructuring charges	—			(0.5		)	2.3			—			1.8
Income from equity method investments	(187.2		)	(0.3		)	(9.3		)	185.0			(11.8		)
Operational income from continuing operations	186.1			249.0			35.3			(185.5		)	284.9
Interest expense, net	17.1			(1.5		)	2.3			—			17.9
Other expense, net	—			—			(0.7		)	—			(0.7		)
Income from continuing operations before income taxes	169.0			250.5			33.7			(185.5		)	267.7
Provision for income taxes	(6.3		)	87.2			11.2			(0.2		)	91.9
Income from continuing operations	175.3			163.3			22.5			(185.3		)	175.8
Loss from discontinued operations	—			—			(0.5		)	—			(0.5		)
Net income	$	175.3		$	163.3		$	22.0		$	(185.3	)	$	175.3
Other comprehensive income (loss), net of tax	(2.9		)	(13.8		)	(36.4		)	(3.2		)	(56.3		)
Comprehensive income	$	172.4		$	149.5		$	(14.4	)	$	(188.5	)	$	119.0

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended September 30, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	736.2		$	213.5		$	(51.3	)	$	898.4
Cost of goods sold	—			538.8			164.5			(52.0		)	651.3
Gross profit	—			197.4			49.0			0.7			247.1
Operating expenses:
Selling, general and administrative expenses	—			127.4			13.5			—			140.9
Losses (gains) and other expenses, net	(0.1		)	1.2			1.0			—			2.1
Restructuring charges	—			(0.1		)	1.1			—			1.0
Income from equity method investments	(69.7		)	(6.4		)	(2.7		)	75.3			(3.5		)
Operational income from continuing operations	69.8			75.3			36.1			(74.6		)	106.6
Interest expense, net	3.6			(0.7		)	1.1			—			4.0
Other expense, net	—			—			—			—			—
Income from continuing operations before income taxes	66.2			76.0			35.0			(74.6		)	102.6
Provision for income taxes	(1.2		)	24.1			11.9			0.3			35.1
Income from continuing operations	67.4			51.9			23.1			(74.9		)	67.5
Loss from discontinued operations	—			—			(0.1		)	—			(0.1		)
Net income	$	67.4		$	51.9		$	23.0		$	(74.9	)	$	67.4
Other comprehensive income, net of tax	(1.1		)	(6.7		)	(17.2		)	(1.0		)	(26.0		)
Comprehensive income	$	66.3		$	45.2		$	5.8		$	(75.9	)	$	41.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Nine Months Ended September 30, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	2,089.0		$	606.5		$	(140.9	)	$	2,554.6
Cost of goods sold	—			1,555.1			460.9			(139.3		)	1,876.7
Gross profit	—			533.9			145.6			(1.6		)	677.9
Operating expenses:
Selling, general and administrative expenses	—			362.9			62.6			—			425.5
Losses and other expenses, net	(0.3		)	2.3			1.5						3.5
Restructuring charges	—			—			1.3			—			1.3
Income from equity method investments	(167.6		)	(21.0		)	(9.8		)	186.4			(12.0		)
Operational income from continuing operations	167.9			189.7			90.0			(188.0		)	259.6
Interest expense, net	10.1			(2.2		)	3.1			—			11.0
Other expense, net	—			—			—			—			—
Income from continuing operations before income taxes	157.8			191.9			86.9			(188.0		)	248.6
Provision for income taxes	(3.4		)	60.0			30.5			(0.5		)	86.6
Income from continuing operations	161.2			131.9			56.4			(187.5		)	162.0
Loss from discontinued operations	—			—			(0.8		)	—			(0.8		)
Net income	$	161.2		$	131.9		$	55.6		$	(187.5	)	$	161.2
Other comprehensive income (loss), net of tax	(1.1		)	(1.8		)	(11.8		)	(1.1		)	(15.8		)
Comprehensive income	$	160.1		$	130.1		$	43.8		$	(188.6	)	$	145.4

Condensed Consolidating Statements of Cash Flows

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Nine Months Ended September 30, 2015



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	(27.3	)	$	138.2		$	(4.0	)	$	—	$	106.9
Cash flows from investing activities:
Purchases of property, plant and equipment	—			(40.3		)	(6.7		)	—		(47.0		)
Net cash used in investing activities	—			(40.3		)	(6.7		)	—		(47.0		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			0.8			—		0.8
Asset securitization borrowings	—			—			40.0			—		40.0
Asset securitization payments	—			—			(40.0		)	—		(40.0		)
Long-term debt payments	(22.5		)	(0.8		)	(0.2		)	—		(23.5		)
Borrowings from credit facility	1,401.0			—			—			—		1,401.0
Payments on credit facility	(1,385.0		)	—			—			—		(1,385.0		)
Proceeds from employee stock purchases	1.8			—			—			—		1.8
Repurchases of common stock	—			—			—			—		—
Repurchases of common stock to satisfy employee withholding tax obligations	(23.5		)	—			—			—		(23.5		)
Excess tax benefits related to share-based payments	18.6			—			—			—		18.6
Intercompany financing activity	(37.7		)	10.2			27.5			—		—
Intercompany investments	118.0			(106.3		)	(11.7		)	—		—
Cash dividends paid	(43.1		)	—			—			—		(43.1		)
Net cash provided by financing activities	27.6			(96.9		)	16.4			—		(52.9		)
Increase in cash and cash equivalents	0.3			1.0			5.7			—		7.0
Effect of exchange rates on cash and cash equivalents	—			—			(9.4		)	—		(9.4		)
Cash and cash equivalents, beginning of period	1.0			11.5			25.0			—		37.5
Cash and cash equivalents, end of period	$	1.3		$	12.5		$	21.3		$	—	$	35.1

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Nine Months Ended September 30, 2014



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	13.4		$	72.1		$	(62.0	)	$	—	$	23.5
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			0.2			—			—		0.2
Purchases of property, plant and equipment	—			(45.5		)	(14.4		)	—		(59.9		)
Net cash used in investing activities	—			(45.3		)	(14.4		)	—		(59.7		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			3.4			—		3.4
Asset securitization borrowings	—			—			60.0			—		60.0
Asset securitization payments	—			—			—			—		—
Long-term debt payments	—			(1.4		)	(0.3		)	—		(1.7		)
Borrowings from credit facility	1,483.0			—			—			—		1,483.0
Payments on credit facility	(1,351.0		)	—			—			—		(1,351.0		)
Proceeds from employee stock purchases	1.5			—			—			—		1.5
Repurchases of common stock	(100.3		)	—			—			—		(100.3		)
Repurchases of common stock to satisfy employee withholding tax obligations	(12.3		)	—			—			—		(12.3		)
Excess tax benefits related to share-based payments	5.3			—			—			—		5.3
Intercompany debt	(12.5		)	(0.8		)	13.3			—		—
Intercompany financing activity	11.5			(17.0		)	5.5			—		—
Intercompany investments	—			(3.0		)	3.0			—		—
Cash dividends paid	(38.2		)	—			—			—		(38.2		)
Net cash used in financing activities	(13.0		)	(22.2		)	84.9			—		49.7
Decrease in cash and cash equivalents	0.4			4.6			8.5			—		13.5
Effect of exchange rates on cash and cash equivalents	—			—			(3.4		)	—		(3.4		)
Cash and cash equivalents, beginning of period	1.1			10.5			26.4			—		38.0
Cash and cash equivalents, end of period	$	1.5		$	15.1		$	31.5		$	—	$	48.1

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Components of inventories
Finished goods	$ 353.5	$ 338.2
Work in process	8.9	8.1
Raw materials and repair parts	188.8	182.6
Gross inventories	551.2	528.9
Excess of current cost over last-in, first-out cost	(62.9)	(65.6)
Total inventories, net	$ 488.3	$ 463.3

Goodwill (Details) $ in Millions	9 Months Ended
Goodwill (Details) $ in Millions	Sep. 30, 2015 USD ($)
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 209.4
Acquisitions/(Dispositions)	0.0
Other	(9.6)
Goodwill, Ending Balance	199.8
Residential Heating & Cooling [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	26.1
Acquisitions/(Dispositions)	0.0
Other	0.0
Goodwill, Ending Balance	26.1
Commercial Heating & Cooling [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	62.3
Acquisitions/(Dispositions)	0.0
Other	(1.2)
Goodwill, Ending Balance	61.1
Refrigeration [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	121.0
Acquisitions/(Dispositions)	0.0
Other	(8.4)
Goodwill, Ending Balance	$ 112.6

Derivatives (Details) - Cash Flow Hedging [Member] - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized losses on unsettled futures contracts	$ 12.3	$ 7.2
Income tax benefit	(4.5)	(2.6)
Losses included in AOCI, net of tax	7.8	$ 4.6
Cash flow hedge derivative losses expected to be reclassified into earnings within the next 12 months	$ 6.8

Derivatives (Details 1) lb in Millions, $ in Millions	Sep. 30, 2015 MXN ($) lb	Dec. 31, 2014 MXN ($) lb
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Copper [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount	29.0	29.4
Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Mexico, Pesos
Derivative [Line Items]
Derivative, notional amount \| $	$ 250.9	$ 0.0
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Copper [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount	3.3	2.9
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Aluminum [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount	2.5	2.2
Not Designated as Hedging Instrument [Member] \| Foreign Exchange Forward [Member] \| Mexico, Pesos
Derivative [Line Items]
Derivative, notional amount \| $	$ 0.0	$ 229.7

Derivatives (Details 2) - Not Designated as Hedging Instrument [Member] - Foreign Exchange Forward [Member] ₽ in Millions, € in Millions, zł in Millions, R$ in Millions, $ in Millions, $ in Millions	Sep. 30, 2015 USD ($)	Sep. 30, 2015 RUB (₽)	Sep. 30, 2015 MXN ($)	Sep. 30, 2015 EUR (€)	Sep. 30, 2015 PLN (zł)	Sep. 30, 2015 BRL (R$)	Dec. 31, 2014 USD ($)	Dec. 31, 2014 RUB (₽)	Dec. 31, 2014 MXN ($)	Dec. 31, 2014 EUR (€)	Dec. 31, 2014 PLN (zł)	Dec. 31, 2014 BRL (R$)
Brazil, Brazil Real
Derivative [Line Items]
Derivative, notional amount \| R$						R$ 0.0						R$ 8.7
Mexico, Pesos
Derivative [Line Items]
Derivative, notional amount			$ 0.0						$ 229.7
United States of America, Dollars
Derivative [Line Items]
Derivative, notional amount	$ 7.1						$ 4.5
Euro Member Countries, Euro
Derivative [Line Items]
Derivative, notional amount \| €				€ 6.0						€ 3.6
Poland, Zlotych
Derivative [Line Items]
Derivative, notional amount \| zł					zł 29.9						zł 30.6
Russia, Rubles
Derivative [Line Items]
Derivative, notional amount \| ₽		₽ 94.4						₽ 80.8

Derivatives (Details 3) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	$ 0.0	$ 0.0
Derivative Liability, Fair Value	12.4	7.2
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.0	0.0
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Assets Non Current [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.0	0.0
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	10.4	6.7
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Liabilities Non Current [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	1.5	0.5
Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.0	0.0
Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	0.4	0.0
Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Other Liabilities Non Current [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	0.1	0.0
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.1	0.3
Derivative Liability, Fair Value	1.8	0.8
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.0	0.0
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Assets Non Current [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.0	0.0
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	1.4	0.7
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Liabilities Non Current [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	0.3	0.1
Not Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value	0.1	0.3
Not Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	0.1	0.0
Not Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Other Liabilities Non Current [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value	$ 0.0	$ 0.0

Derivatives (Details 4) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Derivatives (Details 4) - USD ($) $ in Millions	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Cost of Goods Sold [Member]
Amount of Loss or (Gain) Reclassified from AOCI into Income (Effective Portion):
Effective portion	$ 3.2	$ 1.0	$ 9.4	$ 4.9
Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Other Expense [Member]
Amount of (Gain) or Loss Recognized in Income on Derivatives (Ineffective Portion):
Ineffective portion	0.0	0.0	0.0	0.1
Not Designated as Hedging Instrument [Member]
Amount of (Gain) or Loss Recognized in Income on Derivatives (Ineffective Portion):
Amount of loss (gain) recognized in net income	1.4	0.1	2.4	0.5
Not Designated as Hedging Instrument [Member] \| Other Expense [Member] \| Commodity Futures Contracts [Member]
Amount of (Gain) or Loss Recognized in Income on Derivatives (Ineffective Portion):
Amount of loss (gain) recognized in net income	1.4	0.3	2.2	0.6
Not Designated as Hedging Instrument [Member] \| Other Expense [Member] \| Foreign Currency Forward Contracts [Member]
Amount of (Gain) or Loss Recognized in Income on Derivatives (Ineffective Portion):
Amount of loss (gain) recognized in net income	$ 0.0	$ (0.2)	$ 0.2	$ (0.1)

Income Taxes (Details Textual) $ in Millions	Sep. 30, 2015 USD ($)
Income Tax Disclosure [Abstract]
Total gross unrecognized tax benefits	$ 1.6
Amount of unrecognized tax benefits that would be recorded through consolidated statement of operation	1.2
Interest and penalties in income tax expenses	$ 0.3

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Loss Contingencies [Line Items]
Probable outstanding liability for quality issue, lower range		$ 0.7
Probable outstanding liability for quality issue, higher range		4.0
Product liability accrual				$ 1.7
Receivable from the supplier				$ 2.3
Product liability expense	$ 1.2
Expense fo asbestos-related litigation		1.0	$ 1.0
Loss contingency charge	2.4
Damages from Product Defects [Member]
Loss Contingencies [Line Items]
Loss contingency accrual	$ 2.4	$ 2.4

Commitments and Contingencies (Details 2) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Total liabilities for estimated warranty
Accrued expenses	$ 25.6	$ 27.3
Other liabilities	66.1	59.9
Total liabilities for estimated warranty	$ 91.7	$ 87.2

Commitments and Contingencies (Details 3) $ in Millions	9 Months Ended
Commitments and Contingencies (Details 3) $ in Millions	Sep. 30, 2015 USD ($)
Changes in the total warranty liabilities
Total warranty liability, Beginning Balance	$ 87.2
Warranty claims paid	(19.7)
Changes resulting from issuance of new warranties	27.4
Change in estimates associated with pre-existing liabilities	(1.6)
Changes in foreign currency translation rates and other	(1.6)
Total warranty liability, Ending Balance	$ 91.7

Lines of Credit and Financing Arrangements (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Short-Term Debt:
Short-term Debt	$ 226.3	$ 226.6
Current maturities of long-term debt:
Capital lease obligations	1.2	1.5
Total current maturities of long-term debt	23.7	24.0
Long-Term Debt:
Capital lease obligations	15.0	15.5
Total long-term debt	668.0	675.0
Total debt	918.0	925.6
Domestic revolving credit facility [Member]
Current maturities of long-term debt:
Domestic credit facility	22.5	22.5
Long-Term Debt:
Long-term debt	453.0	459.5
Senior unsecured notes [Member]
Long-Term Debt:
Long-term debt	200.0	200.0
Asset Securitization [Member]
Short-Term Debt:
Short-term Debt	220.0	220.0
Foreign obligations [Member]
Short-Term Debt:
Short-term Debt	$ 6.3	$ 6.6

Lines of Credit and Financing Arrangements (Details 2) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Eligible amounts available and beneficial interests sold
Eligible amount available under the ASP on qualified accounts receivable	$ 220.0	$ 220.0
Beneficial Interests Sold under Asset Securitization	220.0	220.0
Remaining amount available	$ 0.0	$ 0.0

Lines of Credit and Financing Arrangements (Details 3)	Sep. 30, 2015	Dec. 31, 2014
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Weighted average borrowing rate	1.69%	1.88%

Lines of Credit and Financing Arrangements (Details Textual) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Short-term Debt [Line Items]
Short-term Debt	$ 226.3		$ 226.6
Foreign obligations [Member]
Short-term Debt [Line Items]
Short-term Debt	6.3		$ 6.6
Proceeds from Short-term Debt	63.6	$ 73.1
Repayments of Short-term Debt	$ 61.7	$ 65.6

Lines of Credit and Financing Arrangements (Details Textual 1)	1 Months Ended	9 Months Ended
	Jun. 30, 2015 USD ($)	Sep. 30, 2015 USD ($)	Dec. 31, 2014	Nov. 30, 2014 USD ($)	Nov. 13, 2014 USD ($)	Nov. 12, 2014 USD ($)
Line of Credit Facility [Line Items]
Maximum securitization as percentage of net pool balance		100.00%
Program fee		0.60%
Average floating commercial paper rate		0.82%	0.79%
Unused fee		101.00%
Fixed rate of agreement		0.30%
Unused fee charged on incremental available amounts		$ 0.0005
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Borrowings under Domestic Revolving Credit Facility		475,500,000
Committed standby letters of credit		4,400,000
Available for future borrowings		447,600,000
Maximum [Member]
Line of Credit Facility [Line Items]
Maximum securitization, amount		220,000,000
Minimum [Member]
Line of Credit Facility [Line Items]
Maximum securitization, amount		180,000,000		$ 180,000,000
Domestic Credit Facility [Member]
Line of Credit Facility [Line Items]
Domestic Revolving Credit Facility					$ 950,000,000
Domestic Credit Facility [Member] \| Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum increase in borrowings under Domestic Revolving Credit Facility		$ 350,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Domestic Revolving Credit Facility					650,000,000	$ 650,000,000
Revolving Credit Facility [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Indebtedness to adjusted EBITDA ratio		3.5
Revolving Credit Facility [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Cash flow to net interest expense ratio		3.0
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Domestic Revolving Credit Facility		$ 150,000,000
Subfacility for Swingline Loans [Member]
Line of Credit Facility [Line Items]
Domestic Revolving Credit Facility		65,000,000
Medium-term Notes [Member] \| Domestic Credit Facility [Member]
Line of Credit Facility [Line Items]
Face amount of debt		278,000,000			$ 300,000,000
Periodic payments	$ 22,500,000	$ 7,500,000

Lines of Credit and Financing Arrangements (Details Textual 2) $ in Millions	9 Months Ended
	Sep. 30, 2015 USD ($)
Line of Credit [Member]
Line of Credit Facility [Line Items]
Minimum amount of principal or interest due on indebtedness or receivable securitization	$ 75.0

Lines of Credit and Financing Arrangements (Details Textual 3) - Senior Notes [Member] - USD ($)	9 Months Ended
	Sep. 30, 2015	May 31, 2010
Debt Instrument [Line Items]
Senior unsecured notes		$ 200,000,000
Fixed interest rate for senior unsecured notes	4.90%
Maturity date of senior unsecured notes	May 15, 2017
Minimum principal amount accelerated	$ 75,000,000.0
Notice Date	30 days

Pension and Post-retirement Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 1.2	$ 1.1	$ 3.6	$ 3.2
Interest cost	4.3	4.4	12.9	13.3
Expected return on plan assets	(5.3)	(5.7)	(16.0)	(17.0)
Amortization of prior service cost	0.0	0.1	0.0	0.2
Recognized actuarial loss	2.4	1.6	7.2	4.9
Settlements and curtailments	0.0	0.0	0.4	0.0
Net periodic benefit cost	2.6	1.5	8.1	4.6
Other Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0.0	0.0	0.0	0.0
Interest cost	0.1	0.1	0.2	0.1
Expected return on plan assets	0.0	0.0	0.0	0.0
Amortization of prior service cost	(0.8)	(0.8)	(2.4)	(2.2)
Recognized actuarial loss	0.4	0.4	1.2	1.1
Settlements and curtailments	0.0	0.0	0.0	0.0
Net periodic benefit cost	$ (0.3)	$ (0.3)	$ (1.0)	$ (1.0)

Stock-Based Compensation (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Stock-Based Compensation (Details) - USD ($) $ in Millions	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	$ 7.7	$ 6.6	$ 18.5	$ 17.3

Stock Repurchases (Details) - USD ($) shares in Millions, $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Stockholders' Equity Note [Abstract]
Stock repurchase program, authorized amount	$ 1,400.0
Stock repurchase program, remaining authorized amount	$ 396.0
Shares repurchased from employees who surrendered shares to satisfy minimum tax withholding obligations	0.2
Shares repurchased from employees who surrendered shares to satisfy minimum tax withholding obligations, value	$ 23.5	$ 12.3

Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Comprehensive Income (Details) - USD ($) $ in Millions	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	$ (681.6)	$ (651.3)	$ (1,913.5)	$ (1,876.7)
Income tax expense	(41.7)	(35.1)	(91.9)	(86.6)
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications from AOCI	(3.3)	(1.4)	(10.1)	(5.6)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Gains/(Losses) on cash flow hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense	1.2	0.4	3.2	1.8
Total reclassifications from AOCI	(2.0)	(0.6)	(6.2)	(3.1)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Accumulated Defined Benefit Plans Adjustment [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	(2.0)	(1.3)	(6.1)	(4.0)
Income tax expense	0.7	0.5	2.2	1.5
Total reclassifications from AOCI	(1.3)	(0.8)	(3.9)	(2.5)
Reclassification out of Accumulated Other Comprehensive Income [Member] \| Commodity derivative contracts [Member] \| Gains/(Losses) on cash flow hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold	$ (3.2)	$ (1.0)	$ (9.4)	$ (4.9)

Comprehensive Income (Details 1) $ in Millions	9 Months Ended
Comprehensive Income (Details 1) $ in Millions	Sep. 30, 2015 USD ($)
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of December 31, 2014	$ (153.5)
Other comprehensive income (loss) before reclassifications	(66.4)
Amounts reclassified from AOCL	10.1
Net other comprehensive income (loss)	(56.3)
Balance as of September 30, 2015	(209.8)
Gains / (Losses) on Cash Flow Hedges [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of December 31, 2014	(4.6)
Other comprehensive income (loss) before reclassifications	(9.4)
Amounts reclassified from AOCL	6.2
Net other comprehensive income (loss)	(3.2)
Balance as of September 30, 2015	(7.8)
Unrealized Gains on Available-for-Sale Securities [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of December 31, 2014	3.2
Other comprehensive income (loss) before reclassifications	1.8
Amounts reclassified from AOCL	0.0
Net other comprehensive income (loss)	1.8
Balance as of September 30, 2015	5.0
Defined Benefit Pension Plan Items [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of December 31, 2014	(149.4)
Other comprehensive income (loss) before reclassifications	(2.7)
Amounts reclassified from AOCL	3.9
Net other comprehensive income (loss)	1.2
Balance as of September 30, 2015	(148.2)
Foreign Currency Translation Adjustments [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of December 31, 2014	(2.7)
Other comprehensive income (loss) before reclassifications	(56.1)
Amounts reclassified from AOCL	0.0
Net other comprehensive income (loss)	(56.1)
Balance as of September 30, 2015	$ (58.8)

- 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.

+ References + Details

Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Restructuring Charges (Details) - USD ($) $ in Millions	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Information regarding restructuring charges
Charges Incurred in 2015			$ 1.8
Charges Incurred to Date	$ 12.4		12.4
Total Charges Expected to be Incurred	12.4		12.4
Details activity within the restructuring reserves
Beginning balance			1.6
Restructuring charges	(0.4)	$ 1.0	1.8	$ 1.3
Cash Utilization			(2.0)
Non-Cash Utilization and Other			(0.5)
Ending balance	0.9		0.9
Residential Heating & Cooling [Member]
Information regarding restructuring charges
Charges Incurred in 2015			(0.1)
Charges Incurred to Date	1.4		1.4
Total Charges Expected to be Incurred	1.4		1.4
Commercial Heating & Cooling [Member]
Information regarding restructuring charges
Charges Incurred in 2015			0.0
Charges Incurred to Date	0.9		0.9
Total Charges Expected to be Incurred	0.9		0.9
Refrigeration [Member]
Information regarding restructuring charges
Charges Incurred in 2015			1.9
Charges Incurred to Date	10.1		10.1
Total Charges Expected to be Incurred	10.1		10.1
Corporate & other [Member]
Information regarding restructuring charges
Charges Incurred in 2015			0.0
Charges Incurred to Date	0.0		0.0
Total Charges Expected to be Incurred	0.0		0.0
Employee Severance [Member]
Information regarding restructuring charges
Charges Incurred in 2015			1.2
Charges Incurred to Date	8.1		8.1
Total Charges Expected to be Incurred	8.1		8.1
Details activity within the restructuring reserves
Beginning balance			1.5
Restructuring charges			1.2
Cash Utilization			(1.7)
Non-Cash Utilization and Other			(0.2)
Ending balance	0.8		0.8
Reduced Depreciation [Member]
Information regarding restructuring charges
Charges Incurred in 2015			0.2
Charges Incurred to Date	2.0		2.0
Total Charges Expected to be Incurred	2.0		2.0
Details activity within the restructuring reserves
Beginning balance			0.0
Restructuring charges			0.2
Cash Utilization			(0.1)
Non-Cash Utilization and Other			(0.1)
Ending balance	0.0		0.0
Machinery and Equipment [Member]
Information regarding restructuring charges
Charges Incurred in 2015			0.0
Charges Incurred to Date	0.0		0.0
Total Charges Expected to be Incurred	0.0		0.0
Details activity within the restructuring reserves
Beginning balance			0.1
Restructuring charges			0.0
Cash Utilization
Non-Cash Utilization and Other
Ending balance	0.1		0.1
Contract Termination [Member]
Information regarding restructuring charges
Charges Incurred in 2015			0.0
Charges Incurred to Date	0.0		0.0
Total Charges Expected to be Incurred	0.0		0.0
Details activity within the restructuring reserves
Beginning balance			0.0
Restructuring charges			0.0
Cash Utilization
Non-Cash Utilization and Other
Ending balance	0.0		0.0
Other Restructuring [Member]
Information regarding restructuring charges
Charges Incurred in 2015			0.4
Charges Incurred to Date	2.3		2.3
Total Charges Expected to be Incurred	2.3		2.3
Details activity within the restructuring reserves
Beginning balance			0.0
Restructuring charges			0.4
Cash Utilization			(0.2)
Non-Cash Utilization and Other			(0.2)
Ending balance	$ 0.0		$ 0.0

Discontinued Operations (Details Textual) - USD ($) $ in Millions		1 Months Ended
	Mar. 22, 2013	Apr. 30, 2012
Hearth [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Businesses		$ 10.1
Service Experts [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Businesses	$ 10.4

Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Discontinued Operations (Details) - USD ($) $ in Millions	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Service Experts [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net trade sales	$ 0.0	$ 0.0	$ 0.0	$ 0.0
Pre-tax operating income (loss)	0.0	0.0	(0.9)	1.1
Gain (loss) on sale of business	0.0	0.0	0.0	0.0
Hearth [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net trade sales	0.0	0.0	0.0	0.0
Pre-tax operating income (loss)	0.0	(0.2)	0.0	(2.4)
Gain (loss) on sale of business	$ 0.0	$ 0.0	$ 0.0	$ 0.0

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
Net income	$ 80.3	$ 67.4	$ 175.3	$ 161.2
Add: Loss from discontinued operations	0.0	0.1	0.5	0.8
Income from continuing operations	$ 80.3	$ 67.5	$ 175.8	$ 162.0
Weighted-average shares outstanding - basic	45.0	48.3	44.9	48.7
Effect of diluted securities attributable to stock-based payments	0.6	0.7	0.7	0.8
Weighted-average shares outstanding - diluted	45.6	49.0	45.6	49.5
Earnings per share:
Income from continuing operations, Basic (in dollars per share)	$ 1.78	$ 1.40	$ 3.92	$ 3.33
Loss from discontinued operations, Basic (in dollars per share)	0.00	0.00	(0.01)	(0.02)
Net income (in dollars per share)	1.78	1.40	3.91	3.31
Income from continuing operations, Diluted (in dollars per share)	1.76	1.38	3.86	3.27
Loss from discontinued operations, Diluted (in dollars per share)	0.00	0.00	(0.01)	(0.01)
Net income (in dollars per share)	$ 1.76	$ 1.38	$ 3.85	$ 3.26

Earnings Per Share (Details 1) - $ / shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0.0	0.3	0.2	0.3
Minimum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Net Income, Per Outstanding Unit, Amount	$ 0.00	$ 81.11	$ 92.64	$ 81.11
Maximum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Net Income, Per Outstanding Unit, Amount	$ 0.00	$ 81.14	$ 92.64	$ 81.14

Reportable Business Segments (Details)	9 Months Ended
Reportable Business Segments (Details)	Sep. 30, 2015 Segment
Segment Reporting Information [Line Items]
Number of reportable business segments	3
Residential Heating & Cooling [Member]
Segment Reporting Information [Line Items]
Product or Services	Furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, replacement parts
Markets Served	Residential Replacement; Residential New Construction
Commercial Heating & Cooling [Member]
Segment Reporting Information [Line Items]
Product or Services	Unitary heating and air conditioning equipment, applied systems, controls, installation and service of commercial heating and cooling equipment
Markets Served	Light Commercial
Refrigeration [Member]
Segment Reporting Information [Line Items]
Product or Services	Condensing units, unit coolers, fluid coolers, air cooled condensers, air handlers, process chillers, controls, compressorized racks, supermarket display cases and systems
Markets Served	Light Commercial; Food Preservation; Non-Food/Industrial

Reportable Business Segments (Details 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net Sales
Net Sales	$ 955.0	$ 898.4	$ 2,633.3	$ 2,554.6
Segment Profit (Loss)
Subtotal that includes segment profit and eliminations	131.2	110.6	296.9	264.6
Reconciliation to income from continuing operations before income taxes:
Special product quality adjustment	0.7	0.2	(0.6)	(0.1)
Items in (Gains) losses and other expenses, net that are excluded from segment profit	3.9	1.8	10.8	2.8
Restructuring charges	(0.4)	1.0	1.8	1.3
Interest expense, net	5.7	4.0	17.9	11.0
Special inventory write down	0.0	1.0	0.0	1.0
Other expense (income), net	(0.7)	0.0	(0.7)	0.0
Income from continuing operations before income taxes	122.0	102.6	267.7	248.6
Residential Heating & Cooling [Member]
Net Sales
Net Sales	517.9	462.6	1,435.6	1,332.5
Segment Profit (Loss)
Subtotal that includes segment profit and eliminations	90.1	69.4	221.3	178.8
Commercial Heating & Cooling [Member]
Net Sales
Net Sales	246.8	241.6	660.3	655.6
Segment Profit (Loss)
Subtotal that includes segment profit and eliminations	44.8	42.2	95.5	91.3
Refrigeration [Member]
Net Sales
Net Sales	190.3	194.2	537.4	566.5
Segment Profit (Loss)
Subtotal that includes segment profit and eliminations	20.3	16.5	37.5	42.3
Corporate & other [Member]
Segment Profit (Loss)
Subtotal that includes segment profit and eliminations	$ (24.0)	$ (17.5)	$ (57.4)	$ (47.8)

Fair Value Measurements (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Investment in marketable equity securities	$ 7.1	$ 5.3

Fair Value Measurements (Details 1) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Quoted Prices in Active Markets for Similar Instruments (Level 2) \| Senior unsecured notes [Member]
Other Fair Value Measurements
Senior unsecured notes	$ 210.3	$ 210.6

Condensed Consolidating Financial Statements (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Current Assets:
Cash and cash equivalents	$ 35.1	$ 37.5	$ 48.1	$ 38.0
Accounts and notes receivable, net	537.7	421.4
Inventories, net	488.3	463.3
Deferred income taxes, net	31.9	32.5
Other assets	58.9	59.3
Total current assets	1,151.9	1,014.0
Property, plant and equipment, net	345.3	358.6
Goodwill	199.8	209.4
Investments in subsidiaries	0.0	0.0
Deferred income taxes	97.9	97.5
Other assets, net	86.6	84.8
Intercompany receivables (payables)	0.0	0.0
Total assets	1,881.5	1,764.3
Current Liabilities:
Short-term debt	226.3	226.6
Current maturities of long-term debt	23.7	24.0
Accounts payable	337.7	324.3
Accrued expenses	251.9	239.0
Income taxes payable	13.8	13.4
Total current liabilities	853.4	827.3
Long-term debt	668.0	675.0
Post-retirement benefits, other than pensions	2.9	4.5
Pensions	134.2	129.9
Other liabilities	125.5	118.6
Total liabilities	1,784.0	1,755.3
Commitments and contingencies
Total stockholders’ equity	97.5	9.0
Total liabilities and stockholders' equity	1,881.5	1,764.3
Parent [Member]
Current Assets:
Cash and cash equivalents	1.3	1.0	1.5	1.1
Accounts and notes receivable, net	0.0	0.0
Inventories, net	0.0	0.0
Deferred income taxes, net	3.3	2.8
Other assets	3.3	3.6
Total current assets	7.9	7.4
Property, plant and equipment, net	0.0	0.0
Goodwill	0.0	0.0
Investments in subsidiaries	1,111.9	978.1
Deferred income taxes	2.4	0.5
Other assets, net	4.5	5.2
Intercompany receivables (payables)	(360.7)	(280.4)
Total assets	766.0	710.8
Current Liabilities:
Short-term debt	0.0	0.0
Current maturities of long-term debt	22.5	22.5
Accounts payable	16.2	13.4
Accrued expenses	15.7	9.0
Income taxes payable	(41.3)	(3.7)
Total current liabilities	13.1	41.2
Long-term debt	653.0	659.5
Post-retirement benefits, other than pensions	0.0	0.0
Pensions	0.0	0.0
Other liabilities	2.4	1.1
Total liabilities	668.5	701.8
Commitments and contingencies
Total stockholders’ equity	97.5	9.0
Total liabilities and stockholders' equity	766.0	710.8
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	12.5	11.5	15.1	10.5
Accounts and notes receivable, net	42.1	12.3
Inventories, net	376.1	350.6
Deferred income taxes, net	27.4	27.3
Other assets	48.7	45.7
Total current assets	506.8	447.4
Property, plant and equipment, net	268.3	269.0
Goodwill	140.4	140.4
Investments in subsidiaries	394.7	263.5
Deferred income taxes	91.4	90.8
Other assets, net	59.8	61.0
Intercompany receivables (payables)	357.6	302.4
Total assets	1,819.0	1,574.5
Current Liabilities:
Short-term debt	0.0	0.0
Current maturities of long-term debt	0.9	1.2
Accounts payable	255.9	237.8
Accrued expenses	181.8	175.5
Income taxes payable	94.8	34.7
Total current liabilities	533.4	449.2
Long-term debt	14.8	15.3
Post-retirement benefits, other than pensions	2.9	4.5
Pensions	123.4	117.6
Other liabilities	125.6	118.7
Total liabilities	800.1	705.3
Commitments and contingencies
Total stockholders’ equity	1,018.9	869.2
Total liabilities and stockholders' equity	1,819.0	1,574.5
Non-Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	21.3	25.0	31.5	26.4
Accounts and notes receivable, net	495.6	409.1
Inventories, net	119.6	119.7
Deferred income taxes, net	6.3	7.4
Other assets	65.7	67.2
Total current assets	708.5	628.4
Property, plant and equipment, net	77.0	89.6
Goodwill	59.4	69.0
Investments in subsidiaries	(0.6)	(0.6)
Deferred income taxes	13.7	15.8
Other assets, net	23.8	20.1
Intercompany receivables (payables)	3.1	(22.0)
Total assets	884.9	800.3
Current Liabilities:
Short-term debt	226.3	226.6
Current maturities of long-term debt	0.3	0.3
Accounts payable	65.6	73.1
Accrued expenses	54.4	54.5
Income taxes payable	27.2	47.5
Total current liabilities	373.8	402.0
Long-term debt	0.2	0.2
Post-retirement benefits, other than pensions	0.0	0.0
Pensions	10.8	12.3
Other liabilities	10.4	11.7
Total liabilities	395.2	426.2
Commitments and contingencies
Total stockholders’ equity	489.7	374.1
Total liabilities and stockholders' equity	884.9	800.3
Eliminations [Member]
Current Assets:
Cash and cash equivalents	0.0	0.0	$ 0.0	$ 0.0
Accounts and notes receivable, net	0.0	0.0
Inventories, net	(7.4)	(7.0)
Deferred income taxes, net	(5.1)	(5.0)
Other assets	(58.8)	(57.2)
Total current assets	(71.3)	(69.2)
Property, plant and equipment, net	0.0	0.0
Goodwill	0.0	0.0
Investments in subsidiaries	(1,506.0)	(1,241.0)
Deferred income taxes	(9.6)	(9.6)
Other assets, net	(1.5)	(1.5)
Intercompany receivables (payables)	0.0	0.0
Total assets	(1,588.4)	(1,321.3)
Current Liabilities:
Short-term debt	0.0	0.0
Current maturities of long-term debt	0.0	0.0
Accounts payable	0.0	0.0
Accrued expenses	0.0	0.0
Income taxes payable	(66.9)	(65.1)
Total current liabilities	(66.9)	(65.1)
Long-term debt	0.0	0.0
Post-retirement benefits, other than pensions	0.0	0.0
Pensions	0.0	0.0
Other liabilities	(12.9)	(12.9)
Total liabilities	(79.8)	(78.0)
Commitments and contingencies
Total stockholders’ equity	(1,508.6)	(1,243.3)
Total liabilities and stockholders' equity	$ (1,588.4)	$ (1,321.3)

Condensed Consolidating Financial Statements (Details 1) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Condensed Consolidating Statements of Operations
Net sales	$ 955.0	$ 898.4	$ 2,633.3	$ 2,554.6
Cost of goods sold	681.6	651.3	1,913.5	1,876.7
Gross profit	273.4	247.1	719.8	677.9
Operating Expenses:
Selling, general and administrative expenses	143.8	140.9	430.0	425.5
Losses (gains) and other expenses, net	6.0	2.1	14.9	3.5
Restructuring charges	(0.4)	1.0	1.8	1.3
Income from equity method investments	(3.0)	(3.5)	(11.8)	(12.0)
Operational income from continuing operations	127.0	106.6	284.9	259.6
Interest expense, net	5.7	4.0	17.9	11.0
Other expense (income), net	(0.7)	0.0	(0.7)	0.0
Income from continuing operations before income taxes	122.0	102.6	267.7	248.6
Provision for income taxes	41.7	35.1	91.9	86.6
Income from continuing operations	80.3	67.5	175.8	162.0
Net loss from discontinued operations	0.0	0.1	0.5	0.8
Net income	80.3	67.4	175.3	161.2
Other comprehensive (loss) income	(30.9)	(26.0)	(56.3)	(15.8)
Comprehensive income	49.4	41.4	119.0	145.4
Parent [Member]
Condensed Consolidating Statements of Operations
Net sales	0.0	0.0	0.0	0.0
Cost of goods sold	0.0	0.0	0.0	0.0
Gross profit	0.0	0.0	0.0	0.0
Operating Expenses:
Selling, general and administrative expenses	0.0	0.0	0.0	0.0
Losses (gains) and other expenses, net	0.6	(0.1)	1.1	(0.3)
Restructuring charges	0.0	0.0	0.0	0.0
Income from equity method investments	(84.2)	(69.7)	(187.2)	(167.6)
Operational income from continuing operations	83.6	69.8	186.1	167.9
Interest expense, net	5.4	3.6	17.1	10.1
Other expense (income), net	0.0	0.0	0.0	0.0
Income from continuing operations before income taxes	78.2	66.2	169.0	157.8
Provision for income taxes	(2.1)	(1.2)	(6.3)	(3.4)
Income from continuing operations	80.3	67.4	175.3	161.2
Net loss from discontinued operations	0.0	0.0	0.0	0.0
Net income	80.3	67.4	175.3	161.2
Other comprehensive (loss) income	(4.3)	(1.1)	(2.9)	(1.1)
Comprehensive income	76.0	66.3	172.4	160.1
Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations
Net sales	827.9	736.2	2,268.6	2,089.0
Cost of goods sold	589.9	538.8	1,650.7	1,555.1
Gross profit	238.0	197.4	617.9	533.9
Operating Expenses:
Selling, general and administrative expenses	124.0	127.4	362.0	362.9
Losses (gains) and other expenses, net	2.7	1.2	7.7	2.3
Restructuring charges	(0.2)	(0.1)	(0.5)	0.0
Income from equity method investments	(2.7)	(6.4)	(0.3)	(21.0)
Operational income from continuing operations	114.2	75.3	249.0	189.7
Interest expense, net	(0.4)	(0.7)	(1.5)	(2.2)
Other expense (income), net	0.0	0.0	0.0	0.0
Income from continuing operations before income taxes	114.6	76.0	250.5	191.9
Provision for income taxes	39.0	24.1	87.2	60.0
Income from continuing operations	75.6	51.9	163.3	131.9
Net loss from discontinued operations	0.0	0.0	0.0	0.0
Net income	75.6	51.9	163.3	131.9
Other comprehensive (loss) income	(8.6)	(6.7)	(13.8)	(1.8)
Comprehensive income	67.0	45.2	149.5	130.1
Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations
Net sales	185.2	213.5	520.7	606.5
Cost of goods sold	150.2	164.5	418.2	460.9
Gross profit	35.0	49.0	102.5	145.6
Operating Expenses:
Selling, general and administrative expenses	19.8	13.5	68.0	62.6
Losses (gains) and other expenses, net	2.7	1.0	6.2	1.5
Restructuring charges	(0.2)	1.1	2.3	1.3
Income from equity method investments	(2.1)	(2.7)	(9.3)	(9.8)
Operational income from continuing operations	14.8	36.1	35.3	90.0
Interest expense, net	0.7	1.1	2.3	3.1
Other expense (income), net	(0.7)	0.0	(0.7)	0.0
Income from continuing operations before income taxes	14.8	35.0	33.7	86.9
Provision for income taxes	4.6	11.9	11.2	30.5
Income from continuing operations	10.2	23.1	22.5	56.4
Net loss from discontinued operations	0.0	0.1	0.5	0.8
Net income	10.2	23.0	22.0	55.6
Other comprehensive (loss) income	(16.2)	(17.2)	(36.4)	(11.8)
Comprehensive income	(6.0)	5.8	(14.4)	43.8
Eliminations [Member]
Condensed Consolidating Statements of Operations
Net sales	(58.1)	(51.3)	(156.0)	(140.9)
Cost of goods sold	(58.5)	(52.0)	(155.4)	(139.3)
Gross profit	0.4	0.7	(0.6)	(1.6)
Operating Expenses:
Selling, general and administrative expenses	0.0	0.0	0.0	0.0
Losses (gains) and other expenses, net	0.0	0.0	(0.1)
Restructuring charges	0.0	0.0	0.0	0.0
Income from equity method investments	86.0	75.3	185.0	186.4
Operational income from continuing operations	(85.6)	(74.6)	(185.5)	(188.0)
Interest expense, net	0.0	0.0	0.0	0.0
Other expense (income), net	0.0	0.0	0.0	0.0
Income from continuing operations before income taxes	(85.6)	(74.6)	(185.5)	(188.0)
Provision for income taxes	0.2	0.3	(0.2)	(0.5)
Income from continuing operations	(85.8)	(74.9)	(185.3)	(187.5)
Net loss from discontinued operations		0.0	0.0	0.0
Net income	(85.8)	(74.9)	(185.3)	(187.5)
Other comprehensive (loss) income	(1.8)	(1.0)	(3.2)	(1.1)
Comprehensive income	$ (87.6)	$ (75.9)	$ (188.5)	$ (188.6)

Condensed Consolidating Financial Statements (Details 2) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Revenue, Net	$ 955.0	$ 898.4	$ 2,633.3	$ 2,554.6
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities			106.9	23.5
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment			0.0	0.2
Purchases of property, plant and equipment			(47.0)	(59.9)
Net cash used in investing activities			(47.0)	(59.7)
Cash flows from financing activities:
Short-term borrowings, net			0.8	3.4
Asset securitization borrowings			40.0	60.0
Asset securitization payments			(40.0)	0.0
Long-term debt payments			(23.5)	(1.7)
Borrowings from credit facility			1,401.0	1,483.0
Payments on credit facility			(1,385.0)	(1,351.0)
Proceeds from employee stock purchases			1.8	1.5
Repurchases of common stock			0.0	(100.3)
Repurchases of common stock to satisfy employee withholding tax obligations			(23.5)	(12.3)
Excess tax benefits related to share-based payments			18.6	5.3
Intercompany debt				0.0
Intercompany financing activity				0.0
Cash dividends paid			(43.1)	(38.2)
Net cash provided by financing activities			(52.9)	49.7
Increase in cash and cash equivalents			7.0	13.5
Effect of exchange rates on cash and cash equivalents			(9.4)	(3.4)
Cash and cash equivalents, beginning of period			37.5	38.0
Cash and cash equivalents, end of period	35.1	48.1	35.1	48.1
Parent [Member]
Condensed Financial Statements, Captions [Line Items]
Revenue, Net	0.0	0.0	0.0	0.0
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities			(27.3)	13.4
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment				0.0
Purchases of property, plant and equipment			0.0	0.0
Net cash used in investing activities			0.0	0.0
Cash flows from financing activities:
Short-term borrowings, net			0.0	0.0
Asset securitization borrowings			0.0	0.0
Asset securitization payments			0.0	0.0
Long-term debt payments			(22.5)	0.0
Borrowings from credit facility			1,401.0	1,483.0
Payments on credit facility			(1,385.0)	(1,351.0)
Proceeds from employee stock purchases			1.8	1.5
Repurchases of common stock			0.0	(100.3)
Repurchases of common stock to satisfy employee withholding tax obligations			(23.5)	(12.3)
Excess tax benefits related to share-based payments			18.6	5.3
Intercompany debt				(12.5)
Intercompany financing activity			(37.7)	11.5
Intercompany investments			118.0
Cash dividends paid			(43.1)	(38.2)
Net cash provided by financing activities			27.6	(13.0)
Increase in cash and cash equivalents			0.3	0.4
Effect of exchange rates on cash and cash equivalents			0.0	0.0
Cash and cash equivalents, beginning of period			1.0	1.1
Cash and cash equivalents, end of period	1.3	1.5	1.3	1.5
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Revenue, Net	827.9	736.2	2,268.6	2,089.0
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities			138.2	72.1
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment				0.2
Purchases of property, plant and equipment			(40.3)	(45.5)
Net cash used in investing activities			(40.3)	(45.3)
Cash flows from financing activities:
Short-term borrowings, net			0.0	0.0
Asset securitization borrowings			0.0	0.0
Asset securitization payments			0.0	0.0
Long-term debt payments			(0.8)	(1.4)
Borrowings from credit facility			0.0	0.0
Payments on credit facility			0.0	0.0
Proceeds from employee stock purchases			0.0	0.0
Repurchases of common stock			0.0	0.0
Repurchases of common stock to satisfy employee withholding tax obligations			0.0	0.0
Excess tax benefits related to share-based payments			0.0	0.0
Intercompany debt				(0.8)
Intercompany financing activity			10.2	(17.0)
Intercompany investments				(3.0)
Intercompany investments			(106.3)
Cash dividends paid			0.0	0.0
Net cash provided by financing activities			(96.9)	(22.2)
Increase in cash and cash equivalents			1.0	4.6
Effect of exchange rates on cash and cash equivalents			0.0	0.0
Cash and cash equivalents, beginning of period			11.5	10.5
Cash and cash equivalents, end of period	12.5	15.1	12.5	15.1
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Revenue, Net	185.2	213.5	520.7	606.5
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities			(4.0)	(62.0)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment				0.0
Purchases of property, plant and equipment			(6.7)	(14.4)
Net cash used in investing activities			(6.7)	(14.4)
Cash flows from financing activities:
Short-term borrowings, net			0.8	3.4
Asset securitization borrowings			40.0	60.0
Asset securitization payments			(40.0)	0.0
Long-term debt payments			(0.2)	(0.3)
Borrowings from credit facility			0.0	0.0
Payments on credit facility			0.0	0.0
Proceeds from employee stock purchases			0.0	0.0
Repurchases of common stock			0.0	0.0
Repurchases of common stock to satisfy employee withholding tax obligations			0.0	0.0
Excess tax benefits related to share-based payments			0.0	0.0
Intercompany debt				13.3
Intercompany financing activity			27.5	5.5
Intercompany investments				3.0
Intercompany investments			(11.7)
Cash dividends paid			0.0	0.0
Net cash provided by financing activities			16.4	84.9
Increase in cash and cash equivalents			5.7	8.5
Effect of exchange rates on cash and cash equivalents			(9.4)	(3.4)
Cash and cash equivalents, beginning of period			25.0	26.4
Cash and cash equivalents, end of period	21.3	31.5	21.3	31.5
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Revenue, Net	(58.1)	(51.3)	(156.0)	(140.9)
Condensed Consolidating Statements of Cash Flows
Cash flows from operating activities			0.0	0.0
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment				0.0
Purchases of property, plant and equipment			0.0	0.0
Net cash used in investing activities			0.0	0.0
Cash flows from financing activities:
Short-term borrowings, net			0.0	0.0
Asset securitization borrowings			0.0	0.0
Asset securitization payments			0.0	0.0
Long-term debt payments			0.0	0.0
Borrowings from credit facility			0.0	0.0
Payments on credit facility			0.0	0.0
Proceeds from employee stock purchases			0.0	0.0
Repurchases of common stock			0.0	0.0
Repurchases of common stock to satisfy employee withholding tax obligations			0.0	0.0
Excess tax benefits related to share-based payments			0.0	0.0
Intercompany debt				0.0
Intercompany financing activity				0.0
Cash dividends paid			0.0	0.0
Net cash provided by financing activities			0.0	0.0
Increase in cash and cash equivalents			0.0	0.0
Effect of exchange rates on cash and cash equivalents			0.0	0.0
Cash and cash equivalents, beginning of period			0.0	0.0
Cash and cash equivalents, end of period	$ 0.0	$ 0.0	$ 0.0	$ 0.0

Condensed Consolidating Financial Statements (Details Textual)	9 Months Ended
	Sep. 30, 2015
Condensed Financial Statements, Captions [Line Items]
Other Parent Company Disclosures	1