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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2018	Jul. 13, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	LENNOX INTERNATIONAL INC
Entity Central Index Key	0001069202
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		40,255,311

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 39.4	$ 68.2
Accounts and notes receivable, net of allowances of $6.2 and $5.9 in 2018 and 2017, respectively	741.3	506.5
Inventories, net	540.2	484.2
Assets held for sale	11.6	0.0
Other assets	53.3	78.4
Total current assets	1,385.8	1,137.3
Property, plant and equipment, net of accumulated depreciation of $757.0 and $774.2 in 2018 and 2017, respectively	371.0	397.8
Goodwill	186.8	200.5
Deferred income taxes	89.2	94.4
Other assets, net	66.6	61.5
Total assets	2,099.4	1,891.5
Current Liabilities:
Short-term debt	3.8	0.9
Current maturities of long-term debt	29.8	32.6
Accounts payable	437.5	348.6
Accrued expenses	253.6	270.3
Liabilities held for sale	7.4	0.0
Income taxes payable	12.0	2.1
Total current liabilities	744.1	654.5
Long-term debt	1,319.0	970.5
Post-retirement benefits, other than pensions	2.5	2.6
Pensions	86.5	84.5
Other liabilities	127.5	129.3
Total liabilities	2,279.6	1,841.4
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	1,068.4	1,061.5
Retained earnings	1,722.8	1,575.9
Accumulated other comprehensive loss	(181.0)	(157.4)
Treasury stock, at cost, 46,920,057 shares and 45,361,145 shares as of June 30, 2018 and December 31, 2017, respectively	(2,791.3)	(2,430.8)
Total stockholders' equity	(180.2)	50.1
Total liabilities and stockholders' equity	$ 2,099.4	$ 1,891.5

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowances, accounts and notes receivable	$ 6.2	$ 5.9
Accumulated depreciation	$ 757.0	$ 774.2
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	46,920,057	45,361,145

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Income Statement [Abstract]
Net sales	$ 1,175.4	$ 1,102.1	$ 2,010.2	$ 1,895.6
Cost of goods sold	813.8	761.3	1,425.5	1,343.8
Gross profit	361.6	340.8	584.7	551.8
Operating Expenses:
Selling, general and administrative expenses	161.4	168.5	316.6	320.9
Losses and other expenses, net	0.2	2.3	7.5	5.4
Restructuring charges	(0.5)	(0.1)	(1.3)	(0.2)
(Gain) loss, net on sale of business and related property	(22.1)	0.0	(11.8)	0.0
Loss on assets held for sale	31.4	0.0	31.4	0.0
Income from equity method investments	(4.9)	(5.5)	(8.4)	(10.9)
Operating income	195.1	175.4	248.1	236.2
Interest expense, net	9.8	8.2	18.2	15.7
Other expense (income), net	0.8	(0.1)	1.4	(0.1)
Income from continuing operations before income taxes	184.5	167.3	228.5	220.6
Provision for income taxes	45.3	50.9	51.4	60.7
Income from continuing operations	139.2	116.4	177.1	159.9
Discontinued Operations:
Income (loss) from discontinued operations before income taxes	0.4	(1.5)	0.4	(1.5)
Income tax expense (benefit)	2.0	(0.6)	2.0	(0.6)
Loss from discontinued operations	(1.6)	(0.9)	(1.6)	(0.9)
Net income	$ 137.6	$ 115.5	$ 175.5	$ 159.0
Earnings per share – Basic:
Income from continuing operations (in dollars per share)	$ 3.42	$ 2.75	$ 4.31	$ 3.76
Loss from discontinued operations (in dollars per share)	(0.04)	(0.02)	(0.04)	(0.02)
Net income (in dollars per share)	3.38	2.73	4.27	3.74
Earnings per share – Diluted:
Income from continuing operations (in dollars per share)	3.39	2.71	4.26	3.70
Loss from discontinued operations (in dollars per share)	(0.04)	(0.02)	(0.04)	(0.02)
Net income (in dollars per share)	$ 3.35	$ 2.69	$ 4.22	$ 3.68
Average shares outstanding:
Weighted Average Number of Shares Outstanding - Basic	40.7	42.3	41.1	42.6
Weighted Average Number of Shares Outstanding - Diluted	41.1	42.9	41.6	43.2
Cash dividends declared per share	$ 0.64	$ 0.51	$ 1.15	$ 0.94

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Proceeds from the disposal of property, plant and equipment			$ 0.1	$ 0.2
Net income	$ 137.6	$ 115.5	175.5	159.0
Other comprehensive income:
Foreign currency translation adjustments	(20.9)	13.3	(12.9)	29.2
Reclassification of foreign currency translation adjustments into earnings	22.9	0.0	22.9	0.0
Net change in pension and post-retirement liabilities	(1.5)	(3.2)	(3.9)	(5.3)
Reclassification of pension and post-retirement benefit losses into earnings	2.4	1.9	4.7	3.6
Change in available-for-sale marketable equity securities	0.0	(0.7)	(1.8)	0.1
Net change in fair value of cash flow hedges	(0.6)	0.6	(5.0)	7.0
Reclassification of cash flow hedge gains into earnings	(2.6)	(2.8)	(7.2)	(5.9)
Other comprehensive (loss) income before income taxes	(0.3)	9.1	(3.2)	28.7
Income tax benefit (expense)	0.6	1.0	(20.4)	(0.1)
Other comprehensive income (loss), net of tax	0.3	10.1	(23.6)	28.6
Comprehensive income	$ 137.9	$ 125.6	$ 151.9	$ 187.6

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income	$ 175.5	$ 159.0
Gain on sale of Australia property	(23.8)	0.0
Loss on the sale of Australia business	12.0	0.0
Loss on Brazil assets held for sale	31.4	0.0
Adjustments to reconcile net income to net cash used in operating activities:
Income from equity method investments	(8.4)	(10.9)
Dividend from Affiliates	2.2	2.5
Restructuring charges, net of cash paid	0.6	0.0
Provision for bad debts	3.3	2.7
Unrealized losses (gains) on derivative contracts	1.3	(3.0)
Stock-based compensation expense	13.6	12.5
Depreciation and amortization	32.8	32.0
Deferred income taxes	(6.2)	(4.9)
Pension expense	4.2	2.4
Pension contributions	(2.2)	(0.4)
Other items, net	0.2	0.2
Changes in assets and liabilities, net of effects of divestitures:
Accounts and notes receivable	(272.1)	(213.8)
Inventories	(115.5)	(114.1)
Other current assets	(2.2)	(5.7)
Accounts payable	109.2	81.3
Accrued expenses	3.2	(9.9)
Income taxes payable and receivable	15.1	16.2
Other	(9.2)	5.6
Net cash used in operating activities	(35.0)	(48.3)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.1	0.2
Purchases of property, plant and equipment	(43.4)	(43.4)
Net proceeds from sale of business and related property	111.8	0.0
Net cash used in investing activities	68.5	(43.2)
Cash flows from financing activities:
Short-term borrowings, net	2.9	(1.1)
Asset securitization borrowings	65.0	200.0
Asset securitization payments	(51.0)	0.0
Long-term debt payments	(17.8)	(200.5)
Borrowings from credit facility	1,391.0	1,352.5
Payments on credit facility	(1,042.0)	(1,031.0)
Proceeds from employee stock purchases	1.2	1.5
Repurchases of common stock	(350.2)	(175.0)
Repurchases of common stock to satisfy employee withholding tax obligations	(18.6)	(14.1)
Cash dividends paid	(42.4)	(36.9)
Net cash provided by financing activities	(61.9)	95.4
(Decrease) increase in cash and cash equivalents	(28.4)	3.9
Effect of exchange rates on cash and cash equivalents	(0.4)	7.2
Cash and cash equivalents, beginning of period	68.2	50.2
Cash and cash equivalents, end of period	39.4	61.3
Supplemental disclosures of cash flow information:
Interest paid	18.3	17.1
Income taxes paid (net of refunds)	$ 45.0	$ 47.8

General	6 Months Ended
General	Jun. 30, 2018
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 June 30, 2018, the accompanying unaudited Consolidated Statements of Operations for the three and six months ended June 30, 2018 and 2017, the accompanying unaudited Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2018 and 2017, and the accompanying unaudited Consolidated Statements of Cash Flows for the six months ended June 30, 2018 and 2017 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, 2017. 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 quarterly periods are comprised of approximately 13 weeks, but the number of days per quarter may vary year-over-year. Our quarterly reporting periods usually end on the Saturday closest to the last day of March, June and September. Our fourth quarter and fiscal year ends on December 31, regardless of the day of the week on which December 31 falls. 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. Recently Adopted Accounting Guidance In August 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2016-15, Classification of Certain Cash Receipts and Cash Payments. The amendments in this ASU clarify the classification for eight different types of activities, including debt prepayment and extinguishment costs, proceeds from insurance claims and distributions from equity method investees. For public business entities, the standard is effective for financial statements issued for fiscal years beginning after December 15, 2017. This standard did not have a material impact on our consolidated financial statements. We also adopted other new accounting standards during the first quarter of 2018. The impact of these additional standards are discussed in their respective Notes to the Consolidated Financial Statements. Recent Accounting Pronouncements On February 25, 2016, the FASB issued ASU No. 2016-02, Leases (ASC 842). Lessees will need to recognize almost all leases on their balance sheet as a right-of-use asset and a lease liability. It will be critical to identify leases embedded in a contract to avoid misstating the lessee’s balance sheet. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Classification will be based on criteria that are largely similar to those applied in current lease accounting, but without explicit bright lines. ASU 2016-02 is effective for public companies for annual reporting periods beginning after December 15, 2018, and interim periods within those fiscal years. As a result of the new standard, all of our leases greater than one year in duration will be recognized in our Consolidated Balance Sheets as both operating lease liabilities and right-of-use assets upon adoption of the standard. We will adopt the standard using the prospective approach. We have completed a qualitative assessment of our lease portfolio and are in the process of implementing a new system, collecting data and designing processes and controls to account for our leases in accordance with the new standard.

Revenue Recognition

6 Months Ended

Jun. 30, 2018

Revenue Recognition and Deferred Revenue [Abstract]

Revenue Recognition

Revenue Recognition:

On January 1, 2018, we adopted the new accounting standard ASC 606, Revenue from Contracts with Customers and all the related amendments (“the new revenue standard”) and applied it to all contracts using the modified retrospective method. We recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. We expect the impact of the adoption of the new standard to be immaterial to our net income on an ongoing basis.

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of the new revenue standard was as follows (in millions):



BALANCE SHEET	Balance at December 31, 2017		Adjustments Due to ASC 606			Balance at January 1, 2018
ASSETS
Accounts and notes receivable, net	$	506.5	$	8.3		$	514.8
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	348.6		9.3			357.9
Retained earnings	1,575.9		(1.0		)	1,574.9

In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on our Consolidated Balance Sheet and Consolidated Statement of Operations was as follows (in millions):



	June 30, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
BALANCE SHEET
ASSETS
Accounts and notes receivable, net	$	741.3	$	730.5	$	10.8
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	437.5		424.2		13.3
Retained earnings	1,722.8		1,725.3		(2.5		)
	For the Three Months Ended June 30, 2018
	As Reported		Activity Without Adoption of ASC 606		Effect of Change Higher/(Lower)
STATEMENT OF OPERATIONS
Net sales	$	1,175.4	$	1,175.5	$	(0.1	)
Net income	137.6		137.6		—



	For the Six Months Ended June 30, 2018
	As Reported		Activity Without Adoption of ASC 606		Effect of Change Higher/(Lower)
STATEMENT OF OPERATIONS
Net sales	$	2,010.2	$	2,010.4	$	(0.2	)
Net income	175.5		175.5		—

The following table disaggregates our revenue by business segment by geography which provides information as to the major source of revenue. See Note 16 for additional description of our reportable business segments and the products and services being sold in each segment.



	For the Three Months Ended June 30, 2018
Primary Geographic Markets	Residential Heating & Cooling		Commercial Heating & Cooling		Refrigeration		Consolidated
Americas	$	716.0	$	252.1	$	127.6	$	1,095.7
Europe	—		40.1		29.0		69.1
Asia Pacific	—		—		10.6		10.6
Total	$	716.0	292.2		167.2		1,175.4



	For the Six Months Ended June 30, 2018
Primary Geographic Markets	Residential Heating & Cooling		Commercial Heating & Cooling		Refrigeration		Consolidated
Americas	$	1,169.7	$	431.2	$	237.4	$	1,838.3
Europe	—		66.5		55.7		122.2
Asia Pacific	—		—		49.7		49.7
Total	$	1,169.7	497.7		342.8		2,010.2

Our revenue recognition practices for the sale of goods depend upon the shipping terms for each transaction. Shipping terms are primarily FOB Shipping Point and, therefore, revenue is recognized for these transactions when products are shipped to customers and title and control passes. Certain customers in our smaller operations, primarily outside of North America, have shipping terms where risks and rewards of ownership do not transfer until the product is delivered to the customer. For these transactions, revenue is recognized on the date that the product is received and accepted by such customers. We experience returns for miscellaneous reasons and record a reserve for these returns at the time we recognize revenue based on historical experience. Our historical rates of return are insignificant as a percentage of sales. We also recognize revenue net of sales taxes. We have elected to recognize the revenue and cost for freight and shipping when control over the sale of goods passes to our customers.

For our businesses that provide services, revenue is recognized at the time services are completed. Our Commercial Heating & Cooling segment also provides sales, installation, maintenance and repair services under fixed-price contracts. Revenue for services is recognized as the services are performed under the contract based on the relative fair value of the services provided. We allocate a portion of the revenue for extended labor warranty obligations and recognize the revenue over the term of the extended warranty. See Note 7 for more information on product warranties.

Residential Heating & Cooling - We manufacture and market a broad range of furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment and accessories to improve indoor air quality, comfort control products, replacement parts and supplies and related products for both the residential replacement and new construction markets in North America. These products are sold under various brand names and are sold either through direct sales to a network of independent installing dealers, including through our network of Lennox PartsPlus stores or to independent distributors. For the segment, for the three and six months ended June 30, 2018, direct sales represent approximately $546.7 million and $886.3 million of revenues and sales to independent distributors represent approximately $169.3 million and $283.4 million of revenues, respectively. Given the nature of our business, customer product orders are fulfilled at a point in time and not over a period of time.

Commercial Heating & Cooling - In North America, we manufacture and sell unitary heating and cooling equipment used in light commercial applications, such as low-rise office buildings, restaurants, retail centers, churches and schools. These products are distributed primarily through commercial contractors and directly to national account customers in the planned replacement, emergency replacement and new construction markets. Revenue for the products sold is recognized at a point in time when control transfers to the customer, which is generally at time of shipment. Lennox National Account Service provides installation, service and preventive maintenance for commercial HVAC national account customers in the United States and Canada. Revenue related to service contracts is recognized as the services are performed under the contract based on the relative fair value of the services provided. In Europe, we manufacture and sell unitary products and applied systems. For the segment, for the three and six months ended June 30, 2018, equipment sales represent approximately $279.3 million and $457.2 million of revenues while $12.9 million and $40.5 million of our revenue is generated from our service business, respectively.

Refrigeration - We manufacture and market equipment for the global commercial refrigeration markets under the Heatcraft Worldwide Refrigeration name. Our products are used in the food retail, food service, cold storage as well as non-food refrigeration markets. We sell these products to distributors, installing contractors, engineering design firms, original equipment manufacturers and end-users. Revenue for the products sold is $165.4 million and $339 million for the three and six months ended June 30, 2018 and and is recognized at a point in time when control transfers to the customer, which is generally at time of shipment. The remaining segment revenue relates to service revenues related to start-up and commissioning activities.

Variable Consideration - We engage in cooperative advertising, customer rebate, and other miscellaneous programs that result in payments or credits being issued to our customers. We record these customer discounts and incentives as a reduction of sales when the sales are recorded. For certain cooperative advertising programs, we also receive an identifiable benefit (goods or services) in exchange for the consideration given, and, accordingly, record a ratable portion of the expenditure to Selling, general and administrative (“SG&A”) expenses. All other advertising, promotions and marketing costs are expensed as incurred.

Other Judgments and Assumptions - We apply the practical expedient in ASC 606-10-50-14 and do not disclose information about remaining performance obligations that have original expected durations of one year or less. Applying the practical expedient in ASC 340-40-25-4, we recognize the incremental costs of obtaining contracts as an expense when incurred if the amortization period of the assets that we otherwise would have recognized is one year or less. These costs are included in SG&A expenses. ASC 606-10-32-18 allows us to not adjust the amount of consideration to be received in a contract for any significant financing component if we expect to receive payment within twelve months of transfer of control of goods or services. We have elected this expedient as we expect all consideration to be received in one year or less at contract inception. We have also elected not to provide the remaining performance obligations disclosures related to service contracts in accordance with the practical expedient in ASC 606-10-55-18. We recognize revenue in the amount to which the entity has a right to invoice and have adopted this election to not provide the remaining performance obligations related to service contracts.

Contract Assets - We do not have material amounts of contract assets since revenue is recognized as control of goods is transferred or as services are performed. There are a small number of installation services that may occur over a period of time, but that period of time is generally very short in duration and right of payment does not exist until the installation is completed. Any contract assets that may arise are recorded in Other assets in our Consolidated Balance Sheet.

Contract Liabilities - Our contract liabilities consist of advance payments and deferred revenue. Our contract liabilities are reported in a net position on a contract-by-contract basis at the end of each reporting period. We classify advance payments and deferred revenue as current or noncurrent based on the timing of when we expect to recognize revenue. Generally all contract liabilities are expected to be recognized within one year and are included in Accounts payable in our Consolidated Balance Sheet. The noncurrent portion of deferred revenue is included in Other liabilities in our Consolidated Balance Sheet.

Net contract assets (liabilities) consisted of the following:



	June 30, 2018			December 31, 2017			$ change			% change
Contract assets	$	3.5		$	2.1		$	1.4		66.7	%
Contract liabilities - current	(5.0		)	(7.3		)	2.3			(31.5	)%
Contract liabilities - noncurrent	(5.6		)	(5.5		)	(0.1		)	1.8	%
Total	$	(7.1	)	$	(10.7	)	$	3.6

For the three and six months ended June 30, 2018, we recognized revenue of $1.3 million and $2.9 million related to our contract liabilities at January 1, 2018, respectively. Impairment losses recognized in our receivables and contract assets were de minimis in the second quarter of 2018.

Inventories

6 Months Ended

Jun. 30, 2018

Inventory Disclosure [Abstract]

Inventories

Inventories:

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



	As of June 30, 2018			As of December 31, 2017
Finished goods	$	365.3		$	331.9
Work in process	6.4			5.5
Raw materials and parts	221.0			199.2
Subtotal	592.7			536.6
Excess of current cost over last-in, first-out cost	(52.5		)	(52.4		)
Total inventories, net	$	540.2		$	484.2

Goodwill

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

Goodwill:

The changes in the carrying amount of goodwill for the first six months of 2018, in total and by segment, are summarized in the table below (in millions):



	Balance at December 31, 2017		Transfer to assets held for sale			Changes in foreign currency translation rates			Balance at June 30, 2018
Residential Heating & Cooling	$	26.1	$	—		$	—		$	26.1
Commercial Heating & Cooling	62.2		—			(0.6		)	61.6
Refrigeration	112.2		(11.5		)	(1.6		)	99.1
Total Goodwill	$	200.5	$	(11.5	)	$	(2.2	)	$	186.8

We perform our annual goodwill impairment test in the fourth quarter of each year. 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. In the current year, as a part of the completed sale of our Australia, New Zealand and Asia business and the planned sale of our Brazil business (discussed further in Note 14 of the Notes to the Consolidated Financial Statements) we transferred $11.5 million of goodwill to assets held for sale.

- 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

6 Months Ended

Jun. 30, 2018

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.

In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 intends to simplify the application of hedge accounting guidance and better align an entity's risk management activities and financial reporting for hedging relationships through changes to both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. The amendments expand and refine hedge accounting for both nonfinancial and financial risk components and align the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. We early adopted ASU No. 2017-12 during the first quarter of 2018. The adoption of ASU No. 2017-12 did not have a material impact on our consolidated results of operations, cash flows, and statement of financial position. With the early adoption of ASU No. 2017-12 we began entering into commodity futures contracts designated as cash flow hedges related to aluminum purchases.

Cash Flow Hedges

We have foreign exchange forward contracts and commodity futures contracts designated as cash flow hedges that are scheduled to mature through December 2018 and November 2019, respectively. 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 June 30, 2018			As of December 31, 2017
Unrealized losses (gains) on unsettled contracts	$	0.8		$	(11.3	)
Income tax (benefit) expense	(0.1		)	3.9
Losses (Gains) included in AOCL, net of tax ⁽¹⁾	$	0.7		$	(7.4	)

⁽¹⁾ Assuming commodity and foreign currency prices remain constant, we expect to reclassify $0.2 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 June 30, 2018	As of December 31, 2017
Copper	18.2	20.6
Aluminum	24.2	—

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



	As of June 30, 2018	As of December 31, 2017
Notional Amounts (in local currency):
Mexican Peso	96.9	207.3
Canadian Dollar	30.3	68.6

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 June 30, 2018	As of December 31, 2017
Copper	1.4	1.8
Aluminum	1.4	1.8

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



	As of June 30, 2018	As of December 31, 2017
Notional Amounts (in local currency):
Chinese Yuan	7.5	73.8
Mexican Peso	47.0	136.6
Euro	28.0	64.4
Canadian Dollar	12.0	27.3
British Pound	3.9	4.5
Singapore Dollar	—	7.0
Australian Dollar	—	107.0
New Zealand Dollar	—	5.0
Indian Rupee	—	39.8

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 June 30, 2018		As of December 31, 2017		As of June 30, 2018		As of December 31, 2017
Current Assets:
Other Assets
Commodity futures contracts	$	0.7	$	11.0	$	—	$	1.2
Foreign currency forward contracts	1.4		0.1		—		0.9
Non-Current Assets:
Other Assets, net
Commodity futures contracts	—		0.6		—		0.1
Total Assets	$	2.1	$	11.7	$	—	$	2.2
Current Liabilities:
Accrued Expenses
Commodity futures contracts	$	2.3	$	—	$	0.1	$	—
Foreign currency forward contracts	—		0.3		0.2		1.1
Non-Current Liabilities:
Other Liabilities
Commodity futures contracts	0.5		—		—		—
Total Liabilities	$	2.8	$	0.3	$	0.3	$	1.1

⁽¹⁾ All derivative instruments are classified as Level 2 within the fair value hierarchy. See Note 17 for more information.



Derivatives Designated as Cash Flow Hedges	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Amount of Gain reclassified from AOCL into Income (effective portion) ⁽¹⁾	$	(2.6	)	$	(2.8	)	$	(7.2	)	$	(5.9	)
Amount of Loss recognized in Net income (ineffective portion) ⁽²⁾⁽³⁾	—			—			$	—		$	1.1



Derivatives Not Designated as Hedging Instruments	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Amount of (Gain)/Loss Recognized in Net Income:
Commodity futures contracts ⁽²⁾	$	(0.1	)	$	(0.2	)	$	0.6		$	(1.1	)
Foreign currency forward contracts ⁽²⁾	0.2			(3.1		)	(0.2		)	(3.9		)
	$	0.1		$	(3.3	)	$	0.4		$	(5.0	)

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

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

⁽³⁾ ASU 2017-12 eliminates the requirement to disclose the amount of hedge ineffectiveness prospectively because this amount is no longer separately measured and reported.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes: As of June 30, 2018, we had approximately $0.3 million in total gross unrecognized tax benefits and of this amount, all if recognized, would be recorded through the Consolidated Statement of Operations. As of June 30, 2018, we had an insignificant amount in interest 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 2018, and 2017 and are subject to examination by numerous other taxing authorities in the U.S. and in jurisdictions such as France, India 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 2011. Since January 1, 2018, several states have enacted legislation effective for tax years beginning on or after January 1, 2018, including changes to tax rates and apportionment methods. The impact of these changes is immaterial. On October 24, 2016, the FASB issued ASU No. 2016-16, Accounting for Income Taxes: Intra-Entity Asset Transfers of Assets Other than Inventory, which requires companies to recognize the income tax effects of intercompany sales and transfers of assets other than inventory in the period in which the transfer occurs. Prior to ASU 2016-16, companies were required to defer the income tax effects of intercompany transfers of assets until the asset had been sold to an outside party or otherwise recognized. The new guidance is effective for public business entities for annual periods beginning after December 15, 2017 and interim periods within those annual periods. The guidance requires companies to apply a modified retrospective approach with a cumulative catch-up adjustment to opening retained earnings in the period of adoption. Accordingly, we recorded a $5.1 million decrease to opening retained earnings in the period ending March 31, 2018. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (the “Tax Act”). The Tax Act makes broad and complex changes to the U.S. tax code, including, but not limited to, the new global intangible low-taxed income ("GILTI") tax rules. Because of the complexity of the new GILTI tax rules, we are continuing to evaluate this provision of the Tax Act and the application of ASC 740. Under U.S. GAAP, we are allowed to make an accounting policy choice of either (1) treating taxes due on future U.S. inclusions in taxable income related to GILTI as a current-period expense when incurred (the “period cost method”) or (2) factoring such amounts into a company’s measurement of its deferred taxes (the “deferred method”). Our selection of an accounting policy with respect to the new GILTI tax rules will depend, in part, on analyzing our global income to determine whether we expect to have future U.S. inclusions in taxable income related to GILTI and, if so, what the impact is expected to be. We are not currently able to reasonably estimate the effect of the new GILTI tax rules on future U.S. inclusions in taxable income as the expected future impact of this provision of the Tax Act depends on our current structure and business. Therefore, although we have considered the current effects of GILTI when estimating our annual effective tax rate, we have not made any adjustments related to potential GILTI tax in our deferred taxes and have not made a policy decision regarding whether to record deferred taxes on GILTI. On February 14, 2018, the FASB issued ASU No. 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which permits companies to reclassify stranded tax effects caused by 2017 tax reform between accumulated other comprehensive income (“AOCI”) and retained earnings. We have elected to adopt ASU 2018-02 to reclassify the income tax effects of the 2017 Act from AOCI to retained earnings for the period ending March 31, 2018. Accordingly, we recorded a $22.7 million increase to opening retained earnings in the period ending March 31, 2018 to reclassify the effect of the change in the U.S. federal corporate income tax rate, including the reduction in the federal benefit associated with state taxes, on the gross deferred tax amounts and related valuation allowances at the date of enactment of the Tax Cuts and Jobs Act related to items remaining in AOCI. The SEC staff issued Staff Accounting Bulletin No. 118 (“SAB 118”), which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting under ASC 740. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the Act for which the accounting under ASC 740 is complete. To the extent that a company’s accounting for certain income tax effects of the Tax Act is incomplete but it is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of the provisions of the tax laws that were in effect immediately before the enactment of the Tax Act. Due to the Tax Act, several applications for changes in accounting method have been filed with the IRS to accelerate deductions into the 2017 U.S. federal income tax return. As of June 30, 2018 we have recognized discrete tax benefits of $3.8 million associated with the finalization of the calculations for accounting method changes for prepaid expenses, IBNR medical expenses and depreciable asset reclassifications and repairs.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2018

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies:

Product Warranties and Product Related Contingencies

We provide warranties to customers for some of our products and record liabilities for the 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 June 30, 2018		As of December 31, 2017
Accrued expenses	$	35.0	$	34.8
Other liabilities	75.4		75.1
Total warranty liability	$	110.4	$	109.9

The changes in product warranty liabilities related to continuing operations for the six months ended June 30, 2018 were as follows (in millions):



Total warranty liability as of December 31, 2017	$	109.9
Warranty claims paid	(21.7		)
Changes resulting from issuance of new warranties	24.2
Changes in estimates associated with pre-existing liabilities	(3.3		)
Changes in foreign currency translation rates and other	2.7
Warranty liability from assets held for sale	(1.4		)
Total warranty liability as of June 30, 2018	$	110.4

We have incurred, and will likely continue to incur, product costs not covered by insurance or our suppliers’ warranties, which are not included in the 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. Liabilities, for such quality related issues, are not material.

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.

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 these 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 are subject to policy limits, so we may have greater financial exposure for future settlements and judgments. For the six months ended June 30, 2018 and 2017, expense for asbestos-related litigation was $1.9 million and $2.4 million, respectively, net of probable insurance recoveries, for known and future asbestos-related litigation and is recorded in Losses and other expenses, net in the Consolidated Statements of Operations. For the three months ended June 30, 2018 and 2017, expense for asbestos-related litigation was $(0.2) million and $0.7 million, respectively, net of probable insurance recoveries.

In October 2016, we self-reported to the Securities and Exchange Commission ("SEC") and the Department of Justice ("DOJ") an alleged payment in the amount of 30,000 rubles (approximately US $475) to a Russian customs broker or official. Under the oversight of our Audit Committee, we initiated an investigation into this matter with the assistance of external legal counsel and external forensic accountants.The scope of the investigation was later expanded to include our operations in Poland and Ukraine. The investigation raised questions regarding possible irregularities with respect to non-compliance with customs documents and procedures related to these operations. We concluded our investigation and communicated our findings to the SEC and the DOJ. We fully cooperated with the SEC and the DOJ regarding this matter. The DOJ has declined to prosecute this matter.

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

6 Months Ended

Jun. 30, 2018

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 June 30, 2018			As of December 31, 2017
Short-Term Debt:
Foreign obligations	$	3.8		$	0.9
Total short-term debt	$	3.8		$	0.9
Current maturities of long-term debt:
Capital lease obligations	$	0.4		$	3.2
Domestic credit facility	30.0			30.0
Debt issuance costs	(0.6		)	(0.6		)
Total current maturities of long-term debt	$	29.8		$	32.6
Long-Term Debt:
Asset Securitization Program	$	290.0		$	276.0
Capital lease obligations	11.9			11.9
Domestic credit facility	671.0			337.0
Senior unsecured notes	350.0			350.0
Debt issuance costs	(3.9		)	(4.4		)
Total long-term debt	$	1,319.0		$	970.5
Total debt	$	1,352.6		$	1,004.0

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 $3.8 million and $0.9 million of foreign obligations outstanding as of June 30, 2018 and December 31, 2017, respectively, that were primarily borrowings under non-committed facilities. Proceeds on these facilities were $21.3 million and $0.8 million during the six months ended June 30, 2018 and 2017, respectively. Repayments on the facilities were $15.6 million and $1.8 million during the six months ended June 30, 2018 and 2017, 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 a financial institution for cash. The ASP contains a provision whereby we retain the right to repurchase all of the outstanding beneficial interests transferred. As a result of the repurchase right, the transfer of the receivables under the ASP is not accounted for as a sale. Accordingly, the cash received from the transfer of the beneficial interests in our trade accounts receivable is reflected as secured 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. 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 the risk of loss for any uncollectible amounts in the pool of receivables transferred under the ASP.

The ASP provides for a maximum securitization amount ranging from $225.0 million to $380.0 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 June 30, 2018			As of December 31, 2017
Eligible amount available under the ASP on qualified accounts receivable	$	290.0		$	290.0
Less: Beneficial interest transferred	(290.0		)	(276.0		)
Remaining amount available	$	—		$	14.0

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 either the average LIBOR rate or floating commercial paper rate determined by the purchaser of the beneficial interest, plus a program fee of 0.70%. The average rates as of June 30, 2018 and December 31, 2017 were 2.93% and 2.60%, respectively. The unused fee is based on 101% of the maximum available amount less the beneficial interest transferred and is calculated at a 0.35% fixed rate throughout the term of the agreement. 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 cross-default provisions with our Sixth 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. As of June 30, 2018, we believe we were in compliance with all covenant requirements.

Long-Term Debt

Domestic Credit Facility

On August 30, 2016, we replaced an earlier credit facility with the Domestic Credit Facility, which consists of a $650.0 million unsecured revolving credit facility and a $250.0 million unsecured term loan and matures in August 2021 (the "Maturity Date"). Under our Domestic Credit Facility, we had outstanding borrowings of $701.0 million, of which $205.0 million was the term loan balance, as well as $2.9 million committed to standby letters of credit as of June 30, 2018. Subject to covenant limitations, $151.1 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. The revolving credit facility includes a subfacility for swingline loans of up to $65.0 million. Additionally, at our request and subject to certain conditions, the commitments under the Domestic Credit Facility may be increased by a maximum of $350.0 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 June 30, 2018		As of December 31, 2017
Weighted average borrowing rate	3.27	%	2.76	%

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, our lease of our corporate headquarters in Richardson, Texas (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 June 30, 2018, we believe we were in compliance with all covenant requirements.

Senior Unsecured Notes

We issued $350.0 million of senior unsecured notes in November 2016 (the "Notes") which will mature on November 15, 2023 with interest being paid on May 15 and November 15 at 3.00% per annum semiannually. The Notes are guaranteed, on a senior unsecured basis, by each of our domestic subsidiaries that guarantee 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; and enter into certain mergers, consolidations and transfers of substantially all of our assets. 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 June 30, 2018, we believe we were in compliance with all covenant requirements.

Pension and Post-Retirement Benefit Plans

6 Months Ended

Jun. 30, 2018

Retirement Benefits [Abstract]

Pension and Post-Retirement Benefit Plans

Pension and Post-Retirement Benefit Plans:

On March 10, 2017, the FASB issued ASU 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. ASU 2017-07 changes the income statement presentation of defined benefit plan expense by requiring separation between operating expense (service cost component) and non-operating expense (all other components, including interest cost, amortization of prior service cost, curtailments and settlements, etc.). The operating expense component is reported with similar compensation costs while the non-operating components are reported in Other expense (income), net in the Statement of Operations. In addition, only the service cost component is eligible for capitalization as part of an asset such as inventory or property, plant and equipment. We elected the practical expedient to use the prior year's disclosure as a basis for the retroactive adoption of the ASU. The ASU did not have a material impact on our financial results.

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



	For the Three Months Ended June 30,
	2018			2017			2018			2017
	Pension Benefits						Other Benefits
Service cost	$	1.3		$	1.2		$	—		$	—
Interest cost	3.1			3.1			—			—
Expected return on plan assets	(4.7		)	(5.4		)	—			—
Amortization of prior service cost	0.1			0.1			(0.3		)	(0.6		)
Recognized actuarial loss	2.3			2.0			0.3			0.4
Settlements and curtailments	—			0.3			—			—
Net periodic benefit cost	$	2.1		$	1.3		$	—		$	(0.2	)



	For the Six Months Ended June 30,
	2018			2017			2018			2017
	Pension Benefits						Other Benefits
Service cost	$	2.7		$	2.5		$	—		$	—
Interest cost	6.2			6.4			—			—
Expected return on plan assets	(9.4		)	(10.7		)	—			—
Amortization of prior service cost	0.1			0.1			(0.7		)	(1.2		)
Recognized actuarial loss	4.6			4.0			0.7			0.7
Settlements and curtailments	—			0.6			—			—
Net periodic benefit cost	$	4.2		$	2.9		$	—		$	(0.5	)

In January 2018, we reduced our estimated long-term rate of return on plan assets for U.S. pension plans from 7.5% to 6.5%. A 25 basis point decrease in the long-term rate of return will result in a $0.7 million increase in net periodic benefit cost for U.S. pension plans.

Stock-Based Compensation

6 Months Ended

Jun. 30, 2018

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 June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
Stock-based compensation expense ⁽¹⁾	$	8.8	$	7.6	$	13.6	$	12.5

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

Stock Repurchases	6 Months Ended
Stock Repurchases	Jun. 30, 2018
Stockholders' Equity Note [Abstract]
Stock Repurchases	Stock Repurchases: Our Board of Directors has authorized a total of $2.5 billion to repurchase shares of our common stock (collectively referred to as the "Share Repurchase Plans"), including a $500 million share repurchase authorization in March 2018. Under this program, we may repurchase shares from time to time in open market transactions and in privately negotiated transactions based on business, market, applicable legal requirements and other considerations. The repurchase program does not require the repurchase of a specific number of shares and may be terminated at any time. As of June 30, 2018, $546 million of shares may yet be repurchased under the Share Repurchase Plans. On February 8, 2018, the Company entered into a Fixed Dollar Accelerated Share Repurchase Transaction (the “ASR Agreement”) with MUFG Securities EMEA plc ("MUFG"), to effect an accelerated stock buyback of our common stock. Under the ASR Agreement, on February 8, 2018, we paid MUFG an initial purchase price of $150 million, and MUFG delivered to us common stock, representing approximately 85% of the shares expected to be purchased under the ASR Agreement. The ASR was completed in April of 2018 and MUFG delivered additional shares for a total of 0.7 million shares of common stock repurchased as part of this ASR Agreement. We repurchased 1.0 million shares for $200.2 million from open market transactions during the second quarter of 2018. We also repurchased 0.1 million shares for $18.6 million during the six months ended June 30, 2018 from employees who surrendered their shares to satisfy minimum tax withholding obligations upon the exercise of long-term incentive awards.

Comprehensive Income

6 Months Ended

Jun. 30, 2018

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 June 30,						For the Six Months Ended June 30,						Affected Line Item(s) in the Consolidated Statements of Operations
	2018			2017			2018			2017
Gains/(Losses) on cash flow hedges:
Commodity futures contracts	$	2.6		$	2.8		$	7.2		$	5.9		Cost of goods sold
Income tax expense	(0.6		)	(1.0		)	(1.6		)	(2.1		)	Provision for income taxes
Net of tax	$	2.0		$	1.8		$	5.6		$	3.8

Defined Benefit Plan items:
Pension and post-retirement benefit costs	$	(2.4	)	$	(1.9	)	$	(4.7	)	$	(3.6	)	Cost of goods sold; Selling, general and administrative expenses
Income tax benefit	0.6			0.6			1.2			1.1			Provision for income taxes
Net of tax	$	(1.8	)	$	(1.3	)	$	(3.5	)	$	(2.5	)

Foreign Currency Translation Adjustments:
Foreign currency adjustments upon sale of business or transfer to assets held for sale	$	(22.9	)	$	—		$	(22.9	)	$	—		(Gain) loss, net on sale of business and related property or transfer to assets held for sale
Income tax benefit	—			—			—			—			Provision for income taxes
Net of tax	$	(22.9	)	$	—		$	(22.9	)	$	—

Total reclassifications from AOCL	$	(22.7	)	$	0.5		$	(20.8	)	$	1.3

The following table provides information on changes in AOCL, by component (net of tax), for the six months ended June 30, 2018 (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
Balance as of December 31, 2017	$	7.4		$	1.8		$	(127.5	)	$	(39.1	)	$	(157.4	)
Other comprehensive (loss) income before reclassifications	(2.5		)	(1.8		)	(27.2		)	(12.9		)	(44.4		)
Amounts reclassified from AOCL	(5.6		)	—			3.5			22.9			20.8
Net other comprehensive (loss) income	(8.1		)	(1.8		)	(23.7		)	10.0			(23.6		)
Balance as of June 30, 2018	$	(0.7	)	$	—		$	(151.2	)	$	(29.1	)	$	(181.0	)

Restructuring Charges

6 Months Ended

Jun. 30, 2018

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 16.

Restructuring Activities in 2018

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



	Charges Incurred in 2018		Charges Incurred to Date		Total Charges Expected to be Incurred
Severance and related expense	$	0.3	$	11.6	$	11.6
Asset write-offs and accelerated depreciation	—		3.2		3.2
Lease termination	0.7		0.9		0.9
Other	0.3		4.4		5.7
Total restructuring charges	$	1.3	$	20.1	$	21.4

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 2018		Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	0.3	$	1.7	$	3.0
Commercial Heating & Cooling	0.7		2.7		2.7
Refrigeration	0.3		13.4		13.4
Corporate & Other	—		2.3		2.3
Total restructuring charges	$	1.3	$	20.1	$	21.4

Restructuring accruals are included in Accrued expenses in the accompanying Consolidated Balance Sheets. The table below details the activity in 2018 within the restructuring accruals (in millions):



	Balance as of December 31, 2017		Included in Earnings		Cash Utilization			Non-Cash Utilization and Other			Balance as of June 30,2018
Severance and related expense	$	0.2	$	0.3	$	(0.4	)	$	—		$	0.1
Lease termination	—		0.7		—			(0.2		)	0.5
Other	—		0.3		(0.3		)	—			—
Total restructuring accruals	$	0.2	$	1.3	$	(0.7	)	$	(0.2	)	$	0.6

Divestitures

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Divestitures

Australia, New Zealand and Asia Divestiture:

During the first quarter of 2018, we obtained board approval and signed an agreement with Beijer Ref AB, a Stockholm Stock Exchange-listed company, for the sale of our Australia, New Zealand and Asia business except for the Milperra property. We completed the sale to Beijer Ref AB in the second quarter of 2018. The following table summarizes the net loss recognized in connection with this divestiture:



(Amounts in millions)	For the Six Months Ended June 30, 2018
Cash received from the buyer	$	80.1
Net assets sold ⁽¹⁾	(83.4		)
AOCI reclassification adjustments, primarily foreign currency translation	(3.2		)
Direct costs to sell	(5.5		)
Loss on sale of business	$	(12.0	)

⁽¹⁾ Includes $10.3 million of net assets that were written down during the quarter ended March 31, 2018 based on the expected proceeds from the sale, net of selling costs for the sale for our Australia, New Zealand and Asia business.

The Milperra property was sold during the quarter ended June 30, 2018. We received net cash proceeds of $37.2 million net of direct costs to sell of $1.5 million. The net gain recognized in connection with this sale was $23.8 million.

Brazil Divestiture:

During the second quarter of 2018, we obtained board approval and signed an agreement with Elgin SA, a private Brazilian company, for the sale of our South America business. The sale is subject to Brazilian antitrust approval and is expected to close later this year.

The following table presents the assets and liabilities associated with our Brazilian businesses classified as held for sale as of June 30, 2018, which included $19.7 million of foreign currency translation losses reclassified out of AOCI.



(Amounts in millions)	As of June 30, 2018
Assets held for sale
Accounts and notes receivable, net of allowances	$	4.5
Inventories, net	5.0
Other assets	2.1
Total assets held for sale	$	11.6

Liabilities held for sale
Short-term debt	$	1.4
Accounts payable	2.2
Accrued expenses	3.5
Income taxes payable	0.1
Other liabilities	0.2
Total liabilities held for sale	$	7.4

Based on the expected proceeds from the sale, net of selling costs, we recorded a loss on the assets held for sale of $31.4 million during the quarter ended June 30, 2018.

Earnings Per Share

6 Months Ended

Jun. 30, 2018

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 Income from continuing operations were as follows (in millions, except per share data):



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Net income	$	137.6		$	115.5		$	175.5		$	159.0
Add: Loss from discontinued operations	1.6			0.9			1.6			0.9
Income from continuing operations	$	139.2		$	116.4		$	177.1		$	159.9

Weighted-average shares outstanding – basic	40.7			42.3			41.1			42.6
Add: Potential effect of dilutive securities attributable to stock-based payments	0.4			0.6			0.5			0.6
Weighted-average shares outstanding – diluted	41.1			42.9			41.6			43.2

Earnings per share – Basic:
Income from continuing operations	$	3.42		$	2.75		$	4.31		$	3.76
Loss from discontinued operations	(0.04		)	(0.02		)	(0.04		)	(0.02		)
Net income	$	3.38		$	2.73		$	4.27		$	3.74

Earnings per share – Diluted:
Income from continuing operations	$	3.39		$	2.71		$	4.26		$	3.70
Loss from discontinued operations	(0.04		)	(0.02		)	(0.04		)	(0.02		)
Net income	$	3.35		$	2.69		$	4.22		$	3.68

The following stock appreciation rights and restricted stock units 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 June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
Weighted-average number of shares	0.2		—		0.2		0.2
Price per share	$	205.53	$	—	$	205.53	$	156.94

Reportable Business Segments

6 Months Ended

Jun. 30, 2018

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 Central America South America
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 Central America

*Our business in the Asia Pacific area was sold in the second quarter of 2018. Refer to Note 14 for details regarding the divestiture of the business.

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 in the table 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 record 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.

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 Operating income, are shown below (in millions):



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Net sales
Residential Heating & Cooling	$	716.0		$	653.5		$	1,169.7		$	1,073.3
Commercial Heating & Cooling	292.2			258.6			497.7			454.1
Refrigeration	167.2			190.0			342.8			368.2
	$	1,175.4		$	1,102.1		$	2,010.2		$	1,895.6

Segment profit (loss) ⁽¹⁾
Residential Heating & Cooling	$	153.6		$	140.5		$	204.9		$	182.9
Commercial Heating & Cooling	52.6			44.7			72.1			63.8
Refrigeration	21.9			21.6			33.0			35.7
Corporate and other	(22.8		)	(23.9		)	(33.9		)	(34.8		)
Total segment profit	205.3			182.9			276.1			247.6
Reconciliation to Operating income:
One time inventory write down	—			—			0.2			—
Special product quality adjustment	—			5.2			—			5.2
(Gain) loss, net on sale of business and related property	(22.1		)	—			(11.8		)	—
Loss on assets held for sale	31.4			—			31.4			—
Items in losses (gains) and other expenses, net that are excluded from segment profit (loss) ⁽¹⁾	0.4			2.2			6.9			6.0
Restructuring charges	0.5			0.1			1.3			0.2
Operating income	$	195.1		$	175.4		$	248.1		$	236.2

⁽¹⁾ We define segment profit (loss) as a segment's operating income included in the accompanying Consolidated Statements of Operations, excluding:


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


◦	Net change in unrealized losses (gains) on unsettled futures contracts,


◦	Special legal contingency charges,


◦	Asbestos-related litigation,


◦	Contractor tax payments,


◦	Environmental liabilities,


◦	Divestiture costs,


◦	Other items, net,


•	One time inventory write down,


•	(Gain) loss, net on sale of business and related property,


•	Loss on assets held for sale; and,


•	Restructuring charges.

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, 2017; however, during the quarter we have sold our Australia, New Zealand and Asia business and reclassified assets and liabilities related to our Brazil business as Assets held for sale in our Consolidated Balance Sheet. Refer to Note 14 for details regarding divestiture of businesses.

Fair Value Measurements

6 Months Ended

Jun. 30, 2018

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 June 30, 2018 were the same as those used at December 31, 2017.

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 5 for more information related to our derivative instruments.

Marketable Equity Securities

The following table presents the fair value 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). This investment was sold as part of our divestiture of our Australia, New Zealand and Asia business. Refer to Note 14 for details regarding divestiture of the business.



	As of June 30, 2018		As of December 31, 2017
Investment in marketable equity securities	$	—	$	4.1

Other Fair Value Disclosures

The carrying amounts of Cash and cash equivalents, Accounts and notes receivable, net, Accounts payable, 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 June 30, 2018		As of December 31, 2017
Senior unsecured notes	$	292.4	$	308.1

- 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

6 Months Ended

Jun. 30, 2018

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Financial Statements

Condensed Consolidating Financial Statements:

Our senior unsecured notes are unconditionally guaranteed by certain of our subsidiaries (the “Guarantor Subsidiaries”) and are not guaranteed 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 our investments in our subsidiaries using the equity method of accounting. The principal elimination entries eliminate investments in subsidiaries and intercompany balances and transactions. Our condensed consolidating financial statements and our Guarantor Subsidiaries and Non-Guarantor Subsidiaries as of June 30, 2018 and December 31, 2017, and for the three and six months ended June 30, 2018 and 2017 are shown on the following pages.

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of June 30, 2018



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.6		$	22.6	$	15.2		$	—		$	39.4
Accounts and notes receivable, net	—			67.5		673.8			—			741.3
Inventories, net	—			442.9		102.5			(5.2		)	540.2
Assets held for sale	—			—		11.6			—			11.6
Other assets	4.0			27.5		55.5			(33.7		)	53.3
Total current assets	5.6			560.5		858.6			(38.9		)	1,385.8
Property, plant and equipment, net	—			260.7		114.2			(3.9		)	371.0
Goodwill	—			166.2		20.6			—			186.8
Investment in subsidiaries	1,668.2			598.5		(0.5		)	(2,266.2		)	—
Deferred income taxes	7.4			69.0		25.0			(12.2		)	89.2
Other assets, net	1.5			46.9		19.7			(1.5		)	66.6
Intercompany (payables) receivables, net	(771.2		)	718.9		126.0			(73.7		)	—
Total assets	$	911.5		$	2,420.7	$	1,163.6		$	(2,396.4	)	$	2,099.4
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	3.8		$	—		$	3.8
Current maturities of long-term debt	29.4			0.1		0.3			—			29.8
Accounts payable	25.8			301.1		110.6			—			437.5
Accrued expenses	4.3			208.5		40.8			—			253.6
Liabilities held for sale	—			—		7.4			—			7.4
Income taxes payable (receivable)	14.8			11.4		36.7			(50.9		)	12.0
Total current liabilities	74.3			521.1		199.6			(50.9		)	744.1
Long-term debt	1,017.4			11.6		290.0			—			1,319.0
Post-retirement benefits, other than pensions	—			2.5		—			—			2.5
Pensions	—			77.8		8.7			—			86.5
Other liabilities	—			119.7		7.8			—			127.5
Total liabilities	1,091.7			732.7		506.1			(50.9		)	2,279.6
Commitments and contingencies
Total stockholders' equity	(180.2		)	1,688.0		657.5			(2,345.5		)	(180.2		)
Total liabilities and stockholders' equity	$	911.5		$	2,420.7	$	1,163.6		$	(2,396.4	)	$	2,099.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of December 31, 2017



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.6		$	28.0	$	38.6		$	—		$	68.2
Accounts and notes receivable, net	—			35.3		471.2			—			506.5
Inventories, net	—			355.7		131.9			(3.4		)	484.2
Other assets	16.2			23.1		67.5			(28.4		)	78.4
Total current assets	17.8			442.1		709.2			(31.8		)	1,137.3
Property, plant and equipment, net	—			257.6		144.4			(4.2		)	397.8
Goodwill	—			134.9		65.6			—			200.5
Investment in subsidiaries	1,257.7			365.8		(0.6		)	(1,622.9		)	—
Deferred income taxes	3.9			69.1		33.6			(12.2		)	94.4
Other assets, net	2.1			41.3		19.6			(1.5		)	61.5
Intercompany (payables) receivables, net	(559.3		)	554.7		107.4			(102.8		)	—
Total assets	$	722.2		$	1,865.5	$	1,079.2		$	(1,775.4	)	$	1,891.5
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	0.9		$	—		$	0.9
Current maturities of long-term debt	29.4			2.9		0.3			—			32.6
Accounts payable	21.3			228.0		99.3			—			348.6
Accrued expenses	3.1			209.4		57.8			—			270.3
Income taxes (receivable) payable	(64.5		)	56.5		60.9			(50.8		)	2.1
Total current liabilities	(10.7		)	496.8		219.2			(50.8		)	654.5
Long-term debt	682.8			11.7		276.0			—			970.5
Post-retirement benefits, other than pensions	—			2.6		—			—			2.6
Pensions	—			74.7		9.8			—			84.5
Other liabilities	—			120.6		8.7			—			129.3
Total liabilities	672.1			706.4		513.7			(50.8		)	1,841.4
Commitments and contingencies
Total stockholders' equity	50.1			1,159.1		565.5			(1,724.6		)	50.1
Total liabilities and stockholders' equity	$	722.2		$	1,865.5	$	1,079.2		$	(1,775.4	)	$	1,891.5

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended June 30, 2018



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	1,057.8		$	303.8		$	(186.2	)	$	1,175.4
Cost of goods sold	—			745.0			255.3			(186.5		)	813.8
Gross profit	—			312.8			48.5			0.3			361.6
Operating expenses:
Selling, general and administrative expenses	—			151.0			10.7			(0.3		)	161.4
Losses (gains) and other expenses, net	0.3			(3.3		)	3.3			(0.1		)	0.2
Restructuring charges	—			—			0.5			—			0.5
(Gain) loss, net on sale of business and related property	—			(0.9		)	(21.2		)	—			(22.1		)
Loss on assets held for sale	—			—			31.4			—			31.4
Income from equity method investments	(139.6		)	(17.1		)	(3.7		)	155.5			(4.9		)
Operating income	139.3			183.1			27.5			(154.8		)	195.1
Interest expense, net	2.4			5.2			2.2			—			9.8
Other expense, net	—			0.7			0.1			—			0.8
Income (loss) from continuing operations before income taxes	136.9			177.2			25.2			(154.8		)	184.5
Provision for income tax (benefit) expense	(0.7		)	43.8			2.3			(0.1		)	45.3
Income (loss) from continuing operations	137.6			133.4			22.9			(154.7		)	139.2
Loss from discontinued operations, net of tax	—			—			(1.6		)	—			(1.6		)
Net income (loss)	$	137.6		$	133.4		$	21.3		$	(154.7	)	$	137.6
Other comprehensive (loss) income, net of tax	(2.3		)	11.9			(9.3		)	—			0.3
Comprehensive income (loss)	$	135.3		$	145.3		$	12.0		$	(154.7	)	$	137.9

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended June 30, 2017



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	968.7		$	310.9		$	(177.5	)	$	1,102.1
Cost of goods sold	—			672.7			264.5			(175.9		)	761.3
Gross profit	—			296.0			46.4			(1.6		)	340.8
Operating expenses:
Selling, general and administrative expenses	—			147.9			20.8			(0.2		)	168.5
Losses (gains) and other expenses, net	0.3			1.9			0.2			(0.1		)	2.3
Restructuring charges	—			—			0.1			—			0.1
Income from equity method investments	(120.6		)	(17.5		)	(4.5		)	137.1			(5.5		)
Operating income	120.3			163.7			29.8			(138.4		)	175.4
Interest expense, net	7.4			(0.8		)	1.6			—			8.2
Other expense, net	—			—			(0.1		)	—			(0.1		)
Income from continuing operations before income taxes	112.9			164.5			28.3			(138.4		)	167.3
Provision for income tax (benefit) expense	(2.6		)	47.2			6.5			(0.2		)	50.9
Income from continuing operations	115.5			117.3			21.8			(138.2		)	116.4
Loss from discontinued operations, net of tax	—			—			(0.9		)	—			(0.9		)
Net income	$	115.5		$	117.3		$	20.9		$	(138.2	)	$	115.5
Other comprehensive (loss) income, net of tax	(1.5		)	0.3			10.2			1.1			10.1
Comprehensive (loss) income	$	114.0		$	117.6		$	31.1		$	(137.1	)	$	125.6

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Six Months Ended June 30, 2018



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	87.2		$	(7.9	)	$	(114.3	)	$	—	$	(35.0	)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			—			0.1			—		0.1
Purchases of property, plant and equipment	—			(33.0		)	(10.4		)	—		(43.4		)
Proceeds from sale of businesses	—			—			111.8			—		111.8
Net cash (used in) provided by investing activities	—			(33.0		)	101.5			—		68.5
Cash flows from financing activities:
Short-term borrowings, net	—			—			2.9			—		2.9
Asset securitization borrowings	—			—			65.0			—		65.0
Asset securitization payments	—			—			(51.0		)	—		(51.0		)
Long-term debt payments	(15.0		)	(2.7		)	(0.1		)	—		(17.8		)
Long-term borrowings	—			—			—			—		—
Borrowings from credit facility	1,391.0			—			—			—		1,391.0
Payments on credit facility	(1,042.0		)	—			—			—		(1,042.0		)
Proceeds from employee stock purchases	1.2			—			—			—		1.2
Repurchases of common stock	(350.2		)	—			—			—		(350.2		)
Repurchases of common stock to satisfy employee withholding tax obligations	(18.6		)	—			—			—		(18.6		)
Intercompany debt	(53.0		)	83.5			(30.5		)	—		—
Intercompany financing activity	41.8			(45.3		)	3.5			—		—
Cash dividends paid	(42.4		)	—			—			—		(42.4		)
Net cash (used in) provided by financing activities	(87.2		)	35.5			(10.2		)	—		(61.9		)
Decrease in cash and cash equivalents	—			(5.4		)	(23.0		)	—		(28.4		)
Effect of exchange rates on cash and cash equivalents	—			—			(0.4		)	—		(0.4		)
Cash and cash equivalents, beginning of period	1.6			28.0			38.6			—		68.2
Cash and cash equivalents, end of period	$	1.6		$	22.6		$	15.2		$	—	$	39.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Six Months Ended June 30, 2017



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	326.1		$	(191.4	)	$	(183.0	)	$	—	$	(48.3	)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			0.1			0.1			—		0.2
Purchases of property, plant and equipment	—			(37.2		)	(6.2		)	—		(43.4		)
Net cash used in investing activities	—			(37.1		)	(6.1		)	—		(43.2		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			(1.1		)	—		(1.1		)
Asset securitization borrowings	—			—			200.0			—		200.0
Asset securitization payments	—			—			—			—		—
Long-term debt payments	(200.0		)	(0.2		)	(0.3		)	—		(200.5		)
Borrowings from credit facility	1,352.5			—			—			—		1,352.5
Payments on credit facility	(1,031.0		)	—			—			—		(1,031.0		)
Proceeds from employee stock purchases	1.5			—			—			—		1.5
Repurchases of common stock	(175.0		)	—			—			—		(175.0		)
Repurchases of common stock to satisfy employee withholding tax obligations	(14.1		)	—			—			—		(14.1		)
Intercompany debt	(25.5		)	6.4			19.1			—		—
Intercompany financing activity	(195.4		)	230.1			(34.7		)	—		—
Cash dividends paid	(36.9		)	—			—			—		(36.9		)
Net cash (used in) provided by financing activities	(323.9		)	236.3			183.0			—		95.4
Increase (decrease) in cash and cash equivalents	2.2			7.8			(6.1		)	—		3.9
Effect of exchange rates on cash and cash equivalents	—			—			7.2			—		7.2
Cash and cash equivalents, beginning of period	1.2			17.1			31.9			—		50.2
Cash and cash equivalents, end of period	$	3.4		$	24.9		$	33.0		$	—	$	61.3

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References + Details

Subsequent Event	6 Months Ended
Subsequent Event	Jun. 30, 2018
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event: On July 19, 2018 our manufacturing facility in Marshalltown, Iowa was damaged by a tornado. The extent of damage to the facility is being assessed and we currently do not have an estimate of the financial or operational impact of the damage, including any potential insurance recoveries.

General (Policies)	6 Months Ended
General (Policies)	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Consolidated Balance Sheet as of June 30, 2018, the accompanying unaudited Consolidated Statements of Operations for the three and six months ended June 30, 2018 and 2017, the accompanying unaudited Consolidated Statements of Comprehensive Income for the three and six months ended June 30, 2018 and 2017, and the accompanying unaudited Consolidated Statements of Cash Flows for the six months ended June 30, 2018 and 2017 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, 2017. 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 quarterly periods are comprised of approximately 13 weeks, but the number of days per quarter may vary year-over-year. Our quarterly reporting periods usually end on the Saturday closest to the last day of March, June and September. Our fourth quarter and fiscal year ends on December 31, regardless of the day of the week on which December 31 falls.
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	Certain amounts have been reclassified from the prior year presentation to conform to the current year presentation.
Recent Accounting Pronouncements	On February 25, 2016, the FASB issued ASU No. 2016-02, Leases (ASC 842). Lessees will need to recognize almost all leases on their balance sheet as a right-of-use asset and a lease liability. It will be critical to identify leases embedded in a contract to avoid misstating the lessee’s balance sheet. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Classification will be based on criteria that are largely similar to those applied in current lease accounting, but without explicit bright lines. ASU 2016-02 is effective for public companies for annual reporting periods beginning after December 15, 2018, and interim periods within those fiscal years. As a result of the new standard, all of our leases greater than one year in duration will be recognized in our Consolidated Balance Sheets as both operating lease liabilities and right-of-use assets upon adoption of the standard. We will adopt the standard using the prospective approach. We have completed a qualitative assessment of our lease portfolio and are in the process of implementing a new system, collecting data and designing processes and controls to account for our leases in accordance with the new standard.

Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2018

Revenue Recognition and Deferred Revenue [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The cumulative effect of the changes made to our consolidated January 1, 2018 balance sheet for the adoption of the new revenue standard was as follows (in millions):



BALANCE SHEET	Balance at December 31, 2017		Adjustments Due to ASC 606			Balance at January 1, 2018
ASSETS
Accounts and notes receivable, net	$	506.5	$	8.3		$	514.8
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	348.6		9.3			357.9
Retained earnings	1,575.9		(1.0		)	1,574.9



	June 30, 2018
	As Reported		Balances Without Adoption of ASC 606		Effect of Change Higher/(Lower)
BALANCE SHEET
ASSETS
Accounts and notes receivable, net	$	741.3	$	730.5	$	10.8
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable	437.5		424.2		13.3
Retained earnings	1,722.8		1,725.3		(2.5		)
	For the Three Months Ended June 30, 2018
	As Reported		Activity Without Adoption of ASC 606		Effect of Change Higher/(Lower)
STATEMENT OF OPERATIONS
Net sales	$	1,175.4	$	1,175.5	$	(0.1	)
Net income	137.6		137.6		—



	For the Six Months Ended June 30, 2018
	As Reported		Activity Without Adoption of ASC 606		Effect of Change Higher/(Lower)
STATEMENT OF OPERATIONS
Net sales	$	2,010.2	$	2,010.4	$	(0.2	)
Net income	175.5		175.5		—

Revenue from External Customers by Geographic Areas [Table Text Block]



	For the Three Months Ended June 30, 2018
Primary Geographic Markets	Residential Heating & Cooling		Commercial Heating & Cooling		Refrigeration		Consolidated
Americas	$	716.0	$	252.1	$	127.6	$	1,095.7
Europe	—		40.1		29.0		69.1
Asia Pacific	—		—		10.6		10.6
Total	$	716.0	292.2		167.2		1,175.4



	For the Six Months Ended June 30, 2018
Primary Geographic Markets	Residential Heating & Cooling		Commercial Heating & Cooling		Refrigeration		Consolidated
Americas	$	1,169.7	$	431.2	$	237.4	$	1,838.3
Europe	—		66.5		55.7		122.2
Asia Pacific	—		—		49.7		49.7
Total	$	1,169.7	497.7		342.8		2,010.2

Contract with Customer, Asset and Liability [Table Text Block]

Net contract assets (liabilities) consisted of the following:



	June 30, 2018			December 31, 2017			$ change			% change
Contract assets	$	3.5		$	2.1		$	1.4		66.7	%
Contract liabilities - current	(5.0		)	(7.3		)	2.3			(31.5	)%
Contract liabilities - noncurrent	(5.6		)	(5.5		)	(0.1		)	1.8	%
Total	$	(7.1	)	$	(10.7	)	$	3.6

Inventories (Tables)

6 Months Ended

Jun. 30, 2018

Inventory Disclosure [Abstract]

Components of inventories

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



	As of June 30, 2018			As of December 31, 2017
Finished goods	$	365.3		$	331.9
Work in process	6.4			5.5
Raw materials and parts	221.0			199.2
Subtotal	592.7			536.6
Excess of current cost over last-in, first-out cost	(52.5		)	(52.4		)
Total inventories, net	$	540.2		$	484.2

Goodwill (Tables)

6 Months Ended

Jun. 30, 2018

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 six months of 2018, in total and by segment, are summarized in the table below (in millions):



	Balance at December 31, 2017		Transfer to assets held for sale			Changes in foreign currency translation rates			Balance at June 30, 2018
Residential Heating & Cooling	$	26.1	$	—		$	—		$	26.1
Commercial Heating & Cooling	62.2		—			(0.6		)	61.6
Refrigeration	112.2		(11.5		)	(1.6		)	99.1
Total Goodwill	$	200.5	$	(11.5	)	$	(2.2	)	$	186.8

Derivatives (Tables)

6 Months Ended

Jun. 30, 2018

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 June 30, 2018			As of December 31, 2017
Unrealized losses (gains) on unsettled contracts	$	0.8		$	(11.3	)
Income tax (benefit) expense	(0.1		)	3.9
Losses (Gains) included in AOCL, net of tax ⁽¹⁾	$	0.7		$	(7.4	)

⁽¹⁾ Assuming commodity and foreign currency prices remain constant, we expect to reclassify $0.2 million of derivative losses into earnings within the next 12 months.

Outstanding contracts designated and not designated as cash flow hedges

We had the following outstanding commodity futures contracts not designated as cash flow hedges (in millions of pounds):



	As of June 30, 2018	As of December 31, 2017
Copper	1.4	1.8
Aluminum	1.4	1.8

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



	As of June 30, 2018	As of December 31, 2017
Notional Amounts (in local currency):
Chinese Yuan	7.5	73.8
Mexican Peso	47.0	136.6
Euro	28.0	64.4
Canadian Dollar	12.0	27.3
British Pound	3.9	4.5
Singapore Dollar	—	7.0
Australian Dollar	—	107.0
New Zealand Dollar	—	5.0
Indian Rupee	—	39.8

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



	As of June 30, 2018	As of December 31, 2017
Copper	18.2	20.6
Aluminum	24.2	—

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



	As of June 30, 2018	As of December 31, 2017
Notional Amounts (in local currency):
Mexican Peso	96.9	207.3
Canadian Dollar	30.3	68.6

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 June 30, 2018		As of December 31, 2017		As of June 30, 2018		As of December 31, 2017
Current Assets:
Other Assets
Commodity futures contracts	$	0.7	$	11.0	$	—	$	1.2
Foreign currency forward contracts	1.4		0.1		—		0.9
Non-Current Assets:
Other Assets, net
Commodity futures contracts	—		0.6		—		0.1
Total Assets	$	2.1	$	11.7	$	—	$	2.2
Current Liabilities:
Accrued Expenses
Commodity futures contracts	$	2.3	$	—	$	0.1	$	—
Foreign currency forward contracts	—		0.3		0.2		1.1
Non-Current Liabilities:
Other Liabilities
Commodity futures contracts	0.5		—		—		—
Total Liabilities	$	2.8	$	0.3	$	0.3	$	1.1

⁽¹⁾ All derivative instruments are classified as Level 2 within the fair value hierarchy. See Note 17 for more information.

Effect of derivative instruments on Consolidated Statements of Operations



Derivatives Designated as Cash Flow Hedges	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Amount of Gain reclassified from AOCL into Income (effective portion) ⁽¹⁾	$	(2.6	)	$	(2.8	)	$	(7.2	)	$	(5.9	)
Amount of Loss recognized in Net income (ineffective portion) ⁽²⁾⁽³⁾	—			—			$	—		$	1.1



Derivatives Not Designated as Hedging Instruments	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Amount of (Gain)/Loss Recognized in Net Income:
Commodity futures contracts ⁽²⁾	$	(0.1	)	$	(0.2	)	$	0.6		$	(1.1	)
Foreign currency forward contracts ⁽²⁾	0.2			(3.1		)	(0.2		)	(3.9		)
	$	0.1		$	(3.3	)	$	0.4		$	(5.0	)

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

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

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2018

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 June 30, 2018		As of December 31, 2017
Accrued expenses	$	35.0	$	34.8
Other liabilities	75.4		75.1
Total warranty liability	$	110.4	$	109.9

Summary of changes in the total warranty liabilities

The changes in product warranty liabilities related to continuing operations for the six months ended June 30, 2018 were as follows (in millions):



Total warranty liability as of December 31, 2017	$	109.9
Warranty claims paid	(21.7		)
Changes resulting from issuance of new warranties	24.2
Changes in estimates associated with pre-existing liabilities	(3.3		)
Changes in foreign currency translation rates and other	2.7
Warranty liability from assets held for sale	(1.4		)
Total warranty liability as of June 30, 2018	$	110.4

Lines of Credit and Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Summary of outstanding debt obligations

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



	As of June 30, 2018			As of December 31, 2017
Short-Term Debt:
Foreign obligations	$	3.8		$	0.9
Total short-term debt	$	3.8		$	0.9
Current maturities of long-term debt:
Capital lease obligations	$	0.4		$	3.2
Domestic credit facility	30.0			30.0
Debt issuance costs	(0.6		)	(0.6		)
Total current maturities of long-term debt	$	29.8		$	32.6
Long-Term Debt:
Asset Securitization Program	$	290.0		$	276.0
Capital lease obligations	11.9			11.9
Domestic credit facility	671.0			337.0
Senior unsecured notes	350.0			350.0
Debt issuance costs	(3.9		)	(4.4		)
Total long-term debt	$	1,319.0		$	970.5
Total debt	$	1,352.6		$	1,004.0

Eligible amounts available and beneficial interests sold

mount or 100% of the net pool balance less allowances, as defined by the ASP. Eligibility for s

Summary of weighted average borrowing rate facility

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



	As of June 30, 2018		As of December 31, 2017
Weighted average borrowing rate	3.27	%	2.76	%

Schedule of required ratios under the domestic credit facility

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 (Tables)

6 Months Ended

Jun. 30, 2018

Retirement Benefits [Abstract]

Components of net periodic benefit cost

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



	For the Three Months Ended June 30,
	2018			2017			2018			2017
	Pension Benefits						Other Benefits
Service cost	$	1.3		$	1.2		$	—		$	—
Interest cost	3.1			3.1			—			—
Expected return on plan assets	(4.7		)	(5.4		)	—			—
Amortization of prior service cost	0.1			0.1			(0.3		)	(0.6		)
Recognized actuarial loss	2.3			2.0			0.3			0.4
Settlements and curtailments	—			0.3			—			—
Net periodic benefit cost	$	2.1		$	1.3		$	—		$	(0.2	)

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2018

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 June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
Stock-based compensation expense ⁽¹⁾	$	8.8	$	7.6	$	13.6	$	12.5

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

Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2018

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 June 30,						For the Six Months Ended June 30,						Affected Line Item(s) in the Consolidated Statements of Operations
	2018			2017			2018			2017
Gains/(Losses) on cash flow hedges:
Commodity futures contracts	$	2.6		$	2.8		$	7.2		$	5.9		Cost of goods sold
Income tax expense	(0.6		)	(1.0		)	(1.6		)	(2.1		)	Provision for income taxes
Net of tax	$	2.0		$	1.8		$	5.6		$	3.8

Defined Benefit Plan items:
Pension and post-retirement benefit costs	$	(2.4	)	$	(1.9	)	$	(4.7	)	$	(3.6	)	Cost of goods sold; Selling, general and administrative expenses
Income tax benefit	0.6			0.6			1.2			1.1			Provision for income taxes
Net of tax	$	(1.8	)	$	(1.3	)	$	(3.5	)	$	(2.5	)

Foreign Currency Translation Adjustments:
Foreign currency adjustments upon sale of business or transfer to assets held for sale	$	(22.9	)	$	—		$	(22.9	)	$	—		(Gain) loss, net on sale of business and related property or transfer to assets held for sale
Income tax benefit	—			—			—			—			Provision for income taxes
Net of tax	$	(22.9	)	$	—		$	(22.9	)	$	—

Total reclassifications from AOCL	$	(22.7	)	$	0.5		$	(20.8	)	$	1.3

Changes in AOCI by component (net of tax)

The following table provides information on changes in AOCL, by component (net of tax), for the six months ended June 30, 2018 (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
Balance as of December 31, 2017	$	7.4		$	1.8		$	(127.5	)	$	(39.1	)	$	(157.4	)
Other comprehensive (loss) income before reclassifications	(2.5		)	(1.8		)	(27.2		)	(12.9		)	(44.4		)
Amounts reclassified from AOCL	(5.6		)	—			3.5			22.9			20.8
Net other comprehensive (loss) income	(8.1		)	(1.8		)	(23.7		)	10.0			(23.6		)
Balance as of June 30, 2018	$	(0.7	)	$	—		$	(151.2	)	$	(29.1	)	$	(181.0	)

Restructuring Charges (Tables)

6 Months Ended

Jun. 30, 2018

Restructuring Charges [Abstract]

Information regarding restructuring charges

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



	Charges Incurred in 2018		Charges Incurred to Date		Total Charges Expected to be Incurred
Severance and related expense	$	0.3	$	11.6	$	11.6
Asset write-offs and accelerated depreciation	—		3.2		3.2
Lease termination	0.7		0.9		0.9
Other	0.3		4.4		5.7
Total restructuring charges	$	1.3	$	20.1	$	21.4

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 2018		Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	0.3	$	1.7	$	3.0
Commercial Heating & Cooling	0.7		2.7		2.7
Refrigeration	0.3		13.4		13.4
Corporate & Other	—		2.3		2.3
Total restructuring charges	$	1.3	$	20.1	$	21.4

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 Central America South America
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 Central America

Details activity within the restructuring reserves

The table below details the activity in 2018 within the restructuring accruals (in millions):



	Balance as of December 31, 2017		Included in Earnings		Cash Utilization			Non-Cash Utilization and Other			Balance as of June 30,2018
Severance and related expense	$	0.2	$	0.3	$	(0.4	)	$	—		$	0.1
Lease termination	—		0.7		—			(0.2		)	0.5
Other	—		0.3		(0.3		)	—			—
Total restructuring accruals	$	0.2	$	1.3	$	(0.7	)	$	(0.2	)	$	0.6

Divestitures (Tables)

6 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The following table summarizes the net loss recognized in connection with this divestiture:



(Amounts in millions)	For the Six Months Ended June 30, 2018
Cash received from the buyer	$	80.1
Net assets sold ⁽¹⁾	(83.4		)
AOCI reclassification adjustments, primarily foreign currency translation	(3.2		)
Direct costs to sell	(5.5		)
Loss on sale of business	$	(12.0	)



(Amounts in millions)	As of June 30, 2018
Assets held for sale
Accounts and notes receivable, net of allowances	$	4.5
Inventories, net	5.0
Other assets	2.1
Total assets held for sale	$	11.6

Liabilities held for sale
Short-term debt	$	1.4
Accounts payable	2.2
Accrued expenses	3.5
Income taxes payable	0.1
Other liabilities	0.2
Total liabilities held for sale	$	7.4

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
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-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

+ Details

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

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 Income from continuing operations were as follows (in millions, except per share data):



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Net income	$	137.6		$	115.5		$	175.5		$	159.0
Add: Loss from discontinued operations	1.6			0.9			1.6			0.9
Income from continuing operations	$	139.2		$	116.4		$	177.1		$	159.9

Weighted-average shares outstanding – basic	40.7			42.3			41.1			42.6
Add: Potential effect of dilutive securities attributable to stock-based payments	0.4			0.6			0.5			0.6
Weighted-average shares outstanding – diluted	41.1			42.9			41.6			43.2

Earnings per share – Basic:
Income from continuing operations	$	3.42		$	2.75		$	4.31		$	3.76
Loss from discontinued operations	(0.04		)	(0.02		)	(0.04		)	(0.02		)
Net income	$	3.38		$	2.73		$	4.27		$	3.74

Earnings per share – Diluted:
Income from continuing operations	$	3.39		$	2.71		$	4.26		$	3.70
Loss from discontinued operations	(0.04		)	(0.02		)	(0.04		)	(0.02		)
Net income	$	3.35		$	2.69		$	4.22		$	3.68

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



	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2018		2017		2018		2017
Weighted-average number of shares	0.2		—		0.2		0.2
Price per share	$	205.53	$	—	$	205.53	$	156.94

Reportable Business Segments (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting, Measurement Disclosures [Abstract]

Summary of segment description

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 2018		Charges Incurred to Date		Total Charges Expected to be Incurred
Residential Heating & Cooling	$	0.3	$	1.7	$	3.0
Commercial Heating & Cooling	0.7		2.7		2.7
Refrigeration	0.3		13.4		13.4
Corporate & Other	—		2.3		2.3
Total restructuring charges	$	1.3	$	20.1	$	21.4

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 Central America South America
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 Central America

Net sales and segment profit (loss) and reconciliation of segment profit (loss) to income from continuing operations before income taxes

Net sales and segment profit (loss) for each segment, along with a reconciliation of segment profit (loss) to Operating income, are shown below (in millions):



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2018			2017			2018			2017
Net sales
Residential Heating & Cooling	$	716.0		$	653.5		$	1,169.7		$	1,073.3
Commercial Heating & Cooling	292.2			258.6			497.7			454.1
Refrigeration	167.2			190.0			342.8			368.2
	$	1,175.4		$	1,102.1		$	2,010.2		$	1,895.6

Segment profit (loss) ⁽¹⁾
Residential Heating & Cooling	$	153.6		$	140.5		$	204.9		$	182.9
Commercial Heating & Cooling	52.6			44.7			72.1			63.8
Refrigeration	21.9			21.6			33.0			35.7
Corporate and other	(22.8		)	(23.9		)	(33.9		)	(34.8		)
Total segment profit	205.3			182.9			276.1			247.6
Reconciliation to Operating income:
One time inventory write down	—			—			0.2			—
Special product quality adjustment	—			5.2			—			5.2
(Gain) loss, net on sale of business and related property	(22.1		)	—			(11.8		)	—
Loss on assets held for sale	31.4			—			31.4			—
Items in losses (gains) and other expenses, net that are excluded from segment profit (loss) ⁽¹⁾	0.4			2.2			6.9			6.0
Restructuring charges	0.5			0.1			1.3			0.2
Operating income	$	195.1		$	175.4		$	248.1		$	236.2

⁽¹⁾ We define segment profit (loss) as a segment's operating income included in the accompanying Consolidated Statements of Operations, excluding:


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


◦	Net change in unrealized losses (gains) on unsettled futures contracts,


◦	Special legal contingency charges,


◦	Asbestos-related litigation,


◦	Contractor tax payments,


◦	Environmental liabilities,


◦	Divestiture costs,


◦	Other items, net,


•	One time inventory write down,


•	(Gain) loss, net on sale of business and related property,


•	Loss on assets held for sale; and,


•	Restructuring charges

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2018

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value on a recurring basis



	As of June 30, 2018		As of December 31, 2017
Investment in marketable equity securities	$	—	$	4.1

Other fair value measurements

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



	As of June 30, 2018		As of December 31, 2017
Senior unsecured notes	$	292.4	$	308.1

Condensed Consolidating Financial Statements (Tables)

6 Months Ended

Jun. 30, 2018

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Balance Sheets

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of June 30, 2018



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.6		$	22.6	$	15.2		$	—		$	39.4
Accounts and notes receivable, net	—			67.5		673.8			—			741.3
Inventories, net	—			442.9		102.5			(5.2		)	540.2
Assets held for sale	—			—		11.6			—			11.6
Other assets	4.0			27.5		55.5			(33.7		)	53.3
Total current assets	5.6			560.5		858.6			(38.9		)	1,385.8
Property, plant and equipment, net	—			260.7		114.2			(3.9		)	371.0
Goodwill	—			166.2		20.6			—			186.8
Investment in subsidiaries	1,668.2			598.5		(0.5		)	(2,266.2		)	—
Deferred income taxes	7.4			69.0		25.0			(12.2		)	89.2
Other assets, net	1.5			46.9		19.7			(1.5		)	66.6
Intercompany (payables) receivables, net	(771.2		)	718.9		126.0			(73.7		)	—
Total assets	$	911.5		$	2,420.7	$	1,163.6		$	(2,396.4	)	$	2,099.4
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	3.8		$	—		$	3.8
Current maturities of long-term debt	29.4			0.1		0.3			—			29.8
Accounts payable	25.8			301.1		110.6			—			437.5
Accrued expenses	4.3			208.5		40.8			—			253.6
Liabilities held for sale	—			—		7.4			—			7.4
Income taxes payable (receivable)	14.8			11.4		36.7			(50.9		)	12.0
Total current liabilities	74.3			521.1		199.6			(50.9		)	744.1
Long-term debt	1,017.4			11.6		290.0			—			1,319.0
Post-retirement benefits, other than pensions	—			2.5		—			—			2.5
Pensions	—			77.8		8.7			—			86.5
Other liabilities	—			119.7		7.8			—			127.5
Total liabilities	1,091.7			732.7		506.1			(50.9		)	2,279.6
Commitments and contingencies
Total stockholders' equity	(180.2		)	1,688.0		657.5			(2,345.5		)	(180.2		)
Total liabilities and stockholders' equity	$	911.5		$	2,420.7	$	1,163.6		$	(2,396.4	)	$	2,099.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Balance Sheets

As of December 31, 2017



(Amounts in millions)	Parent			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1.6		$	28.0	$	38.6		$	—		$	68.2
Accounts and notes receivable, net	—			35.3		471.2			—			506.5
Inventories, net	—			355.7		131.9			(3.4		)	484.2
Other assets	16.2			23.1		67.5			(28.4		)	78.4
Total current assets	17.8			442.1		709.2			(31.8		)	1,137.3
Property, plant and equipment, net	—			257.6		144.4			(4.2		)	397.8
Goodwill	—			134.9		65.6			—			200.5
Investment in subsidiaries	1,257.7			365.8		(0.6		)	(1,622.9		)	—
Deferred income taxes	3.9			69.1		33.6			(12.2		)	94.4
Other assets, net	2.1			41.3		19.6			(1.5		)	61.5
Intercompany (payables) receivables, net	(559.3		)	554.7		107.4			(102.8		)	—
Total assets	$	722.2		$	1,865.5	$	1,079.2		$	(1,775.4	)	$	1,891.5
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—		$	—	$	0.9		$	—		$	0.9
Current maturities of long-term debt	29.4			2.9		0.3			—			32.6
Accounts payable	21.3			228.0		99.3			—			348.6
Accrued expenses	3.1			209.4		57.8			—			270.3
Income taxes (receivable) payable	(64.5		)	56.5		60.9			(50.8		)	2.1
Total current liabilities	(10.7		)	496.8		219.2			(50.8		)	654.5
Long-term debt	682.8			11.7		276.0			—			970.5
Post-retirement benefits, other than pensions	—			2.6		—			—			2.6
Pensions	—			74.7		9.8			—			84.5
Other liabilities	—			120.6		8.7			—			129.3
Total liabilities	672.1			706.4		513.7			(50.8		)	1,841.4
Commitments and contingencies
Total stockholders' equity	50.1			1,159.1		565.5			(1,724.6		)	50.1
Total liabilities and stockholders' equity	$	722.2		$	1,865.5	$	1,079.2		$	(1,775.4	)	$	1,891.5

Condensed Consolidating Statements of Operations and Comprehensive Income

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended June 30, 2018



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	1,057.8		$	303.8		$	(186.2	)	$	1,175.4
Cost of goods sold	—			745.0			255.3			(186.5		)	813.8
Gross profit	—			312.8			48.5			0.3			361.6
Operating expenses:
Selling, general and administrative expenses	—			151.0			10.7			(0.3		)	161.4
Losses (gains) and other expenses, net	0.3			(3.3		)	3.3			(0.1		)	0.2
Restructuring charges	—			—			0.5			—			0.5
(Gain) loss, net on sale of business and related property	—			(0.9		)	(21.2		)	—			(22.1		)
Loss on assets held for sale	—			—			31.4			—			31.4
Income from equity method investments	(139.6		)	(17.1		)	(3.7		)	155.5			(4.9		)
Operating income	139.3			183.1			27.5			(154.8		)	195.1
Interest expense, net	2.4			5.2			2.2			—			9.8
Other expense, net	—			0.7			0.1			—			0.8
Income (loss) from continuing operations before income taxes	136.9			177.2			25.2			(154.8		)	184.5
Provision for income tax (benefit) expense	(0.7		)	43.8			2.3			(0.1		)	45.3
Income (loss) from continuing operations	137.6			133.4			22.9			(154.7		)	139.2
Loss from discontinued operations, net of tax	—			—			(1.6		)	—			(1.6		)
Net income (loss)	$	137.6		$	133.4		$	21.3		$	(154.7	)	$	137.6
Other comprehensive (loss) income, net of tax	(2.3		)	11.9			(9.3		)	—			0.3
Comprehensive income (loss)	$	135.3		$	145.3		$	12.0		$	(154.7	)	$	137.9

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Operations and Comprehensive Income

For the Three Months Ended June 30, 2017



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net Sales	$	—		$	968.7		$	310.9		$	(177.5	)	$	1,102.1
Cost of goods sold	—			672.7			264.5			(175.9		)	761.3
Gross profit	—			296.0			46.4			(1.6		)	340.8
Operating expenses:
Selling, general and administrative expenses	—			147.9			20.8			(0.2		)	168.5
Losses (gains) and other expenses, net	0.3			1.9			0.2			(0.1		)	2.3
Restructuring charges	—			—			0.1			—			0.1
Income from equity method investments	(120.6		)	(17.5		)	(4.5		)	137.1			(5.5		)
Operating income	120.3			163.7			29.8			(138.4		)	175.4
Interest expense, net	7.4			(0.8		)	1.6			—			8.2
Other expense, net	—			—			(0.1		)	—			(0.1		)
Income from continuing operations before income taxes	112.9			164.5			28.3			(138.4		)	167.3
Provision for income tax (benefit) expense	(2.6		)	47.2			6.5			(0.2		)	50.9
Income from continuing operations	115.5			117.3			21.8			(138.2		)	116.4
Loss from discontinued operations, net of tax	—			—			(0.9		)	—			(0.9		)
Net income	$	115.5		$	117.3		$	20.9		$	(138.2	)	$	115.5
Other comprehensive (loss) income, net of tax	(1.5		)	0.3			10.2			1.1			10.1
Comprehensive (loss) income	$	114.0		$	117.6		$	31.1		$	(137.1	)	$	125.6

Condensed Consolidating Statements of Cash Flows

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Six Months Ended June 30, 2018



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	87.2		$	(7.9	)	$	(114.3	)	$	—	$	(35.0	)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			—			0.1			—		0.1
Purchases of property, plant and equipment	—			(33.0		)	(10.4		)	—		(43.4		)
Proceeds from sale of businesses	—			—			111.8			—		111.8
Net cash (used in) provided by investing activities	—			(33.0		)	101.5			—		68.5
Cash flows from financing activities:
Short-term borrowings, net	—			—			2.9			—		2.9
Asset securitization borrowings	—			—			65.0			—		65.0
Asset securitization payments	—			—			(51.0		)	—		(51.0		)
Long-term debt payments	(15.0		)	(2.7		)	(0.1		)	—		(17.8		)
Long-term borrowings	—			—			—			—		—
Borrowings from credit facility	1,391.0			—			—			—		1,391.0
Payments on credit facility	(1,042.0		)	—			—			—		(1,042.0		)
Proceeds from employee stock purchases	1.2			—			—			—		1.2
Repurchases of common stock	(350.2		)	—			—			—		(350.2		)
Repurchases of common stock to satisfy employee withholding tax obligations	(18.6		)	—			—			—		(18.6		)
Intercompany debt	(53.0		)	83.5			(30.5		)	—		—
Intercompany financing activity	41.8			(45.3		)	3.5			—		—
Cash dividends paid	(42.4		)	—			—			—		(42.4		)
Net cash (used in) provided by financing activities	(87.2		)	35.5			(10.2		)	—		(61.9		)
Decrease in cash and cash equivalents	—			(5.4		)	(23.0		)	—		(28.4		)
Effect of exchange rates on cash and cash equivalents	—			—			(0.4		)	—		(0.4		)
Cash and cash equivalents, beginning of period	1.6			28.0			38.6			—		68.2
Cash and cash equivalents, end of period	$	1.6		$	22.6		$	15.2		$	—	$	39.4

Lennox International Inc. and Subsidiaries

Condensed Consolidating Statements of Cash Flows

For the Six Months Ended June 30, 2017



(Amounts in millions)	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities	$	326.1		$	(191.4	)	$	(183.0	)	$	—	$	(48.3	)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	—			0.1			0.1			—		0.2
Purchases of property, plant and equipment	—			(37.2		)	(6.2		)	—		(43.4		)
Net cash used in investing activities	—			(37.1		)	(6.1		)	—		(43.2		)
Cash flows from financing activities:
Short-term borrowings, net	—			—			(1.1		)	—		(1.1		)
Asset securitization borrowings	—			—			200.0			—		200.0
Asset securitization payments	—			—			—			—		—
Long-term debt payments	(200.0		)	(0.2		)	(0.3		)	—		(200.5		)
Borrowings from credit facility	1,352.5			—			—			—		1,352.5
Payments on credit facility	(1,031.0		)	—			—			—		(1,031.0		)
Proceeds from employee stock purchases	1.5			—			—			—		1.5
Repurchases of common stock	(175.0		)	—			—			—		(175.0		)
Repurchases of common stock to satisfy employee withholding tax obligations	(14.1		)	—			—			—		(14.1		)
Intercompany debt	(25.5		)	6.4			19.1			—		—
Intercompany financing activity	(195.4		)	230.1			(34.7		)	—		—
Cash dividends paid	(36.9		)	—			—			—		(36.9		)
Net cash (used in) provided by financing activities	(323.9		)	236.3			183.0			—		95.4
Increase (decrease) in cash and cash equivalents	2.2			7.8			(6.1		)	—		3.9
Effect of exchange rates on cash and cash equivalents	—			—			7.2			—		7.2
Cash and cash equivalents, beginning of period	1.2			17.1			31.9			—		50.2
Cash and cash equivalents, end of period	$	3.4		$	24.9		$	33.0		$	—	$	61.3

Revenue Recognition (Narrative) (Details) - USD ($)	3 Months Ended	6 Months Ended
Revenue Recognition (Narrative) (Details) - USD ($)	Jun. 30, 2018	Jun. 30, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract with Customer, Liability, Revenue Recognized	$ 1,300,000	$ 2,900,000
Capitalized Contract Cost, Impairment Loss		0
Refrigeration [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	165,400,000	339,000,000
Sales Channel, Directly to Consumer [Member] \| Residential Heating and Cooling [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	546,700,000	886,300,000
Sales Channel, Through Intermediary [Member] \| Residential Heating and Cooling [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	169,300,000	283,400,000
Equipment Sales [Member] \| Commercial Heating and Cooling [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	279,300,000	457,200,000
Commercial Heating and Cooling [Member] \| Commercial Heating and Cooling [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 12,900,000	$ 40,500,000

Revenue Recognition (Cumulative Effect on Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts and notes receivable, net	$ 741.3	$ 514.8	$ 506.5
Accounts Payable, Current	437.5	357.9	348.6
Accrued Liabilities, Current	253.6		270.3
Retained Earnings (Accumulated Deficit)	1,722.8	1,574.9	$ 1,575.9
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts and notes receivable, net	730.5
Accounts Payable, Current	424.2
Retained Earnings (Accumulated Deficit)	1,725.3
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] \| Accounting Standards Update 2014-09 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts and notes receivable, net	10.8	8.3
Accounts Payable, Current	13.3
Accrued Liabilities, Current		9.3
Retained Earnings (Accumulated Deficit)	$ (2.5)	$ (1.0)

Revenue Recognition (Impact of Adoption on Consolidated Balance Sheet and Consolidated Statement of Operations) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Jan. 01, 2018	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts and notes receivable, net	$ 741.3		$ 741.3		$ 514.8	$ 506.5
Accounts Payable, Current	437.5		437.5		357.9	348.6
Retained Earnings (Accumulated Deficit)	1,722.8		1,722.8		1,574.9	$ 1,575.9
Revenue, Net	1,175.4	$ 1,102.1	2,010.2	$ 1,895.6
Cost of Goods and Services Sold	813.8	761.3	1,425.5	1,343.8
Income tax benefit	45.3	50.9	51.4	60.7
Net income	137.6	$ 115.5	175.5	$ 159.0
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] \| Accounting Standards Update 2014-09 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts and notes receivable, net	10.8		10.8		8.3
Accounts Payable, Current	13.3		13.3
Retained Earnings (Accumulated Deficit)	(2.5)		(2.5)		$ (1.0)
Revenue, Net	(0.1)		(0.2)
Net income	0.0		0.0
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Accounts and notes receivable, net	730.5		730.5
Accounts Payable, Current	424.2		424.2
Retained Earnings (Accumulated Deficit)	1,725.3		1,725.3
Revenue, Net	1,175.5		2,010.4
Net income	$ 137.6		$ 175.5

Revenue Recognition (Revenue by Business Segment by Geography) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	$ 1,175.4	$ 1,102.1	$ 2,010.2	$ 1,895.6
Residential Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	716.0	653.5	1,169.7	1,073.3
Commercial Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	292.2	258.6	497.7	454.1
Refrigeration [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	165.4		339.0
Revenue, Net	167.2	$ 190.0	342.8	$ 368.2
UNITED STATES
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	1,095.7		1,838.3
UNITED STATES \| Residential Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	716.0		1,169.7
UNITED STATES \| Commercial Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	252.1		431.2
UNITED STATES \| Refrigeration [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	127.6		237.4
Europe [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	69.1		122.2
Europe [Member] \| Residential Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	0.0		0.0
Europe [Member] \| Commercial Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	40.1		66.5
Europe [Member] \| Refrigeration [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	29.0		55.7
Asia Pacific [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	10.6		49.7
Asia Pacific [Member] \| Residential Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	0.0		0.0
Asia Pacific [Member] \| Commercial Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	0.0		0.0
Asia Pacific [Member] \| Refrigeration [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue, Net	10.6		49.7
Sales Channel, Directly to Consumer [Member] \| Residential Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	546.7		886.3
Sales Channel, Through Intermediary [Member] \| Residential Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	169.3		283.4
Equipment Sales [Member] \| Commercial Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	279.3		457.2
Commercial Heating and Cooling [Member] \| Commercial Heating and Cooling [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 12.9		$ 40.5

Revenue Recognition (Net Contract Assets (Liabilities)) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Revenue Recognition and Deferred Revenue [Abstract]
Contract with Customer, Liability, Revenue Recognized	$ 1.3	$ 2.9
Contract with Customer, Asset, Net	3.5	3.5	$ 2.1
Contract with Customer, Asset, Cumulative Catch-up Adjustment to Revenue, Change in Measure of Progress		$ 1.4
Contract with Customer, Asset, Cumulative Catch-up Adjustment to Revenue, Change in Measure of Progress, Percent		66.70%
Contract with Customer, Liability, Current	(5.0)	$ (5.0)	(7.3)
Contract with Customer, Liability, Current, Net, Change in Timeframe, Performance Obligation Satisfied Revenue Recognized		$ 2.3
Contract with Customer, Liability, Current, Net, Change in Timeframe, Performance Obligation Satisfied Revenue Recognized, Percent		(31.50%)
Contract with Customer, Liability, Noncurrent	(5.6)	$ (5.6)	(5.5)
Contract with Customer, Liability, Noncurrent, Net, Change in Timeframe, Performance Obligation Satisfied Revenue Recognized		$ (0.1)
Contract with Customer, Liability, Noncurrent, Net, Change in Timeframe, Performance Obligation Satisfied Revenue Recognized, Percent		1.80%
Contract with Customer, Asset (Liability), Net	$ (7.1)	$ (7.1)	$ (10.7)
Contract with Customer, Asset (Liability), Change in Timeframe, Performance Obligation Satisfied Revenue Recognized		$ 3.6

Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Components of inventories
Finished goods	$ 365.3	$ 331.9
Work in process	6.4	5.5
Raw materials and parts	221.0	199.2
Subtotal	592.7	536.6
Excess of current cost over last-in, first-out cost	(52.5)	(52.4)
Total inventories, net	$ 540.2	$ 484.2

Goodwill (Details) $ in Millions	6 Months Ended
Goodwill (Details) $ in Millions	Jun. 30, 2018 USD ($)
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 200.5
Changes in foreign currency translation rates	(2.2)
Goodwill, Ending Balance	186.8
Goodwill, Transfers	(11.5)
Residential Heating & Cooling [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	26.1
Transfer to assets held for sale	0.0
Changes in foreign currency translation rates	0.0
Goodwill, Ending Balance	26.1
Commercial Heating & Cooling [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	62.2
Transfer to assets held for sale	0.0
Changes in foreign currency translation rates	(0.6)
Goodwill, Ending Balance	61.6
Refrigeration [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	112.2
Changes in foreign currency translation rates	(1.6)
Goodwill, Ending Balance	99.1
Goodwill, Transfers	$ (11.5)

Derivatives (AOCL Related to Cash Flow Hedges) (Details) - Cash Flow Hedge [Member] - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized losses (gains) on unsettled contracts	$ 0.8	$ (11.3)
Income tax (benefit) expense	(0.1)	3.9
Losses included in AOCL, net of tax	0.7	$ (7.4)
Cash flow hedge derivative losses expected to be reclassified into earnings within the next 12 months	$ 0.2

Derivatives (Outstanding Contracts Designated as Cash Flow Hedges) (Details) - Designated as Hedging Instrument [Member] lb in Millions, $ in Millions, $ in Millions	Jun. 30, 2018 CAD ($) lb	Jun. 30, 2018 MXN ($) lb	Dec. 31, 2017 CAD ($) lb	Dec. 31, 2017 MXN ($) lb
Commodity Contract - Copper [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount (in lbs) \| lb	18.2	18.2	20.6	20.6
Commodity Contract - Aluminum [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount (in lbs) \| lb	24.2	24.2	0.0	0.0
Foreign Exchange Forward [Member] \| Mexican Peso [Member]
Derivative [Line Items]
Derivative, notional amount \| $		$ 96.9		$ 207.3
Foreign Exchange Forward [Member] \| Canadian Dollar [Member]
Derivative [Line Items]
Derivative, notional amount \| $	$ 30.3		$ 68.6

Derivatives (Outstanding Contracts Not Designated as Cash Flow Hedges) (Details) - Not Designated as Hedging Instrument [Member] € in Millions, ₨ in Millions, lb in Millions, $ in Millions, $ in Millions, $ in Millions	Jun. 30, 2018 EUR (€) lb	Jun. 30, 2018 USD ($) lb	Jun. 30, 2018 CAD ($) lb	Jun. 30, 2018 MXN ($) lb	Jun. 30, 2018 INR (₨) lb	Dec. 31, 2017 EUR (€) lb	Dec. 31, 2017 USD ($) lb	Dec. 31, 2017 CAD ($) lb	Dec. 31, 2017 MXN ($) lb	Dec. 31, 2017 INR (₨) lb
Copper Commodity Contract [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount (in lbs) \| lb	1.4	1.4	1.4	1.4	1.4	1.8	1.8	1.8	1.8	1.8
Aluminum Commodity Contract [Member]
Derivative [Line Items]
Derivative, nonmonetary notional amount (in lbs) \| lb	1.4	1.4	1.4	1.4	1.4	1.8	1.8	1.8	1.8	1.8
Foreign Exchange Forward [Member] \| Chinese Yuan [Member]
Derivative [Line Items]
Derivative, notional amount		$ 7.5					$ 73.8
Foreign Exchange Forward [Member] \| Mexican Peso [Member]
Derivative [Line Items]
Derivative, notional amount				$ 47.0					$ 136.6
Foreign Exchange Forward [Member] \| Euro [Member]
Derivative [Line Items]
Derivative, notional amount \| €	€ 28.0					€ 64.4
Foreign Exchange Forward [Member] \| Canadian Dollar [Member]
Derivative [Line Items]
Derivative, notional amount \| €	12.0					27.3
Foreign Exchange Forward [Member] \| British Pounds [Member]
Derivative [Line Items]
Derivative, notional amount			$ 3.9					$ 4.5
Foreign Exchange Forward [Member] \| Singapore, Dollars [Member]
Derivative [Line Items]
Derivative, notional amount		$ 0.0					7.0
Foreign Exchange Forward [Member] \| Australia Dollar [Member]
Derivative [Line Items]
Derivative, notional amount							$ 107.0	$ 0.0
Foreign Exchange Forward [Member] \| New Zealand Dollar [Member]
Derivative [Line Items]
Derivative, notional amount \| €	€ 0.0					€ 5.0
Foreign Exchange Forward [Member] \| Indian Rupee [Member]
Derivative [Line Items]
Derivative, notional amount \| ₨					₨ 0.0					₨ 39.8

Derivatives (Fair Value of Derivative Instruments) (Details) - Fair Value, Inputs, Level 2 [Member] - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total Assets	$ 2.1	$ 11.7
Total Liabilities	2.8	0.3
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.7	11.0
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Non-Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.0	0.6
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	2.3	0.0
Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0.5	0.0
Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	1.4	0.1
Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0.0	0.3
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.0	2.2
Total Liabilities	0.3	1.1
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.0	1.2
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Non-Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.0	0.1
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0.1	0.0
Not Designated as Hedging Instrument [Member] \| Commodity Futures Contracts [Member] \| Other Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	0.0	0.0
Not Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Total Assets	0.0	0.9
Not Designated as Hedging Instrument [Member] \| Foreign Currency Forward Contracts [Member] \| Accrued Expenses [Member]
Derivatives, Fair Value [Line Items]
Total Liabilities	$ 0.2	$ 1.1

Derivatives (Derivative Instruments Classified as Level 2) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Designated as Hedging Instrument [Member] \| Cash Flow Hedge [Member] \| Cost of Goods Sold [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of loss reclassified from AOCL into income (effective portion)	$ (2.6)	$ (2.8)	$ (7.2)	$ (5.9)
Designated as Hedging Instrument [Member] \| Cash Flow Hedge [Member] \| Other Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of loss recognized in net income (ineffective portion)	0.0	0.0	0.0	1.1
Not Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of loss (gain) recognized in net income	0.1	(3.3)	0.4	(5.0)
Not Designated as Hedging Instrument [Member] \| Other Expense [Member] \| Commodity Futures Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of loss (gain) recognized in net income	(0.1)	(0.2)	0.6	(1.1)
Not Designated as Hedging Instrument [Member] \| Other Expense [Member] \| Foreign Currency Forward Contracts [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of loss (gain) recognized in net income	$ 0.2	$ (3.1)	$ (0.2)	$ (3.9)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2018	Jun. 30, 2018
Retained Earnings Adjustments [Line Items]
Unrecognized tax benefits		$ 0.3
Deferred Other Tax Expense (Benefit)		$ 3.8
Accounting Standards Update 2016-16 [Member]
Retained Earnings Adjustments [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	$ 5.1
Accounting Standards Update 2018-02 [Member]
Retained Earnings Adjustments [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	$ (22.7)

Commitments and Contingencies (Liabilities for Estimated Product Warranty Costs) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Total liabilities for estimated warranty
Accrued expenses	$ 35.0	$ 34.8
Other liabilities	75.4	75.1
Total warranty liability	$ 110.4	$ 109.9

Commitments and Contingencies (Changes in Product Warranty Liabilities) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2018 USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total warranty liability, beginning balance	$ (109.9)
Warranty claims paid	(21.7)
Changes resulting from issuance of new warranties	24.2
Changes in estimates associated with pre-existing liabilities	(3.3)
Changes in foreign currency translation rates and other	2.7
Total warranty liability, ending balance	(110.4)
Australia, New Zealand and Asia Businesses \| Discontinued Operations, Held-for-sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total warranty liability, ending balance	$ (1.4)

Commitments and Contingencies (Narrative) (Details)	3 Months Ended		6 Months Ended
Commitments and Contingencies (Narrative) (Details)	Jun. 30, 2018 USD ($)	Jun. 30, 2017 USD ($)	Jun. 30, 2018 USD ($)	Jun. 30, 2017 USD ($)	Oct. 31, 2016 USD ($)	Oct. 31, 2016 RUB (₽)
Product Liability Contingency [Line Items]
Expense for asbestos-related litigation	$ (200,000)	$ 700,000	$ 1,900,000	$ 2,400,000
Unfavorable Regulatory Action [Member]
Product Liability Contingency [Line Items]
Alleged unauthorized payment					$ 475	₽ 30,000

Lines of Credit and Financing Arrangements (Outstanding Debt Obligations) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Short-Term Debt:
Total short-term debt	$ 3.8	$ 0.9
Current maturities of long-term debt:
Capital lease obligations	0.4	3.2
Debt issuance costs	(0.6)	(0.6)
Total current maturities of long-term debt	29.8	32.6
Long-Term Debt:
Capital lease obligations	11.9	11.9
Debt issuance costs	(3.9)	(4.4)
Total long-term debt	1,319.0	970.5
Total debt	1,352.6	1,004.0
Domestic Credit Facility [Member]
Current maturities of long-term debt:
Domestic credit facility and senior unsecured notes	30.0	30.0
Long-Term Debt:
Domestic credit facility and senior unsecured notes	671.0	337.0
Asset Securitization [Member]
Long-Term Debt:
Domestic credit facility and senior unsecured notes	290.0	276.0
Senior Unsecured Notes [Member]
Long-Term Debt:
Domestic credit facility and senior unsecured notes	350.0	350.0
Foreign Obligations [Member]
Short-Term Debt:
Total short-term debt	$ 3.8	$ 0.9

Lines of Credit and Financing Arrangements (Foreign Obligations) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Short-term Debt [Line Items]
Short-term debt	$ 3.8		$ 0.9
Foreign Obligations [Member]
Short-term Debt [Line Items]
Short-term debt	3.8		$ 0.9
Proceeds on facilities	21.3	$ 0.8
Repayments on facilities	$ 15.6	$ 1.8

Lines of Credit and Financing Arrangements (Asset Securitization Program) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Line of Credit Facility [Line Items]
Asset Securitization Borrowing Capacity	$ 0	$ 14,000,000
Maximum securitization as percentage of net pool balance	100.00%
Program fee percentage	0.70%
Average floating commercial paper rate (as a percent)	2.93%	2.60%
Unused fee (as a percent)	101.00%
Fixed rate of agreement (as a percent)	0.35%
Senior Unsecured Notes [Member]
Line of Credit Facility [Line Items]
Minimum principal amount accelerated	$ 75,000,000.0
Minimum [Member]
Line of Credit Facility [Line Items]
Asset Securitization Borrowing Capacity	225,000,000
Maximum [Member]
Line of Credit Facility [Line Items]
Asset Securitization Borrowing Capacity	$ 380,000,000

Lines of Credit and Financing Arrangements (Eligible Amounts Available and Beneficial Interest Sold) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Eligible amounts available and beneficial interests sold
Eligible amount available under the ASP on qualified accounts receivable	$ 290.0	$ 290.0
Less: Beneficial interest transferred	(290.0)	(276.0)
Remaining amount available	$ 0.0	$ 14.0

Lines of Credit and Financing Arrangements (Domestic Credit Facility) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Nov. 13, 2014
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 650,000,000
Subfacility for Swingline Loans [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 65,000,000
Line of Credit [Member]
Line of Credit Facility [Line Items]
Minimum principal amount accelerated	75,000,000
Medium-term Notes [Member] \| Domestic Credit Facility [Member]
Line of Credit Facility [Line Items]
Face amount of debt	205,000,000	$ 250,000,000
Periodic payments	7,500,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Outstanding borrowings	701,000,000
Committed standby letters of credit	2,900,000
Available for future borrowings	151,100,000
Revolving Credit Facility [Member] \| Domestic Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum increase in borrowings	$ 350,000,000

Lines of Credit and Financing Arrangements (Weighted Average Borrowing Rate) (Details)	Jun. 30, 2018	Dec. 31, 2017
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Weighted average borrowing rate	3.27%	2.76%

Lines of Credit and Financing Arrangements (Credit Facility Ratios) (Details) - Revolving Credit Facility [Member]	6 Months Ended
	Jun. 30, 2018
Maximum [Member]
Line of Credit Facility [Line Items]
Consolidated Indebtedness to Adjusted EBITDA Ratio no greater than	3.5
Minimum [Member]
Line of Credit Facility [Line Items]
Cash Flow to Net Interest Expense Ratio no less than	3.0

Lines of Credit and Financing Arrangements (Senior Unsecured Notes) (Details) - Senior Unsecured Notes [Member] - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Nov. 01, 2016
Debt Instrument [Line Items]
Senior unsecured notes			$ 350,000,000.0
Fixed interest rate for senior unsecured notes (as a percent)			3.00%
Maturity date of senior unsecured notes	Nov. 15, 2023
Minimum principal amount accelerated		$ 75,000,000.0
Notice period		30 days

Pension and Post-Retirement Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Pension Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 1.3	$ 1.2	$ 2.7	$ 2.5
Interest cost	3.1	3.1	6.2	6.4
Expected return on plan assets	(4.7)	(5.4)	(9.4)	(10.7)
Amortization of prior service cost	0.1	0.1	0.1	0.1
Recognized actuarial loss	2.3	2.0	4.6	4.0
Settlements and curtailments	0.0	0.3	0.0	0.6
Net periodic benefit cost	2.1	1.3	4.2	2.9
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	0.0	0.0	0.0	0.0
Expected return on plan assets	0.0	0.0	0.0	0.0
Amortization of prior service cost	(0.3)	(0.6)	(0.7)	(1.2)
Recognized actuarial loss	0.3	0.4	0.7	0.7
Settlements and curtailments	0.0	0.0	0.0	0.0
Net periodic benefit cost	$ 0.0	$ (0.2)	$ 0.0	$ (0.5)

Pension and Post-Retirement Benefit Plans (Narrative) (Details) - Domestic Plan [Member] - Pension Plan [Member] - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Effect of 25 Basis Point Decrease	$ 0.7
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets	6.50%	7.50%

Stock-Based Compensation (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
Stock-Based Compensation (Details) - USD ($) $ in Millions	Feb. 08, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Accelerated Share Repurchases, Percentages of Shares to be Repurchased	85.00%
Stock-based compensation expense		$ 8.8	$ 7.6	$ 13.6	$ 12.5

Stock Repurchases (Details) - USD ($) shares in Millions		3 Months Ended	6 Months Ended
Stock Repurchases (Details) - USD ($) shares in Millions	Feb. 08, 2018	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017	Mar. 16, 2018
Stockholders' Equity Note [Abstract]
Stock repurchase program, authorized amount		$ 2,500,000,000.0	$ 2,500,000,000.0		$ 500,000,000
Stock repurchase program, remaining authorized amount		$ 546,000,000	$ 546,000,000
Accelerated share repurchases, initial price to be paid	$ 150,000,000
Accelerated share repurchases, percentage of shares to be repurchased	85.00%
Accelerated share repurchases, number of shares		0.7
Stock Repurchased During Period, Shares		1.0
Stock Repurchased During Period, Value		$ 200,200,000
Shares repurchased from employees who surrendered shares to satisfy minimum tax withholding obligations			0.1
Shares repurchased from employees who surrendered shares to satisfy minimum tax withholding obligations, value			$ 18,600,000	$ 14,100,000

Comprehensive Income (Reclassification out of AOCL) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold; Selling, general and administrative expenses	$ (813.8)	$ (761.3)	$ (1,425.5)	$ (1,343.8)
Income tax expense	(45.3)	(50.9)	(51.4)	(60.7)
Foreign currency adjustments upon sale of business or transfer to assets held for sale			(20.8)
Income tax benefit	0.0	0.0	0.0	0.0
Net of tax	(22.9)	0.0	(22.9)	0.0
(Losses)/Gains on Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Foreign currency adjustments upon sale of business or transfer to assets held for sale			5.6
Defined Benefit Plan Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Foreign currency adjustments upon sale of business or transfer to assets held for sale			(3.5)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Foreign currency adjustments upon sale of business or transfer to assets held for sale	22.9	0.0	(22.9)	0.0
Reclassification out of Accumulated Other Comprehensive Loss [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net of tax	(22.7)	0.5	(20.8)	1.3
Reclassification out of Accumulated Other Comprehensive Loss [Member] \| (Losses)/Gains on Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense	(0.6)	(1.0)	(1.6)	(2.1)
Net of tax	2.0	1.8	5.6	3.8
Reclassification out of Accumulated Other Comprehensive Loss [Member] \| (Losses)/Gains on Cash Flow Hedges [Member] \| Commodity Futures Contracts [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold; Selling, general and administrative expenses	2.6	2.8	7.2	5.9
Reclassification out of Accumulated Other Comprehensive Loss [Member] \| Defined Benefit Plan Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of goods sold; Selling, general and administrative expenses	(2.4)	(1.9)	(4.7)	(3.6)
Income tax expense	0.6	0.6	1.2	1.1
Net of tax	$ (1.8)	$ (1.3)	$ (3.5)	$ (2.5)

Comprehensive Income (Changes in AOCL) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of beginning of period			$ (157.4)
Other comprehensive (loss) income before reclassifications			(44.4)
Amounts reclassified from AOCL			20.8
Net other comprehensive (loss) income			(23.6)
Balance as of end of period	$ (181.0)		(181.0)
Gains (Losses) on Cash Flow Hedges [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of beginning of period			7.4
Other comprehensive (loss) income before reclassifications			(2.5)
Amounts reclassified from AOCL			(5.6)
Net other comprehensive (loss) income			(8.1)
Balance as of end of period	(0.7)		(0.7)
Unrealized Gains on Available-for-Sale Securities [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of beginning of period			1.8
Other comprehensive (loss) income before reclassifications			(1.8)
Amounts reclassified from AOCL			0.0
Net other comprehensive (loss) income			(1.8)
Balance as of end of period	0.0		0.0
Defined Benefit Pension Plan Items [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of beginning of period			(127.5)
Other comprehensive (loss) income before reclassifications			(27.2)
Amounts reclassified from AOCL			3.5
Net other comprehensive (loss) income			(23.7)
Balance as of end of period	(151.2)		(151.2)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Changes in AOCI by component (net of tax) [Roll Forward]
Balance as of beginning of period			(39.1)
Other comprehensive (loss) income before reclassifications			(12.9)
Amounts reclassified from AOCL	(22.9)	$ 0.0	22.9	$ 0.0
Net other comprehensive (loss) income			10.0
Balance as of end of period	$ (29.1)		$ (29.1)

Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Restructuring Charges (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Information regarding restructuring charges
Charges Incurred in 2018			$ 1.3
Charges Incurred to Date	$ 20.1		20.1
Total Charges Expected to be Incurred	21.4		21.4
Details activity within the restructuring reserves
Beginning balance			0.2
Included in Earnings	0.5	$ 0.1	1.3	$ 0.2
Cash Utilization			(0.7)
Non-Cash Utilization and Other			(0.2)
Ending balance	0.6		0.6
Residential Heating & Cooling [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.3
Charges Incurred to Date	1.7		1.7
Total Charges Expected to be Incurred	3.0		3.0
Commercial Heating & Cooling [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.7
Charges Incurred to Date	2.7		2.7
Total Charges Expected to be Incurred	2.7		2.7
Refrigeration [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.3
Charges Incurred to Date	13.4		13.4
Total Charges Expected to be Incurred	13.4		13.4
Corporate & Other [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.0
Charges Incurred to Date	2.3		2.3
Total Charges Expected to be Incurred	2.3		2.3
Severance and Related Expense [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.3
Charges Incurred to Date	11.6		11.6
Total Charges Expected to be Incurred	11.6		11.6
Details activity within the restructuring reserves
Beginning balance			0.2
Included in Earnings			0.3
Cash Utilization			(0.4)
Non-Cash Utilization and Other			0.0
Ending balance	0.1		0.1
Asset Write-offs and Accelerated Depreciation [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.0
Charges Incurred to Date	3.2		3.2
Total Charges Expected to be Incurred	3.2		3.2
Lease Termination [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.7
Charges Incurred to Date	0.9		0.9
Total Charges Expected to be Incurred	0.9		0.9
Details activity within the restructuring reserves
Beginning balance			0.0
Included in Earnings			0.7
Cash Utilization			0.0
Non-Cash Utilization and Other			(0.2)
Ending balance	0.5		0.5
Other [Member]
Information regarding restructuring charges
Charges Incurred in 2018			0.3
Charges Incurred to Date	4.4		4.4
Total Charges Expected to be Incurred	5.7		5.7
Details activity within the restructuring reserves
Beginning balance			0.0
Included in Earnings			0.3
Cash Utilization			(0.3)
Non-Cash Utilization and Other			0.0
Ending balance	$ 0.0		$ 0.0

Divestitures (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
Divestitures (Details) - USD ($) $ in Millions	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on sale of business				$ 12.0	$ 0.0
Net proceeds from sale of business and related property				111.8	0.0
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Loss on assets held for sale	$ 31.4		$ 0.0	31.4	$ 0.0
Liabilities held for sale
Short-term debt	3.8			3.8		$ 0.9
Australia, New Zealand and Asia Businesses \| Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received from the buyer				80.1
Net assets sold				(83.4)
AOCI reclassification adjustments, primarily foreign currency translation				(3.2)
Direct costs to sell				(5.5)
Loss on sale of business				(12.0)
Impairment reserve		$ 10.3
Milperra Property \| Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Direct costs to sell				(1.5)
Loss on sale of business				(23.8)
Net proceeds from sale of business and related property				37.2
Brazil Business \| Discontinued Operations, Held-for-sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
AOCI reclassification adjustments, primarily foreign currency translation				(19.7)
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Accounts and notes receivable, net of allowances	4.5			4.5
Inventories, net	5.0			5.0
Other assets	2.1			2.1
Loss on assets held for sale				(31.4)
Total assets held for sale	11.6			11.6
Liabilities held for sale
Short-term debt	1.4			1.4
Accounts payable	2.2			2.2
Accrued expenses	3.5			3.5
Income taxes payable	0.1			0.1
Other liabilities	0.2			0.2
Total liabilities held for sale	$ 7.4			$ 7.4

Earnings Per Share (Computation of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Earnings Per Share [Abstract]
Net income	$ 137.6	$ 115.5	$ 175.5	$ 159.0
Add: Loss from discontinued operations	1.6	0.9	1.6	0.9
Income from continuing operations	$ 139.2	$ 116.4	$ 177.1	$ 159.9
Weighted-average shares outstanding – basic	40.7	42.3	41.1	42.6
Add: Potential effect of dilutive securities attributable to stock-based payments	0.4	0.6	0.5	0.6
Weighted-average shares outstanding – diluted	41.1	42.9	41.6	43.2
Earnings per share – Basic:
Income from continuing operations (in dollars per share)	$ 3.42	$ 2.75	$ 4.31	$ 3.76
Loss from discontinued operations (in dollars per share)	(0.04)	(0.02)	(0.04)	(0.02)
Net income (in dollars per share)	3.38	2.73	4.27	3.74
Earnings per share – Diluted:
Income from continuing operations (in dollars per share)	3.39	2.71	4.26	3.70
Loss from discontinued operations (in dollars per share)	(0.04)	(0.02)	(0.04)	(0.02)
Net income (in dollars per share)	$ 3.35	$ 2.69	$ 4.22	$ 3.68

Earnings Per Share (Excluded from Diluted Earnings Per Share Calculation) (Details) - $ / shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average number of shares	0.2	0.0	0.2	0.2
Price range per share (in dollars per share)	$ 205.53	$ 0.00	$ 205.53	$ 156.94
Minimum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Price range per share (in dollars per share)		0.00		156.94
Maximum [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Price range per share (in dollars per share)		$ 0.00		$ 156.94

Reportable Business Segments (Segment Description) (Details)	6 Months Ended
	Jun. 30, 2018 Segment
Segment Reporting, Measurement Disclosures [Abstract]
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 (Segment Data) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Net sales
Net sales	$ 1,175.4	$ 1,102.1	$ 2,010.2	$ 1,895.6
Segment profit (loss)
Total segment profit	205.3	182.9	276.1	247.6
Reconciliation to Operating income:
Special inventory write down	0.0	0.0	0.2	0.0
One time inventory write down	0.0	5.2	0.0	5.2
(Gain) loss, net on sale of business and related property	(22.1)	0.0	(11.8)	0.0
Loss on assets held for sale	31.4	0.0	31.4	0.0
Items in Losses (gains) and other expenses, net that are excluded from segment profit (loss)	0.4	2.2	6.9	6.0
Restructuring charges	0.5	0.1	1.3	0.2
Operating income	195.1	175.4	248.1	236.2
Residential Heating & Cooling [Member]
Net sales
Net sales	716.0	653.5	1,169.7	1,073.3
Segment profit (loss)
Total segment profit	153.6	140.5	204.9	182.9
Commercial Heating & Cooling [Member]
Net sales
Net sales	292.2	258.6	497.7	454.1
Segment profit (loss)
Total segment profit	52.6	44.7	72.1	63.8
Refrigeration [Member]
Net sales
Net sales	167.2	190.0	342.8	368.2
Segment profit (loss)
Total segment profit	21.9	21.6	33.0	35.7
Corporate & Other [Member]
Segment profit (loss)
Total segment profit	22.8	$ 23.9	33.9	$ 34.8
UNITED STATES
Net sales
Net sales	1,095.7		1,838.3
UNITED STATES \| Residential Heating & Cooling [Member]
Net sales
Net sales	716.0		1,169.7
UNITED STATES \| Commercial Heating & Cooling [Member]
Net sales
Net sales	252.1		431.2
UNITED STATES \| Refrigeration [Member]
Net sales
Net sales	$ 127.6		$ 237.4

Fair Value Measurements (Assets and Liabilities Carried at Fair Value on Recurring Basis) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Level 1 [Member]
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Investment in marketable equity securities	$ 0.0	$ 4.1

- Definition

Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.

+ References + Details

Fair Value Measurements (Other Fair Value Disclosures) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Level 2 [Member] \| Senior Unsecured Notes [Member]
Other Fair Value Measurements
Senior unsecured notes	$ 292.4	$ 308.1

Condensed Consolidating Financial Statements (Narrative) (Details)	6 Months Ended
	Jun. 30, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Subsidiaries, ownership percentage	100.00%

Condensed Consolidating Financial Statements (Balance Sheets) (Details) - USD ($) $ in Millions	Jun. 30, 2018	Jan. 01, 2018	Dec. 31, 2017	Jun. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 39.4		$ 68.2	$ 61.3	$ 50.2
Accounts and notes receivable, net	741.3	$ 514.8	506.5
Inventories, net	540.2		484.2
Assets held for sale	11.6		0.0
Other assets	53.3		78.4
Total current assets	1,385.8		1,137.3
Property, plant and equipment, net	371.0		397.8
Goodwill	186.8		200.5
Investment in subsidiaries	0.0		0.0
Deferred income taxes	89.2		94.4
Other assets, net	66.6		61.5
Intercompany receivables (payables), net	0.0		0.0
Total assets	2,099.4		1,891.5
Current Liabilities:
Short-term debt	3.8		0.9
Current maturities of long-term debt	29.8		32.6
Accounts payable	437.5	$ 357.9	348.6
Accrued expenses	253.6		270.3
Liabilities held for sale	7.4		0.0
Income taxes (receivable) payable	12.0		2.1
Total current liabilities	744.1		654.5
Long-term debt	1,319.0		970.5
Post-retirement benefits, other than pensions	2.5		2.6
Pensions	86.5		84.5
Other liabilities	127.5		129.3
Total liabilities	2,279.6		1,841.4
Commitments and contingencies
Total stockholders' equity	(180.2)		50.1
Total liabilities and stockholders' equity	2,099.4		1,891.5
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	(5.2)		(3.4)
Assets held for sale	0.0
Other assets	(33.7)		(28.4)
Total current assets	(38.9)		(31.8)
Property, plant and equipment, net	(3.9)		(4.2)
Goodwill	0.0		0.0
Investment in subsidiaries	(2,266.2)		(1,622.9)
Deferred income taxes	(12.2)		(12.2)
Other assets, net	(1.5)		(1.5)
Intercompany receivables (payables), net	(73.7)		(102.8)
Total assets	(2,396.4)		(1,775.4)
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
Liabilities held for sale	0.0
Income taxes (receivable) payable	(50.9)		(50.8)
Total current liabilities	(50.9)		(50.8)
Long-term debt	0.0		0.0
Post-retirement benefits, other than pensions	0.0		0.0
Pensions	0.0		0.0
Other liabilities	0.0		0.0
Total liabilities	(50.9)		(50.8)
Commitments and contingencies
Total stockholders' equity	(2,345.5)		(1,724.6)
Total liabilities and stockholders' equity	(2,396.4)		(1,775.4)
Parent [Member]
Current Assets:
Cash and cash equivalents	1.6		1.6	3.4	1.2
Accounts and notes receivable, net	0.0		0.0
Inventories, net	0.0		0.0
Assets held for sale	0.0
Other assets	4.0		16.2
Total current assets	5.6		17.8
Property, plant and equipment, net	0.0		0.0
Goodwill	0.0		0.0
Investment in subsidiaries	1,668.2		1,257.7
Deferred income taxes	7.4		3.9
Other assets, net	1.5		2.1
Intercompany receivables (payables), net	(771.2)		(559.3)
Total assets	911.5		722.2
Current Liabilities:
Short-term debt	0.0		0.0
Current maturities of long-term debt	29.4		29.4
Accounts payable	25.8		21.3
Accrued expenses	4.3		3.1
Liabilities held for sale	0.0
Income taxes (receivable) payable	14.8		(64.5)
Total current liabilities	74.3		(10.7)
Long-term debt	1,017.4		682.8
Post-retirement benefits, other than pensions	0.0		0.0
Pensions	0.0		0.0
Other liabilities	0.0		0.0
Total liabilities	1,091.7		672.1
Commitments and contingencies
Total stockholders' equity	(180.2)		50.1
Total liabilities and stockholders' equity	911.5		722.2
Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	22.6		28.0	24.9	17.1
Accounts and notes receivable, net	67.5		35.3
Inventories, net	442.9		355.7
Assets held for sale	0.0
Other assets	27.5		23.1
Total current assets	560.5		442.1
Property, plant and equipment, net	260.7		257.6
Goodwill	166.2		134.9
Investment in subsidiaries	598.5		365.8
Deferred income taxes	69.0		69.1
Other assets, net	46.9		41.3
Intercompany receivables (payables), net	718.9		554.7
Total assets	2,420.7		1,865.5
Current Liabilities:
Short-term debt	0.0		0.0
Current maturities of long-term debt	0.1		2.9
Accounts payable	301.1		228.0
Accrued expenses	208.5		209.4
Liabilities held for sale	0.0
Income taxes (receivable) payable	11.4		56.5
Total current liabilities	521.1		496.8
Long-term debt	11.6		11.7
Post-retirement benefits, other than pensions	2.5		2.6
Pensions	77.8		74.7
Other liabilities	119.7		120.6
Total liabilities	732.7		706.4
Commitments and contingencies
Total stockholders' equity	1,688.0		1,159.1
Total liabilities and stockholders' equity	2,420.7		1,865.5
Non-Guarantor Subsidiaries [Member]
Current Assets:
Cash and cash equivalents	15.2		38.6	$ 33.0	$ 31.9
Accounts and notes receivable, net	673.8		471.2
Inventories, net	102.5		131.9
Assets held for sale	11.6
Other assets	55.5		67.5
Total current assets	858.6		709.2
Property, plant and equipment, net	114.2		144.4
Goodwill	20.6		65.6
Investment in subsidiaries	(0.5)		(0.6)
Deferred income taxes	25.0		33.6
Other assets, net	19.7		19.6
Intercompany receivables (payables), net	126.0		107.4
Total assets	1,163.6		1,079.2
Current Liabilities:
Short-term debt	3.8		0.9
Current maturities of long-term debt	0.3		0.3
Accounts payable	110.6		99.3
Accrued expenses	40.8		57.8
Liabilities held for sale	7.4
Income taxes (receivable) payable	36.7		60.9
Total current liabilities	199.6		219.2
Long-term debt	290.0		276.0
Post-retirement benefits, other than pensions	0.0		0.0
Pensions	8.7		9.8
Other liabilities	7.8		8.7
Total liabilities	506.1		513.7
Commitments and contingencies
Total stockholders' equity	657.5		565.5
Total liabilities and stockholders' equity	$ 1,163.6		$ 1,079.2

Condensed Consolidating Financial Statements (Statements of Operations and Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Condensed Consolidating Statements of Operations
Net sales	$ 1,175.4	$ 1,102.1	$ 2,010.2	$ 1,895.6
Cost of goods sold	813.8	761.3	1,425.5	1,343.8
Gross profit	361.6	340.8	584.7	551.8
Operating Expenses:
Selling, general and administrative expenses	161.4	168.5	316.6	320.9
Losses and other expenses, net	0.2	2.3	7.5	5.4
Restructuring charges	0.5	0.1	1.3	0.2
(Gain) loss, net on sale of business and related property	(22.1)	0.0	(11.8)	0.0
Loss on assets held for sale	31.4	0.0	31.4	0.0
Income from equity method investments	(4.9)	(5.5)	(8.4)	(10.9)
Operating income	195.1	175.4	248.1	236.2
Interest expense, net	9.8	8.2	18.2	15.7
Other expense, net	0.8	(0.1)	1.4	(0.1)
Income from continuing operations before income taxes	184.5	167.3	228.5	220.6
Income tax benefit	45.3	50.9	51.4	60.7
Income from continuing operations	139.2	116.4	177.1	159.9
Loss from discontinued operations	(1.6)	(0.9)	(1.6)	(0.9)
Net income	137.6	115.5	175.5	159.0
Other comprehensive income (loss), net of tax	0.3	10.1	(23.6)	28.6
Comprehensive income	137.9	125.6	151.9	187.6
Eliminations [Member]
Condensed Consolidating Statements of Operations
Net sales	(186.2)	(177.5)	(346.7)	(329.1)
Cost of goods sold	(186.5)	(175.9)	(344.7)	(324.3)
Gross profit	0.3	(1.6)	(2.0)	(4.8)
Operating Expenses:
Selling, general and administrative expenses	(0.3)	(0.2)	(0.5)	(0.4)
Losses and other expenses, net	(0.1)	(0.1)	(0.2)	(0.1)
Restructuring charges	0.0	0.0	0.0	0.0
(Gain) loss, net on sale of business and related property	0.0		0.0
Loss on assets held for sale	0.0		0.0
Income from equity method investments	155.5	137.1	200.3	197.8
Operating income	(154.8)	(138.4)	(201.6)	(202.1)
Interest expense, net	0.0	0.0	0.0	0.0
Other expense, net	0.0	0.0	0.0	0.0
Income from continuing operations before income taxes	(154.8)	(138.4)	(201.6)	(202.1)
Income tax benefit	(0.1)	(0.2)	0.2	(1.0)
Income from continuing operations	(154.7)	(138.2)	(201.8)	(201.1)
Loss from discontinued operations	0.0	0.0	0.0	0.0
Net income	(154.7)	(138.2)	(201.8)	(201.1)
Other comprehensive income (loss), net of tax	0.0	1.1	0.0	109.5
Comprehensive income	(154.7)	(137.1)	(201.8)	(91.6)
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 and other expenses, net	0.3	0.3	1.4	0.9
Restructuring charges	0.0	0.0	0.0	0.0
(Gain) loss, net on sale of business and related property	0.0		0.0
Loss on assets held for sale	0.0		0.0
Income from equity method investments	(139.6)	(120.6)	(180.2)	(169.3)
Operating income	139.3	120.3	178.8	168.4
Interest expense, net	2.4	7.4	4.8	14.7
Other expense, net	0.0	0.0	0.0	0.0
Income from continuing operations before income taxes	136.9	112.9	174.0	153.7
Income tax benefit	(0.7)	(2.6)	(1.5)	(5.3)
Income from continuing operations	137.6	115.5	175.5	159.0
Loss from discontinued operations	0.0	0.0	0.0	0.0
Net income	137.6	115.5	175.5	159.0
Other comprehensive income (loss), net of tax	(2.3)	(1.5)	(9.4)	(72.8)
Comprehensive income	135.3	114.0	166.1	86.2
Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations
Net sales	1,057.8	968.7	1,774.1	1,655.0
Cost of goods sold	745.0	672.7	1,278.3	1,186.0
Gross profit	312.8	296.0	495.8	469.0
Operating Expenses:
Selling, general and administrative expenses	151.0	147.9	284.7	278.5
Losses and other expenses, net	(3.3)	1.9	0.7	3.8
Restructuring charges	0.0	0.0	0.7	0.1
(Gain) loss, net on sale of business and related property	(0.9)		(0.9)
Loss on assets held for sale	0.0		0.0
Income from equity method investments	(17.1)	(17.5)	(21.7)	(30.1)
Operating income	183.1	163.7	232.3	216.7
Interest expense, net	5.2	(0.8)	9.3	(1.7)
Other expense, net	0.7	0.0	1.4	0.0
Income from continuing operations before income taxes	177.2	164.5	221.6	218.4
Income tax benefit	43.8	47.2	49.2	54.3
Income from continuing operations	133.4	117.3	172.4	164.1
Loss from discontinued operations	0.0	0.0	0.0	0.0
Net income	133.4	117.3	172.4	164.1
Other comprehensive income (loss), net of tax	11.9	0.3	(8.8)	(29.1)
Comprehensive income	145.3	117.6	163.6	135.0
Non-Guarantor Subsidiaries [Member]
Condensed Consolidating Statements of Operations
Net sales	303.8	310.9	582.8	569.7
Cost of goods sold	255.3	264.5	491.9	482.1
Gross profit	48.5	46.4	90.9	87.6
Operating Expenses:
Selling, general and administrative expenses	10.7	20.8	32.4	42.8
Losses and other expenses, net	3.3	0.2	5.6	0.8
Restructuring charges	0.5	0.1	0.6	0.1
(Gain) loss, net on sale of business and related property	(21.2)		(10.9)
Loss on assets held for sale	31.4		31.4
Income from equity method investments	(3.7)	(4.5)	(6.8)	(9.3)
Operating income	27.5	29.8	38.6	53.2
Interest expense, net	2.2	1.6	4.1	2.7
Other expense, net	0.1	(0.1)	0.0	(0.1)
Income from continuing operations before income taxes	25.2	28.3	34.5	50.6
Income tax benefit	2.3	6.5	3.5	12.7
Income from continuing operations	22.9	21.8	31.0	37.9
Loss from discontinued operations	(1.6)	(0.9)	(1.6)	(0.9)
Net income	21.3	20.9	29.4	37.0
Other comprehensive income (loss), net of tax	(9.3)	10.2	(5.4)	21.0
Comprehensive income	$ 12.0	$ 31.1	$ 24.0	$ 58.0

Condensed Consolidating Financial Statements (Statements of Cash Flows) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities	$ (35.0)	$ (48.3)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.1	0.2
Purchases of property, plant and equipment	(43.4)	(43.4)
Net proceeds from sale of business and related property	111.8	0.0
Net cash used in investing activities	68.5	(43.2)
Cash flows from financing activities:
Short-term borrowings, net	2.9	(1.1)
Asset securitization borrowings	65.0	200.0
Asset securitization payments	(51.0)	0.0
Long-term debt payments	(17.8)	(200.5)
Long-term borrowings	0.0
Borrowings from credit facility	1,391.0	1,352.5
Payments on credit facility	(1,042.0)	(1,031.0)
Proceeds from employee stock purchases	1.2	1.5
Repurchases of common stock	(350.2)	(175.0)
Repurchases of common stock to satisfy employee withholding tax obligations	(18.6)	(14.1)
Intercompany debt	0.0	0.0
Intercompany financing activity	0.0	0.0
Cash dividends paid	(42.4)	(36.9)
Net cash provided by financing activities	(61.9)	95.4
(Decrease) increase in cash and cash equivalents	(28.4)	3.9
Effect of exchange rates on cash and cash equivalents	(0.4)	7.2
Cash and cash equivalents, beginning of period	68.2	50.2
Cash and cash equivalents, end of period	39.4	61.3
Eliminations [Member]
Condensed Cash Flow Statements, Captions [Line Items]
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	0.0
Purchases of property, plant and equipment	0.0	0.0
Net proceeds from sale of business and related property	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
Long-term borrowings	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
Intercompany debt	0.0	0.0
Intercompany financing activity	0.0	0.0
Cash dividends paid	0.0	0.0
Net cash provided by financing activities	0.0	0.0
(Decrease) 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
Parent [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities	87.2	326.1
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.0	0.0
Purchases of property, plant and equipment	0.0	0.0
Net proceeds from sale of business and related property	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	(15.0)	(200.0)
Long-term borrowings	0.0
Borrowings from credit facility	1,391.0	1,352.5
Payments on credit facility	(1,042.0)	(1,031.0)
Proceeds from employee stock purchases	1.2	1.5
Repurchases of common stock	(350.2)	(175.0)
Repurchases of common stock to satisfy employee withholding tax obligations	(18.6)	(14.1)
Intercompany debt	(53.0)	(25.5)
Intercompany financing activity	41.8	(195.4)
Cash dividends paid	(42.4)	(36.9)
Net cash provided by financing activities	(87.2)	(323.9)
(Decrease) increase in cash and cash equivalents	0.0	2.2
Effect of exchange rates on cash and cash equivalents	0.0	0.0
Cash and cash equivalents, beginning of period	1.6	1.2
Cash and cash equivalents, end of period	1.6	3.4
Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities	(7.9)	(191.4)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.0	0.1
Purchases of property, plant and equipment	(33.0)	(37.2)
Net proceeds from sale of business and related property	0.0
Net cash used in investing activities	(33.0)	(37.1)
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	(2.7)	(0.2)
Long-term borrowings	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
Intercompany debt	83.5	6.4
Intercompany financing activity	(45.3)	230.1
Cash dividends paid	0.0	0.0
Net cash provided by financing activities	35.5	236.3
(Decrease) increase in cash and cash equivalents	(5.4)	7.8
Effect of exchange rates on cash and cash equivalents	0.0	0.0
Cash and cash equivalents, beginning of period	28.0	17.1
Cash and cash equivalents, end of period	22.6	24.9
Non-Guarantor Subsidiaries [Member]
Condensed Cash Flow Statements, Captions [Line Items]
Cash flows from operating activities	(114.3)	(183.0)
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment	0.1	0.1
Purchases of property, plant and equipment	(10.4)	(6.2)
Net proceeds from sale of business and related property	111.8
Net cash used in investing activities	101.5	(6.1)
Cash flows from financing activities:
Short-term borrowings, net	2.9	(1.1)
Asset securitization borrowings	65.0	200.0
Asset securitization payments	(51.0)	0.0
Long-term debt payments	(0.1)	(0.3)
Long-term borrowings	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
Intercompany debt	(30.5)	19.1
Intercompany financing activity	3.5	(34.7)
Cash dividends paid	0.0	0.0
Net cash provided by financing activities	(10.2)	183.0
(Decrease) increase in cash and cash equivalents	(23.0)	(6.1)
Effect of exchange rates on cash and cash equivalents	(0.4)	7.2
Cash and cash equivalents, beginning of period	38.6	31.9
Cash and cash equivalents, end of period	$ 15.2	$ 33.0