Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2015	Jan. 31, 2016	Jun. 30, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Trading Symbol	UIS
Entity Registrant Name	UNISYS CORP
Entity Central Index Key	0000746838
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		49,946,161
Entity Public Float			$ 994.4

Consolidated Statements of Income - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Revenue

Services

$ 2,605.6

$ 2,785.7

^[1]

$ 2,850.0

^[1]

Technology

409.5

570.7

^[1]

606.5

^[1]

Total revenue

3,015.1

3,356.4

3,456.5

Cost of revenue:

Services

2,306.7

2,337.8

^[1]

2,351.0

^[1]

Technology

167.5

240.8

^[1]

257.1

^[1]

Cost of Revenue, Total

2,474.2

2,578.6

2,608.1

Selling, general and administrative expenses

519.6

554.1

559.4

Research and development expenses

76.4

68.8

69.5

Costs and Expenses, Total

3,070.2

3,201.5

3,237.0

Operating profit (loss)

(55.1)

154.9

219.5

Interest expense

11.9

9.2

9.9

Other income (expense), net

8.2

(0.2)

9.8

Income (loss) before income taxes

(58.8)

145.5

219.4

Provision for income taxes

44.4

86.2

99.3

Consolidated net income (loss)

(103.2)

59.3

120.1

Net income attributable to noncontrolling interests

6.7

12.6

11.6

Net income (loss) attributable to Unisys Corporation

(109.9)

46.7

108.5

Preferred stock dividends

2.7

16.2

Net income (loss) attributable to Unisys Corporation common shareholders

$ (109.9)

$ 44.0

$ 92.3

Earnings (loss) per common share attributable to Unisys Corporation

Basic

$ (2.20)

$ 0.89

$ 2.10

Diluted

$ (2.20)

$ 0.89

$ 2.08

[1]	Changed to conform to the current-year presentation. See Note 15.

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated net income (loss)	$ (103.2)	$ 59.3	$ 120.1
Other comprehensive income
Foreign currency translation	(100.8)	(66.3)	(40.1)
Postretirement adjustments, net of tax of $18.1 in 2015, $(42.5) in 2014 and $14.6 in 2013	265.7	(756.8)	853.8
Total other comprehensive income (loss)	164.9	(823.1)	813.7
Comprehensive income (loss)	61.7	(763.8)	933.8
Comprehensive income (loss) attributable to noncontrolling interests	(3.5)	30.5	(25.1)
Comprehensive income (loss) attributable to Unisys Corporation	$ 58.2	$ (733.3)	$ 908.7

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 365.2	$ 494.3
Accounts and notes receivable, net	581.6	619.3
Inventories:
Parts and finished equipment	20.9	22.2
Work in process and materials	22.9	24.5
Deferred income taxes	24.1	16.4
Prepaid expenses and other current assets	121.0	140.6
Total	1,135.7	1,317.3
Properties	876.6	1,059.4
Less - Accumulated depreciation and amortization	722.8	890.7
Properties, net	153.8	168.7
Outsourcing assets, net	182.0	150.9
Marketable software, net	138.5	144.1
Prepaid postretirement assets	45.1	19.9
Deferred income taxes	114.5	154.6
Goodwill	177.4	183.9
Other long-term assets	196.2	209.3
Total	2,143.2	2,348.7
Current liabilities
Notes payable	65.8
Current maturities of long-term debt	11.0	1.8
Accounts payable	219.3	262.5
Deferred revenue	335.1	348.3
Other accrued liabilities	339.3	385.1
Total	970.5	997.7
Long-term debt	235.5	222.2
Long-term postretirement liabilities	2,111.3	2,369.9
Long-term deferred revenue	123.3	119.5
Other long-term liabilities	$ 81.2	$ 91.8
Commitments and contingencies
Deficit
Common stock, par value $.01 per share (100.0 million shares authorized; 52.6 million shares and 52.4 million shares issued)	$ 0.5	$ 0.5
Accumulated deficit	(1,845.7)	(1,735.8)
Treasury stock, at cost	(100.1)	(99.6)
Paid-in capital	4,500.9	4,488.3
Accumulated other comprehensive loss	(3,945.3)	(4,113.4)
Total Unisys stockholders' deficit	(1,389.7)	(1,460.0)
Noncontrolling interests	11.1	7.6
Total deficit	(1,378.6)	(1,452.4)
Total	$ 2,143.2	$ 2,348.7

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	52,600,000	52,400,000

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Consolidated net income (loss)	$ (103.2)	$ 59.3	$ 120.1
Add (deduct) items to reconcile consolidated net income (loss) to net cash provided by operating activities:
Foreign currency transaction losses	8.4	7.4	6.5
Employee stock compensation	9.4	10.4	12.5
Depreciation and amortization of properties	57.5	52.0	46.7
Depreciation and amortization of outsourcing assets	55.7	58.1	53.5
Amortization of marketable software	66.9	58.5	59.4
Other non-cash operating activities	4.6	7.8	(0.6)
Disposal of capital assets	9.7	1.8	2.0
(Gain) loss on sale of businesses and assets		(0.7)	1.5
Pension contributions	(148.3)	(183.4)	(147.2)
Pension expense	108.7	73.8	93.5
Decrease in deferred income taxes, net	1.2	24.8	29.4
Increase in receivables, net	(11.5)	(14.3)	(63.5)
(Increase) decrease in inventories	(3.7)	6.3	(6.5)
Decrease (increase) in other assets	14.4	(23.7)	(16.5)
(Increase) decrease in accounts payable and other accrued liabilities	(61.1)	14.4	1.9
Decrease in other liabilities	(7.5)	(31.1)	(5.3)
Net cash provided by operating activities	1.2	121.4	187.4
Cash flows from investing activities
Proceeds from investments	3,831.6	5,654.0	5,315.9
Purchases of investments	(3,806.2)	(5,640.3)	(5,325.8)
Investment in marketable software	(62.1)	(73.6)	(64.3)
Capital additions of properties	(49.6)	(53.3)	(47.2)
Capital additions of outsourcing assets	(102.0)	(85.9)	(39.9)
Other	10.4	3.8	(1.4)
Net cash used for investing activities	(177.9)	(195.3)	(162.7)
Cash flows from financing activities
Proceeds from exercise of stock options	3.7	3.4	4.9
Net proceeds from short-term debt	65.8
Net proceeds from long-term debt	31.8
Payments of long-term debt	(10.4)
Financing fees	(0.3)	(0.6)
Common stock repurchases		(35.7)	(11.7)
Dividends paid on preferred stock		(4.0)	(16.2)
Net cash provided by (used for) financing activities	90.6	(36.9)	(23.0)
Effect of exchange rate changes on cash and cash equivalents	(43.0)	(34.7)	(17.5)
Decrease in cash and cash equivalents	(129.1)	(145.5)	(15.8)
Cash and cash equivalents, beginning of year	494.3	639.8	655.6
Cash and cash equivalents, end of year	$ 365.2	$ 494.3	$ 639.8

Consolidated Statements of Deficit - USD ($) $ in Millions	12 Months Ended
Consolidated Statements of Deficit - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Beginning Balance	$ (1,452.4)	$ (663.9)	$ (1,588.7)
Consolidated net income	(103.2)	59.3	120.1
Stock-based compensation	12.1	13.5	14.8
Dividends declared to preferred holders		(4.0)	(12.1)
Sale of subsidiary		1.5
Common stock repurchases		(35.7)	(11.7)
Translation adjustments	(100.8)	(66.3)	(40.1)
Postretirement plans	265.7	(756.8)	853.8
Ending Balance	(1,378.6)	(1,452.4)	(663.9)
Total Unisys Corporation
Beginning Balance	(1,460.0)	(700.5)	(1,600.2)
Consolidated net income	(109.9)	46.7	108.5
Stock-based compensation	12.1	13.5	14.8
Dividends declared to preferred holders		(4.0)	(12.1)
Common stock repurchases		(35.7)	(11.7)
Translation adjustments	(96.0)	(61.0)	(42.5)
Postretirement plans	264.1	(719.0)	842.7
Ending Balance	(1,389.7)	(1,460.0)	(700.5)
Preferred Stock
Beginning Balance		249.7	249.7
Preferred stock conversion		(249.7)
Ending Balance			249.7
Common Stock Par Value
Beginning Balance	0.5	0.4	0.4
Preferred stock conversion		0.1
Ending Balance	0.5	0.5	0.4
Accumulated Deficit
Beginning Balance	(1,735.8)	(1,782.5)	(1,891.0)
Consolidated net income	(109.9)	46.7	108.5
Ending Balance	(1,845.7)	(1,735.8)	(1,782.5)
Treasury Stock At Cost
Beginning Balance	(99.6)	(62.4)	(48.8)
Stock-based compensation	(0.5)	(1.5)	(1.9)
Common stock repurchases		(35.7)	(11.7)
Ending Balance	(100.1)	(99.6)	(62.4)
Paid-in Capital
Beginning Balance	4,488.3	4,227.7	4,223.1
Stock-based compensation	12.6	15.0	16.7
Dividends declared to preferred holders		(4.0)	(12.1)
Preferred stock conversion		249.6
Ending Balance	4,500.9	4,488.3	4,227.7
Accumulated Other Comprehensive Loss
Beginning Balance	(4,113.4)	(3,333.4)	(4,133.6)
Translation adjustments	(96.0)	(61.0)	(42.5)
Postretirement plans	264.1	(719.0)	842.7
Ending Balance	(3,945.3)	(4,113.4)	(3,333.4)
Non- controlling Interests
Beginning Balance	7.6	36.6	11.5
Consolidated net income	6.7	12.6	11.6
Sale of subsidiary		1.5
Translation adjustments	(4.8)	(5.3)	2.4
Postretirement plans	1.6	(37.8)	11.1
Ending Balance	$ 11.1	$ 7.6	$ 36.6

Summary of significant accounting policies

12 Months Ended

Dec. 31, 2015

Summary of significant accounting policies

1. Summary of significant accounting policies

Principles of consolidation The consolidated financial statements include the accounts of all majority-owned subsidiaries.

Use of estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions about future events. These estimates and assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and the reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, outsourcing assets, marketable software, goodwill and other long-lived assets, legal contingencies, indemnifications, and assumptions used in the calculation for systems integration projects, income taxes and retirement and other post-employment benefits, among others. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Management adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.

Cash equivalents All short-term investments purchased with a maturity of three months or less and certificates of deposit which may be withdrawn at any time at the discretion of the company without penalty are classified as cash equivalents.

Inventories Inventories are valued at the lower of cost or market. Cost is determined on the first-in, first-out method.

Properties Properties are carried at cost and are depreciated over the estimated lives of such assets using the straight-line method. The estimated lives used, in years, are as follows: buildings, 20 – 50; machinery and office equipment, 4 – 7; rental equipment, 4; and internal-use software, 3 – 10.

Advertising costs All advertising costs are expensed as incurred. The amount charged to expense during 2015, 2014 and 2013 was $4.9 million, $8.0 million and $2.5 million, respectively.

Shipping and handling Costs related to shipping and handling is included in cost of revenue.

Revenue recognition Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the fee is fixed or determinable, and collectability is probable.

Revenue from hardware sales with standard payment terms is recognized upon the passage of title and the transfer of risk of loss. Outside the United States, the company recognizes revenue even if it retains a form of title to products delivered to customers, provided the sole purpose is to enable the company to recover the products in the event of customer payment default and the arrangement does not prohibit the customer’s use of the product in the ordinary course of business.

Revenue from software licenses with standard payment terms is recognized at the inception of the initial license term and upon execution of an extension to the license term.

The company also enters into multiple-element arrangements, which may include any combination of hardware, software or services. For example, a client may purchase an enterprise server that includes operating system software. In addition, the arrangement may include post-contract support for the software and a contract for post-warranty maintenance for service of the hardware. These arrangements consist of multiple deliverables, with hardware and software delivered in one reporting period and the software support and hardware maintenance services delivered across multiple reporting periods. In another example, the company may provide desktop managed services to a client on a long term multiple year basis and periodically sell hardware and software products to the client. The services are provided on a continuous basis across multiple reporting periods and the hardware and software products are delivered in one reporting period. To the extent that a deliverable in a multiple-deliverable arrangement is subject to specific guidance, that deliverable is accounted for in accordance with such specific guidance. Examples of such arrangements may include leased hardware which is subject to specific leasing guidance or software which is subject to specific software revenue recognition guidance.

In these transactions, the company allocates the total revenue to be earned under the arrangement among the various elements based on a selling price hierarchy. The selling price for a deliverable is based on its vendor specific objective evidence (VSOE) if available, third party evidence (TPE) if VSOE is not available, or the best estimated selling price (ESP) if neither VSOE nor TPE is available. VSOE of selling price is based upon the normal pricing and discounting practices for those products and services when sold separately. TPE of selling price is based on evaluating largely similar and interchangeable competitor products or services in standalone sales to similarly situated customers. ESP is established considering factors such as margin objectives, discounts off of list prices, market conditions, competition and other factors. ESP represents the price at which the company would transact for the deliverable if it were sold by the company regularly on a standalone basis.

As mentioned above, some of the company’s multiple-element arrangements may include leased hardware which is subject to specific leasing guidance. Revenue under these arrangements is allocated considering the relative selling prices of the lease and non-lease elements. Lease deliverables include hardware, financing, maintenance and other executory costs, while non-lease deliverables generally consist of non-maintenance services. The amount of revenue allocated to the lease deliverables begins by allocating revenue to maintenance and other executory costs plus a profit thereon. These elements are generally recognized over the term of the lease. The remaining amounts are allocated to the hardware and financing elements. The amount allocated to hardware is recognized as revenue monthly over the term of the lease for those leases which are classified as operating leases and at the inception of the lease term for those leases which are classified as sales-type leases. The amount of finance income attributable to sales-type leases is recognized on the accrual basis using the effective interest method.

For multiple-element arrangements that involve the licensing, selling or leasing of software, for software and software-related elements, the allocation of revenue is based on VSOE. There may be cases in which there is VSOE of fair value of the undelivered elements but no such evidence for the delivered elements. In these cases, the residual method is used to allocate the arrangement consideration. Under the residual method, the amount of consideration allocated to the delivered elements equals the total arrangement consideration less the aggregate VSOE of fair value of the undelivered elements.

For multiple-element arrangements that include products or services that (a) do not include the licensing, selling or leasing of software, or (b) contain software that is incidental to the products or services as a whole or (c) contain software components that are sold, licensed or leased with tangible products when the software components and non-software components (i.e., the hardware and software) of the tangible product function together to deliver the tangible product’s essential functionality (e.g., sales of the company’s enterprise-class servers including hardware and software), or some combination of the above, the allocation of revenue is based on the relative selling prices of each of the deliverables in the arrangement based on the selling price hierarchy, discussed above.

For multiple-element arrangements that include both software and non-software deliverables, the company allocates arrangement consideration to the software group and to the non-software group based on the relative selling prices of the deliverables in the arrangement based on the selling price hierarchy discussed above. For the software group, arrangement consideration is further allocated using VSOE as described above.

The company recognizes revenue on delivered elements only if: (a) any undelivered products or services are not essential to the functionality of the delivered products or services, (b) the company has an enforceable claim to receive the amount due in the event it does not deliver the undelivered products or services, (c) there is evidence of the selling price for each undelivered product or service, and (d) the revenue recognition criteria otherwise have been met for the delivered elements. Otherwise, revenue on delivered elements is recognized as the undelivered elements are delivered.

The company evaluates each deliverable in an arrangement to determine whether it represents a separate unit of accounting. A delivered element constitutes a separate unit of accounting when it has standalone value and there is no customer-negotiated refund or return right for the delivered elements. If these criteria are not met, the deliverable is combined with the undelivered elements and the allocation of the arrangement consideration and revenue recognition are determined for the combined unit as a single unit.

Revenue from hardware sales and software licenses with extended payment terms is recognized as payments from customers become due (assuming that all other conditions for revenue recognition have been satisfied).

Revenue for operating leases is recognized on a monthly basis over the term of the lease and for sales-type leases at the inception of the lease term.

Revenue from equipment and software maintenance and post-contract support is recognized on a straight-line basis as earned over the terms of the respective contracts. Cost related to such contracts is recognized as incurred.

Revenue and profit under systems integration contracts are recognized either on the percentage-of-completion method of accounting using the cost-to-cost method, or when services have been performed, depending on the nature of the project. For contracts accounted for on the percentage-of-completion basis, revenue and profit recognized in any given accounting period are based on estimates of total projected contract costs. The estimates are continually reevaluated and revised, when necessary, throughout the life of a contract. Any adjustments to revenue and profit resulting from changes in estimates are accounted for in the period of the change in estimate. When estimates indicate that a loss will be incurred on a contract upon completion, a provision for the expected loss is recorded in the period in which the loss becomes evident.

Revenue from time and materials service contracts and outsourcing contracts is recognized as the services are provided using either an objective measure of output or on a straight-line basis over the term of the contract.

Income taxes Income taxes are based on income before taxes for financial reporting purposes and reflect a current tax liability for the estimated taxes payable in the current-year tax return and changes in deferred taxes. Deferred tax assets or liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using enacted tax laws and rates. A valuation allowance is provided on deferred tax assets if it is determined that it is more likely than not that the asset will not be realized. The company recognizes penalties and interest accrued related to income tax liabilities in provision for income taxes in its consolidated statements of income.

Marketable software The cost of development of computer software to be sold or leased, incurred subsequent to establishment of technological feasibility, is capitalized and amortized to cost of sales over the estimated revenue-producing lives of the products, but not in excess of three years following product release. The company performs quarterly reviews to ensure that unamortized costs remain recoverable from future revenue.

Internal-use software The company capitalizes certain internal and external costs incurred to acquire or create internal-use software, principally related to software coding, designing system interfaces, and installation and testing of the software. These costs are amortized in accordance with the fixed asset policy described above.

Outsourcing assets Costs on outsourcing contracts are generally expensed as incurred. However, certain costs incurred upon initiation of an outsourcing contract (principally initial customer setup) are deferred and expensed over the initial contract life. Fixed assets and software used in connection with outsourcing contracts are capitalized and depreciated over the shorter of the initial contract life or in accordance with the fixed asset policy described above.

Recoverability of outsourcing assets is subject to various business risks. The company quarterly compares the carrying value of the outsourcing assets with the undiscounted future cash flows expected to be generated by the outsourcing assets to determine if there is impairment. If impaired, the outsourcing assets are reduced to an estimated fair value on a discounted cash flow basis. The company prepares its cash flow estimates based on assumptions that it believes to be reasonable but are also inherently uncertain. Actual future cash flows could differ from these estimates.

Translation of foreign currency The local currency is the functional currency for most of the company’s international subsidiaries, and as such, assets and liabilities are translated into U.S. dollars at year-end exchange rates. Income and expense items are translated at average exchange rates during the year. Translation adjustments resulting from changes in exchange rates are reported in other comprehensive income (loss). Exchange gains and losses on intercompany balances are reported in other income (expense), net.

For those international subsidiaries operating in highly inflationary economies, the U.S. dollar is the functional currency, and as such, nonmonetary assets and liabilities are translated at historical exchange rates, and monetary assets and liabilities are translated at current exchange rates. Exchange gains and losses arising from translation are included in other income (expense), net.

Stock-based compensation plans Stock-based compensation represents the cost related to stock-based awards granted to employees and directors. The company recognizes compensation expense for the fair value of stock options, which have graded vesting, on a straight-line basis over the requisite service period. The company estimates the fair value of stock options using a Black-Scholes valuation model. The expense is recorded in selling, general and administrative expenses.

Retirement benefits Accounting rules covering defined benefit pension plans and other postretirement benefits require that amounts recognized in financial statements be determined on an actuarial basis. A significant element in determining the company’s retirement benefits expense or income is the expected long-term rate of return on plan assets. This expected return is an assumption as to the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the projected pension benefit obligation. The company applies this assumed long-term rate of return to a calculated value of plan assets, which recognizes changes in the fair value of plan assets in a systematic manner over four years. This produces the expected return on plan assets that is included in retirement benefits expense or income. The difference between this expected return and the actual return on plan assets is deferred. The net deferral of past asset losses or gains affects the calculated value of plan assets and, ultimately, future retirement benefits expense or income.

At December 31 of each year, the company determines the fair value of its retirement benefits plan assets as well as the discount rate to be used to calculate the present value of plan liabilities. The discount rate is an estimate of the interest rate at which the retirement benefits could be effectively settled. In estimating the discount rate, the company looks to rates of return on high-quality, fixed-income investments currently available and expected to be available during the period to maturity of the retirement benefits. The company uses a portfolio of fixed-income securities, which receive at least the second-highest rating given by a recognized ratings agency.

Fair value measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining fair value measurements for assets and liabilities required to be recorded at fair value, the company assumes that the transaction is an orderly transaction that assumes exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction (for example, a forced liquidation or distress sale). The fair value hierarchy has three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the company can access at the measurement date; Level 2 – Inputs other than quoted prices within Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 – Unobservable inputs for the asset or liability. The company has applied fair value measurements to its long-term debt (see note 9), derivatives (see note 12) and to its postretirement plan assets (see note 16).

Noncontrolling interest The company owns a fifty-one percent interest in Intelligent Processing Solutions Ltd. (iPSL), a U.K. business processing outsourcing joint venture. The remaining interests, which are reflected as a noncontrolling interest in the company’s financial statements, are owned by three financial institutions for which iPSL performs services.

Earnings per common share

12 Months Ended

Dec. 31, 2015

Earnings per common share

2. Earnings per common share

The following table shows how the earnings (loss) per common share attributable to Unisys Corporation were computed for the three years ended December 31, 2015.


Year ended December 31 (millions, except per share data)	2015			2014		2013
Basic earnings (loss) per common share computation
Net income (loss) attributable to Unisys Corporation common stockholders	$	(109.9	)	$	44.0	$	92.3
Weighted average shares (thousands)		49,905			49,280		43,899
Basic earnings (loss) per common share	$	(2.20	)	$	.89	$	2.10
Diluted earnings (loss) per common share computation
Net income (loss) attributable to Unisys Corporation for diluted earnings per share	$	(109.9	)	$	44.0	$	92.3
Weighted average shares (thousands)		49,905			49,280		43,899
Plus incremental shares from assumed conversions of employee stock plans		–			304		448
Adjusted weighted average shares		49,905			49,584		44,347
Diluted earnings (loss) per common share	$	(2.20	)	$	.89	$	2.08

In 2015, 2014 and 2013, the following weighted-average number of stock options and restricted stock units were antidilutive and therefore excluded from the computation of diluted earnings per common share (in thousands): 2,915; 1,929; and 2,142, respectively. In 2014 and 2013, the following weighted-average mandatory convertible preferred stock was antidilutive and therefore excluded from the computation of diluted earnings per share (in thousands): 1,171 and 6,913, respectively.

Cost Reduction Actions

12 Months Ended

Dec. 31, 2015

Cost Reduction Actions

3. Cost reduction actions

In 2015, in connection with organizational initiatives to create a more competitive cost structure and rebalance the company’s global skill set, the company initiated a plan to incur pretax restructuring charges currently estimated at approximately $300 million through 2017.

During 2015, the company recognized pretax charges of $118.5 million in connection with this plan, principally related to a reduction in employees. The charges related to work-force reductions were $78.8 million and were comprised of: (a) a charge of $27.9 million for 700 employees in the U.S. and (b) a charge of $50.9 million for 782 employees outside the U.S. In addition, the company recorded pretax charges of $39.7 million, related to asset impairments ($20.2 million) and other expenses related to the cost reduction effort ($19.5 million).

The pretax charges were recorded in the following statement of income classifications: cost of revenue – services, $52.3 million; cost of revenue – technology, $.3 million; selling, general and administrative expenses, $53.5 million; and research and development expenses, $12.4 million.

A further breakdown of the individual components of these costs follows (in millions of dollars):


							Work-Force			Reductions
(in millions of dollars)	Headcount			Total			U.S.			Int’l.
Charges for cost reductions		1,482		$	78.8		$	27.9		$	50.9
Utilized		(1,227	)		(45.3	)		(23.7	)		(21.6	)
Translation adjustments					(.5	)					(.5	)
Balance at December 31, 2015		255		$	33.0		$	4.2		$	28.8
Expected future utilization:
2016		255		$	33.0		$	4.2		$	28.8
Beyond 2016					–			–			–

Recent Accounting Pronouncements and Accounting Changes

12 Months Ended

Dec. 31, 2015

Recent Accounting Pronouncements and Accounting Changes

5. Recent accounting pronouncements and accounting changes

In May of 2014 (subsequently amended in August of 2015), the Financial Accounting Standards Board (FASB) issued a new revenue recognition standard entitled “Revenue from Contracts with Customers.” The objective of the standard is to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows from a contract with a customer. The standard is effective for annual reporting periods beginning after December 15, 2017, which for the company is January 1, 2018. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, which for the company in January 1, 2017. The standard allows for either “full retrospective” adoption, meaning the standard is applied to all periods presented, or “modified retrospective” adoption, meaning the standard is applied only to the most current period presented in the financial statements. The company is currently assessing when and which method it will choose for adoption, and is evaluating the impact of the adoption on its consolidated results of operations and financial position.

Effective January 1, 2016, the company will adopt new guidance issued by the FASB that simplifies the balance sheet classification of deferred income taxes. The new guidance requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. Previous guidance required an entity to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position. The new guidance will be applied on a retrospective basis whereby prior-period financial statements will be adjusted to reflect the application of the new guidance.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6510796

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22580-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=56949863&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305

+ Details

Accounts Receivable

12 Months Ended

Dec. 31, 2015

Accounts Receivable

6. Accounts receivable

Accounts receivable consist principally of trade accounts receivable from customers and are generally unsecured and due within 30 to 90 days. Credit losses relating to these receivables consistently have been within management’s expectations. Expected credit losses are recorded as an allowance for doubtful accounts in the consolidated balance sheets. Estimates of expected credit losses are based primarily on the aging of the accounts receivable balances. The company records a specific reserve for individual accounts when it becomes aware of a customer’s inability to meet its financial obligations, such as in the case of bankruptcy filings or deterioration in the customer’s operating results or financial position. The collection policies and procedures of the company vary by credit class and prior payment history of customers.

Revenue recognized in excess of billings on services contracts, or unbilled accounts receivable, was $93.5 million and $100.1 million at December 31, 2015 and 2014, respectively.

At December 31, 2015, receivables under sales-type leases before the allowance for unearned income were collectible as follows (in millions): 2016, $34.3; 2017, $32.8; 2018, $32.4; 2019, $14.4; 2020, $3.7; and zero thereafter.

Unearned income, which is deducted from accounts and notes receivable, was $10.9 million and $11.8 million at December 31, 2015 and 2014, respectively. The allowance for doubtful accounts, which is reported as a deduction from accounts and notes receivable, was $21.1 million and $30.1 million at December 31, 2015 and 2014, respectively. The provision for doubtful accounts, which is reported in selling, general and administrative expenses in the consolidated statements of income, was expense (income) of $3.0 million, $2.7 million and $(.6) million, in 2015, 2014 and 2013, respectively.

Income taxes

12 Months Ended

Dec. 31, 2015

Income taxes

7. Income taxes

Following is the total income before income taxes and the provision for income taxes for the three years ended December 31, 2015.


Year ended December 31 (millions)		2015			2014			2013
Income (loss) before income taxes
United States	$	(130.6	)	$	(19.9	)	$	28.4
Foreign		71.8			165.4			191.0
Total income (loss) before income taxes	$	(58.8	)	$	145.5		$	219.4
Provision for income taxes
Current
United States	$	1.0		$	2.1		$	8.0
Foreign		42.2			59.4			63.0
State and local		.3			1.0			(.2	)
Total		43.5			62.5			70.8
Deferred
Foreign		.9			23.7			28.5
Total provision for income taxes	$	44.4		$	86.2		$	99.3

Following is a reconciliation of the provision for income taxes at the United States statutory tax rate to the provision for income taxes as reported:


Year ended December 31 (millions)	2015			2014			2013
United States statutory income tax provision (benefit)	$	(20.6	)	$	50.9		$	76.8
Income and losses for which no provision or benefit has been recognized		69.1			35.7			13.5
Foreign rate differential and other foreign tax expense		(15.9	)		(22.0	)		(23.0	)
Income tax withholdings		12.5			17.1			15.4
Permanent items		(1.9)			1.1			4.0
Enacted rate changes		9.1			–			8.9
Change in uncertain tax positions		1.5			.2			4.4
Change in valuation allowances due to changes in judgment		(5.4	)		7.0			(.5	)
Income tax credits, U.S.		(4.0	)		(3.9	)		–
Other		–			.1			(.2	)
Provision for income taxes	$	44.4		$	86.2		$	99.3

The 2015 and 2013 provision for income taxes included $9.1 million and $11.4 million due to a reduction in the UK income tax rate. The rate reductions were enacted in the fourth quarter of 2015 and the third quarter of 2013 and reduced the rate from 20% to 18% and from 21% to 20% effective April 1, 2017 and 2015, respectively. The tax provision was principally caused by a write down of the UK company’s net deferred tax assets.

The tax effects of temporary differences and carryforwards that give rise to significant portions of deferred tax assets and liabilities at December 31, 2015 and 2014 were as follows:


December 31 (millions)		2015			2014
Deferred tax assets
Tax loss carryforwards	$	854.5		$	883.3
Postretirement benefits		695.7			791.3
Foreign tax credit carryforwards		263.2			245.5
Other tax credit carryforwards		86.7			88.0
Deferred revenue		65.7			60.5
Employee benefits and compensation		49.9			44.6
Purchased capitalized software		39.5			39.3
Depreciation		36.8			34.9
Warranty, bad debts and other reserves		14.1			12.8
Capitalized costs		13.0			16.3
Capitalized research and development		3.2			36.0
Other		39.7			29.5
		2,162.0			2,282.0
Valuation allowance		(2,024.9	)		(2,107.8	)
Total deferred tax assets	$	137.1		$	174.2
Deferred tax liabilities
Other	$	22.7		$	37.9
Total deferred tax liabilities	$	22.7		$	37.9
Net deferred tax assets	$	114.4		$	136.3

At December 31, 2015, the company has U.S. Federal ($424.3 million), state and local ($194.8 million), and foreign ($235.4 million) tax loss carryforwards, the total tax effect of which is $854.5 million. These carryforwards will expire as follows (in millions): 2016, $8.2; 2017, $10.9; 2018, $7.7; 2019, $7.8; 2020, $17.4; and $802.5 thereafter. The company also has available tax credit carryforwards of approximately $349.9 million, which will expire as follows (in millions): 2016, $10.5; 2017, $48.1; 2018, $21.0; 2019, $19.7; 2020, $35.5; and $215.1 thereafter.

Failure to achieve forecasted taxable income might affect the ultimate realization of the company’s net deferred tax assets. Factors that may affect the company’s ability to achieve sufficient forecasted taxable income include, but are not limited to, the following: increased competition, a decline in sales or margins, loss of market share, the impact of the economic environment, delays in product availability and technological obsolescence.

Cumulative undistributed earnings of foreign subsidiaries, for which no U.S. income or foreign withholding taxes have been recorded, approximated $1,417.4 million at December 31, 2015. As the company currently intends to indefinitely reinvest all such earnings, no provision has been made for income taxes that may become payable upon distribution of such earnings, and it is not practicable to determine the amount of the related unrecognized deferred income tax liability.

Cash paid for income taxes, net of refunds, during 2015, 2014 and 2013 was $59.7 million, $73.9 million and $63.8 million, respectively.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


Year ended December 31 (millions)	2015			2014			2013
Balance at January 1	$	35.0		$	26.3		$	29.2
Additions based on tax positions related to the current year		3.4			14.4			(2.4	)
Changes for tax positions of prior years		(4.0	)		(1.4	)		(.1	)
Reductions as a result of a lapse of applicable statute of limitations		(3.4	)		(1.6	)		–
Settlements		(.9	)		(.9	)		(.2	)
Changes due to foreign currency		(2.4	)		(1.8	)		(.2	)
Balance at December 31	$	27.7		$	35.0		$	26.3

The company recognizes penalties and interest accrued related to income tax liabilities in the provision for income taxes in its consolidated statements of income. At December 31, 2015 and 2014, the company had an accrual of $1.0 million and $1.6 million, respectively, for the payment of penalties and interest.

At December 31, 2015, all of the company’s liability for unrecognized tax benefits, if recognized, would affect the company’s effective tax rate. Within the next 12 months, the company believes that it is reasonably possible that the amount of unrecognized tax benefits may significantly change; however, various events could cause this belief to change in the future.

The company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various states and foreign jurisdictions. Several U.S. state and foreign income tax audits are in process. The company is under an audit in India, for which years prior to 2006 are closed. For Brazil and the United Kingdom, which are the most significant jurisdictions outside the U.S., the audit periods through 2010 are closed. All of the various ongoing income tax audits throughout the world are not expected to have a material impact on the company’s financial position.

Internal Revenue Code Sections 382 and 383 provide annual limitations with respect to the ability of a corporation to utilize its net operating loss (as well as certain built-in losses) and tax credit carryforwards, respectively (Tax Attributes), against future U.S. taxable income, if the corporation experiences an “ownership change.” In general terms, an ownership change may result from transactions increasing the ownership of certain stockholders in the stock of a corporation by more than 50 percentage points over a three-year period. The company regularly monitors ownership changes (as calculated for purposes of Section 382). The company has determined that, for purposes of the rules of Section 382 described above, an ownership change occurred in February 2011. Any future transaction or transactions and the timing of such transaction or transactions could trigger additional ownership changes under Section 382.

As a result of the February 2011 ownership change, utilization for certain of the company’s Tax Attributes, U.S. net operating losses and tax credits, is subject to an overall annual limitation of $70.6 million. The cumulative limitation as of December 31, 2015 is $265.7 million. This limitation will be applied first to any recognized built in losses, then to any net operating losses, and then to any other Tax Attributes. Any unused limitation may be carried over to later years. Based on presently available information and the existence of tax planning strategies, the company does not expect to incur a U.S. cash tax liability in the near term. The company maintains a full valuation allowance against the realization of all U.S. deferred tax assets as well as certain foreign deferred tax assets in excess of deferred tax liabilities.

Properties

12 Months Ended

Dec. 31, 2015

Properties

8. Properties

Properties comprise the following:


December 31 (millions)	2015		2014
Land	$	2.8	$	2.8
Buildings		93.1		80.1
Machinery and office equipment		586.8		644.9
Internal-use software		144.5		257.7
Rental equipment		49.4		73.9
Total properties	$	876.6	$	1,059.4

Debt

12 Months Ended

Dec. 31, 2015

Debt

9. Debt

Long-term debt is comprised of the following:


December 31 (millions)	2015		2014
6.25% senior notes due August 15, 2017	$	210.0	$	210.0
Capital leases		12.5		14.0
Other debt		24.0		–
Total		246.5		224.0
Less – current maturities		11.0		1.8
Total long-term debt	$	235.5	$	222.2

Long-term debt matures in 2016, 2017, 2018, 2019, 2020 and thereafter are $11.0 million, $220.6 million, $10.3 million, $1.3 million, $1.3 million and $2.0 million, respectively. Included in the above are capital lease maturities in 2016, 2017, 2018, 2019, 2020 and thereafter of $2.6 million, $2.8 million, $2.5 million, $1.3 million, $1.3 million and $2.0 million, respectively.

Cash paid for interest during 2015, 2014 and 2013 was $14.4 million, $13.2 million and $12.9 million, respectively. Capitalized interest expense during 2015, 2014 and 2013 was $3.1 million, $4.0 million and $3.2 million, respectively.

The amount reported in other debt represents debt secured by the sale of an account receivable.

The company has a secured revolving credit facility, expiring in June 2018, which provides for loans and letters of credit up to an aggregate amount of $150 million (with a limit on letters of credit of $100 million). Borrowing limits under the credit agreement are based upon the amount of eligible U.S. accounts receivable. At December 31, 2015, the company had $65.0 million of borrowings and $11.4 million of letters of credit outstanding under the facility. At December 31, 2015, availability under the facility was $54.7 million net of letters of credit issued. Borrowings under the facility will bear interest based on short-term rates (2.2% at December 31, 2015). The credit agreement contains customary representations and warranties, including that there has been no material adverse change in the company’s business, properties, operations or financial condition. The company is required to maintain a minimum fixed charge coverage ratio if the availability under the credit facility falls below the greater of 12.5% of the lenders’ commitments under the facility and $18.75 million. The credit agreement allows the company to pay dividends on its capital stock in an amount up to $22.5 million per year unless the company is in default and to, among other things, repurchase its equity, prepay other debt, incur other debt or liens, dispose of assets and make acquisitions, loans and investments, provided the company complies with certain requirements and limitations set forth in the agreement. Events of default include non-payment, failure to comply with covenants, materially incorrect representations and warranties, change of control and default under other debt aggregating at least $50 million. The credit facility is guaranteed by Unisys Holding Corporation, Unisys NPL, Inc., Unisys AP Investment Company I and any future material domestic subsidiaries. The facility is secured by the assets of Unisys Corporation and the subsidiary guarantors, other than certain excluded assets. The company may elect to prepay or terminate the credit facility without penalty.

At December 31, 2015, the company has met all covenants and conditions under its various lending agreements. The company expects to continue to meet these covenants and conditions.

The company’s principal sources of liquidity are cash on hand, cash from operations and its revolving credit facility, discussed above. The company and certain international subsidiaries have access to uncommitted lines of credit from various banks.

The company’s anticipated future cash expenditures include anticipated contributions to its defined benefit pension plans. The company believes that it has adequate sources of liquidity to meet its expected 2016 cash requirements.

Rental Expense and Commitments

12 Months Ended

Dec. 31, 2015

Rental Expense and Commitments

11. Rental expense and commitments

Rental expense, less income from subleases, for 2015, 2014 and 2013 was $80.6 million, $83.7 million and $85.3 million, respectively. Income from subleases, for 2015, 2014 and 2013 was $9.1 million, $8.5 million and $7.4 million, respectively.

Minimum net rental commitments under noncancelable operating leases, including idle leases, outstanding at December 31, 2015, substantially all of which relate to real properties, were as follows: 2016, $56.9 million; 2017, $50.2 million; 2018, $37.5 million; 2019, $30.8 million; 2020, $23.2 million; and $33.6 million thereafter. Such rental commitments have been reduced by minimum sublease rentals of $22.0 million, due in the future under noncancelable subleases.

At December 31, 2015, the company had outstanding standby letters of credit and surety bonds totaling approximately $255 million related to performance and payment guarantees. On the basis of experience with these arrangements, the company believes that any obligations that may arise will not be material. In addition, at December 31, 2015, the company had deposits and collateral of approximately $44 million in other long-term assets, principally related to collateralized letters of credit, and to tax and labor contingencies in Brazil.

Financial Instruments and Concentration of Credit Risks

12 Months Ended

Dec. 31, 2015

Financial Instruments and Concentration of Credit Risks

12. Financial instruments and concentration of credit risks

Due to its foreign operations, the company is exposed to the effects of foreign currency exchange rate fluctuations on the U.S. dollar, principally related to intercompany account balances. The company uses derivative financial instruments to reduce its exposure to market risks from changes in foreign currency exchange rates on such balances. The company enters into foreign exchange forward contracts, generally having maturities of three months or less, which have not been designated as hedging instruments. At December 31, 2015 and 2014, the notional amount of these contracts was $940.1 million and $403.9 million, respectively, and the fair value of such contracts was a net loss of $4.4 million and a net gain of $5.3 million, respectively, of which a gain of $2.2 million and $6.1 million, respectively, has been recognized in “Prepaid expenses and other current assets” and a loss of $6.6 million and $.8 million, respectively, has been recognized in “Other accrued liabilities.” Changes in the fair value of these instruments was a gain of $15.6 million, a gain of $17.3 million and a loss of $7.3 million, respectively, for years ended December 31, 2015, 2014 and 2013, which has been recognized in earnings in “Other income (expense), net” in the company’s consolidated statement of income. The fair value of these forward contracts is based on quoted prices for similar but not identical financial instruments; as such, the inputs are considered Level 2 inputs.

Financial instruments also include temporary cash investments and customer accounts receivable. Temporary investments are placed with creditworthy financial institutions, primarily in money market funds, time deposits and certificate of deposits which may be withdrawn at any time at the discretion of the company without penalty. At December 31, 2015 and 2014, the company’s cash equivalents principally have maturities of less than one month or can be withdrawn at any time at the discretion of the company without penalty. Due to the short maturities of these instruments, they are carried on the consolidated balance sheets at cost plus accrued interest, which approximates market value. Realized gains or losses during 2015, 2014 and 2013, as well as unrealized gains or losses at December 31, 2015 and 2014, were immaterial. Receivables are due from a large number of customers that are dispersed worldwide across many industries. At December 31, 2015 and 2014, the company had no significant concentrations of credit risk with any one customer. At December 31, 2015 and 2014, the company had approximately $99 million and $94 million, respectively, of receivables due from various U.S. federal governmental agencies. At December 31, 2015 and 2014, the carrying amount of cash and cash equivalents approximated fair value; and the carrying amount of long-term debt was less than the fair value, which is based on market prices (Level 2 inputs), of such debt by approximately $3 million and $9 million, respectively.

Foreign Currency Translation

12 Months Ended

Dec. 31, 2015

Foreign Currency Translation

13. Foreign currency translation

In January of 2014, the Venezuelan government announced that the exchange rate to be applied to the settlement of certain transactions, including foreign investments and royalties would be changed to the SICAD I rate. As a result, the company began using this rate to remeasure its Venezuelan subsidiary’s financial statements into U.S. dollars. As the company believes that the SIMADI rate is now more representative of what it might expect to receive in a dividend transaction, the company began using the SIMADI rate effective as of September 30, 2015. During the years ended December 31, 2015, 2014 and 2013, the company recorded foreign exchange losses related to its Venezuelan subsidiary of $8.4 million, $7.4 million and $6.5 million, respectively.

At December 31, 2015, the company’s operations in Venezuela had an immaterial amount of net monetary assets denominated in local currency.

During the years ended December 31, 2015, 2014 and 2013, the company recognized foreign exchange gains (losses) in “Other income (expense), net” in its consolidated statements of income of $8.1 million, $(7.0) million and $10.4 million, respectively.

- Definition

The entire disclosure for foreign currency transactions and translation. This may include description of foreign currency transactions, foreign currency gains and losses, explanation of change in cumulative translation adjustment, description of effect of subsequent foreign currency exchange rate change, cumulative translation adjustment movement, foreign currency translation adjustment by component movement, translation adjustment for net investment hedge movement, adjustment for long-term intercompany transactions, schedule of long-term intercompany balances and any other foreign currency transactions and translation related items.

+ References + Details

Litigation and Contingencies

12 Months Ended

Dec. 31, 2015

Litigation and Contingencies

14. Litigation and contingencies

There are various lawsuits, claims, investigations and proceedings that have been brought or asserted against the company, which arise in the ordinary course of business, including actions with respect to commercial and government contracts, labor and employment, employee benefits, environmental matters, intellectual property, and non-income tax and employment compensation in Brazil. The company records a provision for these matters when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. Any provisions are reviewed at least quarterly and are adjusted to reflect the impact and status of settlements, rulings, advice of counsel and other information and events pertinent to a particular matter.

The company believes that it has valid defenses with respect to legal matters pending against it. Based on its experience, the company also believes that the damage amounts claimed in the lawsuits disclosed below are not a meaningful indicator of the company’s potential liability. Litigation is inherently unpredictable, however, and it is possible that the company’s results of operations or cash flow could be materially affected in any particular period by the resolution of one or more of the legal matters pending against it.

In April 2007, the Ministry of Justice of Belgium sued Unisys Belgium SA-NV, a Unisys subsidiary (Unisys Belgium), in the Court of First Instance of Brussels. The Belgian government had engaged the company to design and develop software for a computerized system to be used to manage the Belgian court system. The Belgian State terminated the contract and in its lawsuit has alleged that the termination was justified because Unisys Belgium failed to deliver satisfactory software in a timely manner. It claims damages of approximately 28 million Euros. Unisys Belgium filed its defense and counterclaim in April 2008, in the amount of approximately 18.5 million Euros. The company believes it has valid defenses to the claims and contends that the Belgian State’s termination of the contract was unjustified.

The company’s Brazilian operations, along with those of many other companies doing business in Brazil, are involved in various litigation matters, including numerous governmental assessments related to indirect and other taxes, as well as disputes associated with former employees and contract labor. The tax-related matters pertain to value added taxes, customs, duties, sales and other non-income related tax exposures. The labor-related matters include claims related to compensation matters. The company believes that appropriate accruals have been established for such matters based on information currently available. At December 31, 2015, excluding those matters that have been assessed by management as being remote as to the likelihood of ultimately resulting in a loss, the amount related to unreserved tax-related matters, inclusive of any related interest, is estimated to be up to approximately $95 million.

The company has been involved in a matter arising from the sale of its Health Information Management (HIM) business to Molina Information Systems, LLC (Molina) under a 2010 Asset Purchase Agreement (APA). The HIM business provided system solutions and services to state governments, including the state of Idaho, for administering Medicaid programs. In August 2012, Molina sued the company in Federal District Court in Delaware alleging breaches of contract, negligent misrepresentation and intentional misrepresentation with respect to the APA and the Medicaid contract with Idaho. Molina sought compensatory damages, punitive damages, lost profits, indemnification, and declaratory relief. Molina alleged losses of approximately $35 million in the complaint. In June 2013, the District Court granted the company’s motion to dismiss the complaint and allowed Molina to replead certain claims and file an amended complaint. In August 2013, Molina filed an amended complaint. The company filed a motion to dismiss the amended complaint. On September 2, 2014, the District Court granted the company’s motion to dismiss the negligent misrepresentation claim, but denied the company’s motion with respect to Molina’s intentional misrepresentation and breach of contract claims. The litigation continues on the remaining claims.

On June 26, 2014, the State of Louisiana filed a Petition for Damages against, among other defendants, the company and Molina Information Systems, LLC, in the Parish of East Baton Rouge, 19th Judicial District. The State alleges that between 1989 and 2012 the defendants, each acting successively as the State’s Medicaid fiscal intermediary, utilized an incorrect reimbursement formula for the payment of pharmaceutical claims causing the State to pay excessive amounts for prescription drugs. The company believes that it has valid defenses to Louisiana’s claims and is asserting them in the pending litigation.

With respect to the specific legal proceedings and claims described above, except as otherwise noted, either (i) the amount or range of possible losses in excess of amounts accrued, if any, is not reasonably estimable or (ii) the company believes that the amount or range of possible losses in excess of amounts accrued that are estimable would not be material.

Litigation is inherently unpredictable and unfavorable resolutions could occur. Accordingly, it is possible that an adverse outcome from such matters could exceed the amounts accrued in an amount that could be material to the company’s financial condition, results of operations and cash flows in any particular reporting period.

Notwithstanding that the ultimate results of the lawsuits, claims, investigations and proceedings that have been brought or asserted against the company are not currently determinable, the company believes that at December 31, 2015, it has adequate provisions for any such matters.

Segment information

12 Months Ended

Dec. 31, 2015

Segment information

15. Segment information

Effective January 1, 2015, the company changed the grouping of certain of its classes of products and services. As a result, certain revenue (principally company technology products) previously reported in the company’s Services segment is now reported in its Technology segment. As a result, prior-periods segment revenue and cost of sales, as well as customer revenue by classes of similar products and services, have been reclassified to conform to the current-year period.

The company has two business segments: Services and Technology. Revenue classifications within the Services segment are as follows:

•

Cloud & infrastructure services. This represents revenue from work the company performs in the data center and cloud area, technology consulting and technology-based systems integration projects, as well as global service desks and global field services.

•

Application services. This represents revenue from application managed services and application development, maintenance and support work.

•

Business processing outsourcing (BPO) services. This represents revenue from the management of clients’ specific business processes.

The accounting policies of each business segment are the same as those followed by the company as a whole. Intersegment sales and transfers are priced as if the sales or transfers were to third parties. Accordingly, the Technology segment recognizes intersegment revenue and manufacturing profit on hardware and software shipments to customers under Services contracts. The Services segment, in turn, recognizes customer revenue and marketing profits on such shipments of company hardware and software to customers. The Services segment also includes the sale of hardware and software products sourced from third parties that are sold to customers through the company’s Services channels. In the company’s consolidated statements of income, the manufacturing costs of products sourced from the Technology segment and sold to Services customers are reported in cost of revenue for Services.

Also included in the Technology segment’s sales and operating profit are sales of hardware and software sold to the Services segment for internal use in Services engagements. The amount of such profit included in operating income of the Technology segment for the years ended December 31, 2015, 2014 and 2013 was $9.2 million, $17.0 million and $6.0 million, respectively. The profit on these transactions is eliminated in Corporate.

The company evaluates business segment performance based on operating income exclusive of pension income or expense, restructuring charges and unusual and nonrecurring items, which are included in Corporate. All other corporate and centrally incurred costs are allocated to the business segments based principally on revenue, employees, square footage or usage.

No single customer accounts for more than 10% of revenue. Revenue from various agencies of the U.S. Government, which is reported in both business segments, was approximately $569 million, $529 million and $512 million in 2015, 2014 and 2013, respectively.

Corporate assets are principally cash and cash equivalents, prepaid postretirement assets and deferred income taxes. The expense or income related to corporate assets is allocated to the business segments.

Customer revenue by classes of similar products or services, by segment, is presented below:


Year ended December 31 (millions)	2015		2014		2013

Services
Cloud & infrastructure services	$	1,513.1	$	1,704.9	$	1,772.4
Application services		868.9		819.8		824.7

BPO services		223.6		261.0		252.9
		2,605.6		2,785.7		2,850.0
Technology		409.5		570.7		606.5
Total	$	3,015.1	$	3,356.4	$	3,456.5

Presented below is a reconciliation of segment operating income to consolidated income (loss) before income taxes:


Year ended December 31 (millions)		2015			2014			2013
Total segment operating income	$	174.9		$	233.6		$	307.5
Interest expense		(11.9	)		(9.2	)		(9.9	)
Other income (expense), net		8.2			(.2	)		9.8
Cost reduction charges		(118.5	)		–			–
Corporate and eliminations		(111.5	)		(78.7	)		(88.0	)
Total income (loss) before income taxes	$	(58.8	)	$	145.5		$	219.4

Presented below is a reconciliation of total business segment assets to consolidated assets:


December 31 (millions)		2015		2014		2013
Total segment assets	$	1,486.0	$	1,533.8	$	1,530.5
Cash and cash equivalents		365.2		494.3		639.8
Deferred income taxes		138.6		171.0		136.4
Prepaid postretirement assets		45.1		19.9		83.7
Other corporate assets		108.3		129.7		119.6
Total assets	$	2,143.2	$	2,348.7	$	2,510.0

A summary of the company’s operations by business segment for 2015, 2014 and 2013 is presented below:


(millions)		Total			Corporate			Services		Technology
2015
Customer revenue	$	3,015.1					$	2,605.6	$	409.5
Intersegment				$	(49.0	)		.1		48.9
Total revenue	$	3,015.1		$	(49.0	)	$	2,605.7	$	458.4
Operating income (loss)	$	(55.1	)	$	(230.0	)	$	61.2	$	113.7
Depreciation and amortization		180.1						104.8		75.3
Total assets		2,143.2			657.2			1,081.7		404.3
Capital expenditures		213.7			1.9			143.3		68.5

2014
Customer revenue	$	3,356.4					$	2,785.7	$	570.7
Intersegment				$	(58.4	)		.3		58.1
Total revenue	$	3,356.4		$	(58.4	)	$	2,786.0	$	628.8
Operating income	$	154.9		$	(78.7	)	$	96.0	$	137.6
Depreciation and amortization		168.6						103.2		65.4
Total assets		2,348.7			814.9			1,099.2		434.6
Capital expenditures		212.8			4.9			133.8		74.1

2013
Customer revenue	$	3,456.5					$	2,850.0	$	606.5
Intersegment				$	(37.2	)		1.7		35.5
Total revenue	$	3,456.5		$	(37.2	)	$	2,851.7	$	642.0
Operating income	$	219.5		$	(88.0	)	$	138.2	$	169.3
Depreciation and amortization		159.6						91.8		67.8
Total assets		2,510.0			979.5			1,126.7		403.8
Capital expenditures		151.4			2.9			78.8		69.7

Geographic information about the company’s revenue, which is principally based on location of the selling organization, properties and outsourcing assets, is presented below:


Year ended December 31 (millions)		2015		2014		2013
Revenue
United States	$	1,454.9	$	1,378.1	$	1,370.6
United Kingdom		375.8		435.4		414.0
Other foreign		1,184.4		1,542.9		1,671.9
Total	$	3,015.1	$	3,356.4	$	3,456.5
Properties, net
United States	$	96.9	$	111.9	$	112.4
United Kingdom		18.8		22.0		24.7
Other foreign		38.1		34.8		37.6
Total	$	153.8	$	168.7	$	174.7
Outsourcing assets, net
United States	$	119.4	$	99.7	$	56.2
United Kingdom		36.6		25.8		28.1
Other foreign		26.0		25.4		31.2
Total	$	182.0	$	150.9	$	115.5

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

+ Details

Employee plans

12 Months Ended

Dec. 31, 2015

Employee plans

16. Employee plans

Stock plans Under stockholder approved stock-based plans, stock options, stock appreciation rights, restricted stock and restricted stock units may be granted to officers, directors and other key employees. At December 31, 2015, 2.3 million shares of unissued common stock of the company were available for granting under these plans.

As of December 31, 2015, the company has granted non-qualified stock options and restricted stock units under these plans. The company recognizes compensation cost net of a forfeiture rate in selling, general and administrative expenses, and recognizes the compensation cost for only those awards expected to vest. The company estimates the forfeiture rate based on its historical experience and its expectations about future forfeitures.

The company’s employee stock option grants include a provision that, if termination of employment occurs after the participant has attained age 55 and completed 5 years of service with the company, the participant shall continue to vest in each of his or her awards in accordance with the vesting schedule set forth in the applicable award agreement. Compensation expense for such awards is recognized over the period to the date the employee first becomes eligible for retirement. Time-based restricted stock unit grants for the company’s directors vest upon award and compensation expense for such awards is recognized upon grant.

Options have been granted to purchase the company’s common stock at an exercise price equal to or greater than the fair market value at the date of grant, generally have a maximum duration of seven years for options issued in 2015 and five years for options issued before 2015, and become exercisable in annual installments over a three-year period following date of grant.

During the years ended December 31, 2015, 2014 and 2013, the company recognized $9.4 million, $10.4 million and $12.5 million of share-based compensation expense, which is comprised of $4.7 million, $3.3 million and $3.2 million of restricted stock unit expense and $4.7 million, $7.1 million and $9.3 million of stock option expense, respectively.

For stock options, the fair value is estimated at the date of grant using a Black-Scholes option pricing model. Principal assumptions used are as follows: (a) expected volatility for the company’s stock price is based on historical volatility and implied market volatility, (b) historical exercise data is used to estimate the options’ expected term, which represents the period of time that the options granted are expected to be outstanding, and (c) the risk-free interest rate is the rate on zero-coupon U.S. government issues with a remaining term equal to the expected life of the options. The company recognizes compensation expense for the fair value of stock options, which have graded vesting, on the straight-line basis over the requisite service period of the awards. The compensation expense recognized as of any date must be at least equal to the portion of the grant-date fair value that is vested at that date.

The fair value of stock option awards was estimated using the Black-Scholes option pricing model with the following assumptions and weighted-average fair values as follows:


Year Ended December 31	2015			2014			2013
Weighted-average fair value of grant	$	8.92		$	11.24		$	8.79
Risk-free interest rate		1.28	%		1.04	%		.54	%
Expected volatility		45.46	%		45.65	%		50.19	%
Expected life of options in years		4.92			3.71			3.69
Expected dividend yield		–			–			–

A summary of stock option activity for the year ended December 31, 2015 follows (shares in thousands):


Options	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic Value ($ in millions)
Outstanding at December 31, 2014		2,816		$	29.51
Granted		743			23.21
Exercised		(190	)		19.53
Forfeited and expired		(646	)		32.10
Outstanding at December 31, 2015		2,723			27.88		2.75	$	0.0
Expected to vest at December 31, 2015		1,281			26.23		4.18	$	0.0
Exercisable at December 31, 2015		1,398			29.51		1.36	$	0.0

The aggregate intrinsic value represents the total pretax value of the difference between the company’s closing stock price on the last trading day of the period and the exercise price of the options, multiplied by the number of in-the-money stock options that would have been received by the option holders had all option holders exercised their options on December 31, 2015. The intrinsic value of the company’s stock options changes based on the closing price of the company’s stock. The total intrinsic value of options exercised for the years ended December 31, 2015, 2014 and 2013 was $.6 million, $4.7 million and $7.9 million, respectively. As of December 31, 2015, $4.0 million of total unrecognized compensation cost related to stock options is expected to be recognized over a weighted-average period of 1.9 years.

Restricted stock unit awards may contain time-based units, performance-based units or a combination of both. Each performance-based unit will vest into zero to 2.0 shares depending on the degree to which the performance goals are met. Compensation expense resulting from these awards is recognized as expense ratably for each installment from the date of grant until the date the restrictions lapse and is based on the fair market value at the date of grant and the probability of achievement of the specific performance-related goals.

A summary of restricted stock unit activity for the year ended December 31, 2015 follows (shares in thousands):


	Restricted Stock Units			Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2014		354		$	28.81
Granted		452			22.52
Vested		(87	)		23.85
Forfeited and expired		(250	)		29.01
Outstanding at December 31, 2015		469			23.57

The fair value of restricted stock units is determined based on the trading price of the company’s common shares on the date of grant. The aggregate weighted-average grant-date fair value of restricted stock units granted during the years ended December 31, 2015, 2014 and 2013 was $10.2 million, $12.8 million and $5.3 million, respectively. As of December 31, 2015, there was $4.9 million of total unrecognized compensation cost related to outstanding restricted stock units granted under the company’s plans. That cost is expected to be recognized over a weighted-average period of 2.1 years. The aggregate weighted-average grant-date fair value of restricted stock units vested during the years ended December 31, 2015, 2014 and 2013 was $2.1 million, $3.3 million and $4.5 million, respectively.

Common stock issued upon exercise of stock options or upon lapse of restrictions on restricted stock units are newly issued shares. Cash received from the exercise of stock options was $3.7 million and $3.4 million for the years ended December 31, 2015 and 2014, respectively. During 2015 and 2014, the company did not recognize any tax benefits from the exercise of stock options or upon issuance of stock upon lapse of restrictions on restricted stock units because of its tax position. Any such tax benefits resulting from tax deductions in excess of the compensation costs recognized are classified as financing cash flows.

Defined contribution and compensation plans U.S. employees are eligible to participate in an employee savings plan. Under this plan, employees may contribute a percentage of their pay for investment in various investment alternatives. The company matches 50 percent of the first 6 percent of eligible pay contributed by participants to the plan on a before-tax basis (subject to IRS limits). The company funds the match with cash. The charge to income related to the company match for the years ended December 31, 2015, 2014 and 2013, was $9.9 million, $10.6 million and $11.8 million, respectively.

The company has defined contribution plans in certain locations outside the United States. The charge to income related to these plans was $21.4 million, $25.2 million and $26.7 million, for the years ended December 31, 2015, 2014 and 2013, respectively.

The company has non-qualified compensation plans, which allow certain highly compensated employees and directors to defer the receipt of a portion of their salary, bonus and fees. Participants can earn a return on their deferred balance that is based on hypothetical investments in various investment vehicles. Changes in the market value of these investments are reflected as an adjustment to the liability with an offset to expense. As of December 31, 2015 and 2014, the liability to the participants of these plans was $12.6 million and $12.1 million, respectively. These amounts reflect the accumulated participant deferrals and earnings thereon as of that date. The company makes no contributions to the deferred compensation plans and remains contingently liable to the participants.

Retirement benefits For the company’s more significant defined benefit pension plans, including the U.S. and the UK, accrual of future benefits under the plans has ceased.

Retirement plans’ funded status and amounts recognized in the company’s consolidated balance sheets at December 31, 2015 and 2014 follow:


	U.S. Plans						International Plans
December 31 (millions)	2015			2014			2015			2014

Change in projected benefit obligation

Benefit obligation at beginning of year	$	5,665.5		$	5,158.8		$	3,354.9		$	3,059.2

Service cost		–			–			8.7			8.4

Interest cost		224.1			248.3			94.1			117.9

Plan participants’ contributions		–			–			2.5			3.1

Plan amendment		(2.7	)		(46.3	)		(32.3	)		(1.0	)

Plan curtailment		–			–			–			(.3	)

Actuarial loss (gain)		(285.0	)		670.0			(79.5	)		559.4

Benefits paid		(370.5	)		(365.3	)		(112.8	)		(115.4	)

Foreign currency translation adjustments		–			–			(247.8	)		(276.4	)

Benefit obligation at end of year	$	5,231.4		$	5,665.5		$	2,987.8		$	3,354.9

Change in plan assets

Fair value of plan assets at beginning of year	$	4,069.7		$	4,048.0		$	2,718.9		$	2,681.8

Actual return on plan assets		(5.6	)		299.9			18.6			278.0

Employer contribution		65.8			87.1			82.5			96.3

Plan participants’ contributions		–			–			2.5			3.1

Benefits paid		(370.5	)		(365.3	)		(112.8	)		(115.4	)

Foreign currency translation adjustments		–			–			(212.9	)		(224.9	)

Fair value of plan assets at end of year	$	3,759.4		$	4,069.7		$	2,496.8		$	2,718.9

Funded status at end of year	$	(1,472.0	)	$	(1,595.8	)	$	(491.0	)	$	(636.0	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	–		$	–		$	43.8		$	18.9

Other accrued liabilities		(6.8	)		(6.9	)		(.2	)		(.2	)

Long-term postretirement liabilities		(1,465.2	)		(1,588.9	)		(534.6	)		(654.7	)

Total funded status	$	(1,472.0	)	$	(1,595.8	)	$	(491.0	)	$	(636.0	)

Accumulated other comprehensive loss, net of tax

Net loss	$	2,816.2		$	2,973.5		$	1,018.6		$	1,076.1

Prior service (credit) cost	$	(44.9	)	$	(44.5	)	$	(35.8	)	$	(12.8	)

Accumulated benefit obligation	$	5,231.4		$	5,665.5		$	2,983.1		$	3,349.3

Information for defined benefit retirement plans with an accumulated benefit obligation in excess of plan assets at December 31, 2015 and 2014 follows:


December 31 (millions)	2015		2014
Accumulated benefit obligation	$	7,231.2	$	8,412.6

Fair value of plan assets		5,228.6		6,167.2

Information for defined benefit retirement plans with a projected benefit obligation in excess of plan assets at December 31, 2015 and 2014 follows:


December 31 (millions)	2015		2014
Projected benefit obligation	$	7,235.4	$	8,417.9

Fair value of plan assets		5,228.6		6,167.2

Net periodic pension cost for 2015, 2014 and 2013 includes the following components:


	U.S. Plans									International Plans
Year ended December 31 (millions)	2015			2014			2013			2015			2014			2013

Service cost	$	–		$	–		$	–		$	8.7		$	8.4		$	10.4

Interest cost		224.1			248.3			220.4			94.1			117.9			106.6

Expected return on plan assets		(254.8	)		(287.1	)		(291.5	)		(155.4	)		(160.5	)		(141.9	)

Amortization of prior service (credit)		(2.4	)		(.4	)		.7			(1.9	)		(2.1	)		(2.1	)

Recognized net actuarial loss		132.7			109.7			139.0			63.6			40.2			51.9

Curtailment gain		–			–			–			–			(.6	)		–
Net periodic pension cost	$	99.6		$	70.5		$	68.6		$	9.1		$	3.3		$	24.9

Weighted-average assumptions used to determine net periodic pension cost for the years ended December 31 were as follows:

Discount rate		4.09%			5.02%			4.01%			3.05%			4.15%			3.92%

Rate of compensation increase		N/A			N/A			N/A			1.68%			2.08%			2.06%

Expected long-term rate of return on assets		6.80%			7.72%			8.00%			6.45%			6.45%			6.40%



Weighted-average assumptions used to determine benefit obligations at December 31 were as follows:

Discount rate		4.56%			4.09%			5.02%			3.30%			3.05%			4.15%

Rate of compensation increase		N/A			N/A			N/A			1.68%			1.68%			2.08%

The expected pretax amortization in 2016 of net periodic pension cost is as follows: net loss, $155.7 million; and prior service credit, $(5.7) million. The amortization of these items is recorded as an element of pension expense. In 2015, pension expense included amortization of $196.3 million of net losses and $(4.3) million of prior service credit.

The company’s investment policy targets and ranges for each asset category are as follows:


	U.S.				Int’l.
Asset Category	Target		Range		Target		Range

Equity securities		58%		52-64%		39%		33-45%

Debt securities		36%		33-39%		54%		47-61%

Real estate		6%		3-9%		1%		0-3%

Cash		0%		0-5%		1%		0-5%

Other		0%		0%		5%		0-10%

The company periodically reviews its asset allocation, taking into consideration plan liabilities, local regulatory requirements, plan payment streams and then-current capital market assumptions. The actual asset allocation for each plan is monitored at least quarterly, relative to the established policy targets and ranges. If the actual asset allocation is close to or out of any of the ranges, a review is conducted. Rebalancing will occur toward the target allocation, with due consideration given to the liquidity of the investments and transaction costs.

The objectives of the company’s investment strategies are as follows: (a) to provide a total return that, over the long term, increases the ratio of plan assets to liabilities by maximizing investment return on assets, at a level of risk deemed appropriate, (b) to maximize return on assets by investing primarily in equity securities in the U.S. and for international plans by investing in appropriate asset classes, subject to the constraints of each plan design and local regulations, (c) to diversify investments within asset classes to reduce the impact of losses in single investments, and (d) for the U.S. plan to invest in compliance with the Employee Retirement Income Security Act of 1974 (ERISA), as amended and any subsequent applicable regulations and laws, and for international plans to invest in a prudent manner in compliance with local applicable regulations and laws.

The company sets the expected long-term rate of return based on the expected long-term return of the various asset categories in which it invests. The company considered the current expectations for future returns and the actual historical returns of each asset class. Also, since the company’s investment policy is to actively manage certain asset classes where the potential exists to outperform the broader market, the expected returns for those asset classes were adjusted to reflect the expected additional returns.

In 2016, the company expects to make cash contributions of $139.3 million to its worldwide defined benefit pension plans, which is comprised of $86.8 million primarily for non-U.S. defined benefit pension plans and $52.5 million for the company’s U.S. qualified defined benefit pension plan.

As of December 31, 2015, the following benefit payments, which reflect expected future service where applicable, are expected to be paid from the defined benefit pension plans:


Year ending December 31 (millions)	U.S.		Int’l.

2016	$	361.8	$	104.6

2017		362.6		105.6

2018		362.9		107.1

2019		363.5		109.3

2020		364.5		110.8

2021 - 2025		1,814.7		573.9

Other postretirement benefits A reconciliation of the benefit obligation, fair value of the plan assets and the funded status of the postretirement benefit plan at December 31, 2015 and 2014, follows:


December 31 (millions)	2015			2014

Change in accumulated benefit obligation

Benefit obligation at beginning of year	$	150.0		$	159.7

Service cost		.6			.6

Interest cost		6.9			7.6

Plan participants’ contributions		4.2			4.6

Actuarial gain		(8.0	)		(2.4	)

Federal drug subsidy		1.5			1.4

Benefits paid		(21.4	)		(20.0	)

Foreign currency translation and other adjustments		(2.3	)		(1.5	)

Benefit obligation at end of year	$	131.5		$	150.0

Change in plan assets

Fair value of plan assets at beginning of year	$	9.1		$	9.2

Actual return on plan assets		(.1	)		–

Employer contributions		15.9			15.3

Plan participants’ contributions		4.2			4.6

Benefits paid		(21.4	)		(20.0	)

Fair value of plan assets at end of year	$	7.7		$	9.1

Funded status at end of year	$	(123.8	)	$	(140.9	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	1.3		$	1.0

Other accrued liabilities		(13.7	)		(15.6	)

Long-term postretirement liabilities		(111.4	)		(126.3	)

Total funded status	$	(123.8	)	$	(140.9	)

Accumulated other comprehensive loss, net of tax

Net loss	$	21.3		$	32.0
Prior service cost		.1			1.2

Net periodic postretirement benefit cost for 2015, 2014 and 2013, follows:


Year ended December 31 (millions)	2015			2014			2013

Service cost	$	.6		$	.6		$	.6

Interest cost		6.9			7.6			7.9

Expected return on assets		(.4	)		(.5	)		(.5	)

Amortization of prior service cost		1.1			1.7			1.8

Recognized net actuarial loss		1.8			1.7			4.5

Net periodic benefit cost	$	10.0		$	11.1		$	14.3

Weighted-average assumptions used to determine net periodic postretirement benefit cost for the years ended December 31 were as follows:

Discount rate		5.27	%		5.86	%		5.15	%

Expected return on plan assets		5.50	%		6.75	%		6.75	%

Weighted-average assumptions used to determine benefit obligation at December 31 were as follows:
Discount rate		5.61	%		5.27	%		5.86	%

The expected pretax amortization in 2016 of net periodic postretirement benefit cost is as follows: net loss, $1.1 million; and prior service cost, $.1 million.

The company reviews its asset allocation periodically, taking into consideration plan liabilities, plan payment streams and then-current capital market assumptions. The company sets the long-term expected return on asset assumption, based principally on the long-term expected return on debt securities. These return assumptions are based on a combination of current market conditions, capital market expectations of third-party investment advisors and actual historical returns of the asset classes.

In 2016, the company expects to contribute approximately $15 million to its postretirement benefit plan.


Assumed health care cost trend rates at December 31	2015			2014

Health care cost trend rate assumed for next year		6.1	%		6.4	%

Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		4.8	%		4.8	%

Year that the rate reaches the ultimate trend rate		2023			2023

A one-percentage-point change in assumed health care cost trend rates would have the following effects (in millions of dollars):


	1-Percentage- Point Increase		1-Percentage- Point Decrease

Effect on service and interest cost	$	.1	$	(.2	)

Effect on postretirement benefit obligation		3.4		(3.5	)

As of December 31, 2015, the following benefits are expected to be paid to or from the company’s postretirement plan:


Year ending December 31 (millions)	Gross Medicare Part D Receipts		Gross Expected Payments

2016	$	1.1	$	15.9

2017		1.0		15.4

2018		.9		14.7

2019		.8		14.0

2020		.7		13.1

2021 – 2025		2.0		46.2

The following provides a description of the valuation methodologies and the levels of inputs used to measure fair value, and the general classification of investments in the company’s U.S. and international defined benefit pension plans, and the company’s other postretirement benefit plan.

Level 1 – These investments include cash, common stocks, real estate investment trusts, exchange traded funds, exchange traded futures, and U.S. government securities. These investments are valued using quoted prices in an active market. Payables and receivables are also included as Level 1 investments and are valued at face value.

Level 2 – These investments include the following:

Pooled Funds – These investments are comprised of money market funds and fixed income securities. The money market funds are valued at Net Asset Value (NAV) of shares held by the plans at year-end. NAV is a practical expedient for fair value. The NAV is based on the value of the underlying assets owned by the fund, minus its liabilities, divided by the number of units outstanding. The fixed income securities are valued based on quoted prices for identical or similar investments in markets that may not be active.

Commingled Funds – These investments are comprised of debt, equity and other securities and are valued using the NAV provided by trustees of the funds. The NAV is quoted on a private market that is not active. The unit price is based on underlying investments which are traded on markets that may or may not be active.

Other Fixed Income – These investments are comprised of corporate and government fixed income investments and asset and mortgage backed securities for which there are quoted prices for identical or similar investments in markets that may not be active.

Derivatives – These investments include forward exchange contracts and options, which are traded on an active market, but not on an exchange; therefore, the inputs may not be readily observable. These investments also include fixed income futures and other derivative instruments.

Level 3 – These investments include the following:

Real Estate and Private Equity – These investments represent interests in limited partnerships which invest in privately held companies or privately held real estate or other real assets. Due to the nature of these investments, pricing inputs are not readily observable. Asset valuations are developed by the general partners that manage the partnerships. These valuations are based on property appraisals, utilization of market transactions that provide valuation information for comparable companies, discounted cash flows, and other methods. These valuations are reported quarterly and adjusted as necessary at year end based on cash flows within the most recent period.

Insurance Contracts – These investments are insurance contracts which are generally invested in fixed income securities. The insurance contracts are carried at book value, are not publicly traded and are adjusted to fair value based on a market value adjustment (MVA) formula determined by the insurance provider. The MVA formula is based on unobservable inputs, which among other items take into consideration the yield earned by contributions during a specified time period, current bond yields and duration. Similar to bonds, as interest rates rise, the market value of the contracts will decrease and as interest rates decline, the market value will increase.

Commingled Funds – These investments are commingled funds, which include a fund of hedge funds, and a multi-asset fund. The NAV is quoted on a private market that is not active. The unit price is based on underlying investments, which are valued based on unobservable inputs.

The following table sets forth by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2015.


	U.S. Plans										International Plans
December 31, 2015 (millions)	Fair Value			Level 1			Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3
Pension plans
Equity Securities
Common Stocks	$	1,686.4		$	1,680.6		$	5.8			$	.6	$	.6
Commingled Funds		411.9						411.9				956.1			$	956.1
Debt Securities
U.S. Govt. Securities		162.2			162.2
Other Fixed Income		974.7						974.7				248.5				248.5
Insurance Contracts												120.6					$	120.6
Commingled Funds												905.4				905.4
Real Estate
Real Estate Investment Trusts		170.7			170.7							.7		.7
Real Estate		37.6							$	37.6		41.8						41.8
Other
Derivatives		.8			.3			.5				7.0				7.0
Private Equity		7.6								7.6
Commingled Funds		105.3						105.3				188.7				118.4		70.3
Pooled Funds		263.1						263.1
Cash		1.9			1.9							27.4		27.4
Receivables		77.1			77.1
Payables		(139.9	)		(139.9	)
Total	$	3,759.4		$	1,952.9		$	1,761.3	$	45.2	$	2,496.8	$	28.7	$	2,235.4	$	232.7
Other postretirement plans
Insurance Contracts	$	7.7							$	7.7

The following table sets forth by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2014.


	U.S. Plans										International Plans
December 31, 2014 (millions)	Fair Value			Level 1			Level 2		Level 3		Fair Value			Level 1			Level 2		Level 3
Pension plans
Equity Securities
Common Stocks	$	1,837.4		$	1,831.6		$	5.8			$	1.6		$	1.6
Commingled Funds		461.6						461.6				1,054.8					$	1,054.8
Debt Securities
U.S. and UK Govt. Securities		176.9			176.9
Other Fixed Income		1,025.3						1,025.3				330.4						330.4
Insurance Contracts		17.4							$	17.4		135.5							$	135.5
Commingled Funds												991.1						991.1
Real Estate
Real Estate Investment Trusts		169.1			169.1							1.3			1.3
Real Estate		34.2								34.2		40.8								40.8
Other
Derivatives		18.2			5.9			12.3				7.2						7.2
Private Equity		12.8								12.8
Commingled Funds		102.1						102.1				136.5						85.8		50.7
Pooled Funds		297.2						297.2				1.2						1.2
Cash		(1.3	)		(1.3	)						18.6			18.6
Receivables		77.4			77.4
Payables		(158.6	)		(158.6	)						(.1	)		(.1	)
Total	$	4,069.7		$	2,101.0		$	1,904.3	$	64.4	$	2,718.9		$	21.4		$	2,470.5	$	227.0
Other postretirement plans
Insurance Contracts	$	7.3							$	7.3
Pooled Funds		1.8					$	1.8
Total	$	9.1					$	1.8	$	7.3

The following table sets forth a summary of changes in the fair value of the plans’ Level 3 assets for the year ended December 31, 2015.


(millions)		January 1, 2015		Realized gains (losses)			Purchases or acquisitions		Sales or dispositions			Currency and unrealized gains (losses) relating to instruments still held at December 31, 2015			December 31, 2015
*U.S. plans*
Pension plan
Real Estate	$	34.2	$	.1				$	(.1	)	$	3.4		$	37.6
Private Equity		12.8		(8.2	)	$	.2		(6.6	)		9.4			7.6
Insurance Contracts		17.4		(.4	)				(16.6	)		(.4	)		–

Total	$	64.4	$	(8.5	)	$	.2	$	(23.3	)	$	12.4		$	45.2

Other postretirement plans
Insurance Contracts	$	7.3	$	(.1	)	$	.5							$	7.7

*International pension plans*
Insurance Contracts	$	135.5				$	9.4	$	(10.9	)	$	(13.4	)	$	120.6
Real Estate		40.8	$	.2			6.1		(5.9	)		.6			41.8
Commingled Funds		50.7					23.0		(.4	)		(3.0	)		70.3

Total	$	227.0	$	.2		$	38.5	$	(17.2	)	$	(15.8	)	$	232.7

The following table sets forth a summary of changes in the fair value of the plans’ Level 3 assets for the year ended December 31, 2014.


(millions)		January 1, 2014		Realized gains (losses)			Purchases or acquisitions		Sales or dispositions			Currency and unrealized gains (losses) relating to instruments still held at December 31, 2014			December 31, 2014
*U.S. plans*
Pension plan
Real Estate	$	34.7	$	4.7				$	(4.9	)	$	(.3	)	$	34.2
Private Equity		16.5		(24.4	)				(6.7	)		27.4			12.8
Insurance Contracts		79.5		.1					(63.0	)		.8			17.4

Total	$	130.7	$	(19.6	)			$	(74.6	)	$	27.9		$	64.4

Other postretirement plans
Insurance Contracts	$	7.5				$	.2	$	(.4	)				$	7.3

*International pension plans*
Insurance Contracts	$	151.3				$	7.0	$	(13.0	)	$	(9.8	)	$	135.5
Real Estate		42.8	$	(.2	)		15.3		(15.5	)		(1.6	)		40.8
Commingled Funds		50.2		.1			1.0		(.3	)		(.3	)		50.7

Total	$	244.3	$	(.1	)	$	23.3	$	(28.8	)	$	(11.7	)	$	227.0

Stockholders' equity

12 Months Ended

Dec. 31, 2015

Stockholders' equity

17. Stockholders’ equity

The company has 100 million authorized shares of common stock, par value $.01 per share, and 40 million shares of authorized preferred stock, par value $1 per share, issuable in series.

At December 31, 2015, 6.0 million shares of unissued common stock of the company were reserved for stock-based incentive plans.

On March 1, 2014, all of the outstanding shares of 6.25% mandatory convertible preferred stock (2,587,400 shares) were automatically converted (in accordance with its terms) into 6,912,756 shares of the company’s common stock. Because March 1, 2014 was not a business day, the mandatory conversion was effected on Monday, March 3, 2014.

Accumulated other comprehensive income (loss) as of December 31, 2015, 2014 and 2013, is as follows:


(millions)		Total			Translation Adjustments			Postretirement Plans
Balance at December 31, 2012	$	(4,133.6	)	$	(634.3	)	$	(3,499.3	)
Other comprehensive income before reclassifications		985.1			(42.5	)		1,027.6
Amounts reclassified from accumulated other comprehensive income		(184.9	)		–			(184.9	)

Current period other comprehensive income		800.2			(42.5)			842.7

Balance at December 31, 2013		(3,333.4	)		(676.8	)		(2,656.6	)
Other comprehensive income before reclassifications		(638.8)			(61.0)			(577.8)
Amounts reclassified from accumulated other comprehensive income		(141.2	)		–			(141.2	)

Current period other comprehensive income		(780.0	)		(61.0	)		(719.0	)

Balance at December 31, 2014		(4,113.4	)		(737.8	)		(3,375.6	)
Other comprehensive income before reclassifications		346.2			(96.0)			442.2
Amounts reclassified from accumulated other comprehensive income		(178.1	)		–			(178.1	)

Current period other comprehensive income		168.1			(96.0)			264.1

Balance at December 31, 2015	$	(3,945.3	)	$	(833.8	)	$	(3,111.5	)

Amounts related to postretirement plans not reclassified in their entirety out of accumulated other comprehensive income were as follows:


Year ended December 31 (millions)	2015			2014
Amortization of prior service cost*	$	(3.1	)	$	(.7	)
Amortization of actuarial losses*		189.7			148.3
Curtailment gain*		–			(.6	)
Total before tax		186.6			147.0
Income tax benefit		(8.5	)		(5.8	)
Net of tax	$	178.1		$	141.2

* These items are included in net periodic postretirement cost (see note 16).

The following table summarizes the changes in preferred stock, common stock and treasury stock during the three years ended December 31, 2015:


(millions)	Preferred Stock		Common Stock	Treasury Stock
Balance at December 31, 2012	2.6		44.3	.4
Common stock repurchases	–		–	.6
Stock-based compensation	–		.8	.1

Balance at December 31, 2013	2.6		45.1	1.1
Common stock repurchases	–		–	1.6
Stock-based compensation	–		.4	–
Preferred stock conversion	(2.6	)	6.9	–

Balance at December 31, 2014	–		52.4	2.7
Stock-based compensation	–		.2	–

Balance at December 31, 2015	–		52.6	2.7

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 310
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.29-31)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Subparagraph (SAB TOPIC 4.C)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

+ Details

Summary of significant accounting policies (Policies)	12 Months Ended
Summary of significant accounting policies (Policies)	Dec. 31, 2015
Principles Of Consolidation	Principles of consolidation The consolidated financial statements include the accounts of all majority-owned subsidiaries.
Use Of Estimates	Use of estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions about future events. These estimates and assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and the reported amounts of revenue and expenses. Such estimates include the valuation of accounts receivable, inventories, outsourcing assets, marketable software, goodwill and other long-lived assets, legal contingencies, indemnifications, and assumptions used in the calculation for systems integration projects, income taxes and retirement and other post-employment benefits, among others. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Management adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.
Cash Equivalents	Cash equivalents All short-term investments purchased with a maturity of three months or less and certificates of deposit which may be withdrawn at any time at the discretion of the company without penalty are classified as cash equivalents.
Inventories	Inventories Inventories are valued at the lower of cost or market. Cost is determined on the first-in, first-out method.
Properties	Properties Properties are carried at cost and are depreciated over the estimated lives of such assets using the straight-line method. The estimated lives used, in years, are as follows: buildings, 20 – 50; machinery and office equipment, 4 – 7; rental equipment, 4; and internal-use software, 3 – 10.
Advertising Costs	Advertising costs All advertising costs are expensed as incurred. The amount charged to expense during 2015, 2014 and 2013 was $4.9 million, $8.0 million and $2.5 million, respectively.
Shipping And Handling	Shipping and handling Costs related to shipping and handling is included in cost of revenue.
Revenue Recognition	Revenue recognition Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the fee is fixed or determinable, and collectability is probable. Revenue from hardware sales with standard payment terms is recognized upon the passage of title and the transfer of risk of loss. Outside the United States, the company recognizes revenue even if it retains a form of title to products delivered to customers, provided the sole purpose is to enable the company to recover the products in the event of customer payment default and the arrangement does not prohibit the customer’s use of the product in the ordinary course of business. Revenue from software licenses with standard payment terms is recognized at the inception of the initial license term and upon execution of an extension to the license term. The company also enters into multiple-element arrangements, which may include any combination of hardware, software or services. For example, a client may purchase an enterprise server that includes operating system software. In addition, the arrangement may include post-contract support for the software and a contract for post-warranty maintenance for service of the hardware. These arrangements consist of multiple deliverables, with hardware and software delivered in one reporting period and the software support and hardware maintenance services delivered across multiple reporting periods. In another example, the company may provide desktop managed services to a client on a long term multiple year basis and periodically sell hardware and software products to the client. The services are provided on a continuous basis across multiple reporting periods and the hardware and software products are delivered in one reporting period. To the extent that a deliverable in a multiple-deliverable arrangement is subject to specific guidance, that deliverable is accounted for in accordance with such specific guidance. Examples of such arrangements may include leased hardware which is subject to specific leasing guidance or software which is subject to specific software revenue recognition guidance. In these transactions, the company allocates the total revenue to be earned under the arrangement among the various elements based on a selling price hierarchy. The selling price for a deliverable is based on its vendor specific objective evidence (VSOE) if available, third party evidence (TPE) if VSOE is not available, or the best estimated selling price (ESP) if neither VSOE nor TPE is available. VSOE of selling price is based upon the normal pricing and discounting practices for those products and services when sold separately. TPE of selling price is based on evaluating largely similar and interchangeable competitor products or services in standalone sales to similarly situated customers. ESP is established considering factors such as margin objectives, discounts off of list prices, market conditions, competition and other factors. ESP represents the price at which the company would transact for the deliverable if it were sold by the company regularly on a standalone basis. As mentioned above, some of the company’s multiple-element arrangements may include leased hardware which is subject to specific leasing guidance. Revenue under these arrangements is allocated considering the relative selling prices of the lease and non-lease elements. Lease deliverables include hardware, financing, maintenance and other executory costs, while non-lease deliverables generally consist of non-maintenance services. The amount of revenue allocated to the lease deliverables begins by allocating revenue to maintenance and other executory costs plus a profit thereon. These elements are generally recognized over the term of the lease. The remaining amounts are allocated to the hardware and financing elements. The amount allocated to hardware is recognized as revenue monthly over the term of the lease for those leases which are classified as operating leases and at the inception of the lease term for those leases which are classified as sales-type leases. The amount of finance income attributable to sales-type leases is recognized on the accrual basis using the effective interest method. For multiple-element arrangements that involve the licensing, selling or leasing of software, for software and software-related elements, the allocation of revenue is based on VSOE. There may be cases in which there is VSOE of fair value of the undelivered elements but no such evidence for the delivered elements. In these cases, the residual method is used to allocate the arrangement consideration. Under the residual method, the amount of consideration allocated to the delivered elements equals the total arrangement consideration less the aggregate VSOE of fair value of the undelivered elements. For multiple-element arrangements that include products or services that (a) do not include the licensing, selling or leasing of software, or (b) contain software that is incidental to the products or services as a whole or (c) contain software components that are sold, licensed or leased with tangible products when the software components and non-software components (i.e., the hardware and software) of the tangible product function together to deliver the tangible product’s essential functionality (e.g., sales of the company’s enterprise-class servers including hardware and software), or some combination of the above, the allocation of revenue is based on the relative selling prices of each of the deliverables in the arrangement based on the selling price hierarchy, discussed above. For multiple-element arrangements that include both software and non-software deliverables, the company allocates arrangement consideration to the software group and to the non-software group based on the relative selling prices of the deliverables in the arrangement based on the selling price hierarchy discussed above. For the software group, arrangement consideration is further allocated using VSOE as described above. The company recognizes revenue on delivered elements only if: (a) any undelivered products or services are not essential to the functionality of the delivered products or services, (b) the company has an enforceable claim to receive the amount due in the event it does not deliver the undelivered products or services, (c) there is evidence of the selling price for each undelivered product or service, and (d) the revenue recognition criteria otherwise have been met for the delivered elements. Otherwise, revenue on delivered elements is recognized as the undelivered elements are delivered. The company evaluates each deliverable in an arrangement to determine whether it represents a separate unit of accounting. A delivered element constitutes a separate unit of accounting when it has standalone value and there is no customer-negotiated refund or return right for the delivered elements. If these criteria are not met, the deliverable is combined with the undelivered elements and the allocation of the arrangement consideration and revenue recognition are determined for the combined unit as a single unit. Revenue from hardware sales and software licenses with extended payment terms is recognized as payments from customers become due (assuming that all other conditions for revenue recognition have been satisfied). Revenue for operating leases is recognized on a monthly basis over the term of the lease and for sales-type leases at the inception of the lease term. Revenue from equipment and software maintenance and post-contract support is recognized on a straight-line basis as earned over the terms of the respective contracts. Cost related to such contracts is recognized as incurred. Revenue and profit under systems integration contracts are recognized either on the percentage-of-completion method of accounting using the cost-to-cost method, or when services have been performed, depending on the nature of the project. For contracts accounted for on the percentage-of-completion basis, revenue and profit recognized in any given accounting period are based on estimates of total projected contract costs. The estimates are continually reevaluated and revised, when necessary, throughout the life of a contract. Any adjustments to revenue and profit resulting from changes in estimates are accounted for in the period of the change in estimate. When estimates indicate that a loss will be incurred on a contract upon completion, a provision for the expected loss is recorded in the period in which the loss becomes evident. Revenue from time and materials service contracts and outsourcing contracts is recognized as the services are provided using either an objective measure of output or on a straight-line basis over the term of the contract.
Income Taxes	Income taxes Income taxes are based on income before taxes for financial reporting purposes and reflect a current tax liability for the estimated taxes payable in the current-year tax return and changes in deferred taxes. Deferred tax assets or liabilities are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using enacted tax laws and rates. A valuation allowance is provided on deferred tax assets if it is determined that it is more likely than not that the asset will not be realized. The company recognizes penalties and interest accrued related to income tax liabilities in provision for income taxes in its consolidated statements of income.
Marketable Software	Marketable software The cost of development of computer software to be sold or leased, incurred subsequent to establishment of technological feasibility, is capitalized and amortized to cost of sales over the estimated revenue-producing lives of the products, but not in excess of three years following product release. The company performs quarterly reviews to ensure that unamortized costs remain recoverable from future revenue.
Internal-use Software	Internal-use software The company capitalizes certain internal and external costs incurred to acquire or create internal-use software, principally related to software coding, designing system interfaces, and installation and testing of the software. These costs are amortized in accordance with the fixed asset policy described above.
Outsourcing Assets	Outsourcing assets Costs on outsourcing contracts are generally expensed as incurred. However, certain costs incurred upon initiation of an outsourcing contract (principally initial customer setup) are deferred and expensed over the initial contract life. Fixed assets and software used in connection with outsourcing contracts are capitalized and depreciated over the shorter of the initial contract life or in accordance with the fixed asset policy described above. Recoverability of outsourcing assets is subject to various business risks. The company quarterly compares the carrying value of the outsourcing assets with the undiscounted future cash flows expected to be generated by the outsourcing assets to determine if there is impairment. If impaired, the outsourcing assets are reduced to an estimated fair value on a discounted cash flow basis. The company prepares its cash flow estimates based on assumptions that it believes to be reasonable but are also inherently uncertain. Actual future cash flows could differ from these estimates.
Translation Of Foreign Currency	Translation of foreign currency The local currency is the functional currency for most of the company’s international subsidiaries, and as such, assets and liabilities are translated into U.S. dollars at year-end exchange rates. Income and expense items are translated at average exchange rates during the year. Translation adjustments resulting from changes in exchange rates are reported in other comprehensive income (loss). Exchange gains and losses on intercompany balances are reported in other income (expense), net. For those international subsidiaries operating in highly inflationary economies, the U.S. dollar is the functional currency, and as such, nonmonetary assets and liabilities are translated at historical exchange rates, and monetary assets and liabilities are translated at current exchange rates. Exchange gains and losses arising from translation are included in other income (expense), net.
Stock-Based Compensation Plans	Stock-based compensation plans Stock-based compensation represents the cost related to stock-based awards granted to employees and directors. The company recognizes compensation expense for the fair value of stock options, which have graded vesting, on a straight-line basis over the requisite service period. The company estimates the fair value of stock options using a Black-Scholes valuation model. The expense is recorded in selling, general and administrative expenses.
Retirement Benefits	Retirement benefits Accounting rules covering defined benefit pension plans and other postretirement benefits require that amounts recognized in financial statements be determined on an actuarial basis. A significant element in determining the company’s retirement benefits expense or income is the expected long-term rate of return on plan assets. This expected return is an assumption as to the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the projected pension benefit obligation. The company applies this assumed long-term rate of return to a calculated value of plan assets, which recognizes changes in the fair value of plan assets in a systematic manner over four years. This produces the expected return on plan assets that is included in retirement benefits expense or income. The difference between this expected return and the actual return on plan assets is deferred. The net deferral of past asset losses or gains affects the calculated value of plan assets and, ultimately, future retirement benefits expense or income. At December 31 of each year, the company determines the fair value of its retirement benefits plan assets as well as the discount rate to be used to calculate the present value of plan liabilities. The discount rate is an estimate of the interest rate at which the retirement benefits could be effectively settled. In estimating the discount rate, the company looks to rates of return on high-quality, fixed-income investments currently available and expected to be available during the period to maturity of the retirement benefits. The company uses a portfolio of fixed-income securities, which receive at least the second-highest rating given by a recognized ratings agency.
Fair Value Measurements	Fair value measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining fair value measurements for assets and liabilities required to be recorded at fair value, the company assumes that the transaction is an orderly transaction that assumes exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction (for example, a forced liquidation or distress sale). The fair value hierarchy has three levels of inputs that may be used to measure fair value: Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the company can access at the measurement date; Level 2 – Inputs other than quoted prices within Level 1 that are observable for the asset or liability, either directly or indirectly; and Level 3 – Unobservable inputs for the asset or liability. The company has applied fair value measurements to its long-term debt (see note 9), derivatives (see note 12) and to its postretirement plan assets (see note 16).
Noncontrolling interest	Noncontrolling interest The company owns a fifty-one percent interest in Intelligent Processing Solutions Ltd. (iPSL), a U.K. business processing outsourcing joint venture. The remaining interests, which are reflected as a noncontrolling interest in the company’s financial statements, are owned by three financial institutions for which iPSL performs services.

Earnings per common share (Tables)

12 Months Ended

Dec. 31, 2015

Computation of Earnings (Loss) Per Common Share Attributable to Unisys Corporation

The following table shows how the earnings (loss) per common share attributable to Unisys Corporation were computed for the three years ended December 31, 2015.


Year ended December 31 (millions, except per share data)	2015			2014		2013
Basic earnings (loss) per common share computation
Net income (loss) attributable to Unisys Corporation common stockholders	$	(109.9	)	$	44.0	$	92.3
Weighted average shares (thousands)		49,905			49,280		43,899
Basic earnings (loss) per common share	$	(2.20	)	$	.89	$	2.10
Diluted earnings (loss) per common share computation
Net income (loss) attributable to Unisys Corporation for diluted earnings per share	$	(109.9	)	$	44.0	$	92.3
Weighted average shares (thousands)		49,905			49,280		43,899
Plus incremental shares from assumed conversions of employee stock plans		–			304		448
Adjusted weighted average shares		49,905			49,584		44,347
Diluted earnings (loss) per common share	$	(2.20	)	$	.89	$	2.08

Cost Reduction Actions (Tables)

12 Months Ended

Dec. 31, 2015

Individual Components of Work Force Reduction and Idle Lease Cost

A further breakdown of the individual components of these costs follows (in millions of dollars):


							Work-Force			Reductions
(in millions of dollars)	Headcount			Total			U.S.			Int’l.
Charges for cost reductions		1,482		$	78.8		$	27.9		$	50.9
Utilized		(1,227	)		(45.3	)		(23.7	)		(21.6	)
Translation adjustments					(.5	)					(.5	)
Balance at December 31, 2015		255		$	33.0		$	4.2		$	28.8
Expected future utilization:
2016		255		$	33.0		$	4.2		$	28.8
Beyond 2016					–			–			–

Income taxes (Tables)

12 Months Ended

Dec. 31, 2015

Total Income Before Income Taxes and Provision for Income Taxes

Following is the total income before income taxes and the provision for income taxes for the three years ended December 31, 2015.


Year ended December 31 (millions)		2015			2014			2013
Income (loss) before income taxes
United States	$	(130.6	)	$	(19.9	)	$	28.4
Foreign		71.8			165.4			191.0
Total income (loss) before income taxes	$	(58.8	)	$	145.5		$	219.4
Provision for income taxes
Current
United States	$	1.0		$	2.1		$	8.0
Foreign		42.2			59.4			63.0
State and local		.3			1.0			(.2	)
Total		43.5			62.5			70.8
Deferred
Foreign		.9			23.7			28.5
Total provision for income taxes	$	44.4		$	86.2		$	99.3

Reconciliation of the Provision for Income Taxes

Following is a reconciliation of the provision for income taxes at the United States statutory tax rate to the provision for income taxes as reported:


Year ended December 31 (millions)	2015			2014			2013
United States statutory income tax provision (benefit)	$	(20.6	)	$	50.9		$	76.8
Income and losses for which no provision or benefit has been recognized		69.1			35.7			13.5
Foreign rate differential and other foreign tax expense		(15.9	)		(22.0	)		(23.0	)
Income tax withholdings		12.5			17.1			15.4
Permanent items		(1.9)			1.1			4.0
Enacted rate changes		9.1			–			8.9
Change in uncertain tax positions		1.5			.2			4.4
Change in valuation allowances due to changes in judgment		(5.4	)		7.0			(.5	)
Income tax credits, U.S.		(4.0	)		(3.9	)		–
Other		–			.1			(.2	)
Provision for income taxes	$	44.4		$	86.2		$	99.3

Significant Portions of Deferred Tax Assets and Liabilities

The tax effects of temporary differences and carryforwards that give rise to significant portions of deferred tax assets and liabilities at December 31, 2015 and 2014 were as follows:


December 31 (millions)		2015			2014
Deferred tax assets
Tax loss carryforwards	$	854.5		$	883.3
Postretirement benefits		695.7			791.3
Foreign tax credit carryforwards		263.2			245.5
Other tax credit carryforwards		86.7			88.0
Deferred revenue		65.7			60.5
Employee benefits and compensation		49.9			44.6
Purchased capitalized software		39.5			39.3
Depreciation		36.8			34.9
Warranty, bad debts and other reserves		14.1			12.8
Capitalized costs		13.0			16.3
Capitalized research and development		3.2			36.0
Other		39.7			29.5
		2,162.0			2,282.0
Valuation allowance		(2,024.9	)		(2,107.8	)
Total deferred tax assets	$	137.1		$	174.2
Deferred tax liabilities
Other	$	22.7		$	37.9
Total deferred tax liabilities	$	22.7		$	37.9
Net deferred tax assets	$	114.4		$	136.3

Reconciliation of Changes in Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


Year ended December 31 (millions)	2015			2014			2013
Balance at January 1	$	35.0		$	26.3		$	29.2
Additions based on tax positions related to the current year		3.4			14.4			(2.4	)
Changes for tax positions of prior years		(4.0	)		(1.4	)		(.1	)
Reductions as a result of a lapse of applicable statute of limitations		(3.4	)		(1.6	)		–
Settlements		(.9	)		(.9	)		(.2	)
Changes due to foreign currency		(2.4	)		(1.8	)		(.2	)
Balance at December 31	$	27.7		$	35.0		$	26.3

Properties (Tables)

12 Months Ended

Dec. 31, 2015

Components of Properties

Properties comprise the following:


December 31 (millions)	2015		2014
Land	$	2.8	$	2.8
Buildings		93.1		80.1
Machinery and office equipment		586.8		644.9
Internal-use software		144.5		257.7
Rental equipment		49.4		73.9
Total properties	$	876.6	$	1,059.4

Segment information (Tables)

12 Months Ended

Dec. 31, 2015

Customer Revenue by Classes of Similar Products or Services

Customer revenue by classes of similar products or services, by segment, is presented below:


Year ended December 31 (millions)	2015		2014		2013

Services
Cloud & infrastructure services	$	1,513.1	$	1,704.9	$	1,772.4
Application services		868.9		819.8		824.7

BPO services		223.6		261.0		252.9
		2,605.6		2,785.7		2,850.0
Technology		409.5		570.7		606.5
Total	$	3,015.1	$	3,356.4	$	3,456.5

Reconciliation of Segment Operating Income to Consolidated Income (Loss) Before Income Taxes

Presented below is a reconciliation of segment operating income to consolidated income (loss) before income taxes:


Year ended December 31 (millions)		2015			2014			2013
Total segment operating income	$	174.9		$	233.6		$	307.5
Interest expense		(11.9	)		(9.2	)		(9.9	)
Other income (expense), net		8.2			(.2	)		9.8
Cost reduction charges		(118.5	)		–			–
Corporate and eliminations		(111.5	)		(78.7	)		(88.0	)
Total income (loss) before income taxes	$	(58.8	)	$	145.5		$	219.4

Reconciliation of Total Business Segment Assets to Consolidated Assets

Presented below is a reconciliation of total business segment assets to consolidated assets:


December 31 (millions)		2015		2014		2013
Total segment assets	$	1,486.0	$	1,533.8	$	1,530.5
Cash and cash equivalents		365.2		494.3		639.8
Deferred income taxes		138.6		171.0		136.4
Prepaid postretirement assets		45.1		19.9		83.7
Other corporate assets		108.3		129.7		119.6
Total assets	$	2,143.2	$	2,348.7	$	2,510.0

Summary of Operations by Business Segment

A summary of the company’s operations by business segment for 2015, 2014 and 2013 is presented below:


(millions)		Total			Corporate			Services		Technology
2015
Customer revenue	$	3,015.1					$	2,605.6	$	409.5
Intersegment				$	(49.0	)		.1		48.9
Total revenue	$	3,015.1		$	(49.0	)	$	2,605.7	$	458.4
Operating income (loss)	$	(55.1	)	$	(230.0	)	$	61.2	$	113.7
Depreciation and amortization		180.1						104.8		75.3
Total assets		2,143.2			657.2			1,081.7		404.3
Capital expenditures		213.7			1.9			143.3		68.5

2014
Customer revenue	$	3,356.4					$	2,785.7	$	570.7
Intersegment				$	(58.4	)		.3		58.1
Total revenue	$	3,356.4		$	(58.4	)	$	2,786.0	$	628.8
Operating income	$	154.9		$	(78.7	)	$	96.0	$	137.6
Depreciation and amortization		168.6						103.2		65.4
Total assets		2,348.7			814.9			1,099.2		434.6
Capital expenditures		212.8			4.9			133.8		74.1

2013
Customer revenue	$	3,456.5					$	2,850.0	$	606.5
Intersegment				$	(37.2	)		1.7		35.5
Total revenue	$	3,456.5		$	(37.2	)	$	2,851.7	$	642.0
Operating income	$	219.5		$	(88.0	)	$	138.2	$	169.3
Depreciation and amortization		159.6						91.8		67.8
Total assets		2,510.0			979.5			1,126.7		403.8
Capital expenditures		151.4			2.9			78.8		69.7

Revenue by Geographic Segment

Geographic information about the company’s revenue, which is principally based on location of the selling organization, properties and outsourcing assets, is presented below:


Year ended December 31 (millions)		2015		2014		2013
Revenue
United States	$	1,454.9	$	1,378.1	$	1,370.6
United Kingdom		375.8		435.4		414.0
Other foreign		1,184.4		1,542.9		1,671.9
Total	$	3,015.1	$	3,356.4	$	3,456.5
Properties, net
United States	$	96.9	$	111.9	$	112.4
United Kingdom		18.8		22.0		24.7
Other foreign		38.1		34.8		37.6
Total	$	153.8	$	168.7	$	174.7
Outsourcing assets, net
United States	$	119.4	$	99.7	$	56.2
United Kingdom		36.6		25.8		28.1
Other foreign		26.0		25.4		31.2
Total	$	182.0	$	150.9	$	115.5

Employee plans (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Assumptions on Stock Options

The fair value of stock option awards was estimated using the Black-Scholes option pricing model with the following assumptions and weighted-average fair values as follows:


Year Ended December 31	2015			2014			2013
Weighted-average fair value of grant	$	8.92		$	11.24		$	8.79
Risk-free interest rate		1.28	%		1.04	%		.54	%
Expected volatility		45.46	%		45.65	%		50.19	%
Expected life of options in years		4.92			3.71			3.69
Expected dividend yield		–			–			–

Summary of Stock Option Activity

A summary of stock option activity for the year ended December 31, 2015 follows (shares in thousands):


Options	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (years)		Aggregate Intrinsic Value ($ in millions)
Outstanding at December 31, 2014		2,816		$	29.51
Granted		743			23.21
Exercised		(190	)		19.53
Forfeited and expired		(646	)		32.10
Outstanding at December 31, 2015		2,723			27.88		2.75	$	0.0
Expected to vest at December 31, 2015		1,281			26.23		4.18	$	0.0
Exercisable at December 31, 2015		1,398			29.51		1.36	$	0.0

Summary of Restricted Stock Unit Activity

A summary of restricted stock unit activity for the year ended December 31, 2015 follows (shares in thousands):


	Restricted Stock Units			Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2014		354		$	28.81
Granted		452			22.52
Vested		(87	)		23.85
Forfeited and expired		(250	)		29.01
Outstanding at December 31, 2015		469			23.57

Schedule of Accumulated Benefit Obligation in Excess of Plan Assets

Information for defined benefit retirement plans with an accumulated benefit obligation in excess of plan assets at December 31, 2015 and 2014 follows:


December 31 (millions)	2015		2014
Accumulated benefit obligation	$	7,231.2	$	8,412.6

Fair value of plan assets		5,228.6		6,167.2

Schedule of Projected Benefit Obligation in Excess of Plan Assets

Information for defined benefit retirement plans with a projected benefit obligation in excess of plan assets at December 31, 2015 and 2014 follows:


December 31 (millions)	2015		2014
Projected benefit obligation	$	7,235.4	$	8,417.9

Fair value of plan assets		5,228.6		6,167.2

Company's Investment Policy Targets and Ranges for Each Asset Category

The company’s investment policy targets and ranges for each asset category are as follows:


	U.S.				Int’l.
Asset Category	Target		Range		Target		Range

Equity securities		58%		52-64%		39%		33-45%

Debt securities		36%		33-39%		54%		47-61%

Real estate		6%		3-9%		1%		0-3%

Cash		0%		0-5%		1%		0-5%

Other		0%		0%		5%		0-10%

Assumed Health Care Cost Trend Rates


Assumed health care cost trend rates at December 31	2015			2014

Health care cost trend rate assumed for next year		6.1	%		6.4	%

Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		4.8	%		4.8	%

Year that the rate reaches the ultimate trend rate		2023			2023

Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

A one-percentage-point change in assumed health care cost trend rates would have the following effects (in millions of dollars):


	1-Percentage- Point Increase		1-Percentage- Point Decrease

Effect on service and interest cost	$	.1	$	(.2	)

Effect on postretirement benefit obligation		3.4		(3.5	)

Schedule of Plans' Assets (Liabilities) at Fair Value

The following table sets forth by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2015.


	U.S. Plans										International Plans
December 31, 2015 (millions)	Fair Value			Level 1			Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3
Pension plans
Equity Securities
Common Stocks	$	1,686.4		$	1,680.6		$	5.8			$	.6	$	.6
Commingled Funds		411.9						411.9				956.1			$	956.1
Debt Securities
U.S. Govt. Securities		162.2			162.2
Other Fixed Income		974.7						974.7				248.5				248.5
Insurance Contracts												120.6					$	120.6
Commingled Funds												905.4				905.4
Real Estate
Real Estate Investment Trusts		170.7			170.7							.7		.7
Real Estate		37.6							$	37.6		41.8						41.8
Other
Derivatives		.8			.3			.5				7.0				7.0
Private Equity		7.6								7.6
Commingled Funds		105.3						105.3				188.7				118.4		70.3
Pooled Funds		263.1						263.1
Cash		1.9			1.9							27.4		27.4
Receivables		77.1			77.1
Payables		(139.9	)		(139.9	)
Total	$	3,759.4		$	1,952.9		$	1,761.3	$	45.2	$	2,496.8	$	28.7	$	2,235.4	$	232.7
Other postretirement plans
Insurance Contracts	$	7.7							$	7.7

The following table sets forth by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2014.


	U.S. Plans										International Plans
December 31, 2014 (millions)	Fair Value			Level 1			Level 2		Level 3		Fair Value			Level 1			Level 2		Level 3
Pension plans
Equity Securities
Common Stocks	$	1,837.4		$	1,831.6		$	5.8			$	1.6		$	1.6
Commingled Funds		461.6						461.6				1,054.8					$	1,054.8
Debt Securities
U.S. and UK Govt. Securities		176.9			176.9
Other Fixed Income		1,025.3						1,025.3				330.4						330.4
Insurance Contracts		17.4							$	17.4		135.5							$	135.5
Commingled Funds												991.1						991.1
Real Estate
Real Estate Investment Trusts		169.1			169.1							1.3			1.3
Real Estate		34.2								34.2		40.8								40.8
Other
Derivatives		18.2			5.9			12.3				7.2						7.2
Private Equity		12.8								12.8
Commingled Funds		102.1						102.1				136.5						85.8		50.7
Pooled Funds		297.2						297.2				1.2						1.2
Cash		(1.3	)		(1.3	)						18.6			18.6
Receivables		77.4			77.4
Payables		(158.6	)		(158.6	)						(.1	)		(.1	)
Total	$	4,069.7		$	2,101.0		$	1,904.3	$	64.4	$	2,718.9		$	21.4		$	2,470.5	$	227.0
Other postretirement plans
Insurance Contracts	$	7.3							$	7.3
Pooled Funds		1.8					$	1.8
Total	$	9.1					$	1.8	$	7.3

Summary of Changes in the Fair Value of the Plans' Level 3 Assets

The following table sets forth a summary of changes in the fair value of the plans’ Level 3 assets for the year ended December 31, 2015.


(millions)		January 1, 2015		Realized gains (losses)			Purchases or acquisitions		Sales or dispositions			Currency and unrealized gains (losses) relating to instruments still held at December 31, 2015			December 31, 2015
*U.S. plans*
Pension plan
Real Estate	$	34.2	$	.1				$	(.1	)	$	3.4		$	37.6
Private Equity		12.8		(8.2	)	$	.2		(6.6	)		9.4			7.6
Insurance Contracts		17.4		(.4	)				(16.6	)		(.4	)		–

Total	$	64.4	$	(8.5	)	$	.2	$	(23.3	)	$	12.4		$	45.2

Other postretirement plans
Insurance Contracts	$	7.3	$	(.1	)	$	.5							$	7.7

*International pension plans*
Insurance Contracts	$	135.5				$	9.4	$	(10.9	)	$	(13.4	)	$	120.6
Real Estate		40.8	$	.2			6.1		(5.9	)		.6			41.8
Commingled Funds		50.7					23.0		(.4	)		(3.0	)		70.3

Total	$	227.0	$	.2		$	38.5	$	(17.2	)	$	(15.8	)	$	232.7

The following table sets forth a summary of changes in the fair value of the plans’ Level 3 assets for the year ended December 31, 2014.


(millions)		January 1, 2014		Realized gains (losses)			Purchases or acquisitions		Sales or dispositions			Currency and unrealized gains (losses) relating to instruments still held at December 31, 2014			December 31, 2014
*U.S. plans*
Pension plan
Real Estate	$	34.7	$	4.7				$	(4.9	)	$	(.3	)	$	34.2
Private Equity		16.5		(24.4	)				(6.7	)		27.4			12.8
Insurance Contracts		79.5		.1					(63.0	)		.8			17.4

Total	$	130.7	$	(19.6	)			$	(74.6	)	$	27.9		$	64.4

Other postretirement plans
Insurance Contracts	$	7.5				$	.2	$	(.4	)				$	7.3

*International pension plans*
Insurance Contracts	$	151.3				$	7.0	$	(13.0	)	$	(9.8	)	$	135.5
Real Estate		42.8	$	(.2	)		15.3		(15.5	)		(1.6	)		40.8
Commingled Funds		50.2		.1			1.0		(.3	)		(.3	)		50.7

Total	$	244.3	$	(.1	)	$	23.3	$	(28.8	)	$	(11.7	)	$	227.0

Pension Plans

Funded Status of the Plan and Amounts Recognized in Consolidated Balance Sheet

Retirement plans’ funded status and amounts recognized in the company’s consolidated balance sheets at December 31, 2015 and 2014 follow:


	U.S. Plans						International Plans
December 31 (millions)	2015			2014			2015			2014

Change in projected benefit obligation

Benefit obligation at beginning of year	$	5,665.5		$	5,158.8		$	3,354.9		$	3,059.2

Service cost		–			–			8.7			8.4

Interest cost		224.1			248.3			94.1			117.9

Plan participants’ contributions		–			–			2.5			3.1

Plan amendment		(2.7	)		(46.3	)		(32.3	)		(1.0	)

Plan curtailment		–			–			–			(.3	)

Actuarial loss (gain)		(285.0	)		670.0			(79.5	)		559.4

Benefits paid		(370.5	)		(365.3	)		(112.8	)		(115.4	)

Foreign currency translation adjustments		–			–			(247.8	)		(276.4	)

Benefit obligation at end of year	$	5,231.4		$	5,665.5		$	2,987.8		$	3,354.9

Change in plan assets

Fair value of plan assets at beginning of year	$	4,069.7		$	4,048.0		$	2,718.9		$	2,681.8

Actual return on plan assets		(5.6	)		299.9			18.6			278.0

Employer contribution		65.8			87.1			82.5			96.3

Plan participants’ contributions		–			–			2.5			3.1

Benefits paid		(370.5	)		(365.3	)		(112.8	)		(115.4	)

Foreign currency translation adjustments		–			–			(212.9	)		(224.9	)

Fair value of plan assets at end of year	$	3,759.4		$	4,069.7		$	2,496.8		$	2,718.9

Funded status at end of year	$	(1,472.0	)	$	(1,595.8	)	$	(491.0	)	$	(636.0	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	–		$	–		$	43.8		$	18.9

Other accrued liabilities		(6.8	)		(6.9	)		(.2	)		(.2	)

Long-term postretirement liabilities		(1,465.2	)		(1,588.9	)		(534.6	)		(654.7	)

Total funded status	$	(1,472.0	)	$	(1,595.8	)	$	(491.0	)	$	(636.0	)

Accumulated other comprehensive loss, net of tax

Net loss	$	2,816.2		$	2,973.5		$	1,018.6		$	1,076.1

Prior service (credit) cost	$	(44.9	)	$	(44.5	)	$	(35.8	)	$	(12.8	)

Accumulated benefit obligation	$	5,231.4		$	5,665.5		$	2,983.1		$	3,349.3

Components of Net Periodic Benefit (Income) Cost

Net periodic pension cost for 2015, 2014 and 2013 includes the following components:


	U.S. Plans									International Plans
Year ended December 31 (millions)	2015			2014			2013			2015			2014			2013

Service cost	$	–		$	–		$	–		$	8.7		$	8.4		$	10.4

Interest cost		224.1			248.3			220.4			94.1			117.9			106.6

Expected return on plan assets		(254.8	)		(287.1	)		(291.5	)		(155.4	)		(160.5	)		(141.9	)

Amortization of prior service (credit)		(2.4	)		(.4	)		.7			(1.9	)		(2.1	)		(2.1	)

Recognized net actuarial loss		132.7			109.7			139.0			63.6			40.2			51.9

Curtailment gain		–			–			–			–			(.6	)		–
Net periodic pension cost	$	99.6		$	70.5		$	68.6		$	9.1		$	3.3		$	24.9

Schedule of Weighted-Average Assumptions


	U.S. Plans									International Plans
Year ended December 31 (millions)	2015			2014			2013			2015			2014			2013

Weighted-average assumptions used to determine net periodic pension cost for the years ended December 31 were as follows:

Discount rate		4.09	%		5.02	%		4.01	%		3.05	%		4.15	%		3.92	%
Rate of compensation increase		N/A			N/A			N/A			1.68	%		2.08	%		2.06	%
Expected long-term rate of return on assets		6.80	%		7.72	%		8.00	%		6.45	%		6.45	%		6.40	%


Weighted-average assumptions used to determine benefit obligations at December 31 were as follows:

Discount rate		4.56	%		4.09	%		5.02	%		3.30	%		3.05	%		4.15	%
Rate of compensation increase		N/A			N/A			N/A			1.68	%		1.68	%		2.08	%

Expected Future Benefit Payments

As of December 31, 2015, the following benefit payments, which reflect expected future service where applicable, are expected to be paid from the defined benefit pension plans:


Year ending December 31 (millions)	U.S.		Int’l.

2016	$	361.8	$	104.6

2017		362.6		105.6

2018		362.9		107.1

2019		363.5		109.3

2020		364.5		110.8

2021 - 2025		1,814.7		573.9

Other Postretirement Benefit Plans

Funded Status of the Plan and Amounts Recognized in Consolidated Balance Sheet


December 31 (millions)	2015			2014

Change in accumulated benefit obligation

Benefit obligation at beginning of year	$	150.0		$	159.7

Service cost		.6			.6

Interest cost		6.9			7.6

Plan participants’ contributions		4.2			4.6

Actuarial gain		(8.0	)		(2.4	)

Federal drug subsidy		1.5			1.4

Benefits paid		(21.4	)		(20.0	)

Foreign currency translation and other adjustments		(2.3	)		(1.5	)

Benefit obligation at end of year	$	131.5		$	150.0

Change in plan assets

Fair value of plan assets at beginning of year	$	9.1		$	9.2

Actual return on plan assets		(.1	)		–

Employer contributions		15.9			15.3

Plan participants’ contributions		4.2			4.6

Benefits paid		(21.4	)		(20.0	)

Fair value of plan assets at end of year	$	7.7		$	9.1

Funded status at end of year	$	(123.8	)	$	(140.9	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	1.3		$	1.0

Other accrued liabilities		(13.7	)		(15.6	)

Long-term postretirement liabilities		(111.4	)		(126.3	)

Total funded status	$	(123.8	)	$	(140.9	)

Accumulated other comprehensive loss, net of tax

Net loss	$	21.3		$	32.0
Prior service cost		.1			1.2

Components of Net Periodic Benefit (Income) Cost

Net periodic postretirement benefit cost for 2015, 2014 and 2013, follows:


Year ended December 31 (millions)	2015			2014			2013

Service cost	$	.6		$	.6		$	.6

Interest cost		6.9			7.6			7.9

Expected return on assets		(.4	)		(.5	)		(.5	)

Amortization of prior service cost		1.1			1.7			1.8

Recognized net actuarial loss		1.8			1.7			4.5

Net periodic benefit cost	$	10.0		$	11.1		$	14.3

Schedule of Weighted-Average Assumptions

Weighted-average assumptions used to determine net periodic postretirement benefit cost for the years ended December 31 were as follows:


Discount rate	5.27	%	5.86	%	5.15	%
Expected return on plan assets	5.50	%	6.75	%	6.75	%

Weighted-average assumptions used to determine benefit obligation at December 31 were as follows:


Discount rate			5.61	%			5.27	%			5.86	%

Expected Future Benefit Payments

As of December 31, 2015, the following benefits are expected to be paid to or from the company’s postretirement plan:


Year ending December 31 (millions)	Gross Medicare Part D Receipts		Gross Expected Payments

2016	$	1.1	$	15.9

2017		1.0		15.4

2018		.9		14.7

2019		.8		14.0

2020		.7		13.1

2021 – 2025		2.0		46.2

Stockholders' equity (Tables)

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) as of December 31, 2015, 2014 and 2013, is as follows:


(millions)		Total			Translation Adjustments			Postretirement Plans
Balance at December 31, 2012	$	(4,133.6	)	$	(634.3	)	$	(3,499.3	)
Other comprehensive income before reclassifications		985.1			(42.5	)		1,027.6
Amounts reclassified from accumulated other comprehensive income		(184.9	)		–			(184.9	)

Current period other comprehensive income		800.2			(42.5)			842.7

Balance at December 31, 2013		(3,333.4	)		(676.8	)		(2,656.6	)
Other comprehensive income before reclassifications		(638.8)			(61.0)			(577.8)
Amounts reclassified from accumulated other comprehensive income		(141.2	)		–			(141.2	)

Current period other comprehensive income		(780.0	)		(61.0	)		(719.0	)

Balance at December 31, 2014		(4,113.4	)		(737.8	)		(3,375.6	)
Other comprehensive income before reclassifications		346.2			(96.0)			442.2
Amounts reclassified from accumulated other comprehensive income		(178.1	)		–			(178.1	)

Current period other comprehensive income		168.1			(96.0)			264.1

Balance at December 31, 2015	$	(3,945.3	)	$	(833.8	)	$	(3,111.5	)

Amounts related to postretirement plans not reclassified in their entirety out of accumulated other comprehensive income were as follows:


Year ended December 31 (millions)	2015			2014
Amortization of prior service cost*	$	(3.1	)	$	(.7	)
Amortization of actuarial losses*		189.7			148.3
Curtailment gain*		–			(.6	)
Total before tax		186.6			147.0
Income tax benefit		(8.5	)		(5.8	)
Net of tax	$	178.1		$	141.2

* These items are included in net periodic postretirement cost (see note 16).

Changes in Preferred Stock, Common Stock and Treasury Stock

The following table summarizes the changes in preferred stock, common stock and treasury stock during the three years ended December 31, 2015:


(millions)	Preferred Stock		Common Stock	Treasury Stock
Balance at December 31, 2012	2.6		44.3	.4
Common stock repurchases	–		–	.6
Stock-based compensation	–		.8	.1

Balance at December 31, 2013	2.6		45.1	1.1
Common stock repurchases	–		–	1.6
Stock-based compensation	–		.4	–
Preferred stock conversion	(2.6	)	6.9	–

Balance at December 31, 2014	–		52.4	2.7
Stock-based compensation	–		.2	–

Balance at December 31, 2015	–		52.6	2.7

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=27011957&loc=d3e177068-122764

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21553-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(d),(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6403732&loc=d3e21300-112643

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.28,29)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5

+ Details

Summary Of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies [Line Items]
Advertising costs incurred	$ 4.9	$ 8.0	$ 2.5
Maximum estimated revenue-producing lives of computer software products from the date of release	3 years
Defined Benefit Plan, Plan Assets at Fair Value, Valuation Inputs	Four
Intelligent Processing Solutions Ltd.
Summary Of Significant Accounting Policies [Line Items]
Percentage of Ownership interest	51.00%
Building \| Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	20 years
Building \| Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	50 years
Machinery and Office Equipment \| Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	4 years
Machinery and Office Equipment \| Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	7 years
Rental Equipment
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	4 years
Internal-Use Software \| Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	3 years
Internal-Use Software \| Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful lives	10 years

Computation of Earnings (Loss) Per Common Share Attributable to Unisys Corporation (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Basic earnings (loss) per common share computation
Net income (loss) attributable to Unisys Corporation common stockholders	$ (109.9)	$ 44.0	$ 92.3
Weighted average shares	49,905	49,280	43,899
Basic earnings (loss) per common share	$ (2.20)	$ 0.89	$ 2.10
Diluted earnings (loss) per common share computation
Net income (loss) attributable to Unisys Corporation for diluted earnings per share	$ (109.9)	$ 44.0	$ 92.3
Weighted average shares	49,905	49,280	43,899
Plus incremental shares from assumed conversions of employee stock plans		304	448
Adjusted weighted average shares	49,905	49,584	44,347
Diluted earnings (loss) per common share	$ (2.20)	$ 0.89	$ 2.08

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

Earnings Per Common Share - Additional Information (Detail) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities		1,171	6,913
Stock options and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	2,915	1,929	2,142

Cost Reduction Actions - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2017 USD ($)	Dec. 31, 2015 USD ($) Employee
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charge		$ 118.5
Work-force reduction charges		78.8
Asset impairments and other expenses related to the cost reduction effort		39.7
Asset impairment Charges		20.2
Other expenses related to the cost reduction effort		19.5
United States
Restructuring Cost and Reserve [Line Items]
Severance costs		$ 27.9
Number of employees \| Employee		700
Non-US
Restructuring Cost and Reserve [Line Items]
Severance costs		$ 50.9
Number of employees \| Employee		782
Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charge	$ 300.0
Cost of Revenue \| Services
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charge		$ 52.3
Cost of Revenue \| Technology
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charge		0.3
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charge		53.5
Research and development expenses
Restructuring Cost and Reserve [Line Items]
Estimated pretax restructuring charge		$ 12.4

Individual Components of Work Force Reduction and Idle Lease Cost (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015 USD ($) Employee
Restructuring Cost and Reserve [Line Items]
Headcount \| Employee	255
Charges for cost reductions	$ 78.8
Utilized	(45.3)
Translation adjustments	(0.5)
Balance at December 31, 2015	$ 33.0
2016
Restructuring Cost and Reserve [Line Items]
Headcount \| Employee	255
Expected future utilization	$ 33.0
Workforce Reductions \| United States
Restructuring Cost and Reserve [Line Items]
Charges for cost reductions	27.9
Utilized	(23.7)
Balance at December 31, 2015	4.2
Workforce Reductions \| Non-US
Restructuring Cost and Reserve [Line Items]
Charges for cost reductions	50.9
Utilized	(21.6)
Translation adjustments	(0.5)
Balance at December 31, 2015	28.8
Workforce Reductions \| 2016 \| United States
Restructuring Cost and Reserve [Line Items]
Expected future utilization	4.2
Workforce Reductions \| 2016 \| Non-US
Restructuring Cost and Reserve [Line Items]
Expected future utilization	$ 28.8
Charges for cost reductions
Restructuring Cost and Reserve [Line Items]
Headcount \| Employee	1,482
Amount Fully Utilized
Restructuring Cost and Reserve [Line Items]
Headcount \| Employee	(1,227)

Changes in Carrying Amount of Goodwill by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Balance at beginning of year	$ 183.9	$ 188.7
Translation adjustments	(6.5)	(4.8)
Balance at end of year	177.4	183.9
Services
Goodwill [Line Items]
Balance at beginning of year	75.2	80.0
Translation adjustments	(6.5)	(4.8)
Balance at end of year	68.7	75.2
Technology
Goodwill [Line Items]
Balance at beginning of year	108.7	108.7
Balance at end of year	$ 108.7	$ 108.7

Accounts Receivable - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenue recognized in excess of billings on services contracts or unbilled accounts receivable	$ 93.5	$ 100.1
Leases Receivable, 2016	34.3
Leases Receivable, 2017	32.8
Leases Receivable, 2018	32.4
Leases Receivable, 2019	14.4
Leases Receivable, 2020	3.7
Leases Receivable, thereafter	0.0
Unearned income deducted from accounts and notes receivable	10.9	11.8
Allowance for doubtful accounts	21.1	30.1
Provision expense (income) for doubtful accounts reported in selling, general and administrative expenses	$ 3.0	$ 2.7	$ (0.6)

Total Income Before Income Taxes and Provision for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income (loss) before income taxes
Income (loss) before income taxes, United States	$ (130.6)	$ (19.9)	$ 28.4
Income (loss) before income taxes, Foreign	71.8	165.4	191.0
Income (loss) before income taxes	(58.8)	145.5	219.4
Provision for income taxes, Current, United States	1.0	2.1	8.0
Provision for income taxes, Current, Foreign	42.2	59.4	63.0
Provision for income taxes, Current, State and local	0.3	1.0	(0.2)
Provision for income taxes, Current, Total	43.5	62.5	70.8
Provision for income taxes, Deferred , Foreign	0.9	23.7	28.5
Provision for income taxes	$ 44.4	$ 86.2	$ 99.3

Reconciliation of Provision for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Provision of Income Taxes [Line Items]
United States statutory income tax provision (benefit)	$ (20.6)	$ 50.9	$ 76.8
Income and losses for which no provision or benefit has been recognized	69.1	35.7	13.5
Foreign rate differential and other foreign tax expense	(15.9)	(22.0)	(23.0)
Income tax withholdings	12.5	17.1	15.4
Permanent items	(1.9)	1.1	4.0
Enacted rate changes	9.1		8.9
Change in uncertain tax positions	1.5	0.2	4.4
Change in valuation allowances due to changes in judgment	(5.4)	7.0	(0.5)
Income tax credits, U.S.	(4.0)	(3.9)
Other		0.1	(0.2)
Provision for income taxes	$ 44.4	$ 86.2	$ 99.3

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions			3 Months Ended		12 Months Ended
	Apr. 01, 2017	Apr. 01, 2015	Dec. 31, 2015	Sep. 30, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Tax Credit Carryforward [Line Items]
Rate change in the company's income tax provision					$ 9.1		$ 8.9
U.S. Federal tax loss carryforwards			$ 424.3		424.3
State and local tax loss carryforwards			194.8		194.8
Foreign tax loss carryforwards			235.4		235.4
Total tax loss carryforwards			854.5		854.5	$ 883.3
Tax credit carryforwards			349.9		349.9
Cumulative undistributed earnings of foreign subsidiaries			1,417.4		1,417.4
Cash paid, net of refunds					59.7	73.9	63.8
Penalties and interest accrued related to income tax liabilities			1.0		1.0	$ 1.6
Utilization of tax attributes, annual limitation			70.6		70.6
Utilization of tax attributes, cumulative limitation			265.7		265.7
2016
Tax Credit Carryforward [Line Items]
Tax loss carryforwards, set to expire			8.2		8.2
Tax credit carryforwards, set to expire			10.5		10.5
2017
Tax Credit Carryforward [Line Items]
Tax loss carryforwards, set to expire			10.9		10.9
Tax credit carryforwards, set to expire			48.1		48.1
2018
Tax Credit Carryforward [Line Items]
Tax loss carryforwards, set to expire			7.7		7.7
Tax credit carryforwards, set to expire			21.0		21.0
2019
Tax Credit Carryforward [Line Items]
Tax loss carryforwards, set to expire			7.8		7.8
Tax credit carryforwards, set to expire			19.7		19.7
2020
Tax Credit Carryforward [Line Items]
Tax loss carryforwards, set to expire			17.4		17.4
Tax credit carryforwards, set to expire			35.5		35.5
Thereafter
Tax Credit Carryforward [Line Items]
Tax loss carryforwards, set to expire			802.5		802.5
Tax credit carryforwards, set to expire			$ 215.1		215.1
United Kingdom
Tax Credit Carryforward [Line Items]
Rate change in the company's income tax provision					$ 9.1		$ 11.4
Corporate tax rate		20.00%	20.00%	18.00%
Tax audit for the years					2010
India
Tax Credit Carryforward [Line Items]
Tax audit for the years					2006
Brazil
Tax Credit Carryforward [Line Items]
Tax audit for the years					2010
Scenario, Forecast \| United Kingdom
Tax Credit Carryforward [Line Items]
Corporate tax rate	21.00%
Minimum
Tax Credit Carryforward [Line Items]
Expected change in ownership percentage					50.00%

Significant Portions of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets
Tax loss carryforwards	$ 854.5	$ 883.3
Postretirement benefits	695.7	791.3
Foreign tax credit carryforwards	263.2	245.5
Other tax credit carryforwards	86.7	88.0
Deferred revenue	65.7	60.5
Employee benefits and compensation	49.9	44.6
Purchased capitalized software	39.5	39.3
Depreciation	36.8	34.9
Warranty, bad debts and other reserves	14.1	12.8
Capitalized costs	13.0	16.3
Capitalized research and development	3.2	36.0
Other	39.7	29.5
Deferred Tax Assets, Gross, Total	2,162.0	2,282.0
Valuation allowance	(2,024.9)	(2,107.8)
Total deferred tax assets	137.1	174.2
Other	22.7	37.9
Total deferred tax liabilities	22.7	37.9
Net deferred tax assets	$ 114.4	$ 136.3

Reconciliation Of Changes in Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Contingency [Line Items]
Balance at January 1	$ 35.0	$ 26.3	$ 29.2
Additions based on tax positions related to the current year	3.4	14.4	(2.4)
Changes for tax positions of prior years	(4.0)	(1.4)	(0.1)
Reductions as a result of a lapse of applicable statute of limitations	(3.4)	(1.6)
Settlements	(0.9)	(0.9)	(0.2)
Changes due to foreign currency	(2.4)	(1.8)	(0.2)
Balance at December 31	$ 27.7	$ 35.0	$ 26.3

Components Of Properties (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Total properties	$ 876.6	$ 1,059.4
Land
Property, Plant and Equipment [Line Items]
Total properties	2.8	2.8
Building
Property, Plant and Equipment [Line Items]
Total properties	93.1	80.1
Machinery and Office Equipment
Property, Plant and Equipment [Line Items]
Total properties	586.8	644.9
Internal-Use Software
Property, Plant and Equipment [Line Items]
Total properties	144.5	257.7
Rental Equipment
Property, Plant and Equipment [Line Items]
Total properties	$ 49.4	$ 73.9

Components Of Long-Term Debt (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Capital leases	$ 12.5	$ 14.0
Other debt	24.0
Total	246.5	224.0
Less - current maturities	11.0	1.8
Total long-term debt	235.5	222.2
Total	246.5	224.0
6.25% Senior Notes Due August 15, 2017
Debt Instrument [Line Items]
Senior notes	$ 210.0	$ 210.0

Components Of Long-Term Debt (Parenthetical) (Detail) - 6.25% Senior Notes Due August 15, 2017	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Senior notes, maturity year	Aug. 15, 2017	Aug. 15, 2017
Interest rate of the debt instruments	6.25%	6.25%

Debt - Additional Information (Detail) - USD ($)	12 Months Ended
Debt - Additional Information (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Long-term debt, due in 2016	$ 11,000,000
Long-term debt, due in 2017	220,600,000
Long-term debt, due in 2018	10,300,000
Long-term debt, due in 2019	1,300,000
Long-term debt, due in 2020	1,300,000
Long-term debt, thereafter	2,000,000
Capital leases, due in 2016	2,600,000
Capital leases, due in 2017	2,800,000
Capital leases, due in 2018	2,500,000
Capital leases, due in 2019	1,300,000
Capital leases, due in 2020	1,300,000
Capital leases, thereafter	2,000,000
Cash paid for interest	14,400,000	$ 13,200,000	$ 12,900,000
Capitalized interest expense	3,100,000	$ 4,000,000	$ 3,200,000
Maximum borrowing capacity under the credit agreement	150,000,000
Letters of credit outstanding	11,400,000
Availability under the facility	54,700,000
Aggregate other debt default amount to violate covenant, minimum	$ 50,000,000
Covenant conditions of the credit facility	The company is required to maintain a minimum fixed charge coverage ratio if the availability under the credit facility falls below the greater of 12.5% of the lenders’ commitments under the facility and $18.75 million. The credit agreement allows the company to pay dividends on its capital stock in an amount up to $22.5 million per year unless the company is in default and to, among other things, repurchase its equity, prepay other debt, incur other debt or liens, dispose of assets and make acquisitions, loans and investments, provided the company complies with certain requirements and limitations set forth in the agreement.
Credit Facility, interest rate	2.20%
Maximum
Debt Instrument [Line Items]
Availability under the facility	$ 18,750,000
Percentage of lenders' commitments under facility	12.50%
Dividends on capital stock	$ 22,500,000
Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity under the credit agreement	100,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowings outstanding	$ 65,000,000

Other Accrued Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Schedule of Accrued Liabilities [Line Items]
Payrolls and commissions	$ 102.7	$ 109.3
Accrued vacations	51.1	60.8
Cost reduction	33.0
Taxes other than income taxes	32.7	53.8
Income taxes	32.0	58.3
Postretirement	20.7	22.6
Accrued interest	4.9	4.9
Other	62.2	75.4
Total other accrued liabilities	$ 339.3	$ 385.1

Rental Expense and Commitments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Commitment And Contingencies [Line Items]
Net rental expense	$ 80.6	$ 83.7	$ 85.3
Income from subleases	9.1	$ 8.5	$ 7.4
Minimum net rental commitments under noncancelable operating leases in 2016	56.9
Minimum net rental commitments under noncancelable operating leases in 2017	50.2
Minimum net rental commitments under noncancelable operating leases in 2018	37.5
Minimum net rental commitments under noncancelable operating leases in 2019	30.8
Minimum net rental commitments under noncancelable operating leases in 2020	23.2
Minimum net rental commitments under noncancelable operating leases, thereafter	33.6
Future minimum sublease rentals	22.0
Standby letters of credit and surety bonds outstanding	255.0
Deposits and collateralized assets	$ 44.0

Financial Instruments and Concentration of Credit Risks - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Counterparty Credit Concentration Risk [Line Items]
Maturity period limit of foreign currency exchange instruments (in months)	3 months
Net fair value gain (loss) on foreign exchange forward contracts	$ (4.4)	$ 5.3
Receivables due from U.S. federal governmental agencies	99.0	94.0
Difference between carrying amount and fair value of long-term debt	3.0	9.0
Other income (expense), net
Counterparty Credit Concentration Risk [Line Items]
Gain (loss) on foreign exchange forward contracts	15.6	17.3	$ (7.3)
Prepaid Expenses and Other Current Assets
Counterparty Credit Concentration Risk [Line Items]
Net fair value gain (loss) on foreign exchange forward contracts	2.2	6.1
Other Accrued Liabilities
Counterparty Credit Concentration Risk [Line Items]
Net fair value gain (loss) on foreign exchange forward contracts	(6.6)	(0.8)
Foreign Exchange Contract
Counterparty Credit Concentration Risk [Line Items]
Notional amount of foreign exchange forward contracts not designated as hedging instruments	$ 940.1	$ 403.9

Foreign Currency Translation - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Foreign Currency Translation [Line Items]
Foreign exchange losses	$ 8.4	$ 7.4	$ 6.5
Gain (loss) recognized on foreign exchange	$ 8.1	$ (7.0)	$ 10.4

Litigation and Contingencies - Additional Information (Detail) € in Millions, $ in Millions	1 Months Ended
	Aug. 31, 2012 USD ($)	Apr. 30, 2007 EUR (€)	Dec. 31, 2015 USD ($)	Apr. 30, 2008 EUR (€)
Loss Contingencies [Line Items]
Unreserved tax-related matters, inclusive of interest \| $			$ 95
Ministry Of Justice Of Belgium
Loss Contingencies [Line Items]
Loss contingency, damages sought value \| €		€ 28.0
Counterclaim against termination of contract \| €				€ 18.5
Health Information Management (HIM)
Loss Contingencies [Line Items]
Loss contingency, damages sought value \| $	$ 35

Segment Information - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015 USD ($) Segment Customer	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)
Segment Reporting Information [Line Items]
Number of operating business segments \| Segment	2
Operating profit (loss)	$ (55.1)	$ 154.9	$ 219.5
Number of Customers Accounted for more than 10% of revenue \| Customer	0
Revenues	$ 3,015.1	3,356.4	3,456.5
Various Agencies Of U.S. Government
Segment Reporting Information [Line Items]
Revenues	569.0	529.0	512.0
Other Technology \| Segment Reconciling Items
Segment Reporting Information [Line Items]
Operating profit (loss)	$ 9.2	$ 17.0	$ 6.0

Customer Revenue by Classes of Similar Products or Services (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue from External Customer [Line Items]
Revenues	$ 3,015.1	$ 3,356.4	$ 3,456.5
Services
Revenue from External Customer [Line Items]
Revenues	2,605.6	2,785.7	2,850.0
Technology
Revenue from External Customer [Line Items]
Revenues	409.5	570.7	606.5
Cloud & Infrastructure Services \| Services
Revenue from External Customer [Line Items]
Revenues	1,513.1	1,704.9	1,772.4
Application Services \| Services
Revenue from External Customer [Line Items]
Revenues	868.9	819.8	824.7
Business Processing Outsourcing Services \| Services
Revenue from External Customer [Line Items]
Revenues	$ 223.6	$ 261.0	$ 252.9

Reconciliation of Segment Operating Income to Consolidated Income (Loss) Before Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating profit (loss)	$ (55.1)	$ 154.9	$ 219.5
Interest expense	(11.9)	(9.2)	(9.9)
Other income (expense), net	8.2	(0.2)	9.8
Cost reduction charges	(118.5)
Income (loss) before income taxes	(58.8)	145.5	219.4
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating profit (loss)	174.9	233.6	307.5
Corporate and eliminations
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating profit (loss)	$ (111.5)	$ (78.7)	$ (88.0)

Reconciliation of Total Business Segment Assets to Consolidated Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	$ 365.2	$ 494.3	$ 639.8	$ 655.6
Deferred income taxes	137.1	174.2
Prepaid postretirement assets	45.1	19.9	83.7
Other corporate assets	108.3	129.7	119.6
Assets	2,143.2	2,348.7	2,510.0
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Deferred income taxes	138.6	171.0	136.4
Assets	$ 1,486.0	$ 1,533.8	$ 1,530.5

Summary of Operations by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Revenue	$ 3,015.1	$ 3,356.4	$ 3,456.5
Operating income	(55.1)	154.9	219.5
Depreciation and amortization	180.1	168.6	159.6
Total assets	2,143.2	2,348.7	2,510.0
Capital expenditures	213.7	212.8	151.4
Operating Segments
Segment Reporting Information [Line Items]
Revenue	3,015.1	3,356.4	3,456.5
Operating income	174.9	233.6	307.5
Total assets	1,486.0	1,533.8	1,530.5
Corporate
Segment Reporting Information [Line Items]
Operating income	(230.0)	(78.7)	(88.0)
Total assets	657.2	814.9	979.5
Capital expenditures	1.9	4.9	2.9
Corporate \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	(49.0)	(58.4)	(37.2)
Corporate \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	(49.0)	(58.4)	(37.2)
Services
Segment Reporting Information [Line Items]
Revenue	2,605.6	2,785.7	2,850.0
Operating income	61.2	96.0	138.2
Depreciation and amortization	104.8	103.2	91.8
Total assets	1,081.7	1,099.2	1,126.7
Capital expenditures	143.3	133.8	78.8
Services \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	0.1	0.3	1.7
Services \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	2,605.7	2,786.0	2,851.7
Technology
Segment Reporting Information [Line Items]
Revenue	409.5	570.7	606.5
Operating income	113.7	137.6	169.3
Depreciation and amortization	75.3	65.4	67.8
Total assets	404.3	434.6	403.8
Capital expenditures	68.5	74.1	69.7
Technology \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	48.9	58.1	35.5
Technology \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	$ 458.4	$ 628.8	$ 642.0

Revenue, Properties and Outsourcing Assets by Geographic Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 3,015.1	$ 3,356.4	$ 3,456.5
Properties, net	153.8	168.7	174.7
Outsourcing assets, net	182.0	150.9	115.5
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	1,454.9	1,378.1	1,370.6
Properties, net	96.9	111.9	112.4
Outsourcing assets, net	119.4	99.7	56.2
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	375.8	435.4	414.0
Properties, net	18.8	22.0	24.7
Outsourcing assets, net	36.6	25.8	28.1
Other International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	1,184.4	1,542.9	1,671.9
Properties, net	38.1	34.8	37.6
Outsourcing assets, net	$ 26.0	$ 25.4	$ 31.2

Employee Plans - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of unissued common stock available for grant under the plans	2,300,000
Age requirement for vesting provision, minimum	55 years
Completion of service period (in years) for stock awards	5 years
Maximum contractual term of options granted (in years)	7 years	5 years
Option vesting period (in years)	3 years
Share-based compensation expense	$ 9.4	$ 10.4	$ 12.5
Proceeds from exercise of stock options	3.7	3.4	4.9
Deferred compensation Liability	12.6	12.1
Recognized net actuarial loss	(196.3)
Amortization of prior service (credit)	(4.3)
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	4.7	7.1	9.3
Total intrinsic value of options exercised	0.6	4.7	7.9
Total unrecognized compensation cost	$ 4.0
Unrecognized compensation cost, Weighted-average recognition period	1 year 10 months 24 days
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 4.7	3.3	3.2
Total unrecognized compensation cost	$ 4.9
Unrecognized compensation cost, Weighted-average recognition period	2 years 1 month 6 days
Aggregate weighted-average grant-date fair value of units granted	$ 10.2	12.8	5.3
Aggregate weighted-average grant-date fair value of units vested	$ 2.1	3.3	4.5
Performance-Based Unit \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares which will vest after achievement of goals	0
Performance-Based Unit \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares which will vest after achievement of goals	2.0
Other Postretirement Benefit Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected pretax amortization of net loss in 2016	$ (1.1)
Expected pretax amortization of prior service cost in 2016	0.1
Recognized net actuarial loss	(1.8)	(1.7)	(4.5)
Amortization of prior service (credit)	1.1	1.7	1.8
Estimated cash contributions by the company in 2016	$ 15.0
Pension Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Matching contribution by the company as percentage of participants' contribution	50.00%
Percentage of eligible pay contributed by participants that will be matched	6.00%
Cost recognized for contribution plans	$ 9.9	10.6	11.8
Expected pretax amortization of net loss in 2016	(155.7)
Expected pretax amortization of prior service cost in 2016	(5.7)
Estimated cash contributions by the company in 2016	139.3
International Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost recognized for contribution plans	21.4	25.2	26.7
Recognized net actuarial loss	(63.6)	(40.2)	(51.9)
Amortization of prior service (credit)	(1.9)	(2.1)	(2.1)
Estimated cash contributions by the company in 2016	86.8
U.S. Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized net actuarial loss	(132.7)	(109.7)	(139.0)
Amortization of prior service (credit)	(2.4)	$ (0.4)	$ 0.7
Estimated cash contributions by the company in 2016	$ 52.5

Fair Value Assumptions on Stock Option (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share based Compensation Arrangement by Share based Payment Award, Fair Value Assumptions, Method Used [Line Items]
Weighted-average fair value of grant	$ 8.92	$ 11.24	$ 8.79
Risk-free interest rate	1.28%	1.04%	0.54%
Expected volatility	45.46%	45.65%	50.19%
Expected life of options in years	4 years 11 months 1 day	3 years 8 months 16 days	3 years 8 months 9 days
Expected dividend yield	0.00%	0.00%	0.00%

Summary of Stock Option Activity (Detail) - Employee Stock Option $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2015 USD ($) $ / shares shares
Shares
Outstanding at December 31, 2014 \| shares	2,816
Granted \| shares	743
Exercised \| shares	(190)
Forfeited and expired \| shares	(646)
Outstanding at December 31, 2015 \| shares	2,723
Expected to vest at December 31, 2015 \| shares	1,281
Exercisable at December 31, 2015 \| shares	1,398
Weighted-Average Exercise Price
Outstanding at December 31, 2014 \| $ / shares	$ 29.51
Granted \| $ / shares	23.21
Exercised \| $ / shares	19.53
Forfeited and expired \| $ / shares	32.10
Outstanding at December 31, 2015 \| $ / shares	27.88
Expected to vest at December 31, 2015 \| $ / shares	26.23
Exercisable at December 31, 2015 \| $ / shares	$ 29.51
Weighted-Average Remaining Contractual Term (years)
Outstanding at December 31, 2015	2 years 9 months
Expected to vest at December 31, 2015	4 years 2 months 5 days
Exercisable at December 31, 2015	1 year 4 months 10 days
Aggregate Intrinsic Value
Outstanding at December 31, 2015 \| $	$ 0.0
Expected to vest at December 31, 2015 \| $	0.0
Exercisable at December 31, 2015 \| $	$ 0.0

Summary of Restricted Stock Unit Activity (Detail) - Restricted Stock Units shares in Thousands	12 Months Ended
	Dec. 31, 2015 $ / shares shares
Restricted Stock Units
Outstanding at December 31, 2014 \| shares	354
Granted \| shares	452
Vested \| shares	(87)
Forfeited and expired \| shares	(250)
Outstanding at December 31, 2015 \| shares	469
Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2014 \| $ / shares	$ 28.81
Granted \| $ / shares	22.52
Vested \| $ / shares	23.85
Forfeited and expired \| $ / shares	29.01
Outstanding at December 31, 2015 \| $ / shares	$ 23.57

Funded Status of the Plan and Amounts Recognized in Consolidated Balance Sheet (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Amounts recognized in the consolidated balance sheets consist of:
Prepaid postretirement assets	$ 45.1	$ 19.9	$ 83.7
Other accrued liabilities	(20.7)	(22.6)
Long-term postretirement liabilities	(2,111.3)	(2,369.9)
U.S. Plans
Change in accumulated benefit obligation
Benefit obligation at beginning of year	5,665.5	5,158.8
Interest cost	224.1	248.3	220.4
Plan amendment	(2.7)	(46.3)
Actuarial gain	(285.0)	670.0
Benefits paid	(370.5)	(365.3)
Benefit obligation at end of year	5,231.4	5,665.5	5,158.8
Change in plan assets
Fair value of plan assets at beginning of year	4,069.7	4,048.0
Actual return on plan assets	(5.6)	299.9
Employer contribution	65.8	87.1
Benefits paid	(370.5)	(365.3)
Fair value of plan assets at end of year	3,759.4	4,069.7	4,048.0
Funded status at end of year	(1,472.0)	(1,595.8)
Amounts recognized in the consolidated balance sheets consist of:
Other accrued liabilities	(6.8)	(6.9)
Long-term postretirement liabilities	(1,465.2)	(1,588.9)
Total funded status	(1,472.0)	(1,595.8)
Accumulated other comprehensive loss, net of tax
Net loss	2,816.2	2,973.5
Prior service (credit) cost	(44.9)	(44.5)
Accumulated benefit obligation	5,231.4	5,665.5
International Plans
Change in accumulated benefit obligation
Benefit obligation at beginning of year	3,354.9	3,059.2
Service cost	8.7	8.4	10.4
Interest cost	94.1	117.9	106.6
Plan participants' contributions	2.5	3.1
Plan amendment	(32.3)	(1.0)
Plan curtailment		(0.3)
Actuarial gain	(79.5)	559.4
Benefits paid	(112.8)	(115.4)
Foreign currency translation adjustments	(247.8)	(276.4)
Benefit obligation at end of year	2,987.8	3,354.9	3,059.2
Change in plan assets
Fair value of plan assets at beginning of year	2,718.9	2,681.8
Actual return on plan assets	18.6	278.0
Employer contribution	82.5	96.3
Plan participants' contributions	2.5	3.1
Benefits paid	(112.8)	(115.4)
Foreign currency translation adjustments	(212.9)	(224.9)
Fair value of plan assets at end of year	2,496.8	2,718.9	2,681.8
Funded status at end of year	(491.0)	(636.0)
Amounts recognized in the consolidated balance sheets consist of:
Prepaid postretirement assets	43.8	18.9
Other accrued liabilities	(0.2)	(0.2)
Long-term postretirement liabilities	(534.6)	(654.7)
Total funded status	(491.0)	(636.0)
Accumulated other comprehensive loss, net of tax
Net loss	1,018.6	1,076.1
Prior service (credit) cost	(35.8)	(12.8)
Accumulated benefit obligation	2,983.1	3,349.3
Other Postretirement Benefit Plans
Change in accumulated benefit obligation
Benefit obligation at beginning of year	150.0	159.7
Service cost	0.6	0.6	0.6
Interest cost	6.9	7.6	7.9
Plan participants' contributions	4.2	4.6
Actuarial gain	(8.0)	(2.4)
Federal drug subsidy	1.5	1.4
Benefits paid	(21.4)	(20.0)
Foreign currency translation adjustments	(2.3)	(1.5)
Benefit obligation at end of year	131.5	150.0	159.7
Change in plan assets
Fair value of plan assets at beginning of year	9.1	9.2
Actual return on plan assets	(0.1)
Employer contribution	15.9	15.3
Plan participants' contributions	4.2	4.6
Benefits paid	(21.4)	(20.0)
Fair value of plan assets at end of year	7.7	9.1	$ 9.2
Funded status at end of year	(123.8)	(140.9)
Amounts recognized in the consolidated balance sheets consist of:
Prepaid postretirement assets	1.3	1.0
Other accrued liabilities	(13.7)	(15.6)
Long-term postretirement liabilities	(111.4)	(126.3)
Total funded status	(123.8)	(140.9)
Accumulated other comprehensive loss, net of tax
Net loss	21.3	32.0
Prior service (credit) cost	$ 0.1	$ 1.2

Schedule of Accumulated and Projected Benefit Obligation in Excess of Plan Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Schedule of Pension Plans with Accumulated and Projected Benefit Obligations in Excess of Plan Assets [Line Items]
Accumulated benefit obligation	$ 7,231.2	$ 8,412.6
Fair value of plan assets	5,228.6	6,167.2
Projected benefit obligation	7,235.4	8,417.9
Fair value of plan assets	$ 5,228.6	$ 6,167.2

Components of Net Periodic Benefit Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service (credit)	$ (4.3)
Recognized net actuarial loss	196.3
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost	224.1	$ 248.3	$ 220.4
Expected return on assets	(254.8)	(287.1)	(291.5)
Amortization of prior service (credit)	(2.4)	(0.4)	0.7
Recognized net actuarial loss	132.7	109.7	139.0
Net periodic benefit cost	99.6	70.5	68.6
International Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	8.7	8.4	10.4
Interest cost	94.1	117.9	106.6
Expected return on assets	(155.4)	(160.5)	(141.9)
Amortization of prior service (credit)	(1.9)	(2.1)	(2.1)
Recognized net actuarial loss	63.6	40.2	51.9
Curtailment gain		(0.6)
Net periodic benefit cost	9.1	3.3	24.9
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.6	0.6	0.6
Interest cost	6.9	7.6	7.9
Expected return on assets	(0.4)	(0.5)	(0.5)
Amortization of prior service (credit)	1.1	1.7	1.8
Recognized net actuarial loss	1.8	1.7	4.5
Net periodic benefit cost	$ 10.0	$ 11.1	$ 14.3

Schedule of Weighted-Average Assumptions (Detail)	12 Months Ended
Schedule of Weighted-Average Assumptions (Detail)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
U.S. Plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate, net periodic benefit cost	4.09%	5.02%	4.01%
Expected long-term rate of return on assets, net periodic benefit cost	6.80%	7.72%	8.00%
Discount rate, benefit obligations	4.56%	4.09%	5.02%
International Plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate, net periodic benefit cost	3.05%	4.15%	3.92%
Rate of compensation increase, net periodic benefit cost	1.68%	2.08%	2.06%
Expected long-term rate of return on assets, net periodic benefit cost	6.45%	6.45%	6.40%
Discount rate, benefit obligations	3.30%	3.05%	4.15%
Rate of compensation increase, benefit obligations	1.68%	1.68%	2.08%
Other Postretirement Benefit Plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate, net periodic benefit cost	5.27%	5.86%	5.15%
Expected long-term rate of return on assets, net periodic benefit cost	5.50%	6.75%	6.75%
Discount rate, benefit obligations	5.61%	5.27%	5.86%

Company's Investment Policy Targets and Ranges for Each Asset Category (Detail)	12 Months Ended
	Dec. 31, 2015
U.S. Plans \| Equity Securities
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	58.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	52.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	64.00%
U.S. Plans \| Debt Securities
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	36.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	33.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	39.00%
U.S. Plans \| Real Estate
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	6.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	3.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	9.00%
U.S. Plans \| Cash
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	0.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	0.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	5.00%
U.S. Plans \| Other
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	0.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	0.00%
International Plans \| Equity Securities
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	39.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	33.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	45.00%
International Plans \| Debt Securities
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	54.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	47.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	61.00%
International Plans \| Real Estate
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	1.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	0.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	3.00%
International Plans \| Cash
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	1.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	0.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	5.00%
International Plans \| Other
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	5.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	0.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	10.00%

Expected Future Benefit Payments (Detail) $ in Millions	Dec. 31, 2015 USD ($)
U.S. Plans
Schedule of Pension Expected Future Benefit Payments [Line Items]
Expected future benefit payments, 2016	$ 361.8
Expected future benefit payments, 2017	362.6
Expected future benefit payments, 2018	362.9
Expected future benefit payments, 2019	363.5
Expected future benefit payments, 2020	364.5
Expected future benefit payments, 2021 - 2025	1,814.7
International Plans
Schedule of Pension Expected Future Benefit Payments [Line Items]
Expected future benefit payments, 2016	104.6
Expected future benefit payments, 2017	105.6
Expected future benefit payments, 2018	107.1
Expected future benefit payments, 2019	109.3
Expected future benefit payments, 2020	110.8
Expected future benefit payments, 2021 - 2025	573.9
Other Postretirement Benefit Plans
Schedule of Pension Expected Future Benefit Payments [Line Items]
Expected future benefit payments, 2016	15.9
Expected future benefit payments, 2017	15.4
Expected future benefit payments, 2018	14.7
Expected future benefit payments, 2019	14.0
Expected future benefit payments, 2020	13.1
Expected future benefit payments, 2021 - 2025	46.2
Gross Medicare Part D Receipts, 2016	1.1
Gross Medicare Part D Receipts, 2017	1.0
Gross Medicare Part D Receipts, 2018	0.9
Gross Medicare Part D Receipts, 2019	0.8
Gross Medicare Part D Receipts, 2020	0.7
Gross Medicare Part D Receipts, 2021 - 2025	$ 2.0

Assumed Health Care Cost Trend Rates (Detail)	12 Months Ended
Assumed Health Care Cost Trend Rates (Detail)	Dec. 31, 2015	Dec. 31, 2014
Schedule of Other Postretirement Benefits Expected Benefit Payments[Line Items]
Health care cost trend rate assumed for next year	6.10%	6.40%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	4.80%	4.80%
Year that the rate reaches the ultimate trend rate	2023	2023

Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015 USD ($)
Assumed Health Care Cost Trend Rates, Effect of One Percentage Point Change [Line Items]
Effect on service and interest cost, 1-Percentage-Point Increase	$ 0.1
Effect on postretirement benefit obligation, 1-Percentage-Point Increase	3.4
Effect on service and interest cost, 1-Percentage-Point Decrease	(0.2)
Effect on postretirement benefit obligation, 1-Percentage-Point Decrease	$ (3.5)

Summary of Changes in Fair Value of Plans' Level 3 Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
U.S. Plans
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	$ 4,069.7	$ 4,048.0
Fair value of plan assets at end of year	3,759.4	4,069.7
Other Postretirement Benefit Plans
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	9.1	9.2
Fair value of plan assets at end of year	7.7	9.1
International Plans
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	2,718.9	2,681.8
Fair value of plan assets at end of year	2,496.8	2,718.9
Fair Value, Inputs, Level 3 \| U.S. Plans
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	64.4	130.7
Realized gains (losses)	(8.5)	(19.6)
Purchases or acquisitions	0.2
Sales or dispositions	(23.3)	(74.6)
Currency and unrealized gains (losses) relating to instruments still held at end of year	12.4	27.9
Fair value of plan assets at end of year	45.2	64.4
Fair Value, Inputs, Level 3 \| U.S. Plans \| Real Estate
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	34.2	34.7
Realized gains (losses)	0.1	4.7
Sales or dispositions	(0.1)	(4.9)
Currency and unrealized gains (losses) relating to instruments still held at end of year	3.4	(0.3)
Fair value of plan assets at end of year	37.6	34.2
Fair Value, Inputs, Level 3 \| U.S. Plans \| Private Equity
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	12.8	16.5
Realized gains (losses)	(8.2)	(24.4)
Purchases or acquisitions	0.2
Sales or dispositions	(6.6)	(6.7)
Currency and unrealized gains (losses) relating to instruments still held at end of year	9.4	27.4
Fair value of plan assets at end of year	7.6	12.8
Fair Value, Inputs, Level 3 \| U.S. Plans \| Insurance Contracts
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	17.4	79.5
Realized gains (losses)	(0.4)	0.1
Sales or dispositions	(16.6)	(63.0)
Currency and unrealized gains (losses) relating to instruments still held at end of year	(0.4)	0.8
Fair value of plan assets at end of year		17.4
Fair Value, Inputs, Level 3 \| Other Postretirement Benefit Plans \| Insurance Contracts
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	7.3	7.5
Realized gains (losses)	(0.1)
Purchases or acquisitions	0.5	0.2
Sales or dispositions		(0.4)
Fair value of plan assets at end of year	7.7	7.3
Fair Value, Inputs, Level 3 \| International Plans
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	227.0	244.3
Realized gains (losses)	0.2	(0.1)
Purchases or acquisitions	38.5	23.3
Sales or dispositions	(17.2)	(28.8)
Currency and unrealized gains (losses) relating to instruments still held at end of year	(15.8)	(11.7)
Fair value of plan assets at end of year	232.7	227.0
Fair Value, Inputs, Level 3 \| International Plans \| Real Estate
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	40.8	42.8
Realized gains (losses)	0.2	(0.2)
Purchases or acquisitions	6.1	15.3
Sales or dispositions	(5.9)	(15.5)
Currency and unrealized gains (losses) relating to instruments still held at end of year	0.6	(1.6)
Fair value of plan assets at end of year	41.8	40.8
Fair Value, Inputs, Level 3 \| International Plans \| Commingled Funds
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	50.7	50.2
Realized gains (losses)		0.1
Purchases or acquisitions	23.0	1.0
Sales or dispositions	(0.4)	(0.3)
Currency and unrealized gains (losses) relating to instruments still held at end of year	(3.0)	(0.3)
Fair value of plan assets at end of year	70.3	50.7
Fair Value, Inputs, Level 3 \| International Plans \| Insurance Contracts
Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Fair value of plan assets at beginning of year	135.5	151.3
Purchases or acquisitions	9.4	7.0
Sales or dispositions	(10.9)	(13.0)
Currency and unrealized gains (losses) relating to instruments still held at end of year	(13.4)	(9.8)
Fair value of plan assets at end of year	$ 120.6	$ 135.5

Stockholder's Equity - Additional Information (Detail) - $ / shares		12 Months Ended
	Mar. 01, 2014	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Stockholders Equity [Line Items]
Common stock, shares authorized		100,000,000	100,000,000
Common stock, par value		$ 0.01	$ 0.01
Preferred stock, shares authorized		40,000,000
Preferred stock, par value		$ 1
Unissued common stock reserved for stock - based incentive plans and convertible preferred stock issuance		6,000,000
Sale of preferred stock	2,587,400
Convertible preferred stock dividend, rate	6.25%
Conversion rate of preferred stock	6,912,756
Convertible preferred stock, conversion date		Mar. 03, 2014

Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (4,113.4)	$ (3,333.4)	$ (4,133.6)
Other comprehensive income before reclassifications	346.2	(638.8)	985.1
Amounts reclassified from accumulated other comprehensive income	(178.1)	(141.2)	(184.9)
Current period other comprehensive income	168.1	(780.0)	800.2
Ending balance	(3,945.3)	(4,113.4)	(3,333.4)
Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(737.8)	(676.8)	(634.3)
Other comprehensive income before reclassifications	(96.0)	(61.0)	(42.5)
Current period other comprehensive income	(96.0)	(61.0)	(42.5)
Ending balance	(833.8)	(737.8)	(676.8)
Postretirement Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(3,375.6)	(2,656.6)	(3,499.3)
Other comprehensive income before reclassifications	442.2	(577.8)	1,027.6
Amounts reclassified from accumulated other comprehensive income	(178.1)	(141.2)	(184.9)
Current period other comprehensive income	264.1	(719.0)	842.7
Ending balance	$ (3,111.5)	$ (3,375.6)	$ (2,656.6)

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References + Details

Amounts Related to Postretirement Plans Not Reclassified in Entirely out of Accumulated Other Comprehensive Income (Detail) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Amortization of prior service cost

^[1]

$ (3.1)

$ (0.7)

Amortization of actuarial losses

^[1]

189.7

148.3

Curtailment gain

^[1]

(0.6)

Total before tax

186.6

147.0

Income tax benefit

(8.5)

(5.8)

Net of tax

$ 178.1

$ 141.2

[1]	These items are included in net periodic postretirement cost (see note 16).

Changes in Preferred Stock, Common Stock and Treasury Stock (Detail) - shares shares in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Preferred Stock
Stock Option Activity And Changes [Line Items]
Beginning Balance		2.6	2.6
Preferred stock conversion		(2.6)
Ending Balance			2.6
Common Stock
Stock Option Activity And Changes [Line Items]
Beginning Balance	52.4	45.1	44.3
Stock-based compensation	0.2	0.4	0.8
Preferred stock conversion		6.9
Ending Balance	52.6	52.4	45.1
Treasury Stock
Stock Option Activity And Changes [Line Items]
Beginning Balance	2.7	1.1	0.4
Common stock repurchases		1.6	0.6
Stock-based compensation			0.1
Ending Balance	2.7	2.7	1.1

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Postretirement adjustments, tax	$ 18.1	$ (42.5)	$ 14.6

Schedule of Plans' Assets (Liabilities) at Fair Value (Detail) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Other Postretirement Benefit Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		$ 9.1
Other Postretirement Benefit Plans \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	$ 7.7	7.3
Other Postretirement Benefit Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.8
U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	3,759.4	4,069.7
U.S. Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,686.4	1,837.4
U.S. Plans \| Equity Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	411.9	461.6
U.S. Plans \| Debt Securities \| US And UK Government Securities
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		176.9
U.S. Plans \| Debt Securities \| Other Fixed Income
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	974.7	1,025.3
U.S. Plans \| Debt Securities \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		17.4
U.S. Plans \| Debt Securities \| U S Government Securities
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	162.2
U.S. Plans \| Real Estate
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	37.6	34.2
U.S. Plans \| Real Estate \| Real Estate Investments Trust
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	170.7	169.1
U.S. Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	105.3	102.1
U.S. Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.8	18.2
U.S. Plans \| Other \| Private Equity
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.6	12.8
U.S. Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	263.1	297.2
U.S. Plans \| Cash
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1.9	(1.3)
U.S. Plans \| Receivables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	77.1	77.4
U.S. Plans \| Payables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	(139.9)	(158.6)
International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	2,496.8	2,718.9
International Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.6	1.6
International Plans \| Equity Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	956.1	1,054.8
International Plans \| Debt Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	905.4	991.1
International Plans \| Debt Securities \| Other Fixed Income
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	248.5	330.4
International Plans \| Debt Securities \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	120.6	135.5
International Plans \| Real Estate
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	41.8	40.8
International Plans \| Real Estate \| Real Estate Investments Trust
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.7	1.3
International Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	188.7	136.5
International Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.0	7.2
International Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.2
International Plans \| Cash
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	27.4	18.6
International Plans \| Payables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		(0.1)
Fair Value, Inputs, Level 1 \| U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,952.9	2,101.0
Fair Value, Inputs, Level 1 \| U.S. Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,680.6	1,831.6
Fair Value, Inputs, Level 1 \| U.S. Plans \| Debt Securities \| US And UK Government Securities
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		176.9
Fair Value, Inputs, Level 1 \| U.S. Plans \| Debt Securities \| U S Government Securities
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	162.2
Fair Value, Inputs, Level 1 \| U.S. Plans \| Real Estate \| Real Estate Investments Trust
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	170.7	169.1
Fair Value, Inputs, Level 1 \| U.S. Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.3	5.9
Fair Value, Inputs, Level 1 \| U.S. Plans \| Cash
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1.9	(1.3)
Fair Value, Inputs, Level 1 \| U.S. Plans \| Receivables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	77.1	77.4
Fair Value, Inputs, Level 1 \| U.S. Plans \| Payables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	(139.9)	(158.6)
Fair Value, Inputs, Level 1 \| International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	28.7	21.4
Fair Value, Inputs, Level 1 \| International Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.6	1.6
Fair Value, Inputs, Level 1 \| International Plans \| Real Estate \| Real Estate Investments Trust
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.7	1.3
Fair Value, Inputs, Level 1 \| International Plans \| Cash
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	27.4	18.6
Fair Value, Inputs, Level 1 \| International Plans \| Payables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		(0.1)
Fair Value, Inputs, Level 2 \| Other Postretirement Benefit Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.8
Fair Value, Inputs, Level 2 \| Other Postretirement Benefit Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.8
Fair Value, Inputs, Level 2 \| U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,761.3	1,904.3
Fair Value, Inputs, Level 2 \| U.S. Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	5.8	5.8
Fair Value, Inputs, Level 2 \| U.S. Plans \| Equity Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	411.9	461.6
Fair Value, Inputs, Level 2 \| U.S. Plans \| Debt Securities \| Other Fixed Income
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	974.7	1,025.3
Fair Value, Inputs, Level 2 \| U.S. Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	105.3	102.1
Fair Value, Inputs, Level 2 \| U.S. Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	0.5	12.3
Fair Value, Inputs, Level 2 \| U.S. Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	263.1	297.2
Fair Value, Inputs, Level 2 \| International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	2,235.4	2,470.5
Fair Value, Inputs, Level 2 \| International Plans \| Equity Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	956.1	1,054.8
Fair Value, Inputs, Level 2 \| International Plans \| Debt Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	905.4	991.1
Fair Value, Inputs, Level 2 \| International Plans \| Debt Securities \| Other Fixed Income
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	248.5	330.4
Fair Value, Inputs, Level 2 \| International Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	118.4	85.8
Fair Value, Inputs, Level 2 \| International Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.0	7.2
Fair Value, Inputs, Level 2 \| International Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.2
Fair Value, Inputs, Level 3 \| Other Postretirement Benefit Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		7.3
Fair Value, Inputs, Level 3 \| Other Postretirement Benefit Plans \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.7	7.3
Fair Value, Inputs, Level 3 \| U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	45.2	64.4
Fair Value, Inputs, Level 3 \| U.S. Plans \| Debt Securities \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		17.4
Fair Value, Inputs, Level 3 \| U.S. Plans \| Real Estate
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	37.6	34.2
Fair Value, Inputs, Level 3 \| U.S. Plans \| Other \| Private Equity
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.6	12.8
Fair Value, Inputs, Level 3 \| International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	232.7	227.0
Fair Value, Inputs, Level 3 \| International Plans \| Debt Securities \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	120.6	135.5
Fair Value, Inputs, Level 3 \| International Plans \| Real Estate
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	41.8	40.8
Fair Value, Inputs, Level 3 \| International Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	$ 70.3	$ 50.7