$AXTA
Axalta Coating Systems Ltd. Stock $axta

$axta Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000161686216000071 Filed on July 27, 2016

Income Statement

Concept	2016 Q2	2015 Q2
Revenue	$1.071B	$1.101B
YoY Change	-2.77%	-2.93%
Cost Of Revenue	$649.0M	$679.7M
YoY Change	-4.52%	-8.46%
Gross Profit	$421.6M	$421.4M
YoY Change	0.05%	7.55%
Gross Profit Margin	39.38%	38.27%
Selling, General & Admin	$237.7M	$245.5M
YoY Change	-3.18%	-2.04%
% of Gross Profit	56.38%	58.26%
Research & Development	$14.10M	$12.80M
YoY Change	10.16%	5.79%
% of Gross Profit	3.34%	3.04%
Depreciation & Amortization	$43.90M	$44.40M
YoY Change	-1.13%	13.55%
% of Gross Profit	10.41%	10.54%
Operating Expenses	$251.8M	$258.3M
YoY Change	-2.52%	-1.67%
Operating Profit	$149.5M	$143.0M
YoY Change	4.55%	32.65%
Interest Expense	$47.80M	$49.20M
YoY Change	-2.85%	-10.38%
% of Operating Profit	31.97%	34.41%
Other Income/Expense, Net	-$32.80M	-$88.60M
YoY Change	-62.98%	-5637.5%
Pretax Income	$68.90M	$5.200M
YoY Change	1225.0%	-90.46%
Income Tax	$16.60M	$29.50M
% Of Pretax Income	24.09%	567.31%
Net Earnings	$50.70M	-$25.10M
YoY Change	-301.99%	-146.65%
Net Earnings / Revenue	4.74%	-2.28%
Basic Earnings Per Share	$0.21	-$0.11
Diluted Earnings Per Share	$0.21	-$0.11
COMMON SHARES
Basic Shares Outstanding	237.7M shares	232.3M shares
Diluted Shares Outstanding	244.3M shares	232.3M shares

Balance Sheet

Concept	2016 Q2	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$480.1M	$307.8M
YoY Change	55.98%	-12.13%
Cash & Equivalents	$480.1M	$307.8M
Short-Term Investments
Other Short-Term Assets	$123.4M	$131.5M
YoY Change	-6.16%	57.67%
Inventory	$519.7M	$555.0M
Prepaid Expenses	$62.10M	$78.00M
Receivables	$720.0M	$702.7M
Other Receivables	$118.6M	$166.8M
Total Short-Term Assets	$1.962B	$1.864B
YoY Change	5.26%	-5.1%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.359B	$1.425B
YoY Change	-4.67%	-12.1%
Goodwill	$931.1M	$944.0M
YoY Change	-1.37%
Intangibles	$1.153B	$1.233B
YoY Change	-6.52%
Long-Term Investments	$15.10M	$12.50M
YoY Change	20.8%	-23.31%
Other Assets	$431.6M	$464.7M
YoY Change	-7.12%	-24.43%
Total Long-Term Assets	$3.874B	$4.067B
YoY Change	-4.75%	-14.21%
TOTAL ASSETS
Total Short-Term Assets	$1.962B	$1.864B
Total Long-Term Assets	$3.874B	$4.067B
Total Assets	$5.836B	$5.931B
YoY Change	-1.6%	-11.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$438.2M	$445.5M
YoY Change	-1.64%	-15.48%
Accrued Expenses	$350.0M	$334.6M
YoY Change	4.6%	-19.43%
Deferred Revenue
YoY Change
Short-Term Debt	$27.70M	$23.20M
YoY Change	19.4%
Long-Term Debt Due	$27.40M	$27.50M
YoY Change	-0.36%	-37.07%
Total Short-Term Liabilities	$850.1M	$837.1M
YoY Change	1.55%	-15.65%
LONG-TERM LIABILITIES
Long-Term Debt	$3.298B	$3.509B
YoY Change	-6.0%	-9.04%
Other Long-Term Liabilities	$28.50M	$21.40M
YoY Change	33.18%	-93.47%
Total Long-Term Liabilities	$28.50M	$21.40M
YoY Change	33.18%	-99.49%
TOTAL LIABILITIES
Total Short-Term Liabilities	$850.1M	$837.1M
Total Long-Term Liabilities	$28.50M	$21.40M
Total Liabilities	$4.581B	$4.819B
YoY Change	-4.93%	-12.65%
SHAREHOLDERS EQUITY
Retained Earnings	-$54.60M	-$206.5M
YoY Change	-73.56%
Common Stock	$1.510B	$1.439B
YoY Change	4.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.187B	$1.043B
YoY Change
Total Liabilities & Shareholders Equity	$5.836B	$5.931B
YoY Change	-1.6%	-11.54%

Cashflow Statement

Concept	2016 Q2	2015 Q2
OPERATING ACTIVITIES
Net Income	$50.70M	-$25.10M
YoY Change	-301.99%	-146.65%
Depreciation, Depletion And Amortization	$43.90M	$44.40M
YoY Change	-1.13%	13.55%
Cash From Operating Activities	$199.3M	$103.7M
YoY Change	92.19%	28.18%
INVESTING ACTIVITIES
Capital Expenditures	-$24.50M	-$25.10M
YoY Change	-2.39%	-50.4%
Acquisitions
YoY Change
Other Investing Activities	$500.0K	-$1.600M
YoY Change	-131.25%	-900.0%
Cash From Investing Activities	-$24.00M	-$26.70M
YoY Change	-10.11%	-47.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-108.0M	43.10M
YoY Change	-350.58%	-379.87%
NET CHANGE
Cash From Operating Activities	199.3M	103.7M
Cash From Investing Activities	-24.00M	-26.70M
Cash From Financing Activities	-108.0M	43.10M
Net Change In Cash	67.30M	120.1M
YoY Change	-43.96%	695.36%
FREE CASH FLOW
Cash From Operating Activities	$199.3M	$103.7M
Capital Expenditures	-$24.50M	-$25.10M
Free Cash Flow	$223.8M	$128.8M
YoY Change	73.76%	-2.05%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	axta	Income Loss From Continuing Operations Before Interest Income Tax Depreciation And Amortization IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxDepreciationAndAmortization	302400000	USD
	axta	Employee Service Share Based Compensation Tax Benefit Realized From Vestingof Restricted Stock EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromVestingofRestrictedStock	1800000	USD
CY2016Q2	axta	Defined Benefit Plan Other Adjustments DefinedBenefitPlanOtherAdjustments	-700000	USD
	axta	Defined Benefit Plan Other Adjustments DefinedBenefitPlanOtherAdjustments	-1300000	USD
CY2015Q2	axta	Adjusted Earnings Before Interest Tax Depreciation And Amortization AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization	255500000	USD
	axta	Adjusted Earnings Before Interest Tax Depreciation And Amortization AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization	437500000	USD
CY2016Q2	axta	Adjusted Earnings Before Interest Tax Depreciation And Amortization AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization	252600000	USD
	axta	Adjusted Earnings Before Interest Tax Depreciation And Amortization AdjustedEarningsBeforeInterestTaxDepreciationAndAmortization	447400000	USD
CY2015Q2	axta	Bad Debt Expense Net Of Recoveries BadDebtExpenseNetOfRecoveries	2800000	USD
	axta	Bad Debt Expense Net Of Recoveries BadDebtExpenseNetOfRecoveries	3500000	USD
CY2016Q2	axta	Bad Debt Expense Net Of Recoveries BadDebtExpenseNetOfRecoveries	1000000	USD
	axta	Bad Debt Expense Net Of Recoveries BadDebtExpenseNetOfRecoveries	1100000	USD
CY2015Q2	axta	Cumulative Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax Benefits CumulativeOtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTaxBenefits	-15100000	USD
CY2016Q2	axta	Cumulative Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax Benefits CumulativeOtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTaxBenefits	-12800000	USD
CY2015Q2	axta	Cumulative Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax CumulativeOtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-1500000	USD
CY2016Q2	axta	Cumulative Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax CumulativeOtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-2500000	USD
CY2014Q3	axta	Debt Instrument Covenant Maximum Consolidated Leverage Ratio DebtInstrumentCovenantMaximumConsolidatedLeverageRatio	4.50
CY2014Q1	axta	Debt Instrument Percentof Credit Facility Outstandingfor Financial Covenanttobe Applicable DebtInstrumentPercentofCreditFacilityOutstandingforFinancialCovenanttobeApplicable	0.25
CY2014Q1	axta	Debt Instrument Percentof Lettersof Creditnot Cash Collateralizedfor Financial Covenanttobe Applicable DebtInstrumentPercentofLettersofCreditnotCashCollateralizedforFinancialCovenanttobeApplicable	1.03
CY2014Q1	axta	Decrease In Percentage On Excess Cash Flow For Mandatory Prepayments Of Debt DecreaseInPercentageOnExcessCashFlowForMandatoryPrepaymentsOfDebt	0.25
CY2015Q2	axta	Defined Benefit Plan Other Adjustments DefinedBenefitPlanOtherAdjustments	-200000	USD
	axta	Defined Benefit Plan Other Adjustments DefinedBenefitPlanOtherAdjustments	-400000	USD
	axta	Employee Service Sharebased Compensation Future Tax Benefit To Be Realizedfrom Exercisesof Options Duringthe Period EmployeeServiceSharebasedCompensationFutureTaxBenefitToBeRealizedfromExercisesofOptionsDuringthePeriod	4200000	USD
CY2015Q2	axta	Employee Termination And Other Related Costs EmployeeTerminationAndOtherRelatedCosts	14800000	USD
	axta	Employee Termination And Other Related Costs EmployeeTerminationAndOtherRelatedCosts	18500000	USD
CY2016Q2	axta	Employee Termination And Other Related Costs EmployeeTerminationAndOtherRelatedCosts	7000000	USD
	axta	Employee Termination And Other Related Costs EmployeeTerminationAndOtherRelatedCosts	8900000	USD
	axta	Equity Method Investment Additional Interest Purchased EquityMethodInvestmentAdditionalInterestPurchased	0.25
CY2014Q1	axta	First Lien Leverage Ratio Lower Limit FirstLienLeverageRatioLowerLimit	3.50
CY2014Q1	axta	First Lien Leverage Ratio Upper Limit FirstLienLeverageRatioUpperLimit	4.25
CY2015Q2	axta	Income Loss From Continuing Operations Before Interest Income Tax Depreciation And Amortization IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxDepreciationAndAmortization	131900000	USD
CY2016Q2	axta	Income Loss From Continuing Operations Before Interest Income Tax Depreciation And Amortization IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxDepreciationAndAmortization	196800000	USD
	axta	Income Loss From Continuing Operations Before Interest Income Tax Depreciation And Amortization IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxDepreciationAndAmortization	368100000	USD
CY2013Q4	axta	Number Of Interest Rate Swaps NumberOfInterestRateSwaps	5	swap
	axta	Numberof Endmarkets Served NumberofEndmarketsServed	4	market
CY2015Q2	axta	Offeringandtransactionalcosts Offeringandtransactionalcosts	300000	USD
	axta	Offeringandtransactionalcosts Offeringandtransactionalcosts	-3700000	USD
CY2016Q2	axta	Offeringandtransactionalcosts Offeringandtransactionalcosts	1400000	USD
	axta	Offeringandtransactionalcosts Offeringandtransactionalcosts	1400000	USD
CY2015Q2	axta	Other Adjustments OtherAdjustments	1300000	USD
	axta	Other Adjustments OtherAdjustments	2800000	USD
CY2016Q2	axta	Other Adjustments OtherAdjustments	1900000	USD
	axta	Other Adjustments OtherAdjustments	3700000	USD
CY2014Q1	axta	Percentage On Excess Cash Flow For Mandatory Prepayments Of Debt PercentageOnExcessCashFlowForMandatoryPrepaymentsOfDebt	0.5
CY2014Q1	axta	Percentage On First Lien Leverage Ratio For Mandatory Prepayments Of Debt PercentageOnFirstLienLeverageRatioForMandatoryPrepaymentsOfDebt	0
	axta	Proceeds From Stock Options Exercisedand Tax Benefits ProceedsFromStockOptionsExercisedandTaxBenefits	51900000	USD
	axta	Proceeds From Stock Options Exercisedand Tax Benefits ProceedsFromStockOptionsExercisedandTaxBenefits	12600000	USD
	axta	Sharebased Compensation Arrangementby Sharebased Payment Award Forfeiture Rate SharebasedCompensationArrangementbySharebasedPaymentAwardForfeitureRate	0
CY2015Q4	axta	Shorttermand Other Borrowings ShorttermandOtherBorrowings	26500000	USD
CY2016Q2	axta	Shorttermand Other Borrowings ShorttermandOtherBorrowings	36000000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001616862
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	239130298	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Axalta Coating Systems Ltd.
	dei	Trading Symbol TradingSymbol	AXTA
CY2015Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	75600000	USD
CY2016Q2	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	82300000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	454700000	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	438200000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	647200000	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	720000000	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	472400000	USD
CY2016Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	558200000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-269300000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-268900000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1238800000	USD
CY2016Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	1272100000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14200000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	21600000	USD
CY2015Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	12400000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	14200000	USD
CY2016Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11400000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	21600000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	10700000	USD
CY2016Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	12100000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	10200000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	10100000	USD
CY2015Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20100000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	40100000	USD
CY2016Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	20300000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	40500000	USD
CY2015Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	16100000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	800000	shares
CY2016Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1100000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1500000	shares
CY2015Q4	us-gaap	Assets Assets	5854200000	USD
CY2016Q2	us-gaap	Assets Assets	5835800000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	1917300000	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	1961800000	USD
CY2015Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	4200000	USD
CY2016Q2	us-gaap	Available For Sale Securities AvailableForSaleSecurities	4100000	USD
	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	5400000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	19700000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	15300000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	382100000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	307800000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	485000000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	480100000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-28500000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	3400000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	1.00
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000.0	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000.0	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	237900000	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	239100000	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	237900000	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	239100000	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	237000000	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	237900000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	200000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-66800000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	35100000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	78600000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1000000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2200000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1400000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2300000	USD
CY2015Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1200000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-64600000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	36500000	USD
CY2015Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	679700000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	1329500000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	80900000	USD
CY2016Q2	us-gaap	Cost Of Goods Sold CostOfGoodsSold	649000000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	1255400000	USD
CY2015Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	3441500000	USD
CY2016Q2	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	3353200000	USD
CY2015Q4	us-gaap	Debt Current DebtCurrent	50100000	USD
CY2016Q2	us-gaap	Debt Current DebtCurrent	55100000	USD
CY2015Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	14000000	USD
CY2016Q2	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	11800000	USD
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	65900000	USD
CY2016Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	57300000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-7100000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-6800000	USD
CY2015Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	69500000	USD
CY2016Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	58200000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Current DeferredTaxLiabilitiesCurrent	6600000	USD
CY2016Q2	us-gaap	Deferred Tax Liabilities Current DeferredTaxLiabilitiesCurrent	6800000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	165500000	USD
CY2016Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	160900000	USD
CY2015Q2	us-gaap	Depreciation Depreciation	44400000	USD
	us-gaap	Depreciation Depreciation	85700000	USD
CY2016Q2	us-gaap	Depreciation Depreciation	43900000	USD
	us-gaap	Depreciation Depreciation	85600000	USD
CY2015Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	77500000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	150100000	USD
CY2016Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	78600000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	154600000	USD
CY2015Q2	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	200000	USD
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	2000000	USD
CY2016Q2	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-1600000	USD
	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-4000000	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.11
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.11
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.08
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.20
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.32
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-45800000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-8300000	USD
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.578
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.302
CY2016Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	8200000	USD
CY2015Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3300000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	3800000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4000000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1500000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-66500000	USD
CY2016Q2	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1600000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	5500000	USD
	us-gaap	Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions	6700000	USD
CY2015Q2	us-gaap	Equity Method Investments EquityMethodInvestments	12500000	USD
CY2016Q2	us-gaap	Equity Method Investments EquityMethodInvestments	15100000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	229000000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	269500000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	40100000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	79700000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	79800000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	79800000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	79900000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1420600000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1422300000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1191600000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1152800000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-26000000	USD
CY2015Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-57800000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-66500000	USD
CY2016Q2	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-18000000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-25500000	USD
CY2015Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2016Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2300000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-2300000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	928200000	USD
CY2016Q2	us-gaap	Goodwill Goodwill	931100000	USD
	us-gaap	Goodwill Translation Adjustments GoodwillTranslationAdjustments	2900000	USD
CY2015Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	30600000	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	30600000	USD
CY2016Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	10500000	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	10500000	USD
CY2015Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5200000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	53100000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	70400000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	115600000	USD
CY2015Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	400000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	800000	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	100000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	300000	USD
CY2015Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	29500000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	30700000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	20300000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	34900000	USD
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	89700000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-16200000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-42000000	USD
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	124900000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	41100000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-13400000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	46000000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	20200000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-1900000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	400000	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1191600000	USD
CY2016Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1152800000	USD
CY2015Q2	us-gaap	Interest Expense InterestExpense	49200000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-17900000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-15300000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-6400000	USD
	us-gaap	Interest Expense InterestExpense	99200000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	47800000	USD
	us-gaap	Interest Expense InterestExpense	97900000	USD
CY2015Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	313100000	USD
CY2016Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	309100000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	530700000	USD
CY2016Q2	us-gaap	Inventory Net InventoryNet	519700000	USD
CY2015Q4	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	129100000	USD
CY2016Q2	us-gaap	Inventory Raw Materials And Supplies Net Of Reserves InventoryRawMaterialsAndSuppliesNetOfReserves	127600000	USD
CY2015Q4	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	20800000	USD
CY2016Q2	us-gaap	Inventory Supplies Net Of Reserves InventorySuppliesNetOfReserves	20800000	USD
CY2015Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	88500000	USD
CY2016Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	83000000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	4713000000	USD
CY2016Q2	us-gaap	Liabilities Liabilities	4581000000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5854200000	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5835800000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	881600000	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	850100000	USD
CY2014Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	400000000.0	USD
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	3399200000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	3391400000	USD
CY2016Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	3298100000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	27400000	USD
CY2016Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	27400000	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	22900000	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive	1026800000	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive	2264200000	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour	27600000	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	28200000	USD
CY2016Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	29500000	USD
CY2015Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	0	USD
CY2016Q2	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	0	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	67500000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	1100000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	5.68
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	23400000	USD
CY2016Q2	us-gaap	Minority Interest MinorityInterest	68300000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4100000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-108300000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-56900000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-67600000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	5000000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	179300000	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	-25100000	USD
	us-gaap	Net Income Loss NetIncomeLoss	20000000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	48500000	USD
	us-gaap	Net Income Loss NetIncomeLoss	78200000	USD
CY2015Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	800000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2400000	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1600000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2500000	USD
	us-gaap	Noncontrolling Interest Increase From Business Combination NoncontrollingInterestIncreaseFromBusinessCombination	4300000	USD
CY2015Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-88600000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-92500000	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-32800000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-40800000	USD
CY2015Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	43000000	USD
CY2016Q2	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	36300000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	Segment
CY2015Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	143000000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	244800000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	151000000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	254300000	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	370200000	USD
CY2016Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	350000000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	434200000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	431600000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	24700000	USD
	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-90400000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	-12800000	USD
	us-gaap	Other Comprehensive Income Loss Before Tax OtherComprehensiveIncomeLossBeforeTax	200000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	27300000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-82300000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	-13600000	USD
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	2100000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	25500000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-87000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-13600000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	200000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-2800000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	-4000000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	200000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax	100000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	1700000	USD
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	-600000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-800000	USD
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-3400000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	800000	USD
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	300000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-4500000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	500000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax	-1700000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-1700000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	-600000	USD
CY2015Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-100000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	400000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	100000	USD
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-300000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	22200000	USD
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	28500000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-3600000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	2900000	USD
CY2015Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-200000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	4600000	USD
CY2016Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2000000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2500000	USD
CY2015Q2	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	7000000	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	15300000	USD
CY2016Q2	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	7000000	USD
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	13000000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-900000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2400000	USD
	us-gaap	Payments For Restructuring PaymentsForRestructuring	15400000	USD
CY2015Q2	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	600000	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	4100000	USD
CY2016Q2	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	0	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1500000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	3100000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	4300000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	56600000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	64800000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	252300000	USD
CY2016Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	243400000	USD
CY2015Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	63600000	USD
CY2016Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	62100000	USD
CY2014Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Other Investments ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments	25000000.0	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-200000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-200000	USD
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	3100000	USD
	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	0	USD
CY2015Q2	us-gaap	Professional Fees ProfessionalFees	6800000	USD
	us-gaap	Professional Fees ProfessionalFees	9900000	USD
CY2016Q2	us-gaap	Professional Fees ProfessionalFees	2600000	USD
	us-gaap	Professional Fees ProfessionalFees	5600000	USD
CY2015Q2	us-gaap	Profit Loss ProfitLoss	-24300000	USD
	us-gaap	Profit Loss ProfitLoss	22400000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	50100000	USD
	us-gaap	Profit Loss ProfitLoss	80700000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1855300000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1916700000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1382900000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1358500000	USD
CY2015Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	765800000	USD
CY2016Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	838600000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	13600000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	113700000	USD
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	13700000	USD
	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	5500000	USD
CY2015Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	12800000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	25700000	USD
CY2016Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	14100000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	26700000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	2700000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	3100000	USD
CY2015Q2	us-gaap	Restructuring Charges RestructuringCharges	14500000	USD
	us-gaap	Restructuring Charges RestructuringCharges	16700000	USD
CY2016Q2	us-gaap	Restructuring Charges RestructuringCharges	5100000	USD
	us-gaap	Restructuring Charges RestructuringCharges	5600000	USD
CY2015Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	41300000	USD
CY2016Q2	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	31700000	USD
	us-gaap	Restructuring Reserve Translation And Other Adjustment RestructuringReserveTranslationAndOtherAdjustment	200000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-132800000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-54600000	USD
CY2015Q2	us-gaap	Revenues Revenues	1101100000	USD
	us-gaap	Revenues Revenues	2098600000	USD
CY2016Q2	us-gaap	Revenues Revenues	1072100000	USD
	us-gaap	Revenues Revenues	2033700000	USD
CY2015Q2	us-gaap	Sales Revenue Net SalesRevenueNet	1094100000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	2083300000	USD
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	1065100000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	2020700000	USD
CY2015Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	245500000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	458500000	USD
CY2016Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	237700000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	456800000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	14200000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	21600000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	13600000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	300000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	11000000	shares
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	11100000	shares
CY2015Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	12.19
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	13.59
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue	146300000	USD
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber	9200000	shares
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice	10.77
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue	149900000	USD
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	11100000	shares
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice	13.59
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	8.46
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	7.65
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	23.25
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1	P7Y3M7D
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P7Y7M13D
CY2015Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	22700000	USD
CY2016Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	27700000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	700000	shares
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	50400000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	12600000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1073700000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	1186500000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1112000000	USD
CY2015Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1112200000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1141200000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1254800000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	232300000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	238100000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	242400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	242000000	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	232300000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	231100000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	237700000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	237400000	shares
	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;padding-left:30px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION OF THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The interim condensed consolidated financial statements included herein are unaudited. In the opinion of management, these statements include all adjustments, consisting only of normal, recurring adjustments, necessary for a fair statement of the financial position of Axalta Coating Systems Ltd., a Bermuda exempted company limited by shares, and its consolidated subsidiaries ("Axalta," the "Company," "we," "our" and "us") at </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, the results of operations and comprehensive income (loss) for the </font><font style="font-family:inherit;font-size:10pt;">three and six months ended June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, and their cash flows for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months then ended. All intercompany balances and transactions have been eliminated. These interim unaudited condensed consolidated financial statements should be read in conjunction with the consolidated and combined financial statements and notes included in the Company’s Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">. The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying financial statements include the interim unaudited condensed consolidated balance sheets of Axalta at </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, the related interim unaudited condensed consolidated statements of operations and statements of comprehensive income (loss) for the </font><font style="font-family:inherit;font-size:10pt;">three and six months ended June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and of cash flows for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">. The interim unaudited condensed consolidated financial statements include the accounts of Axalta and its subsidiaries, and entities in which a controlling interest is maintained. Certain of our joint ventures are accounted for on a one-month lag basis, the effect of which is not material.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The results of operations for the </font><font style="font-family:inherit;font-size:10pt;">three and six months ended June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results to be expected for a full year.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">The Acquisition</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The acquisition ("Acquisition") by Axalta and certain of its indirect subsidiaries of all the capital stock, other equity interests and assets of certain entities which, together with their subsidiaries, comprised the DuPont Performance Coatings business ("DPC"), which was formerly owned by E. I. du Pont de Nemours and Company ("DuPont"), closed on February 1, 2013. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">The Carlyle Offerings</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2014, we priced our initial public offering (the "Offering", or the "IPO"), in which certain selling shareholders affiliated with The Carlyle Group L.P. ("Carlyle") sold </font><font style="font-family:inherit;font-size:10pt;">57,500,000</font><font style="font-family:inherit;font-size:10pt;"> common shares at a price of </font><font style="font-family:inherit;font-size:10pt;">$19.50</font><font style="font-family:inherit;font-size:10pt;"> per share. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2015, we completed a secondary offering (the "Secondary Offering") in which Carlyle sold an aggregate of </font><font style="font-family:inherit;font-size:10pt;">46,000,000</font><font style="font-family:inherit;font-size:10pt;"> common shares at a price of </font><font style="font-family:inherit;font-size:10pt;">$28.00</font><font style="font-family:inherit;font-size:10pt;"> per share. In addition, Carlyle sold </font><font style="font-family:inherit;font-size:10pt;">20,000,000</font><font style="font-family:inherit;font-size:10pt;"> common shares in a private placement to an affiliate of Berkshire Hathaway Inc. (together with the Secondary Offering, the "April 2015 Secondary Offerings") for </font><font style="font-family:inherit;font-size:10pt;">$28.00</font><font style="font-family:inherit;font-size:10pt;"> per share. Following these sales, Carlyle ceased to control a majority of our common shares.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2015, May 2016 and June 2016, we completed secondary offerings (together with the IPO and the April 2015 Secondary Offerings, the "Carlyle Offerings") in which Carlyle sold an aggregate of </font><font style="font-family:inherit;font-size:10pt;">34,500,000</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">25,000,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">3,190,000</font><font style="font-family:inherit;font-size:10pt;"> common shares, respectively, at public offering prices of </font><font style="font-family:inherit;font-size:10pt;">$29.75</font><font style="font-family:inherit;font-size:10pt;"> per share, </font><font style="font-family:inherit;font-size:10pt;">$27.93</font><font style="font-family:inherit;font-size:10pt;"> per share and </font><font style="font-family:inherit;font-size:10pt;">$27.93</font><font style="font-family:inherit;font-size:10pt;"> per share, respectively.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We did not receive any proceeds from the sale of common shares in any of the Carlyle Offerings.</font></div></div>

Files In Submission

Name	View Source	Status
0001616862-16-000071-index-headers.html	Edgar Link	pending
0001616862-16-000071-index.html	Edgar Link	pending
0001616862-16-000071.txt	Edgar Link	pending
0001616862-16-000071-xbrl.zip	Edgar Link	pending
a201663010-q.htm	Edgar Link	pending
axta-20160630.xml	Edgar Link	completed
axta-20160630.xsd	Edgar Link	pending
axta-20160630_cal.xml	Edgar Link	unprocessable
axta-20160630_def.xml	Edgar Link	unprocessable
axta-20160630_lab.xml	Edgar Link	unprocessable
axta-20160630_pre.xml	Edgar Link	unprocessable
exhibit311q2201610-q.htm	Edgar Link	pending
exhibit312q2201610-q.htm	Edgar Link	pending
exhibit321q2201610-q.htm	Edgar Link	pending
exhibit322q2201610-q.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
R9999.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$AXTA
Axalta Coating Systems Ltd. Stock $axta

2016 Q2 Form 10-Q Financial Statement

#000161686216000071 Filed on July 27, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AXTA Axalta Coating Systems Ltd. Stock $axta

2016 Q2 Form 10-Q Financial Statement

#000161686216000071 Filed on July 27, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AXTA
Axalta Coating Systems Ltd. Stock $axta