Document and Entity Information (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Feb. 18, 2015	Jun. 30, 2014
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2014
Document Fiscal Year Focus	2014
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	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		49,898,173
Entity Public Float			$ 1,241.5

Consolidated Statements of Income (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenue
Services	$ 2,887.7	$ 2,996.1	$ 3,192.4
Technology	468.7	460.4	514.0
Total revenue	3,356.4	3,456.5	3,706.4
Cost of revenue:
Services	2,394.2	2,405.5	2,567.7
Technology	184.4	202.6	165.2
Cost of Revenue, Total	2,578.6	2,608.1	2,732.9
Selling, general and administrative expenses	554.1	559.4	572.8
Research and development expenses	68.8	69.5	81.5
Costs and Expenses, Total	3,201.5	3,237.0	3,387.2
Operating profit	154.9	219.5	319.2
Interest expense	9.2	9.9	27.5
Other income (expense), net	(0.2)	9.8	(37.6)
Income before income taxes	145.5	219.4	254.1
Provision for income taxes	86.2	99.3	97.3
Consolidated net income	59.3	120.1	156.8
Net income attributable to noncontrolling interests	12.6	11.6	11.2
Net income attributable to Unisys Corporation	46.7	108.5	145.6
Preferred stock dividends	2.7	16.2	16.2
Net income attributable to Unisys Corporation common shareholders	$ 44.0	$ 92.3	$ 129.4
Earnings per common share attributable to Unisys Corporation
Basic	$ 0.89	$ 2.10	$ 2.95
Diluted	$ 0.89	$ 2.08	$ 2.84

Consolidated Statements of Comprehensive Income (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Consolidated net income	$ 59.3	$ 120.1	$ 156.8
Other comprehensive income
Foreign currency translation	(66.3)	(40.1)	17.7
Postretirement adjustments, net of tax of $(42.5) in 2014, $14.6 in 2013 and $(28.3) in 2012	(756.8)	853.8	(452.3)
Total other comprehensive income (loss)	(823.1)	813.7	(434.6)
Comprehensive income (loss)	(763.8)	933.8	(277.8)
Comprehensive income (loss) attributable to noncontrolling interests	30.5	(25.1)	(9.3)
Comprehensive income (loss) attributable to Unisys Corporation	$ (733.3)	$ 908.7	$ (287.1)

Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 494.3	$ 639.8
Accounts and notes receivable, net	619.3	683.1
Inventories:
Parts and finished equipment	22.2	32.8
Work in process and materials	24.5	22.3
Deferred income taxes	16.4	24.1
Prepaid expenses and other current assets	140.6	138.7
Total	1,317.3	1,540.8
Properties	1,059.4	1,095.5
Less - Accumulated depreciation and amortization	890.7	920.8
Properties, net	168.7	174.7
Outsourcing assets, net	150.9	115.5
Marketable software, net	144.1	129.1
Prepaid postretirement assets	19.9	83.7
Deferred income taxes	154.6	112.3
Goodwill	183.9	188.7
Other long-term assets	209.3	165.2
Total	2,348.7	2,510.0
Current liabilities
Current maturities of long-term debt	1.8
Accounts payable	262.5	246.7
Deferred revenue	348.3	402.4
Other accrued liabilities	385.1	375.7
Total	997.7	1,024.8
Long-term debt	222.2	210.0
Long-term postretirement liabilities	2,369.9	1,697.2
Long-term deferred revenue	119.5	122.7
Other long-term liabilities	91.8	119.2
Commitments and contingencies
Deficit
6.25% mandatory convertible preferred stock		249.7
Common stock, par value $.01 per share (100.0 million shares authorized; 52.4 million shares and 45.1 million shares issued)	0.5	0.4
Accumulated deficit	(1,735.8)	(1,782.5)
Treasury stock, at cost	(99.6)	(62.4)
Paid-in capital	4,488.3	4,227.7
Accumulated other comprehensive loss	(4,113.4)	(3,333.4)
Total Unisys stockholders' deficit	(1,460.0)	(700.5)
Noncontrolling interests	7.6	36.6
Total deficit	(1,452.4)	(663.9)
Total	$ 2,348.7	$ 2,510.0

Consolidated Balance Sheets (Parenthetical) (USD $) In Millions, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Convertible preferred stock, dividend rate	6.25%	6.25%
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100	100
Common stock, shares issued	52.4	45.1

Consolidated Statements of Cash Flows (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities
Consolidated net income	$ 59.3	$ 120.1	$ 156.8
Add (deduct) items to reconcile consolidated net income to net cash provided by operating activities:
Company stock issued for U.S. 401(k) plan			6.2
Foreign currency transaction losses	7.4	6.5
Loss on debt extinguishment			30.6
Employee stock compensation	10.4	12.5	14.3
Depreciation and amortization of properties	52.0	46.7	54.7
Depreciation and amortization of outsourcing assets	58.1	53.5	57.9
Amortization of marketable software	58.5	59.4	62.0
Other non-cash operating activities	7.8	(0.6)	(2.7)
Disposal of capital assets	1.8	2.0	6.3
(Gain) loss on sale of businesses and assets	(0.7)	1.5	(11.7)
Pension contributions	(183.4)	(147.2)	(201.5)
Pension expense	73.8	93.5	108.2
Decrease in deferred income taxes, net	24.8	29.4	26.3
Increase in receivables, net	(14.3)	(63.5)	(11.2)
Decrease (increase) in inventories	6.3	(6.5)	14.2
(Increase) decrease in other assets	(23.7)	(16.5)	32.2
Increase (decrease) in accounts payable and other accrued liabilities	14.4	1.9	(80.7)
Decrease in other liabilities	(31.1)	(5.3)	(0.6)
Net cash provided by operating activities	121.4	187.4	261.3
Cash flows from investing activities
Proceeds from investments	5,654.0	5,315.9	4,108.5
Purchases of investments	(5,640.3)	(5,325.8)	(4,107.2)
Investment in marketable software	(73.6)	(64.3)	(56.4)
Capital additions of properties	(53.3)	(47.2)	(40.1)
Capital additions of outsourcing assets	(85.9)	(39.9)	(36.1)
Other	3.8	(1.4)	4.6
Net cash used for investing activities	(195.3)	(162.7)	(126.7)
Cash flows from financing activities
Common stock repurchases	(35.7)	(11.7)
Dividends paid on preferred stock	(4.0)	(16.2)	(16.2)
Proceeds from exercise of stock options	3.4	4.9	0.4
Financing fees	(0.6)
Proceeds from issuance of long-term debt			204.8
Payments of long-term debt			(388.9)
Dividends paid to noncontrolling interest			(4.5)
Net cash used for financing activities	(36.9)	(23.0)	(204.4)
Effect of exchange rate changes on cash and cash equivalents	(34.7)	(17.5)	10.5
Decrease in cash and cash equivalents	(145.5)	(15.8)	(59.3)
Cash and cash equivalents, beginning of year	639.8	655.6	714.9
Cash and cash equivalents, end of year	$ 494.3	$ 639.8	$ 655.6

Consolidated Statements of Deficit (USD $) In Millions, unless otherwise specified	12 Months Ended									12 Months Ended			12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014 Total Unisys Corporation	Dec. 31, 2013 Total Unisys Corporation	Dec. 31, 2012 Total Unisys Corporation	Dec. 31, 2014 Preferred Stock	Dec. 31, 2012 Preferred Stock	Dec. 31, 2011 Preferred Stock	Dec. 31, 2014 Common Stock Par Value	Dec. 31, 2012 Common Stock Par Value	Dec. 31, 2011 Common Stock Par Value	Dec. 31, 2014 Accumulated Deficit	Dec. 31, 2013 Accumulated Deficit	Dec. 31, 2012 Accumulated Deficit	Dec. 31, 2014 Treasury Stock At Cost	Dec. 31, 2013 Treasury Stock At Cost	Dec. 31, 2012 Treasury Stock At Cost	Dec. 31, 2014 Paid-in Capital	Dec. 31, 2013 Paid-in Capital	Dec. 31, 2012 Paid-in Capital	Dec. 31, 2014 Accumulated Other Comprehensive Loss	Dec. 31, 2013 Accumulated Other Comprehensive Loss	Dec. 31, 2012 Accumulated Other Comprehensive Loss	Dec. 31, 2014 Non- controlling Interests	Dec. 31, 2013 Non- controlling Interests	Dec. 31, 2012 Non- controlling Interests
Beginning Balance	$ (663.9)	$ (1,588.7)	$ (1,311.0)	$ (700.5)	$ (1,600.2)	$ (1,318.1)	$ 249.7	$ 249.7	$ 249.7	$ 0.4	$ 0.4	$ 0.4	$ (1,782.5)	$ (1,891.0)	$ (2,036.6)	$ (62.4)	$ (48.8)	$ (48.1)	$ 4,227.7	$ 4,223.1	$ 4,217.4	$ (3,333.4)	$ (4,133.6)	$ (3,700.9)	$ 36.6	$ 11.5	$ 7.1
Consolidated net income	59.3	120.1	156.8	46.7	108.5	145.6							46.7	108.5	145.6										12.6	11.6	11.2
Stock-based compensation	13.5	14.8	21.2	13.5	14.8	21.2										(1.5)	(1.9)	(0.7)	15.0	16.7	21.9
Dividends declared to preferred holders	(4.0)	(12.1)	(16.2)	(4.0)	(12.1)	(16.2)													(4.0)	(12.1)	(16.2)
Dividends declared to noncontrolling interests			(3.5)																								(3.5)
Preferred stock conversion							(249.7)			0.1									249.6
Sale of subsidiary	1.5		(1.4)																						1.5		(1.4)
Common stock repurchases	(35.7)	(11.7)		(35.7)	(11.7)											(35.7)	(11.7)
Translation adjustments	(66.3)	(40.1)	17.7	(61.0)	(42.5)	14.8																(61.0)	(42.5)	14.8	(5.3)	2.4	2.9
Postretirement plans	(756.8)	853.8	(452.3)	(719.0)	842.7	(447.5)																(719.0)	842.7	(447.5)	(37.8)	11.1	(4.8)
Ending Balance	$ (1,452.4)	$ (663.9)	$ (1,588.7)	$ (1,460.0)	$ (700.5)	$ (1,600.2)		$ 249.7	$ 249.7	$ 0.5	$ 0.4	$ 0.4	$ (1,735.8)	$ (1,782.5)	$ (1,891.0)	$ (99.6)	$ (62.4)	$ (48.8)	$ 4,488.3	$ 4,227.7	$ 4,223.1	$ (4,113.4)	$ (3,333.4)	$ (4,133.6)	$ 7.6	$ 36.6	$ 11.5

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2014

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 2014, 2013 and 2012 was $8.0 million, $2.5 million and $3.1 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 products or services, 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 has elected the policy of not providing for intra-period tax allocations between pretax earnings and other comprehensive income in instances where there is no net tax provision. This determination is made for each tax jurisdiction.

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 8), derivatives (see note 11) 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 is reflected as a noncontrolling interest in the company’s financial statements, are owned by three financial institutions for which iPSL performs services.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Earnings Per Common Share

12 Months Ended

Dec. 31, 2014

Earnings Per Common Share

2. Earnings per common share

The following table shows how the earnings per common share attributable to Unisys Corporation were computed for the three years ended December 31, 2014.


Year ended December 31 (millions, except per share data)	2014		2013		2012
Basic earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$	44.0	$	92.3	$	129.4
Weighted average shares (thousands)		49,280		43,899		43,864
Basic earnings per common share	$	.89	$	2.10	$	2.95
Diluted earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$	44.0	$	92.3	$	129.4
Add preferred stock dividends		–		–		16.2
Net income attributable to Unisys Corporation for diluted earnings per share	$	44.0	$	92.3	$	145.6
Weighted average shares (thousands)		49,280		43,899		43,864
Plus incremental shares from assumed conversions
Employee stock plans		304		448		439
Preferred stock		–		–		6,913
Adjusted weighted average shares		49,584		44,347		51,216
Diluted earnings per common share	$	.89	$	2.08	$	2.84

In 2014, 2013 and 2012, 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): 1,929; 2,142; and 2,261, 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.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Recent Accounting Pronouncements and Accounting Changes

12 Months Ended

Dec. 31, 2014

Recent Accounting Pronouncements and Accounting Changes

4. Recent accounting pronouncements and accounting changes

Effective January 1, 2014, the company adopted the Financial Accounting Standards Board (FASB) accounting guidance on reporting discontinued operations. The new guidance is aimed at reducing the frequency of disposals reported as discontinued operations by focusing on strategic shifts that have or are expected to have a major effect on an entity’s operations and financial results. Such a shift could include the disposal of a major line of business, a major geographical area, a major equity method investment or other major parts of the entity. In another change from current U.S. GAAP, the guidance permits companies to have continuing cash flows and significant continuing involvement with the disposed component. The guidance does not change the presentation requirements for discontinued operations in the statement of income. The guidance requires expanded disclosures for discontinued operations and new disclosures for individually material disposals that do not meet the definition of a discontinued operation. Since the company did not dispose of any operations in 2014, adoption of the guidance did not have an impact on the company’s consolidated financial statements.

Effective January 1, 2013, the company adopted the FASB’s authoritative guidance that requires companies to disclose the following: (a) for items reclassified out of accumulated other comprehensive income (AOCI) and into net income in their entirety, the effect of the reclassification on each affected income statement line item; and (b) for AOCI reclassification items that are not reclassified in their entirety into net income, a cross reference to other required U.S. GAAP disclosures. The new standard was required to be applied prospectively. Other than additional disclosure, the adoption of the new standard did not have an impact on the company’s consolidated financial statements.

In May of 2014, the 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, 2016, which for the company is January 1, 2017. Earlier application is not permitted. 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 which method it will choose for adoption, and is evaluating the impact of the adoption on its consolidated results of operations and financial position.

- 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 SEC

-Name Regulation S-X (SX)

-Number 210

-Section 01

-Paragraph b

-Subparagraph 6

-Article 10

Reference 2: 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=6372559&loc=d3e765-108305

Reference 3: 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=6372559&loc=d3e725-108305

Reference 4: 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=28359718&loc=d3e22499-107794

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22580-107794

Reference 6: 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 7: 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 8: 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 9: 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 10: 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 11: 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 12: 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=28359718&loc=d3e22583-107794

+ Details

Accounts Receivable

12 Months Ended

Dec. 31, 2014

Accounts Receivable

5. 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 $100.1 million and $125.0 million at December 31, 2014 and 2013, respectively.

At December 31, 2014, receivables under sales-type leases before the allowance for unearned income were collectible as follows (in millions): 2015, $32.5; 2016, $27.6; 2017, $23.1; 2018, $22.9; 2019, $7.1; and $2.6 thereafter.

Unearned income, which is deducted from accounts and notes receivable, was $11.8 million and $10.5 million at December 31, 2014 and 2013, respectively. The allowance for doubtful accounts, which is reported as a deduction from accounts and notes receivable, was $30.1 million and $28.3 million at December 31, 2014 and 2013, 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 $2.7 million, $(.6) million and $(2.7) million, in 2014, 2013 and 2012, respectively.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References+ Details

Income taxes

12 Months Ended

Dec. 31, 2014

Income taxes

6. Income taxes

Following is the total income before income taxes and the provision for income taxes for the three years ended December 31, 2014.


Year ended December 31 (millions)		2014			2013			2012
Income before income taxes
United States	$	(19.9	)	$	28.4		$	32.5
Foreign		165.4			191.0			221.6
Total income before income taxes	$	145.5		$	219.4		$	254.1
Provision for income taxes
Current
United States	$	2.1		$	8.0		$	3.6
Foreign		59.4			63.0			66.5
State and local		1.0			(.2	)		–
Total		62.5			70.8			70.1
Deferred
Foreign		23.7			28.5			27.2
Total provision for income taxes	$	86.2		$	99.3		$	97.3

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)		2014			2013			2012
United States statutory income tax provision	$	50.9		$	76.8		$	88.9
Income and losses for which no provision or benefit has been recognized		35.7			13.5			7.0
Foreign rate differential and other foreign tax expense		(22.0	)		(23.0	)		(32.2	)
Income tax withholdings		17.1			15.4			20.3
Permanent items		1.1			4.0			4.0
Enacted rate changes		–			8.9			9.0
Change in uncertain tax positions		.2			4.4			4.5
Change in valuation allowances due to changes in judgment		7.0			(.5	)		–
Income tax credits, U.S.		(3.9	)		–			(4.0	)
Other		.1			(.2	)		(.2	)
Provision for income taxes	$	86.2		$	99.3		$	97.3

The 2013 and 2012 provision for income taxes included $11.4 million and $9.2 million, respectively, due to a reduction in the UK income tax rate. The rate reductions were enacted in the third quarters of 2013 and 2012, and reduced the rate from 26% to 24% effective April 1, 2012, to 23% effective April 1, 2013, to 21% effective April 1, 2014 and to 20% effective April 1, 2015. The tax provisions were caused by a write down of the UK 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, 2014 and 2013 were as follows:


December 31 (millions)		2014			2013
Deferred tax assets
Tax loss carryforwards	$	883.3		$	888.8
Postretirement benefits		791.3			566.3
Foreign tax credit carryforwards		245.5			252.4
Other tax credit carryforwards		88.0			88.9
Deferred revenue		60.5			86.4
Employee benefits and compensation		44.6			42.4
Purchased capitalized software		39.3			41.3
Capitalized research and development		36.0			89.7
Depreciation		34.9			31.6
Capitalized costs		16.3			16.5
Warranty, bad debts and other reserves		12.8			14.6
Other		29.5			26.8
		2,282.0			2,145.7
Valuation allowance		(2,107.8	)		(1,998.8	)
Total deferred tax assets	$	174.2		$	146.9
Deferred tax liabilities
Other	$	37.9		$	33.0
Total deferred tax liabilities	$	37.9		$	33.0
Net deferred tax assets	$	136.3		$	113.9

At December 31, 2014, the company has U.S. Federal ($431.6 million), state and local ($204.5 million), and foreign ($247.2 million) tax loss carryforwards, the total tax effect of which is $883.3 million. These carryforwards will expire as follows (in millions): 2015, $11.1; 2016, $8.7; 2017, $11.9; 2018, $24.6; 2019, $8.4; and $818.6 thereafter. The company also has available tax credit carryforwards of approximately $333.5 million, which will expire as follows (in millions): 2015, $7.5; 2016, $10.5; 2017, $48.2; 2018, $20.8; 2019, $20.6; and $225.9 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 $1,279.7 million at December 31, 2014. 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 2014, 2013 and 2012 was $73.9 million, $63.8 million and $39.9 million, respectively.

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


Year ended December 31 (millions)	2014			2013			2012
Balance at January 1	$	26.3		$	29.2		$	24.3
Additions based on tax positions related to the current year		14.4			(2.4	)		3.5
Changes for tax positions of prior years		(1.4	)		(.1	)		1.4
Reductions as a result of a lapse of applicable statute of limitations		(1.6	)		–			(.4	)
Settlements		(.9	)		(.2	)		(.7	)
Changes due to foreign currency		(1.8	)		(.2	)		1.1
Balance at December 31	$	35.0		$	26.3		$	29.2

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, 2014 and 2013, the company had an accrual of $1.6 million and $2.1 million, respectively, for the payment of penalties and interest.

At December 31, 2014, 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 2009 and 2010, respectively, 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 ownership change, utilization of the company’s Tax Attributes will be subject to an overall annual limitation of $70.6 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. As of December 31, 2013, due to the ownership change in 2011, the Section 382 limitation and accompanying built in losses caused the company to reduce its deferred tax assets and related valuation allowance by $389.6 million. 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.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details

Properties

12 Months Ended

Dec. 31, 2014

Properties

7. Properties

Properties comprise the following:


December 31 (millions)	2014		2013
Land	$	2.8	$	3.2
Buildings		80.1		86.1
Machinery and office equipment		644.9		677.8
Internal-use software		257.7		244.6
Rental equipment		73.9		83.8
Total properties	$	1,059.4	$	1,095.5

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details

Debt

12 Months Ended

Dec. 31, 2014

Debt

8. Debt

Long-term debt is comprised of the following:


December 31 (millions)	2014		2013
6.25% senior notes due 2017	$	210.0	$	210.0
Capital leases		14.0		–
Total		224.0		210.0
Less – current maturities		1.8		–
Total long-term debt	$	222.2	$	210.0

All $210.0 million of 6.25% long-term debt matures in 2017. Capital leases maturities in 2015, 2016, 2017, 2018, 2019 and thereafter are $1.8 million, $2.6 million, $2.7 million, $2.4 million, $1.3 million and $3.2 million, respectively.

Cash paid for interest during 2014, 2013 and 2012 was $13.2 million, $12.9 million and $42.5 million, respectively. Capitalized interest expense during 2014, 2013 and 2012 was $4.0 million, $3.2 million and $5.3 million, respectively.

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, 2014, the company had no borrowings and $18.8 million of letters of credit outstanding under the facility. At December 31, 2014, availability under the facility was $100.0 million net of letters of credit issued. Borrowings under the facility will bear interest based on short-term rates. 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 company’s 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, 2014, 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 2015 cash requirements.

Other liabilities

12 Months Ended

Dec. 31, 2014

Other liabilities

9. Other liabilities

Other accrued liabilities (current) are comprised of the following:


December 31 (millions)	2014		2013
Payrolls and commissions	$	109.3	$	103.9
Accrued vacations		60.8		67.2
Income taxes		58.3		40.9
Taxes other than income taxes		53.8		62.4
Postretirement		22.6		25.1
Accrued interest		4.9		4.9
Other		75.4		71.3
Total other accrued liabilities	$	385.1	$	375.7

Rental Expense and Commitments

12 Months Ended

Dec. 31, 2014

Rental Expense and Commitments

10. Rental expense and commitments

Rental expense, less income from subleases, for 2014, 2013 and 2012 was $83.7 million, $85.3 million and $84.7 million, respectively. Income from subleases, for 2014, 2013 and 2012 was $8.5 million, $7.4 million and $8.5 million, respectively.

Minimum net rental commitments under noncancelable operating leases, including idle leases, outstanding at December 31, 2014, substantially all of which relate to real properties, were as follows: 2015, $58.2 million; 2016, $47.2 million; 2017, $38.9 million; 2018, $26.6 million; 2019, $19.9 million; and $34.3 million thereafter. Such rental commitments have been reduced by minimum sublease rentals of $32.0 million, due in the future under noncancelable subleases.

At December 31, 2014, the company had outstanding standby letters of credit and surety bonds totaling approximately $343 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, 2014, the company had deposits and collateral of approximately $58 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, 2014

Financial Instruments and Concentration of Credit Risks

11. 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 one month, which have not been designated as hedging instruments. At December 31, 2014 and 2013, the notional amount of these contracts was $403.9 million and $482.6 million, respectively, and the fair value of such contracts was a net gain of $5.3 million and a net gain of $1.7 million, respectively, of which a gain of $6.1 million and $2.0 million, respectively, has been recognized in “Prepaid expenses and other current assets” and a loss of $.8 million and $.3 million, respectively, has been recognized in “Other accrued liabilities.” Changes in the fair value of these instruments was a gain of $17.3 million, a loss of $7.3 million and a loss of $.4 million, respectively, for years ended December 31, 2014, 2013 and 2012, 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, 2014 and 2013, 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 2014, 2013 and 2012, as well as unrealized gains or losses at December 31, 2014 and 2013, were immaterial. Receivables are due from a large number of customers that are dispersed worldwide across many industries. At December 31, 2014 and 2013, the company had no significant concentrations of credit risk with any one customer. At December 31, 2014 and 2013, the company had approximately $94 million and $79 million, respectively, of receivables due from various U.S. federal governmental agencies. At December 31, 2014 and 2013, 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 $9 million and $15 million, respectively.

Foreign Currency Translation

12 Months Ended

Dec. 31, 2014

Foreign Currency Translation

12. Foreign currency translation

Due to inflation rates in recent years, the company’s Venezuelan subsidiary has applied highly inflationary accounting beginning January 1, 2010. 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. Effective February 13, 2013, the Venezuelan government devalued its currency, the bolivar, by resetting the official exchange rate from 4.30 to the U.S. dollar to 6.30 to the U.S. dollar. As a result, the company recorded a pretax foreign exchange loss in 2013 of $6.5 million.

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 Complementary System of Foreign Currency Administration (SICAD I) auction rate. As a result, the company changed the exchange rate used to remeasure its Venezuelan subsidiary’s financial statements in U.S. dollars from the official rate of 6.3 bolivars to the new SICAD I rate. At December 31, the SICAD I exchange rate used was 12.0 bolivars to the U.S. dollar. The changes in the rate resulted in the company recording a pretax foreign exchange loss in 2014 of $7.4 million. The company believes that using the SICAD I exchange rate is economically representative of what it might expect to receive in a dividend transaction.

At December 31, 2014, the company’s operations in Venezuela had net monetary assets denominated in local currency equivalent to approximately $8 million. As indicated above, the SICAD I exchange rate is determined by periodic auctions and, therefore, the potential exists for it to change significantly in future quarters. Additionally, the Venezuelan government may make further changes or introduce new exchange rate mechanisms, which could result in further changes in the exchange rate used by the company to remeasure its Venezuelan subsidiary’s financial statements in U.S. dollars.

During the years ended December 31, 2014, 2013 and 2012, the company recognized foreign exchange (losses) gains in “Other income (expense), net” in its consolidated statements of income of $(7.0) million, $10.4 million and $(8.1) 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, 2014

Litigation and Contingencies

13. 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.

In December 2007, Lufthansa AG sued Unisys Deutschland GmbH, a Unisys subsidiary (Unisys Germany), in the District Court of Frankfurt, Germany, for allegedly failing to perform properly its obligations during the initial phase of a 2004 software design and development contract relating to a Lufthansa customer loyalty program. Under the contract, either party was free to withdraw from the project at the conclusion of the initial design phase. Rather than withdraw, Lufthansa instead terminated the contract and failed to pay the balance owed to Unisys Germany for the initial phase. Lufthansa’s lawsuit alleges that Unisys Germany breached the contract by failing to deliver a proper design for the new system and seeks approximately 21.4 million Euros in damages. The company believes it has valid defenses and filed its defense and a counterclaim in the amount of approximately 1.5 million Euros. In July 2013, the District Court issued a decision finding Unisys Germany liable for failing to perform its obligations under the initial phase of the contract. It also dismissed Unisys Germany’s counterclaim. The District Court did not conduct the damage phase of the proceeding. Unisys Germany appealed the decision on liability in August 2013. In December 2014, the Appellate Court found that Lufthansa was not entitled to terminate the contract for breach and dismissed Lufthansa’s 21.4 million Euros damages claim. It also dismissed Unisys Germany’s 1.5 million Euros counterclaim, finding the contract required Unisys Germany to return to Lufthansa a 2.2 million Euros advance payment that Lufthansa made upon contract signing. Accordingly, the Appellate Court entered a judgment against Unisys Germany for 2.2 million Euros plus interest (currently estimated to be approximately 1.16 million Euros). Under the judgment, the court also awarded costs of approximately 240,000 Euros to Unisys. In January 2015, the parties agreed to settle the case by waiving their rights to seek permission from Germany’s highest court to appeal and Unisys paying the amount due under the judgment. Unisys may either pay Lufthansa cash or, subject to further agreement of the parties, credits on a new project involving Unisys and Lufthansa.

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, 2014, 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 $127 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.

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, 2014, it has adequate provisions for any such matters.

- Definition

The entire disclosure for commitments and contingencies.

+ References+ Details

Segment information

12 Months Ended

Dec. 31, 2014

Segment information

14. Segment information

The company has two business segments: Services and Technology. The products and services of each segment are marketed throughout the world to commercial businesses and governments. Revenue classifications by segment are as follows: Services – systems integration and consulting, outsourcing, infrastructure services and core maintenance; Technology – enterprise-class software and servers and other technology.

The accounting policies of each business segment are the same as those described in the summary of significant accounting policies. 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 profit on such shipments of company hardware and software to customers. The Services segment also includes 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, 2014, 2013 and 2012, was $17.0 million, $6.0 million and $11.5 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 $529 million, $512 million and $523 million in 2014, 2013 and 2012, 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)	2014		2013		2012

Services
Systems integration and consulting	$	942.8	$	956.9	$	1,079.3
Outsourcing		1,412.7		1,428.7		1,475.5
Infrastructure services		347.4		428.1		442.4

Core maintenance		184.8		182.4		195.2
		2,887.7		2,996.1		3,192.4
Technology
Enterprise-class software and servers		429.0		402.7		480.3
Other technology		39.7		57.7		33.7
		468.7		460.4		514.0
Total	$	3,356.4	$	3,456.5	$	3,706.4

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


Year ended December 31 (millions)		2014			2013			2012
Total segment operating income	$	233.6		$	309.6		$	414.3
Interest expense		(9.2	)		(9.9	)		(27.5	)
Other income (expense), net		(.2	)		9.8			(37.6	)
Corporate and eliminations		(78.7	)		(90.1	)		(95.1	)
Total income before income taxes	$	145.5		$	219.4		$	254.1

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


December 31 (millions)		2014		2013		2012
Total segment assets	$	1,533.8	$	1,530.5	$	1,469.1
Cash and cash equivalents		494.3		639.8		655.6
Deferred income taxes		171.0		136.4		184.3
Prepaid postretirement assets		19.9		83.7		3.3
Other corporate assets		129.7		119.6		108.1
Total assets	$	2,348.7	$	2,510.0	$	2,420.4

A summary of the company’s operations by business segment for 2014, 2013 and 2012 is presented below:


(millions)		Total		Corporate			Services		Technology
2014
Customer revenue	$	3,356.4				$	2,887.7	$	468.7
Intersegment			$	(112.3	)		.4		111.9
Total revenue	$	3,356.4	$	(112.3	)	$	2,888.1	$	580.6
Operating income	$	154.9	$	(78.7	)	$	122.7	$	110.9
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				$	2,996.1	$	460.4
Intersegment			$	(122.5	)		1.7		120.8
Total revenue	$	3,456.5	$	(122.5	)	$	2,997.8	$	581.2
Operating income	$	219.5	$	(90.1	)	$	186.7	$	122.9
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

2012
Customer revenue	$	3,706.4				$	3,192.4	$	514.0
Intersegment			$	(123.1	)		3.8		119.3
Total revenue	$	3,706.4	$	(123.1	)	$	3,196.2	$	633.3
Operating income	$	319.2	$	(95.1	)	$	204.6	$	209.7
Depreciation and amortization		174.6					102.4		72.2
Total assets		2,420.4		951.3			1,085.9		383.2
Capital expenditures		132.6		3.7			64.7		64.2

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)		2014		2013		2012
Revenue
United States	$	1,378.1	$	1,370.6	$	1,455.0
United Kingdom		435.4		414.0		496.9
Other foreign		1,542.9		1,671.9		1,754.5
Total	$	3,356.4	$	3,456.5	$	3,706.4
Properties, net
United States	$	111.9	$	112.4	$	112.7
United Kingdom		22.0		24.7		23.1
Other foreign		34.8		37.6		40.6
Total	$	168.7	$	174.7	$	176.4
Outsourcing assets, net
United States	$	99.7	$	56.2	$	67.1
United Kingdom		25.8		28.1		30.3
Other foreign		25.4		31.2		28.9
Total	$	150.9	$	115.5	$	126.3

- 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

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-Name Accounting Standards Codification

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+ Details

Employee plans

12 Months Ended

Dec. 31, 2014

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, 2014, 2.7 million shares of unissued common stock of the company were available for granting under these plans.

As of December 31, 2014, 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 five years and become exercisable in annual installments over a three-year period following date of grant.

During the years ended December 31, 2014, 2013 and 2012, the company recognized $10.4 million, $12.5 million and $14.3 million of share-based compensation expense, which is comprised of $3.3 million, $3.2 million and $5.4 million of restricted stock unit expense and $7.1 million, $9.3 million and $8.9 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		2014			2013			2012
Weighted-average fair value of grant	$	11.24		$	8.79		$	9.73
Risk-free interest rate		1.04	%		.54	%		.54	%
Expected volatility		45.65	%		50.19	%		71.29	%
Expected life of options in years		3.71			3.69			3.65
Expected dividend yield		–			–			–

A summary of stock option activity for the year ended December 31, 2014 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, 2013		2,698		$	32.74
Granted		756			32.20
Exercised		(272	)		14.25
Forfeited and expired		(366	)		70.30
Outstanding at December 31, 2014		2,816			29.51		2.37	$	9.1
Expected to vest at December 31, 2014		1,335			27.37		3.49	$	4.7
Exercisable at December 31, 2014		1,456			31.47		1.31	$	4.4

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, 2014. 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, 2014, 2013 and 2012 was $4.7 million, $7.9 million and $.9 million, respectively. As of December 31, 2014, $3.2 million of total unrecognized compensation cost related to stock options is expected to be recognized over a weighted-average period of 1.8 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 1.5 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, 2014 follows (shares in thousands):


	Restricted Stock Units			Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2013		401		$	23.45
Granted		397			32.16
Vested		(124	)		26.76
Forfeited and expired		(320	)		27.03
Outstanding at December 31, 2014		354			28.81

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, 2014, 2013 and 2012 was $12.8 million, $5.3 million and $3.3 million, respectively. As of December 31, 2014, there was $2.0 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, 2014, 2013 and 2012 was $3.3 million, $4.5 million and $4.1 million, respectively.

Common stock issued upon exercise of stock options or upon lapse of restrictions on restricted stock units is newly issued shares. Cash received from the exercise of stock options was $3.4 million and $4.9 million for the years ended December 31, 2014 and 2013, respectively. During 2014 and 2013, 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). In 2014, 2013 and 2012, the company funded the match with cash, a combination of cash and company common stock and company common stock, respectively. The charge to income related to the company match for the years ended December 31, 2014, 2013 and 2012, was $10.6 million, $11.8 million and $12.1 million, respectively.

The company has defined contribution plans in certain locations outside the United States. The charge to income related to these plans was $25.2 million, $26.7 million and $30.0 million, for the years ended December 31, 2014, 2013 and 2012, 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, 2014 and 2013, the liability to the participants of these plans was $12.1 million and $13.2 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, 2014 and 2013 follow:


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

Change in projected benefit obligation

Benefit obligation at beginning of year	$	5,158.8		$	5,646.8		$	3,059.2		$	2,945.4

Service cost		–			–			8.4			10.4

Interest cost		248.3			220.4			117.9			106.6

Plan participants’ contributions		–			–			3.1			3.1

Plan amendment		(46.3	)		–			(1.0	)		(6.3	)

Plan curtailment		–			–			(.3	)		–

Actuarial loss (gain)		670.0			(355.9	)		559.4			(19.3	)

Benefits paid		(365.3	)		(352.5	)		(115.4	)		(100.8	)

Foreign currency translation adjustments		–			–			(276.4	)		120.1

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

Change in plan assets

Fair value of plan assets at beginning of year	$	4,048.0		$	3,786.7		$	2,681.8		$	2,399.2

Actual return on plan assets		299.9			572.6			278.0			166.3

Employer contribution		87.1			41.2			96.3			106.0

Plan participants’ contributions		–			–			3.1			3.1

Benefits paid		(365.3	)		(352.5	)		(115.4	)		(100.8	)

Foreign currency translation adjustments		–			–			(224.9	)		108.0

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

Funded status at end of year	$	(1,595.8	)	$	(1,110.8	)	$	(636.0	)	$	(377.4	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	–		$	–		$	18.9		$	82.6

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

Long-term postretirement liabilities		(1,588.9	)		(1,103.9	)		(654.7	)		(459.8	)

Total funded status	$	(1,595.8	)	$	(1,110.8	)	$	(636.0	)	$	(377.4	)

Accumulated other comprehensive loss, net of tax

Net loss	$	2,973.5		$	2,425.9		$	1,076.1		$	817.7

Prior service (credit) cost	$	(44.5	)	$	1.4		$	(12.8	)	$	(16.0	)

Accumulated benefit obligation	$	5,665.5		$	5,158.8		$	3,349.3		$	3,051.5

Information for defined benefit retirement plans with an accumulated benefit obligation in excess of plan assets at December 31, 2014 and 2013 follows:


December 31 (millions)	2014		2013
Accumulated benefit obligation	$	8,412.6	$	7,210.4

Fair value of plan assets		6,167.2		5,646.7

Information for defined benefit retirement plans with a projected benefit obligation in excess of plan assets at December 31, 2014 and 2013 follows:


December 31 (millions)	2014		2013
Projected benefit obligation	$	8,417.9	$	7,217.4

Fair value of plan assets		6,167.2		5,646.7

Net periodic pension cost for 2014, 2013 and 2012 includes the following components:


	U.S. Plans									International Plans
Year ended December 31 (millions)	2014			2013			2012			2014			2013			2012

Service cost	$	–		$	–		$	–		$	8.4		$	10.4		$	8.6

Interest cost		248.3			220.4			252.9			117.9			106.6			113.1

Expected return on plan assets		(287.1	)		(291.5	)		(285.7	)		(160.5	)		(141.9	)		(136.1	)

Amortization of prior service (credit)		(.4	)		.7			.7			(2.1	)		(2.1	)		(.5	)

Recognized net actuarial loss		109.7			139.0			124.0			40.2			51.9			36.9

Curtailment gain		–			–			–			(.6	)		–			(5.7	)
Net periodic pension cost	$	70.5		$	68.6		$	91.9		$	3.3		$	24.9		$	16.3

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

Discount rate		5.02%			4.01%			4.96%			4.15%			3.92%			4.65%

Rate of compensation increase		N/A			N/A			N/A			2.08%			2.06%			2.66%

Expected long-term rate of return on assets		7.72%			8.00%			8.00%			6.45%			6.40%			6.59%



Weighted-average assumptions used to determine benefit obligations at 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%

The expected pretax amortization in 2015 of net periodic pension cost is as follows: net loss, $199.3 million; and prior service credit, $(4.4) million. The amortization of these items is recorded as an element of pension expense. In 2014, pension expense included amortization of $149.9 million of net losses and $(2.5) 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%		38%		32-44%

Debt securities		36%		33-39%		55%		48-62%

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 2015, the company expects to make cash contributions of $128.8 million to its worldwide defined benefit pension plans, which is comprised of $76.2 million primarily for non-U.S. defined benefit pension plans and $52.6 million for the company’s U.S. qualified defined benefit pension plan.

As of December 31, 2014, 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.

2015	$	362.7	$	103.2

2016		363.7		106.0

2017		365.7		109.1

2018		366.4		112.0

2019		367.2		115.4

2020 - 2024		1,839.4		615.9

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, 2014 and 2013, follows:


December 31 (millions)	2014			2013

Change in accumulated benefit obligation

Benefit obligation at beginning of year	$	159.7		$	180.5

Service cost		.6			.6

Interest cost		7.6			7.9

Plan participants’ contributions		4.6			4.9

Actuarial gain		(2.4	)		(11.5	)

Federal drug subsidy		1.4			1.8

Benefits paid		(20.0	)		(23.2	)

Foreign currency translation and other adjustments		(1.5	)		(1.3	)

Benefit obligation at end of year	$	150.0		$	159.7

Change in plan assets

Fair value of plan assets at beginning of year	$	9.2		$	9.7

Actual return on plan assets		–			(.2	)

Employer contributions		15.3			18.0

Plan participants’ contributions		4.6			4.9

Benefits paid		(20.0	)		(23.2	)

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

Funded status at end of year	$	(140.9	)	$	(150.5	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	1.0		$	1.1

Other accrued liabilities		(15.6	)		(18.0	)

Long-term postretirement liabilities		(126.3	)		(133.6	)

Total funded status	$	(140.9	)	$	(150.5	)

Accumulated other comprehensive loss, net of tax

Net loss	$	32.0		$	36.7
Prior service cost		1.2			3.0

Net periodic postretirement benefit cost for 2014, 2013 and 2012, follows:


Year ended December 31 (millions)	2014			2013			2012

Service cost	$	.6		$	.6		$	.5

Interest cost		7.6			7.9			8.7

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

Amortization of prior service cost		1.7			1.8			1.8

Recognized net actuarial loss		1.7			4.5			3.2

Net periodic benefit cost	$	11.1		$	14.3		$	13.7

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

Discount rate		5.86	%		5.15	%		5.84	%

Expected return on plan assets		6.75	%		6.75	%		6.75	%

Weighted-average assumptions used to determine benefit obligation at December 31 were as follows:
Discount rate		5.27	%		5.86	%		5.15	%

The expected pretax amortization in 2015 of net periodic postretirement benefit cost is as follows: net loss, $2.8 million; and prior service cost, $1.1 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 2015, the company expects to contribute approximately $16 million to its postretirement benefit plan.


Assumed health care cost trend rates at December 31	2014			2013

Health care cost trend rate assumed for next year		6.4	%		6.6	%

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	$	.3	$	(.2	)

Effect on postretirement benefit obligation		3.3		(4.4	)

As of December 31, 2014, 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

2015	$	1.3	$	19.6

2016		1.2		17.2

2017		1.1		16.6

2018		1.0		15.8

2019		.9		15.0

2020 – 2024		2.7		53.9

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. and UK 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, 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 by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2013.


	U.S. Plans										International Plans
December 31, 2013 (millions)	Fair Value			Level 1			Level 2		Level 3		Fair Value			Level 1			Level 2		Level 3
Pension plans
Equity Securities
Common Stocks	$	1,916.2		$	1,916.2						$	1.8		$	1.8
Commingled Funds		494.3					$	494.3				1,046.7					$	1,046.7
Debt Securities
U.S. and UK Govt. Securities		148.8			148.8
Other Fixed Income		978.1						978.1				268.9						268.9
Insurance Contracts		79.5							$	79.5		151.3							$	151.3
Commingled Funds												983.7						983.7
Real Estate
Real Estate Investment Trusts		145.7			145.7							1.3			1.3
Real Estate		34.7								34.7		42.8								42.8
Other
Derivatives		(4.2	)		(4.5	)		.3				19.1						19.1
Private Equity		16.5								16.5
Commingled Funds		93.3						93.3				141.0						90.8		50.2
Pooled Funds		236.1						236.1				3.2						3.2
Cash		5.7			5.7							22.1			22.1
Receivables		45.5			45.5
Payables		(142.2	)		(142.2	)						(.1	)		(.1	)
Total	$	4,048.0		$	2,115.2		$	1,802.1	$	130.7	$	2,681.8		$	25.1		$	2,412.4	$	244.3
Other postretirement plans
Insurance Contracts	$	7.5							$	7.5
Exchange Traded Fund – Bond		1.3		$	1.3
Pooled Funds		.4					$	.4
Total	$	9.2		$	1.3		$	.4	$	7.5

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

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, 2013.


(millions)		January 1, 2013		Realized gains (losses)			Purchases or acquisitions		Sales or dispositions			Currency and unrealized gains (losses) relating to instruments still held at December 31, 2013			December 31, 2013
*U.S. plans*
Pension plan
Real Estate	$	34.8	$	.5				$	(2.4	)	$	1.8		$	34.7
Private Equity		20.8		(17.5	)				(5.8	)		19.0			16.5
Insurance Contracts		90.9							(6.7	)		(4.7	)		79.5

Total	$	146.5	$	(17.0	)			$	(14.9	)	$	16.1		$	130.7

Other postretirement plans
Insurance Contracts	$	7.9	$	(.2	)	$	.2	$	(.4	)				$	7.5

*International pension plans*
Insurance Contracts	$	146.7				$	6.6	$	(12.7	)	$	10.7		$	151.3
Real Estate		31.1					9.5					2.2			42.8
Commingled Funds		58.1	$	.4					(12.3	)		4.0			50.2

Total	$	235.9	$	.4		$	16.1	$	(25.0	)	$	16.9		$	244.3

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References+ Details

Stockholders' equity

12 Months Ended

Dec. 31, 2014

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, 2014, 6.3 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.

On December 10, 2012, the company announced that its Board of Directors had authorized the company to purchase up to an aggregate of $50 million of the company’s common stock and mandatory convertible preferred stock through December 31, 2014. Through December 31, 2014, the company repurchased an aggregate of 2.2 million shares of common stock for approximately $47.3 million. At December 31, 2014, the Board’s repurchase authorization expired.

Accumulated other comprehensive income (loss) as of December 31, 2014, 2013 and 2012, is as follows:


(millions)		Total			Translation Adjustments			Postretirement Plans
Balance at December 31, 2011	$	(3,700.9	)	$	(649.1	)	$	(3,051.8	)
Other comprehensive income before reclassifications		(275.9	)		14.8			(290.7	)
Amounts reclassified from accumulated other comprehensive income		(156.8	)		–			(156.8	)

Current period other comprehensive income		(432.7	)		14.8			(447.5	)

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	)

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


Year ended December 31 (millions)	2014			2013
Amortization of prior service cost*	$	(.7	)	$	.4
Amortization of actuarial losses*		148.3			191.4
Curtailment gain*		(.6	)		–
Total before tax		147.0			191.8
Income tax benefit		(5.8	)		(6.9	)
Net of tax	$	141.2		$	184.9

* 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, 2014:


(millions)	Preferred Stock		Common Stock	Treasury Stock
Balance at December 31, 2011	2.6		43.8	.3
Stock-based compensation	–		.5	.1

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

- 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 210

-SubTopic 10

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-Subparagraph (SX 210.5-02.29-31)

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

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

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-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

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-Number Topic 4

-Section C

Reference 8: http://www.xbrl.org/2003/role/presentationRef

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-Number Topic 4

-Section E

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-Name Accounting Standards Codification

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Reference 10: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 12: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

-Topic 505

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Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

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-Paragraph 1

-Subparagraph (SX 210.3-04)

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-Name Accounting Standards Codification

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-Name Accounting Standards Codification

-Topic 505

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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

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-Name Accounting Standards Codification

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-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 17: 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 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph d

-Article 4

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

+ Details

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2014
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 2014, 2013 and 2012 was $8.0 million, $2.5 million and $3.1 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 products or services, 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 has elected the policy of not providing for intra-period tax allocations between pretax earnings and other comprehensive income in instances where there is no net tax provision. This determination is made for each tax jurisdiction. 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 8), derivatives (see note 11) 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 is 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, 2014

Computation of Earnings Per Common Share Attributable to Unisys Corporation

The following table shows how the earnings per common share attributable to Unisys Corporation were computed for the three years ended December 31, 2014.


Year ended December 31 (millions, except per share data)	2014		2013		2012
Basic earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$	44.0	$	92.3	$	129.4
Weighted average shares (thousands)		49,280		43,899		43,864
Basic earnings per common share	$	.89	$	2.10	$	2.95
Diluted earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$	44.0	$	92.3	$	129.4
Add preferred stock dividends		–		–		16.2
Net income attributable to Unisys Corporation for diluted earnings per share	$	44.0	$	92.3	$	145.6
Weighted average shares (thousands)		49,280		43,899		43,864
Plus incremental shares from assumed conversions
Employee stock plans		304		448		439
Preferred stock		–		–		6,913
Adjusted weighted average shares		49,584		44,347		51,216
Diluted earnings per common share	$	.89	$	2.08	$	2.84

Income taxes (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014.


Year ended December 31 (millions)		2014			2013			2012
Income before income taxes
United States	$	(19.9	)	$	28.4		$	32.5
Foreign		165.4			191.0			221.6
Total income before income taxes	$	145.5		$	219.4		$	254.1
Provision for income taxes
Current
United States	$	2.1		$	8.0		$	3.6
Foreign		59.4			63.0			66.5
State and local		1.0			(.2	)		–
Total		62.5			70.8			70.1
Deferred
Foreign		23.7			28.5			27.2
Total provision for income taxes	$	86.2		$	99.3		$	97.3

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)		2014			2013			2012
United States statutory income tax provision	$	50.9		$	76.8		$	88.9
Income and losses for which no provision or benefit has been recognized		35.7			13.5			7.0
Foreign rate differential and other foreign tax expense		(22.0	)		(23.0	)		(32.2	)
Income tax withholdings		17.1			15.4			20.3
Permanent items		1.1			4.0			4.0
Enacted rate changes		–			8.9			9.0
Change in uncertain tax positions		.2			4.4			4.5
Change in valuation allowances due to changes in judgment		7.0			(.5	)		–
Income tax credits, U.S.		(3.9	)		–			(4.0	)
Other		.1			(.2	)		(.2	)
Provision for income taxes	$	86.2		$	99.3		$	97.3

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, 2014 and 2013 were as follows:


December 31 (millions)		2014			2013
Deferred tax assets
Tax loss carryforwards	$	883.3		$	888.8
Postretirement benefits		791.3			566.3
Foreign tax credit carryforwards		245.5			252.4
Other tax credit carryforwards		88.0			88.9
Deferred revenue		60.5			86.4
Employee benefits and compensation		44.6			42.4
Purchased capitalized software		39.3			41.3
Capitalized research and development		36.0			89.7
Depreciation		34.9			31.6
Capitalized costs		16.3			16.5
Warranty, bad debts and other reserves		12.8			14.6
Other		29.5			26.8
		2,282.0			2,145.7
Valuation allowance		(2,107.8	)		(1,998.8	)
Total deferred tax assets	$	174.2		$	146.9
Deferred tax liabilities
Other	$	37.9		$	33.0
Total deferred tax liabilities	$	37.9		$	33.0
Net deferred tax assets	$	136.3		$	113.9

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)	2014			2013			2012
Balance at January 1	$	26.3		$	29.2		$	24.3
Additions based on tax positions related to the current year		14.4			(2.4	)		3.5
Changes for tax positions of prior years		(1.4	)		(.1	)		1.4
Reductions as a result of a lapse of applicable statute of limitations		(1.6	)		–			(.4	)
Settlements		(.9	)		(.2	)		(.7	)
Changes due to foreign currency		(1.8	)		(.2	)		1.1
Balance at December 31	$	35.0		$	26.3		$	29.2

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

+ References+ Details

Properties (Tables)

12 Months Ended

Dec. 31, 2014

Components of Properties

Properties comprise the following:


December 31 (millions)	2014		2013
Land	$	2.8	$	3.2
Buildings		80.1		86.1
Machinery and office equipment		644.9		677.8
Internal-use software		257.7		244.6
Rental equipment		73.9		83.8
Total properties	$	1,059.4	$	1,095.5

Segment information (Tables)

12 Months Ended

Dec. 31, 2014

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)	2014		2013		2012

Services
Systems integration and consulting	$	942.8	$	956.9	$	1,079.3
Outsourcing		1,412.7		1,428.7		1,475.5
Infrastructure services		347.4		428.1		442.4

Core maintenance		184.8		182.4		195.2
		2,887.7		2,996.1		3,192.4
Technology
Enterprise-class software and servers		429.0		402.7		480.3
Other technology		39.7		57.7		33.7
		468.7		460.4		514.0
Total	$	3,356.4	$	3,456.5	$	3,706.4

Reconciliation of Segment Operating Income to Consolidated Income Before Income Taxes

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


Year ended December 31 (millions)		2014			2013			2012
Total segment operating income	$	233.6		$	309.6		$	414.3
Interest expense		(9.2	)		(9.9	)		(27.5	)
Other income (expense), net		(.2	)		9.8			(37.6	)
Corporate and eliminations		(78.7	)		(90.1	)		(95.1	)
Total income before income taxes	$	145.5		$	219.4		$	254.1

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)		2014		2013		2012
Total segment assets	$	1,533.8	$	1,530.5	$	1,469.1
Cash and cash equivalents		494.3		639.8		655.6
Deferred income taxes		171.0		136.4		184.3
Prepaid postretirement assets		19.9		83.7		3.3
Other corporate assets		129.7		119.6		108.1
Total assets	$	2,348.7	$	2,510.0	$	2,420.4

Summary of Operations by Business Segment

A summary of the company’s operations by business segment for 2014, 2013 and 2012 is presented below:


(millions)		Total		Corporate			Services		Technology
2014
Customer revenue	$	3,356.4				$	2,887.7	$	468.7
Intersegment			$	(112.3	)		.4		111.9
Total revenue	$	3,356.4	$	(112.3	)	$	2,888.1	$	580.6
Operating income	$	154.9	$	(78.7	)	$	122.7	$	110.9
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				$	2,996.1	$	460.4
Intersegment			$	(122.5	)		1.7		120.8
Total revenue	$	3,456.5	$	(122.5	)	$	2,997.8	$	581.2
Operating income	$	219.5	$	(90.1	)	$	186.7	$	122.9
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

2012
Customer revenue	$	3,706.4				$	3,192.4	$	514.0
Intersegment			$	(123.1	)		3.8		119.3
Total revenue	$	3,706.4	$	(123.1	)	$	3,196.2	$	633.3
Operating income	$	319.2	$	(95.1	)	$	204.6	$	209.7
Depreciation and amortization		174.6					102.4		72.2
Total assets		2,420.4		951.3			1,085.9		383.2
Capital expenditures		132.6		3.7			64.7		64.2

Revenue, Properties and Outsourcing Assets 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)		2014		2013		2012
Revenue
United States	$	1,378.1	$	1,370.6	$	1,455.0
United Kingdom		435.4		414.0		496.9
Other foreign		1,542.9		1,671.9		1,754.5
Total	$	3,356.4	$	3,456.5	$	3,706.4
Properties, net
United States	$	111.9	$	112.4	$	112.7
United Kingdom		22.0		24.7		23.1
Other foreign		34.8		37.6		40.6
Total	$	168.7	$	174.7	$	176.4
Outsourcing assets, net
United States	$	99.7	$	56.2	$	67.1
United Kingdom		25.8		28.1		30.3
Other foreign		25.4		31.2		28.9
Total	$	150.9	$	115.5	$	126.3

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Employee plans (Tables)

12 Months Ended

Dec. 31, 2014

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		2014			2013			2012
Weighted-average fair value of grant	$	11.24		$	8.79		$	9.73
Risk-free interest rate		1.04	%		.54	%		.54	%
Expected volatility		45.65	%		50.19	%		71.29	%
Expected life of options in years		3.71			3.69			3.65
Expected dividend yield		–			–			–

Summary of Stock Option Activity

A summary of stock option activity for the year ended December 31, 2014 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, 2013		2,698		$	32.74
Granted		756			32.20
Exercised		(272	)		14.25
Forfeited and expired		(366	)		70.30
Outstanding at December 31, 2014		2,816			29.51		2.37	$	9.1
Expected to vest at December 31, 2014		1,335			27.37		3.49	$	4.7
Exercisable at December 31, 2014		1,456			31.47		1.31	$	4.4

Summary of Restricted Stock Unit Activity

A summary of restricted stock unit activity for the year ended December 31, 2014 follows (shares in thousands):


	Restricted Stock Units			Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2013		401		$	23.45
Granted		397			32.16
Vested		(124	)		26.76
Forfeited and expired		(320	)		27.03
Outstanding at December 31, 2014		354			28.81

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, 2014 and 2013 follows:


December 31 (millions)	2014		2013
Accumulated benefit obligation	$	8,412.6	$	7,210.4

Fair value of plan assets		6,167.2		5,646.7

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, 2014 and 2013 follows:


December 31 (millions)	2014		2013
Projected benefit obligation	$	8,417.9	$	7,217.4

Fair value of plan assets		6,167.2		5,646.7

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%		38%		32-44%

Debt securities		36%		33-39%		55%		48-62%

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	2014			2013

Health care cost trend rate assumed for next year		6.4	%		6.6	%

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	$	.3	$	(.2	)

Effect on postretirement benefit obligation		3.3		(4.4	)

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, 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 by level, within the fair value hierarchy, the plans’ assets (liabilities) at fair value at December 31, 2013.


	U.S. Plans										International Plans
December 31, 2013 (millions)	Fair Value			Level 1			Level 2		Level 3		Fair Value			Level 1			Level 2		Level 3
Pension plans
Equity Securities
Common Stocks	$	1,916.2		$	1,916.2						$	1.8		$	1.8
Commingled Funds		494.3					$	494.3				1,046.7					$	1,046.7
Debt Securities
U.S. and UK Govt. Securities		148.8			148.8
Other Fixed Income		978.1						978.1				268.9						268.9
Insurance Contracts		79.5							$	79.5		151.3							$	151.3
Commingled Funds												983.7						983.7
Real Estate
Real Estate Investment Trusts		145.7			145.7							1.3			1.3
Real Estate		34.7								34.7		42.8								42.8
Other
Derivatives		(4.2	)		(4.5	)		.3				19.1						19.1
Private Equity		16.5								16.5
Commingled Funds		93.3						93.3				141.0						90.8		50.2
Pooled Funds		236.1						236.1				3.2						3.2
Cash		5.7			5.7							22.1			22.1
Receivables		45.5			45.5
Payables		(142.2	)		(142.2	)						(.1	)		(.1	)
Total	$	4,048.0		$	2,115.2		$	1,802.1	$	130.7	$	2,681.8		$	25.1		$	2,412.4	$	244.3
Other postretirement plans
Insurance Contracts	$	7.5							$	7.5
Exchange Traded Fund – Bond		1.3		$	1.3
Pooled Funds		.4					$	.4
Total	$	9.2		$	1.3		$	.4	$	7.5

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, 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

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, 2013.


(millions)		January 1, 2013		Realized gains (losses)			Purchases or acquisitions		Sales or dispositions			Currency and unrealized gains (losses) relating to instruments still held at December 31, 2013			December 31, 2013
*U.S. plans*
Pension plan
Real Estate	$	34.8	$	.5				$	(2.4	)	$	1.8		$	34.7
Private Equity		20.8		(17.5	)				(5.8	)		19.0			16.5
Insurance Contracts		90.9							(6.7	)		(4.7	)		79.5

Total	$	146.5	$	(17.0	)			$	(14.9	)	$	16.1		$	130.7

Other postretirement plans
Insurance Contracts	$	7.9	$	(.2	)	$	.2	$	(.4	)				$	7.5

*International pension plans*
Insurance Contracts	$	146.7				$	6.6	$	(12.7	)	$	10.7		$	151.3
Real Estate		31.1					9.5					2.2			42.8
Commingled Funds		58.1	$	.4					(12.3	)		4.0			50.2

Total	$	235.9	$	.4		$	16.1	$	(25.0	)	$	16.9		$	244.3

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, 2014 and 2013 follow:


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

Change in projected benefit obligation

Benefit obligation at beginning of year	$	5,158.8		$	5,646.8		$	3,059.2		$	2,945.4

Service cost		–			–			8.4			10.4

Interest cost		248.3			220.4			117.9			106.6

Plan participants’ contributions		–			–			3.1			3.1

Plan amendment		(46.3	)		–			(1.0	)		(6.3	)

Plan curtailment		–			–			(.3	)		–

Actuarial loss (gain)		670.0			(355.9	)		559.4			(19.3	)

Benefits paid		(365.3	)		(352.5	)		(115.4	)		(100.8	)

Foreign currency translation adjustments		–			–			(276.4	)		120.1

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

Change in plan assets

Fair value of plan assets at beginning of year	$	4,048.0		$	3,786.7		$	2,681.8		$	2,399.2

Actual return on plan assets		299.9			572.6			278.0			166.3

Employer contribution		87.1			41.2			96.3			106.0

Plan participants’ contributions		–			–			3.1			3.1

Benefits paid		(365.3	)		(352.5	)		(115.4	)		(100.8	)

Foreign currency translation adjustments		–			–			(224.9	)		108.0

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

Funded status at end of year	$	(1,595.8	)	$	(1,110.8	)	$	(636.0	)	$	(377.4	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	–		$	–		$	18.9		$	82.6

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

Long-term postretirement liabilities		(1,588.9	)		(1,103.9	)		(654.7	)		(459.8	)

Total funded status	$	(1,595.8	)	$	(1,110.8	)	$	(636.0	)	$	(377.4	)

Accumulated other comprehensive loss, net of tax

Net loss	$	2,973.5		$	2,425.9		$	1,076.1		$	817.7

Prior service (credit) cost	$	(44.5	)	$	1.4		$	(12.8	)	$	(16.0	)

Accumulated benefit obligation	$	5,665.5		$	5,158.8		$	3,349.3		$	3,051.5

Components of Net Periodic Benefit (Income) Cost

Net periodic pension cost for 2014, 2013 and 2012 includes the following components:


	U.S. Plans									International Plans
Year ended December 31 (millions)	2014			2013			2012			2014			2013			2012

Service cost	$	–		$	–		$	–		$	8.4		$	10.4		$	8.6

Interest cost		248.3			220.4			252.9			117.9			106.6			113.1

Expected return on plan assets		(287.1	)		(291.5	)		(285.7	)		(160.5	)		(141.9	)		(136.1	)

Amortization of prior service (credit)		(.4	)		.7			.7			(2.1	)		(2.1	)		(.5	)

Recognized net actuarial loss		109.7			139.0			124.0			40.2			51.9			36.9

Curtailment gain		–			–			–			(.6	)		–			(5.7	)
Net periodic pension cost	$	70.5		$	68.6		$	91.9		$	3.3		$	24.9		$	16.3

Expected Future Benefit Payments

As of December 31, 2014, 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.

2015	$	362.7	$	103.2

2016		363.7		106.0

2017		365.7		109.1

2018		366.4		112.0

2019		367.2		115.4

2020 - 2024		1,839.4		615.9

Pension Plans | Net Periodic Pension Cost

Schedule of Weighted-Average Assumptions

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

Discount rate	5.02%	4.01%	4.96%	4.15%	3.92%	4.65%

Rate of compensation increase	N/A	N/A	N/A	2.08%	2.06%	2.66%

Expected long-term rate of return on assets	7.72%	8.00%	8.00%	6.45%	6.40%	6.59%

Pension Plans | Benefit Obligation

Schedule of Weighted-Average Assumptions

Weighted-average assumptions used to determine benefit obligations at 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%

Other Postretirement Benefit Plans

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


December 31 (millions)	2014			2013

Change in accumulated benefit obligation

Benefit obligation at beginning of year	$	159.7		$	180.5

Service cost		.6			.6

Interest cost		7.6			7.9

Plan participants’ contributions		4.6			4.9

Actuarial gain		(2.4	)		(11.5	)

Federal drug subsidy		1.4			1.8

Benefits paid		(20.0	)		(23.2	)

Foreign currency translation and other adjustments		(1.5	)		(1.3	)

Benefit obligation at end of year	$	150.0		$	159.7

Change in plan assets

Fair value of plan assets at beginning of year	$	9.2		$	9.7

Actual return on plan assets		–			(.2	)

Employer contributions		15.3			18.0

Plan participants’ contributions		4.6			4.9

Benefits paid		(20.0	)		(23.2	)

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

Funded status at end of year	$	(140.9	)	$	(150.5	)

Amounts recognized in the consolidated balance sheets consist of:

Prepaid postretirement assets	$	1.0		$	1.1

Other accrued liabilities		(15.6	)		(18.0	)

Long-term postretirement liabilities		(126.3	)		(133.6	)

Total funded status	$	(140.9	)	$	(150.5	)

Accumulated other comprehensive loss, net of tax

Net loss	$	32.0		$	36.7
Prior service cost		1.2			3.0

Components of Net Periodic Benefit (Income) Cost

Net periodic postretirement benefit cost for 2014, 2013 and 2012, follows:


Year ended December 31 (millions)	2014			2013			2012

Service cost	$	.6		$	.6		$	.5

Interest cost		7.6			7.9			8.7

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

Amortization of prior service cost		1.7			1.8			1.8

Recognized net actuarial loss		1.7			4.5			3.2

Net periodic benefit cost	$	11.1		$	14.3		$	13.7

Expected Future Benefit Payments

As of December 31, 2014, 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

2015	$	1.3	$	19.6

2016		1.2		17.2

2017		1.1		16.6

2018		1.0		15.8

2019		.9		15.0

2020 – 2024		2.7		53.9

Other Postretirement Benefit Plans | Benefit Obligation

Schedule of Weighted-Average Assumptions

Weighted-average assumptions used to determine benefit obligation at December 31 were as follows:
Discount rate			5.27	%			5.86	%			5.15	%

Other Postretirement Benefit Plans | Net Periodic Postretirement Benefit Cost

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	5.86	%	5.15	%	5.84	%

Expected return on plan assets	6.75	%	6.75	%	6.75	%

Stockholders' equity (Tables)

12 Months Ended

Dec. 31, 2014

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) as of December 31, 2014, 2013 and 2012, is as follows:


(millions)		Total			Translation Adjustments			Postretirement Plans
Balance at December 31, 2011	$	(3,700.9	)	$	(649.1	)	$	(3,051.8	)
Other comprehensive income before reclassifications		(275.9	)		14.8			(290.7	)
Amounts reclassified from accumulated other comprehensive income		(156.8	)		–			(156.8	)

Current period other comprehensive income		(432.7	)		14.8			(447.5	)

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	)

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


Year ended December 31 (millions)	2014			2013
Amortization of prior service cost*	$	(.7	)	$	.4
Amortization of actuarial losses*		148.3			191.4
Curtailment gain*		(.6	)		–
Total before tax		147.0			191.8
Income tax benefit		(5.8	)		(6.9	)
Net of tax	$	141.2		$	184.9

* 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, 2014:


(millions)	Preferred Stock		Common Stock	Treasury Stock
Balance at December 31, 2011	2.6		43.8	.3
Stock-based compensation	–		.5	.1

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

- 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

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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

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-Section 50

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-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21553-112644

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

-Publisher FASB

-Name Accounting Standards Codification

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-Subparagraph (SX 210.5-02.28,29)

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Reference 4: 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

-Subparagraph (SX 210.4-08.(d),(e))

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Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 480

-SubTopic 10

-Section S99

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-URI http://asc.fasb.org/extlink&oid=27011957&loc=d3e177068-122764

Reference 6: 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=d3e21475-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29

-Article 5

Reference 8: 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=d3e21488-112644

Reference 9: 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=d3e21484-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

Reference 11: 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 12: 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 13: 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 14: 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

+ Details

Summary Of Significant Accounting Policies - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary Of Significant Accounting Policies [Line Items]
Advertising costs incurred	$ 8.0	$ 2.5	$ 3.1
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

Earnings Per Common Share (Detail) (USD $) In Millions, except Share data in Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Basic earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	$ 44.0	$ 92.3	$ 129.4
Weighted average shares	49,280	43,899	43,864
Basic earnings per common share	$ 0.89	$ 2.10	$ 2.95
Diluted earnings per common share computation
Net income attributable to Unisys Corporation common stockholders	44.0	92.3	129.4
Add preferred stock dividends	2.7	16.2	16.2
Net income attributable to Unisys Corporation for diluted earnings per share	$ 44.0	$ 92.3	$ 145.6
Weighted average shares	49,280	43,899	43,864
Plus incremental shares from assumed conversions
Employee stock plans	304	448	439
Preferred stock			6,913
Adjusted weighted average shares	49,584	44,347	51,216
Diluted earnings per common share	$ 0.89	$ 2.08	$ 2.84

Earnings Per Common Share - Additional Information (Detail) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock options and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	1,929	2,142	2,261
Convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	1,171	6,913

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References+ Details

Changes in Carrying Amount of Goodwill by Segment (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014 Services	Dec. 31, 2013 Services	Dec. 31, 2014 Technology	Dec. 31, 2013 Technology	Dec. 31, 2012 Technology
Goodwill [Line Items]
Balance at beginning of year	$ 188.7	$ 192.3	$ 80.0	$ 83.6	$ 108.7	$ 108.7	$ 108.7
Translation adjustments	(4.8)	(3.6)	(4.8)	(3.6)
Balance at end of year	$ 183.9	$ 188.7	$ 75.2	$ 80.0	$ 108.7	$ 108.7	$ 108.7

Accounts Receivable - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]
Revenue recognized in excess of billings on services contracts or unbilled accounts receivable	$ 100.1	$ 125.0
Leases Receivable, 2015	32.5
Leases Receivable, 2016	27.6
Leases Receivable, 2017	23.1
Leases Receivable, 2018	22.9
Leases Receivable, 2019	7.1
Leases Receivable, thereafter	2.6
Unearned income deducted from accounts and notes receivable	11.8	10.5
Allowance for doubtful accounts	30.1	28.3
Provision expense for doubtful accounts reported in selling, general and administrative expenses	2.7
Provision income for doubtful accounts reported in selling, general and administrative expenses		$ (0.6)	$ (2.7)

Total Income Before Income Taxes and Provision for Income Taxes (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income before income taxes
Income before income taxes, United States	$ (19.9)	$ 28.4	$ 32.5
Income before income taxes, Foreign	165.4	191.0	221.6
Income before income taxes	145.5	219.4	254.1
Provision for income taxes, Current, United States	2.1	8.0	3.6
Provision for income taxes, Current, Foreign	59.4	63.0	66.5
Provision for income taxes, Current, State and local	1.0	(0.2)
Provision for income taxes, Current, Total	62.5	70.8	70.1
Provision for income taxes, Deferred , Foreign	23.7	28.5	27.2
Provision for income taxes	$ 86.2	$ 99.3	$ 97.3

Reconciliation of Provision for Income Taxes (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Reconciliation of Provision of Income Taxes [Line Items]
United States statutory income tax provision	$ 50.9	$ 76.8	$ 88.9
Income and losses for which no provision or benefit has been recognized	35.7	13.5	7.0
Foreign rate differential and other foreign tax expense	(22.0)	(23.0)	(32.2)
Income tax withholdings	17.1	15.4	20.3
Permanent items	1.1	4.0	4.0
Enacted rate changes		8.9	9.0
Change in uncertain tax positions	0.2	4.4	4.5
Change in valuation allowances due to changes in judgment	7.0	(0.5)
Income tax credits, U.S.	(3.9)		(4.0)
Other	0.1	(0.2)	(0.2)
Provision for income taxes	$ 86.2	$ 99.3	$ 97.3

Income Taxes - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended			0 Months Ended				12 Months Ended									12 Months Ended		0 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Apr. 01, 2014 United Kingdom	Apr. 01, 2013 United Kingdom	Apr. 01, 2012 United Kingdom	Apr. 01, 2011 United Kingdom	Dec. 31, 2014 United Kingdom	Dec. 31, 2013 United Kingdom	Dec. 31, 2012 United Kingdom	Dec. 31, 2014 2015	Dec. 31, 2014 2016	Dec. 31, 2014 2017	Dec. 31, 2014 2018	Dec. 31, 2014 2019	Dec. 31, 2014 Thereafter	Dec. 31, 2014 India	Dec. 31, 2014 Brazil	Apr. 01, 2015 Scenario, Forecast United Kingdom	Dec. 31, 2014 Minimum
Tax Credit Carryforward [Line Items]
Rate change in the company's income tax provision		$ 8.9	$ 9.0						$ 11.4	$ 9.2
Corporate tax rate				21.00%	23.00%	24.00%	26.00%												20.00%
U.S. Federal tax loss carryforwards	431.6
State and local tax loss carryforwards	204.5
Foreign tax loss carryforwards	247.2
Total tax loss carryforwards	883.3	888.8
Tax credit carryforwards	333.5
Tax loss carryforwards, set to expire											11.1	8.7	11.9	24.6	8.4	818.6
Tax credit carryforwards, set to expire											7.5	10.5	48.2	20.8	20.6	225.9
Cumulative undistributed earnings of foreign subsidiaries	1,279.7
Cash paid, net of refunds	73.9	63.8	39.9
Penalties and interest accrued related to income tax liabilities	1.6	2.1
Tax audit for the years								2010									2006	2009
Expected change in ownership percentage																				50.00%
Utilization of tax attributes, annual limitation	70.6
Change in deferred tax assets and related valuation allowance	$ 389.6

Significant Portions Of Deferred Tax Assets and Liabilities (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets
Tax loss carryforwards	$ 883.3	$ 888.8
Postretirement benefits	791.3	566.3
Foreign tax credit carryforwards	245.5	252.4
Other tax credit carryforwards	88.0	88.9
Deferred revenue	60.5	86.4
Employee benefits and compensation	44.6	42.4
Purchased capitalized software	39.3	41.3
Capitalized research and development	36.0	89.7
Depreciation	34.9	31.6
Capitalized costs	16.3	16.5
Warranty, bad debts and other reserves	12.8	14.6
Other	29.5	26.8
Deferred Tax Assets, Gross, Total	2,282.0	2,145.7
Valuation allowance	(2,107.8)	(1,998.8)
Total deferred tax assets	174.2	146.9
Other	37.9	33.0
Total deferred tax liabilities	37.9	33.0
Net deferred tax assets	$ 136.3	$ 113.9

Reconciliation Of Changes In Unrecognized Tax Benefits (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Schedule of Unrecognized Tax Benefits [Line Items]
Balance at January 1	$ 26.3	$ 29.2	$ 24.3
Additions based on tax positions related to the current year	14.4	(2.4)	3.5
Changes for tax positions of prior years	(1.4)	(0.1)	1.4
Reductions as a result of a lapse of applicable statute of limitations	(1.6)		(0.4)
Settlements	(0.9)	(0.2)	(0.7)
Changes due to foreign currency	(1.8)	(0.2)	1.1
Balance at December 31	$ 35.0	$ 26.3	$ 29.2

Components Of Properties (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Total properties	$ 1,059.4	$ 1,095.5
Land
Property, Plant and Equipment [Line Items]
Total properties	2.8	3.2
Building
Property, Plant and Equipment [Line Items]
Total properties	80.1	86.1
Machinery and Office Equipment
Property, Plant and Equipment [Line Items]
Total properties	644.9	677.8
Internal-Use Software
Property, Plant and Equipment [Line Items]
Total properties	257.7	244.6
Rental Equipment
Property, Plant and Equipment [Line Items]
Total properties	$ 73.9	$ 83.8

Components Of Long-Term Debt (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Capital leases	$ 14.0
Total	224.0	210.0
Less - current maturities	1.8
Total long-term debt	222.2	210.0
6.25% Senior Notes Due 2017
Debt Instrument [Line Items]
Senior notes	$ 210.0	$ 210.0

- Definition

Amount equal to the present value (the principal) at the beginning of the lease term of minimum lease payments during the lease term (excluding that portion of the payments representing executory costs such as insurance, maintenance, and taxes to be paid by the lessor, together with any profit thereon) net of payments or other amounts applied to the principal, through the balance sheet date and due to be paid more than one year (or one operating cycle, if longer) after the balance sheet date.

+ References+ Details

Debt - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Debt Instrument [Line Items]
Long-term debt, due in 2017	$ 210.0
Interest rate of the debt instruments	6.25%
Capital leases, due in 2015	1.8
Capital leases, due in 2016	2.6
Capital leases, due in 2017	2.7
Capital leases, due in 2018	2.4
Capital leases, due in 2019	1.3
Capital leases, thereafter	3.2
Cash paid for interest	13.2	12.9	42.5
Capitalized interest expense	4.0	3.2	5.3
Maximum borrowing capacity under the credit agreement	150
Letters of credit outstanding	18.8
Availability under the facility	100.00
Aggregate debt default amount to violate covenant, minimum	50
Covenant conditions of the credit facility	The company is required to maintain a minimum fixed charge coverage ratio only if the company’s 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.
Maximum
Debt Instrument [Line Items]
Availability under the facility	18.75
Percentage of lenders' commitments under facility	12.50%
Dividends on capital stock	22.5
Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity under the credit agreement	$ 100

Other Accrued Liabilities (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Schedule of Accrued Liabilities [Line Items]
Payrolls and commissions	$ 109.3	$ 103.9
Accrued vacations	60.8	67.2
Income taxes	58.3	40.9
Taxes other than income taxes	53.8	62.4
Postretirement	22.6	25.1
Accrued interest	4.9	4.9
Other	75.4	71.3
Total other accrued liabilities	$ 385.1	$ 375.7

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable for real and property taxes. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed.

+ References+ Details

Rental Expense and Commitments - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Commitments and Contingencies [Line Items]
Net rental expense	$ 83.7	$ 85.3	$ 84.7
Income from subleases	8.5	7.4	8.5
Minimum net rental commitments under noncancelable operating leases in 2015	58.2
Minimum net rental commitments under noncancelable operating leases in 2016	47.2
Minimum net rental commitments under noncancelable operating leases in 2017	38.9
Minimum net rental commitments under noncancelable operating leases in 2018	26.6
Minimum net rental commitments under noncancelable operating leases in 2019	19.9
Minimum net rental commitments under noncancelable operating leases, thereafter	34.3
Future minimum sublease rentals	32.0
Standby letters of credit and surety bonds outstanding	343
Deposits and collateralized assets	$ 58

Financial Instruments and Concentration of Credit Risks - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Counterparty Credit Concentration Risk [Line Items]
Maturity period limit of foreign currency exchange instruments (in months)	1 month
Net fair value gain (loss) on foreign exchange forward contracts	$ 5.3	$ 1.7
Receivables due from U.S. federal governmental agencies	94	79
Difference between carrying amount and fair value of long-term debt	9	15
Other Income Expense Net
Counterparty Credit Concentration Risk [Line Items]
Gain (loss) on foreign exchange forward contracts	17.3	(7.3)	(0.4)
Prepaid Expenses and Other Current Assets
Counterparty Credit Concentration Risk [Line Items]
Net fair value gain (loss) on foreign exchange forward contracts	6.1	2.0
Other Accrued Liabilities
Counterparty Credit Concentration Risk [Line Items]
Net fair value gain (loss) on foreign exchange forward contracts	(0.8)	(0.3)
Foreign Exchange Contract
Counterparty Credit Concentration Risk [Line Items]
Notional amount of foreign exchange forward contracts not designated as hedging instruments	$ 403.9	$ 482.6

- Definition

Aggregate impact of foreign currency derivatives on earnings for the period. Includes impact of foreign currency cash flow hedge ineffectiveness and the ineffectiveness of fair value hedging derivatives and full change in fair value of the foreign currency derivatives not designated as hedging instruments.

+ References+ Details

Foreign Currency Translation - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Feb. 13, 2013	Feb. 12, 2013
Foreign Currency Translation [Line Items]
Foreign currency exchange rate				6.30	4.30
Foreign exchange loss	$ 7.4	$ 6.5
Gain (loss) recognized on foreign exchange	(7.0)	10.4	(8.1)
Venezuelan Subsidiary
Foreign Currency Translation [Line Items]
Foreign currency exchange rate	12.0
Asset, Reporting Currency Denominated, Value	$ 8

Litigation and Contingencies - Additional Information (Detail)		1 Months Ended		1 Months Ended
	Dec. 31, 2014 USD ($)	Apr. 30, 2007 Ministry Of Justice Of Belgium EUR (€)	Apr. 30, 2008 Ministry Of Justice Of Belgium EUR (€)	Dec. 31, 2014 Lufthansa AG EUR (€)	Dec. 31, 2007 Lufthansa AG EUR (€)	Dec. 31, 2014 Lufthansa AG Dismissed Claims EUR (€)	Aug. 31, 2012 Health Information Management (HIM) USD ($)
Loss Contingencies [Line Items]
Loss contingency, damages sought value		€ 28,000,000			€ 21,400,000	€ 21,400,000	$ 35,000,000
Counterclaim against termination of contract			18,500,000		1,500,000	1,500,000
Loss contingency, awarded value				2,200,000
Loss contingency, interest awarded				1,160,000
Amount of judgment awarded to Unisys				240,000
Unreserved tax-related matters, inclusive of interest	$ 127,000,000

Segment Information - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014 Customer Segment	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Number of operating business segments	2
Intersegment profit	$ 154.9	$ 219.5	$ 319.2
Number of Customers Accounted for more than 10% of revenue	0
Revenues	3,356.4	3,456.5	3,706.4
Various Agencies Of U.S. Government
Segment Reporting Information [Line Items]
Revenues	529.0	512.0	523.0
Segment Reconciling Items
Segment Reporting Information [Line Items]
Intersegment profit	(78.7)	(90.1)	(95.1)
Other Technology \| Segment Reconciling Items
Segment Reporting Information [Line Items]
Intersegment profit	$ 17.0	$ 6.0	$ 11.5

Customer Revenue by Classes of Similar Products or Services (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenue from External Customer [Line Items]
Customer revenue	$ 3,356.4	$ 3,456.5	$ 3,706.4
Services
Revenue from External Customer [Line Items]
Customer revenue	2,887.7	2,996.1	3,192.4
Technology
Revenue from External Customer [Line Items]
Customer revenue	468.7	460.4	514.0
Systems Integration and Consulting \| Services
Revenue from External Customer [Line Items]
Customer revenue	942.8	956.9	1,079.3
Outsourcing \| Services
Revenue from External Customer [Line Items]
Customer revenue	1,412.7	1,428.7	1,475.5
Infrastructure Services \| Services
Revenue from External Customer [Line Items]
Customer revenue	347.4	428.1	442.4
Core Maintenance \| Services
Revenue from External Customer [Line Items]
Customer revenue	184.8	182.4	195.2
Enterprise-Class Software And Servers \| Technology
Revenue from External Customer [Line Items]
Customer revenue	429.0	402.7	480.3
Other Technology \| Technology
Revenue from External Customer [Line Items]
Customer revenue	$ 39.7	$ 57.7	$ 33.7

Reconciliation of Segment Operating Income to Consolidated Income Before Income Taxes (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	$ 154.9	$ 219.5	$ 319.2
Interest expense	(9.2)	(9.9)	(27.5)
Other income (expense), net	(0.2)	9.8	(37.6)
Total income before income taxes	145.5	219.4	254.1
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	233.6	309.6	414.3
Segment Reconciling Items
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating income (loss)	$ (78.7)	$ (90.1)	$ (95.1)

Reconciliation of Total Business Segment Assets to Consolidated Assets (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Segment Reporting, Asset Reconciling Item [Line Items]
Cash and cash equivalents	$ 494.3	$ 639.8	$ 655.6	$ 714.9
Deferred income taxes	174.2	146.9
Prepaid postretirement assets	19.9	83.7	3.3
Other corporate assets	129.7	119.6	108.1
Assets	2,348.7	2,510.0	2,420.4
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Deferred income taxes	171.0	136.4	184.3
Assets	$ 1,533.8	$ 1,530.5	$ 1,469.1

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References+ Details

Summary of Operations by Segment (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]
Revenue	$ 3,356.4	$ 3,456.5	$ 3,706.4
Operating income (loss)	154.9	219.5	319.2
Depreciation and amortization	168.6	159.6	174.6
Total assets	2,348.7	2,510.0	2,420.4
Capital expenditures	212.8	151.4	132.6
Operating Segments
Segment Reporting Information [Line Items]
Revenue	3,356.4	3,456.5	3,706.4
Operating income (loss)	233.6	309.6	414.3
Total assets	1,533.8	1,530.5	1,469.1
Corporate
Segment Reporting Information [Line Items]
Operating income (loss)	(78.7)	(90.1)	(95.1)
Total assets	814.9	979.5	951.3
Capital expenditures	4.9	2.9	3.7
Corporate \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	(112.3)	(122.5)	(123.1)
Corporate \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	(112.3)	(122.5)	(123.1)
Services
Segment Reporting Information [Line Items]
Revenue	2,887.7	2,996.1	3,192.4
Operating income (loss)	122.7	186.7	204.6
Depreciation and amortization	103.2	91.8	102.4
Total assets	1,099.2	1,126.7	1,085.9
Capital expenditures	133.8	78.8	64.7
Services \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	0.4	1.7	3.8
Services \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	2,888.1	2,997.8	3,196.2
Technology
Segment Reporting Information [Line Items]
Revenue	468.7	460.4	514.0
Operating income (loss)	110.9	122.9	209.7
Depreciation and amortization	65.4	67.8	72.2
Total assets	434.6	403.8	383.2
Capital expenditures	74.1	69.7	64.2
Technology \| Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenue	111.9	120.8	119.3
Technology \| Operating Segments
Segment Reporting Information [Line Items]
Revenue	$ 580.6	$ 581.2	$ 633.3

Revenue, Properties and Outsourcing Assets by Geographic Segment (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 3,356.4	$ 3,456.5	$ 3,706.4
Properties, net	168.7	174.7	176.4
Outsourcing assets, net	150.9	115.5	126.3
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	1,378.1	1,370.6	1,455.0
Properties, net	111.9	112.4	112.7
Outsourcing assets, net	99.7	56.2	67.1
United Kingdom
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	435.4	414.0	496.9
Properties, net	22.0	24.7	23.1
Outsourcing assets, net	25.8	28.1	30.3
Other International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	1,542.9	1,671.9	1,754.5
Properties, net	34.8	37.6	40.6
Outsourcing assets, net	$ 25.4	$ 31.2	$ 28.9

Sale of Business - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	0 Months Ended	12 Months Ended
	Mar. 30, 2012	Dec. 31, 2012 Services and Technology
Business Acquisitions and Dispositions [Line Items]
Pretax gain on sale of divested business	$ 10.6	$ 7.6
Revenue from divested business		$ 47.6

Employee Plans - Additional Information (Detail) (USD $) In Millions, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014 Age	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of unissued common stock available for grant under the plans	2,700,000
Age requirement for vesting provision, minimum	55
Completion of service period (in years) for stock awards	5 years
Maximum contractual term of options granted (in years)	5 years
Option vesting period (in years)	3 years
Share-based compensation expense	$ 10.4	$ 12.5	$ 14.3
Cash received from stock options exercised	3.4	4.9	0.4
Deferred compensation Liability	12.1	13.2
Recognized net actuarial loss	149.9
Amortization of prior service cost	(2.5)
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	1.5
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	7.1	9.3	8.9
Total intrinsic value of options exercised	4.7	7.9	0.9
Total unrecognized compensation cost	3.2
Unrecognized compensation cost, Weighted-average recognition period	1 year 9 months 18 days
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	3.3	3.2	5.4
Total unrecognized compensation cost	2.0
Unrecognized compensation cost, Weighted-average recognition period	2 years 1 month 6 days
Aggregate weighted-average grant-date fair value of units granted	12.8	5.3	3.3
Aggregate weighted-average grant-date fair value of units vested	3.3	4.5	4.1
Other Postretirement Benefit Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected pretax amortization of net loss in 2015	2.8
Expected pretax amortization of prior service cost in 2015	1.1
Recognized net actuarial loss	(1.7)	(4.5)	(3.2)
Amortization of prior service cost	1.7	1.8	1.8
Estimated cash contributions by the company in 2015	16.0
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	10.6	11.8	12.1
Expected pretax amortization of net loss in 2015	199.3
Expected pretax amortization of prior service cost in 2015	(4.4)
Estimated cash contributions by the company in 2015	128.8
International Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost recognized for contribution plans	25.2	26.7	30.0
Recognized net actuarial loss	(40.2)	(51.9)	(36.9)
Amortization of prior service cost	(2.1)	(2.1)	(0.5)
Estimated cash contributions by the company in 2015	76.2
U.S. Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized net actuarial loss	(109.7)	(139.0)	(124.0)
Amortization of prior service cost	(0.4)	0.7	0.7
Estimated cash contributions by the company in 2015	$ 52.6

Fair Value Assumptions on Stock Option (Detail) (USD $)	12 Months Ended
Fair Value Assumptions on Stock Option (Detail) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share based Compensation Arrangement by Share based Payment Award, Fair Value Assumptions, Method Used [Line Items]
Weighted-average fair value of grant	$ 11.24	$ 8.79	$ 9.73
Risk-free interest rate	1.04%	0.54%	0.54%
Expected volatility	45.65%	50.19%	71.29%
Expected life of options in years	3 years 8 months 16 days	3 years 8 months 9 days	3 years 7 months 24 days
Expected dividend yield	0.00%	0.00%	0.00%

Summary of Stock Option Activity (Detail) (Employee Stock Option, USD $) In Millions, except Share data in Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2014
Employee Stock Option
Shares
Outstanding at December 31, 2013	2,698
Granted	756
Exercised	(272)
Forfeited and expired	(366)
Outstanding at December 31, 2014	2,816
Expected to vest at December 31, 2014	1,335
Exercisable at December 31, 2014	1,456
Weighted-Average Exercise Price
Outstanding at December 31, 2013	$ 32.74
Granted	$ 32.20
Exercised	$ 14.25
Forfeited and expired	$ 70.30
Outstanding at December 31, 2014	$ 29.51
Expected to vest at December 31, 2014	$ 27.37
Exercisable at December 31, 2014	$ 31.47
Weighted-Average Remaining Contractual Term (years)
Outstanding at December 31, 2014	2 years 4 months 13 days
Expected to vest at December 31, 2014	3 years 5 months 27 days
Exercisable at December 31, 2014	1 year 3 months 22 days
Aggregate Intrinsic Value
Outstanding at December 31, 2014	$ 9.1
Expected to vest at December 31, 2014	4.7
Exercisable at December 31, 2014	$ 4.4

Summary of Restricted Stock Unit Activity (Detail) (Restricted Stock Units, USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2014
Restricted Stock Units
Restricted Stock Units
Outstanding at December 31, 2013	401
Granted	397
Vested	(124)
Forfeited and expired	(320)
Outstanding at December 31, 2014	354
Weighted-Average Grant-Date Fair Value
Outstanding at December 31, 2013	$ 23.45
Granted	$ 32.16
Vested	$ 26.76
Forfeited and expired	$ 27.03
Outstanding at December 31, 2014	$ 28.81

Funded Status of the Plan and Amounts Recognized in Consolidated Balance Sheet (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Amounts recognized in the consolidated balance sheets consist of:
Other accrued liabilities	$ (22.6)	$ (25.1)
Long-term postretirement liabilities	(2,369.9)	(1,697.2)
U.S. Plans
Change in accumulated benefit obligation
Benefit obligation at beginning of year	5,158.8	5,646.8
Interest cost	248.3	220.4	252.9
Plan amendment	(46.3)
Actuarial loss (gain)	670.0	(355.9)
Benefits paid	(365.3)	(352.5)
Benefit obligation at end of year	5,665.5	5,158.8	5,646.8
Change in plan assets
Fair value of plan assets at beginning of year	4,048.0	3,786.7
Actual return on plan assets	299.9	572.6
Employer contribution	87.1	41.2
Benefits paid	(365.3)	(352.5)
Fair value of plan assets at end of year	4,069.7	4,048.0	3,786.7
Funded status at end of year	(1,595.8)	(1,110.8)
Amounts recognized in the consolidated balance sheets consist of:
Other accrued liabilities	(6.9)	(6.9)
Long-term postretirement liabilities	(1,588.9)	(1,103.9)
Total funded status	(1,595.8)	(1,110.8)
Accumulated other comprehensive loss, net of tax
Net loss	2,973.5	2,425.9
Prior service (credit) cost	(44.5)	1.4
Accumulated benefit obligation	5,665.5	5,158.8
International Plans
Change in accumulated benefit obligation
Benefit obligation at beginning of year	3,059.2	2,945.4
Service cost	8.4	10.4	8.6
Interest cost	117.9	106.6	113.1
Plan participants' contributions	3.1	3.1
Plan amendment	(1.0)	(6.3)
Plan curtailment	(0.3)
Actuarial loss (gain)	559.4	(19.3)
Benefits paid	(115.4)	(100.8)
Foreign currency translation adjustments	(276.4)	120.1
Benefit obligation at end of year	3,354.9	3,059.2	2,945.4
Change in plan assets
Fair value of plan assets at beginning of year	2,681.8	2,399.2
Actual return on plan assets	278.0	166.3
Employer contribution	96.3	106.0
Plan participants' contributions	3.1	3.1
Benefits paid	(115.4)	(100.8)
Foreign currency translation adjustments	(224.9)	108.0
Fair value of plan assets at end of year	2,718.9	2,681.8	2,399.2
Funded status at end of year	(636.0)	(377.4)
Amounts recognized in the consolidated balance sheets consist of:
Prepaid postretirement assets	18.9	82.6
Other accrued liabilities	(0.2)	(0.2)
Long-term postretirement liabilities	(654.7)	(459.8)
Total funded status	(636.0)	(377.4)
Accumulated other comprehensive loss, net of tax
Net loss	1,076.1	817.7
Prior service (credit) cost	(12.8)	(16.0)
Accumulated benefit obligation	3,349.3	3,051.5
Other Postretirement Benefit Plans
Change in accumulated benefit obligation
Benefit obligation at beginning of year	159.7	180.5
Service cost	0.6	0.6	0.5
Interest cost	7.6	7.9	8.7
Plan participants' contributions	4.6	4.9
Actuarial loss (gain)	(2.4)	(11.5)
Federal drug subsidy	1.4	1.8
Benefits paid	(20.0)	(23.2)
Foreign currency translation adjustments	(1.5)	(1.3)
Benefit obligation at end of year	150.0	159.7	180.5
Change in plan assets
Fair value of plan assets at beginning of year	9.2	9.7
Actual return on plan assets		(0.2)
Employer contribution	15.3	18.0
Plan participants' contributions	4.6	4.9
Benefits paid	(20.0)	(23.2)
Fair value of plan assets at end of year	9.1	9.2	9.7
Funded status at end of year	(140.9)	(150.5)
Amounts recognized in the consolidated balance sheets consist of:
Prepaid postretirement assets	1.0	1.1
Other accrued liabilities	(15.6)	(18.0)
Long-term postretirement liabilities	(126.3)	(133.6)
Total funded status	(140.9)	(150.5)
Accumulated other comprehensive loss, net of tax
Net loss	32.0	36.7
Prior service (credit) cost	$ 1.2	$ 3.0

Schedule of Accumulated and Projected Benefit Obligation in Excess of Plan Assets (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Schedule of Pension Plans with Accumulated and Projected Benefit Obligations in Excess of Plan Assets [Line Items]
Accumulated benefit obligation	$ 8,412.6	$ 7,210.4
Fair value of plan assets	6,167.2	5,646.7
Projected benefit obligation	8,417.9	7,217.4
Fair value of plan assets	$ 6,167.2	$ 5,646.7

Components of Net Periodic Benefit Expense (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service (credit)	$ (2.5)
Recognized net actuarial loss	(149.9)
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost	248.3	220.4	252.9
Expected return on assets	(287.1)	(291.5)	(285.7)
Amortization of prior service (credit)	(0.4)	0.7	0.7
Recognized net actuarial loss	109.7	139.0	124.0
Net periodic benefit cost	70.5	68.6	91.9
International Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	8.4	10.4	8.6
Interest cost	117.9	106.6	113.1
Expected return on assets	(160.5)	(141.9)	(136.1)
Amortization of prior service (credit)	(2.1)	(2.1)	(0.5)
Recognized net actuarial loss	40.2	51.9	36.9
Curtailment gain	(0.6)		(5.7)
Net periodic benefit cost	3.3	24.9	16.3
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	0.6	0.6	0.5
Interest cost	7.6	7.9	8.7
Expected return on assets	(0.5)	(0.5)	(0.5)
Amortization of prior service (credit)	1.7	1.8	1.8
Recognized net actuarial loss	1.7	4.5	3.2
Net periodic benefit cost	$ 11.1	$ 14.3	$ 13.7

Schedule of Weighted-Average Assumptions (Detail)	12 Months Ended
Schedule of Weighted-Average Assumptions (Detail)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other Postretirement Benefit Plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate, net periodic benefit cost	5.86%	5.15%	5.84%
Expected long-term rate of return on assets, net periodic benefit cost	6.75%	6.75%	6.75%
Discount rate, benefit obligations	5.27%	5.86%	5.15%
U.S. Plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate, net periodic benefit cost	5.02%	4.01%	4.96%
Expected long-term rate of return on assets, net periodic benefit cost	7.72%	8.00%	8.00%
Discount rate, benefit obligations	4.09%	5.02%	4.01%
International Plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate, net periodic benefit cost	4.15%	3.92%	4.65%
Rate of compensation increase, net periodic benefit cost	2.08%	2.06%	2.66%
Expected long-term rate of return on assets, net periodic benefit cost	6.45%	6.40%	6.59%
Discount rate, benefit obligations	3.05%	4.15%	3.92%
Rate of compensation increase, benefit obligations	1.68%	2.08%	2.06%

Company's Investment Policy Targets and Ranges for Each Asset Category (Detail)	12 Months Ended
	Dec. 31, 2014
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	38.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	32.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	44.00%
International Plans \| Debt Securities
Schedule of Defined Benefit Plan Asset Allocation Targets [Line Items]
Defined benefit plan target allocation percentage of assets	55.00%
Defined Benefit Plan Target Plan Asset Allocations Range Minimum	48.00%
Defined Benefit Plan Target Plan Asset Allocations Range Maximum	62.00%
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) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014
U.S. Plans
Schedule of Pension Expected Future Benefit Payments [Line Items]
Expected future benefit payments, 2015	$ 362.7
Expected future benefit payments, 2016	363.7
Expected future benefit payments, 2017	365.7
Expected future benefit payments, 2018	366.4
Expected future benefit payments, 2019	367.2
Expected future benefit payments, 2020 - 2024	1,839.4
International Plans
Schedule of Pension Expected Future Benefit Payments [Line Items]
Expected future benefit payments, 2015	103.2
Expected future benefit payments, 2016	106.0
Expected future benefit payments, 2017	109.1
Expected future benefit payments, 2018	112.0
Expected future benefit payments, 2019	115.4
Expected future benefit payments, 2020 - 2024	615.9
Other Postretirement Benefit Plans
Schedule of Pension Expected Future Benefit Payments [Line Items]
Expected future benefit payments, 2015	19.6
Expected future benefit payments, 2016	17.2
Expected future benefit payments, 2017	16.6
Expected future benefit payments, 2018	15.8
Expected future benefit payments, 2019	15.0
Expected future benefit payments, 2020 - 2024	53.9
Gross Medicare Part D Receipts, 2015	1.3
Gross Medicare Part D Receipts, 2016	1.2
Gross Medicare Part D Receipts, 2017	1.1
Gross Medicare Part D Receipts, 2018	1.0
Gross Medicare Part D Receipts, 2019	0.9
Gross Medicare Part D Receipts, 2020 - 2024	$ 2.7

Assumed Health Care Cost Trend Rates (Detail)	12 Months Ended
Assumed Health Care Cost Trend Rates (Detail)	Dec. 31, 2014	Dec. 31, 2013
Schedule of Other Postretirement Benefits Expected Benefit Payments[Line Items]
Health care cost trend rate assumed for next year	6.40%	6.60%
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) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014
Assumed Health Care Cost Trend Rates, Effect of One Percentage Point Change [Line Items]
Effect on service and interest cost, 1-Percentage-Point Increase	$ 0.3
Effect on postretirement benefit obligation, 1-Percentage-Point Increase	3.3
Effect on service and interest cost, 1-Percentage-Point Decrease	(0.2)
Effect on postretirement benefit obligation, 1-Percentage-Point Decrease	$ (4.4)

Summary of Changes in Fair Value of Plans' Level 3 Assets (Detail) (USD $) In Millions, unless otherwise specified										12 Months Ended
	Dec. 31, 2014 U.S. Plans	Dec. 31, 2013 U.S. Plans	Dec. 31, 2012 U.S. Plans	Dec. 31, 2014 Other Postretirement Benefit Plans	Dec. 31, 2013 Other Postretirement Benefit Plans	Dec. 31, 2012 Other Postretirement Benefit Plans	Dec. 31, 2014 International Plans	Dec. 31, 2013 International Plans	Dec. 31, 2012 International Plans	Dec. 31, 2014 Fair Value, Inputs, Level 3 U.S. Plans	Dec. 31, 2013 Fair Value, Inputs, Level 3 U.S. Plans	Dec. 31, 2014 Fair Value, Inputs, Level 3 U.S. Plans Real Estate	Dec. 31, 2013 Fair Value, Inputs, Level 3 U.S. Plans Real Estate	Dec. 31, 2014 Fair Value, Inputs, Level 3 U.S. Plans Private Equity	Dec. 31, 2013 Fair Value, Inputs, Level 3 U.S. Plans Private Equity	Dec. 31, 2014 Fair Value, Inputs, Level 3 U.S. Plans Insurance Contracts	Dec. 31, 2013 Fair Value, Inputs, Level 3 U.S. Plans Insurance Contracts	Dec. 31, 2014 Fair Value, Inputs, Level 3 Other Postretirement Benefit Plans Insurance Contracts	Dec. 31, 2013 Fair Value, Inputs, Level 3 Other Postretirement Benefit Plans Insurance Contracts	Dec. 31, 2014 Fair Value, Inputs, Level 3 International Plans	Dec. 31, 2013 Fair Value, Inputs, Level 3 International Plans	Dec. 31, 2014 Fair Value, Inputs, Level 3 International Plans Real Estate	Dec. 31, 2013 Fair Value, Inputs, Level 3 International Plans Real Estate	Dec. 31, 2014 Fair Value, Inputs, Level 3 International Plans Insurance Contracts	Dec. 31, 2013 Fair Value, Inputs, Level 3 International Plans Insurance Contracts	Dec. 31, 2014 Fair Value, Inputs, Level 3 International Plans Commingled Funds	Dec. 31, 2013 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	$ 4,069.7	$ 4,048.0	$ 3,786.7	$ 9.1	$ 9.2	$ 9.7	$ 2,718.9	$ 2,681.8	$ 2,399.2	$ 130.7	$ 146.5	$ 34.7	$ 34.8	$ 16.5	$ 20.8	$ 79.5	$ 90.9	$ 7.5	$ 7.9	$ 244.3	$ 235.9	$ 42.8	$ 31.1	$ 151.3	$ 146.7	$ 50.2	$ 58.1
Realized gains (losses)										(19.6)	(17.0)	4.7	0.5	(24.4)	(17.5)	0.1			(0.2)	(0.1)	0.4	(0.2)				0.1	0.4
Purchases or acquisitions																		0.2	0.2	23.3	16.1	15.3	9.5	7.0	6.6	1.0
Sales or dispositions										(74.6)	(14.9)	(4.9)	(2.4)	(6.7)	(5.8)	(63.0)	(6.7)	(0.4)	(0.4)	(28.8)	(25.0)	(15.5)		(13.0)	(12.7)	(0.3)	(12.3)
Currency and unrealized gains (losses) relating to instruments still held at end of year										27.9	16.1	(0.3)	1.8	27.4	19.0	0.8	(4.7)			(11.7)	16.9	(1.6)	2.2	(9.8)	10.7	(0.3)	4.0
Fair value of plan assets at end of year	$ 4,069.7	$ 4,048.0	$ 3,786.7	$ 9.1	$ 9.2	$ 9.7	$ 2,718.9	$ 2,681.8	$ 2,399.2	$ 64.4	$ 130.7	$ 34.2	$ 34.7	$ 12.8	$ 16.5	$ 17.4	$ 79.5	$ 7.3	$ 7.5	$ 227.0	$ 244.3	$ 40.8	$ 42.8	$ 135.5	$ 151.3	$ 50.7	$ 50.2

Stockholder's Equity - Additional Information (Detail) (USD $) In Millions, except Share data, unless otherwise specified	0 Months Ended	12 Months Ended		25 Months Ended
	Mar. 01, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Mar. 01, 2014	Dec. 10, 2012 Board of Directors Maximum
Schedule Of Stockholders Equity [Line Items]
Common stock, shares authorized		100,000,000	100,000,000	100,000,000
Common stock, par value		$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized		40,000,000		40,000,000
Preferred stock, par value		$ 1		$ 1
Unissued common stock reserved for stock - based incentive plans and convertible preferred stock issuance		6,300,000		6,300,000
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. 01, 2014
Common stock repurchase authorized amount						$ 50
Common stock repurchased, shares				2,200,000
Common stock repurchased, value		$ 35.7	$ 11.7	$ 47.3

Accumulated Other Comprehensive Income (Loss) (Detail) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	$ (3,333.4)	$ (4,133.6)	$ (3,700.9)
Other comprehensive income before reclassifications	(638.8)	985.1	(275.9)
Amounts reclassified from accumulated other comprehensive income	(141.2)	(184.9)	(156.8)
Current period other comprehensive income	(780.0)	800.2	(432.7)
Ending balance	(4,113.4)	(3,333.4)	(4,133.6)
Translation Adjustments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(676.8)	(634.3)	(649.1)
Other comprehensive income before reclassifications	(61.0)	(42.5)	14.8
Current period other comprehensive income	(61.0)	(42.5)	14.8
Ending balance	(737.8)	(676.8)	(634.3)
Postretirement Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	(2,656.6)	(3,499.3)	(3,051.8)
Other comprehensive income before reclassifications	(577.8)	1,027.6	(290.7)
Amounts reclassified from accumulated other comprehensive income	(141.2)	(184.9)	(156.8)
Current period other comprehensive income	(719.0)	842.7	(447.5)
Ending balance	$ (3,375.6)	$ (2,656.6)	$ (3,499.3)

- 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, unless otherwise specified

12 Months Ended

Dec. 31, 2014

Dec. 31, 2013

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

Amortization of prior service cost

$ (0.7)

^[1]

$ 0.4

^[1]

Amortization of actuarial losses

148.3

^[1]

191.4

^[1]

Curtailment gain

(0.6)

^[1]

Total before tax

147.0

191.8

Income tax benefit

(5.8)

(6.9)

Net of tax

$ 141.2

$ 184.9

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

- Definition

Amount before tax of reclassification adjustment from accumulated other comprehensive (income) loss for prior service cost (credit) related to pension and other postretirement benefit plans.

+ References+ Details

- Definition

Amount before tax of gain (loss) adjustment to other comprehensive income (loss) resulting from settlement or curtailment of defined benefit pension and other postretirement defined benefit plans.

+ References+ Details

- Definition

Amount before tax of reclassification adjustment from accumulated other comprehensive income (loss) for actuarial gain (loss) related to pension and other postretirement benefit plans.

+ References+ Details

Changes in Preferred Stock, Common Stock and Treasury Stock (Detail) In Millions, unless otherwise specified	25 Months Ended	12 Months Ended			12 Months Ended
	Dec. 31, 2014	Dec. 31, 2014 Preferred Stock	Dec. 31, 2012 Preferred Stock	Dec. 31, 2011 Preferred Stock	Dec. 31, 2014 Common Stock	Dec. 31, 2013 Common Stock	Dec. 31, 2012 Common Stock	Dec. 31, 2014 Treasury Stock	Dec. 31, 2013 Treasury Stock	Dec. 31, 2012 Treasury Stock
Stock Option Activity And Changes [Line Items]
Beginning Balance		2.6	2.6	2.6	45.1	44.3	43.8	1.1	0.4	0.3
Common stock repurchases	2.2							1.6	0.6
Stock-based compensation					0.4	0.8	0.5		0.1	0.1
Preferred stock conversion		(2.6)			6.9
Ending Balance			2.6	2.6	52.4	45.1	44.3	2.7	1.1	0.4

- Definition

Number of shares issued during the period as a result of the conversion of convertible securities.

+ References+ Details

Consolidated Statements of Comprehensive Income (Parenthetical) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Postretirement adjustments, tax	$ (42.5)	$ 14.6	$ (28.3)

Components Of Long-Term Debt (Parenthetical) (Detail)	12 Months Ended
Components Of Long-Term Debt (Parenthetical) (Detail)	Dec. 31, 2014	Dec. 31, 2013
Debt Instrument [Line Items]
Interest rate of the debt instruments	6.25%
6.25% Senior Notes Due 2017
Debt Instrument [Line Items]
Senior notes, maturity year	2017	2017
Interest rate of the debt instruments	6.25%	6.25%

Schedule of Plans' Assets (Liabilities) at Fair Value (Detail) (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Other Postretirement Benefit Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	$ 9.1	$ 9.2
Other Postretirement Benefit Plans \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		7.5
Other Postretirement Benefit Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1.8	0.4
Other Postretirement Benefit Plans \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.3
Other Postretirement Benefit Plans \| Exchange Traded Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.3
U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	4,069.7	4,048.0
U.S. Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,837.4	1,916.2
U.S. Plans \| Equity Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	461.6	494.3
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	148.8
U.S. Plans \| Debt Securities \| Other Fixed Income
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,025.3	978.1
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	79.5
U.S. Plans \| Real Estate
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	34.2	34.7
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	169.1	145.7
U.S. Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	102.1	93.3
U.S. Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	18.2	(4.2)
U.S. Plans \| Other \| Private Equity
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	12.8	16.5
U.S. Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	297.2	236.1
U.S. Plans \| Cash
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	(1.3)	5.7
U.S. Plans \| Receivables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	77.4	45.5
U.S. Plans \| Payables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	(158.6)	(142.2)
International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	2,718.9	2,681.8
International Plans \| Equity Securities \| Common Stock
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1.6	1.8
International Plans \| Equity Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,054.8	1,046.7
International Plans \| Debt Securities \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	991.1	983.7
International Plans \| Debt Securities \| Other Fixed Income
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	330.4	268.9
International Plans \| Debt Securities \| Insurance Contracts
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	135.5	151.3
International Plans \| Real Estate
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	40.8	42.8
International Plans \| Real Estate \| Real Estate Investments Trust
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1.3	1.3
International Plans \| Other \| Commingled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	136.5	141.0
International Plans \| Other \| Derivative
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	7.2	19.1
International Plans \| Pooled Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1.2	3.2
International Plans \| Cash
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	18.6	22.1
International Plans \| Payables
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	(0.1)	(0.1)
Fair Value, Inputs, Level 1 \| Other Postretirement Benefit Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.3
Fair Value, Inputs, Level 1 \| Other Postretirement Benefit Plans \| Exchange Traded Funds
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total		1.3
Fair Value, Inputs, Level 1 \| U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	2,101.0	2,115.2
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	1,831.6	1,916.2
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	148.8
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	169.1	145.7
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	5.9	(4.5)
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	(1.3)	5.7
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	77.4	45.5
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	(158.6)	(142.2)
Fair Value, Inputs, Level 1 \| International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	21.4	25.1
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	1.6	1.8
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	1.3	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	18.6	22.1
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)	(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	0.4
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	0.4
Fair Value, Inputs, Level 2 \| U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	1,904.3	1,802.1
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
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	461.6	494.3
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	1,025.3	978.1
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	102.1	93.3
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	12.3	0.3
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	297.2	236.1
Fair Value, Inputs, Level 2 \| International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	2,470.5	2,412.4
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	1,054.8	1,046.7
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	991.1	983.7
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	330.4	268.9
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	85.8	90.8
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	7.2	19.1
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	3.2
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	7.5
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		7.5
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	7.3
Fair Value, Inputs, Level 3 \| U.S. Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	64.4	130.7
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	79.5
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	34.2	34.7
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	12.8	16.5
Fair Value, Inputs, Level 3 \| International Plans
Fair Value Hierarchy Of Plan Assets By Category [Line Items]
Fair value of plan assets total	227.0	244.3
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	135.5	151.3
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	40.8	42.8
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	$ 50.7	$ 50.2