Revenue from contracts with customers (Tables)
 3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue Disaggregated by Reportable Segment and Type of Service
(In millions)
Core Services
 
High-Value Services
 
Other Security Services
 
Total
Three months ended March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reportable Segments:
 
 
 
 
 
 
 
North America
$
190.0

 
130.1

 
—

 
320.1

South America
125.4

 
126.5

 
2.9

 
254.8

Rest of World
93.6

 
130.4

 
54.4

 
278.4

Total reportable segments
409.0

 
387.0

 
57.3

 
853.3

 
 
 
 
 
 
 
 
Not Allocated to Segments:
 
 
 
 
 
 
 
Venezuela
10.7

 
15.1

 
—

 
25.8

Total
$
419.7

 
402.1

 
57.3

 
879.1

 
 
 
 
 
 
 
 
Three months ended March 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reportable Segments:
 
 
 
 
 
 
 
North America
$
172.3

 
132.3

 
—

 
304.6

South America
96.8

 
101.4

 
4.0

 
202.2

Rest of World
78.7

 
111.0

 
43.8

 
233.5

Total reportable segments
347.8

 
344.7

 
47.8

 
740.3

 
 
 
 
 
 
 
 
Not Allocated to Segments:
 
 
 
 
 
 
 
Venezuela
24.1

 
24.0

 
—

 
48.1

Total
$
371.9

 
368.7

 
47.8

 
788.4
Contract with Customer, Asset and Liability
The opening and closing balances of receivables, contract assets and contract liabilities related to contracts with customers are as follows:
(In millions)
Receivables
 
Contract Asset
 
Contract Liability
 
 
 
 
 
 
Opening (January 1, 2018)
642.3

 
0.4

 
5.6

Closing (March 31, 2018)
633.9

 
1.5

 
6.9

Increase (decrease)
(8.4
)
 
1.1

 
1.3
Schedule of Prospective Adoption of New Accounting Pronouncements
The adoption of the new revenue recognition standard impacted our reported amounts in 2018 as follows:
(In millions)
As reported
 
Impact of New Revenue Recognition Standard
 
Pro Forma under Old Revenue Recognition Standard
Three months ended March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
Statement of Operations
 
 
 
 
 
Revenues
$
879.1

 
3.0

 
876.1

Operating profit
64.8

 
1.0

 
63.8

Net income attributable to Brink's
22.3

 
0.6

 
21.7

 
 
 
 
 
 
As of March 31, 2018
 
 
 
 
 
Balance Sheet
 
 
 
 
 
Prepaid expenses and other assets
$
151.8

 
1.5

 
150.3

Other assets
155.4

 
1.7

 
153.7

Retained earnings
582.9

 
2.1

 
580.8