Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2013

Accumulated Other Comprehensive Income Net Of Tax [Abstract]

Accumulated Other Comprehensive Income Loss [Text Block]

Note 12. Accumulated Other Comprehensive Income (Loss)

The changes in the accumulated other comprehensive income(loss) (AOCI) by component, net of tax, for the quarter ended March 31, 2013 were as follows:

	Post-		Currency		Unrealized
	retirement		translation		holding gains
	benefit plans		adjustment		on securities		Derivatives		Total
Attributable to ATI:
Balance, December 31, 2012	$	(1,030.0)	$	3.4	$	(0.1)	$	(2.7)	$	(1,029.4)
OCI before reclassifications		-		(13.5)		0.1		8.0		(5.4)
Amounts reclassified from AOCI	(a)	18.2	(b)	-	(b)	-	(c)	0.4		18.6
Net current-period OCI		18.2		(13.5)		0.1		8.4		13.2
Balance, March 31, 2013	$	(1,011.8)	$	(10.1)	$	-	$	5.7	$	(1,016.2)
Attributable to noncontrolling interests:
Balance, December 31, 2012	$	-	$	23.7	$	-	$	-	$	23.7
OCI before reclassifications		-		0.5		-		-		0.5
Amounts reclassified from AOCI		-	(b)	-		-		-		-
Net current-period OCI		-		0.5		-		-		0.5
Balance, March 31, 2013	$	-	$	24.2	$	-	$	-	$	24.2

• Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans (see Note 7).
• No amounts were reclassified to earnings.
• Amounts were included in cost of goods sold in the period or periods the hedged item affects earnings (see Note 5).

Reclassifications out of AOCI for the quarter ended March 31, 2013 were as follows:

Details about AOCI Components (in millions)			Amount reclassified from AOCI (c)		Affected line item in the income statement
Postretirement benefit plans		$
	Prior service (cost) credit		3.8	(a)
	Actuarial losses		(33.5)	(a)
			(29.7)	(c)	Total before tax
			(11.5)		Tax provision (benefit)
		$	(18.2)		Net of tax
Derivatives
	Nickel and other raw material contracts	$	0.1	(b)
	Natural gas contracts		(1.7)	(b)
	Electricity contracts		(0.3)	(b)
	Foreign exchange contracts		1.2	(b)
			(0.7)	(c)	Total before tax
			(0.3)		Tax provision (benefit)
		$	(0.4)		Net of tax

• Amounts are included in the computation of pension and other postretirement benefit expense, which is reported in both cost of goods sold and selling and administrative expenses. For additional information, see Note 7.
• Amounts are included in cost of goods sold in the period or periods the hedged item affects earnings. For additional information, see Note 5.
• For pretax items, positive amounts are income and negative amounts are expense in terms of the impact to net income. Tax effects are presented in conformity with ATI's presentation in the consolidated statements of income.