Other Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2013

Tabular disclosure of pre-tax, tax, and after-tax components of other comprehensive income (loss)

The following tables present the pre-tax, tax, and after-tax components of Grace's other comprehensive income for the three months ended March 31, 2013 and 2012:



Three Months Ended March 31, 2013 (In millions)	Pre-Tax Amount			Tax Benefit/ (Expense)			After-Tax Amount
Defined benefit pension and other postretirement plans:
Amortization of net prior service cost included in net periodic benefit cost	$	0.2		$	(0.1	)	$	0.1
Amortization of net deferred actuarial loss included in net periodic benefit cost	11.7			(4.0		)	7.7
Other changes in funded status	42.9			(14.5		)	28.4
Benefit plans, net	54.8			(18.6		)	36.2
Currency translation adjustments	(6.5		)	—			(6.5		)
Gain from hedging activities	0.6			(0.2		)	0.4
Other comprehensive income attributable to W. R. Grace & Co. shareholders	$	48.9		$	(18.8	)	$	30.1



Three Months Ended March 31, 2012 (In millions)	Pre-Tax Amount			Tax Benefit/ (Expense)			After-Tax Amount
Defined benefit pension and other postretirement plans:
Amortization of net prior service cost included in net periodic benefit cost	$	0.2		$	(0.1	)	$	0.1
Amortization of net deferred actuarial loss included in net periodic benefit cost	10.0			(3.4		)	6.6
Other changes in funded status	7.5			(4.1		)	3.4
Benefit plans, net	17.7			(7.6		)	10.1
Currency translation adjustments	6.2			—			6.2
Loss from hedging activities	(0.2		)	0.1			(0.1		)
Other comprehensive income attributable to W. R. Grace & Co. shareholders	$	23.7		$	(7.5	)	$	16.2

Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following tables present the amounts reclassified out of accumulated other comprehensive loss for the three months ended March 31, 2013 and 2012:



Three Months Ended March 31, 2013 (In millions)	Amount of Gain or (Loss) Reclassified From Accumulated OCI			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income
Defined benefit pension and other postretirement plans:
Amortization of net prior service cost	$	(0.2	)	Defined benefit pension expense
Amortization of net deferred actuarial loss	(11.7		)	Defined benefit pension expense
Total before tax	(11.9		)
Tax (expense) benefit	4.1
Net of tax	$	(7.8	)

Gain (loss) from hedging activities
Currency contracts	$	(0.2	)	Other income (expense)
Currency contracts	0.1			Cost of goods sold
Commodity contracts	(0.3		)	Cost of goods sold
Total before tax	(0.4		)
Tax (expense) benefit	0.1
Net of tax	(0.3		)
Total reclassifications for the period, net of tax	$	(8.1	)



Three Months Ended March 31, 2012 (In millions)	Amount of Gain or (Loss) Reclassified From Accumulated OCI			Location of Gain or (Loss) Reclassified from Accumulated OCI into Income
Defined benefit pension and other postretirement plans:
Amortization of net prior service cost	$	(0.2	)	Defined benefit pension expense
Amortization of net deferred actuarial loss	(10.0		)	Defined benefit pension expense
Total before tax	(10.2		)
Tax (expense) benefit	3.5
Net of tax	$	(6.7	)

Gain (loss) from hedging activities
Currency contracts	$	(0.2	)	Cost of goods sold
Commodity contracts	(2.2		)	Cost of goods sold
Total before tax	(2.4		)
Tax (expense) benefit	0.8
Net of tax	(1.6		)
Total reclassifications for the period, net of tax	$	(8.3	)

Schedule of components of accumulated other comprehensive loss

The following tables present the changes in accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2013 and 2012:



Three Months Ended March 31, 2013 (In millions)	Defined Benefit Pension and Other Postretirement Plans			Currency Translation Adjustments			Gains and Losses from Hedging Activities			Unrealized Loss on Investment			Total
Beginning balance	$	(641.8	)	$	35.6		$	(0.3	)	$	(0.8	)	$	(607.3	)
Other comprehensive income (loss) before reclassifications	28.4			(6.5		)	0.1			—			22.0
Amounts reclassified from accumulated other comprehensive loss	7.8			—			0.3			—			8.1
Net current-period other comprehensive income (loss)	36.2			(6.5		)	0.4			—			30.1
Ending balance	$	(605.6	)	$	29.1		$	0.1		$	(0.8	)	$	(577.2	)



Three Months Ended March 31, 2012 (In millions)	Defined Benefit Pension and Other Postretirement Plans			Currency Translation Adjustments		Gains and Losses from Hedging Activities			Unrealized Loss on Investment			Total
Beginning balance	$	(605.2	)	$	30.2	$	(2.7	)	$	(0.8	)	$	(578.5	)
Other comprehensive income (loss) before reclassifications	3.4			6.2		(1.7		)	—			7.9
Amounts reclassified from accumulated other comprehensive loss	6.7			—		1.6			—			8.3
Net current-period other comprehensive income (loss)	10.1			6.2		(0.1		)	—			16.2
Ending balance	$	(595.1	)	$	36.4	$	(2.8	)	$	(0.8	)	$	(562.3	)

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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