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Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Items not reclassified in their entirety from Accumulated Other Comprehensive Income to Net Income
The following table provides information on items not reclassified in their entirety from AOCI to Net Income in the accompanying Consolidated Statements of Operations (in millions):

 
 
For the Years Ended December 31,
 
 
AOCI Component
 
2016
 
2015
 
Affected Line Item(s) in the Consolidated Statements of Operations
Losses on cash flow hedges:
 
 
 
 
 
 
Commodity derivative contracts
 
$
(12.3
)
 
$
(12.5
)
 
Cost of goods sold
Income tax benefit
 
4.3

 
4.4

 
Provision for income taxes
Net of tax
 
$
(8.0
)
 
$
(8.1
)
 
 
 
 
 
 
 
 
 
Defined Benefit Plan Items:
 
 
 
 
 
 
Pension and Post-Retirement Benefits costs
 
$
(6.3
)
 
$
(9.7
)
 
Cost of goods sold; Selling, general and administrative expenses
Income tax benefit
 
2.2

 
3.4

 
Provision for income taxes
Net of tax
 
$
(4.1
)
 
$
(6.3
)
 
 
 
 
 
 
 
 
 
Total reclassifications from AOCI
 
$
(12.1
)
 
$
(14.4
)
 
 
Changes in AOCI by component (net of tax)
The following tables provide information on changes in AOCI, by component (net of tax), for the years ended December 31, 2016 and 2015 (in millions):

 
 
Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Defined Benefit Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCI
Balance as of December 31, 2015
 
$
(8.4
)
 
$
4.4

 
$
(139.3
)
 
$
(61.4
)
 
$
(204.7
)
Other comprehensive income (loss) before reclassifications
 
6.0

 
(2.1
)
 
5.2

 
(11.6
)
 
(2.5
)
Amounts reclassified from AOCI
 
8.0

 

 
4.1

 

 
12.1

Net other comprehensive income (loss)
 
14.0

 
(2.1
)
 
9.3

 
(11.6
)
 
9.6

Balance as of December 31, 2016
 
$
5.6

 
$
2.3

 
$
(130.0
)
 
$
(73.0
)
 
$
(195.1
)

 
 
Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Defined Benefit Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCI
Balance as of December 31, 2014
 
$
(4.6
)
 
$
3.2

 
$
(149.4
)
 
$
(2.7
)
 
$
(153.5
)
Other comprehensive income (loss) before reclassifications
 
(11.9
)
 
1.2

 
3.8

 
(58.7
)
 
(65.6
)
Amounts reclassified from AOCI
 
8.1

 

 
6.3

 

 
14.4

Net other comprehensive income (loss)
 
(3.8
)
 
1.2

 
10.1

 
(58.7
)
 
(51.2
)
Balance as of December 31, 2015
 
$
(8.4
)
 
$
4.4

 
$
(139.3
)
 
$
(61.4
)
 
$
(204.7
)