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Comprehensive Income
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Comprehensive Income
Comprehensive Income:

The following table provides information on items not reclassified in their entirety from AOCL to Net income in the accompanying Consolidated Statements of Operations (in millions):
 
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
Affected Line Item(s) in the Consolidated Statements of Operations
 
 
2017
 
2016
 
2017
 
2016
 
Gains/(Losses) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Commodity futures contracts
 
$
3.5

 
$
(2.4
)
 
$
9.4

 
$
(10.6
)
 
Cost of goods sold
Income tax (expense)/benefit
 
(1.3
)
 
0.8

 
(3.4
)
 
3.7

 
Provision for income taxes
Net of tax
 
$
2.2

 
$
(1.6
)
 
$
6.0

 
$
(6.9
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Defined Benefit Plan items:
 
 
 
 
 
 
 
 
 
 
Pension and post-retirement benefit costs
 
$
(1.8
)
 
$
(1.6
)
 
$
(5.5
)
 
$
(4.8
)
 
Cost of goods sold; Selling, general and administrative expenses
Income tax benefit
 
0.7

 
0.6

 
2.0

 
1.7

 
Provision for income taxes
Net of tax
 
$
(1.1
)
 
$
(1.0
)
 
$
(3.5
)
 
$
(3.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications from AOCL
 
$
1.1

 
$
(2.6
)
 
$
2.5

 
$
(10.0
)
 
 


The following table provides information on changes in AOCL, by component (net of tax), for the nine months ended September 30, 2017 (in millions):
 
 
Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains on Available-for-Sale Securities
 
Defined Benefit Pension Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCL
Balance as of December 31, 2016
 
$
5.6

 
$
2.3

 
$
(130.0
)
 
$
(73.0
)
 
$
(195.1
)
Other comprehensive income (loss) before reclassifications
 
6.7

 
0.2

 
(5.7
)
 
39.4

 
40.6

Amounts reclassified from AOCL
 
(6.0
)
 

 
3.5

 

 
(2.5
)
Net other comprehensive income (loss)
 
0.7

 
0.2

 
(2.2
)
 
39.4

 
38.1

Balance as of September 30, 2017
 
$
6.3

 
$
2.5

 
$
(132.2
)
 
$
(33.6
)
 
$
(157.0
)