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Stockholders' Equity
 9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
STOCKHOLDERS' EQUITY
There were no cash dividends declared during the three and nine months ended September 30, 2013 and 2012.
Repurchases of shares of common stock under our share repurchase program were as follows: 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(In millions, except share data)
2013
 
2012
 
2013
 
2012
Shares of common stock repurchased
396,523

 
690,052

 
1,370,619

 
1,211,052

Value of common stock repurchased
$
21.9

 
$
31.0

 
$
70.8

 
$
52.0


As of September 30, 2013, our Board of Directors had authorized 75.0 million shares of common stock under our share repurchase program, and approximately 13.8 million shares of common stock remained available for purchase, which may be executed from time to time in the open market. We intend to hold repurchased shares in treasury for general corporate purposes, including issuances under our stock-based compensation plan. Treasury shares are accounted for using the cost method.
During the nine months ended September 30, 2013, 0.9 million shares of common stock were issued from treasury stock in connection with our stock-based compensation plan. During the year ended December 31, 2012, 1.4 million shares of common stock were issued from treasury stock.
Accumulated other comprehensive loss consisted of the following: 
(In millions)
Foreign Currency
Translation
 
Hedging
 
Defined Pension and Other Post-retirement Benefits
 
Accumulated Other
Comprehensive Loss
December 31, 2012
$
(104.6
)
 
$
10.0

 
$
(301.4
)
 
$
(396.0
)
Other comprehensive income (loss) before reclassifications, net of tax
(70.1
)
 
17.1

 
—

 
(53.0
)
Reclassification adjustment for net (gains) losses included in net income, net of tax
—

 
(1.7
)
 
15.0

 
13.3

Other comprehensive income (loss), net of tax
(70.1
)
 
15.4

 
15.0

 
(39.7
)
September 30, 2013
$
(174.7
)
 
$
25.4

 
$
(286.4
)
 
$
(435.7
)

Reclassifications out of accumulated other comprehensive loss consisted of the following:
 
 
Three Months Ended
 
Nine Months Ended
 
 
(In millions)
 
September 30, 2013
 
 
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified out of Accumulated Other Comprehensive Loss
 
Affected Line Item in the Condensed Consolidated Statement of Income
Gains (losses) on hedging instruments
 
 
 
 
 
 
Foreign exchange contracts:
 
$
(3.6
)
 
$
(5.1
)
 
Revenue
 
 
3.4

 
6.4

 
Costs of sales
 
 
—

 
0.1

 
Selling, general and administrative expense
 
 
(0.2
)
 
1.4

 
Income before income taxes
 
 
0.8

 
0.3

 
Income tax (expense) benefit
 
 
$
0.6

 
$
1.7

 
Net income
Defined pension and other post-retirement benefits
 
 
 
 
 
 
Amortization of actuarial loss
 
$
(7.8
)
 
$
(23.5
)
 
(a)
Amortization of prior service credit
 
0.1

 
0.4

 
(a)
 
 
(7.7
)
 
(23.1
)
 
Income before income taxes
 
 
2.7

 
8.1

 
Income tax (expense) benefit
 
 
$
(5.0
)
 
$
(15.0
)
 
Net income
_______________________
(a)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 9 for additional details).