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Reclassifications from Accumulated Other Comprehensive Income (AOCI) (Tables)
3 Months Ended
Sep. 30, 2013
Reclassifications from Accumulated Other Comprehensive Income (AOCI)  
Schedule of changes in AOCI by component, net of tax

 

 

(in millions) (a)

 

Cash flow
hedging
items

 

Pension and
other
postretirement
benefit plan
items

 

Unrealized
gains and
losses on
available-for-
sale securities

 

Foreign
currency
items

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2013

 

$

(41.5

)

 

$

(273.6

)

 

$

(0.4

)

 

$

(20.2

)

 

$

(335.7

)

Other comprehensive (loss) income before reclassifications

 

(1.2

)

 

-    

 

 

(0.1

)

 

3.5

 

 

2.2

 

Amounts reclassified from AOCI (b)

 

4.8

 

 

3.6

 

 

-    

 

 

-   

 

 

8.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net current-period other comprehensive income (loss)

 

3.6

 

 

3.6

 

 

(0.1

)

 

3.5

 

 

10.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at September 30, 2013

 

$

(37.9

)

 

$

(270.0

)

 

$

(0.5

)

 

$

(16.7

)

 

$

(325.1

)

 

(a)         All amounts are net of tax. Amounts in parentheses indicate debits.

(b)         See separate table below for further details.

 

Schedule of amounts reclassified from AOCI

 

(in millions) (a)

 

 

 

 

 

 

Details about AOCI Components

 

Amount
Reclassified
from AOCI

 

 

Location of
(loss) gain

 

 

 

 

 

 

 

 

Cash flow hedging items

 

 

 

 

 

 

Commodity contracts

 

$

(7.7

)

 

Cost of sales

 

Foreign exchange contracts

 

(0.1

)

 

Net sales

 

Forward interest rate swaps

 

0.1

 

 

Interest expense

 

 

 

(7.7

)

 

Total before tax

 

 

 

2.9

 

 

Tax benefit

 

 

 

$

(4.8

)

 

Net of tax

 

Amortization of pension and other postretirement benefit plan items

 

 

 

 

 

 

Net actuarial loss

 

$

(5.8

)

 

(b)

 

Prior service cost

 

(0.1

)

 

(b)

 

 

 

(5.9

)

 

Total before tax

 

 

 

2.3

 

 

Tax benefit

 

 

 

$

(3.6

)

 

Net of tax

 

 

(a)       Amounts in parentheses indicate debits to income/loss.

(b)      These AOCI components are included in the computation of net periodic benefit cost (See Note 6 for additional details).