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Reclassifications from Accumulated Other Comprehensive Income (AOCI) (Tables)
9 Months Ended
Mar. 31, 2014
Reclassifications from Accumulated Other Comprehensive Income (AOCI)  
Schedule of changes in AOCI by component, net of tax

 

 

 

 

 

 

 

 

Unrealized gains

 

 

 

 

 

 

 

 

 

Pension and other

 

and losses on

 

Foreign

 

 

 

 

 

Cash flow

 

postretirement benefit

 

available-for-sale

 

currency

 

 

 

($ in millions) (a)

 

hedging items

 

plan items

 

securities

 

items

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2013

 

$

(35.5

)

$

(266.1

)

$

(0.3

)

$

(15.3

)

$

(317.2

)

Other comprehensive (loss) income before reclassifications

 

17.0

 

 

 

(1.0

)

16.0

 

Amounts reclassified from AOCI (b)

 

3.5

 

3.7

 

 

 

7.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Net current-period other comprehensive income

 

20.5

 

3.7

 

 

(1.0

)

23.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Balances at March 31, 2014

 

$

(15.0

)

$

(262.4

)

$

(0.3

)

$

(16.3

)

$

(294.0

)

 

 

 

 

 

 

 

Unrealized gains

 

 

 

 

 

 

 

 

 

Pension and other

 

and losses on

 

Foreign

 

 

 

 

 

Cash flow

 

postretirement benefit

 

available-for-sale

 

currency

 

 

 

($ in millions) (a)

 

hedging items

 

plan items

 

securities

 

items

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 30, 2013

 

$

(41.5

)

$

(273.6

)

$

(0.4

)

$

(20.2

)

$

(335.7

)

Other comprehensive (loss) income before reclassifications

 

13.7

 

 

0.1

 

3.9

 

17.7

 

Amounts reclassified from AOCI (b)

 

12.8

 

11.2

 

 

 

24.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Net current-period other comprehensive income

 

26.5

 

11.2

 

0.1

 

3.9

 

41.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2014

 

$

(15.0

)

$

(262.4

)

$

(0.3

)

$

(16.3

)

$

(294.0

)

 

(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

 

 

 

 

 

 

Amount Reclassified from AOCI

 

($ in millions) (a)

 

Location of

 

Three Months Ended

 

Nine Months Ended

 

Details about AOCI Components

 

(loss) gain

 

March 31, 2014

 

March 31, 2014

 

Cash flow hedging items

 

 

 

 

 

 

 

Commodity contracts

 

Cost of sales

 

$

(5.4

)

$

(19.9

)

Foreign exchange contracts

 

Net sales

 

(0.3

)

$

(0.8

)

Forward interest rate swaps

 

Interest expense

 

0.1

 

$

0.3

 

 

 

Total before tax

 

(5.6

)

(20.4

)

 

 

Tax benefit

 

2.1

 

7.6

 

 

 

Net of tax

 

$

(3.5

)

$

(12.8

)

Amortization of pension and other postretirement

 

 

 

 

 

 

 

benefit plan items

 

 

 

 

 

 

 

Net actuarial loss

 

(b)

 

$

(5.8

)

$

(17.2

)

Prior service cost

 

(b)

 

(0.1

)

(0.4

)

 

 

Total before tax

 

(5.9

)

(17.6

)

 

 

Tax benefit

 

2.2

 

6.4

 

 

 

Net of tax

 

$

(3.7

)

$

(11.2

)

 

(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 8 for additional details).