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Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2014
Statement of Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in accumulated other comprehensive income (loss) ("AOCI") for the first quarter of 2014 were as follows:
 
MCBC shareholders
 
Foreign
currency
translation
adjustments
 
Gain (loss) on
derivative
instruments
 
Pension and
postretirement
benefit
adjustments
 
Equity method
investments
 
Accumulated
other
comprehensive
income (loss)
 
(In millions)
As of December 31, 2013
$
979.1

 
$
14.6

 
$
(556.3
)
 
$
(282.5
)
 
$
154.9

Foreign currency translation adjustments
(126.8
)
 
(8.9
)
 
0.1

 
—

 
(135.6
)
Unrealized gain (loss) on derivative instruments
—

 
21.5

 
—

 
—

 
21.5

Reclassification of derivative (gain) loss to income
—

 
(4.7
)
 
—

 
—

 
(4.7
)
Amortization of net prior service (benefit) cost and net actuarial (gain) loss to income
—

 
—

 
8.3

 
—

 
8.3

Ownership share of unconsolidated subsidiaries' other comprehensive income (loss)
—

 
—

 
—

 
4.5

 
4.5

Tax benefit (expense)
(46.4
)
 
(5.5
)
 
(0.7
)
 
(2.9
)
 
(55.5
)
As of March 31, 2014
$
805.9

 
$
17.0

 
$
(548.6
)
 
$
(280.9
)
 
$
(6.6
)
Schedule of Reclassifications from Accumulated Other Comprehensive Income to Earnings
Reclassifications from AOCI to income for the three months ended March 31, 2014, and March 30, 2013, were as follows:
 
 
Three Months Ended
 
 
 
 
March 31, 2014
 
March 30, 2013
 
 
 
 
Reclassifications from AOCI
 
Location of gain (loss)
recognized in income
 
 
(In millions)
 
 
Gain/(loss) on cash flow hedges:
 
 
 
 
 
 
Forward starting interest rate swaps
 
$
(0.4
)
 
$
(0.4
)
 
Interest expense, net
Foreign currency forwards
 
1.6

 
(0.1
)
 
Other income (expense), net
Foreign currency forwards
 
3.3

 
0.5

 
Cost of goods sold
Commodity swaps
 
0.2

 
(0.2
)
 
Cost of goods sold
Total income (loss) reclassified, before tax
 
4.7

 
(0.2
)
 
 
Income tax benefit (expense)
 
(1.5
)
 
0.1

 
 
Net income (loss) reclassified, net of tax
 
$
3.2

 
$
(0.1
)
 
 
 
 
 
 
 
 
 
Amortization of defined benefit pension and other postretirement benefit plan items:
 
 
 
 
 
 
Prior service benefit (cost)
 
$
0.6

 
$
0.7

 
(1)
Net actuarial gain (loss)
 
(8.9
)
 
(14.2
)
 
(1)
Total income (loss) reclassified, before tax
 
(8.3
)
 
(13.5
)
 
 
Income tax benefit (expense)
 
0.7

 
2.9

 
 
Net income (loss) reclassified, net of tax
 
$
(7.6
)
 
$
(10.6
)
 
 
 
 
 
 
 
 
 
Total income (loss) reclassified, net of tax
 
$
(4.4
)
 
$
(10.7
)
 
 
(1)
These components of AOCI are included in the computation of net periodic pension and other postretirement benefit cost. See Note 14, "Pension and Other Postretirement Benefits" for additional details.