Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2015

Statement of Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

12. Accumulated Other Comprehensive Income (Loss) ("AOCI")

	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, 2014	$	129.8		$	15.0		$	(658.5	)	$	(384.7	)	$	(898.4	)
Foreign currency translation adjustments	(393.5		)	—			—			—			(393.5		)
Unrealized gain (loss) on derivative instruments	—			10.7			—			—			10.7
Reclassification of derivative (gain) loss to income	—			(4.2		)	—			—			(4.2		)
Pension and other postretirement benefit adjustments	—			—			(2.2		)	—			(2.2		)
Amortization of net prior service (benefit) cost and net actuarial (gain) loss to income	—			—			23.3			—			23.3
Ownership share of unconsolidated subsidiaries' other comprehensive income (loss)	—			—			—			(0.5		)	(0.5		)
Tax benefit (expense)	(31.1		)	(0.9		)	(4.6		)	0.2			(36.4		)
As of June 30, 2015	$	(294.8	)	$	20.6		$	(642.0	)	$	(385.0	)	$	(1,301.2	)

Schedule of Reclassifications from Accumulated Other Comprehensive Income to Earnings

	Three Months Ended						Six Months Ended
	June 30, 2015			June 30, 2014			June 30, 2015			June 30, 2014
	Reclassifications from AOCI												Location of gain (loss) recognized in income
	(In millions)
Gain/(loss) on cash flow hedges:
Forward starting interest rate swaps	$	(0.3	)	$	(0.4	)	$	(0.6	)	$	(0.8	)	Interest expense, net
Foreign currency forwards	(2.9		)	0.7			(5.3		)	2.3			Other income (expense), net
Foreign currency forwards	5.4			3.0			10.1			6.3			Cost of goods sold
Commodity swaps	—			0.2			—			0.4			Cost of goods sold
Total income (loss) reclassified, before tax	2.2			3.5			4.2			8.2
Income tax benefit (expense)	(0.6		)	(1.1		)	(1.2		)	(2.6		)
Net income (loss) reclassified, net of tax	$	1.6		$	2.4		$	3.0		$	5.6
Amortization of defined benefit pension and other postretirement benefit plan items:
Prior service benefit (cost)	$	(0.1	)	$	0.5		$	(0.2	)	$	1.1		(1)
Net actuarial gain (loss)	(11.9		)	(9.0		)	(23.1		)	(17.9		)	(1)
Total income (loss) reclassified, before tax	(12.0		)	(8.5		)	(23.3		)	(16.8		)
Income tax benefit (expense)	2.7			0.7			5.0			1.4
Net income (loss) reclassified, net of tax	$	(9.3	)	$	(7.8	)	$	(18.3	)	$	(15.4	)
Total income (loss) reclassified, net of tax	$	(7.7	)	$	(5.4	)	$	(15.3	)	$	(9.8	)

(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.