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OTHER COMPREHENSIVE INCOME INFORMATION (Tables)
3 Months Ended
Mar. 31, 2017
OTHER COMPREHENSIVE INCOME INFORMATION  
Schedule of other comprehensive income information related to the Company's derivatives and hedging instruments and pension and postretirement benefits

 

 

 

 

 

 

 

 

 

 

First Quarter Ended 

 

 

March 31

(millions)

    

2017

 

2016

Derivative and Hedging Instruments

 

 

 

 

 

 

 

Unrealized gains (losses) on derivative & hedging instruments

 

 

 

 

 

 

 

Amount recognized in AOCI

 

 

$ (15.4)

 

 

 

$ (12.0)

(Gains) losses reclassified from AOCI into income

 

 

 

 

 

 

 

Cost of sales

 

 

2.5

 

 

 

(12.7)

SG&A

 

 

(0.6)

 

 

 

10.6

Interest expense, net

 

 

0.4

 

 

 

0.1

 

 

 

2.3

 

 

 

(2.0)

Other activity

 

 

0.1

 

 

 

0.8

Tax impact

 

 

3.8

 

 

 

2.7

Net of tax

 

 

$ (9.2)

 

 

 

$ (10.5)

 

 

 

 

 

 

 

 

Pension and Postretirement Benefits

 

 

 

 

 

 

 

Amount reclassified from AOCI into income

 

 

 

 

 

 

 

Actuarial losses

 

 

11.0

 

 

 

10.9

Prior service costs

 

 

(6.1)

 

 

 

(2.0)

 

 

 

4.9

 

 

 

8.9

Tax impact

 

 

(1.6)

 

 

 

(3.3)

Net of tax

 

 

$ 3.3

 

 

 

$ 5.6

 

 

 

 

 

 

 

 

 

Summary of the net of tax derivative and pension and postretirement benefit amounts reclassified from AOCI into income

 

 

 

 

 

 

 

 

 

 

First Quarter Ended 

 

 

March 31

 

    

2017

 

2016

(millions)

 

 

 

 

 

 

 

Derivative losses (gains) reclassified from AOCI into income, net of tax

 

 

$ 1.6

 

 

 

$ (1.8)

 

 

 

 

 

 

 

 

Pension and postretirement benefits net actuarial losses

 

 

 

 

 

 

 

and prior services costs reclassified from AOCI into income, net of tax

 

 

$ 3.3

 

 

 

$ 5.6