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Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of, and changes in, accumulated other comprehensive income (loss) were as follows:
(in millions of dollars)
Derivative
Financial
Instruments
 
 
Foreign
Currency
Adjustments
 
Unrecognized
Pension and Other
Post-retirement
Benefit Costs
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance at December 31, 2013
$
0.3

 
$
(89.6
)
 
$
(96.3
)
 
$
(185.6
)
Other comprehensive income (loss) before reclassifications, net of tax
4.9

 
(76.4
)
 
(37.1
)
 
(108.6
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
(2.5
)
 
—

 
4.1

 
1.6

Balance at December 31, 2014
2.7

 
(166.0
)
 
(129.3
)
 
(292.6
)
Other comprehensive income (loss) before reclassifications, net of tax
5.8

 
(136.7
)
 
(0.5
)
 
(131.4
)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax
(7.7
)
 
—

 
2.5

 
(5.2
)
Balance at December 31, 2015
$
0.8

 
$
(302.7
)
 
$
(127.3
)
 
$
(429.2
)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
The reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013 were as follows:
 
 
Year Ended December 31,
 
 
(in millions of dollars)
 
2015
 
2014
 
2013
 
 
Details about Accumulated Other Comprehensive Income Components
Amount Reclassified from Accumulated Other Comprehensive Income
Location on Income Statement
Gain on cash flow hedges:
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
10.9

 
$
3.5

 
$
3.4

 
Cost of products sold
Tax expense
 
(3.2
)
 
(1.0
)
 
(1.0
)
 
Income tax expense
Net of tax
 
$
7.7

 
$
2.5

 
$
2.4

 
 
Defined benefit plan items:
 
 
 
 
 
 
 
 
Amortization of actuarial loss
 
$
(3.6
)
 
$
(5.9
)
 
$
(11.4
)
 
(1)
Amortization of prior service cost
 
(0.1
)
 
(0.3
)
 
(0.1
)
 
(1)
Total before tax
 
(3.7
)
 
(6.2
)
 
(11.5
)
 
 
Tax benefit
 
1.2

 
$
2.1

 
$
4.0

 
Income tax expense
Net of tax
 
$
(2.5
)
 
$
(4.1
)
 
$
(7.5
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period, net of tax
 
$
5.2

 
$
(1.6
)
 
$
(5.1
)
 
 

(1)
This accumulated other comprehensive income component is included in the computation of net periodic benefit cost (income) for pension and post-retirement plans (See "Note 4. Pension and Other Retiree Benefits" for additional details).