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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Share Repurchase Program
In 2013 and 2012, we repurchased the following shares of common stock. In both years, all of the shares purchased were retired. No shares were repurchased in 2014. Share repurchase activity follows (in millions, except share and per share amounts).
 
Shares
 
Weighted Average Price Per Share
 
Total
2012
1,507,659

 
$
29.96

 
$
45.2

2013
171,263

 
45.54

 
7.8
Components of Changes in Accumulated Other Comprehensive Income (AOCI)
Changes in AOCI by component follows (dollars in millions). Amounts in parentheses indicate losses.
 
Foreign Currency Translation Adjustments
 
Unrealized Loss On Treasury Locks, Net
 
Unrealized Loss on Foreign Exchange Contracts
 
Unfunded Employee Benefit Obligations
 
Total
Balance at December 31, 2013
$
(0.1
)
 
$
(28.2
)
 
$
(0.4
)
 
$
(36.3
)
 
$
(65.0
)
Other comprehensive income (loss) before reclassifications, net of tax
(2.6
)
 
—

 
—

 
(94.0
)
 
(96.6
)
Amounts reclassified from AOCI, net of tax
—

 
3.5

 
—

 
4.2

 
7.7

Net current-period other comprehensive income (loss)
(2.6
)
 
3.5

 
—

 
(89.8
)
 
(88.9
)
Balance at December 31, 2014
$
(2.7
)
 
$
(24.7
)
 
$
(0.4
)
 
$
(126.1
)
 
$
(153.9
)
Reclassifications Out of Accumulated Other Comprehensive Income (AOCI)
The following table presents information about reclassifications out of AOCI (dollars in millions). Amounts in parentheses indicate expenses in the Consolidated Statements of Income.
 
 
Amounts Reclassified from AOCI
Year Ended December 31
 
 
Details about AOCI Components
 
2014
 
2013
 
Affected Line Item in the Statement Where Net Income is Presented
Unrealized loss on treasury locks, net
 
$
(5.7
)
 
$
(5.7
)
 
See (a) below
 
 
2.2

 
2.2

 
Tax benefit
 
 
$
(3.5
)
 
$
(3.5
)
 
Net of tax
 
 
 
 
 
 
 
Unfunded employee benefit obligations
 
 
 
 
 
 
Amortization of prior service costs
 
$
(6.3
)
 
$
(5.8
)
 
See (b) below
Amortization of actuarial gains / (losses)
 
(0.7
)
 
(5.2
)
 
See (b) below
Curtailment loss
 
—

 
(10.9
)
 
See (b) below
 
 
(7.0
)
 
(21.9
)
 
Total before tax
 
 
2.8

 
8.5

 
Tax benefit
 
 
$
(4.2
)
 
$
(13.4
)
 
Net of tax
____________
(a)
This AOCI component is included in interest expense, net. Amount relates to the amortization of the effective portion of treasury lock derivative instruments recorded in AOCI. The net amount of settlement gains or losses on derivative instruments included in AOCI to be amortized over the next 12 months is a net loss of $5.7 million ($3.4 million after-tax). For a discussion of treasury lock derivative instrument activity, see Note 13, Derivative Instruments and Hedging Activities, for additional information.
(b)
These AOCI components are included in the computation of net pension and postretirement benefit costs. See Note 11, Employee Benefit Plans and Other Postretirement Benefits, for additional information.