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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2013
Accumulated Other Comprehensive Loss

The following tables present changes in accumulated other comprehensive loss by component (net of tax) (in millions):

 

    Foreign
Currency
Adjustments
    Derivative
Instruments (a)
    Pension and
Other
Postretirement
Adjustments (b)
    Accumulated
Other
Comprehensive
Loss
 

Balance at June 30, 2013

  $ (179.8   $ 6.4      $ (116.0   $ (289.4

Other comprehensive (loss) income before reclassifications

    85.9        (1.9     —         84.0   

(Gains) losses reclassified from accumulated other comprehensive loss (net of tax (benefit) expense of $0, $1.0, $(0.6), and $0.4)

    —         (1.8     0.9        (0.9
 

 

 

   

 

 

   

 

 

   

 

 

 

Net current period other comprehensive (loss) income

    85.9        (3.7     0.9        83.1   
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 30, 2013

  $ (93.9   $ 2.7      $ (115.1   $ (206.3
 

 

 

   

 

 

   

 

 

   

 

 

 

 

 

    Foreign
Currency
Adjustments
    Derivative
Instruments (a)
    Pension and
Other
Postretirement
Adjustments (b)
    Accumulated
Other

Comprehensive
Loss
 

Balance at December 31, 2012

  $ (71.1   $ 4.0      $ (118.9   $ (186.0

Other comprehensive (loss) income before reclassifications

    (22.8     3.1        —         (19.7

(Gains) losses reclassified from accumulated other comprehensive loss (net of tax (benefit) expense of $0, $2.6, $(2.0), and $0.6)

    —         (4.4     3.8        (0.6
 

 

 

   

 

 

   

 

 

   

 

 

 

Net current period other comprehensive (loss) income

    (22.8     (1.3     3.8        (20.3
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 30, 2013

  $ (93.9   $ 2.7      $ (115.1   $ (206.3
 

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Pre-tax amounts reclassified from AOCI in the three months ended September 30, 2013 are reported in Net sales ($2.8 million (gain)). Pre-tax amounts reclassified from AOCI in the nine months ended September 30, 2013 are reported in Net sales ($3.9 million (gain)) and loss on early extinguishment of debt ($3.1 million (gain)).

 

(b) Pre-tax amounts reclassified from AOCI represent amortization of net loss, which is included in the computation of net periodic benefit cost (see Note 14, Pension Benefits).