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Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Income (Loss)  
Schedule of changes in Accumulated other comprehensive loss by component

The changes in Accumulated other comprehensive loss by component for the three months ended March 31, 2013 were as follows:

 

(in millions)

 

Accrued
post-retirement
benefit liability(1)

 

Foreign
currency
translation

 

Hedging
activities(2)

 

Total

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2012

 

$

(34.1

)

$

(2.7

)

$

1.3

 

$

(35.5

)

Other comprehensive income (loss) before reclassifications

 

0.5

 

(10.3

)

 

(9.8

)

Amounts reclassified from accumulated other comprehensive loss

 

1.4

 

 

(0.1

)

1.3

 

Income tax expense

 

(0.5

)

 

 

(0.5

)

Net other comprehensive income (loss)

 

1.4

 

(10.3

)

(0.1

)

(9.0

)

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2013

 

$

(32.7

)

$

(13.0

)

$

1.2

 

$

(44.5

)

 

The changes in Accumulated other comprehensive loss by component for the three months ended March 31, 2012 were as follows:

 

(in millions)

 

Accrued
post-retirement
benefit liability(1)

 

Foreign
currency
translation

 

Hedging
activities(2)

 

Total

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2011

 

$

(40.7

)

$

(5.9

)

$

1.6

 

$

(45.0

)

Other comprehensive income (loss) before reclassifications

 

 

4.3

 

 

4.3

 

Amounts reclassified from accumulated other comprehensive loss

 

1.3

 

 

(0.1

)

1.2

 

Income tax expense

 

(0.5

)

 

 

(0.5

)

Net other comprehensive income (loss)

 

0.8

 

4.3

 

(0.1

)

5.0

 

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2012

 

$

(39.9

)

$

(1.6

)

$

1.5

 

$

(40.0

)

 

 

(1)   Current period amounts related to accrued post-retirement benefit liability are related to amortization of unrecognized actuarial gains and losses which is included in net periodic benefit cost for pension and other post-retirement welfare plans.  See Note 16.

(2)   Current period amounts related to hedging activities are a reduction to interest expense.  See Note 19 in the Company’s 2012 Annual Report on Form 10-K for more information.