Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2013

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

Note 19—Accumulated Other Comprehensive Income (Loss)

The changes in Accumulated other comprehensive loss by component for the three months ended June 30, 2013

were as follows:

	Accrued			Foreign
	post-retirement			currency			Hedging
(in millions)	benefit liability(1)			translation			activities(2)			Total
Balance at March 31, 2013	$	(32.7	)	$	(13.0	)	$	1.2		$	(44.5	)
Other comprehensive income (loss) before reclassifications	—			(0.1		)	—			(0.1		)
Amounts reclassified from accumulated other comprehensive loss	1.5			—			(0.2		)	1.3
Income tax expense	(0.5		)	—			0.1			(0.4		)
Net other comprehensive income (loss)	1.0			(0.1		)	(0.1		)	0.8
Balance at June 30, 2013	$	(31.7	)	$	(13.1	)	$	1.1		$	(43.7	)

The changes in Accumulated other comprehensive loss by component for the three months ended June 30, 2012 were as follows:

	Accrued			Foreign
	post-retirement			currency			Hedging
(in millions)	benefit liability(1)			translation			activities(2)			Total
Balance at March 31, 2012	$	(39.9	)	$	(1.6	)	$	1.5		$	(40.0	)
Other comprehensive income (loss) before reclassifications	—			(8.7		)	—			(8.7		)
Amounts reclassified from accumulated other comprehensive loss	1.3			—			(0.2		)	1.1
Income tax expense	(0.5		)	—			0.1			(0.4		)
Net other comprehensive income (loss)	0.8			(8.7		)	(0.1		)	(8.0		)
Balance at June 30, 2012	$	(39.1	)	$	(10.3	)	$	1.4		$	(48.0	)

(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.

The changes in Accumulated other comprehensive loss by component for the six months ended June 30, 2013 were as follows:

	Accrued			Foreign
	post-retirement			currency			Hedging
(in millions)	benefit liability(1)			translation			activities(2)			Total
Balance at December 31, 2012	$	(34.1	)	$	(2.7	)	$	1.3		$	(35.5	)
Other comprehensive income (loss) before reclassifications	0.5			(10.4		)	—			(9.9		)
Amounts reclassified from accumulated other comprehensive loss	2.9			—			(0.3		)	2.6
Income tax expense	(1.0		)	—			0.1			(0.9		)
Net other comprehensive income (loss)	2.4			(10.4		)	(0.2		)	(8.2		)
Balance at June 30, 2013	$	(31.7	)	$	(13.1	)	$	1.1		$	(43.7	)

The changes in Accumulated other comprehensive loss by component for the six months ended June 30, 2012 were as follows:

	Accrued			Foreign
	post-retirement			currency			Hedging
(in millions)	benefit liability(1)			translation			activities(2)			Total
Balance at December 31, 2011	$	(40.7	)	$	(5.9	)	$	1.6		$	(45.0	)
Other comprehensive income (loss) before reclassifications	—			(4.4		)	—			(4.4		)
Amounts reclassified from accumulated other comprehensive loss	2.6			—			(0.3		)	2.3
Income tax expense	(1.0		)	—			0.1			(0.9		)
Net other comprehensive income (loss)	1.6			(4.4		)	(0.2		)	(3.0		)
Balance at June 30, 2012	$	(39.1	)	$	(10.3	)	$	1.4		$	(48.0	)

(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.