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Shareholders' Equity
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Shareholders' Equity
Shareholders' Equity
Reclassifications from Accumulated Other Comprehensive Loss – The following table sets forth the significant amounts reclassified out of each component of accumulated other comprehensive loss and the effect on net income (loss) for the period (in millions):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2016
 
2015
 
2016
 
2015
Amounts recognized as a component of net periodic pension and other postretirement benefit cost:
 
 
 
 
 
 
 
Amortization of net loss
$
(5.8
)
 
$
(6.5
)
 
$
(16.0
)
 
$
(19.1
)
Amortization of prior service credit
4.3

 
1.2

 
6.8

 
3.4

Total before income taxes
(1.5
)
 
(5.3
)
 
(9.2
)
 
(15.7
)
Income tax benefit
0.5

 
1.9

 
3.2

 
5.5

Total reclassifications for the period, net of income taxes
$
(1.0
)
 
$
(3.4
)
 
$
(6.0
)
 
$
(10.2
)

The Company records unrealized gains and losses related to net periodic pension and other postretirement benefit cost net of estimated taxes in Accumulated other comprehensive income (loss). The Company has a valuation allowance against its net U.S. deferred tax asset that is not expected to be realized. A portion of this valuation allowance is related to deferred tax benefits or expense as recorded in Accumulated other comprehensive income (loss).