ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

3 Months Ended

Mar. 31, 2014

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss as of March 31, 2014 are as follows:

	Foreign Currency Translation		Actuarial (Loss) Gain on Post-retirement Benefits			Deferred Gain - Hedging			Accumulated Other Comprehensive Loss
Balance, January 1, 2014	$	19.2	$	(170.5	)	$	1.5		$	(149.8	)
Currency translation adjustment, net of tax benefit of $0.5 million	1.6		—			—			1.6
Amortization of pension related costs, net of tax of nil (a)	—		1.2			—			1.2
Revaluation of derivative financial instrument, net of tax of $0.6 million(b)	—		—			(1.0		)	(1.0		)
Other comprehensive income (loss)	1.6		1.2			(1.0		)	1.8
Balance, March 31, 2014	$	20.8	$	(169.3	)	$	0.5		$	(148.0	)

^(a)  Amount represents the change in accumulated other comprehensive loss as a result of the amortization of unrecognized prior service costs and actuarial losses (gains) arising during each year related to the Company’s pension and other post-retirement plans. See Note 5, “Pension and Post-retirement Benefits,” for further discussion of the Company’s pension and other post-retirement plans.

^(b)   For the three months ended March 31, 2014, the 2013 Interest Rate Swap (as hereinafter defined) was deemed effective and therefore the changes in fair value related to the 2013 Interest Rate Swap are recorded in other comprehensive income. See Note 14, "Financial Instruments," for further discussion of the 2013 Interest Rate Swap.