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Financial Instruments and Risk Management (Details) (USD $)
In Millions, except Share data, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2013
Commodity contracts
item
Sep. 30, 2013
Interest rate swap agreements
Sep. 30, 2013
Currency Exchange Rate Risk
Sep. 30, 2013
Equity contracts
Mar. 31, 2014
Equity contracts
Financial Instruments and Risk Management              
Number of methods through which entity manages commodity price risk in connection with market price fluctuations of aluminum ingot     2        
Notional amount of derivatives     $ 515 $ 147 $ 723    
Notional amount of derivatives which used hedge accounting treatment         93    
Period within which derivative will expire     4 years 5 years 2 years    
Loss on derivatives included in accumulated other comprehensive earnings (loss), net of tax     (31.3)   (0.6)    
Net loss expected to be recognized in the consolidated statement of earnings during the next 12 months     (20.0)   (0.9)    
Change in company's stock price (in dollars per share)           $ 1  
Impact of change in the company's stock price on pretax earnings           1.4  
Notional value of the swap (in shares)           300,000 1,000,000
Combined fair value of the swaps           1.0  
Aggregate fair value of derivative instruments with credit-risk-related contingent features that were in a net liability position 42.9 11.0          
Collateral amount posted for derivative instruments with credit-risk-related contingent features that were in a net liability position $ 0 $ 0