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Financial Instruments and Risk Management (Details) (USD $)
In Millions, except Share data, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Jun. 30, 2014
Commodity contracts
item
Jun. 30, 2014
Interest rate swap agreements
Jun. 30, 2014
Currency Exchange Rate Risk
Jun. 30, 2014
Equity contracts
Mar. 31, 2015
Equity contracts
Sep. 30, 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     $ 443 $ 105 $ 810      
Period within which derivative will expire     4 years 4 years 2 years      
Loss on derivatives included in accumulated other comprehensive earnings (loss), net of tax     19.9   2.4      
Net loss expected to be recognized in the consolidated statement of earnings during the next 12 months     10.7   3.1      
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)             1,000,000 300,000
Combined fair value of the swaps           1.8    
Aggregate fair value of derivative instruments with credit-risk-related contingent features that were in a net liability position 25.4 48.0            
Collateral amount posted for derivative instruments with credit-risk-related contingent features that were in a net liability position $ 0 $ 0