XML 56 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727
Reclassifications Out of Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
Reclassifications Out of Accumulated Other Comprehensive Income
The following table presents the amounts reclassified out of AOCI, net of tax:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions)
2015
 
2014
 
2015
 
2014
Pension and postretirement benefits, net of tax:
 
 
 
 
 
 
 
Amortization of prior service credit
$
—

 
$
—

 
$
—

 
$
0.1

Amortization of net actuarial (loss) gain
(0.2
)
 
(0.2
)
 
0.4

 
(0.4
)
Total reclassification - pension benefits
(0.2
)
 
(0.2
)
 
0.4

 
(0.3
)
Cash flow hedges, net of tax:
 
 
 
 
 
 
 
Reclassification adjustment for loss (gain) - commodities
1.0

 
—

 
0.6

 
0.1

Reclassification adjustment for loss (gain) - currency
5.9

 
—

 
3.6

 
(0.2
)
Total reclassification, net of tax - cash flow hedges
6.9

 
—

 
4.2

 
(0.1
)
Total reclassification, net of tax
$
6.7

 
$
(0.2
)
 
$
4.6

 
$
(0.4
)

Gains and losses on our currency derivatives that are reclassified out of AOCI are recognized as part of "Cost of sales" on our Consolidated Statements of Operations in their entirety.
Gains and losses on amortization of prior service credit and net actuarial gain that are reclassified out of AOCI are recognized partially in "Cost of sales" and "Other income" on our Consolidated Statement of Operations and partially capitalized in "Inventories" on our Consolidated Balance Sheets. (See Note 5, "Pension and Other Postretirement Benefit Plans" for additional information.)
Gains and losses on our commodity derivatives that are reclassified out of AOCI are partially recognized as part of "Cost of sales" on our Consolidated Statement of Operations and partially capitalized as part of "Inventories" on our Consolidated Balance Sheets. (See Note 13, "Derivative Instruments and Hedging Activities" for additional information.)