XML 29 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2016
Statement of Financial Position [Abstract]  
accumulated other comprehensive income components reclassification
Note 10 - Accumulated Other Comprehensive Income (Loss)

The following tables present details about components of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2016, respectively:
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at March 31, 2016
$
(58.5
)
$
(211.4
)
$
(2.0
)
$
(271.9
)
Other comprehensive (loss) income before
  reclassifications and income tax
(18.4
)
4.7

0.9

(12.8
)
Amounts reclassified from accumulated other
  comprehensive income, before income tax
—

5.5

0.2

5.7

Income tax (benefit) expense
—

(1.9
)
(0.4
)
(2.3
)
Net current period other comprehensive
  (loss) income, net of income taxes
(18.4
)
8.3

0.7

(9.4
)
Noncontrolling interest
(0.2
)
—

—

(0.2
)
Net current period comprehensive (loss) income, net
  of income taxes and noncontrolling interest
(18.6
)
8.3

0.7

(9.6
)
Balance at June 30, 2016
$
(77.1
)
$
(203.1
)
$
(1.3
)
$
(281.5
)
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at December 31, 2015
$
(72.2
)
$
(215.1
)
$
0.3

$
(287.0
)
Other comprehensive (loss) income before
  reclassifications and income tax
(3.6
)
4.8

(2.0
)
(0.8
)
Amounts reclassified from accumulated other
  comprehensive income, before income tax
—

10.6

(0.6
)
10.0

Income tax (benefit) expense
—

(3.4
)
1.0

(2.4
)
Net current period other comprehensive
  income (loss), net of income taxes
(3.6
)
12.0

(1.6
)
6.8

Noncontrolling interest
(1.3
)
—

—

(1.3
)
Net current period comprehensive income (loss), net
  of income taxes and noncontrolling interest
(4.9
)
12.0

(1.6
)
5.5

Balance at June 30, 2016
$
(77.1
)
$
(203.1
)
$
(1.3
)
$
(281.5
)
$0.4 million of the $10.6 million before-tax reclassification of pension and postretirement liability adjustments was included in pension settlement charges in the Consolidated Statement of Income for the six months ended June 30, 2016. The remaining before-tax reclassification of pension and postretirement liability adjustments of $10.2 million was due to the amortization of actuarial losses and prior service costs and was included in costs of products sold and selling, general and administrative expenses in the Consolidated Statements of Income. The reclassification of the remaining components of accumulated other comprehensive income (loss) was included in other income (expense), net in the Consolidated Statements of Income.










The following tables present details about components of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2015, respectively:
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at March 31, 2015
$
(28.5
)
$
(375.9
)
$
(0.8
)
$
(405.2
)
Other comprehensive (loss) income before
  reclassifications and income tax
6.6

(6.4
)
(0.6
)
(0.4
)
Amounts reclassified from accumulated other
  comprehensive income, before income tax
—

12.4

0.1

12.5

Income tax (benefit) expense
—

(3.6
)
0.2

(3.4
)
Net current period other comprehensive
  income (loss), net of income taxes
6.6

2.4

(0.3
)
8.7

Non-controlling interest
0.5

—

—

0.5

Net current period comprehensive income (loss), net
  of income taxes and noncontrolling interest
7.1

2.4

(0.3
)
9.2

Balance at June 30, 2015
$
(21.4
)
$
(373.5
)
$
(1.1
)
$
(396.0
)
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at December 31, 2014
$
(0.7
)
$
(481.0
)
$
(0.8
)
$
(482.5
)
Other comprehensive (loss) income before
  reclassifications and income tax
(21.2
)
(66.5
)
—

(87.7
)
Amounts reclassified from accumulated other
  comprehensive income, before income tax
—

237.9

(0.5
)
237.4

Income tax (benefit) expense
—

(63.9
)
0.2

(63.7
)
Net current period other comprehensive
  income (loss), net of income taxes
(21.2
)
107.5

(0.3
)
86.0

Non-controlling interest
0.5

—

—

0.5

Net current period comprehensive income (loss), net
  of income taxes and noncontrolling interest
(20.7
)
107.5

(0.3
)
86.5

Balance at June 30, 2015
$
(21.4
)
$
(373.5
)
$
(1.1
)
$
(396.0
)
Other comprehensive income (loss) before reclassifications and income taxes includes the effect of foreign currency.

$217.5 million of the $237.9 million before-tax reclassification of pension and postretirement liability adjustments was included in pension settlement charges in the Consolidated Statement of Income for the six months ended June 30, 2015. The remaining before-tax reclassification of pension and postretirement liability adjustments of $20.4 million was due to the amortization of actuarial losses and prior service costs and was included in costs of products sold and selling, general and administrative expenses in the Consolidated Statements of Income. The reclassification of the remaining components of accumulated other comprehensive income (loss) was included in other income (expense), net in the Consolidated Statements of Income.