Other Comprehensive Income

6 Months Ended

Jun. 30, 2014

Other Comprehensive Income [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Other Comprehensive Income

Comprehensive income includes net income, as well as items charged and credited directly to stockholders' equity, which are excluded from net income. The Company has presented comprehensive income in the condensed consolidated statements of comprehensive income (loss). Reclassification adjustments of derivative instruments are presented in Net Sales in the condensed consolidated statements of income. See Note 11. Derivatives for additional information. Amortization of accumulated pension and other post-employment benefit, or OPEB, liabilities are included in the computation of net periodic pension and OPEB costs, which are more fully discussed in Note 13. Postretirement and Other Benefits.

Components of accumulated other comprehensive loss were as follows ($ in millions):

	June 30, 2014			December 31, 2013
Accumulated pension and OPEB liability adjustments, net of income tax of $15.7 million and $16.6 million at June 30, 2014 and December 31, 2013, respectively	$	(28.5	)	$	(30.1	)
Accumulated unrealized loss on derivative instruments, net of income tax (benefit) provision of $(0.2) million and $0.3 million at June 30, 2014 and December 31, 2013, respectively	(0.8		)	(8.1		)
Accumulated unrealized foreign currency translation adjustments	30.8			33.2
Accumulated other comprehensive income (loss)	$	1.5		$	(5.0	)

Changes in the components of accumulated other comprehensive loss were as follows ($ in millions):

	Three Months Ended
	June 30, 2014									June 30, 2013
	Pre-tax			Tax			Net of Tax			Pre-tax			Tax			Net of Tax
Pension and OPEB liability adjustments	$	1.3		$	(0.5	)	$	0.8		$	1.4		$	(0.4	)	$	1.0
Unrealized gain (loss) on derivative instruments	3.0			—			3.0			(6.1		)	(0.2		)	(6.3		)
Unrealized foreign currency translation adjustments	(0.7		)	—			(0.7		)	(5.9		)	—			(5.9		)
Total	$	3.6		$	(0.5	)	$	3.1		$	(10.6	)	$	(0.6	)	$	(11.2	)

	Six Months Ended
	June 30, 2014									June 30, 2013
	Pre-tax			Tax			Net of Tax			Pre-tax			Tax			Net of Tax
Pension and OPEB liability adjustments	$	2.5		$	(0.9	)	$	1.6		$	3.3		$	(1.2	)	$	2.1
Unrealized gain (loss) on derivative instruments	6.8			0.5			7.3			(4.4		)	(0.8		)	(5.2		)
Unrealized foreign currency translation adjustments	(2.4		)	—			(2.4		)	(17.1		)	—			(17.1		)
Total	$	6.9		$	(0.4	)	$	6.5		$	(18.2	)	$	(2.0	)	$	(20.2	)