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Accumulated Other Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Details of Comprehensive Income (Loss)

The following table provides details of comprehensive income (loss):

(In millions)

 

Unrecognized Pension Items

 

 

Cumulative Translation Adjustment

 

 

Unrecognized Gains (Losses) on Derivative Instruments

 

 

Accumulated Other Comprehensive Income (Loss), Net of Taxes

 

Balance at December 31, 2012

 

$

(142.3

)

 

$

(24.1

)

 

$

1.5

 

 

$

(164.9

)

Other comprehensive income (loss) before

   reclassifications

 

 

(10.6

)

 

 

(110.3

)

 

 

3.8

 

 

 

(117.1

)

Less: amounts reclassified from accumulated other

   comprehensive income (loss)

 

 

6.7

 

 

 

—

 

 

 

(2.1

)

 

 

4.6

 

Net current period other comprehensive income (loss)

 

 

(3.9

)

 

 

(110.3

)

 

 

1.7

 

 

 

(112.5

)

Balance at December 31, 2013

 

 

(146.2

)

 

 

(134.4

)

 

 

3.2

 

 

 

(277.4

)

Other comprehensive income (loss) before

   reclassifications

 

 

(99.0

)

 

 

(248.1

)

 

 

12.3

 

 

 

(334.8

)

Less: amounts reclassified from accumulated other

   comprehensive income (loss)

 

 

8.7

 

 

 

—

 

 

 

(10.3

)

 

 

(1.6

)

Net current period other comprehensive income (loss)

 

 

(90.3

)

 

 

(248.1

)

 

 

2.0

 

 

 

(336.4

)

Balance at December 31, 2014

 

$

(236.5

)

 

$

(382.5

)

 

$

5.2

 

 

$

(613.8

)

 
Detail of Amount Reclassified from Accumulated Other Comprehensive Income

The following table provides detail of amounts reclassified from accumulated other comprehensive income:

 

 

 

Amount Reclassified from Accumulated Other Comprehensive Income (Loss) (a)

(In millions)

 

2014

 

 

2013

 

 

2012

 

 

Location of Amount Reclassified from AOCI

Defined benefit pension plans and other post-

   employment benefits:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Prior service costs

 

$

0.5

 

 

$

0.3

 

 

$

0.6

 

 

(b)

   Actuarial gains (losses)

 

 

(10.0

)

 

 

(10.4

)

 

 

(6.8

)

 

(b)

   Settlement/curtailment (gain) loss

 

 

(2.1

)

 

 

—

 

 

 

(0.8

)

 

(b)

     Total pre-tax amount

 

 

(11.6

)

 

 

(10.1

)

 

 

(7.0

)

 

 

         Tax (expense) benefit

 

 

2.9

 

 

 

3.4

 

 

 

2.1

 

 

 

             Net of tax

 

 

(8.7

)

 

 

(6.7

)

 

 

(4.9

)

 

 

Net gains (losses) on cash flow hedging derivatives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Foreign currency forward contracts

 

 

1.9

 

 

 

2.7

 

 

 

(0.1

)

 

(c) Other expense, net

   Interest rate and currency swaps

 

 

13.5

 

 

 

—

 

 

 

—

 

 

(c)

   Treasury locks

 

 

0.1

 

 

 

0.1

 

 

 

1.7

 

 

(c) Interest expense

     Total pre-tax amount

 

 

15.5

 

 

 

2.8

 

 

 

1.6

 

 

 

        Tax (expense) benefit

 

 

(5.2

)

 

 

(0.7

)

 

 

(0.7

)

 

 

            Net of tax

 

 

10.3

 

 

 

2.1

 

 

 

0.9

 

 

 

Total reclassifications for the period

 

$

1.6

 

 

$

(4.6

)

 

$

(4.0

)

 

 

 

—

Amounts in parenthesis indicate debits to earnings (loss)

—

These accumulated other comprehensive components are included in the computation of net periodic benefit costs.  See Notes 14, “Profit Sharing, Retirement Savings Plans and Defined Benefit Pension Plans” and Note 15, “Other Post-Employment Benefits and Other Employee Benefit Plans” for additional details.

—

These accumulated other comprehensive components are included in our derivative and hedging activities.  See Note 12, “Derivatives and Hedging Activities” for additional details.