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Comprehensive Income
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Comprehensive Income
Comprehensive Income:

The following table provides information on items not reclassified in their entirety from AOCL to Net income in the accompanying Consolidated Statements of Operations (in millions):
 
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
Affected Line Item(s) in the Consolidated Statements of Operations
 
 
2017
 
2016
 
2017
 
2016
 
(Losses)/Gains on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Commodity futures contracts
 
$
2.8

 
$
(3.4
)
 
$
5.9

 
$
(8.2
)
 
Cost of goods sold
Income tax (expense)/benefit
 
(1.0
)
 
1.2

 
(2.1
)
 
2.9

 
Provision for income taxes
Net of tax
 
$
1.8

 
$
(2.2
)
 
$
3.8

 
$
(5.3
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Defined Benefit Plan items:
 
 
 
 
 
 
 
 
 
 
Pension and post-retirement benefit costs
 
$
(1.9
)
 
$
(1.4
)
 
$
(3.6
)
 
$
(3.1
)
 
Cost of goods sold; Selling, general and administrative expenses
Income tax benefit
 
0.6

 
0.5

 
1.1

 
1.0

 
Provision for income taxes
Net of tax
 
$
(1.3
)
 
$
(0.9
)
 
$
(2.5
)
 
$
(2.1
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications from AOCL
 
$
0.5

 
$
(3.1
)
 
$
1.3

 
$
(7.4
)
 
 


The following table provides information on changes in AOCL, by component (net of tax), for the six months ended June 30, 2017 (in millions):
 
 
(Losses) Gains on Cash Flow Hedges
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Defined Benefit Pension Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCL
Balance as of December 31, 2016
 
$
5.6

 
$
2.3

 
$
(130.0
)
 
$
(73.0
)
 
$
(195.1
)
Other comprehensive income (loss) before reclassifications
 
4.6

 
0.1

 
(4.0
)
 
29.2

 
29.9

Amounts reclassified from AOCL
 
(3.8
)
 

 
2.5

 

 
(1.3
)
Net other comprehensive income (loss)
 
0.8

 
0.1

 
(1.5
)
 
29.2

 
28.6

Balance as of June 30, 2017
 
$
6.4

 
$
2.4

 
$
(131.5
)
 
$
(43.8
)
 
$
(166.5
)