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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Loss
 
On January 1, 2013, the Company adopted changes required by the Financial Accounting Standards Board ("FASB") to the reporting of amounts reclassified out of accumulated other comprehensive loss. These changes require an entity to report the effect of significant reclassifications out of accumulated other comprehensive loss on the respective line items in net income if the amount being reclassified is required to be reclassified in its entirety to net income. For other amounts that are not required to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures that provide additional detail about those amounts. Other than the additional disclosure requirements (see below), the adoption of these changes had no impact on the Condensed Consolidated Financial Statements. The components and activity of accumulated other comprehensive loss are as follows as of: 
(in millions)
 
Foreign currency translation
 
Pension and other postretirement liability adjustment
 
Accumulated other comprehensive loss
December 31, 2012
 
$
80.5

 
$
(193.4
)
 
$
(112.9
)
Other comprehensive income before reclassifications
 
8.4

 

 
8.4

Amounts reclassified from accumulated other comprehensive loss
 

 
4.2

 
4.2

Net current period other comprehensive income
 
8.4

 
4.2

 
12.6

March 31, 2013
 
$
88.9

 
$
(189.2
)
 
$
(100.3
)


Accumulated other comprehensive loss associated with pension and other postretirement liability adjustments are net of tax effects of $118.3 million and $120.9 million as of March 31, 2013 and December 31, 2012, respectively. Reclassifications from accumulated other comprehensive loss are included in the computation of net periodic benefit cost (Refer to Note 7 - Components of Net Periodic Benefit Cost for additional details.)