Reclassifications from Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Sep. 30, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Reclassifications from Accumulated Other Comprehensive Income (Loss)

Reclassifications from Accumulated Other Comprehensive Income (Loss)

The changes in AOCI by component, net of tax, for the three months ended September 30, 2015 and 2014 were as follows:

Three Months Ended September 30, 2015 ($ in millions) (a)	Cash flow hedging items			Pension and other postretirement benefit plan items			Unrealized losses on available-for- sale securities			Foreign currency items			Total
Balance at June 30, 2015	$	(28.5	)	$	(256.8	)	$	(0.3	)	$	(42.6	)	$	(328.2	)
Other comprehensive loss before reclassifications	(11.4		)	—			—			(3.3		)	(14.7		)
Amounts reclassified from AOCI (b)	5.9			3.7			—			—			9.6
Net current-period other comprehensive (loss) income	(5.5		)	3.7			—			(3.3		)	(5.1		)
Balance at September 30, 2015	$	(34.0	)	$	(253.1	)	$	(0.3	)	$	(45.9	)	$	(333.3	)

Three Months Ended September 30, 2014 ($ in millions) (a)	Cash flow hedging items			Pension and other postretirement benefit plan items			Unrealized losses on available-for- sale securities			Foreign currency items			Total
Balance at June 30, 2014	$	7.6		$	(236.7	)	$	(0.4	)	$	(15.7	)	$	(245.2	)
Other comprehensive loss before reclassifications	(16.7		)	—			—			(7.9		)	(24.6		)
Amounts reclassified from AOCI (b)	(1.5		)	3.0			—			—			1.5
Net current-period other comprehensive (loss) income	(18.2		)	3.0			—			(7.9		)	(23.1		)
Balance at September 30, 2014	$	(10.6	)	$	(233.7	)	$	(0.4	)	$	(23.6	)	$	(268.3	)

(a) All amounts are net of tax. Amounts in parentheses indicate debits.

(b) See separate table below for further details.

The following is a summary of amounts reclassified from AOCI for the three months ended September 30, 2015 and 2014:

($ in millions) (a)	Location of (loss) gain	Amount Reclassified from AOCI Three Months Ended September 30,
Details about AOCI Components		2015			2014
Cash flow hedging items:
Commodity contracts	Cost of sales	$	(9.3	)	$	2.0
Foreign exchange contracts	Net sales	(0.1		)	0.3
Forward interest rate swaps	Interest expense	0.1			0.1
	Total before tax	(9.3		)	2.4
	Tax (expense) benefit	3.4			(0.9		)
	Net of tax	$	(5.9	)	$	1.5

($ in millions) (a)	Location of (loss) gain	Amount Reclassified from AOCI Three Months Ended September 30,
Details about AOCI Components		2015			2014
Amortization of pension and other postretirement benefit plan items
Net actuarial loss	(b)	$	(7.5	)	$	(4.7	)
Prior service cost (credits)	(b)	1.5			(0.1		)
	Total before tax	(6.0		)	(4.8		)
	Tax benefit	2.3			1.8
	Net of tax	$	(3.7	)	$	(3.0	)

(a) Amounts in parentheses indicate debits to income/loss.

(b) These AOCI components are included in the computation of net periodic benefit cost (see Note 6 for additional details).