Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2014

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss Note Disclosure [TextBlock]

Note 9— Accumulated Other Comprehensive Loss

A summary of the changes in Accumulated other comprehensive loss (net of tax) for the nine months ended September 30, 2014 is provided below (in millions):

(debit) credit				Cash flow hedge (loss) gain		Unrealized gain (loss) on available-for-sale securities		Pension and post retirement benefit plan adjustment		Cumulative translation adjustment		Total
Balance at December 31, 2013			$	(0.2)	$	0.4	$	(67.0)	$	(4.2)	$	(71.0)
	Other comprehensive income (loss) before
		reclassifications		0.6		-		-		(11.5)		(10.9)
	Amounts reclassified from accumulated
		other comprehensive loss		(0.5)		-		1.6		-		1.1
	Current period other comprehensive income (loss)			0.1		-		1.6		(11.5)		(9.8)
Balance at September 30, 2014			$	(0.1)	$	0.4	$	(65.4)	$	(15.7)	$	(80.8)

A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the three months ended September 30, 2014 and 2013 is provided below (in millions):

Details about Accumulated Other Comprehensive Loss Components			Three Months Ended September 30, 2014		Three Months Ended September 30, 2013		Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
	Forward exchange contracts	$	0.1	$	0.1		Cost of goods sold
			0.1		0.1		Total before tax
			-		-		Tax (expense) benefit
		$	0.1	$	0.1		Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items:
	Prior-service costs	$	0.3	$	0.2	(a)
	Actuarial gains/(losses)		(1.1)		(3.2)	(a)
			(0.8)		(3.0)		Total before tax
			0.1		1.0		Tax benefit (expense)
		$	(0.7)	$	(2.0)		(Loss) gain net of tax
Losses reclassified into earnings		$	(0.6)	$	(1.9)		(Loss) gain net of tax
(a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 11 - Pension and Other Benefits for additional details).

Details about Accumulated Other Comprehensive Loss Components			Nine Months Ended September 30, 2014		Nine Months Ended September 30, 2013		Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
	Forward exchange contracts	$	0.7	$	0.2		Cost of goods sold
			0.7		0.2		Total before tax
			(0.2)		-		Tax (expense) benefit
		$	0.5	$	0.2		Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items:
	Prior-service costs	$	0.6	$	0.6	(a)
	Actuarial gains/(losses)		(2.8)		(10.3)	(a)
			(2.2)		(9.7)		Total before tax
			0.6		3.4		Tax benefit (expense)
		$	(1.6)	$	(6.3)		(Loss) gain net of tax
Losses reclassified into earnings		$	(1.1)	$	(6.1)		(Loss) gain net of tax
(a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 11 - Pension and Other Benefits for additional details).