Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of, and changes in, accumulated other comprehensive income (loss), net of tax were as follows:

(in millions of dollars)	Derivative Financial Instruments			Foreign Currency Adjustments			Unrecognized Pension and Other Post-retirement Benefit Costs			Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2013	$	0.3		$	(89.6	)	$	(96.3	)	$	(185.6	)
Other comprehensive income (loss) before reclassifications	(0.1		)	27.8			(1.6		)	26.1
Amounts reclassified from accumulated other comprehensive income (loss)	(0.7		)	—			2.1			1.4
Balance at June 30, 2014	$	(0.5	)	$	(61.8	)	$	(95.8	)	$	(158.1	)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

The reclassifications out of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2014 and 2013 were as follows:

	Three Months Ended June 30,							Six Months Ended June 30,
	2014			2013				2014			2013
(in millions of dollars)	Amount of (Gain) Loss Reclassified from Accumulated Other Comprehensive Income (Loss)						Affected Line Item in the Statement of Income	Amount of (Gain) Loss Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income Components
Gain on cash flow hedges:
Foreign exchange contracts	$	—		$	(1.2	)	Cost of products sold	$	(0.9	)	$	(1.7	)
	—			0.3			Tax benefit	0.2			0.4
	$	—		$	(0.9	)	Net of tax	$	(0.7	)	$	(1.3	)
Defined benefit plan items:
Amortization of actuarial loss	$	1.6		$	2.9		(1)	$	3.1		$	5.7
Amortization of prior service cost	0.1			—			(1)	0.2			—
	1.7			2.9			Total before tax	3.3			5.7
	(0.6		)	$	(1.1	)	Tax expense	(1.2		)	$	(2.0	)
	$	1.1		$	1.8		Net of tax	$	2.1		$	3.7
Total reclassifications for the period	$	1.1		$	0.9		Net of tax	$	1.4		$	2.4

(1) This accumulated other comprehensive income component is included in the computation of net periodic benefit cost for pension and post-retirement plans (See "Note 4. Pension and Other Retiree Benefits" for additional details).