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SHAREHOLDERS' EQUITY
12 Months Ended
Dec. 31, 2013
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
SHAREHOLDERS’ EQUITY

During 2013, 2012 and 2011, we issued 0.5 million, 0.1 million, and 0.5 million shares, respectively, with a total value of $9.7 million, $1.4 million and $9.3 million, respectively, representing stock options exercised.  

On July 21, 2011, our board of directors authorized a share repurchase program of up to 5 million shares of common stock that will terminate in three years for any of the remaining shares not yet repurchased.  We purchased and retired 1.5 million, 0.2 million and 0.2 million shares in 2013, 2012 and 2011, respectively, under this program, at a cost of $36.2 million, $3.1 million and $4.2 million, respectively.  As of December 31, 2013, we had purchased a total of 1.9 million shares under this program and 3.1 million shares remained authorized to be purchased.

We have registered an undetermined amount of securities with the SEC, so that, from time-to-time, we may issue debt securities, preferred stock and/or common stock and associated warrants in the public market under that registration statement.

The following table represents the activity included in accumulated other comprehensive loss:

 
Foreign
Currency
Translation
Adjustment
 
Unrealized
Gains (Losses)
on Derivative
Contracts
(net of taxes)
 
Pension and
Postretirement
Benefits
(net of taxes)
 
Accumulated
Other
Comprehensive
Loss
 
($ in millions)
Balance at January 1, 2011
$
0.4

 
$
11.6

 
$
(273.8
)
 
$
(261.8
)
Unrealized gains (losses)
1.4

 
(10.6
)
 
(29.0
)
 
(38.2
)
Reclassification adjustments into income

 
(6.3
)
 
12.1

 
5.8

Balance at December 31, 2011
1.8

 
(5.3
)
 
(290.7
)
 
(294.2
)
Unrealized gains (losses)
0.3

 
6.0

 
(101.9
)
 
(95.6
)
Reclassification adjustments into income

 
4.0

 
14.5

 
18.5

Balance at December 31, 2012
2.1

 
4.7

 
(378.1
)
 
(371.3
)
Unrealized losses
(2.6
)
 
(4.7
)
 
(7.7
)
 
(15.0
)
Reclassification adjustments into income

 
0.9

 
20.3

 
21.2

Balance at December 31, 2013
$
(0.5
)
 
$
0.9

 
$
(365.5
)
 
$
(365.1
)


Unrealized gains and losses on derivative contract (net of taxes) activity in other comprehensive income (loss) included reclassification adjustments into net income of gains and losses on commodity forward contract and are recognized into cost of goods sold. Unrealized gains and losses on derivative contract (net of taxes) activity in other comprehensive income (loss) included a deferred tax (benefit) provision for 2013, 2012 and 2011 of $(2.5) million, $6.4 million and $(10.7) million, respectively.

Pension and postretirement benefits (net of taxes) activity in other comprehensive income (loss) included the amortization of prior service costs and actuarial losses into net income and are recognized equally into cost of goods sold and selling and administrative expenses and pension and postretirement liability adjustments. Pension and postretirement benefits (net of taxes) activity in other comprehensive income (loss) included a deferred tax provision (benefit) for 2013, 2012 and 2011 of $8.2 million, $(56.0) million and $(10.2) million, respectively.