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SHAREHOLDERS' EQUITY
 3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
SHAREHOLDERS’ EQUITY

On April 24, 2014, our board of directors authorized a share repurchase program for up to 8 million shares of common stock that terminated on April 24, 2017. For the three months ended March 31, 2017 and 2016, no shares were purchased and retired. As of March 31, 2017, we had purchased a total of 1.9 million shares under the April 2014 program, and 6.1 million shares remained authorized to be purchased. Related to the Acquisition, for a period of two years subsequent to the Closing Date, we are subject to certain restrictions on our ability to conduct share repurchases.

We issued 0.5 million shares representing stock options exercised for the three months ended March 31, 2017 with a total value of $8.8 million.

The following table represents the activity included in accumulated other comprehensive loss:
 
Foreign
Currency
Translation
Adjustment
(net of taxes)
 
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, 2016
$
(12.1
)
 
$
(6.9
)
 
$
(473.5
)
 
$
(492.5
)
Unrealized gains
24.0

 
1.1

 
—

 
25.1

Reclassification adjustments into income
—

 
3.7

 
6.1

 
9.8

Tax provision
(8.5
)
 
(1.8
)
 
(2.3
)
 
(12.6
)
Net Change
15.5

 
3.0

 
3.8

 
22.3

Balance at March 31, 2016
$
3.4

 
$
(3.9
)
 
$
(469.7
)
 
$
(470.2
)
Balance at January 1, 2017
$
(24.1
)
 
$
12.8

 
$
(498.7
)
 
$
(510.0
)
Unrealized gains (losses)
8.3

 
(3.1
)
 
—

 
5.2

Reclassification adjustments into income
—

 
(0.1
)
 
6.6

 
6.5

Tax (provision) benefit
(2.3
)
 
1.2

 
(2.7
)
 
(3.8
)
Net Change
6.0

 
(2.0
)
 
3.9

 
7.9

Balance at March 31, 2017
$
(18.1
)
 
$
10.8

 
$
(494.8
)
 
$
(502.1
)


Net income (loss) and cost of goods sold included reclassification adjustments for realized gains and losses on derivative contracts from accumulated other comprehensive loss.

Net income (loss), cost of goods sold and selling and administrative expenses included the amortization of prior service costs and actuarial losses from accumulated other comprehensive loss. This amortization is recognized equally in cost of goods sold and selling and administrative expenses.