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Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2013
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 19. ACCUMULATED OTHER COMPREHENSIVE INCOME

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Currency Translation Adjustments (1)

 

Derivative (Loss) Gain (1)

 

Pension and Postretirement Adjustments (1)

 

Total Accumulated Other Comprehensive (Loss) (1)

Balance, December 31, 2012

 

$
30.1 

 

($19.2)

 

($482.3)

 

($471.4)

Other comprehensive income before reclassifications, net of tax (expense) benefit of $ -, ($6.6),  $0.7, and ($5.9)

 

(8.7)

 

12.8 

 

(1.3)

 

2.8 

Amounts reclassified from accumulated other comprehensive income

 

 -

 

1.0 

 

20.1 

 

21.1 

Net current period other comprehensive (loss) income

 

(8.7)

 

13.8 

 

18.8 

 

23.9 

Balance at September 30, 2013

 

$
21.4 

 

($5.4)

 

($463.5)

 

($447.5)

(1) Amounts are net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts Reclassified from Accumulated Other Comprehensive Income

 

Affected Line Item in the Consolidated Statement of Earnings and Comprehensive Income

Derivative (Loss) Gain:

 

 

 

 

Natural gas commodity contracts

 

$
2.3 

 

Cost of goods sold

Foreign exchange contracts - purchases and sales

 

(0.8)

 

Cost of goods sold

Total before tax

 

1.5 

 

 

Tax impact

 

(0.5)

 

Income tax expense

Total net of tax

 

1.0 

 

 

 

 

 

 

 

Pension and Postretirement Adjustments:

 

 

 

 

Prior service cost amortization

 

0.6 

 

Cost of goods sold

Prior service cost amortization

 

0.4 

 

SG&A expense

Amortization of net actuarial loss

 

16.0 

 

Cost of goods sold

Amortization of net actuarial loss

 

14.0 

 

SG&A expense

Total before tax

 

31.0 

 

 

Tax impact

 

(10.9)

 

Income tax expense

Total net of tax

 

20.1 

 

 

Total reclassifications for the period

 

$
21.1