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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income

NOTE 16. ACCUMULATED OTHER COMPREHENSIVE INCOME

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Currency Translation Adjustments (1)

 

Derivative Adjustments (1)

 

Pension and Postretirement Adjustments (1)

 

Total Accumulated Other Comprehensive (Loss) (1)

Balance, December 31, 2013

 

$
21.3 

 

($0.7)

 

($392.2)

 

($371.6)

Other comprehensive income before reclassifications, net of tax expense of $ -, ($1.8),  ($0.1), and ($1.9)

 

(0.4)

 

1.2 

 

0.3 

 

1.1 

Amounts reclassified from accumulated other comprehensive income (loss)

 

 -

 

(1.8)

 

6.8 

 

5.0 

Net current period other comprehensive (loss) income

 

(0.4)

 

(0.6)

 

7.1 

 

6.1 

Balance at March 31, 2014

 

$
20.9 

 

($1.3)

 

($385.1)

 

($365.5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign Currency Translation Adjustments (1)

 

Derivative Adjustments (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 $ -, ($1.4),  $0.2, and ($1.2)

 

(6.2)

 

3.1 

 

2.2 

 

(0.9)

Amounts reclassified from accumulated other comprehensive income (loss)

 

 -

 

1.2 

 

6.7 

 

7.9 

Net current period other comprehensive (loss) income

 

(6.2)

 

4.3 

 

8.9 

 

7.0 

Balance at March 31, 2013

 

$
23.9 

 

($14.9)

 

($473.4)

 

($464.4)

(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

 

 

Three Months Ended March 31,

 

 

 

 

2014

 

2013

 

 

Derivative Adjustments:

 

 

 

 

 

 

Natural gas commodity contracts

 

($0.7)

 

$
1.7 

 

Cost of goods sold

Foreign exchange contracts - purchases

 

(0.5)

 

0.1 

 

Cost of goods sold

Foreign exchange contracts - sales

 

(1.5)

 

 -

 

Net sales

Total (income) expense before tax

 

(2.7)

 

1.8 

 

 

Tax impact

 

0.9 

 

(0.6)

 

Income tax expense

Total (income) expense, net of tax

 

(1.8)

 

1.2 

 

 

 

 

 

 

 

 

 

Pension and Postretirement Adjustments:

 

 

 

 

 

 

Prior service cost amortization

 

0.2 

 

0.2 

 

Cost of goods sold

Prior service cost amortization

 

0.2 

 

0.1 

 

SG&A expense

Amortization of net actuarial loss

 

5.4 

 

5.3 

 

Cost of goods sold

Amortization of net actuarial loss

 

4.7 

 

4.7 

 

SG&A expense

Total expense before tax

 

10.5 

 

10.3 

 

 

Tax impact

 

(3.7)

 

(3.6)

 

Income tax expense

Total expense, net of tax

 

6.8 

 

6.7 

 

 

Total reclassifications for the period

 

$
5.0 

 

$
7.9