Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Financial Instruments [Abstract]


Trade Date	Notional Amount	Interest Rate Paid		Coverage Period	Risk Coverage
March 31, 2011	$100.0	2.303	%	March 2011 to November 2015	Term Loan A
March 31, 2011	$200.0	2.523	%	March 2011 to November 2015	Term Loan B
March 27, 2012	$250.0	1.928	%	March 2012 to March 2018	Term Loan B
March 27, 2012	$200.0	2.810	%	November 2015 to March 2018	Term Loan B
April 16, 2013	$250.0	1.398	%	November 2015 to March 2018	Term Loan A

Summary Of The Fair Value Of Derivative Instruments On The Consolidated Balance Sheet



	Derivative Assets			Derivative Liabilities
		Fair Value			Fair Value
	Balance Sheet Location	June 30, 2014	December 31, 2013	Balance Sheet Location	June 30, 2014	December 31, 2013
Derivatives designated as hedging instruments
Natural gas commodity contracts	Other current assets	$ 0.2	$ 0.7	Accounts payable and accrued expenses	$ 0.2	$ 0.2
Foreign exchange contracts	Other current assets	1.9	5.2	Accounts payable and accrued expenses	0.9	-
Foreign exchange contracts	Other non-current assets	-	0.6	Other long-term liabilities	0.5	-
Interest rate swap contracts	Other non-current assets	1.8	4.6	Other long-term liabilities	13.1	12.5
Total derivatives designated as hedging instruments		$ 3.9	$ 11.1		$ 14.7	$ 12.7

Summary Of The Amount Of (Loss) Recognized In Accumulated Other Comprehensive Income



	Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (“AOCI”) (Effective Portion)(a)		Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
	Six Months Ended			Three Months Ended		Six Months Ended
	June 30,			June 30,		June 30,
	2014	2013		2014	2013	2014	2013
Derivatives in Cash Flow Hedging Relationships
Natural gas commodity contracts	-	($0.7)	Cost of goods sold	$ 0.4	($0.3)	$ 1.1	($2.0)
Foreign exchange contracts – purchases	($0.1)	4.1	Cost of goods sold	-	0.1	0.5	-
Foreign exchange contracts – sales	0.6	-	Net sales	1.2	-	2.7	-
Interest rate swap contracts	(11.3)	(8.6)	Interest Expense	-	-	-	-
Total	($10.8)	($5.2)		$ 1.6	($0.2)	$ 4.3	($2.0)

As of June 30, 2014 the amount of existing gains in AOCI expected to be recognized in earnings over the next twelve months is $1.0 million.

Summary Of Location Of Cash Flow Hedging Gain (Loss) Recognized In Income


	Location of Gain (Loss) Recognized in Income on Derivatives (Ineffective Portion) (a)
Derivatives in Cash Flow Hedging Relationships
Natural gas commodity contracts	Cost of goods sold
Foreign exchange contracts – purchases and sales	SG&A expense
Interest rate swap contracts	Interest expense

(a)

The amount recognized in income related to the ineffective portion of the hedging relationships was immaterial for the second quarter and first six months of 2014 and 2013. No gains or losses are excluded from the assessment of the hedge effectiveness.