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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Shareholders' Equity [Abstract]  
Components Of Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

December 31, 2013

Foreign currency translation adjustments

 

($8.3)

 

$
21.3 

Derivative (loss), net

 

(4.0)

 

(0.7)

Pension and postretirement adjustments

 

(483.2)

 

(392.2)

Accumulated other comprehensive (loss)

 

($495.5)

 

($371.6)

 

 

 

 

 

 

Schedule Of Other Comprehensive Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax Amount

 

Tax Benefit

 

After-tax Amount

2014

 

 

 

 

 

 

Foreign currency translation adjustments

 

($29.6)

 

 -

 

($29.6)

Derivative (loss), net

 

(4.9)

 

$
1.6 

 

(3.3)

Pension and postretirement adjustments

 

(153.6)

 

62.6 

 

(91.0)

Total other comprehensive (loss)

 

($188.1)

 

$
64.2 

 

($123.9)

 

 

 

 

 

 

 

 

 

 

 

Pre-tax Amount

 

Tax Expense

 

After-tax Amount

2013

 

 

 

 

 

 

Foreign currency translation adjustments

 

($8.8)

 

 -

 

($8.8)

Derivative gain, net

 

28.4 

 

($9.9)

 

18.5 

Pension and postretirement adjustments

 

139.4 

 

(49.3)

 

90.1 

Total other comprehensive income

 

$
159.0 

 

($59.2)

 

$
99.8 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax Amount

 

Tax Benefit

 

After-tax Amount

2012

 

 

 

 

 

 

Foreign currency translation adjustments

 

$
7.0 

 

 -

 

$
7.0 

Derivative (loss), net

 

(8.0)

 

$
2.8 

 

(5.2)

Pension and postretirement adjustments

 

(68.5)

 

10.3 

 

(58.2)

Total other comprehensive (loss)

 

($69.5)

 

$
13.1 

 

($56.4)

 

 

 

 

 

 

 

 

Schedule Of Accumulated Other Comprehensive Income Activity

 

 

 

 

 

 

 

 

 

 

 

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 (loss) income before reclassifications, net of tax (expense) of $ -, ($9.5),  ($34.6), and ($42.8)

 

(8.8)

 

18.3 

 

62.8 

 

72.3 

Amounts reclassified from accumulated other comprehensive income

 

 -

 

0.2 

 

27.3 

 

27.5 

Net current period other comprehensive (loss) income

 

(8.8)

 

18.5 

 

90.1 

 

99.8 

Balance, December 31, 2013

 

$
21.3 

 

($0.7)

 

($392.2)

 

($371.6)

Other comprehensive income before reclassifications, net of tax (expense) benefit of $ -, ($0.8),  $77.2, and $76.4

 

(29.6)

 

1.1 

 

(118.0)

 

(146.5)

Amounts reclassified from accumulated other comprehensive income

 

 -

 

(4.4)

 

27.0 

 

22.6 

Net current period other comprehensive (loss)

 

(29.6)

 

(3.3)

 

(91.0)

 

(123.9)

Balance, December 31, 2014

 

($8.3)

 

($4.0)

 

($483.2)

 

($495.5)

 

 

 

 

 

 

 

 

 

(1) Amounts are net of tax

 

 

 

 

 

 

 

 

 

Reclassification Out Of Accumulated Other Comprehensive Income

 

 

 

 

 

 

 

 

 

Amounts Reclassified from AOCI

 

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

 

 

2014

 

2013

 

 

Derivative Adjustments:

 

 

 

 

 

 

Natural gas commodity contracts

 

($0.7)

 

$
2.6 

 

Cost of goods sold

Foreign exchange contracts - purchases

 

(1.0)

 

(2.3)

 

Cost of goods sold

Foreign exchange contracts - sales

 

(5.0)

 

 -

 

Net sales

Total (income) expense before tax

 

(6.7)

 

0.3 

 

 

Tax impact

 

2.3 

 

(0.1)

 

Income tax expense

Total (income) expense, net of tax

 

(4.4)

 

0.2 

 

 

 

 

 

 

 

 

 

Pension and Postretirement Adjustments:

 

 

 

 

 

 

Prior service cost amortization

 

0.6 

 

0.8 

 

Cost of goods sold

Prior service cost amortization

 

0.7 

 

1.0 

 

SG&A expense

Amortization of net actuarial loss

 

21.7 

 

21.4 

 

Cost of goods sold

Amortization of net actuarial loss

 

18.6 

 

18.8 

 

SG&A expense

Total expense before tax

 

41.6 

 

42.0 

 

 

Tax impact

 

(14.6)

 

(14.7)

 

Income tax expense

Total expense, net of tax

 

27.0 

 

27.3 

 

 

Total reclassifications for the period

 

$
22.6 

 

$
27.5