Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Financial Instruments [Abstract]

Summary Of Interest Rate Swaps

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	September 30, 2015	December 31, 2014	Balance Sheet   Location	September 30, 2015	December 31, 2014
Derivatives designated as hedging instruments
Natural gas commodity contracts	Other current assets	-	-	Accounts payable and accrued expenses	$ 1.2	$ 3.0
Foreign exchange contracts	Other current assets	$ 7.5	$ 5.6	Accounts payable and accrued expenses	0.4	0.7
Interest rate swap contracts	Other current assets	-	-	Accounts payable and accrued expenses	0.7	-
Foreign exchange contracts	Other non-current assets	1.9	0.9	Other long-term liabilities	-	0.1
Interest rate swap contracts	Other non-current assets	-	1.9	Other long-term liabilities	14.3	11.2
Total derivatives designated as hedging instruments		$ 9.4	$ 8.4		$ 16.6	$ 15.0

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

	Amount of (Loss) Gain Recognized in Accumulated Other Comprehensive Income (“AOCI”) (Effective Portion)(a)		Location of (Loss) Gain Reclassified from AOCI into Income (Effective Portion)	(Loss) Gain Reclassified                                   from AOCI into Income                                           (Effective Portion)
	Nine Months Ended			Three Months Ended		Nine Months Ended
	September 30,			September 30,		September 30,
	2015	2014		2015	2014	2015	2014
Derivatives in cash flow hedging relationships
Natural gas commodity contracts	($1.2)	($0.3)	Cost of goods          sold	($0.9)	($0.2)	($3.5)	$ 0.9
Foreign exchange contracts – purchases	2.6	0.6	Cost of goods            sold	0.4	0.3	0.6	0.8
Foreign exchange contracts – sales	6.3	3.0	Net sales	2.5	0.8	6.5	3.5
Interest rate swap contracts	(15.0)	(6.6)	Interest expense	-	-	-	-
Total	($7.3)	($3.3)		$ 2.0	$ 0.9	$ 3.6	$ 5.2

(a) As of September 30, 2015 the amount of existing gains in AOCI expected to be recognized in earnings over the next twelve months is $5.0 million.