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Stockholders' Equity (Deficit), Other Comprehensive Income and Redeemable Noncontrolling Interest
3 Months Ended
Mar. 31, 2013
Stockholders' Equity (Deficit), Other Comprehensive Income and Redeemable Noncontrolling Interest

NOTE 10: STOCKHOLDERS’ EQUITY (DEFICIT), OTHER COMPREHENSIVE INCOME AND REDEEMABLE NONCONTROLLING INTEREST

The following table details changes in these accounts:

 

     Ryerson Inc. Stockholders                     
                                Accumulated Other
Comprehensive Income
(Loss)
                    
     Common
Stock
     Capital in
Excess of
Par Value
     Accumulated
Deficit
    Foreign
Currency
Translation
    Benefit Plan
Liabilities
    Unrealized
Gain on
Available-
For-Sale
Investments
     Noncontrolling
Interest
    Total
Equity
    Redeemable
Noncontrolling
Interest
 
     Shares      Dollars      Dollars      Dollars     Dollars     Dollars     Dollars      Dollars     Dollars     Dollars  
     (In millions, except shares)  

Balance at December 31, 2012

     100       $ —        $ 71.3       $ (102.5   $ (5.4   $ (251.6   $ 3.3       $ 2.7      $ (282.2   $ 1.7   

Net income (loss)

     —           —           —          7.1        —          —          —           (2.1     5.0        (0.1

Foreign currency translation

     —           —           —           —          (3.8     —          —           0.1        (3.7     —     

Changes in defined benefit pension and other post-retirement benefit plans (net of tax provision of $0.1)

     —           —           —           —          —          1.1        —           —          1.1        —     

Unrealized gain on available-for-sale investment

     —           —           —           —          —          —          3.8         —          3.8        —     
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

Balance at March 31, 2013

     100       $ —         $ 71.3       $ (95.4   $ (9.2   $ (250.5   $ 7.1       $ 0.7      $ (276.0   $ 1.6   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

   

 

 

    

 

 

   

 

 

   

 

 

 

 

 

     Changes in Accumulated Other Comprehensive
Income (Loss) by Component
 
     Foreign
Currency
Translation
    Benefit
Plan
Liabilities
    Unrealized
Gain on
Available-
For-Sale
Investments
 
     (In millions)  

Balance at January 1, 2013

   $ (5.4   $ (251.6   $ 3.3   

Other comprehensive income (loss) before reclassifications

     (3.8     —          3.8   

Amounts reclassified from accumulated other comprehensive income

     —          1.1        —     
  

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     (3.8     1.1        3.8   
  

 

 

   

 

 

   

 

 

 

Balance at March 31, 2013

   $ (9.2   $ (250.5   $ 7.1   
  

 

 

   

 

 

   

 

 

 

 

 

Three Months Ended March 31, 2013

Reclassifications Out of Accumulated Other Comprehensive Income

Details about accumulated other comprehensive
income components

   Amount reclassified  from
accumulated other
comprehensive income
   

Affected line item in the Condensed

Consolidated Statements of

Comprehensive Income

     (In millions)      

Amortization of defined benefit pension and other post-retirement benefit plan items

    

Actuarial gain

   $ 1.6      Warehousing, delivery, selling, general and administrative

Prior service credits

     (0.4   Warehousing, delivery, selling, general and administrative
  

 

 

   

Total before tax

     1.2     

Tax provision

     0.1     
  

 

 

   

Net of tax

   $ 1.1