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Stockholders' Equity (Deficit), Accumulated Other Comprehensive Income and Redeemable Noncontrolling Interest
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Stockholders' Equity (Deficit), Accumulated Other Comprehensive Income and Redeemable Noncontrolling Interest

NOTE 10: STOCKHOLDERS’ EQUITY (DEFICIT), ACCUMULATED 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 share data)        

Balance at January 1, 2013

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

Net income (loss)

    —          —          —          9.0        —          —          —          (3.7     5.3        (0.2

Foreign currency translation

    —          —          —          —          (10.7     —          —          0.2        (10.5     —     

Changes in defined benefit pension and other post-retirement benefit plans (net of tax provision of $0.3)

    —          —          —          —          —          2.3        —          —          2.3        —     

Unrealized gain on available-for-sale investment

    —          —          —          —          —          —          1.4        —          1.4        —     
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2013

    100      $ —        $ 71.3      $ (93.5   $ (16.1   $ (249.3   $ 4.7      $ (0.8   $ (283.7   $ 1.5   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

The following table details the changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2013:

 

     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

     (10.7     —          1.4   

Amounts reclassified from accumulated other comprehensive income

     —          2.3        —     
  

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     (10.7     2.3        1.4   
  

 

 

   

 

 

   

 

 

 

Balance at June 30, 2013

   $ (16.1   $ (249.3   $ 4.7   
  

 

 

   

 

 

   

 

 

 

The following table details the reclassifications out of accumulated other comprehensive income (loss) for the three and six month periods ended June 30, 2013:

 

     Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

Details about Accumulated Other
Comprehensive Income (Loss)
Components

   Amount reclassified from Accumulated Other
Comprehensive Income (Loss)
   

Affected line item in the Condensed
Consolidated Statements of

Comprehensive Income

     Three Months Ended     Six Months Ended      
     June 30, 2013      
     (In millions)      

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

      

Actuarial gain

   $ 1.7      $ 3.3      Warehousing, delivery, selling, general and administrative

Prior service credits

     (0.3     (0.7   Warehousing, delivery, selling, general and administrative
  

 

 

   

 

 

   

Total before tax

     1.4        2.6     

Tax provision

     0.2        0.3     
  

 

 

   

 

 

   

Net of tax

   $ 1.2      $ 2.3