ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE LOSS (Tables)

3 Months Ended

Mar. 31, 2015

ACCUMULATED OTHER COMPREHENSIVE LOSS AND OTHER COMPREHENSIVE LOSS

Schedule of amounts recorded in accumulated other comprehensive loss, net of tax, and changes within the period

(In millions)	Accrued Pension and OPEB Plan Liabilities			Foreign Currency Items			Derivative Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance at January 1, 2015	$	(45.0	)	$	(20.4	)	$	(8.3	)	$	(73.7	)
Other comprehensive income (loss) before reclassifications		0.3			(32.7	)		1.0			(31.4	)
Amounts reclassified from accumulated other comprehensive loss, net of tax		(1.0	)		-			4.6			3.6
Net current period other comprehensive income (loss)		(0.7	)		(32.7	)		5.6			(27.8	)
Balance at March 31, 2015	$	(45.7	)	$	(53.1	)	$	(2.7	)	$	(101.5	)

Schedule of components of other comprehensive loss

	Three Months Ended March 31,
(In millions)	2015			2014
Change in foreign currency translation adjustment:
Foreign currency translation adjustments	$	(35.0	)	$	(24.5	)
Tax benefit		(3.6	)		(9.3	)
Foreign currency translation adjustments, net of tax	$	(31.4	)	$	(15.2	)
Change in derivative cash flow hedges:
Commodity hedge contracts	$	5.1		$	-
Equity interest in investee's other comprehensive loss		3.9			(0.3	)
Pre-tax amount		9.0			(0.3	)
Tax expense (benefit)		3.4			(0.1	)
Derivative cash flow hedges, net of tax	$	5.6		$	(0.2	)
Change in pension and OPEB liability adjustments:
Amortization of actuarial gain (loss) and prior service credit	$	(1.6	)	$	(2.4	)
Other pension and OPEB plan adjustments		0.4			-
Pre-tax amount		(1.2	)		(2.4	)
Tax benefit		(0.5	)		(0.9	)
Pension and OPEB liability adjustments, net of tax	$	(0.7	)	$	(1.5	)
Other comprehensive loss, before income taxes	$	(27.2	)	$	(27.2	)
Tax benefit for the period		(0.7	)		(10.3	)
Other comprehensive loss, net of tax	$	(26.5	)	$	(16.9	)

Schedule of components of other comprehensive loss that have been reclassified

	Three Months Ended March 31,
							Affected Line Items on the Unaudited Condensed Consolidated Statements of Operations
(In millions)	2015			2014
Details about other comprehensive loss components:
Change in derivative cash flow hedges:
Loss on derivative cash flow hedges	$	7.4		$	-		Cost of sales
Tax expense		2.8			-		Provision for (benefit from) income taxes
Reclassifications for the period, net of tax	$	4.6		$	-
Change in pension and OPEB liability adjustments:
Amortization of actuarial gain (loss) and prior service credit	$	(1.6	)	$	(2.4	)	Cost of sales and selling, general and administrative expenses
Tax benefit		(0.6	)		(0.9	)	Provision for (benefit from) income taxes
Reclassifications for the period, net of tax	$	(1.0	)	$	(1.5	)